SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Essent Group Ltd. – ‘8-K’ for 8/5/20

On:  Wednesday, 8/5/20, at 8:43am ET   ·   For:  8/5/20   ·   Accession #:  1448893-20-78   ·   File #:  1-36157

Previous ‘8-K’:  ‘8-K’ on / for 7/7/20   ·   Next:  ‘8-K’ on / for 8/7/20   ·   Latest:  ‘8-K’ on / for 2/9/24

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size

 8/05/20  Essent Group Ltd.                 8-K:7       8/05/20   12:183K

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     30K 
 8: R1          Cover Page                                          HTML     45K 
10: XML         IDEA XML File -- Filing Summary                      XML     12K 
 7: XML         XBRL Instance -- form8-kmonthlydefaulti_htm          XML     15K 
 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 3: EX-101.CAL  XBRL Calculations -- esnt-20200805_cal               XML      7K 
 4: EX-101.DEF  XBRL Definitions -- esnt-20200805_def                XML      9K 
 5: EX-101.LAB  XBRL Labels -- esnt-20200805_lab                     XML     66K 
 6: EX-101.PRE  XBRL Presentations -- esnt-20200805_pre              XML     36K 
 2: EX-101.SCH  XBRL Schema -- esnt-20200805                         XSD     15K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    18K 
12: ZIP         XBRL Zipped Folder -- 0001448893-20-000078-xbrl      Zip     14K 


‘8-K’   —   Current Report


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX:   C:   C:   C: 
  Document  
 i false i 0001448893 0001448893 2020-08-05 2020-08-05



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM  i 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of Earliest Event Reported):  i August 5, 2020

 i ESSENT GROUP LTD.
(Exact name of registrant as specified in its charter) 

 
 
 
 
 
 i Bermuda
 
 
Not Applicable
(State of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
 
 
 
 
 
 i Clarendon House
 i 2 Church Street
 i Hamilton  i HM11,  i Bermuda
(Address of Principal Executive Offices and Zip Code)

( i 441 i 297‑9901
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 i 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 i 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 i 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 i 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company         i 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition
period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
 
Trading
Symbol(s)
 
Name of each exchange on which registered
 i Common Shares, $0.015 par value
 
 i ESNT
 
 i New York Stock Exchange







Item 7.01.    Regulation FD Disclosure
The table below sets forth, as of the date and for the period indicated, the following operating statistics of Essent Guaranty, Inc. (“Essent Guaranty”), the primary US mortgage insurance subsidiary of Essent Group Ltd. (the “Company”): (i) insurance in force, and (ii) the number and percentage of mortgage loans insured that were reported to have missed at least two consecutive payments of principal and interest, including forbearance-related delinquencies as a result of COVID-19.   The information regarding new delinquencies and cures is reported to Essent Guaranty from loan servicers. Default reporting, particularly on a monthly basis, may be affected by several factors, including the date on which the report is generated and transmitted to Essent Guaranty, updated information submitted by servicers and by the timing of servicing transfers.
Insurance in Force as of July 31, 2020 ($ in millions)
 
$
180,978

 
 
 
Rollforward of Insured Loans in Default (count)
 
 
Balance, June 30, 2020
 
38,068

Plus: new defaults
 
5,486

Less: cures
 
(5,754
)
Less: claims paid
 
(27
)
Less: rescissions and denials, net
 
(11
)
Balance, July 31, 2020
 
37,762

 
 
 
Percentage of Loans in Default as of July 31, 2020
 
5.01
%

The information set forth in this Item 7.01 of this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information in this Item 7.01 of this Current Report on Form 8-K shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.









SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 5, 2020

ESSENT GROUP LTD.


By:
Name: Lawrence E. McAlee
Title: Senior Vice President and Chief Financial Officer




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed on / For Period end:8/5/203
7/31/20
6/30/2010-Q
 List all Filings 
Top
Filing Submission 0001448893-20-000078   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Fri., Mar. 29, 6:30:31.1am ET