Best's News


Best’s News & Research Service subscription required - February 05, 2016 03:59 PM (EST)

Genworth CEO: Company to Restructure, Suspend Life and Annuity Sales

Continued losses in two of its core business lines led Genworth to make the “very difficult” decision to suspend their sales and begin a company-wide restructuring, Chief Executive Officer Tom . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Mortgage Insurance Annuities Life Insurers Earnings Long-Term Care Insurance


Latest News

PEOPLE IN INSURANCE
Successor Named as Genworth Financial CEO Retires
Oct 30, 2026 05:05 PM (EDT)
EARNINGS
Arthur J. Gallagher CEO: Global Insurance Needs, Complex Risks Rise
Oct 30, 2026 05:00 PM (EDT)
EARNINGS
Hamilton Insurance Net Income Falls on Drop in Underwriting Income
Oct 30, 2026 04:41 PM (EDT)
BEST'S NEWS
Best's News: US Farm Bureau Insurers Reverse Direction – P/C Profitable, L/A Premiums Up Slightly
Oct 30, 2026 04:33 PM (EDT)
EARNINGS
Ryan Specialty CEO: Third-Quarter Net Income Climbs 40.6% During 'Challenging' Market
Oct 30, 2026 04:27 PM (EDT)

More from Best’s News


Trending

1
MERGERS AND ACQUISITIONS
UK P&I, TT Club Complete Joint Acquisition of Thomas Miller
Oct 23, 2026 02:27 PM (EDT)
2
SPECIAL REPORT
Best’s Commentary: AM Best Comments on Impact of Civil Unrest on France’s Insurers
Oct 23, 2026 04:44 PM (EDT)
3
PEOPLE IN INSURANCE
Andrew Laing, Aon's UK Reinsurance Leader, Has Died
Oct 26, 2026 05:49 PM (EDT)
4
MERGERS AND ACQUISITIONS
Everspan Agrees to Sell Shell Company Providence Washington to Marine MGA Falvey
Oct 23, 2026 12:44 PM (EDT)
5
PROPERTY AND CASUALTY INSURERS
Slide Opens Door on Major Homeowners Market, Northeast Expansion
Oct 26, 2026 02:04 PM (EDT)
AM Best TV

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html