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Genworth Financial (NYS: GNW) has been on a rollercoaster ride for the past few years as it struggles to regain its footing in a post-crisis world. The company's Q3 report is representative of its ...
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 ...
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]
Sagen (formerly Genworth) subsequently replaced the CMHC as Canada's largest mortgage default insurer. [31] In July 2021, the CMHC reversed the decision to tighten the lending criteria for mortgage insurance. [32] The new CEO said it was a "mistake." [33]
Genworth Financial's (NYS: GNW) widened operating loss in its U.S. mortgage insurance business was a disappointment last quarter as the economy continues to grapple with larger issues such as high ...
A.M. Best downgraded ratings of life insurance subsidiaries of Genworth Financial but affirmed ratings of Genworth Financial with stable outlook.
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