CareScout Quality Network brings together providers committed to person-centered care. CareScout today introduced the CareScout Quality Network, a first-of-its-kind group of long-term care providers who meet high standards for quality, person-centered care. "The long-term care industry is ripe for innovation because health and social systems aren't built to support the demand of our rapidly aging population. Older adults and their families are left to navigate a fragmented and confusing experience to find care," said Samir Shah, CEO of CareScout Services. "Quality measures today only meet the lowest common denominator of patient safety, which is important, but provides zero insight into

RICHMOND, Va., Jan. 4, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) (Genworth, the Company) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today provided an update on their pending transaction. Given uncertainty around the completion and timing of the remaining steps required to close the transaction, Genworth and Oceanwide have not extended the current December 31, 2020 "end date" under the merger agreement. Oceanwide has indicated that the factors contributing to the delay since the parties agreed to their most recent extension of the merger agreement on November 30, 2020 were: (a) the finalization of the Hony Capital financing terms; and (b) the COVID-19 pandemi

Genworth Financial, Inc. (NYSE:GNW) today announced it will issue its earnings release containing first quarter results after the market closes on April 30, 2025. A conference call will be held on May 1, 2025, at 10:00 a.m. (ET) to discuss the quarter's results. Genworth's earnings release, summary presentation and financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public. Genworth's conference call will be accessible via telephone and internet. The dial-in number for Genworth's May 1 conference call is 888-208-1820 or 323-794-2110 (outside the U.S.); conference ID #3161071. To participate in the call by

Strategic Highlights Expanded the CareScout Quality Network to all 50 states, covering over 86% of the aged 65-plus census population in the United States Continued progress on the LTC1 multi-year rate action plan with $40M of gross incremental premium approvals; approximately $31.2B estimated net present value achieved since 2012 from in-force rate actions (IFAs) Executed $51M in share repurchases in the quarter at an average price of $7.32 per share; $186M executed in 2024 at an average price of $6.52 per share; $565M in share repurchases program-to-date through February 14th at an average price of $5.69 per share Repurchased $31M in principal of holding company debt at a discount

Genworth Financial, Inc. (NYSE:GNW) today announced it will issue its earnings release containing fourth quarter results after the market closes on February 18, 2025. A conference call will be held on February 19, 2025, at 9:00 a.m. (ET) to discuss the quarter's results. Genworth's earnings release, summary presentation and financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public. Genworth's conference call will be accessible via telephone and internet. The dial-in number for Genworth's February 19 conference call is 888-208-1820 or 323-794-2110 (outside the U.S.); conference ID #5461958. To participat

Strategic Highlights Continued progress on the LTC1 multi-year rate action plan (MYRAP) with $124M of gross incremental premium approvals; approximately $30B estimated net present value achieved from in-force rate actions (IFAs) since 2012 Expanded the CareScout Quality Network to 49 states through October, covering over 75% of the aged 65-plus Census population in the United States; on track to achieve 80% to 85% coverage by year-end Executed $36M in share repurchases in the quarter; $144M executed year-to-date through October at an average price of $6.29 per share Repurchased $17M in principal of holding company debt at a discount Financial Highlights Net income2 of $85M, or $

Genworth Financial, Inc. (NYSE:GNW) today announced it will issue its earnings release containing third quarter results after the market closes on November 6, 2024. A conference call will be held on November 7, 2024, at 9:00 a.m. (ET) to discuss the quarter's results. Genworth's earnings release, summary presentation and financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public. Genworth's conference call will be accessible via telephone and internet. The dial-in number for Genworth's November 7 conference call is 888-208-1820 or 323-794-2110 (outside the U.S.); conference ID #1689846. To participate in t

AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to "bb-" (Fair) from "b+" (Marginal) of Genworth Financial, Inc. (NYSE:GNW) and Genworth Holdings, Inc. (both domiciled in Delaware), as well their Long-Term Issue Credit Ratings (Long-Term IRs). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed list of the Long-Term IRs.) In addition, AM Best affirmed the Financial Strength Rating (FSR) of B- (Fair) and the Long-Term ICR of "bb-" (Fair) of Genworth Life and Annuity Insurance Company (GLAIC) (Richmond, VA). The outlook of these ratings has been revised to stable from negative. Additionally, AM Best has affirmed the FSR of C++ (Margin

Strategic Highlights Continued progress on the LTC1 multi-year rate action plan (MYRAP) with $138M of gross incremental premium approvals; $29.2B estimated net present value achieved from in-force rate actions (IFAs) since 2012 CareScout continued to expand the CareScout Quality Network; now available in more than 40 states and covering greater than two-thirds of the aged 65-plus Census population in the United States Executed $36M in share repurchases in the quarter; $111M executed year-to-date through July 31, 2024, at an average price of $6.19 per share Repurchased $12M in principal of the company's subordinated notes at a discount Financial Highlights Net income2 of $7

Genworth Financial, Inc. (NYSE:GNW) today announced it will issue its earnings release containing second quarter results after the market closes on July 31, 2024. A conference call will be held on August 1, 2024, at 10:00 a.m. (ET) to discuss the quarter's results. Genworth's earnings release, summary presentation and financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public. Genworth's conference call will be accessible via telephone and internet. The dial-in number for Genworth's August 1 conference call is 888-208-1820 or 323-794-2110 (outside the U.S.); conference ID # 1968462. To participate in the

Strategic Highlights Executed $63M in share repurchases in the quarter; $434M in total executed through April 30, 2024, at an average price of $5.42 per share Enact announced an increase to its quarterly dividend, as well as a new share repurchase program with authorization to purchase up to $250M of common stock Continued progress on the LTC1 multi-year rate action plan (MYRAP) with $41M of gross incremental premium approvals; $28.3B net present value achieved from in-force rate actions (IFAs) since 2012 CareScout continued to expand the CareScout Quality Network, a first-of-its-kind group of long-term care providers who meet high quality standards and are committed to person-c

Genworth Financial, Inc. (NYSE:GNW) today announced it will issue its earnings release containing first quarter results after the market closes on May 1, 2024. A conference call will be held on May 2, 2024, at 9:00 a.m. (ET) to discuss the quarter's results. Genworth's earnings release, summary presentation and financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public. Genworth's conference call will be accessible via telephone and internet. The dial-in number for Genworth's May 2 conference call is 888-208-1820 or 323-794-2110 (outside the U.S.); conference ID # 9022176. To participate in the call by w

Genworth Financial, Inc. (NYSE:GNW) today announced it will issue its earnings release containing first quarter results after the market closes on April 30, 2025. A conference call will be held on May 1, 2025, at 10:00 a.m. (ET) to discuss the quarter's results. Genworth's earnings release, summary presentation and financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public. Genworth's conference call will be accessible via telephone and internet. The dial-in number for Genworth's May 1 conference call is 888-208-1820 or 323-794-2110 (outside the U.S.); conference ID #3161071. To participate in the call by

Genworth (NYSE:GNW) today announced that Morris Taylor joins the company as Senior Vice President and Chief Information Officer (CIO), effective April 7, 2025. Taylor will report to Tom McInerney, President and CEO of Genworth. As CIO, Taylor will be responsible for designing and executing a comprehensive technology vision and strategy that aligns with Genworth and CareScout's goals and long-term growth plans. He will play a highly visible role in accelerating digital innovation within the organization and partnering with senior technology leadership in Genworth's U.S. Life Insurance, CareScout Services and CareScout Insurance businesses to ensure technology alignment and effectiveness. "

80-year-old embarks on 3,000+-mile journey to champion the power of action in healthy aging On Saturday, April 5, Judy Benjamin, PhD, a National Board-Certified Health and Wellness Coach, will take her first steps on the more than 3,000-mile journey across the country to raise awareness for alternative ways to stay healthy at any age. Over five months, she will walk from San Diego, California, to St. Augustine, Florida, following the Adventure Cycling Association Southern Tier route. Dr. Benjamin's journey is not only a personal challenge but also a powerful statement about the importance of proactive health and wellness. Diagnosed with early-stage Alzheimer's at the age of 67, she took c

Genworth Financial, Inc. (NYSE:GNW) today announced the election of a new independent director to its Board of Directors: Steven C. Van Wyk, former Group Chief Information Officer (CIO) for HSBC Bank PLC. Mr. Van Wyk's election as an independent director is effective immediately and increases the number of members on the Genworth Board of Directors to 10. He will stand for election with the other Directors at Genworth's 2025 Annual Meeting of Stockholders, scheduled for May 22, 2025. "Steve brings deep technology, business transformation, and executive leadership expertise to the Genworth Board," said Melina Higgins, non-executive Chair of the Genworth Board. "His perspective will be a str

The cost of long-term care services in Wyoming increased year-over-year in certain care settings but decreased in others, remaining on par with national costs, according to the 2024 Cost of Care Survey conducted by Genworth and CareScout. "Genworth and CareScout are committed to helping our customers in Wyoming create person-centered plans for how they want to receive care as they age," said Jamala Arland, President & CEO, Genworth U.S. Life Insurance. "That means integrating a person's values, preferences, and goals into the care they receive. The Cost of Care Survey is a great resource for individuals starting to create a plan, who want to learn more about different care types and see ho

The cost of long-term care services in West Virginia increased year-over-year, exceeding national costs, according to the 2024 Cost of Care Survey conducted by Genworth and CareScout. "Genworth and CareScout are committed to helping our customers in West Virginia create person-centered plans for how they want to receive care as they age," said Jamala Arland, President & CEO, Genworth U.S. Life Insurance. "That means integrating a person's values, preferences, and goals into the care they receive. The Cost of Care Survey is a great resource for individuals starting to create a plan, who want to learn more about different care types and see how costs may grow over time." National 2024 Cost

The cost of long-term care services in Washington increased year-over-year, exceeding national costs, according to the 2024 Cost of Care Survey conducted by Genworth and CareScout. "Genworth and CareScout are committed to helping our customers in Washington create person-centered plans for how they want to receive care as they age," said Jamala Arland, President & CEO, Genworth U.S. Life Insurance. "That means integrating a person's values, preferences, and goals into the care they receive. The Cost of Care Survey is a great resource for individuals starting to create a plan, who want to learn more about different care types and see how costs may grow over time." National 2024 Cost of Car

The cost of long-term care services in Connecticut increased year-over-year, exceeding national costs, according to the 2024 Cost of Care Survey conducted by Genworth and CareScout. "Genworth and CareScout are committed to helping our customers in Connecticut create person-centered plans for how they want to receive care as they age," said Jamala Arland, President & CEO, Genworth U.S. Life Insurance. "That means integrating a person's values, preferences, and goals into the care they receive. The Cost of Care Survey is a great resource for individuals starting to create a plan, who want to learn more about different care types and see how costs may grow over time." National 2024 Cost of C

The cost of long-term care services in Texas increased year-over-year, but remains lower than national costs, according to the 2024 Cost of Care Survey conducted by Genworth and CareScout. "Genworth and CareScout are committed to helping our customers in Texas create person-centered plans for how they want to receive care as they age," said Jamala Arland, President & CEO, Genworth U.S. Life Insurance. "That means integrating a person's values, preferences, and goals into the care they receive. The Cost of Care Survey is a great resource for individuals starting to create a plan, who want to learn more about different care types and see how costs may grow over time." National 2024 Cost of

The cost of long-term care services in South Dakota increased year-over-year, exceeding national costs, according to the 2024 Cost of Care Survey conducted by Genworth and CareScout. "Genworth and CareScout are committed to helping our customers in South Dakota create person-centered plans for how they want to receive care as they age," said Jamala Arland, President & CEO, Genworth U.S. Life Insurance. "That means integrating a person's values, preferences, and goals into the care they receive. The Cost of Care Survey is a great resource for individuals starting to create a plan, who want to learn more about different care types and see how costs may grow over time." National 2024 Cost of

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