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Genworth Financial Announces Fourth Quarter 2020 Results


Genworth Financial Announces Fourth Quarter 2020 Results
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RICHMOND, Va., Feb. 16, 2021 /PRNewswire/
Fourth Quarter Net Income Of $267 Million And Adjusted Operating Income Of $173 Million; 2020 Full Year Net Income Of $178 Million And Adjusted Operating Income Of $317 Million
U.S. Mortgage Insurance (MI) 2020 Full Year Adjusted Operating Income Of $381 Million; Record New Insurance Written (NIW)
U.S. MI s PMIERs
Annual U.S. GAAP Assumption Review Completed For U.S. Life Insurance:
Net Favorable Impacts Of $13 Million After-Tax In Long Term Care Insurance (LTC) And $10 Million After-Tax In Life Insurance
LTC Active Life U.S. GAAP Margins Of Approximately $0.5 To $1.0 Billion, Consistent With Prior Year ....

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