GNW - Genworth Financial Inc9:00:02 PM 12/5/2023
-0.06 (-0.97%)
Genworth Financial provides mortgage insurance and long-term care insurance. It is based in Richmond, Virginia. The company also has a life insurance and annuities business which are in runoff after the company stopped selling those products in February 2016. The company was founded as The Life Insurance Company of Virginia in 1871 by two dozen investors in Petersburg, Virginia. The company offered its first policies to local customers before expanding to Richmond, Virginia. Under general agent F.W. Chamberlayne, the company expanded heavily into Richmond. Within 10 years, the client base expanded beyond the Southern United States. A.G. McIlwaine was the company’s first president.
Quarterly financials
(USD)Jun 2023Q/Q
Operating Income85MM+1%
Operating Expenses1.8B-
Net Income137MM-
Interest Expense29MM-
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