Demand Fundamentals
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Demand Technicals
Company Profile
Genworth Financial, Inc., a financial security company, provides insurance, wealth management, investment, and financial solutions in the United States and internationally. The company operates in three segments: Retirement and Protection, International, and U.S. Mortgage Insurance. The Retirement and Protection segment offers various protection products, including life, long-term care, and Medicare supplement insurance products, as well as care co-ordination services for long-term care policyholders- and wealth management and retirement income products, such as managed account programs and advisor services, financial planning services, and fixed and immediate individual annuities. The International segment provides mortgage and lifestyle protection insurance products and related services in Canada, Australia, Mexico, and European countries, as well as offers payment protection coverages. The U.S. Mortgage Insurance segment provides mortgage insurance products principally insuring prime-based, individually underwritten residential mortgage loans, known as flow mortgage insurance. This segment also offers services, analytical tools, and technology that enable lenders to operate and manage capital and risk. The company also provides institutional products consisting of funding agreements, funding agreements backing notes, and guaranteed investment contracts- and corporate-owned life insurance products. It primarily serves individual investors, institutional customers, financial institutions, mortgage originators, banks, building societies, credit unions, and mortgage managers. The company distributes its products and services through financial intermediaries, advisors, independent distributors, affinity groups, and sales specialists. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.
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