Mortgage insurer Genworth Financial
Fraizer said it would make sense splitting the company into two, but added that its not a strategy to execute in the near term.
To enable a possible split, Fraizer said they were thinking of realigning some of their businesses, bringing down debt and transitioning certain business platforms toward more stand-alone capital structures.
Genworth shares were trading up 5 percent at $8.23 on Friday on the New York Stock Exchange.
(Reporting by Rachel Chitra & Brenton Cordeiro in Bangalore; Editing by Roshni Menon)