Genworth Financial (GNW) Ratings Remain on CreditWatch Negative - S&P

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Go back to Genworth Financial (GNW) Ratings Remain on CreditWatch Negative - S&P

Genworth Financial Announces Second Quarter 2016 Results

August 2, 2016 5:05 PM EDT

RICHMOND, Va., Aug. 2, 2016 /PRNewswire/ --

Solid Loss Ratio, New Insurance Written (NIW) And Capital Levels In U.S. Mortgage Insurance (MI) Improved Loss Ratio In Canada MI Sequentially, But Higher In Australia MI From Pressure In Queensland And Western Australia Net Income1 And Net Operating Income2 Include $57 Million After-Tax Of Net Unfavorable Items; Long Term Care Insurance (LTC) Results Favorably Impacted By $26 Million Of Lower Reserves From Reduced Benefits Related To Certain Premium Rate Increase Implementations Net Income Included $85 Million After-Tax Of Gains From The Sale Of Certain... More