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Genworth Financial GNW Life insurance — Deferred Policy Acquisition Costs, Amortization Expense

Other product segments

Fixed annuities
$2M0.0%
Variable annuities
$2M-33.3%

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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$3.72B+10.4%
Enterprise value$3.23B+4.5%
P/E17.5×-0.2×
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:DeferredPolicyAcquisitionCostAmortizationExpense.

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)Long-term careinsuranceLifeinsuranceFixedannuitiesVariableannuitiesTotal
Balance as of January 1$769$694$30$71$1,564
Costs deferred
Amortization(25)(55)(4)(5)(89)
Balance as of June 30$744$639$26$661,475
Enact segment22
Total deferred acquisition costs$1,497

Item 1. Financial Statements

FAQ

What is Genworth Financial's life insurance — deferred policy acquisition costs, amortization expense?
Genworth Financial (GNW) reported life insurance — deferred policy acquisition costs, amortization expense of $27M in Q2 2026.
How has Genworth Financial's life insurance — deferred policy acquisition costs, amortization expense changed year-over-year?
Genworth Financial's life insurance — deferred policy acquisition costs, amortization expense decreased by 10.0% year-over-year, from $30M to $27M.
What is the long-term trend for Genworth Financial's life insurance — deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), Genworth Financial's life insurance — deferred policy acquisition costs, amortization expense has grown at a -15.4% compound annual growth rate (CAGR), from $230M to $118M.
What does life insurance — deferred policy acquisition costs, amortization expense mean?
This represents the periodic charge to the income statement resulting from the systematic allocation of previously deferred acquisition costs. It reflects the consumption of the asset created by initial policy acquisition efforts over the expected duration of the insurance policies.

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