Genworth Financial, Inc. (GNW)

The company now

Genworth Financial reported a third-quarter 2026 net loss of $41 million, or $0.11 per diluted share, in its results release of 4 November 2026 1. The company said the loss was driven by Closed Block, partly offset by Enact 1.

Closed Block is the run-off book of long-term care, life insurance and annuity policies that Genworth no longer sells 2. It posted an adjusted operating loss of $146 million, which the company tied to a $111 million pre-tax loss from fewer policy terminations, mostly deaths, and heavier use of long-term care benefits than assumed 1.

Enact, the mortgage insurance business of which Genworth owns about 81 percent, earned adjusted operating income of $132 million, and Genworth received $122 million of capital returns from it in the quarter 18.

Genworth also announced a new $500 million share repurchase authorization 1. On 30 October it said Thomas McInerney will retire as chief executive on 31 December 2026, with chief financial officer Jerome Upton to succeed him on 1 January 2027 34.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.