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Introducing Enact, a Leading Private Mortgage Insurance Group

Introducing Enact, a Leading Private Mortgage Insurance Group News provided by Share this article RALEIGH, N.C., May 24, 2021 /PRNewswire/   Enact Holdings, Inc. (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, is introducing its new brand and visual identity. Formerly known as Genworth Mortgage Holdings, Inc., Enact is a wholly owned operating subsidiary of Genworth Financial, Inc. (NYSE: GNW). The rebrand includes a new name, visual identity and corporate website www.EnactMI.com and reflects the Enact group of companies proactive and responsive approach to serving their customers. This rebrand is an exciting new journey for us, and while our name and visual identity has changed, what will not change is our commitment to our customers and to our mission: helping people buy houses and stay in their homes, said Rohit Gupta, President and Chief Executive Officer of Enact. We look forward to continuing to grow with our customers, p

Genworth Prepares to Start Mortgage Insurance Unit Offering

What You Need to Know The name of the mortgage insurance unit is now Enact Holdings Inc. Shares will trade on Nasdaq under the stock symbol ACT. Genworth hopes to use part of the proceeds to handle a settlement with AXA. Genworth Financial Inc. is about to start selling 18.4% of the shares of a big mortgage insurance subsidiary to the investors, through an initial public offering. The mortgage insurance subsidiary has changed its name to Enact Holdings Inc., from Genworth Mortgage Holdings Inc. Shares of Enact’s stock will trade on the Nasdaq Global Select Market under the ticker symbol “ACT.”

Genworth Financial (GNW) Q1 2021 Earnings Call Transcript

Genworth Financial (GNW) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Genworth Financial (NYSE: GNW) Operator Good morning, ladies and gentlemen, and welcome to Genworth Financial s first-quarter 2021 earnings conference. My name is Sean, and I will be your coordinator today. [Operator instructions] As a reminder, the conference is being recorded for replay purposes. [Operator instructions] I would now like to turn the conference over to Tim Owens, vice president of investor relations. Mr. Owens, you may proceed. Tim Owens Vice President of Investor Relations Thank you, operator. Good morning, and thank you for joining Genworth s first-quarter 2021 earnings call. Our speakers are all remote this morning, so please excuse any sound quality or technical issues that may arise. Our press release and financial supplement were released last night and this morning, our earnings presentat

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