Genworth Life Insurance NY
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Data for Year-End 2009 from the life insurance companies' statutory annual statements. All dollar amounts are in thousands. All ratings shown are
current as of July 01, 2010.
Presented by: Michelle Lauritzen, 3700 Embassy Drive, Akron, OH 44333 Phone: 330-576-1100 Email: michellel@buaweb.com
Group Affiliation: Genworth Financial Group
Address: 666 Third Avenue 9th Floor
New York NY 10017
Phone: 212-895-4137
Ratings
A.M. Best Company(Best's Rating, 15 ratings) A (3)
Standard & Poor's(Financial Strength, 20 ratings) A (6)
Moody's(Financial Strength, 21 ratings) A2 (6)
Fitch Ratings(Financial Strength, 21 ratings) A- (7)
TheStreet.com(Safety Rating, 16 ratings) C (8)
Comdex(Percentile in Rated Companies) 79
Invested Assets
Total Invested Assets 5,711,604
Bonds - 81.6% Stocks - 0.7%
Mortgages - 14.1% Real Estate - 0.0%
Policy Loans - 0.5% Cash & Short-Term - 2.0%
Other - 1.1%
81.6%
14.1%
2.0%
Non-Performing Assets
Bonds In or Near Default 2.0%
Problem Mortgages 0.0%
Real Estate Acquired by Foreclosure 0.0%
Total Non-Performing Assets/Surplus & AVR 2.0%
As a Percent of Invested Assets 0.1%
Income & Earnings
Total Income 698,315
Net Premiums Written 340,036
Earnings Before Dividends and Taxes 96,776
Net Operating Earnings 104,870
Domicile: NY
NAIC Number: 72990
Year Established: 1988
Company Type: Stock
Assets & Liabilities
Total Admitted Assets 7,218,410
Total Liabilities 6,788,897
Separate Accounts 1,345,909
Total Surplus & AVR 433,505
As % of General Account Assets 7.4%
Investment Yields
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
2005 Yields - 5.80% 2006 Yields - 5.85%
2007 Yields - 5.82% 2008 Yields - 5.76%
2009 Yields - 5.58%
5 Year Average 5.76%
Bond Quality
Class 1 Highest - 60.2% Class 2 Higher - 29.8%
Class 3 Medium- 8.0% Class 4 Low - 1.3%
Class 5 Lower - 0.5% Class 6 In or Near Default - 0.2%
60.2%
29.8%
8.0%