Genworth agrees to pay AXA over $500m in mis-selling settlement
Moody’s downgrades Genworth’s life insurance as profits drop
Moody's withdraws financial strength rating of Genworth Australia
Moody's has downgraded the senior unsecured debt rating of Genworth Holdings to B3 from B2 and changed the outlook to "developing", having recently downgraded its insurance financial strength (IFS) ratings due to a decline in profitability and net capital generation in the near term.
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