27 August 2019News

Essent named as one of Fortune’s fastest growing companies

Essent Group has been named to Fortune Magazine’s 2019 100 fastest-growing companies, ranking 52nd among the world’s top three-year performers in revenues, profits and stock returns.

Essent Group offers mortgage-related insurance, reinsurance and advisory services through its Bermuda-based subsidiary, Essent Reinsurance. Through its wholly-owned subsidiary Essent Guaranty, it also offers private mortgage insurance for single-family mortgage loans in the US.

Essent also provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners.

Mark Casale, chairman and chief executive officer, welcomed the recognition from Fortune. “Our strong customer relationships and best in class service have enabled this achievement and I am very proud of our entire Essent Team.”

More on this story

25 September 2023   The mortgage re/insurer’s balance sheet is rated as ‘strongest’ by AM Best.
10 August 2023   The mortgage insurance ILS transaction is the first of 2023.
7 August 2023   The Bermuda-based insurer reports premium growth, interest rate increases.