Genworth Life Insurance Company Of New York

Genworth Financial is a financial services company that is headquartered in Richmond, Virginia. The firm was originally founded as The Life Insurance Company of Virginia in 1871, in Petersburg, Virginia. Over the years, the company has grown and expanded its product offerings to include life insurance, long-term care insurance, mortgage insurance, and annuities. The company was incorporated as Genworth Financial, Inc. on October 23, 2003, and became a public company in May 2004. Over the years, Genworth Financial has undergone several acquisitions and sales, including being acquired by Combined Insurance in 1986 and GE Capital in 1996. In 2007, another GE Capital insurance company, First Colony Life Insurance Company, merged with the company’s life insurance division. In 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff.