Enact Mortgage Insurance Enters Into a Forward XOL Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program

Core Insights - Enact Holdings, Inc. has secured approximately $170 million in excess of loss reinsurance coverage from a panel of third-party reinsurance providers, effective January 1, 2027, for new insurance written in the 2027 book year [1] - The reinsurance coverage is part of the company's credit risk transfer strategy, which aims to manage risk effectively while delivering value to stakeholders [2] - Enact operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and is committed to supporting homeownership in the U.S. through private mortgage insurance [3] Company Overview - Enact Holdings, Inc. is a leading provider of private mortgage insurance in the U.S., operating since 1981 [3] - The company focuses on partnering with lenders to provide superior service, underwriting expertise, and risk management [3] - Enact is headquartered in Raleigh, North Carolina, and aims to positively impact communities by helping more people achieve homeownership [3]