Enact enters 35% quota share with panel of reinsurers
Enact Holdings, Inc., a U.S. private mortgage insurance provider, has announced that its wholly owned subsidiary, Enact Mortgage Insurance Corporation, has entered into a quota share reinsurance agreement with a panel of reinsurers as part of its diversified credit risk transfer programme. Each reinsurer on the panel is currently rated “A-” or better by S&P…