Form DEFA14A GENWORTH FINANCIAL INC
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Moody's Continues Review of Genworth (GNW) Ratings
October 24, 2016 5:19 PM EDTMoody's Investors Service announced the continued review for downgrade of the Ba3 senior unsecured debt rating of Genworth Holdings, Inc. (Genworth)(NYSE: GNW), and the Baa2 insurance financial strength (IFS) rating of Genworth Life and Annuity Insurance Company (GLAIC). In the same rating action, Moody's downgraded the IFS ratings of Genworth's long-term care (LTC) subsidiaries, Genworth Life Insurance Company and Genworth Life Insurance Company of New York (GLIC and GLICNY, collectively, GLIC) to Ba2 from Ba1. These ratings remain on review for downgrade. Moody's also affirmed the Ba1 IFS rating of Genworth Mortgage Insurance... More
