Equity Research on Genworth Financial Inc. and ING Groep N.V. - Life
Insurers Struggling to Grow
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The challenging macroeconomic climate is currently taking its toll on
a number of companies in the life insurance industry. Pennywise
consumers, both at home and across the Atlantic in the Eurozone,
continue to look for ways to reduce their outgoings, and in some
cases this has meant discontinuing their life insurance. Companies
are also struggling to sign up new clients, as many currently see
life insurance as being too expensive. Get your free reports on
Genworth Financial Inc. and ING Groep N.V. at
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Quarterly life insurance results for several companies in the
industry, including Genworth Financial Inc. and ING Groep N.V., have
reflected the difficult times. In its latest quarterly report,
Genworth saw net operating income from insurance and wealth
management decline 42% year-over-year. Figures were negatively
impacted by a 36% dip in income from its U.S. Life Insurance segment.
Genworth Financial Inc. report is accessible for free by registering
ING also saw operating results from its Life Insurance and Investment
Management segment decline in year-over
-year comparisons, although
the lower results were partially due to positive non-recurring items
in the prior year's quarter. ING Groep N.V. report is accessible for
free by registering today at
The two Life Insurance stocks research reports are available for free
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