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Dec 31, 2021
Genworth Q4 2021 Earnings Report
Genworth reported strong operating performance with significant progress against its strategic priorities.
Key Takeaways
Genworth Financial reported a net income of $163 million and an adjusted operating income of $164 million for the fourth quarter of 2021. The company made significant progress in reducing debt, stabilizing the long term care insurance business, and advancing long-term care growth initiatives.
Net income available to Genworth’s common stockholders was $163 million.
Adjusted operating income was $164 million.
Enact segment adjusted operating income was $125 million.
U.S. Life Insurance segment adjusted operating income was $41 million, driven by long term care insurance (LTC) results.
Forward Guidance
Genworth did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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