Essent GroupLtd. reported first-quarter net income of $48.0 million, or 52cents per share, compared to $34.8 million, or 38 cents per share, in theyear-ago quarter.
The S&P Capital IQ consensus GAAP EPS estimate for thequarter was 49 cents.
Comprehensive income totaled $61.3 million, compared to$39.7 million in the 2015 first quarter.
Total revenues grew year over year to $102.5 million from$80.0 million.
Net premiums written rose to $100.5 million from $82.3million. Net premiums earned climbed to $94.4 million from $75.0 million in theyear-ago quarter.
The combined ratio for the quarter came in at 37.2%, versus39.3% a year ago.
EssentReinsurance Ltd. reinsured a total of $34.9 million of risk in GSErisk share transactions in the first quarter.