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BRIEF-Genworth completes statutory cash flow testing for 2016
February 27, 2017 / 9:48 PM / 7 months ago

BRIEF-Genworth completes statutory cash flow testing for 2016

Feb 27 (Reuters) - Genworth Financial Inc

* Genworth completes statutory cash flow testing for 2016 and provides New York regulatory update for the proposed China Oceanwide acquisition of Genworth

* Genworth financial - 2016 long term care insurance (ltc) statutory margins were modestly lower relative to 2015 in genworth life insurance co (glic)

* Genworth financial -2016 ltc statutory margins for genworth life insurance co of New York (glicny) resulted in negative margin of about $400 million, after reflecting pads

* Genworth financial inc says consolidated U.S. Life Insurance company RBC ratio of glic was 329 percent as of year end 2016 Source text for Eikon: Further company coverage:

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