MarketLine Company Profile: Genworth Financial Inc.

GENWORTH Financial Inc.; FINANCIAL services industry; INSURANCE companies

Genworth Financial (Genworth) is engaged in providing insurance, investment and financial solutions. The company offers life insurance services, long-term care insurance services, fixed annuities, mortgage insurance services, protection insurance services, financial planning services and retirement income services. The company operates in Asia, Americas and Europe. It is headquartered in Richmond, Virginia and employs around 5,000 people. The company recorded revenues of $9,403 million in the fiscal year ended December 2013, a decrease of 2.5% compared to 2012. The company's operating profit was $1,050 million in fiscal 2013, an increase of 73.3% over 2012. Its net profit was $560 million in fiscal 2013, an increase of 72.3% over 2012. [ABSTRACT FROM AUTHOR]

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