Enact Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 28, 2025
ACT$46.20-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 2024 and
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| (Amounts in thousands, except per share amounts) | 2024 | 2023 |
| Assets | ||
| Fixed maturity securities available-for-sale, at fair value (amortized cost $5,876,502 and $5,559,886 as of December 31, 2024 and 2023, respectively) | $5,624,773 | $5,266,141 |
| Short-term investments | 3,367 | 20,219 |
| Total investments | 5,628,140 | 5,286,360 |
| Cash and cash equivalents | 599,432 | 615,683 |
| Accrued investment income | 49,595 | 41,559 |
| Deferred acquisition costs | 23,771 | 25,006 |
| Premiums receivable | 53,031 | 45,070 |
| Other assets | 102,549 | 88,306 |
| Deferred tax asset | 65,013 | 88,489 |
| Total assets | $6,521,531 | $6,190,473 |
| Liabilities and equity | ||
| Liabilities: | ||
| Loss reserves | $524,715 | $518,191 |
| Unearned premiums | 114,680 | 149,330 |
| Other liabilities | 142,990 | 145,189 |
| Long-term borrowings | 743,050 | 745,416 |
| Total liabilities | 1,525,435 | 1,558,126 |
| Equity: | ||
| Common stock, $0.01 par value; 600,000 shares authorized; 152,318 and 159,344 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 1,523 | 1,593 |
| Additional paid-in capital | 2,076,788 | 2,310,891 |
| Accumulated other comprehensive income | (207,455) | (230,400) |
| Retained earnings | 3,125,240 | 2,550,263 |
| Total equity | 4,996,096 | 4,632,347 |
| Total liabilities and equity | $6,521,531 | $6,190,473 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.