This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Genworth Financial Management Discusses Q2 2012 Results - Earnings Call Transcript

Genworth Financial (GNW)

Q2 2012 Earnings Call

August 01, 2012 9:00 am ET


Georgette Nicholas

Martin P. Klein - Acting Chief Executive Officer, Acting President, Senior Vice President and Chief Financial Officer

Patrick B. Kelleher - Executive Vice President

Kevin D. Schneider - President of U S Mortgage Insurance

Jerome T. Upton - Director and Member of Risk, Capital & Investment Committee

Buck Stinson - President of Long Term Care Operations and Vice President


Steven D. Schwartz - Raymond James & Associates, Inc., Research Division

Thomas G. Gallagher - Crédit Suisse AG, Research Division

Geoffrey M. Dunn - Dowling & Partners Securities, LLC

Jeffrey R. Schuman - Keefe, Bruyette, & Woods, Inc., Research Division

Mark Palmer - BTIG, LLC, Research Division

Suneet L. Kamath - UBS Investment Bank, Research Division



Good morning, ladies and gentlemen, and welcome to Genworth Financial's Second Quarter 2012 Earnings Conference Call. My name is Karen, and I'll be your coordinator today. [Operator Instructions] As a reminder, the conference is being recorded for replay purposes. [Operator Instructions] I would now like to turn this presentation over to Georgette Nicholas, Senior Vice President of Investor Relations. Ms. Nicholas, you may proceed.

Georgette Nicholas

Thank you, operator. Good morning, and thank you for joining us for Genworth's Second Quarter Earnings Call. Our press release and financial supplement were released last evening and earlier this morning, additional information regarding our long-term care, U.S. Mortgage Insurance and Australia mortgage insurance segment was posted to our website. We will refer to the long-term care section of these materials during the prepared remarks. Today, you will hear from 2 of our business leaders, starting with Marty Klein, our acting Chief Executive Officer and Chief Financial Officer; followed by Pat Kelleher, President and CEO of our Insurance and Wealth Management division. Following our prepared comments, we will open up the call up for a question-and-answer period. In addition to our speakers, Kevin Schneider, President and CEO of our Global Mortgage Insurance division, Jerome Upton, Chief Financial Officer of our Global Mortgage Insurance division; Dan Sheehan, Chief Investment Officer; and Buck Stinson, President, Insurance Products for our U.S. Life Insurance segment will be available to take questions.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs