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Dec 31, 2022
Enact Q4 2022 Earnings Report
Announced fourth quarter 2022 financial results, demonstrating a strong year-end performance.
Key Takeaways
Enact Holdings reported a net income of $144 million for the fourth quarter of 2022, with an adjusted operating income of $147 million. The company's Primary Insurance-In-Force reached a record $248 billion, and the persistency rate increased to 86%.
Net income was $144 million, or $0.88 per diluted share.
Adjusted operating income was $147 million, or $0.90 per diluted share.
New insurance written (NIW) was $15 billion.
Primary Insurance-In-Force was $248 billion, up 10% year-over-year.
Revenue by Segment
Forward Guidance
Enact believes they are well positioned to navigate the current environment with a resilient portfolio, a strong balance sheet, and significant credit risk protection.
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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