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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]
A.M. Best downgraded ratings of life insurance subsidiaries of Genworth Financial but affirmed ratings of Genworth Financial with stable outlook.
Genworth Life Insurance Company. Genworth Life Insurance Company of New York. Genworth Life and Annuity Insurance Company. The following debt ratings have been affirmed: Genworth Holdings, Inc ...
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.
Statutory earnings drove a consolidated risk-based capital ratio for Genworth Life Insurance Company, or GLIC, of 317% at the end of September, compared to 319% at the end of June and 303% at the ...
Strong statutory earnings drove a consolidated risk-based capital ratio for Genworth Life Insurance Company, or GLIC, of 319% at the end of June compared to 314% at the end of March.
After more than six years with the company, including four years as CFO and the last year serving as executive vice president and CEO of Genworth Financial's U.S. life-insurance division, Patrick ...
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