Essent Group Ltd.: Q2 FY2026 earnings call

What management said about Q2 FY2026, from the documents filed with the SEC on 7 August 2026: press release. The quarter’s numbers.

Key takeaways

Net income and diluted EPS: Net income was $189.7 million, compared with $195.3 million a year earlier. Diluted EPS was $2.08, against $1.93. Weighted average diluted shares were 91.4 million, against 101.1 million. Source
Provision for losses and LAE rose: Provision for losses and LAE was $49.0 million, against $17.1 million a year earlier and $48.2 million in the first quarter of 2026. Source
New insurance written rose: New insurance written was $14.1 billion in the quarter, up from $11.1 billion in the first quarter and $12.5 billion a year earlier. Source
Severity rose to 85%: Severity was 85% in the quarter, against 67% a year earlier and 84% in the first quarter of 2026. Source
Share buybacks year to date: Through July 31, 2026, the company had repurchased 5.8 million common shares for $348 million in the year to date. Source

“We are pleased with our second quarter 2026 financial results, which reflect strong profitability, continued growth in book value per share and the resilience of our operating model,”
Mark A. Casale, Chairman and Chief Executive Officer

What changed from last quarter

New: Starting in the quarter ended June 30, 2026, a de minimis amount of new insurance written was submitted with a VantageScore credit score rather than a FICO score. Source

Results and growth drivers

Net income and diluted EPS: Net income was $189.7 million, compared with $195.3 million a year earlier. Diluted EPS was $2.08, against $1.93. Weighted average diluted shares were 91.4 million, against 101.1 million. Source
Pre-tax income slightly lower: Income before income taxes was $230.3 million, against $231.2 million in the second quarter of 2025. The six-month figure was $437.0 million. Source
Other invested assets income rose: Income from other invested assets was $19.4 million, against $4.5 million a year earlier. The six-month figure was $29.6 million. Source

Segments and regions

Mortgage Insurance pre-tax income: Mortgage Insurance pre-tax income was $212.6 million, against $220.1 million in the second quarter of 2025 and $190.1 million in the first quarter of 2026. Source
Reinsurance premiums earned rose: Reinsurance net premiums earned were $43.6 million, up from $29.3 million in the first quarter and $13.9 million a year earlier. Source
Corporate & Other pre-tax result: Corporate & Other, which includes title insurance and holding company treasury, had pre-tax income of $0.6 million, against a loss of $7.3 million a year earlier. Source

“The consistent cash flow generation of our mortgage insurance business, combined with our strong capital position, allows us to take a balanced approach to capital management and to continue creating long-term value for our shareholders.”
Mark A. Casale, Chairman and Chief Executive Officer

Products, borrowers and geography

Credit scores of new business: Weighted average credit score on new insurance written was 751 in the quarter, against 753 a year earlier. The six-month figure was 754. Source
Refinance share of new business rose: Refinance loans were 12.6% of new insurance written in the quarter, against 7.4% a year earlier. Purchase loans were 87.4% of the quarter's volume. Source
Concentration in three states: Florida, California and Texas made up 35.5% of insurance in force at June 30, 2026, at 12.1%, 11.9% and 11.5% respectively. Source

Costs, margins and pricing

Provision for losses and LAE rose: Provision for losses and LAE was $49.0 million, against $17.1 million a year earlier and $48.2 million in the first quarter of 2026. Source
Mortgage loss ratio increased: The Mortgage Insurance loss ratio was 13.6% in the quarter, against 7.0% a year earlier and 17.4% in the first quarter of 2026. Source
Other operating expenses rose: Other underwriting and operating expenses were $75.3 million, up from $62.8 million a year earlier. The six-month figure was $148.2 million. Source
Discrete tax expense recorded: The release lists discrete tax expense of $3,954 thousand in the quarter, associated with realized and unrealized gains, against $1,112 thousand a year earlier. Source
Mortgage expense ratio: The Mortgage Insurance expense ratio was 14.8% in the quarter, against 15.3% in the second quarter of 2025. Source

Demand and the order book

New insurance written rose: New insurance written was $14.1 billion in the quarter, up from $11.1 billion in the first quarter and $12.5 billion a year earlier. Source
Insurance in force increased: Insurance in force was $249.7 billion at June 30, 2026, against $247.9 billion at March 31 and $246.8 billion a year earlier. Source
Annual persistency declined: Annual persistency was 84.0%, against 84.7% in the first quarter and 85.8% a year earlier. Source

Credit performance and reserves

Cure rate lower on recent defaults: The cure rate was 23% for the quarter, against 65% in the first quarter and 87% a year earlier. Source
Severity rose to 85%: Severity was 85% in the quarter, against 67% a year earlier and 84% in the first quarter of 2026. Source
Average claim payment increased: The average amount paid per claim was $55 thousand, against $42 thousand a year earlier and $57 thousand in the first quarter of 2026. Source
Loans in default by rate: Loans in default were 20,278, or 2.53% of insurance in force, against 17,255 loans, or 2.12%, in the second quarter of 2025. Source
Reserves for losses and LAE grew: Reserve for losses and LAE was $475.0 million at June 30, against $458.9 million at March 31 and $346.0 million a year earlier. Source
Reserve per default and 3+ month rate: Total reserve per default was $23.4 and the 3+ month default rate was 1.75% at June 30, 2026. Source

Capital, cash and shareholder returns

Share buybacks year to date: Through July 31, 2026, the company had repurchased 5.8 million common shares for $348 million in the year to date. Source
Quarterly dividend of $0.35: The Board declared a quarterly cash dividend of $0.35 per common share, the same amount declared with the first-quarter release. Source
Book value growth including dividends: Book value per share inclusive of common dividends rose 12.9% over the twelve months to June 30, 2026. Source
Holding company cash: Cash and investments available for sale at the holding companies were $1.11 billion at June 30, against $1.14 billion at March 31. Source
PMIERs sufficiency ratio: Essent Guaranty's PMIERs sufficiency ratio was 172%, against 174% at March 31, 2026 and 176% at June 30, 2025. Source
Debt-to-capital ratio: Debt-to-capital was 8.11%, against 8.07% at March 31, 2026 and 8.10% a year earlier. Source

Investments and investment returns

Portfolio yield in the quarter: The pre-tax yield on cash and investments available for sale was 3.99% for the quarter and 3.89% for the six months ended June 30, 2026. Source
Return on other invested assets: Return on other invested assets was 18.85% in the quarter and 14.82% for the six months ended June 30, 2026. Source
First-half investment income: Net investment income for the first half of 2026 was $120.9 million, against $117.5 million a year earlier. Source

Reinsurance and ceded business

Ceded premiums rose slightly: Ceded premiums were $35.1 million, against $33.4 million in the second quarter of 2025. Source
Radnor Re insurance-linked note deals: Radnor Re insurance-linked note deals showed $29.4 billion of remaining risk in force and a $600.3 million reduction in PMIERs minimum required assets. Source

Coming up, as management said on 7 August 2026

Dividend payment date: The $0.35 quarterly dividend is payable September 10, 2026 to shareholders of record on August 31, 2026. Source

Figures management reported

Figure	Reported
Combined ratio, Mortgage Insurance Source	28.4% (three months ended June 30, 2026)
Combined ratio, Reinsurance Source	77.9% (three months ended June 30, 2026)
Net premiums written Source	$307,285 thousand (three months ended June 30, 2026)
Prior-year reserve development Source	$(29,002) thousand (three months ended June 30, 2026)
Investment income Source	$61,612 thousand (three months ended June 30, 2026)
Book value per share Source	$63.01 at June 30, 2026

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

Essent Group Ltd. Announces Second Quarter 2026 Results and Declares Quarterly Dividend

HAMILTON, Bermuda, August 7, 2026--Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended June 30, 2026 of $189.7 million or $2.08 per diluted share, compared to $195.3 million or $1.93 per diluted share for the quarter ended June 30, 2025.

Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share. The dividend is payable on September 10, 2026 to shareholders of record on August 31, 2026.

“We are pleased with our second quarter 2026 financial results, which reflect strong profitability, continued growth in book value per share and the resilience of our operating model,” said Mark A. Casale, Chairman and Chief Executive Officer. “The consistent cash flow generation of our mortgage insurance business, combined with our strong capital position, allows us to take a balanced approach to capital management and to continue creating long-term value for our shareholders.”

Financial Highlights:

Mortgage new insurance written for the second quarter of 2026 was $14.1 billion, compared to $11.1 billion in the first quarter of 2026 and $12.5 billion in the second quarter of 2025.
Mortgage insurance in force as of June 30, 2026 was $249.7 billion, compared to $247.9 billion as of March 31, 2026 and $246.8 billion as of June 30, 2025.
Reinsurance net premiums written for the first half of 2026 were $248.8 million, compared to $30.6 million in the first half of 2025.
Net investment income for the first half of 2026 was $120.9 million, compared to $117.5 million in the first half of 2025.
Year-to-date through July 31, 2026, Essent repurchased 5.8 million common shares for $348 million.

Conference Call:

Essent management will hold a conference call at 10:00 AM Eastern time today to discuss its results. The conference call will be broadcast live over the Internet at http://ir.essentgroup.com/events-and-presentations/events/default.aspx. The call may also be accessed by dialing 888-330-2384 inside the U.S., or 240-789-2701 for international callers, using passcode 9824537 or by referencing Essent.

A replay of the webcast will be available on the Essent website approximately two hours after the live broadcast ends for a period of one year. A replay of the conference call will be available approximately two hours after the call ends for a period of two weeks, using the following dial-in numbers and passcode: 800-770-2030 inside the U.S., or 647-362-9199 for international callers, passcode 9824537.

In addition to the information provided in the Company's earnings news release, other statistical and financial information, which may be referred to during the conference call, will be available on Essent's website at http://ir.essentgroup.com/financials/quarterly-results/default.aspx.

Forward-Looking Statements:

Forward-looking statements notice

This press release may include “forward-looking statements” which are subject to known and unknown risks and uncertainties, many of which may be beyond our control. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," “should,” “expect,” "plan," "anticipate," "believe," “estimate,” “predict,” or "potential" or the negative thereof or variations thereon or similar terminology. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors. Although it is not possible to identify all of these risks and factors, they include, among others, the following: changes in or to Fannie Mae and Freddie Mac (the “GSEs”), whether through Federal legislation, restructurings or a shift in business practices; failure to continue to meet the mortgage insurer eligibility requirements of the GSEs; competition for customers or the loss of a significant customer; lenders or investors seeking alternatives to private mortgage insurance; an increase in the number of loans insured through Federal government mortgage insurance programs; decline in the volume of low down payment mortgage originations; uncertainty of loss reserve estimates; decrease in the length of time our insurance policies are in force; deteriorating economic conditions; and other risks and factors described in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission on February 18, 2026, as subsequently updated through other reports we file with the Securities and Exchange Commission. Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

About the Company:

Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, “Essent”) offering private mortgage insurance, reinsurance, and title insurance and settlement services to serve the housing finance industry. Additional information regarding Essent may be found at www.essentgroup.com.

Source: Essent Group Ltd.

Essent Group Ltd. and Subsidiaries

Financial Results and Supplemental Information (Unaudited)

Quarter Ended June 30, 2026

Exhibit A

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

Exhibit B

Condensed Consolidated Balance Sheets (Unaudited)

Exhibit C

Consolidated Historical Quarterly Data (Unaudited)

Exhibit D

Year to Date Segment Results (Unaudited)

Exhibit E

Historical Quarterly Segment Information (Unaudited)

Exhibit F

Mortgage Insurance - Historical Quarterly Data

Exhibit G

Mortgage Insurance - New Insurance Written

Exhibit H

Mortgage Insurance - Insurance in Force and Risk in Force

Exhibit I

Mortgage Insurance - Vintage Data

Exhibit J

Mortgage Insurance - Outward Reinsurance Vintage Data

Exhibit K

Mortgage Insurance - Geographic Data

Exhibit L

Mortgage Insurance - Rollforward of Defaults and Reserve for Losses and LAE

Exhibit M

Mortgage Insurance - Detail of Reserves by Default Delinquency

Exhibit N

U.S. Mortgage Insurance Company Capital

Exhibit O

Reinsurance

Exhibit P

Cash & Investments

Exhibit Q

Book Value Per Share Inclusive of Common Dividends & Reconciliation of Non-GAAP Financial Measures

							Exhibit A
	Three Months Ended June 30,				Six Months Ended June 30,
Essent Group Ltd. and Subsidiaries
Condensed Consolidated Statements of Comprehensive Income (Unaudited)
(In thousands, except per share amounts)		2026		2025		2026		2025
Revenues:
Gross premiums written	$342,398		$274,872		$773,630		$547,266
Ceded premiums	(35,113)		(33,384)		(71,676)		(67,507)
Net premiums written	307,285		241,488		701,954		479,759
(Increase) decrease in unearned premiums	(30,521)		7,321		(165,097)		14,898
Net premiums earned	276,764		248,809		536,857		494,657
Net investment income	61,612		59,289		120,867		117,499
Realized investment gains (losses), net	(111)		(129)		(258)		(310)
Income from other invested assets	19,385		4,466		29,564		11,874
Other income	5,036		6,708		11,728		12,981
Total revenues	362,686		319,143		698,758		636,701
Losses and expenses:
Provision for losses and LAE	48,961		17,055		97,177		48,342
Other underwriting and operating expenses	75,258		62,765		148,241		133,889
Interest expense	8,148		8,148		16,296		16,296
Total losses and expenses	132,367		87,968		261,714		198,527
Income before income taxes	230,319		231,175		437,044		438,174
Income tax expense	40,605		35,836		75,531		67,402
Net income	$189,714		$195,339		$361,513		$370,772
Earnings per share:
Basic	$2.09		$1.95		$3.92		$3.65
Diluted	2.08		1.93		3.89		3.62
Weighted average shares outstanding:
Basic	90,740		100,037		92,271		101,451
Diluted	91,389		101,059		92,972		102,495
Net income	$189,714		$195,339		$361,513		$370,772
Other comprehensive income:
Unrealized appreciation (depreciation) of investments	(2,726)		16,580		(38,677)		88,318
Comprehensive income	$186,988		$211,919		$322,836		$459,090

			Exhibit B
	June 30,		December 31,
Essent Group Ltd. and Subsidiaries
Condensed Consolidated Balance Sheets (Unaudited)
(In thousands, except per share amounts)		2026		2025
Assets
Investments
Fixed maturities available for sale, at fair value	$5,414,809		$5,455,593
Short-term investments available for sale, at fair value	623,886		648,492
Total investments available for sale	6,038,695		6,104,085
Other invested assets	441,852		382,513
Total investments	6,480,547		6,486,598
Cash	74,333		123,049
Accrued investment income	48,306		47,371
Accounts receivable	169,772		51,267
Deferred policy acquisition costs	68,857		9,547
Property, equipment and software, net	47,753		49,189
Prepaid federal income tax	496,325		513,425
Goodwill and acquired intangible assets, net	77,451		78,153
Other assets	128,538		82,404
Total assets	$7,591,882		$7,441,003
Liabilities and Stockholders' Equity
Liabilities
Reserve for losses and LAE	$518,799		$446,822
Unearned premium reserve	256,827		91,730
Net deferred tax liability	449,738		465,351
Senior notes due 2029, net	495,972		495,301
Other accrued liabilities	207,145		185,072
Total liabilities	1,928,481		1,684,276
Commitments and contingencies
Stockholders' Equity
Common shares, $0.015 par value:
Authorized - 233,333; issued and outstanding - 89,876 shares in 2026 and 95,456 shares in 2025	1,348		1,432
Additional paid-in capital	298,724		649,895
Accumulated other comprehensive loss	(190,662)		(151,985)
Retained earnings	5,553,991		5,257,385
Total stockholders' equity	5,663,401		5,756,727
Total liabilities and stockholders' equity	$7,591,882		$7,441,003
Return on average equity (1)	12.7%		12.1%
(1) The 2026 return on average equity is calculated by dividing annualized year-to-date 2026 net income by average equity. The 2025 return on average equity is calculated by dividing full year 2025 net income by average equity.

					Exhibit C
	2026		2025
	June 30	March 31	December 31	September 30	June 30
Essent Group Ltd. and Subsidiaries
Supplemental Information
Consolidated Historical Quarterly Data (Unaudited)
(In thousands, except per share amounts)
Revenues:
Net premiums earned	$276,764	$260,093	$242,729	$246,332	$248,809
Net investment income	61,612	59,255	59,223	59,795	59,289
Realized investment gains (losses), net	(111)	(147)	(188)	(425)	(129)
Income from other invested assets	19,385	10,179	3,942	1,770	4,466
Other income (1)	5,036	6,692	6,698	4,358	6,708
Total revenues	362,686	336,072	312,404	311,830	319,143
Losses and expenses:
Provision for losses and LAE	48,961	48,216	56,073	44,922	17,055
Other underwriting and operating expenses	75,258	72,983	63,653	59,498	62,765
Interest expense	8,148	8,148	8,149	8,251	8,148
Total losses and expenses	132,367	129,347	127,875	112,671	87,968
Income before income taxes	230,319	206,725	184,529	199,159	231,175
Income tax expense (2)	40,605	34,926	29,547	34,944	35,836
Net income	$189,714	$171,799	$154,982	$164,215	$195,339
Earnings per share:
Basic	$2.09	$1.83	$1.62	$1.69	$1.95
Diluted	2.08	1.82	1.60	1.67	1.93
Weighted average shares outstanding:
Basic	90,740	93,818	95,772	97,400	100,037
Diluted	91,389	94,572	96,664	98,519	101,059
Book value per share	$63.01	$61.20	$60.31	$58.86	$56.98
Return on average equity (annualized)	13.4%	12.0%	10.8%	11.5%	13.8%
Senior debt & credit facility:
Borrowings outstanding	$500,000	$500,000	$500,000	$500,000	$500,000
Undrawn committed capacity	$500,000	$500,000	$500,000	$500,000	$500,000
Weighted average interest rate (end of period)	6.25%	6.25%	6.25%	6.25%	6.25%
Debt-to-capital	8.11%	8.07%	7.99%	8.01%	8.10%
Cash and investments available for sale at the holding companies	$1,108,667	$1,144,112	$1,268,579	$1,038,747	$995,032
(1) Other income includes net favorable (unfavorable) changes in the fair value of embedded derivatives associated with certain of our third-party reinsurance agreements, which for the quarters ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025, and June 30, 2025, were ($323), $37, ($526), ($858) and ($29), respectively.
(2) Income tax expense for the quarters ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025 and June 30, 2025 includes $3,954, $2,407, $366, $493, and $1,112, respectively, of discrete tax expense associated with realized and unrealized gains. Income tax expense for the quarters ended December 31, 2025 and September 30, 2025 also include ($396) and ($828), respectively, of discrete tax benefits associated with prior year tax returns. Income tax expense for the quarters ended March 31, 2026 and March 31, 2025 also include ($1,067) and ($742), respectively, of excess tax benefits associated with the vesting of common shares and common share units.

								Exhibit D
	Six Months Ended June 30, 2026				Six Months Ended June 30, 2025
Essent Group Ltd. and Subsidiaries
Supplemental Information
Year to Date Segment Results (Unaudited)
The following tables set forth comparative financial information for our two reportable business segments, Mortgage Insurance and Reinsurance, our Corporate & Other category and our consolidated results for the six months ended June 30, 2026 and 2025 (unaudited). Our Corporate & Other category is used to reconcile our reportable business segments to consolidated results and includes business activities associated with our title insurance operations, income and losses from holding company treasury operations, and general corporate operating expenses not attributable to our operating segments.
(In thousands)	Mortgage Insurance	Reinsurance	Corporate & Other	Consolidated	Mortgage Insurance	Reinsurance	Corporate & Other	Consolidated
Revenues:
Net premiums earned	$431,325	$72,949	$32,583	$536,857	$438,386	$29,609	$26,662	$494,657
Net investment income	86,322	10,758	23,787	120,867	86,466	10,056	20,977	117,499
Realized investment gains (losses), net	(282)	-	24	(258)	(225)	-	(85)	(310)
Income from other invested assets	18,737	-	10,827	29,564	6,828	-	5,046	11,874
Other income	3,139	3,316	5,273	11,728	3,162	4,862	4,957	12,981
Total revenues	539,241	87,023	72,494	698,758	534,617	44,527	57,557	636,701
Losses and expenses:
Provision for losses and LAE	67,011	28,652	1,514	97,177	46,043	39	2,260	48,342
Compensation and benefits	31,515	3,966	31,678	67,159	34,277	2,406	33,728	70,411
Premium and other taxes	11,988	32	981	13,001	11,548	27	1,823	13,398
Acquisition costs, net (3)	(15,148)	18,591	-	3,443	(13,200)	642	-	(12,558)
Other underwriting and operating expenses	21,529	1,967	41,142	64,638	20,134	1,768	40,736	62,638
Net operating expenses before allocations	49,884	24,556	73,801	148,241	52,759	4,843	76,287	133,889
Corporate expense allocations	19,628	1,204	(20,832)	-	21,783	473	(22,256)	-
Operating expenses after allocations	69,512	25,760	52,969	148,241	74,542	5,316	54,031	133,889
Interest expense	-	-	16,296	16,296	-	-	16,296	16,296
Income (loss) before income taxes	$402,718	$32,611	$1,715	$437,044	$414,032	$39,172	$(15,030)	$438,174
Loss ratio (1)	15.5%	39.3%			10.5%	0.1%
Expense ratio (2)	16.1%	35.3%			17.0%	18.0%
Combined ratio	31.6%	74.6%			27.5%	18.1%
(1) Loss ratio is calculated by dividing the provision for losses and LAE by net premiums earned.
(2) Expense ratio is calculated by dividing operating expenses after allocations by net premiums earned.
(3) Acquisition costs are net of ceding commissions earned on outward reinsurance and include ceding commissions incurred on reinsurance assumed.

					Exhibit E
	Mortgage Insurance
	2026		2025
	June 30	March 31	December 31	September 30	June 30
Essent Group Ltd. and Subsidiaries
Supplemental Information
Historical Quarterly Segment Information
(Unaudited)
($ in thousands)
Revenues:
Net premiums earned	$215,662	$215,663	$212,674	$215,683	$220,262
Net investment income	43,965	42,357	43,627	44,265	43,676
Realized investment gains (losses), net	(94)	(188)	(218)	(427)	(124)
Income (loss) from other invested assets	12,975	5,762	2,044	(605)	3,619
Other income	1,396	1,743	1,149	800	1,614
Total revenues	273,904	265,337	259,276	259,716	269,047
Losses and expenses:
Provision for losses and LAE	29,391	37,620	55,160	44,170	15,323
Compensation and benefits	14,898	16,617	14,727	15,388	15,667
Premium and other taxes	5,996	5,992	6,038	6,010	5,984
Acquisition costs, net (3)	(7,770)	(7,378)	(7,234)	(7,057)	(6,770)
Other underwriting and operating expenses	10,695	10,834	11,523	9,735	9,744
Net operating expenses before allocations	23,819	26,065	25,054	24,076	24,625
Corporate expense allocations	8,086	11,542	9,213	7,081	8,979
Operating expenses after allocations	31,905	37,607	34,267	31,157	33,604
Income before income taxes	$212,608	$190,110	$169,849	$184,389	$220,120
Loss ratio (1)	13.6%	17.4%	25.9%	20.5%	7.0%
Expense ratio (2)	14.8%	17.4%	16.1%	14.4%	15.3%
Combined ratio	28.4%	34.8%	42.0%	34.9%	22.3%
(1) Loss ratio is calculated by dividing the provision for losses and LAE by net premiums earned.
(2) Expense ratio is calculated by dividing operating expenses after allocations by net premiums earned.
(3) Acquisition costs are net of ceding commissions earned on outward reinsurance and include ceding commissions incurred on reinsurance assumed.

				Exhibit E, continued
	Reinsurance
	2026		2025
	June 30	March 31	December 31	September 30	June 30
Essent Group Ltd. and Subsidiaries
Supplemental Information
Historical Quarterly Segment Information (Unaudited)
($ in thousands)
Revenues:
Net premiums earned	$43,639	$29,310	$14,696	$16,304	$13,875
Net investment income	6,088	4,670	4,913	5,302	5,216
Realized investment gains, net	-	-	6	-	-
Other income	1,345	1,971	2,255	1,591	1,909
Total revenues	51,072	35,951	21,870	23,197	21,000
Losses and expenses:
Provision for losses and LAE	18,723	9,929	206	65	36
Compensation and benefits	1,781	2,185	961	1,180	1,126
Premium and other taxes	14	18	17	8	16
Acquisition costs, net (3)	11,849	6,742	763	487	285
Other underwriting and operating expenses	987	980	996	890	959
Net operating expenses before allocations	14,631	9,925	2,737	2,565	2,386
Corporate expense allocations	653	551	516	502	263
Operating expenses after allocations	15,284	10,476	3,253	3,067	2,649
Income before income taxes	$17,065	$15,546	$18,411	$20,065	$18,315
Loss ratio (1)	42.9%	33.9%	1.4%	0.4%	0.3%
Expense ratio (2)	35.0%	35.7%	22.1%	18.8%	19.1%
Combined ratio	77.9%	69.6%	23.5%	19.2%	19.4%
(1) Loss ratio is calculated by dividing the provision for losses and LAE by net premiums earned.
(2) Expense ratio is calculated by dividing operating expenses after allocations by net premiums earned.
(3) Acquisition costs are net of ceding commissions earned on outward reinsurance and include ceding commissions incurred on reinsurance assumed.

			Exhibit E, continued
	Corporate & Other
	2026		2025
	June 30	March 31	December 31	September 30	June 30
Essent Group Ltd. and Subsidiaries
Supplemental Information
Historical Quarterly Segment Information
(Unaudited)
($ in thousands)
Revenues:
Net premiums earned	$17,463	$15,120	$15,359	$14,345	$14,672
Net investment income	11,559	12,228	10,683	10,228	10,397
Realized investment gains (losses), net	(17)	41	24	2	(5)
Income from other invested assets	6,410	4,417	1,898	2,375	847
Other income	2,295	2,978	3,294	1,967	3,185
Total revenues	37,710	34,784	31,258	28,917	29,096
Losses and expenses:
Provision for losses and LAE	847	667	707	687	1,696
Compensation and benefits	13,825	17,853	14,675	12,608	13,926
Premium and other taxes	545	436	446	(88)	495
Other underwriting and operating expenses	22,438	18,704	20,741	20,337	21,333
Net operating expenses before allocations	36,808	36,993	35,862	32,857	35,754
Corporate expense allocations	(8,739)	(12,093)	(9,729)	(7,583)	(9,242)
Operating expenses after allocations	28,069	24,900	26,133	25,274	26,512
Interest expense	8,148	8,148	8,149	8,251	8,148
Income (loss) before income taxes	$646	$1,069	$(3,731)	$(5,295)	$(7,260)

	Consolidated
	2026		2025
	June 30	March 31	December 31	September 30	June 30
($ in thousands)
Revenues:
Net premiums earned	$276,764	$260,093	$242,729	$246,332	$248,809
Net investment income	61,612	59,255	59,223	59,795	59,289
Realized investment gains (losses), net	(111)	(147)	(188)	(425)	(129)
Income from other invested assets	19,385	10,179	3,942	1,770	4,466
Other income	5,036	6,692	6,698	4,358	6,708
Total revenues	362,686	336,072	312,404	311,830	319,143
Losses and expenses:
Provision for losses and LAE	48,961	48,216	56,073	44,922	17,055
Compensation and benefits	30,504	36,655	30,363	29,176	30,719
Premium and other taxes	6,555	6,446	6,501	5,930	6,495
Acquisition costs, net (1)	4,079	(636)	(6,471)	(6,570)	(6,485)
Other underwriting and operating expenses	34,120	30,518	33,260	30,962	32,036
Total other underwriting and operating expenses	75,258	72,983	63,653	59,498	62,765
Interest expense	8,148	8,148	8,149	8,251	8,148
Income before income taxes	$230,319	$206,725	$184,529	$199,159	$231,175
(1) Acquisition costs are net of ceding commissions earned on outward reinsurance and include ceding commissions incurred on reinsurance assumed.

				Exhibit F
	2026	2025
	June 30	March 31	December 31	September 30	June 30
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - Historical Quarterly Data
($ in thousands)
New insurance written	$14,144,104	$11,076,190	$11,840,227	$12,233,252	$12,544,731
New risk written	$3,822,560	$2,893,697	$3,030,169	$3,239,497	$3,357,820
Average insurance in force	$248,468,781	$247,838,392	$248,695,560	$247,821,046	$245,747,813
Insurance in force (end of period)	$249,720,234	$247,909,417	$248,356,397	$248,808,341	$246,797,619
Gross risk in force (end of period) (1)	$68,465,872	$67,916,263	$68,053,447	$68,262,577	$67,683,239
Risk in force (end of period)	$56,435,078	$56,271,605	$56,519,839	$56,940,929	$56,811,096
Policies in force	801,140	801,394	807,230	812,856	812,182
Weighted average coverage (2)	27.4%	27.4%	27.4%	27.4%	27.4%
Annual persistency	84.0%	84.7%	85.7%	86.0%	85.8%
Loans in default (count)	20,278	20,332	20,210	18,583	17,255
Percentage of loans in default	2.53%	2.54%	2.50%	2.29%	2.12%
Base average premium rate (3)	0.40%	0.41%	0.41%	0.41%	0.41%
Single premium cancellation (4)	- %	- %	- %	- %	- %
Gross average premium rate	0.40%	0.41%	0.41%	0.41%	0.41%
Ceded premiums	(0.05%)	(0.06%)	(0.07%)	(0.06%)	(0.05%)
Net average premium rate	0.35%	0.35%	0.34%	0.35%	0.36%
(1) Gross risk in force includes risk ceded under third-party reinsurance.
(2) Weighted average coverage is calculated by dividing end of period gross risk in force by end of period insurance in force.
(3) Base average premium rate is calculated by dividing annualized base premiums earned by average insurance in force for the period.
(4) Single premium cancellation is calculated by dividing annualized premiums on the cancellation of non-refundable single premium policies by average insurance in force for the period.

							Exhibit G
	Three Months Ended		Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - New Insurance Written
NIW by Credit Score (1)
($ in thousands)
>=760	$7,017,351	49.6%	$6,274,130	50.0%	$13,136,338	52.1%	$11,016,229	49.0%
740-759	2,026,615	14.3	2,008,226	16.0	3,677,246	14.6	3,734,281	16.6
720-739	1,756,882	12.5	1,598,919	12.8	3,009,684	11.9	2,898,918	12.8
700-719	1,712,690	12.1	1,320,817	10.5	2,743,916	10.9	2,485,800	11.1
680-699	917,145	6.5	731,994	5.8	1,484,923	5.9	1,306,651	5.8
<=679	713,421	5.0	610,645	4.9	1,168,187	4.6	1,048,188	4.7
Total	$14,144,104	100.0%	$12,544,731	100.0%	$25,220,294	100.0%	$22,490,067	100.0%
Weighted average credit score	751		753		754		752
NIW by LTV
	Three Months Ended		Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
($ in thousands)
85.00% and below	$1,169,164	8.3%	$1,124,637	9.0%	$2,386,870	9.5%	$1,863,256	8.3%
85.01% to 90.00%	3,440,697	24.3	2,957,886	23.6	6,639,746	26.3	5,236,176	23.3
90.01% to 95.00%	7,054,406	49.9	6,393,500	50.9	12,350,937	49.0	11,669,518	51.9
95.01% and above	2,479,837	17.5	2,068,708	16.5	3,842,741	15.2	3,721,117	16.5
Total	$14,144,104	100.0%	$12,544,731	100.0%	$25,220,294	100.0%	$22,490,067	100.0%
Weighted average LTV	93%		93%		93%		93%
NIW by Product
	Three Months Ended		Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Single premium policies		1.6%		1.3%		1.6%		1.4%
Monthly premium policies		98.4		98.7		98.4		98.6
		100.0%		100.0%		100.0%		100.0%
NIW by Purchase vs. Refinance
	Three Months Ended		Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Purchase		87.4%		92.6%		80.8%		93.4%
Refinance		12.6		7.4		19.2		6.6
		100.0%		100.0%		100.0%		100.0%
(1) Beginning in the three months ended June 30, 2026, a de minimis amount of NIW was submitted with a VantageScore credit score rather than a FICO credit score.

									Exhibit H
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - Insurance in Force and Risk in Force
Portfolio by Credit Score (1)
Insurance in Force	June 30, 2026			March 31, 2026			June 30, 2025
($ in thousands)
>=760		$105,982,606	42.4%		$104,715,580	42.2%		$101,554,517	41.1%
740-759		42,848,263	17.2		42,906,709	17.3		43,146,312	17.5
720-739		37,328,645	14.9		37,323,783	15.1		38,115,925	15.4
700-719		32,515,464	13.1		32,210,355	13.0		32,789,773	13.3
680-699		19,282,243	7.7		19,194,941	7.7		19,666,338	8.0
<=679		11,763,013	4.7		11,558,049	4.7		11,524,754	4.7
Total	$249,720,234	100.0%		$247,909,417	100.0%		$246,797,619	100.0%
Weighted average credit score	747			747			746
Risk in Force	June 30, 2026			March 31, 2026			June 30, 2025
($ in thousands)
>=760		$28,763,509	42.1%		$28,401,453	41.9%		$27,578,860	40.8%
740-759		11,895,196	17.4		11,899,312	17.5		11,989,491	17.7
720-739		10,371,860	15.1		10,356,369	15.2		10,584,541	15.6
700-719		9,068,601	13.2		8,977,150	13.2		9,136,075	13.5
680-699		5,347,877	7.8		5,316,639	7.8		5,434,287	8.0
<=679		3,018,829	4.4		2,965,340	4.4		2,959,985	4.4
Total	$68,465,872	100.0%		$67,916,263	100.0%		$67,683,239	100.0%
Portfolio by LTV
Insurance in Force	June 30, 2026			March 31, 2026			June 30, 2025
($ in thousands)
85.00% and below		$15,285,556	6.1%		$14,976,850	6.0%		$14,309,342	5.8%
85.01% to 90.00%		56,279,141	22.5		57,370,862	23.1		59,432,276	24.1
90.01% to 95.00%		133,466,114	53.5		132,048,705	53.3		130,210,803	52.7
95.01% and above		44,689,423	17.9		43,513,000	17.6		42,845,198	17.4
Total	$249,720,234	100.0%		$247,909,417	100.0%		$246,797,619	100.0%
Weighted average LTV	93%			93%			93%
Risk in Force	June 30, 2026			March 31, 2026			June 30, 2025
($ in thousands)
85.00% and below		$1,788,794	2.6%		$1,752,508	2.6%		$1,689,437	2.5%
85.01% to 90.00%		13,776,656	20.1		14,061,350	20.7		14,653,527	21.7
90.01% to 95.00%		39,355,100	57.5		38,936,750	57.3		38,402,295	56.7
95.01% and above		13,545,322	19.8		13,165,655	19.4		12,937,980	19.1
Total	$68,465,872	100.0%		$67,916,263	100.0%		$67,683,239	100.0%
Portfolio by Loan Amortization Period
Insurance in Force	June 30, 2026			March 31, 2026			June 30, 2025
($ in thousands)
FRM 30 years and higher		$241,429,013	96.7%		$240,268,121	96.9%		$241,225,436	97.8%
FRM 20-25 years		1,733,836	0.6		1,631,244	0.7		1,024,884	0.4
FRM 15 years		2,385,701	1.0		2,214,086	0.9		1,465,011	0.6
ARM 5 years and higher		4,171,684	1.7		3,795,966	1.5		3,082,288	1.2
Total	$249,720,234	100.0%		$247,909,417	100.0%		$246,797,619	100.0%
(1) Beginning in the three months ended June 30, 2026, a de minimis amount of active policies were submitted with a VantageScore credit score rather than a FICO credit score.

													Exhibit I
					Insurance in Force
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - Vintage Data
June 30, 2026
Year	Original Insurance Written ($ in thousands)	Remaining Insurance in Force ($ in thousands)	% Remaining of Original Insurance	Number of Policies in Force	Weighted Average Coupon	% Purchase	>90% LTV	>95% LTV	Credit Score < 700	Credit Score >= 760	Incurred Loss Ratio (Inception to Date) (1)	Number of Loans in Default	Percentage of Loans in Default
2010 - 2016	$121,811,826	$2,386,975	2.0%	13,146	4.19%	71.5%	52.8%	3.9%	13.1%	45.7%	2.2%	568	4.32%
2017	43,858,322	2,169,396	4.9	14,118	4.37	88.9	78.3	30.7	23.8	33.7	2.8	732	5.18
2018	47,508,525	3,314,292	7.0	19,877	4.84	95.1	84.2	32.2	23.2	30.6	3.6	980	4.93
2019	63,569,183	7,377,172	11.6	38,401	4.28	91.1	81.5	29.8	20.4	32.9	3.4	1,469	3.83
2020	107,944,065	23,743,308	22.0	101,070	3.23	79.7	75.6	18.0	11.4	43.9	2.6	2,187	2.16
2021	84,218,250	37,012,232	43.9	130,843	3.11	93.6	75.3	19.5	13.8	39.7	6.4	3,548	2.71
2022	63,061,262	42,323,563	67.1	126,303	5.09	98.6	68.6	12.2	12.5	39.4	20.4	3,888	3.08
2023	47,666,852	31,851,543	66.8	94,279	6.56	98.9	74.2	20.0	11.3	37.7	25.0	3,334	3.54
2024	45,561,332	34,628,333	76.0	96,480	6.66	95.2	74.0	21.4	12.7	41.4	24.8	2,541	2.63
2025	46,563,546	40,156,852	86.2	104,880	6.54	87.2	65.6	15.8	10.5	49.4	16.9	970	0.92
2026 (through June 30)	25,220,294	24,756,568	98.2	61,743	6.16	80.6	64.2	15.5	10.6	51.6	5.5	61	0.10
Total	$696,983,457	$249,720,234	35.8	801,140	5.32	91.4	71.3	17.9	12.4	42.4	6.8	20,278	2.53
(1) Incurred loss ratio is calculated by dividing the sum of case reserves and cumulative amount paid for claims by cumulative premiums earned, excluding the impact of any outward reinsurance.

Essent Group Ltd. and Subsidiaries

Exhibit J

Supplemental Information

Mortgage Insurance - Outward Reinsurance Vintage Data

June 30, 2026

									Earned Premiums Ceded
($ in thousands)
Insurance Linked Notes (1)
Deal Name	Vintage	Remaining Insurance in Force	Remaining Risk in Force	Original Reinsurance in Force	Remaining Reinsurance in Force	Losses Ceded to Date	Original First Layer Retention	Remaining First Layer Retention	Quarter-to-Date	Year-to-Date	Reduction in PMIERs Minimum Required Assets (3)
Radnor Re 2021-1	Aug. 2020 - Mar. 2021	$15,836,468	$4,438,234	$557,911	$50,256	$ -	$278,956	$275,536	$616	$1,400	$17,741
Radnor Re 2021-2	Apr. 2021 - Sep. 2021	22,156,669	6,327,178	439,407	161,600	-	279,415	268,364	2,316	4,706	144,071
Radnor Re 2022-1	Oct. 2021 - Jul. 2022	22,499,218	6,295,041	237,868	113,796	-	303,761	284,970	2,522	5,088	113,795
Radnor Re 2023-1	Aug. 2022 - Jun. 2023	22,822,493	6,296,006	281,462	181,895	-	281,463	264,081	2,667	5,349	181,895
Radnor Re 2024-1	Jul. 2023 - Jul. 2024	21,827,253	6,054,012	363,366	192,982	-	256,495	251,896	2,173	4,558	142,806
Total		$105,142,101	$29,410,471	$1,880,014	$700,529	$ -	$1,400,090	$1,344,847	$10,294	$21,101	$600,308

									Earned Premiums Ceded
Excess of Loss Reinsurance (2)
Deal Name	Vintage	Remaining Insurance in Force	Remaining Risk in Force	Original Reinsurance in Force	Remaining Reinsurance in Force	Losses Ceded to Date	Original First Layer Retention	Remaining First Layer Retention	Quarter-to-Date	Year-to-Date	Reduction in PMIERs Minimum Required Assets (3)
(4) XOL 2019-1	Jan. 2018 - Dec. 2018	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$374	$ -
XOL 2020-1	Jan. 2019 - Aug. 2019	4,244,203	1,130,161	55,102	29,152	-	215,605	209,852	249	495	-
XOL 2022-1	Oct. 2021 - Dec. 2022	51,203,122	14,212,909	141,992	128,222	-	507,114	457,603	1,447	2,934	123,641
XOL 2023-1	Jan. 2023 - Dec. 2023	28,813,310	8,021,276	36,627	31,375	-	366,270	350,226	373	778	30,168
XOL 2024-1	Jan. 2024 - Dec. 2024	32,088,603	8,848,689	58,005	58,005	-	331,456	327,683	651	1,294	55,886
XOL 2025-1	Jan. 2025 - Dec. 2025	40,096,727	10,640,673	80,821	80,821	-	343,234	343,234	725	1,443	77,857
Total		$156,445,965	$42,853,708	$372,547	$327,575	$ -	$1,763,679	$1,688,598	$3,445	$7,318	$287,552

						Losses Ceded		Ceding Commission	Earned Premiums Ceded
Quota Share Reinsurance (2)
Year	Ceding Percentage	Remaining Insurance in Force	Remaining Risk in Force	Remaining Ceded Insurance in Force	Remaining Ceded Risk in Force	Quarter-to-Date	Year-to-Date	Quarter-to-Date	Year-to-Date	Quarter-to-Date	Year-to-Date	Reduction in PMIERs Minimum Required Assets (3)
Sep. 2019 - Dec. 2020	(5)	$26,846,772	$7,481,592	$5,596,026	$1,535,452	$(173)	$(162)	$1,683	$3,475	$2,254	$4,850	$97,777
Jan. 2022 - Dec. 2022	20%	42,279,365	11,681,382	8,455,873	2,336,276	1,665	3,765	1,538	3,126	4,357	9,236	175,182
Jan. 2023 - Dec. 2023	17.5%	28,733,450	8,001,630	5,028,354	1,400,285	1,517	4,120	1,054	2,164	3,730	8,664	114,066
Jan. 2024 - Dec. 2024	15%	34,428,127	9,477,713	5,164,219	1,421,657	1,888	3,358	1,105	2,260	4,264	8,217	117,854
Jan. 2025 - Dec. 2025	25%	40,122,328	10,647,726	10,030,582	2,661,931	1,996	3,832	1,766	3,599	5,263	10,490	183,604
Jan. 2026 - Dec. 2026	25%	24,731,866	6,588,355	6,182,966	1,647,089	255	255	676	835	1,506	1,800	105,627
Total		$197,141,908	$53,878,398	$40,458,020	$11,002,690	$7,148	$15,168	$7,822	$15,459	$21,374	$43,257	$794,110

(1) Reinsurance provided by unaffiliated special purpose insurers through the issuance of mortgage insurance-linked notes ("ILNs").

(2) Reinsurance provided by panels of reinsurers.

(3) Represents the reduction in Essent Guaranty, Inc.'s Minimum Required Assets based on our interpretation of the PMIERs.

(4) XOL 2019-1 terminated as of February 2026.

(5) Under QSR-2019, Essent Guaranty cedes 36% of premiums on singles policies and 18% on all other policies.

			Exhibit K
	June 30, 2026	March 31, 2026	June 30, 2025
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - Geographic Data
IIF by State
FL	12.1%	12.0%	12.0%
CA	11.9	12.1	12.3
TX	11.5	11.5	11.3
AZ	4.2	4.1	3.9
GA	3.9	3.9	3.8
CO	3.9	4.0	4.0
WA	3.4	3.4	3.4
NC	3.3	3.2	3.1
MI	2.6	2.6	2.6
OH	2.6	2.6	2.6
All Others	40.6	40.6	41.0
Total	100.0%	100.0%	100.0%
Gross RIF by State
	June 30, 2026	March 31, 2026	June 30, 2025
FL	12.4%	12.3%	12.2%
CA	12.0	12.1	12.3
TX	11.7	11.7	11.5
AZ	4.3	4.2	4.0
GA	4.0	3.9	3.9
CO	3.9	3.9	4.0
WA	3.4	3.4	3.4
NC	3.3	3.2	3.1
MI	2.6	2.6	2.6
UT	2.6	2.6	2.6
All Others	39.8	40.1	40.4
Total	100.0%	100.0%	100.0%

						Exhibit L
	Three Months Ended
	2026			2025
	June 30	March 31		December 31	September 30	June 30
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance
Rollforward of Defaults and Reserve for Losses and LAE
Rollforward of Insured Loans in Default
Beginning default inventory	20,332	20,210		18,583	17,255	17,759
Plus: new defaults (A)	9,846	11,100		11,245	10,357	8,810
Less: cures	(9,559)	(10,708)		(9,357)	(8,713)	(9,078)
Less: claims paid	(316)	(239)		(235)	(296)	(215)
Less: rescissions and denials, net	(25)	(31)		(26)	(20)	(21)
Ending default inventory	20,278	20,332		20,210	18,583	17,255
(A) New defaults remaining as of June 30, 2026	7,559	3,918		2,935	1,847	1,144
Cure rate (1)	23%	65%		74%	82%	87%
Total amount paid for claims (in thousands)	$17,283	$13,671		$13,171	$16,456	$9,007
Average amount paid per claim (in thousands)	$55	$57		$56	$56	$42
Severity	85%	84%		80%	78%	67%
Rollforward of Reserve for Losses and LAE
	Three Months Ended
			2026				2025
($ in thousands)	June 30	March 31		December 31	September 30	June 30
Reserve for losses and LAE at beginning of period	$458,901	$429,610		$379,548	$345,952	$338,128
Less: Reinsurance recoverables	61,591	56,120		47,957	41,966	40,351
Net reserve for losses and LAE at beginning of period	397,310	373,490		331,591	303,986	297,777
Add provision for losses and LAE occurring in:
Current period	58,393	62,792		67,865	62,349	45,119
Prior years	(29,002)	(25,172)		(12,705)	(18,179)	(29,796)
Incurred losses and LAE during the period	29,391	37,620		55,160	44,170	15,323
Deduct payments for losses and LAE occurring in:
Current period	260	88		2,649	552	315
Prior years	17,148	13,712		10,612	16,013	8,799
Loss and LAE payments during the period	17,408	13,800		13,261	16,565	9,114
Net reserve for losses and LAE at end of period	409,293	397,310		373,490	331,591	303,986
Plus: Reinsurance recoverables	65,718	61,591		56,120	47,957	41,966
Reserve for losses and LAE at end of period	$475,011	$458,901		$429,610	$379,548	$345,952
(1) The cure rate is calculated by dividing new defaults remaining as of the reporting date by the original number of new defaults reported in the quarterly period and subtracting that percentage from 100%.

						Exhibit M
	June 30, 2026
	Number of Policies in Default		Percentage of Policies in Default	Amount of Reserves	Percentage of Reserves	Defaulted RIF	Reserves as a Percentage of Defaulted RIF
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance
Detail of Reserves by Default Delinquency
($ in thousands)
Missed Payments:
Two payments	6,268		31%	$34,008	8%	$495,232	7%
Three payments	2,812		14	29,835	7	237,120	13
Four to eleven payments	7,772		38	187,370	43	684,887	27
Twelve or more payments	2,965		15	154,442	35	252,845	61
Pending claims	461		2	33,265	7	36,888	90
Total case reserves	20,278		100%	438,920	100%	$1,706,972	26%
IBNR				32,919
LAE				3,172
Total reserves for losses and LAE				$475,011
Average reserve per default:
Case				$21.6
Total				$23.4
Default Rate		2.53%
3+ Month Default Rate		1.75%
	December 31, 2025
	Number of Policies in Default		Percentage of Policies in Default	Amount of Reserves	Percentage of Reserves	Defaulted RIF	Reserves as a Percentage of Defaulted RIF
($ in thousands)
Missed Payments:
Two payments	6,892		34%	$40,876	10%	$545,198	7%
Three payments	3,002		15	32,458	8	246,194	13
Four to eleven payments	7,261		36	163,087	41	615,449	26
Twelve or more payments	2,742		13	139,036	35	224,248	62
Pending claims	313		2	21,360	6	23,797	90
Total case reserves	20,210		100%	396,817	100%	$1,654,886	24%
IBNR				29,761
LAE				3,032
Total reserves for losses and LAE				$429,610
Average reserve per default:
Case				$19.6
Total				$21.3
Default Rate		2.50%
3+ Month Default Rate		1.65%
	June 30, 2025
	Number of Policies in Default		Percentage of Policies in Default	Amount of Reserves	Percentage of Reserves	Defaulted RIF	Reserves as a Percentage of Defaulted RIF
($ in thousands)
Missed Payments:
Two payments	5,634		33%	$29,534	9%	$436,738	7%
Three payments	2,375		14	23,028	7	189,938	12
Four to eleven payments	6,644		38	134,497	42	561,051	24
Twelve or more payments	2,388		14	118,154	37	190,189	62
Pending claims	214		1	14,195	5	15,789	90
Total case reserves	17,255		100%	319,408	100%	$1,393,705	23%
IBNR				23,956
LAE				2,588
Total reserves for losses and LAE				$345,952
Average reserve per default:
Case				$18.5
Total				$20.0
Default Rate		2.12%
3+ Month Default Rate		1.43%

					Exhibit N
	2026	2025
	June 30	March 31	December 31	September 30	June 30
Essent Group Ltd. and Subsidiaries
Supplemental Information
U.S. Mortgage Insurance Company Capital
($ in thousands)
Essent Guaranty, Inc:
Statutory capital	$3,678,202	$3,682,476	$3,572,887	$3,732,465	$3,714,146
Net risk in force (1)	$31,118,806	$31,785,517	$32,486,788	$33,367,706	$33,986,508
Risk-to-capital ratio (2)	8.5:1	8.6:1	9.1:1	8.9:1	9.2:1
Essent Guaranty, Inc. PMIERs Data (3):
Available Assets	$3,599,092	$3,635,459	$3,520,454	$3,666,883	$3,654,460
Minimum Required Assets	2,092,922	2,084,042	2,087,473	2,065,890	2,075,409
PMIERs excess Available Assets	$1,506,170	$1,551,417	$1,432,981	$1,600,993	$1,579,051
PMIERs sufficiency ratio (4)	172%	174%	169%	177%	176%
(1) Net risk in force represents total risk in force, net of reinsurance ceded and net of exposures on policies for which loss reserves have been established.
(2) The risk-to-capital ratio is calculated as the ratio of net risk in force to statutory capital.
(3) Data is based on our interpretation of the PMIERs as of the dates indicated.
(4) PMIERs sufficiency ratio is calculated by dividing Available Assets by Minimum Required Assets.

					Exhibit O
	2026	2025
Essent Group Ltd. and Subsidiaries
Supplemental Information
Reinsurance
($ in thousands)	June 30	March 31	December 31	September 30	June 30
Net Premiums Written:
Mortgage	$13,700	$13,236	$15,117	$18,338	$13,181
Non-mortgage	65,475	156,365	633	359	229
Total	$79,175	$169,601	$15,750	$18,697	$13,410
Net Premiums Earned:
Mortgage	$12,716	$12,264	$14,063	$15,945	$13,646
Non-mortgage	30,923	17,046	633	359	229
Total	$43,639	$29,310	$14,696	$16,304	$13,875
Reserve for losses and LAE	$27,739	$10,076	$359	$153	$88
Mortgage Reinsurance Statistics:
Reinsured risk in force	$2,051,720	$2,084,380	$2,166,605	$2,184,981	$2,290,008
Weighted average credit score	751	751	751	751	751
Weighted average LTV	83%	83%	83%	83%	83%
Essent Reinsurance Ltd. Capital:
Stockholder's equity (GAAP basis)	$1,634,429	$1,660,416	$1,695,390	$1,722,135	$1,751,720

				Exhibit P
Essent Group Ltd. and Subsidiaries
Supplemental Information
Cash & Investments
Cash & Investments by Asset Class
Asset Class	June 30, 2026		December 31, 2025
($ in thousands)	Fair Value	Percent	Fair Value	Percent
U.S. Treasury securities	$274,488	4.2%	$369,712	5.6%
U.S. agency mortgage-backed securities	1,103,830	16.8	1,174,895	17.8
Municipal debt securities	603,771	9.2	610,411	9.2
Non-U.S. government securities	49,271	0.8	56,024	0.8
Corporate debt securities	1,967,084	30.0	1,980,080	30.0
Residential and commercial mortgage securities	462,142	7.1	464,105	7.0
Asset-backed securities	954,223	14.6	800,366	12.1
Money market funds	623,886	9.5	648,492	9.8
Total investments available for sale	$6,038,695	92.2%	$6,104,085	92.3%
Other invested assets	441,852	6.7	382,513	5.8
Cash	74,333	1.1	123,049	1.9
Total cash and investments	$6,554,880	100.0%	$6,609,647	100.0%
Investments Available for Sale by Credit Rating
Rating (1)	June 30, 2026		December 31, 2025
($ in thousands)	Fair Value	Percent	Fair Value	Percent
Aaa	$905,610	16.7%	$846,230	15.5%
Aa1	1,636,582	30.2	1,799,508	32.9
Aa2	347,853	6.4	300,026	5.5
Aa3	324,831	6.0	319,848	5.9
A1	510,764	9.5	545,918	10.0
A2	530,561	9.8	511,146	9.4
A3	481,679	8.9	494,434	9.1
Baa1	254,449	4.7	244,424	4.5
Baa2	214,466	4.0	208,247	3.8
Baa3	140,522	2.6	122,596	2.2
Below Baa3	67,492	1.2	63,216	1.2
Total (2)	$5,414,809	100.0%	$5,455,593	100.0%
(1) Based on ratings issued by Moody's, if available. S&P or Fitch rating utilized if Moody's not available.
(2) Excludes $623,886 and $648,492 of money market funds at June 30, 2026 and December 31, 2025, respectively.
Investments Available for Sale by Duration and Book Yield
Effective Duration	June 30, 2026		December 31, 2025
($ in thousands)	Fair Value	Percent	Fair Value	Percent
< 1 Year	$1,619,802	26.8%	$1,549,327	25.4%
1 to < 2 Years	465,830	7.7	527,914	8.6
2 to < 3 Years	483,881	8.0	532,211	8.7
3 to < 4 Years	664,408	11.0	571,255	9.4
4 to < 5 Years	499,657	8.3	536,135	8.8
5 or more Years	2,305,117	38.2	2,387,243	39.1
Total investments available for sale	$6,038,695	100.0%	$6,104,085	100.0%
Pre-tax investment yield (3)	Three Months Ended June 30, 2026	Six Months Ended June 30, 2026
Yield on cash and investments available for sale	3.99%	3.89%
Return on other invested assets	18.85%	14.82%
Aggregate yield on total cash and investments	4.89%	4.54%
(3) Yield on cash and investments available for sale is calculated as the annualized gross investment income earned divided by the average amortized cost of cash and investments available for sale. Return on other invested assets is calculated as annualized income (loss) from other invested assets divided by the average balance of other invested assets. The aggregate yield is calculated as the sum of the numerators in the calculations described above divided by the sum of denominators in the calculations described above.

Exhibit Q

Essent Group Ltd. and Subsidiaries

Supplemental Information

Book Value Per Share Inclusive of Common Dividends & Reconciliation of Non-GAAP Financial Measures

Management believes Book Value Per Share Inclusive of Common Dividends provides investors with useful supplemental information because it reflects both changes in GAAP book value per share and cash dividends distributed to common shareholders. Management uses this measure as an additional indicator of per-share capital generation and capital return. Because dividends paid to common shareholders reduce GAAP book value per share, management believes this measure helps investors evaluate the combined effect of retained capital growth and capital distributed to shareholders during the period.

The following table sets forth the reconciliation of Book Value per Share Inclusive of Common Dividends to the most comparable GAAP amount as of June 30, 2026, as well as the 12-month growth in Book Value per Share Inclusive of Common Dividends in accordance with Regulation G.

(In thousands, except per share amounts)	June 30, 2026	June 30, 2025
Total Stockholders' Equity (Book Value)	$5,663,401	$5,672,848
Total Common Shares Outstanding	89,876	99,556
Book Value per Share	$63.01	$56.98
12-Month Growth in Book Value per Share	10.6%
Book Value per Share	$63.01	$56.98
Common Dividends Paid per Share 12-Months Ended June 30, 2026	1.32
Book Value Per Share Inclusive of Common Dividends	$64.33
12-Month Growth in Book Value Per Share Inclusive of Common Dividends	12.9%

Contacts
610.230.0556 media@essentgroup.com
Philip Stefano
Vice President, Investor Relations
855-809-ESNT ir@essentgroup.com