Genworth Financial (GNW) Tops Q1 EPS by 4c

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Go back to Genworth Financial (GNW) Tops Q1 EPS by 4c

Genworth Financial Announces First Quarter 2019 Results

April 30, 2019 5:10 PM EDT

RICHMOND, Va., April 30, 2019 /PRNewswire/ --

Merger Agreement With China Oceanwide Holdings Group Co., LTD (Oceanwide) Extended To June 30, 2019; Parties Diligently Pursuing Canadian Approval U.S. Mortgage Insurance (MI) Adjusted Operating Income Of $124 Million, With $9.6 Billion In New Insurance Written (NIW) And Strong Loss Ratio Performance U.S. MI's PMIERs1 Sufficiency Ratio At 123 Percent, More Than $600 Million Above The Revised Standards Effective March 31, 2019 Strong Capital Levels With Substantial Capital Above Management Targets In Canada And Australia MI Approximately $150 Million Incremental Annual Long Term Care Insurance (LTC) In... More