Enact Q3 2026 net income falls 9% quarter-on-quarter to $159 million
Bitget2026/11/04 21:58- Enact Holdings’ third-quarter 2026 net income fell 9% from the prior quarter to $159 million.
- Net premiums earned slipped quarter over quarter to $242 million, while losses incurred rose 42% to $47 million.
- New insurance written declined 7% sequentially to $14.1 billion, primarily due to lower refinance activity.
- Quarterly capital returns totaled $151 million; expected 2026 shareholder distributions now stand at approximately $600 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nikkei Average Index gains expand to 2.78%
Surprise! Japan intervened in the forex market three times this summer, selling a record 154 trillion yen in three days
Japan has confirmed that it intervened in the foreign exchange market three times this summer, buying yen to support the exchange rate, corroborating earlier market reports. This included the first joint intervention with the United States to support the yen in nearly thirty years.
UBS CEO warns: A Democratic sweep could slow down AI capacity building, valuation concerns are "very important"
UBS CEO Ermotti stated that the U.S. midterm elections may slow down AI capacity building and that the valuations are questionable; he also warned of persistent inflation and the risk of contagion in the European bond market.
Nikkei 225 Rises 1.6% During Trading, Reaching 58,860.59 Points
Crypto prices
More
