Genworth Financial (GNW) Life insurance — Derecognition (lapses and withdrawals)

Screener

Other product segments

Fixed annuities

$0—

Similar metrics at other companies

CIADomestic Insurance Segment — Derecognition and other

-$2.38M-18.3%

CIAInternational Insurance Segment — Derecognition and other

$46K—

CIAPermanent — Derecognition and other

-$2.38M-17.5%

CIAPermanent Limited Pay — Derecognition and other

$47K+30.6%

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

-$11M-120%

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

$0—

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 life insurance — derecognition (lapses and withdrawals)?: Genworth Financial (GNW) reported life insurance — derecognition (lapses and withdrawals) of $0 in Q2 2026.
What does life insurance — derecognition (lapses and withdrawals) mean?: Measures the reduction in the liability for future policy benefits resulting from policyholders terminating their coverage or withdrawing funds before maturity. High levels of derecognition may indicate competitive pressures or changes in customer retention. Monitoring this trend is essential for assessing the stability and longevity of the insurance block.