WebJan 1, 2024 · Mon 04 May, 2024 - 10:38 AM ET. Fitch Ratings - Chicago - 04 May 2024: Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of Genworth Life Insurance Company (GLIC) and Genworth Life Insurance Company of New York (GLICNY) to 'CCC' from 'CCC+'. Simultaneously, Fitch also affirmed the 'B' IFS rating of Genworth … WebMay 2014: Genworth raised $545 million by selling a stake in its Australian mortgage insurer. March 2, 2015: Genworth reported a material weakness in its accounting for long-term care coverage ...
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