SEC Form 10-Q filed by Genworth Financial Inc

Genworth Financial, Inc. (NYSE:GNW) today announced that its Board of Directors has authorized a new share repurchase program under which Genworth may repurchase up to $350 million of its outstanding common stock. The new share repurchase authorization is in addition to Genworth's current $700 million share repurchase program, of which $16 million remains as of September 17, 2025. "The Board's decision to authorize a new share repurchase program reflects the company's commitment to delivering shareholder returns," said Tom McInerney, Genworth's President and Chief Executive Officer. "Supported by strong cash flows from our subsidiary, Enact Holdings, Inc., we are very pleased with our pro

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) of the following operating subsidiaries of Enact Holdings, Inc. (EHI) (Delaware) (NASDAQ:ACT): Enact Mortgage Insurance Corporation (EMIC) and Enact Mortgage Insurance Corporation of North Carolina (EMIC-NC) (collectively referred to as the Enact U.S.-domiciled companies). Both operating companies are domiciled in Raleigh, N.C. AM Best also has revised the outlook to positive from stable and affirmed the Long-Term ICR of "bbb-" (Good) of EHI. In addition, AM Best has affirmed the FSR of A- (Exc

Genworth Financial, Inc. (NYSE:GNW) today announced that Moody's Ratings (Moody's) has upgraded the Genworth Holdings, Inc. backed senior unsecured debt rating to Baa3 from Ba1, signifying a one-notch upgrade. The outlook for the rating is stable. "We are pleased with this upgrade from Moody's, as it recognizes the continued progress we've made to strengthen our financial position and execute on our strategic objectives, as well as the strong value of our approximately 81% ownership of Enact," said Jerome Upton, Executive Vice President and Chief Financial Officer. "We remain focused on delivering value for our shareholders as we position the company for long-term success." The Insurer

SCHEDULE 13G - GENWORTH FINANCIAL INC (0001276520) (Subject)

10-Q - GENWORTH FINANCIAL INC (0001276520) (Filer)

8-K - GENWORTH FINANCIAL INC (0001276520) (Filer)

4 - GENWORTH FINANCIAL INC (0001276520) (Issuer)

4 - GENWORTH FINANCIAL INC (0001276520) (Issuer)

4 - GENWORTH FINANCIAL INC (0001276520) (Issuer)

Strategic Highlights Favorable ruling for AXA in the UK Payment Protection Insurance Case; Genworth to share in funds that AXA recovers Delivered 804 matches1 with providers in the CareScout Quality Network in the quarter with over 90% home care coverage of the aged 65-plus census population in the United States Launched Care Plans, a fee-based service helping consumers evaluate long-term care needs and find caregivers, growing the CareScout product suite Repurchased $30M shares in the quarter; $620M since program inception Continued progress on the LTC2 multi-year rate action plan with $41M of gross incremental premium approvals; approximately $31.6B estimated net present va

Genworth Financial, Inc. (NYSE:GNW) today announced it will issue its earnings release containing second quarter results after the market closes on July 30, 2025. A conference call will be held on July 31, 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 July 31 conference call is 888-208-1820 or 323-794-2110 (outside the U.S.); conference ID #8808137. To participate in the cal

Strategic Highlights Executed $45M in share repurchases at an average price of $6.91 per share; $590M program-to-date through March 31, 2025 at an average price of $5.73 per share Continued progress on the LTC1 multi-year rate action plan with $24M of gross incremental premium approvals; approximately $31.3B estimated net present value achieved since 2012 from in-force rate actions (IFAs) Strong progress made towards the expansion of the CareScout Quality Network, growing coverage to 90% of the aged 65-plus census population in the United States and delivered 576 matches in the first quarter Financial Highlights Net income2 of $54M, or $0.13 per diluted share, and adjusted operati

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