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Genworth Financial is among the largest U.S. insurance and financial services holding companies, with an expanding international presence. With roots that go back more than a century, we launched as a new publicly traded company in 2004 with the largest IPO of the year. Already, we’re a component of the S&P 500 index of leading U.S. companies, and will be a member of the Fortune 500 when the 2005 list is announced.
Heritage
Underlying our youth as Genworth, our founding companies date to 1871, when The Life Insurance Company of Virginia wrote its first policy. During the past 135 years, we have built an extensive family of financially solid, well-respected insurance companies and distribution partnerships.
- In 1871, we wrote our first policy as
Life of Virginia
- In 1955, we sold our first fixed life
policy through independent brokerage
- In 1980, we wrote our first mortgage
insurance policy
- For 24 years, we’ve provided universal
life products
- For 30 years, we’ve provided long term
care insurance
- For 33 years, we’ve provided payment protection insurance in Europe
* Coverages available from the Genworth Financial family of companies.
Strength and stability
Genworth Financial is a global company with more than $105 billion in assets 1, employing 6,900 people in 24 countries and serving the needs of 15 million customers. Our companies have earned some of the highest company ratings in the industry, and many of our products hold leading positions in key product categories:
- No. 1 Individual Long Term Care Insurance 2 Underwritten by Genworth Life
Insurance Company and in New York by Genworth Life Insurance
Company of New York.
- No. 1 Variable Income Annuities 3 Issued by Genworth Life and Annuity
Insurance Company and in New York by Genworth Life Insurance
Company of New York.
- No. 2 Fixed Income Annuities 4 Underwritten by Genworth Life
Insurance Company and in New York by Genworth Life Insurance
Company of New York.
- No. 5 U.S. Mortgage Insurance 5 Issued by Genworth Mortgage Insurance
Corporation and Genworth Residential Mortgage Insurance
Corporation of North Carolina.
- No. 4 Term Life Insurance 6 Underwritten by First Colony Life Insurance Company, Genworth Life Insurance Company and in New York by American Mayflower Life Insurance Company of New York.
The Future
Imagine a future where home ownership is more accessible to buyers young and old. A future where individual savings grow faster, keeping pace with the needs of an aging population. Imagine a future where health care expenses in retirement are adequately funded.
That’s the future Genworth Financial is trying to build.
We’re building it with innovative retirement annuities that provide both guaranteed income and upside growth potential. And with dramatic new products that link mortgage insurance with involuntary unemployment protection, or universal life insurance with long term care insurance.
We’re building it by expanding our role as a thought leader in our industry and in the communities where we live and work. That means raising awareness, among consumers and their legislators, of the importance of seeing the future clearly and preparing for it now.
The future we see is bright, for our customers, our professional partners, and for our company.
- As of December 31, 2005
- LifePlans Survey for 2005 based upon
number of policies sold and annualized first-year premium
- VARDS for 2005 based upon total premiums
and deposits. Principal underwriter: Capital Brokerage Corporation
(dba Genworth Financial Brokerage Corporation in MN, IN, NM and
TX) - member NASD/SIPC
- LIMRA International for 2005 based upon
total premiums and deposits
- Inside Mortgage Finance for full year 2005 based upon traditional primary new
insurance written
- LIMRA International for 2005 based upon gross written premiums
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