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Article: Fitch Affirms Radian Asset & Radian Reinsurance, Outlook Remains Stable.
- Article from:
- Business Wire
- Article date:
- March 10, 2004
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Business Editors
NEW YORK--(BUSINESS WIRE)--March 10, 2004
Fitch Ratings affirms the 'AA' insurer financial strength (IFS) rating for both Radian Asset Assurance Inc. (Radian Asset) and Radian Reinsurance Inc. (Radian Re). Both companies are wholly-owned subsidiaries of Enhance Financial Services Group Inc., which in turn is a wholly-owned subsidiary of Radian Group Inc. (senior debt rated 'A' by Fitch). The debt ratings of Radian Group and the 'AA' IFS ratings for its mortgage insurance subsidiaries are also affirmed. The Rating Outlook for all Radian entities remains Stable.
The ratings for Radian Asset and Radian Re reflect the substantial ...