Genworth Financial (GNW)

Overall impact
C (46)

Commentary

Genworth Financial is an average overall performer. With a 'C' rating of 46.4 for overall impact (34th percentile compared to all companies), Genworth Financial ranks 34th out of 43 industry peers, behind Metlife, Primerica, Federal Life and 30 others, and ahead of FBL Financial, Meiji Yasuda Life Insurance, Brighthouse Financial and 6 others. On top material causes for Genworth Financial's industry (Insurance), Genworth Financial performs poorly in Affordable, Safe Housing (39.4 score), Accountable Institutions (38.8), Access to Affordable Healthcare (34.0) and 6 other causes where it received a 'D' or 'F' score. Genworth Financial did not receive an 'A' rating on any cause.
Impact
Cause GNW
Peer rank
Overall impact

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Impact trend

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Company
Founded
1870
Employees
2,700
Sector
Financials
Industry
Insurance
Sub-industry
Life & Health Insurance
SASB industry
Insurance
Headquarters
Va, United States
Share classes
GNW
Mission
Focused on helping our customers navigate caregiving options, protect and grow their retirement income, and prepare for the financial challenges that come as we age. We're here to be a trusted ally for everybody who needs care as they age and anybody who loves them.
Description
Genworth Financial, Inc., together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The Long-Term Care Insurance segment offers long-term care insurance products that are intended to protect against the significant and escalating costs of long-term care services provided in the insured's home, assisted living, and nursing facilities. The Life and Annuities segment provides protection and retirement income products, that includes traditional and non-traditional life insurance, such as term, universal and term universal life insurance, corporate-owned life insurance, and funding agreements; fixed annuities; and variable annuities. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia.
Material causes
Ethos considers the following causes material for Genworth Financial, based on its industry sub-industry Life & Health Insurance. Learn more about material causes in our methodology overview.

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