GNW Genworth Financial (GNW) Q1 FY26 earnings call
Genworth Financial reported strong Q1 FY26 results driven by ANAC's performance, which continues to fund capital returns and strategic investments in CareScout. The company is refining its reporting to exclude the Closed Block's GAAP volatility, emphasizing its self-sustaining nature while focusing on long-term growth opportunities through CareScout's expanding network and product offerings. Management remains committed to disciplined capital allocation and liability management amidst a dynamic macroeconomic environment.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
GNW operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| CareScout matches CareScout Services | 925The team executed well in the fourth quarter, facilitating 925 matches between LTC policyholders and home care providers in our network.Source: earnings call transcript | ~1,500We facilitated approximately 1,500 matches between care seekers and providers in the first quarter reflecting strong sequential and year-over-year growth.Source: earnings call transcript | ~1,450We facilitated approximately 1,450 matches between care seekers and providers in the second quarter, bringing total matches for the first half of the year to approximately 2,950, over double the number of matches achieved in the first half of 2025.Source: earnings call transcript | — |
| New insurance written Enact | $14BNew insurance written of $14 billion in the quarter increased versus the prior quarter and prior year.Source: earnings call transcript | $13BNew insurance written of $13 billion in the quarter decreased versus the prior quarter, primarily based on seasonal trends but increased versus the prior year as a result of lower interest rates early in the quarter.Source: earnings call transcript | $15BNew insurance written of $15 billion in the quarter was seasonally higher than the prior quarter, an increase versus the prior year as a result of a larger estimated market size.Source: earnings call transcript | +15.4% |
| Primary insurance in-force Enact | $273BPrimary insurance in-force grew slightly year-over-year to $273 billion, supported by both the growth in new insurance written and continued elevated persistency.Source: earnings call transcript | $272BPrimary insurance in force increased year-over-year to $272 billion supported by the growth in new insurance written and continued elevated persistency.Source: earnings call transcript | $274BPrimary insurance in force increased 2% year-over-year to $274 billion, supported by new insurance written and continued elevated persistency.Source: earnings call transcript | +0.7% |
| PMIERs sufficiency ratio Enact | 162%Enact's estimated PMIERs sufficiency ratio remained strong at 162% or approximately $1.9 billion above requirements.Source: earnings call transcript | 162%In Act estimated PMIERs sufficiency ratio remained strong at 162% or approximately $1.9 billion above requirements.Source: earnings call transcript | 161%Enact's estimated PMIERs sufficiency ratio remained strong at 161% or approximately $1.9 billion above requirements.Source: earnings call transcript | -1 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.