Genworth Financial Inc.
GNW3.11 -0.06
Genworth Financial offers insurance and investment-related products to customers worldwide. Services include life insurance, long term care insurance, health insurance, institutional investment products, annuities, third party mutual funds, and mortage insurance.
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Overview edit history
Genworth Financial, Inc. offers customers insurance and investment-related products. The company headquartered in Richmond, Virginia serves customers in the United States and around the world. The company serves approximately 15 million customers in more that 25 countries. Genworth Financial, Inc. operates in 3 business segments: Protection, Retirement Income and Investments, and Mortgage Insurance. The Protection segment provides customers with life insurance, long term care insurance, and health insurance. The Retirement Income and Investments segment provides customers with a variety of services including income distribution, institutional investment products, wealth accumulation, annuities, variable life insurance, bank notes, asset management products and services, guaranteed investment contracts, and third party mutual funds. The Mortgage Insurance segment provides customers with mortgage insurance in the United States, Canada, Australia, New Zealand, Mexico, Japan, and Europe. Founded in 2003, the company competes with Mortgage Guaranty Insurance Corporation, Republic Mortgage Insurance Company, and United Guaranty Residential Insurance Company.
Bull edit history
Genworth Financial, Inc. has an excellent balance sheet and 8% growth in 2008. This company is expected to do good even in the current state of the economy. Currently the institution owns 95% of the outstanding shares. This means that the company management really tries to do the best thing for the share holders.


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