Eagle Re 2021-1 Ltd

Radian Guaranty, the US mortgage insurer entity of the Radian Group, has said that the successful completion of its latest mortgage insurance-linked securities (ILS) deal, the $498 million Eagle Re 2021-1 Ltd. transaction, is a capital efficient way to secure reinsurance for the company.

Radian Guaranty, the US mortgage insurer entity of the Radian Group, has returned to the capital markets in search of collateralised reinsurance with what could be its largest mortgage insurance-linked securities (ILS) issuance since the pandemic outbreak, as it looks to sponsor a nearly $498 million Eagle Re 2021-1 Ltd. transaction.