Outlook On Genworth Australia Revised To Negative Following Downgrade Of Genworth Group?s Core Life Insurance Companies - S&P Global Ratings’ Credit Research

Outlook On Genworth Australia Revised To Negative Following Downgrade Of Genworth Group?s Core Life Insurance Companies

Outlook On Genworth Australia Revised To Negative Following Downgrade Of Genworth Group?s Core Life Insurance Companies - S&P Global Ratings’ Credit Research
Outlook On Genworth Australia Revised To Negative Following Downgrade Of Genworth Group?s Core Life Insurance Companies
Published Oct 11, 2012
1281 words — Published Oct 11, 2012
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About This Report

  
Abstract:

MELBOURNE (Standard&Poor's) Oct. 12, 2012--Standard&Poor's Ratings Services said today that it has revised its outlook on Genworth Financial Mortgage Insurance Pty Ltd. (Genworth Australia) and Genworth Financial Mortgage Insurance Pty Ltd. (NZ Branch) (Genworth New Zealand) to negative. At the same time, we have affirmed the 'AA-' financial strength and issuer credit ratings on Genworth Australia, and 'AA-' financial strength rating on Genworth New Zealand. We also affirmed the 'A-' financial strength and issuer credit ratings on Genworth Financial Mortgage Indemnity Ltd. (New Zealand Branch) (Genworth Indemnity) with a stable outlook. The lowering of the ratings on U.S.-based Genworth Group's core life insurance companies (GLIC; A-/Stable) (see Research Update: "Genworth Financial Inc. Downgraded To 'BBB-'; Outlook

  
Brief Excerpt:

RESEARCH Outlook On Genworth Australia Revised To Negative Following Downgrade Of Genworth GroupaÇÖs Core Life Insurance Companies Publication date: 11-Oct-2012 Primary Credit Analyst: Lucy L Huynh, CFA, Melbourne (61) 3-9631-2175;...

  
Report Type:

Ratings Action

Ticker
GNW
Issuer
Genworth Financial Mortgage Insurance Pty Ltd.
GICS
Property & Casualty Insurance (40301040)
Sector
Global Issuers , Structured Finance
Country
Australia
Region
United States
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Outlook On Genworth Australia Revised To Negative Following Downgrade Of Genworth Group?s Core Life Insurance Companies" Oct 11, 2012. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Outlook-On-Genworth-Australia-Revised-To-Negative-Following-Downgrade-Of-Genworth-Group-s-Core-Life-Insurance-Companies-1022638>
  
APA:
S&P Global Ratings’ Credit Research. (). Outlook On Genworth Australia Revised To Negative Following Downgrade Of Genworth Group?s Core Life Insurance Companies Oct 11, 2012. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Outlook-On-Genworth-Australia-Revised-To-Negative-Following-Downgrade-Of-Genworth-Group-s-Core-Life-Insurance-Companies-1022638>
  
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