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Essent Group ESNT Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims

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

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SiriusPointSPNT
$358.2M-3.9%
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Axis Capital HoldersAXS
$933.13M+16.4%

Segments

By segment

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Mortgage Insurance$29.39M+91.8%
Reinsurance$18.72M

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: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, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other income5,0366,70811,72812,981
Total revenues362,686319,143698,758636,701
Losses and expenses:
Provision for losses and LAE48,96117,05597,17748,342
Other underwriting and operating expenses75,25862,765148,241133,889
Interest expense8,1488,14816,29616,296
Total losses and expenses132,36787,968261,714198,527
Income before income taxes230,319231,175437,044438,174

Item 1. Financial Statements (Unaudited)

FAQ

What is Essent Group's liability for unpaid claims and claims adjustment expense, incurred claims?
Essent Group (ESNT) reported liability for unpaid claims and claims adjustment expense, incurred claims of $48.96M in Q2 2026.
How has Essent Group's liability for unpaid claims and claims adjustment expense, incurred claims changed year-over-year?
Essent Group's liability for unpaid claims and claims adjustment expense, incurred claims increased by 187.1% year-over-year, from $17.06M to $48.96M.
What is the long-term trend for Essent Group's liability for unpaid claims and claims adjustment expense, incurred claims?
Over 3 years (2022 to 2025), Essent Group's liability for unpaid claims and claims adjustment expense, incurred claims has grown at a -5.8% compound annual growth rate (CAGR), from -$178.81M to $149.34M.
What does liability for unpaid claims and claims adjustment expense, incurred claims mean?
The total estimated cost of claims that have been incurred but not yet paid, including both reported claims and those incurred but not reported. This metric is critical for assessing the adequacy of reserves and the company's long-term underwriting risk.

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