secwatch.observer — SEC 8-K summary
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Issuer:     Enact Holdings, Inc. (ACT)
CIK:        0001823529
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001823529-22-000083
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enact Q1 net income $165M ($1.01 EPS); initiates $0.14 quarterly dividend
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- GAAP net income $165M, $1.01 diluted EPS; adjusted operating income $165M, $1.01 diluted EPS.
- Record primary insurance-in-force of $232B, up 10% YoY; NIW $19B, down 25% YoY.
- Losses incurred of -$10M (favorable reserve development); loss ratio -4% vs 22% in 1Q21.
- PMIERs sufficiency 176% ($2.26B above requirements); book value per share $24.86.
- Inaugural quarterly dividend of $0.14/share payable May 26, 2022 to holders of record May 9, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823529/000182352922000083/0001823529-22-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823529/000182352922000083/act-20220503.htm
  HTML page:      https://secwatch.observer/filing/0001823529-22-000083

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