secwatch.observer — SEC 8-K summary
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Issuer:     Essent Group Ltd. (ESNT)
CIK:        0001448893
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001448893-24-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essent Q1 net income $181.7M ($1.70 EPS) up 6% YoY; declares $0.28 quarterly dividend
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- Diluted EPS of $1.70 vs $1.59 in Q1 2023; net income $181.7M up from $170.8M.
- New insurance written $8.3B, down from $12.9B YoY; insurance in force $238.5B.
- Net investment income $52.1M, up 20% YoY; entered 15% quota share reinsurance for 2024.
- Quarterly dividend $0.28 per share, payable June 10, 2024 to holders of record May 31.
- S&P raised Essent Guaranty/Reinsurance to 'A-' from 'BBB+'; Moody's affirmed A3 with positive outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1448893/000144889324000034/0001448893-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1448893/000144889324000034/esnt-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001448893-24-000034

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