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0.0134907251264756 0 -0.00168634064080956 -0.00505902192242837 -0.00674536256323778 -0.0219224283305227 -0.0219224283305227 -0.0219224283305227
Stock impact report

Genworth Financial Announces Fourth Quarter 2023 Results [Yahoo! Finance]

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: Yahoo! Finance
Significant progress on Long-Term Care Insurance (LTC) multi-year rate action plan (MYRAP), reducing the estimated remaining amount left to achieve by $1.5B to approximately $5B Achieved $127M of gross incremental premium approved in fourth quarter in the MYRAP, $28B net present value achieved from in-force rate actions (IFAs) since 2012 Financial Highlights Net loss of $212M, or $0.47 per diluted share, and adjusted operating loss of $230M, or $0.51 per diluted share Received $128M in capital returns from Enact Completed annual assumption updates with unfavorable impacts in life insurance and LTC of $227M, or $0.50 per diluted share U.S. life insurance companies' statutory pre-tax income of $148M and RBC ratio of 303% Genworth holding company cash and liquid assets of $350M at year-end RICHMOND, Va., February 21, 2024 BUSINESS WIRE )--Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended December 31, 2023. "I'm proud of Genworth's progre Show less Read more
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