Enact Holdings, Inc. · NASDAQ:ACT

Enact — Q2 2026 Earnings Presentation

15 slides from Enact's earnings presentation, Aug 5, 2026

  1. Slide 1: Second Quarter 2026 Financial Supplement

    Second Quarter 2026 Financial Supplement

  2. Slide 2: GAAP/Non-GAAP Disclosure Discussion

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 GAAP/Non-GAAP Disclosure Discussion This document includes the non-GAAP financial measures entitled “adjusted operating income (loss),” “adjusted operating income (loss) per share," and “adjusted operating return on equity." Adjusted oper

  3. Slide 3: Consolidated Income Statement and Adjusted Operating Income

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 2Q 1Q Total 4Q 3Q 2Q 1Q Total REVENUES: Premiums $244,656 $242,850 $487,506 $245,742 $244,688 $245,289 $244,786 $980,505 Net investment income 73,211 70,906 144,117 68,621 68,611 65,884 63,037 266,153 Net investment gains (losses) (2,234)

  4. Slide 4: Consolidated Balance Sheets

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 Assets Investments: Fixed maturity securities available-for-sale, at fair value $6,161,975 $6,133,789 $6,050,542 $6,068,501 $5,896,818 $5,815,3

  5. Slide 5: New Insurance Written by Product and Origination

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 Total Direct NIW % of NIW NIW % of NIW NIW % of NIW NIW % of NIW NIW % of NIW NIW % of NIW NIW % of NIW NIW % of NIW Product Primary $15,199 100 % $12,786 100 % $27,985 100 % $14,386 100 % $14,048 100 % $13,254 100 % $9,818 100 % $51,506

  6. Slide 6: Insurance in Force by Product and Origination

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 Total Direct IIF % of IIF IIF % of IIF IIF % of IIF IIF % of IIF IIF % of IIF IIF % of IIF Product Primary $273,953 100 % $272,475 100 % $273,147 100 % $272,349 100 % $269,754 100 % $268,366 100 % Pool 306 - % 317 - % 331 - % 342 - % 355

  7. Slide 7: Insurance in Force by Credit Score and LTV

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 IIF % of IIF IIF % of IIF IIF % of IIF IIF % of IIF IIF % of IIF IIF % of IIF Credit Score(1) Over 760 $121,349 44 % $120,104 44 % $120,093 44 % $119,234 44 % $117,403 44 % $115,914 43 % 740 - 759 45,274 17 % 44,933 16 % 44,898 16 % 44,67

  8. Slide 8: Risk in Force by Product and Origination

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 Total Direct RIF % of RIF RIF % of RIF RIF % of RIF RIF % of RIF RIF % of RIF RIF % of RIF Product Primary $71,616 100 % $71,245 100 % $71,363 100 % $71,144 100 % $70,401 100 % $69,937 100 % Pool 48 - % 49 - % 51 - % 52 - % 54 - % 55 - %

  9. Slide 9: Risk in Force by Credit Score and LTV

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 RIF % of RIF RIF % of RIF RIF % of RIF RIF % of RIF RIF % of RIF RIF % of RIF Credit Score(1) Over 760 $31,519 44 % $31,204 44 % $31,186 44 % $30,991 44 % $30,502 43 % $30,093 43 % 740 - 759 11,878 17 % 11,783 16 % 11,765 16 % 11,709 16 %

  10. Slide 10: Delinquency Roll-forward and Incurred Losses

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 2Q 1Q 4Q 3Q 2Q 1Q Beginning Number of Primary Delinquencies 24,670 24,885 23,382 22,118 22,349 23,566 New delinquencies 12,299 13,559 13,679 12,998 11,567 12,237 Delinquency cures (12,269) (13,477) (11,883) (11,467) (11,574) (13,263) Paid

  11. Slide 11: Missed Payment Status Tables - Direct Primary

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 Percentage Reserved by Payment Status Delinquencies Case Reserves Risk In- Force Reserves as % of RIF Delinquencies Case Reserves Risk In- Force Reserves as % of RIF Delinquencies Case Reserves Risk In- Force Reserves as % of RIF 3 paymen

  12. Slide 12: Top States, MSAs and Book Year Exposure

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 Top 10 States % RIF % Case Reserves (1) Delq Rate Top 10 MSAs / Metro Divisions % RIF % Case Reserves (1) Delq Rate Book Year RIF & Losses % RIF % Case Reserves (1) Delq Rate Cum Delq Rate (2) California 12% 13% 2.87% Phoenix, AZ MSA 3% 3

  13. Slide 13: Investment Portfolio Fixed Maturity Securities

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 Carrying Amount % of Total Carrying Amount % of Total Carrying Amount % of Total Carrying Amount % of Total Carrying Amount % of Total Carrying Amount % of Total Fixed Maturity Securities: U.S. treasuries $286,142 5 % $268,722 4 % $257,30

  14. Slide 14: Reinsurance Transactions: ILN, XOL and QSR

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 2021-2 ILN 2021-3 ILN 2023-1 ILN 2021 XOL 2022-1 XOL 2022-2 XOL 2022-3 XOL 2022-4 XOL 2022-5 XOL 2023-1 XOL 2024-1 XOL 2024-2 XOL 2025-1 XOL 2025-2 XOL 2026-1 XOL 2026-2 XOL 2023-1 QSR 2024-1 QSR 2025-1 QSR 2026-1 QSR 9/20-12/20 1/21-6/21

  15. Slide 15: Statutory Capital, Risk-to-Capital and PMIERs

    Enact Holdings, Inc. Financial Supplement Second Quarter 2026 2Q 1Q 4Q 3Q 2Q 1Q COMBINED(1) STAT: Statutory policyholders' surplus $770 $785 $806 $823 $821 $815 Contingency reserves 4,588 4,551 4,513 4,471 4,425 4,381 Combined statutory capital $5,358 $5,336 $5,319 $5,294 $5,246 $5,196 Adjusted RIF(

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