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Dec 31, 2023
Enact Q4 2023 Earnings Report
Enact reported a strong Q4 2023, driven by record insurance in-force and expense discipline.
Key Takeaways
Enact Holdings reported a net income of $157 million, or $0.98 per diluted share, and an adjusted operating income of $158 million, or $0.98 per diluted share, for the fourth quarter of 2023. The company ended the year with record insurance in-force and returned over $300 million of capital to shareholders in 2023.
Net income was $157 million, or $0.98 per diluted share.
Adjusted operating income was $158 million, or $0.98 per diluted share.
New insurance written (NIW) was $10 billion.
Primary insurance in-force was a record $263 billion, up 6% from the prior year.
Enact
Enact
Forward Guidance
Enact is well positioned to continue to deliver responsible insurance in-force growth, invest in our platform, support our policyholders, and continue generating value for our shareholders.