General Electric Capital Assurance Company is now...
In 2003 GE Life and Annuity Assurance Company became part of the Genworth Financial group. Genworth Financial is a Fortune 500 company founded in 1871 as The Life Insurance Company of Virginia. Genworth Financial offers a range of services and products including long term care insurance, annuities, life insurance and mortgage insurance. Today they have more than 15 million customers residing in over 25 different countries. The company has a presence in all 50 states. They have over $100 billion in assets.
Genworth offers many of the traditional life insurance company offerings like term life, whole life, universal life, survivorship life insurance, and single premium immediate annuities. They also have many retirement and senior-geared products like reverse mortgages, Medicare supplements and long term care insurance.
Genworth has a well-diversified offering of products that really stand out from other insurers and provide a well rounded asset protection and growth platform. From non-traditional products like reverse mortgages to the more traditional (but uncommon amongst insurers) mutual fund, ETF and privately managed accounts.
The ratings of the companies owned by Genworth Financial range from A+ to BBB- according to their 2014 report.
The American headquarters of Genworth Financial, 6620 West Broad Street, Bldg. 4, 3rd Floor, Richmond, VA 23230.
* The information provided is believed, but not guaranteed, to be accurate.