Form 8-K

8-K — Essent Group Ltd.

Accession: 0001448893-26-000013

Filed: 2026-05-08

Period: 2026-05-08

CIK: 0001448893

SIC: 6351 (SURETY INSURANCE)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — esnt-20260508.htm (Primary)

EX-99.1 (a33126financialsupplement.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: esnt-20260508.htm · Sequence: 1

esnt-20260508

0001448893false00014488932026-05-082026-05-08

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of Earliest Event Reported): May 8, 2026

ESSENT GROUP LTD.

(Exact name of registrant as specified in its charter)

Bermuda 001-36157 Not Applicable

(State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

Clarendon House

2 Church Street

Hamilton HM11, Bermuda

(Address of Principal Executive Offices and Zip Code)

(441) 297‑9901

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition

period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading

Symbol(s) Name of each exchange on which registered

Common Shares, $0.015 par value ESNT New York Stock Exchange

Item 2.02. Results of Operations and Financial Condition

On May 8, 2026, Essent Group Ltd. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of this press release is furnished as Exhibit 99.1 to this report.

The information in this report, including Exhibit 99.1, has been “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section. The information in this report shall not be incorporated by reference into any filing or other document under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing or document.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit

No. Description

104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

99.1

Press Release issued by Essent Group Ltd. on May 8, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 8, 2026

ESSENT GROUP LTD.

By: /s/ David B. Weinstock

Name: David B. Weinstock

Title: Senior Vice President and Chief Financial Officer

EX-99.1

Filename: a33126financialsupplement.htm · Sequence: 2

Document

Exhibit 99.1

Essent Group Ltd. Announces First Quarter 2026 Results and Declares Quarterly Dividend

HAMILTON, Bermuda, May 8, 2026--Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended March 31, 2026 of $171.8 million or $1.82 per diluted share, compared to $175.4 million or $1.69 per diluted share for the quarter ended March 31, 2025.

Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share. The dividend is payable on June 10, 2026 to shareholders of record on June 1, 2026.

“We are pleased with our first quarter 2026 financial results, which continued to benefit from favorable credit trends and the impact of interest rates on both persistency and investment income,” said Mark A. Casale, Chairman and Chief Executive Officer. “The strong cash flow generation from our core mortgage insurance business and the strength of our buy, manage and distribute operating model have enabled us to take a balanced approach to capital management.”

Financial Highlights:

•Mortgage new insurance written for the first quarter of 2026 was $11.1 billion, compared to $11.8 billion in the fourth quarter of 2025 and $9.9 billion in the first quarter of 2025.

•Mortgage insurance in force as of March 31, 2026 was $247.9 billion, compared to $248.4 billion as of December 31, 2025 and $244.7 billion as of March 31, 2025.

•Net investment income for the first quarter of 2026 was $59.3 million, compared to $58.2 million in the first quarter of 2025.

•During the first quarter of 2026, Essent Guaranty entered into an excess of loss reinsurance transaction with a panel of highly rated third-party reinsurers providing forward protection, effective July 1, 2027, for business written in calendar year 2027.

•Year-to-date through April 30, 2026, Essent repurchased approximately 3.5 million common shares for over $214 million.

Conference Call:

Essent management will hold a conference call at 10:00 AM Eastern time today to discuss its results. The conference call will be broadcast live over the Internet at http://ir.essentgroup.com/events-and-presentations/events/default.aspx. The call may also be accessed by dialing 888-330-2384 inside the U.S., or 240-789-2701 for international callers, using passcode 9824537 or by referencing Essent.

A replay of the webcast will be available on the Essent website approximately two hours after the live broadcast ends for a period of one year. A replay of the conference call will be available approximately two hours after the call ends for a period of two weeks, using the following dial-in numbers and passcode: 800-770-2030 inside the U.S., or 647-362-9199 for international callers, passcode 9824537.

In addition to the information provided in the Company's earnings news release, other statistical and financial information, which may be referred to during the conference call, will be available on Essent's website at http://ir.essentgroup.com/financials/quarterly-results/default.aspx.

Forward-Looking Statements:

This press release may include “forward-looking statements” which are subject to known and unknown risks and uncertainties, many of which may be beyond our control. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," “should,” “expect,” "plan," "anticipate," "believe," “estimate,” “predict,” or "potential" or the negative thereof or variations thereon or similar terminology. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors. Although it is not possible to identify all of these risks and factors, they include, among others, the following: changes in or to Fannie Mae and Freddie Mac (the “GSEs”), whether through Federal legislation, restructurings or a shift in business practices; failure to continue to meet the mortgage insurer eligibility requirements of the GSEs; competition for customers or the loss of a significant customer; lenders or investors seeking alternatives to private mortgage insurance; an increase in the number of loans insured through Federal government mortgage insurance programs; decline in the volume of low down payment mortgage originations; uncertainty of loss reserve estimates; decrease in the length of time our insurance policies are in force; deteriorating economic conditions; and other risks and factors described in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission on February 18, 2026, as subsequently updated through other reports we file with the Securities and Exchange Commission. Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

About the Company:

Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, “Essent”) offering private mortgage insurance, reinsurance, and title insurance and settlement services to serve the housing finance industry. Additional information regarding Essent may be found at www.essentgroup.com.

Source: Essent Group Ltd.

Media Contact

610.230.0556

media@essentgroup.com

Investor Relations Contact

Philip Stefano

Vice President, Investor Relations

855-809-ESNT

ir@essentgroup.com

Essent Group Ltd. and Subsidiaries

Financial Results and Supplemental Information (Unaudited)

Quarter Ended March 31, 2026

Exhibit A Condensed Consolidated Statements of Comprehensive Income (Unaudited)

Exhibit B Condensed Consolidated Balance Sheets (Unaudited)

Exhibit C Consolidated Historical Quarterly Data (Unaudited)

Exhibit D Year to Date Segment Results (Unaudited)

Exhibit E Historical Quarterly Segment Information (Unaudited)

Exhibit F Mortgage Insurance - Historical Quarterly Data

Exhibit G Mortgage Insurance - New Insurance Written

Exhibit H Mortgage Insurance - Insurance in Force and Risk in Force

Exhibit I Mortgage Insurance - Vintage Data

Exhibit J Mortgage Insurance - Outward Reinsurance Vintage Data

Exhibit K Mortgage Insurance - Geographic Data

Exhibit L Mortgage Insurance - Rollforward of Defaults and Reserve for Losses and LAE

Exhibit M Mortgage Insurance - Detail of Reserves by Default Delinquency

Exhibit N U.S. Mortgage Insurance Company Capital

Exhibit O Reinsurance

Exhibit P Cash & Investments

Exhibit A

Essent Group Ltd. and Subsidiaries

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

Three Months Ended March 31,

(In thousands, except per share amounts) 2026 2025

Revenues:

Gross premiums written $ 431,232 $ 272,394

Ceded premiums (36,563) (34,123)

Net premiums written 394,669 238,271

(Increase) decrease in unearned premiums (134,576) 7,577

Net premiums earned 260,093 245,848

Net investment income 59,255 58,210

Realized investment gains (losses), net (147) (181)

Income from other invested assets 10,179 7,408

Other income 6,692 6,273

Total revenues 336,072 317,558

Losses and expenses:

Provision for losses and LAE 48,216 31,287

Other underwriting and operating expenses 72,983 71,124

Interest expense 8,148 8,148

Total losses and expenses 129,347 110,559

Income before income taxes 206,725 206,999

Income tax expense 34,926 31,566

Net income $ 171,799 $ 175,433

Earnings per share:

Basic $ 1.83 $ 1.71

Diluted 1.82 1.69

Weighted average shares outstanding:

Basic 93,818 102,881

Diluted 94,572 103,946

Net income $ 171,799 $ 175,433

Other comprehensive income:

Unrealized appreciation (depreciation) of investments (35,951) 71,738

Comprehensive income $ 135,848 $ 247,171

Exhibit B

Essent Group Ltd. and Subsidiaries

Condensed Consolidated Balance Sheets (Unaudited)

March 31, December 31,

(In thousands, except per share amounts) 2026 2025

Assets

Investments

Fixed maturities available for sale, at fair value $ 5,425,210 $ 5,455,593

Short-term investments available for sale, at fair value 623,034 648,492

Total investments available for sale 6,048,244 6,104,085

Other invested assets 394,290 382,513

Total investments 6,442,534 6,486,598

Cash 128,262 123,049

Accrued investment income 44,875 47,371

Accounts receivable 144,121 51,267

Deferred policy acquisition costs 56,901 9,547

Property, equipment and software, net 48,297 49,189

Prepaid federal income tax 513,425 513,425

Goodwill and acquired intangible assets, net 77,802 78,153

Other assets 113,551 82,404

Total assets $ 7,569,768 $ 7,441,003

Liabilities and Stockholders' Equity

Liabilities

Reserve for losses and LAE $ 485,666 $ 446,822

Unearned premium reserve 226,306 91,730

Net deferred tax liability 452,552 465,351

Senior notes due 2029, net 495,637 495,301

Other accrued liabilities 213,105 185,072

Total liabilities 1,873,266 1,684,276

Commitments and contingencies

Stockholders' Equity

Common shares, $0.015 par value:

Authorized - 233,333; issued and outstanding - 93,073 shares in 2026 and 95,456 shares in 2025 1,396 1,432

Additional paid-in capital 486,672 649,895

Accumulated other comprehensive loss (187,936) (151,985)

Retained earnings 5,396,370 5,257,385

Total stockholders' equity 5,696,502 5,756,727

Total liabilities and stockholders' equity $ 7,569,768 $ 7,441,003

Return on average equity (1) 12.0 % 12.1 %

(1) The 2026 return on average equity is calculated by dividing annualized year-to-date 2026 net income by average equity. The 2025 return on average equity is calculated by dividing full year 2025 net income by average equity.

Exhibit C

Essent Group Ltd. and Subsidiaries

Supplemental Information

Consolidated Historical Quarterly Data (Unaudited)

2026 2025

March 31 December 31 September 30 June 30 March 31

(In thousands, except per share amounts)

Revenues:

Net premiums earned $ 260,093 $ 242,729 $ 246,332 $ 248,809 $ 245,848

Net investment income 59,255 59,223 59,795 59,289 58,210

Realized investment gains (losses), net (147) (188) (425) (129) (181)

Income from other invested assets 10,179 3,942 1,770 4,466 7,408

Other income (1)

6,692 6,698 4,358 6,708 6,273

Total revenues 336,072 312,404 311,830 319,143 317,558

Losses and expenses:

Provision for losses and LAE 48,216 56,073 44,922 17,055 31,287

Other underwriting and operating expenses 72,983 63,653 59,498 62,765 71,124

Interest expense 8,148 8,149 8,251 8,148 8,148

Total losses and expenses 129,347 127,875 112,671 87,968 110,559

Income before income taxes 206,725 184,529 199,159 231,175 206,999

Income tax expense (2)

34,926 29,547 34,944 35,836 31,566

Net income $ 171,799 $ 154,982 $ 164,215 $ 195,339 $ 175,433

Earnings per share:

Basic $ 1.83 $ 1.62 $ 1.69 $ 1.95 $ 1.71

Diluted 1.82 1.60 1.67 1.93 1.69

Weighted average shares outstanding:

Basic 93,818 95,772 97,400 100,037 102,881

Diluted 94,572 96,664 98,519 101,059 103,946

Book value per share $ 61.20 $ 60.31 $ 58.86 $ 56.98 $ 55.22

Return on average equity (annualized) 12.0 % 10.8 % 11.5 % 13.8 % 12.5 %

Senior debt & credit facility:

Borrowings outstanding $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 500,000

Undrawn committed capacity $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 500,000

Weighted average interest rate (end of period)

6.25 % 6.25 % 6.25 % 6.25 % 6.25 %

Debt-to-capital 8.07 % 7.99 % 8.01 % 8.10 % 8.12 %

Cash and investments available for sale at the holding companies $ 1,144,112 $ 1,268,579 $ 1,038,747 $ 995,032 $ 1,016,368

(1) Other income includes net favorable (unfavorable) changes in the fair value of embedded derivatives associated with certain of our third-party reinsurance agreements, which for the quarters ended March 31, 2026, December 31, 2025, September 30, 2025, June 30, 2025, and March 31, 2025, were $37, ($526), ($858), ($29) and ($150), respectively.

(2) Income tax expense for the quarters ended March 31, 2026, December 31, 2025, September 30, 2025, June 30, 2025, and March 31, 2025 includes $2,407, $366, $493, $1,112, and $1,561, respectively, of discrete tax expense associated with realized and unrealized gains. Income tax expense for the quarters ended December 31, 2025 and September 30, 2025 also include ($396) and ($828), respectively, of discrete tax benefits associated with prior year tax returns. Income tax expense for the quarters ended March 31, 2026 and March 31, 2025 also include ($1,067) and ($742), respectively, of excess tax benefits associated with the vesting of common shares and common share units.

Exhibit D

Essent Group Ltd. and Subsidiaries

Supplemental Information

Year to Date Segment Results (Unaudited)

The following tables set forth comparative annual financial information for our two reportable business segments, Mortgage Insurance and Reinsurance, our Corporate & Other category and our consolidated results for the three months ended March 31, 2026 and 2025 (unaudited). Our Corporate & Other category is used to reconcile our reportable business segments to consolidated results and includes business activities associated with our title insurance operations, income and losses from holding company treasury operations, and general corporate operating expenses not attributable to our operating segments.

Three Months Ended March 31, 2026 Three Months Ended March 31, 2025

(In thousands) Mortgage Insurance Reinsurance Corporate & Other Consolidated Mortgage Insurance Reinsurance Corporate & Other Consolidated

Revenues:

Net premiums earned $ 215,663 $ 29,310 $ 15,120 $ 260,093 $ 218,124 $ 15,734 $ 11,990 $ 245,848

Net investment income 42,357 4,670 12,228 59,255 42,790 4,840 10,580 58,210

Realized investment gains (losses), net (188) — 41 (147) (101) — (80) (181)

Income from other invested assets 5,762 — 4,417 10,179 3,209 — 4,199 7,408

Other income 1,743 1,971 2,978 6,692 1,548 2,953 1,772 6,273

Total revenues 265,337 35,951 34,784 336,072 265,570 23,527 28,461 317,558

Losses and expenses:

Provision for losses and LAE 37,620 9,929 667 48,216 30,720 3 564 31,287

Compensation and benefits 16,617 2,185 17,853 36,655 18,610 1,280 19,802 39,692

Premium and other taxes 5,992 18 436 6,446 5,564 11 1,328 6,903

Acquisition costs, net (3)

(7,378) 6,742 — (636) (6,430) 357 — (6,073)

Other underwriting and operating expenses 10,834 980 18,704 30,518 10,390 809 19,403 30,602

Net operating expenses before allocations 26,065 9,925 36,993 72,983 28,134 2,457 40,533 71,124

Corporate expense allocations 11,542 551 (12,093) — 12,804 210 (13,014) —

Operating expenses after allocations 37,607 10,476 24,900 72,983 40,938 2,667 27,519 71,124

Interest expense — — 8,148 8,148 — — 8,148 8,148

Income (loss) before income taxes $ 190,110 $ 15,546 $ 1,069 $ 206,725 $ 193,912 $ 20,857 $ (7,770) $ 206,999

Loss ratio (1) 17.4 % 33.9 % 14.1 % — %

Expense ratio (2) 17.4 % 35.7 % 18.8 % 17.0 %

Combined ratio 34.8 % 69.6 % 32.9 % 17.0 %

(1) Loss ratio is calculated by dividing the provision for losses and LAE by net premiums earned.

(2) Expense ratio is calculated by dividing operating expenses after allocations by net premiums earned.

(3) Acquisition costs are net of ceding commissions earned on outward reinsurance and include ceding commissions incurred on reinsurance assumed.

Exhibit E

Essent Group Ltd. and Subsidiaries

Supplemental Information

Historical Quarterly Segment Information

(Unaudited)

Mortgage Insurance

2026 2025

March 31 December 31 September 30 June 30 March 31

($ in thousands)

Revenues:

Net premiums earned $ 215,663 $ 212,674 $ 215,683 $ 220,262 $ 218,124

Net investment income 42,357 43,627 44,265 43,676 42,790

Realized investment gains (losses), net (188) (218) (427) (124) (101)

Income (loss) from other invested assets 5,762 2,044 (605) 3,619 3,209

Other income 1,743 1,149 800 1,614 1,548

Total revenues 265,337 259,276 259,716 269,047 265,570

Losses and expenses:

Provision for losses and LAE 37,620 55,160 44,170 15,323 30,720

Compensation and benefits 16,617 14,727 15,388 15,667 18,610

Premium and other taxes 5,992 6,038 6,010 5,984 5,564

Acquisition costs, net (3)

(7,378) (7,234) (7,057) (6,770) (6,430)

Other underwriting and operating expenses 10,834 11,523 9,735 9,744 10,390

Net operating expenses before allocations 26,065 25,054 24,076 24,625 28,134

Corporate expense allocations 11,542 9,213 7,081 8,979 12,804

Operating expenses after allocations 37,607 34,267 31,157 33,604 40,938

Income before income taxes $ 190,110 $ 169,849 $ 184,389 $ 220,120 $ 193,912

Loss ratio (1) 17.4 % 25.9 % 20.5 % 7.0 % 14.1 %

Expense ratio (2) 17.4 % 16.1 % 14.4 % 15.3 % 18.8 %

Combined ratio 34.8 % 42.0 % 34.9 % 22.3 % 32.9 %

(1) Loss ratio is calculated by dividing the provision for losses and LAE by net premiums earned.

(2) Expense ratio is calculated by dividing operating expenses after allocations by net premiums earned.

(3) Acquisition costs are net of ceding commissions earned on outward reinsurance and include ceding commissions incurred on reinsurance assumed.

Exhibit E, continued

Essent Group Ltd. and Subsidiaries

Supplemental Information

Historical Quarterly Segment Information (Unaudited)

Reinsurance

2026 2025

March 31 December 31 September 30 June 30 March 31

($ in thousands)

Revenues:

Net premiums earned $ 29,310 $ 14,696 $ 16,304 $ 13,875 $ 15,734

Net investment income 4,670 4,913 5,302 5,216 4,840

Realized investment gains, net — 6 — — —

Other income 1,971 2,255 1,591 1,909 2,953

Total revenues 35,951 21,870 23,197 21,000 23,527

Losses and expenses:

Provision for losses and LAE 9,929 206 65 36 3

Compensation and benefits 2,185 961 1,180 1,126 1,280

Premium and other taxes 18 17 8 16 11

Acquisition costs, net (3)

6,742 763 487 285 357

Other underwriting and operating expenses 980 996 890 959 809

Net operating expenses before allocations 9,925 2,737 2,565 2,386 2,457

Corporate expense allocations 551 516 502 263 210

Operating expenses after allocations 10,476 3,253 3,067 2,649 2,667

Income before income taxes $ 15,546 $ 18,411 $ 20,065 $ 18,315 $ 20,857

Loss ratio (1) 33.9 % 1.4 % 0.4 % 0.3 % — %

Expense ratio (2) 35.7 % 22.1 % 18.8 % 19.1 % 17.0 %

Combined ratio 69.6 % 23.5 % 19.2 % 19.4 % 17.0 %

(1) Loss ratio is calculated by dividing the provision for losses and LAE by net premiums earned.

(2) Expense ratio is calculated by dividing operating expenses after allocations by net premiums earned.

(3) Acquisition costs are net of ceding commissions earned on outward reinsurance and include ceding commissions incurred on reinsurance assumed.

Exhibit E, continued

Essent Group Ltd. and Subsidiaries

Supplemental Information

Historical Quarterly Segment Information

(Unaudited)

Corporate & Other

2026 2025

March 31 December 31 September 30 June 30 March 31

($ in thousands)

Revenues:

Net premiums earned $ 15,120 $ 15,359 $ 14,345 $ 14,672 $ 11,990

Net investment income 12,228 10,683 10,228 10,397 10,580

Realized investment gains (losses), net 41 24 2 (5) (80)

Income from other invested assets 4,417 1,898 2,375 847 4,199

Other income 2,978 3,294 1,967 3,185 1,772

Total revenues 34,784 31,258 28,917 29,096 28,461

Losses and expenses:

Provision for losses and LAE 667 707 687 1,696 564

Compensation and benefits 17,853 14,675 12,608 13,926 19,802

Premium and other taxes 436 446 (88) 495 1,328

Other underwriting and operating expenses 18,704 20,741 20,337 21,333 19,403

Net operating expenses before allocations 36,993 35,862 32,857 35,754 40,533

Corporate expense allocations (12,093) (9,729) (7,583) (9,242) (13,014)

Operating expenses after allocations 24,900 26,133 25,274 26,512 27,519

Interest expense 8,148 8,149 8,251 8,148 8,148

Income (loss) before income taxes $ 1,069 $ (3,731) $ (5,295) $ (7,260) $ (7,770)

Consolidated

2026 2025

March 31 December 31 September 30 June 30 March 31

($ in thousands)

Revenues:

Net premiums earned $ 260,093 $ 242,729 $ 246,332 $ 248,809 $ 245,848

Net investment income 59,255 59,223 59,795 59,289 58,210

Realized investment gains (losses), net (147) (188) (425) (129) (181)

Income from other invested assets 10,179 3,942 1,770 4,466 7,408

Other income 6,692 6,698 4,358 6,708 6,273

Total revenues 336,072 312,404 311,830 319,143 317,558

Losses and expenses:

Provision for losses and LAE 48,216 56,073 44,922 17,055 31,287

Compensation and benefits 36,655 30,363 29,176 30,719 39,692

Premium and other taxes 6,446 6,501 5,930 6,495 6,903

Acquisition costs, net (1)

(636) (6,471) (6,570) (6,485) (6,073)

Other underwriting and operating expenses 30,518 33,260 30,962 32,036 30,602

Total other underwriting and operating expenses 72,983 63,653 59,498 62,765 71,124

Interest expense 8,148 8,149 8,251 8,148 8,148

Income before income taxes $ 206,725 $ 184,529 $ 199,159 $ 231,175 $ 206,999

(1) Acquisition costs are net of ceding commissions earned on outward reinsurance and include ceding commissions incurred on reinsurance assumed.

Exhibit F

Essent Group Ltd. and Subsidiaries

Supplemental Information

Mortgage Insurance - Historical Quarterly Data

2026 2025

March 31 December 31 September 30 June 30 March 31

($ in thousands)

New insurance written $ 11,076,190 $ 11,840,227 $ 12,233,252 $ 12,544,731 $ 9,945,336

New risk written $ 2,893,697 $ 3,030,169 $ 3,239,497 $ 3,357,820 $ 2,698,639

Average insurance in force $ 247,838,392 $ 248,695,560 $ 247,821,046 $ 245,747,813 $ 244,005,459

Insurance in force (end of period) $ 247,909,417 $ 248,356,397 $ 248,808,341 $ 246,797,619 $ 244,692,492

Gross risk in force (end of period) (1)

$ 67,916,263 $ 68,053,447 $ 68,262,577 $ 67,683,239 $ 67,026,626

Risk in force (end of period) $ 56,271,605 $ 56,519,839 $ 56,940,929 $ 56,811,096 $ 56,565,811

Policies in force 801,394 807,230 812,856 812,182 811,342

Weighted average coverage (2)

27.4 % 27.4 % 27.4 % 27.4 % 27.4 %

Annual persistency 84.7 % 85.7 % 86.0 % 85.8 % 85.7 %

Loans in default (count) 20,332 20,210 18,583 17,255 17,759

Percentage of loans in default 2.54 % 2.50 % 2.29 % 2.12 % 2.19 %

Base average premium rate (3)

0.41 % 0.41 % 0.41 % 0.41 % 0.41 %

Single premium cancellations (4)

— % — % — % — % — %

Gross average premium rate 0.41 % 0.41 % 0.41 % 0.41 % 0.41 %

Ceded premiums (0.06 %) (0.07 %) (0.06 %) (0.05 %) (0.05 %)

Net average premium rate 0.35 % 0.34 % 0.35 % 0.36 % 0.36 %

(1) Gross risk in force includes risk ceded under third-party reinsurance.

(2) Weighted average coverage is calculated by dividing end of period gross risk in force by end of period insurance in force.

(3) Base average premium rate is calculated by dividing annualized base premiums earned by average insurance in force for the period.

(4) Single premium cancellations is calculated by dividing annualized premiums on the cancellation of non-refundable single premium policies by average insurance in force for the period.

Exhibit G

Essent Group Ltd. and Subsidiaries

Supplemental Information

Mortgage Insurance - New Insurance Written

NIW by Credit Score

Three Months Ended

March 31, 2026 December 31, 2025 March 31, 2025

($ in thousands)

>=760 $ 6,118,987 55.2 % $ 6,608,095 55.8 % $ 4,742,099 47.7 %

740-759 1,650,631 14.9 1,905,196 16.1 1,726,055 17.4

720-739 1,252,802 11.4 1,257,994 10.6 1,299,999 13.0

700-719 1,031,226 9.3 1,039,547 8.8 1,164,983 11.7

680-699 567,778 5.1 554,647 4.7 574,657 5.8

<=679 454,766 4.1 474,748 4.0 437,543 4.4

Total $ 11,076,190 100.0 % $ 11,840,227 100.0 % $ 9,945,336 100.0 %

Weighted average credit score 756 757 751

NIW by LTV

Three Months Ended

March 31, 2026 December 31, 2025 March 31, 2025

($ in thousands)

85.00% and below $ 1,217,706 11.0 % $ 1,437,750 12.1 % $ 738,619 7.4 %

85.01% to 90.00% 3,199,049 28.9 3,509,133 29.7 2,278,290 22.9

90.01% to 95.00% 5,296,531 47.8 5,663,293 47.8 5,276,018 53.1

95.01% and above 1,362,904 12.3 1,230,051 10.4 1,652,409 16.6

Total $ 11,076,190 100.0 % $ 11,840,227 100.0 % $ 9,945,336 100.0 %

Weighted average LTV 92 % 92 % 93 %

NIW by Product

Three Months Ended

March 31, 2026 December 31, 2025 March 31, 2025

Single premium policies 1.6 % 1.6 % 1.4 %

Monthly premium policies 98.4 98.4 98.6

100.0 % 100.0 % 100.0 %

NIW by Purchase vs. Refinance

Three Months Ended

March 31, 2026 December 31, 2025 March 31, 2025

Purchase 72.4 % 72.3 % 94.3 %

Refinance 27.6 27.7 5.7

100.0 % 100.0 % 100.0 %

Exhibit H

Essent Group Ltd. and Subsidiaries

Supplemental Information

Mortgage Insurance - Insurance in Force and Risk in Force

Portfolio by Credit Score

IIF by FICO score March 31, 2026 December 31, 2025 March 31, 2025

($ in thousands)

>=760 $ 104,715,580 42.2 % $ 104,062,334 41.9 % $ 100,017,207 40.9 %

740-759 42,906,709 17.3 43,225,016 17.4 42,848,390 17.5

720-739 37,323,783 15.1 37,671,181 15.2 37,970,066 15.5

700-719 32,210,355 13.0 32,473,548 13.1 32,765,594 13.4

680-699 19,194,941 7.7 19,357,527 7.8 19,667,828 8.0

<=679 11,558,049 4.7 11,566,791 4.6 11,423,407 4.7

Total $ 247,909,417 100.0 % $ 248,356,397 100.0 % $ 244,692,492 100.0 %

Weighted average credit score 747 747 746

Gross RIF by FICO score March 31, 2026 December 31, 2025 March 31, 2025

($ in thousands)

>=760 $ 28,401,453 41.9 % $ 28,228,907 41.4 % $ 27,126,072 40.5 %

740-759 11,899,312 17.5 11,997,094 17.6 11,894,259 17.7

720-739 10,356,369 15.2 10,452,268 15.4 10,535,428 15.7

700-719 8,977,150 13.2 9,049,840 13.3 9,113,238 13.6

680-699 5,316,639 7.8 5,357,151 7.9 5,425,408 8.1

<=679 2,965,340 4.4 2,968,187 4.4 2,932,221 4.4

Total $ 67,916,263 100.0 % $ 68,053,447 100.0 % $ 67,026,626 100.0 %

Portfolio by LTV

IIF by LTV March 31, 2026 December 31, 2025 March 31, 2025

($ in thousands)

85.00% and below $ 14,976,850 6.0 % $ 14,736,797 5.9 % $ 14,375,166 5.9 %

85.01% to 90.00% 57,370,862 23.1 58,288,674 23.5 59,985,533 24.5

90.01% to 95.00% 132,048,705 53.3 131,950,396 53.1 128,443,227 52.5

95.01% and above 43,513,000 17.6 43,380,530 17.5 41,888,566 17.1

Total $ 247,909,417 100.0 % $ 248,356,397 100.0 % $ 244,692,492 100.0 %

Weighted average LTV 93 % 93 % 93 %

Gross RIF by LTV March 31, 2026 December 31, 2025 March 31, 2025

($ in thousands)

85.00% and below $ 1,752,508 2.6 % $ 1,727,701 2.5 % $ 1,701,075 2.5 %

85.01% to 90.00% 14,061,350 20.7 14,312,312 21.0 14,799,254 22.1

90.01% to 95.00% 38,936,750 57.3 38,906,277 57.2 37,888,529 56.5

95.01% and above 13,165,655 19.4 13,107,157 19.3 12,637,768 18.9

Total $ 67,916,263 100.0 % $ 68,053,447 100.0 % $ 67,026,626 100.0 %

Portfolio by Loan Amortization Period

IIF by Loan Amortization Period March 31, 2026 December 31, 2025 March 31, 2025

($ in thousands)

FRM 30 years and higher $ 240,268,121 96.9 % $ 241,353,234 97.2 % $ 239,398,817 97.8 %

FRM 20-25 years 1,631,244 0.7 1,449,192 0.6 1,042,318 0.4

FRM 15 years 2,214,086 0.9 2,009,940 0.8 1,285,597 0.5

ARM 5 years and higher 3,795,966 1.5 3,544,031 1.4 2,965,760 1.3

Total $ 247,909,417 100.0 % $ 248,356,397 100.0 % $ 244,692,492 100.0 %

Exhibit I

Essent Group Ltd. and Subsidiaries

Supplemental Information

Mortgage Insurance - Vintage Data

March 31, 2026

Insurance in Force

Year Original

Insurance

Written

($ in thousands) Remaining

Insurance

in Force

($ in thousands) % Remaining of Original

Insurance Number of Policies in Force Weighted Average Coupon % Purchase >90% LTV >95% LTV FICO < 700 FICO >= 760 Incurred Loss Ratio (Inception to Date) (1) Number of Loans in Default Percentage of Loans in Default

2010 - 2016 $ 121,811,826 $ 2,488,061 2.0 % 13,763 4.19 % 71.8 % 53.4 % 4.7 % 13.2 % 45.2 % 2.2 % 600 4.36 %

2017 43,858,322 2,536,413 5.8 16,320 4.34 89.9 80.8 27.8 22.1 35.7 2.9 784 4.80

2018 47,508,525 3,531,305 7.4 21,052 4.84 95.2 82.6 31.3 23.1 30.5 3.8 1,050 4.99

2019 63,569,183 8,047,902 12.7 41,367 4.27 90.8 77.7 28.2 19.8 33.7 3.5 1,516 3.66

2020 107,944,065 25,840,280 23.9 108,568 3.22 78.4 72.6 17.2 11.2 44.4 2.7 2,306 2.12

2021 84,218,250 39,109,055 46.4 137,011 3.11 93.0 73.9 19.1 13.7 39.9 6.5 3,649 2.66

2022 63,061,262 43,970,638 69.7 130,508 5.09 98.5 68.2 12.1 12.5 39.4 20.3 3,882 2.97

2023 47,666,852 33,537,692 70.4 98,493 6.57 98.9 73.9 19.8 11.2 37.9 25.0 3,430 3.48

2024 45,561,332 36,126,344 79.3 99,820 6.67 95.1 73.9 21.1 12.7 41.5 23.9 2,367 2.37

2025 46,563,546 41,706,357 89.6 107,884 6.55 87.0 65.4 15.5 10.4 49.7 15.7 740 0.69

2026 (through March 31) 11,076,190 11,015,370 99.5 26,608 6.03 72.3 60.1 12.3 9.3 55.1 3.5 8 0.03

Total $ 682,839,353 $ 247,909,417 36.3 801,394 5.25 91.3 70.8 17.6 12.4 42.2 6.6 20,332 2.54

(1) Incurred loss ratio is calculated by dividing the sum of case reserves and cumulative amount paid for claims by cumulative net premiums earned.

Essent Group Ltd. and Subsidiaries Exhibit J

Supplemental Information

Mortgage Insurance - Outward Reinsurance Vintage Data

March 31, 2026

($ in thousands)

Insurance Linked Notes (1)

Deal Name Vintage Remaining

Insurance

in Force Remaining

Risk

in Force Original

Reinsurance in Force Remaining

Reinsurance in Force Losses

Ceded

to Date Original

First Layer

Retention Remaining

First Layer

Retention Earned Premiums Ceded Year-to-Date Reduction in PMIERs Minimum Required Assets (3)

Radnor Re 2021-1 Aug. 2020 - Mar. 2021 $ 17,192,389 $ 4,799,485 $ 557,911 $ 74,611 $ — $ 278,956 $ 275,746 $ 784 $ 38,306

Radnor Re 2021-2 Apr. 2021 - Sep. 2021 23,399,809 6,664,825 439,407 178,351 — 279,415 269,613 2,390 162,633

Radnor Re 2022-1 Oct. 2021 - Jul. 2022 23,407,727 6,529,964 237,868 121,243 — 303,761 288,498 2,565 121,243

Radnor Re 2023-1 Aug. 2022 - Jun. 2023 23,806,743 6,559,432 281,462 196,750 — 281,463 268,187 2,682 196,750

Radnor Re 2024-1 Jul. 2023 - Jul. 2024 23,066,718 6,394,625 363,366 220,773 — 256,495 253,795 2,386 163,372

Total $ 110,873,386 $ 30,948,331 $ 1,880,014 $ 791,728 $ — $ 1,400,090 $ 1,355,839 $ 10,807 $ 682,304

Excess of Loss Reinsurance (2)

Deal Name Vintage Remaining

Insurance

in Force Remaining

Risk

in Force Original

Reinsurance in Force Remaining

Reinsurance in Force Losses

Ceded

to Date Original

First Layer

Retention Remaining

First Layer

Retention Earned Premiums Ceded Year-to-Date Reduction in PMIERs Minimum Required Assets (3)

(4) XOL 2019-1

Jan. 2018 - Dec. 2018 $ — $ — $ — $ — $ — $ — $ — $ 374 $ —

XOL 2020-1 Jan. 2019 - Aug. 2019 4,621,398 1,226,788 55,102 29,152 — 215,605 210,230 246 —

XOL 2022-1 Oct. 2021 - Dec. 2022 53,242,769 14,741,381 141,992 133,426 — 507,114 465,688 1,486 128,755

XOL 2023-1 Jan. 2023 - Dec. 2023 30,307,586 8,428,861 36,627 34,676 — 366,270 355,763 406 33,339

XOL 2024-1 Jan. 2024 - Dec. 2024 33,498,856 9,232,623 58,005 58,005 — 331,456 329,277 644 55,894

XOL 2025-1 Jan. 2025 - Dec. 2025 41,645,386 11,037,984 80,821 80,821 — 343,234 343,234 717 77,847

Total $ 163,315,995 $ 44,667,637 $ 372,547 $ 336,080 $ — $ 1,763,679 $ 1,704,192 $ 3,873 $ 295,835

Quota Share Reinsurance (2)

Year Ceding Percentage Remaining Insurance in Force Remaining Risk in Force Remaining Ceded Insurance in Force Remaining Ceded Risk in Force Losses Ceded Year-to-Date Ceding Commission Year-to-Date Earned Premiums Ceded Year-to-Date Reduction in PMIERs Minimum Required Assets (3)

Sep. 2019 - Dec. 2020 (5) $ 29,235,185 $ 8,112,049 $ 6,080,065 $ 1,662,242 $ 11 $ 1,792 $ 2,596 $ 103,959

Jan. 2022 - Dec. 2022 20% 43,925,225 12,103,933 8,785,045 2,420,787 2,100 1,588 4,880 180,735

Jan. 2023 - Dec. 2023 17.5% 30,220,125 8,407,273 5,288,522 1,471,273 2,603 1,110 4,934 120,620

Jan. 2024 - Dec. 2024 15% 35,919,887 9,883,294 5,387,983 1,482,494 1,469 1,155 3,953 122,999

Jan. 2025 - Dec. 2025 25% 41,672,274 11,045,436 10,418,068 2,761,359 1,837 1,833 5,227 186,064

Jan. 2026 - Dec. 2026 25% 11,002,696 2,874,779 2,750,674 718,695 28 159 293 43,021

Total $ 191,975,392 $ 52,426,764 $ 38,710,357 $ 10,516,850 $ 8,048 $ 7,637 $ 21,883 $ 757,398

(1) Reinsurance provided by unaffiliated special purpose insurers through the issuance of mortgage insurance-linked notes ("ILNs").

(2) Reinsurance provided by panels of reinsurers.

(3) Represents the reduction in Essent Guaranty, Inc.'s Minimum Required Assets based on our interpretation of the PMIERs.

(4) XOL 2019-1 terminated as of February 2026.

(5) Under QSR-2019, Essent Guaranty cedes 36% of premiums on singles policies and 18% on all other policies.

Exhibit K

Essent Group Ltd. and Subsidiaries

Supplemental Information

Mortgage Insurance - Geographic Data

IIF by State

March 31, 2026 December 31, 2025 March 31, 2025

CA 12.1 % 12.1 % 12.4 %

FL 12.0 12.0 11.9

TX 11.5 11.4 11.2

AZ 4.1 4.0 3.9

CO 4.0 4.0 4.0

GA 3.9 3.9 3.8

WA 3.4 3.4 3.4

NC 3.2 3.2 3.1

NY 2.6 2.6 2.6

MI 2.6 2.6 2.5

All Others 40.6 40.8 41.2

Total 100.0 % 100.0 % 100.0 %

Gross RIF by State

March 31, 2026 December 31, 2025 March 31, 2025

FL 12.3 % 12.3 % 12.1 %

CA 12.1 12.1 12.4

TX 11.7 11.6 11.5

AZ 4.2 4.1 3.9

GA 3.9 3.9 3.8

CO 3.9 3.9 4.0

WA 3.4 3.4 3.4

NC 3.2 3.2 3.1

MI 2.6 2.6 2.6

UT 2.6 2.6 2.5

All Others 40.1 40.3 40.7

Total 100.0 % 100.0 % 100.0 %

Exhibit L

Essent Group Ltd. and Subsidiaries

Supplemental Information

Mortgage Insurance

Rollforward of Defaults and Reserve for Losses and LAE

Rollforward of Insured Loans in Default

Three Months Ended

2026 2025

March 31 December 31 September 30 June 30 March 31

Beginning default inventory 20,210 18,583 17,255 17,759 18,439

Plus: new defaults (A)

11,100 11,245 10,357 8,810 9,664

Less: cures (10,708) (9,357) (8,713) (9,078) (10,173)

Less: claims paid (239) (235) (296) (215) (153)

Less: rescissions and denials, net (31) (26) (20) (21) (18)

Ending default inventory 20,332 20,210 18,583 17,255 17,759

(A) New defaults remaining as of March 31, 2026

7,785 4,323 2,750 1,640 1,031

Cure rate (1)

30 % 62 % 73 % 81 % 89 %

Total amount paid for claims (in thousands) $ 13,671 $ 13,171 $ 16,456 $ 9,007 $ 6,330

Average amount paid per claim (in thousands) $ 57 $ 56 $ 56 $ 42 $ 41

Severity 84 % 80 % 78 % 67 % 70 %

Rollforward of Reserve for Losses and LAE

Three Months Ended

2026 2025

($ in thousands) March 31 December 31 September 30 June 30 March 31

Reserve for losses and LAE at beginning of period $ 429,610 $ 379,548 $ 345,952 $ 338,128 $ 310,156

Less: Reinsurance recoverables 56,120 47,957 41,966 40,351 36,655

Net reserve for losses and LAE at beginning of period 373,490 331,591 303,986 297,777 273,501

Add provision for losses and LAE occurring in:

Current period 62,792 67,865 62,349 45,119 48,928

Prior years (25,172) (12,705) (18,179) (29,796) (18,208)

Incurred losses and LAE during the period 37,620 55,160 44,170 15,323 30,720

Deduct payments for losses and LAE occurring in:

Current period 88 2,649 552 315 51

Prior years 13,712 10,612 16,013 8,799 6,393

Loss and LAE payments during the period 13,800 13,261 16,565 9,114 6,444

Net reserve for losses and LAE at end of period 397,310 373,490 331,591 303,986 297,777

Plus: Reinsurance recoverables 61,591 56,120 47,957 41,966 40,351

Reserve for losses and LAE at end of period $ 458,901 $ 429,610 $ 379,548 $ 345,952 $ 338,128

(1) The cure rate is calculated by dividing new defaults remaining as of the reporting date by the original number of new defaults reported in the quarterly period and subtracting that percentage from 100%.

Exhibit M

Essent Group Ltd. and Subsidiaries

Supplemental Information

Mortgage Insurance

Detail of Reserves by Default Delinquency

March 31, 2026

Number of

Policies in

Default Percentage of

Policies in

Default Amount of Reserves Percentage of Reserves Defaulted RIF Reserves as a Percentage of

Defaulted RIF

($ in thousands)

Missed Payments:

Two payments 6,564 32 % $ 38,398 9 % $ 533,428 7 %

Three payments 2,797 14 29,040 7 231,329 13

Four to eleven payments 7,802 38 181,134 43 675,553 27

Twelve or more payments 2,761 14 148,384 35 231,640 64

Pending claims 408 2 27,091 6 30,357 89

Total case reserves 20,332 100 % 424,047 100 % $ 1,702,307 25 %

IBNR 31,804

LAE 3,050

Total reserves for losses and LAE $ 458,901

Average reserve per default:

Case $ 20.9

Total $ 22.6

Default Rate 2.54%

3+ Month Default Rate 1.72%

December 31, 2025

Number of

Policies in

Default Percentage of

Policies in

Default Amount of Reserves Percentage of Reserves Defaulted RIF Reserves as a Percentage of

Defaulted RIF

($ in thousands)

Missed Payments:

Two payments 6,892 34 % $ 40,876 10 % $ 545,198 7 %

Three payments 3,002 15 32,458 8 246,194 13

Four to eleven payments 7,261 36 163,087 41 615,449 26

Twelve or more payments 2,742 13 139,036 35 224,248 62

Pending claims 313 2 21,360 6 23,797 90

Total case reserves 20,210 100 % 396,817 100 % $ 1,654,886 24 %

IBNR 29,761

LAE 3,032

Total reserves for losses and LAE $ 429,610

Average reserve per default:

Case $ 19.6

Total $ 21.3

Default Rate 2.50%

3+ Month Default Rate 1.65%

March 31, 2025

Number of

Policies in

Default Percentage of

Policies in

Default Amount of Reserves Percentage of Reserves Defaulted RIF Reserves as a Percentage of

Defaulted RIF

($ in thousands)

Missed Payments:

Two payments 5,430 31 % $ 29,226 9 % $ 426,195 7 %

Three payments 2,445 14 23,046 7 194,642 12

Four to eleven payments 7,472 42 139,810 45 620,538 23

Twelve or more payments 2,198 12 105,783 34 172,129 61

Pending claims 214 1 14,195 5 15,789 90

Total case reserves 17,759 100 % 312,060 100 % $ 1,429,293 22 %

IBNR 23,404

LAE 2,664

Total reserves for losses and LAE $ 338,128

Average reserve per default:

Case $ 17.6

Total $ 19.0

Default Rate 2.19%

3+ Month Default Rate 1.52%

Exhibit N

Essent Group Ltd. and Subsidiaries

Supplemental Information

U.S. Mortgage Insurance Company Capital

2026 2025

March 31 December 31 September 30 June 30 March 31

($ in thousands)

Essent Guaranty, Inc:

Statutory capital $ 3,682,476 $ 3,572,887 $ 3,732,465 $ 3,714,146 $ 3,642,374

Net risk in force (1)

$ 31,785,517 $ 32,486,788 $ 33,367,706 $ 33,986,508 $ 34,968,089

Risk-to-capital ratio (2)

8.6:1 9.1:1 8.9:1 9.2:1 9.6:1

Essent Guaranty, Inc. PMIERs Data (3):

Available Assets $ 3,635,459 $ 3,520,454 $ 3,666,883 $ 3,654,460 $ 3,628,675

Minimum Required Assets 2,084,042 2,087,473 2,065,890 2,075,409 2,107,620

PMIERs excess Available Assets $ 1,551,417 $ 1,432,981 $ 1,600,993 $ 1,579,051 $ 1,521,055

PMIERs sufficiency ratio (4)

174 % 169 % 177 % 176 % 172 %

(1) Net risk in force represents total risk in force, net of reinsurance ceded and net of exposures on policies for which loss reserves have been established.

(2) The risk-to-capital ratio is calculated as the ratio of net risk in force to statutory capital.

(3) Data is based on our interpretation of the PMIERs as of the dates indicated.

(4) PMIERs sufficiency ratio is calculated by dividing Available Assets by Minimum Required Assets.

Exhibit O

Essent Group Ltd. and Subsidiaries

Supplemental Information

Reinsurance

2026 2025

($ in thousands) March 31 December 31 September 30 June 30 March 31

Net Premiums Written:

Mortgage $ 13,236 $ 15,117 $ 18,338 $ 13,181 $ 16,921

Non-mortgage 156,365 633 359 229 229

Total $ 169,601 $ 15,750 $ 18,697 $ 13,410 $ 17,150

Net Premiums Earned:

Mortgage $ 12,264 $ 14,063 $ 15,945 $ 13,646 $ 15,505

Non-mortgage 17,046 633 359 229 229

Total $ 29,310 $ 14,696 $ 16,304 $ 13,875 $ 15,734

Reserve for losses and LAE $ 10,076 $ 359 $ 153 $ 88 $ 52

Mortgage Reinsurance Statistics:

Reinsured risk in force $ 2,084,380 $ 2,166,605 $ 2,184,981 $ 2,290,008 $ 2,189,477

Weighted average credit score 751 751 751 751 751

Weighted average LTV 83 % 83 % 83 % 83 % 82 %

Essent Reinsurance Ltd. Capital:

Stockholder's equity (GAAP basis) $ 1,660,416 $ 1,695,390 $ 1,722,135 $ 1,751,720 $ 1,780,924

Exhibit P

Essent Group Ltd. and Subsidiaries

Supplemental Information

Cash & Investments

Cash & Investments by Asset Class

Asset Class March 31, 2026 December 31, 2025

($ in thousands) Fair Value Percent Fair Value Percent

U.S. Treasury securities $ 332,065 5.1 % $ 369,712 5.6 %

U.S. agency mortgage-backed securities 1,143,120 17.4 1,174,895 17.8

Municipal debt securities 608,683 9.3 610,411 9.2

Non-U.S. government securities 54,720 0.8 56,024 0.8

Corporate debt securities 1,936,708 29.4 1,980,080 30.0

Residential and commercial mortgage securities 462,048 7.0 464,105 7.0

Asset-backed securities 887,866 13.5 800,366 12.1

Money market funds 623,034 9.5 648,492 9.8

Total investments available for sale $ 6,048,244 92.0 % $ 6,104,085 92.3 %

Other invested assets 394,290 6.0 382,513 5.8

Cash 128,262 2.0 123,049 1.9

Total cash and investments $ 6,570,796 100.0 % $ 6,609,647 100.0 %

Investments Available for Sale by Credit Rating

Rating (1)

March 31, 2026 December 31, 2025

($ in thousands) Fair Value Percent Fair Value Percent

Aaa $ 871,259 16.1 % $ 846,230 15.5 %

Aa1 1,731,957 31.9 1,799,508 32.9

Aa2 347,838 6.4 300,026 5.5

Aa3 318,197 5.9 319,848 5.9

A1 525,198 9.7 545,918 10.0

A2 517,108 9.5 511,146 9.4

A3 481,244 8.9 494,434 9.1

Baa1 242,069 4.5 244,424 4.5

Baa2 188,885 3.5 208,247 3.8

Baa3 136,746 2.5 122,596 2.2

Below Baa3 64,709 1.1 63,216 1.2

Total (2)

$ 5,425,210 100.0 % $ 5,455,593 100.0 %

(1) Based on ratings issued by Moody's, if available. S&P or Fitch rating utilized if Moody's not available.

(2) Excludes $623,034 and $648,492 of money market funds at March 31, 2026 and December 31, 2025, respectively.

Investments Available for Sale by Duration and Book Yield

Effective Duration March 31, 2026 December 31, 2025

($ in thousands) Fair Value Percent Fair Value Percent

< 1 Year $ 1,582,563 26.2 % $ 1,549,327 25.4 %

1 to < 2 Years 532,437 8.8 527,914 8.6

2 to < 3 Years 483,762 8.0 532,211 8.7

3 to < 4 Years 666,215 11.0 571,255 9.4

4 to < 5 Years 437,751 7.2 536,135 8.8

5 or more Years 2,345,516 38.8 2,387,243 39.1

Total investments available for sale $ 6,048,244 100.0 % $ 6,104,085 100.0 %

Pre-tax investment yield (3) Three Months Ended March 31, 2026

Yield on cash and investments available for sale 3.80 %

Return on other invested assets 10.56 %

Aggregate yield on total cash and investments 4.18 %

(3) Yield on cash and investments available for sale is calculated as the annualized gross investment income earned divided by the average amortized cost of cash and investments available for sale. Return on other invested assets is calculated as annualized income (loss) from other invested assets divided by the average balance of other invested assets. The aggregate yield is calculated as the sum of the numerators in the calculations described above divided by the sum of denominators in the calculations described above.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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No definition available.

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- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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No definition available.

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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- Definition

Address Line 2 such as Street or Suite number

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- Definition

Name of the City or Town

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No definition available.

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- Definition

ISO 3166-1 alpha-2 country code.

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No definition available.

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- Definition

Code for the postal or zip code

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No definition available.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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No definition available.

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- Definition

Two-character EDGAR code representing the state or country of incorporation.

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No definition available.

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Local phone number for entity.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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- Definition

Title of a 12(b) registered security.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Name:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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- Definition

Trading symbol of an instrument as listed on an exchange.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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