---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-200571"
form_type: "8-K"
ticker: "GNW"
cik: "0001276520"
company_name: "GENWORTH FINANCIAL INC"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:08:36.431902+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genworth subsidiary Enact posts Q2 net income $168M, record insurance-in-force $258B

## Summary
- GAAP net income $168M ($1.04 diluted EPS); adjusted operating income $178M ($1.10).
- Record primary IIF $258B (+9% YoY); NIW $15B (+15% QoQ, -14% YoY).
- Capital return target raised to $300M for 2023; new $100M buyback authorized; dividend increased to $0.16.
- Launched Enact Re (Bermuda) with $250M; Fitch upgraded EMICO to A- and Enact debt to BBB-.
- Delinquency rate improved to 1.86% (from 1.93%); loss ratio -2% due to $63M reserve release.

## SEC filing metadata
- accession: 0001193125-23-200571
- form_type: 8-K
- ticker: GNW
- cik: 0001276520
- company_name: GENWORTH FINANCIAL INC
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1276520/000119312523200571/0001193125-23-200571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1276520/000119312523200571/d535770d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-200571
- JSON: https://secwatch.observer/filing/0001193125-23-200571.json
- Plain text: https://secwatch.observer/filing/0001193125-23-200571.txt

## Key facts
- Earnings Releases
  GENWORTH FINANCIAL INC reported quarter ended June 30, 2023 results: revenue $ 239, net income $ 168, EPS $ 1.04. Guidance raised.
  - Period: quarter ended June 30, 2023
  - Revenue: $ 239
  - Net income: $ 168
  - EPS: $ 1.04
  - Guidance: raised
  - Result: reported results
  source text: (In millions, except per share data or otherwise noted) 2Q23 1Q23 2Q22 Net Income (loss) $ 168 $ 176 $ 205 Diluted Net Income (loss) per share $ 1.04 $ 1.08 $ 1.25 Adjusted Operating Income (loss) $ 178 $ 176 $ 205 Adj. Diluted Operating Income (loss) per share $ 1.10 $ 1.08 $ 1.26 NIW ($B) $ 15 $ 13 $ 17 Primary IIF ($B) $ 258 $ 253 $ 238 Persistency 84 % 85 % 80 % Net Premiums Earned $ 239 $ 235 $ 237
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276520/000119312523200571/0001193125-23-200571-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.