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Watershed moment
National Flood Insurance Program sees pricing changes
Hampton Roads is besieged by hurricanes, nor’easters and full moon tidal surges, but it’s not just coastal Virginia homes and businesses that are threatened by increased flooding. “Climate change is
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Genworth completes IPO for mortgage insurance subsidiary
Genworth reaps $535M in proceeds
Published
Henrico County-based Fortune 500 insurer Genworth Financial Inc. completed the once-delayed initial public offering of its mortgage insurance subsidiary, Raleigh, North Carolina-based Enact Holdings Inc., it announced Monday. Between the
Genworth launches IPO for mortgage insurance subsidiary
N.C.-based Enact Holdings Inc. will trade on Nasdaq under 'ACT'
Published
Nearly five months after it was first announced, Henrico County-based Fortune 500 insurer Genworth Financial Inc. on Monday launched an initial public offering for its private mortgage insurance subsidiary, Raleigh,
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$2.7B Genworth acquisition is on hold
Deal is frozen; Genworth looks to possible IPO of mortgage insurance business
Published
UPDATED JAN. 5 Henrico County-based Genworth Financial Inc.’s planned $2.7 billion acquisition by China-based Oceanwide Holdings Group Co. Ltd. has been frozen. In late November, the companies announced that Oceanwide’s
Genworth completes $1.8B sale of Canadian unit
The mortgage insurance deal is part of its effort in gain approval for China Oceanwide takeover.
Published
Henrico County-based Genworth Financial Inc. has completed the sale of the majority stake in its Canadian mortgage insurance company. The sale of Genworth MI Canada Inc. to Brookfield Business Partners