Genworth In the News
Oct 4, 2017RTTNews
Genworth Financial and China Oceanwide Holdings announced that the North Carolina Department of Insurance has approved the proposed acquisition of control by Oceanwide of Genworth's North Carolina-domiciled insurance companies, including Genworth Mortgage Insurance Company.
Oct 4, 2017The Morning Consult
This opinion piece by Tom McInerney, president and CEO of Genworth Financial, was published in The Morning Consult in conjunction with Genworth's Long Term Care Symposium on Capitol Hill Oct. 4, 2017.
Nov 3, 2016Kiplinger
One sign of fresh interest in the products: The insurance giant Genworth early this year launched its first medically underwritten single premium immediate annuity.
Oct 28, 2016Lynchburg (VA) News & Advance
Though the complete details haven't yet been announced, the purchase of Genworth by China Oceanwide appears to be good news for the beleaguered insurance company and its more than 1,000 employees in Central Virginia.
Oct 23, 2016Bloomberg
China Oceanwide agreed to buy Genworth Financial for $2.7 billion in cash, pledging to help the U.S. firm manage its debt and strengthen life insurance units after it was hurt by higher-than-expected losses tied to long-term care coverage.