* Q3 loss $0.86 vs est loss $1.32

* Cuts '09 claims paid view by 15 pct

* Sees rise in delinquencies in Q4

* Expects increase in paid claims in '10

* Shares up 10 pct

(Adds details from conference call, updates share movement)

BANGALORE, Nov 4 (Reuters) - Mortgage insurer Radian Group Inc (RDN.N: Quote, Profile, Research) reported a narrower-than-expected quarterly loss as fewer homeowners claimed mortgage insurance, and cut its 2009 claims-paid forecast.

On a post earnings call with analysts, company executives said they expect paid claims to increase in 2010 and were still exploring capital raising opportunities to improve liquidity and write new mortgage insurance business.

Radian expects some future losses from its trust preferred portfolio, it said.