Genworth Financial (GNW) Tops Q4 EPS by 14c

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Genworth Financial Announces Fourth Quarter 2022 Results

February 6, 2023 4:20 PM EST

Fourth Quarter Net Income of $175 Million and Adjusted Operating Income of $167 Million;
2022 Full Year Net Income of $609 Million and Adjusted Operating Income of $633 Million

Enact segment fourth quarter adjusted operating income of $120 million, with 10 percent annual growth in primary insurance in-force Received $168 million capital returns from Enact in the fourth quarter, including $148 million special dividend U.S. Life Insurance segment fourth quarter adjusted operating income of $38 million Continued progress against long-term care insurance (LTC) multi-year rate action plan, with approximately $23.5 billion net present value from... More