Search for: "Genworth Financial"
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4 Mar 2009, 6:59 am
Genworth, which will include First Colony, Mayflower and GE Life. [read post]
24 Feb 2009, 7:31 am
What I mean by that is the structured settlement market has seen AEGON, Aviva, Mass Mutual and Genworth all depart our business, typically after years in which they had record premium written and very good profit margins. [read post]
22 Dec 2008, 10:19 pm
As European counsel at General Electric subsidiary Genworth Financial from 2003 to 2005, he tapped into his corporate law experience as counsel at Lovells to manage the company's IPO. [read post]
22 Dec 2008, 3:19 pm
Aviva joined other annuity providers who exited the structured settlement business during 2006 and 2007 including Mass Mutual, Genworth, Travelers and Aegon. [read post]
16 Dec 2008, 4:58 pm
This follows on the departures over the last few years of Mass Mutual Life, Genworth Financial and AEGON, all of whom were major markets and industry leaders with solid credit ratings. [read post]
13 Dec 2008, 6:01 pm
These modifications, first reported in the Wall Street Journal, could have a dramatic impact for the better on the capital requirements that companies such as Met Life, Prudential Insurance, American General, Hartford Financial and Genworth are struggling with. [read post]
12 Dec 2008, 3:12 pm
Profiled in the story are Prudential, Hartford Financial, Lincoln National and Genworth Financial, each of which has submitted a request for funds from the TARP program in order to shore up their balance sheets, obtain access to low cost capital and generally to stabalize their finances so they can maintain their A+ ratings. [read post]
8 Dec 2008, 5:34 pm
I can't think of any other major financial market that is so totally insulated and sheltered from outside competition, however, with the information age, the intrusion of other financial professionals and increased sophistication of consumers is going to continue to force greater transparency and cooperation on our business. [read post]
2 Dec 2008, 2:43 pm
Hope Now reports that the number of modifications is up 24% and the number of payment plans is up 9.8% over the last three month.In a separate release, mortgage insurer Genworth Financial stated it has helped more than 11,000 homeowners avoid foreclosure in the past year.Click here for the complete article. [read post]
24 Nov 2008, 12:53 pm
Some of the Top 11 names Q3 2008 may surprise you AEGON/Transamerica AIG Annuity Insurance Company (+11.1%) New York Life Insurance Company Principal Financial Group (+6%) Allstate Financial Genworth Financial Companies (-9.1%) Jackson National Life Western and Southern Sun Life Financial (+9.5%) John Hancock Life (+5.3%) Hartford Life… [read post]
15 Nov 2008, 5:18 am
Several insurance groups with ties to the structured settlement industry submitted applications to become bank holding companies to the Office of Thrift Supervision (OTS) on Friday November 14, 2008.The Hartford Financial Services Group, parent of current structured annuity issuer Hartford Life Insurance Company, Genworth Financial Inc., and Aegon NV, parents of former structured annuity issuers were among the insurance groups.Hartford is seeking to acquire the Federal… [read post]
12 Nov 2008, 4:08 pm
If you have a question about safety call your state insurance commissioner, discuss financial protection and insurance insolvency funds in your state and get informed before you make an expensive mistake. [read post]
5 Nov 2008, 3:33 pm
., HealthSpring, Inc. and Genworth Financial, Inc. [read post]
16 Sep 2008, 1:16 am
An article from TheStreet.com reports in the past year, Genworth Financial requested increases ranging from 8% to 12% on some policies already owned by its customers; John Hancock announced a 14% increase in some existing policies in May 2008; and this week, MetLife announced it will raise annual premiums an average of 18% for policy holders who were younger than age 70 when they purchased policies in the years from 1998 through 2005. [read post]
17 Aug 2008, 9:13 pm
These financial strength ratings represent A.M. [read post]
23 Jul 2008, 7:03 pm
Several structured settlement annuity providers (Aegon, Genworth, Travelers, and Transamerica among others) have left the structured settlement market. [read post]
8 Jul 2008, 10:25 pm
Examples XL Capital lost 52.02% Meadowbrook lost 41.65% Unitrin lost 41.15% National Interstate lost 40.42% Erie Indemnity Lost 36.69% Cincinnati Financial lost 34.28% Prudential Financial Lost 31.97% Genworth Financial lost 30.12% Travelers lost 23.54% Hartford Financial Services Group lost 23.60% (also has life ops) Despite the losses some insurers actually made money and the market capitalization of… [read post]
18 Jun 2008, 11:00 am
He has served in senior roles at Washington Mutual, General Electric's Genworth Financial and MasterCard International. [read post]
1 May 2008, 2:39 am
The survey by Genworth Financial Inc., comes as baby boomers are approaching retirement and worry that they haven't saved enough to cover day-to-day expenses as well as long-term medical care costs.The study found that the average annual cost for a private room in a nursing home rose to $76,460, or $209 per day, this year, a 17 percent increase over the $65,185 cost in 2004. [read post]
26 Mar 2008, 10:16 am
How long has it been since GE Capital Financial Assurance morphed into Genworth? [read post]
