Essent: $557.9M Reinsurance Transaction

Essent Group Ltd. announced that its wholly-owned subsidiary, Essent Guaranty, Inc. has obtained $557.9 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written in August 2020 through March 2021 from Radnor Re 2021-1 Ltd, a newly formed Bermuda special purpose insurer. A spokesperson said, “Radnor Re 2021-1 Ltd. is not a […]

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