our on capital financial Today, key performance morning, our as drivers liquidity an positions. by well good everyone. and segment and Tom, will I highlight strong you, provide as and update Thank
rate cash strong plan, the We on are the and company our at value generated pleased for program. multiyear holding through the shareholders action buyback our with progress position share
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on insurance While growth LTC our value no be it enterprise in investments note Genworth’s our companies view Enact’s GAAP important to future performance and is driven or expect performance our having impact as strong does LTC’s continue CareScout. U.S. cash by we results life losses, that were impacted the shareholder not GAAP value, flows. by through We economics to to alter and
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$XXX Slide long-term value. results and a well will year-over-year turning Primary to drive in-force X% capital and written continued by portfolio to new on shareholder elevated persistency. with insurance growth insurance driven X. is continue and strong create billion, Now Enact’s Enact to to position continue to well-performing positioned increased
results remains PMIERs PMIER strong $XX million XXXX reflects Primarily estimated first Enact half which of Both approximately Slide cures above year respectively, as XXX% favorable The prior on $XX favorable delinquencies, X, $XX and $X primarily prior had cures sufficiency release requirements. million on a at and reserve quarter X%. release shows loss delinquencies. including included through favorable delinquencies. XXXX releases COVID-XX-related ratio reserve well, billion million, or reserve from drove Enact’s negative Enact’s ratio a COVID-XX
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to excess forward, Enact deployment. Going continue Genworth for to flow from returns of generate cash will capital capital enable
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our enhances LTC legal our for insurance senior about Genworth Through I to strategic we to in risk with our stabilize the remains of long-term future policyholder plan continues in continue and increased us mortgage commitments year, proactively deep priorities delivered it to the successful liabilities and and shareholders. to solutions care business three as this to managing return am settlements, performance insurance multiyear shareholders the their legacy our value and The aging and CareScout. benefit legacy utilize innovate in with on to drive from capital first be guidance knowledge positioned the block. the capital the block. very our return the will Enact of new market the well excited and care ability half space enable our we to services Genworth honor rate while care additional action
Now, up questions. let’s for open the line
