secwatch.observer — SEC 8-K summary
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Issuer:     Enact Holdings, Inc. (ACT)
CIK:        0001823529
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001823529-25-000184
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enact Q2 net income $168M ($1.11 EPS); raises 2025 capital return guidance to ~$400M
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- GAAP net income $168M ($1.11 diluted EPS) vs $184M ($1.16) a year ago; adjusted operating income $174M ($1.15).
- NIW $13B, up 35% QoQ but down modestly YoY; primary IIF $270B (+1% YoY); persistency 82%.
- Loss ratio 10% with $48M reserve release; expense ratio 22%; net investment income $66M.
- Repurchased 2.4M shares for ~$85M in Q2; remaining $262M under $350M authorization.
- Board declared $0.21/share dividend payable Sept 8; full-year 2025 capital return guidance raised to ~$400M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823529/000182352925000184/0001823529-25-000184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823529/000182352925000184/act-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001823529-25-000184

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