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
April 30, 2013
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 April 30, 2013, Genworth Financial, Inc. issued (1) a press release announcing its financial results for the quarter ended March 31, 2013, 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 March 31, 2013, 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 April 30, 2013.	
		
99.2	  	Financial Supplement for the quarter ended March 31, 2013.	
 
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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: April 30, 2013	 		 	By:	 	/s/ Kelly L. Groh	
	 		 		 	Kelly L. Groh	
	 		 		 	Vice President and Controller	
	 		 		 	(Principal Accounting Officer)	
 
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Exhibit Index

Exhibit
Number	  	Description of Exhibit	
		
99.1	  	Press Release dated April 30, 2013.	
		
99.2	  	Financial Supplement for the quarter ended March 31, 2013.	
 
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EXHIBIT 99.1

Genworth Financial Announces First Quarter 2013 Results
U.S. Mortgage Insurance Profitable & Capital Plan Completed April 1
U.S. Life Insurance Division Results Improved From Favorable Mortality
Agreement Reached To Sell Wealth Management Business For $412.5 Million
Richmond, VA (April 30, 2013) – Genworth Financial, Inc. (NYSE: GNW) today reported results for the first quarter of 2013. The company reported net income 1 of $103 million, or $0.21 per diluted share, compared with net income of $46 million, or $0.09 per diluted share, in the first quarter of 2012. Net operating income 2 for the first quarter of 2013 was $151 million, or $0.30 per diluted share, compared with net operating income of $17 million, or $0.03 per diluted share, in the first quarter of 2012.
“We achieved several milestones in the first quarter of 2013, including progress on our long term care premium rate increase plans, the announcement of the sale of our wealth management business, execution of the U.S. Mortgage Insurance capital plan on April 1 and reporting a profitable quarter in that business,” said Tom McInerney, President and CEO. “I am pleased with the progress on execution, but we must continue to focus and take action on our plan for rebuilding shareholder value.”
Consolidated Net Income & Net Operating Income

 	  	Three months ended March 31
(Unaudited)	 	
 	  	2013	 	  	2012	 	
(Amounts in millions, except per share)	  	Total	 	  	Per
diluted
share	 	  	Total	 	  	Per
diluted
share	 	
Net income	  	$	103	  	  	$	0.21	  	  	$	46	  	  	$	0.09	  	
Net operating income	  	$	151	  	  	$	0.30	  	  	$	17	  	  	$	0.03	  	
Weighted average diluted shares	  	 	496.8	  	  				  	 	495.7	  	  				
Book value per share	  	$	32.90	  	  				  	$	29.89	  	  				
Book value per share, excluding accumulated other comprehensive income (loss)	  	$	23.11	  	  				  	$	22.45	  	  				

1  	Unless otherwise stated, all references in this press release to net income, net income per share, book value, book value per share and stockholders’ equity should be read as net income available to Genworth’s common stockholders, net income 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.	
 
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Net investment losses, net of tax and other adjustments, were $28 million in the quarter compared to net investment gains of $17 million in the prior year. Total investment impairments, net of tax, were $7 million in the current quarter and $10 million in the prior year.
In March 2013, the company entered into an agreement to sell the wealth management business. Beginning in the first quarter of 2013, this business is being separately presented as discontinued operations and all prior periods herein have been re-presented. During the quarter, the company recognized $27 million from a goodwill impairment and other loss related to the sale of the wealth management business, partially offset by $7 million of income from discontinued operations. The company expects the transaction to close in the second half of 2013, subject to customary closing conditions, including requisite regulatory approvals, and anticipates recording an additional after-tax loss of up to $10 million at that time. Assets under management as of March 31, 2013 for the wealth management business were $23.1 billion.
The company has a practice of refunding the post-delinquent premiums in our U.S. mortgage insurance business to the insured party if the delinquent loan goes to claim. The company’s historical accounting practice was to account for these premium refunds as a reduction in premiums upon payment. In the first quarter of 2013, the company determined that it should have been recording a liability for premiums received on the delinquent loans where its practice was to refund post-delinquent premiums. This error was not material to the company’s consolidated financial condition, results of operations or cash flows as presented in its previously filed annual and quarterly financial statements; however, the adjustment to correct the cumulative effect of this error would have been material if recorded in the first quarter of 2013. The company restated the financial information to correct this error for all periods presented herein. The cumulative decrease to retained earnings was $46 million as of January 1, 2012.
 
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Net operating income results are summarized in the table below:

Net Operating Income (Loss)	  	 	 	
				
(Amounts in millions) 	  	Q1 13	 	 	Q4 12	 	 	Q1 12	 	
U.S. Life Insurance Division:	  				 				 				
U.S. Life Insurance	  	$	85	  	 	$	76	  	 	$	64	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total U.S. Life Insurance Division	  	 	85	  	 	 	76	  	 	 	64	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Global Mortgage Insurance Division:	  				 				 				
International Mortgage Insurance	  	 	81	  	 	 	165	  	 	 	7	  	
U.S. Mortgage Insurance (U.S. MI)	  	 	21	  	 	 	(32	) 	 	 	(44	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total Global Mortgage Insurance Division	  	 	102	  	 	 	133	  	 	 	(37	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Corporate and Other Division:	  				 				 				
International Protection	  	 	6	  	 	 	8	  	 	 	5	  	
Runoff	  	 	16	  	 	 	8	  	 	 	35	  	
Corporate and Other	  	 	(58	) 	 	 	(65	) 	 	 	(50	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total Corporate and Other Division	  	 	(36	) 	 	 	(49	) 	 	 	(10	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total Net Operating Income	  	$	151	  	 	$	160	  	 	$	17	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Net operating income excludes net investment gains (losses), goodwill impairments, gains (losses) on the sale of businesses and other adjustments, net of taxes. A reconciliation of net operating income (loss) of segments and Corporate and Other activities to net income is included at the end of this press release.
Unless specifically noted in the discussion of results for the International Mortgage Insurance and International Protection segments, references to percentage changes exclude the impact of foreign exchange. Percentage changes, which include the impact of foreign exchange, are found in a table at the end of this press release. The impact of foreign exchange on net operating income in the first quarter of 2013 was flat versus the prior year and a $1 million favorable impact versus the prior quarter.
 
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U.S. Life Insurance Division
U.S. Life Insurance Division net operating income was $85 million, compared with $76 million in the prior quarter and $64 million a year ago.
U.S. Life Insurance Division

Net Operating Income	  	 	 	  	 	 	  	 	 	
				
(Amounts in millions) 	  	Q1 13	 	  	Q4 12	 	  	Q1 12	 	
U.S. Life Insurance	  				  				  				
Life Insurance	  	$	36	  	  	$	49	  	  	$	6	  	
Long Term Care	  	 	20	  	  	 	7	  	  	 	35	  	
Fixed Annuities	  	 	29	  	  	 	20	  	  	 	23	  	
	  	 	 	 	  	 	 	 	  	 	 	 	
Total U.S. Life Insurance	  	 	85	  	  	 	76	  	  	 	64	  	
	  	 	 	 	  	 	 	 	  	 	 	 	
Total U.S. Life Insurance 	  	$	85	  	  	$	76	  	  	$	64	  	

Sales	  	 	 	  	 	 	  	 	 	
				
(Amounts in millions) 	  	Q1 13	 	  	Q4 12	 	  	Q1 12	 	
U.S. Life Insurance	  				  				  				
Life Insurance	  				  				  				
Term Life	  	$	4	  	  	$	 —  	 	  	$	 —  	 	
Term Universal Life	  	 	1	  	  	 	11	  	  	 	31	  	
Universal Life	  	 	9	  	  	 	17	  	  	 	16	  	
Linked Benefits	  	 	2	  	  	 	3	  	  	 	3	  	
Long Term Care	  				  				  				
Individual	  	 	35	  	  	 	60	  	  	 	45	  	
Group	  	 	5	  	  	 	4	  	  	 	3	  	
Fixed Annuities	  	 	107	  	  	 	248	  	  	 	336	  	
				
Account Value	  	 	 	  	 	 	  	 	 	
				
(Amounts in millions) 	  	Q1 13	 	  	Q4 12	 	  	Q1 12	 	
Fixed Annuities	  	$	18,301	  	  	$	18,581	  	  	$	18,360	  	
U.S. Life Insurance Division
Highlights
 
 	•	 	U.S. Life Insurance Division net operating income was $85 million, compared with $76 million in the prior quarter and $64 million a year ago. Results reflected favorable mortality experience across the life insurance, long term care insurance and fixed annuity product lines.	
 
 	•	 	Sales were down reflecting a combination of second half of 2012 product and pricing changes.	
 
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 	•	 	The consolidated risk-based capital (RBC) ratio is estimated to be approximately 450 percent 3 , up from approximately 430 percent at the end of the fourth quarter of 2012.	
Life Insurance
Life insurance net operating income was $36 million, compared with $49 million in the prior quarter and $6 million in the prior year. While results in the current quarter benefited from favorable mortality experience versus expectations, mortality was less favorable than the prior quarter because of higher severity. Results also reflected lower in force margins versus the prior quarter. Results in the prior quarter included a $3 million after-tax gain related to selective repurchases of notes secured by non-recourse funding obligations. Results in the prior year included a $41 million GAAP after-tax net loss from the company’s first life block transaction, partially offset by $13 million of favorable interest expense associated with an adjustment related to the tax matters agreement with our former parent. Sales were down $15 million versus the prior quarter and $34 million versus the prior year reflecting the product and pricing changes made in the second half of 2012. The company continues to make pricing and product changes and anticipates launching new universal life insurance products beginning in the second quarter of 2013.
Long Term Care Insurance
Long term care insurance net operating income was $20 million, compared with $7 million in the prior quarter and $35 million in the prior year. The current quarter included $6 million of net favorable actuarial reserve and other adjustments. Relative to the prior quarter, improved claim termination rates resulted in $14 million lower incurred losses. Claim termination rates were also favorable relative to the prior year, but were more than offset by a higher average reserve build on new claims and other adjustments. Earnings were reduced by $9 million from the prior quarter as investment yields were impacted primarily from lower limited partnership income. Earnings were also reduced by $7 million from the prior year as investment yields were impacted by lower limited partnership income and the low interest rate environment. These investment yield impacts were partially offset by net investment income on assets backing growth of the block. Results in the prior quarter included a $5 million unfavorable refinement to reserves to more fully reflect the low interest rate environment. Results in the prior year included a $10 million favorable actuarial reserve adjustment as part of a multi-stage system conversion. The reported loss ratio for the current quarter was 69 percent.
Individual long term care sales decreased from the prior quarter to $35 million as the accelerated sales in the prior quarter ahead of the previously announced pricing and portfolio actions subsided. The company continues to utilize reinsurance in long term care insurance as part of its capital optimization strategies.

3  	Company estimate for the first quarter of 2013, due to timing of the filing of statutory statements.	
 
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Effective March 21, 2013, the company suspended sales of individual long term care insurance products in California in light of the return profile on those products which were an earlier generation of product that did not have the benefits and pricing changes associated with the new products. The company’s individual long term care insurance product filing has now been approved in California and the current intent is to launch this new product in California during the third quarter of 2013.
Additionally, on April 15, 2013, the company launched a new product, Privileged Choice Flex 2, in 31 states, which includes underwriting improvements such as gender distinct pricing for single applicants and blood and lab underwriting requirements for all applicants. These changes may have a temporary impact on sales levels.
In addition, the company is announcing the cessation of new sales of AARP-branded long term care insurance products as the company focuses on long term care insurance sales and product offerings to improve returns. Existing insureds’ coverage will not be affected by this change. There may be temporary increases in long term care insurance sales levels as a result of these actions.
In the third quarter of 2012, the company filed for long term care in force premium rate increases with the goal of achieving an average premium increase in excess of 50 percent on older generation policies and an average premium increase in excess of 25 percent on an earlier series of new generation policies over the next five years. The premium rate increases are designed to mitigate losses on the older generation policies. Although the earlier series of the newer generation policies have generated positive operating earnings to date, the rate increase on these policies will help offset lower than priced-for returns due to lower interest rates, unfavorable business mix and lower lapse rates than expected. Subject to regulatory approval, this premium rate increase should generate approximately $200 to $300 million of additional annual premiums when fully implemented over the next five years. As of March 31, 2013, this round of rate action has been filed in 49 states and the company has received approvals representing approximately $60 to $65 million of the targeted premium increase.
Fixed Annuities
Fixed annuities net operating income was $29 million, compared with $20 million in the prior quarter and $23 million in the prior year. Results in the quarter included more favorable mortality of $10 million versus the prior quarter and $9 million versus the prior year. Results in the prior year reflected a release of a $3 million expense accrual related to state guarantee funds. Sales in the quarter totaled $107 million and were down both sequentially and from the prior year as the company continued to maintain margins in the low interest rate environment.
 
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U.S. Life Companies Capital
The consolidated risk-based capital (RBC) ratio is estimated to be approximately 450 percent 3 , up from approximately 430 percent at the end of the fourth quarter of 2012, from improved equity markets, favorable credit markets and investment portfolio actions that reduced required capital.
Global Mortgage Insurance Division
Global Mortgage Insurance Division had net operating income of $102 million, compared with net operating income of $133 million in the prior quarter and a net operating loss of $37 million a year ago.
Global Mortgage Insurance Division

Net Operating Income (Loss)	  	 	 	 	 	 	 	 	 	
				
(Amounts in millions)	  	Q1 13	 	 	Q4 12	 	 	Q1 12	 	
International Mortgage Insurance	  				 				 				
Canada	  	$	42	  	 	$	114	  	 	$	37	  	
Australia	  	 	46	  	 	 	62	  	 	 	(21	) 	
Other Countries	  	 	(7	) 	 	 	(11	) 	 	 	(9	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total International Mortgage Insurance 	  	 	81	  	 	 	165	  	 	 	7	  	
U.S. Mortgage Insurance 	  	 	21	  	 	 	(32	) 	 	 	(44	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total Global Mortgage Insurance 	  	$	102	  	 	$	133	  	 	$	(37	) 	

Sales	  				 				 				
				
(Amounts in billions) 	  	Q1 13	 	 	Q4 12	 	 	Q1 12	 	
International Mortgage Insurance	  				 				 				
Flow	  				 				 				
Canada	  	$	3.3	  	 	$	4.4	  	 	$	3.5	  	
Australia	  	 	7.9	  	 	 	9.6	  	 	 	7.7	  	
Other Countries	  	 	0.4	  	 	 	0.5	  	 	 	0.3	  	
Bulk	  				 				 				
Canada	  	 	2.4	  	 	 	4.1	  	 	 	0.5	  	
Australia	  	 	—  	 	 	 	—  	 	 	 	0.3	  	
Other Countries	  	 	—  	 	 	 	—  	 	 	 	—  	 	
U.S. Mortgage Insurance 	  				 				 				
Primary Flow	  	 	4.7	  	 	 	5.1	  	 	 	3.0	  	
Primary Bulk	  	 	—  	 	 	 	—  	 	 	 	—  	 	
International Mortgage Insurance Segment
Highlights
 
•	 	Reported International Mortgage Insurance segment operating earnings were $81 million, compared with $165 million in the prior quarter, which included a $78 million after-tax favorable adjustment in Canada, and $7 million a year ago.	
 
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•	 	Reported Canada operating earnings of $42 million were down from $114 million in the prior quarter and up from $37 million in the prior year. Results in the prior quarter included a $78 million after-tax favorable adjustment from the reversal of the accrued liability for exit fees related to the government guarantee fund.	
 
•	 	Reported Australia operating earnings of $46 million were down from $62 million in the prior quarter and up from a net operating loss of $21 million in the prior year. Results in the prior year included a $53 million after-tax impact from reserve strengthening.	
 
•	 	Other Countries had a reported net operating loss of $7 million, compared to $11 million in the prior quarter and $9 million in the prior year.	
 
•	 	In Canada, flow new insurance written (NIW) was down 25 percent 4 sequentially and six percent 4 year over year. In addition, in the current quarter the company completed $2.4 billion of bulk transactions, consisting of low loan-to-value prime loans.	
 
•	 	In Australia, flow NIW was down 18 percent 4 sequentially and up three percent 4 year over year.	
 
•	 	The Canadian and Australian businesses continue to maintain sound capital positions.	
Canada Mortgage Insurance
Canada operating earnings of $42 million were down from $114 million in the prior quarter and up from $37 million in the prior year. Results in the prior quarter included a $78 million after-tax favorable adjustment from the reversal of the accrued liability for exit fees related to the government guarantee fund. The loss ratio in the quarter was 31 percent, flat to the prior quarter and down from 38 percent in the prior year from lower new delinquencies, net of cures, and continued improvement in Alberta. Total delinquencies were down nine percent sequentially from the maturing of the larger 2007 and 2008 books of business and continued improvement in Alberta. Flow NIW was down 25 percent 4 sequentially and six percent 4 year over year from regulatory changes to the rules governing the issuance of high loan-to-value residential mortgages made in July 2012 and normal seasonal variation. In addition, the company completed several bulk transactions, consisting of low loan-to-value prime loans, of approximately $2.4 billion reflecting its selective participation in this market. At quarter end, the Canada mortgage insurance business had a regulatory capital ratio of 216 percent 3 , well in excess of regulatory requirements. GAAP book value was $3.0 billion, of which $1.7 billion represented Genworth’s 57.4 percent ownership interest.
Australia Mortgage Insurance
Australia reported net operating earnings of $46 million versus $62 million in the prior quarter and a net operating loss of $21 million in the prior year. Results in the prior year reflected a $53 million after-tax impact from reserve strengthening. Results in the prior quarter included favorable taxes. The loss ratio in the quarter was 47 percent, up 11 points sequentially and down 107 points from the prior year. New delinquencies were up seven percent from the prior quarter and cures were down 24 percent from the prior quarter reflecting normal

4  	Percent change excludes the impact of foreign exchange.	
 
8

seasonal variation. Flow NIW was down 18 percent 4 sequentially because of a smaller origination market and up three percent 4 year over year. At quarter end, the Australia mortgage insurance business had a regulatory capital ratio of 144 percent 3 , well in excess of regulatory requirements. The GAAP book value was $2.3 billion as of the end of the quarter.
Other Countries Mortgage Insurance
Other Countries had a net operating loss of $7 million, compared to $11 million in the prior quarter and $9 million in the prior year from lower new delinquencies, primarily in Ireland.
U.S. Mortgage Insurance Segment
Highlights
 
•	 	U.S. MI net operating income was $21 million, compared with a net operating loss of $32 million in the prior quarter and a net operating loss of $44 million in the prior year.	
 
•	 	Flow NIW decreased eight percent from the prior quarter and increased 57 percent over the prior year to $4.7 billion.	
 
•	 	The combined risk-to-capital ratio as of March 31, 2013 is estimated at 24.2:1 3 .	
 
•	 	On April 1, 2013, the company announced the completion of the comprehensive U.S. MI capital plan and contributed $100 million of capital to U.S. MI as part of the plan.	
U.S. MI net operating income was $21 million, compared with a net operating loss of $32 million in the prior quarter and a net operating loss of $44 million in the prior year. Results in the quarter included a $4.5 million charge related to the settlement with the Consumer Financial Protection Bureau (CFPB) announced on April 4, 2013.
Total flow delinquencies decreased 10 percent sequentially and 22 percent versus the prior year. New flow delinquencies decreased approximately 12 percent from the prior quarter and decreased approximately 18 percent from the prior year, reflecting the continued burn through of delinquencies from the 2005 to 2008 book years. The flow average reserve per delinquency was $29,800, up slightly from the prior quarter.
Loss mitigation savings were $159 million in the quarter, down slightly from the prior quarter. The company remains on track to achieve full year loss mitigation savings of $250 to $350 million.
Total losses were down $96 million compared to the prior quarter from lower new delinquencies, seasonal benefits in cures and favorable changes in aging.
Flow NIW of $4.7 billion decreased eight percent over the prior quarter from normal seasonal variation in the origination market and increased 57 percent versus the prior year reflecting an increase in both refinance and
 
9

purchase private mortgage insurance penetration and a larger origination market and stable market share. Overall private mortgage insurance market penetration was flat to the prior quarter and up approximately three points year over year. The company’s market share at the end of the quarter is estimated to be 12 percent. Flow persistency was 80 percent. In addition, the Home Affordable Refinance Program (HARP) accounted for about $2.1 billion in the quarter of insurance that is treated as a modification of the coverage on existing insurance in force rather than NIW.
The combined U.S. MI statutory risk-to-capital ratio is estimated at 24.2:1 3 at the end of the first quarter with the risk-to-capital ratio for Genworth Mortgage Insurance Corporation (GMICO) estimated at 26.4:1 3 . GMICO currently maintains waivers or other authorizations from 45 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, subject to the approval of applicable regulators and the GSEs (government sponsored entities) approval. Currently, new business in four states is being written out of Genworth Residential Mortgage Assurance Corporation (GRMAC), a subsidiary of GMICO.
On April 1, 2013, the company announced that the comprehensive U.S. MI capital plan has received all necessary approvals and has been fully implemented. As part of the comprehensive capital plan, Genworth contributed $100 million to GMICO on April 1, 2013. The contribution has a favorable impact to GMICO’s risk-to-capital ratio of approximately three points.
Given the trends of new delinquencies, reserves, new insurance written, loss mitigation benefits and mortgage insurance penetration, and assuming no significant deterioration in the U.S. housing market or material global economic downturns, the company continues to believe these trends create the conditions for continued improvement in earnings for the U.S. mortgage insurance business. The company has not changed its view that the U.S. MI business will have a potential return to breakeven or modest profitability during one or two quarters in 2013.
Corporate and Other Division
Corporate and Other Division net operating loss was $36 million, compared with $49 million in the prior quarter and $10 million in the prior year.
 
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Corporate and Other Division

Net Operating Income (Loss)	  	 	 	 	 	 	 	 	 	
				
(Amounts in millions)	  	Q1 13	 	 	Q4 12	 	 	Q1 12	 	
International Protection	  	$	6	  	 	$	8	  	 	$	5	  	
Runoff	  	 	16	  	 	 	8	  	 	 	35	  	
Corporate and Other	  	 	(58	) 	 	 	(65	) 	 	 	(50	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total Corporate and Other 	  	$	(36	) 	 	$	(49	) 	 	$	(10	) 	

Account Value	  	 	 	 	 	 	 	 	 	
				
(Amounts in millions)	  	Q1 13	 	 	Q4 12	 	 	Q1 12	 	
Variable Annuities	  	$	8,177	  	 	$	8,095	  	 	$	8,522	  	
Guaranteed Investment Contracts, Funding Agreements Backing Notes and Funding Agreements	  	 	1,970	  	 	 	2,153	  	 	 	2,594	  	
International Protection Segment
International Protection reported operating earnings of $6 million, compared with $8 million in the prior quarter and $5 million in the prior year. The business continues to be impacted by the slow consumer lending environment in Europe. The reported loss ratio increased one point from both the prior quarter and prior year to 24 percent from increased unemployment in Southern Europe. The underwriting margin 5 was flat sequentially and increased three points from the prior year to 17 percent from reduced profit sharing. In light of the continued slow consumer lending environment in Europe, additional actions are being taken to reduce expenses and mitigate these impacts such as expanding the reinsurance strategy in new markets. At quarter end, the lifestyle protection business had a regulatory capital ratio of approximately 345 percent 3 .
Runoff Segment
The Runoff segment’s net operating income was $16 million, compared with $8 million in the prior quarter and $35 million in the prior year. Results in the current quarter reflected more favorable equity market conditions versus the prior quarter, but less favorable versus the prior year. Results in the current quarter reflected lower tax benefits versus both the prior quarter and prior year.
Corporate and Other
Corporate and Other’s net operating loss was $58 million, compared with $65 million in the prior quarter and $50 million in the prior year. Results in the prior quarter reflected higher expenses associated with the debt tender. Results in the prior year reflected $13 million of favorable interest expense associated with an adjustment related to the tax matters agreement with our former parent.

5  	See “Definition of Selected Operating Performance Measures” for definition of underwriting margin.	
 
11

Investment Portfolio Performance
Investment income decreased, with net investment income of $814 million, compared to $840 million in the fourth quarter of 2012. The reported yield for the current quarter was approximately 4.7 percent. The core yield 2 decreased to approximately 4.5 percent from approximately 4.6 percent in the prior quarter from less favorable limited partnership income and bond call performance.
Net income in the quarter included $28 million of net investment losses, net of tax and DAC amortization of $12 million. Total investment impairments, net of tax, were $7 million in the current quarter and $10 million in the prior year.
Net unrealized investment gains were $2.4 billion, net of tax and other items, as of March 31, 2013, compared with $1.3 billion as of March 31, 2012 and $2.6 billion as of December 31, 2012. The fixed maturity securities portfolio had gross unrealized investment gains of $6.2 billion compared with $4.6 billion as of March 31, 2012 and gross unrealized investment losses of $0.5 billion compared with $1.1 billion as of March 31, 2012.
Holding Company
Genworth’s holding company 6 ended the quarter with approximately $955 million of cash and highly liquid securities, down $38 million compared to the prior quarter. The holding company targets maintaining cash balances of at least two times its annual debt service expense plus a risk buffer of $350 million. The holding company has no debt maturities until June 2014. On March 27, 2013, the company announced it has reached an agreement to sell its wealth management business, including Genworth Financial Wealth Management and alternative solutions provider, the Altegris companies, to a partnership of Aquiline Capital Partners and Genstar Capital for $412.5 million. The sale is expected to close in the second half of 2013, subject to customary closing conditions, including requisite regulatory approvals. Proceeds from the transaction, net of transaction related expenses, will be held at the holding company and will be used to address the 2014 debt at maturity or before. As part of the comprehensive U.S. MI capital plan, Genworth contributed $100 million to GMICO on April 1, 2013.
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.

6  	Holding company cash and highly liquid securities comprises assets held in Genworth Holdings, Inc. (the issuer of outstanding public company debt) which is now a subsidiary of Genworth Financial, Inc.	
 
12

Genworth has approximately 5,840 employees and operates through three divisions: U.S. Life Insurance, which includes life insurance, long term care insurance and fixed annuities; Global Mortgage Insurance, containing U.S. Mortgage Insurance and International Mortgage Insurance segments; and the Corporate and Other division, which includes the International Protection and Runoff segments and the wealth management business presented as discontinued operations. Products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, Inc., headquartered in Richmond, Virginia, traces its roots back to 1871 and became a public company in 2004. 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 first quarter 2013 financial supplement are now posted on the company’s website. Additional information regarding business results will be posted on the company’s website, http://investor.genworth.com , by 8:30 a.m. on May 1, 2013. Investors are encouraged to review these materials.
Genworth will conduct a conference call on May 1, 2013 at 9 a.m. (ET) to discuss the quarter’s results and provide an update on the company’s strategy and 2013 goals. The conference call will be accessible via telephone and the Internet. The dial-in number for the conference call 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 the call will be available through May 15, 2013 at 855 859.2056 or 404 537.3406 (outside the U.S.); the conference ID # for the call is # 20442990. The webcast will also be archived on the company’s website.
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). The company defines net operating income (loss) as income (loss) from continuing operations excluding the after-tax effects of income attributable to noncontrolling interests, net investment gains (losses), goodwill impairments, gains (losses) on the sale of businesses 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
 
13

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. Goodwill impairments and gains (losses) on the sale of businesses are also excluded from net operating income (loss) because in the company’s opinion, they are not indicative of overall operating trends. Other non-operating items are also excluded from net operating income (loss) 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’s common stockholders in accordance with GAAP, the company believes that net operating income (loss) and measures that are derived from or incorporate net operating income (loss), including net operating income (loss) 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. Management also uses net operating income (loss) as a basis for determining awards and compensation for senior management and to evaluate performance on a basis comparable to that used by analysts. However, the items excluded from net operating income (loss) have occurred in the past and could, and in some cases will, recur in the future. Net operating income (loss) and net operating income (loss) per common share on a basic and diluted basis are not substitutes for net income (loss) available to Genworth’s common stockholders or net income (loss) available to Genworth’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) may differ from the definitions used by other companies. There were no infrequent or unusual non-operating items excluded from net operating income during the periods presented in this press release. 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 available to Genworth’s common stockholders for the three months ended March 31, 2013 and 2012.
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.
 
14

Definition of Selected Operating Performance Measures
The company reports selected operating performance measures including “sales” 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 and long term care insurance products; (2) annualized first-year deposits plus five percent of excess deposits for universal and term universal life insurance products; (3) 10 percent of premium deposits for linked-benefits products; (4) new and additional premiums/deposits for fixed annuities; (5) new insurance written for mortgage insurance; and (6) 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. Sales do not include renewal premiums on policies or contracts written during prior periods. The company considers annualized first-year premiums/deposits, premium equivalents, new premiums/deposits, written premiums 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 insurance in force and risk in force. 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 and Australia. 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 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 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
 
15

related loss mitigation actions represent the reduction in carried loss reserves. Estimated savings related to claims mitigation activities represent amounts deducted or “curtailed” from claims due to acts or omissions by the servicer with respect to the servicing of an insured loan that is not in compliance with obligations under our master policy. 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.
This press release also includes the metric entitled “underwriting margin” related to the lifestyle protection business. The company defines underwriting margin as underwriting profit divided by net earned premiums. Underwriting profit is defined as premiums less benefits and other changes in reserves, commissions (which include amortization of deferred acquisition costs) and profit share expenses. Management believes that this analysis of underwriting margin enhances the understanding of the lifestyle protection business.
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, but not limited to, the following:
 
 	•	 	Risks relating to our businesses , including downturns and volatility in global economies and equity and credit markets; downgrades or potential downgrades in our financial strength or credit ratings; interest rate fluctuations and levels; adverse capital and credit market conditions; lack of credit facilities; the valuation of fixed maturity, equity and trading securities; defaults, downgrades or other events impacting the value of our fixed maturity securities portfolio; defaults on our commercial mortgage loans or the mortgage loans underlying our 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 and required increases to reserve liabilities; legal constraints on dividend distributions by our subsidiaries; competition; availability, affordability and adequacy of reinsurance;	
 
16

 	loss of key distribution partners; regulatory restrictions on our operations and changes in applicable laws and regulations; legal or regulatory investigations or actions; the failure of or any compromise of the security of our computer systems and confidential information contained therein; 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 accounting and reporting standards issued by the Financial Accounting Standards Board or other standard-setting bodies and insurance regulators; impairments of or valuation allowances against our deferred tax assets; changes in expected morbidity and mortality rate; accelerated amortization of deferred acquisition costs and present value of future profits; ability to increase premiums on certain in-force long-term care insurance products by enough or quickly enough, including the current rate actions and any future rate actions; 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; the failure of demand for long-term care insurance to increase; political and economic instability or changes in government policies; fluctuations in foreign exchange rates and international securities markets; 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 (GSEs) offering mortgage insurance; changes in international regulations reducing demand for mortgage insurance; increases in U.S. 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 our rescissions; the extent to which loan modifications and other similar programs may provide benefits to us; 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 our 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 our U.S. mortgage lending customers; legal actions under the Real Estate Settlement Procedures Act of 1974 (RESPA); and potential liabilities in connection with our U.S. contract underwriting services;	
 
17

 	•	 	Other risks , including the risk that our strategy may not be successfully implemented; our Capital Plan may not achieve its anticipated benefits; adverse market or other conditions might delay or impede the minority sale of our mortgage insurance business in Australia; the possibility that in certain circumstances we will be obligated to make payments to General Electric Company (GE) under the tax matters agreement with GE even if our corresponding tax savings are never realized and payments could be accelerated in the event of certain changes in control; and provisions of our 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 our 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.
# # #
Contact Information:
 
Investors:	Georgette Nicholas, 804 662.2248	
  	georgette.nicholas@genworth.com	
 
Media:	Al Orendorff, 804 662.2534	
  	alfred.orendorff@genworth.com	
 
18

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

 	  	Three months ended
March 31,	 	
 	  	    2013    	 	 	    2012    	 	
Revenues:	  				 				
Premiums	  	$	1,261	  	 	$	1,106	  	
Net investment income	  	 	814	  	 	 	832	  	
Net investment gains (losses)	  	 	(61	) 	 	 	37	  	
Insurance and investment product fees and other	  	 	289	  	 	 	340	  	
	  	 	 	 	 	 	 	 	
Total revenues	  	 	2,303	  	 	 	2,315	  	
	  	 	 	 	 	 	 	 	
Benefits and expenses:	  				 				
Benefits and other changes in policy reserves	  	 	1,201	  	 	 	1,232	  	
Interest credited	  	 	184	  	 	 	195	  	
Acquisition and operating expenses, net of deferrals	  	 	433	  	 	 	440	  	
Amortization of deferred acquisition costs and intangibles	  	 	122	  	 	 	271	  	
Interest expense	  	 	126	  	 	 	95	  	
	  	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	2,066	  	 	 	2,233	  	
	  	 	 	 	 	 	 	 	
Income from continuing operations before income taxes	  	 	237	  	 	 	82	  	
Provision for income taxes	  	 	76	  	 	 	15	  	
	  	 	 	 	 	 	 	 	
Income from continuing operations	  	 	161	  	 	 	67	  	
Income (loss) from discontinued operations, net of taxes	  	 	(20	) 	 	 	12	  	
	  	 	 	 	 	 	 	 	
Net income	  	 	141	  	 	 	79	  	
Less: net income attributable to noncontrolling interests	  	 	38	  	 	 	33	  	
	  	 	 	 	 	 	 	 	
Net income available to Genworth’s common stockholders	  	$	103	  	 	$	46	  	
	  	 	 	 	 	 	 	 	
Income from continuing operations available to Genworth’s common stockholders per common share:	  				 				
Basic	  	$	0.25	  	 	$	0.07	  	
	  	 	 	 	 	 	 	 	
Diluted	  	$	0.25	  	 	$	0.07	  	
	  	 	 	 	 	 	 	 	
Net income available to Genworth’s common stockholders per common share:	  				 				
Basic	  	$	0.21	  	 	$	0.09	  	
	  	 	 	 	 	 	 	 	
Diluted	  	$	0.21	  	 	$	0.09	  	
	  	 	 	 	 	 	 	 	
Weighted-average common shares outstanding:	  				 				
Basic	  	 	492.5	  	 	 	491.2	  	
	  	 	 	 	 	 	 	 	
Diluted	  	 	496.8	  	 	 	495.7	  	

19

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

 	  	Three months ended	 	
 	  	March 31,	 	
 	  	2013	 	 	2012	 	
Net operating income (loss):	  				 				
U.S. Life Insurance Division	  				 				
U.S. Life Insurance segment	  				 				
Life Insurance	  	$	36	  	 	$	6	  	
Long Term Care	  	 	20	  	 	 	35	  	
Fixed Annuities	  	 	29	  	 	 	23	  	
	  	 	 	 	 	 	 	 	
Total U.S. Life Insurance segment	  	 	85	  	 	 	64	  	
	  	 	 	 	 	 	 	 	
Total U.S. Life Insurance Division	  	 	85	  	 	 	64	  	
	  	 	 	 	 	 	 	 	
Global Mortgage Insurance Division	  				 				
International Mortgage Insurance segment	  				 				
Canada	  	 	42	  	 	 	37	  	
Australia	  	 	46	  	 	 	(21	) 	
Other Countries	  	 	(7	) 	 	 	(9	) 	
	  	 	 	 	 	 	 	 	
Total International Mortgage Insurance segment	  	 	81	  	 	 	7	  	
U.S. Mortgage Insurance segment	  	 	21	  	 	 	(44	) 	
	  	 	 	 	 	 	 	 	
Total Global Mortgage Insurance Division	  	 	102	  	 	 	(37	) 	
	  	 	 	 	 	 	 	 	
Corporate and Other Division	  				 				
International Protection segment	  	 	6	  	 	 	5	  	
Runoff segment	  	 	16	  	 	 	35	  	
Corporate and Other	  	 	(58	) 	 	 	(50	) 	
	  	 	 	 	 	 	 	 	
Total Corporate and Other Division	  	 	(36	) 	 	 	(10	) 	
	  	 	 	 	 	 	 	 	
Net operating income	  	 	151	  	 	 	17	  	
Adjustments to net operating income:	  				 				
Net investment gains (losses), net of taxes and other adjustments	  	 	(28	) 	 	 	17	  	
Income (loss) from discontinued operations, net of taxes	  	 	(20	) 	 	 	12	  	
	  	 	 	 	 	 	 	 	
Net income available to Genworth’s common stockholders	  	 	103	  	 	 	46	  	
Add: net income attributable to noncontrolling interests	  	 	38	  	 	 	33	  	
	  	 	 	 	 	 	 	 	
Net income	  	$	141	  	 	$	79	  	
	  	 	 	 	 	 	 	 	
Net income available to Genworth’s common stockholders per common share:	  				 				
Basic	  	$	0.21	  	 	$	0.09	  	
	  	 	 	 	 	 	 	 	
Diluted	  	$	0.21	  	 	$	0.09	  	
	  	 	 	 	 	 	 	 	
Net operating income per common share:	  				 				
Basic	  	$	0.31	  	 	$	0.03	  	
	  	 	 	 	 	 	 	 	
Diluted	  	$	0.30	  	 	$	0.03	  	
	  	 	 	 	 	 	 	 	
Weighted-average common shares outstanding:	  				 				
Basic	  	 	492.5	  	 	 	491.2	  	
	  	 	 	 	 	 	 	 	
Diluted	  	 	496.8	  	 	 	495.7	  	

20

Condensed Consolidated Balance Sheets
(Amounts in millions)

 	  	March 31,
2013	 	 	December 31,
2012	 	
Assets	  				 				
Cash, cash equivalents and invested assets	  	$	77,315	  	 	$	78,726	  	
Deferred acquisition costs	  	 	5,050	  	 	 	5,036	  	
Intangible assets	  	 	346	  	 	 	366	  	
Goodwill	  	 	868	  	 	 	868	  	
Reinsurance recoverable	  	 	17,211	  	 	 	17,230	  	
Deferred tax and other assets	  	 	706	  	 	 	710	  	
Separate account assets	  	 	10,140	  	 	 	9,937	  	
Assets associated with discontinued operations	  	 	439	  	 	 	439	  	
	  	 	 	 	 	 	 	 	
Total assets	  	$	112,075	  	 	$	113,312	  	
	  	 	 	 	 	 	 	 	
Liabilities and stockholders’ equity	  				 				
Liabilities:	  				 				
Future policy benefits	  	$	33,601	  	 	$	33,505	  	
Policyholder account balances	  	 	25,886	  	 	 	26,262	  	
Liability for policy and contract claims	  	 	7,343	  	 	 	7,509	  	
Unearned premiums	  	 	4,193	  	 	 	4,333	  	
Deferred tax and other liabilities	  	 	6,160	  	 	 	6,746	  	
Borrowings related to securitization entities	  	 	329	  	 	 	336	  	
Non-recourse funding obligations	  	 	2,062	  	 	 	2,066	  	
Long-term borrowings	  	 	4,766	  	 	 	4,776	  	
Separate account liabilities	  	 	10,140	  	 	 	9,937	  	
Liabilities associated with discontinued operations	  	 	86	  	 	 	61	  	
	  	 	 	 	 	 	 	 	
Total liabilities	  	 	94,566	  	 	 	95,531	  	
	  	 	 	 	 	 	 	 	
Stockholders’ equity:	  				 				
Common stock	  	 	1	  	 	 	1	  	
Additional paid-in capital	  	 	12,131	  	 	 	12,127	  	
	  	 	 	 	 	 	 	 	
Accumulated other comprehensive income (loss):	  				 				
Net unrealized investment gains (losses):	  				 				
Net unrealized gains (losses) on securities not other-than-temporarily impaired	  	 	2,471	  	 	 	2,692	  	
Net unrealized gains (losses) on other-than-temporarily impaired securities	  	 	(28	) 	 	 	(54	) 	
	  	 	 	 	 	 	 	 	
Net unrealized investment gains (losses)	  	 	2,443	  	 	 	2,638	  	
	  	 	 	 	 	 	 	 	
Derivatives qualifying as hedges	  	 	1,799	  	 	 	1,909	  	
Foreign currency translation and other adjustments	  	 	582	  	 	 	655	  	
	  	 	 	 	 	 	 	 	
Total accumulated other comprehensive income (loss)	  	 	4,824	  	 	 	5,202	  	
Retained earnings	  	 	1,966	  	 	 	1,863	  	
Treasury stock, at cost	  	 	(2,700	) 	 	 	(2,700	) 	
	  	 	 	 	 	 	 	 	
Total Genworth’s stockholders’ equity	  	 	16,222	  	 	 	16,493	  	
Noncontrolling interests	  	 	1,287	  	 	 	1,288	  	
	  	 	 	 	 	 	 	 	
Total stockholders’ equity	  	 	17,509	  	 	 	17,781	  	
	  	 	 	 	 	 	 	 	
Total liabilities and stockholders’ equity	  	$	112,075	  	 	$	113,312	  	

21

Impact of Foreign Exchange on Operating Results 7
Three months ended March 31, 2013

 	  	Percentages
Including Foreign
Exchange	 	 	Percentages
Excluding Foreign
Exchange 8	 	
Canada Mortgage Insurance (MI):	  				 				
Flow new insurance written	  	 	(6	)% 	 	 	(6	)% 	
Flow new insurance written (1Q13 vs. 4Q12)	  	 	(25	)% 	 	 	(25	)% 	
			
Australia MI: 	  				 				
Flow new insurance written	  	 	3	% 	 	 	3	% 	
Flow new insurance written (1Q13 vs. 4Q12)	  	 	(18	)% 	 	 	(18	)% 	

7  	All percentages are comparing the first quarter of 2013 to the first quarter of 2012 unless otherwise stated.	
8  	The impact of foreign exchange was calculated using the comparable prior period exchange rates.	
 
22

Reconciliation of Core Yield to Reported Yield

(Assets - amounts in billions)	  	For the three
months ended
March 31,
2013	 	
Reported Total Invested Assets and Cash	  	$	76.5	  	
Subtract:	  				
Securities lending	  	 	0.2	  	
Unrealized gains (losses)	  	 	6.7	  	
Derivative counterparty collateral	  	 	0.6	  	
	  	 	 	 	
Adjusted end of period invested assets	  	$	69.0	  	
	  	 	 	 	
Average Invested Assets Used in Reported Yield Calculation	  	$	69.4	  	
Subtract:	  				
Restricted commercial mortgage loans and other invested assets related to securitization entities 9	  	 	0.3	  	
	  	 	 	 	
Average Invested Assets Used in Core Yield Calculation	  	$	69.1	  	
	  	 	 	 	
( Income - amounts in millions)	  				
Reported Net Investment Income	  	$	814	  	
Subtract:	  				
Bond calls and commercial mortgage loan prepayments	  	 	10	  	
Reinsurance 10	  	 	22	  	
Other non-core items 11	  	 	2	  	
Restricted commercial mortgage loans and other invested assets related to securitization entities 9	  	 	4	  	
	  	 	 	 	
Core Net Investment Income	  	$	776	  	
	  	 	 	 	
Reported Yield	  	 	4.69	% 	
	  	 	 	 	
Core Yield	  	 	4.49	% 	

9  	Represents the incremental assets and investment income related to restricted commercial mortgage loans and other invested assets.	
10  	Represents imputed investment income related to reinsurance agreements in the lifestyle protection insurance business.	
11  	Includes mark-to-market adjustment on assets supporting executive deferred compensation and various other immaterial items.	
 
23

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EXHIBIT 99.2

Table of Contents
 GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013

Table of Contents	  	Page	 	
Investor Letter .	  	 	3	  	
Use of Non-GAAP Measures and Selected Operating Performance Measures .	  	 	4	  	
Financial Highlights	  	 	5	  	
		
First Quarter Results	  				
Consolidated Net Income by Quarter	  	 	7	  	
Net Operating Income by Segment by Quarter	  	 	8	  	
Consolidated Balance Sheets	  	 	9-10	  	
Consolidated Balance Sheets by Segment	  	 	11-12	  	
Deferred Acquisition Costs Rollforward	  	 	13	  	
		
Quarterly Results	  				
Net Operating Income and Sales—U.S. Life Insurance Division	  	 	15-22	  	
Net Operating Income (Loss) and Sales—Global Mortgage Insurance Division	  	 	24-46	  	
Net Operating Income (Loss) and Sales—Corporate and Other Division	  	 	48-58	  	
		
Additional Financial Data	  				
Investments Summary	  	 	60	  	
Fixed Maturity Securities Summary	  	 	61	  	
Commercial Mortgage Loans Summary	  	 	62-63	  	
General Account GAAP Net Investment Income Yields	  	 	64	  	
Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail	  	 	65	  	
		
Reconciliations of Non-GAAP Measures	  				
Reconciliation of Operating Return On Equity (ROE)	  	 	67	  	
Reconciliation of Expense Ratio	  	 	68	  	
Reconciliation of Core Premiums	  	 	69	  	
Reconciliation of Core Yield	  	 	70	  	
		
Corporate Information	  				
Industry Ratings	  	 	72-73	  	
Note: 
Unless otherwise noted, references in this financial supplement to income (loss) from continuing operations, income (loss) from continuing operations per share, net income (loss), net income (loss) per share, book value and book value per common share should be read as income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders, income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders per share, net income (loss) available to Genworth Financial, Inc.’s common stockholders, net 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

Table of Contents
 GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
Dear Investor,
On March 27, 2013, the company announced that it had agreed to sell its wealth management business to AqGen Liberty Acquisition, Inc., a subsidiary of AqGen Liberty Holdings LLC, a partnership of Aquiline Capital Partners and Genstar Capital. As a result, this business has been accounted for as discontinued operations and its financial position and results of operations are separately reported for all periods presented. The wealth management business, previously a separate segment, is separately presented as discontinued operations and all prior periods reflected herein on this basis.
The company has a practice of refunding the post-delinquent premiums in the U.S. mortgage insurance business to the insured party if the delinquent loan goes to claim. The company's historical accounting practice was to account for these premium refunds as a reduction in premiums upon payment. In the first quarter of 2013, the company determined that it should have been recording a liability for premiums received on the delinquent loans where its practice was to refund post-delinquent premiums. This error was not material to the company's consolidated financial condition, results of operations or cash flows as presented in the company's previously filed annual and quarterly financial statements; however, the adjustment to correct the cumulative effect of this error would have been material if recorded in the first quarter of 2013. The company restated the financial information to correct this error for all periods presented herein. The cumulative decrease to retained earnings was $46 million as of January 1, 2012. Any ratios derived from premiums have also been restated. The following summarizes the adjustments to the income statement in the U.S. mortgage insurance business:

 	  	2012	 	
(amounts in millions)	  	4Q	 	  	3Q	 	  	2Q	 	  	1Q	 	 	Total	 	
Premiums	  	$	2	  	  	$	    2	  	  	$	—  	  	  	$	(1	) 	 	$	3	  	
Provision for income taxes	  	 	—  	  	  	 	1	  	  	 	—  	  	  	 	—  	  	 	 	1	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	
Net income	  	$	2	  	  	$	1	  	  	$	—  	  	  	$	(1	) 	 	$	2	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	
As previously announced, on April 1, 2013, the company completed a holding company reorganization in connection with a comprehensive capital plan for the U.S. mortgage insurance business. Pursuant to the reorganization, the public holding company historically known as “Genworth Financial, Inc.” (now renamed Genworth Holdings, Inc. (“Genworth Holdings”)) became a direct, wholly-owned subsidiary of a new public holding company that was formed and that now has been renamed Genworth Financial, Inc. (“New Genworth”). In connection with the reorganization, all the stockholders of Genworth Holdings immediately prior to the completion of the reorganization automatically became stockholders of New Genworth, owning the same number of shares of stock in New Genworth that they owned in Genworth Holdings immediately prior to the reorganization.
Accordingly, references to “Genworth” or the “company” in this Quarterly Financial Supplement have the following meanings:
 
 	•	 	For periods prior to April 1, 2013: Genworth Holdings	
 
 	•	 	For periods from and after April 1, 2013: New Genworth	
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

Table of Contents
 GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
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). The company defines net operating income (loss) as income (loss) from continuing operations excluding the after-tax effects of income attributable to noncontrolling interests, net investment gains (losses), goodwill impairments, gains (losses) on the sale of businesses 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. Goodwill impairments and gains (losses) on the sale of businesses are also excluded from net operating income (loss) because in the company’s opinion, they are not indicative of overall operating trends. Other non-operating items are also excluded from net operating income (loss), 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) and measures that are derived from or incorporate net operating income (loss), including net operating income (loss) 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. Management also uses net operating income (loss) as a basis for determining awards and compensation for senior management and to evaluate performance on a basis comparable to that used by analysts. However, the items excluded from net operating income (loss) have occurred in the past and could, and in some cases will, recur in the future. Net operating income (loss) and net operating income (loss) 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) may differ from the definitions used by other companies.
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 periods presented. 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 67 through 70 of this financial supplement.
Selected Operating Performance Measures
This financial supplement contains selected operating performance measures including “sales” and “insurance in-force” or “risk in-force” which are commonly used in the insurance industry 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 and long-term care insurance; (2) annualized first-year deposits plus 5% of excess deposits for universal and term universal life insurance products; (3) 10% of premium deposits for linked-benefits products; (4) new and additional premiums/deposits for fixed annuities; (5) new insurance written for mortgage insurance; and (6) 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. Sales do not include renewal premiums on policies or contracts written during prior periods. The company considers annualized first-year premiums, premium equivalents, new premiums/deposits, written premiums 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 insurance in-force and risk in-force. 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 and Australia. 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 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. Estimated savings related to claims mitigation activities represent amounts deducted or “curtailed” from claims due to acts or omissions by the insured or the servicer with respect to the servicing of an insured loan that is not in compliance with obligations under our master policy. 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

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013

 Financial Highlights
(amounts in millions, except per share data)
 	 	
Balance Sheet Data	  	March 31,
2013	 	  	December 31,
2012	 	  	September 30,
2012	 	  	June 30,
2012	 	  	March 31,
2012	 	
Total Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income	  	$	11,398	  	  	$	11,291	  	  	$	11,158	  	  	$	11,117	  	  	$	11,035	  	
Total accumulated other comprehensive income	  	 	4,824	  	  	 	5,202	  	  	 	5,223	  	  	 	4,653	  	  	 	3,656	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total Genworth Financial, Inc.’s stockholders’ equity	  	$	16,222	  	  	$	16,493	  	  	$	16,381	  	  	$	15,770	  	  	$	14,691	  	

Book value per common share	  	$	32.90	  	  	$	33.53	  	  	$	33.31	  	  	$	32.08	  	  	$	29.89	  	
Book value per common share, excluding accumulated other comprehensive income	  	$	23.11	  	  	$	22.95	  	  	$	22.69	  	  	$	22.61	  	  	$	22.45	  	
Common shares outstanding as of the balance sheet date	  	 	493.1	  	  	 	491.9	  	  	 	491.8	  	  	 	491.6	  	  	 	491.5	  	
		
 	  	Twelve months ended	 	
Twelve Month Rolling Average ROE	  	March 31,
2013	 	  	December 31,
2012	 	  	September 30,
2012	 	  	June 30,
2012	 	  	March 31,
2012	 	
GAAP Basis ROE	  	 	3.4%	  	  	 	2.9%	  	  	 	2.7%	  	  	 	2.2%	  	  	 	0.2%	  	
Operating ROE (1)	  	 	4.4%	  	  	 	3.2%	  	  	 	2.8%	  	  	 	2.2%	  	  	 	0.4%	  	
		
 	  	Three months ended	 	
Quarterly Average ROE	  	March 31,
2013	 	  	December 31,
2012	 	  	September 30,
2012	 	  	June 30,
2012	 	  	March 31,
2012	 	
GAAP Basis ROE	  	 	3.6%	  	  	 	6.0%	  	  	 	1.3%	  	  	 	2.7%	  	  	 	1.7%	  	
Operating ROE (1)	  	 	5.3%	  	  	 	5.7%	  	  	 	4.0%	  	  	 	2.4%	  	  	 	0.6%	  	

Basic and Diluted Shares	  	Three months ended
March 31,
2013	 	
Weighted-average shares used in basic earnings per common share calculations	  	 	492.5	  	
Potentially dilutive securities:	  				
Stock options, restricted stock units and stock appreciation rights	  	 	4.3	  	
	  	 	 	 	
Weighted-average shares used in diluted earnings per common share calculations	  	 	496.8	  	

(1)  	See page 67 herein for a reconciliation of GAAP Basis ROE to Operating ROE.	
 
5

Table of Contents
 First Quarter Results
 
6

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Consolidated Net Income by Quarter
(amounts in millions, except per share amounts)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	  	3Q	 	  	2Q	 	 	1Q	 	  	Total	 	
REVENUES:	  			 	  				  				  				 				  				
Premiums	  	$	1,261	  	  	$	1,320	  	  	$	1,313	  	  	$	1,302	  	 	$	1,106	  	  	$	5,041	  	
Net investment income	  	 	814	  	  	 	840	  	  	 	825	  	  	 	846	  	 	 	832	  	  	 	3,343	  	
Net investment gains (losses)	  	 	(61	) 	  	 	14	  	  	 	9	  	  	 	(33	) 	 	 	37	  	  	 	27	  	
Insurance and investment product fees and other	  	 	289	  	  	 	293	  	  	 	309	  	  	 	287	  	 	 	340	  	  	 	1,229	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total revenues	  	 	2,303	  	  	 	2,467	  	  	 	2,456	  	  	 	2,402	  	 	 	2,315	  	  	 	9,640	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				  				  				 				  				
Benefits and other changes in policy reserves	  	 	1,201	  	  	 	1,401	  	  	 	1,363	  	  	 	1,382	  	 	 	1,232	  	  	 	5,378	  	
Interest credited	  	 	184	  	  	 	193	  	  	 	193	  	  	 	194	  	 	 	195	  	  	 	775	  	
Acquisition and operating expenses, net of deferrals	  	 	433	  	  	 	272	  	  	 	443	  	  	 	439	  	 	 	440	  	  	 	1,594	  	
Amortization of deferred acquisition costs and intangibles	  	 	122	  	  	 	144	  	  	 	160	  	  	 	147	  	 	 	271	  	  	 	722	  	
Goodwill impairment	  	 	—  	  	  	 	—  	  	  	 	89	  	  	 	—  	  	 	 	—  	  	  	 	89	  	
Interest expense	  	 	126	  	  	 	124	  	  	 	126	  	  	 	131	  	 	 	95	  	  	 	476	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total benefits and expenses	  	 	2,066	  	  	 	2,134	  	  	 	2,374	  	  	 	2,293	  	 	 	2,233	  	  	 	9,034	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	237	  	  	 	333	  	  	 	82	  	  	 	109	  	 	 	82	  	  	 	606	  	
Provision for income taxes	  	 	76	  	  	 	73	  	  	 	23	  	  	 	27	  	 	 	15	  	  	 	138	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	161	  	  	 	260	  	  	 	59	  	  	 	82	  	 	 	67	  	  	 	468	  	
Income (loss) from discontinued operations, net of taxes (1)	  	 	(20	) 	  	 	6	  	  	 	12	  	  	 	27	  	 	 	12	  	  	 	57	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
NET INCOME	  	 	141	  	  	 	266	  	  	 	71	  	  	 	109	  	 	 	79	  	  	 	525	  	
Less: net income attributable to noncontrolling interests	  	 	38	  	  	 	98	  	  	 	36	  	  	 	33	  	 	 	33	  	  	 	200	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	$	103	  	  	$	168	  	  	$	35	  	  	$	76	  	 	$	46	  	  	$	325	  	

Earnings Per Share Data:	  				  				  				  				 				  				
							
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders per common share	  				  				  				  				 				  				
Basic	  	$	0.25	  	  	$	0.33	  	  	$	0.05	  	  	$	0.10	  	 	$	0.07	  	  	$	0.55	  	
Diluted	  	$	0.25	  	  	$	0.33	  	  	$	0.05	  	  	$	0.10	  	 	$	0.07	  	  	$	0.54	  	
							
Net income available to Genworth Financial, Inc.’s common stockholders per common share	  				  				  				  				 				  				
Basic	  	$	0.21	  	  	$	0.34	  	  	$	0.07	  	  	$	0.16	  	 	$	0.09	  	  	$	0.66	  	
Diluted	  	$	0.21	  	  	$	0.34	  	  	$	0.07	  	  	$	0.16	  	 	$	0.09	  	  	$	0.66	  	
							
Weighted-average shares outstanding	  				  				  				  				 				  				
Basic	  	 	492.5	  	  	 	491.9	  	  	 	491.7	  	  	 	491.5	  	 	 	491.2	  	  	 	491.6	  	
Diluted	  	 	496.8	  	  	 	493.9	  	  	 	493.9	  	  	 	493.9	  	 	 	495.7	  	  	 	494.4	  	

(1)  	Income from discontinued operations related to the wealth management business. Refer to page 58 for operating results of discontinued operations.	
 
7

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Net Operating Income by Segment by Quarter
(amounts in millions, except per share amounts)

 	 	 	  	2013	 	  	2012	 	
 	 	 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
U.S. Life Insurance Division	 		  			 	  				 				 				 				 				
U.S. Life Insurance segment:	 		  			 	  				 				 				 				 				
Life Insurance	 		  	$	36	  	  	$	49	  	 	$	22	  	 	$	30	  	 	$	6	  	 	$	107	  	
Long-Term Care	 		  	 	20	  	  	 	7	  	 	 	45	  	 	 	14	  	 	 	35	  	 	 	101	  	
Fixed Annuities	 		  	 	29	  	  	 	20	  	 	 	19	  	 	 	20	  	 	 	23	  	 	 	82	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total U.S. Life Insurance segment	 		  	 	85	  	  	 	76	  	 	 	86	  	 	 	64	  	 	 	64	  	 	 	290	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total U.S. Life Insurance Division	 		  	 	85	  	  	 	76	  	 	 	86	  	 	 	64	  	 	 	64	  	 	 	290	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Global Mortgage Insurance Division	 		  			 	  				 				 				 				 				
International Mortgage Insurance segment:	 		  			 	  				 				 				 				 				
Canada	 		  	 	42	  	  	 	114	  	 	 	42	  	 	 	41	  	 	 	37	  	 	 	234	  	
Australia	 		  	 	46	  	  	 	62	  	 	 	57	  	 	 	44	  	 	 	(21	) 	 	 	142	  	
Other Countries	 		  	 	(7	) 	  	 	(11	) 	 	 	(5	) 	 	 	(9	) 	 	 	(9	) 	 	 	(34	) 	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total International Mortgage Insurance segment	 		  	 	81	  	  	 	165	  	 	 	94	  	 	 	76	  	 	 	7	  	 	 	342	  	
U.S. Mortgage Insurance segment	 		  	 	21	  	  	 	(32	) 	 	 	(37	) 	 	 	(25	) 	 	 	(44	) 	 	 	(138	) 	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Global Mortgage Insurance Division	 		  	 	102	  	  	 	133	  	 	 	57	  	 	 	51	  	 	 	(37	) 	 	 	204	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Corporate and Other Division	 		  			 	  				 				 				 				 				
International Protection segment	 		  	 	6	  	  	 	8	  	 	 	8	  	 	 	3	  	 	 	5	  	 	 	24	  	
Runoff segment	 		  	 	16	  	  	 	8	  	 	 	9	  	 	 	(6	) 	 	 	35	  	 	 	46	  	
Corporate and Other	 		  	 	(58	) 	  	 	(65	) 	 	 	(49	) 	 	 	(45	) 	 	 	(50	) 	 	 	(209	) 	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Corporate and Other Division	 		  	 	(36	) 	  	 	(49	) 	 	 	(32	) 	 	 	(48	) 	 	 	(10	) 	 	 	(139	) 	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	 		  	 	151	  	  	 	160	  	 	 	111	  	 	 	67	  	 	 	17	  	 	 	355	  	
		 						
ADJUSTMENTS TO NET OPERATING INCOME:	 		  			 	  				 				 				 				 				
Net investment gains (losses), net of taxes and other adjustments	 		  	 	(28	) 	  	 	2	  	 	 	(2	) 	 	 	(18	) 	 	 	17	  	 	 	(1	) 	
Goodwill impairment, net of taxes	 		  	 	—  	  	  	 	—  	  	 	 	(86	) 	 	 	—  	  	 	 	—  	  	 	 	(86	) 	
Income (loss) from discontinued operations, net of taxes	 		  	 	(20	) 	  	 	6	  	 	 	12	  	 	 	27	  	 	 	12	  	 	 	57	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 		  	 	103	  	  	 	168	  	 	 	35	  	 	 	76	  	 	 	46	  	 	 	325	  	
Add: net income attributable to noncontrolling interests	 		  	 	38	  	  	 	98	  	 	 	36	  	 	 	33	  	 	 	33	  	 	 	200	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	 		  	$	141	  	  	$	266	  	 	$	71	  	 	$	109	  	 	$	79	  	 	$	525	  	

Earnings Per Share Data:	 		  				  				 				 				 				 				
				
Net income available to Genworth Financial, Inc.’s common stockholders per common share	 		  				  				
Basic	 		  	$	0.21	  	  	$	0.34	  	 	$	0.07	  	 	$	0.16	  	 	$	0.09	  	 	$	0.66	  	
Diluted	 		  	$	0.21	  	  	$	0.34	  	 	$	0.07	  	 	$	0.16	  	 	$	0.09	  	 	$	0.66	  	
								
Net operating income per common share	 		  				  				 				 				 				 				
Basic	 		  	$	0.31	  	  	$	0.32	  	 	$	0.23	  	 	$	0.14	  	 	$	0.03	  	 	$	0.72	  	
Diluted	 		  	$	0.30	  	  	$	0.32	  	 	$	0.22	  	 	$	0.14	  	 	$	0.03	  	 	$	0.72	  	
								
Weighted-average shares outstanding	 		  				  				 				 				 				 				
Basic	 		  	 	492.5	  	  	 	491.9	  	 	 	491.7	  	 	 	491.5	  	 	 	491.2	  	 	 	491.6	  	
Diluted	 		  	 	496.8	  	  	 	493.9	  	 	 	493.9	  	 	 	493.9	  	 	 	495.7	  	 	 	494.4	  	
 
8

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013

 Consolidated Balance Sheets
(amounts in millions)

 	  	March 31,
2013	 	  	December 31,
2012	 	  	September 30,
2012	 	  	June 30,
2012	 	  	March 31,
2012	 	
ASSETS	  			 	  				  				  				  				
Investments:	  			 	  				  				  				  				
Fixed maturity securities available-for-sale, at fair value	  	$	61,082	  	  	$	62,161	  	  	$	62,214	  	  	$	59,791	  	  	$	58,532	  	
Equity securities available-for-sale, at fair value	  	 	490	  	  	 	518	  	  	 	524	  	  	 	431	  	  	 	432	  	
Commercial mortgage loans	  	 	5,866	  	  	 	5,872	  	  	 	5,861	  	  	 	5,875	  	  	 	6,030	  	
Restricted commercial mortgage loans related to securitization entities	  	 	324	  	  	 	341	  	  	 	359	  	  	 	382	  	  	 	392	  	
Policy loans	  	 	1,606	  	  	 	1,601	  	  	 	1,626	  	  	 	1,619	  	  	 	1,555	  	
Other invested assets	  	 	2,982	  	  	 	3,493	  	  	 	3,906	  	  	 	4,502	  	  	 	3,001	  	
Restricted other invested assets related to securitization entities	  	 	399	  	  	 	393	  	  	 	393	  	  	 	391	  	  	 	384	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total investments	  	 	72,749	  	  	 	74,379	  	  	 	74,883	  	  	 	72,991	  	  	 	70,326	  	
Cash and cash equivalents	  	 	3,797	  	  	 	3,632	  	  	 	3,720	  	  	 	3,854	  	  	 	4,152	  	
Accrued investment income	  	 	769	  	  	 	715	  	  	 	746	  	  	 	652	  	  	 	759	  	
Deferred acquisition costs	  	 	5,050	  	  	 	5,036	  	  	 	5,020	  	  	 	5,023	  	  	 	5,060	  	
Intangible assets	  	 	346	  	  	 	366	  	  	 	375	  	  	 	407	  	  	 	460	  	
Goodwill	  	 	868	  	  	 	868	  	  	 	868	  	  	 	958	  	  	 	961	  	
Reinsurance recoverable	  	 	17,211	  	  	 	17,230	  	  	 	17,195	  	  	 	17,177	  	  	 	17,193	  	
Other assets	  	 	706	  	  	 	710	  	  	 	975	  	  	 	1,005	  	  	 	917	  	
Separate account assets	  	 	10,140	  	  	 	9,937	  	  	 	10,166	  	  	 	10,033	  	  	 	10,646	  	
Assets associated with discontinued operations (1)	  	 	439	  	  	 	439	  	  	 	439	  	  	 	436	  	  	 	509	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total assets	  	$	112,075	  	  	$	113,312	  	  	$	114,387	  	  	$	112,536	  	  	$	110,983	  	

 

(1)  	The assets associated with discontinued operations prior to the sale have been segregated in the consolidated balance sheets. The major assets categories for discontinued operations were as follows:	

 	  	March 31,
2013	 	  	December 31,
2012	 	  	September 30,
2012	 	  	June 30,
2012	 	  	March 31,
2012	 	
ASSETS	  				  				  				  				  				
Equity securities available-for-sale, at fair value	  	$	—  	  	  	$	—  	  	  	$	—  	  	  	$	—  	  	  	$	2	  	
Other invested assets	  	 	10	  	  	 	10	  	  	 	10	  	  	 	10	  	  	 	—  	  	
Cash and cash equivalents	  	 	22	  	  	 	21	  	  	 	21	  	  	 	20	  	  	 	35	  	
Intangible assets	  	 	116	  	  	 	115	  	  	 	113	  	  	 	112	  	  	 	113	  	
Goodwill	  	 	247	  	  	 	260	  	  	 	260	  	  	 	260	  	  	 	295	  	
Other assets	  	 	44	  	  	 	33	  	  	 	35	  	  	 	34	  	  	 	64	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Assets associated with discontinued operations	  	$	439	  	  	$	439	  	  	$	439	  	  	$	436	  	  	$	509	  	

9

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Consolidated Balance Sheets
(amounts in millions)

 	  	March 31,
2013	 	  	December 31,
2012	 	 	September 30,
2012	 	 	June 30,
2012	 	 	March 31,
2012	 	
LIABILITIES AND STOCKHOLDERS' EQUITY	  			 	  				 				 				 				
Liabilities:	  			 	  				 				 				 				
Future policy benefits	  	$	33,601	  	  	$	33,505	  	 	$	33,221	  	 	$	32,825	  	 	$	32,380	  	
Policyholder account balances	  	 	25,886	  	  	 	26,262	  	 	 	26,449	  	 	 	26,160	  	 	 	26,204	  	
Liability for policy and contract claims	  	 	7,343	  	  	 	7,509	  	 	 	7,545	  	 	 	7,552	  	 	 	7,663	  	
Unearned premiums	  	 	4,193	  	  	 	4,333	  	 	 	4,291	  	 	 	4,156	  	 	 	4,209	  	
Other liabilities	  	 	5,028	  	  	 	5,239	  	 	 	6,094	  	 	 	5,813	  	 	 	5,318	  	
Borrowings related to securitization entities	  	 	329	  	  	 	336	  	 	 	353	  	 	 	375	  	 	 	383	  	
Non-recourse funding obligations	  	 	2,062	  	  	 	2,066	  	 	 	2,325	  	 	 	2,598	  	 	 	2,602	  	
Long-term borrowings	  	 	4,766	  	  	 	4,776	  	 	 	4,880	  	 	 	4,865	  	 	 	5,095	  	
Deferred tax liability	  	 	1,132	  	  	 	1,507	  	 	 	1,406	  	 	 	1,186	  	 	 	580	  	
Separate account liabilities	  	 	10,140	  	  	 	9,937	  	 	 	10,166	  	 	 	10,033	  	 	 	10,646	  	
Liabilities associated with discontinued operations (1)	  	 	86	  	  	 	61	  	 	 	56	  	 	 	54	  	 	 	67	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities	  	 	94,566	  	  	 	95,531	  	 	 	96,786	  	 	 	95,617	  	 	 	95,147	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Stockholders' equity:	  			 	  				 				 				 				
Common stock	  	 	1	  	  	 	1	  	 	 	1	  	 	 	1	  	 	 	1	  	
Additional paid-in capital	  	 	12,131	  	  	 	12,127	  	 	 	12,162	  	 	 	12,156	  	 	 	12,150	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Accumulated other comprehensive income (loss):	  			 	  				 				 				 				
Net unrealized investment gains (losses):	  			 	  				 				 				 				
Net unrealized gains on securities not other-than-temporarily impaired	  	 	2,471	  	  	 	2,692	  	 	 	2,641	  	 	 	2,132	  	 	 	1,438	  	
Net unrealized gains (losses) on other-than-temporarily impaired securities	  	 	(28	) 	  	 	(54	) 	 	 	(88	) 	 	 	(116	) 	 	 	(111	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net unrealized investment gains (losses)	  	 	2,443	  	  	 	2,638	  	 	 	2,553	  	 	 	2,016	  	 	 	1,327	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Derivatives qualifying as hedges	  	 	1,799	  	  	 	1,909	  	 	 	2,011	  	 	 	2,087	  	 	 	1,680	  	
Foreign currency translation and other adjustments	  	 	582	  	  	 	655	  	 	 	659	  	 	 	550	  	 	 	649	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total accumulated other comprehensive income	  	 	4,824	  	  	 	5,202	  	 	 	5,223	  	 	 	4,653	  	 	 	3,656	  	
Retained earnings	  	 	1,966	  	  	 	1,863	  	 	 	1,695	  	 	 	1,660	  	 	 	1,584	  	
Treasury stock, at cost	  	 	(2,700	) 	  	 	(2,700	) 	 	 	(2,700	) 	 	 	(2,700	) 	 	 	(2,700	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Genworth Financial, Inc.'s stockholders' equity	  	 	16,222	  	  	 	16,493	  	 	 	16,381	  	 	 	15,770	  	 	 	14,691	  	
Noncontrolling interests	  	 	1,287	  	  	 	1,288	  	 	 	1,220	  	 	 	1,149	  	 	 	1,145	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total stockholders’ equity	  	 	17,509	  	  	 	17,781	  	 	 	17,601	  	 	 	16,919	  	 	 	15,836	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities and stockholders' equity	  	$	112,075	  	  	$	113,312	  	 	$	114,387	  	 	$	112,536	  	 	$	110,983	  	

 

(1)  	The liabilities associated with discontinued operations prior to the sale have been segregated in the consolidated balance sheets. The major liability categories for discontinued operations were as follows:	

 	  	March 31,
2013	 	  	December 31,
2012	 	  	September 30,
2012	 	  	June 30,
2012	 	  	March 31,
2012	 	
LIABILITIES	  				  				  				  				  				
Other liabilities	  	$	70	  	  	$	48	  	  	$	49	  	  	$	49	  	  	$	62	  	
Deferred tax liability	  	 	16	  	  	 	13	  	  	 	7	  	  	 	5	  	  	 	5	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Liabilities associated with discontinued operations	  	$	86	  	  	$	61	  	  	$	56	  	  	$	54	  	  	$	67	  	

10

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Consolidated Balance Sheet by Segment
(amounts in millions)

	  	 	March 31, 2013	  	
 	  	U.S. Life
Insurance	 	  	International
Mortgage
Insurance	 	  	U.S. Mortgage
Insurance	 	 	International
Protection	 	  	Runoff	 	 	Corporate
and Other (1)	 	 	Total	 	
ASSETS	  				  				  				 				  				 				 				
Cash and investments	  	$	56,805	  	  	$	9,579	  	  	$	2,063	  	 	$	1,634	  	  	$	3,990	  	 	$	3,244	  	 	$	77,315	  	
Deferred acquisition costs and intangible assets	  	 	5,370	  	  	 	220	  	  	 	20	  	 	 	256	  	  	 	363	  	 	 	35	  	 	 	6,264	  	
Reinsurance recoverable	  	 	16,172	  	  	 	17	  	  	 	79	  	 	 	27	  	  	 	916	  	 	 	—  	  	 	 	17,211	  	
Deferred tax and other assets	  	 	371	  	  	 	118	  	  	 	39	  	 	 	132	  	  	 	26	  	 	 	20	  	 	 	706	  	
Separate account assets	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	10,140	  	 	 	—  	  	 	 	10,140	  	
Assets associated with discontinued operations	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	439	  	 	 	439	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total assets	  	$	78,718	  	  	$	9,934	  	  	$	2,201	  	 	$	2,049	  	  	$	15,435	  	 	$	3,738	  	 	$	112,075	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
LIABILITIES AND STOCKHOLDERS’ EQUITY	  				  				  				 				  				 				 				
Liabilities:	  				  				  				 				  				 				 				
Future policy benefits	  	$	33,595	  	  	$	—  	  	  	$	—  	  	 	$	—  	  	  	$	6	  	 	$	—  	  	 	$	33,601	  	
Policyholder account balances	  	 	21,336	  	  	 	—  	  	  	 	—  	  	 	 	15	  	  	 	4,535	  	 	 	—  	  	 	 	25,886	  	
Liability for policy and contract claims	  	 	4,906	  	  	 	494	  	  	 	1,820	  	 	 	102	  	  	 	21	  	 	 	—  	  	 	 	7,343	  	
Unearned premiums	  	 	594	  	  	 	2,961	  	  	 	117	  	 	 	511	  	  	 	10	  	 	 	—  	  	 	 	4,193	  	
Non-recourse funding obligations	  	 	2,092	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	(30	) 	 	 	2,062	  	
Deferred tax and other liabilities	  	 	5,142	  	  	 	332	  	  	 	(810	) 	 	 	437	  	  	 	89	  	 	 	970	  	 	 	6,160	  	
Borrowings and capital securities	  	 	—  	  	  	 	564	  	  	 	—  	  	 	 	—  	  	  	 	8	  	 	 	4,523	  	 	 	5,095	  	
Separate account liabilities	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	10,140	  	 	 	—  	  	 	 	10,140	  	
Liabilities associated with discontinued operations	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	86	  	 	 	86	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities	  	 	67,665	  	  	 	4,351	  	  	 	1,127	  	 	 	1,065	  	  	 	14,809	  	 	 	5,549	  	 	 	94,566	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Stockholders’ equity:	  				  				  				 				  				 				 				
Allocated equity, excluding accumulated other comprehensive
income (loss)	  	 	6,990	  	  	 	3,457	  	  	 	1,042	  	 	 	959	  	  	 	697	  	 	 	(1,747	) 	 	 	11,398	  	
Allocated accumulated other comprehensive income (loss)	  	 	4,063	  	  	 	839	  	  	 	32	  	 	 	25	  	  	 	(71	) 	 	 	(64	) 	 	 	4,824	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total Genworth Financial, Inc.’s stockholders’ equity	  	 	11,053	  	  	 	4,296	  	  	 	1,074	  	 	 	984	  	  	 	626	  	 	 	(1,811	) 	 	 	16,222	  	
Noncontrolling interests	  	 	—  	  	  	 	1,287	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	1,287	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total stockholders’ equity	  	 	11,053	  	  	 	5,583	  	  	 	1,074	  	 	 	984	  	  	 	626	  	 	 	(1,811	) 	 	 	17,509	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities and stockholders’ equity	  	$	78,718	  	  	$	9,934	  	  	$	2,201	  	 	$	2,049	  	  	$	15,435	  	 	$	3,738	  	 	$	112,075	  	

(1)	Includes inter-segment eliminations and non-core products.	
 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Consolidated Balance Sheet by Segment
(amounts in millions)

 	  	December 31, 2012	 	
 	  	U.S. Life
Insurance	 	  	International
Mortgage
Insurance	 	  	U.S. Mortgage
Insurance	 	 	International
Protection	 	  	Runoff	 	 	Corporate and
Other (1)	 	 	Total	 	
ASSETS	  				  				  				 				  				 				 				
Cash and investments	  	$	57,341	  	  	$	9,702	  	  	$	2,192	  	 	$	1,715	  	  	$	4,065	  	 	$	3,711	  	 	$	78,726	  	
Deferred acquisition costs and intangible assets	  	 	5,368	  	  	 	230	  	  	 	19	  	 	 	267	  	  	 	348	  	 	 	38	  	 	 	6,270	  	
Reinsurance recoverable	  	 	16,160	  	  	 	18	  	  	 	96	  	 	 	26	  	  	 	930	  	 	 	—  	  	 	 	17,230	  	
Deferred tax and other assets	  	 	345	  	  	 	113	  	  	 	50	  	 	 	137	  	  	 	28	  	 	 	37	  	 	 	710	  	
Separate account assets	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	9,937	  	 	 	—  	  	 	 	9,937	  	
Assets associated with discontinued operations	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	439	  	 	 	439	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total assets	  	$	79,214	  	  	$	10,063	  	  	$	2,357	  	 	$	2,145	  	  	$	15,308	  	 	$	4,225	  	 	$	113,312	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
LIABILITIES AND STOCKHOLDERS’ EQUITY	  				  				  				 				  				 				 				
Liabilities:	  				  				  				 				  				 				 				
Future policy benefits	  	$	33,499	  	  	$	—  	  	  	$	—  	  	 	$	—  	  	  	$	6	  	 	$	—  	  	 	$	33,505	  	
Policyholder account balances	  	 	21,454	  	  	 	—  	  	  	 	—  	  	 	 	16	  	  	 	4,792	  	 	 	—  	  	 	 	26,262	  	
Liability for policy and contract claims	  	 	4,857	  	  	 	516	  	  	 	2,009	  	 	 	106	  	  	 	21	  	 	 	—  	  	 	 	7,509	  	
Unearned premiums	  	 	617	  	  	 	3,051	  	  	 	116	  	 	 	539	  	  	 	10	  	 	 	—  	  	 	 	4,333	  	
Non-recourse funding obligations	  	 	2,096	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	(30	) 	 	 	2,066	  	
Deferred tax and other liabilities	  	 	5,386	  	  	 	373	  	  	 	(801	) 	 	 	481	  	  	 	105	  	 	 	1,202	  	 	 	6,746	  	
Borrowings and capital securities	  	 	—  	  	  	 	573	  	  	 	—  	  	 	 	—  	  	  	 	8	  	 	 	4,531	  	 	 	5,112	  	
Separate account liabilities	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	9,937	  	 	 	—  	  	 	 	9,937	  	
Liabilities associated with discontinued operations	  	 	—  	  	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	61	  	 	 	61	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities	  	 	67,909	  	  	 	4,513	  	  	 	1,324	  	 	 	1,142	  	  	 	14,879	  	 	 	5,764	  	 	 	95,531	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Stockholders’ equity:	  				  				  				 				  				 				 				
Allocated equity, excluding accumulated other comprehensive income (loss)	  	 	6,895	  	  	 	3,382	  	  	 	1,006	  	 	 	925	  	  	 	540	  	 	 	(1,457	) 	 	 	11,291	  	
Allocated accumulated other comprehensive income (loss)	  	 	4,410	  	  	 	880	  	  	 	27	  	 	 	78	  	  	 	(111	) 	 	 	(82	) 	 	 	5,202	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total Genworth Financial, Inc.’s stockholders’ equity	  	 	11,305	  	  	 	4,262	  	  	 	1,033	  	 	 	1,003	  	  	 	429	  	 	 	(1,539	) 	 	 	16,493	  	
Noncontrolling interests	  	 	—  	  	  	 	1,288	  	  	 	—  	  	 	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	1,288	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total stockholders’ equity	  	 	11,305	  	  	 	5,550	  	  	 	1,033	  	 	 	1,003	  	  	 	429	  	 	 	(1,539	) 	 	 	17,781	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total liabilities and stockholders’ equity	  	$	79,214	  	  	$	10,063	  	  	$	2,357	  	 	$	2,145	  	  	$	15,308	  	 	$	4,225	  	 	$	113,312	  	

(1)	Includes inter-segment eliminations and non-core products.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Deferred Acquisition Costs Rollforward
(amounts in millions)

 	 	U.S. Life
Insurance	 	 	International
Mortgage
Insurance	 	 	U.S. Mortgage
Insurance	 	 	International
Protection	 	 	Runoff (1)	 	 	Corporate and
Other	 	 	Total	 	
Unamortized balance as of December 31, 2012	 	$	4,711	  	 	$	161	  	 	$	10	  	 	$	242	  	 	$	336	  	 	$	—  	  	 	$	5,460	  	
Costs deferred	 	 	66	  	 	 	12	  	 	 	2	  	 	 	24	  	 	 	1	  	 	 	—  	  	 	 	105	  	
Amortization, net of interest accretion	 	 	(70	) 	 	 	(14	) 	 	 	(1	) 	 	 	(26	) 	 	 	14	  	 	 	—  	  	 	 	(97	) 	
Impact of foreign currency translation	 	 	—  	  	 	 	(2	) 	 	 	—  	  	 	 	(8	) 	 	 	—  	  	 	 	—  	  	 	 	(10	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Unamortized balance as of March 31, 2013	 	 	4,707	  	 	 	157	  	 	 	11	  	 	 	232	  	 	 	351	  	 	 	—  	  	 	 	5,458	  	
Effect of accumulated net unrealized investment (gains) losses	 	 	(395	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(13	) 	 	 	—  	  	 	 	(408	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Balance as of March 31, 2013	 	$	4,312	  	 	$	157	  	 	$	11	  	 	$	232	  	 	$	338	  	 	$	—  	  	 	$	5,050	  	

(1)	Amortization, net of interest accretion, includes $19 million of amortization related to net investment gains for the policyholder account balances.	
 
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 U.S. Life Insurance Division
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Net Operating Income—U.S. Life Insurance Division
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				
Premiums	  	$	707	  	 	$	759	  	 	$	754	  	 	$	733	  	 	$	543	  	 	$	2,789	  	
Net investment income	  	 	638	  	 	 	661	  	 	 	644	  	 	 	651	  	 	 	638	  	 	 	2,594	  	
Net investment gains (losses)	  	 	(12	) 	 	 	8	  	 	 	7	  	 	 	(21	) 	 	 	(2	) 	 	 	(8	) 	
Insurance and investment product fees and other	  	 	188	  	 	 	199	  	 	 	221	  	 	 	192	  	 	 	263	  	 	 	875	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	1,521	  	 	 	1,627	  	 	 	1,626	  	 	 	1,555	  	 	 	1,442	  	 	 	6,250	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	974	  	 	 	1,075	  	 	 	1,051	  	 	 	1,038	  	 	 	786	  	 	 	3,950	  	
Interest credited	  	 	152	  	 	 	161	  	 	 	160	  	 	 	160	  	 	 	162	  	 	 	643	  	
Acquisition and operating expenses, net of deferrals	  	 	163	  	 	 	169	  	 	 	170	  	 	 	169	  	 	 	169	  	 	 	677	  	
Amortization of deferred acquisition costs and intangibles	  	 	87	  	 	 	78	  	 	 	94	  	 	 	82	  	 	 	223	  	 	 	477	  	
Interest expense	  	 	23	  	 	 	26	  	 	 	24	  	 	 	24	  	 	 	12	  	 	 	86	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	1,399	  	 	 	1,509	  	 	 	1,499	  	 	 	1,473	  	 	 	1,352	  	 	 	5,833	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	122	  	 	 	118	  	 	 	127	  	 	 	82	  	 	 	90	  	 	 	417	  	
Provision for income taxes	  	 	45	  	 	 	40	  	 	 	42	  	 	 	29	  	 	 	32	  	 	 	143	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	77	  	 	 	78	  	 	 	85	  	 	 	53	  	 	 	58	  	 	 	274	  	
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:	  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	8	  	 	 	(2	) 	 	 	1	  	 	 	11	  	 	 	6	  	 	 	16	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	85	  	 	$	76	  	 	$	86	  	 	$	64	  	 	$	64	  	 	$	290	  	

Effective tax rate (operating income) (1) 	  	 	36.4	% 	 	 	32.7	% 	 	 	32.4	% 	 	 	36.1	% 	 	 	35.6	% 	 	 	34.1	% 	

(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.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income—U.S. Life Insurance Division
(amounts in millions)

   	  	U.S. Life Insurance Segment	 	 	 	 	
Three months ended March 31, 2013	  	Life Insurance	 	 	Long-Term Care	 	 	Fixed Annuities	 	 	Total U.S. Life
Insurance Segment	 	 	Total	 	
REVENUES:	  				 				 				 				 			 	
Premiums	  	$	181	  	 	$	513	  	 	$	13	  	 	$	707	  	 	$	707	  	
Net investment income	  	 	131	  	 	 	264	  	 	 	243	  	 	 	638	  	 	 	638	  	
Net investment gains (losses)	  	 	(4	) 	 	 	(3	) 	 	 	(5	) 	 	 	(12	) 	 	 	(12	) 	
Insurance and investment product fees and other	  	 	186	  	 	 	1	  	 	 	1	  	 	 	188	  	 	 	188	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	494	  	 	 	775	  	 	 	252	  	 	 	1,521	  	 	 	1,521	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				 			 	
Benefits and other changes in policy reserves	  	 	264	  	 	 	628	  	 	 	82	  	 	 	974	  	 	 	974	  	
Interest credited	  	 	64	  	 	 	—  	  	 	 	88	  	 	 	152	  	 	 	152	  	
Acquisition and operating expenses, net of deferrals	  	 	50	  	 	 	94	  	 	 	19	  	 	 	163	  	 	 	163	  	
Amortization of deferred acquisition costs and intangibles	  	 	40	  	 	 	25	  	 	 	22	  	 	 	87	  	 	 	87	  	
Interest expense	  	 	23	  	 	 	—  	  	 	 	—  	  	 	 	23	  	 	 	23	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	441	  	 	 	747	  	 	 	211	  	 	 	1,399	  	 	 	1,399	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	53	  	 	 	28	  	 	 	41	  	 	 	122	  	 	 	122	  	
Provision for income taxes	  	 	20	  	 	 	10	  	 	 	15	  	 	 	45	  	 	 	45	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	33	  	 	 	18	  	 	 	26	  	 	 	77	  	 	 	77	  	
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:	  				 				 				 				 			 	
Net investment (gains) losses, net of taxes and other adjustments	  	 	3	  	 	 	2	  	 	 	3	  	 	 	8	  	 	 	8	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	36	  	 	$	20	  	 	$	29	  	 	$	85	  	 	$	85	  	

						
Effective tax rate (operating income)	  	 	37.6	% 	 	 	35.4	% 	 	 	35.5	% 	 	 	36.4	% 	 	 	36.4	% 	

   	  	U.S. Life Insurance Segment	 	 	 	 	
Three months ended March 31, 2012	  	Life Insurance	 	 	Long-Term Care	 	 	Fixed Annuities	 	 	Total U.S. Life
Insurance Segment	 	 	Total	 	
REVENUES:	  				 				 				 				 			 	
Premiums	  	$	(11	) 	 	$	521	  	 	$	33	  	 	$	543	  	 	$	543	  	
Net investment income	  	 	129	  	 	 	255	  	 	 	254	  	 	 	638	  	 	 	638	  	
Net investment gains (losses)	  	 	(5	) 	 	 	(2	) 	 	 	5	  	 	 	(2	) 	 	 	(2	) 	
Insurance and investment product fees and other	  	 	260	  	 	 	1	  	 	 	2	  	 	 	263	  	 	 	263	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	373	  	 	 	775	  	 	 	294	  	 	 	1,442	  	 	 	1,442	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				 			 	
Benefits and other changes in policy reserves	  	 	65	  	 	 	601	  	 	 	120	  	 	 	786	  	 	 	786	  	
Interest credited	  	 	65	  	 	 	—  	  	 	 	97	  	 	 	162	  	 	 	162	  	
Acquisition and operating expenses, net of deferrals	  	 	55	  	 	 	98	  	 	 	16	  	 	 	169	  	 	 	169	  	
Amortization of deferred acquisition costs and intangibles	  	 	172	  	 	 	22	  	 	 	29	  	 	 	223	  	 	 	223	  	
Interest expense	  	 	12	  	 	 	—  	  	 	 	—  	  	 	 	12	  	 	 	12	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	369	  	 	 	721	  	 	 	262	  	 	 	1,352	  	 	 	1,352	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	4	  	 	 	54	  	 	 	32	  	 	 	90	  	 	 	90	  	
Provision for income taxes	  	 	1	  	 	 	20	  	 	 	11	  	 	 	32	  	 	 	32	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	3	  	 	 	34	  	 	 	21	  	 	 	58	  	 	 	58	  	
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:	  				 				 				 				 			 	
Net investment (gains) losses, net of taxes and other adjustments	  	 	3	  	 	 	1	  	 	 	2	  	 	 	6	  	 	 	6	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	6	  	 	$	35	  	 	$	23	  	 	$	64	  	 	$	64	  	

						
Effective tax rate (operating income)	  	 	30.3	% 	 	 	36.5	% 	 	 	35.6	% 	 	 	35.6	% 	 	 	35.6	% 	
 
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U.S. Life Insurance Segment
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
Net Operating Income and Sales—U.S. Life Insurance Segment—Life Insurance
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q (1) 	 	 	2Q	 	 	1Q (2) 	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				
Premiums	  	$	181	  	 	$	177	  	 	$	187	  	 	$	189	  	 	$	(11	) 	 	$	542	  	
Net investment income	  	 	131	  	 	 	137	  	 	 	129	  	 	 	130	  	 	 	129	  	 	 	525	  	
Net investment gains (losses)	  	 	(4	) 	 	 	10	  	 	 	(2	) 	 	 	(9	) 	 	 	(5	) 	 	 	(6	) 	
Insurance and investment product fees and other	  	 	186	  	 	 	198	  	 	 	219	  	 	 	188	  	 	 	260	  	 	 	865	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	494	  	 	 	522	  	 	 	533	  	 	 	498	  	 	 	373	  	 	 	1,926	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	264	  	 	 	264	  	 	 	313	  	 	 	281	  	 	 	65	  	 	 	923	  	
Interest credited	  	 	64	  	 	 	69	  	 	 	66	  	 	 	65	  	 	 	65	  	 	 	265	  	
Acquisition and operating expenses, net of deferrals	  	 	50	  	 	 	44	  	 	 	51	  	 	 	55	  	 	 	55	  	 	 	205	  	
Amortization of deferred acquisition costs and intangibles	  	 	40	  	 	 	35	  	 	 	49	  	 	 	37	  	 	 	172	  	 	 	293	  	
Interest expense	  	 	23	  	 	 	25	  	 	 	24	  	 	 	23	  	 	 	12	  	 	 	84	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	441	  	 	 	437	  	 	 	503	  	 	 	461	  	 	 	369	  	 	 	1,770	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	53	  	 	 	85	  	 	 	30	  	 	 	37	  	 	 	4	  	 	 	156	  	
Provision for income taxes	  	 	20	  	 	 	30	  	 	 	10	  	 	 	13	  	 	 	1	  	 	 	54	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	33	  	 	 	55	  	 	 	20	  	 	 	24	  	 	 	3	  	 	 	102	  	
	 						
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:	  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	3	  	 	 	(6	) 	 	 	2	  	 	 	6	  	 	 	3	  	 	 	5	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	36	  	 	$	49	  	 	$	22	  	 	$	30	  	 	$	6	  	 	$	107	  	

Effective tax rate (operating income)	  	 	37.6	% 	 	 	34.9	% 	 	 	32.8	% 	 	 	35.7	% 	 	 	30.3	% 	 	 	34.4	% 	
							
SALES:	  				 				 				 				 				 				
Sales by Product:	  				 				 				 				 				 				
Term Life	  	$	4	  	 	$	—  	  	 	$	1	  	 	$	—  	  	 	$	—  	  	 	$	1	  	
Term Universal Life	  	 	1	  	 	 	11	  	 	 	19	  	 	 	32	  	 	 	31	  	 	 	93	  	
Universal Life	  	 	9	  	 	 	17	  	 	 	15	  	 	 	19	  	 	 	16	  	 	 	67	  	
Linked-Benefits	  	 	2	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	12	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	16	  	 	$	31	  	 	$	38	  	 	$	54	  	 	$	50	  	 	$	173	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Sales by Distribution Channel:	  			 	 				 				 				 				 				
Financial Intermediaries	  	$	1	  	 	$	1	  	 	$	2	  	 	$	1	  	 	$	2	  	 	$	6	  	
Independent Producers	  	 	15	  	 	 	30	  	 	 	35	  	 	 	52	  	 	 	48	  	 	 	165	  	
Dedicated Sales Specialist	  	 	—  	  	 	 	—  	  	 	 	1	  	 	 	1	  	 	 	—  	  	 	 	2	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	16	  	 	$	31	  	 	$	38	  	 	$	54	  	 	$	50	  	 	$	173	  	

 

(1)  	In the third quarter of 2012, as part of a life block transaction, the company repurchased $270 million of non-recourse funding obligations resulting in a U.S. GAAP after-tax gain of approximately $21 million. The company also recorded higher after-tax deferred acquisition costs (DAC) amortization of approximately $25 million reflecting loss recognition associated with a third-party reinsurance treaty plus additional expenses. The combined transactions resulted in a U.S. GAAP after-tax loss of $6 million.	
(2)  	In January 2012, as part of a life block transaction, the company repurchased $475 million of non-recourse funding obligations resulting in a U.S. GAAP after-tax gain of approximately $52 million and then ceded certain term life insurance policies to a third-party reinsurer resulting in a U.S. GAAP after-tax loss, net of DAC, of $93 million. The combined transactions resulted in a U.S. GAAP after-tax loss of approximately $41 million.	
 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
Life Insurance In-Force
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	  	3Q	 	  	2Q	 	  	1Q	 	
Term and Whole Life Insurance	  			 	  				  				  				  				
Life insurance in-force, net of reinsurance	  	$	338,014	  	  	$	340,394	  	  	$	382,735	  	  	$	387,333	  	  	$	391,870	  	
Life insurance in-force before reinsurance	  	$	534,194	  	  	$	539,317	  	  	$	546,829	  	  	$	554,019	  	  	$	561,186	  	
	 					
Term Universal Life Insurance	  			 	  				  				  				  				
Life insurance in-force, net of reinsurance	  	$	136,222	  	  	$	137,359	  	  	$	133,846	  	  	$	119,687	  	  	$	112,906	  	
Life insurance in-force before reinsurance	  	$	137,297	  	  	$	138,436	  	  	$	134,921	  	  	$	127,640	  	  	$	113,737	  	
	 					
Universal Life Insurance	  			 	  				  				  				  				
Life insurance in-force, net of reinsurance	  	$	44,051	  	  	$	44,129	  	  	$	43,523	  	  	$	43,232	  	  	$	42,734	  	
Life insurance in-force before reinsurance	  	$	50,906	  	  	$	50,954	  	  	$	50,364	  	  	$	50,083	  	  	$	49,527	  	
	 					
Total Life Insurance	  			 	  				  				  				  				
Life insurance in-force, net of reinsurance	  	$	518,287	  	  	$	521,882	  	  	$	560,104	  	  	$	550,252	  	  	$	547,510	  	
Life insurance in-force before reinsurance	  	$	722,397	  	  	$	728,707	  	  	$	732,114	  	  	$	731,742	  	  	$	724,450	  	
 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
Net Operating Income and Sales—U.S. Life Insurance Segment—Long-Term Care
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				
Premiums	  	$	513	  	  	$	552	  	 	$	541	  	 	$	529	  	 	$	521	  	 	$	2,143	  	
Net investment income	  	 	264	  	  	 	273	  	 	 	266	  	 	 	266	  	 	 	255	  	 	 	1,060	  	
Net investment gains (losses)	  	 	(3	) 	  	 	1	  	 	 	1	  	 	 	—  	  	 	 	(2	) 	 	 	—  	  	
Insurance and investment product fees and other	  	 	1	  	  	 	—  	  	 	 	1	  	 	 	2	  	 	 	1	  	 	 	4	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	775	  	  	 	826	  	 	 	809	  	 	 	797	  	 	 	775	  	 	 	3,207	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				
Benefits and other changes in policy reserves	  	 	628	  	  	 	694	  	 	 	625	  	 	 	654	  	 	 	601	  	 	 	2,574	  	
Interest credited	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Acquisition and operating expenses, net of deferrals	  	 	94	  	  	 	105	  	 	 	100	  	 	 	96	  	 	 	98	  	 	 	399	  	
Amortization of deferred acquisition costs and intangibles	  	 	25	  	  	 	17	  	 	 	19	  	 	 	24	  	 	 	22	  	 	 	82	  	
Interest expense	  	 	—  	  	  	 	1	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	2	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	747	  	  	 	817	  	 	 	744	  	 	 	775	  	 	 	721	  	 	 	3,057	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	28	  	  	 	9	  	 	 	65	  	 	 	22	  	 	 	54	  	 	 	150	  	
Provision for income taxes	  	 	10	  	  	 	1	  	 	 	20	  	 	 	8	  	 	 	20	  	 	 	49	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	18	  	  	 	8	  	 	 	45	  	 	 	14	  	 	 	34	  	 	 	101	  	
	 						
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:	  			 	  				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	2	  	  	 	(1	) 	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	—  	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	20	  	  	$	7	  	 	$	45	  	 	$	14	  	 	$	35	  	 	$	101	  	

Effective tax rate (operating income)	  	 	35.4	% 	  	 	2.1	% 	 	 	30.9	% 	 	 	38.4	% 	 	 	36.5	% 	 	 	32.6	% 	
							
SALES:	  				  				 				 				 				 				
Sales by Distribution Channel:	  				  				 				 				 				 				
Financial Intermediaries	  	$	4	  	  	$	6	  	 	$	5	  	 	$	5	  	 	$	5	  	 	$	21	  	
Independent Producers	  	 	21	  	  	 	41	  	 	 	46	  	 	 	35	  	 	 	28	  	 	 	150	  	
Dedicated Sales Specialist	  	 	10	  	  	 	13	  	 	 	12	  	 	 	13	  	 	 	12	  	 	 	50	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Individual Long-Term Care	  	 	35	  	  	 	60	  	 	 	63	  	 	 	53	  	 	 	45	  	 	 	221	  	
Group Long-Term Care	  	 	5	  	  	 	4	  	 	 	6	  	 	 	7	  	 	 	3	  	 	 	20	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	40	  	  	$	64	  	 	$	69	  	 	$	60	  	 	$	48	  	 	$	241	  	

RATIOS:	  				  				 				 				 				 				
Loss Ratio (1)	  	 	69.2	% 	  	 	76.2	% 	 	 	65.8	% 	 	 	74.2	% 	 	 	66.4	% 	 	 	70.7	% 	
Gross Benefits Ratio (2)	  	 	122.8	% 	  	 	126.4	% 	 	 	115.0	% 	 	 	124.1	% 	 	 	115.1	% 	 	 	120.2	% 	

(1)  	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.	
(2)  	The gross benefits ratio was calculated by dividing the benefits and other changes in policy reserves by net earned premiums.	
 
20

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
Net Operating Income and Sales—U.S. Life Insurance Segment—Fixed Annuities
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				
Premiums	  	$	13	  	 	$	30	  	 	$	26	  	 	$	15	  	 	$	33	  	 	$	104	  	
Net investment income	  	 	243	  	 	 	251	  	 	 	249	  	 	 	255	  	 	 	254	  	 	 	1,009	  	
Net investment gains (losses)	  	 	(5	) 	 	 	(3	) 	 	 	8	  	 	 	(12	) 	 	 	5	  	 	 	(2	) 	
Insurance and investment product fees and other	  	 	1	  	 	 	1	  	 	 	1	  	 	 	2	  	 	 	2	  	 	 	6	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	252	  	 	 	279	  	 	 	284	  	 	 	260	  	 	 	294	  	 	 	1,117	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	82	  	 	 	117	  	 	 	113	  	 	 	103	  	 	 	120	  	 	 	453	  	
Interest credited	  	 	88	  	 	 	92	  	 	 	94	  	 	 	95	  	 	 	97	  	 	 	378	  	
Acquisition and operating expenses, net of deferrals	  	 	19	  	 	 	20	  	 	 	19	  	 	 	18	  	 	 	16	  	 	 	73	  	
Amortization of deferred acquisition costs and intangibles	  	 	22	  	 	 	26	  	 	 	26	  	 	 	21	  	 	 	29	  	 	 	102	  	
Interest expense	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	211	  	 	 	255	  	 	 	252	  	 	 	237	  	 	 	262	  	 	 	1,006	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	41	  	 	 	24	  	 	 	32	  	 	 	23	  	 	 	32	  	 	 	111	  	
Provision for income taxes	  	 	15	  	 	 	9	  	 	 	12	  	 	 	8	  	 	 	11	  	 	 	40	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	26	  	 	 	15	  	 	 	20	  	 	 	15	  	 	 	21	  	 	 	71	  	
	 						
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:	  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	3	  	 	 	5	  	 	 	(1	) 	 	 	5	  	 	 	2	  	 	 	11	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	  	$	29	  	 	$	20	  	 	$	19	  	 	$	20	  	 	$	23	  	 	$	82	  	

Effective tax rate (operating income)	  	 	35.5	% 	 	 	35.1	% 	 	 	35.4	% 	 	 	35.3	% 	 	 	35.6	% 	 	 	35.3	% 	
							
SALES:	  				 				 				 				 				 				
Sales by Product:	  				 				 				 				 				 				
Single Premium Immediate Annuities	  	$	40	  	 	$	69	  	 	$	63	  	 	$	51	  	 	$	74	  	 	$	257	  	
Single Premium Deferred Annuities	  	 	67	  	 	 	179	  	 	 	424	  	 	 	285	  	 	 	262	  	 	 	1,150	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	107	  	 	$	248	  	 	$	487	  	 	$	336	  	 	$	336	  	 	$	1,407	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Sales by Distribution Channel:	  			 	 				 				 				 				 				
Financial Intermediaries	  	$	47	  	 	$	120	  	 	$	336	  	 	$	242	  	 	$	216	  	 	$	914	  	
Independent Producers	  	 	56	  	 	 	118	  	 	 	145	  	 	 	90	  	 	 	116	  	 	 	469	  	
Dedicated Sales Specialists	  	 	4	  	 	 	10	  	 	 	6	  	 	 	4	  	 	 	4	  	 	 	24	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	107	  	 	$	248	  	 	$	487	  	 	$	336	  	 	$	336	  	 	$	1,407	  	

 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
Selected Operating Performance Measures—U.S. Life Insurance Segment—Fixed Annuities
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Single Premium Deferred Annuities	  			 	  				 				 				 				 				
Account value, beginning of the period	  	$	11,038	  	  	$	11,104	  	 	$	10,904	  	 	$	10,849	  	 	$	10,831	  	 	$	10,831	  	
Deposits	  	 	68	  	  	 	184	  	 	 	427	  	 	 	286	  	 	 	264	  	 	 	1,161	  	
Surrenders, benefits and product charges	  	 	(302	) 	  	 	(331	) 	 	 	(310	) 	 	 	(314	) 	 	 	(330	) 	 	 	(1,285	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(234	) 	  	 	(147	) 	 	 	117	  	 	 	(28	) 	 	 	(66	) 	 	 	(124	) 	
Interest credited	  	 	77	  	  	 	81	  	 	 	83	  	 	 	83	  	 	 	84	  	 	 	331	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of the period	  	 	10,881	  	  	 	11,038	  	 	 	11,104	  	 	 	10,904	  	 	 	10,849	  	 	 	11,038	  	

Single Premium Immediate Annuities	  			 	  				 				 				 				 				
Account value, beginning of the period	  	 	6,442	  	  	 	6,469	  	 	 	6,427	  	 	 	6,404	  	 	 	6,433	  	 	 	6,433	  	
Premiums and deposits	  	 	65	  	  	 	93	  	 	 	90	  	 	 	81	  	 	 	106	  	 	 	370	  	
Surrenders, benefits and product charges	  	 	(235	) 	  	 	(235	) 	 	 	(222	) 	 	 	(235	) 	 	 	(237	) 	 	 	(929	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(170	) 	  	 	(142	) 	 	 	(132	) 	 	 	(154	) 	 	 	(131	) 	 	 	(559	) 	
Interest credited	  	 	73	  	  	 	75	  	 	 	75	  	 	 	77	  	 	 	78	  	 	 	305	  	
Effect of accumulated net unrealized investment gains (losses)	  	 	(26	) 	  	 	40	  	 	 	99	  	 	 	100	  	 	 	24	  	 	 	263	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of the period	  	 	6,319	  	  	 	6,442	  	 	 	6,469	  	 	 	6,427	  	 	 	6,404	  	 	 	6,442	  	

Structured Settlements	  			 	  				 				 				 				 				
Account value, net of reinsurance, beginning of the period	  	 	1,101	  	  	 	1,104	  	 	 	1,106	  	 	 	1,107	  	 	 	1,107	  	 	 	1,107	  	
Surrenders, benefits and product charges	  	 	(15	) 	  	 	(17	) 	 	 	(17	) 	 	 	(16	) 	 	 	(14	) 	 	 	(64	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(15	) 	  	 	(17	) 	 	 	(17	) 	 	 	(16	) 	 	 	(14	) 	 	 	(64	) 	
Interest credited	  	 	15	  	  	 	14	  	 	 	15	  	 	 	15	  	 	 	14	  	 	 	58	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, net of reinsurance, end of the period	  	 	1,101	  	  	 	1,101	  	 	 	1,104	  	 	 	1,106	  	 	 	1,107	  	 	 	1,101	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Fixed Annuities	  	$	18,301	  	  	$	18,581	  	 	$	18,677	  	 	$	18,437	  	 	$	18,360	  	 	$	18,581	  	

 
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Global Mortgage Insurance Division
 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Net Operating Income (Loss)—Global Mortgage Insurance Division
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				
Premiums	  	$	388	  	 	$	395	  	 	$	394	  	 	$	393	  	 	$	383	  	 	$	1,565	  	
Net investment income	  	 	107	  	 	 	104	  	 	 	112	  	 	 	107	  	 	 	120	  	 	 	443	  	
Net investment gains (losses)	  	 	3	  	 	 	12	  	 	 	—  	  	 	 	11	  	 	 	29	  	 	 	52	  	
Insurance and investment product fees and other	  	 	1	  	 	 	2	  	 	 	—  	  	 	 	20	  	 	 	2	  	 	 	24	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	499	  	 	 	513	  	 	 	506	  	 	 	531	  	 	 	534	  	 	 	2,084	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	184	  	 	 	275	  	 	 	273	  	 	 	289	  	 	 	404	  	 	 	1,241	  	
Acquisition and operating expenses, net of deferrals	  	 	91	  	 	 	(91	) 	 	 	102	  	 	 	94	  	 	 	93	  	 	 	198	  	
Amortization of deferred acquisition costs and intangibles	  	 	17	  	 	 	15	  	 	 	18	  	 	 	18	  	 	 	18	  	 	 	69	  	
Interest expense	  	 	9	  	 	 	9	  	 	 	9	  	 	 	8	  	 	 	10	  	 	 	36	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	301	  	 	 	208	  	 	 	402	  	 	 	409	  	 	 	525	  	 	 	1,544	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	198	  	 	 	305	  	 	 	104	  	 	 	122	  	 	 	9	  	 	 	540	  	
Provision (benefit) for income taxes	  	 	57	  	 	 	66	  	 	 	12	  	 	 	31	  	 	 	(4	) 	 	 	105	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	141	  	 	 	239	  	 	 	92	  	 	 	91	  	 	 	13	  	 	 	435	  	
Less: net income attributable to noncontrolling interests	  	 	38	  	 	 	98	  	 	 	36	  	 	 	33	  	 	 	33	  	 	 	200	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	103	  	 	 	141	  	 	 	56	  	 	 	58	  	 	 	(20	) 	 	 	235	  	
	 						
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	(1	) 	 	 	(8	) 	 	 	1	  	 	 	(7	) 	 	 	(17	) 	 	 	(31	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS) (1)	  	$	102	  	 	$	133	  	 	$	57	  	 	$	51	  	 	$	(37	) 	 	$	204	  	

Effective tax rate (operating income (loss))	  	 	29.9	% 	 	 	19.6	% 	 	 	-1.8	% 	 	 	21.6	% 	 	 	41.5	% 	 	 	8.5	% 	

(1)  	Net operating income (loss) adjusted for foreign exchange as compared to the prior year period for the Global Mortgage Insurance Division was $103 million for the three months ended March 31, 2013.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income (Loss)—Global Mortgage Insurance Division
(amounts in millions)

 	  	International Mortgage Insurance Segment	 	 	 	 	 	 	 	
Three months ended March 31, 2013	  	Canada	 	 	Australia	 	 	Other
Countries	 	 	Total International
Mortgage Insurance
Segment	 	 	U.S. Mortgage
Insurance
Segment	 	 	Total	 	
REVENUES:	  				 				 				 				 				 			 	
Premiums	  	$	144	  	 	$	101	  	 	$	9	  	 	$	254	  	 	$	134	  	 	$	388	  	
Net investment income	  	 	44	  	 	 	43	  	 	 	1	  	 	 	88	  	 	 	19	  	 	 	107	  	
Net investment gains (losses)	  	 	4	  	 	 	(1	) 	 	 	—  	  	 	 	3	  	 	 	—  	  	 	 	3	  	
Insurance and investment product fees and other	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	1	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	192	  	 	 	143	  	 	 	10	  	 	 	345	  	 	 	154	  	 	 	499	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				 				 			 	
Benefits and other changes in policy reserves	  	 	44	  	 	 	48	  	 	 	8	  	 	 	100	  	 	 	84	  	 	 	184	  	
Acquisition and operating expenses, net of deferrals	  	 	19	  	 	 	24	  	 	 	9	  	 	 	52	  	 	 	39	  	 	 	91	  	
Amortization of deferred acquisition costs and intangibles	  	 	10	  	 	 	6	  	 	 	—  	  	 	 	16	  	 	 	1	  	 	 	17	  	
Interest expense	  	 	6	  	 	 	3	  	 	 	—  	  	 	 	9	  	 	 	—  	  	 	 	9	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	79	  	 	 	81	  	 	 	17	  	 	 	177	  	 	 	124	  	 	 	301	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	113	  	 	 	62	  	 	 	(7	) 	 	 	168	  	 	 	30	  	 	 	198	  	
Provision for income taxes	  	 	32	  	 	 	16	  	 	 	—  	  	 	 	48	  	 	 	9	  	 	 	57	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	  	 	81	  	 	 	46	  	 	 	(7	) 	 	 	120	  	 	 	21	  	 	 	141	  	
Less: net income attributable to noncontrolling interests	  	 	38	  	 	 	—  	  	 	 	—  	  	 	 	38	  	 	 	—  	  	 	 	38	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	43	  	 	 	46	  	 	 	(7	) 	 	 	82	  	 	 	21	  	 	 	103	  	
						 	
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	  				 				 				 				 				 			 	
Net investment (gains) losses, net of taxes and other adjustments	  	 	(1	) 	 	 	—  	  	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	42	  	 	$	46	  	 	$	(7	) 	 	$	81	  	 	$	21	  	 	$	102	  	

Effective tax rate (operating income (loss))	  	 	30.2	% 	 	 	26.6	% 	 	 	4.9	% 	 	 	29.9	% 	 	 	30.1	% 	 	 	29.9	% 	
				
 	  	International Mortgage Insurance Segment	 	 	 	 	 	 	 	
Three months ended March 31, 2012	  	Canada	 	 	Australia	 	 	Other
Countries	 	 	Total International
Mortgage Insurance
Segment	 	 	U.S. Mortgage
Insurance
Segment	 	 	Total	 	
REVENUES:	  				 				 				 				 				 			 	
Premiums	  	$	145	  	 	$	91	  	 	$	11	  	 	$	247	  	 	$	136	  	 	$	383	  	
Net investment income	  	 	47	  	 	 	47	  	 	 	3	  	 	 	97	  	 	 	23	  	 	 	120	  	
Net investment gains (losses)	  	 	6	  	 	 	(5	) 	 	 	1	  	 	 	2	  	 	 	27	  	 	 	29	  	
Insurance and investment product fees and other	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	2	  	 	 	2	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	198	  	 	 	133	  	 	 	15	  	 	 	346	  	 	 	188	  	 	 	534	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				 				 				 			 	
Benefits and other changes in policy reserves	  	 	55	  	 	 	138	  	 	 	14	  	 	 	207	  	 	 	197	  	 	 	404	  	
Acquisition and operating expenses, net of deferrals	  	 	26	  	 	 	23	  	 	 	10	  	 	 	59	  	 	 	34	  	 	 	93	  	
Amortization of deferred acquisition costs and intangibles	  	 	10	  	 	 	7	  	 	 	—  	  	 	 	17	  	 	 	1	  	 	 	18	  	
Interest expense	  	 	6	  	 	 	4	  	 	 	—  	  	 	 	10	  	 	 	—  	  	 	 	10	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	97	  	 	 	172	  	 	 	24	  	 	 	293	  	 	 	232	  	 	 	525	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	101	  	 	 	(39	) 	 	 	(9	) 	 	 	53	  	 	 	(44	) 	 	 	9	  	
Provision (benefit) for income taxes	  	 	29	  	 	 	(15	) 	 	 	(1	) 	 	 	13	  	 	 	(17	) 	 	 	(4	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	  	 	72	  	 	 	(24	) 	 	 	(8	) 	 	 	40	  	 	 	(27	) 	 	 	13	  	
Less: net income attributable to noncontrolling interests	  	 	33	  	 	 	—  	  	 	 	—  	  	 	 	33	  	 	 	—  	  	 	 	33	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	39	  	 	 	(24	) 	 	 	(8	) 	 	 	7	  	 	 	(27	) 	 	 	(20	) 	
						 	
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	  				 				 				 				 				 			 	
Net investment (gains) losses, net of taxes and other adjustments	  	 	(2	) 	 	 	3	  	 	 	(1	) 	 	 	—  	  	 	 	(17	) 	 	 	(17	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	37	  	 	$	(21	) 	 	$	(9	) 	 	$	7	  	 	$	(44	) 	 	$	(37	) 	

Effective tax rate (operating income (loss))	  	 	29.3	% 	 	 	39.9	% 	 	 	10.1	% 	 	 	6.8	% 	 	 	37.7	% 	 	 	41.5	% 	
 
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International Mortgage Insurance Segment
 
26

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income—International Mortgage Insurance Segment
(amounts in millions)

 	 	 	  	2013	 	 	2012	 	
 	 	 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	 		  			 	 				 				 				 				 				
Premiums	 		  	$	254	  	 	$	257	  	 	$	256	  	 	$	256	  	 	$	247	  	 	$	1,016	  	
Net investment income	 		  	 	88	  	 	 	92	  	 	 	92	  	 	 	94	  	 	 	97	  	 	 	375	  	
Net investment gains (losses)	 		  	 	3	  	 	 	1	  	 	 	2	  	 	 	11	  	 	 	2	  	 	 	16	  	
Insurance and investment product fees and other	 		  	 	—  	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 		  	 	345	  	 	 	351	  	 	 	350	  	 	 	361	  	 	 	346	  	 	 	1,408	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 		  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	 		  	 	100	  	 	 	95	  	 	 	99	  	 	 	115	  	 	 	207	  	 	 	516	  	
Acquisition and operating expenses, net of deferrals	 		  	 	52	  	 	 	(127	) 	 	 	62	  	 	 	61	  	 	 	59	  	 	 	55	  	
Amortization of deferred acquisition costs and intangibles	 		  	 	16	  	 	 	14	  	 	 	17	  	 	 	16	  	 	 	17	  	 	 	64	  	
Interest expense	 		  	 	9	  	 	 	9	  	 	 	9	  	 	 	8	  	 	 	10	  	 	 	36	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 		  	 	177	  	 	 	(9	) 	 	 	187	  	 	 	200	  	 	 	293	  	 	 	671	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	 		  	 	168	  	 	 	360	  	 	 	163	  	 	 	161	  	 	 	53	  	 	 	737	  	
Provision for income taxes	 		  	 	48	  	 	 	96	  	 	 	34	  	 	 	45	  	 	 	13	  	 	 	188	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	 		  	 	120	  	 	 	264	  	 	 	129	  	 	 	116	  	 	 	40	  	 	 	549	  	
Less: net income attributable to noncontrolling interests	 		  	 	38	  	 	 	98	  	 	 	36	  	 	 	33	  	 	 	33	  	 	 	200	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 		  	 	82	  	 	 	166	  	 	 	93	  	 	 	83	  	 	 	7	  	 	 	349	  	
		 						
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	 		  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 		  	 	(1	) 	 	 	(1	) 	 	 	1	  	 	 	(7	) 	 	 	—  	  	 	 	(7	) 	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (1) 	 		  	$	81	  	 	$	165	  	 	$	94	  	 	$	76	  	 	$	7	  	 	$	342	  	

Effective tax rate (operating income)	 		  	 	29.9	% 	 	 	28.5	% 	 	 	17.6	% 	 	 	27.4	% 	 	 	6.8	% 	 	 	25.1	% 	

(1)	Net operating income adjusted for foreign exchange as compared to the prior year period for the International Mortgage Insurance segment was $82 million for the three months ended March 31, 2013.	
 
27

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income and Sales—International Mortgage Insurance Segment—Canada
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q (1)	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				
Premiums	  	$	144	  	 	$	147	  	 	$	147	  	 	$	148	  	 	$	145	  	 	$	587	  	
Net investment income	  	 	44	  	 	 	47	  	 	 	46	  	 	 	47	  	 	 	47	  	 	 	187	  	
Net investment gains (losses)	  	 	4	  	 	 	1	  	 	 	4	  	 	 	1	  	 	 	6	  	 	 	12	  	
Insurance and investment product fees and other	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	192	  	 	 	195	  	 	 	197	  	 	 	196	  	 	 	198	  	 	 	786	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	44	  	 	 	46	  	 	 	44	  	 	 	48	  	 	 	55	  	 	 	193	  	
Acquisition and operating expenses, net of deferrals	  	 	19	  	 	 	(163	) 	 	 	28	  	 	 	29	  	 	 	26	  	 	 	(80	) 	
Amortization of deferred acquisition costs and intangibles	  	 	10	  	 	 	9	  	 	 	10	  	 	 	10	  	 	 	10	  	 	 	39	  	
Interest expense	  	 	6	  	 	 	6	  	 	 	6	  	 	 	5	  	 	 	6	  	 	 	23	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	79	  	 	 	(102	) 	 	 	88	  	 	 	92	  	 	 	97	  	 	 	175	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	113	  	 	 	297	  	 	 	109	  	 	 	104	  	 	 	101	  	 	 	611	  	
Provision for income taxes	  	 	32	  	 	 	84	  	 	 	29	  	 	 	30	  	 	 	29	  	 	 	172	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	81	  	 	 	213	  	 	 	80	  	 	 	74	  	 	 	72	  	 	 	439	  	
Less: net income attributable to noncontrolling interests	  	 	38	  	 	 	98	  	 	 	36	  	 	 	33	  	 	 	33	  	 	 	200	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	43	  	 	 	115	  	 	 	44	  	 	 	41	  	 	 	39	  	 	 	239	  	
	 						
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	(1	) 	 	 	(1	) 	 	 	(2	) 	 	 	—  	  	 	 	(2	) 	 	 	(5	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (2) 	  	$	42	  	 	$	114	  	 	$	42	  	 	$	41	  	 	$	37	  	 	$	234	  	

Effective tax rate (operating income)	  	 	30.2	% 	 	 	31.6	% 	 	 	25.6	% 	 	 	30.0	% 	 	 	29.3	% 	 	 	29.9	% 	
							
SALES:	  				 				 				 				 				 				
New Insurance Written (NIW)	  				 				 				 				 				 				
Flow	  	$	3,300	  	 	$	4,400	  	 	$	7,200	  	 	$	5,700	  	 	$	3,500	  	 	$	20,800	  	
Bulk	  	 	2,400	  	 	 	4,100	  	 	 	2,600	  	 	 	13,100	  	 	 	500	  	 	 	20,300	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Canada NIW (3) 	  	$	5,700	  	 	$	8,500	  	 	$	9,800	  	 	$	18,800	  	 	$	4,000	  	 	$	41,100	  	

 

(1)	Effective January 1, 2013, the Government Guarantee Agreement and all obligations under it, including the requirement for a government guarantee fund and payment of exit fees related to it, was terminated. As a result, in the fourth quarter of 2012, acquisition and operating expenses, net of deferrals, for the Canadian platform included a favorable adjustment of $186 million associated with the reversal of the accrued liability for exit fees. This adjustment impacted net income available to Genworth Financial, Inc.’s common stockholders by $78 million, net of taxes, and net income attributable to noncontrolling interests by $58 million, net of taxes.	
(2)	Net operating income for the Canadian platform adjusted for foreign exchange as compared to the prior year period was $42 million million for the three months ended March 31, 2013.	
(3)	New insurance written for the Canadian platform adjusted for foreign exchange as compared to the prior year period was $5,700 million for the three months ended March 31, 2013.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income (Loss) and Sales—International Mortgage Insurance Segment—Australia
(amounts in millions)

 	 	 	  	2013	 	 	2012	 	
 	 	 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	 		  			 	 				 				 				 				 				
Premiums	 		  	$	101	  	 	$	101	  	 	$	98	  	 	$	98	  	 	$	91	  	 	$	388	  	
Net investment income	 		  	 	43	  	 	 	44	  	 	 	44	  	 	 	46	  	 	 	47	  	 	 	181	  	
Net investment gains (losses)	 		  	 	(1	) 	 	 	1	  	 	 	(2	) 	 	 	4	  	 	 	(5	) 	 	 	(2	) 	
Insurance and investment product fees and other	 		  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 		  	 	143	  	 	 	146	  	 	 	140	  	 	 	148	  	 	 	133	  	 	 	567	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 		  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	 		  	 	48	  	 	 	37	  	 	 	46	  	 	 	53	  	 	 	138	  	 	 	274	  	
Acquisition and operating expenses, net of deferrals	 		  	 	24	  	 	 	27	  	 	 	26	  	 	 	23	  	 	 	23	  	 	 	99	  	
Amortization of deferred acquisition costs and intangibles	 		  	 	6	  	 	 	5	  	 	 	6	  	 	 	6	  	 	 	7	  	 	 	24	  	
Interest expense	 		  	 	3	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	4	  	 	 	13	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 		  	 	81	  	 	 	72	  	 	 	81	  	 	 	85	  	 	 	172	  	 	 	410	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	 		  	 	62	  	 	 	74	  	 	 	59	  	 	 	63	  	 	 	(39	) 	 	 	157	  	
Provision (benefit) for income taxes	 		  	 	16	  	 	 	12	  	 	 	4	  	 	 	16	  	 	 	(15	) 	 	 	17	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	 		  	 	46	  	 	 	62	  	 	 	55	  	 	 	47	  	 	 	(24	) 	 	 	140	  	
Less: net income attributable to noncontrolling interests	 		  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	 		  	 	46	  	 	 	62	  	 	 	55	  	 	 	47	  	 	 	(24	) 	 	 	140	  	
		 						
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	 		  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 		  	 	—  	  	 	 	—  	  	 	 	2	  	 	 	(3	) 	 	 	3	  	 	 	2	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS) (1) 	 		  	$	46	  	 	$	62	  	 	$	57	  	 	$	44	  	 	$	(21	) 	 	$	142	  	

Effective tax rate (operating income (loss))	 		  	 	26.6	% 	 	 	16.5	% 	 	 	8.2	% 	 	 	24.8	% 	 	 	39.9	% 	 	 	11.3	% 	
								
SALES:	 		  				 				 				 				 				 				
New Insurance Written (NIW)	 		  				 				 				 				 				 				
Flow	 		  	$	7,900	  	 	$	9,600	  	 	$	8,800	  	 	$	8,200	  	 	$	7,700	  	 	$	34,300	  	
Bulk	 		  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	300	  	 	 	300	  	 	 	600	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Australia NIW (2) 	 		  	$	7,900	  	 	$	9,600	  	 	$	8,800	  	 	$	8,500	  	 	$	8,000	  	 	$	34,900	  	

 

(1)  	Net operating income for the Australian platform adjusted for foreign exchange as compared to the prior year period was $46 million for the three months ended March 31, 2013.	
(2)  	New insurance written for the Australian platform adjusted for foreign exchange as compared to the prior year period was $7,900 million for the three months ended March 31, 2013.	
 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Loss and Sales—International Mortgage Insurance Segment—Other Countries
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				
Premiums	  	$	9	  	 	$	9	  	 	$	11	  	 	$	10	  	 	$	11	  	 	$	41	  	
Net investment income	  	 	1	  	 	 	1	  	 	 	2	  	 	 	1	  	 	 	3	  	 	 	7	  	
Net investment gains (losses)	  	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	6	  	 	 	1	  	 	 	6	  	
Insurance and investment product fees and other	  	 	—  	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	10	  	 	 	10	  	 	 	13	  	 	 	17	  	 	 	15	  	 	 	55	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	8	  	 	 	12	  	 	 	9	  	 	 	14	  	 	 	14	  	 	 	49	  	
Acquisition and operating expenses, net of deferrals	  	 	9	  	 	 	9	  	 	 	8	  	 	 	9	  	 	 	10	  	 	 	36	  	
Amortization of deferred acquisition costs and intangibles	  	 	—  	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	1	  	
Interest expense	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	17	  	 	 	21	  	 	 	18	  	 	 	23	  	 	 	24	  	 	 	86	  	

LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	(7	) 	 	 	(11	) 	 	 	(5	) 	 	 	(6	) 	 	 	(9	) 	 	 	(31	) 	
Provision (benefit) for income taxes	  	 	—  	  	 	 	—  	  	 	 	1	  	 	 	(1	) 	 	 	(1	) 	 	 	(1	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LOSS FROM CONTINUING OPERATIONS	  	 	(7	) 	 	 	(11	) 	 	 	(6	) 	 	 	(5	) 	 	 	(8	) 	 	 	(30	) 	
Less: net income attributable to noncontrolling interests	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LOSS FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	  	 	(7	) 	 	 	(11	) 	 	 	(6	) 	 	 	(5	) 	 	 	(8	) 	 	 	(30	) 	
	 						
ADJUSTMENT TO LOSS FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:	  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	—  	  	 	 	—  	  	 	 	1	  	 	 	(4	) 	 	 	(1	) 	 	 	(4	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING LOSS (1)	  	$	(7	) 	 	$	(11	) 	 	$	(5	) 	 	$	(9	) 	 	$	(9	) 	 	$	(34	) 	

Effective tax rate (operating loss)	  	 	4.9	% 	 	 	-5.6	% 	 	 	-0.6	% 	 	 	26.7	% 	 	 	10.1	% 	 	 	8.8	% 	
							
SALES:	  				 				 				 				 				 				
New Insurance Written (NIW)	  				 				 				 				 				 				
Flow	  	$	400	  	 	$	500	  	 	$	400	  	 	$	500	  	 	$	300	  	 	$	1,700	  	
Bulk	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Other Countries NIW (2)	  	$	400	  	 	$	500	  	 	$	400	  	 	$	500	  	 	$	300	  	 	$	1,700	  	

 

(1)  	Net operating loss for the Other Countries platform adjusted for foreign exchange as compared to the prior year period was $(6) million for the three months ended March 31, 2013.	
(2)  	New insurance written for the Other Countries platform adjusted for foreign exchange as compared to the prior year period was $400 million for the three months ended March 31, 2013.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Selected Key Performance Measures—International Mortgage Insurance Segment
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Net Premiums Written	  			 	  				 				 				 				 				
Canada	  	$	84	  	  	$	118	  	 	$	176	  	 	$	175	  	 	$	79	  	 	$	548	  	
Australia	  	 	117	  	  	 	157	  	 	 	131	  	 	 	103	  	 	 	102	  	 	 	493	  	
Other Countries (1)	  	 	5	  	  	 	—  	  	 	 	7	  	 	 	7	  	 	 	6	  	 	 	20	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total International Net Premiums Written	  	$	206	  	  	$	275	  	 	$	314	  	 	$	285	  	 	$	187	  	 	$	1,061	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Loss Ratio (2)	  			 	  				 				 				 				 				
Canada	  	 	31	% 	  	 	31	% 	 	 	30	% 	 	 	32	% 	 	 	38	% 	 	 	33	% 	
Australia	  	 	47	% 	  	 	36	% 	 	 	47	% 	 	 	54	% 	 	 	154	% 	 	 	70	% 	
Other Countries	  	 	90	% 	  	 	133	% 	 	 	97	% 	 	 	129	% 	 	 	128	% 	 	 	122	% 	
Total International Loss Ratio	  	 	39	% 	  	 	37	% 	 	 	39	% 	 	 	45	% 	 	 	84	% 	 	 	51	% 	
	 						
GAAP Basis Expense Ratio (3)	  			 	  				 				 				 				 				
Canada (4)	  	 	20	% 	  	 	-103	% 	 	 	26	% 	 	 	26	% 	 	 	25	% 	 	 	-7	% 	
Australia	  	 	31	% 	  	 	32	% 	 	 	32	% 	 	 	30	% 	 	 	33	% 	 	 	32	% 	
Other Countries (1)	  	 	113	% 	  	 	103	% 	 	 	85	% 	 	 	82	% 	 	 	94	% 	 	 	90	% 	
Total International GAAP Basis Expense Ratio (4)	  	 	27	% 	  	 	-43	% 	 	 	30	% 	 	 	30	% 	 	 	31	% 	 	 	12	% 	
	 						
Adjusted Expense Ratio (5)	  			 	  				 				 				 				 				
Canada (4)	  	 	35	% 	  	 	-130	% 	 	 	21	% 	 	 	22	% 	 	 	46	% 	 	 	-7	% 	
Australia	  	 	27	% 	  	 	21	% 	 	 	24	% 	 	 	29	% 	 	 	29	% 	 	 	25	% 	
Other Countries (1)	  	 	174	% 	  	 	NM	(6)  	 	 	118	% 	 	 	131	% 	 	 	162	% 	 	 	185	% 	
Total International Adjusted Expense Ratio (4)	  	 	34	% 	  	 	-41	% 	 	 	25	% 	 	 	27	% 	 	 	41	% 	 	 	11	% 	
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 $225 million, $213 million, $183 million, $154 million and $134 million of risk in-force in Europe ceded under quota share reinsurance agreements as of March 31, 2013, December 31, 2012, September 30, 2012, June 30, 2012 and March 31, 2012, 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 DAC and intangibles.	
(4)  	Effective January 1, 2013, the Government Guarantee Agreement and all obligations under it, including the requirement for a government guarantee fund and payment of exit fees related to it, was terminated. As a result, in the fourth quarter of 2012, acquisition and operating expenses, net of deferrals, for the Canadian platform included a favorable adjustment of $186 million associated with the reversal of the accrued liability for exit fees. For the three and twelve months ended December 31, 2012, excluding the exit fee adjustment, the GAAP basis expense ratios for the Canadian platform were 22% and 25%, respectively, and the adjusted expense ratios for the Canadian platform were 28% and 27%, respectively. For the three and twelve months ended December 31, 2012, excluding the exit fee adjustment, the GAAP basis expense ratios for the International Mortgage Insurance segment were 29% and 30%, respectively, and the adjusted expense ratios for the International Mortgage Insurance segment were 27% and 29%, respectively.	
(5)  	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.	
(6)  	"NM" is defined as not meaningful for percentages greater than 200%.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Selected Key Performance Measures—International Mortgage Insurance Segment
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	  	2Q	 	  	1Q	 	
	 					
Primary Insurance In-Force	  			 	  				 				  				  				
Canada	  	$	284,700	  	  	$	303,400	(1)  	 	$	299,600	  	  	$	281,700	  	  	$	269,100	  	
Australia	  	 	299,000	  	  	 	295,600	  	 	 	291,500	  	  	 	286,200	  	  	 	287,100	  	
Other Countries	  	 	31,400	  	  	 	32,200	  	 	 	31,900	  	  	 	31,400	  	  	 	33,600	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
Total International Primary Insurance In-Force	  	$	615,100	  	  	$	631,200	  	 	$	623,000	  	  	$	599,300	  	  	$	589,800	  	

Primary Risk In-Force (2)	  			 	  				 				  				  				
Canada	  			 	  				 				  				  				
Flow	  	$	80,900	  	  	$	81,900	  	 	$	81,300	  	  	$	76,600	  	  	$	76,200	  	
Bulk	  	 	18,800	  	  	 	24,300	  	 	 	23,500	  	  	 	22,000	  	  	 	18,000	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
Total Canada	  	 	99,700	  	  	 	106,200	  	 	 	104,800	  	  	 	98,600	  	  	 	94,200	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
Australia	  			 	  				 				  				  				
Flow	  	 	96,100	  	  	 	94,800	  	 	 	93,100	  	  	 	90,600	  	  	 	90,600	  	
Bulk	  	 	8,500	  	  	 	8,700	  	 	 	9,000	  	  	 	9,600	  	  	 	9,900	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
Total Australia	  	 	104,600	  	  	 	103,500	  	 	 	102,100	  	  	 	100,200	  	  	 	100,500	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
Other Countries	  			 	  				 				  				  				
Flow (3)	  	 	3,900	  	  	 	4,000	  	 	 	3,900	  	  	 	3,900	  	  	 	4,200	  	
Bulk	  	 	300	  	  	 	300	  	 	 	400	  	  	 	400	  	  	 	400	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
Total Other Countries	  	 	4,200	  	  	 	4,300	  	 	 	4,300	  	  	 	4,300	  	  	 	4,600	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
Total International Primary Risk In-Force	  	$	208,500	  	  	$	214,000	  	 	$	211,200	  	  	$	203,100	  	  	$	199,300	  	

 

(1)  	As part of an ongoing effort to improve the estimate of outstanding insurance exposure, the company surveyed its largest customers and obtained updated outstanding balances in Canada. As a result, the company estimates that the outstanding balance of insured mortgages was approximately $150.0 billion as of December 31, 2012. This is based on the extrapolation of the amounts reported by lenders surveyed to the entire insured population.	
(2)  	The businesses in Australia 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 and Canada. This factor was 35% for all periods presented.	
(3)  	Includes the impact of settlements and cancelled insurance contracts, primarily with lenders in Europe. Primary flow risk in-force excludes $225 million, $213 million, $183 million, $154 million and $134 million of risk in-force in Europe ceded under quota share reinsurance agreements as of March 31, 2013, December 31, 2012, September 30, 2012, June 30, 2012 and March 31, 2012, respectively.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Selected Key Performance Measures—International Mortgage Insurance Segment—Canada
(dollar amounts in millions)

Primary Insurance	  	March 31, 2013	 	 	December 31, 2012	 	 	September 30, 2012	 	 	June 30, 2012	 	 	March 31, 2012	 	 	 	 	
Insured loans in-force (1)	  	 	1,428,163	  	 	 	1,502,858	  	 	 	1,483,111	  	 	 	1,452,408	  	 	 	1,371,140	  	 				
Insured delinquent loans	  	 	1,963	  	 	 	2,153	  	 	 	2,183	  	 	 	2,408	  	 	 	2,623	  	 				
Insured delinquency rate (2)	  	 	0.14	% 	 	 	0.14	% 	 	 	0.15	% 	 	 	0.17	% 	 	 	0.19	% 	 				
							
Flow loans in-force (1)	  	 	1,136,321	  	 	 	1,126,468	  	 	 	1,112,910	  	 	 	1,091,543	  	 	 	1,074,281	  	 				
Flow delinquent loans	  	 	1,726	  	 	 	1,924	  	 	 	1,943	  	 	 	2,125	  	 	 	2,335	  	 				
Flow delinquency rate (2)	  	 	0.15	% 	 	 	0.17	% 	 	 	0.17	% 	 	 	0.19	% 	 	 	0.22	% 	 				
							
Bulk loans in-force (1)	  	 	291,842	  	 	 	376,390	  	 	 	370,201	  	 	 	360,865	  	 	 	296,859	  	 				
Bulk delinquent loans	  	 	237	  	 	 	229	  	 	 	240	  	 	 	283	  	 	 	288	  	 				
Bulk delinquency rate (2)	  	 	0.08	% 	 	 	0.06	% 	 	 	0.06	% 	 	 	0.08	% 	 	 	0.10	% 	 				
							
Loss Metrics	  	March 31, 2013	 	 	December 31, 2012	 	 	September 30, 2012	 	 	June 30, 2012	 	 	March 31, 2012	 	 	 	 	
Beginning Reserves	  	$	130	  	 	$	136	  	 	$	141	  	 	$	149	  	 	$	161	  	 				
Paid claims (3)	  	 	(53	) 	 	 	(52	) 	 	 	(54	) 	 	 	(54	) 	 	 	(62	) 	 				
Increase in reserves	  	 	44	  	 	 	40	  	 	 	44	  	 	 	48	  	 	 	55	  	 				
Impact of changes in foreign exchange rates	  	 	(3	) 	 	 	6	  	 	 	5	  	 	 	(2	) 	 	 	(5	) 	 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Ending Reserves	  	$	118	  	 	$	130	  	 	$	136	  	 	$	141	  	 	$	149	  	 				

 	  	March 31, 2013	 	 	December 31, 2012	 	 	March 31, 2012	 	
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	  	 	47	% 	 	 	0.08	% 	 	 	46	% 	 	 	0.09	% 	 	 	46	% 	 	 	0.11%  	  	
British Columbia	  	 	15	  	 	 	0.20	% 	 	 	16	  	 	 	0.18	% 	 	 	16	  	 	 	0.24%  	  	
Alberta	  	 	16	  	 	 	0.18	% 	 	 	16	  	 	 	0.22	% 	 	 	16	  	 	 	0.35%  	  	
Quebec	  	 	14	  	 	 	0.19	% 	 	 	14	  	 	 	0.19	% 	 	 	15	  	 	 	0.24%  	  	
Nova Scotia	  	 	2	  	 	 	0.22	% 	 	 	2	  	 	 	0.20	% 	 	 	2	  	 	 	0.26%  	  	
Saskatchewan	  	 	2	  	 	 	0.12	% 	 	 	2	  	 	 	0.11	% 	 	 	2	  	 	 	0.12%  	  	
Manitoba	  	 	2	  	 	 	0.06	% 	 	 	2	  	 	 	0.07	% 	 	 	1	  	 	 	0.10%  	  	
New Brunswick	  	 	1	  	 	 	0.23	% 	 	 	1	  	 	 	0.21	% 	 	 	1	  	 	 	0.21%  	  	
All Other	  	 	1	  	 	 	0.11	% 	 	 	1	  	 	 	0.09	% 	 	 	1	  	 	 	0.14%  	  	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	  	 	100	% 	 	 	0.14	% 	 	 	100	% 	 	 	0.14	% 	 	 	100	% 	 	 	0.19%  	  	

By Policy Year	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
2005 and prior	  	 	30	% 	 	 	0.04	% 	 	 	29	% 	 	 	0.04	% 	 	 	33	% 	 	 	0.05%  	  	
2006	  	 	8	  	 	 	0.13	% 	 	 	8	  	 	 	0.16	% 	 	 	9	  	 	 	0.22%  	  	
2007	  	 	11	  	 	 	0.31	% 	 	 	16	  	 	 	0.24	% 	 	 	18	  	 	 	0.35%  	  	
2008	  	 	9	  	 	 	0.29	% 	 	 	9	  	 	 	0.31	% 	 	 	10	  	 	 	0.46%  	  	
2009	  	 	6	  	 	 	0.26	% 	 	 	6	  	 	 	0.29	% 	 	 	7	  	 	 	0.33%  	  	
2010	  	 	10	  	 	 	0.29	% 	 	 	9	  	 	 	0.29	% 	 	 	11	  	 	 	0.26%  	  	
2011	  	 	10	  	 	 	0.22	% 	 	 	9	  	 	 	0.18	% 	 	 	10	  	 	 	0.08%  	  	
2012	  	 	14	  	 	 	0.04	% 	 	 	14	  	 	 	0.02	% 	 	 	2	  	 	 	—  %  	  	
2013	  	 	2	  	 	 	—  	% 	 	 	—  	  	 	 	—  	% 	 	 	—  	  	 	 	—  %  	  	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	  	 	100	% 	 	 	0.14	% 	 	 	100	% 	 	 	0.14	% 	 	 	100	% 	 	 	0.19%  	  	

(1)	Insured loans in-force represent the original number of loans insured for which the coverage term has not expired, and for which no policy level cancellation or termination has been received.	
(2)	Delinquent rates are based on insured loans in-force.	
(3)	Paid claims exclude adjustments for expected recoveries related to loss reserves.	
 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Selected Key Performance Measures—International Mortgage Insurance Segment—Canada
(Canadian dollar amounts in millions)

 	 	 	  	2013	 	  	2012	 	
 	 	 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Paid Claims (1)	 		  			 	  				 				 				 				 				
Flow	 		  	$	51	  	  	$	49	  	 	$	52	  	 	$	52	  	 	$	62	  	 	$	215	  	
Bulk	 		  	 	2	  	  	 	2	  	 	 	2	  	 	 	2	  	 	 	2	  	 	 	8	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Paid Claims	 		  	$	53	  	  	$	51	  	 	$	54	  	 	$	54	  	 	$	64	  	 	$	223	  	

Average Paid Claim (in thousands)	 		  	$	84.9	  	  	$	84.6	  	 	$	80.9	  	 	$	76.7	  	 	$	73.0	  	 				
		 						
Average Reserve Per Delinquency (in thousands)	 		  	$	61.3	  	  	$	60.1	  	 	$	61.1	  	 	$	59.4	  	 	$	56.6	  	 				
		 						
Loss Metrics	 		  			 	  				 				 				 				 				
		 						
Beginning Reserves	 		  	$	129	  	  	$	134	  	 	$	143	  	 	$	148	  	 	$	164	  	 				
Paid claims	 		  	 	(53	) 	  	 	(51	) 	 	 	(54	) 	 	 	(54	) 	 	 	(64	) 	 				
Increase in reserves	 		  	 	44	  	  	 	46	  	 	 	45	  	 	 	49	  	 	 	48	  	 				
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Ending Reserves	 		  	$	120	  	  	$	129	  	 	$	134	  	 	$	143	  	 	$	148	  	 				
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Loan Amount	 		  			 	  				 				 				 				 				
		 						
Over $550K	 		  	 	5	% 	  	 	5	% 	 	 	5	% 	 	 	5	% 	 	 	5	% 	 				
$400K to $550K	 		  	 	10	  	  	 	9	  	 	 	9	  	 	 	9	  	 	 	8	  	 				
$250K to $400K	 		  	 	31	  	  	 	31	  	 	 	30	  	 	 	30	  	 	 	30	  	 				
$100K to $250K	 		  	 	49	  	  	 	49	  	 	 	50	  	 	 	50	  	 	 	51	  	 				
$100K or Less	 		  	 	5	  	  	 	6	  	 	 	6	  	 	 	6	  	 	 	6	  	 				
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total	 		  	 	100	% 	  	 	100	% 	 	 	100	% 	 	 	100	% 	 	 	100	% 	 				
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Average Primary Loan Size (in thousands)	 		  	$	203	  	  	$	201	  	 	$	199	  	 	$	197	  	 	$	196	  	 				
								
Average Effective Loan-To-Value Ratios By Policy Year (2) 	 		  				  				 				 				 				 				
								
2006 and prior	 		  	 	39	% 	  	 	40	% 	 	 	40	% 	 	 	41	% 	 	 	42	% 	 				
2007	 		  	 	68	% 	  	 	68	% 	 	 	69	% 	 	 	69	% 	 	 	71	% 	 				
2008	 		  	 	72	% 	  	 	73	% 	 	 	73	% 	 	 	74	% 	 	 	76	% 	 				
2009	 		  	 	74	% 	  	 	75	% 	 	 	75	% 	 	 	76	% 	 	 	78	% 	 				
2010	 		  	 	81	% 	  	 	82	% 	 	 	82	% 	 	 	83	% 	 	 	85	% 	 				
2011	 		  	 	87	% 	  	 	88	% 	 	 	88	% 	 	 	88	% 	 	 	91	% 	 				
2012	 		  	 	91	% 	  	 	92	% 	 	 	91	% 	 	 	91	% 	 	 	—  	% 	 				
Total Flow	 		  	 	56	% 	  	 	56	% 	 	 	56	% 	 	 	56	% 	 	 	57	% 	 				
								
Total Bulk	 		  	 	31	% 	  	 	29	% 	 	 	29	% 	 	 	26	% 	 	 	28	% 	 				
								
Total	 		  	 	50	% 	  	 	50	% 	 	 	50	% 	 	 	50	% 	 	 	51	% 	 				
All amounts presented in Canadian dollars.

(1)	Paid claims exclude adjustments for expected recoveries related to loss reserves.	
(2)	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.	
 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Selected Key Performance Measures—International Mortgage Insurance Segment—Australia
(dollar amounts in millions)

Primary Insurance	  	March 31, 2013	 	 	December 31, 2012	 	 	September 30, 2012	 	 	June 30, 2012	 	 	March 31, 2012	 	 	 	 	
Insured loans in-force	  	 	1,448,090	  	 	 	1,440,719	  	 	 	1,440,397	  	 	 	1,449,648	  	 	 	1,442,867	  	 				
Insured delinquent loans	  	 	5,868	  	 	 	5,851	  	 	 	6,791	  	 	 	7,527	  	 	 	7,837	  	 				
Insured delinquency rate	  	 	0.41	% 	 	 	0.41	% 	 	 	0.47	% 	 	 	0.52	% 	 	 	0.54	% 	 				
							
Flow loans in-force	  	 	1,320,701	  	 	 	1,311,052	  	 	 	1,306,316	  	 	 	1,304,944	  	 	 	1,295,907	  	 				
Flow delinquent loans	  	 	5,567	  	 	 	5,567	  	 	 	6,475	  	 	 	7,253	  	 	 	7,559	  	 				
Flow delinquency rate	  	 	0.42	% 	 	 	0.42	% 	 	 	0.50	% 	 	 	0.56	% 	 	 	0.58	% 	 				
							
Bulk loans in-force	  	 	127,389	  	 	 	129,667	  	 	 	134,081	  	 	 	144,704	  	 	 	146,960	  	 				
Bulk delinquent loans	  	 	301	  	 	 	284	  	 	 	316	  	 	 	274	  	 	 	278	  	 				
Bulk delinquency rate	  	 	0.24	% 	 	 	0.22	% 	 	 	0.24	% 	 	 	0.19	% 	 	 	0.19	% 	 				
							
Loss Metrics	  	March 31, 2013	 	 	December 31, 2012	 	 	September 30, 2012	 	 	June 30, 2012	 	 	March 31, 2012	 	 	 	 	
Beginning Reserves	  	$	251	  	 	$	287	  	 	$	320	  	 	$	342	  	 	$	272	  	 				
Paid claims	  	 	(61	) 	 	 	(73	) 	 	 	(83	) 	 	 	(72	) 	 	 	(69	) 	 				
Increase in reserves	  	 	48	  	 	 	37	  	 	 	46	  	 	 	53	  	 	 	138	  	 				
Impact of changes in foreign exchange rates	  	 	—  	  	 	 	—  	  	 	 	4	  	 	 	(3	) 	 	 	1	  	 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Ending Reserves	  	$	238	  	 	$	251	  	 	$	287	  	 	$	320	  	 	$	342	  	 				

 	  	March 31, 2013	 	 	December 31, 2012	 	 	March 31, 2012	 	
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	  	 	30	% 	 	 	0.39	% 	 	 	30	% 	 	 	0.39	% 	 	 	31	% 	 	 	0.53%  	  	
Victoria	  	 	23	  	 	 	0.33	% 	 	 	23	  	 	 	0.31	% 	 	 	23	  	 	 	0.37%  	  	
Queensland	  	 	22	  	 	 	0.54	% 	 	 	23	  	 	 	0.57	% 	 	 	22	  	 	 	0.80%  	  	
Western Australia	  	 	11	  	 	 	0.36	% 	 	 	11	  	 	 	0.38	% 	 	 	11	  	 	 	0.57%  	  	
South Australia	  	 	6	  	 	 	0.48	% 	 	 	6	  	 	 	0.46	% 	 	 	6	  	 	 	0.52%  	  	
New Zealand	  	 	2	  	 	 	0.57	% 	 	 	2	  	 	 	0.55	% 	 	 	2	  	 	 	0.94%  	  	
Australian Capital Territory	  	 	3	  	 	 	0.09	% 	 	 	2	  	 	 	0.08	% 	 	 	2	  	 	 	0.10%  	  	
Tasmania	  	 	2	  	 	 	0.38	% 	 	 	2	  	 	 	0.39	% 	 	 	2	  	 	 	0.40%  	  	
Northern Territory	  	 	1	  	 	 	0.17	% 	 	 	1	  	 	 	0.15	% 	 	 	1	  	 	 	0.28%  	  	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	  	 	100	% 	 	 	0.41	% 	 	 	100	% 	 	 	0.41	% 	 	 	100	% 	 	 	0.54%  	  	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
By Policy Year	  				 				 				 				 				 				
2005 and prior	  	 	29	% 	 	 	0.18	% 	 	 	29	% 	 	 	0.18	% 	 	 	32	% 	 	 	0.23%  	  	
2006	  	 	9	  	 	 	0.64	% 	 	 	9	  	 	 	0.65	% 	 	 	10	  	 	 	0.80%  	  	
2007	  	 	10	  	 	 	0.86	% 	 	 	10	  	 	 	0.87	% 	 	 	12	  	 	 	1.14%  	  	
2008	  	 	10	  	 	 	1.01	% 	 	 	10	  	 	 	1.01	% 	 	 	11	  	 	 	1.38%  	  	
2009	  	 	11	  	 	 	0.72	% 	 	 	12	  	 	 	0.69	% 	 	 	13	  	 	 	0.83%  	  	
2010	  	 	8	  	 	 	0.33	% 	 	 	9	  	 	 	0.32	% 	 	 	9	  	 	 	0.27%  	  	
2011	  	 	9	  	 	 	0.22	% 	 	 	9	  	 	 	0.16	% 	 	 	10	  	 	 	0.05%  	  	
2012	  	 	11	  	 	 	0.06	% 	 	 	12	  	 	 	0.02	% 	 	 	3	  	 	 	—  %  	  	
2013	  	 	3	  	 	 	—  	% 	 	 	—  	  	 	 	—  	% 	 	 	—  	  	 	 	—  %  	  	
	  	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	  	 	100	% 	 	 	0.41	% 	 	 	100	% 	 	 	0.41	% 	 	 	100	% 	 	 	0.54%  	  	

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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Selected Key Performance Measures—International Mortgage Insurance Segment—Australia
(Australian dollar amounts in millions)

 	 	 	  	2013	 	  	2012	 	
 	 	 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Paid Claims	 		  			 	  				 				 				 				 				
Flow	 		  	$	59	  	  	$	70	  	 	$	79	  	 	$	70	  	 	$	66	  	 	$	285	  	
Bulk	 		  	 	—  	  	  	 	1	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	2	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Paid Claims	 		  	$	59	  	  	$	71	  	 	$	80	  	 	$	70	  	 	$	66	  	 	$	287	  	

Average Paid Claim (in thousands)	 		  	$	81.4	  	  	$	80.9	  	 	$	83.5	  	 	$	91.2	  	 	$	77.1	  	 				
		 						
Average Reserve Per Delinquency (in thousands)	 		  	$	38.9	  	  	$	41.2	  	 	$	40.8	  	 	$	41.5	  	 	$	42.2	  	 				
		 						
Loss Metrics	 		  			 	  				 				 				 				 				
		 						
Beginning Reserves	 		  	$	241	  	  	$	277	  	 	$	312	  	 	$	331	  	 	$	266	  	 				
Paid claims	 		  	 	(59	) 	  	 	(71	) 	 	 	(80	) 	 	 	(70	) 	 	 	(66	) 	 				
Increase in reserves	 		  	 	46	  	  	 	35	  	 	 	45	  	 	 	51	  	 	 	131	  	 				
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Ending Reserves	 		  	$	228	  	  	$	241	  	 	$	277	  	 	$	312	  	 	$	331	  	 				
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Loan Amount	 		  			 	  				 				 				 				 				
		 						
Over $550K	 		  	 	12	% 	  	 	12	% 	 	 	11	% 	 	 	11	% 	 	 	11	% 	 				
$400K to $550K	 		  	 	16	  	  	 	16	  	 	 	16	  	 	 	16	  	 	 	15	  	 				
$250K to $400K	 		  	 	37	  	  	 	37	  	 	 	37	  	 	 	36	  	 	 	36	  	 				
$100K to $250K	 		  	 	29	  	  	 	29	  	 	 	30	  	 	 	30	  	 	 	31	  	 				
$100K or Less	 		  	 	6	  	  	 	6	  	 	 	6	  	 	 	7	  	 	 	7	  	 				
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total	 		  	 	100	% 	  	 	100	% 	 	 	100	% 	 	 	100	% 	 	 	100	% 	 				

Average Primary Loan Size (in thousands)	 		  	$	198	  	  	$	197	  	 	$	195	  	 	$	193	  	 	$	192	  	 				
								
Average Effective Loan-To-Value Ratios By Policy Year (1)	 	 	  	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
								
2006 and prior	 		  	 	48	% 	  	 	48	% 	 	 	49	% 	 	 	49	% 	 	 	48	% 	 				
2007	 		  	 	68	% 	  	 	68	% 	 	 	69	% 	 	 	69	% 	 	 	67	% 	 				
2008	 		  	 	76	% 	  	 	76	% 	 	 	77	% 	 	 	77	% 	 	 	74	% 	 				
2009	 		  	 	79	% 	  	 	79	% 	 	 	80	% 	 	 	80	% 	 	 	78	% 	 				
2010	 		  	 	85	% 	  	 	85	% 	 	 	86	% 	 	 	86	% 	 	 	85	% 	 				
2011	 		  	 	87	% 	  	 	87	% 	 	 	88	% 	 	 	88	% 	 	 	86	% 	 				
2012	 		  	 	86	% 	  	 	85	% 	 	 	86	% 	 	 	86	% 	 	 	—  	% 	 				
Total Flow	 		  	 	69	% 	  	 	68	% 	 	 	68	% 	 	 	68	% 	 	 	66	% 	 				
								
Total Bulk	 		  	 	38	% 	  	 	38	% 	 	 	38	% 	 	 	38	% 	 	 	38	% 	 				
								
Total	 		  	 	66	% 	  	 	65	% 	 	 	65	% 	 	 	65	% 	 	 	63	% 	 				
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 prior to 2Q12). 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.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Selected Key Performance Measures—International Mortgage Insurance Segment
(amounts in millions)

Risk In-Force by Loan-To-Value Ratio (1)	  	March 31, 2013	 	  	December 31, 2012	 	
 	  	Primary	 	  	Flow	 	  	Bulk	 	  	Primary	 	  	Flow	 	  	Bulk	 	
Canada	  				  				  				  				  				  				
95.01% and above	  	$	35,932	  	  	$	35,932	  	  	$	—  	  	  	$	36,229	  	  	$	36,229	  	  	$	—  	  	
90.01% to 95.00%	  	 	25,500	  	  	 	25,498	  	  	 	2	  	  	 	25,868	  	  	 	25,865	  	  	 	3	  	
80.01% to 90.00%	  	 	18,954	  	  	 	16,422	  	  	 	2,532	  	  	 	19,226	  	  	 	16,685	  	  	 	2,541	  	
80.00% and below	  	 	19,265	  	  	 	3,055	  	  	 	16,210	  	  	 	24,856	  	  	 	3,078	  	  	 	21,779	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total Canada	  	$	99,651	  	  	$	80,907	  	  	$	18,744	  	  	$	106,179	  	  	$	81,856	  	  	$	24,322	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Australia	  				  				  				  				  				  				
95.01% and above	  	$	19,435	  	  	$	19,434	  	  	$	1	  	  	$	18,930	  	  	$	18,929	  	  	$	1	  	
90.01% to 95.00%	  	 	23,839	  	  	 	23,831	  	  	 	8	  	  	 	23,348	  	  	 	23,340	  	  	 	8	  	
80.01% to 90.00%	  	 	27,071	  	  	 	26,984	  	  	 	87	  	  	 	26,651	  	  	 	26,562	  	  	 	89	  	
80.00% and below	  	 	34,295	  	  	 	25,873	  	  	 	8,423	  	  	 	34,521	  	  	 	25,923	  	  	 	8,598	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total Australia	  	$	104,640	  	  	$	96,122	  	  	$	8,518	  	  	$	103,449	  	  	$	94,754	  	  	$	8,696	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Other Countries (2)	  				  				  				  				  				  				
95.01% and above	  	$	705	  	  	$	705	  	  	$	—  	  	  	$	737	  	  	$	737	  	  	$	—  	  	
90.01% to 95.00%	  	 	2,012	  	  	 	1,950	  	  	 	62	  	  	 	2,063	  	  	 	2,003	  	  	 	60	  	
80.01% to 90.00%	  	 	1,259	  	  	 	993	  	  	 	267	  	  	 	1,284	  	  	 	1,020	  	  	 	264	  	
80.00% and below	  	 	244	  	  	 	209	  	  	 	35	  	  	 	251	  	  	 	216	  	  	 	35	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
Total Other Countries	  	$	4,221	  	  	$	3,857	  	  	$	363	  	  	$	4,334	  	  	$	3,975	  	  	$	360	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	
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 $225 million and $213 million of risk in-force in Europe ceded under quota share reinsurance agreements as of March 31, 2013 and December 31, 2012, respectively.	
 
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U.S. Mortgage Insurance Segment
 
38

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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income (Loss) and Sales—U.S. Mortgage Insurance Segment
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				
Premiums	  	$	134	  	 	$	138	  	 	$	138	  	 	$	137	  	 	$	136	  	 	$	549	  	
Net investment income	  	 	19	  	 	 	12	  	 	 	20	  	 	 	13	  	 	 	23	  	 	 	68	  	
Net investment gains (losses)	  	 	—  	  	 	 	11	  	 	 	(2	) 	 	 	—  	  	 	 	27	  	 	 	36	  	
Insurance and investment product fees and other	  	 	1	  	 	 	1	  	 	 	—  	  	 	 	20	  	 	 	2	  	 	 	23	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	154	  	 	 	162	  	 	 	156	  	 	 	170	  	 	 	188	  	 	 	676	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	84	  	 	 	180	  	 	 	174	  	 	 	174	  	 	 	197	  	 	 	725	  	
Acquisition and operating expenses, net of deferrals	  	 	39	  	 	 	36	  	 	 	40	  	 	 	33	  	 	 	34	  	 	 	143	  	
Amortization of deferred acquisition costs and intangibles	  	 	1	  	 	 	1	  	 	 	1	  	 	 	2	  	 	 	1	  	 	 	5	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	124	  	 	 	217	  	 	 	215	  	 	 	209	  	 	 	232	  	 	 	873	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	30	  	 	 	(55	) 	 	 	(59	) 	 	 	(39	) 	 	 	(44	) 	 	 	(197	) 	
Provision (benefit) for income taxes	  	 	9	  	 	 	(30	) 	 	 	(22	) 	 	 	(14	) 	 	 	(17	) 	 	 	(83	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	  	 	21	  	 	 	(25	) 	 	 	(37	) 	 	 	(25	) 	 	 	(27	) 	 	 	(114	) 	
	 						
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:	  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	—  	  	 	 	(7	) 	 	 	—  	  	 	 	—  	  	 	 	(17	) 	 	 	(24	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	21	  	 	$	(32	) 	 	$	(37	) 	 	$	(25	) 	 	$	(44	) 	 	$	(138	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income (loss))	  	 	30.1	% 	 	 	50.7	% 	 	 	36.8	% 	 	 	37.0	% 	 	 	37.7	% 	 	 	41.0	% 	
							
SALES:	  				 				 				 				 				 				
New Insurance Written (NIW)	  				 				 				 				 				 				
Flow	  	$	4,700	  	 	$	5,100	  	 	$	4,700	  	 	$	3,600	  	 	$	3,000	  	 	$	16,400	  	
Bulk	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total U.S. Mortgage Insurance NIW	  	$	4,700	  	 	$	5,100	  	 	$	4,700	  	 	$	3,600	  	 	$	3,000	  	 	$	16,400	  	

 
39

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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Other Metrics—U.S. Mortgage Insurance Segment
(dollar amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Net Premiums Written	  	$	135	  	  	$	140	  	 	$	135	  	 	$	139	  	 	$	140	  	 	$	554	  	
	 						
New Risk Written	  			 	  				 				 				 				 				
Flow	  	$	1,091	  	  	$	1,188	  	 	$	1,130	  	 	$	843	  	 	$	688	  	 	$	3,849	  	
Bulk	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	7	  	 	 	7	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Primary	  	 	1,091	  	  	 	1,188	  	 	 	1,130	  	 	 	843	  	 	 	695	  	 	 	3,856	  	
Pool	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total New Risk Written	  	$	1,091	  	  	$	1,188	  	 	$	1,130	  	 	$	843	  	 	$	695	  	 	$	3,856	  	

Primary Insurance In-Force	  	$	109,300	  	  	$	110,000	  	 	$	111,100	  	 	$	112,000	  	 	$	113,800	  	 				
	 						
Risk In-Force	  			 	  				 				 				 				 				
Flow	  	$	25,626	  	  	$	25,716	  	 	$	25,849	  	 	$	25,887	  	 	$	26,137	  	 				
Bulk (1)	  	 	485	  	  	 	491	  	 	 	507	  	 	 	514	  	 	 	520	  	 				
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Primary	  	 	26,111	  	  	 	26,207	  	 	 	26,356	  	 	 	26,401	  	 	 	26,657	  	 				
Pool	  	 	205	  	  	 	211	  	 	 	221	  	 	 	229	  	 	 	239	  	 				
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Risk In-Force	  	$	26,316	  	  	$	26,418	  	 	$	26,577	  	 	$	26,630	  	 	$	26,896	  	 				

Primary Risk In-Force Subject To Captives	  	 	12	% 	  	 	14	% 	 	 	15	% 	 	 	27	% 	 	 	31	% 	 				
	 						
Primary Risk In-Force That Is GSE Conforming	  	 	97	% 	  	 	97	% 	 	 	97	% 	 	 	96	% 	 	 	96	% 	 				
	 						
GAAP Basis Expense Ratio (2) 	  	 	30	% 	  	 	27	% 	 	 	30	% 	 	 	25	% 	 	 	26	% 	 	 	27	% 	
	 						
Adjusted Expense Ratio (3) 	  	 	30	% 	  	 	27	% 	 	 	30	% 	 	 	25	% 	 	 	25	% 	 	 	27	% 	
	 						
Flow Persistency	  	 	80	% 	  	 	79	% 	 	 	81	% 	 	 	82	% 	 	 	81	% 	 				
	 						
Gross Written Premiums Ceded To Captives/Total Direct Written Premiums	  	 	4	% 	  	 	5	% 	 	 	8	% 	 	 	10	% 	 	 	12	% 	 				
	 						
Risk To Capital Ratio (4) 	  	 	24.2:1	  	  	 	30.4:1	  	 	 	29.8:1	  	 	 	29.5:1	  	 	 	28.6:1	  	 				
	 						
Average Primary Loan Size (in thousands)	  	$	168	  	  	$	167	  	 	$	166	  	 	$	165	  	 	$	164	  	 				
	 						
Estimated Savings For Loss Mitigation Activities (5) 	  	$	159	  	  	$	165	  	 	$	189	  	 	$	162	  	 	$	158	  	 	$	674	  	
 
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)  	As of March 31, 2013, 84% of our bulk risk-in force was related to loans financed by lenders who participated in the mortgage programs sponsored by the Federal Home Loan Banks.	
(2)  	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.	
(3)  	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.	
(4)  	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.	
(5)  	Loss mitigation activities are defined as rescissions, cancellations, borrower loan modifications, repayment plans, lender-and borrower-titled pre-sales, 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. Estimated savings related to claims mitigation activities represent amounts deducted or “curtailed” from claims due to acts or omissions by the servicer with respect to the servicing of an insured loan that is not in compliance with obligations under our master policy. For non-cure related actions, including pre-sales, the estimated savings represent the difference between the full claim obligation and the actual amount paid.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Loss Metrics—U.S. Mortgage Insurance Segment
(dollar amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Paid Claims	  			 	 				 				 				 				 				
Flow	  			 	 				 				 				 				 				
Direct	  	$	253	  	 	$	260	  	 	$	272	  	 	$	295	  	 	$	283	  	 	$	1,110	  	
Assumed (1)	  	 	13	  	 	 	17	  	 	 	19	  	 	 	23	  	 	 	20	  	 	 	79	  	
Ceded	  	 	(17	) 	 	 	(19	) 	 	 	(25	) 	 	 	(55	) 	 	 	(39	) 	 	 	(138	) 	
Loss adjustment expenses	  	 	6	  	 	 	8	  	 	 	7	  	 	 	7	  	 	 	9	  	 	 	31	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Flow	  	 	255	  	 	 	266	  	 	 	273	  	 	 	270	  	 	 	273	  	 	 	1,082	  	
Bulk	  	 	3	  	 	 	3	  	 	 	3	  	 	 	6	  	 	 	4	  	 	 	16	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Primary	  	 	258	  	 	 	269	  	 	 	276	  	 	 	276	  	 	 	277	  	 	 	1,098	  	
Pool	  	 	1	  	 	 	2	  	 	 	1	  	 	 	2	  	 	 	2	  	 	 	7	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Paid Claims	  	$	259	  	 	$	271	  	 	$	277	  	 	$	278	  	 	$	279	  	 	$	1,105	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Average Paid Claim (in thousands)	  	$	44.2	  	 	$	43.7	  	 	$	41.1	  	 	$	38.3	  	 	$	43.6	  	 				
	 						
Average Direct Paid Claim (in thousands) (2) 	  	$	43.5	  	 	$	43.2	  	 	$	41.7	  	 	$	42.5	  	 	$	42.7	  	 				
	 						
Average Reserve Per Delinquency (in thousands)	  			 	 				 				 				 				 				
Flow	  	$	29.8	  	 	$	29.7	  	 	$	30.0	  	 	$	30.6	  	 	$	30.6	  	 				
Bulk loans with established reserve	  	 	21.9	  	 	 	25.1	  	 	 	24.3	  	 	 	25.0	  	 	 	24.1	  	 				
Bulk loans with no reserve (3)	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 				
	 						
Reserves:	  			 	 				 				 				 				 				
Flow direct case	  	$	1,566	  	 	$	1,728	  	 	$	1,835	  	 	$	1,954	  	 	$	2,087	  	 				
Bulk direct case	  	 	33	  	 	 	33	  	 	 	33	  	 	 	32	  	 	 	34	  	 				
Assumed (1)	  	 	57	  	 	 	65	  	 	 	50	  	 	 	53	  	 	 	60	  	 				
All other (4)	  	 	164	  	 	 	183	  	 	 	196	  	 	 	195	  	 	 	200	  	 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Reserves	  	$	1,820	  	 	$	2,009	  	 	$	2,114	  	 	$	2,234	  	 	$	2,381	  	 				

Beginning Reserves	  	$	2,009	  	 	$	2,114	  	 	$	2,234	  	 	$	2,381	  	 	$	2,488	  	 	$	2,488	  	
Paid claims	  	 	(276	) 	 	 	(290	) 	 	 	(302	) 	 	 	(333	) 	 	 	(318	) 	 	 	(1,243	) 	
Increase in reserves	  	 	87	  	 	 	185	  	 	 	182	  	 	 	186	  	 	 	211	  	 	 	764	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Ending Reserves	  	$	1,820	  	 	$	2,009	  	 	$	2,114	  	 	$	2,234	  	 	$	2,381	  	 	$	2,009	  	

Beginning Reinsurance Recoverable (5) 	  	$	80	  	 	$	94	  	 	$	111	  	 	$	153	  	 	$	178	  	 	$	178	  	
Ceded paid claims	  	 	(17	) 	 	 	(19	) 	 	 	(25	) 	 	 	(55	) 	 	 	(39	) 	 	 	(138	) 	
Increase in recoverable	  	 	3	  	 	 	5	  	 	 	8	  	 	 	13	  	 	 	14	  	 	 	40	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Ending Reinsurance Recoverable	  	$	66	  	 	$	80	  	 	$	94	  	 	$	111	  	 	$	153	  	 	$	80	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Loss Ratio (6) 	  	 	62	% 	 	 	130	% 	 	 	127	% 	 	 	127	% 	 	 	146	% 	 	 	132	% 	
 
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 a negotiated servicer settlement.	
(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 to net earned premiums. Excluding the lender portfolio settlement in the first quarter of 2012, the loss ratio was 139% for the three months ended March 31, 2012, 133% for the six months ended June 30, 2012, 131% for the nine months ended September 30, 2012 and 131% for the twelve months ended December 31,2012.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Delinquency Metrics—U.S. Mortgage Insurance Segment
(dollar amounts in millions)

 	 	2013	 	  	2012	 	
 	 	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Number of Primary Delinquencies	 			 	  				 				 				 				 				
Flow	 	 	59,789	  	  	 	66,340	  	 	 	69,174	  	 	 	71,878	  	 	 	76,478	  	 				
Bulk loans with an established reserve	 	 	1,603	  	  	 	1,415	  	 	 	1,441	  	 	 	1,381	  	 	 	1,522	  	 				
Bulk loans with no reserve (1)	 	 	1,412	  	  	 	1,484	  	 	 	1,512	  	 	 	1,424	  	 	 	1,474	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total Number of Primary Delinquencies	 	 	62,804	  	  	 	69,239	  	 	 	72,127	  	 	 	74,683	  	 	 	79,474	  	 				

Beginning Number of Primary Delinquencies	 	 	69,239	  	  	 	72,127	  	 	 	74,683	  	 	 	79,474	  	 	 	87,007	  	 	 	87,007	  	
New delinquencies	 	 	15,060	  	  	 	16,871	  	 	 	17,733	  	 	 	16,703	  	 	 	18,217	  	 	 	69,524	  	
Delinquency cures	 	 	(15,677	) 	  	 	(13,592	) 	 	 	(13,598	) 	 	 	(14,251	) 	 	 	(19,388	) 	 	 	(60,829	) 	
Paid claims	 	 	(5,818	) 	  	 	(6,167	) 	 	 	(6,691	) 	 	 	(7,243	) 	 	 	(6,362	) 	 	 	(26,463	) 	
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Ending Number of Primary Delinquencies	 	 	62,804	  	  	 	69,239	  	 	 	72,127	  	 	 	74,683	  	 	 	79,474	  	 	 	69,239	  	
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Composition of Cures	 			 	  				 				 				 				 				
Reported delinquent and cured-intraquarter	 	 	3,519	  	  	 	2,557	  	 	 	2,882	  	 	 	2,354	  	 	 	3,582	  	 				
Number of missed payments delinquent prior to cure:	 			 	  				 				 				 				 				
3 payments or less	 	 	8,125	  	  	 	7,120	  	 	 	6,289	  	 	 	7,399	  	 	 	10,154	  	 				
4 - 11 payments	 	 	2,856	  	  	 	2,516	  	 	 	2,965	  	 	 	3,371	  	 	 	3,569	  	 				
12 payments or more	 	 	1,177	  	  	 	1,399	  	 	 	1,462	  	 	 	1,127	  	 	 	2,083	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Total	 	 	15,677	  	  	 	13,592	  	 	 	13,598	  	 	 	14,251	  	 	 	19,388	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Primary Delinquencies by Missed Payment Status	 			 	  				 				 				 				 				
3 payments or less	 	 	14,674	  	  	 	17,563	  	 	 	17,684	  	 	 	16,708	  	 	 	17,260	  	 				
4 - 11 payments	 	 	16,804	  	  	 	18,155	  	 	 	18,713	  	 	 	20,830	  	 	 	24,137	  	 				
12 payments or more	 	 	31,326	  	  	 	33,521	  	 	 	35,730	  	 	 	37,145	  	 	 	38,077	  	 				
	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				
Primary Delinquencies	 	 	62,804	  	  	 	69,239	  	 	 	72,127	  	 	 	74,683	  	 	 	79,474	  	 				

				
 	 	March 31, 2013	 	 	 	 	 	 	 	
Flow Delinquencies and Percentage
Reserved by Payment Status	 	Delinquencies	 	  	Direct Case
Reserves (2)	 	 	Risk In-Force	 	 	Reserves as % of
Risk In-Force	 	 	 	 	 	 	 	
3 payments or less in default	 	 	13,901	  	  	$	131	  	 	$	555	  	 	 	24	% 	 				 				
4 - 11 payments in default	 	 	16,146	  	  	 	422	  	 	 	690	  	 	 	61	% 	 				 				
12 payments or more in default	 	 	29,742	  	  	 	1,013	  	 	 	1,448	  	 	 	70	% 	 				 				
	 	 	 	 	  	 	 	 	 	 	 	 	 				 				 				
Total	 	 	59,789	  	  	$	1,566	  	 	$	2,693	  	 	 	58	% 	 				 				

 	 	December 31, 2012	 	 	 	 	 	 	 	
Flow Delinquencies and Percentage
Reserved by Payment Status	 	Delinquencies	 	  	Direct Case
Reserves (2)	 	 	Risk In-Force	 	 	Reserves as % of
Risk In-Force	 	 	 	 	 	 	 	
3 payments or less in default	 	 	16,977	  	  	$	150	  	 	$	668	  	 	 	22	% 	 				 				
4 - 11 payments in default	 	 	17,398	  	  	 	441	  	 	 	749	  	 	 	59	% 	 				 				
12 payments or more in default	 	 	31,965	  	  	 	1,137	  	 	 	1,562	  	 	 	73	% 	 				 				
	 	 	 	 	  	 	 	 	 	 	 	 	 				 				 				
Total	 	 	66,340	  	  	$	1,728	  	 	$	2,979	  	 	 	58	% 	 				 				

(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)	Direct flow case reserves exclude loss adjustment expenses, incurred but not reported and reinsurance reserves.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	
Risk In-Force by Credit Quality (1)	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Primary by FICO Scores >679	  	 	76	% 	 	 	75	% 	 	 	74	% 	 	 	73	% 	 	 	72	% 	
Primary by FICO Scores 620-679	  	 	19	% 	 	 	20	% 	 	 	21	% 	 	 	22	% 	 	 	23	% 	
Primary by FICO Scores 575-619	  	 	4	% 	 	 	4	% 	 	 	4	% 	 	 	4	% 	 	 	4	% 	
Primary by FICO Scores <575	  	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	
	 					
Flow by FICO Scores >679	  	 	76	% 	 	 	75	% 	 	 	74	% 	 	 	73	% 	 	 	72	% 	
Flow by FICO Scores 620-679	  	 	19	% 	 	 	20	% 	 	 	21	% 	 	 	22	% 	 	 	23	% 	
Flow by FICO Scores 575-619	  	 	4	% 	 	 	4	% 	 	 	4	% 	 	 	4	% 	 	 	4	% 	
Flow by FICO Scores <575	  	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	
	 					
Bulk by FICO Scores >679	  	 	89	% 	 	 	89	% 	 	 	89	% 	 	 	89	% 	 	 	89	% 	
Bulk by FICO Scores 620-679	  	 	9	% 	 	 	9	% 	 	 	9	% 	 	 	9	% 	 	 	9	% 	
Bulk by FICO Scores 575-619	  	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	
Bulk by FICO Scores <575	  	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	 	 	1	% 	
	 					
Primary A minus	  	 	4	% 	 	 	4	% 	 	 	4	% 	 	 	4	% 	 	 	4	% 	
Primary sub-prime (2)	  	 	3	% 	 	 	3	% 	 	 	3	% 	 	 	3	% 	 	 	3	% 	
	 					
Primary Loans	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Primary loans in-force	  	 	649,570	  	 	 	658,527	  	 	 	669,618	  	 	 	679,817	  	 	 	693,807	  	
Primary delinquent loans	  	 	62,804	  	 	 	69,239	  	 	 	72,127	  	 	 	74,683	  	 	 	79,474	  	
Primary delinquency rate	  	 	9.67	% 	 	 	10.51	% 	 	 	10.77	% 	 	 	10.99	% 	 	 	11.45	% 	
	 					
Flow loans in-force	  	 	590,051	  	 	 	595,348	  	 	 	601,851	  	 	 	607,133	  	 	 	616,623	  	
Flow delinquent loans	  	 	59,789	  	 	 	66,340	  	 	 	69,174	  	 	 	71,878	  	 	 	76,478	  	
Flow delinquency rate	  	 	10.13	% 	 	 	11.14	% 	 	 	11.49	% 	 	 	11.84	% 	 	 	12.40	% 	
	 					
Bulk loans in-force	  	 	59,519	  	 	 	63,179	  	 	 	67,767	  	 	 	72,684	  	 	 	77,184	  	
Bulk delinquent loans	  	 	3,015	  	 	 	2,899	  	 	 	2,953	  	 	 	2,805	  	 	 	2,996	  	
Bulk delinquency rate	  	 	5.07	% 	 	 	4.59	% 	 	 	4.36	% 	 	 	3.86	% 	 	 	3.88	% 	
	 					
A minus and sub-prime loans in-force	  	 	44,873	  	 	 	46,631	  	 	 	48,696	  	 	 	50,676	  	 	 	52,625	  	
A minus and sub-prime delinquent loans	  	 	11,484	  	 	 	12,817	  	 	 	13,149	  	 	 	13,534	  	 	 	14,258	  	
A minus and sub-prime delinquency rate	  	 	25.59	% 	 	 	27.49	% 	 	 	27.00	% 	 	 	26.71	% 	 	 	27.09	% 	
	 					
Pool Loans	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Pool loans in-force	  	 	12,558	  	 	 	12,949	  	 	 	13,237	  	 	 	13,562	  	 	 	13,942	  	
Pool delinquent loans	  	 	674	  	 	 	721	  	 	 	670	  	 	 	679	  	 	 	695	  	
Pool delinquency rate	  	 	5.37	% 	 	 	5.57	% 	 	 	5.06	% 	 	 	5.01	% 	 	 	4.98	% 	

(1)  	Loans with unknown FICO scores are included in the 620-679 category.	
(2)  	Excludes loans classified as A minus.	
 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

 	  	March 31, 2013	 	 	December 31, 2012	 	 	March 31, 2012	 	
 	  	% 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)	  	 	34	% 	 	 	21	% 	 	 	13.46	% 	 	 	35	% 	 	 	21	% 	 	 	14.69	% 	 	 	35	% 	 	 	22	% 	 	 	16.25	% 	
South Central (3)	  	 	9	  	 	 	16	  	 	 	6.79	% 	 	 	9	  	 	 	15	  	 	 	7.71	% 	 	 	11	  	 	 	16	  	 	 	9.18	% 	
Northeast (4)	  	 	16	  	 	 	15	  	 	 	12.73	% 	 	 	16	  	 	 	15	  	 	 	13.32	% 	 	 	13	  	 	 	15	  	 	 	12.38	% 	
Pacific (5)	  	 	13	  	 	 	12	  	 	 	8.73	% 	 	 	12	  	 	 	12	  	 	 	9.72	% 	 	 	12	  	 	 	11	  	 	 	11.64	% 	
North Central (6)	  	 	11	  	 	 	11	  	 	 	8.99	% 	 	 	11	  	 	 	12	  	 	 	9.81	% 	 	 	12	  	 	 	12	  	 	 	11.18	% 	
Great Lakes (7)	  	 	6	  	 	 	9	  	 	 	7.17	% 	 	 	6	  	 	 	9	  	 	 	7.78	% 	 	 	7	  	 	 	9	  	 	 	8.48	% 	
New England (8)	  	 	4	  	 	 	6	  	 	 	9.12	% 	 	 	4	  	 	 	6	  	 	 	9.63	% 	 	 	3	  	 	 	5	  	 	 	10.18	% 	
Mid-Atlantic (9)	  	 	4	  	 	 	5	  	 	 	9.41	% 	 	 	4	  	 	 	5	  	 	 	9.87	% 	 	 	4	  	 	 	5	  	 	 	10.04	% 	
Plains (10)	  	 	3	  	 	 	5	  	 	 	5.99	% 	 	 	3	  	 	 	5	  	 	 	6.62	% 	 	 	3	  	 	 	5	  	 	 	7.21	% 	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total	  	 	100	% 	 	 	100	% 	 	 	9.67	% 	 	 	100	% 	 	 	100	% 	 	 	10.51	% 	 	 	100	% 	 	 	100	% 	 	 	11.45	% 	

By State	  				 				 				 				 				 				 				 				 				
Florida	  	 	23	% 	 	 	7	% 	 	 	24.46	% 	 	 	25	% 	 	 	7	% 	 	 	26.24	% 	 	 	24	% 	 	 	7	% 	 	 	28.71	% 	
Texas	  	 	3	% 	 	 	7	% 	 	 	6.03	% 	 	 	3	% 	 	 	7	% 	 	 	6.86	% 	 	 	3	% 	 	 	7	% 	 	 	7.43	% 	
New York	  	 	7	% 	 	 	7	% 	 	 	11.54	% 	 	 	7	% 	 	 	7	% 	 	 	11.85	% 	 	 	5	% 	 	 	7	% 	 	 	10.43	% 	
California	  	 	5	% 	 	 	6	% 	 	 	6.26	% 	 	 	5	% 	 	 	6	% 	 	 	7.25	% 	 	 	6	% 	 	 	6	% 	 	 	9.68	% 	
Illinois	  	 	8	% 	 	 	5	% 	 	 	13.02	% 	 	 	8	% 	 	 	5	% 	 	 	14.29	% 	 	 	8	% 	 	 	5	% 	 	 	16.08	% 	
New Jersey	  	 	6	% 	 	 	4	% 	 	 	18.53	% 	 	 	6	% 	 	 	4	% 	 	 	19.44	% 	 	 	5	% 	 	 	4	% 	 	 	18.98	% 	
Pennsylvania	  	 	3	% 	 	 	4	% 	 	 	10.42	% 	 	 	3	% 	 	 	4	% 	 	 	11.23	% 	 	 	2	% 	 	 	4	% 	 	 	10.86	% 	
North Carolina	  	 	3	% 	 	 	4	% 	 	 	9.24	% 	 	 	3	% 	 	 	4	% 	 	 	9.99	% 	 	 	3	% 	 	 	4	% 	 	 	10.97	% 	
Georgia	  	 	3	% 	 	 	4	% 	 	 	10.63	% 	 	 	3	% 	 	 	4	% 	 	 	11.88	% 	 	 	4	% 	 	 	4	% 	 	 	13.78	% 	
Ohio	  	 	2	% 	 	 	3	% 	 	 	7.51	% 	 	 	2	% 	 	 	3	% 	 	 	8.03	% 	 	 	2	% 	 	 	3	% 	 	 	8.47	% 	

(1)  	Total reserves were $1,820 million, $2,009 million and $2,381 million as of March 31, 2013, December 31, 2012 and March 31, 2012, 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)  	Alaska, California, Hawaii, Nevada, Oregon and Washington.	
(6)  	Illinois, Minnesota, Missouri and Wisconsin.	
(7)  	Indiana, Kentucky, Michigan and Ohio.	
(8)  	Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.	
(9)  	Delaware, Maryland, Virginia, Washington D.C. and West Virginia.	
(10)  	Idaho, Iowa, Kansas, Montana, Nebraska, North Dakota, South Dakota and Wyoming.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment
(amounts in millions)

 	  	March 31, 2013	 	 	December 31, 2012	 	 	March 31, 2012	 	
 	  	Primary Risk
In-Force	 	  	Primary
Delinquency
Rate	 	 	Primary Risk
In-Force	 	  	Primary
Delinquency
Rate	 	 	Primary Risk
In-Force	 	 	Primary
Delinquency
Rate	 	
Lender concentration (by original applicant)	  	$	26,111	  	  	 	9.67	% 	 	$	26,207	  	  	 	10.51	% 	 	$	26,657	  	 	 	11.45	% 	
Top 10 lenders	  	 	12,720	  	  	 	11.54	% 	 	 	12,835	  	  	 	12.69	% 	 	 	13,023	  	 	 	14.24	% 	
Top 20 lenders	  	 	14,408	  	  	 	11.17	% 	 	 	14,521	  	  	 	12.40	% 	 	 	14,997	  	 	 	13.83	% 	
							
Loan-to-value ratio	  				  				 				  				 				 				
95.01% and above	  	$	7,340	  	  	 	11.78	% 	 	$	7,238	  	  	 	13.19	% 	 	$	6,803	  	 	 	15.33	% 	
90.01% to 95.00%	  	 	9,258	  	  	 	9.23	% 	 	 	9,297	  	  	 	10.00	% 	 	 	9,416	  	 	 	11.00	% 	
80.01% to 90.00%	  	 	9,084	  	  	 	9.77	% 	 	 	9,242	  	  	 	10.57	% 	 	 	9,987	  	 	 	11.52	% 	
80.00% and below	  	 	429	  	  	 	3.62	% 	 	 	430	  	  	 	3.54	% 	 	 	451	  	 	 	2.76	% 	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Total	  	$	26,111	  	  	 	9.67	% 	 	$	26,207	  	  	 	10.51	% 	 	$	26,657	  	 	 	11.45	% 	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Loan grade	  				  				 				  				 				 				
Prime	  	$	24,490	  	  	 	8.49	% 	 	$	24,527	  	  	 	9.22	% 	 	$ 	24,770 	(1)  	 	 	10.17 	% (1)  	
A minus and sub-prime	  	 	1,621	  	  	 	25.59	% 	 	 	1,680	  	  	 	27.49	% 	 	 	1,887 	(1)  	 	 	27.09 	% (1)  	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Total	  	$	26,111	  	  	 	9.67	% 	 	$	26,207	  	  	 	10.51	% 	 	$ 	26,657 	(1)  	 	 	11.45 	% (1)  	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Loan type (2)	  				  				 				  				 				 				
First mortgages	  				  				 				  				 				 				
Fixed rate mortgage	  				  				 				  				 				 				
Flow	  	$	25,228	  	  	 	9.89	% 	 	$	25,293	  	  	 	10.89	% 	 	$	25,638	  	 	 	12.13	% 	
Bulk	  	 	467	  	  	 	4.86	% 	 	 	473	  	  	 	4.43	% 	 	 	501	  	 	 	3.70	% 	
Adjustable rate mortgage	  				  				 				  				 				 				
Flow	  	 	398	  	  	 	28.54	% 	 	 	423	  	  	 	29.60	% 	 	 	499	  	 	 	30.00	% 	
Bulk	  	 	18	  	  	 	14.17	% 	 	 	18	  	  	 	11.74	% 	 	 	19	  	 	 	12.80	% 	
Second mortgages	  	 	—  	  	  	 	—  	  	 	 	—  	  	  	 	—  	% 	 	 	—  	  	 	 	—  	% 	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Total	  	$	26,111	  	  	 	9.67	% 	 	$	26,207	  	  	 	10.51	% 	 	$	26,657	  	 	 	11.45	% 	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Type of documentation	  				  				 				  				 				 				
Alt-A	  				  				 				  				 				 				
Flow	  	$	559	  	  	 	33.09	% 	 	$	593	  	  	 	33.93	% 	 	$	713	  	 	 	33.75	% 	
Bulk	  	 	34	  	  	 	6.29	% 	 	 	35	  	  	 	6.24	% 	 	 	37	  	 	 	5.53	% 	
Standard (3)	  				  				 				  				 				 				
Flow	  	 	25,067	  	  	 	9.69	% 	 	 	25,123	  	  	 	10.67	% 	 	 	25,424	  	 	 	11.89	% 	
Bulk	  	 	451	  	  	 	4.89	% 	 	 	456	  	  	 	4.36	% 	 	 	483	  	 	 	3.66	% 	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Total	  	$	26,111	  	  	 	9.67	% 	 	$	26,207	  	  	 	10.51	% 	 	$	26,657	  	 	 	11.45	% 	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Mortgage term	  				  				 				  				 				 				
15 years and under	  	$	899	  	  	 	1.18	% 	 	$	816	  	  	 	1.27	% 	 	$	581	  	 	 	1.59	% 	
More than 15 years	  	 	25,212	  	  	 	10.29	% 	 	 	25,391	  	  	 	11.16	% 	 	 	26,076	  	 	 	12.05	% 	
	  	 	 	 	  				 	 	 	 	  				 	 	 	 	 				
Total	  	$	26,111	  	  	 	9.67	% 	 	$	26,207	  	  	 	10.51	% 	 	$	26,657	  	 	 	11.45	% 	

(1)	In fourth quarter 2012, all FICO score classifications were conformed to be based upon FICO scores at loan closing. Previously, certain classifications were based upon FICO scores at a point in time post-loan closing. All prior periods were re-presented to conform to this modified classification.	
(2)	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.	
(3)	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.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Portfolio Quality Metrics—U.S. Mortgage Insurance Segment
(dollar amounts in millions)

 	  	March 31, 2013	 	
Policy Year	  	Average
Rate (1)	 	 	% of Total
Reserves (2)	 	 	Primary
Insurance In-Force	 	 	% of Total	 	 	Primary
Risk In-Force	 	  	% of Total	 	 	Deliquency
Rate	 	
2002 and prior	  	 	7.30	% 	 	 	4.0	% 	 	$	3,117	  	 	 	2.9	% 	 	$	775	  	  	 	3.0	% 	 	 	15.31	% 	
2003	  	 	5.60	% 	 	 	4.3	  	 	 	5,387	  	 	 	4.9	  	 	 	900	  	  	 	3.4	  	 	 	9.22	  	
2004	  	 	5.82	% 	 	 	5.4	  	 	 	3,772	  	 	 	3.4	  	 	 	880	  	  	 	3.4	  	 	 	13.28	  	
2005	  	 	5.83	% 	 	 	12.8	  	 	 	6,942	  	 	 	6.4	  	 	 	1,817	  	  	 	6.9	  	 	 	15.94	  	
2006	  	 	6.19	% 	 	 	18.2	  	 	 	9,654	  	 	 	8.8	  	 	 	2,419	  	  	 	9.3	  	 	 	17.15	  	
2007	  	 	6.17	% 	 	 	36.9	  	 	 	22,142	  	 	 	20.3	  	 	 	5,509	  	  	 	21.1	  	 	 	16.22	  	
2008	  	 	5.72	% 	 	 	17.4	  	 	 	20,242	  	 	 	18.5	  	 	 	5,078	  	  	 	19.4	  	 	 	8.85	  	
2009	  	 	5.04	% 	 	 	0.4	  	 	 	4,451	  	 	 	4.1	  	 	 	915	  	  	 	3.5	  	 	 	1.37	  	
2010	  	 	4.68	% 	 	 	0.3	  	 	 	5,748	  	 	 	5.3	  	 	 	1,286	  	  	 	4.9	  	 	 	0.76	  	
2011	  	 	4.44	% 	 	 	0.2	  	 	 	7,528	  	 	 	6.9	  	 	 	1,774	  	  	 	6.8	  	 	 	0.43	  	
2012	  	 	3.75	% 	 	 	0.1	  	 	 	15,540	  	 	 	14.2	  	 	 	3,671	  	  	 	14.1	  	 	 	0.09	  	
2013	  	 	3.51	% 	 	 	—  	  	 	 	4,727	  	 	 	4.3	  	 	 	1,087	  	  	 	4.2	  	 	 	0.02	  	
	  				 	 	 	 	 	 	 	 	 				 	 	 	 	  	 	 	 	 				
Total	  	 	5.48	% 	 	 	100.0	% 	 	$	109,250	  	 	 	100.0	% 	 	$	26,111	  	  	 	100.0	% 	 	 	9.67	% 	

   	  	March 31, 2013	 	 	December 31, 2012	 	 	 	 	  	 	 	 	 	 	
Occupancy and Property Type	  	% of Primary
Risk In-Force	 	 	Deliquency
Rate	 	 	% of Primary
Risk In-Force	 	 	Deliquency
Rate	 	 	 	 	  	 	 	 	 	 	
Occupancy Status	  				 				 				 				 				  				 				
Primary residence	  	 	94.2	% 	 	 	9.60	% 	 	 	94.2	% 	 	 	10.44	% 	 				  				 				
Second home	  	 	3.3	  	 	 	10.22	% 	 	 	3.4	  	 	 	11.04	% 	 				  				 				
Non-owner occupied	  	 	2.5	  	 	 	10.93	% 	 	 	2.4	  	 	 	11.90	% 	 				  				 				
	  	 	 	 	 				 	 	 	 	 				 				  				 				
Total	  	 	100.0	% 	 	 	9.67	% 	 	 	100.0	% 	 	 	10.51	% 	 				  				 				
	  	 	 	 	 				 	 	 	 	 				 				  				 				
Property Type	  				 				 				 				 				  				 				
Single family detached	  	 	87.2	% 	 	 	9.30	% 	 	 	86.9	% 	 	 	10.16	% 	 				  				 				
Condominium and co-operative	  	 	10.9	  	 	 	11.51	% 	 	 	11.1	  	 	 	12.34	% 	 				  				 				
Multi-family and other	  	 	1.9	  	 	 	15.74	% 	 	 	2.0	  	 	 	16.11	% 	 				  				 				
	  	 	 	 	 				 	 	 	 	 				 				  				 				
Total	  	 	100.0	% 	 	 	9.67	% 	 	 	100.0	% 	 	 	10.51	% 	 				  				 				

(1)	Average Annual Mortgage Interest Rate	
(2)	Total reserves were $1,820 million as of March 31, 2013.	
 
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Corporate and Other Division
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Net Operating Loss—Corporate and Other Division
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	 				 				 				 				 				
Premiums	  	$	166	  	 	$	166	  	 	$	165	  	 	$	176	  	 	$	180	  	 	$	687	  	
Net investment income	  	 	69	  	 	 	75	  	 	 	69	  	 	 	88	  	 	 	74	  	 	 	306	  	
Net investment gains (losses)	  	 	(52	) 	 	 	(6	) 	 	 	2	  	 	 	(23	) 	 	 	10	  	 	 	(17	) 	
Insurance and investment product fees and other	  	 	100	  	 	 	92	  	 	 	88	  	 	 	75	  	 	 	75	  	 	 	330	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	283	  	 	 	327	  	 	 	324	  	 	 	316	  	 	 	339	  	 	 	1,306	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	 				 				 				 				 				
Benefits and other changes in policy reserves	  	 	43	  	 	 	51	  	 	 	39	  	 	 	55	  	 	 	42	  	 	 	187	  	
Interest credited	  	 	32	  	 	 	32	  	 	 	33	  	 	 	34	  	 	 	33	  	 	 	132	  	
Acquisition and operating expenses, net of deferrals	  	 	179	  	 	 	194	  	 	 	171	  	 	 	176	  	 	 	178	  	 	 	719	  	
Amortization of deferred acquisition costs and intangibles	  	 	18	  	 	 	51	  	 	 	48	  	 	 	47	  	 	 	30	  	 	 	176	  	
Goodwill Impairment	  	 	—  	  	 	 	—  	  	 	 	89	  	 	 	—  	  	 	 	—  	  	 	 	89	  	
Interest expense	  	 	94	  	 	 	89	  	 	 	93	  	 	 	99	  	 	 	73	  	 	 	354	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	366	  	 	 	417	  	 	 	473	  	 	 	411	  	 	 	356	  	 	 	1,657	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	(83	) 	 	 	(90	) 	 	 	(149	) 	 	 	(95	) 	 	 	(17	) 	 	 	(351	) 	
Benefit for income taxes	  	 	(26	) 	 	 	(33	) 	 	 	(31	) 	 	 	(33	) 	 	 	(13	) 	 	 	(110	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LOSS FROM CONTINUING OPERATIONS	  	 	(57	) 	 	 	(57	) 	 	 	(118	) 	 	 	(62	) 	 	 	(4	) 	 	 	(241	) 	
Income (loss) from discontinued operations, net of taxes	  	 	(20	) 	 	 	6	  	 	 	12	  	 	 	27	  	 	 	12	  	 	 	57	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	 	(77	) 	 	 	(51	) 	 	 	(106	) 	 	 	(35	) 	 	 	8	  	 	 	(184	) 	
	 						
ADJUSTMENTS TO NET INCOME (LOSS):	  			 	 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	21	  	 	 	8	  	 	 	—  	  	 	 	14	  	 	 	(6	) 	 	 	16	  	
Goodwill impairment, net of taxes	  	 	—  	  	 	 	—  	  	 	 	86	  	 	 	—  	  	 	 	—  	  	 	 	86	  	
(Income) loss from discontinued operations, net of taxes	  	 	20	  	 	 	(6	) 	 	 	(12	) 	 	 	(27	) 	 	 	(12	) 	 	 	(57	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING LOSS	  	$	(36	) 	 	$	(49	) 	 	$	(32	) 	 	$	(48	) 	 	$	(10	) 	 	$	(139	) 	

Effective tax rate (operating income)	  	 	28.2	% 	 	 	36.6	% 	 	 	45.2	% 	 	 	57.5	% 	 	 	63.6	% 	 	 	49.6	% 	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income (Loss)—Corporate and Other Division
(amounts in millions)

Three months ended March 31, 2013	 	International
Protection Segment	 	 	Runoff Segment	 	 	Corporate and  Other (1) 	 	 	Total	 	
REVENUES:	 				 				 				 			 	
Premiums	 	$	165	  	 	$	1	  	 	$	—  	  	 	$	166	  	
Net investment income	 	 	33	  	 	 	34	  	 	 	2	  	 	 	69	  	
Net investment gains (losses)	 	 	6	  	 	 	(48	) 	 	 	(10	) 	 	 	(52	) 	
Insurance and investment product fees and other	 	 	1	  	 	 	56	  	 	 	43	  	 	 	100	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	205	  	 	 	43	  	 	 	35	  	 	 	283	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 				 				 				 			 	
Benefits and other changes in policy reserves	 	 	39	  	 	 	4	  	 	 	—  	  	 	 	43	  	
Interest credited	 	 	—  	  	 	 	32	  	 	 	—  	  	 	 	32	  	
Acquisition and operating expenses, net of deferrals	 	 	110	  	 	 	20	  	 	 	49	  	 	 	179	  	
Amortization of deferred acquisition costs and intangibles	 	 	28	  	 	 	(13	) 	 	 	3	  	 	 	18	  	
Interest expense	 	 	14	  	 	 	—  	  	 	 	80	  	 	 	94	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	191	  	 	 	43	  	 	 	132	  	 	 	366	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	 	 	14	  	 	 	—  	  	 	 	(97	) 	 	 	(83	) 	
Provision (benefit) for income taxes	 	 	4	  	 	 	3	  	 	 	(33	) 	 	 	(26	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	 	 	10	  	 	 	(3	) 	 	 	(64	) 	 	 	(57	) 	
Income (loss) from discontinued operations, net of taxes	 	 	—  	  	 	 	—  	  	 	 	(20	) 	 	 	(20	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	 	 	10	  	 	 	(3	) 	 	 	(84	) 	 	 	(77	) 	
ADJUSTMENTS TO NET INCOME (LOSS):	 				 				 				 			 	
Net investment (gains) losses, net of taxes and other adjustments	 	 	(4	) 	 	 	19	  	 	 	6	  	 	 	21	  	
(Income) loss from discontinued operations, net of taxes	 	 	—  	  	 	 	—  	  	 	 	20	  	 	 	20	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	 	$	6	  	 	$	16	  	 	$	(58	) 	 	$	(36	) 	

Effective tax rate (operating income (loss))	 	 	27.4	% 	 	 	44.8	% 	 	 	33.5	% 	 	 	28.2	% 	
				 	
Three months ended March 31, 2012	 	International
Protection Segment	 	 	Runoff Segment	 	 	Corporate and  Other (1) 	 	 	Total	 	
REVENUES:	 				 				 				 			 	
Premiums	 	$	179	  	 	$	1	  	 	$	—  	  	 	$	180	  	
Net investment income	 	 	36	  	 	 	38	  	 	 	—  	  	 	 	74	  	
Net investment gains (losses)	 	 	1	  	 	 	42	  	 	 	(33	) 	 	 	10	  	
Insurance and investment product fees and other	 	 	2	  	 	 	52	  	 	 	21	  	 	 	75	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	218	  	 	 	133	  	 	 	(12	) 	 	 	339	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 				 				 				 			 	
Benefits and other changes in policy reserves	 	 	41	  	 	 	1	  	 	 	—  	  	 	 	42	  	
Interest credited	 	 	—  	  	 	 	33	  	 	 	—  	  	 	 	33	  	
Acquisition and operating expenses, net of deferrals	 	 	127	  	 	 	19	  	 	 	32	  	 	 	178	  	
Amortization of deferred acquisition costs and intangibles	 	 	31	  	 	 	(4	) 	 	 	3	  	 	 	30	  	
Interest expense	 	 	11	  	 	 	—  	  	 	 	62	  	 	 	73	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	210	  	 	 	49	  	 	 	97	  	 	 	356	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	 	 	8	  	 	 	84	  	 	 	(109	) 	 	 	(17	) 	
Provision (benefit) for income taxes	 	 	2	  	 	 	22	  	 	 	(37	) 	 	 	(13	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	 	 	6	  	 	 	62	  	 	 	(72	) 	 	 	(4	) 	
Income (loss) from discontinued operations, net of taxes	 	 	—  	  	 	 	—  	  	 	 	12	  	 	 	12	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	 	 	6	  	 	 	62	  	 	 	(60	) 	 	 	8	  	
ADJUSTMENTS TO NET INCOME (LOSS):	 				 				 				 			 	
Net investment (gains) losses, net of taxes and other adjustments	 	 	(1	) 	 	 	(27	) 	 	 	22	  	 	 	(6	) 	
(Income) loss from discontinued operations, net of taxes	 	 	—  	  	 	 	—  	  	 	 	(12	) 	 	 	(12	) 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	 	$	5	  	 	$	35	  	 	$	(50	) 	 	$	(10	) 	

					
Effective tax rate (operating income (loss))	 	 	23.1	% 	 	 	16.9	% 	 	 	34.1	% 	 	 	63.6	% 	

(1)  	Includes inter-segment eliminations and non-core products.	
 
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International Protection Segment
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income and Sales—International Protection Segment
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				
Premiums	  	$	165	  	  	$	165	  	 	$	164	  	 	$	174	  	 	$	179	  	 	$	682	  	
Net investment income	  	 	33	  	  	 	27	  	 	 	32	  	 	 	36	  	 	 	36	  	 	 	131	  	
Net investment gains (losses)	  	 	6	  	  	 	3	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	6	  	
Insurance and investment product fees and other	  	 	1	  	  	 	—  	  	 	 	1	  	 	 	—  	  	 	 	2	  	 	 	3	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	205	  	  	 	195	  	 	 	198	  	 	 	211	  	 	 	218	  	 	 	822	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				
Benefits and other changes in policy reserves	  	 	39	  	  	 	38	  	 	 	30	  	 	 	41	  	 	 	41	  	 	 	150	  	
Interest credited	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Acquisition and operating expenses, net of deferrals	  	 	110	  	  	 	113	  	 	 	117	  	 	 	126	  	 	 	127	  	 	 	483	  	
Amortization of deferred acquisition costs and intangibles	  	 	28	  	  	 	28	  	 	 	27	  	 	 	27	  	 	 	31	  	 	 	113	  	
Goodwill impairment	  	 	—  	  	  	 	—  	  	 	 	89	  	 	 	—  	  	 	 	—  	  	 	 	89	  	
Interest expense	  	 	14	  	  	 	9	  	 	 	11	  	 	 	14	  	 	 	11	  	 	 	45	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	191	  	  	 	188	  	 	 	274	  	 	 	208	  	 	 	210	  	 	 	880	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	14	  	  	 	7	  	 	 	(76	) 	 	 	3	  	 	 	8	  	 	 	(58	) 	
Provision (benefit) for income taxes	  	 	4	  	  	 	(2	) 	 	 	1	  	 	 	—  	  	 	 	2	  	 	 	1	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	  	 	10	  	  	 	9	  	 	 	(77	) 	 	 	3	  	 	 	6	  	 	 	(59	) 	
	 						
ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS:	  			 	  				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	(4	) 	  	 	(1	) 	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	 	 	(3	) 	
Goodwill impairment, net of taxes	  	 	—  	  	  	 	—  	  	 	 	86	  	 	 	—  	  	 	 	—  	  	 	 	86	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (1) 	  	$	6	  	  	$	8	  	 	$	8	  	 	$	3	  	 	$	5	  	 	$	24	  	

							
Effective tax rate (operating income)	  	 	27.4	% 	  	 	-46.6	% 	 	 	32.8	% 	 	 	-5.8	% 	 	 	23.1	% 	 	 	9.4	% 	
							
SALES:	  				  				 				 				 				 				
Lifestyle Protection Insurance	  				  				 				 				 				 				
Traditional indemnity premiums	  	$	235	  	  	$	211	  	 	$	212	  	 	$	246	  	 	$	228	  	 	$	897	  	
Premium equivalents for administrative services only business	  	 	3	  	  	 	2	  	 	 	2	  	 	 	2	  	 	 	2	  	 	 	8	  	
Reinsurance premiums assumed accounted for under the deposit method	  	 	157	  	  	 	165	  	 	 	152	  	 	 	169	  	 	 	149	  	 	 	635	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales (2) 	  	$	395	  	  	$	378	  	 	$	366	  	 	$	417	  	 	$	379	  	 	$	1,540	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
SALES BY REGION:	  			 	  				 				 				 				 				
Lifestyle Protection Insurance	  			 	  				 				 				 				 				
Northern Europe	  	$	150	  	  	$	146	  	 	$	145	  	 	$	151	  	 	$	141	  	 	$	583	  	
Southern Europe	  	 	119	  	  	 	114	  	 	 	110	  	 	 	141	  	 	 	134	  	 	 	499	  	
Latin America	  	 	3	  	  	 	4	  	 	 	4	  	 	 	5	  	 	 	7	  	 	 	20	  	
Structured Deals (3)	  	 	104	  	  	 	105	  	 	 	103	  	 	 	113	  	 	 	93	  	 	 	414	  	
Other	  	 	19	  	  	 	9	  	 	 	4	  	 	 	7	  	 	 	4	  	 	 	24	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Sales	  	$	395	  	  	$	378	  	 	$	366	  	 	$	417	  	 	$	379	  	 	$	1,540	  	

Net Premiums Written	  				  				 				 				 				 				
Northern Europe	  	$	106	  	  	$	107	  	 	$	107	  	 	$	111	  	 	$	104	  	 	$	429	  	
Southern Europe	  	 	78	  	  	 	72	  	 	 	70	  	 	 	87	  	 	 	87	  	 	 	316	  	
Structured Deals (3)	  	 	28	  	  	 	32	  	 	 	31	  	 	 	40	  	 	 	19	  	 	 	122	  	
New Markets	  	 	21	  	  	 	11	  	 	 	7	  	 	 	7	  	 	 	6	  	 	 	31	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Pre-Deposit Accounting Basis (4) 	  	 	233	  	  	 	222	  	 	 	215	  	 	 	245	  	 	 	216	  	 	 	898	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Deposit Accounting Adjustments	  	 	80	  	  	 	72	  	 	 	67	  	 	 	85	  	 	 	55	  	 	 	279	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total (5)	  	$	153	  	  	$	150	  	 	$	148	  	 	$	160	  	 	$	161	  	 	$	619	  	

	  				  				 				 				 				 				
Loss Ratio	  	 	24	% 	  	 	23	% 	 	 	18	% 	 	 	24	% 	 	 	23	% 	 	 	22	% 	
 
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 $5 million for the three months ended March 31, 2013.	
(2)  	Sales adjusted for foreign exchange as compared to the prior year period for the International Protection segment were $385 million for the three months ended March 31, 2013.	
(3)  	Structured deals represent in-force blocks of business acquired through reinsurance arrangements and ongoing reciprocal arrangements in place with certain clients.	
(4)  	This business has reinsurance agreements that do not qualify for risk transfer under GAAP. This analysis shows the net premiums written activity as if these reinsurance agreements, except for our reciprocal arrangements, were accounted for as reinsurance accounting ("pre-deposit accounting basis") and not as deposit accounting.	
(5)  	Net premiums written adjusted for foreign exchange as compared to the prior year period for the International Protection segment were $148 million for the three months ended March 31, 2013.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income (Pre-Deposit Accounting Basis)—International Protection Segment
(amounts in millions)

 	  	1Q 2013	 	
 	  	Reported	 	 	Deposit
Accounting
Adjustments	 	 	Pre-Deposit
Accounting
Basis	 	
REVENUES:	  				 				 				
Premiums	  	$	165	  	 	$	62	  	 	$	227	  	
Net investment income	  	 	33	  	 	 	(11	) 	 	 	22	  	
Net investment gains (losses)	  	 	6	  	 	 	—  	  	 	 	6	  	
Insurance and investment product fees and other	  	 	1	  	 	 	—  	  	 	 	1	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	205	  	 	 	51	  	 	 	256	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  				 				 				
Benefits and other changes in policy reserves	  	 	39	  	 	 	33	  	 	 	72	  	
Interest credited	  	 	—  	  	 	 	—  	  	 	 	—  	  	
Acquisition and operating expenses, net of deferrals	  	 	110	  	 	 	9	  	 	 	119	  	
Amortization of deferred acquisition costs and intangibles	  	 	28	  	 	 	14	  	 	 	42	  	
Interest expense	  	 	14	  	 	 	(5	) 	 	 	9	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	191	  	 	 	51	  	 	 	242	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	14	  	 	 	—  	  	 	 	14	  	
Provision for income taxes	  	 	4	  	 	 	—  	  	 	 	4	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
INCOME FROM CONTINUING OPERATIONS	  	 	10	  	 	 	—  	  	 	 	10	  	
				
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:	  				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	(4	) 	 	 	—  	  	 	 	(4	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (1) 	  	$	6	  	 	$	—  	  	 	$	6	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	  	 	27.4	% 	 				 	 	27.4	% 	
				
Other Metrics:	  				 				 				
Premiums	  	$	165	  	 	$	62	  	 	$	227	  	
Benefits and other changes in policy reserves	  	 	39	  	 	 	33	  	 	 	72	  	
Commissions (2)	  	 	80	  	 	 	12	  	 	 	92	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Margin before profit sharing	  	 	46	  	 	 	17	  	 	 	63	  	
Profit share (2)	  	 	18	  	 	 	11	  	 	 	29	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Underwriting profit (3)	  	$	28	  	 	$	6	  	 	$	34	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
Loss Ratio	  	 	24	% 	 				 	 	32	% 	
				
Underwriting Margin (3) 	  	 	17	% 	 				 	 	15	% 	
				
Combined Ratio (4) 	  	 	107	% 	 				 	 	103	% 	
This page is provided as supplemental analysis related to the lifestyle protection insurance business. This business has reinsurance agreements that do not qualify for risk transfer under GAAP. This analysis shows the income statement activity as if these reinsurance agreements, except for our reciprocal arrangements, were accounted for as reinsurance accounting (“pre-deposit accounting basis”) and not as deposit accounting. There is no impact on net income available to Genworth Financial, Inc.’s common stockholders or to segment net operating income.
The ratios included above were 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 $5 million for the three months ended March 31, 2013.	
(2)  	Commissions include commissions which are included above in acquisition and operating expenses, net of deferrals, and amortization of DAC.	
(3)  	The underwriting margin is calculated as underwriting profit divided by net earned premiums.	
(4)  	The combined ratio is calculated as benefits and other changes in policy reserves, commissions (including amortization of DAC), profit share and other operating expenses divided by net earned premiums.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income (Pre-Deposit Accounting Basis)—International Protection Segment
(amounts in millions)

 	 	4Q 2012	 	 	3Q 2012	 	 	2Q 2012	 	 	1Q 2012	 	 	Total 2012	 	
 	 	Reported	 	 	Deposit
Accounting
Adjustments	 	 	Pre-Deposit
Accounting
Basis	 	 	Reported	 	 	Deposit
Accounting
Adjustments	 	 	Pre-Deposit
Accounting
Basis	 	 	Reported	 	 	Deposit
Accounting
Adjustments	 	 	Pre-Deposit
Accounting
Basis	 	 	Reported	 	 	Deposit
Accounting
Adjustments	 	 	Pre-Deposit
Accounting
Basis	 	 	Reported	 	 	Deposit
Accounting
Adjustments	 	 	Pre-Deposit
Accounting
Basis	 	
REVENUES:	 				 				 				 				 				 				 				 				 				 				 				 				 				 				 				
Premiums	 	$	165	  	 	$	50	  	 	$	215	  	 	$	164	  	 	$	47	  	 	$	211	  	 	$	174	  	 	$	56	  	 	$	230	  	 	$	179	  	 	$	55	  	 	$	234	  	 	$	682	  	 	$	208	  	 	$	890	  	
Net investment income	 	 	27	  	 	 	(5	) 	 	 	22	  	 	 	32	  	 	 	(9	) 	 	 	23	  	 	 	36	  	 	 	(12	) 	 	 	24	  	 	 	36	  	 	 	(13	) 	 	 	23	  	 	 	131	  	 	 	(39	) 	 	 	92	  	
Net investment gains (losses)	 	 	3	  	 	 	—  	  	 	 	3	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	6	  	 	 	—  	  	 	 	6	  	
Insurance and investment product fees and other	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	2	  	 	 	—  	  	 	 	2	  	 	 	3	  	 	 	—  	  	 	 	3	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 	 	195	  	 	 	45	  	 	 	240	  	 	 	198	  	 	 	38	  	 	 	236	  	 	 	211	  	 	 	44	  	 	 	255	  	 	 	218	  	 	 	42	  	 	 	260	  	 	 	822	  	 	 	169	  	 	 	991	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	 				 				 				 				 				 				 				 				 				 				 				 				 				 				 				
Benefits and other changes in policy reserves	 	 	38	  	 	 	20	  	 	 	58	  	 	 	30	  	 	 	15	  	 	 	45	  	 	 	41	  	 	 	20	  	 	 	61	  	 	 	41	  	 	 	15	  	 	 	56	  	 	 	150	  	 	 	70	  	 	 	220	  	
Interest credited	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Acquisition and operating expenses, net of deferrals	 	 	113	  	 	 	12	  	 	 	125	  	 	 	117	  	 	 	14	  	 	 	131	  	 	 	126	  	 	 	15	  	 	 	141	  	 	 	127	  	 	 	17	  	 	 	144	  	 	 	483	  	 	 	58	  	 	 	541	  	
Amortization of deferred acquisition costs and intangibles	 	 	28	  	 	 	13	  	 	 	41	  	 	 	27	  	 	 	11	  	 	 	38	  	 	 	27	  	 	 	13	  	 	 	40	  	 	 	31	  	 	 	14	  	 	 	45	  	 	 	113	  	 	 	51	  	 	 	164	  	
Goodwill impairment	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	89	  	 	 	—  	  	 	 	89	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	89	  	 	 	—  	  	 	 	89	  	
Interest expense	 	 	9	  	 	 	—  	  	 	 	9	  	 	 	11	  	 	 	(2	) 	 	 	9	  	 	 	14	  	 	 	(4	) 	 	 	10	  	 	 	11	  	 	 	(4	) 	 	 	7	  	 	 	45	  	 	 	(10	) 	 	 	35	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	 	 	188	  	 	 	45	  	 	 	233	  	 	 	274	  	 	 	38	  	 	 	312	  	 	 	208	  	 	 	44	  	 	 	252	  	 	 	210	  	 	 	42	  	 	 	252	  	 	 	880	  	 	 	169	  	 	 	1,049	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	 	 	7	  	 	 	—  	  	 	 	7	  	 	 	(76	) 	 	 	—  	  	 	 	(76	) 	 	 	3	  	 	 	—  	  	 	 	3	  	 	 	8	  	 	 	—  	  	 	 	8	  	 	 	(58	) 	 	 	—  	  	 	 	(58	) 	
Provision (benefit) for income taxes	 	 	(2	) 	 	 	—  	  	 	 	(2	) 	 	 	1	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	2	  	 	 	—  	  	 	 	2	  	 	 	1	  	 	 	—  	  	 	 	1	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	 	 	9	  	 	 	—  	  	 	 	9	  	 	 	(77	) 	 	 	—  	  	 	 	(77	) 	 	 	3	  	 	 	—  	  	 	 	3	  	 	 	6	  	 	 	—  	  	 	 	6	  	 	 	(59	) 	 	 	—  	  	 	 	(59	) 	
																
ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS:	 				 				 				 				 				 				 				 				 				 				 				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	 	 	(3	) 	 	 	—  	  	 	 	(3	) 	
Goodwill impairment, net of taxes	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	86	  	 	 	—  	  	 	 	86	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	86	  	 	 	—  	  	 	 	86	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME	 	$	8	  	 	$	—  	  	 	$	8	  	 	$	8	  	 	$	—  	  	 	$	8	  	 	$	3	  	 	$	—  	  	 	$	3	  	 	$	5	  	 	$	—  	  	 	$	5	  	 	$	24	  	 	$	—  	  	 	$	24	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Effective tax rate (operating income)	 	 	-46.6	% 	 				 	 	-46.6	% 	 	 	32.8	% 	 				 	 	32.8	% 	 	 	-5.8	% 	 				 	 	-5.8	% 	 	 	23.1	% 	 				 	 	23.1	% 	 	 	9.4	% 	 				 	 	9.4	% 	
																
Other Metrics:	 				 				 				 				 				 				 				 				 				 				 				 				 				 				 				
Premiums	 	$	165	  	 	$	50	  	 	$	215	  	 	$	164	  	 	$	47	  	 	$	211	  	 	$	174	  	 	$	56	  	 	$	230	  	 	$	179	  	 	$	55	  	 	$	234	  	 	$	682	  	 	$	208	  	 	$	890	  	
Benefits and other changes in policy reserves	 	 	38	  	 	 	20	  	 	 	58	  	 	 	30	  	 	 	15	  	 	 	45	  	 	 	41	  	 	 	20	  	 	 	61	  	 	 	41	  	 	 	15	  	 	 	56	  	 	 	150	  	 	 	70	  	 	 	220	  	
Commissions (1)	 	 	80	  	 	 	9	  	 	 	89	  	 	 	79	  	 	 	12	  	 	 	91	  	 	 	83	  	 	 	13	  	 	 	96	  	 	 	85	  	 	 	14	  	 	 	99	  	 	 	327	  	 	 	48	  	 	 	375	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Margin before profit sharing	 	 	47	  	 	 	21	  	 	 	68	  	 	 	55	  	 	 	20	  	 	 	75	  	 	 	50	  	 	 	23	  	 	 	73	  	 	 	53	  	 	 	26	  	 	 	79	  	 	 	205	  	 	 	90	  	 	 	295	  	
Profit share (1)	 	 	20	  	 	 	14	  	 	 	34	  	 	 	24	  	 	 	15	  	 	 	39	  	 	 	27	  	 	 	14	  	 	 	41	  	 	 	27	  	 	 	17	  	 	 	44	  	 	 	98	  	 	 	60	  	 	 	158	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Underwriting profit	 	$	27	  	 	$	7	  	 	$	34	  	 	$	31	  	 	$	5	  	 	$	36	  	 	$	23	  	 	$	9	  	 	$	32	  	 	$	26	  	 	$	9	  	 	$	35	  	 	$	107	  	 	$	30	  	 	$	137	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Loss Ratio	 	 	23	% 	 				 	 	27	% 	 	 	18	% 	 				 	 	21	% 	 	 	24	% 	 				 	 	27	% 	 	 	23	% 	 				 	 	23	% 	 	 	22	% 	 				 	 	25	% 	
																
Underwriting Margin (2) 	 	 	17	% 	 				 	 	16	% 	 	 	19	% 	 				 	 	17	% 	 	 	14	% 	 				 	 	14	% 	 	 	14	% 	 				 	 	15	% 	 	 	16	% 	 				 	 	15	% 	
																
Combined Ratio (3) 	 	 	108	% 	 				 	 	104	% 	 	 	160	% 	 				 	 	144	% 	 	 	111	% 	 				 	 	105	% 	 	 	111	% 	 				 	 	105	% 	 	 	122	% 	 				 	 	114	% 	
This page is provided as supplemental analysis related to the lifestyle protection insurance business. This business has reinsurance agreements that do not qualify for risk transfer under GAAP. This analysis shows the income statement activity as if these reinsurance agreements, except for our reciprocal arrangements, were accounted for as reinsurance accounting (“pre-deposit accounting basis”) and not as deposit accounting. There is no impact on net income available to Genworth Financial, Inc.’s common stockholders or to segment net operating income.
The ratios included above were calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein.

(1)  	Commissions include commissions which are included above in acquisition and operating expenses, net of deferrals, and amortization of DAC.	
(2)  	The underwriting margin is calculated as underwriting profit divided by net earned premiums.	
(3)  	The combined ratio is calculated as benefits and other changes in policy reserves, commissions (including amortization of DAC), profit share and other operating expenses divided by net earned premiums.	
 
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Runoff Segment
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Income (Loss)—Runoff Segment
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				
Premiums	  	$	1	  	  	$	1	  	 	$	1	  	 	$	2	  	 	$	1	  	 	$	5	  	
Net investment income	  	 	34	  	  	 	37	  	 	 	34	  	 	 	36	  	 	 	38	  	 	 	145	  	
Net investment gains (losses)	  	 	(48	) 	  	 	2	  	 	 	5	  	 	 	(25	) 	 	 	42	  	 	 	24	  	
Insurance and investment product fees and other	  	 	56	  	  	 	52	  	 	 	52	  	 	 	51	  	 	 	52	  	 	 	207	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	43	  	  	 	92	  	 	 	92	  	 	 	64	  	 	 	133	  	 	 	381	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				
Benefits and other changes in policy reserves	  	 	4	  	  	 	13	  	 	 	9	  	 	 	14	  	 	 	1	  	 	 	37	  	
Interest credited	  	 	32	  	  	 	32	  	 	 	33	  	 	 	34	  	 	 	33	  	 	 	132	  	
Acquisition and operating expenses, net of deferrals	  	 	20	  	  	 	21	  	 	 	18	  	 	 	21	  	 	 	19	  	 	 	79	  	
Amortization of deferred acquisition costs and intangibles	  	 	(13	) 	  	 	20	  	 	 	18	  	 	 	17	  	 	 	(4	) 	 	 	51	  	
Interest expense	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	1	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	43	  	  	 	86	  	 	 	78	  	 	 	87	  	 	 	49	  	 	 	300	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	—  	  	  	 	6	  	 	 	14	  	 	 	(23	) 	 	 	84	  	 	 	81	  	
Provision (benefit) for income taxes	  	 	3	  	  	 	—  	  	 	 	3	  	 	 	(2	) 	 	 	22	  	 	 	23	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
INCOME (LOSS) FROM CONTINUING OPERATIONS	  	 	(3	) 	  	 	6	  	 	 	11	  	 	 	(21	) 	 	 	62	  	 	 	58	  	
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:	  			 	  				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	19	  	  	 	2	  	 	 	(2	) 	 	 	15	  	 	 	(27	) 	 	 	(12	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING INCOME (LOSS)	  	$	16	  	  	$	8	  	 	$	9	  	 	$	(6	) 	 	$	35	  	 	$	46	  	

Effective tax rate (operating income (loss))	  	 	44.8	% 	  	 	18.4	% 	 	 	19.0	% 	 	 	NM 	(1)  	 	 	16.9	% 	 	 	27.1	% 	

(1)  	“NM” is defined as not meaningful for percentages greater than 200%.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Selected Operating Performance Measures—Runoff Segment
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Variable Annuities—Income Distribution Series	  			 	  				 				 				 				 				
Account value, beginning of the period	  	$	6,141	  	  	$	6,261	  	 	$	6,229	  	 	$	6,398	  	 	$	6,265	  	 	$	6,265	  	
Deposits	  	 	20	  	  	 	22	  	 	 	17	  	 	 	20	  	 	 	26	  	 	 	85	  	
Surrenders, benefits and product charges	  	 	(173	) 	  	 	(184	) 	 	 	(184	) 	 	 	(168	) 	 	 	(174	) 	 	 	(710	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(153	) 	  	 	(162	) 	 	 	(167	) 	 	 	(148	) 	 	 	(148	) 	 	 	(625	) 	
Interest credited and investment performance	  	 	214	  	  	 	42	  	 	 	199	  	 	 	(21	) 	 	 	281	  	 	 	501	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of the period	  	 	6,202	  	  	 	6,141	  	 	 	6,261	  	 	 	6,229	  	 	 	6,398	  	 	 	6,141	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Traditional Variable Annuities	  			 	  				 				 				 				 				
Account value, net of reinsurance, beginning of the period	  	 	1,662	  	  	 	1,715	  	 	 	1,703	  	 	 	1,819	  	 	 	1,766	  	 	 	1,766	  	
Deposits	  	 	3	  	  	 	3	  	 	 	4	  	 	 	3	  	 	 	3	  	 	 	13	  	
Surrenders, benefits and product charges	  	 	(81	) 	  	 	(84	) 	 	 	(72	) 	 	 	(81	) 	 	 	(89	) 	 	 	(326	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(78	) 	  	 	(81	) 	 	 	(68	) 	 	 	(78	) 	 	 	(86	) 	 	 	(313	) 	
Interest credited and investment performance	  	 	90	  	  	 	28	  	 	 	80	  	 	 	(38	) 	 	 	139	  	 	 	209	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, net of reinsurance, end of the period	  	 	1,674	  	  	 	1,662	  	 	 	1,715	  	 	 	1,703	  	 	 	1,819	  	 	 	1,662	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Variable Life Insurance	  			 	  				 				 				 				 				
Account value, beginning of the period	  	 	292	  	  	 	294	  	 	 	293	  	 	 	305	  	 	 	284	  	 	 	284	  	
Deposits	  	 	2	  	  	 	2	  	 	 	2	  	 	 	2	  	 	 	3	  	 	 	9	  	
Surrenders, benefits and product charges	  	 	(9	) 	  	 	(9	) 	 	 	(12	) 	 	 	(10	) 	 	 	(8	) 	 	 	(39	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(7	) 	  	 	(7	) 	 	 	(10	) 	 	 	(8	) 	 	 	(5	) 	 	 	(30	) 	
Interest credited and investment performance	  	 	16	  	  	 	5	  	 	 	11	  	 	 	(4	) 	 	 	26	  	 	 	38	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of the period	  	 	301	  	  	 	292	  	 	 	294	  	 	 	293	  	 	 	305	  	 	 	292	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total	  	$	8,177	  	  	$	8,095	  	 	$	8,270	  	 	$	8,225	  	 	$	8,522	  	 	$	8,095	  	

Guaranteed Investment Contracts, Funding Agreements Backing Notes and Funding Agreements:	  				  				 				 				 				 				
Account value, beginning of period	  	$	2,153	  	  	$	2,297	  	 	$	2,221	  	 	$	2,594	  	 	$	2,623	  	 	$	2,623	  	
Deposits	  	 	—  	  	  	 	—  	  	 	 	84	  	 	 	—  	  	 	 	—  	  	 	 	84	  	
Surrenders and benefits	  	 	(167	) 	  	 	(164	) 	 	 	(26	) 	 	 	(385	) 	 	 	(55	) 	 	 	(630	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net flows	  	 	(167	) 	  	 	(164	) 	 	 	58	  	 	 	(385	) 	 	 	(55	) 	 	 	(546	) 	
Interest credited	  	 	15	  	  	 	17	  	 	 	17	  	 	 	18	  	 	 	21	  	 	 	73	  	
Foreign currency translation	  	 	(31	) 	  	 	3	  	 	 	1	  	 	 	(6	) 	 	 	5	  	 	 	3	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Account value, end of period	  	$	1,970	  	  	$	2,153	  	 	$	2,297	  	 	$	2,221	  	 	$	2,594	  	 	$	2,153	  	

 
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Corporate and Other
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Net Operating Loss and Assets Under Management—Corporate and Other (1) 
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				 				 				 				 				
Premiums	  	$	—  	  	  	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	 	$	—  	  	
Net investment income	  	 	2	  	  	 	11	  	 	 	3	  	 	 	16	  	 	 	—  	  	 	 	30	  	
Net investment gains (losses)	  	 	(10	) 	  	 	(11	) 	 	 	(4	) 	 	 	1	  	 	 	(33	) 	 	 	(47	) 	
Insurance and investment product fees and other	  	 	43	  	  	 	40	  	 	 	35	  	 	 	24	  	 	 	21	  	 	 	120	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	35	  	  	 	40	  	 	 	34	  	 	 	41	  	 	 	(12	) 	 	 	103	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				 				 				 				 				
Benefits and other changes in policy reserves	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Interest credited	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
Acquisition and operating expenses, net of deferrals	  	 	49	  	  	 	60	  	 	 	36	  	 	 	29	  	 	 	32	  	 	 	157	  	
Amortization of deferred acquisition costs and intangibles	  	 	3	  	  	 	3	  	 	 	3	  	 	 	3	  	 	 	3	  	 	 	12	  	
Interest expense	  	 	80	  	  	 	80	  	 	 	82	  	 	 	84	  	 	 	62	  	 	 	308	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	132	  	  	 	143	  	 	 	121	  	 	 	116	  	 	 	97	  	 	 	477	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	  	 	(97	) 	  	 	(103	) 	 	 	(87	) 	 	 	(75	) 	 	 	(109	) 	 	 	(374	) 	
Benefit for income taxes	  	 	(33	) 	  	 	(31	) 	 	 	(35	) 	 	 	(31	) 	 	 	(37	) 	 	 	(134	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
LOSS FROM CONTINUING OPERATIONS	  	 	(64	) 	  	 	(72	) 	 	 	(52	) 	 	 	(44	) 	 	 	(72	) 	 	 	(240	) 	
Income (loss) from discontinued operations, net of taxes (2)	  	 	(20	) 	  	 	6	  	 	 	12	  	 	 	27	  	 	 	12	  	 	 	57	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET LOSS	  	 	(84	) 	  	 	(66	) 	 	 	(40	) 	 	 	(17	) 	 	 	(60	) 	 	 	(183	) 	
ADJUSTMENTS TO NET LOSS:	  			 	  				 				 				 				 				
Net investment (gains) losses, net of taxes and other adjustments	  	 	6	  	  	 	7	  	 	 	3	  	 	 	(1	) 	 	 	22	  	 	 	31	  	
(Income) loss from discontinued operations, net of taxes	  	 	20	  	  	 	(6	) 	 	 	(12	) 	 	 	(27	) 	 	 	(12	) 	 	 	(57	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NET OPERATING LOSS	  	$	(58	) 	  	$	(65	) 	 	$	(49	) 	 	$	(45	) 	 	$	(50	) 	 	$	(209	) 	

Effective tax rate (operating loss)	  	 	33.5	% 	  	 	29.8	% 	 	 	40.0	% 	 	 	41.7	% 	 	 	34.1	% 	 	 	36.2	% 	

(1)  	Includes inter-segment eliminations and non-core products.	
(2)  	Operating results of the wealth management business presented as discontinued operations were as follows:	

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	  	3Q	 	  	2Q	 	 	1Q	 	 	Total	 	
REVENUES:	  			 	  				  				  				 				 				
Net investment gains (losses)	  	$	—  	  	  	$	—  	  	  	$	—  	  	  	$	(2	) 	 	$	(1	) 	 	$	(3	) 	
Insurance and investment product fees and other	  	 	78	  	  	 	74	  	  	 	82	  	  	 	83	  	 	 	112	  	 	 	351	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	  	 	78	  	  	 	74	  	  	 	82	  	  	 	81	  	 	 	111	  	 	 	348	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
BENEFITS AND EXPENSES:	  			 	  				  				  				 				 				
Acquisition and operating expenses, net of deferrals	  	 	66	  	  	 	58	  	  	 	62	  	  	 	62	  	 	 	90	  	 	 	272	  	
Amortization of deferred acquisition costs and intangibles	  	 	1	  	  	 	1	  	  	 	2	  	  	 	1	  	 	 	1	  	 	 	5	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
Total benefits and expenses	  	 	67	  	  	 	59	  	  	 	64	  	  	 	63	  	 	 	91	  	 	 	277	  	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
INCOME BEFORE INCOME TAXES AND OTHER ITEMS	  	 	11	  	  	 	15	  	  	 	18	  	  	 	18	  	 	 	20	  	 	 	71	  	
Provision for income taxes	  	 	4	  	  	 	7	  	  	 	6	  	  	 	6	  	 	 	8	  	 	 	27	  	
Goodwill impairment and other gain (loss) from sale	  	 	27	  	  	 	2	  	  	 	—  	  	  	 	(15	) 	 	 	—  	  	 	 	(13	) 	
	  	 	 	 	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME (LOSS)	  	$	(20	) 	  	$	6	  	  	$	12	  	  	$	27	  	 	$	12	  	 	$	57	  	

							
Assets under management (3)	  	$	23,056	  	  	$	22,349	  	  	$	22,633	  	  	$	22,320	  	 	$	25,684	  	 	$	22,349	  	
 
(3)  	Assets under management for the wealth management business represent third-party assets under management that are not consolidated in the company's financial statements.	
 
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 Additional Financial Data
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Investments Summary
(amounts in millions)

 	 	 	 	March 31, 2013	 	 	December 31, 2012	 	 	September 30, 2012	 	 	June 30, 2012	 	 	March 31, 2012	 	
 	 	 	 	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	 	$	36,577	  	 	 	48	% 	 	$	37,207	  	 	 	48	% 	 	$	37,335	  	 	 	48	% 	 	$	35,553	  	 	 	46	% 	 	$	34,598	  	 	 	46	% 	
Private fixed maturity securities	 	 	10,572	  	 	 	14	  	 	 	10,484	  	 	 	13	  	 	 	10,306	  	 	 	13	  	 	 	10,119	  	 	 	13	  	 	 	9,992	  	 	 	13	  	
Residential mortgage-backed securities (1)	 	 	5,551	  	 	 	7	  	 	 	5,532	  	 	 	7	  	 	 	5,489	  	 	 	7	  	 	 	5,377	  	 	 	7	  	 	 	5,250	  	 	 	7	  	
Commercial mortgage-backed securities	 	 	2,731	  	 	 	4	  	 	 	2,947	  	 	 	4	  	 	 	2,902	  	 	 	4	  	 	 	2,900	  	 	 	4	  	 	 	2,987	  	 	 	4	  	
Other asset-backed securities	 	 	2,572	  	 	 	3	  	 	 	2,583	  	 	 	3	  	 	 	2,685	  	 	 	3	  	 	 	2,531	  	 	 	3	  	 	 	2,396	  	 	 	3	  	
Tax-exempt	 	 	270	  	 	 	—  	  	 	 	294	  	 	 	—  	  	 	 	302	  	 	 	—  	  	 	 	310	  	 	 	1	  	 	 	341	  	 	 	1	  	
Non-investment grade fixed maturity securities	 	 	2,809	  	 	 	4	  	 	 	3,114	  	 	 	4	  	 	 	3,195	  	 	 	4	  	 	 	3,001	  	 	 	4	  	 	 	2,968	  	 	 	4	  	
Equity securities:	 				 			 	 				 				 				 				 				 				 				 				
Common stocks and mutual funds	 	 	401	  	 	 	1	  	 	 	431	  	 	 	1	  	 	 	410	  	 	 	1	  	 	 	374	  	 	 	1	  	 	 	382	  	 	 	1	  	
Preferred stocks	 	 	89	  	 	 	—  	  	 	 	87	  	 	 	—  	  	 	 	114	  	 	 	—  	  	 	 	57	  	 	 	—  	  	 	 	50	  	 	 	—  	  	
Commercial mortgage loans	 	 	5,866	  	 	 	8	  	 	 	5,872	  	 	 	8	  	 	 	5,861	  	 	 	8	  	 	 	5,875	  	 	 	8	  	 	 	6,030	  	 	 	8	  	
Restricted commercial mortgage loans related to securitization entities	 	 	324	  	 	 	—  	  	 	 	341	  	 	 	—  	  	 	 	359	  	 	 	—  	  	 	 	382	  	 	 	—  	  	 	 	392	  	 	 	1	  	
Policy loans	 	 	1,606	  	 	 	2	  	 	 	1,601	  	 	 	2	  	 	 	1,626	  	 	 	2	  	 	 	1,619	  	 	 	2	  	 	 	1,555	  	 	 	2	  	
Cash, cash equivalents and short-term investments	 	 	4,104	  	 	 	5	  	 	 	3,897	  	 	 	5	  	 	 	3,854	  	 	 	5	  	 	 	4,130	  	 	 	5	  	 	 	4,369	  	 	 	6	  	
Securities lending	 	 	183	  	 	 	—  	  	 	 	187	  	 	 	—  	  	 	 	181	  	 	 	—  	  	 	 	175	  	 	 	—  	  	 	 	93	  	 	 	—  	  	
Other invested assets:	 	Limited partnerships	 	 	326	  	 	 	1	  	 	 	339	  	 	 	—  	  	 	 	344	  	 	 	—  	  	 	 	357	  	 	 	—  	  	 	 	352	  	 	 	—  	  	
	 	Derivatives:	 				 			 	 				 				 				 				 				 				 				 				
	 	Long-term care (LTC) forward starting swap—cash flow	 	 	353	  	 	 	—  	  	 	 	466	  	 	 	1	  	 	 	614	  	 	 	1	  	 	 	801	  	 	 	1	  	 	 	252	  	 	 	—  	  	
	 	Other cash flow	 	 	9	  	 	 	—  	  	 	 	3	  	 	 	—  	  	 	 	1	  	 	 	—  	  	 	 	3	  	 	 	—  	  	 	 	1	  	 	 	—  	  	
	 	Fair value	 	 	4	  	 	 	—  	  	 	 	43	  	 	 	—  	  	 	 	48	  	 	 	—  	  	 	 	54	  	 	 	—  	  	 	 	69	  	 	 	—  	  	
	 	Equity index options—non-qualified	 	 	17	  	 	 	—  	  	 	 	25	  	 	 	—  	  	 	 	24	  	 	 	—  	  	 	 	31	  	 	 	—  	  	 	 	21	  	 	 	—  	  	
	 	Other non-qualified	 	 	554	  	 	 	1	  	 	 	612	  	 	 	1	  	 	 	697	  	 	 	1	  	 	 	710	  	 	 	1	  	 	 	516	  	 	 	1	  	
	 	Trading portfolio	 	 	468	  	 	 	1	  	 	 	556	  	 	 	1	  	 	 	680	  	 	 	1	  	 	 	742	  	 	 	1	  	 	 	770	  	 	 	1	  	
	 	Counterparty collateral	 	 	615	  	 	 	1	  	 	 	840	  	 	 	1	  	 	 	1,010	  	 	 	1	  	 	 	1,218	  	 	 	2	  	 	 	589	  	 	 	1	  	
	 	Restricted other invested assets related to securitization entities	 	 	399	  	 	 	—  	  	 	 	393	  	 	 	1	  	 	 	393	  	 	 	1	  	 	 	391	  	 	 	1	  	 	 	384	  	 	 	1	  	
	 	Other	 	 	146	  	 	 	—  	  	 	 	157	  	 	 	—  	  	 	 	173	  	 	 	—  	  	 	 	135	  	 	 	—  	  	 	 	121	  	 	 	—  	  	
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total invested assets and cash	 	$	76,546	  	 	 	100	% 	 	$	78,011	  	 	 	100	% 	 	$	78,603	  	 	 	100	% 	 	$	76,845	  	 	 	100	% 	 	$	74,478	  	 	 	100	% 	
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Public Fixed Maturity Securities—Credit Quality:	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NRSRO (2) Designation	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
AAA	 		 	$	17,050	  	 	 	36	% 	 	$	17,372	  	 	 	36	% 	 	$	17,864	  	 	 	37	% 	 	$	17,055	  	 	 	37	% 	 	$	16,612	  	 	 	37	% 	
AA	 		 	 	4,664	  	 	 	10	  	 	 	4,746	  	 	 	10	  	 	 	4,709	  	 	 	10	  	 	 	4,498	  	 	 	10	  	 	 	4,574	  	 	 	10	  	
A	 		 	 	13,133	  	 	 	28	  	 	 	13,238	  	 	 	28	  	 	 	13,311	  	 	 	28	  	 	 	13,083	  	 	 	28	  	 	 	12,542	  	 	 	28	  	
BBB	 		 	 	10,345	  	 	 	22	  	 	 	10,567	  	 	 	22	  	 	 	10,372	  	 	 	21	  	 	 	9,759	  	 	 	21	  	 	 	9,638	  	 	 	21	  	
BB	 		 	 	1,260	  	 	 	3	  	 	 	1,296	  	 	 	3	  	 	 	1,280	  	 	 	3	  	 	 	1,205	  	 	 	3	  	 	 	1,173	  	 	 	3	  	
B	 		 	 	135	  	 	 	—  	  	 	 	147	  	 	 	—  	  	 	 	145	  	 	 	—  	  	 	 	160	  	 	 	—  	  	 	 	150	  	 	 	—  	  	
CCC and lower	 		 	 	257	  	 	 	1	  	 	 	397	  	 	 	1	  	 	 	456	  	 	 	1	  	 	 	408	  	 	 	1	  	 	 	424	  	 	 	1	  	
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total public fixed maturity securities	 	$	46,844	  	 	 	100	% 	 	$	47,763	  	 	 	100	% 	 	$	48,137	  	 	 	100	% 	 	$	46,168	  	 	 	100	% 	 	$	45,113	  	 	 	100	% 	
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Private Fixed Maturity Securities—Credit Quality:	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
NRSRO (2) Designation	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
AAA	 		 	$	1,354	  	 	 	10	% 	 	$	1,427	  	 	 	10	% 	 	$	1,657	  	 	 	12	% 	 	$	1,649	  	 	 	12	% 	 	$	1,581	  	 	 	12	% 	
AA	 		 	 	1,462	  	 	 	10	  	 	 	1,521	  	 	 	11	  	 	 	1,349	  	 	 	10	  	 	 	1,170	  	 	 	9	  	 	 	1,122	  	 	 	8	  	
A	 		 	 	4,419	  	 	 	31	  	 	 	4,338	  	 	 	30	  	 	 	4,164	  	 	 	29	  	 	 	4,238	  	 	 	31	  	 	 	4,290	  	 	 	32	  	
BBB	 		 	 	5,846	  	 	 	41	  	 	 	5,838	  	 	 	41	  	 	 	5,593	  	 	 	40	  	 	 	5,338	  	 	 	39	  	 	 	5,205	  	 	 	39	  	
BB	 		 	 	886	  	 	 	6	  	 	 	929	  	 	 	6	  	 	 	974	  	 	 	7	  	 	 	906	  	 	 	7	  	 	 	966	  	 	 	7	  	
B	 		 	 	154	  	 	 	1	  	 	 	194	  	 	 	1	  	 	 	187	  	 	 	1	  	 	 	171	  	 	 	1	  	 	 	119	  	 	 	1	  	
CCC and lower	 		 	 	117	  	 	 	1	  	 	 	151	  	 	 	1	  	 	 	153	  	 	 	1	  	 	 	151	  	 	 	1	  	 	 	136	  	 	 	1	  	
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total private fixed maturity securities	 	$	14,238	  	 	 	100	% 	 	$	14,398	  	 	 	100	% 	 	$	14,077	  	 	 	100	% 	 	$	13,623	  	 	 	100	% 	 	$	13,419	  	 	 	100	% 	

 

(1)	The company does not have any material exposure to residential mortgage-backed securities collateralized debt obligations (CDOs).	
(2)	Nationally Recognized Statistical Rating Organizations.	
 
60

Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Fixed Maturity Securities Summary
(amounts in millions)

 	 	March 31, 2013	 	 	December 31, 2012	 	 	September 30, 2012	 	 	June 30, 2012	 	 	March 31, 2012	 	
 	 	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	 	$	5,381	  	 	 	9	% 	 	$	5,491	  	 	 	9	% 	 	$	5,503	  	 	 	9	% 	 	$	4,985	  	 	 	8	% 	 	$	4,574	  	 	 	8	% 	
Tax-exempt	 	 	270	  	 	 	0	  	 	 	294	  	 	 	1	  	 	 	302	  	 	 	1	  	 	 	310	  	 	 	1	  	 	 	341	  	 	 	—  	  	
Foreign government	 	 	2,345	  	 	 	4	  	 	 	2,422	  	 	 	4	  	 	 	2,574	  	 	 	4	  	 	 	2,505	  	 	 	4	  	 	 	2,291	  	 	 	4	  	
U.S. corporate	 	 	25,936	  	 	 	43	  	 	 	26,105	  	 	 	42	  	 	 	26,306	  	 	 	42	  	 	 	25,545	  	 	 	43	  	 	 	25,207	  	 	 	43	  	
Foreign corporate	 	 	15,540	  	 	 	25	  	 	 	15,792	  	 	 	25	  	 	 	15,368	  	 	 	25	  	 	 	14,585	  	 	 	24	  	 	 	14,442	  	 	 	25	  	
Residential mortgage-backed securities	 	 	5,942	  	 	 	10	  	 	 	6,081	  	 	 	10	  	 	 	6,119	  	 	 	10	  	 	 	5,976	  	 	 	10	  	 	 	5,852	  	 	 	10	  	
Commercial mortgage-backed securities	 	 	3,056	  	 	 	5	  	 	 	3,333	  	 	 	5	  	 	 	3,286	  	 	 	5	  	 	 	3,268	  	 	 	6	  	 	 	3,346	  	 	 	6	  	
Other asset-backed securities	 	 	2,612	  	 	 	4	  	 	 	2,643	  	 	 	4	  	 	 	2,756	  	 	 	4	  	 	 	2,617	  	 	 	4	  	 	 	2,479	  	 	 	4	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total fixed maturity securities	 	$	61,082	  	 	 	100	% 	 	$	62,161	  	 	 	100	% 	 	$	62,214	  	 	 	100	% 	 	$	59,791	  	 	 	100	% 	 	$	58,532	  	 	 	100	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Corporate Bond Holdings—Industry Sector:	 				 			 	 				 				 				 				 				 				 				 				
Investment Grade:	 				 			 	 				 				 				 				 				 				 				 				
Finance and insurance	 	$	7,746	  	 	 	20	% 	 	$	7,820	  	 	 	20	% 	 	$	8,063	  	 	 	20	% 	 	$	8,028	  	 	 	21	% 	 	$	8,138	  	 	 	21	% 	
Utilities and energy	 	 	9,438	  	 	 	24	  	 	 	9,432	  	 	 	24	  	 	 	9,265	  	 	 	23	  	 	 	8,965	  	 	 	23	  	 	 	8,752	  	 	 	23	  	
Consumer—non-cyclical	 	 	4,979	  	 	 	13	  	 	 	5,027	  	 	 	13	  	 	 	5,065	  	 	 	13	  	 	 	4,917	  	 	 	13	  	 	 	4,778	  	 	 	13	  	
Consumer—cyclical	 	 	2,217	  	 	 	6	  	 	 	2,272	  	 	 	6	  	 	 	2,222	  	 	 	6	  	 	 	2,249	  	 	 	6	  	 	 	2,183	  	 	 	6	  	
Capital goods	 	 	2,460	  	 	 	6	  	 	 	2,515	  	 	 	6	  	 	 	2,515	  	 	 	6	  	 	 	2,413	  	 	 	6	  	 	 	2,345	  	 	 	6	  	
Industrial	 	 	2,546	  	 	 	6	  	 	 	2,511	  	 	 	6	  	 	 	2,434	  	 	 	6	  	 	 	2,341	  	 	 	6	  	 	 	2,267	  	 	 	6	  	
Technology and communications	 	 	2,916	  	 	 	7	  	 	 	2,966	  	 	 	7	  	 	 	2,792	  	 	 	7	  	 	 	2,629	  	 	 	7	  	 	 	2,630	  	 	 	7	  	
Transportation	 	 	1,581	  	 	 	4	  	 	 	1,588	  	 	 	4	  	 	 	1,566	  	 	 	4	  	 	 	1,454	  	 	 	4	  	 	 	1,435	  	 	 	4	  	
Other	 	 	5,650	  	 	 	14	  	 	 	5,793	  	 	 	14	  	 	 	5,786	  	 	 	15	  	 	 	5,322	  	 	 	14	  	 	 	5,331	  	 	 	14	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 	 	39,533	  	 	 	100	% 	 	 	39,924	  	 	 	100	% 	 	 	39,708	  	 	 	100	% 	 	 	38,318	  	 	 	100	% 	 	 	37,859	  	 	 	100	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Non-Investment Grade:	 				 			 	 				 				 				 				 				 				 				 				
Finance and insurance	 	 	413	  	 	 	21	% 	 	 	454	  	 	 	23	% 	 	 	460	  	 	 	23	% 	 	 	414	  	 	 	23	% 	 	 	348	  	 	 	20	% 	
Utilities and energy	 	 	372	  	 	 	19	  	 	 	406	  	 	 	21	  	 	 	429	  	 	 	22	  	 	 	381	  	 	 	21	  	 	 	396	  	 	 	22	  	
Consumer—non-cyclical	 	 	161	  	 	 	8	  	 	 	171	  	 	 	9	  	 	 	160	  	 	 	8	  	 	 	135	  	 	 	7	  	 	 	142	  	 	 	8	  	
Consumer—cyclical	 	 	119	  	 	 	6	  	 	 	110	  	 	 	5	  	 	 	95	  	 	 	5	  	 	 	76	  	 	 	4	  	 	 	76	  	 	 	4	  	
Capital goods	 	 	247	  	 	 	13	  	 	 	257	  	 	 	13	  	 	 	287	  	 	 	14	  	 	 	310	  	 	 	17	  	 	 	303	  	 	 	17	  	
Industrial	 	 	322	  	 	 	17	  	 	 	318	  	 	 	16	  	 	 	290	  	 	 	15	  	 	 	269	  	 	 	15	  	 	 	280	  	 	 	16	  	
Technology and communications	 	 	241	  	 	 	12	  	 	 	186	  	 	 	9	  	 	 	171	  	 	 	9	  	 	 	140	  	 	 	8	  	 	 	165	  	 	 	9	  	
Transportation	 	 	53	  	 	 	3	  	 	 	55	  	 	 	3	  	 	 	58	  	 	 	3	  	 	 	59	  	 	 	3	  	 	 	60	  	 	 	3	  	
Other	 	 	15	  	 	 	1	  	 	 	16	  	 	 	1	  	 	 	16	  	 	 	1	  	 	 	28	  	 	 	2	  	 	 	20	  	 	 	1	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 	 	1,943	  	 	 	100	% 	 	 	1,973	  	 	 	100	% 	 	 	1,966	  	 	 	100	% 	 	 	1,812	  	 	 	100	% 	 	 	1,790	  	 	 	100	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total	 	$	41,476	  	 	 	100	% 	 	$	41,897	  	 	 	100	% 	 	$	41,674	  	 	 	100	% 	 	$	40,130	  	 	 	100	% 	 	$	39,649	  	 	 	100	% 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Fixed Maturity Securities—Contractual Maturity Dates:	 				 			 	 				 				 				 				 				 				 				 				
Due in one year or less	 	$	2,731	  	 	 	4	% 	 	$	2,634	  	 	 	4	% 	 	$	3,097	  	 	 	5	% 	 	$	3,054	  	 	 	5	% 	 	$	2,958	  	 	 	5	% 	
Due after one year through five years	 	 	10,997	  	 	 	18	  	 	 	11,139	  	 	 	18	  	 	 	11,162	  	 	 	18	  	 	 	10,765	  	 	 	18	  	 	 	11,183	  	 	 	19	  	
Due after five years through ten years	 	 	12,243	  	 	 	20	  	 	 	12,266	  	 	 	20	  	 	 	12,009	  	 	 	19	  	 	 	11,569	  	 	 	19	  	 	 	11,066	  	 	 	19	  	
Due after ten years	 	 	23,501	  	 	 	39	  	 	 	24,065	  	 	 	39	  	 	 	23,785	  	 	 	38	  	 	 	22,542	  	 	 	38	  	 	 	21,648	  	 	 	37	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 	 	49,472	  	 	 	81	  	 	 	50,104	  	 	 	81	  	 	 	50,053	  	 	 	80	  	 	 	47,930	  	 	 	80	  	 	 	46,855	  	 	 	80	  	
Mortgage and asset-backed securities	 	 	11,610	  	 	 	19	  	 	 	12,057	  	 	 	19	  	 	 	12,161	  	 	 	20	  	 	 	11,861	  	 	 	20	  	 	 	11,677	  	 	 	20	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total fixed maturity securities	 	$	61,082	  	 	 	100	% 	 	$	62,161	  	 	 	100	% 	 	$	62,214	  	 	 	100	% 	 	$	59,791	  	 	 	100	% 	 	$	58,532	  	 	 	100	% 	

 
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Table of Contents
GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Commercial Mortgage Loans Summary
(amounts in millions)

 	 	 	 	March 31, 2013	 	 	December 31, 2012	 	 	September 30, 2012	 	 	June 30, 2012	 	 	March 31, 2012	 	
 	 	 	 	Carrying
Amount	 	 	% of
Total	 	 	Carrying
Amount	 	 	% of
Total	 	 	Carrying
Amount	 	 	% of
Total	 	 	Carrying
Amount	 	 	% of
Total	 	 	Carrying
Amount	 	 	% of
Total	 	
Geographic Region	 		 				 			 	 				 				 				 				 				 				 				 				
Pacific	 		 	$	1,582	  	 	 	27	% 	 	$	1,553	  	 	 	26	% 	 	$	1,526	  	 	 	26	% 	 	$	1,486	  	 	 	25	% 	 	$	1,504	  	 	 	25	% 	
South Atlantic	 		 	 	1,549	  	 	 	26	  	 	 	1,587	  	 	 	27	  	 	 	1,619	  	 	 	27	  	 	 	1,640	  	 	 	28	  	 	 	1,629	  	 	 	27	  	
Middle Atlantic	 		 	 	750	  	 	 	13	  	 	 	739	  	 	 	13	  	 	 	710	  	 	 	12	  	 	 	715	  	 	 	12	  	 	 	750	  	 	 	12	  	
Mountain	 		 	 	458	  	 	 	8	  	 	 	463	  	 	 	8	  	 	 	442	  	 	 	7	  	 	 	461	  	 	 	8	  	 	 	482	  	 	 	8	  	
East North Central	 		 	 	451	  	 	 	8	  	 	 	468	  	 	 	8	  	 	 	513	  	 	 	9	  	 	 	528	  	 	 	9	  	 	 	544	  	 	 	9	  	
West North Central	 		 	 	374	  	 	 	6	  	 	 	353	  	 	 	6	  	 	 	339	  	 	 	6	  	 	 	320	  	 	 	5	  	 	 	332	  	 	 	5	  	
New England	 		 	 	341	  	 	 	6	  	 	 	343	  	 	 	6	  	 	 	342	  	 	 	6	  	 	 	344	  	 	 	6	  	 	 	385	  	 	 	6	  	
West South Central	 		 	 	259	  	 	 	4	  	 	 	265	  	 	 	4	  	 	 	260	  	 	 	4	  	 	 	269	  	 	 	4	  	 	 	293	  	 	 	5	  	
East South Central	 		 	 	140	  	 	 	2	  	 	 	141	  	 	 	2	  	 	 	152	  	 	 	3	  	 	 	155	  	 	 	3	  	 	 	157	  	 	 	3	  	
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 		 	 	5,904	  	 	 	100	% 	 	 	5,912	  	 	 	100	% 	 	 	5,903	  	 	 	100	% 	 	 	5,918	  	 	 	100	% 	 	 	6,076	  	 	 	100	% 	
	 		 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	
Allowance for losses	 		 	 	(40	) 	 			 	 	 	(42	) 	 				 	 	(44	) 	 				 	 	(46	) 	 				 	 	(49	) 	 				
Unamortized fees and costs	 		 	 	2	  	 			 	 	 	2	  	 				 	 	2	  	 				 	 	3	  	 				 	 	3	  	 				
	 		 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	 		 	$	5,866	  	 			 	 	$	5,872	  	 				 	$	5,861	  	 				 	$	5,875	  	 				 	$	6,030	  	 				
	 		 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Property Type	 		 				 			 	 				 				 				 				 				 				 				 				
Retail	 		 	$	1,953	  	 	 	33	% 	 	$	1,895	  	 	 	32	% 	 	$	1,882	  	 	 	32	% 	 	$	1,899	  	 	 	32	% 	 	$	1,907	  	 	 	31	% 	
Office	 		 	 	1,595	  	 	 	27	  	 	 	1,580	  	 	 	27	  	 	 	1,533	  	 	 	26	  	 	 	1,520	  	 	 	26	  	 	 	1,553	  	 	 	26	  	
Industrial	 		 	 	1,584	  	 	 	27	  	 	 	1,603	  	 	 	27	  	 	 	1,633	  	 	 	27	  	 	 	1,623	  	 	 	27	  	 	 	1,688	  	 	 	28	  	
Apartments	 		 	 	542	  	 	 	9	  	 	 	552	  	 	 	9	  	 	 	578	  	 	 	10	  	 	 	595	  	 	 	10	  	 	 	626	  	 	 	10	  	
Mixed use/other	 		 	 	230	  	 	 	4	  	 	 	282	  	 	 	5	  	 	 	277	  	 	 	5	  	 	 	281	  	 	 	5	  	 	 	302	  	 	 	5	  	
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Subtotal	 		 	 	5,904	  	 	 	100	% 	 	 	5,912	  	 	 	100	% 	 	 	5,903	  	 	 	100	% 	 	 	5,918	  	 	 	100	% 	 	 	6,076	  	 	 	100	% 	
	 		 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	
Allowance for losses	 		 	 	(40	) 	 			 	 	 	(42	) 	 				 	 	(44	) 	 				 	 	(46	) 	 				 	 	(49	) 	 				
Unamortized fees and costs	 		 	 	2	  	 			 	 	 	2	  	 				 	 	2	  	 				 	 	3	  	 				 	 	3	  	 				
	 		 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Total	 		 	$	5,866	  	 			 	 	$	5,872	  	 				 	$	5,861	  	 				 	$	5,875	  	 				 	$	6,030	  	 				
	 		 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Allowance for Losses on Commercial Mortgage Loans	 		 				 			 	 				 				 				 				 				 				 				 				
Beginning balance	 		 	$	42	  	 			 	 	$	44	  	 				 	$	46	  	 				 	$	49	  	 				 	$	51	  	 				
Provision	 		 	 	—  	  	 			 	 	 	—  	  	 				 	 	1	  	 				 	 	—  	  	 				 	 	—  	  	 				
Release	 		 	 	(2	) 	 			 	 	 	(2	) 	 				 	 	(3	) 	 				 	 	(3	) 	 				 	 	(2	) 	 				
	 		 	 	 	 	 			 	 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				 	 	 	 	 				
Ending balance	 		 	$	40	  	 			 	 	$	42	  	 				 	$	44	  	 				 	$	46	  	 				 	$	49	  	 				

 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
Commercial Mortgage Loans Summary
(amounts in millions)

 	  	March 31, 2013	 	 	December 31, 2012	 	 	September 30, 2012	 	 	June 30, 2012	 	 	March 31, 2012	 	
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	  	$	2,425	  	  	 	41	% 	 	$	2,458	  	  	 	42	% 	 	$	2,722	  	  	 	46	% 	 	$	2,583	  	  	 	44	% 	 	$	2,655	  	  	 	44	% 	
$5 million but less than $10 million	  	 	1,573	  	  	 	27	  	 	 	1,508	  	  	 	25	  	 	 	1,521	  	  	 	26	  	 	 	1,512	  	  	 	25	  	 	 	1,540	  	  	 	25	  	
$10 million but less than $20 million	  	 	1,255	  	  	 	21	  	 	 	1,162	  	  	 	20	  	 	 	1,058	  	  	 	18	  	 	 	1,063	  	  	 	18	  	 	 	1,117	  	  	 	18	  	
$20 million but less than $30 million	  	 	205	  	  	 	3	  	 	 	267	  	  	 	4	  	 	 	198	  	  	 	3	  	 	 	247	  	  	 	4	  	 	 	249	  	  	 	4	  	
$30 million and over	  	 	446	  	  	 	8	  	 	 	517	  	  	 	9	  	 	 	404	  	  	 	7	  	 	 	513	  	  	 	9	  	 	 	515	  	  	 	9	  	
	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
Total	  	$	5,904	  	  	 	100	% 	 	$	5,912	  	  	 	100	% 	 	$	5,903	  	  	 	100	% 	 	$	5,918	  	  	 	100	% 	 	$	6,076	  	  	 	100	% 	

Commercial Mortgage Loan Information by Vintage as of March 31, 2013
(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	  	$	1,224	  	  	 	592	  	  	$	2	  	  	 	47	% 	 	$	4	  	  	 	1	  	  	$	4	  	
2005	  	 	1,136	  	  	 	273	  	  	$	4	  	  	 	59	% 	 	 	—  	  	  	 	—  	  	  	$	—  	  	
2006	  	 	1,112	  	  	 	261	  	  	$	4	  	  	 	66	% 	 	 	11	  	  	 	4	  	  	$	3	  	
2007	  	 	910	  	  	 	162	  	  	$	6	  	  	 	71	% 	 	 	5	  	  	 	3	  	  	$	2	  	
2008	  	 	258	  	  	 	56	  	  	$	5	  	  	 	71	% 	 	 	3	  	  	 	1	  	  	$	3	  	
2009	  	 	—  	  	  	 	—  	  	  	$	—  	  	  	 	—  	% 	 	 	—  	  	  	 	—  	  	  	$	—  	  	
2010	  	 	97	  	  	 	17	  	  	$	6	  	  	 	57	% 	 	 	—  	  	  	 	—  	  	  	$	—  	  	
2011	  	 	279	  	  	 	54	  	  	$	5	  	  	 	63	% 	 	 	3	  	  	 	1	  	  	$	3	  	
2012	  	 	685	  	  	 	97	  	  	$	7	  	  	 	66	% 	 	 	—  	  	  	 	—  	  	  	$	—  	  	
2013	  	 	203	  	  	 	30	  	  	$	7	  	  	 	66	% 	 	 	—  	  	  	 	—  	  	  	$	—  	  	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				
Total	  	$	5,904	  	  	 	1,542	  	  	$	4	  	  	 	61	% 	 	$	26	  	  	 	10	  	  	$	3	  	

(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 March 31, 2013.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 General Account GAAP Net Investment Income Yields
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
GAAP Net Investment Income	  			 	 				 				 				 				 				
Fixed maturity securities—taxable	  	$	656	  	 	$	678	  	 	$	659	  	 	$	669	  	 	$	660	  	 	$	2,666	  	
Fixed maturity securities—non-taxable	  	 	2	  	 	 	2	  	 	 	2	  	 	 	3	  	 	 	4	  	 	 	11	  	
Commercial mortgage loans	  	 	82	  	 	 	84	  	 	 	87	  	 	 	85	  	 	 	84	  	 	 	340	  	
Restricted commercial mortgage loans related to securitization entities	  	 	7	  	 	 	8	  	 	 	8	  	 	 	7	  	 	 	9	  	 	 	32	  	
Equity securities	  	 	4	  	 	 	5	  	 	 	4	  	 	 	6	  	 	 	4	  	 	 	19	  	
Other invested assets	  	 	46	  	 	 	37	  	 	 	46	  	 	 	36	  	 	 	43	  	 	 	162	  	
Limited partnerships	  	 	2	  	 	 	12	  	 	 	2	  	 	 	20	  	 	 	10	  	 	 	44	  	
Restricted other invested assets related to securitization entities	  	 	—  	  	 	 	1	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	1	  	
Policy loans	  	 	32	  	 	 	30	  	 	 	31	  	 	 	31	  	 	 	31	  	 	 	123	  	
Cash, cash equivalents and short-term investments	  	 	7	  	 	 	7	  	 	 	8	  	 	 	10	  	 	 	10	  	 	 	35	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Gross investment income before expenses and fees	  	 	838	  	 	 	864	  	 	 	847	  	 	 	867	  	 	 	855	  	 	 	3,433	  	
Expenses and fees	  	 	(24	) 	 	 	(24	) 	 	 	(22	) 	 	 	(21	) 	 	 	(23	) 	 	 	(90	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net investment income	  	$	814	  	 	$	840	  	 	$	825	  	 	$	846	  	 	$	832	  	 	$	3,343	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Annualized Yields	  			 	 				 				 				 				 				
Fixed maturity securities—taxable	  	 	4.7	% 	 	 	4.9	% 	 	 	4.8	% 	 	 	4.9	% 	 	 	4.9	% 	 	 	4.8	% 	
Fixed maturity securities—non-taxable	  	 	2.7	% 	 	 	2.5	% 	 	 	2.4	% 	 	 	3.3	% 	 	 	3.4	% 	 	 	2.9	% 	
Commercial mortgage loans	  	 	5.6	% 	 	 	5.7	% 	 	 	5.9	% 	 	 	5.7	% 	 	 	5.5	% 	 	 	5.7	% 	
Restricted commercial mortgage loans related to securitization entities	  	 	8.4	% 	 	 	9.1	% 	 	 	8.6	% 	 	 	7.6	% 	 	 	9.0	% 	 	 	8.5	% 	
Equity securities	  	 	3.4	% 	 	 	4.1	% 	 	 	3.5	% 	 	 	5.7	% 	 	 	4.1	% 	 	 	4.4	% 	
Other invested assets	  	 	28.3	% 	 	 	18.6	% 	 	 	20.0	% 	 	 	14.0	% 	 	 	15.8	% 	 	 	17.1	% 	
Limited partnerships (1)	  	 	2.4	% 	 	 	14.0	% 	 	 	2.3	% 	 	 	22.6	% 	 	 	11.5	% 	 	 	12.7	% 	
Restricted other invested assets related to securitization entities	  	 	—  	% 	 	 	1.1	% 	 	 	0.2	% 	 	 	0.1	% 	 	 	—  	% 	 	 	0.3	% 	
Policy loans	  	 	8.0	% 	 	 	7.4	% 	 	 	7.6	% 	 	 	7.8	% 	 	 	8.0	% 	 	 	7.7	% 	
Cash, cash equivalents and short-term investments	  	 	0.7	% 	 	 	0.7	% 	 	 	0.8	% 	 	 	0.9	% 	 	 	0.8	% 	 	 	0.8	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Gross investment income before expenses and fees	  	 	4.8	% 	 	 	4.9	% 	 	 	4.9	% 	 	 	5.0	% 	 	 	4.9	% 	 	 	4.9	% 	
Expenses and fees	  	 	-0.1	% 	 	 	-0.1	% 	 	 	-0.2	% 	 	 	-0.1	% 	 	 	-0.1	% 	 	 	-0.1	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net investment income	  	 	4.7	% 	 	 	4.8	% 	 	 	4.7	% 	 	 	4.9	% 	 	 	4.8	% 	 	 	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.	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail
(amounts in millions)

 	  	2013	 	  	2012	 	
 	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Net realized gains (losses) on available-for-sale securities:	  			 	  				 				 				 				 				
Fixed maturity securities:	  			 	  				 				 				 				 				
U.S. corporate	  	$	4	  	  	$	9	  	 	$	5	  	 	$	(1	) 	 	$	8	  	 	$	21	  	
U.S. government, agencies and government-sponsored enterprises	  	 	—  	  	  	 	1	  	 	 	2	  	 	 	2	  	 	 	2	  	 	 	7	  	
Foreign corporate	  	 	1	  	  	 	3	  	 	 	1	  	 	 	1	  	 	 	1	  	 	 	6	  	
Foreign government	  	 	4	  	  	 	3	  	 	 	2	  	 	 	2	  	 	 	1	  	 	 	8	  	
Tax-exempt	  	 	(2	) 	  	 	—  	  	 	 	(1	) 	 	 	1	  	 	 	(1	) 	 	 	(1	) 	
Mortgage-backed securities	  	 	(20	) 	  	 	(5	) 	 	 	(1	) 	 	 	(2	) 	 	 	(2	) 	 	 	(10	) 	
Asset-backed securities	  	 	(8	) 	  	 	(14	) 	 	 	(1	) 	 	 	—  	  	 	 	1	  	 	 	(14	) 	
Equity securities	  	 	3	  	  	 	—  	  	 	 	3	  	 	 	—  	  	 	 	—  	  	 	 	3	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total net realized gains (losses) on available-for-sale securities	  	 	(18	) 	  	 	(3	) 	 	 	10	  	 	 	3	  	 	 	10	  	 	 	20	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Impairments:	  			 	  				 				 				 				 				
Sub-prime residential mortgage-backed securities	  	 	(2	) 	  	 	(6	) 	 	 	(8	) 	 	 	(2	) 	 	 	(2	) 	 	 	(18	) 	
Alt-A residential mortgage-backed securities	  	 	—  	  	  	 	(1	) 	 	 	(4	) 	 	 	(7	) 	 	 	(3	) 	 	 	(15	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total sub-prime and Alt-A residential mortgage-backed securities	  	 	(2	) 	  	 	(7	) 	 	 	(12	) 	 	 	(9	) 	 	 	(5	) 	 	 	(33	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Prime residential mortgage-backed securities	  	 	—  	  	  	 	—  	  	 	 	(1	) 	 	 	(3	) 	 	 	—  	  	 	 	(4	) 	
Other mortgage-backed securities	  	 	—  	  	  	 	(1	) 	 	 	(1	) 	 	 	(1	) 	 	 	(1	) 	 	 	(4	) 	
Commercial mortgage-backed securities	  	 	(1	) 	  	 	(3	) 	 	 	(3	) 	 	 	(3	) 	 	 	(3	) 	 	 	(12	) 	
Corporate fixed maturity securities	  	 	(4	) 	  	 	(3	) 	 	 	—  	  	 	 	(10	) 	 	 	—  	  	 	 	(13	) 	
Limited partnerships	  	 	—  	  	  	 	—  	  	 	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(1	) 	
Commercial mortgage loans	  	 	—  	  	  	 	—  	  	 	 	(2	) 	 	 	—  	  	 	 	(1	) 	 	 	(3	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total impairments	  	 	(7	) 	  	 	(14	) 	 	 	(19	) 	 	 	(27	) 	 	 	(10	) 	 	 	(70	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net unrealized gains (losses) on trading securities	  	 	6	  	  	 	—  	  	 	 	9	  	 	 	22	  	 	 	(17	) 	 	 	14	  	
Derivative instruments	  	 	(27	) 	  	 	6	  	 	 	(2	) 	 	 	(18	) 	 	 	17	  	 	 	3	  	
Commercial mortgage loans held-for-sale market valuation allowance	  	 	1	  	  	 	(2	) 	 	 	1	  	 	 	1	  	 	 	2	  	 	 	2	  	
Contingent purchase price valuation change	  	 	1	  	  	 	1	  	 	 	(6	) 	 	 	1	  	 	 	—  	  	 	 	(4	) 	
Net gains (losses) related to securitization entities	  	 	6	  	  	 	21	  	 	 	12	  	 	 	(3	) 	 	 	22	  	 	 	52	  	
Other	  	 	(1	) 	  	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	 	 	—  	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net investment gains (losses), net of taxes	  	 	(39	) 	  	 	9	  	 	 	5	  	 	 	(21	) 	 	 	24	  	 	 	17	  	
Adjustment for DAC and other intangible amortization and certain benefit reserves, net of taxes	  	 	12	  	  	 	(7	) 	 	 	(6	) 	 	 	3	  	 	 	(5	) 	 	 	(15	) 	
Adjustment for net investment (gains) losses attributable to noncontrolling interests, net of taxes	  	 	(1	) 	  	 	—  	  	 	 	(1	) 	 	 	—  	  	 	 	(2	) 	 	 	(3	) 	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net investment gains (losses), net of taxes and other adjustments	  	$	(28	) 	  	$	2	  	 	$	(2	) 	 	$	(18	) 	 	$	17	  	 	$	(1	) 	

 
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 Reconciliations of Non-GAAP Measures
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Reconciliation of Operating ROE
(amounts in millions)

Twelve Month Rolling Average ROE	  	Twelve months ended	 	
 	  	March 31,
2013	 	 	December 31,
2012	 	 	September 30,
2012	 	 	June 30,
2012	 	 	March 31,
2012	 	
GAAP Basis ROE	  				 				 				 				 				
Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the twelve months ended (1)	  	$	382	  	 	$	325	  	 	$	298	  	 	$	245	  	 	$	27	  	
Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) (2)	  	$	11,200	  	 	$	11,115	  	 	$	11,022	  	 	$	10,958	  	 	$	10,929	  	
GAAP Basis ROE (1) divided by (2)	  	 	3.4	% 	 	 	2.9	% 	 	 	2.7	% 	 	 	2.2	% 	 	 	0.2	% 	
						
Operating ROE	  				 				 				 				 				
Net operating income (loss) for the twelve months ended (1)	  	$	489	  	 	$	355	  	 	$	305	  	 	$	241	  	 	$	40	  	
Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) (2)	  	$	11,200	  	 	$	11,115	  	 	$	11,022	  	 	$	10,958	  	 	$	10,929	  	
Operating ROE (1) divided by (2)	  	 	4.4	% 	 	 	3.2	% 	 	 	2.8	% 	 	 	2.2	% 	 	 	0.4	% 	
		
Quarterly Average ROE	  	Three months ended	 	
 	  	March 31,
2013	 	 	December 31,
2012	 	 	September 30,
2012	 	 	June 30,
2012	 	 	March 31,
2012	 	
GAAP Basis ROE	  				 				 				 				 				
Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the period ended (3)	  	$	103	  	 	$	168	  	 	$	35	  	 	$	76	  	 	$	46	  	
Average Genworth Financial, Inc.'s stockholders' equity for the period, excluding accumulated other comprehensive income (loss) (4)	  	$	11,345	  	 	$	11,225	  	 	$	11,138	  	 	$	11,076	  	 	$	11,005	  	
Annualized GAAP Quarterly Basis ROE (3) divided by (4)	  	 	3.6	% 	 	 	6.0	% 	 	 	1.3	% 	 	 	2.7	% 	 	 	1.7	% 	
						
Operating ROE	  				 				 				 				 				
Net operating income (loss) for the period ended (3)	  	$	151	  	 	$	160	  	 	$	111	  	 	$	67	  	 	$	17	  	
Quarterly average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding accumulated other comprehensive income (loss) (4)	  	$	11,345	  	 	$	11,225	  	 	$	11,138	  	 	$	11,076	  	 	$	11,005	  	
Annualized Operating Quarterly Basis ROE (3) divided by (4)	  	 	5.3	% 	 	 	5.7	% 	 	 	4.0	% 	 	 	2.4	% 	 	 	0.6	% 	
Non-GAAP Definition for Operating ROE
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 8 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), but including equity related to discontinued operations 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 8 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).	
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Reconciliation of Expense Ratio
(amounts in millions)

 	 	 	  	2013	 	 	2012	 	
 	 	 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
GAAP Basis Expense Ratio	 		  			 	 				 				 				 				 				
Acquisition and operating expenses, net of deferrals (1)	 		  	$	433	  	 	$	272	  	 	$	443	  	 	$	439	  	 	$	440	  	 	$	1,594	  	
Total revenues (2)	 		  	$	2,303	  	 	$	2,467	  	 	$	2,456	  	 	$	2,402	  	 	$	2,315	  	 	$	9,640	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Expense ratio (1) divided by (2)	 		  	 	18.8	% 	 	 	11.0	% 	 	 	18.0	% 	 	 	18.3	% 	 	 	19.0	% 	 	 	16.5	% 	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
GAAP Basis, As Adjusted—Expense Ratio	 		  			 	 				 				 				 				 				
Acquisition and operating expenses, net of deferrals	 		  	$	433	  	 	$	272	  	 	$	443	  	 	$	439	  	 	$	440	  	 	$	1,594	  	
Less lifestyle protection insurance business	 		  	 	110	  	 	 	113	  	 	 	117	  	 	 	126	  	 	 	127	  	 	 	483	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Adjusted acquisition and operating expenses, net of deferrals (3)	 		  	$	323	  	 	$	159	  	 	$	326	  	 	$	313	  	 	$	313	  	 	$	1,111	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenues	 		  	$	2,303	  	 	$	2,467	  	 	$	2,456	  	 	$	2,402	  	 	$	2,315	  	 	$	9,640	  	
Less lifestyle protection insurance business	 		  	 	205	  	 	 	195	  	 	 	198	  	 	 	211	  	 	 	218	  	 	 	822	  	
Less net investment gains (losses)	 		  	 	(67	) 	 	 	11	  	 	 	8	  	 	 	(34	) 	 	 	36	  	 	 	21	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Adjusted total revenues (4)	 		  	$	2,165	  	 	$	2,261	  	 	$	2,250	  	 	$	2,225	  	 	$	2,061	  	 	$	8,797	  	
	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Adjusted expense ratio (3) divided by (4)	 		  	 	14.9	% 	 	 	7.0	% 	 	 	14.5	% 	 	 	14.1	% 	 	 	15.2	% 	 	 	12.6	% 	

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 business. The lifestyle protection insurance business is 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.
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 Reconciliation of Core Premiums
(amounts in millions)

 	  	2013	 	 	2012	 	
 	  	1Q	 	 	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
Reported premiums	  	$	1,261	  	 	$	1,320	  	 	$	1,313	  	 	$	1,302	  	 	$	1,106	  	 	$	5,041	  	
Less U.S. Life Insurance—fixed annuities premiums	  	 	13	  	 	 	30	  	 	 	26	  	 	 	15	  	 	 	33	  	 	 	104	  	
Less impact of changes in foreign exchange rates	  	 	6	  	 	 	(2	) 	 	 	(34	) 	 	 	(23	) 	 	 	(3	) 	 	 	(62	) 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Core premiums	  	$	1,242	  	 	$	1,292	  	 	$	1,321	  	 	$	1,310	  	 	$	1,076	  	 	$	4,999	  	

Reported premium percentage change from prior year	  	 	14.0	% 	 	 	-2.2	% 	 	 	-10.0	% 	 	 	-9.9	% 	 	 	-22.9	% 	 	 	-11.4	% 	
Core premium percentage change from prior year	  	 	15.4	% 	 	 	-1.4	% 	 	 	-4.5	% 	 	 	-5.1	% 	 	 	-23.4	% 	 	 	-8.7	% 	
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
FIRST QUARTER 2013
 
 Reconciliation of Core Yield

 	 	 	  	2013	 	  	2012	 	
   	 	(Assets—amounts in billions)	  	1Q	 	  	4Q	 	 	3Q	 	 	2Q	 	 	1Q	 	 	Total	 	
	 	Reported—Total Invested Assets and Cash	  	$	76.5	  	  	$	78.0	  	 	$	78.6	  	 	$	76.8	  	 	$	74.5	  	 	$	78.0	  	
	 	Subtract:	  			 	  				 				 				 				 				
	 	Securities lending	  	 	0.2	  	  	 	0.2	  	 	 	0.2	  	 	 	0.2	  	 	 	0.1	  	 	 	0.2	  	
	 	Unrealized gains (losses)	  	 	6.7	  	  	 	7.2	  	 	 	7.3	  	 	 	6.4	  	 	 	4.1	  	 	 	7.2	  	
	 	Derivative counterparty collateral	  	 	0.6	  	  	 	0.8	  	 	 	1.0	  	 	 	1.2	  	 	 	0.6	  	 	 	0.8	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	Adjusted end of period invested assets	  	$	69.0	  	  	$	69.8	  	 	$	70.1	  	 	$	69.0	  	 	$	69.7	  	 	$	69.8	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(A)	 	Average Invested Assets Used in Reported Yield Calculation	  	$	69.4	  	  	$	70.0	  	 	$	69.6	  	 	$	69.4	  	 	$	69.8	  	 	$	69.7	  	
	 	Subtract:	  			 	  				 				 				 				 				
	 	Restricted commercial mortgage loans and other invested assets related to securitization entities	  	 	0.3	  	  	 	0.3	  	 	 	0.4	  	 	 	0.3	  	 	 	0.4	  	 	 	0.4	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(B)	 	Average Invested Assets Used in Core Yield Calculation	  	 	69.1	  	  	 	69.7	  	 	 	69.2	  	 	 	69.1	  	 	 	69.4	  	 	 	69.3	  	
	 	Subtract:	  			 	  				 				 				 				 				
	 	Portfolios supporting floating products and non-recourse funding obligations (1)	  	 	5.7	  	  	 	6.2	  	 	 	6.6	  	 	 	6.8	  	 	 	7.5	  	 	 	6.8	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(C)	 	Average Invested Assets Used in Core Yield (excl. Floating and Non-Recourse Funding) Calculation	  	$	63.4	  	  	$	63.5	  	 	$	62.6	  	 	$	62.3	  	 	$	61.9	  	 	$	62.5	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	(Income—amounts in millions)	  			 	  				 				 				 				 				
(D)	 	Reported—Net Investment Income	  	$	814	  	  	$	840	  	 	$	825	  	 	$	846	  	 	$	832	  	 	$	3,343	  	
	 	Subtract:	  			 	  				 				 				 				 				
	 	Bond calls and commercial mortgage loan prepayments	  	 	10	  	  	 	13	  	 	 	14	  	 	 	4	  	 	 	5	  	 	 	36	  	
	 	Reinsurance (2)	  	 	22	  	  	 	16	  	 	 	19	  	 	 	24	  	 	 	22	  	 	 	81	  	
	 	Other non-core items (3)	  	 	2	  	  	 	13	  	 	 	3	  	 	 	8	  	 	 	4	  	 	 	28	  	
	 	Restricted commercial mortgage loans and other invested assets related to securitization entities	  	 	4	  	  	 	5	  	 	 	6	  	 	 	5	  	 	 	5	  	 	 	21	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(E)	 	Core Net Investment Income	  	 	776	  	  	 	793	  	 	 	783	  	 	 	805	  	 	 	796	  	 	 	3,177	  	
	 	Subtract:	  			 	  				 				 				 				 				
	 	Investment income from portfolios supporting floating products and non-recourse funding obligations (1)	  	 	25	  	  	 	31	  	 	 	29	  	 	 	30	  	 	 	33	  	 	 	123	  	
	 		  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
(F)	 	Core Net Investment Income (excl. Floating and Non-Recourse Funding)	  	$	751	  	  	$	762	  	 	$	754	  	 	$	775	  	 	$	763	  	 	$	3,054	  	

(D) / (A)	 	Reported Yield	  	 	4.69	% 	  	 	4.80	% 	 	 	4.74	% 	 	 	4.88	% 	 	 	4.77	% 	 	 	4.80	% 	
(E) / (B)	 	Core Yield	  	 	4.49	% 	  	 	4.55	% 	 	 	4.53	% 	 	 	4.66	% 	 	 	4.59	% 	 	 	4.58	% 	
(F) / (C)	 	Core Yield (excl. Floating and Non-Recourse Funding)	  	 	4.74	% 	  	 	4.80	% 	 	 	4.82	% 	 	 	4.98	% 	 	 	4.93	% 	 	 	4.88	% 	
 
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
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
 
 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) and A.M. Best Company, Inc. (A.M. Best) as follows:

Company	  	S&P	  	Moody’s	  	A.M. Best	
Genworth Life Insurance Company	  	A-	  	A3	  	A	
Genworth Life Insurance Company (short-term rating)	  	A2	  	P-2	  	Not rated	
Genworth Life and Annuity Insurance Company	  	A-	  	A3	  	A	
Genworth Life and Annuity Insurance Company (short-term rating)	  	A2	  	P-2	  	Not rated	
Genworth Life Insurance Company of New York	  	A-	  	A3	  	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	  	Ba2	  		
Genworth Residential Mortgage Insurance Corporation of NC	  	B	  	Ba2	  		
Genworth Financial Mortgage Insurance Pty. Limited (Australia)	  	AA-	  	A3	  		
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. (2)	  	mxAA-	  	Aa3.mx	  		

(1)  	Genworth Financial Mortgage Insurance Company Canada is also rated “AA” by Dominion Bond Rating Service (DBRS).	
(2)  	Genworth Seguros de Credito a la Vivienda S.A. de C.V. is also rated “BB+” by S&P and “Baa3” by Moody’s on a Global Scale Insurance financial strength basis.	
The S&P, Moody’s, A.M. Best 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.
 
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GENWORTH FINANCIAL, INC.
FINANCIAL SUPPLEMENT
FIRST QUARTER 2013
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-,” “BBB-” and “B” ratings are the fourth-, seventh-, tenth- and fifteenth-highest of S&P's 21 ratings categories. The short-term rating “A-2” is the second highest of S&P's six short-term ratings and shows the obligor's capacity to meet its financial commitments is satisfactory. 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 that insurance companies 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 “A3” and “Ba2” ratings are the seventh- and twelfth-highest, respectively, of Moody’s 21 ratings categories. The short-term rating “P-2” is the second highest rating and shows strong 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.”
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 vulnerable to future events. Credit quality differs from “AAA” only to a small degree.
S&P, Moody’s, A.M. Best 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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