Essent : Guaranty of PA Q3 2020

*13748202020100103*

PROPERTY AND CASUALTY COMPANIES - ASSOCIATION EDITION

QUARTERLY STATEMENT

AS OF SEPTEMBER 30, 2020

OF THE CONDITION AND AFFAIRS OF THE

Essent Guaranty of PA, Inc.

NAIC Group Code

4694

4694

NAIC Company Code 13748

Employer's ID Number

27-1440460

(Current)

(Prior)

Organized under the Laws of

Pennsylvania

, State of Domicile or Port of Entry

PA

Country of Domicile

United States of America

Incorporated/Organized

11/19/2009

Commenced Business

03/15/2010

Statutory Home Office

Two Radnor Corporate Center - 100 Matsonford Rd., 3rd Floor ,

Radnor, PA, US 19087

(Street and Number)

(City or Town, State, Country and Zip Code)

Main Administrative Office

Two Radnor Corporate Center - 100 Matsonford Rd., 3rd Floor

(Street and Number)

Radnor, PA, US 19087

,

877-673-8190

(City or Town, State, Country and Zip Code)

(Area Code) (Telephone Number)

Mail Address

Two Radnor Corporate Center - 100 Matsonford Rd., 3rd Floor

,

Radnor, PA, US 19087

(Street and Number or P.O. Box)

(City or Town, State, Country and Zip Code)

Primary Location of Books and Records

Two Radnor Corporate Center - 100 Matsonford Rd., 3rd Floor

(Street and Number)

Radnor, PA, US 19087

,

877-673-8190

(City or Town, State, Country and Zip Code)

(Area Code) (Telephone Number)

Internet Website Address

www.essent.us

Statutory Statement Contact

David Weinstock

,

610-230-0569

(Name)

(Area Code) (Telephone Number)

[e-mail]

,

610-386-2396

(E-mail Address)

(FAX Number)

OFFICERS

President/CEO	Mark Anthony Casale	SVP/CFO	Lawrence Edmond McAlee Jr.
SVP/CLO/Secretary	Mary Lourdes Gibbons	SVP/COO	William Daniel Kaiser

OTHER

Anthony David Shore, VP/Assistant SecretaryPeter Aaron Simon, VP/Treasurer

DIRECTORS OR TRUSTEES

		Mark Anthony Casale			Jane Patricia Chwick		Robert Emil Glanville
		Angela Louise Heise			Roy James Kasmar		Lawrence Edmond McAlee Jr.
		Douglas John Pauls
State of	Pennsylvania			SS:
County of	Delaware

The officers of this reporting entity being duly sworn, each depose and say that they are the described officers of said reporting entity, and that on the reporting period stated above, all of the herein described assets were the absolute property of the said reporting entity, free and clear from any liens or claims thereon, except as herein stated, and that this statement, together with related exhibits, schedules and explanations therein contained, annexed or referred to, is a full and true statement of all the assets and liabilities and of the condition and affairs of the said reporting entity as of the reporting period stated above, and of its income and deductions therefrom for the period ended, and have been completed in accordance with the NAIC Annual Statement Instructions and Accounting Practices and Procedures manual except to the extent that: (1) state law may differ; or, (2) that state rules or regulations require differences in reporting not related to accounting practices and procedures, according to the best of their information, knowledge and belief, respectively. Furthermore, the scope of this attestation by the described officers also includes the related corresponding electronic filing with the NAIC, when required, that is an exact copy (except for formatting differences due to electronic filing) of the enclosed statement. The electronic filing may be requested by various regulators in lieu of or in addition to the enclosed statement.

	Mark Anthony Casale		Mary Lourdes Gibbons	Lawrence Edmond McAlee Jr.
	President/CEO		SVP/CLO/Secretary		SVP/CFO
						a. Is this an original filing?	Yes [ X ] No [ ]
Subscribed and sworn to before me this			b. If no,
6th		day of		November 2020		1.	State the amendment number
					2.	Date filed
					3.	Number of pages attached
Denise Lynn Jones
Notary Public
05/05/2022

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

ASSETS

			Current Statement Date		4
		1	2		3	December 31
					Net Admitted Assets	Prior Year Net
		Assets	Nonadmitted Assets		(Cols. 1 - 2)	Admitted Assets
1.	Bonds	108,568,919			108,568,919	103,366,891
2.	Stocks:
	2.1 Preferred stocks				0	0
	2.2 Common stocks				0	0

3. Mortgage loans on real estate:

	3.1 First liens						0	0
	3.2 Other than first liens				0	0
4.	Real estate:
	4.1 Properties occupied by the company (less $
	encumbrances)					0	0
	4.2 Properties held for	the production of income (less
	$			encumbrances)			0	0
	4.3 Properties held for sale (less $
	encumbrances)					0	0
5.	Cash ($		1,362,310	), cash equivalents
	($	1,213,797 ) and short-term
	investments ($			)	2,576,107		2,576,107	3,916,515
6.	Contract loans (including $	premium notes)			0	0
7.	Derivatives						0	0
8.	Other invested assets					0	0
9.	Receivables for securities				0	0
10.	Securities lending reinvested collateral assets			0	0
11.	Aggregate write-ins for invested assets	0	0	0	0
12.	Subtotals, cash and invested assets (Lines 1 to 11)	111,145,026	0	111,145,026	107,283,406
13.	Title plants less $		charged off (for Title insurers
	only)						0	0
14.	Investment income due and accrued	608,179		608,179	572,083
15.	Premiums and considerations:
	15.1 Uncollected premiums and agents' balances in the course of collection	314,235		314,235	457,644

15.2 Deferred premiums, agents' balances and installments booked but deferred and not yet due (including $

		earned but unbilled premiums)				0	0
	15.3	Accrued retrospective premiums ($	) and
		contracts subject to redetermination ($	)			0	0
16.	Reinsurance:
	16.1	Amounts recoverable from reinsurers				0	0
	16.2	Funds held by or deposited with reinsured companies				0	0
	16.3	Other amounts receivable under reinsurance contracts				0	0
17.	Amounts receivable relating to uninsured plans				0	0
18.1	Current federal and foreign income tax recoverable and interest thereon	129,702		129,702	0
18.2	Net deferred tax asset		109,174	2,552	106,622	155,391
19.	Guaranty funds receivable or on deposit				0	0
20.	Electronic data processing equipment and software				0	0

21. Furniture and equipment, including health care delivery assets

	($	)			0	0
22.	Net adjustment in assets and liabilities due to foreign exchange rates			0	0
23.	Receivables from parent, subsidiaries and affiliates			0	0
24.	Health care ($	) and other amounts receivable			0	0
25.	Aggregate write-ins for other than invested assets	0	0	0	0

26. Total assets excluding Separate Accounts, Segregated Accounts and

Protected Cell Accounts (Lines 12 to 25)

112,306,316

2,552

112,303,764

108,468,524

27. From Separate Accounts, Segregated Accounts and Protected Cell

	Accounts			0	0
28.	Total (Lines 26 and 27)	112,306,316	2,552	112,303,764	108,468,524
	DETAILS OF WRITE-INS
1101.
1102.
1103.
1198.	Summary of remaining write-ins for Line 11 from overflow page	0	0	0	0
1199.	Totals (Lines 1101 through 1103 plus 1198)(Line 11 above)	0	0	0	0
2501.
2502.
2503.
2598.	Summary of remaining write-ins for Line 25 from overflow page	0	0	0	0
2599.	Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)	0	0	0	0

2

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

LIABILITIES, SURPLUS AND OTHER FUNDS

			1	2
			Current	December 31,
			Statement Date	Prior Year
1.	Losses (current accident year $	1,171,514 )	1,702,631	810,660
2.	Reinsurance payable on paid losses and loss adjustment expenses		0
3.	Loss adjustment expenses		47,609	40,955

4. Commissions payable, contingent commissions and other similar charges

5. Other expenses (excluding taxes, licenses and fees)

50,007

43,844

6. Taxes, licenses and fees (excluding federal and foreign income taxes)

7.1	Current federal and foreign income taxes (including $	on realized capital gains (losses))			191,787
7.2	Net deferred tax liability
8.	Borrowed money $	and interest thereon $
9.	Unearned premiums (after deducting unearned premiums for ceded reinsurance of $	and
	including warranty reserves of $	and accrued accident and health experience rating refunds
	including $	for medical loss ratio rebate per the Public Health Service Act)		802,126	1,343,561
10.	Advance premium
11.	Dividends declared and unpaid:
	11.1 Stockholders
	11.2 Policyholders
12.	Ceded reinsurance premiums payable (net of ceding commissions)				0
13.	Funds held by company under reinsurance treaties				0

1. Amounts withheld or retained by company for account of others
2. Remittances and items not allocated

16.	Provision for reinsurance (including $	certified)		0
17.	Net adjustments in assets and liabilities due to foreign exchange rates
18.	Drafts outstanding
19.	Payable to parent, subsidiaries and affiliates		112,610	144,888
20.	Derivatives		0	0

21. Payable for securities

22. Payable for securities lending

23. Liability for amounts held under uninsured plans

24.	Capital notes $	and interest thereon $
25.	Aggregate write-ins for liabilities			55,412,917	52,956,950
26.	Total liabilities excluding protected cell liabilities (Lines 1 through 25)		58,127,900	55,532,645
27.	Protected cell liabilities
28.	Total liabilities (Lines 26 and 27)			58,127,900	55,532,645
29.	Aggregate write-ins for special surplus funds			0	0
30.	Common capital stock				2,500,000	2,500,000
31.	Preferred capital stock
32.	Aggregate write-ins for other than special surplus funds			0	0
33.	Surplus notes
34.	Gross paid in and contributed surplus			36,500,000	36,500,000
35.	Unassigned funds (surplus)				15,175,864	13,935,879
36.	Less treasury stock, at cost:
	36.1	shares common (value included in Line 30	$	)
	36.2	shares preferred (value included in Line 31	$	)
37.	Surplus as regards policyholders (Lines 29 to 35, less 36)			54,175,864	52,935,879
38.	Totals (Page 2, Line 28, Col. 3)			112,303,764	108,468,524
	DETAILS OF WRITE-INS
2501.	Statutory contingency reserve			55,412,917	52,956,950
2502.
2503.
2598.	Summary of remaining write-ins for Line 25 from overflow page			0	0
2599.	Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)			55,412,917	52,956,950
2901.
2902.
2903.
2998.	Summary of remaining write-ins for Line 29 from overflow page			0	0
2999.	Totals (Lines 2901 through 2903 plus 2998)(Line 29 above)			0
		0
3201.
3202.
3203.
3298.	Summary of remaining write-ins for Line 32 from overflow page			0	0
3299.	Totals (Lines 3201 through 3203 plus 3298)(Line 32 above)			0	0

3

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

STATEMENT OF INCOME

					1	2	3
					Current	Prior Year	Prior Year Ended
					Year to Date	to Date	December 31
		UNDERWRITING INCOME
1.	Premiums earned:
	1.1 Direct (written $	)					0
	1.2 Assumed (written $	4,371,277	)		4,912,712	6,860,105	8,824,077
	1.3 Ceded (written $	)					0
	1.4 Net (written $	4,371,277 )			4,912,712	6,860,105	8,824,077
		DEDUCTIONS:
2.	Losses incurred (current accident year $	1,171,514	):
	2.1 Direct						0
	2.2 Assumed				1,124,200	114,684	150,485
	2.3 Ceded						0
	2.4 Net				1,124,200	114,684	150,485
3.	Loss adjustment expenses incurred			10,213	25,679	39,089
4.	Other underwriting expenses incurred			1,727,614	2,186,648	2,830,976
5.	Aggregate write-ins for underwriting deductions			0	0	0
6.	Total underwriting deductions (Lines 2 through 5)		2,862,027	2,327,011	3,020,550
7.	Net income of protected cells
8.	Net underwriting gain or (loss) (Line 1 minus Line 6 + Line 7)		2,050,685	4,533,094	5,803,527
		INVESTMENT INCOME
9.	Net investment income earned			1,902,931	2,153,139	2,880,031
10.	Net realized capital gains (losses) less capital gains tax of $	4,244	15,967	169,666	165,212
11.	Net investment gain (loss) (Lines 9 + 10)			1,918,898	2,322,805	3,045,243
		OTHER INCOME
12.	Net gain or (loss) from agents' or premium balances charged off (amount recovered
	$	amount charged off $	)	0	0	0
13.	Finance and service charges not included in premiums
14.	Aggregate write-ins for miscellaneous income			0	0	0
15.	Total other income (Lines 12 through 14)			0	0	0
16.	Net income before dividends to policyholders, after capital gains tax and before all other federal
	and foreign income taxes (Lines 8 + 11 + 15)			3,969,583	6,855,899	8,848,770
17.	Dividends to policyholders
18.	Net income, after dividends to policyholders, after capital gains tax and before all other federal and
	foreign income taxes (Line 16 minus Line 17)			3,969,583	6,855,899	8,848,770
19.	Federal and foreign income taxes incurred			224,862	571,204	775,412
20.	Net income (Line 18 minus Line 19)(to Line 22)			3,744,721	6,284,695	8,073,358
		CAPITAL AND SURPLUS ACCOUNT
21.	Surplus as regards policyholders, December 31 prior year		52,935,879	49,336,374	49,336,374
22.	Net income (from Line 20)				3,744,721	6,284,695	8,073,358
23.	Net transfers (to) from Protected Cell accounts
24.	Change in net unrealized capital gains (losses)	less capital gains tax of $
25.	Change in net unrealized foreign exchange capital gain (loss)
26.	Change in net deferred income tax			(54,331)	(69,016)	(74,532)
27.	Change in nonadmitted assets			5,562	11,182	12,718
28.	Change in provision for reinsurance					0

1. Change in surplus notes
2. Surplus (contributed to) withdrawn from protected cells

31. Cumulative effect of changes in accounting principles

32. Capital changes:

32.1 Paid in

1. Transferred from surplus (Stock Dividend)
2. Transferred to surplus

33. Surplus adjustments:
33.1	Paid in	0	0	0
33.2	Transferred to capital (Stock Dividend)

33.3 Transferred from capital

34. Net remittances from or (to) Home Office

35.	Dividends to stockholders
36.	Change in treasury stock			0
37.	Aggregate write-ins for gains and losses in surplus	(2,455,967)	(3,430,052)	(4,412,039)
38.	Change in surplus as regards policyholders (Lines 22 through 37)	1,239,985	2,796,809	3,599,505
39.	Surplus as regards policyholders, as of statement date (Lines 21 plus 38)	54,175,864	52,133,183	52,935,879
	DETAILS OF WRITE-INS
0501.
0502.
0503.
0598.	Summary of remaining write-ins for Line 5 from overflow page	0	0	0
0599.	Totals (Lines 0501 through 0503 plus 0598)(Line 5 above)	0	0
0
1401.
1402.
1403.
1498.	Summary of remaining write-ins for Line 14 from overflow page	0	0	0
1499.	Totals (Lines 1401 through 1403 plus 1498)(Line 14 above)	0
0	0
3701.	Increase in contingency reserve	(2,455,967)	(3,430,052)	(4,412,039)
3702.
3703.
3798.	Summary of remaining write-ins for Line 37 from overflow page	0	0	0
3799.	Totals (Lines 3701 through 3703 plus 3798)(Line 37 above)	(2,455,967)	(3,430,052)	(4,412,039)

4

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

CASH FLOW

			1	2	3
			Current Year	Prior Year	Prior Year Ended
			To Date	To Date	December 31
	Cash from Operations
1.	Premiums collected net of reinsurance		4,514,686	6,388,290	8,201,543
2.	Net investment income		2,323,344	2,371,369	3,225,456
3.	Miscellaneous income		0	0	0
4.	Total (Lines 1 to 3)		6,838,030	8,759,659	11,426,999
5.	Benefit and loss related payments		232,229	230,322	299,698
6.	Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts	0	0	0
7.	Commissions, expenses paid and aggregate write-ins for deductions		1,725,010	2,186,857	2,842,358
8.	Dividends paid to policyholders		0	0	0
9.	Federal and foreign income taxes paid (recovered) net of $	tax on capital
	gains (losses)		550,595	560,934	788,635
10.	Total (Lines 5 through 9)		2,507,834	2,978,113	3,930,691
11.	Net cash from operations (Line 4 minus Line 10)		4,330,196	5,781,546	7,496,308

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

12.1	Bonds	11,427,694	14,124,502	18,053,699
12.2	Stocks	0	0	0
12.3	Mortgage loans	0	0	0
12.4	Real estate	0	0	0
12.5	Other invested assets	0	0	0
12.6	Net gains or (losses) on cash, cash equivalents and short-term investments	0	0	0
12.7	Miscellaneous proceeds	0	376,662	0
12.8 Total investment proceeds (Lines 12.1 to 12.7)	11,427,694	14,501,164	18,053,699
13. Cost of investments acquired (long-term only):
13.1	Bonds	17,066,020	29,272,366	33,336,427
13.2	Stocks	0	0	0
13.3	Mortgage loans	0	0	0
13.4	Real estate	0	0	0
13.5	Other invested assets	0	0	0
13.6	Miscellaneous applications	0	0	0
13.7	Total investments acquired (Lines 13.1 to 13.6)	17,066,020	29,272,366	33,336,427
14. Net increase (or decrease) in contract loans and premium notes	0	0	0
15. Net cash from investments (Line 12.8 minus Line 13.7 and Line 14)	(5,638,326)	(14,771,202)	(15,282,728)

Cash from Financing and Miscellaneous Sources

16. Cash provided (applied):

	16.1	Surplus notes, capital notes	0	0	0
	16.2	Capital and paid in surplus, less treasury stock	0	0	0
	16.3	Borrowed funds	0	0	0
	16.4	Net deposits on deposit-type contracts and other insurance liabilities	0	0	0
	16.5 Dividends to stockholders	0	0	0
	16.6 Other cash provided (applied)	(32,278)	(1,049)	(4,552)
17.	Net cash from financing and miscellaneous sources (Line 16.1 through Line 16.4 minus Line 16.5
	plus Line 16.6)	(32,278)	(1,049)	(4,552)
	RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
18.	Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17)	(1,340,408)	(8,990,705)	(7,790,972)
19.	Cash, cash equivalents and short-term investments:
	19.1	Beginning of year	3,916,515	11,707,487	11,707,487
	19.2 End of period (Line 18 plus Line 19.1)	2,576,107	2,716,782	3,916,515

Note: Supplemental disclosures of cash flow information for non-cash transactions:

5

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE ESSENT GUARANTY OF PA, INC.

NOTES TO FINANCIAL STATEMENTS

1. Summary of Significant Accounting Policies

1. The financial statements of Essent Guaranty of PA, Inc. ("the Company") are presented on the basis of accounting practices prescribed or permitted by the Pennsylvania Insurance Department and the NAIC Accounting Practices and Procedures manual.
   A reconciliation of the Company's net income and capital and surplus between NAIC statutory accounting practices and procedures and practices prescribed and permitted by the State of Pennsylvania is shown below:

					F/S		F/S
			SSAP #		Page		Line #			2020				2019
NET INCOME
(1)	Essent Guaranty of PA, Inc. state basis (Page 4, Line 20, Columns 1 & 3)	XXX		XXX		XXX	$	3,744,721	$	8,073,358
(2)	State Prescribed Practices that increase/(decrease) NAIC SAP:								-				-
(3)	State Permitted Practices that increase/(decrease) NAIC SAP:								-				-
(4)	NAIC SAP	(1-2-3=4)	XXX		XXX		XXX	$	3,744,721	$	8,073,358
SURPLUS
(5)	Essent Guaranty of PA, Inc. state basis (Page 3, Line 37, Columns 1 & 2)	XXX		XXX		XXX	$	54,175,864	$	52,935,879
(6)	State Prescribed Practices that increase/(decrease) NAIC SAP:								-				-
(7)	State Permitted Practices that increase/(decrease) NAIC SAP:								-				-
(8)	NAIC SAP	(5-6-7=8)	XXX		XXX		XXX	$	54,175,864	$	52,935,879

1. No significant change from year-end 2019.
2. The Company uses the following accounting policies:
3. 1. No significant change from year-end 2019.
   2. Highest-qualityand high-quality (NAIC designations 1 and 2, respectively) bonds not backed by other loans are stated at amortized cost and are amortized using the interest method. All other bonds not backed by other loans (NAIC designations 3 to 6) are stated at the lower of amortized cost or fair value. The Company does not own any mandatory convertible securities or SVO-Identified investments identified in SSAP No. 26R.

(3)-(5) No significant change from year-end 2019.

1. Loan-backedsecurities are stated at amortized cost. The retrospective adjustment method is used to value these securities.

(7)-(13) No significant change from year-end 2019.

1. 1. Management has not identified any issues to raise substantial doubt regarding the Company's ability to continue as a going concern.
2. Accounting Changes and Correction of ErrorsNo significant change from year-end2019.
3. Business Combinations and GoodwillNo significant change from year-end2019.
4. Discontinued Operations
   No significant change from year-end 2019.
5. Investments
6. 1. No significant change from year-end 2019.
   2. No significant change from year-end 2019.
   3. No significant change from year-end 2019.
   4. Loan Backed Securities
   5. 1. The Company uses widely accepted models for prepayment assumptions in valuing mortgage-backed securities with inputs from major third party data providers.

6

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE ESSENT GUARANTY OF PA, INC.

NOTES TO FINANCIAL STATEMENTS

1. The Company has not recognized any other-than-temporary impairments on loan-backed securities.
2. The Company has not recognized any other-than-temporary impairments where the present value of cash flows expected to be collected is less than the amortized cost basis of the securities
3. All impaired loan-backed securities (fair value is less than cost or amortized cost) for which an other-than- temporary impairment has not been recognized in earnings as a realized loss:
   The aggregate amount of unrealized losses:
4. 1. Less than 12 months: $30,382
   2. 12 Months or longer: $34,018

The aggregate related fair value of securities with unrealized losses:

1. 1. 1. 1. Less than 12 months: $4,294,527
         2. 12 Months or longer: $2,664,724
      2. In determining whether an impairment is other-than-temporary, the Company assesses its intent to sell these securities and whether it will be required to sell these securities before the recovery of their amortized cost basis. The decline in fair values of these investment securities is principally associated with the changes in the interest rate environment subsequent to their purchase.
   2. The Company does not have any repurchase agreement investments and/or securities lending transactions.
   3. The Company does not have any repurchase agreements transactions accounted for as secured borrowings.
   4. The Company does not have any reverse repurchase agreement transactions accounted for as secured borrowings.
   5. The Company does not have any repurchase agreements transactions accounted for as a sale.
   6. The Company does not have reserve repurchase agreements transactions accounted for as a sale.
   7. No significant change from year-end 2019.
   8. No significant change from year-end 2019.
   9. No significant change from year-end 2019.
   10. The Company does not have any working capital finance investments.
   11. The Company does not offset or net assets or liabilities associated with derivatives, repurchase and reverse repurchases, or securities borrowing and securities lending assets and liabilities.
   12. No significant change from year-end 2019.
   13. No significant change from year-end 2019.
   14. No significant change from year-end 2019.
2. Joint Ventures, Partnerships and Limited Liability CompaniesNo significant change from year-end2019.
3. Investment Income
   No significant change from year-end 2019.
4. Derivative Instruments
   The Company had no derivative instruments at September 30, 2020.
5. Income Taxes

					09/30/20
A. Components of the net deferred income tax asset or net deferred tax liability;		Ordinary		Capital		Total
1
(a)	Total gross deferred tax assets	$	120,568	$	-	$	120,568
(b)	Statutory Valuation Allowance Adjustments		-		-		-
(c)	Adjusted gross deferred tax assets (1a-1b)		120,568		-		120,568
(d)	Deferred tax assets nonadmitted		(2,552)		-		(2,552)
(e)	Subtotal net admitted deferred tax assets		118,016		-		118,016
(f)	Deferred tax liabilities		(11,394)		-		(11,394)
(g)	Net admitted deferred tax assets (net deferred tax liabilities)	$	106,622	$	-	$	106,622

6.1

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE ESSENT GUARANTY OF PA, INC.

NOTES TO FINANCIAL STATEMENTS

			09/30/20
2	Admission Calculation Components	Ordinary	Capital	Total

1. Federal income taxes paid in prior years recoverable through loss

carrybacks (11a)

$ 121,417

$

-

$ 121,417

1. Adjusted gross DTAs expected to be realized after application of the threshold limitations (Lesser of 11bi or 11bii)

1	Adjusted gross DTAs expected to be realized following the balance sheet	-		-	-
	date (11bi)
2	Adjusted gross DTAs allowed per limitation threshold (11bii)	8,108,167		-	8,108,167
	Lesser of (b)1. or (b)2.	-		-	-
(c)	Adjusted gross DTAs offset by gross DTLs (11c)	11,394		-	11,394
(d)	Deferred Tax Assets Admitted as the result of application of SSAP No.	$ 132,811	$	-	$ 132,811
	101 (Total 2(a)+2(b)+2(c))

						12/31/19
A. Components of the net deferred income tax asset or net deferred tax liability;			Ordinary		Capital		Total
1
(a)	Total gross deferred tax assets	$	180,511	$	-	$	180,511
(b)	Statutory Valuation Allowance Adjustments			-		-		-
(c)	Adjusted gross deferred tax assets (1a-1b)			180,511		-		180,511
(d)	Deferred tax assets nonadmitted			(8,114)		-		(8,114)
(e)	Subtotal net admitted deferred tax assets			172,397		-		172,397
(f)	Deferred tax liabilities			(17,006)		-		(17,006)
(g)	Net admitted deferred tax assets (net deferred tax liabilities)	$	155,391	$	-	$	155,391
						12/31/19
2	Admission Calculation Components			Ordinary		Capital		Total

1. Federal income taxes paid in prior years recoverable through loss

carrybacks (11a)

$ 155,391

$

-

$ 155,391

1. Adjusted gross DTAs expected to be realized after application of the threshold limitations (Lesser of 11bi or 11bii)

	1 Adjusted gross DTAs expected to be realized following the balance sheet		-		-		-
	date (11bi)
	2 Adjusted gross DTAs allowed per limitation threshold (11bii)		7,917,073		-		7,917,073
	Lesser of (b)1. or (b)2.		-		-		-
(c)	Adjusted gross DTAs offset by gross DTLs (11c)		17,006		-		17,006
(d)	Deferred Tax Assets Admitted as the result of application of SSAP No.	$	172,397	$	-	$	172,397
	101 (Total 2(a)+2(b)+2(c))
				Ordinary		Capital		Total
A. Components of the net deferred income tax asset or net deferred tax liability;		Change		Change		Change
1
(a)	Total gross deferred tax assets	$	(59,943)	$	-	$	(59,943)
(b)	Statutory Valuation Allowance Adjustments		-		-		-
(c)	Adjusted gross deferred tax assets (1a-1b)		(59,943)		-		(59,943)
(d)	Deferred tax assets nonadmitted		5,562		-		5,562
(e)	Subtotal net admitted deferred tax assets		(54,381)		-		(54,381)
(f)	Deferred tax liabilities		5,612		-		5,612
(g)	Net admitted deferred tax assets (net deferred tax liabilities)	$	(48,769)	$	-	$	(48,769)

6.2

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE ESSENT GUARANTY OF PA, INC.

NOTES TO FINANCIAL STATEMENTS

		Ordinary	Capital	Total
2	Admission Calculation Components	Change	Change	Change

1. Federal income taxes paid in prior years recoverable through loss

carrybacks (11a)

$ (33,974)

$

-

$ (33,974)

1. Adjusted gross DTAs expected to be realized after application of the threshold limitations (Lesser of 11bi or 11bii)

	1	Adjusted gross DTAs expected to be realized following the balance sheet		-		-	-
		date (11bi)
	2	Adjusted gross DTAs allowed per limitation threshold (11bii)			191,094		-	191,094
		Lesser of (b)1. or (b)2.				-		-	-
(c)		Adjusted gross DTAs offset by gross DTLs (11c)			(5,612)		-	(5,612)
(d)		Deferred Tax Assets Admitted as the result of application of SSAP No.	$	(39,586)	$	-	$ (39,586)
		101 (Total 2(a)+2(b)+2(c))
3		Disclosure of ratios used for threshold limitation (for 11b);
				09/30/20				12/31/19			Change

1. Ratio percentage used to determine recovery period and

threshold limitation amount in 2(b)1 above

1,273.2%

846.6%

426.6%

1. Amount of adjusted capital and surplus used to determine

	recovery period threshold limitation in 2(b)2 above	$54,054,447	$52,780,487	$1,273,960
4	Impact of Tax Planning Strategies On the Determination of:			09/30/20
			Ordinary			Capital		Total
			Percentage		Percentage		Percentage
	(a) Adjusted Gross Deferred Tax Assets
	(Percentage of Total Adjusted Gross Deferred Tax Assets)		N/A			N/A		N/A
	(b) Net Admitted Adjusted Gross Deferred Tax Assets-
	(Percentage of Total Net Admitted Adjusted Gross Deferred Tax Assets)	N/A			N/A		N/A

1. The Company's tax-planning strategies do not include the use of reinsurance tax-planning strategies.

4	Impact of Tax Planning Strategies On the Determination of:		12/31/19
		Ordinary		Capital		Total
		Percentage		Percentage		Percentage
	(a) Adjusted Gross Deferred Tax Assets
	(Percentage of Total Adjusted Gross Deferred Tax Assets)	N/A		N/A		N/A
	(b) Net Admitted Adjusted Gross Deferred Tax Assets-
	(Percentage of Total Net Admitted Adjusted Gross Deferred Tax Assets)	N/A		N/A		N/A

1. The Company's tax-planning strategies do not include the use of reinsurance tax-planning strategies.

4	Impact of Tax Planning Strategies On the Determination of:			Change
		Ordinary		Capital		Total
		Percentage		Percentage		Percentage
	(a) Adjusted Gross Deferred Tax Assets
	(Percentage of Total Adjusted Gross Deferred Tax Assets)	N/A		N/A		N/A
	(b) Net Admitted Adjusted Gross Deferred Tax Assets-
	(Percentage of Total Net Admitted Adjusted Gross Deferred Tax Assets)	N/A		N/A		N/A

1. 1. The Company's tax-planning strategies do not include the use of reinsurance tax-planning strategies.
2. Unrecognized deferred tax liabilities
3. 
   (1) There are no temporary differences for which deferred tax liabilities are not recognized.
4. The significant components of income taxes incurred (i.e. current income taxes expenses ) and the changes in DTAs and DTLs include;

6.3

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE ESSENT GUARANTY OF PA, INC.

NOTES TO FINANCIAL STATEMENTS

1	Current tax expense incurred		09/30/20		12/31/19		Change
(a)	Current year federal tax expense (benefit)- ordinary income	$	224,862	$	775,412	$	(550,550)
(b)	Current year foreign tax expense (benefit)- ordinary income		-		-		-
(c)	Subtotal		224,862		775,412		(550,550)
(d)	Current year tax expense on net realized capital gains		4,244		43,917		(39,673)
(e)	Utilization of operating loss carry forwards		-		-		-
(f)	Other		-		-		-
(g)	Federal and foreign income taxes incurred	$	229,106	$	819,329	$	(590,223)

2 Deferred tax assets:

09/30/2012/31/19Change

1. Ordinary:

(1) Discounting of unpaid losses and LAE	$	13,046	$	5,948	$	7,098
(2)	Unearned premium reserve		102,597		168,755		(66,158)
(3) Start-up and organizational costs		4,925		5,808		(883)
	Subtotal		120,568		180,511		(59,943)
(b)	Statutory Valuation Allowance Adjustment		-		-		-
(c)	Nonadmitted ordinary deferred tax assets		(2,552)		(8,114)		5,562
(d)	Admitted ordinary deferred tax assets	$	118,016	$	172,397	$	(54,381)
(e)	Capital:
	Subtotal		-		-		-
(f)	Statutory Valuation Allowance Adjustment		-		-		-
(g)	Nonadmitted capital deferred tax assets		-		-		-
(h)	Admitted capital deferred tax assets		-		-		-
(i)	Admitted deferred tax assets	$	118,016	$	172,397	$	(54,381)

3 Deferred tax liabilities:

1. Ordinary

	(1)	PAE Adjustment (Rev Proc 2002-46)	$	(7,416)	$	(13,028)	$	5,612
	(2)	Loss reserves (TCJA Transition Adj)		(3,978)		(3,978)		-
		Subtotal		(11,394)		(17,006)		5,612
	(b)	Capital		-		-		-
		Subtotal		-		-		-
	(c)	Deferred tax liabilities		(11,394)		(17,006)		5,612
4	Net deferred tax asset (liability)	$	106,622	$	155,391	$	(48,769)

The change in the net deferred income taxes is comprised of the following (this analysis is exclusive of the nonadmitted DTAs as the Change in Nonadmitted Assets is reported separately from the Change in Net Deferred Income Taxes in the surplus section of the Annual Statement);

			09/30/20		12/31/19		Change
Total deferred tax assets
$	120,568	$	180,511	$	(59,943)
Total deferred tax liabilities		(11,394)		(17,006)		5,612
Net deferred tax assets/liabilities
	109,174		163,505		(54,331)
Statutory valuation allowance adjustment		-		-		-
Net deferred tax assets/liabilities after SVA
	109,174		163,505		(54,331)
Tax effect of unrealized gains (losses)		-		-		-
Statutory valuation allowance adjustment allocated to unrealized		-		-		-
Change in net deferred income tax
$	109,174	$	163,505	$	(54,331)

6.4

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE ESSENT GUARANTY OF PA, INC.

NOTES TO FINANCIAL STATEMENTS

1. Reconciliation of federal income tax rate to actual effective rate:
   For the six months ended June 30, 2020, our provision for income taxes was not based on an estimated annual effective rate due to uncertainty regarding the potential impacts of the COVID-19 pandemic on our results of operations. Due to that uncertainty, we were unable to make a reliable estimate of pretax income and the annual effective tax rate for the full year 2020. Accordingly, the provision for income taxes for the six months ended June 30, 2020 was based on the actual effective tax rate for the year to date period. As of September 30, 2020, we concluded that we had sufficient information regarding the potential impacts of COVID-19 on our results of operations to make a reliable estimate of pretax income and the annual effective tax rate for the full year 2020. Accordingly, the provision for income taxes for the nine months ended September 30, 2020 was calculated using an estimated annual effective tax rate.
   The provision for federal income taxes incurred is different from that which would be obtained by applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference are as follows:

		09/30/20		Tax effect	Effective
		Amount		21%	Tax Rate
Income before taxes	$	3,973,827	$	834,503	21.00 %
Change in statutory contingency reserves		(2,436,052)		(511,571)	(12.87)%
Tax-exempt interest, net of proration		(163,765)		(34,391)	(0.87)%
Other		(24,305)		(5,104)	(0.13)%
Total	$	1,349,705	$	283,437	7.13 %

Federal and foreign income taxes incurred Tax on capital gains (losses)

Change in net deferred taxes

Total statutory taxes

$	224,862	5.66 %
	4,244	0.11 %
	54,331	1.36 %
$	283,437	7.13 %

E. - I. No significant change from year-end 2019.

1. Information concerning Parent, Subsidiaries, Affiliates, and Other Related Parties
2. 1. - N. No significant change from year-end 2019.
3. Debt
4. 1. No significant change from year-end 2019.
   2. The Company does not have any agreements with the Federal Home Loan Bank (FHLB).
5. Retirement Plans, Deferred Compensation, Postemployment Benefits and Compensated Absences and Other Postretirement Benefit Plans

A, B, The Company has no defined benefit plans.

C & D

1. 1. No significant change from year-end 2019.
   2. No significant change from year-end 2019.
   3. No significant change from year-end 2019.
   4. No significant change from year-end 2019.
   5. No significant change from year-end 2019.
2. Capital and Surplus, Dividend Restrictions and Quasi-ReorganizationsNo significant change from year-end2019.
3. Liabilities, Contingencies and AssessmentsNo significant change from year-end2019.
4. Leases
   No significant change from year-end 2019.
5. Information About Financial Instruments with Off-Balance Sheet Risk and Financial Instruments with Concentrations of Credit Risk
   No significant change from year-end 2019.
6. Sale, Transfer and Servicing of Financial Assets and Extinguishments of Liabilities
   The Company did not have any transfers of receivables reported as sales, transfer and servicing of financial assets, or wash sales.

6.5

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE ESSENT GUARANTY OF PA, INC.

NOTES TO FINANCIAL STATEMENTS

1. Gain or Loss to the Reporting Entity from Uninsured A & H Plans and the Uninsured Portion of Partially Insured Plans
   No significant change from year-end 2019.
2. Direct Premium Written by Managing General Agents/Third Party AdministratorsNo significant change from year-end2019.
3. Fair Value Measurements
   A. 1) Fair value measurements as of September 30, 2020:

Assets at Fair Value
Description			Level 1		Level 2		Level 3		Total
Cash Equivalents
Other Money Market Mutual Funds	$	1,213,797	$	-	$	-	$	1,213,797
Total Cash Equivalents			1,213,797		-		-		1,213,797
Total Assets at Fair Value	$	1,213,797	$	-	$	-	$	1,213,797

1. 1. Fair value measurements in Level 3 - None.
   2. 1. Level 3 gains or losses for the period recognized in income or surplus - None.
      2. Level 3 purchases, sales, issues and settlements - None.
      3. There were no transfers into or out of Level 3.
   3. Transfers between all levels are recognized as of the end of the quarter in which the transfer occurs
   4. There are no Level 2 or Level 3 securities measured at fair value.
   5. There are no derivative assets or liabilities.
2. None.
3. Aggregate Fair Value of Financial Instruments

September 30, 2020
	Aggregate	Admitted						Not Practicable
Type of Financial Instrument	Fair Value	Assets	Level 1	Level 2		Level 3	(Carrying Value)
Financial Assets:
Bonds	$ 114,461,896	$ 108,568,919	$ 15,949,927	$ 98,511,969	$	-	$	-
Cash equivalents	1,213,797	1,213,797	1,213,797	-		-		-
December 31, 2019
	Aggregate	Admitted						Not Practicable
Type of Financial Instrument	Fair Value	Assets	Level 1	Level 2		Level 3	(Carrying Value)
Financial Assets:
Bonds	$ 106,224,377	$ 103,366,891	$ 13,308,996	$ 92,915,381	$	-	$	-
Cash equivalents	2,069,113	2,069,113	2,069,113	-		-		-

The following methods and assumptions were used in estimating fair values of financial instruments:

• Bonds and cash equivalents - Bonds and cash equivalents are valued using quoted market prices in active markets, when available, and classified as Level 1 of the fair value hierarchy. Investments are classified as Level 2 in the fair value hierarchy if quoted market prices are not available and fair values are estimated using quoted prices of similar securities or recently executed transactions for the securities. Pricing services are used for valuation of all investments.

1. 1. None.
   2. None.
2. Other Items
   No significant change from year-end 2019.
3. Events Subsequent
   The Company has considered subsequent events through November 6, 2020.

6.6

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE ESSENT GUARANTY OF PA, INC.

NOTES TO FINANCIAL STATEMENTS

1. Reinsurance
   No significant change from year-end 2019.
2. Retrospectively Rated Contracts & Contracts Subject to Redetermination
   The Company does not have any retrospective rated contracts or contracts subject to redetermination.
3. Changes to Incurred Losses and LAE
4. 1. Reserves as of December 31, 2019 were $851,615. For the period ended September 30, 2020, $235,669 was paid for incurred claims and claim adjustment expenses attributable to insured events of prior years. Reserves remaining for prior years are now $544,894 as a result of re-estimation of unpaid claims and claim adjustment expenses. Therefore, there has been a $71,052 favorable prior-year development during the period of December 31, 2019 to September 30, 2020. The decrease is generally the result of ongoing analysis of recent loss development trends including the impact of previously identified defaults that cured. Original estimates are increased or decreased as additional information becomes known regarding individual claims. The Company does not adjust premiums based on past claim activity.
   2. Due to business restrictions, stay-at-home orders and travel restrictions initially implemented in March 2020 as a result of COVID-19, unemployment in the United States has increased significantly. As unemployment is one of the most common reasons for borrowers to default on their mortgage, the increase in unemployment has increased the number of delinquencies on the mortgages that we insure and has the potential to increase claim frequencies on defaults. As of September 30, 2020, insured loans in default totaled 35,464 and included 32,492 defaults classified as COVID-19 defaults. For borrowers that have the ability to begin to pay their mortgage at the end of the forbearance period, we expect that mortgage servicers will work with them to modify their loans at which time the mortgage will be removed from delinquency status. We believe that the forbearance process could have a favorable effect on the frequency of claims that we ultimately pay. Based on the forbearance programs in place and the credit characteristics of the COVID-19 defaulted loans, we expect the ultimate number of COVID-19-related defaults that result in claims will be less than our historical default-to-claim experience. Accordingly, we recorded a reserve equal to approximately 7% of the risk in force for the COVID-19 default notices received in April 2020 through September 2020. The reserve for losses and LAE on COVID-19 defaults was $1.1 million at September 30, 2020. It is reasonably possible that our estimate of the losses for the COVID-19 defaults could change in the near term as a result of the continued impact of the pandemic on the economic environment, the results of existing and future governmental programs designed to assist individuals and businesses impacted by the virus and the performance of the COVID-19 defaults in the forbearance programs. A 100 basis point increase or decrease in the reserve rate applied to COVID-19 new default notices would result in a corresponding increase or decrease in our reserve for loss and LAE of approximately $155,000 as of September 30, 2020. The impact on our reserves in future periods will be dependent upon the amount of delinquent notices received from loan servicers, the performance of COVID-19 defaults and our expectations for the amount of ultimate losses on these delinquencies.
5. Intercompany Pooling ArrangementsNo significant change from year-end2019.
6. Structured Settlements
   No significant change from year-end 2019.
7. Healthcare Receivables
   No significant change from year-end 2019.
8. Participating Policies
   No significant change from year-end 2019.
9. Premium Deficiency Reserve
   No significant change from year-end 2019.
10. High Deductibles

No significant change from year-end 2019.

1. Discounting of Liabilities for Unpaid Losses or Unpaid Loss Adjustment ExpensesNo significant change from year-end2019.
2. Asbestos/Environmental Reserves
   No significant change from year-end 2019.
3. Subscriber Savings Accounts
   No significant change from year-end 2019.
4. Multiple Peril Crop Insurance

No significant change from year-end 2019.

36. Financial Guaranty Insurance

The Company does not write financial guaranty insurance.

6.7

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

GENERAL INTERROGATORIES

PART 1 - COMMON INTERROGATORIES

GENERAL

1. Did the reporting entity experience any material transactions requiring the filing of Disclosure of Material Transactions with the State of Domicile, as required by the Model Act?
2. If yes, has the report been filed with the domiciliary state?

1. Has any change been made during the year of this statement in the charter, by-laws, articles of incorporation, or deed of settlement of the reporting entity?
2. If yes, date of change:

1. Is the reporting entity a member of an Insurance Holding Company System consisting of two or more affiliated persons, one or more of which is an insurer?
   If yes, complete Schedule Y, Parts 1 and 1A.
2. Have there been any substantial changes in the organizational chart since the prior quarter end?
3. If the response to 3.2 is yes, provide a brief description of those changes.
4. Is the reporting entity publicly traded or a member of a publicly traded group?
5. If the response to 3.4 is yes, provide the CIK (Central Index Key) code issued by the SEC for the entity/group.

1. Has the reporting entity been a party to a merger or consolidation during the period covered by this statement? If yes, complete and file the merger history data file with the NAIC.
2. If yes, provide the name of the entity, NAIC Company Code, and state of domicile (use two letter state abbreviation) for any entity that has ceased to exist as a result of the merger or consolidation.

1	2	3
Name of Entity	NAIC Company Code	State of Domicile

YES [ ] NO [ X ]

YES [ ] NO [ ]

YES [ ] NO [ X ]

YES [ X ] NO [ ]

YES [ ] NO [ X ]

YES [ X ] NO [ ]

0001448893

YES [ ] NO [ X ]

5. If the reporting entity is subject to a management agreement, including third-party administrator(s), managing general agent(s), attorney-

in-fact, or similar agreement, have there been any significant changes regarding the terms of the agreement or principals involved?	YES [
If yes, attach an explanation.

1. State as of what date the latest financial examination of the reporting entity was made or is being made.
2. State the as of date that the latest financial examination report became available from either the state of domicile or the reporting entity. This date should be the date of the examined balance sheet and not the date the report was completed or released.
3. State as of what date the latest financial examination report became available to other states or the public from either the state of domicile or the reporting entity. This is the release date or completion date of the examination report and not the date of the examination (balance sheet date).
4. By what department or departments? Pennsylvania Insurance Department
5. Have all financial statement adjustments within the latest financial examination report been accounted for in a subsequent financial

statement filed with Departments?	YES	[
6.6 Have all of the recommendations within the latest financial examination report been complied with?	YES	[

1. Has this reporting entity had any Certificates of Authority, licenses or registrations (including corporate registration, if applicable) suspended or revoked by any governmental entity during the reporting period?
2. If yes, give full information:

1. Is the company a subsidiary of a bank holding company regulated by the Federal Reserve Board?
2. If response to 8.1 is yes, please identify the name of the bank holding company.
3. Is the company affiliated with one or more banks, thrifts or securities firms?
4. If response to 8.3 is yes, please provide below the names and location (city and state of the main office) of any affiliates regulated by a federal regulatory services agency [i.e. the Federal Reserve Board (FRB), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC) and the Securities Exchange Commission (SEC)] and identify the affiliate's primary federal regulator.

] NO [ X ] N/A [ ]

12/31/2018

12/31/2018

05/18/2020

] NO [ ] N/A [ X ]

] NO [ ] N/A [ X ]

YES [ ] NO [ X ]

YES [ ] NO [ X ]

YES [ ] NO [ X ]

1	2	3	4	5	6
Affiliate Name	Location (City, State)	FRB	OCC	FDIC	SEC

7

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

GENERAL INTERROGATORIES

9.1 Are the senior officers (principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions) of the reporting entity subject to a code of ethics, which includes the following standards?

1. Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;
2. Full, fair, accurate, timely and understandable disclosure in the periodic reports required to be filed by the reporting entity;
3. Compliance with applicable governmental laws, rules and regulations;
4. The prompt internal reporting of violations to an appropriate person or persons identified in the code; and
5. Accountability for adherence to the code.

9.11 If the response to 9.1 is No, please explain:

9.2 Has the code of ethics for senior managers been amended?

9.21 If the response to 9.2 is Yes, provide information related to amendment(s).

9.3 Have any provisions of the code of ethics been waived for any of the specified officers?

9.31 If the response to 9.3 is Yes, provide the nature of any waiver(s).

FINANCIAL

YES [ X ] NO [ ]

YES [ ] NO [ X ]

YES [ ] NO [ X ]

10.1	Does the reporting entity report any amounts due from parent, subsidiaries or affiliates on Page 2 of this statement?	YES [ ] NO [ X ]
10.2	If yes, indicate any amounts receivable from parent included in the Page 2 amount:	$

INVESTMENT

1. Were any of the stocks, bonds, or other assets of the reporting entity loaned, placed under option agreement, or otherwise made available for use by another person? (Exclude securities under securities lending agreements.)
2. If yes, give full and complete information relating thereto:

12.	Amount of real estate and mortgages held in other invested assets in Schedule BA:	$
13.	Amount of real estate and mortgages held in short-term investments:	$

1. Does the reporting entity have any investments in parent, subsidiaries and affiliates?
2. If yes, please complete the following:

YES [ ] NO [ X ]

0

0

YES [ ] NO [ X ]

		1					2
			Prior Year-End				Current Quarter
			Book/Adjusted				Book/Adjusted
			Carrying Value				Carrying Value
14.21	Bonds	$		0		$
14.22	Preferred Stock	$		0		$
14.23	Common Stock	$		0		$
14.24	Short-Term Investments	$		0		$
14.25	Mortgage Loans on Real Estate	$		0		$
14.26	All Other	$		0		$
14.27	Total Investment in Parent, Subsidiaries and Affiliates (Subtotal Lines 14.21 to 14.26)	$		0		$	0
14.28	Total Investment in Parent included in Lines 14.21 to 14.26 above	$				$
15.1	Has the reporting entity entered into any hedging transactions reported on Schedule DB?					YES [ ]	NO [ X ]
15.2 If yes, has a comprehensive description of the hedging program been made available to the domiciliary state?			YES [	] NO [	] N/A [ ]
	If no, attach a description with this statement.
16.	For the reporting entity's security lending program, state the amount of the following as of the current statement date:
	16.1 Total fair value of reinvested collateral assets reported on Schedule DL, Parts 1 and 2.			$			0
	16.2 Total book adjusted/carrying value of reinvested collateral assets reported on Schedule DL, Parts 1 and 2	$			0
	16.3 Total payable for securities lending reported on the liability page.			$			0

7.1

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

GENERAL INTERROGATORIES

17. Excluding items in Schedule E - Part 3 - Special Deposits, real estate, mortgage loans and investments held physically in the reporting entity's

offices, vaults or safety deposit boxes, were all stocks, bonds and other securities, owned throughout the current year held pursuant to a
custodial agreement with a qualified bank or trust company in accordance with Section 1, III - General Examination Considerations, F.
Outsourcing of Critical Functions, Custodial or Safekeeping Agreements of the NAIC Financial Condition Examiners Handbook?	YES [ X ] NO [ ]

17.1 For all agreements that comply with the requirements of the NAIC Financial Condition Examiners Handbook, complete the following:

1	2
Name of Custodian(s)	Custodian Address
Northern Trust	50 South LaSalle Street, Chicago, IL 60603

17.2 For all agreements that do not comply with the requirements of the NAIC Financial Condition Examiners Handbook, provide the name, location and a complete explanation:

	1	2	3
	Name(s)	Location(s)	Complete Explanation(s)
17.3 Have there been any changes, including name changes, in the custodian(s) identified in 17.1 during the current quarter?	Yes [ ] No [ X ]

17.4 If yes, give full information relating thereto:

1	2	3	4
Old Custodian	New Custodian	Date of Change	Reason

17.5 Investment management - Identify all investment advisors, investment managers, broker/dealers, including individuals that have the authority to make investment decisions on behalf of the reporting entity. For assets that are managed internally by employees of the reporting entity, note as such. ["…that have access to the investment accounts"; "…handle securities"]

1	2
Name of Firm or Individual	Affiliation
Goldman Sachs Asset Management, L.P.	U
Peter Aaron Simon	I

17.5097 For those firms/individuals listed in the table for Question 17.5, do any firms/individuals unaffiliated with the reporting entity (i.e. designated with a "U") manage more than 10% of the reporting entity's invested assets?

17.5098 For firms/individuals unaffiliated with the reporting entity (i.e. designated with a "U") listed in the table for Question 17.5, does the total assets under management aggregate to more than 50% of the reporting entity's invested assets?

17.6 For those firms or individuals listed in the table for 17.5 with an affiliation code of "A" (affiliated) or "U" (unaffiliated), provide the information for the table below.

Yes	[	X	]	No	[	]
Yes	[	X	]	No	[	]

		1	2	3	4		5
							Investment
							Management
		Central Registration					Agreement
		Depository Number	Name of Firm or Individual	Legal Entity Identifier (LEI)	Registered With		(IMA) Filed
		107738	Goldman Sachs Asset Management, L.P.	CF5M58QA35CFPUX70H17	SEC		DS
18.1	Have all the filing requirements of the Purposes and Procedures Manual of the NAIC Investment Analysis Office been followed?	Yes [ X ] No [ ]
18.2	If no, list exceptions:

19. By self-designating 5GI securities, the reporting entity is certifying the following elements for each self-designated 5GI security:

1. Documentation necessary to permit a full credit analysis of the security does not exist or an NAIC CRP credit rating for an FE or PL security is not available.
2. Issuer or obligor is current on all contracted interest and principal payments.
3. The insurer has an actual expectation of ultimate payment of all contracted interest and principal.

Has the reporting entity self-designated 5GI securities?

Yes [ ] No [ X ]

20. By self-designating PLGI securities, the reporting entity is certifying the following elements of each self-designated PLGI security:

1. The security was purchased prior to January 1, 2018.
2. The reporting entity is holding capital commensurate with the NAIC Designation reported for the security.
3. The NAIC Designation was derived from the credit rating assigned by an NAIC CRP in its legal capacity as a NRSRO which is shown on a current private letter rating held by the insurer and available for examination by state insurance regulators.
4. The reporting entity is not permitted to share this credit rating of the PL security with the SVO.

Has the reporting entity self-designated PLGI securities?

Yes [ ] No [ X ]

21. By assigning FE to a Schedule BA non-registered private fund, the reporting entity is certifying the following elements of each self-designated FE fund:

1. The shares were purchased prior to January 1, 2019.
2. The reporting entity is holding capital commensurate with the NAIC Designation reported for the security.
3. The security had a public credit rating(s) with annual surveillance assigned by an NAIC CRP in its legal capacity as an NRSRO prior to January 1, 2019.
4. The fund only or predominantly holds bonds in its portfolio.
5. The current reported NAIC Designation was derived from the public credit rating(s) with annual surveillance assigned by an NAIC CRP in its legal capacity as an NRSRO.
6. The public credit rating(s) with annual surveillance assigned by an NAIC CRP has not lapsed.

Has the reporting entity assigned FE to Schedule BA non-registered private funds that complied with the above criteria?

Yes [ ] No [ X ]

7.2

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

GENERAL INTERROGATORIES

PART 2 - PROPERTY & CASUALTY INTERROGATORIES

1.	If the reporting entity is a member of a pooling arrangement, did the agreement or the reporting entity's participation change?	YES [ ] NO [ ] N/A [ X ]
	If yes, attach an explanation.

2. Has the reporting entity reinsured any risk with any other reporting entity and agreed to release such entity from liability, in whole or in part, from any loss that may occur on the risk, or portion thereof, reinsured?

If yes, attach an explanation.

1. Have any of the reporting entity's primary reinsurance contracts been canceled?
2. If yes, give full and complete information thereto.

1. Are any of the liabilities for unpaid losses and loss adjustment expenses other than certain workers' compensation tabular reserves (see Annual Statement Instructions pertaining to disclosure of discounting for definition of " tabular reserves" ) discounted at a rate of interest greater than zero?
2. If yes, complete the following schedule:

YES [ ] NO [ X ]

YES [ ] NO [ X ]

YES [ ] NO [ X ]

				TOTAL DISCOUNT					DISCOUNT TAKEN DURING PERIOD
1	2	3	4	5		6		7		8		9	10		11
	Maximum	Discount	Unpaid	Unpaid						Unpaid		Unpaid
Line of Business	Interest	Rate	Losses	LAE		IBNR		TOTAL		Losses		LAE	IBNR		TOTAL
		TOTAL	0		0		0		0		0	0	0		0

5. Operating Percentages:

5.1 A&H loss percent

1. A&H cost containment percent
2. A&H expense percent excluding cost containment expenses

6.1	Do you act as a custodian for health savings accounts?	YES [	]	NO [ X ]
6.2	If yes, please provide the amount of custodial funds held as of the reporting date	$
6.3	Do you act as an administrator for health savings accounts?	YES [	]	NO [ X ]
6.4	If yes, please provide the balance of the funds administered as of the reporting date	$
7.	Is the reporting entity licensed or chartered, registered, qualified, eligible or writing business in at least two states?	YES [	]	NO [ X ]

7.1 If no, does the reporting entity assume reinsurance business that covers risks residing in at least one state other than the state of

domicile of the reporting entity?

YES [ X ] NO [ ]

%

%

%

8

9

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE F - CEDED REINSURANCE

Showing All New Reinsurers - Current Year to Date

1	2	3	4	5	6	7
						Effective
					Certified	Date of
NAIC					Reinsurer	Certified
Company	ID		Domiciliary		Rating	Reinsurer
Code	Number	Name of Reinsurer	Jurisdiction	Type of Reinsurer	(1 through 6)	Rating

NONE

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE T - EXHIBIT OF PREMIUMS WRITTEN

Current Year to Date - Allocated by States and Territories

1

Direct Premiums Written

Direct Losses Paid (Deducting Salvage)

Direct Losses Unpaid

Active

2

3

4

5

6

7

Status

Current Year

Prior Year

Current Year

Prior Year

Current Year

Prior Year

States, etc.

(a)

To Date

To Date

To Date

To Date

To Date

To Date

1.

Alabama

AL

N

2.

Alaska

AK

N

3.

Arizona

AZ

N

4.

Arkansas

AR

N

5.

California

CA

N

6.

Colorado

CO

N

7.

Connecticut

CT

N

8.

Delaware

DE

N

9.

District of Columbia

DC

N

10.

Florida

FL

N

11.

Georgia

GA

N

12.

Hawaii

HI

N

13.

Idaho

ID

N

14.

Illinois

IL

N

15.

Indiana

IN

N

16.

Iowa

IA

N

17.

Kansas

KS

N

18.

Kentucky

KY

N

19.

Louisiana

LA

N

20.

Maine

ME

N

21.

Maryland

MD

N

22.

Massachusetts

MA

N

23.

Michigan

MI

N

24.

Minnesota

MN

N

25.

Mississippi

MS

N

26.

Missouri

MO

N

27.

Montana

MT

N

28.

Nebraska

NE

N

29.

Nevada

NV

N

30.

New Hampshire

NH

N

31.

New Jersey

NJ

N

32.

New Mexico

NM

N

33.

New York

NY

N

34.

North Carolina

NC

N

35.

North Dakota

ND

N

36.

Ohio

OH

N

37.

Oklahoma

OK

N

38.

Oregon

OR

N

39.

Pennsylvania

PA

L

0

0

0

0

0

0

40.

Rhode Island

RI

N

41.

South Carolina

SC

N

42.

South Dakota

SD

N

43.

Tennessee

TN

N

44.

Texas

TX

N

45.

Utah

UT

N

46.

Vermont

VT

N

47.

Virginia

VA

N

48.

Washington

WA

N

49.

West Virginia

WV

N

50.

Wisconsin

WI

N

51.

Wyoming

WY

N

52.

American Samoa

AS

N

53.

Guam

GU

N

54.

Puerto Rico

PR

N

55.

U.S. Virgin Islands

VI

N

56. Northern Mariana

	Islands	MP	N
57.	Canada	CAN	N
58.	Aggregate Other Alien OT	XXX	0	0	0	0	0	0
59.	Totals		XXX	0	0	0	0	0	0
	DETAILS OF WRITE-INS
58001.			XXX
58002.			XXX
58003.			XXX
58998.	Summary of remaining
	write-ins for Line 58 from
	overflow page		XXX	0	0	0	0	0	0
58999.	Totals (Lines 58001 through
	58003 plus 58998)(Line 58
	above)		XXX	0	0	0	0	0	0

(a) Active Status Counts:
L - Licensed or Chartered - Licensed Insurance carrier or domiciled RRG	1	R - Registered - Non-domiciled RRGs	0
E - Eligible - Reporting entities eligible or approved to write surplus lines in the state (other		Q - Qualified - Qualified or accredited reinsurer	0
than their state of domicile - see DSLI)	0	N - None of the above - Not allowed to write
D - Domestic Surplus Lines Insurer (DSLI) - Reporting entities authorized to write surplus		business in the state	56
lines in the state of domicile	0

10

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE Y - INFORMATION CONCERNING ACTIVITIES OF INSURER MEMBERS OF A HOLDING COMPANY GROUP

PART 1 - ORGANIZATIONAL CHART

.

11

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE Y

PART 1A - DETAIL OF INSURANCE HOLDING COMPANY SYSTEM

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Type

If

of Control

Control

(Ownership,

is

Is an

Name of Securities

Relation-

Board,

Owner-

SCA

Exchange

Domi-

ship

Management,

ship

Filing

NAIC

if Publicly Traded

Names of

ciliary

to

Attorney-in-Fact,

Provide

Re-

Group

Company

ID

Federal

(U.S. or

Parent, Subsidiaries

Loca-

Reporting

Directly Controlled by

Influence,

Percen-

Ultimate Controlling

quired?

Code

Group Name

Code

Number

RSSD

CIK

International)

Or Affiliates

tion

Entity

(Name of Entity/Person)

Other)

tage

Entity(ies)/Person(s)

(Y/N)

*

00000

98-0673656

0001448893

New York Stock Exchange

Essent Group Ltd.

BMU

UIP

N

00000

98-0673657

Essent Reinsurance Ltd.

BMU

IA

Essent Group Ltd.

Ownership

100.000

Essent Group Ltd.

N

00000

98-1167480

Essent Irish Intermediate Holdings Limited

IRL

UIP

Essent Group Ltd.

Ownership

100.000

Essent Group Ltd.

N

Essent Irish Intermediate Holdings Limited

00000

26-3414247

Essent US Holdings, Inc.

DE

UDP

Ownership

100.000

Essent Group Ltd.

N

4694

Essent Grp

13634

26-3728115

Essent Guaranty, Inc.

PA

RE

Essent US Holdings, Inc.

Ownership

100.000

Essent Group Ltd.

N

4694

Essent Grp

13748

27-1440460

Essent Guaranty of PA, Inc.

PA

IA

Essent US Holdings, Inc.

Ownership

100.000

Essent Group Ltd.

N

00000

45-3478888

CUW Solutions, LLC

DE

NIA

Essent US Holdings, Inc.

Ownership

100.000

Essent Group Ltd.

N

00000

27-2881289

Essent Solutions, LLC

DE

DS

Essent Guaranty, Inc.

Ownership

100.000

Essent Group Ltd.

Y

00000

98-1340476

Essent Agency (Bermuda) Ltd.

BMU

NIA

Essent Reinsurance Ltd.

Ownership

100.000

Essent Group Ltd.

N

12

Asterisk	Explanation

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

Part 1 - Loss Experience

N O N E

Part 2 - Direct Premiums Written

N O N E

13

14

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

PART 3 (000 omitted)

LOSS AND LOSS ADJUSTMENT EXPENSE RESERVES SCHEDULE

		1	2	3	4	5	6	7	8	9	10		11		12		13
													Prior Year-End		Prior Year-End
									Q.S. Date Known			Known Case Loss	IBNR Loss and		Prior Year-End
						2020 Loss and		Q.S. Date Known	Case Loss and			and LAE Reserves		LAE Reserves		Total Loss and
				Total Prior	2020 Loss and	LAE Payments on		Case Loss and	LAE Reserves on				Developed		Developed		LAE Reserve
			Prior Year-	Year-End Loss	LAE Payments on	Claims	Total 2020 Loss	LAE Reserves on	Claims Reported		Total Q.S. Loss		(Savings)/		(Savings)/		Developed
	Years in Which	Prior Year-End	End IBNR	and LAE	Claims Reported	Unreported	and LAE	Claims Reported	or Reopened	Q.S. Date IBNR	and LAE		Deficiency		Deficiency		(Savings)/
	Losses	Known Case Loss	Loss and LAE	Reserves	as of Prior	as of Prior	Payments	and Open as of	Subsequent to	Loss and LAE	Reserves		(Cols.4+7		(Cols. 5+8+9		Deficiency
	Occurred	and LAE Reserves	Reserves	(Cols. 1+2)	Year-End	Year-End	(Cols. 4+5)	Prior Year End	Prior Year End	Reserves	(Cols.7+8+9)		minus Col. 1)		minus Col. 2)		(Cols. 11+12)
1.	2017 + Prior	174	10	184	67		67	65		3	68		(42)		(7)		(49)
2.	2018	187	14	201	86		86	111		8	119		10		(6)		4
3.	Subtotals 2018 + Prior	361	24	385	153	0	153	176	0	11	187		(32)		(13)		(45)
4.	2019	435	32	467	83		83	332		26	358		(20)		(6)		(26)
5.	Subtotals 2019 + Prior	796	56	852	236	0	236	508	0	37	545		(52)		(19)		(71)
6.	2020	XXX	XXX	XXX	XXX	0	0	XXX	1,123	82	1,205		XXX		XXX		XXX
7.	Totals	796	56	852	236	0	236	508	1,123	119	1,750		(52)		(19)		(71)
8.	Prior Year-End Surplus												Col. 11, Line 7		Col. 12, Line 7		Col. 13, Line 7
	As Regards												As % of Col. 1		As % of Col. 2		As % of Col. 3
	Policyholders	52,936											Line 7		Line 7		Line 7
												1.	(6.5)	2.	(33.9)	3.	(8.3)
																	Col. 13, Line 7
																As a % of Col. 1
																	Line 8
																4.	(0.1)

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SUPPLEMENTAL EXHIBITS AND SCHEDULES INTERROGATORIES

The following supplemental reports are required to be filed as part of your statement filing. However, in the event that your company does not transact the type of business for which the special report must be filed, your response of NO to the specific interrogatory will be accepted in lieu of filing a "NONE" report and a bar code will be printed below. If the supplement is required of your company but is not being filed for whatever reason enter SEE EXPLANATION and provide an explanation following the interrogatory questions.

		Response
1.	Will the Trusteed Surplus Statement be filed with the state of domicile and the NAIC with this statement?	NO
2.	Will Supplement A to Schedule T (Medical Professional Liability Supplement) be filed with this statement?	NO
3.	Will the Medicare Part D Coverage Supplement be filed with the state of domicile and the NAIC with this statement?	NO
4.	Will the Director and Officer Insurance Coverage Supplement be filed with the state of domicile and the NAIC with this statement?	NO

Explanations:

1.

2.

3.

4.

Bar Codes:

1. Trusteed Surplus Statement [Document Identifier 490]
2. Supplement A to Schedule T [Document Identifier 455]
3. Medicare Part D Coverage Supplement [Document Identifier 365]
4. Director and Officer Supplement [Document Identifier 505]

*13748202049000003*

*13748202045500003*

*13748202036500003*

*13748202050500003*

15

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

OVERFLOW PAGE FOR WRITE-INS

NONE

16

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE A - VERIFICATION

Real Estate

			1	2
				Prior Year Ended
			Year to Date	December 31
1.	Book/adjusted carrying value, December 31 of prior year
2.	Cost of acquired:
	2.1 Actual cost at time of acquisition
	2.2 Additional investment made after acquisition
3.	Current year change in encumbrances
4.	Total gain (loss) on disposals
5.	Deduct amounts received on disposals
6.	Total foreign exchange change in book/adjusted carrying value
7.	Deduct current year's other than temporary impairmentNONErecognized
8.	Deduct current year's depreciation
9.	Book/adjusted carrying value at the end of current period (Lines 1+2+3+4-5+6-7-8)
10.	Deduct total nonadmitted amounts
11.	Statement value at end of current period (Line 9 minus Line 10)
		SCHEDULE B - VERIFICATION
		Mortgage Loans
			1	2
				Prior Year Ended
			Year to Date	December 31
1.	Book value/recorded investment excluding accrued interest, December 31 of prior year
2.	Cost of acquired:
	2.1 Actual cost at time of acquisition
	2.2 Additional investment made after acquisition
3.	Capitalized deferred interest and other
4.	Accrual of discount
5.	Unrealized valuation increase (decrease)
6.	Total gain (loss) on disposals
7.	Deduct amounts received on disposals
8.	Deduct amortization of premium and mortgage interest points and commitment fees
9.	Total foreign exchange change in book value/recordedNONEinvestment excluding accrued interest
10.	Deduct current year's other than temporary impairment recognized
11.	Book value/recorded investment excluding accrued interest at end of current period (Lines 1+2+3+4+5+6-7-8+9-10)
12.	Total valuation allowance
13.	Subtotal (Line 11 plus Line 12)
14.	Deduct total nonadmitted amounts
15.	Statement value at end of current period (Line 13 minus Line 14)
	SCHEDULE BA - VERIFICATION
		Other Long-Term Invested Assets
			1	2
				Prior Year Ended
			Year to Date	December 31
1.	Book/adjusted carrying value, December 31 of prior year
2.	Cost of acquired:
	2.1 Actual cost at time of acquisition
	2.2 Additional investment made after acquisition
3.	Capitalized deferred interest and other	NONE
4.	Accrual of discount
5.	Unrealized valuation increase (decrease)
6.	Total gain (loss) on disposals
7.	Deduct amounts received on disposals
8.	Deduct amortization of premium and depreciation
9.	Total foreign exchange change in book/adjusted carrying value
10.	Deduct current year's other than temporary impairment recognized
11.	Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5+6-7-8+9-10)
12.	Deduct total nonadmitted amounts
13.	Statement value at end of current period (Line 11 minus Line 12)
		SCHEDULE D - VERIFICATION
		Bonds and Stocks
			1	2
				Prior Year Ended
			Year to Date	December 31
1.	Book/adjusted carrying value of bonds and stocks, December 31 of prior year	103,366,891	88,219,980
2.	Cost of bonds and stocks acquired		17,066,020	33,336,427
3.	Accrual of discount		(1,966)	16,943
4.	Unrealized valuation increase (decrease)
5.	Total gain (loss) on disposals		20,211	215,267
6.	Deduct consideration for bonds and stocks disposed of	11,435,331	18,104,337
7.	Deduct amortization of premium		454,543	361,889
8.	Total foreign exchange change in book/adjusted carrying value
9.	Deduct current year's other than temporary impairment recognized		6,138
10.	Total investment income recognized as a result of prepayment penalties and/or acceleration fees	7,637	50,637
11.	Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9+10)	108,568,919	103,366,891
12.	Deduct total nonadmitted amounts
13.	Statement value at end of current period (Line 11 minus Line 12)	108,568,919	103,366,891

SI01

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE D - PART 1B

Showing the Acquisitions, Dispositions and Non-Trading Activity

During the Current Quarter for all Bonds and Preferred Stock by NAIC Designation

							1	2	3		4		5		6		7		8
							Book/Adjusted							Book/Adjusted	Book/Adjusted	Book/Adjusted	Book/Adjusted
							Carrying Value	Acquisitions		Dispositions	Non-Trading Activity	Carrying Value	Carrying Value	Carrying Value	Carrying Value
							Beginning	During		During	During	End of	End of	End of	December 31
					NAIC Designation		of Current Quarter	Current Quarter		Current Quarter	Current Quarter	First Quarter	Second Quarter	Third Quarter	Prior Year
		BONDS
	1.	NAIC 1 (a)					90,056,381	3,348,586		1,717,497		(764,004)		87,755,708		90,056,381		90,923,466		85,046,280
	2.	NAIC 2 (a)					17,025,712	0		0		619,741		17,800,433		17,025,712		17,645,453		18,320,611
	3.	NAIC 3 (a)					0							0		0		0
	4.	NAIC 4 (a)					0							0		0		0
	5.	NAIC 5 (a)					0							0		0		0
	6.	NAIC 6 (a)					0							0		0		0
	7.	Total Bonds					107,082,093	3,348,586	1,717,497		(144,263)		105,556,141		107,082,093		108,568,919		103,366,891
SI02		PREFERRED STOCK
	8.	NAIC 1												0		0		0		0
					0
	9.	NAIC 2					0							0		0		0		0
	10.	NAIC 3					0							0		0		0		0
	11.	NAIC 4					0							0		0		0		0
	12.	NAIC 5					0							0		0		0		0
	13.	NAIC 6					0							0		0		0		0
	14.	Total Preferred Stock					0	0	0		0		0		0		0		0
	15.	Total Bonds and Preferred Stock				107,082,093	3,348,586	1,717,497		(144,263)		105,556,141		107,082,093		108,568,919		103,366,891
	(a) Book/Adjusted Carrying Value column for the end of the current reporting period includes the following amount of short-term and cash equivalent bonds by NAIC designation:
	NAIC 1 $	; NAIC 2	$	; NAIC 3	$	NAIC 4 $	; NAIC 5	$		; NAIC 6 $

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE DA - PART 1

Short-Term Investments

		1	2	3	4		5
		NONE				Paid for
			Interest Collected		Accrued Interest
		Book/Adjusted
		Carrying Value	Par Value	Actual Cost	Year-to-Date		Year-to-Date
9199999 Totals		XXX
	SCHEDULE DA - VERIFICATION
		Short-Term Investments
					1		2
							Prior Year Ended
					Year To Date		December 31
1.	Book/adjusted carrying value, December 31 of prior year				0	9,346,500
2.	Cost of short-term investments acquired
3.	Accrual of discount						53,500
4.	Unrealized valuation increase (decrease)
5.	Total gain (loss) on disposals
6.	Deduct consideration received on disposals						9,400,000
7.	Deduct amortization of premium
8.	Total foreign exchange change in book/adjusted carrying value
9.	Deduct current year's other than temporary impairment recognized
10.	Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9)				0	0
11.	Deduct total nonadmitted amounts
12.	Statement value at end of current period (Line 10 minus Line 11)				0	0

SI03

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

Schedule DB - Part A - Verification - Options, Caps, Floors, Collars, Swaps and Forwards

N O N E

Schedule DB - Part B - Verification - Futures Contracts

N O N E

Schedule DB - Part C - Section 1 - Replication (Synthetic Asset) Transactions (RSATs) Open

N O N E

Schedule DB-PartC-Section2-Reconciliation of Replication (Synthetic Asset) Transactions Open

N O N E

Schedule DB - Verification - Book/Adjusted Carrying Value, Fair Value and Potential Exposure of

Derivatives

N O N E

SI04, SI05, SI06, SI07

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE E - PART 2 - VERIFICATION

(Cash Equivalents)

		1	2
			Prior Year Ended
		Year To Date	December 31
1.	Book/adjusted carrying value, December 31 of prior year	2,069,113	689,757
2.	Cost of cash equivalents acquired	16,752,102	36,426,048
3.	Accrual of discount
4.	Unrealized valuation increase (decrease)
5.	Total gain (loss) on disposals
6.	Deduct consideration received on disposals	17,607,418	35,046,692
7.	Deduct amortization of premium
8.	Total foreign exchange change in book/adjusted carrying value
9.	Deduct current year's other than temporary impairment recognized
10.	Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9)	1,213,797	2,069,113
11.	Deduct total nonadmitted amounts
12.	Statement value at end of current period (Line 10 minus Line 11)	1,213,797	2,069,113

SI08

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

Schedule A - Part 2 - Real Estate Acquired and Additions Made

N O N E

Schedule A - Part 3 - Real Estate Disposed

N O N E

Schedule B - Part 2 - Mortgage Loans Acquired and Additions Made

N O N E

Schedule B - Part 3 - Mortgage Loans Disposed, Transferred or Repaid

N O N E

Schedule BA - Part 2 - Other Long-Term Invested Assets Acquired and Additions Made

N O N E

Schedule BA - Part 3 - Other Long-Term Invested Assets Disposed, Transferred or Repaid

N O N E

E01, E02, E03

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE D - PART 3

Show All Long-Term Bonds and Stock Acquired During the Current Quarter

	1			2	3	4	5	6	7	8	9	10
												NAIC
												Designation
												and
								Number of			Paid for Accrued	Admini-
	CUSIP				Date		Shares of			Interest and	strative
	Identification		Description	Foreign	Acquired	Name of Vendor	Stock	Actual Cost	Par Value	Dividends	Symbol
	3133KJ-NE-8		FH RA3089 - RMBS			07/10/2020	CHASE SECURITIES INC		512,658	486,653	439	1
	31418D-RW-4		FN MA4100 - RMBS			07/30/2020	SALOMON BROTHERS INC		258,178	249,410	28	1
	3199999.	Subtotal - Bonds - U.S. Special Revenues					770,836	736,063	467	XXX
	09075J-AA-7		BGCLO 1 A - CDO		C	07/28/2020	Montgomery		740,625	750,000	1,841	1FE
	13079W-AQ-1		SYMP IX AR2 - CDO			08/06/2020	BAIRD, ROBERT W., & COMPANY IN		247,750	250,000	276	1FE
	449258-AA-0		ICG 2018-1 A1 - CDO		C	08/05/2020	SALOMON BROTHERS INC		489,375	500,000	314	1FE
	55822A-AA-5		MADISON PARK FUNDING XLVI LTD. - CDO		C	07/28/2020	CHASE SECURITIES INC		600,000	600,000	0	1FE
	69917A-AC-8		PARL 201 A2 - CDO		C	08/05/2020	SALOMON BROTHERS INC		500,000	500,000	0	1FE
	3899999.	Subtotal - Bonds - Industrial and Miscellaneous (Unaffiliated)					2,577,750	2,600,000	2,431	XXX
	8399997.	Total - Bonds - Part 3						3,348,586	3,336,063	2,899	XXX
	8399998.	Total - Bonds - Part 5						XXX	XXX	XXX	XXX
	8399999.	Total - Bonds						3,348,586	3,336,063	2,899	XXX
	8999997.	Total - Preferred Stocks - Part 3						0	XXX	0	XXX
	8999998.	Total - Preferred Stocks - Part 5						XXX	XXX	XXX	XXX
	8999999.	Total - Preferred Stocks						0	XXX	0	XXX
	9799997.	Total - Common Stocks - Part 3						0	XXX	0	XXX
	9799998. Total - Common Stocks - Part 5						XXX	XXX	XXX	XXX
	9799999. Total - Common Stocks						0	XXX	0	XXX
	9899999.	Total - Preferred and Common Stocks					0	XXX	0	XXX
E04
9999999 - Totals						3,348,586	XXX	2,899	XXX

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE D - PART 4

Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter

	1		2	3	4	5	6	7	8	9	10	Change In Book/Adjusted Carrying Value	16	17	18	19	20	21	22
												11	12	13	14	15
															Total	Total
														Current	Change in	Foreign					Bond		NAIC
														Year's	Book/	Exchange	Book/				Interest/		Desig-
											Prior Year		Current	Other Than	Adjusted	Change in	Adjusted	Foreign			Stock	Stated	nation
											Book/	Unrealized	Year's	Temporary	Carrying	Book	Carrying	Exchange	Realized		Dividends	Con-	and
	CUSIP						Number of				Adjusted	Valuation	(Amor-	Impairment	Value	/Adjusted	Value at	Gain	Gain	Total Gain	Received	tractual	Admini-
	Ident-			For-	Disposal	Name	Shares of	Consid-		Actual	Carrying	Increase/	tization)/	Recog-	(11 + 12 -	Carrying	Disposal	(Loss) on	(Loss) on	(Loss) on	During	Maturity	strative
	ification		Description	eign	Date	of Purchaser	Stock	eration	Par Value	Cost	Value	(Decrease)	Accretion	nized	13)	Value	Date	Disposal	Disposal	Disposal	Year	Date	Symbol
	36179R-LQ-0	G2	MA3035 - RMBS		09/01/2020	Paydown		44,292	44,292	47,050	47,662	0	(3,370)	0	(3,370)	0	44,292	0	0	0	1,162	08/20/2045	1
	36179T-SJ-5	G2	MA5021 - RMBS		09/01/2020	Paydown		75,724	75,724	80,344	80,428	0	(4,704)	0	(4,704)	0	75,724	0	0	0	2,249	02/20/2048	1
	36179U-K2-7	G2	MA5713 - RMBS		09/01/2020	Paydown		49,967	49,967	52,707	53,440	0	(3,474)	0	(3,474)	0	49,967	0	0	0	1,833	01/20/2049	1
	0599999. Subtotal - Bonds - U.S. Governments					169,982	169,982	180,101	181,530	0	(11,548)	0	(11,548)	0	169,982	0	0	0	5,244	XXX	XXX
	10620N-CG-1	BRHEA 2011-1 A2 - ABS		08/25/2020	Paydown		24,363	24,363	24,576	24,408	0	(45)	0	(45)	0	24,363	0	0	0	393	02/25/2030	1FE
	3131Y7-S6-5	FH ZN1441 - RMBS		09/01/2020	Paydown		51,797	51,797	55,666	55,758	0	(3,961)	0	(3,961)	0	51,797	0	0	0	1,527	11/01/2048	1
	3132AD-VT-2	FH ZT1526 - RMBS		09/01/2020	Paydown		212,570	212,570	226,670	226,685	0	(14,115)	0	(14,115)	0	212,570	0	0	0	5,658	11/01/2048	1
	3132DM-KC-8	FH SD0291 - RMBS		09/01/2020	Paydown		94,620	94,620	102,530	0	0	(7,910)	0	(7,910)	0	94,620	0	0	0	1,525	03/01/2050	1
	3132GK-S4-9	FH Q04439 - RMBS		09/01/2020	Paydown		14,899	14,899	15,750	15,741	0	(842)	0	(842)	0	14,899	0	0	0	341	11/01/2041	1
	3132XC-RV-9	FH G67700 - RMBS		09/01/2020	Paydown		31,719	31,719	33,838	33,583	0	(1,864)	0	(1,864)	0	31,719	0	0	0	740	08/01/2046	1
	3132XC-SB-2	FH G67714 - RMBS		09/01/2020	Paydown		46,096	46,096	46,406	46,347	0	(251)	0	(251)	0	46,096	0	0	0	1,226	07/01/2048	1
	3132XU-SC-0	FH Q52314 - RMBS		09/01/2020	Paydown		26,320	26,320	27,550	27,387	0	(1,067)	0	(1,067)	0	26,320	0	0	0	806	11/01/2047	1
	3132XY-VC-8	FH Q56010 - RMBS		09/01/2020	Paydown		48,674	48,674	50,720	50,369	0	(1,695)	0	(1,695)	0	48,674	0	0	0	1,396	05/01/2048	1
	31335B-KB-1	FH G61190 - RMBS		09/01/2020	Paydown		27,910	27,910	29,192	29,053	0	(1,143)	0	(1,143)	0	27,910	0	0	0	889	08/01/2047	1
	31335C-E5-9	FH G61956 - RMBS		09/01/2020	Paydown		126,286	126,286	134,978	134,613	0	(8,327)	0	(8,327)	0	126,286	0	0	0	3,829	04/01/2049	1
	3133A3-YM-4	FH QA8816 - RMBS		09/01/2020	Paydown		12,608	12,608	13,112	0	0	(504)	0	(504)	0	12,608	0	0	0	114	04/01/2050	1
	3133KH-4G-8	FH RA2623 - RMBS		09/01/2020	Paydown		3,867	3,867	4,051	0	0	(184)	0	(184)	0	3,867	0	0	0	22	05/01/2050	1
	3133KJ-NE-8	FH RA3089 - RMBS		09/01/2020	Paydown		3,224	3,224	3,396	0	0	(172)	0	(172)	0	3,224	0	0	0	9	07/01/2050	1
	3137B6-ZM-6	FHMS K-714 A2 - CMBS		09/01/2020	Paydown		131,655	131,655	134,283	131,664	0	(9)	0	(9)	0	131,655	0	0	0	2,653	10/25/2020	1
E05	3138EQ-BA-9	FN AL7232 - RMBS		09/01/2020	Paydown		9,169	9,169	9,823	9,770	0	(601)	0	(601)	0	9,169	0	0	0	213	09/01/2045	1
3138EQ-KH-4	FN AL7495 - RMBS		09/01/2020	Paydown		5,869	5,869	6,287	6,246	0	(377)	0	(377)	0	5,869	0	0	0	140	10/01/2045	1
	3138EQ-ZR-6	FN AL7951 - RMBS		09/01/2020	Paydown		5,285	5,285	5,661	5,617	0	(333)	0	(333)	0	5,285	0	0	0	126	01/01/2046	1
	3138YH-U5-7	FN AY4203 - RMBS		09/01/2020	Paydown		1,860	1,860	1,993	1,986	0	(126)	0	(126)	0	1,860	0	0	0	43	05/01/2045	1
	3140FP-FQ-7	FN BE3774 - RMBS		09/01/2020	Paydown		210,290	210,290	210,914	210,865	0	(576)	0	(576)	0	210,290	0	0	0	5,571	07/01/2047	1
	3140FX-H3-9	FN BF0249 - RMBS		09/01/2020	Paydown		77,934	77,934	80,948	81,019	0	(3,086)	0	(3,086)	0	77,934	0	0	0	1,807	01/01/2058	1
	3140J8-ZH-9	FN BM4343 - RMBS		09/01/2020	Paydown		77,220	77,220	80,984	80,688	0	(3,469)	0	(3,469)	0	77,220	0	0	0	2,295	05/01/2048	1
	3140J9-H8-7	FN BM4754 - RMBS		09/01/2020	Paydown		58,374	58,374	60,371	60,438	0	(2,064)	0	(2,064)	0	58,374	0	0	0	1,358	05/01/2047	1
	3140Q9-2N-2	FN CA2580 - RMBS		09/01/2020	Paydown		43,357	43,357	45,052	44,766	0	(1,409)	0	(1,409)	0	43,357	0	0	0	1,288	11/01/2048	1
	3140X4-V3-7	FN FM1533 - RMBS		09/01/2020	Paydown		53,515	53,515	56,651	56,678	0	(3,162)	0	(3,162)	0	53,515	0	0	0	1,424	02/01/2048	1
	31418D-RW-4	FN MA4100 - RMBS		09/01/2020	Paydown		1,144	1,144	1,184	0	0	(40)	0	(40)	0	1,144	0	0	0	2	08/01/2050	1
	452281-JD-1	ILSSTD 2010-1 A3 - ABS		07/27/2020	Paydown		5,797	5,797	5,795	5,793	0	4	0	4	0	5,797	0	0	0	110	07/25/2045	1FE
	3199999. Subtotal - Bonds - U.S. Special Revenues				1,406,422	1,406,422	1,468,379	1,339,475	0	(57,327)	0	(57,327)	0	1,406,422	0	0	0	35,504	XXX	XXX
	05972F-AA-7	BANC 2018-CRE3 A - CMBS		08/15/2020	Paydown		21,044	21,044	21,044	21,044	0	0	0	0	0	21,044	0	0	0	248	03/16/2035	1FE
	22845T-AQ-2	CRNPT III 1AR - CDO		07/15/2020	Paydown		48,157	48,157	48,157	48,157	0	0	0	0	0	48,157	0	0	0	951	12/31/2027	1FE
	28137R-AA-5	EDUSA 5 A - ABS		09/25/2020	Paydown		5,960	5,960	5,902	6,029	0	(69)	0	(69)	0	5,960	0	0	0	64	02/25/2039	1FE
	38021E-AA-2	GOAL 2010-1 NTS - ABS		08/25/2020	Paydown		8,364	8,364	8,286	8,301	0	63	0	63	0	8,364	0	0	0	128	08/25/2048	1FE
	63940F-AB-3	NAVSL 2016-2 A2 - ABS		09/25/2020	Paydown		18,847	18,847	18,847	18,847	0	0	0	0	0	18,847	0	0	0	247	06/25/2065	1FE
	67091R-AK-5	OCP 2015-8 A1R - CDO	D	07/17/2020	Paydown		38,719	38,719	38,719	38,719	0	0	0	0	0	38,719	0	0	0	739	04/19/2027	1FE
	3899999. Subtotal - Bonds - Industrial and Miscellaneous (Unaffiliated)		141,093	141,093	140,956	141,099	0	(6)	0	(6)	0	141,093	0	0	0	2,378	XXX	XXX
	8399997. Total - Bonds - Part 4					1,717,497	1,717,497	1,789,436	1,662,104	0	(68,881)	0	(68,881)	0	1,717,497	0	0	0	43,126	XXX	XXX
	8399998. Total - Bonds - Part 5					XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX
	8399999. Total - Bonds					1,717,497	1,717,497	1,789,436	1,662,104	0	(68,881)	0	(68,881)	0	1,717,497	0	0	0	43,126	XXX	XXX
	8999997. Total - Preferred Stocks - Part 4					0	XXX	0	0	0	0	0	0	0	0	0	0	0	0	XXX	XXX
	8999998. Total - Preferred Stocks - Part 5					XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX
	8999999. Total - Preferred Stocks					0	XXX	0	0	0	0	0	0	0	0	0	0	0	0	XXX	XXX
	9799997. Total - Common Stocks - Part 4					0	XXX	0	0	0	0	0	0	0	0	0	0	0	0	XXX	XXX
	9799998. Total - Common Stocks - Part 5					XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX
	9799999. Total - Common Stocks					0	XXX	0	0	0	0	0	0	0	0	0	0	0	0	XXX	XXX
	9899999. Total - Preferred and Common Stocks					0	XXX	0	0	0	0	0	0	0	0	0	0	0	0	XXX	XXX
	9999999 - Totals					1,717,497	XXX	1,789,436	1,662,104	0	(68,881)	0	(68,881)	0	1,717,497	0	0	0	43,126	XXX	XXX

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

Schedule DB - Part A - Section 1 - Options, Caps, Floors, Collars, Swaps and Forwards Open

N O N E

Schedule DB - Part B - Section 1 - Futures Contracts Open

N O N E

Schedule DB - Part B - Section 1B - Brokers with whom cash deposits have been made

N O N E

Schedule DB - Part D - Section 1 - Counterparty Exposure for Derivative Instruments Open

N O N E

Schedule DB - Part D-Section 2 - Collateral for Derivative Instruments Open - Pledged By

N O N E

Schedule DB - Part D-Section 2 - Collateral for Derivative Instruments Open - Pledged To

N O N E

Schedule DB - Part E - Derivatives Hedging Variable Annuity Guarantees

N O N E

Schedule DL - Part 1 - Reinvested Collateral Assets Owned

N O N E

Schedule DL - Part 2 - Reinvested Collateral Assets Owned

N O N E

E06, E07, E08, E09, E10, E11, E12

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE E - PART 1 - CASH

Month End Depository Balances

		1	2	3	4	5	Book Balance at End of Each Month	9
							During Current Quarter
					Amount of	Amount of	6	7		8
					Interest Received	Interest Accrued
				Rate of	During Current	at Current
		Depository	Code	Interest	Quarter	Statement Date	First Month	Second Month		Third Month	*
BB&T		NORTH CAROLINA	O	0.000	0	0	23,949	23,796		23,615	XXX
CITIZENS BANK	RHODE ISLAND	O	0.150	365	0	1,015,218	1,073,103		1,338,695	XXX
0199998.	Deposits in ...	depositories that do not
exceed the allowable limit in any one depository (See
instructions) - Open Depositories	XXX	XXX							XXX
0199999.	Totals - Open Depositories	XXX	XXX	365	0	1,039,167	1,096,899		1,362,310	XXX
0299998.	Deposits in ...	depositories that do not
exceed the allowable limit in any one depository (See
instructions) - Suspended Depositories	XXX	XXX							XXX
0299999.	Totals - Suspended Depositories	XXX	XXX	0	0	0	0		0	XXX
0399999.	Total Cash on Deposit	XXX	XXX	365	0	1,039,167	1,096,899		1,362,310	XXX
0499999. Cash in Company's Office	XXX	XXX	XXX	XXX					XXX
0599999. Total - Cash		XXX	XXX	365	0	1,039,167	1,096,899		1,362,310	XXX

E13

STATEMENT AS OF SEPTEMBER 30, 2020 OF THE Essent Guaranty of PA, Inc.

SCHEDULE E - PART 2 - CASH EQUIVALENTS

Show Investments Owned End of Current Quarter

1			2	3	4	5	6	7	8	9
								Book/Adjusted	Amount of Interest	Amount Received
CUSIP		Description	Code	Date Acquired	Rate of Interest	Maturity Date	Carrying Value	Due and Accrued	During Year
0599999.	Total - U.S. Government Bonds						0	0	0
1099999.	Total - All Other Government Bonds						0	0	0
1799999.	Total - U.S. States, Territories and Possessions Bonds						0	0	0
2499999.	Total - U.S. Political Subdivisions Bonds						0	0	0
3199999.	Total - U.S. Special Revenues Bonds						0	0	0
3899999.	Total - Industrial and Miscellaneous (Unaffiliated) Bonds						0	0	0
4899999.	Total - Hybrid Securities						0	0	0
5599999.	Total - Parent, Subsidiaries and Affiliates Bonds						0	0	0
6099999.	Subtotal - SVO Identified Funds						0	0	0
6599999.	Subtotal - Unaffiliated Bank Loans						0	0	0
7699999.	Total - Issuer Obligations						0	0	0
7799999.	Total - Residential Mortgage-Backed Securities						0	0	0
7899999.	Total - Commercial Mortgage-Backed Securities						0	0	0
7999999.	Total - Other Loan-Backed and Structured Securities						0	0	0
8099999.	Total - SVO Identified Funds						0	0	0
8199999.	Total - Affiliated Bank Loans						0	0	0
8299999.	Total - Unaffiliated Bank Loans						0	0	0
8399999.	Total Bonds						0	0	0
665278-70-1		NORTHERN INST:US GS SHS			09/29/2020	0.030		1,213,797	28	18
8699999.	Subtotal - All Other Money Market Mutual Funds						1,213,797	28	18

E14

8899999 - Total Cash Equivalents	1,213,797	28	18