Essent Group Ltd (NYSE: ESNT) is a private mortgage insurance company that provides credit risk protection to mortgage lenders and investors on residential mortgage loans. It makes money by collecting insurance premiums from lenders on loans where the borrower's down payment is below 20% of the home's purchase price, covering lender losses if borrowers default. The 10-K filed 2026-02-18 (accession 000144889326000009) does not provide sufficient extracted detail in the supplied excerpts to confirm segment revenue percentages, exact policy counts, market share figures, named competitors, headquarters, founding year, or current CEO tenure. Based solely on the available filing excerpts, further specifics about geographic mix, customer concentration, capital structure, or leadership cannot be confirmed and are therefore omitted per source-grounding rules.

Revenue model

Premium income collected on private mortgage insurance policies written on residential mortgage loans with loan-to-value ratios above 80%.

Products and services

Private mortgage insurance (PMI) on residential mortgage loans.

Customers and end markets

Mortgage lenders and investors in the U.S. residential mortgage market.

Value-chain role

Credit risk intermediary between mortgage originators and the GSEs or capital markets, absorbing first-loss default risk on high-LTV residential loans.

Source: SEC 10-K, filed 2026-02-18

Industry: Surety Insurance