Genworth Financial GNW Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Closed Block | $1.48B— | —— | —— | —— | $1.44B-4.3% | |
| Enact | $318M+1.0% | $315M+0.3% | $314M+0.6% | $312M+0.6% | $310M+0.3% | |
| Adjusted operating income (loss) attributable to noncontrolling interests by Business | ||||||
| Closed Block | $0— | —— | —— | —— | $0— | |
| Enact | $33M0.0% | $33M+6.5% | $31M-6.1% | $33M+3.1% | $32M+3.2% | |
| Operating Income (Loss) by Business | ||||||
| Closed Block | -$32M— | —— | —— | —— | -$63M-17.8% | |
| Enact | $140M-4.1% | $146M+9.0% | $134M-5.0% | $141M+2.9% | $137M0.0% | |
| Net investment income by Business | ||||||
| Closed Block | $691M— | —— | —— | —— | $671M-7.4% | |
| Enact | $72M+4.3% | $69M+1.5% | $68M+3.0% | $66M+4.8% | $63M+1.6% | |
| Policy fees and other income by Business | ||||||
| Closed Block | $150M— | —— | —— | —— | $156M-2.2% | |
| Enact | $3M+200% | $1M0.0% | $1M0.0% | $1M-50.0% | $2M+100% | |
| Provision (benefit) for income taxes by Business | ||||||
| Closed Block | -$3M— | —— | —— | —— | -$9M-50.0% | |
| Enact | $47M+2.2% | $46M-4.2% | $48M+2.1% | $47M0.0% | $47M-2.1% | |
| Total Assets by Business | ||||||
| Closed Block | $78.47B-1.4% | $79.62B— | —— | —— | —— | |
| Enact | $6.97B+1.0% | $6.9B+0.3% | $6.88B+1.4% | $6.78B+0.7% | $6.73B+3.2% | |
| Actual variances from expected experience by Business | ||||||
| Closed Block | $36M— | —— | —— | —— | $5M-89.7% | |
| Enact | $0— | $0— | $0— | $0— | $0— | |
| Benefits and other changes in policy reserves by Business | ||||||
| Closed Block | $1.19B— | —— | —— | —— | $1.19B+0.3% | |
| Enact | $37M+106% | $18M-50.0% | $36M+44.0% | $25M-19.4% | $31M+29.2% | |
| Cash flow assumption updates by Business | ||||||
| Closed Block | $8M— | —— | —— | —— | -$1M+90.5% | |
| Enact | $0— | $0— | $0— | $0— | $0— | |
| Interest Expense by Business | ||||||
| Closed Block | $0— | —— | —— | —— | $0— | |
| Enact | $12M-7.7% | $13M0.0% | $13M+8.3% | $12M0.0% | $12M0.0% | |
| Liability for policy and contract claims by Business | ||||||
| Closed Block | $146M-2.0% | $149M— | —— | —— | —— | |
| Enact | $590M+3.1% | $572M0.0% | $572M+3.6% | $552M+1.7% | $543M+3.4% | |
| Other segment expenses by Business | ||||||
| Closed Block | $228M— | —— | —— | —— | $265M-7.0% | |
| Enact | $47M-17.5% | $57M+14.0% | $50M-2.0% | $51M+4.1% | $49M-9.3% | |
| Premiums by Business | ||||||
| Closed Block | $636M— | —— | —— | —— | $615M-1.2% | |
| Enact | $243M-0.8% | $245M0.0% | $245M0.0% | $245M0.0% | $245M-0.4% | |
| Market risk benefit assets by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Variable annuities | $55M-14.1% | $64M+3.2% | $62M+6.9% | $58M+23.4% | $47M-17.5% | |
| Policyholder account balance by Product | ||||||
| Additional Insurance Liabilities | $2.99B+0.2% | $2.99B0.0% | $2.99B— | —— | —— | |
| Fixed annuities | $3.17B-3.2% | $3.28B-3.5% | $3.4B-3.5% | $3.52B-3.7% | $3.66B-3.5% | |
| Funding agreements | $167M— | $0— | —— | —— | —— | |
| Life insurance | $6.97B-0.3% | $6.99B-0.9% | $7.05B-0.3% | $7.08B-2.1% | $7.23B-0.1% | |
| Other | $14M0.0% | $14M+7.7% | $13M— | —— | —— | |
| Variable annuities | $411M-2.1% | $420M-2.6% | $431M-2.7% | $443M-2.2% | $453M-3.0% | |
| Cash surrender value by Product | ||||||
| Fixed annuities | $2.4B-3.7% | $2.49B-3.7% | $2.59B-3.8% | $2.69B-4.0% | $2.8B-3.8% | |
| Life insurance | $3.98B-1.0% | $4.02B-0.7% | $4.05B+0.4% | $4.04B-3.5% | $4.18B-0.3% | |
| Variable annuities | $411M-2.1% | $420M-2.6% | $431M-2.7% | $443M-2.2% | $453M-3.0% | |
| Interest credited by Product | ||||||
| Fixed annuities | $28M-9.7% | $31M+3.3% | $30M-6.3% | $32M0.0% | $32M-8.6% | |
| Life insurance | $74M-1.3% | $75M0.0% | $75M+4.2% | $72M-4.0% | $75M-2.6% | |
| Variable annuities | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | |
| Issuances by Product | ||||||
| Fixed annuities | $9M-10.0% | $10M+25.0% | $8M-11.1% | $9M-18.2% | $11M+10.0% | |
| Life insurance | $0— | $0— | $0— | $0— | $0— | |
| Variable annuities | $0— | $0— | $0— | $0— | $0— | |
| Net amount at risk by Product | ||||||
| Fixed annuities | $32M-5.9% | $34M+17.2% | $29M0.0% | $29M0.0% | $29M+11.5% | |
| Life insurance | $39.2B-1.3% | $39.71B-1.2% | $40.2B-0.9% | $40.58B-1.1% | $41.03B-0.8% | |
| Variable annuities | $365M+3.1% | $354M-2.5% | $363M-4.7% | $381M-9.7% | $422M+9.3% | |
| Net transfers from (to) separate accounts by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | —— | —— | |
| Life insurance | $0— | $0— | $0— | —— | —— | |
| Variable annuities | $2M+300% | $500K0.0% | $500K0.0% | $500K0.0% | $500K-83.3% | |
| Other by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $0— | $0-100% | $1M— | $0— | $0— | |
| Variable annuities | $7M-30.0% | $10M-9.1% | $11M+10.0% | $10M-16.7% | $12M+33.3% | |
| Policyholder Account Balance, Benefit Payment by Product | ||||||
| Fixed annuities | $64M-9.9% | $71M-4.1% | $74M-7.5% | $80M+1.3% | $79M-6.0% | |
| Life insurance | $34M-33.3% | $51M+37.8% | $37M-67.8% | $115M+188% | $40M+14.3% | |
| Variable annuities | $12M-25.0% | $16M+33.3% | $12M-29.4% | $17M+13.3% | $15M+36.4% | |
| Policyholder Account Balance, Policy Charge by Product | ||||||
| Fixed annuities | $1M0.0% | $1M-50.0% | $2M+100% | $1M0.0% | $1M-50.0% | |
| Life insurance | $142M0.0% | $142M-2.1% | $145M-1.4% | $147M-0.7% | $148M+0.7% | |
| Variable annuities | $1M0.0% | $1M0.0% | $1M-50.0% | $2M+100% | $1M-50.0% | |
| Policyholder Account Balance, Surrender and Withdrawal by Product | ||||||
| Fixed annuities | $80M-12.1% | $91M+2.2% | $89M-8.2% | $97M+1.0% | $96M-25.6% | |
| Life insurance | $30M+20.0% | $25M-3.8% | $26M-65.8% | $76M+204% | $25M-19.4% | |
| Variable annuities | $10M+11.1% | $9M-35.7% | $14M+100% | $7M-50.0% | $14M0.0% | |
| Premiums received by Product | ||||||
| Fixed annuities | $4M+33.3% | $3M-40.0% | $5M0.0% | $5M+66.7% | $3M-40.0% | |
| Life insurance | $107M0.0% | $107M-1.8% | $109M-6.0% | $116M+0.9% | $115M+4.5% | |
| Variable annuities | $4M0.0% | $4M+33.3% | $3M0.0% | $3M0.0% | $3M0.0% | |
| Weighted-average crediting rate by Product | ||||||
| Fixed annuities | 3%0.0pp | 3%0.0pp | 3%0.0pp | 3%0.0pp | 3%0.0pp | |
| Life insurance | 3.9%0.0pp | 3.9%0.0pp | 3.9%0.0pp | 3.9%0.0pp | 3.9%0.0pp | |
| Variable annuities | 3.3%0.0pp | 3.3%0.0pp | 3.3%0.0pp | 3.3%0.0pp | 3.3%0.0pp | |
| Liability For Future Policy Benefit Expected Future Gross Premium Discounted Before Reinsurance by Product | ||||||
| Fixed Annuity | $0— | $0— | $0— | $0— | $0— | |
| Life Insurance | $5.05B-3.5% | $5.24B-2.4% | $5.37B-0.3% | $5.38B-2.2% | $5.5B-0.9% | |
| Long Term Care Insurance | $22.25B-3.0% | $22.94B-3.9% | $23.88B-0.7% | $24.04B-1.2% | $24.33B-0.4% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Derecognition by Product | ||||||
| Fixed Annuity | $0— | $0— | $0— | $0— | $0— | |
| Life Insurance | $0— | $0— | $0— | $0— | $0— | |
| Long Term Care Insurance | $0— | $0— | $0— | $0— | $0— | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Increase Decrease For Other Change by Product | ||||||
| Fixed Annuity | $2M+300% | -$1M— | —— | —— | $5M— | |
| Life Insurance | $0+100% | -$2M-300% | $1M— | $0— | $0+100% | |
| Long Term Care Insurance | $0— | $0— | $0— | $0— | $0+100% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Interest Expense by Product | ||||||
| Fixed Annuity | $151M-0.7% | $152M-1.3% | $154M-0.6% | $155M-0.6% | $156M-1.3% | |
| Life Insurance | $55M-3.5% | $57M-5.0% | $60M0.0% | $60M-3.2% | $62M-3.1% | |
| Long Term Care Insurance | $818M-0.1% | $819M0.0% | $819M-0.1% | $820M-0.2% | $822M+0.5% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Issuance by Product | ||||||
| Fixed Annuity | $9M+12.5% | $8M+14.3% | $7M-22.2% | $9M-10.0% | $10M+11.1% | |
| Life Insurance | $0— | $0— | $0— | $0— | $0— | |
| Long Term Care Insurance | $0-100% | $1M— | $0— | $0— | $0— | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Undiscounted Before Reinsurance by Product | ||||||
| Fixed Annuity | $21.52B-1.2% | $21.79B-2.0% | $22.24B-1.0% | $22.46B-1.0% | $22.68B-1.1% | |
| Life Insurance | $5.61B-7.1% | $6.04B-2.3% | $6.18B-3.5% | $6.41B-2.9% | $6.6B-2.5% | |
| Long Term Care Insurance | $115.5B-0.7% | $116.32B-2.1% | $118.86B-0.6% | $119.56B-0.8% | $120.48B-0.7% | |
| Liability For Future Policy Benefit Interest Expense by Product | ||||||
| Fixed Annuity | $151M-0.7% | $152M-1.3% | $154M-0.6% | $155M-0.6% | $156M-1.3% | |
| Life Insurance | $8M-20.0% | $10M0.0% | $10M0.0% | $10M-16.7% | $12M-7.7% | |
| Long Term Care Insurance | $611M+0.7% | $607M+0.8% | $602M+0.5% | $599M+0.2% | $598M+0.8% | |
| AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax by Product | ||||||
| Fixed annuities | -$1.03B+17.0% | -$1.24B+9.7% | -$1.38B-214% | $1.21B-0.7% | $1.21B+208% | |
| Life insurance | -$103M+36.8% | -$163M+8.4% | -$178M-221% | $147M+9.7% | $134M+240% | |
| Current discount rate by Product | ||||||
| Fixed annuities | 5.7%+0.2pp | 5.5%+0.1pp | 5.4%-0.1pp | 5.5%0.0pp | 5.5%-0.1pp | |
| Life insurance | 5.1%+0.1pp | 5%+0.1pp | 4.9%-0.2pp | 5.1%-0.1pp | 5.2%-0.1pp | |
| Derecognition (lapses and withdrawals) by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $0— | $0— | $0— | $0— | $0— | |
| Effect of changes in discount rate assumptions by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $42M-59.2% | $103M-21.4% | $131M+50.6% | $87M+3.6% | $84M+68.0% | |
| Expected future benefit payments by Product | ||||||
| Fixed annuities | $10.13B-3.0% | $10.44B-2.5% | $10.71B+0.9% | $10.61B-0.8% | $10.7B0.0% | |
| Life insurance | $4.2B-3.5% | $4.35B-2.2% | $4.45B-2.3% | $4.56B-2.4% | $4.67B-1.6% | |
| Expected future gross premiums by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $8.95B-1.9% | $9.13B-1.9% | $9.31B-1.8% | $9.48B-2.4% | $9.71B-1.9% | |
| Flooring adjustments by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $606M-1.0% | $612M+0.3% | $610M+6.8% | $571M+3.1% | $554M+8.0% | |
| Gross premiums by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $145M+2.1% | $142M-3.4% | $147M-3.9% | $153M-1.3% | $155M0.0% | |
| Interest accretion by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $47M0.0% | $47M-6.0% | $50M0.0% | $50M0.0% | $50M-2.0% | |
| Interest accretion (locked-in) rate by Product | ||||||
| Fixed annuities | 6.8%0.0pp | 6.8%0.0pp | 6.8%0.0pp | 6.8%0.0pp | 6.8%0.0pp | |
| Life insurance | 5.7%0.0pp | 5.7%-0.1pp | 5.8%0.0pp | 5.8%0.0pp | 5.8%0.0pp | |
| Less: reinsurance recoverable by Product | ||||||
| Fixed annuities | $7.84B-2.9% | $8.07B-2.2% | $8.26B+1.4% | $8.14B-0.6% | $8.19B+0.2% | |
| Life insurance | $678M-3.4% | $702M-6.9% | $754M-3.0% | $777M-0.5% | $781M+8.5% | |
| Liability for Future Policy Benefit, after Reinsurance by Product | ||||||
| Fixed annuities | $2.29B-3.3% | $2.36B-3.7% | $2.45B-0.6% | $2.47B-1.4% | $2.5B-0.6% | |
| Life insurance | $738M-3.5% | $765M+5.7% | $724M-4.6% | $759M-1.2% | $768M-9.0% | |
| Liability for Future Policy Benefit, before Reinsurance by Product | ||||||
| Fixed annuities | $10.13B-3.0% | $10.44B-2.5% | $10.71B+0.9% | $10.61B-0.8% | $10.7B0.0% | |
| Life insurance | $1.42B-3.5% | $1.47B-0.7% | $1.48B-3.8% | $1.54B-0.8% | $1.55B-1.0% | |
| Liability for future policy benefit cumulative increase (decrease) of actual variance from expected experience by Product | ||||||
| Fixed annuities | -$28M+44.0% | -$50M— | —— | —— | -$23M— | |
| Life insurance | $20M+100% | $10M— | $0-100% | $6M-64.7% | $17M+183% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment by Product | ||||||
| Fixed annuities | $232M-6.8% | $249M+6.4% | $234M-4.5% | $245M+4.3% | $235M-7.8% | |
| Life insurance | $173M+24.5% | $139M-27.6% | $192M+20.0% | $160M-16.7% | $192M+31.5% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance by Product | ||||||
| Fixed annuities | $9.1B-1.1% | $9.19B-1.5% | $9.33B-0.8% | $9.4B-0.8% | $9.48B-0.9% | |
| Life insurance | $4.1B-2.2% | $4.19B-1.9% | $4.27B-3.1% | $4.41B-2.7% | $4.53B-2.4% | |
| Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $3.39B-3.1% | $3.5B-2.3% | $3.58B-0.2% | $3.59B-2.2% | $3.67B-0.5% | |
| Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected by Product | ||||||
| Fixed annuities | $9M-10.0% | $10M+25.0% | $8M-11.1% | $9M-18.2% | $11M+10.0% | |
| Life insurance | $99M+4.2% | $95M-4.0% | $99M-4.8% | $104M+1.0% | $103M0.0% | |
| Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Cash Flow and Reinsurance by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $3.35B-1.4% | $3.4B-1.6% | $3.45B-1.5% | $3.5B-2.3% | $3.59B-1.5% | |
| Long Duration Term Insurance Contracts Liability For Future Policy Benefits by Product | ||||||
| Fixed annuities | $10.13B-3.0% | $10.44B-2.5% | $10.71B+0.9% | $10.61B-0.8% | $10.7B0.0% | |
| Life insurance | $810M-5.3% | $855M-1.5% | $868M-10.1% | $965M-3.0% | $995M-5.3% | |
| Market Risk Benefit, after Increase (Decrease) from Instrument-Specific Credit Risk by Product | ||||||
| Fixed annuities | $53M+1.9% | $52M-5.5% | $55M+3.8% | $53M-5.4% | $56M+16.7% | |
| Variable annuities | $315M+6.1% | $297M-4.8% | $312M-8.8% | $342M-17.2% | $413M+14.7% | |
| Market risk benefit liabilities by Product | ||||||
| Fixed annuities | $53M+1.9% | $52M-5.5% | $55M+3.8% | $53M-5.4% | $56M+16.7% | |
| Variable annuities | $370M+2.5% | $361M-3.5% | $374M-6.5% | $400M-13.0% | $460M+10.3% | |
| Net market risk benefit, measurement input by Product | ||||||
| Fixed annuities | $10.0% | $1— | —— | —— | —— | |
| Variable annuities | $0.90.0% | $0.9— | —— | —— | —— | |
| Policyholder Account Balance Increase Decrease From Other Change by Product | ||||||
| Fixed Annuity | $8M-20.0% | $10M+42.9% | $7M+16.7% | $6M-14.3% | $7M-30.0% | |
| Life Insurance | $2M+108% | -$25M-933% | $3M+400% | -$1M-107% | $14M+164% | |
| Policyholder Account Balance Issuance by Product | ||||||
| Fixed Annuity | $0— | $0— | $0— | $0— | $0— | |
| Life Insurance | $0— | $0— | $0— | $0— | $0— | |
| Commercial mortgage loans by Geography | ||||||
| East North Central | $443M+4.5% | $424M-1.4% | $430M— | —— | —— | |
| East South Central | $200M-1.0% | $202M+4.1% | $194M— | —— | —— | |
| Middle Atlantic | $843M-0.2% | $845M0.0% | $845M— | —— | —— | |
| Mountain | $1.01B+1.5% | $997M+1.1% | $986M— | —— | —— | |
| New England | $148M-2.6% | $152M-3.2% | $157M— | —— | —— | |
| Pacific | $1.14B-2.7% | $1.17B-0.4% | $1.17B— | —— | —— | |
| South Atlantic | $1.74B+0.5% | $1.73B+0.4% | $1.73B— | —— | —— | |
| West North Central | $332M-2.1% | $339M-0.9% | $342M— | —— | —— | |
| West South Central | $496M-1.6% | $504M-3.4% | $522M— | —— | —— | |
| % of total by Geography | ||||||
| East North Central | 7%0.0pp | 7%0.0pp | 7%+1.0pp | 6%-1.0pp | 7%0.0pp | |
| East South Central | 3%0.0pp | 3%0.0pp | 3%0.0pp | 3%0.0pp | 3%0.0pp | |
| Middle Atlantic | 13%0.0pp | 13%0.0pp | 13%-1.0pp | 14%+1.0pp | 13%0.0pp | |
| Mountain | 16%0.0pp | 16%0.0pp | 16%0.0pp | 16%0.0pp | 16%+1.0pp | |
| New England | 2%0.0pp | 2%0.0pp | 2%0.0pp | 2%-1.0pp | 3%0.0pp | |
| Pacific | 18%-1.0pp | 19%0.0pp | 19%+1.0pp | 18%0.0pp | 18%0.0pp | |
| South Atlantic | 28%+1.0pp | 27%0.0pp | 27%-1.0pp | 28%+1.0pp | 27%0.0pp | |
| West North Central | 5%0.0pp | 5%0.0pp | 5%0.0pp | 5%0.0pp | 5%-1.0pp | |
| West South Central | 8%0.0pp | 8%0.0pp | 8%0.0pp | 8%0.0pp | 8%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Genworth Financial break its business down?
- Genworth Financial (GNW) reports insurance services revenue by business across 2 parts — Closed Block and Enact segment. Each is extracted from the segment footnotes and tracked over time.
- Where does Genworth Financial's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Genworth Financial's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.