Genworth Financial Inc
NYSE:GNW

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Genworth Financial Inc
NYSE:GNW
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Price: 7.09 USD 1.58% Market Closed
Market Cap: 3B USD
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Genworth Financial Inc
Investor Relations

Genworth Financial Inc. began its journey as part of the General Electric Company before its spin-off in 2004, establishing itself as a standalone entity with a distinct mission. Its narrative is deeply rooted in providing financial security through its vast array of insurance products and services. Its primary focus resides in its leading role within the life and long-term care insurance markets. They cater to individuals seeking to safeguard their financial future with long-term care insurance addressing the rising costs of healthcare and providing peace of mind to policyholders and their families. The company effectively employs actuarial science and extensive data analysis to assess risk and set premiums, a critical part of its business model that allows it to balance payouts with revenue generation.

Genworth's profitability stems from its adept handling of insurance contracts, where it collects premiums from policyholders in exchange for coverage against various financial risks. Investment income is another crucial revenue stream, as the company invests the collected premiums, or "float," into a diversified portfolio, seeking to generate returns that support its financial commitments. This dual-income approach—rooted in both underwriting profits and investment gains—forms the backbone of Genworth's financial operations. Throughout its history, Genworth has navigated various market challenges, from interest rate fluctuations to regulatory changes, maintaining resilience by adapting its product offerings and business strategies to align with the evolving landscape of the insurance industry.

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Management

Ms. Kelly Alison Saltzgaber
Executive VP & Chief Investment Officer
No Bio Available
Mr. Gregory Scott Karawan J.D.
Executive VP & General Counsel
No Bio Available
Mr. Darren W. Woodell
VP, Controller & Principal Accounting Officer
No Bio Available
Mr. John G. Apostle II
Chief Compliance Officer
No Bio Available
Ms. Melissa Hagerman
Executive VP & Chief Human Resources Officer
No Bio Available
Mr. Robert Paul Vrolyk
Chief Actuary and Senior Vice President
No Bio Available
Ms. Andrea Lynn White
President & CEO of CareScout Insurance
No Bio Available
Mr. Mark Blakeley Hodges
Executive VP & Chief Risk Officer
No Bio Available
Ms. Jamala Murray Arland
President & CEO of U.S. Life Insurance
No Bio Available
Samir Shah
President & CEO of CareScout Services
No Bio Available

Contacts

Address
VIRGINIA
Richmond
6620 W Broad St
Contacts
+18042816000.0
www.genworth.com