Genworth adopts LDTI accounting, restates prior periods in financial supplement

GENWORTH FINANCIAL INC

Adopted new LDTI accounting guidance effective Jan 1, 2023, applied as of Jan 1, 2021 transition date.
Unaudited quarterly financial supplement for periods from 2021 to Q1 2023 re-presented for LDTI is furnished.
Final audited results may differ materially from the furnished supplement; no specific numbers provided in filing.
Affects long-term care, life insurance, and annuity products.

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