Genworth Financial GNW Long- term care 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 long- term care insurance — flooring adjustments?
- Genworth Financial (GNW) reported long- term care insurance — flooring adjustments of $2M in Q1 2026.
- What does long- term care insurance — flooring adjustments mean?
- This metric captures adjustments made to the liability for future policy benefits to ensure that the carrying value does not fall below a specified floor, often mandated by accounting standards or internal risk management policies. It reflects a conservative approach to reserve valuation for long-term care products. Investors track this to understand the impact of valuation constraints on the reported liability balance.