Genworth signals $500M capital return from Enact in 2025 while advancing CareScout network expansion
Genworth expects Enact to return approximately $500 million of capital to shareholders in 2025, with Genworth slated to receive about $405 million based on its 81% ownership. Upton said, "For the full ...
Genworth Financial Inc (GNW) reports solid income and strategic initiatives amid challenges in long-term care insurance.
If investors breathed a sigh of relief over this weekend’s announcement that Genworth had sold itself to a Chinese real estate and financial services concern, there was no such relief among insurance ...
Financial advisors can help clients navigate the 70% chance of needing costly long-term care and explore insurance options ...
Genworth Financial, one of the largest providers of long-term care insurance in the U.S. and one of only two companies selling coverage through a state partnership program in Connecticut, ties its ...
Good morning, ladies and gentlemen, and welcome to Genworth Financial's second quarter 2024 earnings conference call. My name is Cynthia, and I will be your coordinator today. [Operator instructions] ...
CareScout, a subsidiary of Henrico County-based Fortune 1000 insurance company Genworth Financial, announced Wednesday it has launched its first long-term care insurance product. Known as CareScout ...
Genworth Financial enjoyed fortunate timing with a potential $750 million lawsuit windfall coming just days before it reported second-quarter earnings. Executives happily answered questions from Wall ...
Consumers who purchased long-term care insurance (LTC) policies several years ago have discovered that they did not have any protection from increases in premiums. State insurance departments in ...
In the past couple of years, Genworth shares have declined due to concerns about long term care, or "LTC", but the concerns appear way overblown. The LTC division recently had a $19 million profit for ...
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