Our Journey
Since our inception, Genworth has taken many forms, evolving and growing into today's global financial security company.
In Australia, we have emerged from HLIC, a government entity, to GE, one of the world's most innovative companies, and then to Genworth.
The world today - and tomorrow - offers Genworth the enormous opportunity to leverage our strengths, expand our product reach and build a truly global financial security company.
Genworth - historical time line
2011
- Genworth launches its inaugural International Mortgage Trends report, featuring borrower sentiment from eight countries across four continents.
2010
2008
- Genworth writes first PPI policy in Latvia, Lithuania and Estonia
- Genworth Australia processed its 3000th request for hardship
2007
- Genworth begins operations in Mexico
- Genworth writes first LMI policy in Korea, Turkey and Germany
- Genworth reaches 13 million PPI/Life policy holders worldwide
2006
- Genworth writes first LMI policy in Finland
2005
- Genworth writes first LMI policy in Japan
2004
- GE sells its LMI businesses globally, and Genworth is born through the largest IPO of the year on the New York Stock Exchange
- Genworth emerges with operations in the U.S, U.K, Ireland, Spain, Sweden, Portugal, Italy, Canada, Australia and New Zealand
1997
- GE purchases HLIC from the Australian Government and begins GE Mortgage Insurance Co in Australia
1965
- Housing Loans Insurance Corporation (HLIC) started by the Australian Government
We're confident we have the right vision and strategy, a solid financial foundation and sound risk disciplines to help us take on the challenges in today's markets, while seizing new opportunities.