RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Genworth Financial Inc. (GNW) on Wednesday reported a loss of $212 million in its fourth quarter.
On a per-share basis, the Richmond, Virginia-based company said it had a loss of 47 cents. Losses, adjusted for non-recurring gains, were 51 cents per share.
The financial services company posted revenue of $1.91 billion in the period. Its adjusted revenue was $1.87 billion.
For the year, the company reported profit of $76 million, or 16 cents per share. Revenue was reported as $7.47 billion.
The Kaiser Family Foundation (KFF) – Discussion
Lawsuit over Shearer's Foods fire in Oregon seeks $90M
Advisor News
- Americans aren’t turning retirement plans into action, LIMRA finds
- Ashley Hinson ‘death tax’ story collides with truth
- How advisors can prepare clients for an uncertain retirement landscape
- Investors aren’t waiting out uncertainty
- Transamerica and Advo(k)ate Advisors launch pooled employer plan
More Advisor NewsAnnuity News
- California teachers settle class-action lawsuit over in-plan annuity fees
- Jackson Financial CEO caps 40-year career with blockbuster Q2
- Lumos Insurance introduces the Immediate Care Plan to help families fund long-term care
- NAIC regulators begin consensus phase on annuity illustration overhaul
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
More Annuity NewsHealth/Employee Benefits News
- AHF Optimistic About New Senate Bill to Protect 340B Program from Greedy PhRMA and Health Insurers
- Why Gen Z turns everything – even murder – into a joke
- California nearly achieved universal health care. Now, millions are losing coverage.
- Vote delayed on school employee health plan
NJ school employees' health care plan vote delayed amid 34% rate hike
- Financial planning could solve the looming Medicaid disaster
More Health/Employee Benefits NewsLife Insurance News
- ‘Uniquely positioned’: Equitable outlines future post-Corebridge merger
- Don't keep checks with clerical errors
- The insurance distributor that builds its own software will win the next decade
- iA Financial Group Reports Second Quarter Results
- Supporting small businesses starts with smarter benefits conversations
More Life Insurance News