Enact's Strong Performance
Enact contributed $137 million in adjusted operating income to Genworth, maintaining a strong capital and liquidity position with a 165% PMIER sufficiency ratio.
CareScout Expansion
CareScout saw a tenfold increase in matches from 52 in Q1 2024 to 576 in Q1 2025, and expanded its provider network to nearly 550 providers, achieving a 90% coverage level for the 65-plus age group.
Shareholder Returns and Capital Management
Genworth repurchased $55 million worth of shares year-to-date through April and received $76 million in capital returns from Enact in Q1 2025.
Successful Rate Action Program
Achieved $24 million in gross incremental premium approvals with an average increase of 28% in Q1 2025, contributing to a total of $31.3 billion in net present value since 2012.