How has Essent Group's reinsurance — provision for losses and LAE changed year-over-year?

Essent Group's reinsurance — provision for losses and LAE increased by 51908.3% year-over-year, from $36K to $18.72M.

What does reinsurance — provision for losses and LAE mean?

The estimated expense set aside to cover expected claims and the associated costs of investigating and settling those claims within the reinsurance segment. A higher provision indicates an increase in expected risk or actual claim activity, directly impacting underwriting margins.

Essent Group (ESNT) Reinsurance — Provision for losses and LAE

Screener

Other segment segments

Mortgage Insurance

$29.39M+91.8%

Similar metrics at other companies

KMPRSpecialty Property & Casualty Insurance — Total Incurred Losses and LAE

$748M-0.2%

HIGGroup Insurance Policy — Total provision for unpaid losses and loss adjustment expenses

$1.34B+12.6%

KMPRProperty, Liability and Casualty Insurance Product Line — Total Incurred Losses and LAE

$750.4M-0.9%

HIGProperty, Liability and Casualty Insurance Product Line — Total provision for unpaid losses and loss adjustment expenses

$2.79B+8.8%

HGTYInsurance — Losses and loss adjustment expenses, net

$110.71M+47.2%

WTMP&C Insurance and Reinsurance (Ark/WM Outrigger) — Loss and loss adjustment expenses

$175.6M+7.1%

Other financials

Income statement

See full

Revenue$362.7M+13.6%

Operating income$63.8M—

Net income$189.7M-2.9%

EPS (diluted)$2.08+7.8%

Balance sheet

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Cash & equivalents$74.3M-19.3%

Total debt$36.6M+1.2%

Total equity$5.7B-0.2%

Total assets$7.6B+5.1%

Cash flow

See full

Operating cash flow$197.1M+4.0%

CapEx$972.0K+31.0%

Free cash flow$196.1M+3.9%

Valuation

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Market cap$6.04B+2.9%

P/E8.9×+0.7×

P/S4.6×-0.1×

Profitability

See full

Net margin51.5%-4.9pp

FCF margin62.4%-5.8pp

Returns & leverage

See full

Return on equity12%-0.9pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Essent Group in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

The source filing: Essent Group’s 10-Q, filed August 7, 2026.

Filed: Aug 7, 2026, 4:37 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001448893-26-000024

(In thousands, except per share amounts)	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Other income	5,036	6,708	11,728	12,981
Total revenues	362,686	319,143	698,758	636,701
Losses and expenses:
Provision for losses and LAE	48,961	17,055	97,177	48,342
Other underwriting and operating expenses	75,258	62,765	148,241	133,889
Interest expense	8,148	8,148	16,296	16,296
Total losses and expenses	132,367	87,968	261,714	198,527
Income before income taxes	230,319	231,175	437,044	438,174

Item 1. Financial Statements (Unaudited)

FAQ

What is Essent Group's reinsurance — provision for losses and LAE?: Essent Group (ESNT) reported reinsurance — provision for losses and LAE of $18.72M in Q2 2026.
How has Essent Group's reinsurance — provision for losses and LAE changed year-over-year?: Essent Group's reinsurance — provision for losses and LAE increased by 51908.3% year-over-year, from $36K to $18.72M.
What does reinsurance — provision for losses and LAE mean?: The estimated expense set aside to cover expected claims and the associated costs of investigating and settling those claims within the reinsurance segment. A higher provision indicates an increase in expected risk or actual claim activity, directly impacting underwriting margins.