secwatch.observer — SEC 8-K summary
======================================

Issuer:     Enact Holdings, Inc. (ACT)
CIK:        0001823529
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001823529-22-000160
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enact Q2 GAAP net income $205M, EPS $1.25; ROE 20.1%
----------------------------------------------------

- Net income $205M ($1.25 diluted EPS) vs $165M ($1.01) Q1 and $131M ($0.80) Q2 2021.
- Record insurance-in-force $238B (+9% YoY); NIW $17B (-35% YoY) on higher rates.
- Loss ratio (26)%; $96M reserve release from favorable cure performance on COVID delinquencies.
- Moody's upgraded Enact Mortgage IFSR to Baa1 from Baa2; entered $200M revolver on June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823529/000182352922000160/0001823529-22-000160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823529/000182352922000160/act-20220801.htm
  HTML page:      https://secwatch.observer/filing/0001823529-22-000160

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer