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Genworth Financial GNW Variable annuities — Policyholder Account Balance, Benefit Payment

Other product segments

Fixed annuities
$69M-13.8%
Life insurance
$31M-73.0%

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$145M

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:PolicyholderAccountBalanceBenefitPayment.

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)LifeinsuranceFixedannuitiesVariableannuities
Premiums received21597
Policy charges(283)(2)(3)
Surrenders and withdrawals(58)(151)(20)
Benefit payments(65)(133)(24)
Net transfers from (to) separate accounts4
Interest credited148562
Other21413
Ending balance as of June 30$6,952$3,071$399

Item 1. Financial Statements

FAQ

What is Genworth Financial's variable annuities — policyholder account balance, benefit payment?
Genworth Financial (GNW) reported variable annuities — policyholder account balance, benefit payment of $12M in Q2 2026.
How has Genworth Financial's variable annuities — policyholder account balance, benefit payment changed year-over-year?
Genworth Financial's variable annuities — policyholder account balance, benefit payment decreased by 29.4% year-over-year, from $17M to $12M.
What is the long-term trend for Genworth Financial's variable annuities — policyholder account balance, benefit payment?
Over 3 years (2021 to 2025), Genworth Financial's variable annuities — policyholder account balance, benefit payment has grown at a 1.1% compound annual growth rate (CAGR), from $58M to $60M.
What does variable annuities — policyholder account balance, benefit payment mean?
This metric represents the total cash outflows paid to policyholders or beneficiaries under variable annuity contracts during the reporting period. It reflects the realization of insurance obligations, such as death benefits or living benefit guarantees, which directly impacts the segment's liquidity and reserve requirements.

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