Enact Mortgage Insurance Enters into Two Quota Share Reinsurance Agreements

Core Insights - Enact Holdings, Inc. has entered into two quota share reinsurance agreements with a panel of highly-rated reinsurers, aimed at prudent risk management and capital optimization [1][3] - The agreements involve ceding approximately 27% of expected new insurance written for the periods of January 1, 2025, to December 31, 2025, and January 1, 2026, to December 31, 2026 [2] Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and is a leading provider of private mortgage insurance in the U.S. since 1981 [5] - The company focuses on helping individuals achieve homeownership by partnering with lenders to provide best-in-class service, underwriting expertise, and risk management [5]