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Nature of Operations and Basis of Presentation (Tables)
 9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Effects of Reinsurance The following table summarizes the quota share reinsurance coverage that Essent Re has provided to Essent Guaranty for the respective NIW periods:
NIW Period
Ceding Percentage
January 1, 2025 to Present50%
January 1, 2021 to December 31, 202435%
Prior to January 1, 202125%
The effect of reinsurance on net premiums written and earned is as follows:
Three Months Ended 
September 30,		Nine Months Ended 
September 30,
(In thousands)2025202420252024
Net premiums written:
Direct$280,796 $277,754 $828,062 $819,595 
Ceded (1)(38,968)(34,789)(106,475)(92,524)
Net premiums written$241,828 $242,965 $721,587 $727,071 
Net premiums earned:
Direct$285,300 $283,725 $847,464 $838,941 
Ceded (1)(38,968)(34,789)(106,475)(92,524)
Net premiums earned$246,332 $248,936 $740,989 $746,417 
(1)Net of profit commission.
The following table summarizes Essent Guaranty's quota share reinsurance agreements as of September 30, 2025:

QSR AgreementCoverage PeriodCeding Percentage
QSR-2019
September 1, 2019 - December 31, 2020
(1)
QSR-2022
January 1, 2022 - December 31, 2022
20%
QSR-2023January 1, 2023 - December 31, 202317.5%
QSR-2024
January 1, 2024 - December 31, 2024
15%
QSR-2025
January 1, 2025 - December 31, 2025
25%
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(1)Under QSR-2019, Essent Guaranty cedes 40% of premiums on singles policies and 20% on all other policies.