Enact Mortgage Insurance Enters Into a Forward Quota Share Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program
Key Highlights
- ➤35% of portion of expected 2028 new insurance written ceded under quota share agreement
- ➤Enact (ACT) signs reinsurance transaction with panel rated A- or better
- ➤Transaction advances Enact’s diversified credit risk transfer program
Expert Statements
Rohit Gupta, President and CEO of Enact
“This agreement represents another step in the continued advancement of our CRT program and our prudent approach to managing and distributing risk.”
Rohit Gupta, President and CEO of Enact
“We remain committed to further strengthening the resilience of our portfolio while driving sustainable long-term value creation for shareholders.”
RALEIGH, N.C., Oct. 01, 2026 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has entered into a quota share reinsurance agreement with a panel of reinsurers each currently rated “A-” or better by Standard & Poor’s (“S&P”) or A.M. Best Company, Inc., or rated “A3” or better by Moody’s.
Under the agreement, and subject to certain conditions, Enact will cede approximately 35% of a portion of expected new insurance written for the period from January 1, 2028 through December 31, 2028.
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