Essent Group Ltd.

US private mortgage insurer and reinsurer, headquartered in Bermuda

What Essent does

Essent insures mortgage lenders against losses when homeowners stop paying their home loans. This lets lenders offer mortgages to borrowers who make smaller down payments. It also sells title insurance and settlement services and provides reinsurance.

How Essent makes money

It earns premiums from mortgage insurance, reinsurance and title insurance policies, along with investment income on the premiums it holds. It also charges fees for services such as contract underwriting, IT and underwriting consulting.

Products & services

• Primary mortgage insurance
• Pool mortgage insurance
• Master policy mortgage insurance
• Reinsurance and credit risk management products
• Title insurance and settlement services
• Contract underwriting services