Attached files

file filename
EX-99.1 - EXHIBIT 99.1 - Essent Group Ltd.march2018creditrisktrans.htm



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

FORM 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): March 29, 2018

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

 
 
 
 
 
Bermuda
 
001-36157
 
Not Applicable
(State of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
 
 
 
 
 
Clarendon House
2 Church Street
Hamilton HM11, Bermuda
(Address of Principal Executive Offices and Zip Code)
 
(441) 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:
¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨

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        ¨

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. ¨





Item 8.01.    Other Events

On March 29, 2018, Essent Group Ltd. (the "Company") posted on its website (www.essentgroup.com) a presentation regarding a $424.4 million fully collateralized excess of loss reinsurance transaction that its wholly owned subsidiary, Essent Guaranty, Inc. ("Essent"), entered into with Radnor Re 2018-1 Ltd., a newly formed Bermuda special purpose insurer, on March 22, 2018 covering mortgage insurance policies written by Essent in 2017. A copy of the presentation is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.             Financial Statements and Exhibits
(d)
Exhibits
Exhibit
 No.
  
Description
 
 
Presentation of Essent Group Ltd. dated March 29, 2018
 
 
 





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: March 29, 2018

ESSENT GROUP LTD.


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