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Genworth Australia Reaffirms Outlook

10/09/15

RICHMOND, Va., Oct. 9, 2015 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today announced that its majority owned subsidiary, Genworth Mortgage Insurance Australia Limited, reaffirmed its 2015 full year financial outlook in conjunction with its announcement of the retirement of its CEO and Managing Director, Ms. Ellen Comerford.

About Genworth Financial 
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company committed to helping families become more financially secure, self-reliant and prepared for the future. Genworth has leadership positions in mortgage insurance and long term care insurance and product offerings in life insurance and fixed annuities that assist consumers in solving their home ownership, insurance and retirement needs. To help families start "the talk" about their futures and long term care planning, Genworth recently completed the first stage of its national #LetsTalk Tour to encourage conversations and information sharing. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com.

From time to time, Genworth 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. From time to time, Genworth's publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage Insurance Australia Limited, separately release financial and other information about their operations. This information can be found at http://genworth.ca and http://www.genworth.com.au.

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 future financial results of Genworth Mortgage Insurance Australia Limited.  Forward-looking statements are based on management's current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict.  Actual outcomes and results may differ materially due to global political, economic, business, competitive, market, regulatory and other factors and risks, including the items identified under "Part I—Item 1A—Risk Factors" of our Annual Report on Form 10-K for the year ended December 31, 2014, filed with the Securities and Exchange Commission (SEC) on March 2, 2015 and as updated in Genworth's quarterly reports on Form 10-Q filed with the SEC on April 29, 2015 and August 5, 2015.

The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/genworth-australia-reaffirms-outlook-300157185.html

SOURCE Genworth Financial, Inc.

Investors & Media: Amy Corbin, 804 662.2685, amy.corbin@genworth.com

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