Document

本新闻稿可能包含“前瞻性声明”，这些声明受已知和未知风险和不确定因素的影响，其中许多可能超出我们的控制范围。通常情况下，前瞻性声明可通过使用前瞻性术语识别，例如“可能”、“将”、“应该”、“预计”、“计划”、“预期”、“相信”、“估计”、“预测”或“潜在”或其否定形式或变体或类似术语。由于各种已知和未知的风险、不确定因素和其他因素，实际事件、结果和成果可能与我们的预期有重大差异。尽管不可能识别所有这些风险和因素，但它们包括但不限于以下内容：对房利美和房地美（“政府支持实体”）进行的变更，无论是通过联邦立法、重组还是业务实践的转变；未能继续满足政府支持实体的抵押保险资格要求；竞争对手争夺客户或重要客户的流失；贷款人或投资者寻求与私人抵押保险替代方案；通过联邦政府抵押保险计划投保贷款数量增加；低头期抵押贷款发放量下降；损失准备金估计的不确定性；我方保险政策有效期缩短；经济状况恶化；以及在我们于2024年2月16日向证券交易委员会提交的2023年12月31日止年度报告第I部分第1A条“风险因素”中描述的其他风险和因素。此处提供的任何前瞻性信息仅截至本新闻稿日期，我们不承担对前瞻性信息进行更新或修订以反映假设变化、意外事件发生或其他情况的任何义务。




Essent Group Ltd.及其子公司
财务结果和补充信息（未经审计）
2024年9月30日季度结束


附录 A						未经审计的简化合并综合收益表
附件B						汇编的资产负债表(未经审计)
展览 C						合并历史季度数据
展品D						美国抵押保险组合历史季度数据
附件E						美国抵押保险组合新保险额
附件F						美国抵押保险组合保险在力和风险在力
附件G						其他在保风险
附件H						美国抵押保险投保组合年份数据
附件I						美国抵押保险投保组合再保险年份数据

J展品						美国抵押保险投保组合地理数据
K展品						呆账和损失准备金和赔付费用的结转 - 美国抵押保险投资组合
L展品						按逾期违约分类的准备金明细 - 美国抵押保险投资组合
M展品						可供出售的投资
附件 N						美国抵押保险公司资本
附件 O						非通用会计原则财务指标的比率和调和


							附录 A

Essent集团有限公司及其子公司
未经审计的简化合并综合收益表


	截至9月30日的三个月				截至9月30日的九个月
2024年4月27日	2024		2023		2024		2023
营收：
实收保费	$	277,754	$	270,868	$	819,595	$	759,526
溢保费	(34,789)		(30,294)		(92,524)		(103,431)
净保险费	242,965		240,574		727,071		656,095
未赚取保险费减少	5,971		6,231		19,346		15,197
净保费收入	248,936		246,805		746,417		671,292
净投资收益	57,340		47,072		165,511		135,558
已实现投资收益（损失），净额	68		(235)		(2,236)		(2,312)
其他投资资产的收入（损失）	2,820		(3,143)		486		(10,697)
其他收入	7,414		5,609		17,699		18,641
总收入	316,578		296,108		927,877		812,482

损失和费用：
净损失和人身保险赔款准备	30,666		10,822		40,245		11,902
其他承保和营业费用	57,259		54,814		170,595		145,183
代理人保留的保费	9,622		13,175		29,328		13,175
利息支出	11,457		7,854		27,168		22,184
总损失和费用	109,004		86,665		267,336		192,444

税前收入	207,574		209,443		660,541		620,038
所得税费用	31,399		31,484		99,038		99,019
净收入	$	176,175	$	177,959	$	561,503	$	521,019


每股收益:
基本	$	1.67	$	1.68	$	5.32	$	4.90
稀释	1.65		1.66		5.26		4.86

加权平均股数：
基本	105,266		105,979		105,539		106,387
稀释	106,554		107,025		106,700		107,232

净收入	$	176,175	$	177,959	$	561,503	$	521,019

其他综合收益（损失）：
投资未实现升值（折旧）的变动	117,358		(76,248)		90,217		(53,593)
其他综合收益（损失）总额	117,358		(76,248)		90,217		(53,593)
综合收益	$	293,533	$	101,711	$	651,720	$	467,426


				Exhibit B

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


	September 30,			December 31,
(In thousands, except per share amounts)	2024			2023
Assets
Investments
Fixed maturities available for sale, at fair value	$	4,919,868		$	4,335,008
Short-term investments available for sale, at fair value	1,030,631			928,731
Total investments available for sale	5,950,499			5,263,739
Other invested assets	294,931			277,226
Total investments	6,245,430			5,540,965
Cash	109,306			141,787
Accrued investment income	40,453			35,689
Accounts receivable	54,394			63,266
Deferred policy acquisition costs	9,491			9,139
Property and equipment	41,221			41,304
Prepaid federal income tax	494,356			470,646
Goodwill and acquired intangible assets, net	69,907			72,826
Other assets	61,981			51,051
Total assets	$	7,126,539		$	6,426,673

Liabilities and Stockholders' Equity
Liabilities
Reserve for losses and LAE	$	288,316		$	260,095
Unearned premium reserve	120,939			140,285
Net deferred tax liability	410,761			362,753
Senior notes due 2029, net	493,673			—
Credit facility borrowings, net	—			421,920
Other accrued liabilities	171,865			139,070
Total liabilities	1,485,554			1,324,123

Commitments and contingencies

Stockholders' Equity
Common shares, $0.015 par value:
Authorized - 233,333; issued and outstanding - 106,204 shares in 2024 and 106,597 shares in 2023	1,593			1,599
Additional paid-in capital	1,276,572			1,299,869
Accumulated other comprehensive loss	(190,279)			(280,496)
Retained earnings	4,553,099			4,081,578
Total stockholders' equity	5,640,985			5,102,550

Total liabilities and stockholders' equity	$	7,126,539		$	6,426,673

Return on average equity (1)	13.9		%	14.6		%

(1) The 2024 return on average equity is calculated by dividing annualized year-to-date 2024 net income by average equity. The 2023 return on average equity is calculated by dividing full year 2023 net income by average equity.


													Exhibit C
Essent Group Ltd. and Subsidiaries
Supplemental Information
Consolidated Historical Quarterly Data

	2024									2023
Selected Income Statement Data	September 30			June 30			March 31			December 31			September 30
(In thousands, except per share amounts)
Revenues:


Net premiums earned:
U.S. Mortgage Insurance Portfolio	$	214,119		$	217,513		$	212,479		$	211,083		$	209,351
GSE and other risk share	17,130			17,745			17,826			17,166			16,850
Title insurance	17,687			16,633			15,285			17,365			20,604
Net premiums earned	248,936			251,891			245,590			245,614			246,805
Net investment income	57,340			56,086			52,085			50,581			47,072
Realized investment gains (losses), net	68			(1,164)			(1,140)			(4,892)			(235)
Income (loss) from other invested assets	2,820			(419)			(1,915)			(421)			(3,143)
Other income (1)	7,414			6,548			3,737			6,395			5,609
Total revenues	316,578			312,942			298,357			297,277			296,108

Losses and expenses:
Provision (benefit) for losses and LAE	30,666			(334)			9,913			19,640			10,822
Other underwriting and operating expenses	57,259			55,987			57,349			55,248			54,814
Premiums retained by agents	9,622			10,215			9,491			11,475			13,175
Interest expense	11,457			7,849			7,862			7,953			7,854
Total losses and expenses	109,004			73,717			84,615			94,316			86,665

Income before income taxes	207,574			239,225			213,742			202,961			209,443
Income tax expense (2)	31,399			35,616			32,023			27,594			31,484
Net income	$	176,175		$	203,609		$	181,719		$	175,367		$	177,959

Earnings per share:
Basic	$	1.67		$	1.93		$	1.72		$	1.66		$	1.68
Diluted	1.65			1.91			1.70			1.64			1.66

Weighted average shares outstanding:
Basic	105,266			105,657			105,697			105,733			105,979
Diluted	106,554			106,778			106,770			106,823			107,025

Book value per share	$	53.11		$	50.58		$	48.96		$	47.87		$	44.98
Return on average equity (annualized)	12.8		%	15.4		%	14.1		%	14.2		%	14.9		%






Borrowings outstanding	$	500,000		$	425,000		$	425,000		$	425,000		$	425,000
Undrawn committed capacity	$	500,000		$	400,000		$	400,000		$	400,000		$	400,000
Weighted average interest rate (end of period)	6.25		%	7.07		%	7.06		%	7.11		%	7.07		%
Debt-to-capital	8.14		%	7.32		%	7.52		%	7.69		%	8.12		%

(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 September 30, 2024, June 30, 2024, March 31, 2024, December 31, 2023, and September 30, 2023, were ($1,173), $732, ($1,902), $412, and ($898), respectively.
(2) Income tax expense for the quarters ended September 30, 2024, June 30, 2024, March 31, 2024, December 31, 2023, and September 30, 2023 includes $475, $556, ($1,041), ($1,132), and ($763), respectively, of discrete tax expense (benefit) associated with realized and unrealized gains and losses. Income tax expense for the quarter ended March 31, 2024 also includes ($616) of excess tax benefits associated with the vesting of common shares and common share units. Income tax expense for the quarter ended December 31, 2023 also includes a $2,731 net benefit associated with the recognition of a deferred tax asset for unrealized losses on the investment portfolios of Essent Group and Essent Re upon the enactment of the Bermuda Corporate Income Tax.


							Exhibit D
Essent Group Ltd. and Subsidiaries
Supplemental Information
U.S. Mortgage Insurance Portfolio Historical Quarterly Data


	2024						2023
Other Data:	September 30			June 30			March 31			December 31			September 30
($ in thousands)

U.S. Mortgage Insurance Portfolio

New insurance written	$	12,513,695		$	12,503,125		$	8,323,544		$	8,769,160		$	12,505,823
New risk written	3,437,465			3,449,623			2,289,508			2,409,340			3,458,467











Average insurance in force	$	242,065,632		$	239,538,571		$	238,595,268		$	239,005,961		$	237,270,093
Insurance in force (end of period)	$	242,976,043		$	240,669,165		$	238,477,402		$	239,078,262		$	238,661,612
Gross risk in force (end of period) (1)	$	66,237,992		$	65,269,064		$	64,247,810		$	64,061,374		$	63,605,057
Risk in force (end of period)	$	55,915,640		$	55,521,538		$	54,686,533		$	54,591,590		$	53,920,308
Policies in force	815,507			814,237			815,752			822,012			825,248
Weighted average coverage (2)	27.3		%	27.1		%	26.9		%	26.8		%	26.7		%
Annual persistency	86.6		%	86.7		%	86.9		%	86.9		%	86.6		%

Loans in default (count)	15,906			13,954			13,992			14,819			13,391
Percentage of loans in default	1.95		%	1.71		%	1.72		%	1.80		%	1.62		%

U.S. Mortgage Insurance Portfolio premium rate:
Base average premium rate (3)	0.41		%	0.41		%	0.41		%	0.40		%	0.40		%
Single premium cancellations (4)	—		%	—		%	—		%	—		%	—		%
Gross average premium rate	0.41		%	0.41		%	0.41		%	0.40		%	0.40		%
Ceded premiums	(0.06		%)	(0.05		%)	(0.05		%)	(0.05		%)	(0.05		%)
Net average premium rate	0.35		%	0.36		%	0.36		%	0.35		%	0.35		%


(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 cancellations is calculated by dividing annualized premiums on the cancellation of non-refundable single premium policies by average insurance in force for the period.


																			Exhibit E

Essent Group Ltd. and Subsidiaries
Supplemental Information - U.S. Mortgage Insurance Portfolio
New Insurance Written: Flow


NIW by Credit Score
	Three Months Ended						Nine Months Ended
	September 30, 2024					September 30, 2023						September 30, 2024						September 30, 2023
($ in thousands)
>=760	$	5,339,574		42.7	%		$	5,212,343		41.8	%		$	14,387,356		43.2	%		$	15,473,191		39.8	%
740-759	2,141,817			17.1			2,205,066			17.6			5,717,289			17.1			7,031,821			18.1
720-739	1,764,319			14.1			1,911,320			15.3			4,828,718			14.5			6,310,564			16.2
700-719	1,622,450			13.0			1,867,510			14.9			4,348,047			13.0			5,892,704			15.1
680-699	918,116			7.3			891,471			7.1			2,351,589			7.1			3,024,347			7.8
<=679	727,419			5.8			418,113			3.3			1,707,365			5.1			1,165,065			3.0
Total	$	12,513,695		100.0	%		$	12,505,823		100.0	%		$	33,340,364		100.0	%		$	38,897,692		100.0	%

Weighted average credit score	747						747						747						746



NIW by LTV
	Three Months Ended						Nine Months Ended
	September 30, 2024					September 30, 2023						September 30, 2024						September 30, 2023
($ in thousands)
85.00% and below	$	836,186		6.7	%		$	849,250		6.7	%		$	2,250,434		6.7	%		$	2,801,011		7.2	%
85.01% to 90.00%	2,415,504			19.3			2,445,924			19.6			6,571,300			19.7			7,951,062			20.4
90.01% to 95.00%	6,616,174			52.9			6,614,050			52.9			18,008,682			54.0			21,383,696			55.0
95.01% and above	2,645,831			21.1			2,596,599			20.8			6,509,948			19.6			6,761,923			17.4
Total	$	12,513,695		100.0	%		$	12,505,823		100.0	%		$	33,340,364		100.0	%		$	38,897,692		100.0	%

Weighted average LTV	93		%				93		%				93		%				93		%



NIW by Product
	Three Months Ended						Nine Months Ended
	September 30, 2024					September 30, 2023						September 30, 2024						September 30, 2023
Single Premium policies				1.4	%					2.8	%					1.5	%					3.8	%
Monthly Premium policies				98.6						97.2						98.5						96.2
				100.0	%					100.0	%					100.0	%					100.0	%



NIW by Purchase vs. Refinance
	Three Months Ended						Nine Months Ended
	September 30, 2024					September 30, 2023						September 30, 2024						September 30, 2023
Purchase				97.0	%					99.0	%					97.4	%					98.8	%
Refinance				3.0						1.0						2.6						1.2
				100.0	%					100.0	%					100.0	%					100.0	%


														Exhibit F

Essent Group Ltd. and Subsidiaries
Supplemental Information
Insurance in Force and Risk in Force - U.S. Mortgage Insurance Portfolio


Portfolio by Credit Score
IIF by FICO score	September 30, 2024					June 30, 2024					September 30, 2023
($ in thousands)
>=760	$	98,553,455		40.6	%	$	97,668,435		40.6	%	$	97,027,348		40.7	%
740-759	42,377,559			17.4		41,915,598			17.4		41,362,480			17.3
720-739	37,947,254			15.6		37,678,804			15.7		37,297,809			15.6
700-719	32,685,044			13.5		32,331,564			13.4		31,674,346			13.3
680-699	19,890,335			8.2		19,751,956			8.2		19,850,176			8.3
<=679	11,522,396			4.7		11,322,808			4.7		11,449,453			4.8
Total	$	242,976,043		100.0	%	$	240,669,165		100.0	%	$	238,661,612		100.0	%

Weighted average credit score	746					746					746

Gross RIF by FICO score	September 30, 2024					June 30, 2024					September 30, 2023
($ in thousands)
>=760	$	26,614,399		40.2	%	$	26,238,140		40.2	%	$	25,594,262		40.1	%
740-759	11,715,485			17.7		11,525,987			17.7		11,165,727			17.6
720-739	10,485,311			15.8		10,362,021			15.9		10,090,889			15.9
700-719	9,044,551			13.7		8,899,342			13.6		8,568,811			13.5
680-699	5,451,406			8.2		5,382,312			8.2		5,327,434			8.4
<=679	2,926,840			4.4		2,861,262			4.4		2,857,934			4.5
Total	$	66,237,992		100.0	%	$	65,269,064		100.0	%	$	63,605,057		100.0	%

Portfolio by LTV
IIF by LTV	September 30, 2024					June 30, 2024					September 30, 2023
($ in thousands)
85.00% and below	$	15,555,555		6.4	%	$	16,927,111		7.0	%	$	21,226,685		8.9	%
85.01% to 90.00%	61,262,960			25.2		61,774,991			25.7		63,374,562			26.6
90.01% to 95.00%	125,919,529			51.8		123,414,332			51.3		118,461,030			49.6
95.01% and above	40,237,999			16.6		38,552,731			16.0		35,599,335			14.9
Total	$	242,976,043		100.0	%	$	240,669,165		100.0	%	$	238,661,612		100.0	%

Weighted average LTV	93		%			93		%			93		%

Gross RIF by LTV	September 30, 2024					June 30, 2024					September 30, 2023
($ in thousands)
85.00% and below	$	1,845,584		2.8	%	$	2,010,864		3.1	%	$	2,525,753		4.0	%
85.01% to 90.00%	15,120,025			22.8		15,238,201			23.3		15,566,095			24.5
90.01% to 95.00%	37,149,222			56.1		36,405,573			55.8		34,848,762			54.8
95.01% and above	12,123,161			18.3		11,614,426			17.8		10,664,447			16.7
Total	$	66,237,992		100.0	%	$	65,269,064		100.0	%	$	63,605,057		100.0	%

Portfolio by Loan Amortization Period
IIF by Loan Amortization Period	September 30, 2024					June 30, 2024					September 30, 2023
($ in thousands)
FRM 30 years and higher	$	237,628,900		97.8	%	$	235,138,420		97.7	%	$	232,186,999		97.3	%
FRM 20-25 years	1,199,947			0.5		1,322,021			0.5		1,910,610			0.8
FRM 15 years	1,191,749			0.5		1,276,780			0.5		1,719,467			0.7
ARM 5 years and higher	2,955,447			1.2		2,931,944			1.3		2,844,536			1.2
Total	$	242,976,043		100.0	%	$	240,669,165		100.0	%	$	238,661,612		100.0	%


																							Exhibit H

Essent Group Ltd. and Subsidiaries
Supplemental Information
U.S. Mortgage Insurance Portfolio Vintage Data
September 30, 2024


								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		FICO < 700		FICO >= 760		Incurred Loss Ratio (Inception to Date) (1)		Number of Loans in Default	Percentage of Loans in Default

2010 - 2014	$	60,668,851	$	1,010,190	1.7	%	5,566	4.28	%	66.0	%	49.5	%	1.1	%	10.1	%	49.3	%	2.4	%	248	4.46	%
2015	26,193,656		870,740		3.3		5,028	4.29		76.8		60.9		5.7		18.1		40.0		2.2		235	4.67
2016	34,949,319		2,357,912		6.7		14,050	3.93		86.4		78.0		13.7		16.4		41.3		2.1		450	3.20
2017	43,858,322		3,784,941		8.6		23,293	4.30		90.8		80.4		23.8		21.4		36.4		3.1		1,037	4.45
2018	47,508,525		4,857,991		10.2		27,818	4.80		95.1		74.0		27.1		21.9		32.3		4.2		1,314	4.72
2019	63,569,183		10,717,480		16.9		52,219	4.24		89.1		71.7		25.7		18.9		35.1		3.7		1,687	3.23
2020	107,944,065		37,929,239		35.1		150,176	3.20		72.1		62.5		14.6		10.8		45.5		2.8		2,452	1.63
2021	84,218,250		53,029,350		63.0		177,048	3.10		89.0		66.1		16.6		13.8		40.4		6.1		3,420	1.93
2022	63,061,262		53,154,263		84.3		153,151	5.09		98.1		66.0		11.4		12.6		39.6		17.4		3,091	2.02
2023	47,666,852		43,012,414		90.2		121,053	6.64		98.8		72.8		18.6		11.0		38.7		18.1		1,732	1.43
2024 (through September 30)	33,340,364		32,251,523		96.7		86,105	6.84		97.4		73.8		20.0		12.4		42.4		10.1		240	0.28
Total	$	612,978,649	$	242,976,043	39.6		815,507	4.79		91.2		68.4		16.6		12.9		40.6		4.6		15,906	1.95

(1) Incurred loss ratio is calculated by dividing the sum of case reserves and cumulative amount paid for claims by cumulative net premiums earned.


																					Exhibit I
Essent Group Ltd. and Subsidiaries
Supplemental Information
U.S. Mortgage Insurance Portfolio Reinsurance Vintage Data
September 30, 2024
($ 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	$	25,750,186	$	6,963,249	$	557,911	$	220,532	$	—	$	278,956	$	277,985	$	2,091	$	6,564		$	160,822
Radnor Re 2021-2	Apr. 2021 - Sep. 2021	31,287,234		8,616,211		439,407		286,439		—		279,415		277,195		3,715		10,952			215,335
Radnor Re 2022-1	Oct. 2021 - Jul. 2022	28,815,017		7,856,567		237,868		191,938		—		303,761		301,278		3,825		11,478			176,583
Radnor Re 2023-1	Aug. 2022 - Jun. 2023	28,989,426		7,941,539		281,462		281,462		—		281,463		281,089		3,705		10,657			266,826
Radnor Re 2024-1	Jul. 2023 - Jul. 2024	30,359,933		8,387,056		363,366		363,366		—		256,495		256,495		472		472			363,366
Total		$	145,201,796	$	39,764,622	$	1,880,014	$	1,343,737	$	—	$	1,400,090	$	1,394,042	$	13,808	$	40,123	(5)	$	1,182,932



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)
XOL 2019-1	Jan. 2018 - Dec. 2018	$	4,811,623	$	1,266,631	$	118,650	$	76,144	$	—	$	253,643	$	244,294	$	641	$	1,868	$	—
XOL 2020-1	Jan. 2019 - Aug. 2019	6,026,073		1,591,126		55,102		30,592		—		215,605		212,208		263		809		—
XOL 2022-1	Oct. 2021 - Dec. 2022	65,149,106		17,727,315		141,992		141,992		—		507,114		500,886		1,611		4,797		138,001
XOL 2023-1	Jan. 2023 - Dec. 2023	38,402,550		10,637,649		36,627		36,627		—		366,270		366,141		439		1,306		35,232
XOL 2024-1	Jan. 2024 - Dec. 2024	32,177,995		8,864,366		46,537		46,537		—		265,931		265,931		528		528		44,765
Total		$	146,567,347	$	40,087,087	$	398,908	$	331,892	$	—	$	1,608,563	$	1,589,460	$	3,482	$	9,308	$	217,998


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	(4)	$	42,414,942	$	11,536,848	$	9,585,777	$	2,572,717	$	645	$	(146)	$	2,719	$	7,364	$	4,646	$	12,450	$	141,312
Jan. 2022 - Dec. 2022	20%	53,084,698		14,433,907		10,616,940		2,886,781		2,261		3,516		1,850		5,634		5,776		14,221		212,195
Jan. 2023 - Dec. 2023	17.5%	38,282,838		10,608,139		6,699,497		1,856,424		2,031		4,492		1,330		4,045		4,825		12,987		143,807
Jan. 2024 - Dec. 2024	15%	32,205,363		8,872,008		4,830,804		1,330,801		557		717		793		1,302		2,263		3,515		94,807
Total		$	165,987,841	$	45,450,902	$	31,733,018	$	8,646,723	$	5,494	$	8,579	$	6,692	$	18,345	$	17,510	$	43,173	$	592,121

(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) Reinsurance coverage on 40% of eligible single premium policies and 20% of all other eligible policies.
(5) Excludes ($11) and ($80) of benefit in ceded premium on retired ILNs for the three and nine months ended September 30, 2024, respectively.


					Exhibit J

Essent Group Ltd. and Subsidiaries
Supplemental Information
U.S. Mortgage Insurance Portfolio Geographic Data


IIF by State
	September 30, 2024		June 30, 2024		September 30, 2023
CA	12.5	%	12.7	%	13.0	%
FL	11.8		11.6		11.0
TX	10.9		10.8		10.5
CO	4.1		4.1		4.1
AZ	3.8		3.8		3.7
GA	3.7		3.6		3.4
WA	3.4		3.4		3.4
NC	3.0		3.0		2.8
OH	2.6		2.6		2.6
IL	2.6		2.7		2.8
All Others	41.6		41.7		42.7
Total	100.0	%	100.0	%	100.0	%



Gross RIF by State
	September 30, 2024		June 30, 2024		September 30, 2023
CA	12.5	%	12.6	%	12.9	%
FL	12.0		11.8		11.3
TX	11.2		11.1		10.8
CO	4.0		4.1		4.0
AZ	3.9		3.8		3.8
GA	3.8		3.7		3.5
WA	3.4		3.4		3.4
NC	3.0		3.0		2.9
OH	2.6		2.5		2.6
IL	2.5		2.6		2.8
All Others	41.1		41.4		42.0
Total	100.0	%	100.0	%	100.0	%


													Exhibit K

Essent Group Ltd. and Subsidiaries
Supplemental Information
Rollforward of Defaults and Reserve for Losses and LAE
U.S. Mortgage Insurance Portfolio

Rollforward of Insured Loans in Default
	Three Months Ended
	2024						2023
	September 30			June 30			March 31			December 31			September 30
Beginning default inventory	13,954			13,992			14,819			13,391			12,480
Plus: new defaults (A)	9,984			8,119			8,260			9,007			7,953
Less: cures	(7,819)			(7,956)			(8,951)			(7,418)			(6,902)
Less: claims paid	(182)			(183)			(123)			(148)			(129)
Less: rescissions and denials, net	(31)			(18)			(13)			(13)			(11)
Ending default inventory	15,906			13,954			13,992			14,819			13,391

(A) New defaults remaining as of September 30, 2024	7,189			3,198			1,665			1,309			806
Cure rate (1)	28		%	61		%	80		%	85		%	90		%

Total amount paid for claims (in thousands)	$	5,749		$	5,566		$	3,605		$	3,411		$	2,956
Average amount paid per claim (in thousands)	$	32		$	30		$	29		$	22		$	23
Severity	58		%	60		%	65		%	62		%	66		%

Rollforward of Reserve for Losses and LAE
	Three Months Ended
	2024						2023
($ in thousands)	September 30			June 30			March 31			December 31			September 30
Reserve for losses and LAE at beginning of period	$	246,107		$	253,565		$	245,402		$	226,617		$	216,888
Less: Reinsurance recoverables	26,022			26,570			24,005			20,656			17,958
Net reserve for losses and LAE at beginning of period	220,085			226,995			221,397			205,961			198,930
Add provision for losses and LAE occurring in:
Current period	51,649			30,653			39,396			38,922			35,609
Prior years	(21,836)			(31,880)			(30,062)			(19,912)			(25,533)
Incurred losses and LAE during the period	29,813			(1,227)			9,334			19,010			10,076
Deduct payments for losses and LAE occurring in:
Current period	637			478			1			330			156
Prior years	5,202			5,205			3,735			3,244			2,889
Loss and LAE payments during the period	5,839			5,683			3,736			3,574			3,045
Net reserve for losses and LAE at end of period	244,059			220,085			226,995			221,397			205,961
Plus: Reinsurance recoverables	30,867			26,022			26,570			24,005			20,656
Reserve for losses and LAE at end of period	$	274,926		$	246,107		$	253,565		$	245,402		$	226,617



(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 L
Essent Group Ltd. and Subsidiaries
Supplemental Information
Detail of Reserves by Default Delinquency
U.S. Mortgage Insurance Portfolio

	September 30, 2024
	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:
Three payments or less	8,293	52	%	$	53,849	21	%	$	627,505	9	%
Four to eleven payments	5,498	35		104,223		41		437,515		24
Twelve or more payments	1,980	12		86,821		35		144,396		60
Pending claims	135	1		8,620		3		9,692		89
Total case reserves	15,906	100	%	253,513		100	%	$	1,219,108	21	%
IBNR				19,013
LAE				2,400
Total reserves for losses and LAE				$	274,926

Average reserve per default:
Case				$	15.9
Total				$	17.3

Default Rate	1.95%


	December 31, 2023
	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:
Three payments or less	7,288	49	%	$	44,607	20	%	$	527,419	8	%
Four to eleven payments	5,421	37		97,424		43		417,876		23
Twelve or more payments	1,984	13		78,540		35		132,257		59
Pending claims	126	1		5,550		2		6,302		88
Total case reserves	14,819	100	%	226,121		100	%	$	1,083,854	21	%
IBNR				16,959
LAE				2,322
Total reserves for losses and LAE				$	245,402

Average reserve per default:
Case				$	15.3
Total				$	16.6

Default Rate	1.80%


	September 30, 2023
	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:
Three payments or less	6,383	48	%	$	38,412	18	%	$	448,039	9	%
Four to eleven payments	4,877	36		87,025		42		369,711		24
Twelve or more payments	1,989	15		77,369		37		126,317		61
Pending claims	142	1		6,076		3		6,924		88
Total case reserves	13,391	100	%	208,882		100	%	$	950,991	22	%
IBNR				15,666
LAE				2,069
Total reserves for losses and LAE				$	226,617

Average reserve per default:
Case				$	15.6
Total				$	16.9

Default Rate	1.62%


								Exhibit M

Essent Group Ltd. and Subsidiaries
Supplemental Information
Investments Available for Sale

Investments Available for Sale by Asset Class
Asset Class	September 30, 2024					December 31, 2023
($ in thousands)	Fair Value			Percent		Fair Value		Percent
U.S. Treasury securities	$	709,807		11.9	%	$	996,382	18.9	%
U.S. agency securities	—			—		7,195		0.1
U.S. agency mortgage-backed securities	1,051,308			17.7		821,346		15.6
Municipal debt securities	577,647			9.8		547,258		10.5
Non-U.S. government securities	72,971			1.2		67,447		1.3
Corporate debt securities	1,704,388			28.6		1,297,055		24.7
Residential and commercial mortgage securities	503,980			8.5		517,940		9.8
Asset-backed securities	548,076			9.2		564,995		10.7
Money market funds	782,322			13.1		444,121		8.4
Total investments available for sale	$	5,950,499		100.0	%	$	5,263,739	100.0	%

Investments Available for Sale by Credit Rating
Rating (1)	September 30, 2024					December 31, 2023
($ in thousands)	Fair Value			Percent		Fair Value		Percent
Aaa	$	2,541,407		49.2	%	$	2,561,363	53.2	%
Aa1	103,522			2.0		104,474		2.2
Aa2	286,304			5.5		291,501		6.0
Aa3	247,669			4.7		208,882		4.3
A1	510,486			9.9		377,188		7.8
A2	391,018			7.6		329,423		6.8
A3	424,218			8.2		253,081		5.3
Baa1	227,741			4.4		220,901		4.6
Baa2	200,539			3.9		226,449		4.7
Baa3	158,288			3.1		166,121		3.4
Below Baa3	76,985			1.5		80,235		1.7

Total (2)	$	5,168,177		100.0	%	$	4,819,618	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 $782,322 and $444,121 of money market funds at September 30, 2024 and December 31, 2023, respectively.

Investments Available for Sale by Duration and Book Yield
Effective Duration	September 30, 2024					December 31, 2023
($ in thousands)	Fair Value			Percent		Fair Value		Percent
< 1 Year	$	1,829,657		30.7	%	$	1,892,074	35.9	%
1 to < 2 Years	501,569			8.4		371,583		7.1
2 to < 3 Years	506,047			8.5		538,775		10.2
3 to < 4 Years	499,816			8.4		402,668		7.6
4 to < 5 Years	417,500			7.0		376,722		7.2
5 or more Years	2,195,910			37.0		1,681,917		32.0
Total investments available for sale	$	5,950,499		100.0	%	$	5,263,739	100.0	%

Pre-tax investment income yield:
Three months ended	3.81		%
Nine months ended September 30, 2024	3.77		%


														Exhibit N

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

		2024						2023
		September 30			June 30			March 31			December 31			September 30
($ in thousands)
U.S. Mortgage Insurance Subsidiaries:
Combined statutory capital (1)		$	3,584,580		$	3,530,462		$	3,453,553		$	3,376,117		$	3,309,522

Combined net risk in force (2)		$	34,893,957		$	34,812,227		$	34,463,082		$	34,549,500		$	34,203,678

Risk-to-capital ratios: (3)
	Essent Guaranty, Inc.	10.0:1			10.2:1			10.3:1			10.6:1			10.7:1
	Essent Guaranty of PA, Inc.	0.3:1			0.3:1			0.4:1			0.4:1			0.5:1
	Combined (4)	9.7:1			9.9:1			10.0:1			10.2:1			10.3:1

Essent Guaranty, Inc. PMIERs Data (5):
	Available Assets	$	3,598,725		$	3,513,609		$	3,464,119		$	3,379,936		$	3,318,179
	Minimum Required Assets	1,903,473			2,052,135			1,999,928			1,985,545			1,910,659
	PMIERs excess Available Assets	$	1,695,252		$	1,461,474		$	1,464,191		$	1,394,391		$	1,407,520
	PMIERs sufficiency ratio (6)	189		%	171		%	173		%	170		%	174		%

Essent Reinsurance Ltd.:
Stockholder's equity (GAAP basis)		$	1,826,901		$	1,793,777		$	1,793,005		$	1,758,665		$	1,684,122

Net risk in force (2)		$	23,003,846		$	22,770,165		$	22,271,316		$	22,043,926		$	21,739,419


(1) Combined statutory capital equals the sum of statutory capital of Essent Guaranty, Inc. plus Essent Guaranty of PA, Inc., after eliminating the impact of intercompany transactions. Statutory capital is computed based on accounting practices prescribed or permitted by the Pennsylvania Insurance Department and the National Association of Insurance Commissioners Accounting Practices and Procedures Manual.
(2) 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.
(3) The risk-to-capital ratio is calculated as the ratio of net risk in force to statutory capital.
(4) The combined risk-to-capital ratio equals the sum of the net risk in force of Essent Guaranty, Inc. and Essent Guaranty of PA, Inc. divided by the combined statutory capital.
(5) Data is based on our interpretation of the PMIERs as of the dates indicated.
(6) PMIERs sufficiency ratio is calculated by dividing Available Assets by Minimum Required Assets.


																Exhibit O
Essent Group Ltd. and Subsidiaries
Supplemental Information
Ratios and Reconciliation of Non-GAAP Financial Measures

	2024									2023
	September 30			June 30			March 31			December 31			September 30
Loss Ratio (1)	12.2		%	(0.1)		%	4.0		%	7.9		%	4.4		%
Expense Ratio (2)	26.5		%	26.1		%	27.1		%	27.0		%	27.3		%
Combined Ratio	38.7		%	26.0		%	31.1		%	34.9		%	31.7		%

Underwriting Margin (3)	61.3		%	74.0		%	68.9		%	65.1		%	68.3		%

We believe that loss, expense and combined ratios are important measures of our financial performance. As a result of the July 1, 2023 acquisition of Agents National Title and Boston National Title (collectively "Title"), the consolidated loss, expense and combined ratios ("Consolidated Ratios") for the nine months ended September 30, 2024 lack comparability with periods prior to the acquisition. In order to provide investors with more comparative information to prior periods, Essent has prepared the table below to reconcile the Consolidated Ratios to ratios excluding Title, as shown below. Ratios excluding Title are financial measures that are not calculated under standards or rules that comprise accounting principles generally accepted in the United States (GAAP) and are referred to as non-GAAP measures. Ratios excluding Title are measures used to monitor our results and should not be viewed as a substitute for those measures determined in accordance with GAAP. The following table sets forth the reconciliation of the loss, expense and combined ratios excluding Title to the most comparable GAAP amount for the three and nine months ended September 30, 2024 in accordance with Regulation G:

	Three Months Ended September 30, 2024									Nine Months Ended September 30, 2024
	Consolidated			Title			Excluding Title			Consolidated			Title			Excluding Title
($ in thousands)
Revenues:




Net premiums earned	$	248,936		$	17,687		$	231,249		$	746,417		$	49,604		$	696,813
Net investment income	57,340			809			56,531			165,511			2,365			163,146
Realized investment gains (losses), net	68			—			68			(2,236)			—			(2,236)
Income from other invested assets	2,820			—			2,820			486			—			486
Settlement services (4)	3,237			3,237			—			6,074			6,074			—
Other income	4,177			473			3,704			11,625			1,354			10,271
Total revenues	316,578			22,206			294,372			927,877			59,397			868,480

Losses and expenses:
Provision for losses and LAE	30,666			850			29,816			40,245			2,317			37,928
Other underwriting and operating expenses (5)	57,259			14,845			42,414			170,595			39,564			131,031
Premiums retained by agents	9,622			9,622			—			29,328			29,328			—
Interest expense	11,457			—			11,457			27,168			—			27,168
Total losses and expenses	109,004			25,317			83,687			267,336			71,209			196,127





















Loss ratio (1)	12.2		%	4.1		%	12.9		%	5.3		%	4.2		%	5.4		%
Expense ratio (2)	26.5		%	116.9		%	18.3		%	26.6		%	123.7		%	18.8		%
Combined ratio	38.7		%	121.0		%	31.2		%	31.9		%	127.9		%	24.2		%

Underwriting Margin (3)	61.3		%	(21.0		%)	68.8		%	68.1		%	(27.9		%)	75.8		%

(1) Loss ratio is calculated by dividing the provision for losses and LAE by the sum of net premiums earned and settlement services revenue, if applicable.
(2) Expense ratio is calculated by dividing the sum of other underwriting and operating expenses and premiums retained by agents by the sum of net premiums earned and settlement services revenue, if applicable.
(3) Calculated as the inverse of the combined ratio.
(4) Settlement services revenue is included in "Other income" within Exhibit A and Exhibit C.
(5) Title expenses reflect only direct expenses of Title operations and do not include corporate or centralized support expense allocations.


Holding company net cash and investments available for sale:
($ in thousands)
As of September 30, 2024	$	991,151
As of December 31, 2023	$	693,507


														Exhibit G

Essent Group Ltd. and Subsidiaries
Supplemental Information
Other Risk in Force

	2024									2023
($ in thousands)	September 30			June 30			March 31				December 31			September 30
GSE and other risk share (1):


Risk in Force	$	2,254,726		$	2,304,885		$	2,307,267			$	2,244,944		$	2,247,393
Reserve for losses and LAE	$	37		$	33		$	32			$	29		$	54

Weighted average credit score	750			750			750				749			749
Weighted average LTV	82		%	82		%	82		%		82		%	82		%

(1) GSE and other risk share includes GSE risk share and other reinsurance transactions. Essent Reinsurance Ltd. ("Essent Re") provides insurance or reinsurance relating to the risk in force on loans in reference pools acquired by Freddie Mac and Fannie Mae.