UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
February 2, 2012
Date of Report
(Date of earliest event reported)

 

GENWORTH FINANCIAL, INC.
(Exact name of registrant as specified in its charter)

 
					
Delaware	 	001-32195	 	33-1073076	
(State or other jurisdiction
of incorporation)	 	(Commission
File Number)	 	(I.R.S. Employer
Identification No.)	

6620 West Broad Street, Richmond, VA	 	23230	
(Address of principal executive offices)	 	(Zip Code)	
(804) 281-6000
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
 
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	

 

Item 2.02	Results of Operations and Financial Condition.	
On February 2, 2012, Genworth Financial, Inc. issued (1) a press release announcing its financial results for the quarter ended December 31, 2011, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference, and (2) a financial supplement for the quarter ended December 31, 2011, a copy of which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
The information contained in this Current Report on Form 8-K (including the exhibits) is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information contained in this Current Report on Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.
 
Item 9.01	Financial Statements and Exhibits.	
The following materials are furnished as exhibits to this Current Report on Form 8-K:

Exhibit
Number	  	Description of Exhibit	
		
99.1	  	Press Release dated February 2, 2012.	
		
99.2	  	Financial Supplement for the quarter ended December 31, 2011.	
 
2

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	 	GENWORTH FINANCIAL, INC.	
			
Date: February 2, 2012	 	By:	 	/s/ Amy R. Corbin	
	 		 	Amy R. Corbin	
	 		 	Vice President and Controller	
	 		 	(Principal Accounting Officer)	
 
3

Exhibit Index

Exhibit
Number	  	Description of Exhibit	
		
99.1	  	Press Release dated February 2, 2012.	
		
99.2	  	Financial Supplement for the quarter ended December 31, 2011.	
 
4

Exhibit 99.1

Genworth Financial Announces Fourth Quarter 2011 Results
Insurance And Wealth Management Division Earnings Up 12 Percent
Company Completing First Life Block Transaction In First Quarter 2012
International Platforms Continue To Generate Strong Dividends
Holding Company Cash Approximately $950 Million At Year End
Richmond, VA (February 2, 2012) — Genworth Financial, Inc. (NYSE: GNW) today reported results for the fourth quarter of 2011. The company reported net income 1 of $107 million, or $0.22 per diluted share, compared with a net loss of $161 million, or $0.33 per diluted share, in the fourth quarter of 2010. Net operating income 2 for the fourth quarter of 2011 was $86 million, or $0.17 per diluted share, compared with a net operating loss of $135 million, or $0.28 per diluted share, in the fourth quarter of 2010.
“For Genworth, 2011 was a year of repositioning actions to move the company through an uncertain environment and provide a foundation for improved shareholder value. We made progress in several areas and will maintain an intense execution focus during 2012. At business portfolio and product line levels, we took important steps to improve our focus, strengthen risk buffers and capital generation, and support future redeployment of capital,” said Michael D. Fraizer, chairman and chief executive officer. “Actions completed or that we continue to pursue include, the planned minority IPO of Australia Mortgage Insurance, shifting new business mix and volumes, selling or exiting non-strategic lines and blocks of business, further streamlining our cost base, and adding to our holding company capital flexibility. Fourth quarter earnings improved from the prior year driven by U.S. Life Insurance and U.S. Mortgage Insurance (U.S. MI) results. International platform capital generation remained strong.”

1  	Unless otherwise stated, all references in this press release to net income (loss), net income (loss) per share, net operating income (loss), net operating income (loss) per share, book value, book value per share and stockholders’ equity should be read as net income (loss) available to Genworth’s common stockholders, net income (loss) available to Genworth’s common stockholders per share, net operating income (loss) available to Genworth’s common stockholders, net operating income (loss) available to Genworth’s common stockholders per share, book value available to Genworth’s common stockholders, book value available to Genworth’s common stockholders per share and stockholders’ equity available to Genworth’s common stockholders, respectively.	
2  	This is a financial measure not calculated based on U.S. Generally Accepted Accounting Principles (Non-GAAP). See the Use of Non-GAAP Measures section of this press release for additional information.	
 
1

Consolidated Net Income (Loss) &
Net Operating Income (Loss)

 	  	Three months ended December 31
(Unaudited)	 	
 	  	2011	 	  	2010	 	
(Amounts in millions, except per share) 	  	Total	 	  	Per
diluted
share	 	  	Total	 	 	Per
diluted
share	 	
Net income (loss)	  	$	107	  	  	$	0.22	  	  	$	(161	) 	 	$	(0.33	) 	
Net operating income (loss)	  	$	86	  	  	$	0.17	  	  	$	(135	) 	 	$	(0.28	) 	
Weighted average diluted shares	  	 	492.7	  	  				  	 	489.6	  	 				
Book value per share	  	$	33.70	  	  				  	$	28.31	  	 				
Book value per share, excluding accumulated other comprehensive income (loss)	  	$	25.50	  	  				  	$	25.26	  	 				
Net investment gains, net of tax and other adjustments, were $1 million in the quarter compared to net investment losses of $26 million in the prior year.
Beginning in the quarter, the company resegmented its financial presentation as it began to operate through three divisions: Insurance and Wealth Management, Mortgage Insurance and Corporate and Runoff. Under these divisions, there are six operating business segments. The Insurance and Wealth Management Division is comprised of U.S. Life Insurance, which includes life insurance, long term care insurance (LTC) and fixed annuities, International Protection, which includes the lifestyle protection insurance business, and Wealth Management. The Mortgage Insurance Division includes International Mortgage Insurance and U.S. Mortgage Insurance. The Corporate and Runoff Division is comprised of the Runoff segment, which includes variable annuities, small remaining blocks of Medicare supplement insurance following the sale of the business, institutional products and other non-strategic lines, and Corporate and Other activities.
During 2012, the company will be implementing the new accounting guidance related to accounting for costs associated with acquiring or renewing insurance contracts as well as a change in its accounting policy for policy benefit reserves for its level premium term life insurance products, as discussed later in this release.
 
2

Net operating income (loss) results are summarized in the table below:
Net Operating Income (Loss)

(Amounts in millions) 	  	Q4 11	 	 	Q3 11	 	 	Q4 10	 	
Insurance and Wealth Management Division:	  				 				 				
U.S. Life Insurance	  	$	114	  	 	$	115	  	 	$	100	  	
International Protection	  	 	19	  	 	 	25	  	 	 	19	  	
Wealth Management	  	 	12	  	 	 	12	  	 	 	11	  	
Mortgage Insurance Division:	  				 				 				
International Mortgage Insurance	  	 	78	  	 	 	73	  	 	 	98	  	
U.S. Mortgage Insurance (U.S. MI)	  	 	(94	) 	 	 	(79	) 	 	 	(352	) 	
Corporate and Runoff Division:	  				 				 				
Runoff	  	 	20	  	 	 	(11	) 	 	 	34	  	
Corporate and Other	  	 	(63	) 	 	 	(31	) 	 	 	(45	) 	
Net operating income (loss) excludes net investment gains (losses) and other adjustments, net of taxes. A reconciliation of net operating income (loss) of segments and Corporate and Other activities to net income (loss) is included at the end of this press release. A non-cash impairment charge of $19 million after-tax was recorded in the quarter in Corporate and Other activities to write-off all of the goodwill associated with the reverse mortgage business.
Unless specifically noted in the discussion of results for the International Protection and International Mortgage Insurance segments, references to percentage changes exclude the impact of foreign exchange. Percentage changes including the impact of foreign exchange are found in a table at the end of this press release. In the fourth quarter of 2011, foreign exchange had an $8 million favorable impact on net operating income versus the prior year and a $3 million unfavorable impact versus the prior quarter.
 
3

Insurance and Wealth Management Division
Insurance and Wealth Management Division earnings increased 12 percent to $145 million, compared with $130 million a year ago, driven by U.S. Life Insurance results.
Insurance and Wealth Management Division
Net Operating Income

(Amounts in millions) 	  	Q4 11	 	  	Q3 11	 	  	Q4 10	 	
U.S. Life Insurance	  				  				  				
Life Insurance	  	$	60	  	  	$	72	  	  	$	42	  	
Long Term Care	  	 	38	  	  	 	23	  	  	 	37	  	
Fixed Annuities	  	 	16	  	  	 	20	  	  	 	21	  	
	  	 	 	 	  	 	 	 	  	 	 	 	
Total U.S. Life Insurance	  	 	114	  	  	 	115	  	  	 	100	  	
International Protection	  	 	19	  	  	 	25	  	  	 	19	  	
Wealth Management	  	 	12	  	  	 	12	  	  	 	11	  	
	  	 	 	 	  	 	 	 	  	 	 	 	
Total Insurance and Wealth Management	  	$	145	  	  	$	152	  	  	$	130	  	
	  	 	 	 	  	 	 	 	  	 	 	 	
Sales 3

(Amounts in millions) 	  	Q4 11	 	 	Q3 11	 	  	Q4 10	 	
U.S. Life Insurance	  				 				  				
Life Insurance	  				 				  				
Term and Universal Life	  	$	43	  	 	$	45	  	  	$	41	  	
Linked Benefits	  	 	20	  	 	 	20	  	  	 	14	  	
Excess Deposits	  	 	37	  	 	 	40	  	  	 	33	  	
Long Term Care	  				 				  				
Individual	  	 	56	  	 	 	54	  	  	 	39	  	
Group	  	 	9	  	 	 	—  	  	  	 	3	  	
Fixed Annuities	  	 	363	  	 	 	495	  	  	 	189	  	
International Protection	  	 	406	  	 	 	438	  	  	 	427	  	
Wealth Management	  				 				  				
Gross Flows	  	 	1,439	  	 	 	1,565	  	  	 	1,582	  	
Net Flows	  	 	(16	) 	 	 	446	  	  	 	646	  	
Assets Under Management 4

(Amounts in millions) 	  	Q4 11	 	  	Q3 11	 	  	Q4 10	 	
Fixed Annuities	  	$	18,371	  	  	$	18,366	  	  	$	18,460	  	
Wealth Management	  	 	25,087	  	  	 	24,613	  	  	 	24,740	  	

3  	The sales associated with the linked benefit product related to universal life insurance and single premium deferred annuities that were previously reported in the long term care business are being reflected in the life insurance and fixed annuities businesses, respectively, for comparative purposes.	
4  	Assets under management represent account values, net of reinsurance, and managed third-party assets.	
 
4

U.S. Life Insurance Segment
Highlights
 
 	•	 	U.S. Life Insurance Segment earnings increased 14 percent compared with a year ago, driven by life insurance.	
 
 	•	 	Segment sales were down sequentially from moderating life insurance and fixed annuity sales associated with various pricing actions. The company continues to utilize expanded levels of reinsurance across life and long term care insurance as part of its capital optimization strategies.	
 
 	•	 	Life insurance continues to experience favorable mortality and the long term care insurance loss ratio was 67 percent, down four points sequentially.	
 
 	•	 	The consolidated risk based capital (RBC) ratio at December 31, 2011 is estimated to be 405 percent 5 , up from 365 percent on a sequential basis.	
 
 	•	 	The sale of the Medicare supplement business was completed, with a capital benefit of $214 million.	
 
 	•	 	The company is completing its first life block transaction in first quarter of 2012. The tender of River Lake III was closed in January 2012 and a subsequent reinsurance arrangement was then executed, with the final steps of this transaction to be completed over the next few weeks. The transaction is expected to generate approximately $100 million in initial after-tax capital benefits for the U.S. life insurance companies and a GAAP net loss of approximately $37 million in the first quarter.	
U.S. Life Insurance segment earnings increased 14 percent to $114 million, compared with $100 million a year ago. The primary operating drivers for this performance included:
 
 	•	 	New business profitability from Term UL and LTC, which contributed $16 million of additional earnings compared with the prior year, and	
 
 	•	 	Lower investment income compared with the prior year reflecting $12 million lower earnings from limited partnerships and reduced bond calls.	
Life insurance earnings were $60 million, compared with $42 million in the prior year. Current quarter earnings reflect a $10 million benefit from sound new business performance and a $4 million after-tax gain related to selective repurchases of notes secured by non-recourse funding obligations, partially offset by sound but less favorable mortality of $4 million and lower investment income from bond calls and limited partnerships. In addition, as part of conversion to a new actuarial system, reserve refinements resulted in a $10 million favorable impact. Sales growth moderated sequentially as pricing was raised for targeted products in response to factors such as low interest rates, while for other products the company chose not to follow certain competitors’ price reductions.

5  	Company estimate for the fourth quarter of 2011, due to timing of the filing of statutory statements.	
 
5

Long term care earnings were $38 million, compared with $37 million in the prior year. The loss ratio remained stable at 67 percent, excluding a prior year reserve strengthening, as lower claim termination rates and higher new claims were offset by the favorable impact of premium rate increases on older issued policies and higher active policy terminations. Results in the current quarter also include favorable taxes of $6 million. The company is currently implementing a previously announced premium rate increase of approximately 18 percent on the majority of older issued policies. As of December 31, 2011, the company had received approvals for price increases in 39 states, representing approximately 65 percent of the targeted premiums. Individual long term care sales increased to $56 million during the quarter, reflecting an acceleration of prior-generation product sales as part of the transition to the new product generation, which was introduced in August and incorporates higher pricing.
Fixed annuities earnings were $16 million, compared with $20 million in the prior quarter, including a $4 million unfavorable impact related to accruals for state guarantee fund assessments. Sales in the quarter totaled $363 million and were lower sequentially, driven by changes to interest crediting rates implemented to further improve margins in the current low rate environment. During the quarter, the company introduced two new indexed annuity products designed to enhance its fixed annuity offerings.
The RBC ratio is estimated to have increased to 405 percent 5 from approximately 365 percent on a sequential basis. The company completed the Medicare supplement sale in the quarter which positively impacted the ratio. Additionally, targeted interest rate swaps were unwound and reestablished resulting in gains. While these gains were deferred for both GAAP and statutory purposes, tax benefits associated with the transaction increased the RBC ratio and unassigned surplus.
International Protection Segment
Highlights
 
 	•	 	Reported earnings were flat to the prior year as European economic concerns reduced consumer lending and related insurance product sales.	
 
 	•	 	Operating margin 2 improved more than 360 basis points over the prior full year margin from continued declines in new claim registrations as well as benefits from previously implemented price and distribution contract changes.	
 
 	•	 	Dividends of $135 million were paid to the holding company in 2011.	
Excluding the impact of foreign exchange, International Protection earnings decreased 21 percent 6 from the prior year and 28 percent 6 sequentially, as decreased revenues from lower new sales in smaller European origination markets, increased regulatory expenses and investments in new markets more than offset a one point sequential improvement in the loss ratio. At quarter end, the lifestyle protection business had a regulatory capital ratio of approximately 283 percent 5 .

6  	Percent change excludes the impact of foreign exchange.	
 
6

Wealth Management Segment
Highlights
 
 	•	 	Earnings were $12 million, compared with $11 million in the prior year and $12 million in the prior quarter.	
 
 	•	 	Net flows were negative $16 million, down from positive net flows of $446 million in the prior quarter, reflecting difficult market conditions and increased redemptions.	
 
 	•	 	Dividends of $64 million were paid to the holding company in 2011.	
 
 	•	 	In January 2012, the company announced an agreement for the sale of its tax and accounting advisors unit, Genworth Financial Investment Services (GFIS), to Cetera Financial Group which is expected to close in the first half of 2012. The proceeds from the sale are estimated to be $79 million with the opportunity for additional earnout payments.	
Wealth Management earned $12 million, compared to $11 million in the prior year and $12 million in the prior quarter. Assets under management (AUM) increased $474 million sequentially to $25.1 billion. Net flows for the quarter were negative $16 million, related to market conditions and the movement of a legacy block of managed accounts. Margins as a percentage of average AUM 7 increased 11 percent from the prior year, primarily from the 2010 acquisition of the Altegris companies as well as strong expense discipline. The acquisition of Altegris companies, a leading provider of alternative investment solutions, and the announced disposition of GFIS have positioned Wealth Management to enhance its focus on turnkey asset management businesses. Total advisors with assets on the platform were over 6,500 at the end of 2011, representing the addition of over 820 new advisors during 2011.

7  	Calculated as pre-tax income as a percentage of average AUM annualized to determine the current full year impact. The average AUM for December 31, 2010 excludes $2.2 billion of AUM related to the Altegris companies acquired on December 31, 2010.	
 
7

Mortgage Insurance Division
Mortgage Insurance Division net operating loss was $16 million, compared with a net operating loss of $254 million a year ago, driven by U.S. Mortgage Insurance results.
Mortgage Insurance Division
Net Operating Income (Loss)

(Amounts in millions) 	  	Q4 11	 	 	Q3 11	 	 	Q4 10	 	
International Mortgage Insurance	  				 				 				
Canada	  	$	40	  	 	$	39	  	 	$	46	  	
Australia	  	 	53	  	 	 	41	  	 	 	55	  	
Other Countries	  	 	(15	) 	 	 	(7	) 	 	 	(3	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total International Mortgage Insurance	  	 	78	  	 	 	73	  	 	 	98	  	
U.S. Mortgage Insurance	  	 	(94	) 	 	 	(79	) 	 	 	(352	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total Mortgage Insurance	  	$	(16	) 	 	$	(6	) 	 	$	(254	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Sales

(Amounts in billions) 	  	Q4 11	 	  	Q3 11	 	  	Q4 10	 	
International Mortgage Insurance	  				  				  				
Flow	  				  				  				
Canada	  	$	5.2	  	  	$	6.8	  	  	$	5.6	  	
Australia	  	 	7.9	  	  	 	7.1	  	  	 	5.9	  	
Other Countries	  	 	0.4	  	  	 	0.5	  	  	 	0.6	  	
Bulk	  				  				  				
Canada	  	 	1.0	  	  	 	0.6	  	  	 	0.9	  	
Australia	  	 	1.1	  	  	 	0.1	  	  	 	1.5	  	
Other Countries	  	 	0.3	  	  	 	0.3	  	  	 	1.6	  	
U.S. Mortgage Insurance	  				  				  				
Primary Flow	  	 	3.2	  	  	 	2.7	  	  	 	2.6	  	
Primary Bulk	  	 	—  	  	  	 	—  	  	  	 	0.6	  	
International Mortgage Insurance Segment
Highlights
 
•	 	Reported International Mortgage Insurance segment earnings decreased 20 percent to $78 million, compared with $98 million a year ago.	
 
•	 	Canada and Australia paid total dividends to the holding company of $215 million in 2011 and continued to maintain strong capital positions.	
 
•	 	In Canada, flow new insurance written (NIW) was down 21 percent 6 sequentially from seasonal variation and nine percent 6 year over year from a smaller market. The loss ratio was 40 percent, up four points sequentially and eight points year over year.	
 
8

•	 	In Australia, flow NIW was up 17 percent 6 sequentially and up 27 percent 6 year over year, as the mortgage origination market showed some improvement. The loss ratio was 46 percent, down two points sequentially.	
 
•	 	Other Countries had a net operating loss of $15 million, driven by Europe mortgage insurance performance in Ireland.	
International Mortgage Insurance earnings, excluding foreign exchange, decreased 24 percent 6 compared to a year ago, primarily from increased loss levels in Canada, Australia and Ireland, along with higher interest expense.
Canadian operating earnings decreased 15 percent 6 from the prior year primarily from increased loss provisions. The loss ratio in the quarter was 40 percent, up from 36 percent in the prior quarter and up eight points from the prior year, reflecting an increase in reserves related to higher severities on existing delinquencies and a seasonal increase in new delinquencies, net of cures. Flow NIW in Canada decreased nine percent 6 year over year, reflecting a smaller mortgage origination market associated with tightened government mortgage guidelines. At quarter end, the Canada mortgage insurance business had a regulatory capital ratio of 162 percent 5 and GAAP book value of $2.7 billion, of which $1.5 billion represented Genworth’s 57.5 percent ownership interest.
Australia operating earnings decreased nine percent 6 from the prior year, reflecting reserve additions for prior delinquencies where lenders accelerated actions to move these loans through to claim and higher severity experience in the New Zealand run-off portfolio partially offset by a decrease in new delinquencies, including reductions in Queensland. The loss ratio was 46 percent in the quarter, up nine points from prior year, but down two points from the prior quarter as a result of the decrease in new delinquencies. Flow NIW increased 27 percent 6 compared to the prior year, primarily reflecting a larger origination market. The business continues to expand its reinsurance program as part of risk and capital management strategies. The potential tax charge from the planned Australia initial public offering (IPO) 8 communicated as part of the company’s third quarter 2011 earnings call did not occur as changes in structuring of the IPO minimized related impacts. At quarter end, the Australia mortgage insurance business had a regulatory capital ratio of 157 percent 5 and GAAP book value of $2.1 billion.
Other Countries operating results decreased $12 million from the prior year from increased losses relating to higher new delinquencies in Ireland and higher taxes. Loss mitigation efforts together with the prior suspension of new business activities continue to reduce the exposure in Ireland, which is less than one percent of total international mortgage insurance exposure.

8  	The disclosure in this press release relating to the company’s planned minority initial public offering (IPO) of its Australian mortgage insurance business is not an offer to sell, or a solicitation of an offer to buy, any securities. The securities referred to in this disclosure have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. If an offer of securities which requires disclosure in Australia is made, a disclosure document for the offer will be prepared at that time. Any person who wishes to apply to acquire securities will need to complete the application form that will be in or will accompany the disclosure document. In addition, this disclosure is not intended for public distribution in Australia.	
 
9

U.S. Mortgage Insurance Segment
Highlights
 
•	 	U.S. Mortgage Insurance (U.S. MI) net operating loss was $94 million compared to $352 million in the prior year.	
 
•	 	Flow NIW increased 23 percent from the prior year and 19 percent sequentially reflecting an ongoing gradual market shift from Federal Housing Administration (FHA) coverage to private mortgage insurance and higher refinancing activity. Overall private mortgage insurance market penetration was up approximately two points year over year and flat to the prior quarter.	
 
•	 	Total flow delinquencies of 83,931 decreased nine percent from prior year and one percent sequentially. New flow delinquencies declined approximately 15 percent from prior year and decreased approximately six percent from the prior quarter.	
 
•	 	Loss mitigation savings were $147 million in the quarter and $567 million for the full year, exceeding the targeted $400 to $500 million full year benefit.	
 
•	 	The combined risk-to-capital ratio as of December 31, 2011 is estimated to be 28.8:1 5 .	
The U.S. MI segment had a $94 million net operating loss, reflecting a decrease in new delinquency development along with a favorable geographical mix of new delinquencies, fewer net cures associated with lower levels of loan modifications and a stable delinquency aging profile.
Total flow delinquencies decreased nine percent from the prior year and decreased one percent sequentially. New flow delinquencies declined approximately 15 percent from prior year and decreased approximately six percent from the prior quarter, reflecting the continuing burn through of delinquencies from the 2005 to 2008 book years. The flow average reserve per delinquency was $29,100, up slightly from $28,800 in the third quarter, driven by modest mix changes in new and existing delinquencies. Paid claims decreased 11 percent from the prior year, driven by a 26 percent decline in claim counts and a reduction in severity from claims mitigation, partially offset by a decline in captive benefits. Sequentially, paid claims decreased six percent.
Loss mitigation savings were $147 million in the quarter, down 13 percent from the prior quarter, as workouts declined with the wind down of the government Home Affordable Modification Program (HAMP) modifications. Savings for the full year 2011 were $567 million, exceeding the targeted $400 to $500 million full year benefit.
Flow NIW increased 23 percent over the prior year and 19 percent sequentially, reflecting the continued shift away from the FHA, fewer competitors and a larger origination market driven by refinancing activity. Flow persistency was down five points on a sequential basis to 81 percent, from slightly higher lapses associated with refinance activity and cancellation of particular single premium product loans. The company’s market share remains stable despite the exit of some competitors from the market, as it maintained pricing and guideline discipline and did not expand underwriting delegation to lenders. In addition, the Home Affordable Refinance Program (HARP) accounted for about $700 million of insurance that is treated as a modification of the coverage on existing insurance in force rather than NIW.
 
10

The combined U.S. MI statutory risk-to-capital ratio is estimated to be 28.8:1 5 at the end of the fourth quarter with the risk-to-capital ratio for Genworth Mortgage Insurance Corporation (GEMICO), the company’s primary mortgage insurance company estimated to be 32.9:1 5 . GEMICO currently maintains waivers or other authorizations from 44 states that permit the company to continue writing new business while its risk-to-capital ratio exceeds 25.0:1. Additionally, the company has separately capitalized and licensed legal entities to write new business for states where waivers are not in place. Currently, new business in five states is being written out of Genworth Residential Mortgage Assurance Corporation (GRMAC), a subsidiary of GEMICO.
Corporate and Runoff Division
Corporate and Runoff division net operating loss was $43 million, compared with $11 million in the prior year.
Corporate and Runoff Division
Net Operating Income (Loss)

(Amounts in millions)	  	Q4 11	 	 	Q3 11	 	 	Q4 10	 	
Runoff	  	$	20	  	 	$	(11	) 	 	$	34	  	
Corporate and Other	  	 	(63	) 	 	 	(31	) 	 	 	(45	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total Corporate and Runoff	  	$	(43	) 	 	$	(42	) 	 	$	(11	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Assets Under Management 4

				
(Amounts in millions)	  	Q4 11	 	  	Q3 11	 	  	Q4 10	 	
Variable Annuities	  	$	8,315	  	  	$	8,155	  	  	$	8,981	  	
Guaranteed Investment Contracts, Funding Agreements Backing Notes and Funding Agreements	  	 	2,623	  	  	 	2,717	  	  	 	3,717	  	
	  	 	 	 	  	 	 	 	  	 	 	 	
Total Runoff	  	$	10,938	  	  	$	10,872	  	  	$	12,698	  	
	  	 	 	 	  	 	 	 	  	 	 	 	
Runoff Segment
The Runoff segment’s net operating income was $20 million, compared with $34 million in the prior year, driven primarily by the sale of the Medicare supplement business and fixed maturity bond redemptions in the prior year that did not recur. Improved market performance drove a $37 million sequential improvement in variable annuities.
 
11

Corporate and Other
Corporate and Other’s net operating loss was $63 million, compared with $45 million in the prior year quarter, driven primarily by a $19 million after-tax impairment of all the goodwill associated with the reverse mortgage business.
Investment Portfolio Performance
Investment income declined modestly, impacted by the lower income on limited partnerships, with net investment income of $827 million, compared to $842 million in the third quarter. The core yield 2 decreased 15 basis points sequentially to 4.6 percent.
Net income in the quarter included $1 million of net investment gains, net of tax and DAC amortization of $3 million.
Net unrealized investment gains were $1.5 billion, net of tax and other items, as of December 31, 2011, compared with net losses of $100 million as of December 31, 2010 and net gains of $1.5 billion as of September 30, 2011. The fixed-maturity securities portfolio had gross unrealized investment gains of $5.1 billion compared with $2.2 billion as of December 31, 2010 and gross unrealized investment losses of $1.4 billion compared with $1.7 billion as of December 31, 2010.
Holding Company
Genworth’s holding company ended the quarter with approximately $950 million of cash and highly liquid securities, up approximately $250 million sequentially as the company has continued to execute strategies that enhance capital flexibility and risk buffers. The holding company received approximately $478 million in operating company dividends on a full year basis and $354 million in the fourth quarter. The holding company targets maintaining cash balances of at least two times its annual debt service expense. The holding company has $222 million of debt maturities in 2012 and no debt maturities in 2013.
Adoption of New Accounting Pronouncement and Other Accounting Changes
Accounting For Costs Associated With Acquiring Or Renewing Insurance Contracts
As previously reported, in October 2010, the Financial Accounting Standards Board issued new accounting guidance related to accounting for costs associated with acquiring or renewing insurance contracts. This new accounting guidance was effective for Genworth on January 1, 2012. The new guidance is effective
 
12

prospectively with retrospective adoption allowed. Genworth has adopted this new guidance retrospectively, and will re-present certain historical financial statements beginning at the time of the filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2012. Genworth expects that this new guidance will reduce retained earnings and stockholders’ equity by approximately $1.4 billion as of January 1, 2012 and will reduce net income (loss) by $63 million, $86 million and $12 million for the years ended December 31, 2011, 2010 and 2009, respectively.
Accounting For The Liability Of Future Policy Benefits Of Level Premium Term Life Insurance Products
On January 1, 2012, the company elected to change its accounting policy for the liability for future policy benefits (i.e., policy benefit reserves) of its level premium term life insurance products when the liability for an individual policy falls below zero. To date, approximately $2.0 billion of aggregate policy benefit reserves have been recorded on level premium term life insurance products under the historical accounting policy. Some of the individual policy benefit reserves are negative (i.e., amounts less than zero) which are being netted against policies with positive benefit reserve values.
The historical GAAP compliant accounting policy strictly followed the accounting for traditional, long-duration insurance contracts where profits emerge as a level percentage of premiums based on assumptions determined on the policy issuance date including mortality, interest and lapse rates. For products with an increasing premium stream, this can only occur if individual policy benefit reserve values are permitted to go negative. The company’s new accounting policy is to floor individual policy benefit reserve values at zero based on more recent accounting guidance for long duration contracts that follows an approach which emphasizes the balance sheet over the income statement.
The company believes that flooring policy benefit reserves at zero is preferable as this alternative accounting policy will not allow negative reserves for individual policies to be included in the overall determination of benefit reserves. In implementing this change in accounting, no changes were made to the assumptions locked-in at policy inception. The accounting change will be implemented retrospectively, which will reduce retained earnings and stockholders’ equity by approximately $120 million as of January 1, 2012 and will reduce net income (loss) by approximately $10 million, $4 million and $32 million for the years ended December 31, 2011, 2010 and 2009, respectively.
 
13

About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future and planning for retirement — including life insurance, long term care insurance, financial protection coverages, and independent advisor-based wealth management — and mortgage insurance that helps consumers achieve home ownership while assisting lenders in managing their risk and capital.
Genworth has approximately 6,400 employees and operates through three divisions: Insurance and Wealth Management, which includes U.S. Life Insurance, Wealth Management and International Protection segments; Mortgage Insurance, which includes U.S. and International Mortgage Insurance segments; and the Corporate and Runoff division. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, Inc., which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit genworth.com. From time to time, Genworth Financial, Inc. releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the “Investors” section of genworth.com.
Conference Call and Financial Supplement Information
This press release and the fourth quarter 2011 financial supplement are now posted on the company’s website. Additional information regarding U.S. mortgage insurance and investments is also posted on the company’s website, http://investor.genworth.com . Investors are encouraged to review all of these materials.
Genworth will conduct a conference call on February 3, 2012 at 9 a.m. (ET) to discuss the quarter’s results. At 11:00 a.m. (ET), following the earnings call of Genworth MI Canada Inc., the company will host a second one-hour call to discuss 2012 business goals and focus areas. The presentation materials for this call will be available at 10:00 a.m. (ET). Both conference calls will be accessible via telephone and the Internet. The dial-in number for both conference calls is 866 393.0571 or 206 453.2872 (outside the U.S.). To participate in the call by webcast, register at http://investor.genworth.com at least 15 minutes prior to the webcast to download and install any necessary software.
Replays of both calls will be available through February 17, 2012 at 855 859.2056 or 404 537.3406 (outside the U.S.); the conference ID # for the 9:00 — 10:00 a.m. (ET) call is # 34250287 and the conference ID # for the 11:00 a.m. – 12:00 p.m. (ET) call is 41200887. The webcasts will also be archived on the company’s website.
 
14

Use of Non-GAAP Measures
This press release includes the non-GAAP financial measure entitled “net operating income (loss).” The chief operating decision maker evaluates segment performance and allocates resources on the basis of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders. The company defines net operating income (loss) available to Genworth Financial, Inc.’s common stockholders as income (loss) from continuing operations excluding net income attributable to noncontrolling interests, after-tax net investment gains (losses) and other adjustments and infrequent or unusual non-operating items. This metric excludes net investment gains (losses) and infrequent or unusual non-operating items because the company does not consider them to be related to the operating performance of the company’s segments and Corporate and Other activities. A component of the company’s net investment gains (losses) is the result of impairments, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to the company’s discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Infrequent or unusual non-operating items are also excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders if, in the company’s opinion, they are not indicative of overall operating trends. While some of these items may be significant components of net income (loss) available to Genworth Financial, Inc.’s common stockholders in accordance with GAAP, the company believes that net operating income (loss) available to Genworth Financial, Inc.’s common stockholders and measures that are derived from or incorporate net operating income (loss) available to Genworth Financial, Inc.’s common stockholders, including net operating income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the business. However, net operating income (loss) available to Genworth Financial, Inc.’s common stockholders and net operating income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis are not substitutes for net income (loss) available to Genworth Financial, Inc.’s common stockholders or net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis determined in accordance with GAAP. In addition, the company’s definition of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders may differ from the definitions used by other companies. There were no infrequent or unusual non-operating items excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders during the periods presented other than a $20 million gain related to the sale of the Medicare supplement insurance business recorded in the fourth quarter of 2011 and a $106 million tax benefit related to separation from the company’s former parent recorded in the first quarter of 2010. The tables at the end of this press release reflect net operating income (loss) as determined in accordance with accounting guidance related to segment reporting and a reconciliation of net operating income (loss) of the company’s segments and Corporate and Other activities to net income (loss) available to Genworth Financial, Inc.’s common stockholders for the three and twelve months ended December 31, 2011 and 2010.
 
15

This press release includes the non-GAAP financial measure entitled “operating revenue.” The company defines operating revenue as revenue excluding net investment gains (losses). The company believes that operating revenue and measures that are derived from or incorporate operating revenue, is an appropriate measure that is useful to investors because it identifies the revenue attributable to the ongoing operations of the business. However, operating revenue is not a substitute for revenue determined in accordance with GAAP. In addition, the company’s definition of operating revenue may differ from the definitions used by other companies.
This press release also includes the non-GAAP measure entitled “operating margin” related to the lifestyle protection business. The company defines operating margin as income (loss) from continuing operations before income taxes excluding net investment gains (losses) divided by total revenues excluding net investment gains (losses). Management believes that this analysis of operating margin enhances the understanding of the lifestyle protection business. However, operating margin as defined by the company should not be viewed as a substitute for GAAP margin. In addition, the company’s definition of operating margin may differ from the definitions used by other companies.
This press release includes the non-GAAP financial measure entitled “core yield” as a measure of investment yield. The company defines core yield as the investment yield adjusted for those items that are not recurring in nature. Management believes that analysis of core yield enhances understanding of the investment yield of the company. However, core yield as defined by the company should not be viewed as a substitute for GAAP investment yield. In addition, the company’s definition of core yield may differ from the definitions used by other companies. A reconciliation of core yield to reported GAAP yield is included in a table at the end of this press release.
Definition of Selected Operating Performance Measures
The company reports selected operating performance measures including “sales,” “assets under management” and “insurance in force” or “risk in force” which are commonly used in the insurance and investment industries as measures of operating performance.
Management regularly monitors and reports sales metrics as a measure of volume of new and renewal business generated in a period. Sales refer to: (1) annualized first-year premiums for term life, long term care and Medicare supplement insurance; (2) new and additional premiums/deposits for universal and term universal life insurance, linked benefits, fixed and variable products; (3) gross flows and net flows, which
 
16

represent gross flows less redemptions, for the wealth management business; (4) written premiums and deposits, gross of ceded reinsurance and cancellations, and premium equivalents, where the company earns a fee for administrative services only business, for the lifestyle protection insurance business; and (5) new insurance written for mortgage insurance. Sales do not include renewal premiums on policies or contracts written during prior periods. The company considers annualized first-year premiums, new premiums/deposits, gross and net flows, written premiums, premium equivalents and new insurance written to be a measure of the company’s operating performance because they represent a measure of new sales of insurance policies or contracts during a specified period, rather than a measure of the company’s revenues or profitability during that period.
Management regularly monitors and reports assets under management for the wealth management business, insurance in force and risk in force. Assets under management for the wealth management business represent third-party assets under management that are not consolidated in the company’s financial statements. Insurance in force for the life, international mortgage and U.S. mortgage insurance businesses is a measure of the aggregate face value of outstanding insurance policies as of the respective reporting date. For the risk in force in the international mortgage insurance business, the company has computed an “effective” risk in force amount, which recognizes that the loss on any particular loan will be reduced by the net proceeds received upon sale of the property. Effective risk in force has been calculated by applying to insurance in force a factor of 35 percent that represents the highest expected average per-claim payment for any one underwriting year over the life of the company’s businesses in Canada, Australia and New Zealand. Risk in force for the U.S. mortgage insurance business is the obligation that is limited under contractual terms to the amounts less than 100 percent of the mortgage loan value. The company considers assets under management for the wealth management business, insurance in force and risk in force to be measures of the company’s operating performance because they represent a measure of the size of the business at a specific date which will generate revenues and profits in a future period, rather than a measure of the company’s revenues or profitability during that period.
This press release also includes information related to loss mitigation activities for the U.S. mortgage insurance business. The company defines loss mitigation activities as rescissions, cancellations, borrower loan modifications, repayment plans, lender- and borrower-titled presales, claims administration and other loan workouts. Estimated savings related to rescissions are the reduction in carried loss reserves, net of premium refunds and reinstatement of prior rescissions. Estimated savings related to loan modifications and other cure related loss mitigation actions represent the reduction in carried loss reserves. For non-cure related actions, including presales, the estimated savings represent the difference between the full claim obligation and the actual amount paid. The company believes that this information helps to enhance the understanding of the operating performance of the U.S. mortgage insurance business as loss mitigation activities specifically impact current and future loss reserves and level of claim payments.
 
17

These operating measures enable the company to compare its operating performance across periods without regard to revenues or profitability related to policies or contracts sold in prior periods or from investments or other sources.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “expects,” “intends,” “anticipates,” “plans,” “believes,” “seeks,” “estimates,” “will” or words of similar meaning and include, but are not limited to, statements regarding the outlook for the company’s future business and financial performance. Forward-looking statements are based on management’s current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially due to global political, economic, business, competitive, market, regulatory and other factors and risks, including the following:
 
 	•	 	Risks relating to the company’s businesses , including downturns and volatility in global economies and equity and credit markets; downgrades or potential downgrades in the company’s financial strength or credit ratings; interest rate fluctuations and levels; adverse capital and credit market conditions (including the impact on the potential extension, replacement or refinancing of the company’s credit facilities); the valuation of fixed maturity, equity and trading securities; defaults, downgrades or other events impacting the value of the company’s fixed maturity securities portfolio; defaults on the company’s commercial mortgage loans or the mortgage loans underlying the company’s investments in commercial mortgage-backed securities and volatility in performance; goodwill impairments; defaults by counterparties to reinsurance arrangements or derivative instruments; an adverse change in risk based capital and other regulatory requirements; insufficiency of reserves; legal constraints on dividend distributions by the company’s subsidiaries; competition; availability, affordability and adequacy of reinsurance; loss of key distribution partners; regulatory restrictions on the company’s operations and changes in applicable laws and regulations; legal or regulatory investigations or actions; the failure of or any compromise of the security of the company’s computer systems; the occurrence of natural or man-made disasters or a pandemic; the effect of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act; changes in the accounting standards issued by the Financial Accounting Standards Board or other standard-setting bodies; impairments of or valuation allowances against the company’s deferred tax assets; changes in expected morbidity and mortality rate; accelerated amortization of deferred acquisition costs and present value of future profits; reputational risks as a result of rate increases on certain in force long term care insurance products; medical advances, such as genetic research and diagnostic imaging, and related legislation; unexpected changes in persistency rates; ability to continue to implement actions to mitigate the impact of statutory reserve requirements;	
 
18

 	the failure of demand for long term care insurance to increase; political and economic instability or changes in government policies; foreign exchange rate fluctuations; unexpected changes in unemployment rates; unexpected increases in mortgage insurance default rates or severity of defaults; the significant portion of high loan to value insured international mortgage loans which generally result in more and larger claims than lower loan-to-value ratios; competition with government owned and government sponsored enterprises offering mortgage insurance; changes in international regulations reducing demand for mortgage insurance; increases in mortgage insurance default rates; failure to meet, or have waived to the extent needed, the minimum statutory capital requirements and hazardous financial condition standards; uncertain results of continued investigations of insured U.S. mortgage loans; possible rescissions of coverage and the results of objections to the company’s rescissions; the extent to which loan modifications and other similar programs may provide benefits to the company; unexpected changes in unemployment and underemployment rates in the United States; further deterioration in economic conditions or a further decline in home prices in the United States; problems associated with foreclosure process defects in the United States that may defer claim payments; changes to the role or structure of Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac); competition with government owned and government sponsored enterprises offering U.S. mortgage insurance; changes in regulations that affect the U.S. mortgage insurance business; the influence of Fannie Mae, Freddie Mac and a small number of large mortgage lenders and investors; decreases in the volume of high loan to value mortgage originations or increases in mortgage insurance cancellations in the United States; increases in the use of alternatives to private mortgage insurance in the United States and reductions by lenders in the level of coverage they select; the impact of the use of reinsurance with reinsurance companies affiliated with U.S. mortgage lending customers; legal actions under the Real Estate Settlement Procedures Act of 1974; and potential liabilities in connection with the company’s U.S. contract underwriting services;	
 
 	•	 	Other risks , including the risk that adverse market or other conditions might delay or impede the planned IPO of the company’s mortgage insurance business in Australia; the possibility that in certain circumstances the company will be obligated to make payments to General Electric Company (GE) under the tax matters agreement with GE even if the company’s corresponding tax savings are never realized and payments could be accelerated in the event of certain changes in control; and provisions of the company’s certificate of incorporation and bylaws and the tax matters agreement with GE may discourage takeover attempts and business combinations that stockholders might consider in their best interests; and	
 
 	•	 	Risks relating to the company’s common stock, including the suspension of dividends and stock price fluctuations.	
The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.
 
19

# # #
Contact Information :

Investors:	  	Georgette Nicholas, 804 662.2248	
		
	  	georgette.nicholas@genworth.com	
		
Media:	  	Al Orendorff, 804 662.2534	
		
	  	alfred.orendorff@genworth.com	
 
20

Condensed Consolidated Statements of Income
(Amounts in millions, except per share amounts)

 	  	Three months  ended
December 31,	 	 	Twelve months  ended
December 31,	 	
 	  	2011	 	  	2010	 	 	2011	 	 	2010	 	
Revenues:	  				  				 				 				
Premiums	  	$	1,352	  	  	$	1,467	  	 	$	5,705	  	 	$	5,854	  	
Net investment income	  	 	827	  	  	 	863	  	 	 	3,380	  	 	 	3,266	  	
Net investment gains (losses)	  	 	5	  	  	 	(39	) 	 	 	(220	) 	 	 	(143	) 	
Insurance and investment product fees and other	  	 	416	  	  	 	300	  	 	 	1,479	  	 	 	1,112	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	2,600	  	  	 	2,591	  	 	 	10,344	  	 	 	10,089	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Benefits and expenses:	  				  				 				 				
Benefits and other changes in policy reserves	  	 	1,388	  	  	 	1,837	  	 	 	5,926	  	 	 	5,994	  	
Interest credited	  	 	195	  	  	 	205	  	 	 	794	  	 	 	841	  	
Acquisition and operating expenses, net of deferrals	  	 	508	  	  	 	519	  	 	 	2,032	  	 	 	1,965	  	
Amortization of deferred acquisition costs and intangibles	  	 	171	  	  	 	166	  	 	 	743	  	 	 	756	  	
Goodwill impairment	  	 	29	  	  	 	—  	  	 	 	29	  	 	 	—  	  	
Interest expense	  	 	121	  	  	 	119	  	 	 	506	  	 	 	457	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	2,412	  	  	 	2,846	  	 	 	10,030	  	 	 	10,013	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Income (loss) before income taxes	  	 	188	  	  	 	(255	) 	 	 	314	  	 	 	76	  	
Provision (benefit) for income taxes	  	 	48	  	  	 	(129	) 	 	 	53	  	 	 	(209	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Net income (loss)	  	 	140	  	  	 	(126	) 	 	 	261	  	 	 	285	  	
Less: net income attributable to noncontrolling interests	  	 	33	  	  	 	35	  	 	 	139	  	 	 	143	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Net income (loss) available to Genworth Financial, Inc.’s common stockholders	  	$	107	  	  	$	(161	) 	 	$	122	  	 	$	142	  	

Net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share:	  				  				 				 				
Basic	  	$	0.22	  	  	$	(0.33	) 	 	$	0.25	  	 	$	0.29	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Diluted	  	$	0.22	  	  	$	(0.33	) 	 	$	0.25	  	 	$	0.29	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Weighted-average common shares outstanding:	  				  				 				 				
Basic	  	 	490.9	  	  	 	489.6	  	 	 	490.6	  	 	 	489.3	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Diluted	  	 	492.7	  	  	 	489.6	  	 	 	493.5	  	 	 	493.9	  	

21

Reconciliation of Net Operating Income (Loss) to Net Income (Loss)
(Amounts in millions, except per share amounts)

 	  	Three months  ended
December 31,	 	 	Twelve months  ended
December 31,	 	
 	  	2011	 	 	2010	 	 	2011	 	 	2010	 	
Net operating income (loss):	  				 				 				 				
Insurance and Wealth Management Division	  				 				 				 				
U.S. Life Insurance segment	  				 				 				 				
Life Insurance	  	$	60	  	 	$	42	  	 	$	256	  	 	$	144	  	
Long Term Care	  	 	38	  	 	 	37	  	 	 	132	  	 	 	163	  	
Fixed Annuities	  	 	16	  	 	 	21	  	 	 	74	  	 	 	79	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total U.S. Life Insurance segment	  	 	114	  	 	 	100	  	 	 	462	  	 	 	386	  	
International Protection segment	  	 	19	  	 	 	19	  	 	 	94	  	 	 	71	  	
Wealth Management segment	  	 	12	  	 	 	11	  	 	 	47	  	 	 	40	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Insurance and Wealth Management Division	  	 	145	  	 	 	130	  	 	 	603	  	 	 	497	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Mortgage Insurance Division	  				 				 				 				
International Mortgage Insurance segment	  				 				 				 				
Canada	  	 	40	  	 	 	46	  	 	 	161	  	 	 	176	  	
Australia	  	 	53	  	 	 	55	  	 	 	200	  	 	 	205	  	
Other Countries	  	 	(15	) 	 	 	(3	) 	 	 	(29	) 	 	 	(18	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total International Mortgage Insurance segment	  	 	78	  	 	 	98	  	 	 	332	  	 	 	363	  	
U.S. Mortgage Insurance segment	  	 	(94	) 	 	 	(352	) 	 	 	(507	) 	 	 	(580	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Mortgage Insurance Division	  	 	(16	) 	 	 	(254	) 	 	 	(175	) 	 	 	(217	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Corporate and Runoff Division	  				 				 				 				
Runoff segment	  	 	20	  	 	 	34	  	 	 	25	  	 	 	30	  	
Corporate and Other	  	 	(63	) 	 	 	(45	) 	 	 	(239	) 	 	 	(184	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Corporate and Runoff Division	  	 	(43	) 	 	 	(11	) 	 	 	(214	) 	 	 	(154	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net operating income (loss)	  	 	86	  	 	 	(135	) 	 	 	214	  	 	 	126	  	
Adjustments to net operating income (loss):	  				 				 				 				
Net investment gains (losses), net of taxes and other adjustments	  	 	1	  	 	 	(26	) 	 	 	(112	) 	 	 	(90	) 	
Gain on sale of business, net of taxes	  	 	20	  	 	 	—  	  	 	 	20	  	 	 	—  	  	
Net tax benefit related to separation from the company’s former parent	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	106	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net income (loss) available to Genworth Financial, Inc.’s common stockholders	  	 	107	  	 	 	(161	) 	 	 	122	  	 	 	142	  	
Add: net income attributable to noncontrolling interests	  	 	33	  	 	 	35	  	 	 	139	  	 	 	143	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net income (loss)	  	$	140	  	 	$	(126	) 	 	$	261	  	 	$	285	  	

Net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share:	  				 				 				 				
Basic	  	$	0.22	  	 	$	(0.33	) 	 	$	0.25	  	 	$	0.29	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Diluted	  	$	0.22	  	 	$	(0.33	) 	 	$	0.25	  	 	$	0.29	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net operating income (loss) per common share:	  				 				 				 				
Basic	  	$	0.17	  	 	$	(0.28	) 	 	$	0.44	  	 	$	0.26	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Diluted	  	$	0.17	  	 	$	(0.28	) 	 	$	0.43	  	 	$	0.25	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Weighted-average common shares outstanding:	  				 				 				 				
Basic	  	 	490.9	  	 	 	489.6	  	 	 	490.6	  	 	 	489.3	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Diluted	  	 	492.7	  	 	 	489.6	  	 	 	493.5	  	 	 	493.9	  	

22

Condensed Consolidated Balance Sheets
(Amounts in millions)

 	  	December 31,
2011	 	 	December 31,
2010	 	
Assets	  				 				
Cash, cash equivalents and invested assets	  	$	77,083	  	 	$	72,302	  	
Deferred acquisition costs	  	 	7,327	  	 	 	7,256	  	
Intangible assets	  	 	577	  	 	 	741	  	
Goodwill	  	 	1,253	  	 	 	1,329	  	
Reinsurance recoverable	  	 	16,982	  	 	 	17,191	  	
Deferred tax and other assets	  	 	958	  	 	 	1,910	  	
Separate account assets	  	 	10,122	  	 	 	11,666	  	
	  	 	 	 	 	 	 	 	
Total assets	  	$	114,302	  	 	$	112,395	  	
	  	 	 	 	 	 	 	 	
Liabilities and stockholders’ equity	  				 				
Liabilities:	  				 				
Future policy benefits	  	$	31,971	  	 	$	30,717	  	
Policyholder account balances	  	 	26,345	  	 	 	26,978	  	
Liability for policy and contract claims	  	 	7,620	  	 	 	6,933	  	
Unearned premiums	  	 	4,257	  	 	 	4,541	  	
Deferred tax and other liabilities	  	 	7,944	  	 	 	7,706	  	
Borrowings related to securitization entities	  	 	396	  	 	 	494	  	
Non-recourse funding obligations	  	 	3,256	  	 	 	3,437	  	
Long-term borrowings	  	 	4,726	  	 	 	4,952	  	
Separate account liabilities	  	 	10,122	  	 	 	11,666	  	
	  	 	 	 	 	 	 	 	
Total liabilities	  	 	96,637	  	 	 	97,424	  	
	  	 	 	 	 	 	 	 	
Stockholders’ equity:	  				 				
Common stock	  	 	1	  	 	 	1	  	
Additional paid-in capital	  	 	12,124	  	 	 	12,095	  	
	  	 	 	 	 	 	 	 	
Accumulated other comprehensive income (loss):	  				 				
Net unrealized investment gains (losses):	  				 				
Net unrealized gains (losses) on securities not other-than-temporarily impaired	  	 	1,586	  	 	 	21	  	
Net unrealized gains (losses) on other-than-temporarily impaired securities	  	 	(132	) 	 	 	(121	) 	
	  	 	 	 	 	 	 	 	
Net unrealized investment gains (losses)	  	 	1,454	  	 	 	(100	) 	
	  	 	 	 	 	 	 	 	
Derivatives qualifying as hedges	  	 	2,009	  	 	 	924	  	
Foreign currency translation and other adjustments	  	 	558	  	 	 	668	  	
	  	 	 	 	 	 	 	 	
Total accumulated other comprehensive income (loss)	  	 	4,021	  	 	 	1,492	  	
Retained earnings	  	 	3,095	  	 	 	2,973	  	
Treasury stock, at cost	  	 	(2,700	) 	 	 	(2,700	) 	
	  	 	 	 	 	 	 	 	
Total Genworth Financial, Inc.’s stockholders’ equity	  	 	16,541	  	 	 	13,861	  	
Noncontrolling interests	  	 	1,124	  	 	 	1,110	  	
	  	 	 	 	 	 	 	 	
Total stockholders’ equity	  	 	17,665	  	 	 	14,971	  	
	  	 	 	 	 	 	 	 	
Total liabilities and stockholders’ equity	  	$	114,302	  	 	$	112,395	  	

23

Impact of Foreign Exchange on Operating Results 9
Three months ended December 31, 2011

 	  	Percentages
Including  Foreign
Exchange	 	 	Percentages
Excluding  Foreign
Exchange 10 	 	
International Protection:	  				 				
Net operating income	  	 	—  	% 	 	 	(21	)% 	
Net operating income (4Q11 vs. 3Q11)	  	 	(24	)% 	 	 	(28	)% 	
			
International Mortgage Insurance (MI):	  				 				
Total operating income	  	 	(20	)% 	 	 	(24	)% 	
			
Canada MI:	  				 				
Net operating income	  	 	(13	)% 	 	 	(15	)% 	
Flow new insurance written	  	 	(7	)% 	 	 	(9	)% 	
Flow new insurance written (4Q11 vs. 3Q11)	  	 	(24	)% 	 	 	(21	)% 	
			
Australia MI:	  				 				
Net operating income	  	 	(4	)% 	 	 	(9	)% 	
Flow new insurance written	  	 	34	% 	 	 	27	% 	
Flow new insurance written (4Q11 vs. 3Q11)	  	 	11	% 	 	 	17	% 	

9  	All percentages are comparing the fourth quarter of 2011 to the fourth quarter of 2010 unless otherwise stated.	
10  	The impact of foreign exchange was calculated using the comparable prior period exchange rates.	
 
24

Reconciliation of Core Yield to Reported Yield

 	  	For the three
months  ended
December 31,
2011	 	
(Assets — amounts in billions)	  				
Reported Total Invested Assets and Cash	  	$	76.4	  	
Subtract:	  				
Securities lending	  	 	0.4	  	
Unrealized gains (losses)	  	 	5.0	  	
Derivative counterparty collateral	  	 	1.0	  	
	  	 	 	 	
Adjusted end of period invested assets	  	$	70.0	  	

Average Invested Assets Used in Reported Yield Calculation	  	$	69.2	  	
Subtract:	  				
Restricted commercial mortgage loans and other invested assets related to securitization entities 11	  	 	0.4	  	
	  	 	 	 	
Average Invested Assets Used in Core Yield Calculation	  	$	68.8	  	

(Income — amounts in millions)	  				
Reported Net Investment Income	  	$	827	  	
Subtract:	  				
Bond calls and commercial mortgage loan prepayments	  	 	10	  	
Reinsurance 12	  	 	19	  	
Other non-core items 13	  	 	7	  	
Restricted commercial mortgage loans and other invested assets related to securitization entities 11	  	 	6	  	
	  	 	 	 	
Core Net Investment Income	  	$	785	  	

Reported Yield	  	 	4.78	% 	
	  	 	 	 	
Core Yield	  	 	4.56	% 	

11	Represents the incremental assets and investment income related to restricted commercial mortgage loans and other invested assets.	
12	Represents imputed investment income related to reinsurance agreements in the lifestyle protection insurance business.	
13	Includes mark-to-market adjustment on assets supporting executive deferred compensation and various other immaterial items.	
 
25

Exhibit 99.2

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011

Table of Contents	  	Page	 	
Investor Letter	  	 	3	  	
Use of Non-GAAP Measures and Selected Operating Performance Measures	  	 	4	  	
Financial Highlights	  	 	5	  	
		
Fourth Quarter Results	  				
Net Income (Loss)	  	 	7	  	
Net Operating Income (Loss) by Segment	  	 	8	  	
Consolidated Net Income (Loss) by Quarter	  	 	9	  	
Net Operating Income (Loss) by Segment by Quarter	  	 	10	  	
Consolidated Balance Sheets	  	 	11-12	  	
Consolidated Balance Sheets by Segment	  	 	13-14	  	
Deferred Acquisition Costs Rollforward	  	 	15	  	
		
Quarterly Results	  				
Net Operating Income and Sales—Insurance and Wealth Management Division	  	 	17-30	  	
Net Operating Income and Sales—Mortgage Insurance Division	  	 	32-57	  	
Net Operating Loss and Sales—Corporate and Runoff Division	  	 	59-66	  	
		
Additional Financial Data	  				
Investments Summary	  	 	68	  	
Fixed Maturity Securities Summary 	  	 	69 	  	
Commercial Mortgage Loans Summary	  	 	70-71	  	
General Account GAAP Net Investment Income Yields	  	 	72	  	
Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail	  	 	73	  	
		
Reconciliations of Non-GAAP Measures	  				
Reconciliation of Operating Return On Equity (ROE)	  	 	75	  	
Reconciliation of Expense Ratio	  	 	76	  	
Reconciliation of Core Premiums	  	 	77	  	
Reconciliation of Core Yield	  	 	78	  	
		
Corporate Information	  				
Industry Ratings	  	 	80-81	  	
Note:
Unless otherwise noted, references in this financial supplement to net income (loss), net income (loss) per share, net operating income (loss), net operating income (loss) per share, book value and book value per common share should be read as net income (loss) available to Genworth Financial, Inc.’s common stockholders, net income (loss) available to Genworth Financial, Inc.’s common stockholders per share, net operating income (loss) available to Genworth Financial, Inc.’s common stockholders, net operating income (loss) available to Genworth Financial, Inc.’s common stockholders per share, book value available to Genworth Financial, Inc.’s common stockholders and book value available to Genworth Financial, Inc.’s common stockholders per share, respectively.
 
2

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
Dear Investor,
In conjunction with Genworth’s realignment announced in fourth quarter 2011, the fourth quarter financial supplement has been re-presented to reflect the following changes:
 
 	1)	Reflects new divisions:	
 
 	a.	Insurance and Wealth Management Division	
 
 	i.	U.S. Life Insurance segment	
 
 	1.	Life Insurance	
 
 	2.	Long-Term Care	
 
 	3.	Fixed Annuities	
 
 	ii.	International Protection segment	
 
 	iii.	Wealth Management segment	
 
 	b.	Mortgage Insurance Division	
 
 	i.	International Mortgage Insurance segment	
 
 	1.	Canada	
 
 	2.	Australia	
 
 	3.	Other Countries	
 
 	ii.	U.S. Mortgage Insurance segment	
 
 	c.	Corporate and Runoff Division	
 
 	i.	Runoff segment (includes non-strategic products primarily consisting of variable annuity, institutional and Medicare supplement insurance products)	
 
 	ii.	Corporate and Other	
 
 	2)	Life insurance in-force (page 23): whole life insurance has been combined with term life insurance reflecting products no longer being sold by the company.	
 
 	3)	International Protection segment (page 28): Revised sales by region to reflect how the business is currently being managed.	
 
 	4)	Provided average effective loan-to-value ratios by policy year for Canada and Australia for the current period (pages 42 and 44).	
 
 	5)	Medicare supplement insurance business which was previously reported in the long-term care insurance business is now reported in the Runoff segment (page 63).	
 
 	6)	The home equity access business which was previously reported in the long-term care insurance business is now reported in Corporate and Other (page 66).	
The revisions to the financial supplement relate solely to the presentation of segment specific disclosures and do not reflect any subsequent accounting changes.
Once again, thank you for your continued interest in Genworth Financial.
Please feel free to call with any questions or comments.
Regards,
Georgette Nicholas
Investor Relations
804 662.2248
 
3

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
Use of Non-GAAP Measures
This financial supplement includes the non-GAAP ( 1) financial measure entitled “net operating income (loss).” The chief operating decision maker evaluates segment performance and allocates resources on the basis of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders. The company defines net operating income (loss) available to Genworth Financial, Inc.’s common stockholders as income (loss) from continuing operations excluding net income attributable to noncontrolling interests, after-tax net investment gains (losses) and other adjustments and infrequent or unusual non-operating items. The company excludes net investment gains (losses) and infrequent or unusual non-operating items because the company does not consider them to be related to the operating performance of the company’s segments and Corporate and Other activities. A component of the company’s net investment gains (losses) is the result of impairments, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to the company’s discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Infrequent or unusual non-operating items are also excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders if, in the company’s opinion, they are not indicative of overall operating trends. While some of these items may be significant components of net income (loss) available to Genworth Financial, Inc.’s common stockholders in accordance with GAAP, the company believes that net operating income (loss) available to Genworth Financial, Inc.’s common stockholders and measures that are derived from or incorporate net operating income (loss) available to Genworth Financial, Inc.’s common stockholders, including net operating income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the business. However, net operating income (loss) available to Genworth Financial, Inc.’s common stockholders and net operating income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis are not substitutes for net income (loss) available to Genworth Financial, Inc.’s common stockholders or net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis determined in accordance with GAAP. In addition, the company’s definition of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders may differ from the definitions used by other companies. There were no infrequent or unusual non-operating items excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders during the periods presented other than a $20 million after-tax gain related to the sale of the Medicare supplement insurance business recorded in the fourth quarter of 2011 and a $106 million tax benefit related to separation from the company’s former parent recorded in the first quarter of 2010. The table on page 8 of this financial supplement reflects net operating income (loss) as determined in accordance with accounting guidance related to segment reporting, and a reconciliation of net operating income (loss) of the company’s segments and Corporate and Other activities to net income (loss) available to Genworth Financial, Inc.’s common stockholders for the three and twelve months ended December 31, 2011 and 2010. The financial supplement includes other non-GAAP measures management believes enhances the understanding and comparability of performance by highlighting underlying business activity and profitability drivers. These additional non-GAAP measures are on pages 75 through 78 of this financial supplement.
Selected Operating Performance Measures
This financial supplement contains selected operating performance measures including “sales,” “assets under management” and “insurance in-force” or “risk in-force” which are commonly used in the insurance and investment industries as measures of operating performance.
Management regularly monitors and reports sales metrics as a measure of volume of new and renewal business generated in a period. Sales refer to: (1) annualized first-year premiums for term life, long-term care and Medicare supplement insurance; (2) new and additional premiums/deposits for universal and term universal life insurance, linked-benefits, spread-based and variable products; (3) gross flows and net flows, which represent gross flows less redemptions, for the wealth management business; (4) written premiums and deposits, gross of ceded reinsurance and cancellations, and premium equivalents, where the company earns a fee for administrative services only business, for the lifestyle protection insurance business; and (5) new insurance written for mortgage insurance. Sales do not include renewal premiums on policies or contracts written during prior periods. The company considers annualized first-year premiums, new premiums/deposits, gross and net flows, written premiums, premium equivalents and new insurance written to be a measure of the company’s operating performance because they represent a measure of new sales of insurance policies or contracts during a specified period, rather than a measure of the company’s revenues or profitability during that period.
Management regularly monitors and reports assets under management for the wealth management business, insurance in-force and risk in-force. Assets under management for the wealth management business represent third-party assets under management that are not consolidated in the company’s financial statements. Insurance in-force for the life, international mortgage and U.S. mortgage insurance businesses is a measure of the aggregate face value of outstanding insurance policies as of the respective reporting date. For the risk in-force in the international mortgage insurance business, the company has computed an “effective” risk in-force amount, which recognizes that the loss on any particular loan will be reduced by the net proceeds received upon sale of the property. Effective risk in-force has been calculated by applying to insurance in-force a factor of 35% that represents the highest expected average per-claim payment for any one underwriting year over the life of the company’s businesses in Canada, Australia and New Zealand. Risk in-force for the U.S. mortgage insurance business is the obligation that is limited under contractual terms to the amounts less than 100% of the mortgage loan value. The company considers assets under management for the wealth management business, insurance in-force and risk in-force to be a measure of the company’s operating performance because they represent a measure of the size of the business at a specific date which will generate revenues and profits in a future period, rather than a measure of the company’s revenues or profitability during that period.
This financial supplement also includes information related to loss mitigation activities for the U.S. mortgage insurance business. The company defines loss mitigation activities as rescissions, cancellations, borrower loan modifications, repayment plans, lender- and borrower-titled presales, claims administration and other loan workouts. Estimated savings related to rescissions are the reduction in carried loss reserves, net of premium refunds and reinstatement of prior rescissions. Estimated savings related to loan modifications and other cure related loss mitigation actions represent the reduction in carried loss reserves. For non-cure related actions, including   presales, the estimated savings represent the difference between the full claim obligation and the actual amount paid. The company believes that this information helps to enhance the understanding of the operating performance of the U.S. mortgage insurance business as loss mitigation activities specifically impact current and future loss reserves and level of claim payments.
These operating measures enable the company to compare its operating performance across periods without regard to revenues or profitability related to policies or contracts sold in prior periods or from investments or other sources.

(1)  	U.S. Generally Accepted Accounting Principles	
 
4

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Financial Highlights
(amounts in millions, except per share data)

Balance Sheet Data	  	December 31,
2011	 	  	September 30,
2011	 	  	June 30,
2011	 	  	March 31,
2011	 	  	December 31,
2010	 	
Total Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income	  	$	12,520	  	  	$	12,406	  	  	$	12,370	  	  	$	12,457	  	  	$	12,369	  	
Total accumulated other comprehensive income	  	 	4,021	  	  	 	3,872	  	  	 	2,062	  	  	 	1,620	  	  	 	1,492	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total Genworth Financial, Inc.’s stockholders’ equity	  	$	16,541	  	  	$	16,278	  	  	$	14,432	  	  	$	14,077	  	  	$	13,861	  	

Book value per common share	  	$	33.70	  	  	$	33.16	  	  	$	29.41	  	  	$	28.70	  	  	$	28.31	  	
Book value per common share, excluding accumulated other comprehensive income	  	$	25.50	  	  	$	25.27	  	  	$	25.21	  	  	$	25.40	  	  	$	25.26	  	
Common shares outstanding as of the balance sheet date	  	 	490.9	  	  	 	490.9	  	  	 	490.7	  	  	 	490.5	  	  	 	489.7	  	

		
 	  	Twelve months ended	 	
Twelve Month Rolling Average ROE	  	December 31,
2011	 	 	September 30,
2011	 	 	June 30,
2011	 	 	March 31,
2011	 	 	December 31,
2010	 	
GAAP Basis ROE	  	 	1.0	% 	 	 	-1.2	% 	 	 	-0.7	% 	 	 	0.4	% 	 	 	1.1	% 	
Operating ROE (1)	  	 	1.7	% 	 	 	-0.1	% 	 	 	-0.7	% 	 	 	0.9	% 	 	 	1.0	% 	

		
 	  	Three months ended	 	
Quarterly Average ROE	  	December 31,
2011	 	 	September 30,
2011	 	 	June 30,
2011	 	 	March 31,
2011	 	 	December 31,
2010	 	
GAAP Basis ROE	  	 	3.4	% 	 	 	0.9	% 	 	 	-3.1	% 	 	 	2.6	% 	 	 	-5.2	% 	
Operating ROE (1)	  	 	2.8	% 	 	 	3.4	% 	 	 	-2.4	% 	 	 	3.2	% 	 	 	-4.3	% 	

				
Basic and Diluted Shares	  	Three months ended
December 31,
2011	 	  	Twelve months ended
December 31,
2011	 	  	 	
Weighted-average shares used in basic earnings per common share calculations	  	 	490.9	  	  	 	490.6	  	  		
Potentially dilutive securities:	  				  				  		
Stock options, restricted stock units and stock appreciation rights	  	 	1.8	  	  	 	2.9	  	  		
	  	 	 	 	  	 	 	 	  		
Weighted-average shares used in diluted earnings per common share calculations	  	 	492.7	  	  	 	493.5	  	  		

(1)  	See page 75 herein for a reconciliation of GAAP Basis ROE to Operating ROE.	
 
5

Fourth Quarter Results
 
6

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Income (Loss)
(amounts in millions)

 	  	Three months ended
December 31,	 	 	Twelve months ended
December 31,	 	
 	  	    2011    	 	 	    2010    	 	 	    2011    	 	 	    2010    	 	
REVENUES:	  				 				 				 				
Premiums	  	$	1,352	  	 	$	1,467	  	 	$	5,705	  	 	$	5,854	  	
Net investment income	  	 	827	  	 	 	863	  	 	 	3,380	  	 	 	3,266	  	
Net investment gains (losses)	  	 	5	  	 	 	(39	) 	 	 	(220	) 	 	 	(143	) 	
Insurance and investment product fees and other	  	 	416	  	 	 	300	  	 	 	1,479	  	 	 	1,112	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	2,600	  	 	 	2,591	  	 	 	10,344	  	 	 	10,089	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				
Benefits and other changes in policy reserves	  	 	1,388	  	 	 	1,837	  	 	 	5,926	  	 	 	5,994	  	
Interest credited	  	 	195	  	 	 	205	  	 	 	794	  	 	 	841	  	
Acquisition and operating expenses, net of deferrals	  	 	508	  	 	 	519	  	 	 	2,032	  	 	 	1,965	  	
Amortization of deferred acquisition costs and intangibles	  	 	171	  	 	 	166	  	 	 	743	  	 	 	756	  	
Goodwill impairment	  	 	29	  	 	 	—  	  	 	 	29	  	 	 	—  	  	
Interest expense	  	 	121	  	 	 	119	  	 	 	506	  	 	 	457	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	2,412	  	 	 	2,846	  	 	 	10,030	  	 	 	10,013	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	188	  	 	 	(255	) 	 	 	314	  	 	 	76	  	
Provision (benefit) for income taxes	  	 	48	  	 	 	(129	) 	 	 	53	  	 	 	(209	) 	
Effective tax rate	  	 	25.5	% 	 	 	50.6	% 	 	 	16.9	% 	 	 	-275.0	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	140	  	 	 	(126	) 	 	 	261	  	 	 	285	  	
Less: net income attributable to noncontrolling interests	  	 	33	  	 	 	35	  	 	 	139	  	 	 	143	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	$	107	  	 	$	(161	) 	 	$	122	  	 	$	142	  	

7

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss) by Segment
(amounts in millions, except per share amounts)

 	  	Three months ended
December 31,	 	 	Twelve months ended
December 31,	 	
 	  	    2011    	 	 	    2010    	 	 	    2011    	 	 	    2010    	 	
Insurance and Wealth Management Division	  				 				 				 				
U.S. Life Insurance segment:	  				 				 				 				
Life Insurance	  	$	60	  	 	$	42	  	 	$	256	  	 	$	144	  	
Long-Term Care	  	 	38	  	 	 	37	  	 	 	132	  	 	 	163	  	
Fixed Annuities	  	 	16	  	 	 	21	  	 	 	74	  	 	 	79	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total U.S. Life Insurance segment	  	 	114	  	 	 	100	  	 	 	462	  	 	 	386	  	
International Protection segment	  	 	19	  	 	 	19	  	 	 	94	  	 	 	71	  	
Wealth Management segment	  	 	12	  	 	 	11	  	 	 	47	  	 	 	40	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Insurance and Wealth Management Division	  	 	145	  	 	 	130	  	 	 	603	  	 	 	497	  	

Mortgage Insurance Division	  				 				 				 				
International Mortgage Insurance segment:	  				 				 				 				
Canada	  	 	40	  	 	 	46	  	 	 	161	  	 	 	176	  	
Australia	  	 	53	  	 	 	55	  	 	 	200	  	 	 	205	  	
Other Countries	  	 	(15	) 	 	 	(3	) 	 	 	(29	) 	 	 	(18	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total International Mortgage Insurance segment	  	 	78	  	 	 	98	  	 	 	332	  	 	 	363	  	
U.S. Mortgage Insurance segment	  	 	(94	) 	 	 	(352	) 	 	 	(507	) 	 	 	(580	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Mortgage Insurance Division	  	 	(16	) 	 	 	(254	) 	 	 	(175	) 	 	 	(217	) 	

Corporate and Runoff Division	  				 				 				 				
Runoff segment	  	 	20	  	 	 	34	  	 	 	25	  	 	 	30	  	
Corporate and Other	  	 	(63	) 	 	 	(45	) 	 	 	(239	) 	 	 	(184	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Corporate and Runoff Division	  	 	(43	) 	 	 	(11	) 	 	 	(214	) 	 	 	(154	) 	

NET OPERATING INCOME (LOSS)	  	 	86	  	 	 	(135	) 	 	 	214	  	 	 	126	  	
					
ADJUSTMENTS TO NET OPERATING INCOME (LOSS):	  				 				 				 				
Net investment gains (losses), net of taxes and other adjustments (1)	  	 	1	  	 	 	(26	) 	 	 	(112	) 	 	 	(90	) 	
Gain on sale of business, net of taxes	  	 	20	  	 	 	—  	  	 	 	20	  	 	 	—  	  	
Net tax benefit related to separation from the company’s former parent	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	106	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	107	  	 	 	(161	) 	 	 	122	  	 	 	142	  	
Add: net income attributable to noncontrolling interests	  	 	33	  	 	 	35	  	 	 	139	  	 	 	143	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	$	140	  	 	$	(126	) 	 	$	261	  	 	$	285	  	

Earnings (Loss) Per Share Data:	  				 				 				 				
					
Net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share	  				 				 				 				
Basic	  	$	0.22	  	 	$	(0.33	) 	 	$	0.25	  	 	$	0.29	  	
Diluted	  	$	0.22	  	 	$	(0.33	) 	 	$	0.25	  	 	$	0.29	  	
					
Net operating income (loss) per common share	  				 				 				 				
Basic	  	$	0.17	  	 	$	(0.28	) 	 	$	0.44	  	 	$	0.26	  	
Diluted	  	$	0.17	  	 	$	(0.28	) 	 	$	0.43	  	 	$	0.25	  	
					
Weighted-average shares outstanding	  				 				 				 				
Basic	  	 	490.9	  	 	 	489.6	  	 	 	490.6	  	 	 	489.3	  	
Diluted	  	 	492.7	  	 	 	489.6	  	 	 	493.5	  	 	 	493.9	  	

(1)  	See page 73 for details on net investment gains (losses), net of taxes and other adjustments.	
 
8

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Consolidated Net Income (Loss) by Quarter
(amounts in millions, except per share amounts)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	  	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				 				  				 				 				
Premiums	  	$	1,352	  	  	$	1,461	  	 	$	1,455	  	 	$	1,437	  	 	$	5,705	  	 	$	1,467	  	 	$	1,447	  	  	$	1,470	  	 	$	1,470	  	 	$	5,854	  	
Net investment income	  	 	827	  	  	 	842	  	 	 	881	  	 	 	830	  	 	 	3,380	  	 	 	863	  	 	 	815	  	  	 	823	  	 	 	765	  	 	 	3,266	  	
Net investment gains (losses)	  	 	5	  	  	 	(157	) 	 	 	(40	) 	 	 	(28	) 	 	 	(220	) 	 	 	(39	) 	 	 	105	  	  	 	(139	) 	 	 	(70	) 	 	 	(143	) 	
Insurance and investment product fees and other	  	 	416	  	  	 	375	  	 	 	359	  	 	 	329	  	 	 	1,479	  	 	 	300	  	 	 	300	  	  	 	256	  	 	 	256	  	 	 	1,112	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	2,600	  	  	 	2,521	  	 	 	2,655	  	 	 	2,568	  	 	 	10,344	  	 	 	2,591	  	 	 	2,667	  	  	 	2,410	  	 	 	2,421	  	 	 	10,089	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				 				  				 				 				
Benefits and other changes in policy reserves	  	 	1,388	  	  	 	1,457	  	 	 	1,672	  	 	 	1,409	  	 	 	5,926	  	 	 	1,837	  	 	 	1,502	  	  	 	1,340	  	 	 	1,315	  	 	 	5,994	  	
Interest credited	  	 	195	  	  	 	194	  	 	 	204	  	 	 	201	  	 	 	794	  	 	 	205	  	 	 	212	  	  	 	211	  	 	 	213	  	 	 	841	  	
Acquisition and operating expenses, net of deferrals	  	 	508	  	  	 	510	  	 	 	514	  	 	 	500	  	 	 	2,032	  	 	 	519	  	 	 	472	  	  	 	499	  	 	 	475	  	 	 	1,965	  	
Amortization of deferred acquisition costs and intangibles	  	 	171	  	  	 	190	  	 	 	197	  	 	 	185	  	 	 	743	  	 	 	166	  	 	 	227	  	  	 	179	  	 	 	184	  	 	 	756	  	
Goodwill impairment	  	 	29	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	29	  	 	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	
Interest expense	  	 	121	  	  	 	124	  	 	 	134	  	 	 	127	  	 	 	506	  	 	 	119	  	 	 	114	  	  	 	109	  	 	 	115	  	 	 	457	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	2,412	  	  	 	2,475	  	 	 	2,721	  	 	 	2,422	  	 	 	10,030	  	 	 	2,846	  	 	 	2,527	  	  	 	2,338	  	 	 	2,302	  	 	 	10,013	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	188	  	  	 	46	  	 	 	(66	) 	 	 	146	  	 	 	314	  	 	 	(255	) 	 	 	140	  	  	 	72	  	 	 	119	  	 	 	76	  	
Provision (benefit) for income taxes	  	 	48	  	  	 	(19	) 	 	 	(6	) 	 	 	30	  	 	 	53	  	 	 	(129	) 	 	 	18	  	  	 	(5	) 	 	 	(93	) 	 	 	(209	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	140	  	  	 	65	  	 	 	(60	) 	 	 	116	  	 	 	261	  	 	 	(126	) 	 	 	122	  	  	 	77	  	 	 	212	  	 	 	285	  	
Less: net income attributable to noncontrolling interests	  	 	33	  	  	 	36	  	 	 	36	  	 	 	34	  	 	 	139	  	 	 	35	  	 	 	39	  	  	 	35	  	 	 	34	  	 	 	143	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	$	107	  	  	$	29	  	 	$	(96	) 	 	$	82	  	 	$	122	  	 	$	(161	) 	 	$	83	  	  	$	42	  	 	$	178	  	 	$	142	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Earnings (Loss) Per Share Data:	  	 	 	 	  				 				 				 				 				 				  				 				 				
Net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share	  				  				 				 				 				 				 				  				 				 				
Basic	  	$	0.22	  	  	$	0.06	  	 	$	(0.20	) 	 	$	0.17	  	 	$	0.25	  	 	$	(0.33	) 	 	$	0.17	  	  	$	0.09	  	 	$	0.36	  	 	$	0.29	  	
Diluted	  	$	0.22	  	  	$	0.06	  	 	$	(0.20	) 	 	$	0.17	  	 	$	0.25	  	 	$	(0.33	) 	 	$	0.17	  	  	$	0.08	  	 	$	0.36	  	 	$	0.29	  	
Weighted-average shares outstanding	  				  				 				 				 				 				 				  				 				 				
Basic	  	 	490.9	  	  	 	490.8	  	 	 	490.6	  	 	 	490.1	  	 	 	490.6	  	 	 	489.6	  	 	 	489.5	  	  	 	489.1	  	 	 	488.8	  	 	 	489.3	  	
Diluted	  	 	492.7	  	  	 	492.5	  	 	 	490.6	  	 	 	494.4	  	 	 	493.5	  	 	 	489.6	  	 	 	493.9	  	  	 	494.2	  	 	 	493.5	  	 	 	493.9	  	
 
9

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss) by Segment by Quarter
(amounts in millions, except per share amounts)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Insurance and Wealth Management Division	  			 	  				 				 				 				 				 				 				 				 				
U.S. Life Insurance segment:	  			 	  				 				 				 				 				 				 				 				 				
Life Insurance	  	$	60	  	  	$	72	  	 	$	72	  	 	$	52	  	 	$	256	  	 	$	42	  	 	$	33	  	 	$	32	  	 	$	37	  	 	$	144	  	
Long-Term Care	  	 	38	  	  	 	23	  	 	 	27	  	 	 	44	  	 	 	132	  	 	 	37	  	 	 	38	  	 	 	46	  	 	 	42	  	 	 	163	  	
Fixed Annuities	  	 	16	  	  	 	20	  	 	 	24	  	 	 	14	  	 	 	74	  	 	 	21	  	 	 	16	  	 	 	25	  	 	 	17	  	 	 	79	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total U.S. Life Insurance segment	  	 	114	  	  	 	115	  	 	 	123	  	 	 	110	  	 	 	462	  	 	 	100	  	 	 	87	  	 	 	103	  	 	 	96	  	 	 	386	  	
International Protection segment	  	 	19	  	  	 	25	  	 	 	25	  	 	 	25	  	 	 	94	  	 	 	19	  	 	 	28	  	 	 	12	  	 	 	12	  	 	 	71	  	
Wealth Management segment	  	 	12	  	  	 	12	  	 	 	13	  	 	 	10	  	 	 	47	  	 	 	11	  	 	 	8	  	 	 	10	  	 	 	11	  	 	 	40	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Insurance and Wealth Management Division	  	 	145	  	  	 	152	  	 	 	161	  	 	 	145	  	 	 	603	  	 	 	130	  	 	 	123	  	 	 	125	  	 	 	119	  	 	 	497	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Mortgage Insurance Division	  			 	  				 				 				 				 				 				 				 				 				
International Mortgage Insurance segment:	  			 	  				 				 				 				 				 				 				 				 				
Canada	  	 	40	  	  	 	39	  	 	 	31	  	 	 	51	  	 	 	161	  	 	 	46	  	 	 	44	  	 	 	45	  	 	 	41	  	 	 	176	  	
Australia	  	 	53	  	  	 	41	  	 	 	54	  	 	 	52	  	 	 	200	  	 	 	55	  	 	 	48	  	 	 	59	  	 	 	43	  	 	 	205	  	
Other Countries	  	 	(15	) 	  	 	(7	) 	 	 	(3	) 	 	 	(4	) 	 	 	(29	) 	 	 	(3	) 	 	 	1	  	 	 	(11	) 	 	 	(5	) 	 	 	(18	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total International Mortgage Insurance segment	  	 	78	  	  	 	73	  	 	 	82	  	 	 	99	  	 	 	332	  	 	 	98	  	 	 	93	  	 	 	93	  	 	 	79	  	 	 	363	  	
U.S. Mortgage Insurance segment	  	 	(94	) 	  	 	(79	) 	 	 	(253	) 	 	 	(81	) 	 	 	(507	) 	 	 	(352	) 	 	 	(152	) 	 	 	(40	) 	 	 	(36	) 	 	 	(580	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Mortgage Insurance Division	  	 	(16	) 	  	 	(6	) 	 	 	(171	) 	 	 	18	  	 	 	(175	) 	 	 	(254	) 	 	 	(59	) 	 	 	53	  	 	 	43	  	 	 	(217	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Corporate and Runoff Division	  			 	  				 				 				 				 				 				 				 				 				
Runoff segment	  	 	20	  	  	 	(11	) 	 	 	12	  	 	 	4	  	 	 	25	  	 	 	34	  	 	 	9	  	 	 	(7	) 	 	 	(6	) 	 	 	30	  	
Corporate and Other	  	 	(63	) 	  	 	(31	) 	 	 	(76	) 	 	 	(69	) 	 	 	(239	) 	 	 	(45	) 	 	 	(44	) 	 	 	(53	) 	 	 	(42	) 	 	 	(184	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Corporate and Runoff Division	  	 	(43	) 	  	 	(42	) 	 	 	(64	) 	 	 	(65	) 	 	 	(214	) 	 	 	(11	) 	 	 	(35	) 	 	 	(60	) 	 	 	(48	) 	 	 	(154	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	 	86	  	  	 	104	  	 	 	(74	) 	 	 	98	  	 	 	214	  	 	 	(135	) 	 	 	29	  	 	 	118	  	 	 	114	  	 	 	126	  	
ADJUSTMENTS TO NET OPERATING INCOME (LOSS):	  			 	  				 				 				 				 				 				 				 				 				
Net investment gains (losses), net of taxes and other adjustments	  	 	1	  	  	 	(75	) 	 	 	(22	) 	 	 	(16	) 	 	 	(112	) 	 	 	(26	) 	 	 	54	  	 	 	(76	) 	 	 	(42	) 	 	 	(90	) 	
Gain on sale of business, net of taxes	  	 	20	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	20	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Net tax benefit related to separation from the company’s former parent	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	106	  	 	 	106	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	107	  	  	 	29	  	 	 	(96	) 	 	 	82	  	 	 	122	  	 	 	(161	) 	 	 	83	  	 	 	42	  	 	 	178	  	 	 	142	  	
Add: net income attributable to noncontrolling interests	  	 	33	  	  	 	36	  	 	 	36	  	 	 	34	  	 	 	139	  	 	 	35	  	 	 	39	  	 	 	35	  	 	 	34	  	 	 	143	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	$	140	  	  	$	65	  	 	$	(60	) 	 	$	116	  	 	$	261	  	 	$	(126	) 	 	$	122	  	 	$	77	  	 	$	212	  	 	$	285	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Earnings (Loss) Per Share Data:	  	 	 	 	  				 				 				 				 				 				 				 				 				
Net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share	  				  				 				 				 				 				 				 				 				 				
Basic	  	$	0.22	  	  	$	0.06	  	 	$	(0.20	) 	 	$	0.17	  	 	$	0.25	  	 	$	(0.33	) 	 	$	0.17	  	 	$	0.09	  	 	$	0.36	  	 	$	0.29	  	
Diluted	  	$	0.22	  	  	$	0.06	  	 	$	(0.20	) 	 	$	0.17	  	 	$	0.25	  	 	$	(0.33	) 	 	$	0.17	  	 	$	0.08	  	 	$	0.36	  	 	$	0.29	  	
Net operating income (loss) per common share	  				  				 				 				 				 				 				 				 				 				
Basic	  	$	0.17	  	  	$	0.21	  	 	$	(0.15	) 	 	$	0.20	  	 	$	0.44	  	 	$	(0.28	) 	 	$	0.06	  	 	$	0.24	  	 	$	0.23	  	 	$	0.26	  	
Diluted	  	$	0.17	  	  	$	0.21	  	 	$	(0.15	) 	 	$	0.20	  	 	$	0.43	  	 	$	(0.28	) 	 	$	0.06	  	 	$	0.24	  	 	$	0.23	  	 	$	0.25	  	
Weighted-average shares outstanding	  				  				 				 				 				 				 				 				 				 				
Basic	  	 	490.9	  	  	 	490.8	  	 	 	490.6	  	 	 	490.1	  	 	 	490.6	  	 	 	489.6	  	 	 	489.5	  	 	 	489.1	  	 	 	488.8	  	 	 	489.3	  	
Diluted	  	 	492.7	  	  	 	492.5	  	 	 	490.6	  	 	 	494.4	  	 	 	493.5	  	 	 	489.6	  	 	 	493.9	  	 	 	494.2	  	 	 	493.5	  	 	 	493.9	  	
 
10

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Consolidated Balance Sheets
(amounts in millions)

 	  	December 31,
2011	 	  	September 30,
2011	 	  	June 30,
2011	 	  	March 31,
2011	 	  	December 31,
2010	 	
ASSETS	  			 	  				  				  				  				
Investments:	  			 	  				  				  				  				
Fixed maturity securities available-for-sale, at fair value	  	$	58,295	  	  	$	57,816	  	  	$	56,221	  	  	$	54,998	  	  	$	55,183	  	
Equity securities available-for-sale, at fair value	  	 	361	  	  	 	354	  	  	 	374	  	  	 	355	  	  	 	332	  	
Commercial mortgage loans	  	 	6,092	  	  	 	6,271	  	  	 	6,432	  	  	 	6,600	  	  	 	6,718	  	
Restricted commercial mortgage loans related to securitization entities	  	 	411	  	  	 	430	  	  	 	457	  	  	 	485	  	  	 	507	  	
Policy loans	  	 	1,549	  	  	 	1,556	  	  	 	1,542	  	  	 	1,480	  	  	 	1,471	  	
Other invested assets	  	 	4,819	  	  	 	5,626	  	  	 	3,301	  	  	 	3,752	  	  	 	3,854	  	
Restricted other invested assets related to securitization entities	  	 	377	  	  	 	377	  	  	 	379	  	  	 	376	  	  	 	372	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total investments	  	 	71,904	  	  	 	72,430	  	  	 	68,706	  	  	 	68,046	  	  	 	68,437	  	
Cash and cash equivalents	  	 	4,488	  	  	 	3,648	  	  	 	2,831	  	  	 	3,742	  	  	 	3,132	  	
Accrued investment income	  	 	691	  	  	 	725	  	  	 	693	  	  	 	794	  	  	 	733	  	
Deferred acquisition costs	  	 	7,327	  	  	 	7,359	  	  	 	7,362	  	  	 	7,334	  	  	 	7,256	  	
Intangible assets	  	 	577	  	  	 	626	  	  	 	692	  	  	 	713	  	  	 	741	  	
Goodwill	  	 	1,253	  	  	 	1,326	  	  	 	1,333	  	  	 	1,331	  	  	 	1,329	  	
Reinsurance recoverable	  	 	16,982	  	  	 	16,976	  	  	 	16,999	  	  	 	17,102	  	  	 	17,191	  	
Other assets	  	 	958	  	  	 	1,002	  	  	 	988	  	  	 	883	  	  	 	810	  	
Deferred tax asset	  	 	—  	  	  	 	—  	  	  	 	1,291	  	  	 	1,188	  	  	 	1,100	  	
Separate account assets	  	 	10,122	  	  	 	9,794	  	  	 	11,452	  	  	 	11,807	  	  	 	11,666	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total assets	  	$	114,302	  	  	$	113,886	  	  	$	112,347	  	  	$	112,940	  	  	$	112,395	  	

 
11

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Consolidated Balance Sheets
(amounts in millions)

   	  	December 31,
2011	 	  	September 30,
2011	 	 	June 30,
2011	 	 	March 31,
2011	 	 	December 31,
2010	 	
LIABILITIES AND STOCKHOLDERS’ EQUITY	  			 	  				 				 				 				
Liabilities:	  			 	  				 				 				 				
Future policy benefits	  	$	31,971	  	  	$	31,745	  	 	$	31,177	  	 	$	30,872	  	 	$	30,717	  	
Policyholder account balances	  	 	26,345	  	  	 	26,480	  	 	 	26,115	  	 	 	26,399	  	 	 	26,978	  	
Liability for policy and contract claims	  	 	7,620	  	  	 	7,379	  	 	 	7,327	  	 	 	6,959	  	 	 	6,933	  	
Unearned premiums	  	 	4,257	  	  	 	4,210	  	 	 	4,563	  	 	 	4,529	  	 	 	4,541	  	
Other liabilities	  	 	6,308	  	  	 	6,755	  	 	 	5,637	  	 	 	6,189	  	 	 	6,085	  	
Borrowings related to securitization entities	  	 	396	  	  	 	414	  	 	 	452	  	 	 	489	  	 	 	494	  	
Non-recourse funding obligations	  	 	3,256	  	  	 	3,280	  	 	 	3,374	  	 	 	3,431	  	 	 	3,437	  	
Long-term borrowings	  	 	4,726	  	  	 	4,708	  	 	 	4,755	  	 	 	5,347	  	 	 	4,952	  	
Deferred tax liability	  	 	1,636	  	  	 	1,753	  	 	 	1,937	  	 	 	1,689	  	 	 	1,621	  	
Separate account liabilities	  	 	10,122	  	  	 	9,794	  	 	 	11,452	  	 	 	11,807	  	 	 	11,666	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities	  	 	96,637	  	  	 	96,518	  	 	 	96,789	  	 	 	97,711	  	 	 	97,424	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Stockholders’ equity:	  			 	  				 				 				 				
Common stock	  	 	1	  	  	 	1	  	 	 	1	  	 	 	1	  	 	 	1	  	
Additional paid-in capital	  	 	12,124	  	  	 	12,117	  	 	 	12,110	  	 	 	12,101	  	 	 	12,095	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Accumulated other comprehensive income (loss):	  			 	  				 				 				 				
Net unrealized investment gains (losses):	  			 	  				 				 				 				
Net unrealized gains on securities not other-than-temporarily impaired	  	 	1,586	  	  	 	1,579	  	 	 	352	  	 	 	77	  	 	 	21	  	
Net unrealized gains (losses) on other-than-temporarily impaired securities	  	 	(132	) 	  	 	(126	) 	 	 	(116	) 	 	 	(114	) 	 	 	(121	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net unrealized investment gains (losses)	  	 	1,454	  	  	 	1,453	  	 	 	236	  	 	 	(37	) 	 	 	(100	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Derivatives qualifying as hedges	  	 	2,009	  	  	 	1,960	  	 	 	943	  	 	 	864	  	 	 	924	  	
Foreign currency translation and other adjustments	  	 	558	  	  	 	459	  	 	 	883	  	 	 	793	  	 	 	668	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total accumulated other comprehensive income	  	 	4,021	  	  	 	3,872	  	 	 	2,062	  	 	 	1,620	  	 	 	1,492	  	
Retained earnings	  	 	3,095	  	  	 	2,988	  	 	 	2,959	  	 	 	3,055	  	 	 	2,973	  	
Treasury stock, at cost	  	 	(2,700	) 	  	 	(2,700	) 	 	 	(2,700	) 	 	 	(2,700	) 	 	 	(2,700	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Genworth Financial, Inc.’s stockholders’ equity	  	 	16,541	  	  	 	16,278	  	 	 	14,432	  	 	 	14,077	  	 	 	13,861	  	
Noncontrolling interests	  	 	1,124	  	  	 	1,090	  	 	 	1,126	  	 	 	1,152	  	 	 	1,110	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total stockholders’ equity	  	 	17,665	  	  	 	17,368	  	 	 	15,558	  	 	 	15,229	  	 	 	14,971	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities and stockholders’ equity	  	$	114,302	  	  	$	113,886	  	 	$	112,347	  	 	$	112,940	  	 	$	112,395	  	

 
12

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Consolidated Balance Sheet by Segment
(amounts in millions)

 	 	December 31, 2011	 	
 	 	U.S. Life
Insurance	 	 	International
Protection	 	 	Wealth
Management	 	 	International
Mortgage
Insurance	 	 	U.S. Mortgage
Insurance	 	 	Runoff	 	 	Corporate
and
Other (1) 	 	 	Total	 	
ASSETS	 				 				 				 				 				 				 				 				
Cash and investments	 	$	53,846	  	 	$	1,825	  	 	$	47	  	 	$	9,245	  	 	$	2,665	  	 	$	4,481	  	 	$	4,974	  	 	$	77,083	  	
Deferred acquisition costs and intangible assets	 	 	7,425	  	 	 	397	  	 	 	407	  	 	 	351	  	 	 	56	  	 	 	478	  	 	 	43	  	 	 	9,157	  	
Reinsurance recoverable	 	 	15,774	  	 	 	29	  	 	 	—  	  	 	 	6	  	 	 	208	  	 	 	965	  	 	 	—  	  	 	 	16,982	  	
Deferred tax and other assets	 	 	374	  	 	 	153	  	 	 	69	  	 	 	146	  	 	 	75	  	 	 	56	  	 	 	85	  	 	 	958	  	
Separate account assets	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	10,122	  	 	 	—  	  	 	 	10,122	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total assets	 	$	77,419	  	 	$	2,404	  	 	$	523	  	 	$	9,748	  	 	$	3,004	  	 	$	16,102	  	 	$	5,102	  	 	$	114,302	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LIABILITIES AND STOCKHOLDERS’ EQUITY	 				 				 				 				 				 				 				 				
Liabilities:	 				 				 				 				 				 				 				 				
Future policy benefits	 	$	31,964	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	7	  	 	$	—  	  	 	$	31,971	  	
Policyholder account balances	 	 	20,943	  	 	 	17	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	5,385	  	 	 	—  	  	 	 	26,345	  	
Liability for policy and contract claims	 	 	4,418	  	 	 	133	  	 	 	—  	  	 	 	553	  	 	 	2,488	  	 	 	28	  	 	 	—  	  	 	 	7,620	  	
Unearned premiums	 	 	610	  	 	 	592	  	 	 	—  	  	 	 	2,932	  	 	 	112	  	 	 	11	  	 	 	—  	  	 	 	4,257	  	
Non-recourse funding obligations	 	 	3,356	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(100	) 	 	 	3,256	  	
Deferred tax and other liabilities	 	 	5,149	  	 	 	540	  	 	 	50	  	 	 	635	  	 	 	(726	) 	 	 	24	  	 	 	2,272	  	 	 	7,944	  	
Borrowings and capital securities	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	561	  	 	 	—  	  	 	 	6	  	 	 	4,555	  	 	 	5,122	  	
Separate account liabilities	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	10,122	  	 	 	—  	  	 	 	10,122	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities	 	 	66,440	  	 	 	1,282	  	 	 	50	  	 	 	4,681	  	 	 	1,874	  	 	 	15,583	  	 	 	6,727	  	 	 	96,637	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Stockholders’ equity:	 				 				 				 				 				 				 				 				
Allocated equity, excluding accumulated other comprehensive income (loss)	 	 	7,378	  	 	 	1,114	  	 	 	473	  	 	 	3,185	  	 	 	1,134	  	 	 	688	  	 	 	(1,452	) 	 	 	12,520	  	
Allocated accumulated other comprehensive income (loss)	 	 	3,601	  	 	 	8	  	 	 	—  	  	 	 	758	  	 	 	(4	) 	 	 	(169	) 	 	 	(173	) 	 	 	4,021	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Genworth Financial, Inc.’s stockholders’ equity	 	 	10,979	  	 	 	1,122	  	 	 	473	  	 	 	3,943	  	 	 	1,130	  	 	 	519	  	 	 	(1,625	) 	 	 	16,541	  	
Noncontrolling interests	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1,124	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1,124	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total stockholders’ equity	 	 	10,979	  	 	 	1,122	  	 	 	473	  	 	 	5,067	  	 	 	1,130	  	 	 	519	  	 	 	(1,625	) 	 	 	17,665	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities and stockholders’ equity	 	$	77,419	  	 	$	2,404	  	 	$	523	  	 	$	9,748	  	 	$	3,004	  	 	$	16,102	  	 	$	5,102	  	 	$	114,302	  	

(1)  	Includes inter-segment eliminations and non-core products.	
 
13

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Consolidated Balance Sheet by Segment
(amounts in millions)

 	  	September 30, 2011	 	
 	  	U.S. Life
Insurance	 	  	International
Protection	 	  	Wealth
Management	 	  	International
Mortgage
Insurance	 	  	U.S.
Mortgage
Insurance	 	 	Runoff	 	 	Corporate
and
Other (1) 	 	 	Total	 	
ASSETS	  				  				  				  				  				 				 				 				
Cash and investments	  	$	53,524	  	  	$	2,018	  	  	$	40	  	  	$	8,985	  	  	$	2,775	  	 	$	4,855	  	 	$	4,606	  	 	$	76,803	  	
Deferred acquisition costs and intangible assets	  	 	7,376	  	  	 	420	  	  	 	406	  	  	 	342	  	  	 	55	  	 	 	640	  	 	 	72	  	 	 	9,311	  	
Reinsurance recoverable	  	 	15,713	  	  	 	33	  	  	 	—  	  	  	 	5	  	  	 	260	  	 	 	965	  	 	 	—  	  	 	 	16,976	  	
Deferred tax and other assets	  	 	362	  	  	 	183	  	  	 	98	  	  	 	107	  	  	 	70	  	 	 	109	  	 	 	73	  	 	 	1,002	  	
Separate account assets	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	9,794	  	 	 	—  	  	 	 	9,794	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total assets	  	$	76,975	  	  	$	2,654	  	  	$	544	  	  	$	9,439	  	  	$	3,160	  	 	$	16,363	  	 	$	4,751	  	 	$	113,886	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LIABILITIES AND STOCKHOLDERS’ EQUITY	  				  				  				  				  				 				 				 				
Liabilities:	  				  				  				  				  				 				 				 				
Future policy benefits	  	$	31,690	  	  	$	—  	  	  	$	—  	  	  	$	—  	  	  	$	—  	  	 	$	55	  	 	$	—  	  	 	$	31,745	  	
Policyholder account balances	  	 	20,862	  	  	 	17	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	5,601	  	 	 	—  	  	 	 	26,480	  	
Liability for policy and contract claims	  	 	4,189	  	  	 	150	  	  	 	—  	  	  	 	499	  	  	 	2,486	  	 	 	55	  	 	 	—  	  	 	 	7,379	  	
Unearned premiums	  	 	571	  	  	 	639	  	  	 	—  	  	  	 	2,863	  	  	 	111	  	 	 	26	  	 	 	—  	  	 	 	4,210	  	
Non-recourse funding obligations	  	 	3,380	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	(100	) 	 	 	3,280	  	
Deferred tax and other liabilities	  	 	5,146	  	  	 	508	  	  	 	46	  	  	 	690	  	  	 	(650	) 	 	 	(33	) 	 	 	2,801	  	 	 	8,508	  	
Borrowings and capital securities	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	543	  	  	 	—  	  	 	 	7	  	 	 	4,572	  	 	 	5,122	  	
Separate account liabilities	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	9,794	  	 	 	—  	  	 	 	9,794	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities	  	 	65,838	  	  	 	1,314	  	  	 	46	  	  	 	4,595	  	  	 	1,947	  	 	 	15,505	  	 	 	7,273	  	 	 	96,518	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Stockholders’ equity:	  				  				  				  				  				 				 				 				
Allocated equity, excluding accumulated other comprehensive income (loss)	  	 	7,624	  	  	 	1,300	  	  	 	498	  	  	 	3,140	  	  	 	1,193	  	 	 	1,014	  	 	 	(2,363	) 	 	 	12,406	  	
Allocated accumulated other comprehensive income (loss)	  	 	3,513	  	  	 	40	  	  	 	—  	  	  	 	614	  	  	 	20	  	 	 	(156	) 	 	 	(159	) 	 	 	3,872	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Genworth Financial, Inc.’s stockholders’ equity	  	 	11,137	  	  	 	1,340	  	  	 	498	  	  	 	3,754	  	  	 	1,213	  	 	 	858	  	 	 	(2,522	) 	 	 	16,278	  	
Noncontrolling interests	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	1,090	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1,090	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total stockholders’ equity	  	 	11,137	  	  	 	1,340	  	  	 	498	  	  	 	4,844	  	  	 	1,213	  	 	 	858	  	 	 	(2,522	) 	 	 	17,368	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities and stockholders’ equity	  	$	76,975	  	  	$	2,654	  	  	$	544	  	  	$	9,439	  	  	$	3,160	  	 	$	16,363	  	 	$	4,751	  	 	$	113,886	  	

(1)  	Includes inter-segment eliminations and non-core products.	
 
14

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Deferred Acquisition Costs Rollforward
(amounts in millions)

 	  	U.S. Life
Insurance	 	 	International
Protection	 	 	Wealth
Management	 	  	International
Mortgage
Insurance	 	 	U.S.
Mortgage
Insurance	 	 	Runoff	 	 	Corporate
and
Other (1) 	 	  	Total	 	
Unamortized balance as of September 30, 2011	  	$	6,493	  	 	$	310	  	 	$	—  	  	  	$	259	  	 	$	43	  	 	$	549	  	 	$	—  	  	  	$	7,654	  	
Costs deferred	  	 	166	  	 	 	21	  	 	 	—  	  	  	 	18	  	 	 	6	  	 	 	2	  	 	 	—  	  	  	 	213	  	
Amortization, net of interest accretion (1)	  	 	(76	) 	 	 	(35	) 	 	 	—  	  	  	 	(19	) 	 	 	(4	) 	 	 	(2	) 	 	 	—  	  	  	 	(136	) 	
Impact of foreign currency translation	  	 	—  	  	 	 	(8	) 	 	 	—  	  	  	 	9	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	  	 	1	  	
Other (2)	  	 	—  	  	 	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	(94	) 	 				  	 	(94	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	
Unamortized balance as of December 31, 2011	  	 	6,583	  	 	 	288	  	 	 	—  	  	  	 	267	  	 	 	45	  	 	 	455	  	 	 	—  	  	  	 	7,638	  	
Effect of accumulated net unrealized investment (gains) losses	  	 	(302	) 	 	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	(9	) 	 	 	—  	  	  	 	(311	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	
Balance as of December 31, 2011	  	$	6,281	  	 	$	288	  	 	$	—  	  	  	$	267	  	 	$	45	  	 	$	446	  	 	$	—  	  	  	$	7,327	  	

(1)  	Amortization, net of interest accretion, includes $3 million of amortization related to net investment gains (losses) for the policyholder account balances.	
(2)  	Relates to the sale of the Medicare supplement insurance business in the fourth quarter of 2011.	
 
15

Insurance and Wealth Management Division
 
16

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income—Insurance and Wealth Management Division
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	950	  	 	$	959	  	 	$	961	  	 	$	948	  	 	$	3,818	  	 	$	973	  	 	$	981	  	 	$	987	  	 	$	1,002	  	 	$	3,943	  	
Net investment income	  	 	666	  	 	 	675	  	 	 	701	  	 	 	669	  	 	 	2,711	  	 	 	681	  	 	 	655	  	 	 	657	  	 	 	634	  	 	 	2,627	  	
Net investment gains (losses)	  	 	(2	) 	 	 	(21	) 	 	 	(32	) 	 	 	(19	) 	 	 	(74	) 	 	 	(46	) 	 	 	(11	) 	 	 	(47	) 	 	 	(50	) 	 	 	(154	) 	
Insurance and investment product fees and other	  	 	292	  	 	 	307	  	 	 	290	  	 	 	261	  	 	 	1,150	  	 	 	223	  	 	 	218	  	 	 	202	  	 	 	191	  	 	 	834	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	1,906	  	 	 	1,920	  	 	 	1,920	  	 	 	1,859	  	 	 	7,605	  	 	 	1,831	  	 	 	1,843	  	 	 	1,799	  	 	 	1,777	  	 	 	7,250	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	995	  	 	 	1,001	  	 	 	970	  	 	 	943	  	 	 	3,909	  	 	 	995	  	 	 	963	  	 	 	946	  	 	 	940	  	 	 	3,844	  	
Interest credited	  	 	163	  	 	 	160	  	 	 	170	  	 	 	166	  	 	 	659	  	 	 	168	  	 	 	172	  	 	 	173	  	 	 	172	  	 	 	685	  	
Acquisition and operating expenses, net of deferrals	  	 	376	  	 	 	375	  	 	 	382	  	 	 	371	  	 	 	1,504	  	 	 	363	  	 	 	348	  	 	 	363	  	 	 	348	  	 	 	1,422	  	
Amortization of deferred acquisition costs and intangibles	  	 	139	  	 	 	121	  	 	 	141	  	 	 	133	  	 	 	534	  	 	 	120	  	 	 	157	  	 	 	121	  	 	 	148	  	 	 	546	  	
Interest expense	  	 	29	  	 	 	33	  	 	 	41	  	 	 	39	  	 	 	142	  	 	 	37	  	 	 	34	  	 	 	38	  	 	 	45	  	 	 	154	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	1,702	  	 	 	1,690	  	 	 	1,704	  	 	 	1,652	  	 	 	6,748	  	 	 	1,683	  	 	 	1,674	  	 	 	1,641	  	 	 	1,653	  	 	 	6,651	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	204	  	 	 	230	  	 	 	216	  	 	 	207	  	 	 	857	  	 	 	148	  	 	 	169	  	 	 	158	  	 	 	124	  	 	 	599	  	
Provision for income taxes	  	 	63	  	 	 	76	  	 	 	74	  	 	 	72	  	 	 	285	  	 	 	49	  	 	 	54	  	 	 	54	  	 	 	36	  	 	 	193	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	141	  	 	 	154	  	 	 	142	  	 	 	135	  	 	 	572	  	 	 	99	  	 	 	115	  	 	 	104	  	 	 	88	  	 	 	406	  	
ADJUSTMENT TO NET INCOME:	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	4	  	 	 	(2	) 	 	 	19	  	 	 	10	  	 	 	31	  	 	 	31	  	 	 	8	  	 	 	21	  	 	 	31	  	 	 	91	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	145	  	 	$	152	  	 	$	161	  	 	$	145	  	 	$	603	  	 	$	130	  	 	$	123	  	 	$	125	  	 	$	119	  	 	$	497	  	

Effective tax rate (operating income) (1)	  	 	30.8	% 	 	 	33.4	% 	 	 	34.1	% 	 	 	34.7	% 	 	 	33.3	% 	 	 	34.0	% 	 	 	32.3	% 	 	 	34.2	% 	 	 	30.7	% 	 	 	32.9	% 	

(1)  	The operating income (loss) effective tax rate for all pages in this financial supplement was calculated using whole dollars. As a result, the percentages shown may differ from an operating income (loss) effective tax rate calculated using the rounded numbers in this financial supplement.	
 
17

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income—Insurance and Wealth Management Division
(amounts in millions)

 	  	U.S. Life Insurance Segment	 	 	 	 	 	 	 	 	 	 	
Three months ended December 31, 2011	  	Life Insurance	 	 	Long-Term Care	 	 	Fixed Annuities	 	 	Total U.S.  Life
Insurance
Segment	 	 	International
Protection
Segment	 	 	Wealth
Management
Segment	 	 	Total	 	
REVENUES:	  				 				 				 				 				 				 				
Premiums	  	$	205	  	 	$	520	  	 	$	33	  	 	$	758	  	 	$	192	  	 	$	—  	  	 	$	950	  	
Net investment income	  	 	131	  	 	 	246	  	 	 	255	  	 	 	632	  	 	 	34	  	 	 	—  	  	 	 	666	  	
Net investment gains (losses)	  	 	(13	) 	 	 	8	  	 	 	5	  	 	 	—  	  	 	 	(2	) 	 	 	—  	  	 	 	(2	) 	
Insurance and investment product fees and other	  	 	174	  	 	 	1	  	 	 	1	  	 	 	176	  	 	 	2	  	 	 	114	  	 	 	292	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	497	  	 	 	775	  	 	 	294	  	 	 	1,566	  	 	 	226	  	 	 	114	  	 	 	1,906	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	256	  	 	 	593	  	 	 	115	  	 	 	964	  	 	 	31	  	 	 	—  	  	 	 	995	  	
Interest credited	  	 	64	  	 	 	—  	  	 	 	99	  	 	 	163	  	 	 	—  	  	 	 	—  	  	 	 	163	  	
Acquisition and operating expenses, net of deferrals	  	 	38	  	 	 	89	  	 	 	22	  	 	 	149	  	 	 	134	  	 	 	93	  	 	 	376	  	
Amortization of deferred acquisition costs and intangibles	  	 	34	  	 	 	35	  	 	 	31	  	 	 	100	  	 	 	37	  	 	 	2	  	 	 	139	  	
Interest expense	  	 	26	  	 	 	—  	  	 	 	—  	  	 	 	26	  	 	 	3	  	 	 	—  	  	 	 	29	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	418	  	 	 	717	  	 	 	267	  	 	 	1,402	  	 	 	205	  	 	 	95	  	 	 	1,702	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	79	  	 	 	58	  	 	 	27	  	 	 	164	  	 	 	21	  	 	 	19	  	 	 	204	  	
Provision for income taxes	  	 	28	  	 	 	15	  	 	 	10	  	 	 	53	  	 	 	3	  	 	 	7	  	 	 	63	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	51	  	 	 	43	  	 	 	17	  	 	 	111	  	 	 	18	  	 	 	12	  	 	 	141	  	
ADJUSTMENT TO NET INCOME:	  				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	9	  	 	 	(5	) 	 	 	(1	) 	 	 	3	  	 	 	1	  	 	 	—  	  	 	 	4	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	60	  	 	$	38	  	 	$	16	  	 	$	114	  	 	$	19	  	 	$	12	  	 	$	145	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	  	 	35.5	% 	 	 	24.7	% 	 	 	37.7	% 	 	 	32.6	% 	 	 	11.6	% 	 	 	36.2	% 	 	 	30.8	% 	

 	  	U.S. Life Insurance Segment	 	 	 	 	 	 	 	 	 	 	
Three months ended December 31, 2010	  	Life Insurance	 	 	Long-Term Care	 	 	Fixed Annuities	 	 	Total U.S.  Life
Insurance
Segment	 	 	International
Protection
Segment	 	 	Wealth
Management
Segment	 	 	Total	 	
REVENUES:	  				 				 				 				 				 				 				
Premiums	  	$	217	  	 	$	492	  	 	$	45	  	 	$	754	  	 	$	219	  	 	$	—  	  	 	$	973	  	
Net investment income	  	 	131	  	 	 	240	  	 	 	273	  	 	 	644	  	 	 	37	  	 	 	—  	  	 	 	681	  	
Net investment gains (losses)	  	 	(15	) 	 	 	(19	) 	 	 	(11	) 	 	 	(45	) 	 	 	(1	) 	 	 	—  	  	 	 	(46	) 	
Insurance and investment product fees and other	  	 	124	  	 	 	1	  	 	 	1	  	 	 	126	  	 	 	4	  	 	 	93	  	 	 	223	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	457	  	 	 	714	  	 	 	308	  	 	 	1,479	  	 	 	259	  	 	 	93	  	 	 	1,831	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	246	  	 	 	582	  	 	 	133	  	 	 	961	  	 	 	34	  	 	 	—  	  	 	 	995	  	
Interest credited	  	 	60	  	 	 	1	  	 	 	107	  	 	 	168	  	 	 	—  	  	 	 	—  	  	 	 	168	  	
Acquisition and operating expenses, net of deferrals	  	 	40	  	 	 	86	  	 	 	18	  	 	 	144	  	 	 	143	  	 	 	76	  	 	 	363	  	
Amortization of deferred acquisition costs and intangibles	  	 	38	  	 	 	7	  	 	 	29	  	 	 	74	  	 	 	45	  	 	 	1	  	 	 	120	  	
Interest expense	  	 	26	  	 	 	—  	  	 	 	—  	  	 	 	26	  	 	 	11	  	 	 	—  	  	 	 	37	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	410	  	 	 	676	  	 	 	287	  	 	 	1,373	  	 	 	233	  	 	 	77	  	 	 	1,683	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	47	  	 	 	38	  	 	 	21	  	 	 	106	  	 	 	26	  	 	 	16	  	 	 	148	  	
Provision for income taxes	  	 	15	  	 	 	13	  	 	 	8	  	 	 	36	  	 	 	8	  	 	 	5	  	 	 	49	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	32	  	 	 	25	  	 	 	13	  	 	 	70	  	 	 	18	  	 	 	11	  	 	 	99	  	
ADJUSTMENT TO NET INCOME:	  				 				 				 				 				 				 				
Net investment losses, net of taxes and other adjustments	  	 	10	  	 	 	12	  	 	 	8	  	 	 	30	  	 	 	1	  	 	 	—  	  	 	 	31	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	42	  	 	$	37	  	 	$	21	  	 	$	100	  	 	$	19	  	 	$	11	  	 	$	130	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income) 	  	 	32.2	%  	 	 	35.9 	%  	 	 	37.8 	%  	 	 	34.8 	%  	 	 	31.4 	%  	 	 	30.3 	%  	 	 	34.0	%  	
 
18

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income—Insurance and Wealth Management Division
(amounts in millions)

 	  	U.S. Life Insurance Segment	 	 	 	 	 	 	 	 	 	 	
Twelve months ended December 31, 2011	  	Life Insurance	 	 	Long-Term Care	 	 	Fixed Annuities	 	 	Total U.S.  Life
Insurance
Segment	 	 	International
Protection
Segment	 	 	Wealth
Management
Segment	 	 	Total	 	
REVENUES:	  				 				 				 				 				 				 				
Premiums	  	$	864	  	 	$	2,020	  	 	$	95	  	 	$	2,979	  	 	$	839	  	 	$	—  	  	 	$	3,818	  	
Net investment income	  	 	534	  	 	 	959	  	 	 	1,045	  	 	 	2,538	  	 	 	173	  	 	 	—  	  	 	 	2,711	  	
Net investment gains (losses)	  	 	(32	) 	 	 	19	  	 	 	(60	) 	 	 	(73	) 	 	 	(1	) 	 	 	—  	  	 	 	(74	) 	
Insurance and investment product fees and other	  	 	676	  	 	 	4	  	 	 	6	  	 	 	686	  	 	 	11	  	 	 	453	  	 	 	1,150	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	2,042	  	 	 	3,002	  	 	 	1,086	  	 	 	6,130	  	 	 	1,022	  	 	 	453	  	 	 	7,605	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	1,019	  	 	 	2,324	  	 	 	431	  	 	 	3,774	  	 	 	135	  	 	 	—  	  	 	 	3,909	  	
Interest credited	  	 	255	  	 	 	—  	  	 	 	404	  	 	 	659	  	 	 	—  	  	 	 	—  	  	 	 	659	  	
Acquisition and operating expenses, net of deferrals	  	 	151	  	 	 	341	  	 	 	70	  	 	 	562	  	 	 	570	  	 	 	372	  	 	 	1,504	  	
Amortization of deferred acquisition costs and intangibles	  	 	151	  	 	 	120	  	 	 	99	  	 	 	370	  	 	 	159	  	 	 	5	  	 	 	534	  	
Interest expense	  	 	103	  	 	 	1	  	 	 	—  	  	 	 	104	  	 	 	38	  	 	 	—  	  	 	 	142	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	1,679	  	 	 	2,786	  	 	 	1,004	  	 	 	5,469	  	 	 	902	  	 	 	377	  	 	 	6,748	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	363	  	 	 	216	  	 	 	82	  	 	 	661	  	 	 	120	  	 	 	76	  	 	 	857	  	
Provision for income taxes	  	 	128	  	 	 	72	  	 	 	29	  	 	 	229	  	 	 	27	  	 	 	29	  	 	 	285	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	235	  	 	 	144	  	 	 	53	  	 	 	432	  	 	 	93	  	 	 	47	  	 	 	572	  	
	  				 				 				 				 				 				 				
ADJUSTMENT TO NET INCOME:	  				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	21	  	 	 	(12	) 	 	 	21	  	 	 	30	  	 	 	1	  	 	 	—  	  	 	 	31	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	256	  	 	$	132	  	 	$	74	  	 	$	462	  	 	$	94	  	 	$	47	  	 	$	603	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income) 	  	 	35.3 	%  	 	 	33.1 	%  	 	 	35.1 	%  	 	 	34.7 	%  	 	 	22.1 	%  	 	 	38.3 	%  	 	 	33.3	%  	

 	  	U.S. Life Insurance Segment	 	 	 	 	 	 	 	 	 	 	
Twelve months ended December 31, 2010	  	Life Insurance	 	 	Long-Term Care	 	 	Fixed Annuities	 	 	Total U.S.  Life
Insurance
Segment	 	 	International
Protection
Segment	 	 	Wealth
Management
Segment	 	 	Total	 	
REVENUES:	  				 				 				 				 				 				 				
Premiums	  	$	904	  	 	$	1,945	  	 	$	155	  	 	$	3,004	  	 	$	939	  	 	$	—  	  	 	$	3,943	  	
Net investment income	  	 	478	  	 	 	902	  	 	 	1,093	  	 	 	2,473	  	 	 	154	  	 	 	—  	  	 	 	2,627	  	
Net investment gains (losses)	  	 	(61	) 	 	 	(17	) 	 	 	(81	) 	 	 	(159	) 	 	 	5	  	 	 	—  	  	 	 	(154	) 	
Insurance and investment product fees and other	  	 	457	  	 	 	4	  	 	 	7	  	 	 	468	  	 	 	14	  	 	 	352	  	 	 	834	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	1,778	  	 	 	2,834	  	 	 	1,174	  	 	 	5,786	  	 	 	1,112	  	 	 	352	  	 	 	7,250	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	953	  	 	 	2,169	  	 	 	526	  	 	 	3,648	  	 	 	196	  	 	 	—  	  	 	 	3,844	  	
Interest credited	  	 	243	  	 	 	4	  	 	 	438	  	 	 	685	  	 	 	—  	  	 	 	—  	  	 	 	685	  	
Acquisition and operating expenses, net of deferrals	  	 	155	  	 	 	320	  	 	 	67	  	 	 	542	  	 	 	593	  	 	 	287	  	 	 	1,422	  	
Amortization of deferred acquisition costs and intangibles	  	 	178	  	 	 	104	  	 	 	83	  	 	 	365	  	 	 	177	  	 	 	4	  	 	 	546	  	
Interest expense	  	 	102	  	 	 	1	  	 	 	—  	  	 	 	103	  	 	 	51	  	 	 	—  	  	 	 	154	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	1,631	  	 	 	2,598	  	 	 	1,114	  	 	 	5,343	  	 	 	1,017	  	 	 	291	  	 	 	6,651	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES 	  	 	147	  	 	 	236	  	 	 	60	  	 	 	443	  	 	 	95	  	 	 	61	  	 	 	599	  	
Provision for income taxes	  	 	45	  	 	 	84	  	 	 	22	  	 	 	151	  	 	 	21	  	 	 	21	  	 	 	193	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME 	  	 	102	  	 	 	152	  	 	 	38	  	 	 	292	  	 	 	74	  	 	 	40	  	 	 	406	  	
	  				 				 				 				 				 				 				
ADJUSTMENT TO NET INCOME:	  				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	42	  	 	 	11	  	 	 	41	  	 	 	94	  	 	 	(3	) 	 	 	—  	  	 	 	91	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME 	  	$	144	  	 	$	163	  	 	$	79	  	 	$	386	  	 	$	71	  	 	$	40	  	 	$	497	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income) 	  	 	31.8 	%  	 	 	35.7 	%  	 	 	36.0 	%  	 	 	34.4 	%  	 	 	21.5 	%  	 	 	34.4 	%  	 	 	32.9	%  	
 
19

U.S. Life Insurance Segment
 
20

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income—U.S. Life Insurance Segment
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	758	  	 	$	750	  	 	$	738	  	 	$	733	  	 	$	2,979	  	 	$	754	  	 	$	763	  	 	$	743	  	 	$	744	  	 	$	3,004	  	
Net investment income	  	 	632	  	 	 	637	  	 	 	648	  	 	 	621	  	 	 	2,538	  	 	 	644	  	 	 	623	  	 	 	619	  	 	 	587	  	 	 	2,473	  	
Net investment gains (losses)	  	 	—  	  	 	 	(19	) 	 	 	(33	) 	 	 	(21	) 	 	 	(73	) 	 	 	(45	) 	 	 	(13	) 	 	 	(49	) 	 	 	(52	) 	 	 	(159	) 	
Insurance and investment product fees and other	  	 	176	  	 	 	192	  	 	 	172	  	 	 	146	  	 	 	686	  	 	 	126	  	 	 	123	  	 	 	113	  	 	 	106	  	 	 	468	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	1,566	  	 	 	1,560	  	 	 	1,525	  	 	 	1,479	  	 	 	6,130	  	 	 	1,479	  	 	 	1,496	  	 	 	1,426	  	 	 	1,385	  	 	 	5,786	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	964	  	 	 	964	  	 	 	935	  	 	 	911	  	 	 	3,774	  	 	 	961	  	 	 	926	  	 	 	889	  	 	 	872	  	 	 	3,648	  	
Interest credited	  	 	163	  	 	 	160	  	 	 	170	  	 	 	166	  	 	 	659	  	 	 	168	  	 	 	172	  	 	 	173	  	 	 	172	  	 	 	685	  	
Acquisition and operating expenses, net of deferrals	  	 	149	  	 	 	143	  	 	 	139	  	 	 	131	  	 	 	562	  	 	 	144	  	 	 	136	  	 	 	134	  	 	 	128	  	 	 	542	  	
Amortization of deferred acquisition costs and intangibles	  	 	100	  	 	 	84	  	 	 	94	  	 	 	92	  	 	 	370	  	 	 	74	  	 	 	117	  	 	 	77	  	 	 	97	  	 	 	365	  	
Interest expense	  	 	26	  	 	 	27	  	 	 	25	  	 	 	26	  	 	 	104	  	 	 	26	  	 	 	27	  	 	 	28	  	 	 	22	  	 	 	103	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	1,402	  	 	 	1,378	  	 	 	1,363	  	 	 	1,326	  	 	 	5,469	  	 	 	1,373	  	 	 	1,378	  	 	 	1,301	  	 	 	1,291	  	 	 	5,343	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	164	  	 	 	182	  	 	 	162	  	 	 	153	  	 	 	661	  	 	 	106	  	 	 	118	  	 	 	125	  	 	 	94	  	 	 	443	  	
Provision for income taxes	  	 	53	  	 	 	63	  	 	 	58	  	 	 	55	  	 	 	229	  	 	 	36	  	 	 	41	  	 	 	44	  	 	 	30	  	 	 	151	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	111	  	 	 	119	  	 	 	104	  	 	 	98	  	 	 	432	  	 	 	70	  	 	 	77	  	 	 	81	  	 	 	64	  	 	 	292	  	
ADJUSTMENT TO NET INCOME:	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	3	  	 	 	(4	) 	 	 	19	  	 	 	12	  	 	 	30	  	 	 	30	  	 	 	10	  	 	 	22	  	 	 	32	  	 	 	94	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	114	  	 	$	115	  	 	$	123	  	 	$	110	  	 	$	462	  	 	$	100	  	 	$	87	  	 	$	103	  	 	$	96	  	 	$	386	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	  	 	32.6	% 	 	 	34.5	% 	 	 	35.8	% 	 	 	35.6	% 	 	 	34.7	% 	 	 	34.8	% 	 	 	34.8	% 	 	 	35.0	% 	 	 	32.9	% 	 	 	34.4	% 	
 
21

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income and Sales—U.S. Life Insurance Segment—Life Insurance
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				 				 				 				 				
Premiums	  	$	205	  	  	$	215	  	 	$	222	  	 	$	222	  	 	$	864	  	 	$	217	  	 	$	226	  	 	$	232	  	 	$	229	  	 	$	904	  	
Net investment income	  	 	131	  	  	 	132	  	 	 	141	  	 	 	130	  	 	 	534	  	 	 	131	  	 	 	122	  	 	 	119	  	 	 	106	  	 	 	478	  	
Net investment gains (losses)	  	 	(13	) 	  	 	(4	) 	 	 	(15	) 	 	 	—  	  	 	 	(32	) 	 	 	(15	) 	 	 	(13	) 	 	 	(7	) 	 	 	(26	) 	 	 	(61	) 	
Insurance and investment product fees and other	  	 	174	  	  	 	189	  	 	 	170	  	 	 	143	  	 	 	676	  	 	 	124	  	 	 	120	  	 	 	109	  	 	 	104	  	 	 	457	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	497	  	  	 	532	  	 	 	518	  	 	 	495	  	 	 	2,042	  	 	 	457	  	 	 	455	  	 	 	453	  	 	 	413	  	 	 	1,778	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	256	  	  	 	258	  	 	 	247	  	 	 	258	  	 	 	1,019	  	 	 	246	  	 	 	239	  	 	 	240	  	 	 	228	  	 	 	953	  	
Interest credited	  	 	64	  	  	 	59	  	 	 	69	  	 	 	63	  	 	 	255	  	 	 	60	  	 	 	62	  	 	 	61	  	 	 	60	  	 	 	243	  	
Acquisition and operating expenses, net of deferrals	  	 	38	  	  	 	43	  	 	 	41	  	 	 	29	  	 	 	151	  	 	 	40	  	 	 	39	  	 	 	39	  	 	 	37	  	 	 	155	  	
Amortization of deferred acquisition costs and intangibles	  	 	34	  	  	 	38	  	 	 	41	  	 	 	38	  	 	 	151	  	 	 	38	  	 	 	52	  	 	 	43	  	 	 	45	  	 	 	178	  	
Interest expense	  	 	26	  	  	 	26	  	 	 	25	  	 	 	26	  	 	 	103	  	 	 	26	  	 	 	26	  	 	 	28	  	 	 	22	  	 	 	102	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	418	  	  	 	424	  	 	 	423	  	 	 	414	  	 	 	1,679	  	 	 	410	  	 	 	418	  	 	 	411	  	 	 	392	  	 	 	1,631	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	79	  	  	 	108	  	 	 	95	  	 	 	81	  	 	 	363	  	 	 	47	  	 	 	37	  	 	 	42	  	 	 	21	  	 	 	147	  	
Provision for income taxes	  	 	28	  	  	 	38	  	 	 	33	  	 	 	29	  	 	 	128	  	 	 	15	  	 	 	13	  	 	 	14	  	 	 	3	  	 	 	45	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	51	  	  	 	70	  	 	 	62	  	 	 	52	  	 	 	235	  	 	 	32	  	 	 	24	  	 	 	28	  	 	 	18	  	 	 	102	  	
	 										
ADJUSTMENT TO NET INCOME:	  			 	  				 				 				 				 				 				 				 				 				
Net investment losses, net of taxes and other adjustments	  	 	9	  	  	 	2	  	 	 	10	  	 	 	—  	  	 	 	21	  	 	 	10	  	 	 	9	  	 	 	4	  	 	 	19	  	 	 	42	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	60	  	  	$	72	  	 	$	72	  	 	$	52	  	 	$	256	  	 	$	42	  	 	$	33	  	 	$	32	  	 	$	37	  	 	$	144	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	  	 	35.5	% 	  	 	35.0	% 	 	 	35.4	% 	 	 	35.5	% 	 	 	35.3	% 	 	 	32.2	% 	 	 	34.9	% 	 	 	34.6	% 	 	 	25.4	% 	 	 	31.8	% 	
											
SALES:	  				  				 				 				 				 				 				 				 				 				
Sales by Product:	  				  				 				 				 				 				 				 				 				 				
Term Life	  	$	—  	  	  	$	1	  	 	$	—  	  	 	$	—  	  	 	$	1	  	 	$	—  	  	 	$	1	  	 	$	4	  	 	$	14	  	 	$	19	  	
Term Universal Life	  	 	31	  	  	 	34	  	 	 	36	  	 	 	31	  	 	 	132	  	 	 	31	  	 	 	31	  	 	 	24	  	 	 	10	  	 	 	96	  	
Universal Life:	  			 	  				 				 				 				 				 				 				 				 				
Annualized First-Year Deposits	  	 	12	  	  	 	10	  	 	 	9	  	 	 	11	  	 	 	42	  	 	 	10	  	 	 	10	  	 	 	9	  	 	 	8	  	 	 	37	  	
Linked-Benefits (1)	  	 	20	  	  	 	20	  	 	 	25	  	 	 	23	  	 	 	88	  	 	 	14	  	 	 	14	  	 	 	11	  	 	 	11	  	 	 	50	  	
Excess Deposits	  	 	37	  	  	 	40	  	 	 	35	  	 	 	36	  	 	 	148	  	 	 	33	  	 	 	26	  	 	 	27	  	 	 	20	  	 	 	106	  	
Sales by Distribution Channel:	  			 	  				 				 				 				 				 				 				 				 				
Financial Intermediaries	  	$	9	  	  	$	12	  	 	$	14	  	 	$	14	  	 	$	49	  	 	$	8	  	 	$	9	  	 	$	7	  	 	$	6	  	 	$	30	  	
Independent Producers	  	 	89	  	  	 	92	  	 	 	88	  	 	 	85	  	 	 	354	  	 	 	79	  	 	 	72	  	 	 	67	  	 	 	56	  	 	 	274	  	
Dedicated Sales Specialist	  	 	2	  	  	 	1	  	 	 	3	  	 	 	2	  	 	 	8	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	4	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales (1) 	  	$	100	  	  	$	105	  	 	$	105	  	 	$	101	  	 	$	411	  	 	$	88	  	 	$	82	  	 	$	75	  	 	$	63	  	 	$	308	  	

In the first quarter of 2011, the company began reporting the results of the linked-benefits product for universal life insurance in the life insurance business. The linked-benefits product for universal life insurance was previously reported in the long-term care insurance business. The amounts associated with this product were not material and the prior period amounts in the financial statements have not been re-presented.

(1)  	The sales for the linked-benefits product were previously reported in the long-term care insurance business in 2010 but have been reflected in this business for comparability purposes.	
 
22

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Life Insurance In-Force
(amounts in millions)

 	  	2011	 	  	2010	 	
 	  	4Q	 	  	3Q	 	  	2Q	 	  	1Q	 	  	4Q	 	  	3Q	 	  	2Q	 	  	1Q	 	
Term and Whole Life Insurance (1)	  			 	  				  				  				  				  				  				  				
Life insurance in-force, net of reinsurance	  	$	439,743	  	  	$	444,861	  	  	$	449,806	  	  	$	454,704	  	  	$	459,763	  	  	$	468,070	  	  	$	471,004	  	  	$	475,667	  	
Life insurance in-force before reinsurance	  	$	568,261	  	  	$	575,689	  	  	$	583,007	  	  	$	590,569	  	  	$	598,333	  	  	$	606,808	  	  	$	615,618	  	  	$	623,547	  	
	 								
Term Universal Life Insurance	  			 	  				  				  				  				  				  				  				
Life insurance in-force, net of reinsurance	  	$	99,753	  	  	$	87,238	  	  	$	73,569	  	  	$	58,371	  	  	$	45,256	  	  	$	31,761	  	  	$	17,754	  	  	$	5,453	  	
Life insurance in-force before reinsurance	  	$	100,476	  	  	$	87,896	  	  	$	74,107	  	  	$	58,811	  	  	$	45,562	  	  	$	31,935	  	  	$	17,820	  	  	$	5,456	  	
	 								
Universal Life Insurance (1) 	  			 	  				  				  				  				  				  				  				
Life insurance in-force, net of reinsurance	  	$	42,363	  	  	$	42,015	  	  	$	41,737	  	  	$	41,543	  	  	$	41,183	  	  	$	41,002	  	  	$	40,837	  	  	$	40,741	  	
Life insurance in-force before reinsurance	  	$	49,204	  	  	$	48,199	  	  	$	47,990	  	  	$	47,831	  	  	$	47,528	  	  	$	47,430	  	  	$	47,283	  	  	$	47,216	  	
	 								
Total Life Insurance	  			 	  				  				  				  				  				  				  				
Life insurance in-force, net of reinsurance	  	$	581,859	  	  	$	574,114	  	  	$	565,112	  	  	$	554,618	  	  	$	546,202	  	  	$	540,833	  	  	$	529,595	  	  	$	521,861	  	
Life insurance in-force before reinsurance	  	$	717,941	  	  	$	711,784	  	  	$	705,104	  	  	$	697,211	  	  	$	691,423	  	  	$	686,173	  	  	$	680,721	  	  	$	676,219	  	

(1)  	The prior period amounts have been re-presented to report in-force amounts for whole life insurance with term life insurance as these products are no longer being sold. In-force amounts for whole life insurance were previously reported with universal life insurance.	
 
23

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income and Sales—U.S. Life Insurance Segment—Long-Term Care
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				 				 				 				 				
Premiums	  	$	520	  	  	$	513	  	 	$	496	  	 	$	491	  	 	$	2,020	  	 	$	492	  	 	$	495	  	 	$	479	  	 	$	479	  	 	$	1,945	  	
Net investment income	  	 	246	  	  	 	244	  	 	 	240	  	 	 	229	  	 	 	959	  	 	 	240	  	 	 	230	  	 	 	223	  	 	 	209	  	 	 	902	  	
Net investment gains (losses)	  	 	8	  	  	 	27	  	 	 	(8	) 	 	 	(8	) 	 	 	19	  	 	 	(19	) 	 	 	(5	) 	 	 	5	  	 	 	2	  	 	 	(17	) 	
Insurance and investment product fees and other	  	 	1	  	  	 	1	  	 	 	1	  	 	 	1	  	 	 	4	  	 	 	1	  	 	 	1	  	 	 	2	  	 	 	—  	  	 	 	4	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	775	  	  	 	785	  	 	 	729	  	 	 	713	  	 	 	3,002	  	 	 	714	  	 	 	721	  	 	 	709	  	 	 	690	  	 	 	2,834	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	593	  	  	 	605	  	 	 	583	  	 	 	543	  	 	 	2,324	  	 	 	582	  	 	 	548	  	 	 	522	  	 	 	517	  	 	 	2,169	  	
Interest credited	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	4	  	
Acquisition and operating expenses, net of deferrals	  	 	89	  	  	 	86	  	 	 	83	  	 	 	83	  	 	 	341	  	 	 	86	  	 	 	81	  	 	 	79	  	 	 	74	  	 	 	320	  	
Amortization of deferred acquisition costs and intangibles	  	 	35	  	  	 	29	  	 	 	28	  	 	 	28	  	 	 	120	  	 	 	7	  	 	 	37	  	 	 	29	  	 	 	31	  	 	 	104	  	
Interest expense	  	 	—  	  	  	 	1	  	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	1	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	717	  	  	 	721	  	 	 	694	  	 	 	654	  	 	 	2,786	  	 	 	676	  	 	 	668	  	 	 	631	  	 	 	623	  	 	 	2,598	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	58	  	  	 	64	  	 	 	35	  	 	 	59	  	 	 	216	  	 	 	38	  	 	 	53	  	 	 	78	  	 	 	67	  	 	 	236	  	
Provision for income taxes	  	 	15	  	  	 	23	  	 	 	13	  	 	 	21	  	 	 	72	  	 	 	13	  	 	 	19	  	 	 	28	  	 	 	24	  	 	 	84	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	43	  	  	 	41	  	 	 	22	  	 	 	38	  	 	 	144	  	 	 	25	  	 	 	34	  	 	 	50	  	 	 	43	  	 	 	152	  	
	 										
ADJUSTMENT TO NET INCOME:	  			 	  				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	(5	) 	  	 	(18	) 	 	 	5	  	 	 	6	  	 	 	(12	) 	 	 	12	  	 	 	4	  	 	 	(4	) 	 	 	(1	) 	 	 	11	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	38	  	  	$	23	  	 	$	27	  	 	$	44	  	 	$	132	  	 	$	37	  	 	$	38	  	 	$	46	  	 	$	42	  	 	$	163	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	  	 	24.7	% 	  	 	35.6	% 	 	 	36.7	% 	 	 	35.9	% 	 	 	33.1	% 	 	 	35.9	% 	 	 	35.4	% 	 	 	35.5	% 	 	 	36.1	% 	 	 	35.7	% 	
											
SALES:	  				  				 				 				 				 				 				 				 				 				
Sales by Distribution Channel:	  	 	 	 	  				 				 				 				 				 				 				 				 				
Financial Intermediaries	  	$	6	  	  	$	6	  	 	$	5	  	 	$	5	  	 	$	22	  	 	$	4	  	 	$	5	  	 	$	3	  	 	$	4	  	 	$	16	  	
Independent Producers	  	 	35	  	  	 	34	  	 	 	31	  	 	 	29	  	 	 	129	  	 	 	23	  	 	 	21	  	 	 	18	  	 	 	16	  	 	 	78	  	
Dedicated Sales Specialist	  	 	15	  	  	 	14	  	 	 	14	  	 	 	12	  	 	 	55	  	 	 	12	  	 	 	12	  	 	 	13	  	 	 	11	  	 	 	48	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Individual Long-Term Care	  	 	56	  	  	 	54	  	 	 	50	  	 	 	46	  	 	 	206	  	 	 	39	  	 	 	38	  	 	 	34	  	 	 	31	  	 	 	142	  	
Group Long-Term Care	  	 	9	  	  	 	—  	  	 	 	2	  	 	 	2	  	 	 	13	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	8	  	 	 	17	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales (1) 	  	$	65	  	  	$	54	  	 	$	52	  	 	$	48	  	 	$	219	  	 	$	42	  	 	$	41	  	 	$	37	  	 	$	39	  	 	$	159	  	

RATIOS:	  				  				 				 				 				 				 				 				 				 				
Loss Ratio (2)	  	 	67.1	% 	  	 	71.4	% 	 	 	70.4	% 	 	 	64.5	% 	 	 	68.4	% 	 	 	72.8	% 	 	 	66.6	% 	 	 	64.6	% 	 	 	64.6	% 	 	 	67.2	% 	
Gross Benefits Ratio (3)	  	 	114.1	% 	  	 	118.0	% 	 	 	117.3	% 	 	 	110.6	% 	 	 	115.0	% 	 	 	118.3	% 	 	 	110.8	% 	 	 	108.9	% 	 	 	107.8	% 	 	 	111.5	% 	
In the first quarter of 2011, the company began reporting the results of the linked-benefits product for universal life insurance and fixed annuities in the life insurance and fixed annuities businesses, respectively. The linked-benefits product was previously reported in the long-term care insurance business. The amounts associated with this product were not material and the prior period amounts in the financial statements have not been re-presented.

(1)  	The sales associated with linked-benefits products related to universal life insurance and single premium deferred annuities that were previously reported in the long-term care insurance business are being reflected in the life insurance and fixed annuities businesses, respectively, for comparability purposes.	
(2)  	The loss ratio was calculated by dividing benefits and other changes in policy reserves less tabular interest on reserves less loss adjustment expenses by net earned premiums.	
(3)  	The gross benefits ratio was calculated by dividing the benefits and other changes in policy reserves by net earned premiums.	
 
24

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income and Sales—U.S. Life Insurance Segment—Fixed Annuities
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	33	  	 	$	22	  	 	$	20	  	 	$	20	  	 	$	95	  	 	$	45	  	 	$	42	  	 	$	32	  	 	$	36	  	 	$	155	  	
Net investment income	  	 	255	  	 	 	261	  	 	 	267	  	 	 	262	  	 	 	1,045	  	 	 	273	  	 	 	271	  	 	 	277	  	 	 	272	  	 	 	1,093	  	
Net investment gains (losses)	  	 	5	  	 	 	(42	) 	 	 	(10	) 	 	 	(13	) 	 	 	(60	) 	 	 	(11	) 	 	 	5	  	 	 	(47	) 	 	 	(28	) 	 	 	(81	) 	
Insurance and investment product fees and other	  	 	1	  	 	 	2	  	 	 	1	  	 	 	2	  	 	 	6	  	 	 	1	  	 	 	2	  	 	 	2	  	 	 	2	  	 	 	7	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	294	  	 	 	243	  	 	 	278	  	 	 	271	  	 	 	1,086	  	 	 	308	  	 	 	320	  	 	 	264	  	 	 	282	  	 	 	1,174	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	115	  	 	 	101	  	 	 	105	  	 	 	110	  	 	 	431	  	 	 	133	  	 	 	139	  	 	 	127	  	 	 	127	  	 	 	526	  	
Interest credited	  	 	99	  	 	 	101	  	 	 	101	  	 	 	103	  	 	 	404	  	 	 	107	  	 	 	109	  	 	 	111	  	 	 	111	  	 	 	438	  	
Acquisition and operating expenses, net of deferrals	  	 	22	  	 	 	14	  	 	 	15	  	 	 	19	  	 	 	70	  	 	 	18	  	 	 	16	  	 	 	16	  	 	 	17	  	 	 	67	  	
Amortization of deferred acquisition costs and intangibles	  	 	31	  	 	 	17	  	 	 	25	  	 	 	26	  	 	 	99	  	 	 	29	  	 	 	28	  	 	 	5	  	 	 	21	  	 	 	83	  	
Interest expense	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	267	  	 	 	233	  	 	 	246	  	 	 	258	  	 	 	1,004	  	 	 	287	  	 	 	292	  	 	 	259	  	 	 	276	  	 	 	1,114	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	27	  	 	 	10	  	 	 	32	  	 	 	13	  	 	 	82	  	 	 	21	  	 	 	28	  	 	 	5	  	 	 	6	  	 	 	60	  	
Provision for income taxes	  	 	10	  	 	 	2	  	 	 	12	  	 	 	5	  	 	 	29	  	 	 	8	  	 	 	9	  	 	 	2	  	 	 	3	  	 	 	22	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	17	  	 	 	8	  	 	 	20	  	 	 	8	  	 	 	53	  	 	 	13	  	 	 	19	  	 	 	3	  	 	 	3	  	 	 	38	  	
	 										
ADJUSTMENT TO NET INCOME:	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	(1	) 	 	 	12	  	 	 	4	  	 	 	6	  	 	 	21	  	 	 	8	  	 	 	(3	) 	 	 	22	  	 	 	14	  	 	 	41	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	16	  	 	$	20	  	 	$	24	  	 	$	14	  	 	$	74	  	 	$	21	  	 	$	16	  	 	$	25	  	 	$	17	  	 	$	79	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	  	 	37.7	% 	 	 	31.4	% 	 	 	35.8	% 	 	 	35.6	% 	 	 	35.1	% 	 	 	37.8	% 	 	 	33.4	% 	 	 	34.6	% 	 	 	38.3	% 	 	 	36.0	% 	
											
SALES:	  				 				 				 				 				 				 				 				 				 				
Sales by Product:	  				 				 				 				 				 				 				 				 				 				
Single Premium Immediate Annuities	  	$	70	  	 	$	49	  	 	$	52	  	 	$	57	  	 	$	228	  	 	$	79	  	 	$	82	  	 	$	72	  	 	$	68	  	 	$	301	  	
Single Premium Deferred Annuities (1)	  	 	293	  	 	 	446	  	 	 	272	  	 	 	109	  	 	 	1,120	  	 	 	110	  	 	 	136	  	 	 	91	  	 	 	39	  	 	 	376	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	363	  	 	$	495	  	 	$	324	  	 	$	166	  	 	$	1,348	  	 	$	189	  	 	$	218	  	 	$	163	  	 	$	107	  	 	$	677	  	

Sales by Distribution Channel:	  			 	 				 				 				 				 				 				 				 				 				
Financial Intermediaries	  	$	233	  	 	$	411	  	 	$	243	  	 	$	108	  	 	$	995	  	 	$	114	  	 	$	103	  	 	$	78	  	 	$	60	  	 	$	355	  	
Independent Producers	  	 	127	  	 	 	82	  	 	 	79	  	 	 	55	  	 	 	343	  	 	 	70	  	 	 	108	  	 	 	79	  	 	 	44	  	 	 	301	  	
Dedicated Sales Specialists	  	 	3	  	 	 	2	  	 	 	2	  	 	 	3	  	 	 	10	  	 	 	5	  	 	 	7	  	 	 	6	  	 	 	3	  	 	 	21	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales (1) 	  	$	363	  	 	$	495	  	 	$	324	  	 	$	166	  	 	$	1,348	  	 	$	189	  	 	$	218	  	 	$	163	  	 	$	107	  	 	$	677	  	

In the first quarter of 2011, the company began reporting the results of the linked-benefits product for single premium deferred annuities in the fixed annuities business. The linked-benefits product for single premium deferred annuities was previously reported in the long-term care insurance business. The amounts associated with this product were not material and the prior period amounts in the financial statements have not been re-presented.

(1)  	The sales for the linked-benefits product were previously reported in the long-term care insurance business in 2010 but have been reflected in this business for comparability purposes.	
 
25

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Selected Operating Performance Measures—U.S. Life Insurance Segment—Fixed Annuities
(amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Single Premium Deferred Annuities	 			 	 				 				 				 				 				 				 				 				 				
Account value, beginning of the period	 	$	10,775	  	 	$	10,582	  	 	$	10,660	  	 	$	10,819	  	 	$	10,819	  	 	$	10,972	  	 	$	11,117	  	 	$	11,234	  	 	$	11,409	  	 	$	11,409	  	
Deposits	 	 	295	  	 	 	450	  	 	 	275	  	 	 	120	  	 	 	1,140	  	 	 	108	  	 	 	136	  	 	 	92	  	 	 	41	  	 	 	377	  	
Surrenders, benefits and product charges	 	 	(325	) 	 	 	(345	) 	 	 	(441	) 	 	 	(368	) 	 	 	(1,479	) 	 	 	(353	) 	 	 	(376	) 	 	 	(304	) 	 	 	(312	) 	 	 	(1,345	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	 	 	(30	) 	 	 	105	  	 	 	(166	) 	 	 	(248	) 	 	 	(339	) 	 	 	(245	) 	 	 	(240	) 	 	 	(212	) 	 	 	(271	) 	 	 	(968	) 	
Interest credited	 	 	86	  	 	 	88	  	 	 	88	  	 	 	89	  	 	 	351	  	 	 	92	  	 	 	95	  	 	 	95	  	 	 	96	  	 	 	378	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of the period	 	 	10,831	  	 	 	10,775	  	 	 	10,582	  	 	 	10,660	  	 	 	10,831	  	 	 	10,819	  	 	 	10,972	  	 	 	11,117	  	 	 	11,234	  	 	 	10,819	  	

Single Premium Immediate Annuities	 			 	 				 				 				 				 				 				 				 				 				
Account value, beginning of the period	 	 	6,482	  	 	 	6,384	  	 	 	6,411	  	 	 	6,528	  	 	 	6,528	  	 	 	6,783	  	 	 	6,529	  	 	 	6,593	  	 	 	6,675	  	 	 	6,675	  	
Premiums and deposits	 	 	96	  	 	 	77	  	 	 	85	  	 	 	85	  	 	 	343	  	 	 	102	  	 	 	116	  	 	 	100	  	 	 	95	  	 	 	413	  	
Surrenders, benefits and product charges	 	 	(250	) 	 	 	(245	) 	 	 	(253	) 	 	 	(256	) 	 	 	(1,004	) 	 	 	(261	) 	 	 	(251	) 	 	 	(251	) 	 	 	(265	) 	 	 	(1,028	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	 	 	(154	) 	 	 	(168	) 	 	 	(168	) 	 	 	(171	) 	 	 	(661	) 	 	 	(159	) 	 	 	(135	) 	 	 	(151	) 	 	 	(170	) 	 	 	(615	) 	
Interest credited	 	 	79	  	 	 	80	  	 	 	82	  	 	 	83	  	 	 	324	  	 	 	84	  	 	 	85	  	 	 	87	  	 	 	88	  	 	 	344	  	
Effect of accumulated net unrealized investment gains (losses)	 	 	26	  	 	 	186	  	 	 	59	  	 	 	(29	) 	 	 	242	  	 	 	(180	) 	 	 	304	  	 	 	—  	  	 	 	—  	  	 	 	124	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of the period	 	 	6,433	  	 	 	6,482	  	 	 	6,384	  	 	 	6,411	  	 	 	6,433	  	 	 	6,528	  	 	 	6,783	  	 	 	6,529	  	 	 	6,593	  	 	 	6,528	  	

Structured Settlements	 			 	 				 				 				 				 				 				 				 				 				
Account value, net of reinsurance, beginning of the period	 	 	1,109	  	 	 	1,113	  	 	 	1,113	  	 	 	1,113	  	 	 	1,113	  	 	 	1,114	  	 	 	1,115	  	 	 	1,115	  	 	 	1,115	  	 	 	1,115	  	
Surrenders, benefits and product charges	 	 	(17	) 	 	 	(18	) 	 	 	(14	) 	 	 	(15	) 	 	 	(64	) 	 	 	(16	) 	 	 	(16	) 	 	 	(15	) 	 	 	(14	) 	 	 	(61	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	 	 	(17	) 	 	 	(18	) 	 	 	(14	) 	 	 	(15	) 	 	 	(64	) 	 	 	(16	) 	 	 	(16	) 	 	 	(15	) 	 	 	(14	) 	 	 	(61	) 	
Interest credited	 	 	15	  	 	 	14	  	 	 	14	  	 	 	15	  	 	 	58	  	 	 	15	  	 	 	15	  	 	 	15	  	 	 	14	  	 	 	59	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, net of reinsurance, end of the period	 	 	1,107	  	 	 	1,109	  	 	 	1,113	  	 	 	1,113	  	 	 	1,107	  	 	 	1,113	  	 	 	1,114	  	 	 	1,115	  	 	 	1,115	  	 	 	1,113	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Fixed Annuities	 	$	18,371	  	 	$	18,366	  	 	$	18,079	  	 	$	18,184	  	 	$	18,371	  	 	$	18,460	  	 	$	18,869	  	 	$	18,761	  	 	$	18,942	  	 	$	18,460	  	

 
26

International Protection Segment
 
27

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income and Sales—International Protection Segment
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				 				 				 				 				
Premiums	  	$	192	  	  	$	209	  	 	$	223	  	 	$	215	  	 	$	839	  	 	$	219	  	 	$	218	  	 	$	244	  	 	$	258	  	 	$	939	  	
Net investment income	  	 	34	  	  	 	38	  	 	 	53	  	 	 	48	  	 	 	173	  	 	 	37	  	 	 	32	  	 	 	38	  	 	 	47	  	 	 	154	  	
Net investment gains (losses)	  	 	(2	) 	  	 	(2	) 	 	 	1	  	 	 	2	  	 	 	(1	) 	 	 	(1	) 	 	 	2	  	 	 	2	  	 	 	2	  	 	 	5	  	
Insurance and investment product fees and other	  	 	2	  	  	 	—  	  	 	 	4	  	 	 	5	  	 	 	11	  	 	 	4	  	 	 	6	  	 	 	—  	  	 	 	4	  	 	 	14	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	226	  	  	 	245	  	 	 	281	  	 	 	270	  	 	 	1,022	  	 	 	259	  	 	 	258	  	 	 	284	  	 	 	311	  	 	 	1,112	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	31	  	  	 	37	  	 	 	35	  	 	 	32	  	 	 	135	  	 	 	34	  	 	 	37	  	 	 	57	  	 	 	68	  	 	 	196	  	
Acquisition and operating expenses, net of deferrals	  	 	134	  	  	 	137	  	 	 	151	  	 	 	148	  	 	 	570	  	 	 	143	  	 	 	139	  	 	 	157	  	 	 	154	  	 	 	593	  	
Amortization of deferred acquisition costs and intangibles	  	 	37	  	  	 	36	  	 	 	46	  	 	 	40	  	 	 	159	  	 	 	45	  	 	 	39	  	 	 	43	  	 	 	50	  	 	 	177	  	
Interest expense	  	 	3	  	  	 	6	  	 	 	16	  	 	 	13	  	 	 	38	  	 	 	11	  	 	 	7	  	 	 	10	  	 	 	23	  	 	 	51	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	205	  	  	 	216	  	 	 	248	  	 	 	233	  	 	 	902	  	 	 	233	  	 	 	222	  	 	 	267	  	 	 	295	  	 	 	1,017	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	21	  	  	 	29	  	 	 	33	  	 	 	37	  	 	 	120	  	 	 	26	  	 	 	36	  	 	 	17	  	 	 	16	  	 	 	95	  	
Provision for income taxes	  	 	3	  	  	 	6	  	 	 	8	  	 	 	10	  	 	 	27	  	 	 	8	  	 	 	6	  	 	 	4	  	 	 	3	  	 	 	21	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	18	  	  	 	23	  	 	 	25	  	 	 	27	  	 	 	93	  	 	 	18	  	 	 	30	  	 	 	13	  	 	 	13	  	 	 	74	  	
	 										
ADJUSTMENT TO NET INCOME:	  			 	  				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	1	  	  	 	2	  	 	 	—  	  	 	 	(2	) 	 	 	1	  	 	 	1	  	 	 	(2	) 	 	 	(1	) 	 	 	(1	) 	 	 	(3	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (1) 	  	$	19	  	  	$	25	  	 	$	25	  	 	$	25	  	 	$	94	  	 	$	19	  	 	$	28	  	 	$	12	  	 	$	12	  	 	$	71	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	  	 	11.6	% 	  	 	23.8	% 	 	 	23.3	% 	 	 	26.3	% 	 	 	22.1	% 	 	 	31.4	% 	 	 	14.2	% 	 	 	24.4	% 	 	 	15.4	% 	 	 	21.5	% 	
											
SALES:	  				  				 				 				 				 				 				 				 				 				
Lifestyle Protection Insurance	  	 	 	 	  				 				 				 				 				 				 				 				 				
Traditional indemnity premiums	  	$	234	  	  	$	252	  	 	$	270	  	 	$	240	  	 	$	996	  	 	$	230	  	 	$	232	  	 	$	220	  	 	$	263	  	 	$	945	  	
Premium equivalents for administrative services only business	  	 	5	  	  	 	5	  	 	 	6	  	 	 	6	  	 	 	22	  	 	 	6	  	 	 	5	  	 	 	4	  	 	 	4	  	 	 	19	  	
Reinsurance premiums assumed accounted for under the deposit method	  	 	167	  	  	 	181	  	 	 	193	  	 	 	177	  	 	 	718	  	 	 	191	  	 	 	201	  	 	 	200	  	 	 	170	  	 	 	762	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales (2) 	  	$	406	  	  	$	438	  	 	$	469	  	 	$	423	  	 	$	1,736	  	 	$	427	  	 	$	438	  	 	$	424	  	 	$	437	  	 	$	1,726	  	

SALES BY REGION:	  			 	  				 				 				 				 				 				 				 				 				
Lifestyle Protection Insurance	  			 	  				 				 				 				 				 				 				 				 				
Northern Europe	  	$	149	  	  	$	166	  	 	$	169	  	 	$	156	  	 	$	640	  	 	$	153	  	 	$	157	  	 	$	149	  	 	$	177	  	 	$	636	  	
Southern Europe	  	 	152	  	  	 	161	  	 	 	188	  	 	 	170	  	 	 	671	  	 	 	173	  	 	 	176	  	 	 	169	  	 	 	168	  	 	 	686	  	
Latin America	  	 	6	  	  	 	7	  	 	 	2	  	 	 	—  	  	 	 	15	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Asia	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Structured Deals (3)	  	 	93	  	  	 	97	  	 	 	103	  	 	 	89	  	 	 	382	  	 	 	87	  	 	 	85	  	 	 	93	  	 	 	78	  	 	 	343	  	
Other	  	 	6	  	  	 	7	  	 	 	7	  	 	 	8	  	 	 	28	  	 	 	14	  	 	 	20	  	 	 	13	  	 	 	14	  	 	 	61	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	406	  	  	$	438	  	 	$	469	  	 	$	423	  	 	$	1,736	  	 	$	427	  	 	$	438	  	 	$	424	  	 	$	437	  	 	$	1,726	  	

	  				  				 				 				 				 				 				 				 				 				
Loss Ratio	  	 	16	% 	  	 	17	% 	 	 	16	% 	 	 	15	% 	 	 	16	% 	 	 	16	% 	 	 	17	% 	 	 	23	% 	 	 	26	% 	 	 	21	% 	
The loss ratio included above was calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein.

(1)  	Net operating income adjusted for foreign exchange as compared to the prior year period for the International Protection segment was $15 million and $85 million for the three and twelve months ended December 31, 2011, respectively.	
(2)  	Sales adjusted for foreign exchange as compared to the prior year period for the International Protection segment were $409 million and $1,665 million for the three and twelve months ended December 31, 2011, respectively.	
(3)  	Structured deals represent in-force blocks of business acquired through reinsurance arrangements and ongoing reciprocal arrangements in place with certain clients.	
 
28

Wealth Management Segment
 
29

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income, Sales and Assets Under Management—Wealth Management Segment
(amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	 			 	 				 				 				 				 				 				 				 				 				
Premiums	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	
Net investment income	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Net investment gains (losses)	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Insurance and investment product fees and other	 	 	114	  	 	 	115	  	 	 	114	  	 	 	110	  	 	 	453	  	 	 	93	  	 	 	89	  	 	 	89	  	 	 	81	  	 	 	352	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	114	  	 	 	115	  	 	 	114	  	 	 	110	  	 	 	453	  	 	 	93	  	 	 	89	  	 	 	89	  	 	 	81	  	 	 	352	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Interest credited	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Acquisition and operating expenses, net of deferrals	 	 	93	  	 	 	95	  	 	 	92	  	 	 	92	  	 	 	372	  	 	 	76	  	 	 	73	  	 	 	72	  	 	 	66	  	 	 	287	  	
Amortization of deferred acquisition costs and intangibles	 	 	2	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	5	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	4	  	
Interest expense	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	95	  	 	 	96	  	 	 	93	  	 	 	93	  	 	 	377	  	 	 	77	  	 	 	74	  	 	 	73	  	 	 	67	  	 	 	291	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	 	 	19	  	 	 	19	  	 	 	21	  	 	 	17	  	 	 	76	  	 	 	16	  	 	 	15	  	 	 	16	  	 	 	14	  	 	 	61	  	
Provision for income taxes	 	 	7	  	 	 	7	  	 	 	8	  	 	 	7	  	 	 	29	  	 	 	5	  	 	 	7	  	 	 	6	  	 	 	3	  	 	 	21	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	 	 	12	  	 	 	12	  	 	 	13	  	 	 	10	  	 	 	47	  	 	 	11	  	 	 	8	  	 	 	10	  	 	 	11	  	 	 	40	  	
	 										
ADJUSTMENT TO NET INCOME:	 			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	 	$	12	  	 	$	12	  	 	$	13	  	 	$	10	  	 	$	47	  	 	$	11	  	 	$	8	  	 	$	10	  	 	$	11	  	 	$	40	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	 	 	36.2	% 	 	 	38.9	% 	 	 	36.4	% 	 	 	42.3	% 	 	 	38.3	% 	 	 	30.3	% 	 	 	47.1	% 	 	 	36.0	% 	 	 	23.7	% 	 	 	34.4	% 	
											
SALES:	 				 				 				 				 				 				 				 				 				 				
Sales by Distribution Channel:	 	 	 	 	 				 				 				 				 				 				 				 				 				
Independent Producers	 	$	1,278	  	 	$	1,395	  	 	$	1,622	  	 	$	1,785	  	 	$	6,080	  	 	$	1,334	  	 	$	1,189	  	 	$	1,195	  	 	$	1,265	  	 	$	4,983	  	
Dedicated Sales Specialists	 	 	161	  	 	 	170	  	 	 	185	  	 	 	273	  	 	 	789	  	 	 	248	  	 	 	165	  	 	 	167	  	 	 	210	  	 	 	790	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	 	$	1,439	  	 	$	1,565	  	 	$	1,807	  	 	$	2,058	  	 	$	6,869	  	 	$	1,582	  	 	$	1,354	  	 	$	1,362	  	 	$	1,475	  	 	$	5,773	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
ASSETS UNDER MANAGEMENT:	 	 	 	 	 				 				 				 				 				 				 				 				 				
Beginning of period	 	$	24,613	  	 	$	25,930	  	 	$	25,551	  	 	$	24,740	  	 	$	24,740	  	 	$	21,160	  	 	$	19,548	  	 	$	20,037	  	 	$	18,865	  	 	$	18,865	  	
Gross flows	 	 	1,439	  	 	 	1,565	  	 	 	1,807	  	 	 	2,058	  	 	 	6,869	  	 	 	1,582	  	 	 	1,354	  	 	 	1,362	  	 	 	1,475	  	 	 	5,773	  	
Redemptions	 	 	(1,455	) 	 	 	(1,119	) 	 	 	(1,143	) 	 	 	(1,703	) 	 	 	(5,420	) 	 	 	(936	) 	 	 	(893	) 	 	 	(926	) 	 	 	(971	) 	 	 	(3,726	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	 	 	(16	) 	 	 	446	  	 	 	664	  	 	 	355	  	 	 	1,449	  	 	 	646	  	 	 	461	  	 	 	436	  	 	 	504	  	 	 	2,047	  	
Market performance	 	 	490	  	 	 	(1,763	) 	 	 	(285	) 	 	 	456	  	 	 	(1,102	) 	 	 	745	  	 	 	1,151	  	 	 	(925	) 	 	 	668	  	 	 	1,639	  	
Acquisition (1)	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	2,189	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	2,189	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
End of period	 	$	25,087	  	 	$	24,613	  	 	$	25,930	  	 	$	25,551	  	 	$	25,087	  	 	$	24,740	  	 	$	21,160	  	 	$	19,548	  	 	$	20,037	  	 	$	24,740	  	

Wealth Management results represent Genworth Financial Wealth Management, Inc., Genworth Financial Investment Services, Inc., Genworth Financial Trust Company, Centurion Financial Advisers, Inc.,
Quantavis Consulting, Inc. and the Altegris companies.

(1)  	On December 31, 2010, the company acquired the operating assets of Altegris Capital, LLC (“Altegris”). Altegris provides a platform of alternative investments including hedge funds and managed futures products.	
 
30

Mortgage Insurance Division
 
31

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss)—Mortgage Insurance Division
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
	 										
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	400	  	 	$	413	  	 	$	410	  	 	$	404	  	 	$	1,627	  	 	$	413	  	 	$	384	  	 	$	404	  	 	$	388	  	 	$	1,589	  	
Net investment income	  	 	112	  	 	 	132	  	 	 	125	  	 	 	128	  	 	 	497	  	 	 	119	  	 	 	117	  	 	 	120	  	 	 	115	  	 	 	471	  	
Net investment gains (losses)	  	 	43	  	 	 	34	  	 	 	6	  	 	 	5	  	 	 	88	  	 	 	20	  	 	 	21	  	 	 	(4	) 	 	 	11	  	 	 	48	  	
Insurance and investment product fees and other	  	 	6	  	 	 	—  	  	 	 	6	  	 	 	2	  	 	 	14	  	 	 	3	  	 	 	9	  	 	 	(1	) 	 	 	7	  	 	 	18	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	561	  	 	 	579	  	 	 	547	  	 	 	539	  	 	 	2,226	  	 	 	555	  	 	 	531	  	 	 	519	  	 	 	521	  	 	 	2,126	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	392	  	 	 	370	  	 	 	633	  	 	 	388	  	 	 	1,783	  	 	 	783	  	 	 	474	  	 	 	322	  	 	 	302	  	 	 	1,881	  	
Acquisition and operating expenses, net of deferrals	  	 	84	  	 	 	88	  	 	 	89	  	 	 	84	  	 	 	345	  	 	 	91	  	 	 	81	  	 	 	81	  	 	 	83	  	 	 	336	  	
Amortization of deferred acquisition costs and intangibles	  	 	26	  	 	 	30	  	 	 	30	  	 	 	31	  	 	 	117	  	 	 	30	  	 	 	26	  	 	 	28	  	 	 	25	  	 	 	109	  	
Interest expense	  	 	10	  	 	 	9	  	 	 	6	  	 	 	6	  	 	 	31	  	 	 	4	  	 	 	4	  	 	 	—  	  	 	 	—  	  	 	 	8	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	512	  	 	 	497	  	 	 	758	  	 	 	509	  	 	 	2,276	  	 	 	908	  	 	 	585	  	 	 	431	  	 	 	410	  	 	 	2,334	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	49	  	 	 	82	  	 	 	(211	) 	 	 	30	  	 	 	(50	) 	 	 	(353	) 	 	 	(54	) 	 	 	88	  	 	 	111	  	 	 	(208	) 	
Provision (benefit) for income taxes	  	 	5	  	 	 	29	  	 	 	(80	) 	 	 	(23	) 	 	 	(69	) 	 	 	(146	) 	 	 	(46	) 	 	 	2	  	 	 	28	  	 	 	(162	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	44	  	 	 	53	  	 	 	(131	) 	 	 	53	  	 	 	19	  	 	 	(207	) 	 	 	(8	) 	 	 	86	  	 	 	83	  	 	 	(46	) 	
Less: net income attributable to noncontrolling interests	  	 	33	  	 	 	36	  	 	 	36	  	 	 	34	  	 	 	139	  	 	 	35	  	 	 	39	  	 	 	35	  	 	 	34	  	 	 	143	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	11	  	 	 	17	  	 	 	(167	) 	 	 	19	  	 	 	(120	) 	 	 	(242	) 	 	 	(47	) 	 	 	51	  	 	 	49	  	 	 	(189	) 	
	 										
ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	(27	) 	 	 	(23	) 	 	 	(4	) 	 	 	(1	) 	 	 	(55	) 	 	 	(12	) 	 	 	(12	) 	 	 	2	  	 	 	(6	) 	 	 	(28	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS) (1)	  	$	(16	) 	 	$	(6	) 	 	$	(171	) 	 	$	18	  	 	$	(175	) 	 	$	(254	) 	 	$	(59	) 	 	$	53	  	 	$	43	  	 	$	(217	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	  	 	54.9	% 	 	 	-379.3	% 	 	 	35.5	% 	 	 	186.2	% 	 	 	45.5	% 	 	 	40.0	% 	 	 	51.9	% 	 	 	-28.1	% 	 	 	19.2	% 	 	 	51.8	% 	

(1)  	Net operating income (loss) adjusted for foreign exchange as compared to the prior year period for the Mortgage Insurance Division was $(20) million and $(208) million for the three and twelve months ended December 31, 2011, respectively.	
 
32

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss)—Mortgage Insurance Division
(amounts in millions)

 	 	International Mortgage Insurance Segment	 	 	 	 	 	 	 	
Three months ended December 31, 2011	 	Canada	 	 	Australia	 	 	Other
Countries	 	 	Total International
Mortgage
Insurance Segment	 	 	U.S. Mortgage
Insurance
Segment	 	 	Total	 	
REVENUES:	 				 				 				 				 				 				
Premiums	 	$	153	  	 	$	96	  	 	$	11	  	 	$	260	  	 	$	140	  	 	$	400	  	
Net investment income	 	 	47	  	 	 	46	  	 	 	3	  	 	 	96	  	 	 	16	  	 	 	112	  	
Net investment gains (losses)	 	 	—  	  	 	 	2	  	 	 	(1	) 	 	 	1	  	 	 	42	  	 	 	43	  	
Insurance and investment product fees and other	 	 	—  	  	 	 	1	  	 	 	2	  	 	 	3	  	 	 	3	  	 	 	6	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	200	  	 	 	145	  	 	 	15	  	 	 	360	  	 	 	201	  	 	 	561	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 				 				 				 				 				 				
Benefits and other changes in policy reserves	 	 	61	  	 	 	43	  	 	 	19	  	 	 	123	  	 	 	269	  	 	 	392	  	
Acquisition and operating expenses, net of deferrals	 	 	25	  	 	 	21	  	 	 	8	  	 	 	54	  	 	 	30	  	 	 	84	  	
Amortization of deferred acquisition costs and intangibles	 	 	12	  	 	 	9	  	 	 	1	  	 	 	22	  	 	 	4	  	 	 	26	  	
Interest expense	 	 	6	  	 	 	4	  	 	 	—  	  	 	 	10	  	 	 	—  	  	 	 	10	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	104	  	 	 	77	  	 	 	28	  	 	 	209	  	 	 	303	  	 	 	512	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	 	 	96	  	 	 	68	  	 	 	(13	) 	 	 	151	  	 	 	(102	) 	 	 	49	  	
Provision (benefit) for income taxes	 	 	23	  	 	 	14	  	 	 	3	  	 	 	40	  	 	 	(35	) 	 	 	5	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	 	 	73	  	 	 	54	  	 	 	(16	) 	 	 	111	  	 	 	(67	) 	 	 	44	  	
Less: net income attributable to noncontrolling interests	 	 	33	  	 	 	—  	  	 	 	—  	  	 	 	33	  	 	 	—  	  	 	 	33	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 	 	40	  	 	 	54	  	 	 	(16	) 	 	 	78	  	 	 	(67	) 	 	 	11	  	
							
ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 	 	—  	  	 	 	(1	) 	 	 	1	  	 	 	—  	  	 	 	(27	) 	 	 	(27	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	 	$	40	  	 	$	53	  	 	$	(15	) 	 	$	78	  	 	$	(94	) 	 	$	(16	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	 	 	23.3	% 	 	 	20.2	% 	 	 	-25.3	% 	 	 	27.2	% 	 	 	34.4	% 	 	 	54.9	% 	
				
 	 	International Mortgage Insurance Segment	 	 	 	 	 	 	 	
Three months ended December 31, 2010	 	Canada	 	 	Australia	 	 	Other
Countries	 	 	Total International
Mortgage
Insurance Segment	 	 	U.S. Mortgage
Insurance
Segment	 	 	Total	 	
REVENUES:	 				 				 				 				 				 				
Premiums	 	$	154	  	 	$	92	  	 	$	16	  	 	$	262	  	 	$	151	  	 	$	413	  	
Net investment income	 	 	48	  	 	 	41	  	 	 	3	  	 	 	92	  	 	 	27	  	 	 	119	  	
Net investment gains (losses)	 	 	1	  	 	 	2	  	 	 	—  	  	 	 	3	  	 	 	17	  	 	 	20	  	
Insurance and investment product fees and other	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	1	  	 	 	2	  	 	 	3	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	203	  	 	 	135	  	 	 	20	  	 	 	358	  	 	 	197	  	 	 	555	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 				 				 				 				 				 				
Benefits and other changes in policy reserves	 	 	49	  	 	 	33	  	 	 	13	  	 	 	95	  	 	 	688	  	 	 	783	  	
Acquisition and operating expenses, net of deferrals	 	 	27	  	 	 	19	  	 	 	9	  	 	 	55	  	 	 	36	  	 	 	91	  	
Amortization of deferred acquisition costs and intangibles	 	 	12	  	 	 	10	  	 	 	2	  	 	 	24	  	 	 	6	  	 	 	30	  	
Interest expense	 	 	4	  	 	 	—  	  	 	 	—  	  	 	 	4	  	 	 	—  	  	 	 	4	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	92	  	 	 	62	  	 	 	24	  	 	 	178	  	 	 	730	  	 	 	908	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	 	 	111	  	 	 	73	  	 	 	(4	) 	 	 	180	  	 	 	(533	) 	 	 	(353	) 	
Provision (benefit) for income taxes	 	 	30	  	 	 	16	  	 	 	(1	) 	 	 	45	  	 	 	(191	) 	 	 	(146	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	 	 	81	  	 	 	57	  	 	 	(3	) 	 	 	135	  	 	 	(342	) 	 	 	(207	) 	
Less: net income attributable to noncontrolling interests	 	 	35	  	 	 	—  	  	 	 	—  	  	 	 	35	  	 	 	—  	  	 	 	35	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 	 	46	  	 	 	57	  	 	 	(3	) 	 	 	100	  	 	 	(342	) 	 	 	(242	) 	
							
ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 	 	—  	  	 	 	(2	) 	 	 	—  	  	 	 	(2	) 	 	 	(10	) 	 	 	(12	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	 	$	46	  	 	$	55	  	 	$	(3	) 	 	$	98	  	 	$	(352	) 	 	$	(254	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	 	 	24.3	% 	 	 	21.0	% 	 	 	35.5	% 	 	 	22.1	% 	 	 	35.9	% 	 	 	40.0	% 	
 
33

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss)—Mortgage Insurance Division
(amounts in millions)

 	 	International Mortgage Insurance Segment	 	 	 	 	 	 	 	
Twelve months ended December 31, 2011	 	Canada	 	 	Australia	 	 	Other
Countries	 	 	Total International
Mortgage
Insurance Segment	 	 	U.S. Mortgage
Insurance
Segment	 	 	Total	 	
REVENUES:	 				 				 				 				 				 				
Premiums	 	$	619	  	 	$	392	  	 	$	52	  	 	$	1,063	  	 	$	564	  	 	$	1,627	  	
Net investment income	 	 	196	  	 	 	184	  	 	 	13	  	 	 	393	  	 	 	104	  	 	 	497	  	
Net investment gains (losses)	 	 	8	  	 	 	34	  	 	 	—  	  	 	 	42	  	 	 	46	  	 	 	88	  	
Insurance and investment product fees and other	 	 	—  	  	 	 	2	  	 	 	7	  	 	 	9	  	 	 	5	  	 	 	14	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	823	  	 	 	612	  	 	 	72	  	 	 	1,507	  	 	 	719	  	 	 	2,226	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 				 				 				 				 				 				
Benefits and other changes in policy reserves	 	 	228	  	 	 	183	  	 	 	47	  	 	 	458	  	 	 	1,325	  	 	 	1,783	  	
Acquisition and operating expenses, net of deferrals	 	 	97	  	 	 	69	  	 	 	43	  	 	 	209	  	 	 	136	  	 	 	345	  	
Amortization of deferred acquisition costs and intangibles	 	 	53	  	 	 	45	  	 	 	3	  	 	 	101	  	 	 	16	  	 	 	117	  	
Interest expense	 	 	23	  	 	 	8	  	 	 	—  	  	 	 	31	  	 	 	—  	  	 	 	31	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	401	  	 	 	305	  	 	 	93	  	 	 	799	  	 	 	1,477	  	 	 	2,276	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	 	 	422	  	 	 	307	  	 	 	(21	) 	 	 	708	  	 	 	(758	) 	 	 	(50	) 	
Provision (benefit) for income taxes	 	 	119	  	 	 	85	  	 	 	8	  	 	 	212	  	 	 	(281	) 	 	 	(69	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	 	 	303	  	 	 	222	  	 	 	(29	) 	 	 	496	  	 	 	(477	) 	 	 	19	  	
Less: net income attributable to noncontrolling interests	 	 	139	  	 	 	—  	  	 	 	—  	  	 	 	139	  	 	 	—  	  	 	 	139	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 	 	164	  	 	 	222	  	 	 	(29	) 	 	 	357	  	 	 	(477	) 	 	 	(120	) 	
							
ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 	 	(3	) 	 	 	(22	) 	 	 	—  	  	 	 	(25	) 	 	 	(30	) 	 	 	(55	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	 	$	161	  	 	$	200	  	 	$	(29	) 	 	$	332	  	 	$	(507	) 	 	$	(175	) 	

Effective tax rate (operating income (loss))	 	 	29.1	% 	 	 	27.4	% 	 	 	-37.6	% 	 	 	31.1	% 	 	 	37.0	% 	 	 	45.5	% 	

 	 	International Mortgage Insurance Segment	 	 	 	 	 	 	 	
Twelve months ended December 31, 2010	 	Canada	 	 	Australia	 	 	Other
Countries	 	 	Total International
Mortgage
Insurance Segment	 	 	U.S. Mortgage
Insurance
Segment	 	 	Total	 	
REVENUES:	 				 				 				 				 				 				
Premiums	 	$	600	  	 	$	337	  	 	$	57	  	 	$	994	  	 	$	595	  	 	$	1,589	  	
Net investment income	 	 	188	  	 	 	154	  	 	 	13	  	 	 	355	  	 	 	116	  	 	 	471	  	
Net investment gains (losses)	 	 	9	  	 	 	3	  	 	 	3	  	 	 	15	  	 	 	33	  	 	 	48	  	
Insurance and investment product fees and other	 	 	(1	) 	 	 	2	  	 	 	7	  	 	 	8	  	 	 	10	  	 	 	18	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	796	  	 	 	496	  	 	 	80	  	 	 	1,372	  	 	 	754	  	 	 	2,126	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 				 				 				 				 				 				
Benefits and other changes in policy reserves	 	 	200	  	 	 	135	  	 	 	55	  	 	 	390	  	 	 	1,491	  	 	 	1,881	  	
Acquisition and operating expenses, net of deferrals	 	 	96	  	 	 	66	  	 	 	43	  	 	 	205	  	 	 	131	  	 	 	336	  	
Amortization of deferred acquisition costs and intangibles	 	 	48	  	 	 	37	  	 	 	5	  	 	 	90	  	 	 	19	  	 	 	109	  	
Interest expense	 	 	8	  	 	 	—  	  	 	 	—  	  	 	 	8	  	 	 	—  	  	 	 	8	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	352	  	 	 	238	  	 	 	103	  	 	 	693	  	 	 	1,641	  	 	 	2,334	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	 	 	444	  	 	 	258	  	 	 	(23	) 	 	 	679	  	 	 	(887	) 	 	 	(208	) 	
Provision (benefit) for income taxes	 	 	122	  	 	 	51	  	 	 	(7	) 	 	 	166	  	 	 	(328	) 	 	 	(162	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	 	 	322	  	 	 	207	  	 	 	(16	) 	 	 	513	  	 	 	(559	) 	 	 	(46	) 	
Less: net income attributable to noncontrolling interests	 	 	143	  	 	 	—  	  	 	 	—  	  	 	 	143	  	 	 	—  	  	 	 	143	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 	 	179	  	 	 	207	  	 	 	(16	) 	 	 	370	  	 	 	(559	) 	 	 	(189	) 	
							
ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 	 	(3	) 	 	 	(2	) 	 	 	(2	) 	 	 	(7	) 	 	 	(21	) 	 	 	(28	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	 	$	176	  	 	$	205	  	 	$	(18	) 	 	$	363	  	 	$	(580	) 	 	$	(217	) 	

Effective tax rate (operating income (loss))	 	 	26.6	% 	 	 	19.5	% 	 	 	31.5	% 	 	 	22.5	% 	 	 	36.9	% 	 	 	51.8	% 	
 
34

International Mortgage Insurance Segment
 
35

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income—International Mortgage Insurance Segment
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
	 										
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	260	  	 	$	273	  	 	$	268	  	 	$	262	  	 	$	1,063	  	 	$	262	  	 	$	235	  	 	$	251	  	 	$	246	  	 	$	994	  	
Net investment income	  	 	96	  	 	 	103	  	 	 	99	  	 	 	95	  	 	 	393	  	 	 	92	  	 	 	89	  	 	 	89	  	 	 	85	  	 	 	355	  	
Net investment gains (losses)	  	 	1	  	 	 	32	  	 	 	5	  	 	 	4	  	 	 	42	  	 	 	3	  	 	 	6	  	 	 	(1	) 	 	 	7	  	 	 	15	  	
Insurance and investment product fees and other	  	 	3	  	 	 	—  	  	 	 	5	  	 	 	1	  	 	 	9	  	 	 	1	  	 	 	6	  	 	 	(1	) 	 	 	2	  	 	 	8	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	360	  	 	 	408	  	 	 	377	  	 	 	362	  	 	 	1,507	  	 	 	358	  	 	 	336	  	 	 	338	  	 	 	340	  	 	 	1,372	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	123	  	 	 	119	  	 	 	107	  	 	 	109	  	 	 	458	  	 	 	95	  	 	 	83	  	 	 	106	  	 	 	106	  	 	 	390	  	
Acquisition and operating expenses, net of deferrals	  	 	54	  	 	 	51	  	 	 	54	  	 	 	50	  	 	 	209	  	 	 	55	  	 	 	53	  	 	 	48	  	 	 	49	  	 	 	205	  	
Amortization of deferred acquisition costs and intangibles	  	 	22	  	 	 	26	  	 	 	26	  	 	 	27	  	 	 	101	  	 	 	24	  	 	 	20	  	 	 	24	  	 	 	22	  	 	 	90	  	
Interest expense	  	 	10	  	 	 	9	  	 	 	6	  	 	 	6	  	 	 	31	  	 	 	4	  	 	 	4	  	 	 	—  	  	 	 	—  	  	 	 	8	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	209	  	 	 	205	  	 	 	193	  	 	 	192	  	 	 	799	  	 	 	178	  	 	 	160	  	 	 	178	  	 	 	177	  	 	 	693	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	  	 	151	  	 	 	203	  	 	 	184	  	 	 	170	  	 	 	708	  	 	 	180	  	 	 	176	  	 	 	160	  	 	 	163	  	 	 	679	  	
Provision for income taxes	  	 	40	  	 	 	73	  	 	 	63	  	 	 	36	  	 	 	212	  	 	 	45	  	 	 	43	  	 	 	31	  	 	 	47	  	 	 	166	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	  	 	111	  	 	 	130	  	 	 	121	  	 	 	134	  	 	 	496	  	 	 	135	  	 	 	133	  	 	 	129	  	 	 	116	  	 	 	513	  	
Less: net income attributable to noncontrolling interests	  	 	33	  	 	 	36	  	 	 	36	  	 	 	34	  	 	 	139	  	 	 	35	  	 	 	39	  	 	 	35	  	 	 	34	  	 	 	143	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	78	  	 	 	94	  	 	 	85	  	 	 	100	  	 	 	357	  	 	 	100	  	 	 	94	  	 	 	94	  	 	 	82	  	 	 	370	  	
	 										
ADJUSTMENT TO NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	—  	  	 	 	(21	) 	 	 	(3	) 	 	 	(1	) 	 	 	(25	) 	 	 	(2	) 	 	 	(1	) 	 	 	(1	) 	 	 	(3	) 	 	 	(7	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (1)	  	$	78	  	 	$	73	  	 	$	82	  	 	$	99	  	 	$	332	  	 	$	98	  	 	$	93	  	 	$	93	  	 	$	79	  	 	$	363	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	  	 	27.2	% 	 	 	40.9	% 	 	 	37.1	% 	 	 	18.1	% 	 	 	31.1	% 	 	 	22.1	% 	 	 	24.5	% 	 	 	15.3	% 	 	 	28.1	% 	 	 	22.5	% 	

(1)  	Net operating income adjusted for foreign exchange as compared to the prior year period for the International Mortgage Insurance segment was $74 million and $299 million for the three and twelve months ended December 31, 2011, respectively.	
 
36

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income and Sales—International Mortgage Insurance Segment—Canada
(amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	 			 	 				 				 				 				 				 				 				 				 				
Premiums	 	$	153	  	 	$	153	  	 	$	157	  	 	$	156	  	 	$	619	  	 	$	154	  	 	$	148	  	 	$	151	  	 	$	147	  	 	$	600	  	
Net investment income	 	 	47	  	 	 	51	  	 	 	50	  	 	 	48	  	 	 	196	  	 	 	48	  	 	 	48	  	 	 	47	  	 	 	45	  	 	 	188	  	
Net investment gains (losses)	 	 	—  	  	 	 	3	  	 	 	2	  	 	 	3	  	 	 	8	  	 	 	1	  	 	 	4	  	 	 	(1	) 	 	 	5	  	 	 	9	  	
Insurance and investment product fees and other	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	200	  	 	 	207	  	 	 	209	  	 	 	207	  	 	 	823	  	 	 	203	  	 	 	200	  	 	 	196	  	 	 	197	  	 	 	796	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	 	 	61	  	 	 	57	  	 	 	51	  	 	 	59	  	 	 	228	  	 	 	49	  	 	 	46	  	 	 	49	  	 	 	56	  	 	 	200	  	
Acquisition and operating expenses, net of deferrals	 	 	25	  	 	 	24	  	 	 	25	  	 	 	23	  	 	 	97	  	 	 	27	  	 	 	24	  	 	 	23	  	 	 	22	  	 	 	96	  	
Amortization of deferred acquisition costs and intangibles	 	 	12	  	 	 	13	  	 	 	14	  	 	 	14	  	 	 	53	  	 	 	12	  	 	 	11	  	 	 	13	  	 	 	12	  	 	 	48	  	
Interest expense	 	 	6	  	 	 	5	  	 	 	6	  	 	 	6	  	 	 	23	  	 	 	4	  	 	 	4	  	 	 	—  	  	 	 	—  	  	 	 	8	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	104	  	 	 	99	  	 	 	96	  	 	 	102	  	 	 	401	  	 	 	92	  	 	 	85	  	 	 	85	  	 	 	90	  	 	 	352	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	 	 	96	  	 	 	108	  	 	 	113	  	 	 	105	  	 	 	422	  	 	 	111	  	 	 	115	  	 	 	111	  	 	 	107	  	 	 	444	  	
Provision for income taxes	 	 	23	  	 	 	32	  	 	 	45	  	 	 	19	  	 	 	119	  	 	 	30	  	 	 	31	  	 	 	31	  	 	 	30	  	 	 	122	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	 	 	73	  	 	 	76	  	 	 	68	  	 	 	86	  	 	 	303	  	 	 	81	  	 	 	84	  	 	 	80	  	 	 	77	  	 	 	322	  	
Less: net income attributable to noncontrolling interests	 	 	33	  	 	 	36	  	 	 	36	  	 	 	34	  	 	 	139	  	 	 	35	  	 	 	39	  	 	 	35	  	 	 	34	  	 	 	143	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 	 	40	  	 	 	40	  	 	 	32	  	 	 	52	  	 	 	164	  	 	 	46	  	 	 	45	  	 	 	45	  	 	 	43	  	 	 	179	  	
	 										
ADJUSTMENT TO NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	 			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 	 	—  	  	 	 	(1	) 	 	 	(1	) 	 	 	(1	) 	 	 	(3	) 	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(2	) 	 	 	(3	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (1)	 	$	40	  	 	$	39	  	 	$	31	  	 	$	51	  	 	$	161	  	 	$	46	  	 	$	44	  	 	$	45	  	 	$	41	  	 	$	176	  	

Effective tax rate (operating income)	 	 	23.3	% 	 	 	31.8	% 	 	 	49.7	% 	 	 	9.1	% 	 	 	29.1	% 	 	 	24.3	% 	 	 	29.0	% 	 	 	26.5	% 	 	 	26.7	% 	 	 	26.6	% 	
											
SALES:	 				 				 				 				 				 				 				 				 				 				
New Insurance Written (NIW)	 				 				 				 				 				 				 				 				 				 				
Flow	 	$	5,200	  	 	$	6,800	  	 	$	6,400	  	 	$	4,400	  	 	$	22,800	  	 	$	5,600	  	 	$	6,700	  	 	$	6,700	  	 	$	4,000	  	 	$	23,000	  	
Bulk	 	 	1,000	  	 	 	600	  	 	 	1,500	  	 	 	1,100	  	 	 	4,200	  	 	 	900	  	 	 	600	  	 	 	300	  	 	 	1,800	  	 	 	3,600	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Canada NIW (2)	 	$	6,200	  	 	$	7,400	  	 	$	7,900	  	 	$	5,500	  	 	$	27,000	  	 	$	6,500	  	 	$	7,300	  	 	$	7,000	  	 	$	5,800	  	 	$	26,600	  	

 

(1)  	Net operating income for the Canadian platform adjusted for foreign exchange as compared to the prior year period was $39 million and $152 million for the three and twelve months ended December 31, 2011, respectively.	
(2)  	New insurance written for the Canadian platform adjusted for foreign exchange as compared to the prior year period was $6,100 million and $25,700 million for the three and twelve months ended December 31, 2011, respectively.	
 
37

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income and Sales—International Mortgage Insurance Segment—Australia
(amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	 			 	 				 				 				 				 				 				 				 				 				
Premiums	 	$	96	  	 	$	105	  	 	$	98	  	 	$	93	  	 	$	392	  	 	$	92	  	 	$	75	  	 	$	86	  	 	$	84	  	 	$	337	  	
Net investment income	 	 	46	  	 	 	49	  	 	 	46	  	 	 	43	  	 	 	184	  	 	 	41	  	 	 	38	  	 	 	38	  	 	 	37	  	 	 	154	  	
Net investment gains (losses)	 	 	2	  	 	 	30	  	 	 	2	  	 	 	—  	  	 	 	34	  	 	 	2	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	3	  	
Insurance and investment product fees and other	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	2	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	2	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	145	  	 	 	184	  	 	 	147	  	 	 	136	  	 	 	612	  	 	 	135	  	 	 	115	  	 	 	124	  	 	 	122	  	 	 	496	  	

BENEFITS AND EXPENSES:	 			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	 	 	43	  	 	 	51	  	 	 	47	  	 	 	42	  	 	 	183	  	 	 	33	  	 	 	29	  	 	 	37	  	 	 	36	  	 	 	135	  	
Acquisition and operating expenses, net of deferrals	 	 	21	  	 	 	15	  	 	 	17	  	 	 	16	  	 	 	69	  	 	 	19	  	 	 	17	  	 	 	14	  	 	 	16	  	 	 	66	  	
Amortization of deferred acquisition costs and intangibles	 	 	9	  	 	 	12	  	 	 	12	  	 	 	12	  	 	 	45	  	 	 	10	  	 	 	9	  	 	 	9	  	 	 	9	  	 	 	37	  	
Interest expense	 	 	4	  	 	 	4	  	 	 	—  	  	 	 	—  	  	 	 	8	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	77	  	 	 	82	  	 	 	76	  	 	 	70	  	 	 	305	  	 	 	62	  	 	 	55	  	 	 	60	  	 	 	61	  	 	 	238	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES	 	 	68	  	 	 	102	  	 	 	71	  	 	 	66	  	 	 	307	  	 	 	73	  	 	 	60	  	 	 	64	  	 	 	61	  	 	 	258	  	
Provision for income taxes	 	 	14	  	 	 	41	  	 	 	16	  	 	 	14	  	 	 	85	  	 	 	16	  	 	 	12	  	 	 	5	  	 	 	18	  	 	 	51	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	 	 	54	  	 	 	61	  	 	 	55	  	 	 	52	  	 	 	222	  	 	 	57	  	 	 	48	  	 	 	59	  	 	 	43	  	 	 	207	  	
Less: net income attributable to noncontrolling interests	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 	 	54	  	 	 	61	  	 	 	55	  	 	 	52	  	 	 	222	  	 	 	57	  	 	 	48	  	 	 	59	  	 	 	43	  	 	 	207	  	
	 										
ADJUSTMENT TO NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	 			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 	 	(1	) 	 	 	(20	) 	 	 	(1	) 	 	 	—  	  	 	 	(22	) 	 	 	(2	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(2	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (1)	 	$	53	  	 	$	41	  	 	$	54	  	 	$	52	  	 	$	200	  	 	$	55	  	 	$	48	  	 	$	59	  	 	$	43	  	 	$	205	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	 	 	20.2	% 	 	 	44.0	% 	 	 	22.2	% 	 	 	21.7	% 	 	 	27.4	% 	 	 	21.0	% 	 	 	20.1	% 	 	 	8.2	% 	 	 	29.4	% 	 	 	19.5	% 	
											
SALES:	 				 				 				 				 				 				 				 				 				 				
New Insurance Written (NIW)	 				 				 				 				 				 				 				 				 				 				
Flow	 	$	7,900	  	 	$	7,100	  	 	$	6,700	  	 	$	5,500	  	 	$	27,200	  	 	$	5,900	  	 	$	6,100	  	 	$	6,000	  	 	$	6,700	  	 	$	24,700	  	
Bulk	 	 	1,100	  	 	 	100	  	 	 	2,300	  	 	 	1,000	  	 	 	4,500	  	 	 	1,500	  	 	 	900	  	 	 	1,200	  	 	 	700	  	 	 	4,300	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Australia NIW (2)	 	$	9,000	  	 	$	7,200	  	 	$	9,000	  	 	$	6,500	  	 	$	31,700	  	 	$	7,400	  	 	$	7,000	  	 	$	7,200	  	 	$	7,400	  	 	$	29,000	  	

 

(1)  	Net operating income for the Australian platform adjusted for foreign exchange as compared to the prior year period was $50 million and $175 million for the three and twelve months ended December 31, 2011, respectively.	
(2)  	New insurance written for the Australian platform adjusted for foreign exchange as compared to the prior year period was $8,600 million and $28,100 million for the three and twelve months ended December 31, 2011, respectively.	
 
38

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss) and Sales—International Mortgage Insurance Segment—Other Countries
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	11	  	 	$	15	  	 	$	13	  	 	$	13	  	 	$	52	  	 	$	16	  	 	$	12	  	 	$	14	  	 	$	15	  	 	$	57	  	
Net investment income	  	 	3	  	 	 	3	  	 	 	3	  	 	 	4	  	 	 	13	  	 	 	3	  	 	 	3	  	 	 	4	  	 	 	3	  	 	 	13	  	
Net investment gains (losses)	  	 	(1	) 	 	 	(1	) 	 	 	1	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	2	  	 	 	3	  	
Insurance and investment product fees and other	  	 	2	  	 	 	—  	  	 	 	4	  	 	 	1	  	 	 	7	  	 	 	1	  	 	 	5	  	 	 	—  	  	 	 	1	  	 	 	7	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	15	  	 	 	17	  	 	 	21	  	 	 	19	  	 	 	72	  	 	 	20	  	 	 	21	  	 	 	18	  	 	 	21	  	 	 	80	  	

BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	19	  	 	 	11	  	 	 	9	  	 	 	8	  	 	 	47	  	 	 	13	  	 	 	8	  	 	 	20	  	 	 	14	  	 	 	55	  	
Acquisition and operating expenses, net of deferrals	  	 	8	  	 	 	12	  	 	 	12	  	 	 	11	  	 	 	43	  	 	 	9	  	 	 	12	  	 	 	11	  	 	 	11	  	 	 	43	  	
Amortization of deferred acquisition costs and intangibles	  	 	1	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	3	  	 	 	2	  	 	 	—  	  	 	 	2	  	 	 	1	  	 	 	5	  	
Interest expense	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	28	  	 	 	24	  	 	 	21	  	 	 	20	  	 	 	93	  	 	 	24	  	 	 	20	  	 	 	33	  	 	 	26	  	 	 	103	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	(13	) 	 	 	(7	) 	 	 	—  	  	 	 	(1	) 	 	 	(21	) 	 	 	(4	) 	 	 	1	  	 	 	(15	) 	 	 	(5	) 	 	 	(23	) 	
Provision (benefit) for income taxes	  	 	3	  	 	 	—  	  	 	 	2	  	 	 	3	  	 	 	8	  	 	 	(1	) 	 	 	—  	  	 	 	(5	) 	 	 	(1	) 	 	 	(7	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	(16	) 	 	 	(7	) 	 	 	(2	) 	 	 	(4	) 	 	 	(29	) 	 	 	(3	) 	 	 	1	  	 	 	(10	) 	 	 	(4	) 	 	 	(16	) 	
Less: net income attributable to noncontrolling interests	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	(16	) 	 	 	(7	) 	 	 	(2	) 	 	 	(4	) 	 	 	(29	) 	 	 	(3	) 	 	 	1	  	 	 	(10	) 	 	 	(4	) 	 	 	(16	) 	
	 										
ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	1	  	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(1	) 	 	 	(1	) 	 	 	(2	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS) (1)	  	$	(15	) 	 	$	(7	) 	 	$	(3	) 	 	$	(4	) 	 	$	(29	) 	 	$	(3	) 	 	$	1	  	 	$	(11	) 	 	$	(5	) 	 	$	(18	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	  	 	-25.3	% 	 	 	-4.3	% 	 	 	-514.6	% 	 	 	-113.4	% 	 	 	-37.6	% 	 	 	35.5	% 	 	 	15.8	% 	 	 	31.0	% 	 	 	28.8	% 	 	 	31.5	% 	
											
SALES:	  				 				 				 				 				 				 				 				 				 				
New Insurance Written (NIW)	  				 				 				 				 				 				 				 				 				 				
Flow	  	$	400	  	 	$	500	  	 	$	600	  	 	$	500	  	 	$	2,000	  	 	$	600	  	 	$	700	  	 	$	700	  	 	$	700	  	 	$	2,700	  	
Bulk	  	 	300	  	 	 	300	  	 	 	300	  	 	 	200	  	 	 	1,100	  	 	 	1,600	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1,600	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Other Countries NIW (2)	  	$	700	  	 	$	800	  	 	$	900	  	 	$	700	  	 	$	3,100	  	 	$	2,200	  	 	$	700	  	 	$	700	  	 	$	700	  	 	$	4,300	  	

 

(1)  	Net operating income (loss) for the Other Countries platform adjusted for foreign exchange as compared to the prior year period was $(15) million and $(28) million for the three and twelve months ended December 31, 2011, respectively.	
(2)  	New insurance written for the Other Countries platform adjusted for foreign exchange as compared to the prior year period was $700 million and $3,000 million for the three and twelve months ended December 31, 2011, respectively.	
 
39

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Selected Key Performance Measures—International Mortgage Insurance Segment
(amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Net Premiums Written	 			 	  				 				 				 				 				 				 				 				 				
Canada	 	$	122	  	  	$	164	  	 	$	155	  	 	$	101	  	 	$	542	  	 	$	131	  	 	$	160	  	 	$	153	  	 	$	90	  	 	$	534	  	
Australia	 	 	104	  	  	 	92	  	 	 	90	  	 	 	61	  	 	 	347	  	 	 	65	  	 	 	63	  	 	 	65	  	 	 	64	  	 	 	257	  	
Other Countries (1)	 	 	7	  	  	 	5	  	 	 	12	  	 	 	10	  	 	 	34	  	 	 	9	  	 	 	10	  	 	 	—  	  	 	 	9	  	 	 	28	  	
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total International Net Premiums Written	 	$	233	  	  	$	261	  	 	$	257	  	 	$	172	  	 	$	923	  	 	$	205	  	 	$	233	  	 	$	218	  	 	$	163	  	 	$	819	  	

Loss Ratio (2) 	 			 	  				 				 				 				 				 				 				 				 				
Canada	 	 	40	% 	  	 	36	% 	 	 	33	% 	 	 	38	% 	 	 	37	% 	 	 	32	% 	 	 	31	% 	 	 	32	% 	 	 	38	% 	 	 	33	% 	
Australia	 	 	46	% 	  	 	48	% 	 	 	48	% 	 	 	45	% 	 	 	47	% 	 	 	37	% 	 	 	38	% 	 	 	42	% 	 	 	44	% 	 	 	40	% 	
Other Countries	 	 	165	% 	  	 	85	% 	 	 	59	% 	 	 	62	% 	 	 	91	% 	 	 	81	% 	 	 	69	% 	 	 	136	% 	 	 	93	% 	 	 	96	% 	
Total International Loss Ratio	 	 	48	% 	  	 	43	% 	 	 	40	% 	 	 	42	% 	 	 	43	% 	 	 	37	% 	 	 	35	% 	 	 	42	% 	 	 	43	% 	 	 	39	% 	
	 										
GAAP Basis Expense Ratio (3) 	 			 	  				 				 				 				 				 				 				 				 				
Canada	 	 	25	% 	  	 	24	% 	 	 	24	% 	 	 	24	% 	 	 	24	% 	 	 	25	% 	 	 	24	% 	 	 	24	% 	 	 	23	% 	 	 	24	% 	
Australia	 	 	30	% 	  	 	27	% 	 	 	29	% 	 	 	30	% 	 	 	29	% 	 	 	32	% 	 	 	33	% 	 	 	28	% 	 	 	30	% 	 	 	31	% 	
Other Countries (1)	 	 	76	% 	  	 	95	% 	 	 	94	% 	 	 	87	% 	 	 	89	% 	 	 	74	% 	 	 	97	% 	 	 	86	% 	 	 	82	% 	 	 	84	% 	
Total International GAAP Basis Expense Ratio	 	 	29	% 	  	 	29	% 	 	 	30	% 	 	 	29	% 	 	 	29	% 	 	 	31	% 	 	 	31	% 	 	 	29	% 	 	 	29	% 	 	 	30	% 	
	 										
Adjusted Expense Ratio (4) 	 			 	  				 				 				 				 				 				 				 				 				
Canada	 	 	31	% 	  	 	22	% 	 	 	25	% 	 	 	37	% 	 	 	28	% 	 	 	29	% 	 	 	23	% 	 	 	23	% 	 	 	38	% 	 	 	27	% 	
Australia	 	 	28	% 	  	 	30	% 	 	 	32	% 	 	 	46	% 	 	 	33	% 	 	 	45	% 	 	 	39	% 	 	 	37	% 	 	 	39	% 	 	 	40	% 	
Other Countries (1)	 	 	121	% 	  	 	280	% 	 	 	108	% 	 	 	114	% 	 	 	135	% 	 	 	118	% 	 	 	124	% 	 	 	NM 	(6)  	 	 	129	% 	 	 	170	% 	
Total International Adjusted Expense Ratio	 	 	32	% 	  	 	30	% 	 	 	31	% 	 	 	45	% 	 	 	34	% 	 	 	38	% 	 	 	31	% 	 	 	33	% 	 	 	44	% 	 	 	36	% 	
	 										
Primary Insurance In-Force	 			 	  				 				 				 				 				 				 				 				 				
Canada	 	$	261,300	  	  	$	250,200	  	 	$	264,700	  	 	$	256,700	  	 				 	$	246,300	  	 	$	234,400	  	 	$	220,400	  	 	$	225,400	  	 				
Australia	 	 	281,500	  	  	 	264,300	  	 	 	296,200	  	 	 	284,600	  	 				 	 	283,500	  	 	 	267,100	  	 	 	233,100	  	 	 	254,400	  	 				
Other Countries	 	 	32,600	  	  	 	33,600	  	 	 	37,000	  	 	 	36,200	  	 				 	 	34,300	  	 	 	33,900	  	 	 	30,600	  	 	 	35,700	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total International Primary Insurance In-Force	 	$	575,400	  	  	$	548,100	  	 	$	597,900	  	 	$	577,500	  	 				 	$	564,100	  	 	$	535,400	  	 	$	484,100	  	 	$	515,500	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Primary Risk In-Force (5) 	 			 	  				 				 				 				 				 				 				 				 				
Canada	 			 	  				 				 				 				 				 				 				 				 				
Flow	 	$	74,000	  	  	$	70,600	  	 	$	74,400	  	 	$	72,200	  	 				 	$	69,300	  	 	$	65,500	  	 	$	61,300	  	 	$	62,400	  	 				
Bulk	 	 	17,500	  	  	 	16,900	  	 	 	18,200	  	 	 	17,700	  	 				 	 	16,900	  	 	 	16,500	  	 	 	15,800	  	 	 	16,500	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Canada	 	 	91,500	  	  	 	87,500	  	 	 	92,600	  	 	 	89,900	  	 				 	 	86,200	  	 	 	82,000	  	 	 	77,100	  	 	 	78,900	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Australia	 			 	  				 				 				 				 				 				 				 				 				
Flow	 	 	88,700	  	  	 	83,300	  	 	 	93,200	  	 	 	90,000	  	 				 	 	88,900	  	 	 	83,500	  	 	 	73,000	  	 	 	79,400	  	 				
Bulk	 	 	9,800	  	  	 	9,200	  	 	 	10,500	  	 	 	9,600	  	 				 	 	10,400	  	 	 	10,000	  	 	 	8,600	  	 	 	9,600	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Australia	 	 	98,500	  	  	 	92,500	  	 	 	103,700	  	 	 	99,600	  	 				 	 	99,300	  	 	 	93,500	  	 	 	81,600	  	 	 	89,000	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Other Countries	 			 	  				 				 				 				 				 				 				 				 				
Flow (1)	 	 	4,100	  	  	 	4,400	  	 	 	4,800	  	 	 	4,700	  	 				 	 	4,500	  	 	 	4,500	  	 	 	4,000	  	 	 	4,700	  	 				
Bulk	 	 	400	  	  	 	400	  	 	 	500	  	 	 	500	  	 				 	 	400	  	 	 	200	  	 	 	300	  	 	 	300	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Other Countries	 	 	4,500	  	  	 	4,800	  	 	 	5,300	  	 	 	5,200	  	 				 	 	4,900	  	 	 	4,700	  	 	 	4,300	  	 	 	5,000	  	 				

Total International Primary Risk In-Force	 	$	194,500	  	  	$	184,800	  	 	$	201,600	  	 	$	194,700	  	 				 	$	190,400	  	 	$	180,200	  	 	$	163,000	  	 	$	172,900	  	 				

The loss and expense ratios included above were calculated using whole dollars and may be different than the ratios calculated using the rounded numbers included herein.

(1)  	Includes the impact of settlements and cancelled insurance contracts, primarily with lenders in Europe. Primary flow risk in-force excludes $114 million and $92 million of risk in-force in Europe ceded under a quota share reinsurance agreement as of December 31, 2011 and September 30, 2011, respectively.	
(2)  	The ratio of incurred losses and loss adjustment expense to net earned premiums. In determining the pricing of the mortgage insurance products, the company develops a pricing loss ratio which uses industry and company loss experience over a number of years, which incorporate both favorable and unfavorable economic environments, differing coverage levels and varying capital requirements. Actual results may vary from pricing loss ratios for a number of reasons, which include differing economic conditions and actual individual product and lender performance. New business pricing loss ratios for the international businesses were as follows for all periods: Canada 35%-40%, Australia 25%-35% and Europe 40%-45%.	
(3)  	The ratio of an insurer’s general expenses to net earned premiums. In the business, general expenses consist of acquisition and operating expenses, net of deferrals, and amortization of deferred acquisition costs (DAC) and intangibles.	
(4)  	The ratio of an insurer’s general expenses to net premiums written. In the business, general expenses consist of acquisition and operating expenses, net of deferrals, and amortization of DAC and intangibles.	
(5)  	The businesses in Australia, New Zealand and Canada currently provide 100% coverage on the majority of the loans the company insures in those markets. For the purpose of representing the risk in-force, the company has computed an “effective risk in-force” amount which recognizes that the loss on any particular loan will be reduced by the net proceeds received upon sale of the property. Effective risk in-force has been calculated by applying to insurance in-force a factor that represents the highest expected average per-claim payment for any one underwriting year over the life of the businesses in Australia, New Zealand and Canada. This factor was 35% for all periods presented.	
(6)  	“NM” is defined as not meaningful for increases or decreases greater than 500%.	
 
40

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Selected Key Performance Measures—International Mortgage Insurance Segment—Canada
(dollar amounts in millions)

Primary Insurance	  	December 31, 2011	 	 	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	 	December 31, 2010	 	 	 	 	
Insured loans in-force	  	 	1,362,092	  	 	 	1,346,546	  	 	 	1,326,690	  	 	 	1,301,973	  	 	 	1,287,153	  	 				
Insured delinquent loans	  	 	2,752	  	 	 	2,868	  	 	 	3,281	  	 	 	3,454	  	 	 	3,401	  	 				
Insured delinquency rate	  	 	0.20	% 	 	 	0.21	% 	 	 	0.25	% 	 	 	0.27	% 	 	 	0.26	% 	 				
							
Flow loans in-force	  	 	1,064,942	  	 	 	1,049,959	  	 	 	1,029,844	  	 	 	1,011,823	  	 	 	1,000,254	  	 				
Flow delinquent loans	  	 	2,477	  	 	 	2,594	  	 	 	2,956	  	 	 	3,113	  	 	 	3,117	  	 				
Flow delinquency rate	  	 	0.23	% 	 	 	0.25	% 	 	 	0.29	% 	 	 	0.31	% 	 	 	0.31	% 	 				
							
Bulk loans in-force	  	 	297,150	  	 	 	296,587	  	 	 	296,846	  	 	 	290,150	  	 	 	286,899	  	 				
Bulk delinquent loans	  	 	275	  	 	 	274	  	 	 	325	  	 	 	341	  	 	 	284	  	 				
Bulk delinquency rate	  	 	0.09	% 	 	 	0.09	% 	 	 	0.11	% 	 	 	0.12	% 	 	 	0.10	% 	 				
							
Loss Metrics	  	December 31, 2011	 	 	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	 	December 31, 2010	 	 	 	 	
Beginning Reserves	  	$	142	  	 	$	174	  	 	$	200	  	 	$	202	  	 	$	202	  	 				
Paid claims	  	 	(64	) 	 	 	(74	) 	 	 	(79	) 	 	 	(66	) 	 	 	(56	) 	 				
Increase in reserves	  	 	82	  	 	 	56	  	 	 	52	  	 	 	59	  	 	 	50	  	 				
Impact of changes in foreign exchange rates	  	 	1	  	 	 	(14	) 	 	 	1	  	 	 	5	  	 	 	6	  	 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Ending Reserves	  	$	161	  	 	$	142	  	 	$	174	  	 	$	200	  	 	$	202	  	 				

 	  	December 31, 2011	 	 	September 30, 2011	 	 	December 31, 2010	 	
Province and Territory	  	% of Primary
Risk In-Force	 	 	Primary
Delinquency Rate	 	 	% of Primary
Risk In-Force	 	 	Primary
Delinquency Rate	 	 	% of Primary
Risk In-Force	 	 	Primary
Delinquency Rate	 	
Ontario	  	 	46	% 	 	 	0.12	% 	 	 	46	% 	 	 	0.13	% 	 	 	46	% 	 	 	0.18	% 	
British Columbia	  	 	16	  	 	 	0.28	% 	 	 	16	  	 	 	0.27	% 	 	 	16	  	 	 	0.30	% 	
Alberta	  	 	16	  	 	 	0.40	% 	 	 	16	  	 	 	0.46	% 	 	 	16	  	 	 	0.62	% 	
Quebec	  	 	15	  	 	 	0.22	% 	 	 	15	  	 	 	0.22	% 	 	 	15	  	 	 	0.23	% 	
Nova Scotia	  	 	2	  	 	 	0.23	% 	 	 	2	  	 	 	0.24	% 	 	 	2	  	 	 	0.23	% 	
Saskatchewan	  	 	2	  	 	 	0.14	% 	 	 	2	  	 	 	0.16	% 	 	 	2	  	 	 	0.16	% 	
Manitoba	  	 	1	  	 	 	0.08	% 	 	 	1	  	 	 	0.10	% 	 	 	1	  	 	 	0.09	% 	
New Brunswick	  	 	1	  	 	 	0.29	% 	 	 	1	  	 	 	0.28	% 	 	 	1	  	 	 	0.30	% 	
All Other	  	 	1	  	 	 	0.09	% 	 	 	1	  	 	 	0.07	% 	 	 	1	  	 	 	0.13	% 	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	  	 	100	% 	 	 	0.20	% 	 	 	100	% 	 	 	0.21	% 	 	 	100	% 	 	 	0.26	% 	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
By Policy Year	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
2003 and prior	  	 	18	% 	 	 	0.03	% 	 	 	18	% 	 	 	0.03	% 	 	 	20	% 	 	 	0.04	% 	
2004	  	 	7	  	 	 	0.06	% 	 	 	8	  	 	 	0.08	% 	 	 	8	  	 	 	0.10	% 	
2005	  	 	8	  	 	 	0.13	% 	 	 	8	  	 	 	0.13	% 	 	 	8	  	 	 	0.16	% 	
2006	  	 	9	  	 	 	0.25	% 	 	 	9	  	 	 	0.26	% 	 	 	10	  	 	 	0.35	% 	
2007	  	 	18	  	 	 	0.38	% 	 	 	19	  	 	 	0.40	% 	 	 	21	  	 	 	0.55	% 	
2008	  	 	11	  	 	 	0.52	% 	 	 	11	  	 	 	0.57	% 	 	 	13	  	 	 	0.65	% 	
2009	  	 	7	  	 	 	0.34	% 	 	 	7	  	 	 	0.34	% 	 	 	8	  	 	 	0.27	% 	
2010	  	 	11	  	 	 	0.20	% 	 	 	12	  	 	 	0.17	% 	 	 	12	  	 	 	0.04	% 	
2011	  	 	11	  	 	 	0.05	% 	 	 	8	  	 	 	0.02	% 	 	 	—  	  	 	 	—  	% 	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	  	 	100	% 	 	 	0.20	% 	 	 	100	% 	 	 	0.21	% 	 	 	100	% 	 	 	0.26	% 	

41

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Selected Key Performance Measures—International Mortgage Insurance Segment—Canada
(Canadian dollar amounts in millions)

 	  	2011	 	  	2010	 	
 	  	    4Q    	 	  	    3Q    	 	 	    2Q    	 	 	    1Q    	 	 	    Total    	 	  	    4Q    	 	 	    3Q    	 	 	    2Q    	 	 	    1Q    	 	 	    Total    	 	
Paid Claims	  			 	  				 				 				 				  				 				 				 				 				
Flow	  	$	62	  	  	$	70	  	 	$	75	  	 	$	64	  	 	$	271	  	  	$	56	  	 	$	60	  	 	$	53	  	 	$	61	  	 	$	230	  	
Bulk	  	 	3	  	  	 	2	  	 	 	2	  	 	 	1	  	 	 	8	  	  	 	—  	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	3	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Paid Claims	  	$	65	  	  	$	72	  	 	$	77	  	 	$	65	  	 	$	279	  	  	$	56	  	 	$	61	  	 	$	54	  	 	$	62	  	 	$	233	  	

Average Paid Claim (in thousands)	  	$	80.6	  	  	$	80.5	  	 	$	82.3	  	 	$	77.0	  	 				  	$	78.6	  	 	$	71.6	  	 	$	62.6	  	 	$	69.8	  	 				
	 										
Average Reserve Per Delinquency (in thousands)	  	$	57.7	  	  	$	51.5	  	 	$	51.0	  	 	$	56.2	  	 				  	$	58.9	  	 	$	66.1	  	 	$	68.5	  	 	$	65.2	  	 				
	 										
Loss Metrics	  			 	  				 				 				 				  				 				 				 				 				
	 										
Beginning Reserves	  	$	148	  	  	$	167	  	 	$	194	  	 	$	200	  	 				  	$	207	  	 	$	221	  	 	$	226	  	 	$	229	  	 				
Paid claims	  	 	(65	) 	  	 	(72	) 	 	 	(77	) 	 	 	(65	) 	 				  	 	(56	) 	 	 	(61	) 	 	 	(54	) 	 	 	(62	) 	 				
Increase in reserves	  	 	81	  	  	 	53	  	 	 	50	  	 	 	59	  	 				  	 	49	  	 	 	47	  	 	 	49	  	 	 	59	  	 				
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Ending Reserves	  	$	164	  	  	$	148	  	 	$	167	  	 	$	194	  	 				  	$	200	  	 	$	207	  	 	$	221	  	 	$	226	  	 				

Loan Amount	  			 	  				 				 				 				  				 				 				 				 				
	 										
Over $550K	  	 	4	% 	  	 	4	% 	 	 	4	% 	 	 	4	% 	 				  	 	4	% 	 	 	4	% 	 	 	4	% 	 	 	3	% 	 				
$400K to $550K	  	 	8	  	  	 	8	  	 	 	8	  	 	 	8	  	 				  	 	8	  	 	 	7	  	 	 	7	  	 	 	7	  	 				
$250K to $400K	  	 	30	  	  	 	30	  	 	 	29	  	 	 	29	  	 				  	 	28	  	 	 	29	  	 	 	28	  	 	 	28	  	 				
$100K to $250K	  	 	52	  	  	 	52	  	 	 	52	  	 	 	52	  	 				  	 	53	  	 	 	53	  	 	 	54	  	 	 	55	  	 				
$100K or Less	  	 	6	  	  	 	6	  	 	 	7	  	 	 	7	  	 				  	 	7	  	 	 	7	  	 	 	7	  	 	 	7	  	 				
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total	  	 	100	% 	  	 	100	% 	 	 	100	% 	 	 	100	% 	 				  	 	100	% 	 	 	100	% 	 	 	100	% 	 	 	100	% 	 				

Average Primary Loan Size (in thousands)	  	$	195	  	  	$	194	  	 	$	192	  	 	$	191	  	 				  	$	190	  	 	$	189	  	 	$	187	  	 	$	186	  	 				
			
Average Effective Loan-To-Value Ratios By Policy Year  (1) 	  				  				
 
2005 and prior	  	 	40	% 	  				
2006	  	 	61	% 	  				
2007	  	 	72	% 	  				
2008	  	 	76	% 	  				
2009	  	 	79	% 	  				
2010	  	 	86	% 	  				
2011	  	 	91	% 	  				
Total Flow	  	 	58	% 	  				
Total Bulk	  	 	29	% 	  				
			
Total	  	 	52	% 	  				
All amounts presented in Canadian dollars.

(1)  	Loan amounts (including capitalized premiums) reflect interest rates at time of loan origination and estimated scheduled principal repayments since loan origination. Home price estimates based on regional home price appreciation/depreciation data from the Canadian Real Estate Association. All data used in the effective loan-to-value ratio calculation reflects conditions as of the end of the previous quarter.	
 
42

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Selected Key Performance Measures—International Mortgage Insurance Segment—Australia
(dollar amounts in millions)

Primary Insurance	  	December 31, 2011	 	 	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	 	December 31, 2010	 	 	 	 	
Insured loans in-force	  	 	1,437,380	  	 	 	1,428,328	  	 	 	1,453,012	  	 	 	1,453,554	  	 	 	1,468,773	  	 				
Insured delinquent loans	  	 	7,874	  	 	 	8,464	  	 	 	8,193	  	 	 	7,557	  	 	 	7,062	  	 				
Insured delinquency rate	  	 	0.55	% 	 	 	0.59	% 	 	 	0.56	% 	 	 	0.52	% 	 	 	0.48	% 	 				
							
Flow loans in-force	  	 	1,289,200	  	 	 	1,280,741	  	 	 	1,301,648	  	 	 	1,307,167	  	 	 	1,304,337	  	 				
Flow delinquent loans	  	 	7,276	  	 	 	8,208	  	 	 	7,995	  	 	 	7,387	  	 	 	6,872	  	 				
Flow delinquency rate	  	 	0.56	% 	 	 	0.64	% 	 	 	0.61	% 	 	 	0.57	% 	 	 	0.53	% 	 				
							
Bulk loans in-force	  	 	148,180	  	 	 	147,587	  	 	 	151,364	  	 	 	146,387	  	 	 	164,436	  	 				
Bulk delinquent loans	  	 	248	  	 	 	256	  	 	 	198	  	 	 	170	  	 	 	190	  	 				
Bulk delinquency rate	  	 	0.17	% 	 	 	0.17	% 	 	 	0.13	% 	 	 	0.12	% 	 	 	0.12	% 	 				
							
Loss Metrics	  	December 31, 2011	 	 	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	 	December 31, 2010	 	 	 	 	
Beginning Reserves	  	$	247	  	 	$	248	  	 	$	224	  	 	$	206	  	 	$	188	  	 				
Paid claims	  	 	(32	) 	 	 	(26	) 	 	 	(32	) 	 	 	(26	) 	 	 	(27	) 	 				
Increase in reserves	  	 	44	  	 	 	50	  	 	 	47	  	 	 	42	  	 	 	33	  	 				
Impact of changes in foreign exchange rates	  	 	13	  	 	 	(25	) 	 	 	9	  	 	 	2	  	 	 	12	  	 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Ending Reserves	  	$	272	  	 	$	247	  	 	$	248	  	 	$	224	  	 	$	206	  	 				

 	  	December 31, 2011	 	 	September 30, 2011	 	 	December 31, 2010	 	
State and Territory	  	% of Primary
Risk In-Force	 	 	Primary
Delinquency  Rate	 	 	% of Primary
Risk  In-Force	 	 	Primary
Delinquency Rate	 	 	% of Primary
Risk In-Force	 	 	Primary
Delinquency  Rate	 	
New South Wales	  	 	31	% 	 	 	0.55	% 	 	 	31	% 	 	 	0.60	% 	 	 	31	% 	 	 	0.55	% 	
Victoria	  	 	23	  	 	 	0.37	% 	 	 	23	  	 	 	0.42	% 	 	 	23	  	 	 	0.36	% 	
Queensland	  	 	22	  	 	 	0.81	% 	 	 	22	  	 	 	0.84	% 	 	 	23	  	 	 	0.56	% 	
Western Australia	  	 	11	  	 	 	0.56	% 	 	 	11	  	 	 	0.59	% 	 	 	10	  	 	 	0.43	% 	
South Australia	  	 	6	  	 	 	0.51	% 	 	 	6	  	 	 	0.52	% 	 	 	6	  	 	 	0.43	% 	
New Zealand	  	 	2	  	 	 	0.93	% 	 	 	2	  	 	 	1.12	% 	 	 	2	  	 	 	1.11	% 	
Australian Capital Territory	  	 	2	  	 	 	0.10	% 	 	 	2	  	 	 	0.14	% 	 	 	2	  	 	 	0.09	% 	
Tasmania	  	 	2	  	 	 	0.38	% 	 	 	2	  	 	 	0.40	% 	 	 	2	  	 	 	0.30	% 	
Northern Territory	  	 	1	  	 	 	0.25	% 	 	 	1	  	 	 	0.27	% 	 	 	1	  	 	 	0.19	% 	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	  	 	100	% 	 	 	0.55	% 	 	 	100	% 	 	 	0.59	% 	 	 	100	% 	 	 	0.48	% 	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
By Policy Year	  				 				 				 				 				 				
							
2003 and prior	  	 	19	% 	 	 	0.09	% 	 	 	19	% 	 	 	0.10	% 	 	 	20	% 	 	 	0.09	% 	
2004	  	 	6	  	 	 	0.35	% 	 	 	6	  	 	 	0.42	% 	 	 	7	  	 	 	0.36	% 	
2005	  	 	8	  	 	 	0.54	% 	 	 	8	  	 	 	0.58	% 	 	 	9	  	 	 	0.50	% 	
2006	  	 	11	  	 	 	0.81	% 	 	 	11	  	 	 	0.85	% 	 	 	13	  	 	 	0.69	% 	
2007	  	 	12	  	 	 	1.18	% 	 	 	13	  	 	 	1.22	% 	 	 	14	  	 	 	1.05	% 	
2008	  	 	12	  	 	 	1.40	% 	 	 	12	  	 	 	1.50	% 	 	 	13	  	 	 	1.13	% 	
2009	  	 	13	  	 	 	0.80	% 	 	 	14	  	 	 	0.83	% 	 	 	14	  	 	 	0.46	% 	
2010	  	 	9	  	 	 	0.21	% 	 	 	10	  	 	 	0.18	% 	 	 	10	  	 	 	0.05	% 	
2011	  	 	10	  	 	 	0.03	% 	 	 	7	  	 	 	0.01	% 	 	 	—  	  	 	 	—  	% 	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	  	 	100	% 	 	 	0.55	% 	 	 	100	% 	 	 	0.59	% 	 	 	100	% 	 	 	0.48	% 	

43

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Selected Key Performance Measures—International Mortgage Insurance Segment—Australia
(Australian dollar amounts in millions)

 	  	2011	 	  	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Paid Claims	  			 	  				 				 				 				  				 				 				 				 				
Flow	  	$	30	  	  	$	25	  	 	$	29	  	 	$	26	  	 	$	110	  	  	$	28	  	 	$	31	  	 	$	60	  	 	$	51	  	 	$	170	  	
Bulk	  	 	1	  	  	 	—  	  	 	 	1	  	 	 	—  	  	 	 	2	  	  	 	—  	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	1	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Paid Claims	  	$	31	  	  	$	25	  	 	$	30	  	 	$	26	  	 	$	112	  	  	$	28	  	 	$	32	  	 	$	60	  	 	$	51	  	 	$	171	  	

Average Paid Claim (in thousands)	  	$	64.6	  	  	$	62.4	  	 	$	75.9	  	 	$	71.2	  	 				  	$	68.1	  	 	$	61.5	  	 	$	74.2	  	 	$	66.8	  	 				
	 										
Average Reserve Per Delinquency (in thousands)	  	$	33.7	  	  	$	30.0	  	 	$	28.2	  	 	$	28.5	  	 				  	$	28.4	  	 	$	27.3	  	 	$	27.2	  	 	$	29.1	  	 				
	 										
Loss Metrics	  			 	  				 				 				 				  				 				 				 				 				
	 										
Beginning Reserves	  	$	255	  	  	$	232	  	 	$	216	  	 	$	201	  	 				  	$	195	  	 	$	194	  	 	$	212	  	 	$	225	  	 				
Paid claims	  	 	(31	) 	  	 	(25	) 	 	 	(30	) 	 	 	(26	) 	 				  	 	(28	) 	 	 	(32	) 	 	 	(60	) 	 	 	(51	) 	 				
Increase in reserves	  	 	42	  	  	 	48	  	 	 	46	  	 	 	41	  	 				  	 	34	  	 	 	33	  	 	 	42	  	 	 	38	  	 				
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Ending Reserves	  	$	266	  	  	$	255	  	 	$	232	  	 	$	216	  	 				  	$	201	  	 	$	195	  	 	$	194	  	 	$	212	  	 				

Loan Amount	  			 	  				 				 				 				  				 				 				 				 				
	 										
Over $550K	  	 	11	% 	  	 	11	% 	 	 	11	% 	 	 	11	% 	 				  	 	11	% 	 	 	10	% 	 	 	10	% 	 	 	10	% 	 				
$400K to $550K	  	 	15	  	  	 	15	  	 	 	14	  	 	 	14	  	 				  	 	14	  	 	 	14	  	 	 	14	  	 	 	14	  	 				
$250K to $400K	  	 	36	  	  	 	36	  	 	 	36	  	 	 	36	  	 				  	 	35	  	 	 	35	  	 	 	35	  	 	 	34	  	 				
$100K to $250K	  	 	31	  	  	 	31	  	 	 	32	  	 	 	32	  	 				  	 	33	  	 	 	34	  	 	 	34	  	 	 	34	  	 				
$100K or Less	  	 	7	  	  	 	7	  	 	 	7	  	 	 	7	  	 				  	 	7	  	 	 	7	  	 	 	7	  	 	 	8	  	 				
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total	  	 	100	% 	  	 	100	% 	 	 	100	% 	 	 	100	% 	 				  	 	100	% 	 	 	100	% 	 	 	100	% 	 	 	100	% 	 				

Average Primary Loan Size (in thousands)	  	$	191	  	  	$	191	  	 	$	190	  	 	$	189	  	 				  	$	188	  	 	$	188	  	 	$	187	  	 	$	187	  	 				
Average Effective Loan-To-Value Ratios By Policy Year (1) 	  	 	 	  	 	 	
2005 and prior	  	 	45	% 	  			
2006	  	 	58	% 	  			
2007	  	 	68	% 	  			
2008	  	 	74	% 	  			
2009	  	 	79	% 	  			
2010	  	 	85	% 	  			
2011	  	 	86	% 	  			
Total Flow	  	 	66	% 	  			
Total Bulk	  	 	37	% 	  			
Total	  	 	62	% 	  			
All amounts presented in Australian dollars.

(1)  	Loan amounts (including capitalized premiums) reflect interest rates at time of loan origination and estimated scheduled principal repayments since loan origination. Home price estimates based on regional home price appreciation/depreciation data from RP Data (except Tasmania which is from the Australian Bureau of Statistics). All data used in the effective loan-to-value ratio calculation reflects conditions as of the end of the previous quarter. Effective loan-to-value ratios exclude New Zealand and inward reinsurance policies.	
 
44

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Selected Key Performance Measures—International Mortgage Insurance Segment
(amounts in millions)

Risk In-Force by Loan-To-Value Ratio (1) 	  	December 31, 2011	 	  	September 30, 2011	 	
 	  	Primary	 	  	Flow	 	  	Bulk	 	  	Primary	 	  	Flow	 	  	Bulk	 	
Canada	  				  				  				  				  				  				
95.01% and above	  	$	32,098	  	  	$	32,098	  	  	$	—  	  	  	$	30,595	  	  	$	30,595	  	  	$	—  	  	
90.01% to 95.00%	  	 	24,059	  	  	 	24,056	  	  	 	3	  	  	 	23,144	  	  	 	23,142	  	  	 	3	  	
80.01% to 90.00%	  	 	16,730	  	  	 	14,983	  	  	 	1,747	  	  	 	15,789	  	  	 	14,203	  	  	 	1,586	  	
80.00% and below	  	 	18,571	  	  	 	2,791	  	  	 	15,780	  	  	 	18,027	  	  	 	2,677	  	  	 	15,350	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total Canada	  	$	91,458	  	  	$	73,928	  	  	$	17,530	  	  	$	87,555	  	  	$	70,617	  	  	$	16,938	  	

Australia	  				  				  				  				  				  				
95.01% and above	  	$	16,653	  	  	$	16,652	  	  	$	1	  	  	$	15,399	  	  	$	15,398	  	  	$	1	  	
90.01% to 95.00%	  	 	20,853	  	  	 	20,844	  	  	 	9	  	  	 	19,367	  	  	 	19,358	  	  	 	9	  	
80.01% to 90.00%	  	 	25,111	  	  	 	25,014	  	  	 	98	  	  	 	23,557	  	  	 	23,462	  	  	 	95	  	
80.00% and below	  	 	35,901	  	  	 	26,150	  	  	 	9,751	  	  	 	34,186	  	  	 	25,056	  	  	 	9,131	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total Australia	  	$	98,518	  	  	$	88,660	  	  	$	9,859	  	  	$	92,509	  	  	$	83,274	  	  	$	9,235	  	

Other Countries (2)	  				  				  				  				  				  				
95.01% and above	  	$	794	  	  	$	793	  	  	$	—  	  	  	$	841	  	  	$	841	  	  	$	—  	  	
90.01% to 95.00%	  	 	2,051	  	  	 	1,987	  	  	 	65	  	  	 	2,127	  	  	 	2,060	  	  	 	67	  	
80.01% to 90.00%	  	 	1,360	  	  	 	1,067	  	  	 	293	  	  	 	1,430	  	  	 	1,125	  	  	 	305	  	
80.00% and below	  	 	285	  	  	 	247	  	  	 	38	  	  	 	293	  	  	 	254	  	  	 	39	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total Other Countries	  	$	4,490	  	  	$	4,094	  	  	$	396	  	  	$	4,691	  	  	$	4,280	  	  	$	411	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Amounts may not total due to rounding.

(1)  	Loan amount in loan-to-value ratio calculation includes capitalized premiums, where applicable.	
(2)  	Other Countries flow and primary risk in-force exclude $114 million and $92 million of risk in-force in Europe ceded under a quota share reinsurance agreement as of December 31, 2011 and September 30, 2011, respectively.	
 
45

U.S. Mortgage Insurance Segment
 
46

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Loss and Sales—U.S. Mortgage Insurance Segment
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	140	  	 	$	140	  	 	$	142	  	 	$	142	  	 	$	564	  	 	$	151	  	 	$	149	  	 	$	153	  	 	$	142	  	 	$	595	  	
Net investment income	  	 	16	  	 	 	29	  	 	 	26	  	 	 	33	  	 	 	104	  	 	 	27	  	 	 	28	  	 	 	31	  	 	 	30	  	 	 	116	  	
Net investment gains (losses)	  	 	42	  	 	 	2	  	 	 	1	  	 	 	1	  	 	 	46	  	 	 	17	  	 	 	15	  	 	 	(3	) 	 	 	4	  	 	 	33	  	
Insurance and investment product fees and other	  	 	3	  	 	 	—  	  	 	 	1	  	 	 	1	  	 	 	5	  	 	 	2	  	 	 	3	  	 	 	—  	  	 	 	5	  	 	 	10	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	201	  	 	 	171	  	 	 	170	  	 	 	177	  	 	 	719	  	 	 	197	  	 	 	195	  	 	 	181	  	 	 	181	  	 	 	754	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	269	  	 	 	251	  	 	 	526	  	 	 	279	  	 	 	1,325	  	 	 	688	  	 	 	391	  	 	 	216	  	 	 	196	  	 	 	1,491	  	
Acquisition and operating expenses, net of deferrals	  	 	30	  	 	 	37	  	 	 	35	  	 	 	34	  	 	 	136	  	 	 	36	  	 	 	28	  	 	 	33	  	 	 	34	  	 	 	131	  	
Amortization of deferred acquisition costs and intangibles	  	 	4	  	 	 	4	  	 	 	4	  	 	 	4	  	 	 	16	  	 	 	6	  	 	 	6	  	 	 	4	  	 	 	3	  	 	 	19	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	303	  	 	 	292	  	 	 	565	  	 	 	317	  	 	 	1,477	  	 	 	730	  	 	 	425	  	 	 	253	  	 	 	233	  	 	 	1,641	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LOSS BEFORE INCOME TAXES	  	 	(102	) 	 	 	(121	) 	 	 	(395	) 	 	 	(140	) 	 	 	(758	) 	 	 	(533	) 	 	 	(230	) 	 	 	(72	) 	 	 	(52	) 	 	 	(887	) 	
Benefit for income taxes	  	 	(35	) 	 	 	(44	) 	 	 	(143	) 	 	 	(59	) 	 	 	(281	) 	 	 	(191	) 	 	 	(89	) 	 	 	(29	) 	 	 	(19	) 	 	 	(328	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET LOSS	  	 	(67	) 	 	 	(77	) 	 	 	(252	) 	 	 	(81	) 	 	 	(477	) 	 	 	(342	) 	 	 	(141	) 	 	 	(43	) 	 	 	(33	) 	 	 	(559	) 	
ADJUSTMENT TO NET LOSS:	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	(27	) 	 	 	(2	) 	 	 	(1	) 	 	 	—  	  	 	 	(30	) 	 	 	(10	) 	 	 	(11	) 	 	 	3	  	 	 	(3	) 	 	 	(21	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING LOSS	  	$	(94	) 	 	$	(79	) 	 	$	(253	) 	 	$	(81	) 	 	$	(507	) 	 	$	(352	) 	 	$	(152	) 	 	$	(40	) 	 	$	(36	) 	 	$	(580	) 	

Effective tax rate (operating loss)	  	 	34.4	% 	 	 	36.7	% 	 	 	36.0	% 	 	 	42.4	% 	 	 	37.0	% 	 	 	35.9	% 	 	 	38.2	% 	 	 	40.8	% 	 	 	36.5	% 	 	 	36.9	% 	
											
SALES:	  				 				 				 				 				 				 				 				 				 				
New Insurance Written (NIW)	  				 				 				 				 				 				 				 				 				 				
Flow	  	$	3,200	  	 	$	2,700	  	 	$	1,900	  	 	$	2,000	  	 	$	9,800	  	 	$	2,600	  	 	$	2,400	  	 	$	2,100	  	 	$	1,500	  	 	$	8,600	  	
Bulk	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	400	  	 	 	400	  	 	 	600	  	 	 	300	  	 	 	100	  	 	 	200	  	 	 	1,200	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total U.S. Mortgage Insurance NIW	  	$	3,200	  	 	$	2,700	  	 	$	1,900	  	 	$	2,400	  	 	$	10,200	  	 	$	3,200	  	 	$	2,700	  	 	$	2,200	  	 	$	1,700	  	 	$	9,800	  	

 
47

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Other Metrics—U.S. Mortgage Insurance Segment
(dollar amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Net Premiums Written	 	$	143	  	 	$	143	  	 	$	145	  	 	$	142	  	 	$	573	  	 	$	151	  	 	$	148	  	 	$	152	  	 	$	142	  	 	$	593	  	
New Risk Written	 			 	 				 				 				 				 				 				 				 				 				
Flow	 	$	710	  	 	$	653	  	 	$	461	  	 	$	439	  	 	$	2,263	  	 	$	565	  	 	$	552	  	 	$	480	  	 	$	335	  	 	$	1,932	  	
Bulk	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	27	  	 	 	28	  	 	 	36	  	 	 	16	  	 	 	5	  	 	 	8	  	 	 	65	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Primary	 	 	711	  	 	 	653	  	 	 	461	  	 	 	466	  	 	 	2,291	  	 	 	601	  	 	 	568	  	 	 	485	  	 	 	343	  	 	 	1,997	  	
Pool	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total New Risk Written	 	$	711	  	 	$	653	  	 	$	461	  	 	$	466	  	 	$	2,291	  	 	$	601	  	 	$	568	  	 	$	485	  	 	$	343	  	 	$	1,997	  	

Primary Insurance In-Force	 	$	116,500	  	 	$	119,200	  	 	$	120,900	  	 	$	123,300	  	 				 	$	125,900	  	 	$	129,100	  	 	$	131,900	  	 	$	134,800	  	 				
	 										
Risk In-Force	 			 	 				 				 				 				 				 				 				 				 				
Flow	 	$	26,660	  	 	$	27,206	  	 	$	27,489	  	 	$	27,984	  	 				 	$	28,498	  	 	$	29,199	  	 	$	29,836	  	 	$	30,206	  	 				
Bulk	 	 	520	  	 	 	534	  	 	 	540	  	 	 	559	  	 				 	 	539	  	 	 	519	  	 	 	509	  	 	 	523	  	 				
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Primary	 	 	27,180	  	 	 	27,740	  	 	 	28,029	  	 	 	28,543	  	 				 	 	29,037	  	 	 	29,718	  	 	 	30,345	  	 	 	30,729	  	 				
Pool	 	 	249	  	 	 	271	  	 	 	278	  	 	 	288	  	 				 	 	297	  	 	 	308	  	 	 	314	  	 	 	322	  	 				
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Risk In-Force	 	$	27,429	  	 	$	28,011	  	 	$	28,307	  	 	$	28,831	  	 				 	$	29,334	  	 	$	30,026	  	 	$	30,659	  	 	$	31,051	  	 				

Primary Risk In-Force Subject To Captives	 	 	33	% 	 	 	36	% 	 	 	38	% 	 	 	41	% 	 				 	 	43	% 	 	 	45	% 	 	 	47	% 	 	 	48	% 	 				
	 										
Primary Risk In-Force That Is GSE Conforming	 	 	96	% 	 	 	96	% 	 	 	96	% 	 	 	96	% 	 				 	 	96	% 	 	 	96	% 	 	 	96	% 	 	 	96	% 	 				
	 										
GAAP Basis Expense Ratio (1) 	 	 	24	% 	 	 	30	% 	 	 	27	% 	 	 	27	% 	 	 	27	% 	 	 	28	% 	 	 	22	% 	 	 	25	% 	 	 	26	% 	 	 	25	% 	
	 										
Adjusted Expense Ratio (2) 	 	 	24	% 	 	 	29	% 	 	 	27	% 	 	 	27	% 	 	 	27	% 	 	 	28	% 	 	 	23	% 	 	 	25	% 	 	 	26	% 	 	 	25	% 	
	 										
Flow Persistency	 	 	81	% 	 	 	86	% 	 	 	86	% 	 	 	86	% 	 				 	 	82	% 	 	 	84	% 	 	 	88	% 	 	 	86	% 	 				
	 										
Gross Written Premiums Ceded To Captives/Total Direct Written Premiums	 	 	13	% 	 	 	14	% 	 	 	15	% 	 	 	17	% 	 				 	 	18	% 	 	 	19	% 	 	 	18	% 	 	 	20	% 	 				
	 										
Risk To Capital Ratio (3) 	 	 	28.8:1	  	 	 	27.5:1	  	 	 	25.0:1	  	 	 	25.0:1	  	 				 	 	21.9:1	  	 	 	17.8:1	  	 	 	15.1:1	  	 	 	14.9:1	  	 				
	 										
Average Primary Loan Size (in thousands)	 	$	163	  	 	$	163	  	 	$	162	  	 	$	162	  	 				 	$	161	  	 	$	161	  	 	$	161	  	 	$	160	  	 				
	 										
Estimated Savings For Loss Mitigation Activities (4) 	 	$	147	  	 	$	168	  	 	$	130	  	 	$	122	  	 	$	567	  	 	$	126	  	 	$	158	  	 	$	217	  	 	$	233	  	 	$	734	  	
The expense ratios included above were calculated using whole dollars and may be different than the ratios calculated using the rounded numbers included herein.

(1)  	The ratio of an insurer’s general expenses to net earned premiums. In the business, general expenses consist of acquisition and operating expenses, net of deferrals and amortization of DAC and intangibles.	
(2)  	The ratio of an insurer’s general expenses to net written premiums. In the business, general expenses consist of acquisition and operating expenses, net of deferrals and amortization of DAC and intangibles.	
(3)  	Certain states limit a private mortgage insurer’s risk in-force to 25 times the total of the insurer’s policyholders’ surplus plus the statutory contingency reserve, commonly known as the “risk to capital” requirement. The U.S. mortgage insurance business maintains new business writing flexibility in all states, supported by risk-to-capital waivers or existing authority to write new business in 44 states in its primary writing entity, with the remaining six states written out of other available entities. The current period risk to capital ratio is an estimate due to the timing of the filing of statutory statements and is prepared consistent with the presentation of the statutory financial statements in the combined annual statement of the U.S. mortgage insurance business.	
(4)  	Loss mitigation activities include rescissions, cancellations, borrower loan modifications, repayment plans, lender- and borrower-titled pre-sales, claims administration and other loan workouts. Estimated savings for rescissions represent the reduction in carried loss reserves, net of premium refunds and reinstatement of prior rescissions. Estimated savings for loan modifications and other cure related loss mitigation actions represent the reduction in carried loss reserves. For non-cure related actions, including pre-sales, the estimated savings represent the difference between the full claim obligation and the actual amount paid.	
 
48

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Loss Metrics—U.S. Mortgage Insurance Segment
(dollar amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Paid Claims	  			 	  				 				 				 				 				 				 				 				 				
Flow	  			 	  				 				 				 				 				 				 				 				 				
Direct	  	$	240	  	  	$	256	  	 	$	239	  	 	$	315	  	 	$	1,050	  	 	$	386	  	 	$	369	  	 	$	237	  	 	$	244	  	 	$	1,236	  	
Assumed (1)	  	 	26	  	  	 	25	  	 	 	32	  	 	 	30	  	 	 	113	  	 	 	34	  	 	 	34	  	 	 	28	  	 	 	30	  	 	 	126	  	
Ceded	  	 	(45	) 	  	 	(39	) 	 	 	(83	) 	 	 	(109	) 	 	 	(276	) 	 	 	(170	) 	 	 	(196	) 	 	 	(99	) 	 	 	(75	) 	 	 	(540	) 	
Loss adjustment expenses	  	 	10	  	  	 	11	  	 	 	11	  	 	 	13	  	 	 	45	  	 	 	13	  	 	 	17	  	 	 	21	  	 	 	20	  	 	 	71	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Flow	  	 	231	  	  	 	253	  	 	 	199	  	 	$	249	  	 	 	932	  	 	 	263	  	 	 	224	  	 	 	187	  	 	 	219	  	 	 	893	  	
Bulk	  	 	6	  	  	 	(2	) 	 	 	3	  	 	 	3	  	 	 	10	  	 	 	4	  	 	 	19	  	 	 	48	  	 	 	209	  	 	 	280	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Primary	  	 	237	  	  	 	251	  	 	 	202	  	 	 	252	  	 	 	942	  	 	 	267	  	 	 	243	  	 	 	235	  	 	 	428	  	 	 	1,173	  	
Pool	  	 	1	  	  	 	1	  	 	 	1	  	 	 	1	  	 	 	4	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	2	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Paid Claims	  	$	238	  	  	$	252	  	 	$	203	  	 	$	253	  	 	$	946	  	 	$	268	  	 	$	243	  	 	$ 	236 	(7)  	 	$ 	428 	(9)  	 	$	1,175	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Average Paid Claim (in thousands)	  	$	41.0	  	  	$	46.9	  	 	$	40.8	  	 	$	39.7	  	 				 	$	34.2	  	 	$	32.8	  	 	$ 	42.6 	(8)  	 	$ 	84.7 	(10)  	 				
Average Direct Paid Claim (in thousands) (2) 	  	$	43.2	  	  	$	49.1	  	 	$	49.7	  	 	$	50.8	  	 				 	$	51.1	  	 	$	51.2	  	 	$	49.3	  	 	$	49.6	  	 				
Average Reserve Per Delinquency (in thousands)	  			 	  				 				 				 				 				 				 				 				 				
Flow	  	$	29.1	  	  	$	28.8	  	 	$	29.2	  	 	$	25.4	  	 				 	$	24.3	  	 	$	20.4	  	 	$	19.5	  	 	$	19.2	  	 				
Bulk loans with established reserve	  	 	24.2	  	  	 	24.0	  	 	 	23.7	  	 	 	19.9	  	 				 	 	20.6	  	 	 	15.7	  	 	 	12.8	  	 	 	21.7	  	 				
Bulk loans with no reserve (3)	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 				 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 				
Reserves:	  			 	  				 				 				 				 				 				 				 				 				
Flow direct case	  	$	2,199	  	  	$	2,227	  	 	$	2,256	  	 	$	1,995	  	 				 	$	2,048	  	 	$	1,736	  	 	$	1,666	  	 	$	1,724	  	 				
Bulk direct case	  	 	36	  	  	 	36	  	 	 	35	  	 	 	34	  	 				 	 	33	  	 	 	23	  	 	 	18	  	 	 	42	  	 				
Assumed (1)	  	 	60	  	  	 	64	  	 	 	64	  	 	 	67	  	 				 	 	72	  	 	 	73	  	 	 	73	  	 	 	67	  	 				
All other (4)	  	 	193	  	  	 	159	  	 	 	151	  	 	 	124	  	 				 	 	129	  	 	 	141	  	 	 	195	  	 	 	183	  	 				
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Reserves	  	$	2,488	  	  	$	2,486	  	 	$	2,506	  	 	$	2,220	  	 				 	$	2,282	  	 	$	1,973	  	 	$	1,952	  	 	$	2,016	  	 				
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Beginning Reserves	  	$	2,486	  	  	$	2,506	  	 	$	2,220	  	 	$	2,282	  	 	$	2,282	  	 	$	1,973	  	 	$	1,952	  	 	$	2,016	  	 	$	2,289	  	 	$	2,289	  	
Paid claims	  	 	(282	) 	  	 	(292	) 	 	 	(286	) 	 	 	(362	) 	 	 	(1,222	) 	 	 	(438	) 	 	 	(439	) 	 	 	(335 	) (7)  	 	 	(503 	) (9)  	 	 	(1,715	) 	
Increase in reserves	  	 	284	  	  	 	272	  	 	 	572	  	 	 	300	  	 	 	1,428	  	 	 	747	  	 	 	460	  	 	 	271 	(7)  	 	 	230 	(9)  	 	 	1,708	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Ending Reserves	  	$	2,488	  	  	$	2,486	  	 	$	2,506	  	 	$	2,220	  	 	$	2,488	  	 	$	2,282	  	 	$	1,973	  	 	$	1,952	  	 	$	2,016	  	 	$	2,282	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Beginning Reinsurance Recoverable (5) 	  	$	207	  	  	$	226	  	 	$	264	  	 	$	351	  	 	$	351	  	 	$	463	  	 	$	591	  	 	$	634	  	 	$	674	  	 	$	674	  	
Ceded paid claims	  	 	(44	) 	  	 	(40	) 	 	 	(83	) 	 	 	(109	) 	 	 	(276	) 	 	 	(170	) 	 	 	(196	) 	 	 	(99	) 	 	 	(75	) 	 	 	(540	) 	
Increase in recoverable	  	 	15	  	  	 	21	  	 	 	45	  	 	 	22	  	 	 	103	  	 	 	58	  	 	 	68	  	 	 	56	  	 	 	35	  	 	 	217	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Ending Reinsurance Recoverable	  	$	178	  	  	$	207	  	 	$	226	  	 	$	264	  	 	$	178	  	 	$	351	  	 	$	463	  	 	$	591	  	 	$	634	  	 	$	351	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Loss Ratio (6) 	  	 	189	% 	  	 	181	% 	 	 	369	% 	 	 	197	% 	 	 	234	% 	 	 	457	% 	 	 	263	% 	 	 	141	% 	 	 	138	% 	 	 	251	% 	
The loss ratio included above was calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein.

(1)  	Assumed is comprised of reinsurance arrangements with state governmental housing finance agencies.	
(2)  	Average direct paid claim excludes loss adjustment expenses, the impact of reinsurance and negotiated servicer and GSE settlements.	
(3)  	Reserves were not established on loans where the company was in a secondary loss position due to an existing deductible and the company believes currently have no risk for claim.	
(4)  	Other includes loss adjustment expenses, pool and incurred but not reported reserves.	
(5)  	Reinsurance recoverable excludes ceded unearned premium recoveries and amounts for which cash proceeds have not yet been received.	
(6)  	The ratio of incurred losses and loss adjustment expense to net earned premiums. Excluding the GSE Alt-A business settlements in the first and second quarters of 2010, the loss ratio was 253% for the twelve months ended December 31, 2010 and 144% and 141% for the three months ended June 30, 2010 and March 31, 2010, respectively.	
(7)  	Net paid claims and change in reserves include the impact of settlements that the company reached during the second quarter of 2010 with a GSE counterparty regarding certain bulk Alt-A business and with a servicer regarding rescissions.	
(8)  	Excluding the GSE Alt-A business and the servicer settlements in the second quarter of 2010, the average paid claim was approximately $45,800 in the second quarter of 2010.	
(9)  	In the first quarter of 2010, the company reached a settlement with a GSE counterparty regarding certain bulk Alt-A business. Net paid claims included $180 million and the change in reserves included a decrease of $185 million related to this settlement.	
(10)  	Excluding the GSE Alt-A business settlement in the first quarter of 2010, the average paid claim was approximately $49,100 in the first quarter of 2010.	
 
49

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Delinquency Metrics—U.S. Mortgage Insurance Segment
(dollar amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Number of Primary Delinquencies	 			 	 				 				 				 				 				 				 				 				 				
Flow	 	 	83,931	  	 	 	84,910	  	 	 	84,442	  	 	 	85,758	  	 				 	 	92,225	  	 	 	95,567	  	 	 	98,771	  	 	 	102,389	  	 				
Bulk loans with an established reserve	 	 	1,592	  	 	 	1,604	  	 	 	1,569	  	 	 	1,814	  	 				 	 	1,713	  	 	 	1,607	  	 	 	1,510	  	 	 	2,155	  	 				
Bulk loans with no reserve (1)	 	 	1,484	  	 	 	1,506	  	 	 	1,453	  	 	 	1,446	  	 				 	 	1,457	  	 	 	1,439	  	 	 	1,478	  	 	 	2,560	  	 				
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Number of Primary Delinquencies	 	 	87,007	  	 	 	88,020	  	 	 	87,464	  	 	 	89,018	  	 				 	 	95,395	  	 	 	98,613	  	 	 	101,759	  	 	 	107,104	  	 				

Beginning Number of Primary Delinquencies	 	 	88,020	  	 	 	87,464	  	 	 	89,018	  	 	 	95,395	  	 	 	95,395	  	 	 	98,613	  	 	 	101,759	  	 	 	107,104	  	 	 	122,279	  	 	 	122,279	  	
New delinquencies	 	 	22,094	  	 	 	23,493	  	 	 	21,272	  	 	 	23,866	  	 	 	90,725	  	 	 	25,771	  	 	 	27,180	  	 	 	26,034	  	 	 	31,126	  	 	 	110,111	  	
Delinquency cures	 	 	(17,357	) 	 	 	(17,595	) 	 	 	(17,908	) 	 	 	(23,908	) 	 	 	(76,768	) 	 	 	(21,199	) 	 	 	(22,923	) 	 	 	(25,868	) 	 	 	(41,272 	) (2)  	 	 	(111,262	) 	
Paid claims	 	 	(5,750	) 	 	 	(5,342	) 	 	 	(4,918	) 	 	 	(6,335	) 	 	 	(22,345	) 	 	 	(7,790	) 	 	 	(7,403	) 	 	 	(5,511	) 	 	 	(5,029	) 	 	 	(25,733	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Ending Number of Primary Delinquencies	 	 	87,007	  	 	 	88,020	  	 	 	87,464	  	 	 	89,018	  	 	 	87,007	  	 	 	95,395	  	 	 	98,613	  	 	 	101,759	  	 	 	107,104	  	 	 	95,395	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Composition of Cures	 			 	 				 				 				 				 				 				 				 				 				
Reported delinquent and cured-intraquarter	 	 	2,851	  	 	 	3,181	  	 	 	2,670	  	 	 	5,195	  	 				 	 	2,525	  	 	 	1,914	  	 	 	2,462	  	 	 	4,704	  	 				
Number of missed payments delinquent prior to cure:	 			 	 				 				 				 				 				 				 				 				 				
3 payments or less	 	 	8,835	  	 	 	8,520	  	 	 	8,953	  	 	 	11,454	  	 				 	 	10,365	  	 	 	10,393	  	 	 	11,845	  	 	 	15,423	  	 				
4 - 11 payments	 	 	3,408	  	 	 	3,584	  	 	 	4,146	  	 	 	5,183	  	 				 	 	5,763	  	 	 	7,691	  	 	 	8,883	  	 	 	15,189	  	 				
12 payments or more	 	 	2,263	  	 	 	2,310	  	 	 	2,139	  	 	 	2,076	  	 				 	 	2,546	  	 	 	2,925	  	 	 	2,678	  	 	 	5,956	  	 				
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total	 	 	17,357	  	 	 	17,595	  	 	 	17,908	  	 	 	23,908	  	 				 	 	21,199	  	 	 	22,923	  	 	 	25,868	  	 	 	41,272 	(2)  	 				
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Primary Delinquencies by Missed Payment Status	 			 	 				 				 				 				 				 				 				 				 				
3 payments or less	 	 	22,165	  	 	 	22,444	  	 	 	21,125	  	 	 	20,920	  	 				 	 	25,131	  	 	 	26,292	  	 	 	26,374	  	 	 	28,646	  	 				
4 - 11 payments	 	 	25,334	  	 	 	25,055	  	 	 	26,969	  	 	 	31,070	  	 				 	 	34,639	  	 	 	37,180	  	 	 	42,993	  	 	 	49,663	  	 				
12 payments or more	 	 	39,508	  	 	 	40,521	  	 	 	39,370	  	 	 	37,028	  	 				 	 	35,625	  	 	 	35,141	  	 	 	32,392	  	 	 	28,795	  	 				
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Primary Delinquencies	 	 	87,007	  	 	 	88,020	  	 	 	87,464	  	 	 	89,018	  	 				 	 	95,395	  	 	 	98,613	  	 	 	101,759	  	 	 	107,104	  	 				

 	 	December 31, 2011	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Flow Delinquencies and Percentage
Reserved by Payment Status	 	Delinquencies	 	 	Direct Case
Reserves (3) 	 	 	Risk In-Force	 	 	Reserves as % of
Risk In-Force	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
3 payments or less in default	 	 	21,272	  	 	$	193	  	 	$	835	  	 	 	23	% 	 				 				 				 				 				 				
4 - 11 payments in default	 	 	24,493	  	 	 	646	  	 	 	1,075	  	 	 	60	% 	 				 				 				 				 				 				
12 payments or more in default	 	 	38,166	  	 	 	1,360	  	 	 	1,870	  	 	 	73	% 	 				 				 				 				 				 				
	 	 	 	 	 	 	 	 	 	 	 	 	 				 				 				 				 				 				 				
Total	 	 	83,931	  	 	$	2,199	  	 	$	3,780	  	 	 	58	% 	 				 				 				 				 				 				
	 	 	 	 	 	 	 	 	 	 	 	 	 				 				 				 				 				 				 				
 	 	December 31, 2010	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Flow Delinquencies and Percentage
Reserved by Payment Status	 	Delinquencies	 	 	Direct Case
Reserves (3) 	 	 	Risk In-Force	 	 	Reserves as % of
Risk In-Force	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
3 payments or less in default	 	 	24,104	  	 	$	152	  	 	$	959	  	 	 	16	% 	 				 				 				 				 				 				
4 - 11 payments in default	 	 	33,635	  	 	 	754	  	 	 	1,546	  	 	 	49	% 	 				 				 				 				 				 				
12 payments or more in default	 	 	34,486	  	 	 	1,142	  	 	 	1,757	  	 	 	65	% 	 				 				 				 				 				 				
	 	 	 	 	 	 	 	 	 	 	 	 	 				 				 				 				 				 				 				
Total	 	 	92,225	  	 	$	2,048	  	 	$	4,262	  	 	 	48	% 	 				 				 				 				 				 				

(1)  	Reserves were not established on loans where the company was in a secondary loss position due to an existing deductible and the company believes currently have no risk for claim.	
(2)  	In the first quarter of 2010, the company reached a settlement with a GSE counterparty regarding certain bulk Alt-A business. Delinquency cures included approximately 10,100 cures related to this settlement.	
(3)  	Direct flow case reserves exclude loss adjustment expenses, incurred but not reported and reinsurance reserves.	
 
50

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	
Risk In-Force by Credit Quality (1) 	  			 	  				 				 				 				 				 				 				
Primary by FICO Scores >679	  	 	67	% 	  	 	67	% 	 	 	67	% 	 	 	66	% 	 	 	66	% 	 	 	65	% 	 	 	65	% 	 	 	64	% 	
Primary by FICO Scores 620-679	  	 	26	% 	  	 	26	% 	 	 	26	% 	 	 	27	% 	 	 	27	% 	 	 	27	% 	 	 	27	% 	 	 	28	% 	
Primary by FICO Scores 575-619	  	 	5	% 	  	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	6	% 	 	 	6	% 	 	 	6	% 	
Primary by FICO Scores <575	  	 	2	% 	  	 	2	% 	 	 	2	% 	 	 	2	% 	 	 	2	% 	 	 	2	% 	 	 	2	% 	 	 	2	% 	
	 								
Flow by FICO Scores >679	  	 	67	% 	  	 	67	% 	 	 	66	% 	 	 	66	% 	 	 	66	% 	 	 	65	% 	 	 	65	% 	 	 	64	% 	
Flow by FICO Scores 620-679	  	 	26	% 	  	 	26	% 	 	 	27	% 	 	 	27	% 	 	 	27	% 	 	 	27	% 	 	 	27	% 	 	 	28	% 	
Flow by FICO Scores 575-619	  	 	5	% 	  	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	6	% 	 	 	6	% 	 	 	6	% 	
Flow by FICO Scores <575	  	 	2	% 	  	 	2	% 	 	 	2	% 	 	 	2	% 	 	 	2	% 	 	 	2	% 	 	 	2	% 	 	 	2	% 	
	 								
Bulk by FICO Scores >679	  	 	89	% 	  	 	89	% 	 	 	89	% 	 	 	89	% 	 	 	89	% 	 	 	88	% 	 	 	88	% 	 	 	87	% 	
Bulk by FICO Scores 620-679	  	 	9	% 	  	 	9	% 	 	 	9	% 	 	 	9	% 	 	 	9	% 	 	 	10	% 	 	 	10	% 	 	 	11	% 	
Bulk by FICO Scores 575-619	  	 	1	% 	  	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	
Bulk by FICO Scores <575	  	 	1	% 	  	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	
	 								
Primary A minus	  	 	5	% 	  	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	
Primary sub-prime (2)	  	 	5	% 	  	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	
	 								
Primary Loans	  			 	  				 				 				 				 				 				 				
Primary loans in-force	  	 	714,467	  	  	 	733,383	  	 	 	746,740	  	 	 	763,439	  	 	 	781,024	  	 	 	802,090	  	 	 	821,617	  	 	 	840,618	  	
Primary delinquent loans	  	 	87,007	  	  	 	88,020	  	 	 	87,464	  	 	 	89,018	  	 	 	95,395	  	 	 	98,613	  	 	 	101,759	  	 	 	107,104	  	
Primary delinquency rate	  	 	12.18	% 	  	 	12.00	% 	 	 	11.71	% 	 	 	11.66	% 	 	 	12.21	% 	 	 	12.29	% 	 	 	12.39	% 	 	 	12.74	% 	
	 								
Flow loans in-force	  	 	633,246	  	  	 	648,242	  	 	 	658,251	  	 	 	673,276	  	 	 	687,964	  	 	 	705,754	  	 	 	723,301	  	 	 	735,564	  	
Flow delinquent loans	  	 	83,931	  	  	 	84,910	  	 	 	84,442	  	 	 	85,758	  	 	 	92,225	  	 	 	95,567	  	 	 	98,771	  	 	 	102,389	  	
Flow delinquency rate	  	 	13.25	% 	  	 	13.10	% 	 	 	12.83	% 	 	 	12.74	% 	 	 	13.41	% 	 	 	13.54	% 	 	 	13.66	% 	 	 	13.92	% 	
	 								
Bulk loans in-force	  	 	81,221	  	  	 	85,141	  	 	 	88,489	  	 	 	90,163	  	 	 	93,060	  	 	 	96,336	  	 	 	98,316	  	 	 	105,054	  	
Bulk delinquent loans	  	 	3,076	  	  	 	3,110	  	 	 	3,022	  	 	 	3,260	  	 	 	3,170	  	 	 	3,046	  	 	 	2,988	  	 	 	4,715	  	
Bulk delinquency rate	  	 	3.79	% 	  	 	3.65	% 	 	 	3.42	% 	 	 	3.62	% 	 	 	3.41	% 	 	 	3.16	% 	 	 	3.04	% 	 	 	4.49	% 	
	 								
A minus and sub-prime loans in-force	  	 	68,487	  	  	 	71,097	  	 	 	73,211	  	 	 	75,421	  	 	 	77,822	  	 	 	80,774	  	 	 	83,859	  	 	 	86,185	  	
A minus and sub-prime delinquent loans	  	 	19,884	  	  	 	20,347	  	 	 	20,284	  	 	 	20,656	  	 	 	22,827	  	 	 	23,882	  	 	 	24,867	  	 	 	26,387	  	
A minus and sub-prime delinquency rate	  	 	29.03	% 	  	 	28.62	% 	 	 	27.71	% 	 	 	27.39	% 	 	 	29.33	% 	 	 	29.57	% 	 	 	29.65	% 	 	 	30.62	% 	
	 								
Pool Loans	  			 	  				 				 				 				 				 				 				
Pool loans in-force	  	 	14,418	  	  	 	16,574	  	 	 	16,943	  	 	 	17,421	  	 	 	17,880	  	 	 	18,759	  	 	 	19,473	  	 	 	19,907	  	
Pool delinquent loans	  	 	778	  	  	 	957	  	 	 	931	  	 	 	913	  	 	 	989	  	 	 	939	  	 	 	831	  	 	 	783	  	
Pool delinquency rate	  	 	5.40	% 	  	 	5.77	% 	 	 	5.49	% 	 	 	5.24	% 	 	 	5.53	% 	 	 	5.01	% 	 	 	4.27	% 	 	 	3.93	% 	

(1)  	Loans with unknown FICO scores are included in the 620-679 category.	
(2)  	Excludes loans classified as A minus.	
 
51

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

 	 	December 31, 2011	 	 	September 30, 2011	 	 	December 31, 2010	 	
 	 	% of Total
Reserves (1) 	 	 	% of Primary
Risk In-Force	 	 	Primary
Delinquency
Rate	 	 	% of Total
Reserves (1) 	 	 	% of Primary
Risk In-
Force	 	 	Primary
Delinquency
Rate	 	 	% of Total
Reserves (1) 	 	 	% of Primary
Risk In-Force	 	 	Primary
Delinquency
Rate	 	
By Region	 				 				 				 				 				 				 				 				 				
Southeast (2)	 	 	35	% 	 	 	22	% 	 	 	17.10	% 	 	 	35	% 	 	 	22	% 	 	 	16.80	% 	 	 	34	% 	 	 	23	% 	 	 	16.79	% 	
South Central (3)	 	 	11	  	 	 	16	  	 	 	10.15	% 	 	 	11	  	 	 	16	  	 	 	9.95	% 	 	 	14	  	 	 	16	  	 	 	11.00	% 	
Northeast (4)	 	 	12	  	 	 	14	  	 	 	12.80	% 	 	 	12	  	 	 	14	  	 	 	12.30	% 	 	 	10	  	 	 	14	  	 	 	11.66	% 	
North Central (5)	 	 	12	  	 	 	12	  	 	 	11.89	% 	 	 	12	  	 	 	12	  	 	 	11.79	% 	 	 	12	  	 	 	11	  	 	 	11.51	% 	
Pacific (6)	 	 	13	  	 	 	11	  	 	 	12.52	% 	 	 	13	  	 	 	11	  	 	 	12.99	% 	 	 	14	  	 	 	11	  	 	 	14.39	% 	
Great Lakes (7)	 	 	7	  	 	 	9	  	 	 	9.00	% 	 	 	7	  	 	 	9	  	 	 	8.83	% 	 	 	7	  	 	 	9	  	 	 	8.92	% 	
Plains (8)	 	 	3	  	 	 	6	  	 	 	7.87	% 	 	 	3	  	 	 	6	  	 	 	7.80	% 	 	 	3	  	 	 	6	  	 	 	8.14	% 	
New England (9)	 	 	3	  	 	 	5	  	 	 	10.59	% 	 	 	3	  	 	 	5	  	 	 	10.81	% 	 	 	3	  	 	 	5	  	 	 	10.71	% 	
Mid-Atlantic (10)	 	 	4	  	 	 	5	  	 	 	10.73	% 	 	 	4	  	 	 	5	  	 	 	10.37	% 	 	 	3	  	 	 	5	  	 	 	10.67	% 	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total	 	 	100	% 	 	 	100	% 	 	 	12.18	% 	 	 	100	% 	 	 	100	% 	 	 	12.00	% 	 	 	100	% 	 	 	100	% 	 	 	12.21	% 	

By State	 				 				 				 				 				 				 				 				 				
Florida	 	 	24	% 	 	 	7	% 	 	 	29.30	% 	 	 	24	% 	 	 	7	% 	 	 	28.93	% 	 	 	23	% 	 	 	8	% 	 	 	28.31	% 	
Texas	 	 	3	% 	 	 	7	% 	 	 	8.34	% 	 	 	3	% 	 	 	7	% 	 	 	7.84	% 	 	 	3	% 	 	 	7	% 	 	 	8.71	% 	
New York	 	 	5	% 	 	 	7	% 	 	 	10.66	% 	 	 	5	% 	 	 	7	% 	 	 	10.28	% 	 	 	4	% 	 	 	7	% 	 	 	9.76	% 	
California	 	 	6	% 	 	 	6	% 	 	 	10.86	% 	 	 	6	% 	 	 	6	% 	 	 	11.62	% 	 	 	7	% 	 	 	5	% 	 	 	13.99	% 	
Illinois	 	 	8	% 	 	 	5	% 	 	 	16.70	% 	 	 	7	% 	 	 	5	% 	 	 	16.54	% 	 	 	7	% 	 	 	5	% 	 	 	15.79	% 	
Georgia	 	 	4	% 	 	 	4	% 	 	 	14.79	% 	 	 	4	% 	 	 	4	% 	 	 	14.76	% 	 	 	4	% 	 	 	4	% 	 	 	16.16	% 	
North Carolina	 	 	3	% 	 	 	4	% 	 	 	11.89	% 	 	 	3	% 	 	 	4	% 	 	 	11.55	% 	 	 	2	% 	 	 	4	% 	 	 	11.23	% 	
New Jersey	 	 	5	% 	 	 	4	% 	 	 	19.07	% 	 	 	5	% 	 	 	4	% 	 	 	18.20	% 	 	 	4	% 	 	 	4	% 	 	 	17.30	% 	
Pennsylvania	 	 	2	% 	 	 	4	% 	 	 	11.85	% 	 	 	2	% 	 	 	4	% 	 	 	11.47	% 	 	 	2	% 	 	 	4	% 	 	 	10.94	% 	
Ohio	 	 	2	% 	 	 	3	% 	 	 	8.73	% 	 	 	2	% 	 	 	3	% 	 	 	8.39	% 	 	 	2	% 	 	 	3	% 	 	 	8.19	% 	

(1)  	Total reserves were $2,488 million, $2,486 million and $2,282 million as of December 31, 2011, September 30, 2011 and December 31, 2010, respectively.	
(2)  	Alabama, Arkansas, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee.	
(3)  	Arizona, Colorado, Louisiana, New Mexico, Oklahoma, Texas and Utah.	
(4)  	New Jersey, New York and Pennsylvania.	
(5)  	Illinois, Minnesota, Missouri and Wisconsin.	
(6)  	Alaska, California, Hawaii, Nevada, Oregon and Washington.	
(7)  	Indiana, Kentucky, Michigan and Ohio.	
(8)  	Idaho, Iowa, Kansas, Montana, Nebraska, North Dakota, South Dakota and Wyoming.	
(9)  	Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.	
(10)  	Delaware, Maryland, Virginia, Washington D.C. and West Virginia.	
 
52

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment
(amounts in millions)

Primary Risk In-Force:	  	December 31, 2011	 	  	% of
Total	 	 	September 30, 2011	 	  	% of
Total	 	 	December 31, 2010	 	  	% of
Total	 	
Lender concentration (by original applicant)	  	$	27,180	  	  				 	$	27,740	  	  				 	$	29,037	  	  				
Top 10 lenders	  	 	13,355	  	  				 	 	13,774	  	  				 	 	14,647	  	  				
Top 20 lenders	  	 	15,306	  	  				 	 	15,717	  	  				 	 	16,729	  	  				
							
Loan-to-value ratio	  				  				 				  				 				  				
95.01% and above	  	$	6,848	  	  	 	25	% 	 	$	6,960	  	  	 	25	% 	 	$	7,274	  	  	 	25	% 	
90.01% to 95.00%	  	 	9,563	  	  	 	35	  	 	 	9,712	  	  	 	35	  	 	 	10,044	  	  	 	34	  	
80.01% to 90.00%	  	 	10,311	  	  	 	38	  	 	 	10,595	  	  	 	38	  	 	 	11,243	  	  	 	39	  	
80.00% and below	  	 	458	  	  	 	2	  	 	 	473	  	  	 	2	  	 	 	476	  	  	 	2	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total	  	$	27,180	  	  	 	100	% 	 	$	27,740	  	  	 	100	% 	 	$	29,037	  	  	 	100	% 	

Loan grade	  				  				 				  				 				  				
Prime	  	$	24,625	  	  	 	91	% 	 	$	25,087	  	  	 	90	% 	 	$	26,139	  	  	 	90	% 	
A minus and sub-prime	  	 	2,555	  	  	 	9	  	 	 	2,653	  	  	 	10	  	 	 	2,898	  	  	 	10	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total	  	$	27,180	  	  	 	100	% 	 	$	27,740	  	  	 	100	% 	 	$	29,037	  	  	 	100	% 	

Loan type (1)	  				  				 				  				 				  				
First mortgages	  				  				 				  				 				  				
Fixed rate mortgage	  				  				 				  				 				  				
Flow	  	$	26,133	  	  	 	96	% 	 	$	26,657	  	  	 	96	% 	 	$	27,874	  	  	 	96	% 	
Bulk	  	 	500	  	  	 	2	  	 	 	513	  	  	 	2	  	 	 	517	  	  	 	2	  	
Adjustable rate mortgage	  				  				 				  				 				  				
Flow	  	 	527	  	  	 	2	  	 	 	549	  	  	 	2	  	 	 	624	  	  	 	2	  	
Bulk	  	 	20	  	  	 	—  	  	 	 	21	  	  	 	—  	  	 	 	22	  	  	 	—  	  	
Second mortgages	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total	  	$	27,180	  	  	 	100	% 	 	$	27,740	  	  	 	100	% 	 	$	29,037	  	  	 	100	% 	

Type of documentation	  				  				 				  				 				  				
Alt-A	  				  				 				  				 				  				
Flow	  	$	747	  	  	 	3	% 	 	$	777	  	  	 	3	% 	 	$	872	  	  	 	3	% 	
Bulk	  	 	38	  	  	 	—  	  	 	 	39	  	  	 	—  	  	 	 	41	  	  	 	—  	  	
Standard (2)	  				  				 				  				 				  				
Flow	  	 	25,913	  	  	 	95	  	 	 	26,429	  	  	 	95	  	 	 	27,626	  	  	 	95	  	
Bulk	  	 	482	  	  	 	2	  	 	 	495	  	  	 	2	  	 	 	498	  	  	 	2	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total	  	$	27,180	  	  	 	100	% 	 	$	27,740	  	  	 	100	% 	 	$	29,037	  	  	 	100	% 	

Mortgage term	  				  				 				  				 				  				
15 years and under	  	$	534	  	  	 	2	% 	 	$	490	  	  	 	2	% 	 	$	425	  	  	 	1	% 	
More than 15 years	  	 	26,646	  	  	 	98	  	 	 	27,250	  	  	 	98	  	 	 	28,612	  	  	 	99	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total	  	$	27,180	  	  	 	100	% 	 	$	27,740	  	  	 	100	% 	 	$	29,037	  	  	 	100	% 	

(1)  	For loan type in this table, any loan with an interest rate that is fixed for an initial term of five years or more is categorized as a fixed rate mortgage.	
(2)  	Standard includes loans with reduced or different documentation requirements that meet specifications of GSE or other lender proprietary approved underwriting systems, and other reduced documentation programs, with historical and expected delinquency rates at origination consistent with historical and expected delinquency rates of the company’s standard portfolio.	
 
53

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment
(dollar amounts in millions)

 	  	December 31, 2011	 	
Policy Year	  	Average
Rate (1) 	 	 	% of Total
Reserves (2) 	 	 	Primary
Insurance  In-Force	 	  	% of Total	 	 	Primary
Risk  In-Force	 	  	% of Total	 	
2000 and prior	  	 	7.82	% 	 	 	1.3	% 	 	$	1,669	  	  	 	1.4	% 	 	$	426	  	  	 	1.6	% 	
2001	  	 	7.61	% 	 	 	0.7	  	 	 	841	  	  	 	0.7	  	 	 	210	  	  	 	0.8	  	
2002	  	 	6.65	% 	 	 	1.5	  	 	 	1,981	  	  	 	1.7	  	 	 	492	  	  	 	1.8	  	
2003	  	 	5.65	% 	 	 	3.7	  	 	 	8,193	  	  	 	7.0	  	 	 	1,361	  	  	 	5.0	  	
2004	  	 	5.89	% 	 	 	4.4	  	 	 	5,400	  	  	 	4.6	  	 	 	1,234	  	  	 	4.5	  	
2005	  	 	5.98	% 	 	 	12.5	  	 	 	8,957	  	  	 	7.7	  	 	 	2,319	  	  	 	8.5	  	
2006	  	 	6.47	% 	 	 	19.3	  	 	 	12,198	  	  	 	10.5	  	 	 	3,000	  	  	 	11.0	  	
2007	  	 	6.53	% 	 	 	39.7	  	 	 	27,201	  	  	 	23.4	  	 	 	6,712	  	  	 	24.7	  	
2008	  	 	6.12	% 	 	 	16.5	  	 	 	24,748	  	  	 	21.2	  	 	 	6,158	  	  	 	22.7	  	
2009	  	 	5.08	% 	 	 	0.3	  	 	 	7,018	  	  	 	6.0	  	 	 	1,270	  	  	 	4.7	  	
2010	  	 	4.66	% 	 	 	0.1	  	 	 	8,460	  	  	 	7.3	  	 	 	1,767	  	  	 	6.5	  	
2011	  	 	4.43	% 	 	 	—  	  	 	 	9,867	  	  	 	8.5	  	 	 	2,231	  	  	 	8.2	  	
	  				 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total	  	 	5.99	% 	 	 	100.0	% 	 	$	116,533	  	  	 	100.0	% 	 	$	27,180	  	  	 	100.0	% 	

																	
Occupancy and Property Type	  	December 31,
2011	 	 	September 30,
2011	 	 	 	
Occupancy Status % of Primary Risk In-Force	  				 				 		
Primary residence	  	 	93.9	% 	 	 	93.8	% 	 		
Second home	  	 	3.8	  	 	 	3.9	  	 		
Non-owner occupied	  	 	2.3	  	 	 	2.3	  	 		
	  	 	 	 	 	 	 	 	 		
Total	  	 	100.0	% 	 	 	100.0	% 	 		
	  	 	 	 	 	 	 	 	 		
Property Type % of Primary Risk In-Force	  				 				 		
Single family detached	  	 	86.0	% 	 	 	85.9	% 	 		
Condominium and co-operative	  	 	11.3	  	 	 	11.3	  	 		
Multi-family and other	  	 	2.7	  	 	 	2.8	  	 		
	  	 	 	 	 	 	 	 	 		
Total	  	 	100.0	% 	 	 	100.0	% 	 		

(1)  	Average Annual Mortgage Interest Rate	
(2)  	Total reserves were $2,488 million as of December 31, 2011.	
 
54

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment
(amounts in billions)

 	 	FICO > 679	 	 	FICO 620 - 679 (1) 	 	 	FICO < 620	 	 	Total	 	
 	 	2011	 	 	2011	 	 	2011	 	 	2011	 	
Primary Risk In-Force	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	
Total Primary Risk In-Force	 	$	18.4	  	 	$	18.6	  	 	$	18.7	  	 	$	18.9	  	 	$	7.0	  	 	$	7.2	  	 	$	7.3	  	 	$	7.6	  	 	$	1.8	  	 	$	1.9	  	 	$	2.0	  	 	$	2.0	  	 	$	27.2	  	 	$	27.7	  	 	$	28.0	  	 	$	28.5	  	
Delinquency rate (2)	 	 	7.7	% 	 	 	7.5	% 	 	 	7.4	% 	 	 	7.4	% 	 	 	19.7	% 	 	 	19.3	% 	 	 	18.7	% 	 	 	18.5	% 	 	 	29.5	% 	 	 	29.1	% 	 	 	28.1	% 	 	 	27.8	% 	 	 	12.2	% 	 	 	12.0	% 	 	 	11.7	% 	 	 	11.7	% 	
2011 policy year	 	$	2.0	  	 	$	1.4	  	 	$	0.8	  	 	$	0.5	  	 	$	0.2	  	 	$	0.2	  	 	$	0.1	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	2.2	  	 	$	1.6	  	 	$	0.9	  	 	$	0.5	  	
Delinquency rate	 	 	0.1	% 	 	 	—  	% 	 	 	—  	% 	 	 	—  	% 	 	 	0.2	% 	 	 	0.1	% 	 	 	0.1	% 	 	 	—  	% 	 	 	1.6	% 	 	 	1.8	% 	 	 	2.8	% 	 	 	—  	% 	 	 	0.1	% 	 	 	—  	% 	 	 	—  	% 	 	 	—  	% 	
2010 policy year	 	$	1.7	  	 	$	1.7	  	 	$	1.8	  	 	$	1.8	  	 	$	0.1	  	 	$	0.1	  	 	$	0.1	  	 	$	0.1	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	1.8	  	 	$	1.8	  	 	$	1.9	  	 	$	1.9	  	
Delinquency rate	 	 	0.3	% 	 	 	0.2	% 	 	 	0.1	% 	 	 	0.1	% 	 	 	1.1	% 	 	 	0.6	% 	 	 	0.4	% 	 	 	0.3	% 	 	 	4.8	% 	 	 	2.8	% 	 	 	2.8	% 	 	 	1.8	% 	 	 	0.3	% 	 	 	0.2	% 	 	 	0.1	% 	 	 	0.1	% 	
2009 policy year	 	$	1.2	  	 	$	1.2	  	 	$	1.3	  	 	$	1.3	  	 	$	0.1	  	 	$	0.1	  	 	$	0.1	  	 	$	0.1	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	1.3	  	 	$	1.3	  	 	$	1.4	  	 	$	1.4	  	
Delinquency rate	 	 	0.7	% 	 	 	0.6	% 	 	 	0.5	% 	 	 	0.4	% 	 	 	2.8	% 	 	 	2.6	% 	 	 	1.8	% 	 	 	1.8	% 	 	 	6.4	% 	 	 	9.8	% 	 	 	6.6	% 	 	 	5.6	% 	 	 	0.8	% 	 	 	0.7	% 	 	 	0.5	% 	 	 	0.5	% 	
2008 policy year	 	$	4.7	  	 	$	5.0	  	 	$	5.1	  	 	$	5.2	  	 	$	1.3	  	 	$	1.3	  	 	$	1.3	  	 	$	1.4	  	 	$	0.2	  	 	$	0.2	  	 	$	0.3	  	 	$	0.3	  	 	$	6.2	  	 	$	6.5	  	 	$	6.7	  	 	$	6.9	  	
Delinquency rate	 	 	7.3	% 	 	 	6.9	% 	 	 	6.5	% 	 	 	6.3	% 	 	 	16.1	% 	 	 	15.6	% 	 	 	14.9	% 	 	 	14.7	% 	 	 	26.0	% 	 	 	25.2	% 	 	 	24.9	% 	 	 	24.7	% 	 	 	9.8	% 	 	 	9.3	% 	 	 	8.9	% 	 	 	8.7	% 	
2007 policy year	 	$	3.8	  	 	$	3.9	  	 	$	4.0	  	 	$	4.2	  	 	$	2.2	  	 	$	2.3	  	 	$	2.3	  	 	$	2.4	  	 	$	0.7	  	 	$	0.8	  	 	$	0.8	  	 	$	0.8	  	 	$	6.7	  	 	$	7.0	  	 	$	7.1	  	 	$	7.4	  	
Delinquency rate	 	 	13.5	% 	 	 	13.1	% 	 	 	12.8	% 	 	 	12.6	% 	 	 	23.7	% 	 	 	23.4	% 	 	 	22.7	% 	 	 	22.6	% 	 	 	33.7	% 	 	 	33.9	% 	 	 	32.7	% 	 	 	32.5	% 	 	 	19.2	% 	 	 	18.9	% 	 	 	18.3	% 	 	 	18.2	% 	
2006 policy year	 	$	1.7	  	 	$	1.8	  	 	$	1.8	  	 	$	1.9	  	 	$	1.0	  	 	$	1.0	  	 	$	1.1	  	 	$	1.1	  	 	$	0.3	  	 	$	0.3	  	 	$	0.3	  	 	$	0.3	  	 	$	3.0	  	 	$	3.1	  	 	$	3.2	  	 	$	3.3	  	
Delinquency rate	 	 	14.4	% 	 	 	14.1	% 	 	 	13.9	% 	 	 	13.6	% 	 	 	24.2	% 	 	 	23.4	% 	 	 	22.5	% 	 	 	22.4	% 	 	 	30.3	% 	 	 	30.4	% 	 	 	29.0	% 	 	 	28.8	% 	 	 	19.3	% 	 	 	18.9	% 	 	 	18.3	% 	 	 	18.0	% 	
2005 and prior policy year	 	$	3.3	  	 	$	3.6	  	 	$	3.9	  	 	$	4.0	  	 	$	2.1	  	 	$	2.2	  	 	$	2.3	  	 	$	2.5	  	 	$	0.6	  	 	$	0.6	  	 	$	0.6	  	 	$	0.6	  	 	$	6.0	  	 	$	6.4	  	 	$	6.8	  	 	$	7.1	  	
Delinquency rate	 	 	8.8	% 	 	 	8.3	% 	 	 	7.8	% 	 	 	7.5	% 	 	 	19.1	% 	 	 	18.3	% 	 	 	17.4	% 	 	 	16.9	% 	 	 	25.9	% 	 	 	24.9	% 	 	 	23.9	% 	 	 	23.5	% 	 	 	13.3	% 	 	 	12.7	% 	 	 	11.9	% 	 	 	11.6	% 	
Fixed rate mortgage	 	$	18.1	  	 	$	18.3	  	 	$	18.4	  	 	$	18.6	  	 	$	6.8	  	 	$	7.0	  	 	$	7.1	  	 	$	7.4	  	 	$	1.8	  	 	$	1.9	  	 	$	1.9	  	 	$	1.9	  	 	$	26.7	  	 	$	27.2	  	 	$	27.4	  	 	$	27.9	  	
Delinquency rate	 	 	7.4	% 	 	 	7.3	% 	 	 	7.1	% 	 	 	7.1	% 	 	 	19.5	% 	 	 	19.1	% 	 	 	18.5	% 	 	 	18.3	% 	 	 	29.3	% 	 	 	28.9	% 	 	 	27.9	% 	 	 	27.6	% 	 	 	11.9	% 	 	 	11.7	% 	 	 	11.4	% 	 	 	11.4	% 	
Adjustable rate mortgage	 	$	0.3	  	 	$	0.3	  	 	$	0.3	  	 	$	0.3	  	 	$	0.2	  	 	$	0.2	  	 	$	0.2	  	 	$	0.2	  	 	$	—  	  	 	$	—  	  	 	$	0.1	  	 	$	0.1	  	 	$	0.5	  	 	$	0.5	  	 	$	0.6	  	 	$	0.6	  	
Delinquency rate	 	 	25.1	% 	 	 	24.8	% 	 	 	25.0	% 	 	 	24.8	% 	 	 	30.0	% 	 	 	29.4	% 	 	 	28.1	% 	 	 	27.4	% 	 	 	36.8	% 	 	 	38.0	% 	 	 	36.3	% 	 	 	36.1	% 	 	 	27.9	% 	 	 	27.6	% 	 	 	27.1	% 	 	 	26.7	% 	
Loan-to-value > 95%	 	$	3.7	  	 	$	3.8	  	 	$	3.8	  	 	$	3.8	  	 	$	2.4	  	 	$	2.4	  	 	$	2.5	  	 	$	2.6	  	 	$	0.7	  	 	$	0.8	  	 	$	0.8	  	 	$	0.8	  	 	$	6.8	  	 	$	7.0	  	 	$	7.1	  	 	$	7.2	  	
Delinquency rate	 	 	9.8	% 	 	 	9.6	% 	 	 	9.4	% 	 	 	9.3	% 	 	 	22.0	% 	 	 	21.6	% 	 	 	20.8	% 	 	 	20.7	% 	 	 	32.6	% 	 	 	32.5	% 	 	 	31.4	% 	 	 	31.3	% 	 	 	16.9	% 	 	 	16.7	% 	 	 	16.2	% 	 	 	16.1	% 	
Alt-A (3)	 	$	0.6	  	 	$	0.6	  	 	$	0.6	  	 	$	0.6	  	 	$	0.2	  	 	$	0.2	  	 	$	0.2	  	 	$	0.3	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	0.8	  	 	$	0.8	  	 	$	0.8	  	 	$	0.9	  	
Delinquency rate	 	 	19.3	% 	 	 	19.0	% 	 	 	18.7	% 	 	 	18.8	% 	 	 	32.8	% 	 	 	33.0	% 	 	 	32.9	% 	 	 	32.7	% 	 	 	31.7	% 	 	 	33.6	% 	 	 	33.3	% 	 	 	34.7	% 	 	 	23.3	% 	 	 	23.3	% 	 	 	23.0	% 	 	 	23.0	% 	
Interest only and option ARMs	 	$	1.2	  	 	$	1.3	  	 	$	1.4	  	 	$	1.4	  	 	$	0.5	  	 	$	0.5	  	 	$	0.5	  	 	$	0.5	  	 	$	0.1	  	 	$	0.1	  	 	$	0.1	  	 	$	0.1	  	 	$	1.8	  	 	$	1.9	  	 	$	2.0	  	 	$	2.0	  	
Delinquency rate	 	 	27.0	% 	 	 	26.9	% 	 	 	26.9	% 	 	 	26.9	% 	 	 	37.3	% 	 	 	37.5	% 	 	 	37.2	% 	 	 	37.3	% 	 	 	42.8	% 	 	 	43.3	% 	 	 	43.5	% 	 	 	42.7	% 	 	 	30.4	% 	 	 	30.4	% 	 	 	30.3	% 	 	 	30.3	% 	

(1)  	Loans with unknown FICO scores are included in the 620 - 679 category.	
(2)  	Delinquency rate represents the number of lender reported delinquencies divided by the number of remaining policies consistent with mortgage insurance practices.	
(3)  	Alt-A consists of loans with reduced documentation or verification of income or assets and a higher historical and expected delinquency rate than standard documentation loans.	
 
55

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Other Metrics—U.S. Mortgage Insurance Segment—Bulk Risk In-Force
(dollar amounts in millions)

 	  	December 31, 2011	 	 	September 30, 2011	 	 	December 31, 2010	 	
GSE Alt-A	  			 	 				 				
Risk in-force	  	$	25	  	 	$	26	  	 	$	28	  	
Average FICO score	  	 	732	  	 	 	732	  	 	 	732	  	
Loan-to-value ratio	  	 	80	% 	 	 	81	% 	 	 	81	% 	
Standard documentation (1)	  	 	12	% 	 	 	12	% 	 	 	11	% 	
Stop loss	  	 	100	% 	 	 	100	% 	 	 	100	% 	
Deductible	  	 	—  	% 	 	 	—  	% 	 	 	—  	% 	
	 			
FHLB	  			 	 				 				
Risk in-force	  	$	430	  	 	$	441	  	 	$	436	  	
Average FICO score	  	 	759	  	 	 	757	  	 	 	753	  	
Loan-to-value ratio	  	 	70	% 	 	 	75	% 	 	 	75	% 	
Standard documentation (1)	  	 	97	% 	 	 	97	% 	 	 	97	% 	
Stop loss	  	 	94	% 	 	 	94	% 	 	 	93	% 	
Deductible	  	 	100	% 	 	 	100	% 	 	 	100	% 	
	 			
Other	  			 	 				 				
Risk in-force	  	$	65	  	 	$	67	  	 	$	75	  	
Average FICO score	  	 	684	  	 	 	690	  	 	 	692	  	
Loan-to-value ratio	  	 	91	% 	 	 	92	% 	 	 	92	% 	
Standard documentation (1)	  	 	96	% 	 	 	96	% 	 	 	97	% 	
Stop loss	  	 	4	% 	 	 	6	% 	 	 	9	% 	
Deductible	  	 	—  	% 	 	 	—  	% 	 	 	—  	% 	
Total Bulk Risk In-Force	  	$	520	  	 	$	534	  	 	$	539	  	

(1)  	Standard documentation includes loans with reduced or different documentation requirements that meet specifications of GSE approved underwriting systems with historical and expected delinquency rates consistent with the standard portfolio.	
 
56

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Aggregate Book Year Analysis Provided to Illustrate Directional Progression Toward Captive Attachment (1) 

 	 	 	 	 	 	 	 	 	December 31, 2011	 	 	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	
Book Year (2) 	 	Original Book
Risk In-Force
($B) (3) 	 	 	Progression To
Attachment Point	 	 	 	Current
Risk
In-Force
($B)	 	 	Ever-To-Date
Incurred
Losses
($MM) (3) 	 	 	Captive
Benefits
($MM)	 	 	Current
Risk
In-Force
($B)	 	 	Ever-To-Date
Incurred
Losses
($MM) (3) 	 	 	Captive
Benefits
($MM)	 	 	Current
Risk
In-Force
($B)	 	 	Ever-To-Date
Incurred
Losses
($MM) (3) 	 	 	Captive
Benefits
($MM)	 	 	Current
Risk
In-Force
($B)	 	 	Ever-To-Date
Incurred
Losses
($MM) (3) 	 	 	Captive
Benefits
($MM)	 	
2004	 				 	0%-50%	 		 	$	—  	  	 	$	2	  	 			 	 	$	—  	  	 	$	2	  	 			 	 	$	—  	  	 	$	2	  	 			 	 	$	—  	  	 	$	4	  	 			 	
2004	 				 	50%-75%	 		 	 	—  	  	 	 	1	  	 			 	 	 	0.1	  	 	 	13	  	 			 	 	 	0.1	  	 	 	10	  	 			 	 	 	0.2	  	 	 	29	  	 			 	
2004	 				 	75%-99%	 		 	 	0.2	  	 	 	43	  	 			 	 	 	0.2	  	 	 	51	  	 			 	 	 	0.3	  	 	 	52	  	 			 	 	 	0.2	  	 	 	31	  	 			 	
2004	 				 	Attached	 		 	 	0.3	  	 	 	79	  	 			 	 	 	0.3	  	 	 	71	  	 			 	 	 	0.3	  	 	 	71	  	 			 	 	 	0.3	  	 	 	44	  	 			 	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2004 Total	 	$	2.7	  	 		 		 	$	0.5	  	 	$	125	  	 	$	1	  	 	$	0.6	  	 	$	137	  	 	$	2	  	 	$	0.7	  	 	$	135	  	 	$	13	  	 	$	0.7	  	 	$	108	  	 	$	2	  	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2005	 				 	0%-50%	 		 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	
2005	 				 	50%-75%	 		 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	
2005	 				 	75%-99%	 		 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	1	  	 			 	
2005	 				 	Attached	 		 	 	0.8	  	 	 	287	  	 			 	 	 	0.9	  	 	 	301	  	 			 	 	 	1.0	  	 	 	296	  	 			 	 	 	1.5	  	 	 	451	  	 			 	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2005 Total	 	$	2.3	  	 		 		 	$	0.8	  	 	$	288	  	 	 	5	  	 	$	0.9	  	 	$	302	  	 	 	7	  	 	$	1.0	  	 	$	297	  	 	 	1	  	 	$	1.5	  	 	$	453	  	 	 	2	  	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2006	 				 	0%-50%	 		 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	
2006	 				 	50%-75%	 		 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	
2006	 				 	75%-99%	 		 	 	—  	  	 	 	1	  	 			 	 	 	—  	  	 	 	1	  	 			 	 	 	—  	  	 	 	1	  	 			 	 	 	—  	  	 	 	—  	  	 			 	
2006	 				 	Attached	 		 	 	0.8	  	 	 	382	  	 			 	 	 	0.9	  	 	 	393	  	 			 	 	 	1.0	  	 	 	384	  	 			 	 	 	1.6	  	 	 	640	  	 			 	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2006 Total	 	$	2.0	  	 		 		 	$	0.8	  	 	$	384	  	 	 	—  	  	 	$	0.9	  	 	$	395	  	 	 	2	  	 	$	1.0	  	 	$	386	  	 	 	10	  	 	$	1.6	  	 	$	641	  	 	 	9	  	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2007	 				 	0%-50%	 		 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	 	$	—  	  	 	$	1	  	 			 	
2007	 				 	50%-75%	 		 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	
2007	 				 	75%-99%	 		 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	—  	  	 			 	 	 	—  	  	 	 	1	  	 			 	
2007	 				 	Attached	 		 	 	1.6	  	 	 	682	  	 			 	 	 	1.8	  	 	 	707	  	 			 	 	 	1.9	  	 	 	683	  	 			 	 	 	3.4	  	 	 	1,133	  	 			 	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2007 Total	 	$	3.0	  	 		 		 	$	1.6	  	 	$	683	  	 	 	5	  	 	$	1.8	  	 	$	708	  	 	 	4	  	 	$	1.9	  	 	$	684	  	 	 	2	  	 	$	3.4	  	 	$	1,135	  	 	 	4	  	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2008	 				 	0%-50%	 		 	$	—  	  	 	$	—  	  	 			 	 	$	—  	  	 	$	1	  	 			 	 	$	0.1	  	 	$	1	  	 			 	 	$	0.3	  	 	$	8	  	 			 	
2008	 				 	50%-75%	 		 	 	—  	  	 	 	2	  	 			 	 	 	0.2	  	 	 	13	  	 			 	 	 	0.2	  	 	 	12	  	 			 	 	 	0.2	  	 	 	8	  	 			 	
2008	 				 	75%-99%	 		 	 	0.2	  	 	 	14	  	 			 	 	 	0.1	  	 	 	4	  	 			 	 	 	0.1	  	 	 	5	  	 			 	 	 	0.1	  	 	 	4	  	 			 	
2008	 				 	Attached	 		 	 	0.8	  	 	 	168	  	 			 	 	 	0.8	  	 	 	163	  	 			 	 	 	0.8	  	 	 	156	  	 			 	 	 	1.3	  	 	 	161	  	 			 	
	 				 		 		 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	 	 	 	 	 	 	 	 	 			 	
2008 Total	 	$	1.7	  	 		 		 	$	1.0	  	 	$	184	  	 	 	4	  	 	$	1.1	  	 	$	181	  	 	 	5	  	 	$	1.2	  	 	$	174	  	 	 	19	  	 	$	1.9	  	 	$	181	  	 	 	4	  	

	 				 		 		 				 				 	 	 	 	 				 				 	 	 	 	 				 				 	 	 	 	 				 				 	 	 	 	
Captive Benefits In Quarter ($MM)	 				 		 		 				 				 	$	15	  	 				 				 	$	20	  	 				 				 	$	45	  	 				 				 	$	21	  	

(1)  	Data presented in aggregate for all trusts. Actual trust attachment and exit points will vary by individual lender contract. For purposes of this illustration, ever-to-date incurred losses equal current reserves plus ever-to-date paid claims. The information presented excludes quota share captive reinsurance data. Progress toward captive attachment is determined at a lender level for each book year by dividing ever-to-date incurred losses by original risk in-force for that book year.	
(2)  	Book year amounts may include loans from additional periods pursuant to reinsurance agreement terms and conditions.	
(3)  	Original book risk in-force and ever-to-date incurred losses include amounts for active captive books only.	
 
57

Corporate and Runoff Division
 
58

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Loss—Corporate and Runoff Division
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	2	  	 	$	89	  	 	$	84	  	 	$	85	  	 	$	260	  	 	$	81	  	 	$	82	  	 	$	79	  	 	$	80	  	 	$	322	  	
Net investment income	  	 	49	  	 	 	35	  	 	 	55	  	 	 	33	  	 	 	172	  	 	 	63	  	 	 	43	  	 	 	46	  	 	 	16	  	 	 	168	  	
Net investment gains (losses)	  	 	(36	) 	 	 	(170	) 	 	 	(14	) 	 	 	(14	) 	 	 	(234	) 	 	 	(13	) 	 	 	95	  	 	 	(88	) 	 	 	(31	) 	 	 	(37	) 	
Insurance and investment product fees and other	  	 	118	  	 	 	68	  	 	 	63	  	 	 	66	  	 	 	315	  	 	 	74	  	 	 	73	  	 	 	55	  	 	 	58	  	 	 	260	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	133	  	 	 	22	  	 	 	188	  	 	 	170	  	 	 	513	  	 	 	205	  	 	 	293	  	 	 	92	  	 	 	123	  	 	 	713	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	1	  	 	 	86	  	 	 	69	  	 	 	78	  	 	 	234	  	 	 	59	  	 	 	65	  	 	 	72	  	 	 	73	  	 	 	269	  	
Interest credited	  	 	32	  	 	 	34	  	 	 	34	  	 	 	35	  	 	 	135	  	 	 	37	  	 	 	40	  	 	 	38	  	 	 	41	  	 	 	156	  	
Acquisition and operating expenses, net of deferrals	  	 	48	  	 	 	47	  	 	 	43	  	 	 	45	  	 	 	183	  	 	 	65	  	 	 	43	  	 	 	55	  	 	 	44	  	 	 	207	  	
Amortization of deferred acquisition costs and intangibles	  	 	6	  	 	 	39	  	 	 	26	  	 	 	21	  	 	 	92	  	 	 	16	  	 	 	44	  	 	 	30	  	 	 	11	  	 	 	101	  	
Goodwill Impairment	  	 	29	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	29	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Interest expense	  	 	82	  	 	 	82	  	 	 	87	  	 	 	82	  	 	 	333	  	 	 	78	  	 	 	76	  	 	 	71	  	 	 	70	  	 	 	295	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	198	  	 	 	288	  	 	 	259	  	 	 	261	  	 	 	1,006	  	 	 	255	  	 	 	268	  	 	 	266	  	 	 	239	  	 	 	1,028	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	(65	) 	 	 	(266	) 	 	 	(71	) 	 	 	(91	) 	 	 	(493	) 	 	 	(50	) 	 	 	25	  	 	 	(174	) 	 	 	(116	) 	 	 	(315	) 	
Provision (benefit) for income taxes	  	 	(20	) 	 	 	(124	) 	 	 	—  	  	 	 	(19	) 	 	 	(163	) 	 	 	(32	) 	 	 	10	  	 	 	(61	) 	 	 	(157	) 	 	 	(240	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	(45	) 	 	 	(142	) 	 	 	(71	) 	 	 	(72	) 	 	 	(330	) 	 	 	(18	) 	 	 	15	  	 	 	(113	) 	 	 	41	  	 	 	(75	) 	
ADJUSTMENTS TO NET INCOME (LOSS):	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	22	  	 	 	100	  	 	 	7	  	 	 	7	  	 	 	136	  	 	 	7	  	 	 	(50	) 	 	 	53	  	 	 	17	  	 	 	27	  	
Gain on sale of business, net of taxes	  	 	(20	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(20	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Net tax benefit related to separation from the company’s former parent	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(106	) 	 	 	(106	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING LOSS	  	$	(43	) 	 	$	(42	) 	 	$	(64	) 	 	$	(65	) 	 	$	(214	) 	 	$	(11	) 	 	$	(35	) 	 	$	(60	) 	 	$	(48	) 	 	$	(154	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating loss)	  	 	29.5	% 	 	 	62.5	% 	 	 	-6.0	% 	 	 	18.2	% 	 	 	31.9	% 	 	 	70.3	% 	 	 	34.8	% 	 	 	34.0	% 	 	 	46.9	% 	 	 	43.5	% 	
 
59

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss)—Corporate and Runoff Division
(amounts in millions)

Three months ended December 31, 2011	  	Runoff Segment	 	 	Corporate and  Other (1) 	 	 	Total	 	
REVENUES:	  				 				 				
Premiums	  	$	2	  	 	$	—  	  	 	$	2	  	
Net investment income	  	 	36	  	 	 	13	  	 	 	49	  	
Net investment gains (losses)	  	 	(4	) 	 	 	(32	) 	 	 	(36	) 	
Insurance and investment product fees and other	  	 	104	  	 	 	14	  	 	 	118	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	138	  	 	 	(5	) 	 	 	133	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				
Benefits and other changes in policy reserves	  	 	1	  	 	 	—  	  	 	 	1	  	
Interest credited	  	 	32	  	 	 	—  	  	 	 	32	  	
Acquisition and operating expenses, net of deferrals	  	 	23	  	 	 	25	  	 	 	48	  	
Amortization of deferred acquisition costs and intangibles	  	 	3	  	 	 	3	  	 	 	6	  	
Goodwill Impairment	  	 	—  	  	 	 	29	  	 	 	29	  	
Interest expense	  	 	1	  	 	 	81	  	 	 	82	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	60	  	 	 	138	  	 	 	198	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	78	  	 	 	(143	) 	 	 	(65	) 	
Provision (benefit) for income taxes	  	 	41	  	 	 	(61	) 	 	 	(20	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	37	  	 	 	(82	) 	 	 	(45	) 	
ADJUSTMENT TO NET INCOME:	  				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	3	  	 	 	19	  	 	 	22	  	
Gain on sale of business, net of taxes	  	 	(20	) 	 	 	—  	  	 	 	(20	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	20	  	 	$	(63	) 	 	$	(43	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	  	 	61.9	% 	 	 	44.2	% 	 	 	29.5	% 	

Three months ended December 31, 2010	  	Runoff Segment	 	 	Corporate and  Other (1) 	 	 	Total	 	
REVENUES:	  				 				 				
Premiums	  	$	81	  	 	$	—  	  	 	$	81	  	
Net investment income	  	 	51	  	 	 	12	  	 	 	63	  	
Net investment gains (losses)	  	 	(10	) 	 	 	(3	) 	 	 	(13	) 	
Insurance and investment product fees and other	  	 	57	  	 	 	17	  	 	 	74	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	179	  	 	 	26	  	 	 	205	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				
Benefits and other changes in policy reserves	  	 	59	  	 	 	—  	  	 	 	59	  	
Interest credited	  	 	37	  	 	 	—  	  	 	 	37	  	
Acquisition and operating expenses, net of deferrals	  	 	36	  	 	 	29	  	 	 	65	  	
Amortization of deferred acquisition costs and intangibles	  	 	13	  	 	 	3	  	 	 	16	  	
Goodwill Impairment	  	 	—  	  	 	 	—  	  	 	 	—  	  	
Interest expense	  	 	1	  	 	 	77	  	 	 	78	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	146	  	 	 	109	  	 	 	255	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	33	  	 	 	(83	) 	 	 	(50	) 	
Provision (benefit) for income taxes	  	 	4	  	 	 	(36	) 	 	 	(32	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	29	  	 	 	(47	) 	 	 	(18	) 	
ADJUSTMENT TO NET INCOME:	  				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	5	  	 	 	2	  	 	 	7	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	34	  	 	$	(45	) 	 	$	(11	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	  	 	18.7	% 	 	 	43.2	% 	 	 	70.3	% 	

(1)  	Includes inter-segment eliminations and non-core products.	
 
60

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss)—Corporate and Runoff Division
(amounts in millions)

Twelve months ended December 31, 2011	  	Runoff Segment	 	 	Corporate and  Other (1) 	 	 	Total	 	
REVENUES:	  				 				 				
Premiums	  	$	260	  	 	$	—  	  	 	$	260	  	
Net investment income	  	 	140	  	 	 	32	  	 	 	172	  	
Net investment gains (losses)	  	 	(174	) 	 	 	(60	) 	 	 	(234	) 	
Insurance and investment product fees and other	  	 	275	  	 	 	40	  	 	 	315	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	501	  	 	 	12	  	 	 	513	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				
Benefits and other changes in policy reserves	  	 	234	  	 	 	—  	  	 	 	234	  	
Interest credited	  	 	135	  	 	 	—  	  	 	 	135	  	
Acquisition and operating expenses, net of deferrals	  	 	133	  	 	 	50	  	 	 	183	  	
Amortization of deferred acquisition costs and intangibles	  	 	80	  	 	 	12	  	 	 	92	  	
Goodwill Impairment	  	 	—  	  	 	 	29	  	 	 	29	  	
Interest expense	  	 	2	  	 	 	331	  	 	 	333	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	584	  	 	 	422	  	 	 	1,006	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
LOSS BEFORE INCOME TAXES	  	 	(83	) 	 	 	(410	) 	 	 	(493	) 	
Benefit for income taxes	  	 	(30	) 	 	 	(133	) 	 	 	(163	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET LOSS	  	 	(53	) 	 	 	(277	) 	 	 	(330	) 	
ADJUSTMENTS TO NET LOSS:	  				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	98	  	 	 	38	  	 	 	136	  	
Gain on sale of business, net of taxes	  	 	(20	) 	 	 	—  	  	 	 	(20	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	25	  	 	$	(239	) 	 	$	(214	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	  	 	32.9	% 	 	 	32.0	% 	 	 	31.9	% 	

Twelve months ended December 31, 2010	  	Runoff Segment	 	 	Corporate and  Other (1) 	 	 	Total	 	
REVENUES:	  				 				 				
Premiums	  	$	322	  	 	$	—  	  	 	$	322	  	
Net investment income	  	 	130	  	 	 	38	  	 	 	168	  	
Net investment gains (losses)	  	 	(2	) 	 	 	(35	) 	 	 	(37	) 	
Insurance and investment product fees and other	  	 	215	  	 	 	45	  	 	 	260	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	665	  	 	 	48	  	 	 	713	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				
Benefits and other changes in policy reserves	  	 	269	  	 	 	—  	  	 	 	269	  	
Interest credited	  	 	156	  	 	 	—  	  	 	 	156	  	
Acquisition and operating expenses, net of deferrals	  	 	135	  	 	 	72	  	 	 	207	  	
Amortization of deferred acquisition costs and intangibles	  	 	88	  	 	 	13	  	 	 	101	  	
Goodwill Impairment	  	 	—  	  	 	 	—  	  	 	 	—  	  	
Interest expense	  	 	2	  	 	 	293	  	 	 	295	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	650	  	 	 	378	  	 	 	1,028	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	15	  	 	 	(330	) 	 	 	(315	) 	
Benefit for income taxes	  	 	(10	) 	 	 	(230	) 	 	 	(240	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	25	  	 	 	(100	) 	 	 	(75	) 	
ADJUSTMENTS TO NET INCOME (LOSS):	  				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	5	  	 	 	22	  	 	 	27	  	
Net tax benefit related to separation from the company’s former parent	  	 	—  	  	 	 	(106	) 	 	 	(106	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	30	  	 	$	(184	) 	 	$	(154	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	  	 	-31.0	% 	 	 	37.6	% 	 	 	43.5	% 	

(1)  	Includes inter-segment eliminations and non-core products.	
 
61

Runoff Segment
 
62

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Income (Loss) and Sales—Runoff Segment
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				 				 				 				 				
Premiums	  	$	2	  	  	$	89	  	 	$	84	  	 	$	85	  	 	$	260	  	 	$	81	  	 	$	82	  	 	$	79	  	 	$	80	  	 	$	322	  	
Net investment income	  	 	36	  	  	 	33	  	 	 	37	  	 	 	34	  	 	 	140	  	 	 	51	  	 	 	36	  	 	 	33	  	 	 	10	  	 	 	130	  	
Net investment gains (losses)	  	 	(4	) 	  	 	(159	) 	 	 	(11	) 	 	 	—  	  	 	 	(174	) 	 	 	(10	) 	 	 	106	  	 	 	(78	) 	 	 	(20	) 	 	 	(2	) 	
Insurance and investment product fees and other	  	 	104	  	  	 	55	  	 	 	57	  	 	 	59	  	 	 	275	  	 	 	57	  	 	 	54	  	 	 	50	  	 	 	54	  	 	 	215	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	138	  	  	 	18	  	 	 	167	  	 	 	178	  	 	 	501	  	 	 	179	  	 	 	278	  	 	 	84	  	 	 	124	  	 	 	665	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	1	  	  	 	86	  	 	 	69	  	 	 	78	  	 	 	234	  	 	 	59	  	 	 	65	  	 	 	72	  	 	 	73	  	 	 	269	  	
Interest credited	  	 	32	  	  	 	34	  	 	 	34	  	 	 	35	  	 	 	135	  	 	 	37	  	 	 	40	  	 	 	38	  	 	 	41	  	 	 	156	  	
Acquisition and operating expenses, net of deferrals	  	 	23	  	  	 	33	  	 	 	34	  	 	 	43	  	 	 	133	  	 	 	36	  	 	 	33	  	 	 	35	  	 	 	31	  	 	 	135	  	
Amortization of deferred acquisition costs and intangibles	  	 	3	  	  	 	36	  	 	 	23	  	 	 	18	  	 	 	80	  	 	 	13	  	 	 	41	  	 	 	27	  	 	 	7	  	 	 	88	  	
Interest expense	  	 	1	  	  	 	—  	  	 	 	1	  	 	 	—  	  	 	 	2	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	2	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	60	  	  	 	189	  	 	 	161	  	 	 	174	  	 	 	584	  	 	 	146	  	 	 	179	  	 	 	172	  	 	 	153	  	 	 	650	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) BEFORE INCOME TAXES	  	 	78	  	  	 	(171	) 	 	 	6	  	 	 	4	  	 	 	(83	) 	 	 	33	  	 	 	99	  	 	 	(88	) 	 	 	(29	) 	 	 	15	  	
Provision (benefit) for income taxes	  	 	41	  	  	 	(69	) 	 	 	(1	) 	 	 	(1	) 	 	 	(30	) 	 	 	4	  	 	 	33	  	 	 	(34	) 	 	 	(13	) 	 	 	(10	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	37	  	  	 	(102	) 	 	 	7	  	 	 	5	  	 	 	(53	) 	 	 	29	  	 	 	66	  	 	 	(54	) 	 	 	(16	) 	 	 	25	  	
ADJUSTMENTS TO NET INCOME (LOSS):	  			 	  				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	3	  	  	 	91	  	 	 	5	  	 	 	(1	) 	 	 	98	  	 	 	5	  	 	 	(57	) 	 	 	47	  	 	 	10	  	 	 	5	  	
Gain on sale of business, net of taxes	  	 	(20	) 	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(20	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	20	  	  	$	(11	) 	 	$	12	  	 	$	4	  	 	$	25	  	 	$	34	  	 	$	9	  	 	$	(7	) 	 	$	(6	) 	 	$	30	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	  	 	61.9	% 	  	 	64.5	% 	 	 	13.7	% 	 	 	-86.6	% 	 	 	32.9	% 	 	 	18.7	% 	 	 	9.9	% 	 	 	56.8	% 	 	 	54.5	% 	 	 	-31.0	% 	
											
SALES:	  				  				 				 				 				 				 				 				 				 				
Sales by Product:	  	 	 	 	  				 				 				 				 				 				 				 				 				
Income Distribution Series (1)	  	$	24	  	  	$	27	  	 	$	32	  	 	$	114	  	 	$	197	  	 	$	211	  	 	$	126	  	 	$	139	  	 	$	170	  	 	$	646	  	
Traditional Variable Annuities (2)	  	 	9	  	  	 	8	  	 	 	10	  	 	 	20	  	 	 	47	  	 	 	43	  	 	 	25	  	 	 	30	  	 	 	35	  	 	 	133	  	
Medicare Supplement and Other A&H	  	 	2	  	  	 	16	  	 	 	17	  	 	 	17	  	 	 	52	  	 	 	23	  	 	 	12	  	 	 	11	  	 	 	17	  	 	 	63	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	35	  	  	$	51	  	 	$	59	  	 	$	151	  	 	$	296	  	 	$	277	  	 	$	163	  	 	$	180	  	 	$	222	  	 	$	842	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Sales by Distribution Channel:	  			 	  				 				 				 				 				 				 				 				 				
Financial Intermediaries	  	$	28	  	  	$	29	  	 	$	37	  	 	$	126	  	 	$	220	  	 	$	240	  	 	$	141	  	 	$	158	  	 	$	195	  	 	$	734	  	
Independent Producers	  	 	1	  	  	 	2	  	 	 	3	  	 	 	2	  	 	 	8	  	 	 	4	  	 	 	3	  	 	 	5	  	 	 	5	  	 	 	17	  	
Dedicated Sales Specialists	  	 	4	  	  	 	4	  	 	 	2	  	 	 	6	  	 	 	16	  	 	 	10	  	 	 	7	  	 	 	6	  	 	 	5	  	 	 	28	  	
Medicare Supplement and Other A&H	  	 	2	  	  	 	16	  	 	 	17	  	 	 	17	  	 	 	52	  	 	 	23	  	 	 	12	  	 	 	11	  	 	 	17	  	 	 	63	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	35	  	  	$	51	  	 	$	59	  	 	$	151	  	 	$	296	  	 	$	277	  	 	$	163	  	 	$	180	  	 	$	222	  	 	$	842	  	

LOSS RATIOS:	  				  				 				 				 				 				 				 				 				 				
Medicare Supplement and A&H (3) 	  				  				 				 				 				 				 				 				 				 				
Net Earned Premiums	  	$	2	  	  	$	89	  	 	$	84	  	 	$	85	  	 	$	260	  	 	$	81	  	 	$	82	  	 	$	79	  	 	$	80	  	 	$	322	  	
Loss Ratio (4)	  	 	47.5	% 	  	 	67.5	% 	 	 	71.3	% 	 	 	85.3	% 	 	 	74.5	% 	 	 	65.1	% 	 	 	65.9	% 	 	 	76.7	% 	 	 	79.7	% 	 	 	71.8	% 	

(1)  	The Income Distribution Series products are comprised of the deferred and immediate variable annuity products with rider options, that provide guaranteed income benefits including guaranteed minimum withdrawal benefits and certain types of guaranteed annuitization benefits. These products do not include fixed single premium immediate annuities or deferred annuities, which may also serve income distribution needs.	
(2)  	The traditional variable annuities include products that provide the potential for tax deferred growth on the policyholder’s premium. These products do not provide the opportunity for a living benefit through guaranteed minimum withdrawal benefits; however, similar to the Income Distribution Series products, they do provide a variety of guaranteed minimum death benefit options.	
(3)  	Net earned premiums and loss ratios for Medicare Supplement and A&H did not include the linked-benefits product in 2010.	
(4)  	The loss ratio for the Medicare supplement and A&H insurance products was calculated by dividing benefits and other changes in policy reserves less tabular interest on reserves less loss adjustment expenses by net earned premiums.	
 
63

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Selected Operating Performance Measures—Runoff Segment
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Variable Annuities:	  			 	  				 				 				 				 				 				 				 				 				
Income Distribution Series	  			 	  				 				 				 				 				 				 				 				 				
Account value, beginning of the period	  	$	6,148	  	  	$	6,606	  	 	$	6,687	  	 	$	6,590	  	 	$	6,590	  	 	$	6,334	  	 	$	5,964	  	 	$	6,135	  	 	$	5,943	  	 	$	5,943	  	
Deposits	  	 	23	  	  	 	30	  	 	 	33	  	 	 	117	  	 	 	203	  	 	 	214	  	 	 	131	  	 	 	141	  	 	 	173	  	 	 	659	  	
Surrenders, benefits and product charges	  	 	(159	) 	  	 	(171	) 	 	 	(171	) 	 	 	(185	) 	 	 	(686	) 	 	 	(157	) 	 	 	(131	) 	 	 	(150	) 	 	 	(127	) 	 	 	(565	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(136	) 	  	 	(141	) 	 	 	(138	) 	 	 	(68	) 	 	 	(483	) 	 	 	57	  	 	 	—  	  	 	 	(9	) 	 	 	46	  	 	 	94	  	
Interest credited and investment performance	  	 	253	  	  	 	(317	) 	 	 	57	  	 	 	165	  	 	 	158	  	 	 	199	  	 	 	370	  	 	 	(162	) 	 	 	146	  	 	 	553	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of the period	  	 	6,265	  	  	 	6,148	  	 	 	6,606	  	 	 	6,687	  	 	 	6,265	  	 	 	6,590	  	 	 	6,334	  	 	 	5,964	  	 	 	6,135	  	 	 	6,590	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Traditional Variable Annuities	  			 	  				 				 				 				 				 				 				 				 				
Account value, net of reinsurance, beginning of the period	  	 	1,735	  	  	 	2,012	  	 	 	2,096	  	 	 	2,078	  	 	 	2,078	  	 	 	1,993	  	 	 	1,879	  	 	 	2,048	  	 	 	2,016	  	 	 	2,016	  	
Deposits	  	 	3	  	  	 	4	  	 	 	3	  	 	 	17	  	 	 	27	  	 	 	36	  	 	 	20	  	 	 	25	  	 	 	27	  	 	 	108	  	
Surrenders, benefits and product charges	  	 	(82	) 	  	 	(73	) 	 	 	(100	) 	 	 	(88	) 	 	 	(343	) 	 	 	(72	) 	 	 	(68	) 	 	 	(70	) 	 	 	(65	) 	 	 	(275	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(79	) 	  	 	(69	) 	 	 	(97	) 	 	 	(71	) 	 	 	(316	) 	 	 	(36	) 	 	 	(48	) 	 	 	(45	) 	 	 	(38	) 	 	 	(167	) 	
Interest credited and investment performance	  	 	110	  	  	 	(208	) 	 	 	13	  	 	 	89	  	 	 	4	  	 	 	121	  	 	 	162	  	 	 	(124	) 	 	 	70	  	 	 	229	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, net of reinsurance, end of the period	  	 	1,766	  	  	 	1,735	  	 	 	2,012	  	 	 	2,096	  	 	 	1,766	  	 	 	2,078	  	 	 	1,993	  	 	 	1,879	  	 	 	2,048	  	 	 	2,078	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Variable Life Insurance	  			 	  				 				 				 				 				 				 				 				 				
Account value, beginning of the period	  	 	272	  	  	 	314	  	 	 	319	  	 	 	313	  	 	 	313	  	 	 	297	  	 	 	279	  	 	 	303	  	 	 	298	  	 	 	298	  	
Deposits	  	 	2	  	  	 	3	  	 	 	3	  	 	 	3	  	 	 	11	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	12	  	
Surrenders, benefits and product charges	  	 	(8	) 	  	 	(12	) 	 	 	(11	) 	 	 	(11	) 	 	 	(42	) 	 	 	(9	) 	 	 	(10	) 	 	 	(8	) 	 	 	(10	) 	 	 	(37	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(6	) 	  	 	(9	) 	 	 	(8	) 	 	 	(8	) 	 	 	(31	) 	 	 	(6	) 	 	 	(7	) 	 	 	(5	) 	 	 	(7	) 	 	 	(25	) 	
Interest credited and investment performance	  	 	18	  	  	 	(33	) 	 	 	3	  	 	 	14	  	 	 	2	  	 	 	22	  	 	 	25	  	 	 	(19	) 	 	 	12	  	 	 	40	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of the period	  	 	284	  	  	 	272	  	 	 	314	  	 	 	319	  	 	 	284	  	 	 	313	  	 	 	297	  	 	 	279	  	 	 	303	  	 	 	313	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Variable Annuities	  	$	8,315	  	  	$	8,155	  	 	$	8,932	  	 	$	9,102	  	 	$	8,315	  	 	$	8,981	  	 	$	8,624	  	 	$	8,122	  	 	$	8,486	  	 	$	8,981	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Guaranteed Investment Contracts, Funding Agreements Backing Notes and Funding Agreements:	  	 	 	 	  				 				 				 				 				 				 				 				 				
Account value, beginning of period	  	$	2,717	  	  	$	3,043	  	 	$	3,317	  	 	$	3,717	  	 	$	3,717	  	 	$	4,094	  	 	$	4,441	  	 	$	4,372	  	 	$	4,502	  	 	$	4,502	  	
Deposits	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	262	  	 	 	79	  	 	 	152	  	 	 	—  	  	 	 	493	  	
Surrenders and benefits	  	 	(111	) 	  	 	(341	) 	 	 	(312	) 	 	 	(435	) 	 	 	(1,199	) 	 	 	(680	) 	 	 	(477	) 	 	 	(124	) 	 	 	(171	) 	 	 	(1,452	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(111	) 	  	 	(341	) 	 	 	(312	) 	 	 	(435	) 	 	 	(1,199	) 	 	 	(418	) 	 	 	(398	) 	 	 	28	  	 	 	(171	) 	 	 	(959	) 	
Interest credited	  	 	21	  	  	 	24	  	 	 	28	  	 	 	33	  	 	 	106	  	 	 	36	  	 	 	41	  	 	 	43	  	 	 	43	  	 	 	163	  	
Foreign currency translation	  	 	(4	) 	  	 	(9	) 	 	 	10	  	 	 	2	  	 	 	(1	) 	 	 	5	  	 	 	10	  	 	 	(2	) 	 	 	(2	) 	 	 	11	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of period	  	$	2,623	  	  	$	2,717	  	 	$	3,043	  	 	$	3,317	  	 	$	2,623	  	 	$	3,717	  	 	$	4,094	  	 	$	4,441	  	 	$	4,372	  	 	$	3,717	  	

 
64

Corporate and Other
 
65

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Operating Loss—Corporate and Other (1) 
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				 				 				 				 				
Premiums	  	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	
Net investment income	  	 	13	  	 	 	2	  	 	 	18	  	 	 	(1	) 	 	 	32	  	 	 	12	  	 	 	7	  	 	 	13	  	 	 	6	  	 	 	38	  	
Net investment gains (losses)	  	 	(32	) 	 	 	(11	) 	 	 	(3	) 	 	 	(14	) 	 	 	(60	) 	 	 	(3	) 	 	 	(11	) 	 	 	(10	) 	 	 	(11	) 	 	 	(35	) 	
Insurance and investment product fees and other	  	 	14	  	 	 	13	  	 	 	6	  	 	 	7	  	 	 	40	  	 	 	17	  	 	 	19	  	 	 	5	  	 	 	4	  	 	 	45	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	(5	) 	 	 	4	  	 	 	21	  	 	 	(8	) 	 	 	12	  	 	 	26	  	 	 	15	  	 	 	8	  	 	 	(1	) 	 	 	48	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Interest credited	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Acquisition and operating expenses, net of deferrals	  	 	25	  	 	 	14	  	 	 	9	  	 	 	2	  	 	 	50	  	 	 	29	  	 	 	10	  	 	 	20	  	 	 	13	  	 	 	72	  	
Amortization of deferred acquisition costs and intangibles	  	 	3	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	12	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	4	  	 	 	13	  	
Goodwill impairment	  	 	29	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	29	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Interest expense	  	 	81	  	 	 	82	  	 	 	86	  	 	 	82	  	 	 	331	  	 	 	77	  	 	 	76	  	 	 	71	  	 	 	69	  	 	 	293	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	138	  	 	 	99	  	 	 	98	  	 	 	87	  	 	 	422	  	 	 	109	  	 	 	89	  	 	 	94	  	 	 	86	  	 	 	378	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LOSS BEFORE INCOME TAXES	  	 	(143	) 	 	 	(95	) 	 	 	(77	) 	 	 	(95	) 	 	 	(410	) 	 	 	(83	) 	 	 	(74	) 	 	 	(86	) 	 	 	(87	) 	 	 	(330	) 	
Provision (benefit) for income taxes	  	 	(61	) 	 	 	(55	) 	 	 	1	  	 	 	(18	) 	 	 	(133	) 	 	 	(36	) 	 	 	(23	) 	 	 	(27	) 	 	 	(144	) 	 	 	(230	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	(82	) 	 	 	(40	) 	 	 	(78	) 	 	 	(77	) 	 	 	(277	) 	 	 	(47	) 	 	 	(51	) 	 	 	(59	) 	 	 	57	  	 	 	(100	) 	
ADJUSTMENTS TO NET INCOME (LOSS):	  			 	 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	19	  	 	 	9	  	 	 	2	  	 	 	8	  	 	 	38	  	 	 	2	  	 	 	7	  	 	 	6	  	 	 	7	  	 	 	22	  	
Net tax benefit related to separation from the company’s former parent	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(106	) 	 	 	(106	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING LOSS	  	$	(63	) 	 	$	(31	) 	 	$	(76	) 	 	$	(69	) 	 	$	(239	) 	 	$	(45	) 	 	$	(44	) 	 	$	(53	) 	 	$	(42	) 	 	$	(184	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating loss)	  	 	44.2	% 	 	 	61.8	% 	 	 	-2.2	% 	 	 	15.5	% 	 	 	32.0	% 	 	 	43.2	% 	 	 	30.8	% 	 	 	29.6	% 	 	 	45.5	% 	 	 	37.6	% 	

(1)  	Includes inter-segment eliminations and non-core products.	
 
66

Additional Financial Data
 
67

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Investments Summary
(amounts in millions)

 	 	 	 	 	  	December 31, 2011	 	  	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	 	December 31, 2010	 	
 	 	 	 	 	  	Carrying
Amount	 	 	% of
Total	 	  	Carrying
Amount	 	  	% of
Total	 	 	Carrying
Amount	 	  	% of
Total	 	 	Carrying
Amount	 	  	% of
Total	 	 	Carrying
Amount	 	  	% of
Total	 	
Composition of Investment Portfolio	  	 	 	 	 	 	  	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	
Fixed maturity securities:	  				 			 	  				  				 				  				 				  				 				  				
Investment grade:	  				 			 	  				  				 				  				 				  				 				  				
Public fixed maturity securities	  	$	34,770	  	 	 	46	% 	  	$	34,689	  	  	 	46	% 	 	$	33,127	  	  	 	46	% 	 	$	31,912	  	  	 	45	% 	 	$	31,781	  	  	 	45	% 	
Private fixed maturity securities	  	 	9,480	  	 	 	12	  	  	 	9,309	  	  	 	12	  	 	 	9,213	  	  	 	13	  	 	 	9,188	  	  	 	13	  	 	 	9,239	  	  	 	13	  	
Residential mortgage-backed securities (1)	  	 	5,129	  	 	 	7	  	  	 	4,747	  	  	 	6	  	 	 	4,280	  	  	 	6	  	 	 	3,841	  	  	 	5	  	 	 	3,760	  	  	 	5	  	
Commercial mortgage-backed securities	  	 	3,045	  	 	 	4	  	  	 	3,139	  	  	 	4	  	 	 	3,280	  	  	 	5	  	 	 	3,329	  	  	 	5	  	 	 	3,361	  	  	 	5	  	
Other asset-backed securities	  	 	2,516	  	 	 	3	  	  	 	2,030	  	  	 	3	  	 	 	1,984	  	  	 	3	  	 	 	2,126	  	  	 	3	  	 	 	2,287	  	  	 	3	  	
Tax-exempt	  	 	503	  	 	 	1	  	  	 	693	  	  	 	1	  	 	 	865	  	  	 	1	  	 	 	924	  	  	 	1	  	 	 	1,026	  	  	 	1	  	
Non-investment grade fixed maturity securities	  	 	2,852	  	 	 	4	  	  	 	3,209	  	  	 	4	  	 	 	3,472	  	  	 	5	  	 	 	3,678	  	  	 	5	  	 	 	3,729	  	  	 	5	  	
Equity securities:	  				 			 	  				  				 				  				 				  				 				  				
Common stocks and mutual funds	  	 	306	  	 	 	—  	  	  	 	284	  	  	 	—  	  	 	 	263	  	  	 	—  	  	 	 	232	  	  	 	—  	  	 	 	215	  	  	 	—  	  	
Preferred stocks	  	 	55	  	 	 	—  	  	  	 	70	  	  	 	—  	  	 	 	111	  	  	 	—  	  	 	 	123	  	  	 	—  	  	 	 	117	  	  	 	—  	  	
Commercial mortgage loans	  	 	6,092	  	 	 	8	  	  	 	6,271	  	  	 	8	  	 	 	6,432	  	  	 	9	  	 	 	6,600	  	  	 	9	  	 	 	6,718	  	  	 	9	  	
Restricted commercial mortgage loans related to securitization entities	  	 	411	  	 	 	1	  	  	 	430	  	  	 	1	  	 	 	457	  	  	 	1	  	 	 	485	  	  	 	1	  	 	 	507	  	  	 	1	  	
Policy loans	  	 	1,549	  	 	 	2	  	  	 	1,556	  	  	 	2	  	 	 	1,542	  	  	 	2	  	 	 	1,480	  	  	 	2	  	 	 	1,471	  	  	 	2	  	
Cash, cash equivalents and short-term investments	  	 	5,145	  	 	 	7	  	  	 	3,822	  	  	 	5	  	 	 	2,986	  	  	 	4	  	 	 	3,940	  	  	 	6	  	 	 	3,271	  	  	 	5	  	
Securities lending	  	 	406	  	 	 	1	  	  	 	204	  	  	 	—  	  	 	 	554	  	  	 	1	  	 	 	811	  	  	 	1	  	 	 	772	  	  	 	1	  	
Other invested assets:	 	Limited partnerships (2)	  	 	344	  	 	 	—  	  	  	 	355	  	  	 	1	  	 	 	346	  	  	 	—  	  	 	 	339	  	  	 	—  	  	 	 	340	  	  	 	—  	  	
	 	Derivatives:	  				 			 	  				  				 				  				 				  				 				  				
	 	LTC forward starting swap—cash flow	  	 	648	  	 	 	1	  	  	 	1,515	  	  	 	2	  	 	 	264	  	  	 	—  	  	 	 	169	  	  	 	—  	  	 	 	222	  	  	 	—  	  	
	 	Other cash flow	  	 	—  	  	 	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	192	  	  	 	—  	  	 	 	205	  	  	 	—  	  	
	 	Fair value	  	 	75	  	 	 	—  	  	  	 	93	  	  	 	—  	  	 	 	116	  	  	 	—  	  	 	 	113	  	  	 	—  	  	 	 	130	  	  	 	—  	  	
	 	Equity index options—non-qualified	  	 	55	  	 	 	—  	  	  	 	62	  	  	 	—  	  	 	 	39	  	  	 	—  	  	 	 	32	  	  	 	—  	  	 	 	33	  	  	 	—  	  	
	 	LTC swaptions—non-qualified	  	 	—  	  	 	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	
	 	Other non-qualified	  	 	707	  	 	 	1	  	  	 	745	  	  	 	1	  	 	 	401	  	  	 	1	  	 	 	395	  	  	 	1	  	 	 	457	  	  	 	1	  	
	 	Trading portfolio	  	 	788	  	 	 	1	  	  	 	639	  	  	 	1	  	 	 	607	  	  	 	1	  	 	 	667	  	  	 	1	  	 	 	677	  	  	 	1	  	
	 	Counterparty collateral	  	 	1,023	  	 	 	1	  	  	 	1,733	  	  	 	2	  	 	 	705	  	  	 	1	  	 	 	745	  	  	 	1	  	 	 	794	  	  	 	2	  	
	 	Restricted other invested assets related to securitization entities	  	 	377	  	 	 	—  	  	  	 	377	  	  	 	1	  	 	 	379	  	  	 	1	  	 	 	376	  	  	 	1	  	 	 	372	  	  	 	1	  	
	 	Other	  	 	116	  	 	 	—  	  	  	 	106	  	  	 	—  	  	 	 	114	  	  	 	—  	  	 	 	91	  	  	 	—  	  	 	 	85	  	  	 	—  	  	
	 		 		  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total invested assets and cash	  	$	76,392	  	 	 	100	% 	  	$	76,078	  	  	 	100	% 	 	$	71,537	  	  	 	100	% 	 	$	71,788	  	  	 	100	% 	 	$	71,569	  	  	 	100	% 	
	 		 		  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Public Fixed Maturity Securities—Credit Quality:	  	 	 	 	 	 	  	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	
Rating Agency Designation	  	 	 	 	 	 	  	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	
AAA	  	$	17,179	  	 	 	38	% 	  	$	17,035	  	  	 	38	% 	 	$	16,253	  	  	 	37	% 	 	$	15,607	  	  	 	37	% 	 	$	15,797	  	  	 	37	% 	
AA	  	 	4,666	  	 	 	10	  	  	 	5,038	  	  	 	11	  	 	 	5,007	  	  	 	12	  	 	 	4,912	  	  	 	11	  	 	 	4,947	  	  	 	12	  	
A	  	 	12,577	  	 	 	28	  	  	 	12,499	  	  	 	28	  	 	 	11,870	  	  	 	27	  	 	 	11,363	  	  	 	27	  	 	 	11,322	  	  	 	26	  	
BBB	  	 	9,334	  	 	 	21	  	  	 	8,721	  	  	 	19	  	 	 	8,374	  	  	 	19	  	 	 	8,311	  	  	 	20	  	 	 	8,224	  	  	 	19	  	
BB	  	 	1,102	  	 	 	2	  	  	 	1,206	  	  	 	3	  	 	 	1,257	  	  	 	3	  	 	 	1,358	  	  	 	3	  	 	 	1,451	  	  	 	4	  	
B	  	 	142	  	 	 	—  	  	  	 	233	  	  	 	—  	  	 	 	279	  	  	 	1	  	 	 	309	  	  	 	1	  	 	 	292	  	  	 	1	  	
CCC and lower	  	 	420	  	 	 	1	  	  	 	449	  	  	 	1	  	 	 	485	  	  	 	1	  	 	 	525	  	  	 	1	  	 	 	493	  	  	 	1	  	
	 		 		  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total public fixed maturity securities	  	$	45,420	  	 	 	100	% 	  	$	45,181	  	  	 	100	% 	 	$	43,525	  	  	 	100	% 	 	$	42,385	  	  	 	100	% 	 	$	42,526	  	  	 	100	% 	
	 		 		  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Private Fixed Maturity Securities—Credit Quality:	  	 	 	 	 	 	  	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	
Rating Agency Designation	  	 	 	 	 	 	  	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	 	 	 	  	 	 	
AAA	  	$	1,754	  	 	 	14	% 	  	$	1,305	  	  	 	10	% 	 	$	1,372	  	  	 	11	% 	 	$	1,339	  	  	 	11	% 	 	$	1,490	  	  	 	12	% 	
AA	  	 	1,079	  	 	 	8	  	  	 	1,072	  	  	 	9	  	 	 	989	  	  	 	8	  	 	 	964	  	  	 	8	  	 	 	929	  	  	 	7	  	
A	  	 	3,993	  	 	 	31	  	  	 	4,087	  	  	 	32	  	 	 	3,967	  	  	 	31	  	 	 	4,089	  	  	 	32	  	 	 	4,018	  	  	 	32	  	
BBB	  	 	4,861	  	 	 	38	  	  	 	4,850	  	  	 	39	  	 	 	4,917	  	  	 	39	  	 	 	4,735	  	  	 	37	  	 	 	4,727	  	  	 	37	  	
BB	  	 	929	  	 	 	7	  	  	 	974	  	  	 	8	  	 	 	1,063	  	  	 	8	  	 	 	1,102	  	  	 	9	  	 	 	1,077	  	  	 	9	  	
B	  	 	125	  	 	 	1	  	  	 	168	  	  	 	1	  	 	 	170	  	  	 	1	  	 	 	175	  	  	 	1	  	 	 	259	  	  	 	2	  	
CCC and lower	  	 	134	  	 	 	1	  	  	 	179	  	  	 	1	  	 	 	218	  	  	 	2	  	 	 	209	  	  	 	2	  	 	 	157	  	  	 	1	  	
	 		 		  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total private fixed maturity securities	  	$	12,875	  	 	 	100	% 	  	$	12,635	  	  	 	100	% 	 	$	12,696	  	  	 	100	% 	 	$	12,613	  	  	 	100	% 	 	$	12,657	  	  	 	100	% 	

 		
(1)      The company does not have any material exposure to residential mortgage-backed securities collateralized debt obligations (CDOs).	  				 				  				  				 				  				 				  				 				  				
(2)      Limited partnerships by type:	        	 				  				  				 				  				 				  				 				  				
Real estate	  	$	168	  	 				  	$	173	  	  				 	$	162	  	  				 	$	156	  	  				 	$	155	  	  				
Infrastructure	  	 	116	  	 				  	 	119	  	  				 	 	122	  	  				 	 	115	  	  				 	 	116	  	  				
Other	  	 	60	  	 				  	 	63	  	  				 	 	62	  	  				 	 	68	  	  				 	 	69	  	  				
	 		 		  	 	 	 	 				  	 	 	 	  				 	 	 	 	  				 	 	 	 	  				 	 	 	 	  				
Total limited partnerships	  	$	344	  	 				  	$	355	  	  				 	$	346	  	  				 	$	339	  	  				 	$	340	  	  				

68

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Fixed Maturity Securities Summary
(amounts in millions)

 	 	December 31, 2011	 	 	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	 	December 31, 2010	 	
 	 	Fair Value	 	 	% of Total	 	 	Fair Value	 	 	% of Total	 	 	Fair Value	 	 	% of Total	 	 	Fair Value	 	 	% of Total	 	 	Fair Value	 	 	% of Total	 	
Fixed Maturity Securities—Security Sector:	 				 			 	 				 				 				 				 				 				 				 				
U.S. government, agencies and government-sponsored enterprises	 	$	4,863	  	 	 	8	% 	 	$	4,825	  	 	 	8	% 	 	$	3,682	  	 	 	6	% 	 	$	3,414	  	 	 	6	% 	 	$	3,705	  	 	 	7	% 	
Tax-exempt	 	 	503	  	 	 	1	  	 	 	693	  	 	 	1	  	 	 	865	  	 	 	1	  	 	 	928	  	 	 	2	  	 	 	1,030	  	 	 	2	  	
Foreign government	 	 	2,211	  	 	 	4	  	 	 	2,165	  	 	 	4	  	 	 	2,389	  	 	 	4	  	 	 	2,359	  	 	 	4	  	 	 	2,369	  	 	 	4	  	
U.S. corporate	 	 	25,258	  	 	 	43	  	 	 	25,368	  	 	 	44	  	 	 	24,047	  	 	 	43	  	 	 	23,753	  	 	 	43	  	 	 	23,967	  	 	 	43	  	
Foreign corporate	 	 	13,757	  	 	 	24	  	 	 	13,705	  	 	 	24	  	 	 	14,428	  	 	 	26	  	 	 	13,937	  	 	 	25	  	 	 	13,498	  	 	 	25	  	
Residential mortgage-backed securities	 	 	5,695	  	 	 	10	  	 	 	5,380	  	 	 	9	  	 	 	4,983	  	 	 	9	  	 	 	4,600	  	 	 	9	  	 	 	4,455	  	 	 	8	  	
Commercial mortgage-backed securities	 	 	3,400	  	 	 	6	  	 	 	3,543	  	 	 	6	  	 	 	3,721	  	 	 	7	  	 	 	3,756	  	 	 	7	  	 	 	3,743	  	 	 	7	  	
Other asset-backed securities	 	 	2,608	  	 	 	4	  	 	 	2,137	  	 	 	4	  	 	 	2,106	  	 	 	4	  	 	 	2,251	  	 	 	4	  	 	 	2,416	  	 	 	4	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total fixed maturity securities	 	$	58,295	  	 	 	100	% 	 	$	57,816	  	 	 	100	% 	 	$	56,221	  	 	 	100	% 	 	$	54,998	  	 	 	100	% 	 	$	55,183	  	 	 	100	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Corporate Bond Holdings—Industry Sector:	 				 			 	 				 				 				 				 				 				 				 				
Investment Grade:	 				 			 	 				 				 				 				 				 				 				 				
Finance and insurance	 	$	7,919	  	 	 	21	% 	 	$	8,119	  	 	 	22	% 	 	$	8,253	  	 	 	23	% 	 	$	8,234	  	 	 	23	% 	 	$	8,025	  	 	 	23	% 	
Utilities and energy	 	 	8,653	  	 	 	23	  	 	 	8,608	  	 	 	23	  	 	 	8,175	  	 	 	22	  	 	 	7,950	  	 	 	22	  	 	 	7,977	  	 	 	23	  	
Consumer—non-cyclical	 	 	4,662	  	 	 	12	  	 	 	4,569	  	 	 	12	  	 	 	4,250	  	 	 	12	  	 	 	4,148	  	 	 	12	  	 	 	4,071	  	 	 	11	  	
Consumer—cyclical	 	 	2,088	  	 	 	6	  	 	 	1,976	  	 	 	5	  	 	 	1,830	  	 	 	5	  	 	 	1,773	  	 	 	5	  	 	 	1,760	  	 	 	5	  	
Capital goods	 	 	2,388	  	 	 	6	  	 	 	2,485	  	 	 	7	  	 	 	2,282	  	 	 	6	  	 	 	2,191	  	 	 	6	  	 	 	2,163	  	 	 	6	  	
Industrial	 	 	2,149	  	 	 	6	  	 	 	1,995	  	 	 	5	  	 	 	1,902	  	 	 	5	  	 	 	1,850	  	 	 	5	  	 	 	1,789	  	 	 	5	  	
Technology and communications	 	 	2,522	  	 	 	7	  	 	 	2,443	  	 	 	7	  	 	 	2,377	  	 	 	6	  	 	 	2,250	  	 	 	6	  	 	 	2,192	  	 	 	6	  	
Transportation	 	 	1,445	  	 	 	4	  	 	 	1,403	  	 	 	4	  	 	 	1,305	  	 	 	4	  	 	 	1,284	  	 	 	4	  	 	 	1,324	  	 	 	4	  	
Other	 	 	5,520	  	 	 	15	  	 	 	5,580	  	 	 	15	  	 	 	6,074	  	 	 	17	  	 	 	5,852	  	 	 	17	  	 	 	5,861	  	 	 	17	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 	 	37,346	  	 	 	100	% 	 	 	37,178	  	 	 	100	% 	 	 	36,448	  	 	 	100	% 	 	 	35,532	  	 	 	100	% 	 	 	35,162	  	 	 	100	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Non-Investment Grade:	 				 			 	 				 				 				 				 				 				 				 				
Finance and insurance	 	 	290	  	 	 	17	% 	 	 	375	  	 	 	20	% 	 	 	425	  	 	 	21	% 	 	 	441	  	 	 	21	% 	 	 	512	  	 	 	22	% 	
Utilities and energy	 	 	340	  	 	 	21	  	 	 	322	  	 	 	17	  	 	 	294	  	 	 	15	  	 	 	282	  	 	 	13	  	 	 	242	  	 	 	10	  	
Consumer—non-cyclical	 	 	132	  	 	 	8	  	 	 	166	  	 	 	9	  	 	 	209	  	 	 	10	  	 	 	218	  	 	 	10	  	 	 	266	  	 	 	12	  	
Consumer—cyclical	 	 	72	  	 	 	4	  	 	 	106	  	 	 	5	  	 	 	123	  	 	 	6	  	 	 	163	  	 	 	8	  	 	 	175	  	 	 	8	  	
Capital goods	 	 	303	  	 	 	18	  	 	 	335	  	 	 	17	  	 	 	318	  	 	 	16	  	 	 	325	  	 	 	15	  	 	 	374	  	 	 	16	  	
Industrial	 	 	286	  	 	 	17	  	 	 	318	  	 	 	17	  	 	 	356	  	 	 	17	  	 	 	369	  	 	 	17	  	 	 	362	  	 	 	16	  	
Technology and communications	 	 	159	  	 	 	10	  	 	 	168	  	 	 	9	  	 	 	183	  	 	 	9	  	 	 	225	  	 	 	10	  	 	 	238	  	 	 	10	  	
Transportation	 	 	68	  	 	 	4	  	 	 	88	  	 	 	5	  	 	 	95	  	 	 	5	  	 	 	95	  	 	 	4	  	 	 	97	  	 	 	4	  	
Other	 	 	19	  	 	 	1	  	 	 	17	  	 	 	1	  	 	 	24	  	 	 	1	  	 	 	40	  	 	 	2	  	 	 	37	  	 	 	2	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 	 	1,669	  	 	 	100	% 	 	 	1,895	  	 	 	100	% 	 	 	2,027	  	 	 	100	% 	 	 	2,158	  	 	 	100	% 	 	 	2,303	  	 	 	100	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total	 	$	39,015	  	 	 	100	% 	 	$	39,073	  	 	 	100	% 	 	$	38,475	  	 	 	100	% 	 	$	37,690	  	 	 	100	% 	 	$	37,465	  	 	 	100	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Fixed Maturity Securities—Contractual Maturity Dates:	 				 			 	 				 				 				 				 				 				 				 				
Due in one year or less	 	$	2,756	  	 	 	5	% 	 	$	2,720	  	 	 	5	% 	 	$	2,857	  	 	 	5	% 	 	$	2,379	  	 	 	4	% 	 	$	2,707	  	 	 	5	% 	
Due after one year through five years	 	 	11,225	  	 	 	19	  	 	 	11,172	  	 	 	19	  	 	 	12,103	  	 	 	22	  	 	 	12,248	  	 	 	22	  	 	 	12,423	  	 	 	22	  	
Due after five years through ten years	 	 	10,472	  	 	 	18	  	 	 	10,612	  	 	 	18	  	 	 	10,031	  	 	 	18	  	 	 	9,678	  	 	 	18	  	 	 	9,232	  	 	 	17	  	
Due after ten years	 	 	22,139	  	 	 	38	  	 	 	22,252	  	 	 	39	  	 	 	20,420	  	 	 	36	  	 	 	20,086	  	 	 	37	  	 	 	20,207	  	 	 	37	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 	 	46,592	  	 	 	80	  	 	 	46,756	  	 	 	81	  	 	 	45,411	  	 	 	81	  	 	 	44,391	  	 	 	81	  	 	 	44,569	  	 	 	81	  	
Mortgage and asset-backed securities	 	 	11,703	  	 	 	20	  	 	 	11,060	  	 	 	19	  	 	 	10,810	  	 	 	19	  	 	 	10,607	  	 	 	19	  	 	 	10,614	  	 	 	19	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total fixed maturity securities	 	$	58,295	  	 	 	100	% 	 	$	57,816	  	 	 	100	% 	 	$	56,221	  	 	 	100	% 	 	$	54,998	  	 	 	100	% 	 	$	55,183	  	 	 	100	% 	

 
69

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Commercial Mortgage Loans Summary
(amounts in millions)

 	 	December 31, 2011	 	 	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	 	December 31, 2010	 	
 	 	Carrying
Amount	 	 	% of
Total	 	 	Carrying
Amount	 	 	% of
Total	 	 	Carrying
Amount	 	 	% of
Total	 	 	Carrying
Amount	 	 	% of
Total	 	 	Carrying
Amount	 	 	% of
Total	 	
Geographic Region	 				 			 	 				 				 				 				 				 				 				 				
South Atlantic	 	$	1,631	  	 	 	27	% 	 	$	1,624	  	 	 	27	% 	 	$	1,624	  	 	 	25	% 	 	$	1,577	  	 	 	24	% 	 	$	1,583	  	 	 	23	% 	
Pacific	 	 	1,539	  	 	 	25	  	 	 	1,598	  	 	 	25	  	 	 	1,615	  	 	 	25	  	 	 	1,746	  	 	 	26	  	 	 	1,769	  	 	 	26	  	
Middle Atlantic	 	 	734	  	 	 	12	  	 	 	810	  	 	 	13	  	 	 	865	  	 	 	13	  	 	 	880	  	 	 	13	  	 	 	937	  	 	 	14	  	
East North Central	 	 	557	  	 	 	9	  	 	 	568	  	 	 	9	  	 	 	577	  	 	 	9	  	 	 	603	  	 	 	9	  	 	 	612	  	 	 	9	  	
Mountain	 	 	497	  	 	 	8	  	 	 	500	  	 	 	8	  	 	 	516	  	 	 	8	  	 	 	527	  	 	 	8	  	 	 	540	  	 	 	8	  	
New England	 	 	388	  	 	 	6	  	 	 	390	  	 	 	6	  	 	 	422	  	 	 	7	  	 	 	480	  	 	 	7	  	 	 	482	  	 	 	7	  	
West North Central	 	 	337	  	 	 	5	  	 	 	344	  	 	 	5	  	 	 	349	  	 	 	5	  	 	 	355	  	 	 	5	  	 	 	369	  	 	 	6	  	
West South Central	 	 	298	  	 	 	5	  	 	 	329	  	 	 	5	  	 	 	348	  	 	 	5	  	 	 	305	  	 	 	5	  	 	 	297	  	 	 	4	  	
East South Central	 	 	159	  	 	 	3	  	 	 	158	  	 	 	2	  	 	 	169	  	 	 	3	  	 	 	181	  	 	 	3	  	 	 	183	  	 	 	3	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 	 	6,140	  	 	 	100	% 	 	 	6,321	  	 	 	100	% 	 	 	6,485	  	 	 	100	% 	 	 	6,654	  	 	 	100	% 	 	 	6,772	  	 	 	100	% 	
	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	
Allowance for losses	 	 	(51	) 	 			 	 	 	(54	) 	 				 	 	(57	) 	 				 	 	(58	) 	 				 	 	(59	) 	 				
Unamortized fees and costs	 	 	3	  	 			 	 	 	4	  	 				 	 	4	  	 				 	 	4	  	 				 	 	5	  	 				
	 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	 	$	6,092	  	 			 	 	$	6,271	  	 				 	$	6,432	  	 				 	$	6,600	  	 				 	$	6,718	  	 				
	 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Property Type	 				 			 	 				 				 				 				 				 				 				 				
Retail	 	$	1,898	  	 	 	31	% 	 	$	1,889	  	 	 	30	% 	 	$	1,912	  	 	 	30	% 	 	$	1,976	  	 	 	30	% 	 	$	1,974	  	 	 	29	% 	
Industrial	 	 	1,707	  	 	 	28	  	 	 	1,736	  	 	 	28	  	 	 	1,753	  	 	 	27	  	 	 	1,745	  	 	 	26	  	 	 	1,788	  	 	 	26	  	
Office	 	 	1,590	  	 	 	26	  	 	 	1,647	  	 	 	26	  	 	 	1,757	  	 	 	27	  	 	 	1,822	  	 	 	27	  	 	 	1,850	  	 	 	27	  	
Apartments	 	 	641	  	 	 	10	  	 	 	708	  	 	 	11	  	 	 	718	  	 	 	11	  	 	 	700	  	 	 	11	  	 	 	725	  	 	 	11	  	
Mixed use/other	 	 	304	  	 	 	5	  	 	 	341	  	 	 	5	  	 	 	345	  	 	 	5	  	 	 	411	  	 	 	6	  	 	 	435	  	 	 	7	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 	 	6,140	  	 	 	100	% 	 	 	6,321	  	 	 	100	% 	 	 	6,485	  	 	 	100	% 	 	 	6,654	  	 	 	100	% 	 	 	6,772	  	 	 	100	% 	
	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	
Allowance for losses	 	 	(51	) 	 			 	 	 	(54	) 	 				 	 	(57	) 	 				 	 	(58	) 	 				 	 	(59	) 	 				
Unamortized fees and costs	 	 	3	  	 			 	 	 	4	  	 				 	 	4	  	 				 	 	4	  	 				 	 	5	  	 				
	 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	 	$	6,092	  	 			 	 	$	6,271	  	 				 	$	6,432	  	 				 	$	6,600	  	 				 	$	6,718	  	 				
	 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Allowance for Losses on Commercial Mortgage Loans	 				 			 	 				 				 				 				 				 				 				 				
Beginning balance	 	$	54	  	 			 	 	$	57	  	 				 	$	58	  	 				 	$	59	  	 				 	$	62	  	 				
Provision	 	 	—  	  	 			 	 	 	—  	  	 				 	 	3	  	 				 	 	—  	  	 				 	 	7	  	 				
Release	 	 	(3	) 	 			 	 	 	(3	) 	 				 	 	(4	) 	 				 	 	(1	) 	 				 	 	(10	) 	 				
	 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Ending balance	 	$	51	  	 			 	 	$	54	  	 				 	$	57	  	 				 	$	58	  	 				 	$	59	  	 				

 
70

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Commercial Mortgage Loans Summary
(amounts in millions)

 	  	December 31, 2011	 	 	September 30, 2011	 	 	June 30, 2011	 	 	March 31, 2011	 	 	December 31, 2010	 	
Loan Size	  	Principal
Balance	 	  	% of
Total	 	 	Principal
Balance	 	  	% of
Total	 	 	Principal
Balance	 	  	% of
Total	 	 	Principal
Balance	 	 	% of
Total	 	 	Principal
Balance	 	 	% of
Total	 	
Under $5 million	  	$	2,698	  	  	 	44	% 	 	$	2,810	  	  	 	45	% 	 	$	2,883	  	  	 	44	% 	 	$	2,851	  	 	 	43	% 	 	$	2,881	  	 	 	43	% 	
$5 million but less than $10 million	  	 	1,540	  	  	 	25	  	 	 	1,600	  	  	 	25	  	 	 	1,597	  	  	 	25	  	 	 	1,546	  	 	 	23	  	 	 	1,576	  	 	 	23	  	
$10 million but less than $20 million	  	 	1,161	  	  	 	19	  	 	 	1,199	  	  	 	19	  	 	 	1,168	  	  	 	18	  	 	 	1,215	  	 	 	18	  	 	 	1,234	  	 	 	18	  	
$20 million but less than $30 million	  	 	225	  	  	 	4	  	 	 	305	  	  	 	5	  	 	 	350	  	  	 	5	  	 	 	296	  	 	 	5	  	 	 	299	  	 	 	4	  	
$30 million and over	  	 	516	  	  	 	8	  	 	 	407	  	  	 	6	  	 	 	487	  	  	 	8	  	 	 	747	  	 	 	11	  	 	 	786	  	 	 	12	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	  	 	6,140	  	  	 	100	% 	 	 	6,321	  	  	 	100	% 	 	 	6,485	  	  	 	100	% 	 	 	6,655	  	 	 	100	% 	 	 	6,776	  	 	 	100	% 	
	  				  	 	 	 	 				  	 	 	 	 				  	 	 	 	 				 	 	 	 	 				 	 	 	 	
Net premium/discount	  	 	—  	  	  			 	 	 	—  	  	  				 	 	—  	  	  				 	 	(1	) 	 				 	 	(4	) 	 				
	  	 	 	 	  			 	 	 	 	 	  				 	 	 	 	  				 	 	 	 	 				 	 	 	 	 				
Total	  	$	6,140	  	  			 	 	$	6,321	  	  				 	$	6,485	  	  				 	$	6,654	  	 				 	$	6,772	  	 				

Commercial Mortgage Loan Information by Vintage as of December 31, 2011
(loan amounts in millions)

Loan Year	  	Total
Recorded
Investment (1) 	 	  	Number of
Loans	 	  	Average Balance
Per Loan	 	  	Loan-To-Value (2) 	 	 	Delinquent
Principal
Balance	 	  	Number of
Delinquent
Loans	 	  	Average
Balance Per
Delinquent Loan	 	
2004 and prior	  	$	1,805	  	  	 	792	  	  	$	2	  	  	 	49	% 	 	$	19	  	  	 	2	  	  	$	10	  	
2005	  	 	1,366	  	  	 	302	  	  	$	5	  	  	 	63	% 	 	 	3	  	  	 	1	  	  	$	3	  	
2006	  	 	1,208	  	  	 	268	  	  	$	5	  	  	 	71	% 	 	 	—  	  	  	 	—  	  	  	$	—	  	
2007	  	 	1,099	  	  	 	180	  	  	$	6	  	  	 	75	% 	 	 	—  	  	  	 	—  	  	  	$	—	  	
2008	  	 	267	  	  	 	56	  	  	$	5	  	  	 	75	% 	 	 	—  	  	  	 	—  	  	  	$	—	  	
2009	  	 	—  	  	  	 	—  	  	  	$	—  	  	  	 	—  	% 	 	 	—  	  	  	 	—  	  	  	$	—	  	
2010	  	 	101	  	  	 	17	  	  	$	6	  	  	 	63	% 	 	 	—  	  	  	 	—  	  	  	$	—	  	
2011	  	 	294	  	  	 	55	  	  	$	5	  	  	 	65	% 	 	 	—  	  	  	 	—  	  	  	$	—	  	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				
Total	  	$	6,140	  	  	 	1,670	  	  	$	4	  	  	 	63	% 	 	$	22	  	  	 	3	  	  	$	8	  	

(1)  	Total recorded investment reflects the balance sheet carrying value gross of related allowance and the unamortized balance of loan origination fees and costs.	
(2)  	Represents weighted-average loan-to-value as of December 31, 2011.	
 
71

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
General Account GAAP Net Investment Income Yields
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
GAAP Net Investment Income	  			 	 				 				 				 				 				 				 				 				 				
Fixed maturity securities—taxable	  	$	665	  	 	$	669	  	 	$	693	  	 	$	670	  	 	$	2,697	  	 	$	689	  	 	$	658	  	 	$	646	  	 	$	626	  	 	$	2,619	  	
Fixed maturity securities—non-taxable	  	 	6	  	 	 	8	  	 	 	10	  	 	 	11	  	 	 	35	  	 	 	13	  	 	 	14	  	 	 	16	  	 	 	16	  	 	 	59	  	
Commercial mortgage loans	  	 	92	  	 	 	89	  	 	 	92	  	 	 	92	  	 	 	365	  	 	 	93	  	 	 	95	  	 	 	99	  	 	 	104	  	 	 	391	  	
Restricted commercial mortgage loans related to securitization entities	  	 	10	  	 	 	11	  	 	 	9	  	 	 	10	  	 	 	40	  	 	 	9	  	 	 	10	  	 	 	10	  	 	 	10	  	 	 	39	  	
Equity securities	  	 	3	  	 	 	3	  	 	 	10	  	 	 	3	  	 	 	19	  	 	 	3	  	 	 	4	  	 	 	5	  	 	 	2	  	 	 	14	  	
Other invested assets	  	 	36	  	 	 	31	  	 	 	38	  	 	 	30	  	 	 	135	  	 	 	32	  	 	 	23	  	 	 	29	  	 	 	32	  	 	 	116	  	
Limited partnerships	  	 	(5	) 	 	 	11	  	 	 	17	  	 	 	4	  	 	 	27	  	 	 	11	  	 	 	1	  	 	 	10	  	 	 	(34	) 	 	 	(12	) 	
Restricted other invested assets related to securitization entities	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	2	  	
Policy loans	  	 	31	  	 	 	30	  	 	 	30	  	 	 	29	  	 	 	120	  	 	 	29	  	 	 	28	  	 	 	28	  	 	 	27	  	 	 	112	  	
Cash, cash equivalents and short-term investments	  	 	13	  	 	 	12	  	 	 	6	  	 	 	6	  	 	 	37	  	 	 	6	  	 	 	6	  	 	 	4	  	 	 	5	  	 	 	21	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Gross investment income before expenses and fees	  	 	851	  	 	 	864	  	 	 	905	  	 	 	855	  	 	 	3,475	  	 	 	885	  	 	 	840	  	 	 	847	  	 	 	789	  	 	 	3,361	  	
Expenses and fees	  	 	(24	) 	 	 	(22	) 	 	 	(24	) 	 	 	(25	) 	 	 	(95	) 	 	 	(22	) 	 	 	(25	) 	 	 	(24	) 	 	 	(24	) 	 	 	(95	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net investment income	  	$	827	  	 	$	842	  	 	$	881	  	 	$	830	  	 	$	3,380	  	 	$	863	  	 	$	815	  	 	$	823	  	 	$	765	  	 	$	3,266	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Annualized Yields	  			 	 				 				 				 				 				 				 				 				 				
Fixed maturity securities—taxable	  	 	4.9	% 	 	 	5.0	% 	 	 	5.2	% 	 	 	5.0	% 	 	 	5.0	% 	 	 	5.2	% 	 	 	5.0	% 	 	 	5.0	% 	 	 	4.9	% 	 	 	5.0	% 	
Fixed maturity securities—non-taxable	  	 	3.6	% 	 	 	3.8	% 	 	 	4.1	% 	 	 	4.2	% 	 	 	4.0	% 	 	 	4.2	% 	 	 	4.3	% 	 	 	4.3	% 	 	 	4.3	% 	 	 	4.3	% 	
Commercial mortgage loans	  	 	6.0	% 	 	 	5.6	% 	 	 	5.6	% 	 	 	5.5	% 	 	 	5.7	% 	 	 	5.5	% 	 	 	5.4	% 	 	 	5.5	% 	 	 	5.8	% 	 	 	5.6	% 	
Restricted commercial mortgage loans related to securitization entities	  	 	9.5	% 	 	 	10.1	% 	 	 	7.8	% 	 	 	7.6	% 	 	 	8.8	% 	 	 	7.3	% 	 	 	7.6	% 	 	 	7.3	% 	 	 	7.3	% 	 	 	7.4	% 	
Equity securities	  	 	3.4	% 	 	 	3.4	% 	 	 	11.7	% 	 	 	3.2	% 	 	 	5.4	% 	 	 	4.0	% 	 	 	6.8	% 	 	 	11.8	% 	 	 	6.6	% 	 	 	6.7	% 	
Other invested assets	  	 	14.3	% 	 	 	13.4	% 	 	 	15.8	% 	 	 	11.7	% 	 	 	13.6	% 	 	 	12.1	% 	 	 	13.3	% 	 	 	17.3	% 	 	 	15.0	% 	 	 	14.0	% 	
Limited partnerships (1)	  	 	-5.7	% 	 	 	12.6	% 	 	 	19.9	% 	 	 	5.1	% 	 	 	7.8	% 	 	 	12.3	% 	 	 	1.0	% 	 	 	10.6	% 	 	 	-34.0	% 	 	 	-3.4	% 	
Restricted other invested assets related to securitization entities	  	 	0.0	% 	 	 	0.2	% 	 	 	0.2	% 	 	 	0.3	% 	 	 	0.0	% 	 	 	0.3	% 	 	 	0.3	% 	 	 	0.3	% 	 	 	1.0	% 	 	 	0.5	% 	
Policy loans	  	 	8.0	% 	 	 	7.7	% 	 	 	7.9	% 	 	 	8.0	% 	 	 	7.9	% 	 	 	8.0	% 	 	 	7.6	% 	 	 	7.7	% 	 	 	7.7	% 	 	 	7.8	% 	
Cash, cash equivalents and short-term investments	  	 	1.2	% 	 	 	1.4	% 	 	 	0.7	% 	 	 	0.7	% 	 	 	1.0	% 	 	 	0.7	% 	 	 	0.5	% 	 	 	0.3	% 	 	 	0.4	% 	 	 	0.5	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Gross investment income before expenses and fees	  	 	4.9	% 	 	 	5.0	% 	 	 	5.3	% 	 	 	5.0	% 	 	 	5.0	% 	 	 	5.1	% 	 	 	4.8	% 	 	 	4.9	% 	 	 	4.6	% 	 	 	4.9	% 	
Expenses and fees	  	 	-0.1	% 	 	 	-0.1	% 	 	 	-0.2	% 	 	 	-0.2	% 	 	 	-0.1	% 	 	 	-0.1	% 	 	 	-0.1	% 	 	 	-0.1	% 	 	 	-0.2	% 	 	 	-0.1	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net investment income	  	 	4.8	% 	 	 	4.9	% 	 	 	5.1	% 	 	 	4.8	% 	 	 	4.9	% 	 	 	5.0	% 	 	 	4.7	% 	 	 	4.8	% 	 	 	4.4	% 	 	 	4.8	% 	

Yields for fixed maturity securities and equity securities are based on amortized cost and cost, respectively. Yields for securities lending activity, which is included in other invested assets, are calculated net of the corresponding securities lending liability.

(1)  	Limited partnership investments are equity-based and do not have fixed returns by period.	
 
72

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail
(amounts in millions)

 	  	2011	 	 	2010	 	
 	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Net realized gains (losses) on available-for-sale securities:	  			 	  				 				 				 				 				 				 				 				 				
Fixed maturity securities:	  			 	  				 				 				 				 				 				 				 				 				
U.S. corporate	  	$	15	  	  	$	4	  	 	$	1	  	 	$	(3	) 	 	$	17	  	 	$	(1	) 	 	$	3	  	 	$	4	  	 	$	(6	) 	 	$	—  	  	
U.S. government, agencies and government-sponsored enterprises	  	 	5	  	  	 	1	  	 	 	—  	  	 	 	3	  	 	 	9	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	(4	) 	 	 	(3	) 	
Foreign corporate	  	 	(3	) 	  	 	17	  	 	 	(8	) 	 	 	(1	) 	 	 	5	  	 	 	2	  	 	 	3	  	 	 	16	  	 	 	2	  	 	 	23	  	
Foreign government	  	 	1	  	  	 	3	  	 	 	2	  	 	 	—  	  	 	 	6	  	 	 	(3	) 	 	 	3	  	 	 	—  	  	 	 	(2	) 	 	 	(2	) 	
Tax-exempt	  	 	7	  	  	 	1	  	 	 	(1	) 	 	 	—  	  	 	 	7	  	 	 	2	  	 	 	(2	) 	 	 	(3	) 	 	 	4	  	 	 	1	  	
Mortgage-backed securities	  	 	(8	) 	  	 	(2	) 	 	 	(1	) 	 	 	(2	) 	 	 	(13	) 	 	 	(1	) 	 	 	(7	) 	 	 	(5	) 	 	 	(3	) 	 	 	(16	) 	
Asset-backed securities	  	 	(1	) 	  	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(2	) 	 	 	(6	) 	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	 	 	(8	) 	
Equity securities	  	 	2	  	  	 	—  	  	 	 	1	  	 	 	2	  	 	 	5	  	 	 	7	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	8	  	
Foreign exchange	  	 	(1	) 	  	 	(1	) 	 	 	1	  	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	1	  	 	 	(1	) 	 	 	—  	  	 	 	—  	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total net realized gains (losses) on available-for-sale securities	  	 	17	  	  	 	23	  	 	 	(6	) 	 	 	(1	) 	 	 	33	  	 	 	—  	  	 	 	1	  	 	 	12	  	 	 	(10	) 	 	 	3	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Impairments:	  			 	  				 				 				 				 				 				 				 				 				
Sub-prime residential mortgage-backed securities	  	 	(2	) 	  	 	(1	) 	 	 	(3	) 	 	 	(6	) 	 	 	(12	) 	 	 	(5	) 	 	 	(3	) 	 	 	(1	) 	 	 	(16	) 	 	 	(25	) 	
Alt-A residential mortgage-backed securities	  	 	(3	) 	  	 	(2	) 	 	 	(2	) 	 	 	(4	) 	 	 	(11	) 	 	 	(4	) 	 	 	(9	) 	 	 	(13	) 	 	 	(8	) 	 	 	(34	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total sub-prime and Alt-A residential mortgage-backed securities	  	 	(5	) 	  	 	(3	) 	 	 	(5	) 	 	 	(10	) 	 	 	(23	) 	 	 	(9	) 	 	 	(12	) 	 	 	(14	) 	 	 	(24	) 	 	 	(59	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Prime residential mortgage-backed securities	  	 	(1	) 	  	 	(3	) 	 	 	(2	) 	 	 	(3	) 	 	 	(9	) 	 	 	(2	) 	 	 	(4	) 	 	 	(3	) 	 	 	(6	) 	 	 	(15	) 	
Other asset-backed securities	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(9	) 	 	 	(10	) 	 	 	(19	) 	
Other mortgage-backed securities	  	 	(3	) 	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(3	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Commercial mortgage-backed securities	  	 	(3	) 	  	 	(1	) 	 	 	(4	) 	 	 	—  	  	 	 	(8	) 	 	 	(1	) 	 	 	(2	) 	 	 	(1	) 	 	 	(1	) 	 	 	(5	) 	
Corporate fixed maturity securities	  	 	—  	  	  	 	(27	) 	 	 	—  	  	 	 	(9	) 	 	 	(36	) 	 	 	(10	) 	 	 	(6	) 	 	 	—  	  	 	 	(3	) 	 	 	(19	) 	
Financial hybrid securities	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(4	) 	 	 	(4	) 	
Limited partnerships	  	 	—  	  	  	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	—  	  	 	 	(2	) 	 	 	(4	) 	 	 	(6	) 	
Commercial mortgage loans	  	 	—  	  	  	 	—  	  	 	 	(4	) 	 	 	(1	) 	 	 	(5	) 	 	 	(2	) 	 	 	(1	) 	 	 	(3	) 	 	 	—  	  	 	 	(6	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total impairments	  	 	(12	) 	  	 	(34	) 	 	 	(16	) 	 	 	(23	) 	 	 	(85	) 	 	 	(24	) 	 	 	(25	) 	 	 	(32	) 	 	 	(52	) 	 	 	(133	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net unrealized gains (losses) on trading securities	  	 	(6	) 	  	 	7	  	 	 	9	  	 	 	7	  	 	 	17	  	 	 	(4	) 	 	 	14	  	 	 	(2	) 	 	 	4	  	 	 	12	  	
Derivative instruments	  	 	2	  	  	 	(50	) 	 	 	(10	) 	 	 	(6	) 	 	 	(64	) 	 	 	1	  	 	 	61	  	 	 	(25	) 	 	 	(5	) 	 	 	32	  	
Bank loans	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(1	) 	 	 	1	  	 	 	4	  	 	 	3	  	 	 	7	  	
Limited partnerships	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(1	) 	 	 	(2	) 	 	 	(1	) 	 	 	(4	) 	
Commercial mortgage loans held-for-sale market valuation allowance	  	 	2	  	  	 	2	  	 	 	1	  	 	 	(1	) 	 	 	4	  	 	 	1	  	 	 	(4	) 	 	 	(13	) 	 	 	(3	) 	 	 	(19	) 	
Contingent purchase price valuation change	  	 	(1	) 	  	 	(15	) 	 	 	(1	) 	 	 	—  	  	 	 	(17	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Net gains (losses) related to securitization entities	  	 	3	  	  	 	(37	) 	 	 	(3	) 	 	 	6	  	 	 	(31	) 	 	 	2	  	 	 	20	  	 	 	(31	) 	 	 	7	  	 	 	(2	) 	
Other	  	 	(1	) 	  	 	1	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	11	  	 	 	11	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net investment gains (losses), net of taxes	  	 	4	  	  	 	(103	) 	 	 	(26	) 	 	 	(18	) 	 	 	(143	) 	 	 	(25	) 	 	 	67	  	 	 	(89	) 	 	 	(46	) 	 	 	(93	) 	
Adjustment for DAC and other intangible amortization and certain benefit reserves, net of taxes	  	 	(3	) 	  	 	29	  	 	 	4	  	 	 	3	  	 	 	33	  	 	 	(1	) 	 	 	(12	) 	 	 	13	  	 	 	5	  	 	 	5	  	
Adjustment for net investment (gains) losses attributable to noncontrolling interests, net of taxes	  	 	—  	  	  	 	(1	) 	 	 	—  	  	 	 	(1	) 	 	 	(2	) 	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	 	 	(2	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net investment gains (losses), net of taxes and other adjustments	  	$	1	  	  	$	(75	) 	 	$	(22	) 	 	$	(16	) 	 	$	(112	) 	 	$	(26	) 	 	$	54	  	 	$	(76	) 	 	$	(42	) 	 	$	(90	) 	

 
73

Reconciliations of Non-GAAP Measures
 
74

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Reconciliation of Operating ROE
(amounts in millions)

   	  	Twelve months ended	 	
Twelve Month Rolling Average ROE	  	December 31,
2011	 	 	September 30,
2011	 	 	June 30,
2011	 	 	March 31,
2011	 	 	December 31,
2010	 	
GAAP Basis ROE	  				 				 				 				 				
Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the twelve months ended (1)	  	$	122	  	 	$	(146	) 	 	$	(92	) 	 	$	46	  	 	$	142	  	
Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) (2)	  	$	12,424	  	 	$	12,424	  	 	$	12,463	  	 	$	12,498	  	 	$	12,494	  	
GAAP Basis ROE (1)  divided by (2)	  	 	1.0	% 	 	 	-1.2	% 	 	 	-0.7	% 	 	 	0.4	% 	 	 	1.1	% 	
						
Operating ROE	  				 				 				 				 				
Net operating income (loss) for the twelve months ended (1)	  	$	214	  	 	$	(7	) 	 	$	(82	) 	 	$	110	  	 	$	126	  	
Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) (2)	  	$	12,424	  	 	$	12,424	  	 	$	12,463	  	 	$	12,498	  	 	$	12,494	  	
Operating ROE (1)  divided by (2)	  	 	1.7	% 	 	 	-0.1	% 	 	 	-0.7	% 	 	 	0.9	% 	 	 	1.0	% 	
		
   	  	Three months ended	 	
Quarterly Average ROE	  	December 31,
2011	 	 	September 30,
2011	 	 	June 30,
2011	 	 	March 31,
2011	 	 	December 31,
2010	 	
GAAP Basis ROE	  				 				 				 				 				
Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the period ended (3)	  	$	107	  	 	$	29	  	 	$	(96	) 	 	$	82	  	 	$	(161	) 	
Average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding accumulated other comprehensive income (loss) (4)	  	$	12,463	  	 	$	12,388	  	 	$	12,414	  	 	$	12,413	  	 	$	12,444	  	
Annualized GAAP Quarterly Basis ROE (3)  divided by (4)	  	 	3.4	% 	 	 	0.9	% 	 	 	-3.1	% 	 	 	2.6	% 	 	 	-5.2	% 	
						
Operating ROE	  				 				 				 				 				
Net operating income (loss) for the period ended (3)	  	$	86	  	 	$	104	  	 	$	(74	) 	 	$	98	  	 	$	(135	) 	
Quarterly average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding accumulated other comprehensive income (loss) (4)	  	$	12,463	  	 	$	12,388	  	 	$	12,414	  	 	$	12,413	  	 	$	12,444	  	
Annualized Operating Quarterly Basis ROE (3)  divided by (4)	  	 	2.8	% 	 	 	3.4	% 	 	 	-2.4	% 	 	 	3.2	% 	 	 	-4.3	% 	
Non-GAAP Definition for Operating ROE
The company references the non-GAAP financial measure entitled “operating return on equity” or “operating ROE.” The company defines operating ROE as net operating income (loss) divided by average ending Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) in average ending Genworth Financial, Inc.’s stockholders equity. Management believes that analysis of operating ROE enhances understanding of the efficiency with which the company deploys its capital. However, operating ROE as defined by the company should not be viewed as a substitute for GAAP net income (loss) available to Genworth Financial, Inc.’s common stockholders divided by average ending Genworth Financial, Inc.’s stockholders’ equity.

(1)  	The twelve months ended information is derived by adding the four quarters of net income (loss) available to Genworth Financial, Inc.’s common stockholders and net operating income (loss) from page 10 herein.	
(2)  	Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss), is derived by averaging ending Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) for the most recent five quarters.	
(3)  	Net income (loss) available to Genworth Financial, Inc.’s common stockholders and net operating income (loss) from page 10 herein.	
(4)  	Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss), is derived by averaging ending Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss).	
 
75

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Reconciliation of Expense Ratio
(amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
GAAP Basis Expense Ratio	 			 	 				 				 				 				 				 				 				 				 				
Acquisition and operating expenses, net of deferrals (1)	 	$	508	  	 	$	510	  	 	$	514	  	 	$	500	  	 	$	2,032	  	 	$	519	  	 	$	472	  	 	$	499	  	 	$	475	  	 	$	1,965	  	
Total revenues (2)	 	$	2,600	  	 	$	2,521	  	 	$	2,655	  	 	$	2,568	  	 	$	10,344	  	 	$	2,591	  	 	$	2,667	  	 	$	2,410	  	 	$	2,421	  	 	$	10,089	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Expense ratio (1)  divided by (2)	 	 	19.5	% 	 	 	20.2	% 	 	 	19.4	% 	 	 	19.5	% 	 	 	19.6	% 	 	 	20.0	% 	 	 	17.7	% 	 	 	20.7	% 	 	 	19.6	% 	 	 	19.5	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
GAAP Basis, As Adjusted—Expense Ratio	 			 	 				 				 				 				 				 				 				 				 				
Acquisition and operating expenses, net of deferrals	 	$	508	  	 	$	510	  	 	$	514	  	 	$	500	  	 	$	2,032	  	 	$	519	  	 	$	472	  	 	$	499	  	 	$	475	  	 	$	1,965	  	
Less lifestyle protection insurance business	 	 	134	  	 	 	137	  	 	 	151	  	 	 	148	  	 	 	570	  	 	 	143	  	 	 	139	  	 	 	157	  	 	 	154	  	 	 	593	  	
Less wealth management business	 	 	93	  	 	 	95	  	 	 	92	  	 	 	92	  	 	 	372	  	 	 	76	  	 	 	73	  	 	 	72	  	 	 	66	  	 	 	287	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Adjusted acquisition and operating expenses, net of deferrals (3)	 	$	281	  	 	$	278	  	 	$	271	  	 	$	260	  	 	$	1,090	  	 	$	300	  	 	$	260	  	 	$	270	  	 	$	255	  	 	$	1,085	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	$	2,600	  	 	$	2,521	  	 	$	2,655	  	 	$	2,568	  	 	$	10,344	  	 	$	2,591	  	 	$	2,667	  	 	$	2,410	  	 	$	2,421	  	 	$	10,089	  	
Less lifestyle protection insurance business	 	 	226	  	 	 	245	  	 	 	281	  	 	 	270	  	 	 	1,022	  	 	 	259	  	 	 	258	  	 	 	284	  	 	 	311	  	 	 	1,112	  	
Less wealth management business	 	 	114	  	 	 	115	  	 	 	114	  	 	 	110	  	 	 	453	  	 	 	93	  	 	 	89	  	 	 	89	  	 	 	81	  	 	 	352	  	
Less net investment gains (losses)	 	 	7	  	 	 	(155	) 	 	 	(41	) 	 	 	(30	) 	 	 	(219	) 	 	 	(38	) 	 	 	103	  	 	 	(141	) 	 	 	(72	) 	 	 	(148	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Adjusted total revenues (4)	 	$	2,253	  	 	$	2,316	  	 	$	2,301	  	 	$	2,218	  	 	$	9,088	  	 	$	2,277	  	 	$	2,217	  	 	$	2,178	  	 	$	2,101	  	 	$	8,773	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Adjusted expense ratio (3) divided by (4)	 	 	12.5	% 	 	 	12.0	% 	 	 	11.8	% 	 	 	11.7	% 	 	 	12.0	% 	 	 	13.2	% 	 	 	11.7	% 	 	 	12.4	% 	 	 	12.1	% 	 	 	12.4	% 	

Non-GAAP Definition for Expense Ratio
The company references the non-GAAP financial measure entitled “expense ratio” as a measure of productivity. The company defines expense ratio as acquisition and operating expenses, net of deferrals, divided by total revenues, excluding the effects of the company’s lifestyle protection insurance and wealth management businesses. The lifestyle protection insurance and wealth management businesses are excluded from this ratio as their expense bases are comprised of varying levels of non-deferrable acquisition costs. Management believes that the expense ratio analysis enhances understanding of the productivity of the company. However, the expense ratio as defined by the company should not be viewed as a substitute for GAAP acquisition and operating expenses, net of deferrals, divided by total revenues.
 
76

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Reconciliation of Core Premiums
(amounts in millions)

 	 	2011	 	 	2010	 	
 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Reported premiums	 	$	1,352	  	 	$	1,461	  	 	$	1,455	  	 	$	1,437	  	 	$	5,705	  	 	$	1,467	  	 	$	1,447	  	 	$	1,470	  	 	$	1,470	  	 	$	5,854	  	
Less U.S. Life Insurance—fixed annuities premiums	 	 	33	  	 	 	22	  	 	 	20	  	 	 	20	  	 	 	95	  	 	 	45	  	 	 	42	  	 	 	32	  	 	 	36	  	 	 	155	  	
Less impact of changes in foreign exchange rates	 	 	7	  	 	 	54	  	 	 	44	  	 	 	10	  	 	 	115	  	 	 	(7	) 	 	 	(11	) 	 	 	25	  	 	 	68	  	 	 	75	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Core premiums	 	$	1,312	  	 	$	1,385	  	 	$	1,391	  	 	$	1,407	  	 	$	5,495	  	 	$	1,429	  	 	$	1,416	  	 	$	1,413	  	 	$	1,366	  	 	$	5,624	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Reported premium percentage change from prior year	 	 	-7.8	% 	 	 	1.0	% 	 	 	-1.0	% 	 	 	-2.2	% 	 	 	-2.5	% 	 	 	-3.7	% 	 	 	-3.0	% 	 	 	-2.1	% 	 	 	-2.1	% 	 	 	-2.7	% 	
Core premium percentage change from prior year	 	 	-8.2	% 	 	 	-2.2	% 	 	 	-1.6	% 	 	 	3.0	% 	 	 	-2.3	% 	 	 	1.3	% 	 	 	-5.9	% 	 	 	-9.2	% 	 	 	-13.3	% 	 	 	-7.0	% 	
Non-GAAP Definition for Core Premiums
The company references the non-GAAP financial measure entitled “core premiums” as a measure of premium growth. The company defines core premiums as earned premiums less premiums from the U.S. Life Insurance - fixed annuities business and the impact of changes in foreign exchange rates. The fixed annuities premiums are excluded in this measure primarily because these are single premiums and are not an indication of future premiums. The impact of changes in foreign exchange rates are excluded in this measure to present periods on a comparable exchange rate. Management believes that analysis of core premiums enhances understanding of premium growth of the company. However, core premiums as defined by the company should not be viewed as a substitute for GAAP earned premiums.
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Reconciliation of Core Yield

 	 	 	  	2011	 	 	2010	 	
   	 	(Assets—amounts in billions)	  	4Q	 	  	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
	 	Reported—Total Invested Assets and Cash	  	$	76.4	  	  	$	76.1	  	 	$	71.5	  	 	$	71.8	  	 	$	76.4	  	 	$	71.6	  	 	$	74.8	  	 	$	71.8	  	 	$	69.3	  	 	$	71.6	  	
	 	Subtract:	  			 	  				 				 				 				 				 				 				 				 				
	 	Securities lending	  	 	0.4	  	  	 	0.2	  	 	 	0.6	  	 	 	0.8	  	 	 	0.4	  	 	 	0.8	  	 	 	0.7	  	 	 	0.7	  	 	 	0.6	  	 	 	0.8	  	
	 	Unrealized gains (losses)	  	 	5.0	  	  	 	5.7	  	 	 	1.7	  	 	 	1.2	  	 	 	5.0	  	 	 	1.3	  	 	 	3.8	  	 	 	1.7	  	 	 	(0.9	) 	 	 	1.3	  	
	 	Derivative counterparty collateral	  	 	1.0	  	  	 	1.7	  	 	 	0.7	  	 	 	0.7	  	 	 	1.0	  	 	 	0.8	  	 	 	1.6	  	 	 	1.1	  	 	 	0.6	  	 	 	0.8	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	Adjusted end of period invested assets	  	$	70.0	  	  	$	68.5	  	 	$	68.5	  	 	$	69.1	  	 	$	70.0	  	 	$	68.7	  	 	$	68.7	  	 	$	68.3	  	 	$	69.0	  	 	$	68.7	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(A)	 	Average Invested Assets Used in Reported Yield Calculation	  	$	69.2	  	  	$	68.5	  	 	$	68.8	  	 	$	68.9	  	 	$	68.9	  	 	$	68.7	  	 	$	68.6	  	 	$	68.7	  	 	$	68.9	  	 	$	68.6	  	
	 	Subtract:	  			 	  				 				 				 				 				 				 				 				 				
	 	Restricted commercial mortgage loans and other invested assets related to securitization entities	  	 	0.4	  	  	 	0.4	  	 	 	0.5	  	 	 	0.5	  	 	 	0.5	  	 	 	0.5	  	 	 	0.5	  	 	 	0.5	  	 	 	0.6	  	 	 	0.6	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(B)	 	Average Invested Assets Used in Core Yield Calculation	  	 	68.8	  	  	 	68.1	  	 	 	68.3	  	 	 	68.4	  	 	 	68.4	  	 	 	68.2	  	 	 	68.1	  	 	 	68.2	  	 	 	68.3	  	 	 	68.0	  	
	 	Subtract:	  			 	  				 				 				 				 				 				 				 				 				
	 	Portfolios supporting floating products and non-recourse funding obligations (1)	  	 	7.9	  	  	 	8.1	  	 	 	8.3	  	 	 	8.6	  	 	 	8.2	  	 	 	9.1	  	 	 	9.4	  	 	 	9.3	  	 	 	9.3	  	 	 	9.2	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(C)	 	Average Invested Assets Used in Core Yield (excl. Floating and Non-Recourse Funding) Calculation	  	$	60.9	  	  	$	60.0	  	 	$	60.0	  	 	$	59.8	  	 	$	60.2	  	 	$	59.1	  	 	$	58.7	  	 	$	58.9	  	 	$	59.0	  	 	$	58.8	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	(Income—amounts in millions)	  			 	  				 				 				 				 				 				 				 				 				
		 										
(D)	 	Reported—Net Investment Income	  	$	827	  	  	$	842	  	 	$	881	  	 	$	830	  	 	$	3,380	  	 	$	863	  	 	$	815	  	 	$	823	  	 	$	765	  	 	$	3,266	  	
	 	Subtract:	  			 	  				 				 				 				 				 				 				 				 				
	 	Bond calls and commercial mortgage loan prepayments	  	 	10	  	  	 	8	  	 	 	16	  	 	 	8	  	 	 	42	  	 	 	13	  	 	 	8	  	 	 	—  	  	 	 	7	  	 	 	28	  	
	 	Reinsurance (2)	  	 	19	  	  	 	21	  	 	 	36	  	 	 	32	  	 	 	108	  	 	 	20	  	 	 	14	  	 	 	21	  	 	 	29	  	 	 	84	  	
	 	Other non-core items (3)	  	 	7	  	  	 	3	  	 	 	15	  	 	 	2	  	 	 	27	  	 	 	31	  	 	 	6	  	 	 	7	  	 	 	—  	  	 	 	44	  	
	 	Restricted commercial mortgage loans and other invested assets related to securitization entities	  	 	6	  	  	 	8	  	 	 	5	  	 	 	7	  	 	 	26	  	 	 	7	  	 	 	7	  	 	 	7	  	 	 	8	  	 	 	29	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(E)	 	Core Net Investment Income	  	 	785	  	  	 	802	  	 	 	809	  	 	 	781	  	 	 	3,177	  	 	 	792	  	 	 	780	  	 	 	788	  	 	 	721	  	 	 	3,081	  	
	 	Subtract:	  			 	  				 				 				 				 				 				 				 				 				
	 	Investment income from portfolios supporting floating products and non-recourse funding obligations (1)	  	 	35	  	  	 	33	  	 	 	37	  	 	 	34	  	 	 	139	  	 	 	33	  	 	 	34	  	 	 	28	  	 	 	2	  	 	 	97	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(F)	 	Core Net Investment Income (excl. Floating and Non-Recourse Funding)	  	$	750	  	  	$	769	  	 	$	772	  	 	$	747	  	 	$	3,038	  	 	$	759	  	 	$	746	  	 	$	760	  	 	$	719	  	 	$	2,984	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(D) /(A)	 	Reported Yield	  	 	4.78	% 	  	 	4.92	% 	 	 	5.12	% 	 	 	4.82	% 	 	 	4.91	% 	 	 	5.02	% 	 	 	4.75	% 	 	 	4.79	% 	 	 	4.44	% 	 	 	4.76	% 	
(E) /(B)	 	Core Yield	  	 	4.56	% 	  	 	4.71	% 	 	 	4.74	% 	 	 	4.57	% 	 	 	4.65	% 	 	 	4.65	% 	 	 	4.58	% 	 	 	4.62	% 	 	 	4.22	% 	 	 	4.52	% 	
(F) /(C)	 	Core Yield (excl. Floating and Non-Recourse Funding)	  	 	4.93	% 	  	 	5.13	% 	 	 	5.15	% 	 	 	5.00	% 	 	 	5.05	% 	 	 	5.14	% 	 	 	5.08	% 	 	 	5.16	% 	 	 	4.87	% 	 	 	5.07	% 	
 
Notes:	Columns may not add due to rounding.	
    	Yields have been annualized.	
Non-GAAP Definition for Core Yield
The company references the non-GAAP financial measure entitled “core yield” as a measure of investment yield. The company defines core yield as the investment yield adjusted for those items that are not recurring in nature. Management believes that analysis of core yield enhances understanding of the investment yield of the company. However, core yield as defined by the company should not be viewed as a substitute for GAAP investment yield.

(1)  	Floating products refer to institutional products and the non-recourse funding obligations that support certain term and universal life insurance reserves in the company’s life insurance business.	
(2)  	Represents imputed investment income related to reinsurance agreements in the lifestyle protection insurance business.	
(3)  	Includes mark-to-market adjustment on assets supporting executive deferred compensation and various other immaterial items.	
 
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Corporate Information
 
79

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Financial Strength Ratings
The company’s principal life insurance subsidiaries are rated in terms of financial strength by Standard & Poor’s Financial Services LLC (“S&P”), Moody’s Investors Service, Inc. (“Moody’s”), A.M. Best Company, Inc. (“A.M. Best”) and Fitch Ratings (“Fitch”) as follows:

Company	  	S&P	  	Moody’s	  	A.M. Best	  	Fitch	
Genworth Life Insurance Company	  	A	  	A2	  	A	  	A-	
Genworth Life Insurance Company (short-term rating)	  	A-1	  	P-1	  	Not rated	  	Not rated	
Genworth Life and Annuity Insurance Company	  	A	  	A2	  	A	  	A-	
Genworth Life and Annuity Insurance Company (short-term rating)	  	A-1	  	P-1	  	Not rated	  	Not rated	
Genworth Life Insurance Company of New York	  	A	  	A2	  	A	  	A-	
The company’s principal lifestyle protection insurance subsidiaries are rated in terms of financial strength by S&P as follows:

Company	  	S&P	  	 	  	 	  	 	
Financial Assurance Company Limited	  	A-	  		  		  		
Financial Insurance Company Limited	  	A-	  		  		  		
The company’s principal mortgage insurance subsidiaries are rated in terms of financial strength by S&P and Moody’s as follows:

Company	  	S&P	  	Moody’s	  	 	  	 	
Genworth Mortgage Insurance Corporation	  	B	  	Ba1	  		  		
Genworth Residential Mortgage Insurance Corporation of NC	  	B	  	Ba1	  		  		
Genworth Financial Mortgage Insurance Pty. Limited (Australia)	  	AA-	  	A1	  		  		
Genworth Financial Mortgage Insurance Limited (Europe)	  	BBB	  	Not rated	  		  		
Genworth Financial Mortgage Insurance Company Canada (1)	  	AA-	  	Not rated	  		  		
Genworth Seguros de Credito a la Vivienda S.A. de C.V.	  	mxAA	  	Aa3.mx	  		  		

(1)  	Genworth Financial Mortgage Insurance Company Canada is also rated “AA” by Dominion Bond Rating Service (“DBRS”).	
The S&P, Moody’s, A.M. Best, Fitch and DBRS ratings included are not designed to be, and do not serve as, measures of protection or valuation offered to investors. These financial strength ratings should not be relied on with respect to making an investment in the company’s securities.
 
80

GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FOURTH QUARTER 2011
 
Financial Strength Ratings (continued)
S&P states that an insurer rated “AA” (Very Strong) has very strong financial security characteristics that outweigh any vulnerabilities, and is highly likely to have the ability to meet financial commitments. Insurers rated “AA” (Very Strong), “A” (Strong), “BBB” (Good) or “B” (Weak) have very strong, strong, good, or weak financial security characteristics, respectively. The “AA,” “A”, “BBB” and “B” ranges are the second-, third-, fourth- and sixth-highest of nine financial strength rating ranges assigned by S&P, which range from “AAA” to “R.” A plus (+) or minus (-) shows relative standing in a rating category. These suffixes are not added to ratings in the “AAA” category or to ratings below the “CCC” category. Accordingly, the “AA-,” “A,” “A-,” “BBB” and “B” ratings are the fourth-, sixth-, seventh-, ninth- and fifteenth-highest of S&P’s 21 ratings categories. The short-term “A-1” rating is the highest rating and shows the capacity to meet financial commitments is strong. An obligor rated “mxAA” has a very strong capacity to meet its financial commitments relative to that of other Mexican obligors. The “mxAA” rating is the second-highest enterprise credit rating assigned on S&P’s CaVal national scale.
Moody’s states that insurance companies rated “A” (Good) offer good financial security and those rated “Ba” (Questionable) offer questionable financial security. The “A” (Good) and “Ba” (Questionable) ranges are the third- and fifth-highest, respectively, of nine financial strength rating ranges assigned by Moody’s, which range from “Aaa” to “C.” Numeric modifiers are used to refer to the ranking within the group, with 1 being the highest and 3 being the lowest. These modifiers are not added to ratings in the “Aaa” category or to ratings below the “Caa” category. Accordingly, the “A1,” “A2,” “Ba1”, ratings are the fifth-, sixth-, and eleventh-highest, respectively, of Moody’s 21 ratings categories. The short-term rating “P-1” is the highest rating and shows superior ability for repayment of short-term debt obligations. Issuers or issues rated “Aa.mx” demonstrate very strong creditworthiness relative to other issuers in Mexico.
A.M. Best states that the “A” (Excellent) rating is assigned to those companies that have, in its opinion, an excellent ability to meet their ongoing insurance obligations. The “A” (Excellent) rating is the third-highest, of 15 ratings assigned by A.M. Best, which range from “A++” to “F.”
Fitch states that “A” (Strong) rated insurance companies are viewed as possessing strong capacity to meet policyholder and contract obligations. The “A” rating category is the third-highest of nine financial strength rating categories, which range from “AAA” to “C.” The symbol (+) or (-) may be appended to a rating to indicate the relative position of a credit within a rating category. These suffixes are not added to ratings in the “AAA” category or to ratings below the “B” category. Accordingly, the “A-” rating is the seventh-highest of Fitch’s 19 ratings categories.
DBRS states that long-term obligations rated “AA” are of superior credit quality. The capacity for the payment of financial obligations is considered high and unlikely to be significantly variable to future events. Credit quality differs from “AAA” only to a small degree.
S&P, Moody’s, A.M. Best, Fitch and DBRS review their ratings periodically and the company cannot assure you that it will maintain the current ratings in the future. Other agencies may also rate the company or its insurance subsidiaries on a solicited or an unsolicited basis.
About Genworth Financial
Genworth is a leading financial security company meeting the retirement, longevity and lifestyle protection, investment and mortgage insurance needs of more than 15 million customers, with a presence in more than 25 countries. For more information, visit www.genworth.com.
Inquiries:
Georgette Nicholas, 804-662-2248
Georgette.Nicholas@genworth.com
 
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