secwatch.observer — SEC 8-K summary
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Issuer:     Enact Holdings, Inc. (ACT)
CIK:        0001823529
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001823529-23-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enact Q4 net income $144M ($0.88/diluted); record insurance-in-force $248B; returned $250M capital in 2022
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- Q4 GAAP net income $144M ($0.88 diluted EPS); full year $704M ($4.31); adjusted operating income $147M ($0.90).
- Primary insurance-in-force record $248B (+10% YoY); persistency 86% vs 69% a year ago.
- PMIERs sufficiency 165% ($2,050M above requirement); $75M share repurchase authorized, $8M executed through Jan 31.
- New insurance written $15B, down 29% YoY due to higher mortgage rates; loss ratio 8% vs 3% a year ago.
- Returned over $250M capital to shareholders in 2022, including special dividend of $1.12/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823529/000182352923000007/0001823529-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823529/000182352923000007/act-20230206.htm
  HTML page:      https://secwatch.observer/filing/0001823529-23-000007

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