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Dec 31, 2021
Enact Q4 2021 Earnings Report
Announced financial results for the fourth quarter and full year of 2021.
Key Takeaways
Enact reported an excellent fourth quarter driven by strong execution of their strategies, the benefits of their competitive position, and supportive industry fundamentals. With over $21 billion of new insurance written, record insurance-in-force, and favorable loss performance.
Net income for the fourth quarter of 2021 was $154 million, or $0.94 per diluted share.
Adjusted net operating income for the fourth quarter of 2021 was $154 million, or $0.94 per diluted share.
New insurance written (NIW) was $21.4 billion.
Persistency for the fourth quarter of 2021 was 69%.
Revenue by Segment
Forward Guidance
Looking ahead, market dynamics for our business remain favorable, and we are well positioned to build on our success. Our experienced team, differentiated solutions, strong relationships and approach to risk management and efficiency provide a strong foundation for continued growth and value creation for all of our stakeholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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