Detail akcie Essent Group online

Business Summary: Essent Group Ltd. is a Bermuda-based holding company. The Company, through its wholly owned subsidiaries, offers private mortgage insurance and reinsurance, and title insurance and settlement services to serve the housing finance industry. Through the subsidiary, CUW Solutions, LLC, it offers mortgage insurance and provides contract underwriting services on a limited basis. It also offers mortgage-related insurance and reinsurance through its Bermuda-based subsidiary, Essent Reinsurance Ltd. The Company provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners. Its products and services include Bermuda-Based Insurance and Reinsurance, Title Insurance and Settlement Services, Mortgage Insurance, and Contract Underwriting. It offers two types of private mortgage insurance, namely primary and pool. Its subsidiaries include Essent Reinsurance Ltd. and Essent Irish Intermediate Holdings Ltd.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Essent Group Ltd revenues increased 12% to $1.24B. Net income increased 5% to $729.4M. Revenues reflect Gross investment income increase of 18% to $227.2M, Investment expenses increase of 19% to -$5.1M. Net income was partially offset by GAAP Expense Ratio - % increase of 11% to 27.1%, Other underwriting and operating exp. increase of 71% to $130.8M (expense).