Does Quota Share Reinsurance Change The Bull Case For Enact Holdings (ACT)?
Enact Holdings (ACT) announced a quota share reinsurance agreement, ceding 35% of new 2028 insurance to improve balance sheet resilience. The move focuses on long-term risk distribution, not near-term earnings. Current earnings are $683.3M, with analysts forecasting a slight decline to $661.8M by 2029. The decision aims to manage capital needs and loss volatility, potentially influencing valuation and dividends.



