Genworth Financial (GNW) Fixed annuities — Derecognition (lapses and withdrawals)

Screener

Other product segments

Life insurance

$0—

Similar metrics at other companies

CIAPermanent — Derecognition and other

-$2.38M-17.5%

CIAPermanent Limited Pay — Derecognition and other

$47K+30.6%

LNCPayout Annuities — Liability for Future Policy Benefit, Expected Net Premium, Derecognition

$0—

CIADomestic Insurance Segment — Derecognition and other

-$2.38M-18.3%

CIAInternational Insurance Segment — Derecognition and other

$46K—

LNCTraditional Life — Liability for Future Policy Benefit, Expected Net Premium, Derecognition

-$11M-120%

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 us-gaap:LiabilityForFuturePolicyBenefitExpectedNetPremiumDerecognition.

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

(Dollar amounts in millions)	Long-termcare insurance	Lifeinsurance	Fixedannuities
Issuances	—	—	18
Interest accretion	412	93	—
Net premiums collected (1)	(929)	(196)	(18)
Derecognition (lapses and withdrawals)	—	—	—
Other	—	—	—
Ending balance, at original discount rate	15,940	3,289	—
Effect of changes in discount rate assumptions	(196)	45	—
Ending balance as of June 30	$15,744	$3,334	—

Item 1. Financial Statements

FAQ

What is Genworth Financial's fixed annuities — derecognition (lapses and withdrawals)?: Genworth Financial (GNW) reported fixed annuities — derecognition (lapses and withdrawals) of $0 in Q2 2026.
What does fixed annuities — derecognition (lapses and withdrawals) mean?: This metric quantifies the reduction in policy liabilities resulting from contract lapses, surrenders, or withdrawals by policyholders. High levels of derecognition may indicate competitive pressures, poor product performance, or changes in customer financial needs. It is a critical measure of policyholder retention and portfolio stability.