Enact enters quota share reinsurance deal, cedes about 35% of 2028 new insurance written
ACT•Enact Holdings entered a forward quota share reinsurance deal with reinsurers rated A- or better, agreeing to cede about 35% of a portion of expected new insurance written in 2028.
1. Reinsurance agreement
The agreement extends Enact’s credit risk transfer program and shifts mortgage insurance exposure to third-party capital.
