GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Genworth Financial Inc (FRA:GGK) » Definitions » Future Policy Benefits

Genworth Financial (FRA:GGK) Future Policy Benefits : €53,468 Mil (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Genworth Financial Future Policy Benefits?

Future Policy Benefits represents an insurance entity's net liability for future benefits (for example, death, cash surrender value) to be paid to or on behalf of policyholders, where the accounting policy describes the bases, methodologies and components of the reserve, and assumptions regarding estimates of expected investment yields, mortality, morbidity, terminations and expenses.

Genworth Financial's quarterly future policy benefits declined from Jun. 2023 (€52,677 Mil) to Sep. 2023 (€49,072 Mil) but then increased from Sep. 2023 (€49,072 Mil) to Dec. 2023 (€53,468 Mil).

Genworth Financial's annual future policy benefits increased from Dec. 2021 (€47,232 Mil) to Dec. 2022 (€52,949 Mil) and increased from Dec. 2022 (€52,949 Mil) to Dec. 2023 (€53,468 Mil).


Genworth Financial Future Policy Benefits Historical Data

The historical data trend for Genworth Financial's Future Policy Benefits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Genworth Financial Future Policy Benefits Chart

Genworth Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Future Policy Benefits
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46,207.80 44,536.78 47,231.57 52,948.96 53,467.52

Genworth Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Future Policy Benefits Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52,948.96 54,380.28 52,676.53 49,071.63 53,467.52

Genworth Financial Future Policy Benefits Calculation

Future Policy Benefits


Genworth Financial (FRA:GGK) Business Description

Traded in Other Exchanges
Address
6620 West Broad Street, Richmond, VA, USA, 23230
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, U.S. Life Insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.

Genworth Financial (FRA:GGK) Headlines

No Headlines