secwatch.observer — SEC 8-K summary
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Issuer:     Essent Group Ltd. (ESNT)
CIK:        0001448893
Form:       8-K
Filed at:   2022-05-06T23:59:59+00:00
Accession:  0001448893-22-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essent Q1 net income $274.2M ($2.52 EPS); increases dividend to $0.21, authorizes $250M buyback
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- Net income $274.2M ($2.52 diluted EPS) vs $135.6M ($1.21) in Q1 2021.
- Quarterly dividend increased to $0.21 per share, payable June 10 to holders of record June 1.
- Board authorized $250M share repurchase plan through Dec 31, 2023.
- Provision for losses benefit $106.9M including $101.2M from COVID-19 assumption change.
- Insurance in force $206.8B, new insurance written $12.8B, default rate 1.93%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1448893/000144889322000045/0001448893-22-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1448893/000144889322000045/esnt-20220506.htm
  HTML page:      https://secwatch.observer/filing/0001448893-22-000045

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