Genworth's Q1 2026: Enact's Profit, CareScout's Growth, & Closed Block's NPV

Genworth Financials Q1 2026 earnings showcase a robust performance, with net income of $47 million and adjusted operating income of $109 million. The company is now separating closed block results to highlight core operations, led by Enacts impressive $140 million adjusted operating income and CareScouts growing aging care platform. Enact returned $99 million in capital to Genworth, enabling $875 million in share repurchases. CareScout expanded its Quality Network to cover 97% of seniors, aiming for 7,500 matches and $25 million in service revenue. The closed block remains self-sustaining, with premium approvals reaching $5 million in Q1 and $45 million in Q2. Genworth anticipates $405-$450 million from Enact and $195-$225 million in buybacks in 2026, focusing on sustainable growth amidst market changes. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/888c2c8d0a5a589b