Essent Guaranty: Essent closes $237.9m capital markets mortgage deal

Essent Group subsidiary Essent Guaranty has obtained $237.9 million of fully collateralized excess of loss mortgage reinsurance coverage from the capital markets. The reinsurance applies to policies written in October 2021 through July 2022 from Radnor Re 2022-1 Ltd., a newly formed Bermuda special purpose insurer. Radnor Re 2022-1 has funded its reinsurance obligations through [...]The post Essent closes $237.9m capital markets mortgage deal appeared first on ReinsuranceNe.ws.