Genworth Financial Inc. (NYSE:GNW) announced its first-quarter financial results for 2026, reporting a net income of $47 million. The company achieved an adjusted operating income of $109 million, excluding its closed block of legacy insurance products. A significant contributor to this performance was its subsidiary Enact, which generated $140 million in adjusted operating income and provided $99 million in total capital returns to Genworth. Genworth is strategically focusing on growth through its Care Scout initiative, aiming for $25 million in service revenues for 2026 by expanding its network with senior living communities. The company has also emphasized its commitment to returning capital to shareholders, having repurchased $66 million worth of shares in Q1 and planning to allocate $195-$225 million for repurchases throughout 2026. With a strong liquidity position of $166 million in cash and liquid assets, Genworth is well-positioned to navigate the current macroeconomic environment while continuing to manage its closed block of legacy insurance products effectively.