Enact Holdings Inc. has received a credit rating upgrade from Moody's Investor Service, with its flagship insurance subsidiary, Enact Mortgage Insurance Corporation, moving from A3 to A2. Additionally, Enact Holdings' long-term issuer and senior unsecured debt ratings improved from Baa3 to Baa2, with a stable outlook. This marks the fourth upgrade from Moody's since the company's IPO in 2021, highlighting Enact's financial discipline and capital strength.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.