(Bloomberg) -- Genworth Financial Inc. has lost 44 percent of its value since reporting a reserve shortfall in November. That’s set up a test for Chief Executive Officer Tom McInerney when the insurer reports fourth-quarter results later Tuesday.
The CEO has to convince investors that the company has figured out the size of the hole at the long-term care coverage business, and that the gap won’t keep growing, overwhelming the insurer’s other businesses.
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