...March 11, 2022 - Genworth Financial Inc. has significantly reduced leverage on its balance sheet in the past 12 months, resulting in improved financial flexibility and alleviated liquidity risk. - We therefore raised our issuer credit rating on Genworth to 'B+' from 'B'. - The positive outlook reflects our view that Genworth's financial profile could further improve, supported by regular dividend flows from its main U.S. mortgage insurance operations. CENTENNIAL (S&P Global Ratings) March 11, 2022--S&P Global Ratings said today it raised its long-term issuer credit ratings on Genworth Financial Inc. and Genworth Holdings Inc. to 'B+' from 'B'. The outlook is positive. At the same time, we affirmed our '###' financial strength and issuer credit ratings on Enact Mortgage Insurance Corp. (EMICO). We also affirmed our '##' issuer credit rating on Enact Holdings Inc. (EHI). The outlook remains positive. The upgrade reflects Genworth's considerably improved financial flexibility, which also alleviated...
