Genworth Financial (GNW) Tops Q3 EPS by 7c

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Go back to Genworth Financial (GNW) Tops Q3 EPS by 7c

Genworth Financial Announces Third Quarter 2016 Results

November 3, 2016 5:35 PM EDT

RICHMOND, Va., Nov. 3, 2016 /PRNewswire/ --  

Net Loss1 And Net Operating Loss2 Included $548 Million After-Tax, Or $1.10 Per Diluted Share, Of Net Unfavorable Items Relating To Increase To Long Term Care Insurance (LTC) Claim Reserves & Deferred Tax Charges Strong Loss Ratio, New Insurance Written (NIW) And Capital Levels In U.S. Mortgage Insurance (MI) Strong Loss Ratio In Canada MI; Loss Ratio Higher In Australia MI From Continued Pressure In Queensland And Western Australia Completed Repatriation Of Bermuda Subsidiary On October 1, 2016 As Part Of U.S. Life Insurance Restructuring Plan Holding... More