ESNT - Essent Group Ltd. (ESNT) Q1 2024 Earnings Call Transcript

2024-05-03 18:55:26 ET

Essent Group Ltd. (ESNT)

Q1 2024 Earnings Conference Call

May 3, 2024 10:00 AM ET

Company Participants

Phil Stefano - IR

Mark Casale - Chairman & CEO

David Weinstock - CFO

Christopher Curran - President, Essent Guaranty

Conference Call Participants

Terry Ma - Barclays

Doug Harter - UBS

Soham Bhonsle - BTIG

Melissa Wedel - J.P. Morgan

Mihir Bhatia - Bank of America

Bose George - KBW

Presentation

Operator

Thank you for standing by, and welcome to the Essent Group Limited First Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I'd now like to turn the call over to Phil Stefano, Investor Relations. You may begin.

Phil Stefano

Thank you, Rob. Good morning, everyone, and welcome to our call. Joining me today are Mark Casale, Chairman and CEO; and David Weinstock, Chief Financial Officer. Also on hand for the Q&A portion of the call is Chris Curran, President of Essent Guaranty.

Our press release, which contains Essent's financial results for the first quarter of 2024 was issued earlier today and is available on our website at essentgroup.com. Our press release includes non-GAAP financial measures that may be discussed during today's call. A complete description of these measures and the reconciliation to GAAP may be found in Exhibit O of our press release.

Prior to getting started, I would like to remind participants that today's discussions are being recorded and will include the use of forward-looking statements. These statements are based on current expectations, estimates, projections and assumptions that are subject to risks and uncertainties, which may cause actual results to differ materially.

For a discussion of these risks and uncertainties, please review the cautionary language regarding forward-looking statements in today's press release, the risk factors included in our Form 10-K filed with the SEC on February 16, 2024, and any other reports and registration statements filed with the SEC, which are also available on our website....

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