Triangle Re 2023-1 Ltd

Enact Mortgage Insurance has successfully closed on its new mortage insurance-linked securities (ILS) issuance, securing $248 million of collateralized mortgage reinsurance protection from the capital markets with the issuance of Triangle Re 2023-1 Ltd. mortgage insurance-linked notes.

Enact Mortgage Insurance has returned to the insurance-linked securities (ILS) market for the first time in over two years, seeking just under $248 million of collateralized mortgage reinsurance protection from an issuance of Triangle Re 2023-1 Ltd. mortgage insurance-linked notes.