GENWORTH FINANCIAL INC
For the period ended Nov 4, 2026. Filed Nov 4, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Nov 4, 2026 · Filed Nov 4, 2026
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · Closed Block
Closed Block
| Operating Metric(Amounts in millions) | Q3 2026 | Q2 2026 | Q3 2025 |
|---|---|---|---|
| Adjusted operating income (loss) | $(146) | $(110) | $(96) |
Current quarter results were primarily driven by a $111 million pre-tax A/E 14 loss from lower terminations, primarily from mortality, and higher benefit utilization in LTC
Results in the prior quarter and prior year reflected pre-tax A/E losses of $127 million and $100 million, respectively
Compared to the prior quarter and prior year, results were also impacted by lower net investment income
| Statutory Results8,9 and RBC Ratio8,9(Dollar amounts in millions) | Q3 2026 | Q2 2026 | Q3 2025 |
|---|---|---|---|
| Statutory pre-tax income (loss)8,15 | $(143) | $6 | $(12) |
| Long-term care insurance | (151) | (82) | (75) |
| Life insurance | (31) | (22) | (2) |
| Annuities | 39 | 110 | 65 |
| GLIC consolidated RBC ratio8,10 | 274% | 286% | 303% |
Statutory pre-tax loss was $143 million in the current quarter
LTC continued to benefit from premium increases and benefit reductions from IFAs. Mortality was favorable to the prior quarter, but unfavorable to the prior year. Claims continued to grow as the block ages. Prior quarter results reflected a benefit from net insurance recoveries of $18 million and higher net investment income, primarily from limited partnerships
Life insurance results included unfavorable seasonal impacts versus the prior quarter. Compared to the prior year, results included unfavorable mortality and unfavorable impacts as the block runs off
Annuities results reflected $34 million net favorable interest rate and equity market impacts compared to $97 million in the prior quarter and $47 million in the prior year; mortality was also unfavorable compared to the prior year
Current quarter estimated GLIC consolidated RBC ratio was 274%, down from the prior quarter from the statutory loss, primarily in LTC
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.