Enact Holdings Inc

For the period ended Mar 31, 2024. Filed May 3, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 3, 2024

ACT$46.20-1.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Balance Sheets

	March 31,2024	December 31,2023
(Amounts in thousands, except par value amount) · (Unaudited)
Assets
Fixed maturity securities available-for-sale, at fair value (amortized cost of $5,653,873 and $5,559,886 as of March 31, 2024, and December 31, 2023, respectively)	$5,351,138	$5,266,141
Short-term investments, at fair value	9,963	20,219
Total investments	5,361,101	5,286,360
Cash and cash equivalents	614,330	615,683
Accrued investment income	43,450	41,559
Deferred acquisition costs	24,861	25,006
Premiums receivable	43,927	45,070
Other assets	126,644	88,306
Deferred tax asset	89,370	88,489
Total assets	$6,303,683	$6,190,473
Liabilities and equity
Liabilities:
Loss reserves	$531,443	$518,191
Unearned premiums	138,886	149,330
Other liabilities	173,500	145,189
Long-term borrowings	746,090	745,416
Total liabilities	1,589,919	1,558,126
Equity:
Common stock ($0.01 par value; 600,000 shares authorized; 157,704 shares issued and outstanding as of March 31, 2024, and 159,344 shares issued and outstanding as of December 31, 2023)	1,577	1,593
Additional paid-in capital	2,264,198	2,310,891
Accumulated other comprehensive income	(237,477)	(230,400)
Retained earnings	2,685,466	2,550,263
Total equity	4,713,764	4,632,347
Total liabilities and equity	$6,303,683	$6,190,473

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.