Genworth Financial GNW Enact — Prior Year Claims and Claims Adjustment Expense

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FAQ

What is Genworth Financial's enact — prior year claims and claims adjustment expense?

Genworth Financial (GNW) reported enact — prior year claims and claims adjustment expense of -$37M in Q2 2026.

How has Genworth Financial's enact — prior year claims and claims adjustment expense changed year-over-year?

Genworth Financial's enact — prior year claims and claims adjustment expense increased by 22.9% year-over-year, from -$48M to -$37M.

What is the long-term trend for Genworth Financial's enact — prior year claims and claims adjustment expense?

Over 3 years (2022 to 2025), Genworth Financial's enact — prior year claims and claims adjustment expense has grown at a -12.0% compound annual growth rate (CAGR), from $293M to -$200M.

What does enact — prior year claims and claims adjustment expense mean?

Reflects the impact of favorable or unfavorable development on claims reserves established in previous reporting periods. This metric provides insight into the accuracy of historical actuarial estimates and the volatility of the underwriting process.