Essent Group Ltd.

ESNT

BMG3198U1027

Property & Casualty Insurance

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
53.98 ^USD	+0.22%		+0.97%	+2.35%

Apr. 04	Keefe Buyette & Woods Raises Essent Group's Price Target to $64 From $62, Maintains Market Perform Rating	MT
Apr. 03	JPMorgan Downgrades Essent Group to Neutral From Overweight, Lifts Price Target to $61 From $58	MT

Essent : Guaranty Q4 2023

March 05, 2024 at 02:40 pm EST

*13634202320100100*

PROPERTY AND CASUALTY COMPANIES - ASSOCIATION EDITION

ANNUAL STATEMENT

FOR THE YEAR ENDED DECEMBER 31, 2023

OF THE CONDITION AND AFFAIRS OF THE

ESSENT GUARANTY, INC.

NAIC Group Code

4694

NAIC Company Code

13634

Employer's ID Number

26-3728115

(Current)

(Prior)

Organized under the Laws of

Pennsylvania

, State of Domicile or Port of Entry

Country of Domicile

United States of America

Incorporated/Organized

11/14/2008

Commenced Business

07/09/2009

Statutory Home Office

Two Radnor Corporate Center - 100 Matsonford Rd., 3rd Floor ,

Radnor, PA, US 19087

(Street and Number)

(City or Town, State, Country and Zip Code)

Main Administrative Office

Two Radnor Corporate Center - 100 Matsonford Rd., 3rd Floor

(Street and Number)

Radnor, PA, US 19087

877-673-8190

(City or Town, State, Country and Zip Code)

(Area Code) (Telephone Number)

Mail Address

Two Radnor Corporate Center - 100 Matsonford Rd., 3rd Floor

Radnor, PA, US 19087

(Street and Number or P.O. Box)

(City or Town, State, Country and Zip Code)

Primary Location of Books and Records

Two Radnor Corporate Center - 100 Matsonford Rd., 3rd Floor

(Street and Number)

Radnor, PA, US 19087

877-673-8190

(City or Town, State, Country and Zip Code)

(Area Code) (Telephone Number)

Internet Website Address

www.essent.us

Statutory Statement Contact

David Weinstock

610-230-0569

(Name)

(Area Code) (Telephone Number)

David.Weinstock@essent.us

610-386-2396

(E-mail Address)

(FAX Number)

OFFICERS

CEO	Mark Anthony Casale	SVP/CLO/Secretary	Mary Lourdes Gibbons
President	Christopher Gerard Curran	SVP/CFO	David Bruce Weinstock #

OTHER

Joseph James Manion Jr., VP/Treasurer

DIRECTORS OR TRUSTEES

		Mark Anthony Casale		Christopher Gerard Curran	Robert Emil Glanville
		Angela Louise Heise		Roy James Kasmar	Anu Karna
		Douglas John Pauls
State of	Pennsylvania		SS
County of	Delaware

The officers of this reporting entity being duly sworn, each depose and say that they are the described officers of said reporting entity, and that on the reporting period stated above, all of the herein described assets were the absolute property of the said reporting entity, free and clear from any liens or claims thereon, except as herein stated, and that this statement, together with related exhibits, schedules and explanations therein contained, annexed or referred to, is a full and true statement of all the assets and liabilities and of the condition and affairs of the said reporting entity as of the reporting period stated above, and of its income and deductions therefrom for the period ended, and have been completed in accordance with the NAIC Annual Statement Instructions and Accounting Practices and Procedures manual except to the extent that: (1) state law may differ; or, (2) that state rules or regulations require differences in reporting not related to accounting practices and procedures, according to the best of their information, knowledge and belief, respectively. Furthermore, the scope of this attestation by the described officers also includes the related corresponding electronic filing with the NAIC, when required, that is an exact copy (except for formatting differences due to electronic filing) of the enclosed statement. The electronic filing may be requested by various regulators in lieu of or in addition to the enclosed statement.

Christopher Gerard Curran		Mary Lourdes Gibbons	David Bruce Weinstock
	President		SVP/CLO/Secretary		SVP/CFO
					a. Is this an original filing?	Yes [ X ] No [ ]
Subscribed and sworn to before me this			b. If no,
15th	day of		February 2024		1.	State the amendment number
				2.	Date filed
				3.	Number of pages attached
Lois A. Chapla
Notary Public
06/11/2027

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

ASSETS

			Current Year		Prior Year
		1	2	3	4
				Net Admitted Assets	Net Admitted
		Assets	Nonadmitted Assets	(Cols. 1 - 2)	Assets
1.	Bonds (Schedule D)	............ 3,078,220,900	...................................	............ 3,078,220,900	............ 3,077,708,914
2.	Stocks (Schedule D):
	2.1 Preferred stocks	...................................	...................................	0	0
	2.2 Common stocks	777,821	212,321	565,500	640,500

3. Mortgage loans on real estate (Schedule B):

	3.1 First liens	..................................................................................................				...................................	...................................	0	0
	3.2 Other than first liens				...................................	...................................	0	0
4.	Real estate (Schedule A):
	4.1 Properties occupied by the company (less $	0
	encumbrances)				...................................	...................................	0	0
	4.2 Properties held for the production of income (less
	$	0	encumbrances)		...................................	...................................	.................................0	.................................0
	4.3 Properties held for sale (less $	0

	.......................................................................................encumbrances)				.......................727,478	...................................	.......................727,478	.................................0
	................	104,453,991
5.	Cash ($	, Schedule E - Part 1), cash equivalents
	($	72,020,810	, Schedule E - Part 2) and short-term
	investments ($ ............... 126,112,081 , Schedule DA)		302,586,882	...................................	302,586,882	122,178,996
6.	Contract loans (including $	...................................	premium notes)		...................................	...................................	0	0
7.	Derivatives (Schedule DB)				...................................	...................................	0	0
8.	Other invested assets (Schedule BA)		150,784,589	0	150,784,589	146,924,805
9.	Receivable for securities				328,304	...................................	328,304	40,590
10.	Securities lending reinvested collateral assets (Schedule DL)		...................................	...................................	0	0
11.	Aggregate write-ins for invested assets		0	0	0	0
12.	Subtotals, cash and invested assets (Lines 1 to 11)		3,533,425,974	212,321	3,533,213,653	3,347,493,804
13.	Title plants less $	charged off (for Title insurers
	only)					...................................	...................................	.................................0	.................................0
14.	.............................................................Investment income due and accrued		................. 24,207,209	...................................	................. 24,207,209	................. 22,713,842
15.	Premiums and considerations:
	15.1 Uncollected premiums and agents' balances in the course of collection		45,338,043	...................................	45,338,043	41,399,633
	15.2 Deferred premiums, agents' balances and installments booked but
	...................................deferred and not yet due (including $
	............................................................earned but unbilled premiums)		...................................	...................................	.................................0	.................................0
	15.3 Accrued retrospective premiums ($ ................................... ) and
	contracts subject to redetermination ($	)		...................................	...................................	.................................0	0

16. Reinsurance:


	16.1	....................................................Amounts recoverable from reinsurers	...................................	...................................	.................................0	.................................0
	16.2	..........................Funds held by or deposited with reinsured companies	...................................	...................................	.................................0	.................................0
	16.3	........................Other amounts receivable under reinsurance contracts	...................................	...................................	.................................0	.................................0
17.	Amounts receivable relating to uninsured plans	...................................	...................................	.................................0	.................................0
18.1	Current federal and foreign income tax recoverable and interest thereon ....	...................1,494,904	...................................	...................1,494,904	.................................0
18.2	Net deferred tax asset	...................................................................................	................. 93,324,807	................. 65,708,841	................. 27,615,966	................. 27,098,363
19.	......................................................Guaranty funds receivable or on deposit	...................................	...................................	.................................0	.................................0
20.	.....................................Electronic data processing equipment and software	................... 2,187,455	................... 1,432,307	...................... 755,148	...................... 504,163
21.	Furniture and equipment, including health care delivery assets
	($	)	...................... 845,286	...................... 845,286	.................................0	.................................0
22.	.........Net adjustment in assets and liabilities due to foreign exchange rates	...................................	...................................	.................................0	.................................0
23.	.....................................Receivables from parent, subsidiaries and affiliates	................... 3,159,987	...................................	................... 3,159,987	.......................153,476
24.	Health care ($	) and other amounts receivable	...................................	...................................	0	0
25.	Aggregate write-ins for other than invested assets	16,810,675	15,345,830	1,464,845	400,000

26. Total assets excluding Separate Accounts, Segregated Accounts and

	Protected Cell Accounts (Lines 12 to 25)	3,720,794,340	83,544,585	3,637,249,755	3,439,763,281
27.	From Separate Accounts, Segregated Accounts and Protected Cell
	Accounts	...................................	...................................	.................................0	.................................0
28.	Total (Lines 26 and 27)	3,720,794,340	83,544,585	3,637,249,755	3,439,763,281
	DETAILS OF WRITE-INS

1101	....................................	....................................	....................................	....................................
1102	....................................	....................................	....................................	....................................
1103	....................................	....................................	....................................	....................................
1198.	Summary of remaining write-ins for Line 11 from overflow page	0	0	0	0
1199.	Totals (Lines 1101 thru 1103 plus 1198)(Line 11 above)	0	0	0	0
2501.	Prepaid expenses	15,345,830	15,345,830	0	0
2502.	Accounts receivable	...................1,464,845	...................................	...................1,464,845	...................... 400,000
2503	....................................	....................................	....................................	....................................
2598.	Summary of remaining write-ins for Line 25 from overflow page	.................................0	.................................0	.................................0	.................................0
2599.	Totals (Lines 2501 thru 2503 plus 2598)(Line 25 above)	16,810,675	15,345,830	1,464,845	400,000

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

LIABILITIES, SURPLUS AND OTHER FUNDS

				1	2
				Current Year	Prior Year
1.	Losses (Part 2A, Line 35, Column 8)	........................................................................................................................................	................145,714,817	................141,308,834
2.	Reinsurance payable on paid losses and loss adjustment expenses (Schedule F, Part 1, Column 6)	.................................0	.................................0
3.	.........................................................................................................Loss adjustment expenses (Part 2A, Line 35, Column 9)	...................1,458,606	................... 1,326,062
4.	.............................................................................Commissions payable, contingent commissions and other similar charges	...................................	...................................
5.	...............................................................................................................Other expenses (excluding taxes, licenses and fees)	................. 34,756,033	................. 36,830,981
6.	...................................................................................Taxes, licenses and fees (excluding federal and foreign income taxes)	................... 3,548,659	................... 2,376,245
7.1	...................................Current federal and foreign income taxes (including $	on realized capital gains (losses))	...................................	...................... 524,284
7.2	Net deferred tax liability		...................................	...................................
8.	Borrowed money $	and interest thereon $	..........................................	...................................	...................................

9. Unearned premiums (Part 1A, Line 38, Column 5) (after deducting unearned premiums for ceded reinsurance of

	$	41,403,594	and including warranty reserves of $	and accrued accident and
	.................................	0 for
	health experience rating refunds including $		medical loss ratio rebate per the Public Health
	Service Act)						................. 94,809,520	............... 115,448,654
10.	.....................................................................................................................................................................Advance premium					...................................	...................................
11.	Dividends declared and unpaid:
	......................................................................................................................................................................11.1 Stockholders					...................................	...................................
	.....................................................................................................................................................................11.2 Policyholders					...................................	...................................
12.	........................................................................................Ceded reinsurance premiums payable (net of ceding commissions)		................. 82,869,918	................. 67,565,520
13.	Funds held by company under reinsurance treaties (Schedule F, Part 3, Column 20)	.............................................................	.................................0	.................................0
14.	Amounts withheld or retained by company for account of others	..............................................................................................		...................................	...................................
15.	Remittances and items not allocated				...................... 160,615	.......................(43,968)
16.	.................................Provision for reinsurance (including $	0	.........................certified) (Schedule F, Part 3, Column 78)	.................................0	.................................0
17.	...................................................................................Net adjustments in assets and liabilities due to foreign exchange rates		...................................	...................................
18.	.....................................................................................................................................................................Drafts outstanding					...................................	...................................
19.	............................................................................................................................Payable to parent, subsidiaries and affiliates				................... 4,025,857	...................4,046,406
20.	Derivatives						.................................0	.................................0
21.	................................................................................................................................................................Payable for securities					........................ 88,691	...................1,606,141
22.	....................................................................................................................................................Payable for securities lending				...................................	...................................
23.	......................................................................................................................Liability for amounts held under uninsured plans				...................................	...................................
24.	Capital notes $	...................................	and interest thereon $		.................................................	...................................	...................................

25.	Aggregate write-ins for liabilities				2,265,712,737	2,048,739,712
26.	Total liabilities excluding protected cell liabilities (Lines 1 through 25)		............ 2,633,145,453	............ 2,419,728,871
27.	Protected cell liabilities
28.	Total liabilities (Lines 26 and 27)				............ 2,633,145,453	............ 2,419,728,871
29.	............................................................................................................................Aggregate write-ins for special surplus funds				.................................0	.................................0
30.	...............................................................................................................................................................Common capital stock					...................2,500,000	...................2,500,000
31.	...............................................................................................................................................................Preferred capital stock					...................................	...................................
32.	Aggregate write-ins for other than special surplus funds				.................................0	.................................0
33.	Surplus notes						.................................0	...................................
34.	.......................................................................................................................................Gross paid in and contributed surplus				................702,810,000	................702,810,000
35.	.......................................................................................................................................................Unassigned funds (surplus)					................298,794,302	................314,724,410
36.	Less treasury stock, at cost:
	36.1	shares common (value included in Line 30	$	)	...................................	...................................
	36.2	shares preferred (value included in Line 31	$	)	...................................	...................................
37.	Surplus as regards policyholders (Lines 29 to 35, less 36) (Page 4, Line 39)	1,004,104,302	1,020,034,410
38.	TOTALS (Page 2, Line 28, Col. 3)					3,637,249,755	3,439,763,281
	DETAILS OF WRITE-INS
2501.	Contingency reserve					2,265,712,737	............ 2,048,739,712
2502		....................................
2503		....................................
2598.	Summary of remaining write-ins for Line 25 from overflow page	..............................................................................................		.................................0	.................................0
2599.	Totals (Lines 2501 thru 2503 plus 2598)(Line 25 above)					2,265,712,737	2,048,739,712
2901		....................................
2902		....................................
2903		....................................
2998.	Summary of remaining write-ins for Line 29 from overflow page	..............................................................................................		.................................0	.................................0
2999.	Totals (Lines 2901 thru 2903 plus 2998)(Line 29 above)					0	0
3201.	......................................................................................................................................................................................................................................		....................................

3202
3203		....................................
3298.	Summary of remaining write-ins for Line 32 from overflow page	.................................0	.................................0
3299.	Totals (Lines 3201 thru 3203 plus 3298)(Line 32 above)	0	0

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

STATEMENT OF INCOME

			1	2
			Current Year	Prior Year
	UNDERWRITING INCOME
1.	Premiums earned (Part 1, Line 35, Column 4)	547,162,450	550,906,340
	DEDUCTIONS:
2.	Losses incurred (Part 2, Line 35, Column 7)	................. 11,809,505	.............. (131,332,823)
3.	Loss adjustment expenses incurred (Part 3, Line 25, Column 1)	.......................337,896	.....................(241,886)
4.	Other underwriting expenses incurred (Part 3, Line 25, Column 2)
85,514,701	94,084,712
5.	Aggregate write-ins for underwriting deductions	.................................0	.................................0
6.	Total underwriting deductions (Lines 2 through 5)	97,662,102	(37,489,997)
7.	Net income of protected cells	...................................	...................................
8.	Net underwriting gain (loss) (Line 1 minus Line 6 plus Line 7)	................449,500,348	................588,396,337
	INVESTMENT INCOME
9.	............................................................................Net investment income earned (Exhibit of Net Investment Income, Line 17)	................113,601,884	................. 90,699,533
10.	Net realized capital gains (losses) less capital gains tax of $	(1,263,555) (Exhibit of Capital
	Gains (Losses) )	(4,753,372)	(1,026,985)
11.	Net investment gain (loss) (Lines 9 + 10)	108,848,512	89,672,548
	OTHER INCOME

12. Net gain (loss) from agents' or premium balances charged off (amount recovered

	$	amount charged off $	)	.................................0	.................................0
13.	Finance and service charges not included in premiums	...................................	...................................
14.	Aggregate write-ins for miscellaneous income	4,950,000	5,225,000
15.	..................................................................................................................................Total other income (Lines 12 through 14)	4,950,000	5,225,000
16.	Net income before dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes
	(Lines 8 + 11 + 15)		................563,298,860	................683,293,885

Dividends to policyholders .........................................................................................................................................................
Net income, after dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes

	(Line 16 minus Line 17)	563,298,860	683,293,885
19.	Federal and foreign income taxes incurred		132,033,115	92,788,559
20.	Net income (Line 18 minus Line 19)(to Line 22)	590,505,326
	CAPITAL AND SURPLUS ACCOUNT
21.	Surplus as regards policyholders, December 31 prior year (Page 4, Line 39, Column 2)	1,020,034,410	............ 1,043,866,319
22.	Net income (from Line 20)	431,265,745	590,505,326
23.	Net transfers (to) from Protected Cell accounts	...................................	...................................
24.	Change in net unrealized capital gains or (losses) less capital gains tax of $	..............................	................. (4,698,309)	................. 22,391,155
25.	Change in net unrealized foreign exchange capital gain (loss)	...................................	...................................
26.	Change in net deferred income tax	................. 52,060,820	................. (4,855,195)
27.	Change in nonadmitted assets (Exhibit of Nonadmitted Assets, Line 28, Col. 3)
17,407,609	(60,804,557)
28.	Change in provision for reinsurance (Page 3, Line 16, Column 2 minus Column 1)	.................................0	.................................0
29.	Change in surplus notes	...................................	...................................
30.	Surplus (contributed to) withdrawn from protected cells	...................................	...................................
31.	Cumulative effect of changes in accounting principles	...................................	...................................
32.	Capital changes:
	32.1 Paid in	...................................	...................................
	32.2 Transferred from surplus (Stock Dividend)	...................................	...................................
	32.3 Transferred to surplus	...................................	...................................
33.	Surplus adjustments:
	33.1 Paid in
	0	0
	33.2 Transferred to capital (Stock Dividend)	...................................	...................................
	33.3 Transferred from capital	...................................	...................................
34.	Net remittances from or (to) Home Office	...................................	...................................
35.	Dividends to stockholders	..............(294,992,948)	..............(315,000,000)
36.	Change in treasury stock (Page 3, Lines 36.1 and 36.2, Column 2 minus Column 1)	.................................0	.................................0
37.	Aggregate write-ins for gains and losses in surplus	(216,973,025)	(256,068,638)
38.	Change in surplus as regards policyholders for the year (Lines 22 through 37)	(15,930,108)	(23,831,909)
39.	Surplus as regards policyholders, December 31 current year (Line 21 plus Line 38) (Page 3, Line 37)		1,004,104,302	1,020,034,410
	DETAILS OF WRITE-INS

0501
0502		....................................
0503		....................................
0598.	Summary of remaining write-ins for Line 5 from overflow page	.................................0	.................................0
0599.	Totals (Lines 0501 thru 0503 plus 0598)(Line 5 above)	0	0
1401.	Service fee income	4,950,000	5,225,000
1402		....................................
1403		....................................
1498.	Summary of remaining write-ins for Line 14 from overflow page	.................................0	.................................0
1499.	Totals (Lines 1401 thru 1403 plus 1498)(Line 14 above)	4,950,000	5,225,000
3701.	Increase in contingency reserves	(216,973,025)	(256,068,638)

3702		....................................
3703		....................................
3798.	Summary of remaining write-ins for Line 37 from overflow page	.................................0	.................................0
3799.	Totals (Lines 3701 thru 3703 plus 3798)(Line 37 above)	(216,973,025)	(256,068,638)

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

CASH FLOW

Cash from Operations

Current Year

Prior Year

1.	Premiums collected net of reinsurance	................537,889,304	............... 520,809,906
2.	Net investment income	............... 115,925,018	................. 89,416,323
3.	Miscellaneous income	4,950,000	5,225,000
4.	Total (Lines 1 through 3)	658,764,322	615,451,229
5.	Benefit and loss related payments	................... 7,403,522	................... 3,602,782
6.	.......................................................Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts	.................................0	.................................0
7.	Commissions, expenses paid and aggregate write-ins for deductions	................. 84,580,149	................. 91,979,686
8.	Dividends paid to policyholders	.................................0	.................................0
9.	Federal and foreign income taxes paid (recovered) net of $	tax on capital gains (losses)	132,788,748	93,846,943
10.	Total (Lines 5 through 9)	224,772,419	189,429,411
11.	Net cash from operations (Line 4 minus Line 10)	433,991,903	426,021,818

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

	12.1	Bonds	539,189,093	426,463,069
	12.2	Stocks	75,000	16,000
	12.3	Mortgage loans	0	0
	12.4	Real estate	0	342,805
	12.5	Other invested assets	9,695,583	9,237,270
	12.6	Net gains or (losses) on cash, cash equivalents and short-term investments	8,863	..........................2,945
	12.7	Miscellaneous proceeds	0	0
	12.8 Total investment proceeds (Lines 12.1 to 12.7)	................548,968,539	................436,062,089
13.	Cost of investments acquired (long-term only):
	13.1	Bonds	............... 599,251,590	................482,447,649
	13.2	Stocks	.................................0	.................................0
	13.3	Mortgage loans	.................................0	.................................0
	13.4	Real estate	.......................727,478	...................... 342,805
	13.5	Other invested assets	................. 12,584,537	................. 41,630,066
	13.6	Miscellaneous applications	1,805,164	5,651,543
	13.7	Total investments acquired (Lines 13.1 to 13.6)	614,368,769	530,072,063
14.	Net increase/(decrease) in contract loans and premium notes	0	0
15.	Net cash from investments (Line 12.8 minus Line 13.7 minus Line 14)	(65,400,231)	(94,009,974)
		Cash from Financing and Miscellaneous Sources

16.	Cash provided (applied):
	16.1	Surplus notes, capital notes	.................................0	.................................0
	16.2 Capital and paid in surplus, less treasury stock	.................................0	.................................0
	.................................................................................................................................................................16.3 Borrowed funds	.................................0	.................................0
	..............................................................................16.4 Net deposits on deposit-type contracts and other insurance liabilities	.................................0	.................................0
	.................................................................................................................................................16.5 Dividends to stockholders	................251,785,000	................315,000,000
	...........................................................................................................................................16.6 Other cash provided (applied)	63,601,214	(69,627,885)
17.	Net cash from financing and miscellaneous sources (Lines 16.1 to 16.4 minus Line 16.5 plus Line 16.6)	(188,183,786)	(384,627,885)
		RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
18.	Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17)	180,407,886	(52,616,041)

19. Cash, cash equivalents and short-term investments:

19.1 Beginning of year	................122,178,996	................174,795,037
19.2 End of period (Line 18 plus Line 19.1)		302,586,882	122,178,996

Note: Supplemental disclosures of cash flow information for non-cash transactions:

20.0001. Dividend of bonds to Parent	................. 43,207,948	...................................

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1 - PREMIUMS EARNED

		1	2	3	4
			Unearned Premiums	Unearned Premiums
		Net Premiums	Dec. 31 Prior Year -	Dec. 31 Current	Premiums Earned
		Written per	per Col. 3,	Year - per Col. 5	During Year
	Line of Business	Column 6, Part 1B	Last Year's Part 1	Part 1A	(Cols. 1 + 2 - 3)
1.	Fire	0	0	0	0
2.1	Allied lines	.................................0	.................................0	.................................0	.................................0
2.2	Multiple peril crop	.................................0	.................................0	.................................0	.................................0
2.3	Federal flood	.................................0	.................................0	.................................0	.................................0
2.4	Private crop	.................................0	.................................0	.................................0	.................................0
2.5	Private flood	.................................0	.................................0	.................................0	.................................0
3.	Farmowners multiple peril	.................................0	.................................0	.................................0	.................................0
4.	Homeowners multiple peril	0	0	0	0
5.1	Commercial multiple peril (non-liability portion)	0	0	0	0
5.2	Commercial multiple peril (liability portion)	.................................0	.................................0	.................................0	.................................0
6.	Mortgage guaranty	................526,523,316	............... 115,448,654	................. 94,809,520	................547,162,450
8.	Ocean marine	.................................0	.................................0	.................................0	.................................0
9.	Inland marine	.................................0	.................................0	.................................0	.................................0
10.	Financial guaranty	.................................0	.................................0	.................................0	.................................0
11.1	Medical professional liability - occurrence	.................................0	.................................0	.................................0	.................................0
11.2	Medical professional liability - claims-made	.................................0	.................................0	.................................0	.................................0
12.	Earthquake	.................................0	.................................0	.................................0	.................................0
13.1	Comprehensive (hospital and medical) individual	0	0	0	0
13.2	Comprehensive (hospital and medical) group	.................................0	.................................0	.................................0	.................................0
14.	Credit accident and health (group and individual)	.................................0	.................................0	.................................0	.................................0
15.1	Vision only	.................................0	.................................0	.................................0	.................................0
15.2	Dental only	.................................0	.................................0	.................................0	.................................0
15.3	Disability income	0	0	0	0
15.4	Medicare supplement	.................................0	.................................0	.................................0	.................................0
15.5	Medicaid Title XIX	.................................0	.................................0	.................................0	.................................0
15.6	Medicare Title XVIII	.................................0	.................................0	.................................0	.................................0
15.7	Long-term care	.................................0	.................................0	.................................0	.................................0
15.8	Federal employees health benefits plan	0	0	0	0
15.9	Other health	.................................0	.................................0	.................................0	.................................0
16.	Workers' compensation	.................................0	.................................0	.................................0	.................................0
17.1	Other liability - occurrence	.................................0	.................................0	.................................0	.................................0
17.2	Other liability - claims-made	.................................0	.................................0	.................................0	.................................0
17.3	Excess workers' compensation	0	0	0	0
18.1	Products liability - occurrence	.................................0	.................................0	.................................0	.................................0
18.2	Products liability - claims-made	.................................0	.................................0	.................................0	.................................0
19.1	Private passenger auto no-fault (personal injury protection)	.................................0	.................................0	.................................0	.................................0
19.2	Other private passenger auto liability	.................................0	.................................0	.................................0	.................................0
19.3	Commercial auto no-fault (personal injury protection)	0	0	0	0
19.4	Other commercial auto liability	.................................0	.................................0	.................................0	.................................0
21.1	Private passenger auto physical damage	.................................0	.................................0	.................................0	.................................0
21.2	Commercial auto physical damage	.................................0	.................................0	.................................0	.................................0
22.	Aircraft (all perils)	.................................0	.................................0	.................................0	.................................0
23.	Fidelity	0	0	0	0
24.	Surety	.................................0	.................................0	.................................0	.................................0
26.	Burglary and theft	.................................0	.................................0	.................................0	.................................0
27.	Boiler and machinery	.................................0	.................................0	.................................0	.................................0
28.	Credit	.................................0	.................................0	.................................0	.................................0
29.	International	0	0	0	0
30.	Warranty	.................................0	.................................0	.................................0	.................................0
31.	Reinsurance - nonproportional assumed property	.................................0	.................................0	.................................0	.................................0
32.	Reinsurance - nonproportional assumed liability	.................................0	.................................0	.................................0	.................................0
33.	Reinsurance - nonproportional assumed financial lines	0	0	0	0
34.	Aggregate write-ins for other lines of business	0	0	0	0
35.	TOTALS	526,523,316	115,448,654	94,809,520	547,162,450
	DETAILS OF WRITE-INS

3401.	......................................................................................................................	.................................... .................................... .................................... ....................................
3402.	......................................................................................................................	....................................	....................................	....................................	....................................
3403.	......................................................................................................................	....................................	....................................	....................................	....................................

3498.	Summary of remaining write-ins for Line 34 from overflow page	0	0	0	0
3499.	Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)	0	0	0	0

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1A - RECAPITULATION OF ALL PREMIUMS

		1	2	3	4	5
					Reserve for Rate
		Amount Unearned	Amount Unearned		Credits and
		(Running One Year	(Running More Than		Retrospective	Total Reserve for
		or Less from Date	One Year from	Earned But Unbilled	Adjustments Based	Unearned Premiums
	Line of Business	of Policy) (a)	Date of Policy) (a)	Premium	on Experience	Cols. 1 + 2 + 3 + 4
1.	Fire	...................................	...................................	...................................	...................................	0
2.1	Allied lines	...................................	...................................	...................................	...................................	.................................0
2.2	Multiple peril crop	...................................	...................................	...................................	...................................	0
2.3	Federal flood	...................................	...................................	...................................	...................................	.................................0
2.4	Private crop	...................................	...................................	...................................	...................................	.................................0
2.5	Private flood	...................................	...................................	...................................	...................................	.................................0
3.	Farmowners multiple peril	...................................	...................................	...................................	...................................	.................................0
4.	Homeowners multiple peril	...................................	...................................	...................................	...................................	0
5.1	Commercial multiple peril (non-liability portion)	...................................	...................................	...................................	...................................	.................................0
5.2	Commercial multiple peril (liability portion)	...................................	...................................	...................................	...................................	.................................0
6.	Mortgage guaranty	...................................	................. 94,809,520	...................................	...................................	................. 94,809,520
8.	Ocean marine	...................................	...................................	...................................	...................................	.................................0
9.	Inland marine	...................................	...................................	...................................	...................................	0
10.	Financial guaranty	...................................	...................................	...................................	...................................	.................................0
11.1	Medical professional liability - occurrence	...................................	...................................	...................................	...................................	.................................0
11.2	Medical professional liability - claims-made	...................................	...................................	...................................	...................................	.................................0
12.	Earthquake	...................................	...................................	...................................	...................................	.................................0
13.1	Comprehensive (hospital and medical) individual ...	...................................	...................................	...................................	...................................	0
13.2	Comprehensive (hospital and medical) group	...................................	...................................	...................................	...................................	.................................0
14.	Credit accident and health (group and individual) ...	...................................	...................................	...................................	...................................	.................................0
15.1	Vision only	...................................	...................................	...................................	...................................	.................................0
15.2	Dental only	...................................	...................................	...................................	...................................	.................................0
15.3	Disability income	...................................	...................................	...................................	...................................	0
15.4	Medicare supplement	...................................	...................................	...................................	...................................	.................................0
15.5	Medicaid Title XIX	...................................	...................................	...................................	...................................	.................................0
15.6	Medicare Title XVIII	...................................	...................................	...................................	...................................	.................................0
15.7	Long-term care	...................................	...................................	...................................	...................................	.................................0
15.8	Federal employees health benefits plan	...................................	...................................	...................................	...................................	0
15.9	Other health	...................................	...................................	...................................	...................................	.................................0
16.	Workers' compensation	...................................	...................................	...................................	...................................	.................................0
17.1	Other liability - occurrence	...................................	...................................	...................................	...................................	.................................0
17.2	Other liability - claims-made	...................................	...................................	...................................	...................................	.................................0
17.3	Excess workers' compensation	...................................	...................................	...................................	...................................	0
18.1	Products liability - occurrence	...................................	...................................	...................................	...................................	.................................0
18.2	Products liability - claims-made	...................................	...................................	...................................	...................................	.................................0
19.1	Private passenger auto no-fault (personal injury
	protection)	...................................	...................................	...................................	...................................	.................................0
19.2	Other private passenger auto liability	...................................	...................................	...................................	...................................	.................................0
19.3	Commercial auto no-fault (personal injury
	protection)	...................................	...................................	...................................	...................................	0
19.4	Other commercial auto liability	...................................	...................................	...................................	...................................	.................................0
21.1	Private passenger auto physical damage	...................................	...................................	...................................	...................................	.................................0
21.2	Commercial auto physical damage	...................................	...................................	...................................	...................................	0
22.	Aircraft (all perils)	...................................	...................................	...................................	...................................	.................................0
23.	Fidelity	...................................	...................................	...................................	...................................	.................................0
24.	Surety	...................................	...................................	...................................	...................................	.................................0
26.	Burglary and theft	...................................	...................................	...................................	...................................	.................................0
27.	Boiler and machinery	...................................	...................................	...................................	...................................	0
28.	Credit	...................................	...................................	...................................	...................................	.................................0
29.	International	...................................	...................................	...................................	...................................	.................................0
30.	Warranty	...................................	...................................	...................................	...................................	.................................0
31.	Reinsurance - nonproportional assumed property ..	...................................	...................................	...................................	...................................	.................................0
32.	Reinsurance - nonproportional assumed liability	...................................	...................................	...................................	...................................	0

33. Reinsurance - nonproportional assumed financial

	lines	...................................	...................................	...................................	...................................	0
34.	Aggregate write-ins for other lines of business		0	0	0	0	0
35.	TOTALS		0	94,809,520	0	0	94,809,520
36.	Accrued retrospective premiums based on experience				0
37.	Earned but unbilled premiums						.................................0
38.	Balance (Sum of Line 35 through 37)						94,809,520
	DETAILS OF WRITE-INS

3401	....................................	....................................	....................................	....................................	....................................
3402	....................................	....................................	....................................	....................................	....................................
3403	....................................	....................................	....................................	....................................	....................................
3498.	Summary of remaining write-ins for Line 34 from
	overflow page	.................................	0	0	0	0	0
3499.	Totals (Lines 3401 thru 3403 plus 3498)(Line 34
	above)		0	0	0	0	0
(a) State here basis of computation used in each case	...........................................................................................................................................................................................

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1B - PREMIUMS WRITTEN

		1	Reinsurance Assumed	Reinsurance Ceded	6
			2	3	4	5	Net Premiums
							Written
	Line of Business	Direct Business (a)	From Affiliates	From Non-Affiliates	To Affiliates	To Non-Affiliates	Cols. 1+2+3-4-5
1.	Fire	............................. 0	...............................	...............................	...............................	...............................	............................. 0
2.1	Allied lines	............................. 0	...............................	...............................	...............................	...............................	............................. 0
2.2	Multiple peril crop	............................. 0	...............................	...............................	...............................	...............................	............................. 0
2.3	Federal flood	............................. 0	...............................	...............................	...............................	...............................	............................. 0
2.4	Private crop	............................. 0	...............................	...............................	...............................	...............................	............................. 0
2.5	Private flood	............................. 0	...............................	...............................	...............................	...............................	............................. 0
3.	Farmowners multiple peril	............................. 0	...............................	...............................	...............................	...............................	............................. 0
4.	Homeowners multiple peril	............................. 0	...............................	...............................	...............................	...............................	............................. 0
5.1	Commercial multiple peril (non-liability
	portion)	............................. 0	...............................	...............................	...............................	...............................	............................. 0
5.2	Commercial multiple peril (liability portion)	............................. 0	...............................	...............................	...............................	...............................	............................. 0
6.	Mortgage guaranty	............920,326,896	...............................	...............................	............259,304,964	............134,498,616	............526,523,316
8.	Ocean marine	............................. 0	...............................	...............................	...............................	...............................	............................. 0
9.	Inland marine	............................. 0	...............................	...............................	...............................	...............................	............................. 0
10.	Financial guaranty	............................. 0	...............................	...............................	...............................	...............................	............................. 0
11.1	Medical professional liability - occurrence .	0	...............................	............................... ............................... ...............................	............................. 0
11.2	Medical professional liability - claims-
	made	0	...............................	............................... ............................... ...............................	............................. 0
12.	Earthquake	0	...............................	............................... ............................... ...............................	............................. 0
13.1	Comprehensive (hospital and medical)
	individual	0	...............................	............................... ............................... ...............................	............................. 0
13.2	Comprehensive (hospital and medical)
	group	0	...............................	............................... ............................... ...............................	............................. 0

14. Credit accident and health (group and

	individual)	0	............................................................................................. ............................... ............................. 0
15.1	Vision only	............................. 0	...............................	...............................		...............................	...............................	............................. 0
15.2	Dental only	............................. 0	...............................	...............................		...............................	...............................	............................. 0
15.3	Disability income	............................. 0	...............................	...............................		...............................	...............................	............................. 0
15.4	Medicare supplement	............................. 0	...............................	...............................		...............................	...............................	............................. 0
15.5	Medicaid Title XIX	............................. 0	...............................	...............................		...............................	...............................	............................. 0
15.6	Medicare Title XVIII	............................. 0	...............................	...............................		...............................	...............................	............................. 0
15.7	Long-term care	............................. 0	...............................	...............................		...............................	...............................	............................. 0
15.8	Federal employees health benefits plan ...	............................. 0	...............................	...............................		...............................	...............................	............................. 0
15.9	Other health	............................. 0	...............................	...............................		...............................	...............................	............................. 0
16.	Workers' compensation	............................. 0	...............................	...............................		...............................	...............................	............................. 0
17.1	Other liability - occurrence	............................. 0	...............................	...............................		...............................	...............................	............................. 0
17.2	Other liability - claims-made	............................. 0	...............................	...............................		...............................	...............................	............................. 0
17.3	Excess workers' compensation	............................. 0	...............................	...............................		...............................	...............................	............................. 0
18.1	Products liability - occurrence	............................. 0	...............................	...............................		...............................	...............................	............................. 0
18.2	Products liability - claims-made	............................. 0	...............................	...............................		...............................	...............................	............................. 0
19.1	Private passenger auto no-fault (personal
	injury protection)	............................. 0	...............................	...............................		...............................	...............................	............................. 0
19.2	Other private passenger auto liability	............................. 0	...............................	...............................		...............................	...............................	............................. 0
19.3	Commercial auto no-fault (personal injury
	protection)	............................. 0	...............................	...............................		...............................	...............................	............................. 0
19.4	Other commercial auto liability	............................. 0	...............................		...............................	...............................	...............................	............................. 0
21.1	Private passenger auto physical damage .	............................. 0	...............................	...............................		...............................	...............................	............................. 0
21.2	Commercial auto physical damage	............................. 0	...............................		...............................	...............................	...............................	............................. 0
22.	Aircraft (all perils)	............................. 0	...............................	...............................		...............................	...............................	............................. 0
23.	Fidelity	............................. 0	...............................		...............................	...............................	...............................	............................. 0
24.	Surety	............................. 0	...............................	...............................		...............................	...............................	............................. 0
26.	Burglary and theft	............................. 0	...............................	...............................		...............................	...............................	............................. 0
27.	Boiler and machinery	............................. 0	...............................	...............................	...............................	...............................	............................. 0
28.	Credit	............................. 0	...............................	...............................	...............................	...............................	............................. 0
29.	International	............................. 0	...............................	...............................	...............................	...............................	............................. 0
30.	Warranty	0	..............................................................		...............................	...............................	............................. 0

31. Reinsurance - nonproportional assumed

property

XXX

............................... ............................... ............................... ............................. 0

32. Reinsurance - nonproportional assumed

liability

XXX

............................... ............................... ............................... ............................. 0

33. Reinsurance - nonproportional assumed

financial lines

XXX

............................... ............................... ............................... ............................. 0

34. Aggregate write-ins for other lines of

	business		0	0		0	0	0	0
35.	TOTALS	920,326,896	0		0	259,304,964	134,498,616	526,523,316
	DETAILS OF WRITE-INS
3401	.................................	.................................	.................................	.................................	.................................	.................................
3402	.................................	.................................	.................................	.................................	.................................	.................................
3403	.................................	.................................	.................................	.................................	.................................	.................................
3498.	Summary of remaining write-ins for Line
	34 from overflow page	.............................	0	............................. 0	.............................	0	............................. 0	............................. 0	0
3499.	Totals (Lines 3401 thru 3403 plus
	3498)(Line 34 above)		0	0		0	0	0	0
(a) Does the company's direct premiums written include premiums recorded on an installment basis?	Yes [ ]	No [ X ]
If yes: 1. The amount of such installment premiums $	...............................
	2. Amount at which such installment premiums would have been reported had they been reported on an annualized basis $	...............................

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

UNDERWRITING AND INVESTMENT EXHIBIT

PART 2 - LOSSES PAID AND INCURRED

			Losses Paid Less Salvage		5	6	7	8
		1	2	3	4				Percentage of
									Losses Incurred
						Net Losses Unpaid		Losses Incurred	(Col. 7, Part 2) to
			Reinsurance	Reinsurance	Net Payments	Current Year	Net Losses Unpaid	Current Year	Premiums Earned
	Line of Business	Direct Business	Assumed	Recovered	(Cols. 1 + 2 -3 )	(Part 2A , Col. 8)	Prior Year	(Cols. 4 + 5 - 6)	(Col. 4, Part 1)
1.	Fire	..................................0	...................................	...................................	0	0	0	0	0.0
2.1	Allied lines	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
2.2	Multiple peril crop	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
2.3	Federal flood	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
2.4	Private crop	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
2.5	Private flood	..................................0	...................................	...................................	0	..................................0	0	0	0.0
3.	Farmowners multiple peril	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
4.	Homeowners multiple peril	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
5.1	Commercial multiple peril (non-liability portion)	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
5.2	Commercial multiple peril (liability portion)	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
6.	Mortgage guaranty	..................... 10,722,662	...................................	3,319,140	7,403,522	....................145,714,817	141,308,834	11,809,505	2.2
8.	Ocean marine	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
9.	Inland marine	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
10.	Financial guaranty	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
11.1	Medical professional liability - occurrence	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
11.2	Medical professional liability - claims-made	..................................0	...................................	...................................	0	..................................0	0	0	0.0
12.	Earthquake	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
13.1	Comprehensive (hospital and medical) individual	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
13.2	Comprehensive (hospital and medical) group	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
14.	Credit accident and health (group and individual)	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.1	Vision only	..................................0	...................................	...................................	0	..................................0	0	0	0.0
15.2	Dental only	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.3	Disability income	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.4	Medicare supplement	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.5	Medicaid Title XIX	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.6	Medicare Title XVIII	..................................0	...................................	...................................	0	..................................0	0	0	0.0
15.7	Long-term care	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.8	Federal employees health benefits plan	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
15.9	Other health	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
16.	Workers' compensation	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
17.1	Other liability - occurrence	..................................0	...................................	...................................	0	..................................0	0	0	0.0
17.2	Other liability - claims-made	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
17.3	Excess workers' compensation	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
18.1	Products liability - occurrence	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
18.2	Products liability - claims-made	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
19.1	Private passenger auto no-fault (personal injury protection)	..................................0	...................................	...................................	0	..................................0	0	0	0.0
19.2	Other private passenger auto liability	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
19.3	Commercial auto no-fault (personal injury protection)	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
19.4	Other commercial auto liability	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
21.1	Private passenger auto physical damage	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
21.2	Commercial auto physical damage	..................................0	...................................	...................................	0	..................................0	0	0	0.0
22.	Aircraft (all perils)	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
23.	Fidelity	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
24.	Surety	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
26.	Burglary and theft	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
27.	Boiler and machinery	..................................0	...................................	...................................	0	..................................0	0	0	0.0
28.	Credit	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
29.	International	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
30.	Warranty	..................................0	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
31.	Reinsurance - nonproportional assumed property	...............XXX	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
32.	Reinsurance - nonproportional assumed liability	...............XXX	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
33.	Reinsurance - nonproportional assumed financial lines	...............XXX	...................................	...................................	..................................0	..................................0	..................................0	..................................0	...............................0.0
34.	Aggregate write-ins for other lines of business	0	0	0	0	0	0	0	0.0
35.	TOTALS	10,722,662	0	3,319,140	7,403,522	145,714,817	141,308,834	11,809,505	2.2
	DETAILS OF WRITE-INS
3401	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
3402	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................

3403	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
3498.	Summary of remaining write-ins for Line 34 from overflow page	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	..................................0	...................................
3499.	Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)	0	0	0	0	0	0	0	0.0

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE ESSENT GUARANTY, INC.

UNDERWRITING AND INVESTMENT EXHIBIT

PART 2A - UNPAID LOSSES AND LOSS ADJUSTMENT EXPENSES

				Reported Losses		Incurred But Not Reported		8		9
			1	2	3	4	5	6		7
						Net Losses Excl.
					Deduct	Incurred But Not							Net Unpaid
		Line of Business		Reinsurance	Reinsurance	Reported		Reinsurance		Reinsurance	Net Losses Unpaid	Loss Adjustment
		Direct	Assumed	Recoverable	(Cols. 1 + 2 - 3)	Direct	Assumed		Ceded	(Cols. 4 + 5 + 6 - 7)	Expenses
1.	Fire	...................................	...................................	...................................	0	...................................	...................................	...................................	..................................	0	...................................
2.1	Allied lines				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
2.2	Multiple peril crop				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
2.3	Federal flood									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
2.4	Private crop				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
2.5	Private flood									..................................	0
...................................	...................................	...................................	0	...................................	...................................	...................................		...................................
3.	Farmowners multiple peril				0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
4.	Homeowners multiple peril									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
5.1	Commercial multiple peril (non-liability portion)									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
5.2	Commercial multiple peril (liability portion)				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
6.	Mortgage guaranty							.......................	6,792,000		145,714,817
226,121,333	...................................	90,573,516	135,547,817	16,959,000	...................................		....................	1,458,606
8.	Ocean marine				0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
9.	Inland marine									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
10.	Financial guaranty									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
11.1	Medical professional liability - occurrence				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
11.2	Medical professional liability - claims-made									..................................	0
...................................	...................................	...................................	0	...................................	...................................	...................................		...................................
12.	Earthquake				0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
13.1	......................................................Comprehensive (hospital and medical) individual	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
13.2	............................................................Comprehensive (hospital and medical) group	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
14.	Credit accident and health (group and individual)				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
15.1	Vision only	...................................	...................................	...................................	0	...................................	...................................	...................................	(a)	0	...................................
15.2	Dental only	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
15.3	Disability income	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
15.4	Medicare supplement	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
15.5	Medicaid Title XIX	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
15.6	Medicare Title XVIII	...................................	...................................	...................................	0	...................................	...................................	...................................	(a)	0	...................................
15.7	Long-term care	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
15.8	....................................................................Federal employees health benefits plan	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
15.9	Other health	...................................	...................................	...................................	..................................0	...................................	...................................	...................................	(a)	0	...................................
16.	Workers' compensation				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
17.1	Other liability - occurrence									..................................	0
...................................	...................................	...................................	0	...................................	...................................	...................................		...................................
17.2	Other liability - claims-made				0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
17.3	Excess workers' compensation										..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
18.1	Products liability - occurrence									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
18.2	Products liability - claims-made					..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
19.1	Private passenger auto no-fault (personal injury protection)									..................................	0
...................................	...................................	...................................	0	...................................	...................................	...................................		...................................
19.2	Other private passenger auto liability				0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
19.3	Commercial auto no-fault (personal injury protection)									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
19.4	Other commercial auto liability									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
21.1	Private passenger auto physical damage				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
21.2	Commercial auto physical damage									..................................	0
...................................	...................................	...................................	0	...................................	...................................	...................................		...................................
22.	Aircraft (all perils)				0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
23.	Fidelity									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
24.	Surety									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
26.	Burglary and theft				..................................0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
27.	Boiler and machinery									..................................	0
...................................	...................................	...................................	0	...................................	...................................	...................................		...................................
28.	Credit				0					..................................	0
...................................	...................................	...................................	...................................	...................................	...................................		...................................
29.	International									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
30.	Warranty									..................................	0
...................................	...................................	...................................	..................................0	...................................	...................................	...................................		...................................
31.	Reinsurance - nonproportional assumed property	...............XXX			..................................0	...............XXX				..................................	0
...................................	...................................	...................................	...................................		...................................
32.	Reinsurance - nonproportional assumed liability	...............XXX				...............XXX				..................................	0
...................................	...................................	..................................0	...................................	...................................		...................................
33.	Reinsurance - nonproportional assumed financial lines	...............XXX			..................................0	...............XXX				..................................	0
...................................	...................................	...................................	...................................		...................................
34.	Aggregate write-ins for other lines of business	0	0	0	0	0	0		0		0	0
35.	TOTALS		226,121,333	0	90,573,516	135,547,817	16,959,000	0		6,792,000		145,714,817	1,458,606
	DETAILS OF WRITE-INS
3401	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
3402	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
3403	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
3498.	Summary of remaining write-ins for Line 34 from overflow page	..................................0	0	0	0	0	0	..................................	0	..................................	0	0

3499.	Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)	0	0	0	0	0	0		0		0	0
(a) Including $	for present value of life indemnity claims reported in Lines 13 and 15.

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Essent Group Ltd. published this content on 05 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2024 19:40:29 UTC.

Latest news about Essent Group Ltd.

Keefe Buyette & Woods Raises Essent Group's Price Target to $64 From $62, Maintains Market Perform Rating	Apr. 04	MT
JPMorgan Downgrades Essent Group to Neutral From Overweight, Lifts Price Target to $61 From $58	Apr. 03	MT
Tranche Update on Essent Group Ltd.'s Equity Buyback Plan announced on November 2, 2023.	Feb. 16	CI
Tranche Update on Essent Group Ltd.'s Equity Buyback Plan announced on May 6, 2022.	Feb. 16	CI
RBC Raises PT on Essent Group to $58 From $56, Notes Continued Benefits From High Credit Quality, Low Defaults; Outperform Kept	Feb. 12	MT
Transcript : Essent Group Ltd., Q4 2023 Earnings Call, Feb 09, 2024	Feb. 09
Sector Update: Financial Stocks Edge Higher Premarket Friday	Feb. 09	MT
Sector Update: Financial	Feb. 09	MT
Futures Rebound Pre-Bell Ahead of Earnings, Next Week's Key Inflation Reports; Asia, Europe Gain	Feb. 09	MT
Essent Group's Q4 Earnings, Revenue Increase; Raises Quarterly Dividend	Feb. 09	MT
Earnings Flash (ESNT) ESSENT GROUP Reports Q4 Revenue $297.3M, vs. Street Est of $286.7M	Feb. 09	MT
Essent Group Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 09	CI
Essent Group Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 09	CI
Essent Group Ltd Declares Quarterly Cash Dividend, Payable on March 22, 2024	Feb. 09	CI
Essent Group Insider Sold Shares Worth $275,000, According to a Recent SEC Filing	Jan. 22	MT
Essent Group Insider Sold Shares Worth $711,521, According to a Recent SEC Filing	Jan. 22	MT
Essent Group Ltd.'s Equity Buyback announced on May 6, 2022, has expired with 1,433,626 shares, representing 1.33% for $60.88 million.	Dec. 30	CI
Essent Group Insider Sold Shares Worth $435,713, According to a Recent SEC Filing	Dec. 15	MT
UBS Initiates Coverage on Essent Group With Neutral Rating, $54 Price Target	Dec. 06	MT
Tranche Update on Essent Group Ltd.'s Equity Buyback Plan announced on May 6, 2022.	Nov. 07	CI
Essent Group's Shares Slip After Reporting Flat Q3 Earnings	Nov. 02	MT
Transcript : Essent Group Ltd., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
Earnings Flash (ESNT) ESSENT GROUP Posts Q3 Revenue $296.1M, vs. Street Est of $265.6M	Nov. 02	MT
Essent Group Ltd. announces an Equity Buyback for $250 million worth of its shares.	Nov. 02	CI
Essent Group Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI

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Company Profile

Essent Group Ltd. is a holding company. The Company, through its wholly owned subsidiaries, offers private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers, and investors to support homeownership. In addition to offering mortgage insurance, it provides contract underwriting services on a limited basis through CUW Solutions, LLC. It also offers mortgage-related insurance and reinsurance through its Bermuda-based subsidiary, Essent Reinsurance Ltd. It provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners. Its products and services include mortgage insurance, contract underwriting, and Bermuda-Based insurance and reinsurance. It offers two types of private mortgage insurance, namely primary and pool. Its subsidiaries also include Agents National Title Holding Company and Boston National Holdings LLC.

Sector

Property & Casualty Insurance

Calendar

2024-05-01 - Annual General Meeting

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Russell 2000

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Ratings for Essent Group Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

53.98 USD

Average target price

61.6 USD

Spread / Average Target

+14.12%

Consensus

EPS Revisions

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Essent Group Ltd.

Equities

ESNT

BMG3198U1027

Property & Casualty Insurance

Essent : Guaranty Q4 2023

EPS Revisions