Enact Receives Ratings Upgrade from S&P Global Ratings

Core Points - Enact Holdings, Inc. received an upgrade from S&P Global Ratings, with its flagship insurance subsidiary's long-term financial strength rating raised to A- from BBB+ and the issuer credit rating for Enact Holdings upgraded to 'BBB-' from 'BB+' [1] - The outlook for the ratings is stable, indicating confidence in the company's future performance [1] - The CEO of Enact expressed satisfaction with the upgrade, attributing it to the company's strong capital position and performance [1] Company Overview - Enact Holdings, Inc. operates primarily through its wholly-owned subsidiary, Enact Mortgage Insurance Corporation, and has been a leading provider of private mortgage insurance in the U.S. since 1981 [2] - The company focuses on helping individuals achieve homeownership by partnering with lenders to provide top-tier service, underwriting expertise, and risk management [2] - Enact aims to positively impact communities by empowering customers and their borrowers in a sustainable manner [2]