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In October 2016, China Oceanwide Holdings Group agreed to buy the company for $2.7 billion.
Genworth understands these challenges and has designed products and services to help physicians and their families confidently navigate their financial futures. Genworth Life and Annuity Insurance Company underwrite Genworths life insurance policies, an A+ rated insurer by Standard Poors.
If you have policy/contract specific inquiries, you may contact us at: 888 GENWORTH (888.436. 9678), Monday Thursday: 8:30 AM 6 PM ET, Friday: 9 AM 6 PM ET.
The average price target for Genworth Financial Inc is $8.50. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $8.50 ,the lowest forecast is $8.50. The average price target represents 22.66% Increase from the current price of $6.93.
Genworths filings say the company has been selling long-term care insurance for decades. In 2023, it suffered an operating loss of $242 million on its policies because of higher claims and the timing of some legal settlements.
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In the suit against Genworth, known as the Haney case, policyholders contended that when the company began raising their premiums in 2013, it failed to inform them that it also planned to raise rates substantially in the future information that could have influenced their decision to continue paying for coverage.
Online: You may log in to view current policy information. Please note that Variable Universal Life is not available online. Phone: You may call us at 888 GENWORTH (888.436.9678) to speak with a Life Customer Service Representative to discuss available options.

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