Genworth Financial (GNW) Tops Q2 EPS by 12c, Beats on Revenues

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Go back to Genworth Financial (GNW) Tops Q2 EPS by 12c, Beats on Revenues

Genworth Financial Announces Second Quarter 2018 Results

July 31, 2018 5:10 PM EDT

RICHMOND, Va., July 31, 2018 /PRNewswire/ --

As Announced On June 9, 2018, The Committee On Foreign Investment In The United States (CFIUS) Completed Its Review Of The Proposed Transaction Between Genworth And China Oceanwide Holdings Group Co., Ltd (Oceanwide) And Concluded That There Are No Unresolved National Security Concerns U.S. Mortgage Insurance (MI) Adjusted Operating Income Of $137 Million Which Included A Favorable $22 Million After-Tax Reserve Adjustment U.S. MI's PMIERs1 Sufficiency Ratio At 129 Percent, In Excess Of $700 Million Above Requirements Following A $50 Million Dividend Strong Loss Ratio Performance And... More