Genworth Financial (GNW) Misses Q3 EPS by 6c, Revenues Beat

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Go back to Genworth Financial (GNW) Misses Q3 EPS by 6c, Revenues Beat

Genworth Financial Announces Third Quarter 2019 Results

October 29, 2019 5:10 PM EDT

RICHMOND, Va., Oct. 29, 2019 /PRNewswire/ --

Reached Agreement To Sell Genworth's Majority Interest In Genworth MI Canada Inc. To Brookfield Business Partners L.P. With Approximately $1.8 Billion Expected Net Proceeds Merger Agreement With China Oceanwide Holdings Group Co., Ltd (Oceanwide) Extended To Not Later Than December 31, 2019 U.S. Mortgage Insurance (MI) Adjusted Operating Income Of $137 Million With $18.9 Billion In New Insurance Written (NIW) And Continued Strong Loss Performance U.S. MI's PMIERs1 Sufficiency Ratio At 129 Percent, In Excess Of $850 Million Above Requirements $62 Million Capital Returned To... More