TITLE

New License in Hand, Radian Takes Its Double-A to California

AUTHOR(S)
Smith, Aaron T.
PUB. DATE
July 2003
SOURCE
Bond Buyer;7/07/2003, Vol. 345 Issue 31671, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on possible plans of California-based financial guarantor Radian Asset Assurance Inc. to capitalize on an underserved niche in bond market. Possible plans of the state to issue multi-billion dollar in deficit bonds to help balance a fiscal 2004 budget; Acquisition of a license by Radian Asset Assurance from the state to insure bonds in California; Ratings earned by the company from various ratings agencies.
ACCESSION #
10348878

 

Related Articles

  • Radian Finds Success Living Alone in Double-A Territory. Smith, Aaron T. // Bond Buyer;5/30/2002, Vol. 340 Issue 31397, p7 

    Reports the bond insurance market of Radian Asset Assurance Inc. in Philadelphia, Pennsylvania. Expansion plans for the double-A deals; Statement regarding the plans of the company by chief executive Frank P. Filipps; Debt ratings of the company.

  • Ambac, Radian Report Income Gains; FGIC Earnings Down. Smith, Aaron T. // Bond Buyer;7/29/2003, Vol. 345 Issue 31687, p29 

    Reports on the financial performance of bond insurers in the U.S. bond market during the second quarter of the year 2003. Percentage increase in net income of Ambac Assurance Corp. in the duration; Net income achieved by Radian Asset Assurance Inc. and Radian Reinsurance Inc.; Total decline in...

  • Radian Insurance Not Enough for Oaklawn. Hanson, Matthew // Bond Buyer;10/23/2007, Vol. 362 Issue 32739, p7 

    The article reports that bond insurance of Radian Asset Assurance Inc. is no longer enough for Michigan-based Oaklawn Hospital. In the face of rising yields on its Radian-backed auction-rate bonds in early August 2007, Oaklawn opted for an extra letter of credit to help bring down the growing...

  • Assured Guaranty to Acquire Radian Asset. Slavin, Robert // Bond Buyer;12/24/2014, Issue 34232, p1 

    Assured Guaranty said it plans to purchase fellow bond insurer Radian Asset for $810 million to expand its municipal bond franchise.

  • California OKs Financial Guaranty License For Radian Asset.  // Insurance Advocate;7/14/2003, Vol. 114 Issue 26, p9 

    Reports that the Radian Asset Insurance Inc. has received its financial guaranty license from California's Department of Insurance. Benefits of the financial guaranty license on the company; Company operations ; Financial performance; Corporate history.

  • Citing Capital Concerns, Moody's Drops Radian Asset to A3. Temple-West, Patrick // Bond Buyer;6/26/2008, Vol. 364 Issue 32907, p6 

    The article reports that Moody's Investors Service has downgraded bond insurer, Radian Asset Assurance to A3 from Aa3. Moody's cites deterioration in capital adequacy and inability to produce near-term profits as reasons for its decision to downgrade Radian Asset to A3. Also, Moody's gave the...

  • Fitch Drops Radian to A-Plus. Hanson, Matthew // Bond Buyer;9/6/2007, Vol. 361 Issue 32707, p1 

    The article reports on the downgrade of Radian Group Inc. along with its mortgage insurance and financial guaranty subsidiaries, by Fitch Ratings Ltd. upon news that Radian's planned merger MGIC Investment Corp. would be scrapped. The downgrade includes the insurer financial strength rating of...

  • Radian Group to Transfer Insurance Subsidiary to Radian Guaranty Inc. Herman, Jack // Bond Buyer;8/12/2008, Vol. 365 Issue 32938, p7 

    The article reports on the move of Radian Group Inc. to transfer its bond insurance subsidiary Radian Asset Assurance Inc. to Radian Guaranty Inc. to prop up their mortgage insurers. It states that the decision represent as the most effective capital raising strategy, which included selling the...

  • Assured Guaranty to Acquire Radian Asset. Slavin, Robert // Bondbuyer.com;12/23/2014, p19 

    The article reports on plans of Assured Guaranty to acquire fellow bond insurer Radian Asset, a subsidiary of Radian Guaranty, which will be absorbed by its subsidiary Assured Guaranty Corp. (AGC) to be completed in the first half of 2015. Topics discussed include Radian Asset's insured...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics