[yold__]

> GE sold off GE Capital over a decade now.

No, they spun off some of their LTC and Life Insurance business into Genworth, which, incidentally is suffering from some pretty severe LTC woes themselves.

LTC is literally the textbook case study in shitty actuarial assumptions. A combination of low interest rates, huge medical expense inflation, adverse experience (i.e. people staying on claim for 2x as long), and low lapse rates have bankrupted at least one insurer in the last two years (Coloniel Penn). Genworth may be next.

GE's auditor KPMG has had some "strikes" against them in recent years that are bad enough to draw attention from the PCAOB.