Genworth Discloses U.S. Life Insurance Companies Statutory Cash Flow Testing and Resulting Margins For 2019
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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US:NYSE Investor Relations:
genworth.com/corporate/investors.html
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Source: PR Newswire
RICHMOND, Va., Feb. 27, 2020 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) announced today its statutory capital and cash flow testing (CFT) results for its U.S. life insurance companies for the year ended December 31, 2019. Additional financial information for the year ended December 31, 2019 will be included in the various legal entity statutory annual statements and Genworth's upcoming Annual Report on Form 10-K to be filed with the Securities and Exchange Commission. The statutory capital and CFT results include:The aggregated CFT results for Genworth Life Insurance Company (GLIC) resulted in a positive margin of approximately $0.8 billion, including approximately $2.3 billion of provisions for adverse deviation (PADs). The 2019 margin results declined by approximately $0.7 billion reflecting the impact from emerging incidence experience on newer long-term care insurance blocks and an unfavorable calibration to reflect recent benefit utilization experience, partially offse
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GNW
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/29/24 - Form 13F-HR
- GNW's page on the SEC website