Moody's withdraws financial strength rating of Genworth Australia

Rating agency Moody's has withdrawn the Baa1 insurance financial strength rating of Genworth Financial Mortgage Insurance (Genworth Australia) due to "insufficient information".

Genworth Financial Mortgage Insurance, based in Sydney, Australia, is a subsidiary of US financial services company Genworth Financial.

At the time of the withdrawal, the rating outlook was stable.

Moody's said it has decided to withdraw the rating because it believes it has insufficient or otherwise inadequate information to support the maintenance of the rating.

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