Genworth Finl Inc Stock Price, News & Analysis

Genworth Financial (NYSE: GNW) has scheduled its first quarter 2025 earnings release and conference call. The company will release its Q1 2025 results after market close on April 30, 2025, followed by a conference call on May 1, 2025, at 10:00 a.m. ET.

The earnings conference call will be accessible via telephone (888-208-1820 or 323-794-2110 for international calls) and webcast. The company's earnings release, summary presentation, and financial supplement will be available on their investor website. Additionally, Genworth's subsidiary Enact Holdings (Nasdaq: ACT) will hold its Q1 earnings call on the same day at 8:00 a.m. ET.

Genworth (NYSE: GNW) has appointed Morris Taylor as Senior Vice President and Chief Information Officer (CIO), effective April 7, 2025. Taylor will report directly to President and CEO Tom McInerney and will be responsible for implementing a comprehensive technology strategy aligned with Genworth and CareScout's growth objectives.

In his role, Taylor will focus on accelerating digital innovation and ensuring technology alignment across Genworth's U.S. Life Insurance, CareScout Services, and CareScout Insurance businesses. He joins from Markel, where he served as CIO since 2021, and previously spent 25 years at Capital One, leading major acquisition/integration projects and establishing strategic investment roadmaps.

CareScout has announced a partnership with Dr. Judy Benjamin, an 80-year-old National Board-Certified Health and Wellness Coach, who will embark on a 3,000+ mile walk across America. The journey, starting April 5 from San Diego to St. Augustine, aims to promote healthy aging awareness.

Dr. Benjamin, who was diagnosed with early-stage Alzheimer's at 67, transformed her health through lifestyle changes and became a certified wellness coach and yoga therapist. The five-month journey will follow the Adventure Cycling Association Southern Tier route.

A film crew will document the journey for an upcoming documentary highlighting active aging and long-term care planning. CareScout's CEO Samir Shah expressed support for the initiative, which aligns with the company's mission of empowering families with aging-related planning resources.

Genworth Financial (NYSE: GNW) has announced the appointment of Steven C. Van Wyk to its Board of Directors as an independent director, effective immediately. Van Wyk, the former Group Chief Information Officer of HSBC Bank PLC, brings extensive technology and business transformation expertise to the board, which now comprises 10 members.

Van Wyk will stand for election with other Directors at Genworth's 2025 Annual Meeting of Stockholders on May 22, 2025. His background includes CIO positions at major financial institutions including HSBC, PNC Bank, ING Bank, ING Insurance, and Morgan Stanley, along with experience in finance, audit, and consulting roles.

The appointment aligns with Genworth's focus on implementing new AI and digital technologies while enhancing customer service. Board Chair Melina Higgins highlighted Van Wyk's potential contribution to shareholder value, while CEO Tom McInerney emphasized his technical expertise's importance in helping families navigate aging-related challenges.

Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care services costs in New Hampshire have increased year-over-year, surpassing national averages. The survey indicates a continued upward trend in long-term care costs across various care types nationwide, with most increases outpacing inflation rates.

The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now available on CareScout.com/cost-of-care, featuring interactive tools to calculate median costs, state-by-state comparisons, and access to the CareScout Quality Network of long-term care providers.

The platform also offers comprehensive resources including aging care planning guides, payment information for long-term care services, and insights on person-centered care approaches.

Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Montana have increased year-over-year, surpassing national averages. The survey indicates a continuing upward trend in long-term care expenses across various care types nationwide, with most increases outpacing inflation rates.

The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now available on CareScout.com/cost-of-care, featuring interactive tools to calculate median costs, state-by-state comparisons, and access to the CareScout Quality Network of vetted long-term care providers.

The platform also offers comprehensive resources including aging care planning guides and information about financing long-term care services.

Genworth and CareScout have released their 2024 Cost of Care Survey revealing that long-term care costs in New Mexico have increased year-over-year, while remaining comparable to national averages. The survey indicates a continued upward trend in long-term care costs across various care types nationally, with most increases outpacing inflation rates.

The primary factors driving these cost increases are identified as inflation and labor costs. The survey results and additional resources are now available on www.CareScout.com/cost-of-care, featuring interactive tools to calculate median costs, state-by-state comparisons, and access to the CareScout Quality Network of long-term care providers.

Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Arkansas have increased year-over-year, though remaining below national averages. The survey, which tracks various types of long-term care services, indicates that costs continue to rise nationwide at rates exceeding inflation.

Key factors driving the cost increases include:

• Inflation impacts
• Rising labor costs

The survey data is now accessible at www.CareScout.com/cost-of-care, featuring interactive tools for calculating median care costs, state-by-state comparisons, and resources for long-term care planning. CareScout, a Genworth company with over 50 years of expertise, aims to help families understand, locate, and finance quality long-term care services.

Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Maryland have increased year-over-year, surpassing national averages. The survey indicates a continued upward trend in long-term care expenses across various care types nationwide, with most increases outpacing inflation rates.

The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now available on CareScout.com/cost-of-care, featuring interactive tools to calculate median long-term care costs by area, state-level data comparisons, and access to CareScout's Quality Network of care providers.

The platform also offers comprehensive resources including aging care planning guides, information on funding long-term care services, and insights on person-centered care approaches.