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Essent Group ESNT Reinsurance, Ceded Premiums Earned, Ceding Commission

Discontinued — last reported Q4 '25

Reinsurance, Ceded Premiums Earned, Ceding Commission at other companies

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Segments

By segment

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Reinsurance-$1.41M

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 esnt:ReinsuranceCededPremiumsEarnedCedingCommission.

The source filing: Essent Group’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 5:29 PM EST
Fiscal year
FY2025
Accession
0001448893-26-000009
(In thousands)Mortgage InsuranceReinsuranceTotal Reportable SegmentsCorporate & OtherConsolidated
Provision for losses and LAE145,373310145,6833,654149,337
Compensation and benefits64,3924,54768,93961,011129,950
Premium and other taxes23,5965223,6482,18125,829
Ceding commission(28,669)1,410(27,259)(27,259)
Other underwriting and operating expenses42,5704,13646,70681,814128,520
Net operating expenses before allocations101,88910,145112,034145,006257,040
Corporate expense allocations38,0771,49139,568(39,568)
Operating expenses after allocations139,96611,636151,602105,438257,040

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Essent Group's reinsurance, ceded premiums earned, ceding commission?
Essent Group (ESNT) reported reinsurance, ceded premiums earned, ceding commission of $6.95M in Q4 2025.
How has Essent Group's reinsurance, ceded premiums earned, ceding commission changed year-over-year?
Essent Group's reinsurance, ceded premiums earned, ceding commission increased by 6.1% year-over-year, from $6.55M to $6.95M.
What is the long-term trend for Essent Group's reinsurance, ceded premiums earned, ceding commission?
Over 3 years (2022 to 2025), Essent Group's reinsurance, ceded premiums earned, ceding commission has grown at a 15.9% compound annual growth rate (CAGR), from $17.52M to $27.26M.
What does reinsurance, ceded premiums earned, ceding commission mean?
This metric represents the fees or commissions earned by the primary insurer from a reinsurer as compensation for the administrative costs of placing business. It acts as a contra-expense that offsets the cost of ceding risk to third-party reinsurers.

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