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Genworth Financial Inc. (GNW) is in the Financial Services Industry

Revenue
Dec 31 2007
$11.1B
Profit
Dec 31 2007
$1.2B
Market Cap
Oct 06 2008
$2.6B

Latest News and Analysis

  • Genworth Financial Schedules U.S. Mortgage Insurance Investor Call

    RICHMOND, Va., Sept. 22 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. will hold a conference call on September 25, 2008 at 4:30 p.m. ET to provide an update regarding its U.S. Mortgage Insurance business. The material for this call will be posted on the company's website at approximately 4:00 p.m....

    Articles 2008-09-22

  • BellwetherReport.com Analyst Opinions on ZTR, DYN, GNW and CDE

    BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...

    Articles 2008-09-18

  • Introducing Genworth Financial Wealth Management Integrating AssetMark and Genworth Financial Asset Management

    RICHMOND, Va., Aug. 18 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. today announced the launch of its new wealth management division, Genworth Financial Wealth Management, Inc. The announcement completes the integration of two Genworth companies, AssetMark Investment Services, Inc. and Genworth Financial Asset Management. Genworth completed its acquisition of AssetMark...

    Articles 2008-08-18

  • Brokers still in the game

    Despite losing market share to the banks, brokers are still playing an important role in the home loan market, according to a new survey. Some 39 per cent of borrowers surveyed rely on brokers to save time and get them the best deal, and a large majority of...

    Articles 2008-08-15

  • Genworth Financial Reports Second Quarter Net Operating Income Of $0.49 Per Diluted Share - Loss From Continuing Operations of $0.25 Per Diluted Share

    RICHMOND, Va., July 29 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. today reported a loss from continuing operations for the second quarter of 2008 of $109 million, or $0.25 per diluted share, compared with income of $321 million, or $0.72 per diluted share, in the second quarter of 2007. ...

    Articles 2008-07-29

  • GroundWork Open Source Appoints Alan Cooke as Vice President of Global Field and Channel Operations

    Brings Expertise in Sales, Channel and Partner Relations to the Open Source Community SAN FRANCISCO -- GroundWork Open Source, Inc. (www.groundworkopensource.com), the leader in commercial open source systems and network management software, today announced the appointment of Alan Cooke as Vice President of Global Field...

    Articles 2008-07-09

  • GroundWork® Named a CRN Emerging Tech Vendor

    GroundWork Monitor delivers enterprise-ready systems and network management solutions SAN FRANCISCO -- GroundWork Open Source, Inc. (www.groundworkopensource.com), the leader in commercial open source systems and network management software, today announced it has been selected by Everything Channel as a CRN Emerging Tech vendor for its...

    Articles 2008-07-02

  • Fidelity Investments Estimates $85,000 Needed to Cover Retiree Long-Term Care Insurance Costs

    Providing Long-Term Care for Uninsured Retirees Could Cost the Average Family Caregiver Over $140,000 BOSTON -- To help Americans better plan for their healthcare costs in retirement, Fidelity Investments estimates that a 65-year old couple in 2008 will need $85,000 to insure against long-term care...

    Articles 2008-06-26

  • A.M. Best Affirms Ratings of Genworth Financial, Inc

    Assigns Ratings to American Continental Insurance Company OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A+ Superior and issuer credit ratings ICR of "aa-" of the key life/health insurance subsidiaries of Genworth Financial, Inc. Genworth (Richmond, VA) (NYSE:GNW). Additionally,...

    Articles 2008-06-16

  • RRDtool Releases New Functions, Improves Graphing, Forecasting and Access for Millions of Users

    SAN FRANCISCO -- RRDtool, the open source industry standard high performance data logging and graphing system for time series data, today announced the release of RRDtool 1.3. The new release includes additional capabilities and functionalities of the popular tool that has been downloaded over 1.5 million times...

    Articles 2008-06-11

  • Bringing Back Safety, Strength and Dependability

    The allure of exotic loans led lenders and borrowers astray in the past, but as the market returns to prudent lending practices, it's good to know that Genworth Mortgage Insurance remains strongly committed to stability and security in the mortgage marketplace - now and in the future. Our approach...

    Articles 2008-06-01

  • Increasing long-term care costs generate financial-planning concern

    As national long-term care costs continue to rise, global insurance and financial services firm Genworth Financial, Inc. advises adults to make budgeting for potential long-term care expenses a priority. The cost of long-term care in the area comprising Buffalo, Syracuse, and Rochester has increased 6 percent in total...

    Articles 2008-05-30

  • Fitch Rates Genworth's Senior Notes 'A'; Outlook Stable

    CHICAGO -- Fitch Ratings has assigned an 'A' rating to Genworth Financial, Inc.'s (NYSE:GNW) $600 million issue of 6.515% senior notes due 2018, and has affirmed the holding company ratings on GNW, including the 'A+' Issuer Default Rating IDR. The Rating Outlook is Stable. The rating actions affect approximately $4.4...

    Articles 2008-05-19

  • Genworth Study Shows QDIAs with Guaranteed Income Increase Lifetime Financial Security

    RICHMOND, Va., May 16 /PRNewswire-FirstCall/ -- As America's employers continue to move from defined benefit DB to defined contribution DC plans, the responsibility for saving for retirement and securing retirement income has shifted from employers to employees. Plan participants are now faced with a myriad of 401k investment...

    Articles 2008-05-16

  • Genworth Financial Announces Results of Annual Meeting

    RICHMOND, Va., May 13 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. announced the re-election of all 10 directors at its 2008 annual meeting of stockholders today, including Michael D. Fraizer, chairman and chief executive officer. Board members re-elected, in addition to Fraizer, included Frank J. Borelli, former Chief...

    Articles 2008-05-13

  • Genworth Financial Declares Dividend on Its Shares of Class A Common Stock

    RICHMOND, Va., May 13 /PRNewswire-FirstCall/ -- The Board of Directors of Genworth Financial, Inc. today declared a quarterly dividend of $0.10 per outstanding share of its Class A Common Stock. The dividend is payable on July 28, 2008 to stockholders of record as of the close of business...

    Articles 2008-05-13

  • Cost of nursing home care in Utah has increased 13 percent since 2004

    The cost of nursing home care in Utah has increased 13 percent since 2004, according to an annual Cost of Care Survey released today by Genworth Financial, Richmond, Va. This compares to a 17 percent increase nationwide. The study, which found that nationwide the cost of long-term care...

    Articles 2008-05-12

  • Colorado Springs Medical Briefs: May 9, 2008

    The cost of long-term care in Colorado has increased 20 percent since 2004, compared to a nationwide increase of 17 percent. A Cost of Care Survey released by Genworth Financial Group finds that the cost of elder care in nursing homes, assisted living facilities and at-home care...

    Articles 2008-05-09

  • Genworth Financial Chairman and CEO Michael D. Fraizer To Speak At The UBS Global Financial Services Conference

    RICHMOND, Va., May 7 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. Chairman and CEO, Michael D. Fraizer, will present at the UBS Global Financial Services Conference on Wednesday, May 14, 2008 beginning approximately at 9:15 a.m. ET. The presentation, including a link to the webcast provided by UBS,...

    Articles 2008-05-07

  • Care-center costs increasing

    Costs for nursing homes, assisted-living facilities and some in- home care services have increased nationwide for a fifth consecutive year and could rise further if a shortage of long-term care workers isn't resolved, a new study indicates. In Utah, a private one-bedroom apartment in an assisted-living facility...

    Articles 2008-05-01

  • page 1 of 1
  • Incorporated: 2003
  • CEO: Mr. Michael D. Fraizer

Genworth Financial is a financial security company serving the homeownership, life security, wealth management and retirement security needs. As of Dec 31 2007, Co. had three operating segments. The Retirement and Protection segment offers a variety of protection, wealth accumulation, retirement income and institutional products. The International segment provides mortgage insurance products in Canada, Australia, New Zealand, Mexico, Japan and multiple European countries. The U.S. Mortgage Insurance offers mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans, also known as flow mortgage insurance in the U.S.

Key Competitors

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Genworth Financial Inc. Company Info

Board of Directors

Mr. Michael D. Fraizer

Chairman

Mr. Thomas B. Wheeler

Mr. Frank J. Borelli

Ms. Nancy J. Karch

Mr. J. Robert Kerrey

Dr. Risa Lavizzo Mourey M.D.

Mr. Saiyid T. Naqvi

Mr. James A. Parke

Mr. James S. Riepe

Mr. Barrett A. Toan

Contact Information

6620 West Broad Street

Richmond, VA

804 281-6000

NAICS Code

Direct Life Insurance Carriers: 524113

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