OLDWICK, N.J.–(BUSINESS WIRE)– #insurance–AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Enact Re Ltd. (ERL) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. ERL is a Class 3A Bermuda reinsurer and a direct subsidiary of Enact Mortgage Insurance Corporation (EMIC) (North Carolina), the flagship private mortgage insurer within the Enact Holdings, Inc. (EHI) (Delaware) organization.