Genworth sees moderate U.S. mortgage losses in '08
Story date: 2008-02-08 06:22:00
Added on: 2008-02-09 23:00:26
Forbes - ... it recorded net investment losses of $134 million in the fourth quarter, including a significant level of impairments from subprime and Alt-A residential mortgage and asset-backed securities. Captive reinsurers are formed solely to provide insurance ...
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