Essent Closes $281.5M Reinsurance Transaction

Essent Group Ltd. announced that its wholly-owned subsidiary, Essent Guaranty, Inc., has obtained $281.5 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written in August 2022 through June 2023 from Radnor Re 2023-1 Ltd., a newly formed Bermuda special purpose insurer. A spokesperson said, “Radnor Re 2023-1 Ltd. has funded […]

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