SCOR Global Life Americas (SGLA), a reinsurance solutions provider, has appointed Scott Boug as senior vice president for Financial Solutions and deputy head of SCOR Global Life Financial Solutions. Scott will lead the structuring ...
Genworth Financial has expanded its family of SecureLiving Fixed Index Annuities with the launch of SecureLiving Index 5, a five-year, single premium fixed deferred annuity. The new annuity assures 104% of the premium at the end of the ...
Genworth Financial has debuted its first Index Universal Life (IUL) insurance product, which integrates a death benefit with tax-deferred cash accumulation and an optional Accelerated Benefit Rider for Long Term Care Services. With a ...
Tags: Life Insurance, Genworth Financial
General Electric (GE) is reportedly considering sale of its Australia-based insurance business, GE Capital Insurance, in an effort to adjust its Australian portfolio, a source familiar with the deal has revealed. The source was quoted by ...
Genworth Financial has reported net income of $103m, or $0.21 per diluted share, compared to $46m, or $0.09 per diluted share, during the first quarter last year. Net operating income was $151m, or $0.30 per diluted share, against $17m, ...
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Genworth US Mortgage Insurance (USMI), a unit of Genworth Financial (GNW), has introduced a redesigned Commitment/Certificate of Insurance, to help customers to easily understand information about their mortgage insurance. The document ...
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Genworth Financial is planning to suspended sale of its individual long term care insurance products, California Choice and Choice Partnership, in California, US, effective from 21 March 2013. The temporary suspension follows the ...
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Genworth Financial has reported net income of $166m, or $0.34 per diluted share for the fourth quarter of 2012, compared to $142m, or $0.29 during the same period previous year. Net operating income stood at was $167m, or $0.34 per ...
Genworth Financial has appointed Michael Derstine as the new chief risk officer (CRO) for its US Mortgage Insurance (USMI) unit, effective from 03 January 2013. Derstine joins Genworth from Republic Mortgage Insurance Company (RMIC), ...
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Genworth Financial, a life and mortgage insurer, has agreed to pay a sum of $2.25m to its former chief executive Michael Fraizer, as part of an separation agreement. Fraizer, who has been associated with the firm since 2004, stepped down ...
Northwestern Mutual Life Insurance has appointed Ron Joelson as its new chief investment officer. Joelson, who is currently the chief investment officer of Genworth Financial, will succeed Mark Doll, who retires on 30 June 2012 following ...
Genworth Financial has reported a net income of $76m, or $0.16 diluted earnings per share, for the second quarter of 2012, compared to a net loss of $136m, or $0.28 diluted loss per share, for the same period in 2011. The total revenues ...
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Genworth Financial has appointed Daniel Sheehan IV as senior vice president and chief investment officer, effective from 30 April 2012. Sheehan will report to Genworth chief executive officer and chairman Michael Fraizer and will assume ...
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Genworth Financial has named Martin Klein as its acting chief executive officer and James Riepe as non-executive chairman of the Board, following the resignation of its current chief executive officer Michael Fraizer. Riepe said Fraizer ...
Tags: Genworth Financial, Martin Klein, director board, executive officer