Genworth Financial (GNW) Tops Q2 EPS by 16c

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Go back to Genworth Financial (GNW) Tops Q2 EPS by 16c

Genworth Financial Announces Second Quarter 2021 Results

August 3, 2021 4:45 PM EDT

RICHMOND, Va., Aug. 3, 2021 /PRNewswire/ --

Continued Progress On Company's Strategic Objectives With Strong Second Quarter Earnings, Preparations For An Initial Public Offering (IPO) Of Minority Interest In Enact1 And Holding Company Debt Reduction Enact Adjusted Operating Income Of $135 Million From Favorable Loss Performance Driven By Lower New Delinquencies Enact's PMIERs2 Sufficiency Ratio Estimated At 165 Percent, $1,941 Million Above Published Requirements U.S. Life Insurance Segment Adjusted Operating Income Of $71 Million Driven By LTC3 Results Benefitting From In Force Rate Actions And Net Investment Income Continued Progress Toward LTC Multi-Year... More