secwatch.observer — SEC 8-K summary
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Issuer:     Essent Group Ltd. (ESNT)
CIK:        0001448893
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001448893-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essent Group Q4 net income $147.4M ($1.37 EPS); dividend raised to $0.25; acquires title ops for $100M
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- Q4 net income $147.4M ($1.37 diluted EPS) vs $181.0M ($1.64) in Q4 2021; full year 2022 net income $831.4M ($7.72) vs $681.8M ($6.11) in 2021.
- New insurance written in Q4 2022 $13.0B, down from $17.1B in Q3 2022 and $16.4B in Q4 2021.
- Combined ratio for Q4 2022 was 24.6%, up from 22.3% in Q3 2022 and 17.4% in Q4 2021.
- Board increased quarterly cash dividend to $0.25 per share, payable March 20, 2023 to holders of record March 10, 2023.
- Essent US Holdings agreed to acquire title insurance operations from Finance of America Companies for $100 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1448893/000144889323000010/0001448893-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1448893/000144889323000010/esnt-20230210.htm
  HTML page:      https://secwatch.observer/filing/0001448893-23-000010

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