After a disappointing few weeks having lost out on government bailout funds as a result of being bounced from the Tarp program, Genworth Financial finally received some positive news. Standard & Poor's Ratings Services (S&P) has rated Genworths main lifestyle protection insurance entities A-, following the completion of a financial strength rating assessment.
The ratings given to the two UK-registered entities, Financial Insurance Co. Ltd. and Financial Assurance Co. Ltd., indicate that both have strong financial security characteristics. S&P says the outlook on both companies is stable.
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