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Enact Holdings, Inc. ACT Liability for Unpaid Claims and Claims Adjustment Expense, Net

Discontinued — last reported Q3 '23

Liability for Unpaid Claims and Claims Adjustment Expense, Net at other companies

Fidelity National Financial logo
Fidelity National FinancialFNF
$1.7B+0.5%
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Reinsurance Group of AmericaRGA
$3.05B+6.3%
Arch Capital Group logo
Arch Capital GroupACGL
ESN
Essent GroupESNT
Assurant logo
AssurantAIZ

Segments

By product

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Domestic mortgage insurance$579.56M+8.4%

Other financials

Income statement

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Revenue$312.1M+1.7%
Net income$167.8M+1.2%
EPS (diluted)$1.18+9.3%

Balance sheet

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Cash & equivalents$549.0M-13.6%
Total debt$744.9M+0.2%
Total equity$5.3B+4.4%
Total assets$7.0B+3.6%

Cash flow

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Operating cash flow$224.0M-1.2%

Valuation

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Market cap$5.92B+9.5%

Profitability

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Net margin54.5%-2.4pp

Returns & leverage

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Return on equity12.9%-1.2pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Enact Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet.

The official record: Enact Holdings, Inc.’s 10-Q, filed November 2, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enact Holdings, Inc.'s liability for unpaid claims and claims adjustment expense, net?
Enact Holdings, Inc. (ACT) reported liability for unpaid claims and claims adjustment expense, net of $500.01M in Q3 2023.
How has Enact Holdings, Inc.'s liability for unpaid claims and claims adjustment expense, net changed year-over-year?
Enact Holdings, Inc.'s liability for unpaid claims and claims adjustment expense, net decreased by 1.9% year-over-year, from $509.57M to $500.01M.
What is the long-term trend for Enact Holdings, Inc.'s liability for unpaid claims and claims adjustment expense, net?
Over 2 years (2020 to 2022), Enact Holdings, Inc.'s liability for unpaid claims and claims adjustment expense, net has grown at a -3.4% compound annual growth rate (CAGR), from $555.03M to $518.33M.