TITLE

Radian Posts 4Q Earnings of $156 Million

AUTHOR(S)
Chang, Helen
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/21/2005, Vol. 351 Issue 32054, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Radian Group Inc. posted record fourth-quarter and full-year profits for 2004. Net income for the quarter was $156 million, versus $55,5 million in the same quarter a year earlier, according to the bond and mortgage insurer. For the entire year, net income rose 34% to $518.7 million. Net premiums written fell 3% to $1.08 billion, while net premiums earned rose 2% to $1.03 billion. Full year revenue rose 7% to $1.36 billion from$ l,28 billion in 2003.
ACCESSION #
15791127

 

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