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In June 2009, Genworth MI Canada, its Canadian mortgage insurance subsidiary, completed an initial public offering on the Toronto Stock Exchange, raising $850 million. [21] [22] [23] In June 2011, the company sold Continental Life Insurance, which provided Medigap insurance policies, to Aetna for $290 million. [24] [25] [26] [27]
Both said a third-party vendor, PBI Research Services, was affected in a data theft hack, providing a path for the hackers to then steal customer data. Calpers said on June 6, 2023, PBI told them ...
A.M. Best downgraded ratings of life insurance subsidiaries of Genworth Financial but affirmed ratings of Genworth Financial with stable outlook.
Genworth's share of Enact's book value, including AOCI, has increased to $3.9 billion at the end of the second quarter of 2024, while at the same time Enact has delivered significant capital ...
Genworth MI Canada Inc. (TSE:MIC), operating in the financial services industry based in Canada, had a relatively...
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Genworth's share of Enact's book value, including AOCI, has increased to $4.1 billion at the end of the third quarter of 2024 and up from $3.8 billion at year-end 2023, while at the same time ...
The deal was further delayed in July 2019 as Genworth tried to find a buyer for its Canadian subsidiary Genworth MI Canada Inc. [5] On April 6, 2021, the proposed merger was terminated by Genworth Financial due to Oceanwide Holdings' inability to close on the acquisition within a reasonable time frame. [6]