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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]
Genworth sold its tax and accounting financial advising arm this past spring, and management has indicated that these actions are meant to improve the company's capital and financial position.
A.M. Best downgraded ratings of life insurance subsidiaries of Genworth Financial but affirmed ratings of Genworth Financial with stable outlook.
Shares of Genworth Financial have rallied from their post-crisis lows but still trade at a deep discount to book value. In this segment from The Motley Fool's everything-financials show, Where the ...
First Colony Life (FCL) was an American life insurance company based in Lynchburg, Virginia that was acquired in 1996 by GE Financial Assurance (a subsidiary of General Electric), and later became Genworth Life and Annuity Insurance Company, a Genworth Financial company in 2007.
Dihydrolevoglucosenone (Cyrene) is a bicyclic, chiral, seven-membered heterocyclic cycloalkanone which is a waste derived and fully biodegradable aprotic dipolar solvent. [4] [5] [6] It is an environmentally friendly alternative to dimethylformamide (DMF) and N-methyl-2-pyrrolidone (NMP). [7]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, financial services company Genworth Financial has earned a ...
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