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Essent Group ESNT Reserve for insurance claims

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Other financials

Income statement

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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

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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

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Net margin51.5%-4.9pp
FCF margin62.4%-5.8pp

Returns & leverage

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Return on equity12%-0.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Essent Group in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.

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)June 30, 2026December 31, 2025
Total assets$7,591,882$7,441,003
Liabilities and Stockholders’ Equity
Liabilities
Reserve for losses and LAE$518,799$446,822
Unearned premium reserve256,82791,730
Net deferred tax liability449,738465,351
Senior Notes due 2029, net495,972495,301
Other liabilities207,145185,072

Item 1. Financial Statements (Unaudited)

FAQ

What is Essent Group's reserve for insurance claims?
Essent Group (ESNT) reported reserve for insurance claims of $518.8M in Q2 2026.
How has Essent Group's reserve for insurance claims changed year-over-year?
Essent Group's reserve for insurance claims increased by 42.2% year-over-year, from $364.75M to $518.8M.
What is the long-term trend for Essent Group's reserve for insurance claims?
Over 5 years (2020 to 2025), Essent Group's reserve for insurance claims has grown at a 3.6% compound annual growth rate (CAGR), from $374.94M to $446.82M.
What does reserve for insurance claims mean?
This liability represents the estimated total cost of all insurance claims that have been reported but not yet settled, as well as claims that have been incurred but not yet reported. It is a fundamental measure of an insurer's future obligations and the adequacy of its underwriting risk assessment.

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