Genworth Financial (GNW) Tops Q3 EPS by 19c

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Genworth Financial Announces Third Quarter 2020 Results

November 4, 2020 4:45 PM EST

RICHMOND, Va., Nov. 4, 2020 /PRNewswire/ --

Merger Agreement With China Oceanwide Holdings Group Co., Ltd (Oceanwide) Extended To November 30, 2020; Oceanwide Has Made Significant Progress On Transaction Funding U.S. Mortgage Insurance (MI) Segment Adjusted Operating Income Of $141 Million Primarily Driven By Lower Levels Of New Delinquencies And Incurred But Not Reported (IBNR) Favorability $26.6 Billion In New Insurance Written (NIW) Reflecting Robust Mortgage Origination MarketU.S. Life Insurance Segment Adjusted Operating Income Of $14 Million LTC1 Adjusted Operating Income Of $59 Million Due To Higher Claim... More