Q3 2023 Supplement

Essent Group Ltd. and Subsidiaries

Financial Results and Supplemental Information (Unaudited)

Quarter Ended September 30, 2023

Exhibit A Condensed Consolidated Statements of Comprehensive Income (Unaudited)

Exhibit B Condensed Consolidated Balance Sheets (Unaudited)

Exhibit C Consolidated Historical Quarterly Data

Exhibit D U.S Mortgage Insurance Portfolio Historical Quarterly Data

Exhibit E New Insurance Written - U.S. Mortgage Insurance Portfolio

Exhibit F Insurance in Force and Risk in Force - U.S. Mortgage Insurance Portfolio

Exhibit G Other Risk in Force

Exhibit H U.S. Mortgage Insurance Portfolio Vintage Data

Exhibit I U.S. Mortgage Insurance Portfolio Reinsurance Vintage Data

Exhibit J U.S. Mortgage Insurance Portfolio Geographic Data

Exhibit K Rollforward of Defaults and Reserve for Losses and LAE

Exhibit L Detail of Reserves by Default Delinquency Exhibit M Investments Available for Sale

Exhibit N U.S. Mortgage Insurance Company Capital

Exhibit O Loss, Expense and Combined Ratios and Reconciliation of Non-GAAP Financial Measures

Exhibit A

Essent Group Ltd. and Subsidiaries

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

	Three Months Ended September 30,	Nine Months Ended September 30,
(In thousands, except per share amounts)		2023			2022			2023			2022
Revenues:
Direct premiums written	$	270,868	$	239,773		$	759,526	$	692,687
Ceded premiums		(30,294)			(30,543)			(103,431)			(73,384)
Net premiums written		240,574			209,230			656,095			619,303
Decrease in unearned premiums		6,231			(1,296)			15,197			15,972
Net premiums earned		246,805			207,934			671,292			635,275
Net investment income		47,072			32,594			135,558			86,613
Realized investment losses, net		(235)			175			(2,312)			(7,648)
(Loss) income from other invested assets		(3,143)			9,617			(10,697)			36,275
Other income		5,609			11,447			18,641			20,272
Total revenues		296,108			261,767			812,482			770,787
Losses and expenses:
Provision (benefit) for losses and LAE		10,822			4,252			11,902			(178,805)
Other underwriting and operating expenses		54,814			42,144			145,183			124,838
Premiums retained by agents		13,175			-		13,175			-
Interest expense		7,854			4,450			22,184			9,563
Total losses and expenses		86,665			50,846			192,444			(44,404)
Income before income taxes		209,443			210,921			620,038			815,191
Income tax expense		31,484			32,870			99,019			131,204
Net income	$	177,959	$	178,051		$	521,019	$	683,987
Earnings per share:

Basic	$	1.68	$	1.67		$	4.90	$	6.37
Diluted		1.66			1.66			4.86			6.35
Weighted average shares outstanding:
Basic		105,979			106,870			106,387			107,314
Diluted		107,025			107,337			107,232			107,732
Net income	$	177,959	$	178,051		$	521,019	$	683,987
Other comprehensive income (loss):
Change in unrealized depreciation of investments		(76,248)			(137,010)			(53,593)			(474,284)
Total other comprehensive loss		(76,248)			(137,010)			(53,593)			(474,284)
Comprehensive income	$	101,711	$	41,041		$	467,426	$	209,703

Exhibit B

Essent Group Ltd. and Subsidiaries

Condensed Consolidated Balance Sheets (Unaudited)

		September 30,			December 31,
(In thousands, except per share amounts)		2023			2022
Assets
Investments
Fixed maturities available for sale, at fair value	$	4,241,757	$	4,489,598
Short-term investments available for sale, at fair value		755,931			252,027
Total investments available for sale		4,997,688			4,741,625
Other invested assets		272,619			257,941
Total investments		5,270,307			4,999,566
Cash		96,779			81,240
Accrued investment income		36,651			33,162
Accounts receivable		68,332			57,399
Deferred policy acquisition costs		9,375			9,910
Property and equipment		40,710			19,571
Prepaid federal income tax		461,386			418,460
Goodwill and intangible assets, net		64,271			-
Other assets		46,389			104,489
Total assets	$	6,094,200	$	5,723,797
Liabilities and Stockholders' Equity

Liabilities
Reserve for losses and LAE	$	241,333	$	216,464
Unearned premium reserve		147,712			162,887
Net deferred tax liability		329,721			356,810
Credit facility borrowings, net of deferred costs		421,656			420,864
Other accrued liabilities		145,771			104,463
Total liabilities		1,286,193			1,261,488
Commitments and contingencies
Stockholders' Equity
Common shares, $0.015 par value:
Authorized - 233,333; issued and outstanding - 106,887 shares in 2023 and 107,683 shares in 2022		1,603			1,615
Additional paid-in capital		1,309,717			1,350,377
Accumulated other comprehensive loss		(436,383)			(382,790)
Retained earnings		3,933,070			3,493,107
Total stockholders' equity		4,808,007			4,462,309
Total liabilities and stockholders' equity	$	6,094,200	$	5,723,797
Retuon average equity (1)
	15.0%			19.1%

The 2023 retuon average equity is calculated by dividing annualized year-to-date 2023 net income by average equity. The 2022 retuon average equity is calculated by dividing full year 2022 net income by average equity.

												Exhibit C
	Essent Group Ltd. and Subsidiaries
	Supplemental Information
	Consolidated Historical Quarterly Data
						2023					2022
Selected Income Statement Data			September 30			June 30			March 31		December 31	September 30
(In thousands, except per share amounts)
Revenues:
Net premiums earned:
U.S. Mortgage Insurance Portfolio	$	209,351	$	195,502	$	196,565	$	192,670	$	194,272
GSE and other risk share			16,850			17,727			14,693		14,582	13,662
Title insurance			20,604			-			-		-	-
Net premiums earned			246,805			213,229			211,258		207,252	207,934
Net investment income			47,072			45,250			43,236		37,796	32,594
Realized investment (losses) gains, net			(235)			(1,589)			(488)		(5,524)	175
(Loss) income from other invested assets			(3,143)			(4,852)			(2,702)		(7,599)	9,617
Other income (loss) (1)			5,609			8,090			4,942		(1,888)	11,447
Total revenues			296,108			260,128			256,246		230,037	261,767
Losses and expenses:
Provision (benefit) for losses and LAE			10,822			1,260			(180)		4,101	4,252
Other underwriting and operating expenses			54,814			42,174			48,195		46,895	42,144
Premiums retained by agents			13,175			-			-		-	-
Interest expense			7,854			7,394			6,936		6,045	4,450
Total losses and expenses			86,665			50,828			54,951		57,041	50,846
Income before income taxes			209,443			209,300			201,295		172,996	210,921
Income tax expense (2)			31,484			37,067			30,468		25,630	32,870
Net income	$	177,959	$	172,233	$	170,827	$	147,366	$	178,051
Earnings per share:

Basic	$	1.68	$	1.62	$	1.60	$	1.38	$	1.67
Diluted			1.66			1.61			1.59		1.37	1.66
Weighted average shares outstanding:
Basic			105,979			106,249			106,943		106,881	106,870
Diluted			107,025			107,093			107,585		107,419	107,337
Book value per share	$	44.98	$	44.24	$	43.18	$	41.44	$	39.87
Retuon average equity (annualized)			14.9 %			14.7 %			15.0 %		13.5 %	16.6 %
Credit Facility
Borrowings outstanding	$	425,000	$	425,000	$	425,000	$	425,000	$	425,000
Undrawn committed capacity	$	400,000	$	400,000	$	400,000	$	400,000	$	400,000
Weighted average interest rate (end of period)			7.07 %			6.87 %			6.52 %		6.02 %	4.39 %
Debt-to-capital			8.12 %			8.24 %			8.38 %		8.70 %	9.01 %

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 September 30, 2023, June 30, 2023, March 31, 2023, December 31, 2022, and September 30, 2022 was ($898), $2,726, ($368), ($6,515), and $5,177, respectively.
Income tax expense for the quarters ended September 30, 2023, June 30, 2023, March 31, 2023, December 31, 2022 and September 30, 2022 includes

($763), $(888), ($368), ($4,122), and $2,925 respectively, of discrete tax (benefit) expense associated with realized and unrealized gains and losses. Income tax expense for the quarter ended June 30, 2023 also includes $5,295 of net discrete tax expense associated with prior year tax returns.

												Exhibit D
	Essent Group Ltd. and Subsidiaries
	Supplemental Information
	U.S Mortgage Insurance Portfolio Historical Quarterly Data
						2023					2022
Other Data:			September 30			June 30			March 31		December 31	September 30
($ in thousands)
U.S. Mortgage Insurance Portfolio
Flow:
New insurance written	$	12,505,823	$	13,498,080	$	12,893,789	$	13,011,432	$	17,112,017
New risk written			3,458,467			3,726,513			3,548,015		3,522,726	4,570,699
Bulk:
New insurance written	$	-	$	-	$	-	$	-	$	-
New risk written			-			-			-		-	-
Total:
New insurance written	$	12,505,823	$	13,498,080	$	12,893,789	$	13,011,432	$	17,112,017
New risk written	$	3,458,467	$	3,726,513	$	3,548,015	$	3,522,726	$	4,570,669
Average insurance in force	$	237,270,093	$	233,484,941	$	228,885,174	$	224,840,675	$	219,280,350
Insurance in force (end of period)	$	238,661,612	$	235,649,884	$	231,537,417	$	227,062,055	$	222,542,569
Gross risk in force (end of period) (1)	$	63,605,057	$	62,403,400	$	60,879,979	$	59,276,489	$	57,743,091
Risk in force (end of period)	$	53,920,308	$	53,290,643	$	51,469,312	$	49,903,626	$	48,690,571
Policies in force			825,248			821,690			815,751		808,596	800,745
Weighted average coverage (2)			26.7%			26.5%			26.3%		26.1%	25.9%
Annual persistency			86.6%			85.8%			84.4%		82.1%	77.9%
Loans in default (count)			13,391			12,480			12,773		13,433	12,435
Percentage of loans in default			1.62%			1.52%			1.57%		1.66%	1.55%
U.S. Mortgage Insurance Portfolio premium rate:
Base average premium rate (3)			0.40%			0.40%			0.40%		0.40%	0.40%
Single premium cancellations (4)			-%			-%			-%		-%	0.01%
Gross average premium rate			0.40%			0.40%			0.40%		0.40%	0.41%
Ceded premiums			(0.05%)			(0.07%)			(0.06%)		(0.06%)	(0.06%)
Net average premium rate			0.35%			0.33%			0.34%		0.34%	0.35%

Gross risk in force includes risk ceded under third-party reinsurance.
Weighted average coverage is calculated by dividing end of period gross risk in force by end of period insurance in force.
Base average premium rate is calculated by dividing annualized base premiums earned by average insurance in force for the period.
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 E

Essent Group Ltd. and Subsidiaries

Supplemental Information - U.S. Mortgage Insurance Portfolio

New Insurance Written: Flow

NIW by Credit Score

			Three Months Ended					Nine Months Ended
		September 30, 2023			September 30, 2022			September 30, 2023			September 30, 2022
($ in thousands)
>=760	$	5,212,343	41.8%	$	6,976,123	40.8%	$	15,473,191	39.8%	$	20,942,108	41.8%
740-759		2,205,066	17.6			2,965,115	17.3			7,031,821	18.1		8,499,739	17.0
720-739		1,911,320	15.3			2,788,573	16.3			6,310,564	16.2		7,885,166	15.8
700-719		1,867,510	14.9			2,277,251	13.3			5,892,704	15.1		6,452,721	12.9
680-699		891,471	7.1			1,476,982	8.6			3,024,347	7.8		4,409,944	8.8
<=679		418,113	3.3			627,973	3.7			1,165,065	3.0		1,859,956	3.7
Total	$	12,505,823	100.0%	$	17,112,017	100.0%	$	38,897,692	100.0%	$	50,049,634	100.0%

Weighted average credit score		747				746				746			747

NIW by LTV

			Three Months Ended					Nine Months Ended
		September 30, 2023			September 30, 2022			September 30, 2023			September 30, 2022
($ in thousands)
85.00% and below	$	849,250	6.7%	$	1,618,912	9.5%	$	2,801,011	7.2%	$	4,556,205	9.1%
85.01% to 90.00%		2,445,924	19.6			4,753,686	27.8			7,951,062	20.4		13,657,345	27.3
90.01% to 95.00%		6,614,050	52.9			9,171,095	53.5			21,383,696	55.0		26,461,665	52.9
95.01% and above		2,596,599	20.8			1,568,324	9.2			6,761,923	17.4		5,374,419	10.7
Total	$	12,505,823	100.0%	$	17,112,017	100.0%	$	38,897,692	100.0%	$	50,049,634	100.0%

Weighted average LTV		93%				93%				93%			93%

NIW by Product

	Three Months Ended		Nine Months Ended
	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022
Single Premium policies	2.8%	8.2%	3.8%	5.9%
Monthly Premium policies		97.2		91.8		96.2		94.1
	100.0%	100.0%	100.0%	100.0%

NIW by Purchase vs. Refinance

	Three Months Ended		Nine Months Ended
	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022
Purchase	99.0%	98.7%	98.8%	97.2%
Refinance		1.0		1.3		1.2		2.8
	100.0%	100.0%	100.0%	100.0%

Exhibit F

Essent Group Ltd. and Subsidiaries

Supplemental Information

Insurance in Force and Risk in Force - U.S. Mortgage Insurance Portfolio

Portfolio by Credit Score

IIF by FICO score		September 30, 2023			June 30, 2023			September 30, 2022
($ in thousands)
>=760	$	97,027,348	40.7%	$	95,925,520	40.8%	$	92,309,692	41.5%
740-759		41,362,480	17.3			40,733,799	17.3			37,821,201	17.0
720-739		37,297,809	15.6			36,791,104	15.6			33,910,646	15.2
700-719		31,674,346	13.3			30,970,132	13.1			28,263,518	12.7
680-699		19,850,176	8.3			19,667,866	8.3			18,351,570	8.2
<=679		11,449,453	4.8			11,561,463	4.9			11,885,942	5.4
Total	$	238,661,612	100.0%	$	235,649,884	100.0%	$	222,542,569	100.0%

Weighted average credit score		746				746				746

Gross RIF by FICO score		September 30, 2023			June 30, 2023			September 30, 2022
($ in thousands)
>=760	$	25,594,262	40.1%	$	25,138,762	40.3%	$	23,743,335	41.1%
740-759		11,165,727	17.6			10,922,780	17.5			9,920,331	17.2
720-739		10,090,889	15.9			9,896,425	15.9			8,934,327	15.5
700-719		8,568,811	13.5			8,319,353	13.3			7,412,542	12.8
680-699		5,327,434	8.4			5,248,349	8.4			4,801,986	8.3
<=679		2,857,934	4.5			2,877,731	4.6			2,930,570	5.1
Total	$	63,605,057	100.0%	$	62,403,400	100.0%	$	57,743,091	100.0%

Portfolio by LTV

IIF by LTV		September 30, 2023			June 30, 2023			September 30, 2022
($ in thousands)
85.00% and below	$	21,226,685	8.9%	$	22,427,649	9.5%	$	25,121,995	11.3%
85.01% to 90.00%		63,374,562	26.6			63,562,258	27.0			62,963,331	28.3
90.01% to 95.00%		118,461,030	49.6			115,768,826	49.1			103,794,020	46.6
95.01% and above		35,599,335	14.9			33,891,151	14.4			30,663,223	13.8
Total	$	238,661,612	100.0%	$	235,649,884	100.0%	$	222,542,569	100.0%

Weighted average LTV		93%				93%				92%
Gross RIF by LTV		September 30, 2023			June 30, 2023			September 30, 2022
($ in thousands)
85.00% and below	$	2,525,753	4.0%	$	2,667,981	4.3%	$	2,975,898	5.2%
85.01% to 90.00%		15,566,095	24.5			15,583,198	25.0			15,317,449	26.5
90.01% to 95.00%		34,848,762	54.8			34,026,320	54.5			30,388,328	52.6
95.01% and above		10,664,447	16.7			10,125,901	16.2			9,061,416	15.7
Total	$	63,605,057	100.0%		$	62,403,400	100.0%		$	57,743,091	100.0%

		Portfolio by Loan Amortization Period
IIF by Loan Amortization Period		September 30, 2023			June 30, 2023			September 30, 2022
($ in thousands)
FRM 30 years and higher	$	232,186,999	97.3%	$	228,745,641	97.1%	$	214,688,363	96.5%
FRM 20-25 years		1,910,610	0.8			2,124,690	0.9			2,859,734	1.3
FRM 15 years		1,719,467	0.7			1,953,448	0.8			2,903,355	1.3
ARM 5 years and higher		2,844,536	1.2			2,826,105	1.2			2,091,117	0.9
Total	$	238,661,612	100.0%	$	235,649,884	100.0%	$	222,542,569	100.0%

																Exhibit G
	Essent Group Ltd. and Subsidiaries
	Supplemental Information
	Other Risk in Force
						2023							2022
($ in thousands)		September 30			June 30			March 31			December 31			September 30
GSE and other risk share (1):
Risk in Force		$	2,247,393		$	2,276,702		$	2,098,033		$	2,030,571			$	2,026,895

Reserve for losses and LAE	$	54	$	55	$	65	$	74	$	102

Weighted average credit score			749			749			749			749				748
Weighted average LTV			82%			83%			83%			83%				84%

GSE and other risk share includes GSE risk share and other reinsurance transactions. Essent Reinsurance Ltd. ("Essent Re") provides insurance or reinsurance relating to the risk in force on loans in reference pools acquired by Freddie Mac and Fannie Mae.

Exhibit H

Essent Group Ltd. and Subsidiaries

Supplemental Information

U.S. Mortgage Insurance Portfolio Vintage Data

September 30, 2023

									Insurance in Force
		Original		Remaining	% Remaining of	Number of	Weighted						Incurred Loss	Number of	Percentage of
		Insurance		Insurance						Ratio
Year		Written		in Force	Original	Policies in	Average	% Purchase	>90% LTV	>95% LTV	FICO <>700	FICO >= 760	(Inception to	Loans in	Loans in
($ in thousands)		($ in thousands)	Insurance	Force	Coupon	Date) (1)	Default	Default
2010 - 2014	$	60,668,851	$	1,598,284	2.6%	9,938	4.32%	73.3%	62.4%	7.0%	15.1%	43.4%	2.5 %	392	3.94%
2015		26,193,656		1,521,374	5.8	9,232	4.21	84.2	74.8	4.6	17.7	39.6	2.5	327	3.54
2016		34,949,319		3,234,730	9.3	18,705	3.89	87.8	80.6	12.0	15.9	42.4	2.3	560	2.99
2017		43,858,322		5,031,656	11.5	29,934	4.27	91.3	71.7	20.7	20.4	37.8	3.5	1,176	3.93
2018		47,508,525		5,805,471	12.2	32,505	4.79	94.7	71.3	26.0	21.7	32.6	4.6	1,484	4.57
2019		63,569,183		12,907,957	20.3	61,266	4.22	88.1	68.1	24.5	18.8	35.5	4.4	1,813	2.96
2020		107,944,065		49,162,995	45.5	187,990	3.19	68.0	56.5	13.0	10.8	45.6	3.3	2,373	1.26
2021		84,218,250		64,048,451	76.1	208,074	3.08	86.3	62.6	15.3	13.9	40.5	7.1	3,038	1.46
2022		63,061,262		57,742,660	91.6	163,804	5.07	97.8	65.2	11.2	12.7	39.7	19.9	1,962	1.20
2023 (through September 30)		38,897,692		37,608,034	96.7	103,800	6.51	98.8	72.6	17.8	10.9	39.1	11.3	266	0.26
Total	$	570,869,125	$	238,661,612	41.8	825,248	4.28	87.6	64.6	14.9	13.1	40.7	4.3	13,391	1.62

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

Exhibit I

Essent Group Ltd. and Subsidiaries

Supplemental Information

U.S. Mortgage Insurance Portfolio Reinsurance Vintage Data

September 30, 2023

($ in thousands)

Insurance Linked Notes (1)

																						Earned Premiums Ceded
			Remaining		Remaining			Original			Remaining			Losses			Original	Remaining							Reduction in
												Quarter-to-				PMIERs Minimum
Deal Name	Vintage		Insurance		Risk		Reinsurance		Reinsurance in			Ceded		First Layer	First Layer		Year-to-Date			Required
	in Force		in Force			in Force			Force			to Date			Retention		Retention			Date				Assets (3)
Radnor Re 2018-1 Jan. 2017 - Dec. 2017	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,781	$	-
Radnor Re 2019-1 Jan. 2018 - Dec. 2018		5,730,888		1,496,891			473,184			21,467			-			253,643		246,939			(40)		13,407			-
Radnor Re 2019-2 Jan. 2015 - Dec. 2016		-		-			-			-			-			-		-		-		220			-
Radnor Re 2020-1 Jan. 2019 - Aug. 2019		7,185,440		1,864,143			495,889			50,596			-			215,605		213,798			(82)		5,788			-
Radnor Re 2021-1 Aug. 2020 - Mar. 2021		33,594,368		8,642,916			557,911			339,120			-			278,956		278,796			2,615		8,794			261,926
Radnor Re 2021-2 Apr. 2021 - Sep. 2021		37,420,329		10,079,502			439,407			361,449			-			279,415		279,231			3,887		12,161			285,689
Radnor Re 2022-1	Oct. 2021 - Jul. 2022		32,132,944		8,669,748			237,868			237,868			-			303,761		303,660			4,260		12,781			218,839
Radnor Re 2023-1 Aug. 2022 - Jun. 2023		31,014,596		8,478,658			281,462			281,462			-			281,463		281,463			3,118		3,118			266,826
Total		$	147,078,565	$	39,231,858	$	2,485,721	$	1,291,962	$	-	$	1,612,843	$	1,603,887		$	13,758	$	58,050	$	1,033,280

Excess of Loss Reinsurance (2)

																						Earned Premiums Ceded			Reduction in
			Remaining		Remaining			Original			Remaining			Losses			Original	Remaining
													Quarter-to-					PMIERs Minimum
Deal Name	Vintage		Insurance		Risk		Reinsurance in		Reinsurance in			Ceded			First Layer	First Layer			Year-to-Date			Required
	in Force		in Force			Force			Force			to Date			Retention		Retention			Date				Assets (3)
XOL 2018-1 Jan. 2017 - Dec. 2017	$	4,920,622	$	1,297,126	$	165,167	$	57,250	$	-	$	678,283	$	421,003		$	291	$	955	$	-
XOL 2019-1 Jan. 2018 - Dec. 2018		5,730,888		1,496,891			118,650			76,144			-			253,643		246,939	(4)		627		1,861			-
XOL 2020-1 Jan. 2019 - Dec. 2019		7,185,440		1,864,143			55,102			38,579			-			215,605		213,798	(4)		303		931			-
XOL 2022-1 Oct. 2021 - Dec. 2022		71,671,369		19,351,146			141,992			141,992			-			507,114		506,301			1,611		4,779			137,913
Total		$	89,508,319	$	24,009,306	$	480,911	$	313,965	$	-	$	1,654,645	$	1,388,041		$	2,832	$	8,526	$	137,913

Quota Share Reinsurance (2)

														Losses Ceded				Ceding Commission				Earned Premiums Ceded
			Remaining		Remaining																					Reduction in
	Ceding				Remaining Ceded		Remaining Ceded																	PMIERs Minimum
Year		Insurance		Risk			Quarter-to-Date	Year-to-Date		Quarter-to-Date	Year-to-Date		Quarter-to-Date	Year-to-Date			Required
Percentage		in Force		in Force		Insurance in Force			Risk in Force						Assets (3)
Sep. 2019 - Dec. 2020	(5)	$	54,596,089	$	14,208,745	$	12,218,215	$	3,142,000		$	(464)	$	(2,208)	$	2,631	$	8,343	$	4,403	$	13,227	$	187,406
Jan. 2022 - Dec. 2023	20%		57,688,314		15,600,877			11,537,663			3,120,175			2,592		7,473			1,942		5,880			6,282	18,645	229,964
Jan. 2023 - Dec. 2023	17.5%		37,561,195		10,380,842			6,573,209			1,816,647			791		1,123			1,061		1,837			3,019	4,981	129,422
Total		$	149,845,598	$	40,190,464	$	30,329,087	$	8,078,822		$	2,919	$	6,388	$	5,634	$	16,060	$	13,704	$	36,853	$	546,792

Reinsurance provided by unaffiliated special purpose insurers through the issuance of mortgage insurance-linked notes ("ILNs").
Reinsurance provided by panels of reinsurers.
Represents the reduction in Essent Guaranty, Inc.'s Minimum Required Assets based on our interpretation of the PMIERs.
First layer retentions shown are ILN retention levels as a result of overlapping coverage within the vintage.
Reinsurance coverage on 40% of eligible single premium policies and 20% of all other eligible policies.

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Essent Group Ltd. published this content on 02 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2023 10:40:54 UTC.