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Moody's Affirms Genworth Australia Unit Rating

Moody's said it sees the acquisition of Vero, which has been in runoff since 2003, as unlikely to have an impact on Genworth since the clienteles of both companies are of similar quality and geographi

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Moody’s Investor’s Service has affirmed the financial strength rating for Genworth Financial Mortgage Insurance, Australia, after its recent acquisition of Vero Lenders Mortgage Insurance Limited.

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