Essent posts higher net income at year’s midpoint

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Our run-off portfolios generated $54 million of income before income tax for the period and accounted for less than 3% of our gross RIF as of December 31, 2015. Market Opportunity Demand for mortgage insurance is driven by the origination of “low down payment” or “high LTV” mortgages where the loan amount exceeds 80% of the value of the underlying home.

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Bermudian-based mortgage re/insurer Essent Group Ltd reported net income of $127.7 million for the first quarter, up from $111.1 million a year earlier.Earnings broke down to $1.30 per share.

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Essent Group , Ltd. Q3 2018. we reported net income of $116 million or $1.18 per diluted share, compared to $112 or $1.14 per diluted share for the second quarter and $78 million or $0.82 per.

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Kimberly-Clark Announces Year-End 2009 Results and 2010 Outlook.. mainly as a result of higher net income at Kimberly-Clark de Mexico, S.A.B. de C.V. (KCM).. The year-over-year increase at the midpoint is equivalent to an approximate 1 1/2 point reduction in earnings growth.