Genworth Financial Inc. 'BB-' Ratings Affirmed On Revised Capital Model Criteria; Outlook Remains Stable

On Nov. 15, 2023, we published our revised criteria for analyzing insurers' risk-based capital (see "Insurer Risk-Based Capital Adequacy--Methodology And Assumptions"). We affirmed our ratings on Genworth Financial Inc. (Genworth) and Genworth Holdings Inc. The stable outlook on the ratings reflects our view that Genworth will sustain its underwriting performance and capitalization and that its risk profile won't change materially. ENGLEWOOD (S&P Global Ratings) Feb. 27, 2024--S&P Global Ratings affirmed its 'BB-' long-term issuer credit ratings on Genworth Financial Inc. and Genworth Holdings Inc. The outlook remains stable. The implementation of our revised criteria for analyzing insurers' risk-based capital supports our view that the Genworth group maintains a satisfactory capital position. The stable outlook reflects our expectations that Genworth will

...February 27, 2024 - On Nov. 15, 2023, we published our revised criteria for analyzing insurers' risk-based capital (see "Insurer Risk-Based Capital Adequacy--Methodology And Assumptions"). - We affirmed our ratings on Genworth Financial Inc. (Genworth) and Genworth Holdings Inc. - The stable outlook on the ratings reflects our view that Genworth will sustain its underwriting performance and capitalization and that its risk profile won't change materially. ENGLEWOOD (S&P Global Ratings) Feb. 27, 2024--S&P Global Ratings affirmed its '##-' long-term issuer credit ratings on Genworth Financial Inc. and Genworth Holdings Inc. The outlook remains stable....

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