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September 05, 2015 5:29 AM ET


Company Overview of Genworth Life and Annuity Insurance Company

Company Overview

Genworth Life and Annuity Insurance Company operates as a stock life insurance company in the United States. It operates in two segments: Retirement Income and Institutional, and Protection. The Retirement Income and Institutional segment offers various forms of wealth accumulation, income distribution, and institutional investment products, which principally comprise fixed and variable deferred and immediate individual annuities, and group variable annuities. Its variable annuities include a guaranteed minimum death benefit; group and individual variable annuity products comprise guaranteed minimum benefit features, such as guaranteed minimum withdrawal benefits and guaranteed annuitization...

6610 West Broad Street

Richmond, VA 23230

United States



Key Executives for Genworth Life and Annuity Insurance Company

Chairman of the Board, Chief Executive Officer, President and Member of Capital & Risk Committee
Age: 60
Chief Financial Officer and Senior Vice President
Age: 46
Senior Vice President and Director
Age: 61
Principal Accounting Officer, Vice President and Controller
Senior Vice President, Secretary, General Counsel and Member of Capital & Risk Committee
Age: 59
Compensation as of Fiscal Year 2015.

Genworth Life and Annuity Insurance Company Key Developments

Genworth Financial Reportedly Seeks Buyers For Life And Annuity Unit

Genworth Financial, Inc. (NYSE:GNW) is seeking buyers for a life and annuity unit, according to people familiar with the matter. Genworth with The Goldman Sachs Group, Inc. (NYSE:GS) on a sale of Genworth Life and Annuity Insurance Company (GLAIC), said the people, who asked not to be identified because the matter isn’t public. Genworth will consider selling GLAIC in parts if it can’t find a buyer for the entire unit, two of the people said. Al Orendorff, a spokesman for Genworth declined to comment, as did Leslie Shribman, a spokeswoman for Goldman Sachs, reported Bloomberg.

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