Reinsurance News

Enact

Enact gets $170m of additional XOL reinsurance for 2027 book year

31st October 2025

Enact Mortgage Insurance Corporation, the flagship legal entity of private mortgage insurance firm, Enact Holdings, Inc., has secured roughly $170 million of additional excess of loss (XOL) reinsurance as part of its diversified credit risk transfer (CRT) programme. The announcement explains that this forward XOL reinsurance arrangement covers a portion of ... Read the full article

Enact enters into 34% quota share reinsurance agreement

26th September 2025

Enact Mortgage Insurance Corporation, the flagship legal entity of mortgage insurer Enact Holdings, Inc., has entered into a quota share reinsurance agreement with a broad panel of highly rated reinsurers, subject to certain conditions. Under the agreement, Enact will cede approximately 34% of a portion of expected new insurance written for ... Read the full article

Enact Re appoints Marty Scherzer as CEO

17th February 2025

Enact Re, part of Enact Mortgage Insurance Corporation, the flagship legal entity of mortgage insurer Enact Holdings, Inc., has appointed Marty Scherzer as its new Chief Executive Officer (CEO), based in New York, effective immediately. Scherzer is an industry veteran who started his career at Johnson & Higgins as a consultant. ... Read the full article

Enact secures additional XOL reinsurance coverage for 25/26 book years

28th January 2025

Enact has revealed that its flagship legal entity, Enact Mortgage Insurance Corporation, has secured approximately $225 million and $260 million of additional excess of loss (XOL) reinsurance coverage. These credit risk transfer (CRT) transactions cover a portion of the expected new insurance written for the 2025 book year (policies written from ... Read the full article

Mortgage insurer Enact enters into two quota share reinsurance agreements

4th December 2024

Enact Mortgage Insurance Corporation, the flagship legal entity of mortgage insurer Enact Holdings, Inc., has entered into two quota share reinsurance agreements with a broad panel of highly rated reinsurers, subject to certain conditions. Under these agreements, Enact will cede approximately 27% of a portion of expected new insurance written from ... Read the full article

S&P assigns Enact Re A- rating as strong performance continues

22nd August 2024

Enact Re, a subsidiary of Enact Mortgage Insurance Company (EMICO), has received an A- rating from S&P Global Ratings, with a stable outlook. This is the first rating assigned to Enact Re by S&P and the second rating since its launch, which underscores continued strong performance, Enact stated. Rohit Gupta, Enact’s President ... Read the full article