However, achieving price increase at a premium rate on in-force long-term care policies is a partial offset. Nonetheless, A.M. Best has reiterated the Long-Term ICRs of "b" of Genworth Financial and Genworth Holdings along with their Long-Term Issue Credit Ratings (Long-Term IR). Outlook of the ratings is stable. The rating affirmation takes into account the company's strategic decision to divest Genworth's 57% stake in Genworth MI Canada to Brookfield Business Partners. The sale proceeds of $1.8 billion are expected to strengthen balance sheet flexibility and liquidity.