Thursday, February 19, 2009
Fitch Cuts Ratings On Genworth Life Insurance Companies
Fitch Ratings said late Tuesday it downgraded the insurer financial strength ratings of Genworth Financial Inc.'s life insurance companies to A- from A+. The outlook is negative. "Today's rating action reflects Fitch's updated view of the life companies' statutory capitalization, investment exposure, and liquidity and financial flexibility, which have recently improved but may be negatively impacted by further deterioration in the financial markets," the rating agency said in a statement...
FoxBusiness: Fitch Cuts Ratings On Genworth Life Insurance Companies
FoxBusiness: Fitch Cuts Ratings On Genworth Life Insurance Companies
Permalink posted by markw @ 4:57 AM 
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