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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]
1955: First Colony Life Insurance Company founded by Edwin Horner in Lynchburg, VA. [1] 1963: Broadway-Hale, a California department store chain (later Carter Hawley Hale Stores), purchases controlling interests in FCL. [citation needed] 1965: Los Angeles Investment Company buys out Broadway-Hale's majority stock block. George Stewart becomes ...
Genworth Financial: This Richmond-based company provides mortgage insurance, long-term care insurance, and other financial products to individuals and businesses. Virginia's banking and finance industry is a major driver of the state's economy.
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.
This page was last edited on 16 February 2024, at 23:05 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Genworth Financial ; Interstate Van Lines (Springfield) L-3 Flight International Aviation (Newport News) Landmark Media Enterprises ; Liberty Tax; Markel Group ; Mars Inc. Medeco (Roanoke County) NVR, Inc. Owens & Minor (Mechanicsville) Rolls-Royce North America ; RTX Corporation (Arlington County)
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