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Sep 30, 2024
Enact Q3 2024 Earnings Report
Enact reported strong results driven by effective strategies and careful management.
Key Takeaways
Enact Holdings reported a net income of $181 million, or $1.15 per diluted share, and an adjusted operating income of $182 million, or $1.16 per diluted share. The company's insurance-in-force reached a new peak, and strong bottom-line performance fueled the ability to deliver for policyholders, invest in the business, and return capital to shareholders.
Net income was $181 million, or $1.15 per diluted share.
Adjusted operating income was $182 million, or $1.16 per diluted share.
New insurance written (NIW) was approximately $14 billion.
Primary insurance in-force was a record $268 billion.
Enact
Enact
Enact Revenue by Segment
Revenue by Segment
Net Premiums Earned Revenue
CapyFin.comNet Investment Income Revenue
CapyFin.comNet Investment Gains (Losses) Revenue
CapyFin.comOther Income Revenue
CapyFin.com Forward Guidance
Enact anticipates full year capital return at the higher end of its previously announced range of between $300 and $350 million, the final amount and form of capital returned to shareholders will ultimately depend on business performance, market conditions, and regulatory approvals.
Revenue & Expenses
Visualization of income flow from segment revenue to net income