genworth financial inc-cl a (GNW) Key Developments
AXA In Talks To Acquire LPI
Jul 22 15
AXA Group (ENXTPA:CS) is in exclusive talks to acquire Genworth Lifestyle Protection Insurance (LPI). AXA intends to acquire LPI for EU 475 million. Genworth Financial, Inc. (NYSE:GNW) said in a statement that it expected to accept the offer for the unit.
US Pension Fund New Bedford Contributory Retirement System Joins Class Action Against Genworth Financial
May 25 15
US pension fund New Bedford Contributory Retirement System has joined a class action against Genworth Financial, alleging the US giant misled shareholders over the outlook of its Australian insurance arm's initial public offering. The much-publicised partial float of Genworth's Australian lender's mortgage insurance division was put on hold three years ago due to losses from higher claims and delinquencies, before it was finally executed last May. Some institutional investors, including US pension fund Hialeah Employees' Retirement System, started a class action against Genworth last year - alleging the company misled shareholders over the outlook of its Australian
unit, before shocking the market when it put the float on ice in 2012. Legal documents filed in New York last month showed another pension fund, New Bedford Contributory Retirement System, has joined the fight as a new lead plaintiff against Genworth. The two investors argue the company ‘deceived the investing public regarding Genworth's operation and business, and the true value of Genworth's securities’.
Genworth Financial, Inc. Presents at REITWEEK 2015: NAREIT's Investor Forum, Jun-09-2015
May 21 15
Genworth Financial, Inc. Presents at REITWEEK 2015: NAREIT's Investor Forum, Jun-09-2015 . Venue: New York Hilton Midtown, 1335 Avenue of the Americas, New York, NY 10019, United States.
Genworth Financial, Inc. - Shareholder/Analyst Call
May 7 15
Genworth Financial, Inc. Presents at Keefe, Bruyette, & Woods Mortgage Finance Conference, Jun-02-2015 02:25 PM
May 1 15
Genworth Financial, Inc. Presents at Keefe, Bruyette, & Woods Mortgage Finance Conference, Jun-02-2015 02:25 PM. Venue: Millennium Broadway Hotel, 145 West 44th Street, New York, New York, United States. Speakers: Rohit Gupta, President of U.S. Mortgage Insurance.