Genworth Financial (GNW) Misses Q1 EPS by 10c

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Genworth Financial Announces First Quarter 2020 Results

May 5, 2020 5:10 PM EDT

RICHMOND, Va., May 5, 2020 /PRNewswire/ --

Reapprovals Received From New York Department Of Financial Services (NYDFS) And Virginia Bureau Of Insurance For Pending Merger With China Oceanwide Holdings Group Co., Ltd (Oceanwide) Merger Agreement Extended To Not Later Than June 30, 2020 U.S. Mortgage Insurance (MI) Adjusted Operating Income Of $148 Million, 19 Percent Above Prior Year U.S. MI's PMIERs1 Sufficiency Ratio At 142 Percent, In Excess Of $1.1 Billion Above Requirements No Observable Impact From COVID-19 Pandemic On Delinquencies In First QuarterStrong Capital Levels In... More