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

Issuer:     Enact Holdings, Inc. (ACT)
CIK:        0001823529
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001823529-25-000225
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enact Holdings Q3 net income $163M ($1.10/sh), raises 2025 capital return target to ~$500M
--------------------------------------------------------------------------------

- GAAP net income $163M ($1.10/sh) vs $181M ($1.15/sh) YoY; adjusted operating income $166M ($1.12/sh).
- Primary IIF $272B (+2% YoY); PMIERs sufficiency 162% (~$1.9B above requirements).
- 2025 capital return guidance raised to ~$500M; quarterly dividend $0.21/sh payable Dec 11.
- Repurchased 2.8M shares at avg $37.23 in Q3; new $435M revolver replaced $200M facility.
- Loss ratio 15% (vs 5% YoY); net premiums earned flat at $245M; Moody's/A.M. Best upgrades.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823529/000182352925000225/0001823529-25-000225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823529/000182352925000225/act-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001823529-25-000225

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