Is Genworth writing new LTC policies?
Is Genworth writing new LTC policies?
“And we have a new Genworth insurance company, which will only write new business and will not have any legacy LTC business.” The new Genworth insurer will likely retain 25% of the risk associated with the new LTC policies sold and reinsure 75% with the A-plus-rated reinsurer, McInerney said. Feb 2, 2022