Stockwatch

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

ESSENT GROUP LTD
Symbol	ESNT
Recent Sedar+ Documents

(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.

2026-08-07 06:30 ET - News Release

HAMILTON, Bermuda, Aug. 07, 2026 (GLOBE NEWSWIRE) -- 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:

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.

Media Contact

610.230.0556
media@essentgroup.com

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



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

Essent Group Ltd. and Subsidiaries
Condensed Consolidated Statements of Comprehensive Income (Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
(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

Essent Group Ltd. and Subsidiaries
Condensed Consolidated Balance Sheets (Unaudited)


	June 30,			December 31,
(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
Essent Group Ltd. and Subsidiaries
Supplemental Information
Consolidated Historical Quarterly Data (Unaudited)

		2026						2025
	June 30			March 31			December 31			September 30			June 30
(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
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.

	Six Months Ended June 30, 2026												Six Months Ended June 30, 2025
(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
Essent Group Ltd. and Subsidiaries
Supplemental Information
Historical Quarterly Segment Information
(Unaudited)

	Mortgage Insurance
		2026						2025
	June 30			March 31			December 31			September 30			June 30
($ 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
Essent Group Ltd. and Subsidiaries
Supplemental Information
Historical Quarterly Segment Information (Unaudited)


	Reinsurance
		2026						2025
	June 30			March 31			December 31			September 30			June 30
($ 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
Essent Group Ltd. and Subsidiaries
Supplemental Information
Historical Quarterly Segment Information
(Unaudited)

	Corporate & Other
		2026						2025
	June 30			March 31			December 31			September 30			June 30
($ 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
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - Historical Quarterly Data


		2026						2025
	June 30			March 31			December 31			September 30			June 30
($ 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

Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - New Insurance Written


NIW by Credit Score(1)
	Three Months Ended										Six Months Ended
	June 30, 2026					June 30, 2025					June 30, 2026					June 30, 2025
($ 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

Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - Vintage Data
June 30, 2026


								Insurance in Force
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.

	Exhibit J
	Essent Group Ltd. and Subsidiaries
	Supplemental Information
	Mortgage Insurance - Outward Reinsurance Vintage Data
	June 30, 2026

($ in thousands)
Insurance Linked Notes (1)
																Earned Premiums Ceded
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


Excess of Loss Reinsurance (2)
																Earned Premiums Ceded
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


Quota Share Reinsurance (2)
											Losses Ceded						Ceding Commission				Earned Premiums Ceded
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

					Exhibit K

Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance - Geographic Data


IIF by State
	June 30, 2026		March 31, 2026		June 30, 2025
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
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance
Rollforward of Defaults and Reserve for Losses and LAE

Rollforward of Insured Loans in Default
	Three Months Ended
		2026						2025
	June 30			March 31			December 31			September 30			June 30
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
Essent Group Ltd. and Subsidiaries
Supplemental Information
Mortgage Insurance
Detail of Reserves by Default Delinquency

	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
($ 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

Essent Group Ltd. and Subsidiaries
Supplemental Information
U.S. Mortgage Insurance Company Capital

		2026						2025
	June 30			March 31			December 31			September 30			June 30
($ 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

Essent Group Ltd. and Subsidiaries
Supplemental Information
Reinsurance

		2026						2025
($ 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	%