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Genworth Financial (GNW) Q2 2024 Earnings Call Transcript

The Motley Fool

Our LTC segment reported an adjusted operating loss of $29 million in the second quarter, driven by a liability remeasurement loss. billion in approvals on a net present value basis since 2012. We also expect a liability remeasurement loss from actual-to-expected experience for the full year.

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Genworth Financial (GNW) Q1 2024 Earnings Call Transcript

The Motley Fool

This brings our cumulative progress to approximately $28 billion in approvals on a net present value basis since 2012. As we work through designing and pricing our new LTC insurance products and its related assumptions, we are leveraging our unparalleled experience in paying over 370,000 LTC claims.

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Ivanhoé Cambridge’s Real Estate Binge Heading Towards a Reckoning?

Pension Pulse

percent stake in 1411 Broadway, which it acquired in 2012 for more than $360 million. Brotschol said that at about 50 percent loan-to-value, the mortgage was conservatively leveraged. Assets and liabilities Ivanhoé Cambridge got its start in the 1950s when Montreal grocer Sam Steinberg started buying up local shopping centers.

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Genworth Financial (GNW) Q3 2023 Earnings Call Transcript

The Motley Fool

LTC had an adjusted operating loss of 71 million, driven by a liability remeasurement loss under LDTI. This brings our cumulative progress to approximately 25 billion and approvals on a net present value basis since 2012. Enact again had a very strong quarter with adjusted operating income of 134 million to Genworth.

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Chart of the Month: December 2022

Cobalt

Key Takeaways: The most obvious takeaway from this chart is the consistent upward net asset value (NAV) growth from 2012 to 2022. FactSet does not endorse or recommend any investments and assumes no liability for any consequence relating directly or indirectly to any action or inaction taken based on the information contained in this article.

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Genworth Financial (GNW) Q4 2023 Earnings Call Transcript

The Motley Fool

They operate as a closed system, leveraging existing reserves and capital, current premiums, as well as future new premiums under the LTC MYRAP plan to cover future claims and other obligations. Our second strategic priority is to leverage Genworth's LTC expertise to develop new, innovative aging services and solutions.

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Phillips 66 (PSX) Q1 2024 Earnings Call Transcript

The Motley Fool

Recently, we announced a 10% increase in our quarterly dividend, contributing to a 16% compound annual growth rate since 2012. The project leverages existing assets and is expected to generate strong returns. In terms of balance sheet and leverage levels, we are above our targeted range, so 25% to 30% target range.

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