Changes
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→Company history: should it be newspaper parameter ?
{{Infobox company
| name = Genworth Financial, Inc.
| logo = Genworth logo.svg
| type = [[Public company|Public]]
| traded_as = {{NYSE|GNW}} (Class A)<br>[[S&P 400|S&P 400 Component]]
| foundation = May 2004
| location = [[Henrico County, Virginia]], United States
| key_people = [[Tom McInerney]] {{small|(CEO)}} <ref>{{cite web|url=http://newsroom.genworth.com/executive-team?item=29937|title=Executive Team|website=Genworth Financial, Inc. Newsroom}}</ref>
| industry = [[Financial services]]
| products = [[Long-term care insurance]]<br />[[Annuity (US financial products)|Annuities]]<br />[[Mortgage insurance]]<br />
| revenue = [[United States dollar|US$]] 8.548 billion (2015)
| assets = [[United States dollar|US$]] 106.4 billion (2016)<ref>{{cite web|url=http://investor.genworth.com/investors/news-releases/archive/archive/2016/Genworth-Financial-Announces-Fourth-Quarter-2015-Results/default.aspx|title=Genworth Financial Announces Fourth Quarter 2015 Results|website=Genworth Financial, Inc. }}</ref>
| num_employees = ~3,300 (2016)
| homepage = {{URL|www.genworth.com}}
| footnotes =
}}
'''Genworth Financial''' is an [[S&P 400]] [[insurance]] company. The firm was founded as The Life Insurance Company of Virginia in 1871.<ref>{{cite web|title=Profile: Genworth Financial Inc (GNW)|url=https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GNW|publisher=[[Reuters]]|accessdate=17 September 2013}}</ref> In 1986, Life of Virginia was acquired by [[Combined Insurance]], which became [[Aon plc]] in 1987. In 1996, Life of Virginia was sold to [[GE Capital]].<ref>{{cite news |url=https://www.nytimes.com/1995/12/27/business/ge-capital-to-acquire-an-insurer.html|title=GE Capital To Acquire An Insurer|first=Michael|last=Quint|date=27 December 1995|publisher=[[New York Times]] }}</ref> In May 2004, Genworth Financial was formed out of various insurance businesses of [[General Electric]] in the largest [[IPO]] of that year.<ref>{{cite web|title=US recorded largest number of IPOs in 2004 since internet bubble|url=http://www.altassets.net/private-equity-news/us-recorded-largest-number-of-ipos-in-2004-since-internet-bubble.html|work=AltAssets|publisher=Investor Networks Limited|accessdate=17 September 2013|date=1 March 2005}}</ref>
Genworth Financial has three segments: Retirement & Protection, US Mortgage Insurance, and International. Products and services include life and [[long-term care insurance]], [[mortgage insurance]], and annuities.
==Company history==
A.G. McIlwaine was the company’s first president.<ref name="auto">{{cite web|title=A Guide to the Life Insurance Company of Virginia Records, 1871-1920|publisher=[[Virginia Historical Society]]|url=http://www.vahistorical.org/collections-and-resources/how-we-can-help-your-research/researcher-resources/finding-aids/life#Bio|accessdate=27 October 2014}}</ref> Begun by two dozen Petersburg investors, the Life Insurance Company of Virginia offered its first policies to local customers before expanding to [[Richmond, Virginia]]. Under general agent F.W. Chamberlayne, the Richmond Department attracted a large number of new clients. Within the first decade, the client base expanded beyond the South.
As the Life Insurance Company of Virginia grew, the headquarters were moved to Richmond, Virginia.<ref name="auto"/> By the turn of the twentieth century, the company offered products through different divisions,. The “Ordinary Division” of the company offered whole [[life annuity]] options and related products, the “Intermediate Division” offered term life products, [[endowment policies]], and limited payment policies, and an industrial division offered inexpensive products.
Colloquially known as “Life of Virginia”,<ref>{{cite web |url=http://www.vahistorical.org/collections-and-resources/how-we-can-help-your-research/researcher-resources/finding-aids/life |title=Life Insurance Company of Virginia |publisher=Virginia Historical Society }}</ref> the company expanded its portfolio in the 20th century. Beginning with its first annuities business written in 1928, the company grew to include different [[mortgage insurance]], lifestyle protection, and [[long-term care]] products and options.<ref>{{cite web |title=Genworth Financial 10th Anniversary Timeline|publisher=Genworth Financial|url=https://www.genworth.com/dam/Americas/US/PDFs/Consumer/corporate/GF90389_10thAnn_Timeline_5%208%2014.pdf|accessdate=27 October 2014}}</ref>
Over the following decades, the company has undergone several major acquisitions, beginning in 1986 when Life of Virginia was acquired by Combined Insurance for $557 million, which became [[AON Corporation]] the following year.<ref name="auto"/> In 1995, almost a decade after the acquisition, [[GE Capital]], the financial services unit of General Electric, announced its plan to buy most of AON Corporation’s life insurance business, including Life of Virginia.<ref>{{cite web|title=GE Capital to Acquire an Insurer|date=27 December 1995|publisher=[[New York Times]]|url=https://www.nytimes.com/1995/12/27/business/ge-capital-to-acquire-an-insurer.html|accessdate=27 October 2014}}</ref>
Under GE Capital, Life of Virginia became a part of GE Financial Assurance Holdings, Inc., before becoming GE Capital Assurance Company. The company was incorporated as Genworth Financial, Inc. on October 23, 2003,<ref>{{cite web|title=Genworth Financial Inc.|publisher=[[CNN Money]]|url=http://money.cnn.com/quote/profile/profile.html?symb=GNW|accessdate=27 October 2014}}</ref> formed out of several GE Capital insurance companies. On May 25, 2004, Genworth became a publicly traded company in the largest initial public offering ([[IPO]]) of 2004.<ref>{{cite web|title=DIGITAL DOMAIN; Google Shmoogle. The Biggest I.P.O's Went Unnoticed|date=29 August 2004|publisher=[[New York Times]]|url=https://www.nytimes.com/2004/08/29/business/digital-domain-google-shmoogle-the-biggest-ipo-s-went-unnoticed.html|accessdate=27 October 2014}}</ref>
GE sold its remaining stake in the company in 2006 for an estimated $2.8 billion.<ref>{{cite web|title=GE Sells Remaining $2.8 Billion Genworth Stock|date=27 February 2006|publisher=[[Bloomberg L.P.|Bloomberg]]|url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3tIZoOntJLc&refer=us|accessdate=27 October 2014}}</ref> In 2007, another GE Capital insurance company, [[First Colony Life Insurance Company]], merged with Genworth Life and Annuity Assurance Company, one of the entities within Genworth Financial, Inc, also in 2007, Sun Life Financial bought the Employee Benefits Group (EBG) of Genworth Financial, putting Sun Life Financial on the top market for Employee Benefits programs. As of December 31, 2011, Genworth Financial, Inc. had more than 15 million customers in more than 25 countries.<ref>{{cite web|title=Profile: Genworth Financial Inc (GNW)|url=https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GNW|publisher=[[Reuters]]|accessdate=27 October 2014}}</ref>
In 2009, Genworth held an IPO for its Canadian subsidiary, Genworth MI Canada, on the Toronto Stock Exchange, raising $850 million.<ref name=":0">{{Cite news|url=https://www.theglobeandmail.com/globe-investor/genworth-launches-massive-tsx-offering/article1199702/|title=Genworth launches massive TSX offering|last=|first=|date=2009-06-30|work=The Globe and Mail|access-date=2018-02-08|archive-url=|archive-date=|dead-url=}}</ref>
On April 1, 2013, Genworth announced the completion of a legal entity reorganization, with the result being the creation of a new ultimate holding company. This restructuring separated the U.S. mortgage insurance subsidiaries from the overall firm.<ref>{{cite press release|title=A.M. Best Revises Outlook to Stable for Genworth Financial, Inc. and Its Key Life/Health Subsidiaries |date=24 May 2013|publisher=[[A.M. Best]]|url=http://www.dailyfinance.com/2013/05/24/am-best-revises-outlook-to-stable-for-genworth-fin/|accessdate=17 September 2013}}</ref>
On October 24, 2016, [[China Oceanwide Holdings Group]] agreed to buy Genworth Financial Inc. for $2.7 billion.<ref>{{cite news
| last =Carew
| first =Rick
| date =January 19, 2017
| title =China Oceanwide Consortium Clinches Deal to Buy International Data Group
| newspaper=The Wall Street Journal
| publication-place =New York
| url =https://www.wsj.com/articles/china-oceanwide-consortium-clinches-deal-to-buy-international-data-group-1484883893
| accessdate =January 22, 2017}}</ref><ref>https://www.sec.gov/Archives/edgar/data/1276520/000119312516744407/d275076dex991.htm</ref>
==Products and services==
[[Life insurance]] was the company’s first product. As of December 2013, Genworth Life and Annuity Insurance Company and Genworth Life Insurance Company had over $728 billion insurance in force.<ref>{{cite web|title=Buying life insurance: It starts here.|access-date=17 October 2014|publisher=Genworth Financial|url=http://www.genworth.com/products/life-insurance/about-genworth.html}}</ref>
Genworth Financial offers a range of products and services, including long-term care insurance and mortgage insurance. The long-term care business provides individual long-term care insurance, group long-term care insurance for employers offering benefits to employees, and caregiver support services.<ref>{{cite web|title=Long Term Care|date=13 November 2014|publisher=Genworth Financial|url=http://www.genworth.com/products/long-term-care.html|accessdate=4 December 2014}}</ref>
Prior to 2016, the company offered term life insurance, whole life insurance, [[universal life insurance]], and index universal life insurance, as well as [[Annuity (US financial products)|annuities]], including fixed immediate annuities, traditional fixed deferred annuities, and fixed index annuities.<ref>{{cite web|title=Prospectuses|date=28 August 2014|publisher=Genworth Financial|url=http://www.genworth.com/products/annuity/prospectuses.html|accessdate=4 December 2014}}</ref><ref>{{cite web|title=Life insurance types and options|date=29 September 2013|publisher=Genworth Financial|url=http://www.genworth.com/products/life-insurance/types-of-life-insurance.html#tab4-tab|accessdate=4 December 2014}}</ref> In 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff.
==Securities fraud lawsuits==
On April 14, 2014, a class action lawsuit was commenced the United States District Court for the Southern District of New York against Genworth for "disseminating false and misleading statements to the investing public." <ref>Complaint http://www.classactionsnews.com/sites/default/files/pdfs/Genworth%20Financial%20Securities%20Fraud%20Class%20Action%20Complaint.pdf</ref> Another lawsuit was brought in the United States District Court for the Eastern District of Virginia on behalf of investors. On March 14, 2016, the [[Alberta Investment Management Corporation]] and the Fresno County Employees' Retirement Association reached an agreement in principle to recover US$219 million.<ref>{{cite web|url=http://newsroom.genworth.com/2016-03-11-Genworth-Announces-Settlement-Of-Securities-Class-Action-Lawsuit|title=Genworth Announces Settlement Of Securities Class Action Lawsuit|website=Genworth Financial, Inc. Newsroom}}</ref> The lawsuit alleged that Genworth and certain senior executives made false and misleading statements about Genworth's long-term care insurance business and the company's financial statements between October 30, 2013 and November 5, 2014.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/aimco-secures-219-million-recovery-in-genworth-571964161.html|title=AIMCo Secures $219 Million Recovery in Genworth|publisher=Alberta Investment Management Corp. }}</ref>
== Genworth MI Canada ==
Genworth MI Canada is the Canadian partially-owned subsidiary of Genworth Financial. It is the largest private-sector residential mortgage insurer in Canada (second largest overall, after the [[Canada Mortgage and Housing Corporation|Canadian Mortgage and Housing Corporation]]).<ref>{{Cite news|url=https://www.theglobeandmail.com/report-on-business/genworth-hit-hard-by-new-mortgage-insurance-rules/article35860703/|title=Genworth hit hard by new mortgage-insurance rules|last=|first=|date=2017-08-01|work=The Globe and Mail|access-date=2018-02-08|archive-url=|archive-date=|dead-url=}}</ref> Genworth MI Canada is listed on the [[Toronto Stock Exchange]], but is majority owned by its US parent.<ref name=":0" />
==References==
{{Reflist|2}}
==External links==
* [https://www.genworth.com Genworth Home Page]
{{General Electric}}
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Financial services companies of the United States]]
[[Category:Insurance companies of the United States]]
[[Category:Financial services companies established in 2004]]
[[Category:Former General Electric subsidiaries]]
[[Category:Companies based in Richmond, Virginia]]
[[Category:Life insurance companies of the United States]]
[[Category:Companies based in Stamford, Connecticut]]
[[Category:2004 initial public offerings]]
[[Category:Corporate spin-offs]]
| name = Genworth Financial, Inc.
| logo = Genworth logo.svg
| type = [[Public company|Public]]
| traded_as = {{NYSE|GNW}} (Class A)<br>[[S&P 400|S&P 400 Component]]
| foundation = May 2004
| location = [[Henrico County, Virginia]], United States
| key_people = [[Tom McInerney]] {{small|(CEO)}} <ref>{{cite web|url=http://newsroom.genworth.com/executive-team?item=29937|title=Executive Team|website=Genworth Financial, Inc. Newsroom}}</ref>
| industry = [[Financial services]]
| products = [[Long-term care insurance]]<br />[[Annuity (US financial products)|Annuities]]<br />[[Mortgage insurance]]<br />
| revenue = [[United States dollar|US$]] 8.548 billion (2015)
| assets = [[United States dollar|US$]] 106.4 billion (2016)<ref>{{cite web|url=http://investor.genworth.com/investors/news-releases/archive/archive/2016/Genworth-Financial-Announces-Fourth-Quarter-2015-Results/default.aspx|title=Genworth Financial Announces Fourth Quarter 2015 Results|website=Genworth Financial, Inc. }}</ref>
| num_employees = ~3,300 (2016)
| homepage = {{URL|www.genworth.com}}
| footnotes =
}}
'''Genworth Financial''' is an [[S&P 400]] [[insurance]] company. The firm was founded as The Life Insurance Company of Virginia in 1871.<ref>{{cite web|title=Profile: Genworth Financial Inc (GNW)|url=https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GNW|publisher=[[Reuters]]|accessdate=17 September 2013}}</ref> In 1986, Life of Virginia was acquired by [[Combined Insurance]], which became [[Aon plc]] in 1987. In 1996, Life of Virginia was sold to [[GE Capital]].<ref>{{cite news |url=https://www.nytimes.com/1995/12/27/business/ge-capital-to-acquire-an-insurer.html|title=GE Capital To Acquire An Insurer|first=Michael|last=Quint|date=27 December 1995|publisher=[[New York Times]] }}</ref> In May 2004, Genworth Financial was formed out of various insurance businesses of [[General Electric]] in the largest [[IPO]] of that year.<ref>{{cite web|title=US recorded largest number of IPOs in 2004 since internet bubble|url=http://www.altassets.net/private-equity-news/us-recorded-largest-number-of-ipos-in-2004-since-internet-bubble.html|work=AltAssets|publisher=Investor Networks Limited|accessdate=17 September 2013|date=1 March 2005}}</ref>
Genworth Financial has three segments: Retirement & Protection, US Mortgage Insurance, and International. Products and services include life and [[long-term care insurance]], [[mortgage insurance]], and annuities.
==Company history==
A.G. McIlwaine was the company’s first president.<ref name="auto">{{cite web|title=A Guide to the Life Insurance Company of Virginia Records, 1871-1920|publisher=[[Virginia Historical Society]]|url=http://www.vahistorical.org/collections-and-resources/how-we-can-help-your-research/researcher-resources/finding-aids/life#Bio|accessdate=27 October 2014}}</ref> Begun by two dozen Petersburg investors, the Life Insurance Company of Virginia offered its first policies to local customers before expanding to [[Richmond, Virginia]]. Under general agent F.W. Chamberlayne, the Richmond Department attracted a large number of new clients. Within the first decade, the client base expanded beyond the South.
As the Life Insurance Company of Virginia grew, the headquarters were moved to Richmond, Virginia.<ref name="auto"/> By the turn of the twentieth century, the company offered products through different divisions,. The “Ordinary Division” of the company offered whole [[life annuity]] options and related products, the “Intermediate Division” offered term life products, [[endowment policies]], and limited payment policies, and an industrial division offered inexpensive products.
Colloquially known as “Life of Virginia”,<ref>{{cite web |url=http://www.vahistorical.org/collections-and-resources/how-we-can-help-your-research/researcher-resources/finding-aids/life |title=Life Insurance Company of Virginia |publisher=Virginia Historical Society }}</ref> the company expanded its portfolio in the 20th century. Beginning with its first annuities business written in 1928, the company grew to include different [[mortgage insurance]], lifestyle protection, and [[long-term care]] products and options.<ref>{{cite web |title=Genworth Financial 10th Anniversary Timeline|publisher=Genworth Financial|url=https://www.genworth.com/dam/Americas/US/PDFs/Consumer/corporate/GF90389_10thAnn_Timeline_5%208%2014.pdf|accessdate=27 October 2014}}</ref>
Over the following decades, the company has undergone several major acquisitions, beginning in 1986 when Life of Virginia was acquired by Combined Insurance for $557 million, which became [[AON Corporation]] the following year.<ref name="auto"/> In 1995, almost a decade after the acquisition, [[GE Capital]], the financial services unit of General Electric, announced its plan to buy most of AON Corporation’s life insurance business, including Life of Virginia.<ref>{{cite web|title=GE Capital to Acquire an Insurer|date=27 December 1995|publisher=[[New York Times]]|url=https://www.nytimes.com/1995/12/27/business/ge-capital-to-acquire-an-insurer.html|accessdate=27 October 2014}}</ref>
Under GE Capital, Life of Virginia became a part of GE Financial Assurance Holdings, Inc., before becoming GE Capital Assurance Company. The company was incorporated as Genworth Financial, Inc. on October 23, 2003,<ref>{{cite web|title=Genworth Financial Inc.|publisher=[[CNN Money]]|url=http://money.cnn.com/quote/profile/profile.html?symb=GNW|accessdate=27 October 2014}}</ref> formed out of several GE Capital insurance companies. On May 25, 2004, Genworth became a publicly traded company in the largest initial public offering ([[IPO]]) of 2004.<ref>{{cite web|title=DIGITAL DOMAIN; Google Shmoogle. The Biggest I.P.O's Went Unnoticed|date=29 August 2004|publisher=[[New York Times]]|url=https://www.nytimes.com/2004/08/29/business/digital-domain-google-shmoogle-the-biggest-ipo-s-went-unnoticed.html|accessdate=27 October 2014}}</ref>
GE sold its remaining stake in the company in 2006 for an estimated $2.8 billion.<ref>{{cite web|title=GE Sells Remaining $2.8 Billion Genworth Stock|date=27 February 2006|publisher=[[Bloomberg L.P.|Bloomberg]]|url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3tIZoOntJLc&refer=us|accessdate=27 October 2014}}</ref> In 2007, another GE Capital insurance company, [[First Colony Life Insurance Company]], merged with Genworth Life and Annuity Assurance Company, one of the entities within Genworth Financial, Inc, also in 2007, Sun Life Financial bought the Employee Benefits Group (EBG) of Genworth Financial, putting Sun Life Financial on the top market for Employee Benefits programs. As of December 31, 2011, Genworth Financial, Inc. had more than 15 million customers in more than 25 countries.<ref>{{cite web|title=Profile: Genworth Financial Inc (GNW)|url=https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GNW|publisher=[[Reuters]]|accessdate=27 October 2014}}</ref>
In 2009, Genworth held an IPO for its Canadian subsidiary, Genworth MI Canada, on the Toronto Stock Exchange, raising $850 million.<ref name=":0">{{Cite news|url=https://www.theglobeandmail.com/globe-investor/genworth-launches-massive-tsx-offering/article1199702/|title=Genworth launches massive TSX offering|last=|first=|date=2009-06-30|work=The Globe and Mail|access-date=2018-02-08|archive-url=|archive-date=|dead-url=}}</ref>
On April 1, 2013, Genworth announced the completion of a legal entity reorganization, with the result being the creation of a new ultimate holding company. This restructuring separated the U.S. mortgage insurance subsidiaries from the overall firm.<ref>{{cite press release|title=A.M. Best Revises Outlook to Stable for Genworth Financial, Inc. and Its Key Life/Health Subsidiaries |date=24 May 2013|publisher=[[A.M. Best]]|url=http://www.dailyfinance.com/2013/05/24/am-best-revises-outlook-to-stable-for-genworth-fin/|accessdate=17 September 2013}}</ref>
On October 24, 2016, [[China Oceanwide Holdings Group]] agreed to buy Genworth Financial Inc. for $2.7 billion.<ref>{{cite news
| last =Carew
| first =Rick
| date =January 19, 2017
| title =China Oceanwide Consortium Clinches Deal to Buy International Data Group
| newspaper=The Wall Street Journal
| publication-place =New York
| url =https://www.wsj.com/articles/china-oceanwide-consortium-clinches-deal-to-buy-international-data-group-1484883893
| accessdate =January 22, 2017}}</ref><ref>https://www.sec.gov/Archives/edgar/data/1276520/000119312516744407/d275076dex991.htm</ref>
==Products and services==
[[Life insurance]] was the company’s first product. As of December 2013, Genworth Life and Annuity Insurance Company and Genworth Life Insurance Company had over $728 billion insurance in force.<ref>{{cite web|title=Buying life insurance: It starts here.|access-date=17 October 2014|publisher=Genworth Financial|url=http://www.genworth.com/products/life-insurance/about-genworth.html}}</ref>
Genworth Financial offers a range of products and services, including long-term care insurance and mortgage insurance. The long-term care business provides individual long-term care insurance, group long-term care insurance for employers offering benefits to employees, and caregiver support services.<ref>{{cite web|title=Long Term Care|date=13 November 2014|publisher=Genworth Financial|url=http://www.genworth.com/products/long-term-care.html|accessdate=4 December 2014}}</ref>
Prior to 2016, the company offered term life insurance, whole life insurance, [[universal life insurance]], and index universal life insurance, as well as [[Annuity (US financial products)|annuities]], including fixed immediate annuities, traditional fixed deferred annuities, and fixed index annuities.<ref>{{cite web|title=Prospectuses|date=28 August 2014|publisher=Genworth Financial|url=http://www.genworth.com/products/annuity/prospectuses.html|accessdate=4 December 2014}}</ref><ref>{{cite web|title=Life insurance types and options|date=29 September 2013|publisher=Genworth Financial|url=http://www.genworth.com/products/life-insurance/types-of-life-insurance.html#tab4-tab|accessdate=4 December 2014}}</ref> In 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff.
==Securities fraud lawsuits==
On April 14, 2014, a class action lawsuit was commenced the United States District Court for the Southern District of New York against Genworth for "disseminating false and misleading statements to the investing public." <ref>Complaint http://www.classactionsnews.com/sites/default/files/pdfs/Genworth%20Financial%20Securities%20Fraud%20Class%20Action%20Complaint.pdf</ref> Another lawsuit was brought in the United States District Court for the Eastern District of Virginia on behalf of investors. On March 14, 2016, the [[Alberta Investment Management Corporation]] and the Fresno County Employees' Retirement Association reached an agreement in principle to recover US$219 million.<ref>{{cite web|url=http://newsroom.genworth.com/2016-03-11-Genworth-Announces-Settlement-Of-Securities-Class-Action-Lawsuit|title=Genworth Announces Settlement Of Securities Class Action Lawsuit|website=Genworth Financial, Inc. Newsroom}}</ref> The lawsuit alleged that Genworth and certain senior executives made false and misleading statements about Genworth's long-term care insurance business and the company's financial statements between October 30, 2013 and November 5, 2014.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/aimco-secures-219-million-recovery-in-genworth-571964161.html|title=AIMCo Secures $219 Million Recovery in Genworth|publisher=Alberta Investment Management Corp. }}</ref>
== Genworth MI Canada ==
Genworth MI Canada is the Canadian partially-owned subsidiary of Genworth Financial. It is the largest private-sector residential mortgage insurer in Canada (second largest overall, after the [[Canada Mortgage and Housing Corporation|Canadian Mortgage and Housing Corporation]]).<ref>{{Cite news|url=https://www.theglobeandmail.com/report-on-business/genworth-hit-hard-by-new-mortgage-insurance-rules/article35860703/|title=Genworth hit hard by new mortgage-insurance rules|last=|first=|date=2017-08-01|work=The Globe and Mail|access-date=2018-02-08|archive-url=|archive-date=|dead-url=}}</ref> Genworth MI Canada is listed on the [[Toronto Stock Exchange]], but is majority owned by its US parent.<ref name=":0" />
==References==
{{Reflist|2}}
==External links==
* [https://www.genworth.com Genworth Home Page]
{{General Electric}}
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Financial services companies of the United States]]
[[Category:Insurance companies of the United States]]
[[Category:Financial services companies established in 2004]]
[[Category:Former General Electric subsidiaries]]
[[Category:Companies based in Richmond, Virginia]]
[[Category:Life insurance companies of the United States]]
[[Category:Companies based in Stamford, Connecticut]]
[[Category:2004 initial public offerings]]
[[Category:Corporate spin-offs]]
