[19][20] In June 2009, Genworth MI Canada, its Canadian mortgage insurance subsidiary, completed an initial public offering on the Toronto Stock Exchange, raising $850 million.

[29][30] On April 1, 2013, Genworth announced the completion of a legal entity reorganization, creating a new holding company and separating the U.S. mortgage insurance subsidiaries.

[33][34] In February 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff.

[40][41][42] In May 2020, the company's Australian mortgage insurance division, now called Helia, lost its contract with National Australia Bank.

[44][45] In September 2021, the company completed the initial public offering of Enact Holdings, its private mortgage insurance subsidiary.

The lawsuit alleged that Genworth and its management made false statements between October 30, 2013 and November 5, 2014 as the company had assured investors that the reserves it had set aside to cover long-term care claims were adequate.

However the company had to take a $531 million charge to shore up its long-term care business, leading to a substantial drop in the price of Genworth's securities.

[48] In October 2022, the company paid $25 million to policyholders to settle a class action lawsuit alleging that premium increases of 40% to 140% were excessive and unlawful.