Commercial And Military Flight Simulation - Global Strategic Business Report
- Language: English
- 774 Pages
- Published: October 2012
- Region: World
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Genworth Financial Mortgage Insurance Pty Ltd. Oct 07
Genworth Financial Mortgage Insurance Pty Ltd. Oct 07
- Published: October 2007
- Standard & Poors
Abstract
Core business operation of Genworth Financial Inc. Leading market position and franchise in Australia Very strong capitalization Solid earnings performance Concentration in business lines Business growth dependent on prevailing economic conditions The insurer financial strength ratings on Genworth Financial Mortgage Insurance Pty Ltd. (GFMI; AA/Stable/--) reflects the company's operational integration with its U.S.-based sister company, Genworth Mortgage Insurance Corp. (GMIC; AA/Stable/--), and ultimate ownership by Genworth Financial Inc. (Genworth; A/Stable/A-1). On a stand-alone basis, the rating on GFMI benefits from the company's leading market position, very strong capitalization, and solid earnings track record. Offsetting these factors is the concentrated suite of lenders' mortgage insurance (LMI) products that rely on the performance of the home loan market and the prevailing economic...
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine
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