ESSENT GROUP LTD. (NYSE:ESNT) Files An 8-K Other EventsItem 8.01.Other Events
On March29, 2018, Essent Group Ltd. (the "Company") posted on its website (www.essentgroup.com) a presentation regarding a $424.4 million fully collateralized excess of loss reinsurance transaction that its wholly owned subsidiary, Essent Guaranty, Inc. ("Essent"), entered into with Radnor Re 2018-1 Ltd., a newly formed Bermuda special purpose insurer, on March 22, 2018 covering mortgage insurance policies written by Essent in 2017. A copy of the presentation is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
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Exhibit No. |
Description |
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Presentation of Essent Group Ltd. dated March 29, 2018 |
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Essent Group Ltd. ExhibitEX-99.1 2 march2018creditrisktrans.htm EXHIBIT 99.1 march2018creditrisktrans REINSURANCE TRANSACTION WITH RADNOR RE &
RELATED MORTGAGE INSURANCE-LINKED NOTES
MARCH 29,…To view the full exhibit click here
About ESSENT GROUP LTD. (NYSE:ESNT)
Essent Group Ltd. is a private mortgage insurance company. The Company is engaged in serving the United States housing finance industry. It offers private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The primary mortgage insurance operations are conducted through Essent Guaranty, Inc. (Essent Guaranty), a subsidiary of the company, which maintains operations centers and operates additional underwriting and service centers in Winston-Salem, North Carolina and Irvine, California. Essent Guaranty is a mortgage insurer and is licensed to write mortgage insurance in all 50 states and the District of Columbia. The Company offers primary and pool private mortgage insurance. Primary mortgage insurance provides protection on individual loans at specified coverage percentages. Pool insurance is used to provide additional credit for certain secondary market and other mortgage transactions.