Enact Holdings Inc

For the period ended Sep 30, 2024. Filed Nov 7, 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.

Sep 30, 2024 · Filed Nov 7, 2024

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

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Contents

Condensed Consolidated Balance Sheets

	September 30,2024	December 31,2023
(Amounts in thousands, except par value amount) · (Unaudited)
Assets
Fixed maturity securities available-for-sale, at fair value (amortized cost of $5,782,649 and $5,559,886 as of September 30, 2024, and December 31, 2023, respectively)	$5,652,399	$5,266,141
Short-term investments, at fair value	1,550	20,219
Total investments	5,653,949	5,286,360
Cash and cash equivalents	673,363	615,683
Accrued investment income	45,954	41,559
Deferred acquisition costs	24,160	25,006
Premiums receivable	48,834	45,070
Other assets	100,723	88,306
Deferred tax asset	50,063	88,489
Total assets	$6,597,046	$6,190,473
Liabilities and equity
Liabilities:
Loss reserves	$510,401	$518,191
Unearned premiums	121,382	149,330
Other liabilities	186,312	145,189
Long-term borrowings	742,706	745,416
Total liabilities	1,560,801	1,558,126
Equity:
Common stock ($0.01 par value; 600,000 shares authorized; 154,450 shares issued and outstanding as of September 30, 2024, and 159,344 shares issued and outstanding as of December 31, 2023)	1,544	1,593
Additional paid-in capital	2,145,518	2,310,891
Accumulated other comprehensive income	(101,984)	(230,400)
Retained earnings	2,991,167	2,550,263
Total equity	5,036,245	4,632,347
Total liabilities and equity	$6,597,046	$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.