Enact Holdings, Inc. (ACT) company profile

Enact Holdings, Inc. provides private residential mortgage insurance and related reinsurance solutions within the housing finance system of the United States. Its primary business involves issuing mortgage guaranty insurance on low down payment loans, protecting residential mortgage lenders and investors from losses caused by borrower nonpayment. The company also offers pool mortgage insurance, contract underwriting services, and reinsurance coverage through its operating subsidiaries. Enact serves a diversified customer base of approximately 1,600 mortgage originators, including national commercial banks, non-bank mortgage lenders, local mortgage bankers, community banks, and credit unions.

The company conducts business across all fifty United States and the District of Columbia. Enact operates primarily through its subsidiary Enact Mortgage Insurance Corporation, maintains an offshore reinsurance entity in Bermuda, and manages an immaterial run-off insurance portfolio tied to reference properties in Mexico. The provided text notes that Enact Holdings was incorporated in Delaware, but it does not state the city or location of its corporate headquarters.

Summary of the business section of Enact's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“The initial public offering price of our common stock is $19.00 per share.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“As of December 31, 2025, we had 419 full-time employees, all of whom work in the United States.”