(MENAFN- GlobeNewsWire - Nasdaq) Secures approximately $170 million of excess of loss reinsurance coverage from a panel of third-party reinsurance providers

RALEIGH, N.C., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has secured approximately $170 million of additional excess of loss (XOL) reinsurance coverage. This credit risk transfer (CRT) transaction covers a portion of expected new insurance written for the 2027 book year (policies written from January 1, 2027 through December 31, 2027), and is effective January 1, 2027. Reinsurance coverage is provided by a panel of reinsurers each currently rated“A-” or better by Standard & Poor's (“S&P”) or A.M. Best Company, Inc., or rated“A3” or better by Moody's.

“Today's transaction reflects the continued successful execution of our CRT strategy,” said Rohit Gupta, President and CEO of Enact.“We remain committed to our disciplined approach to risk management and to continuing to deliver value for all our stakeholders.”

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