Genworth Financial Announces Third Quarter 2026 Results
Business Wire•04/11/2026•16:15 ET
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Key Highlights
- ➤Net loss $41M; adjusted operating income excluding Closed Block $102M
- ➤Enact reported adjusted operating income of $132M in Q3
- ➤Enact returned $122M to Genworth during the quarter
- ➤New $500M share repurchase authorization announced
- ➤Closed Block adjusted operating loss widened to $146M
Expert Statements
Tom McInerney, President & CEO of Genworth Financial
“Genworth executed with discipline in the third quarter as we advanced progress against each of our three strategic priorities. Enact’s significant capital returns supported our balanced approach to capital allocation, we expanded CareScout’s reach, and we continued to strengthen the self-sustainability of our Closed Block. As we continue to execute our strategy, we will be well positioned to drive sustainable long-term growth and deliver long-term value to shareholders.”
Strong capital returns from Enact, with $122M received in the quarter
* Repurchased $80M of shares in the quarter; $998M since inception through September 30, 2026; announced new $500M share repurchase authorization
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