Genworth Financial Inc.

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  1. Articles

    Higher rates can blunt long-term-care errors, Genworth CEO says

    The largest seller of long-term-care coverage is counting on periodic rate increases of 2% to 4% to maintain profit targets.

  2. Articles

    Genworth Wealth completes sale to P-E firms

    Changes to platform coming in next few weeks; firm will have new name by year-end

  1. Articles

    Genworth sale short list would be long list

    A number of firms would likely be interested in buying Genworth's wealth management business — if it's on the block, that is.

  2. Articles

    Credit-worth of Genworth gets worse, nears junk

    Genworth Financial Inc., the insurer seeking a chief executive officer, was downgraded by Standard & Poor's as the economic slump pressures earnings.The rating was cut one step to BBB-, the lowest investment- grade level, as Genworth faces difficulty “expanding margins globally in the weak

  3. Articles

    Heat is on as three fixed-income giants subadvise single small fund

    What happens when Jeffrey Gundlach, Michael Hasenstab and Matthew Eagan all team up to subadvise a single fund? We're about to find out.

  4. Articles

    Genworth adds more investment options

    Strategies from investment firms BlackRock Financial Management Inc., DoubleLine Capital LP, F-Squared Investments Inc., and Forward Management LLC were added to the mix, as well as four other strategies from firms already on the Genworth platform.

  5. Articles

    Genworth latest to rein in LTC insurance offerings

    Carrier to suspend sale of lifetime benefits, 10-pay versions of product; changes to kick in July 29

  6. Articles

    Genworth's Joelson steps down from running $75B portfolio

    Genworth's chief investment officer Ronald Joelson, who oversees $75 billion in assets, is leaving to join Northwestern Mutual Life Insurance.

  7. Articles

    Cetera adds Genworth B-D unit

    Cetera Financial Group completed the acquisition of Genworth Financial Investment Services Inc. last Tuesday, bringing in about 1,800 financial advisers managing $13 billion in assets.

  8. Articles

    Genworth cuts ‘humbled' CEO's bonus as insurer misses targets

    Genworth Financial Inc. cut Chairman and Chief Executive Officer Michael Fraizer's annual bonus to a third of his target as the life insurer and mortgage guarantor failed to meet its goals.

  9. Articles

    Genworth stock worth more on upgrade

    Up 13% after Citigroup analyst said insurer can withstand mortgage-related losses

  10. Articles

    Long-term care: Cutting back coverage

    When a 74-year-old client visited Ellen R. Siegel six years ago with news of an upcoming 12% rate increase on the premium of her long-term-care insurance, the adviser knew she had to navigate the potential benefit cuts with the precision of a surgeon.

  11. Articles

    Surprisingly sexy: This sector is being talked up by analysts

    Who'd a thunk it? Life insurers, now cash-rich, have rebounded nicely from the financial crisis. But their shares are still cheap compared with those of banks, analysts say.

  12. Articles

    Insurers getting plenty of mileage out of LTC hybrids

    Combination life and long-term care polices are gaining serious traction in the marketplace. One for-instance: Sales for Lincoln National's MoneyGuard are up 62 percent over the past year.

  13. Articles

    Genworth releases asset allocation offering aimed at tamping down volatility

    New product was created with diversification across asset classes — and alternatives — in mind