WINSTON-SALEM, N.C., Aug. 17 /PRNewswire-FirstCall/ -- Triad Guaranty Inc.
(Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has surpassed $1 billion of direct premiums written.
"We are proud to reach this significant mark in our company's history,"
stated Darryl W. Thompson, President and Chief Executive Officer. "Eighteen
years ago, we launched Triad on a set of core business principles: expertise
in risk management, a passion for innovative, value added MI products, and a
commitment to superior customer service. Over the years, we've held true to
those principles and our company has prospered. We continue to be the fastest
growing mortgage insurance company in the industry. We are grateful to our
employees for the talent and energy they have consistently dedicated to Triad
and to our customers who have entrusted us with their business."
Triad Guaranty Inc. became a public company in 1993 and celebrated its
tenth year as such by opening the Nasdaq Market in October 2003. Triad has
been selected twice by Forbes as one of America's "200 Best Small Companies"
and is a member of the Nasdaq Financial-100 Index(R).
Triad Guaranty Insurance Corporation, a wholly owned subsidiary of Triad
Guaranty Inc., is a nationwide mortgage insurer providing mortgage insurance
(MI) to residential mortgage lenders. Private MI makes homeownership available
to buyers with equity of less than 20%, facilitates the sale of mortgage loans
in the secondary market and protects lenders from default-related expenses.
For more information, please visit the company's web site at
http://www.triadguaranty.com.
SOURCE Triad Guaranty Inc.
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Related links:
http://www.triadguaranty.com
CONTACT:
Darryl W. Thompson, President and Chief
Executive Officer of Triad Guaranty Inc., +1-800-451-4872, ext.
1101, or dthompson@tgic.com
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