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Genworth Financial GNW Closed Block — Cash flow assumption updates

Similar metrics at other companies

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UNMClosed Block — Reserve Assumption Updates
-$160.13M-465%
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JXNClosed Block Annuity — Effect of changes in cash flow assumptions
$0
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JXNClosed Block Life — Effect of changes in cash flow assumptions
$0
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UNMClosed Block — Commissions
$14.5M-9.4%
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UNMClosed Block — Issuances
$19.3M-13.8%
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UNMClosed Block — Other
$1.39B-4.6%

Other financials

Income statement

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Revenue$1.9B+5.8%
Net income$47.0M-7.8%
EPS (diluted)$0.120.0%

Balance sheet

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Cash & equivalents$2.0B+10.5%
Total debt$1.5B-1.3%
Total equity$8.7B-0.7%
Total assets$87.4B0.0%

Cash flow

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Operating cash flow$52.0M+767%

Valuation

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Market cap$3.71B+8.4%
Enterprise value$3.23B+2.5%
P/E17.5×-0.5×
P/S0.5×0.0×

Profitability

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Net margin2.9%+0.2pp

Returns & leverage

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Return on equity2.4%+0.2pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Genworth Financial in its filing.

Tagged under the XBRL concept gnw:CashFlowAssumptionUpdates.

The source filing: Genworth Financial’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054344
(Amounts in millions)2026 / Enact2026 / Closed Block2025 / Enact2025 / Closed Block
3191,5353121,505
Less:
Benefits and other changes in policy reserves (1)331,202251,171
Cash flow assumption updates (1)58
Actual variances from expected experience (1)12752
Amortization of deferred acquisition costs and intangibles (1)249353
Interest expense (2)1312
Other segment expenses (2), (3)4928651269

Item 1. Financial Statements

FAQ

What is Genworth Financial's closed block — cash flow assumption updates?
Genworth Financial (GNW) reported closed block — cash flow assumption updates of $5M in Q2 2026.
How has Genworth Financial's closed block — cash flow assumption updates changed year-over-year?
Genworth Financial's closed block — cash flow assumption updates decreased by 37.5% year-over-year, from $8M to $5M.
What does closed block — cash flow assumption updates mean?
This represents the financial impact of revising actuarial assumptions regarding future cash flows, such as mortality, morbidity, or lapse rates. These updates reflect changes in the expected long-term performance of the closed block and can lead to significant reserve adjustments.

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