Welcome to our dedicated page for Genworth Finl news (Ticker: GNW), a resource for investors and traders seeking the latest updates and insights on Genworth Finl stock.
Genworth Financial Inc (NYSE: GNW) provides essential insurance solutions spanning mortgage protection, long-term care coverage, and retirement security products. This news hub offers investors and stakeholders centralized access to official announcements, financial disclosures, and strategic developments from this established industry leader.
Track critical updates across Genworth's core operations including Enact mortgage insurance performance, Life & Annuities product innovations, and Long-Term Care Insurance program enhancements. Our curated news collection simplifies monitoring regulatory filings, leadership changes, and market positioning moves within the U.S. insurance sector.
This resource serves as your primary source for unfiltered access to earnings reports, partnership announcements, and operational milestones. Bookmark this page for real-time insights into how Genworth addresses evolving challenges in housing finance and aging population needs through its insurance offerings.
Genworth Financial (NYSE: GNW) has announced its schedule for releasing third quarter results and hosting an earnings conference call. The company will release its earnings report after market close on November 6, 2024, followed by a conference call on November 7, 2024, at 9:00 a.m. (ET) to discuss the results. Investors can access the earnings release, summary presentation, and financial supplement through Genworth's investor website.
The conference call will be accessible via telephone and internet. The dial-in number is 888-208-1820 or 323-794-2110 (outside the U.S.) with conference ID #1689846. Participants can also join the webcast by registering at the investor website. Additionally, Genworth's publicly traded subsidiary, Enact Holdings, Inc. (Nasdaq: ACT), will hold its own conference call on November 7, 2024, at 8:00 a.m. (ET) to discuss its third-quarter results.
Genworth Financial (NYSE: GNW) reported solid Q2 2024 results with net income of $76M ($0.17 per diluted share) and adjusted operating income of $125M ($0.28 per diluted share). Key highlights include:
- $138M in gross incremental premium approvals for long-term care insurance
- $36M in share repurchases executed in Q2; $111M year-to-date
- Enact reported adjusted operating income of $165M
- U.S. life insurance companies' RBC ratio improved to 319%
- Holding company cash and liquid assets at $281M
The company continues to focus on returning capital to shareholders while investing in growth initiatives like the CareScout Quality Network, now available in over 40 states.
Genworth Financial (NYSE: GNW) has announced its second quarter earnings release and conference call schedule. The company will release its Q2 results after market close on July 31, 2024, followed by a conference call on August 1, 2024, at 10:00 a.m. ET. Investors can access the call via phone (888-208-1820 or 323-794-2110; conference ID # 1968462) or webcast (register at http://investor.genworth.com).
Additionally, Genworth's subsidiary Enact Holdings (Nasdaq: ACT) will hold its Q2 earnings call on August 1, 2024, at 8:00 a.m. ET. Participants must pre-register for Enact's Q&A session to obtain dial-in information. Both companies recommend joining their respective calls 15 minutes early.
Genworth Financial (NYSE: GNW) announced the results of its 2024 annual meeting of stockholders. All nine director nominees were re-elected, including G. Kent Conrad and Karen E. Dyson. Stockholders also approved executive officer compensation and ratified KPMG LLP as the independent accounting firm for 2024. Additionally, stockholders passed an Amended and Restated Certificate of Incorporation, removing references to legacy GE provisions and granting stockholders the right to request a special meeting at a 25% ownership threshold. These changes will take effect early next month.
Genworth Financial, Inc. (NYSE: GNW) reported strong Q1 2024 results with net income of $139M, or $0.31 per diluted share. Enact had a solid quarter with adjusted operating income of $135M and announced a new share repurchase program. CareScout expanded its Quality Network. The company repurchased $63M in shares, increased its dividend, and maintained a strong financial position.