Enact Holdings, Inc.: directors' dealings · United States · SEC (Form 4)

About Enact Holdings, Inc.

Enact Holdings, Inc. (ticker: ACT) is a U.S.-based specialty insurance company listed on the NASDAQ market in the United States. For francophone investors, the company is best understood as a focused mortgage insurance franchise rather than a broad financial conglomerate. Enact operates primarily through its wholly owned subsidiary Enact Mortgage Insurance Corporation, and its core business is private mortgage insurance, a product that protects lenders when borrowers make lower down payments. In effect, this coverage reduces credit risk for lenders and supports access to home financing in the U.S. residential housing market. The company’s operating history dates back to 1981, when its mortgage insurance business began. The Enact brand was introduced in 2021 as part of a rebranding of the former Genworth Mortgage Holdings platform. The company is headquartered in Raleigh, North Carolina, which places it within a major U.S. financial and insurance hub with close proximity to mortgage lenders and housing finance counterparties. Enact’s business model centers on private mortgage insurance, supported by several related capabilities: primary insurance on newly originated loans, underwriting expertise, risk management, lender services, and risk-transfer solutions such as reinsurance. Management emphasizes a combination of pricing discipline, capital management, and customer service. In practical terms, the company’s earnings power is linked to the level of mortgage originations, the direction of interest rates, housing affordability, credit quality, and Enact’s ability to defend or expand market share. From a competitive standpoint, Enact is one of the leading private mortgage insurers in the United States. The sector is concentrated but highly competitive, with pricing, underwriting rigor, service quality, and capital strength playing a major role in winning lender relationships. Enact positions itself as a long-term partner to lenders and highlights its experience across multiple housing cycles, which is important in a business where loss performance can vary meaningfully over time. Recent company updates have remained centered on earnings and capital deployment. Enact reported first-quarter 2025 results, second-quarter 2025 results, third-quarter 2025 results with a quarterly dividend of $0.21 per share, and fourth-quarter/full-year 2025 results. Across these releases, the company emphasized portfolio growth, risk discipline, reinsurance activity, and shareholder returns through dividends and share repurchases. For investors, Enact remains a specialized insurance name with exposure to the U.S. housing cycle, but also with a relatively transparent business model and a long operating record in mortgage insurance.