Welcome to our dedicated page for Enact Holdings news (Ticker: ACT), a resource for investors and traders seeking the latest updates and insights on Enact Holdings stock.
Enact Holdings, Inc. operates as a U.S. private mortgage insurance provider serving the housing finance market through Enact Mortgage Insurance Corporation. Company news centers on mortgage insurance earnings, primary insurance in force, credit performance, PMIERs capital sufficiency, book value measures, and the operating environment for residential mortgage lending.
Recurring updates also cover capital management, including quarterly dividends, share repurchase authorizations, and capital returns. Enact's disclosures describe its work with mortgage lenders and loan originators, its underwriting and risk-management role in residential mortgage guaranty insurance, and its position as a publicly traded subsidiary of Genworth Financial.
Genworth Financial (GNW) expanded its existing share repurchase program by an additional $500 million as approved by its Board of Directors.
As of September 1, 2026, about 30 million shares had been repurchased for approximately $262 million under the prior $350 million authorization, leaving about $88 million available. The expansion increases total authorization to $850 million. Repurchases are expected to be funded from current holding company cash and future cash flows from Genworth’s ownership in Enact Holdings. The program has no expiration date and may be carried out via open-market or privately negotiated transactions, including Rule 10b5-1 plans, subject to market conditions and other factors.
Enact (Nasdaq: ACT) reported second quarter 2026 GAAP net income of $175 million, or $1.25 per diluted share, and adjusted operating income of $177 million, or $1.26 per diluted share. Return on equity was 13.0%, with adjusted operating ROE of 13.2%.
New insurance written reached $15 billion, up 19% sequentially and 15% year over year, while primary insurance in-force rose to $274 billion. Net premiums earned were $245 million and the loss ratio was 14%. Book value per share was $39.06, or $39.66 excluding AOCI.
The company reported PMIERs sufficiency of 161%, or about $1.9 billion above requirements. Enact paid a $0.24 per share dividend (~$34 million), repurchased about 2.2 million shares for $93 million, and raised full-year 2026 capital return guidance to $550–$600 million. The board declared a new $0.24 quarterly dividend, payable September 17, 2026.
Genworth Financial (NYSE: GNW) reported Q2 2026 net income of $47 million, or $0.12 per diluted share, and adjusted operating income excluding Closed Block of $112 million, or $0.29 per diluted share. Results were led by majority-owned Enact Holdings (Nasdaq: ACT), which delivered adjusted operating income of $143 million.
Enact’s primary new insurance written reached $15.2 billion, up 19% versus Q1 and 15% year-over-year, with a loss ratio of 14% and a PMIERs sufficiency ratio of 161%, or $1.894 billion above requirements. Genworth’s legacy insurance companies reported a consolidated RBC ratio of 286%.
Genworth ended the quarter with $215 million of holding company cash and liquid assets and received $103 million of capital returns from Enact. The company repurchased $62 million of shares in Q2 and $918 million since program inception through June 30, 2026. Closed Block adjusted operating loss widened to $110 million, driven by a $127 million pre-tax actual-to-expected loss in long-term care.
Enact (Nasdaq: ACT) will release its second quarter 2026 earnings after market close on August 5, 2026 and host an earnings conference call on August 6, 2026 at 8:00 a.m. ET.
Materials and the webcast will be available on Enact's investor relations website.
Genworth Financial (NYSE: GNW) will release its Q2 2026 earnings after market close on August 5, 2026, and host an earnings conference call on August 6 at 10:00 a.m. ET.
Subsidiary Enact Holdings (Nasdaq: ACT) will hold its own Q2 2026 call earlier that day at 8:00 a.m. ET.
Genworth Financial (NYSE:ACT) announced that President & CEO Tom McInerney will take a temporary leave of absence to focus on his health. CFO Jerome Upton has been appointed Interim President & CEO, effective immediately.
Upton has been with Genworth and its predecessors since 1998 and has served as CFO since March 2023.
Genworth Financial (NYSE: GNW) reported results of its 2026 annual stockholder meeting. All ten director nominees, including CEO Thomas J. McInerney, were re-elected to the board. Stockholders approved the advisory vote on named executive officer compensation, the 2026 Associate Stock Purchase Plan, and ratified KPMG as independent auditor for 2026.
Enact (Nasdaq: ACT) reported 1Q26 GAAP net income of $168 million ($1.18 diluted) and adjusted operating income of $172 million ($1.21 diluted). Primary insurance in-force was $272 billion, NIW was $13 billion, PMIERs sufficiency was 162% (~$1.9B), and the board raised the quarterly dividend to $0.24.
Highlights include buybacks of ~2.3M shares (~$93M) in the quarter, continued elevated persistency at 80%, and net investment losses of $6M in the period.
Genworth Financial (NYSE:ACT) reported Q1 2026 results. Net income was $47M ($0.12 per diluted share) and consolidated adjusted operating income, excluding Closed Block, was $109M. Enact contributed $140M adjusted operating income and returned $99M of capital.
Share repurchases totaled $66M in the quarter and $856M since program inception. Holding company cash and liquid assets were $166M. Estimated PMIERs sufficiency ratio was 162%; GLIC consolidated RBC ratio estimated at 289%.
Enact (Nasdaq: ACT) announced a quarterly dividend of $0.24 per share, a 14% increase from the prior quarter. The dividend is payable on June 18, 2026 to shareholders of record on May 28, 2026.
Management said the increase reflects the company’s financial strength and commitment to balancing capital returns with investing in the business and supporting customers.