Genworth Financial Regains Earnings Footing

Summary


RICHMOND, Va. - Genworth Financial Inc., the insurance spinoff of General Electric Co., posted a 57 percent jump in third-quarter profit, helped by a weak previous year, when steep losses hurt results.

On a pro forma basis, which allows for the insurance company's reorganization as part of its spinoff in May, operating earnings were up 30 percent.

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Extract


Genworth Financial Regains Earnings Footing

Richmond-based Genworth h...

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