Genworth Financial (GNW) Tops Q1 EPS by 3c

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Genworth Financial Announces First Quarter 2016 Results

April 28, 2016 5:05 PM EDT

RICHMOND, Va., April 28, 2016 /PRNewswire/ --

Solid Loss Ratio Performance And Maintained Strong Capital Positions In U.S., Canada & Australia Mortgage Insurance (MI) Businesses Progress Made On U.S. Life Insurance Restructuring Plan: Sales Suspended For Traditional Life Insurance And Fixed Annuity Products Cash Expenses Reduced By Approximately $135 Million Pre-Tax On An Annualized Basis Additional Steps Taken Toward Repatriation Of Bermuda Subsidiary Progress Made On Isolation Of Long Term Care Insurance (LTC) Business With Successful Completion Of Bond Consent Solicitation Net Income1 And Net... More