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» Genworth MI Unit Sees $10 Million Drop In New Insurance, 9% Drop in Earnings
Genworth MI Unit Sees $10 Million Drop In New Insurance, 9% Drop in Earnings
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In its first ever quarterly earnings report since its initial public offering, Genworth Financial announced profits rose 9 percent from the same period last year, but the boost in income didn’t come from its U.S. mortgage insurance segment.