HAMILTON, Bermuda, Dec. 23, 2013 /PRNewswire/ -- Essent Group Ltd. (ESNT) announced today that it has been included in the Russell 2000® Index after the equity markets closed on December 20, 2013, following Russell Investments' quarterly update for initial public offerings. Essent's common shares began trading on the New York Stock Exchange on October 31, 2013. The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. It is also a subset of the Russell 3000® Index. Additionally, Essent announced today that it has been invited by the New York Stock Exchange to ring The Opening Bell® on December 23, 2013.
"Following our successful initial public offering this year, we are pleased with the addition of Essent to the Russell 2000 Index," said Mark Casale, Chairman and Chief Executive Officer. "Our initial public offering was a significant milestone for Essent and we also are very excited to have been invited by the NYSE to ring The Opening Bell today."
About the Company
Essent Group Ltd. (ESNT) is a Bermuda-based holding company which, through its wholly-owned subsidiary Essent Guaranty, Inc., offers private mortgage insurance for single-family mortgage loans in the United States. Essent provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners. Headquartered in Radnor, Pennsylvania, Essent Guaranty, Inc. is licensed to write mortgage insurance in all 50 states and the District of Columbia, and is approved by Fannie Mae and Freddie Mac. Additional information regarding Essent may be found at www.essentgroup.com.
- New York Stock Exchange
- Russell Investments
- initial public offerings