Radnor Re 2019-1 Ltd

Mortgage insurer Essent Guaranty has completed its second mortgage insurance-linked securities (ILS) transaction at an upsized amount, as the Radnor Re 2019-1 Ltd. deal grew to $473.2 million thanks to investor demand.

Mortgage insurer Essent Guaranty is returning to the capital markets for additional excess-of-loss reinsurance in 2019 with its second mortgage insurance-linked securities (ILS) transaction, an almost $444 million Radnor Re 2019-1 Ltd. deal that has recently launched to investors.