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Business Description
Radian Group Inc. provides, through its subsidiaries and affiliates, insurance and financial services to financial institutions in the United States of America and globally. The principal business segments of the Company are mortgage insurance, financial guaranty and financial services. Its subsidiaries include Radian Guaranty Inc., Amerin Guaranty Corporation, Radian Insurance Inc., RadianExpress.com Inc., Radian Asset Assurance Inc. and Radian Reinsurance Inc. In June 2004, Radian Group Inc. announced the merger of its financial guaranty subsidiaries, Radian Asset Assurance Inc. and Radian Reinsurance Inc. The merged company will continue to use the Radian Asset Assurance name

Financial Information
For the nine months ended 9/30/04, total revenues rose 6% to $984.9 million. Net income rose 10% to $362.7 million. Results reflect improved performances in financial guaranty and mortgage insurance businesses.