Genworth Financial Archives - Carrier Management

Genworth Brings Back IPO Plans for Mortgage Insurance Unit; Goal of $3B Valuation

Genworth Financial Inc on Monday revived plans for an initial public offering (IPO) of Enact Holdings, aiming for a valuation of more than $3 billion for its mortgage insurance unit, according to a ...

Genworth Financial Defers Mortgage Unit IPO, Citing Trading Volatility

Insurer Genworth Financial Inc said on Thursday it had deferred the initial public offering of its mortgage insurance unit, Enact Holdings, citing significant trading volatility in the sector. ...

AmTrust Completes $55M Purchase of Genworth Financial’s Mortgage Insurance Division

AmTrust Financial Services has concluded yet another acquisition, this time in the mortgage insurance realm. The New York City-based multinational insurance company recently completed its purchase of ...

French Insurer AXA Wants to Buy Genworth’s Lifestyle Protection Arm

Axa SA is in exclusive talks with Genworth Financial Inc. to buy its lifestyle protection insurance business for 475 million euros ($520 million) to create the third-biggest player in the European ...

Genworth May Go Private and is Open to Selling Long-Term Care Unit

Life and mortgage insurer Genworth Financial Inc is considering going private and would be open to selling its long-term care insurance unit, among other strategic options, Chief Executive Tom ...

Genworth Mortgage Insurance IPO Soars in Australia

Shares in home-loan insurer Genworth Mortgage Insurance Australia Ltd rose 14 percent on Tuesday in an upbeat first day of trading for the country's biggest initial public offer of the year so far. ...

Private U.S. Mortgage Insurers Revitalized by Housing Pickup

As more Americans buy homes, the handful of private insurers that cover their mortgages are attracting heavyweight investors keen to profit from the nascent housing market recovery. With billionaire ...