Enact Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
ACT$46.20-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| (Amounts in thousands, except per share amounts) | 2023 | 2022 |
| Assets | ||
| Fixed maturity securities available-for-sale, at fair value (amortized cost $5,559,886 and $5,371,673 as of December 31, 2023 and 2022, respectively) | $5,266,141 | $4,884,760 |
| Short-term investments | 20,219 | 3,047 |
| Total investments | 5,286,360 | 4,887,807 |
| Cash and cash equivalents | 615,683 | 513,775 |
| Accrued investment income | 41,559 | 35,844 |
| Deferred acquisition costs | 25,006 | 26,121 |
| Premiums receivable | 45,070 | 41,738 |
| Other assets | 88,306 | 76,391 |
| Deferred tax asset | 88,489 | 127,473 |
| Total assets | $6,190,473 | $5,709,149 |
| Liabilities and equity | ||
| Liabilities: | ||
| Loss reserves | $518,191 | $519,008 |
| Unearned premiums | 149,330 | 202,717 |
| Other liabilities | 145,189 | 143,686 |
| Long-term borrowings | 745,416 | 742,830 |
| Total liabilities | 1,558,126 | 1,608,241 |
| Equity: | ||
| Common stock, $0.01 par value; 600,000 shares authorized; 159,344 and 162,779 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 1,593 | 1,628 |
| Additional paid-in capital | 2,310,891 | 2,382,068 |
| Accumulated other comprehensive income | (230,400) | (382,744) |
| Retained earnings | 2,550,263 | 2,099,956 |
| Total equity | 4,632,347 | 4,100,908 |
| Total liabilities and equity | $6,190,473 | $5,709,149 |
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