
"We are pleased to complete this transaction," said Michael D. Fraizer, chairman and chief executive of Genworth. "It allows us to sharpen our focus and allocate capital to opportunities which create future growth and improve returns for our shareholders."
About Genworth Financial
Genworth is a leading financial security company meeting the retirement, longevity, lifestyle protection, investment and mortgage insurance needs of more than 15 million customers, with a presence in 25 countries. For more information, visit http://genworth.com.
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