AM Best Revises Outlooks to Stable for Genworth Financial Group’s Members; Affirms Credit Ratings of Genworth Financial, Inc. and Genworth Life and Annuity Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE)– #insurance–AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “b+” (Marginal) of Genworth Life Insurance Company (GLIC) (Wilmington, DE) and Genworth Life Insurance Company of New York (GLICNY) (New York, NY). These companies are referred to as Genworth Financial Group. In addition, AM Best has affirmed the FSR of B- (Fair) and the Long-Term IC

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