---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-223912"
form_type: "8-K/A"
ticker: "GNW"
cik: "0001276520"
company_name: "GENWORTH FINANCIAL INC"
filed_at: "2023-08-29T23:59:59+00:00"
generated_at: "2026-06-11T02:15:36.998590+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Genworth corrects LTC insurance liability measurement under LDTI; restates prior periods

## Summary
- Corrected measurement of liability for future policy benefits for LTC insurance to include settlement payment cash flow assumptions under LDTI.
- Restated quarterly financial supplement for Q1 2023 and prior quarters back to 2021 due to the correction.
- Actual settlement payments will be reflected in benefits and reserve changes; assumption changes in liability remeasurement gains/losses.
- Attorney fees accrued at court settlement, recognized in acquisition and operating expenses.
- Final audited results may differ materially from these unaudited restatements.

## SEC filing metadata
- accession: 0001193125-23-223912
- form_type: 8-K/A
- ticker: GNW
- cik: 0001276520
- company_name: GENWORTH FINANCIAL INC
- filed_at: 2023-08-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1276520/000119312523223912/0001193125-23-223912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1276520/000119312523223912/d491979d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-223912
- JSON: https://secwatch.observer/filing/0001193125-23-223912.json
- Plain text: https://secwatch.observer/filing/0001193125-23-223912.txt

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