Genworth Financial GNW Life insurance — Flooring adjustments
Other financials
Where this comes from
Reported directly by Genworth Financial in its filing.
Tagged under the XBRL concept gnw:FlooringAdjustmentsOnNetLiabilityForFuturePolicyBenefits.
The official record: Genworth Financial’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
Questions, answered.
- What is Genworth Financial's life insurance — flooring adjustments?
- Genworth Financial (GNW) reported life insurance — flooring adjustments of $606M in Q1 2026.
- How has Genworth Financial's life insurance — flooring adjustments changed year-over-year?
- Genworth Financial's life insurance — flooring adjustments increased by 9.4% year-over-year, from $554M to $606M.
- What is the long-term trend for Genworth Financial's life insurance — flooring adjustments?
- Over 2 years (2023 to 2025), Genworth Financial's life insurance — flooring adjustments has grown at a 17.2% compound annual growth rate (CAGR), from $1.71B to $2.35B.
- What does life insurance — flooring adjustments mean?
- Reflects adjustments applied to the net liability for future policy benefits to ensure the liability does not fall below a specified floor. This mechanism prevents the understatement of reserves in scenarios where actuarial assumptions might otherwise result in a negative net liability. It serves as a conservative buffer in the valuation of long-term insurance obligations.