Genworth Financial (GNW) Tops Q4 EPS by 6c

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Genworth Financial Announces Fourth Quarter 2021 Results

February 1, 2022 4:45 PM EST

Fourth Quarter Net Income of $163 Million and Adjusted Operating Income of $164 Million;

2021 Full Year Net Income of $904 Million and Adjusted Operating Income of $765 Million 

Enact segment adjusted operating income of $125 million, with nine percent annual growth in primary insurance in force and a loss ratio of three percent Enacts PMIERs1 sufficiency ratio estimated at 165 percent, approximately $2.0 billion above published requirements U.S. Life Insurance segment adjusted operating income of $41 million driven by long term care insurance (LTC) results benefitting from in force rate actions... More