Exhibit 99.2

Exhibit 99.2

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GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT


Table of Contents		Page
Use of Non-GAAP Measures and Selected Operating Performance Measures		3
Financial Highlights		4

*First Quarter Results*
Net Income		6
Net Operating Income by Segment		7
Consolidated Net Income by Quarter		8
Net Operating Income by Segment by Quarter		9
Consolidated Balance Sheets		10-11
Consolidated Balance Sheets by Segment		12-13
Deferred Acquisition Costs Rollforward		14

*Quarterly Results by Segment*
Net Operating Income by Segment		16-17
Net Operating Income and Sales—Retirement and Protection		18-30
Net Operating Income and Sales—International		31-40
Net Operating Income and Sales—U.S. Mortgage Insurance		41-49
Net Operating Loss—Corporate and Other		50-51

*Additional Financial Data*
Investments Summary		53
Fixed Maturities Summary		54
Additional Information on Mortgage-backed and Asset-backed Securities Collateralized by Sub-prime Residential Mortgage Loans		55
Additional Information on Mortgage-backed and Asset-backed Securities Collateralized by Alt-A Residential Mortgage Loans		56
Additional Information on Commercial Mortgage-backed Securities		57
Commercial Mortgage Loans Summary		58
General Account GAAP Net Investment Income Yields		59
Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail		60

*Reconciliations of Non-GAAP Measures*
Reconciliation of Operating ROE		62
Reconciliation of Expense Ratio		63
Reconciliation of Core Premiums		64
Reconciliation of Core Yield		65

*Corporate Information*
Industry Ratings		67-68

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Use of Non-GAAP Measures

This financial supplement includes the non-GAAP⁽¹⁾ financial measure entitled “net operating income.” Our chief operating decision maker evaluates segment performance and allocates resources on the basis of net operating income. We define net operating income (loss) as income (loss) from continuing operations excluding after-tax net investment gains (losses) and other adjustments and infrequent or unusual non-operating items. We exclude net investment gains (losses) and infrequent or unusual non-operating items because we do not consider them to be related to the operating performance of our segments and Corporate and Other activities. A significant component of our net investment gains (losses) are the result of credit- related impairments and credit-related gains and losses, the timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) are often subject to our discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Infrequent or unusual non-operating items are also excluded from net operating income if, in our opinion, they are not indicative of overall operating trends. While some of these items may be significant components of net income in accordance with GAAP, we believe that net operating income, and measures that are derived from or incorporate net operating income, are appropriate measures that are useful to investors because they identify the income attributable to the ongoing operations of the business. However, net operating income (loss) is not a substitute for net income determined in accordance with GAAP. In addition, the company’s definition of net operating income may differ from the definitions used by other companies. The table on page 7 of this report reflects net operating income (loss) as determined in accordance with Statement of Financial Accounting Standards No. 131, Disclosures about Segments of an Enterprise and Related Information, and a reconciliation of net operating income (loss) of our segments and Corporate and Other activities to net income for the three months ended March 31, 2008 and 2007. This 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 61 through 65 of this financial supplement.

Selected Operating Performance Measures

This financial supplement contains selected operating performance measures including “sales,” “assets under management,” “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 the sales metrics as a measure of volume of new and renewal business generated in a period. Sales refers to (1) annualized first-year premiums for term life insurance, long-term care insurance and Medicare supplement insurance; (2) new and additional premiums/deposits for universal life insurance, linked-benefits, spread-based and variable products; (3) gross flows and net flows, which represent gross flows less redemptions, for our wealth management⁽²⁾ business; (4) written premiums and deposits, gross of ceded reinsurance and cancellations, and premium equivalents, where we earn a fee for administrative services only business, for payment protection insurance; (5) new insurance written for mortgage insurance, which in each case reflects the amount of business the company generated during each period presented; and (6) written premiums, net of cancellations, for our Mexican insurance operations. Sales do not include renewal premiums on policies or contracts written during prior periods.

The company considers annualized first-year premiums, new premiums/deposits, gross and net flows, written premiums, premium equivalents and new insurance written to be measures of the company’s operating performance because they represent measures of new sales of insurance policies or contracts during a specified period, rather than measures of the company’s revenues or profitability during that period.

Management regularly monitors and reports assets under management for our wealth management business, insurance in-force and risk in-force. Assets under management for our wealth management business represent third-party assets under management that are not consolidated in our financial statements. Insurance in-force for our life insurance, international mortgage insurance and U.S. mortgage insurance businesses is a measure of the aggregate face value of outstanding insurance policies as of the respective reporting date. Risk in-force for our international mortgage insurance and U.S. mortgage insurance businesses is a measure that recognizes that the loss on any particular mortgage loan will be reduced by the net proceeds received upon sale of the underlying property. The company considers assets under management for our wealth management business, insurance in-force and risk in-force to be measures of the company’s operating performance because they represent measures of the size of our business at a specific date, rather than measures of the company’s revenues or profitability during that period.

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

(2)	Formerly referred to as Managed Money.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Financial Highlights

(amounts in millions, except per share data)


Balance Sheet Data	2008			2007
	Q1			Q4			Q3			Q2			Q1
Total stockholders’ equity, excluding accumulated other comprehensive income (loss)	$	12,760		$	12,751		$	12,620		$	12,416		$	12,197
Total accumulated other comprehensive income (loss)		(35	)		727			697			550			1,111

Total stockholders’ equity	$	12,725		$	13,478		$	13,317		$	12,966		$	13,308

Book value per common share	$	29.41		$	30.92		$	30.32		$	29.30		$	30.43
Book value per common share, excluding accumulated other comprehensive income (loss)	$	29.49		$	29.25		$	28.73		$	28.05		$	27.89
Common shares outstanding as of balance sheet date		432.7			435.9			439.2			442.6			437.4

	Twelve months ended
Twelve Month Rolling Average ROE	March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007
GAAP Basis ROE		8.1	%		9.8	%		11.5	%		11.3	%		10.9	%
Operating ROE		10.2	%		11.0	%		11.5	%		11.0	%		11.0	%

	Three months ended
Quarterly Average ROE	March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007
GAAP Basis ROE		3.6	%		5.6	%		10.8	%		12.3	%		10.6	%
Operating ROE		7.7	%		9.9	%		11.8	%		11.4	%		11.2	%

See page 62 herein for a reconciliation of GAAP Basis ROE to Operating ROE.

Basic and Diluted Shares	Three months ended March 31, 2008
Weighted-average shares used in basic earnings per common share calculations		433.6
Potentially dilutive securities:
Stock options, restricted stock units and stock appreciation rights		3.2

Weighted-average shares used in diluted earnings per common share calculations		436.8

First Quarter Results

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Income

(amounts in millions)


	Three months ended March 31,
	2008			2007
REVENUES:
Premiums	$	1,717		$	1,511
Net investment income		1,002			984
Net investment gains (losses)		(226	)		(19	)
Insurance and investment product fees and other		260			234

Total revenues		2,753			2,710

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,401			1,067
Interest credited		345			385
Acquisition and operating expenses, net of deferrals		528			489
Amortization of deferred acquisition costs and intangibles		203			213
Interest expense		112			107

Total benefits and expenses		2,589			2,261

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		164			449
Provision for income taxes		48			135
Effective tax rate		29.3	%		30.1	%

INCOME FROM CONTINUING OPERATIONS		116			314
Income from discontinued operations, net of taxes		—			10

NET INCOME	$	116		$	324

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment

(amounts in millions, except per share amounts)


	Three months ended March 31,
	2008			2007
Retirement and Protection:
Wealth Management⁽¹⁾	$	12		$	10
Retirement Income		36			46
Institutional		11			14
Life Insurance		65			78
Long-Term Care Insurance		38			37

Total Retirement and Protection		162			185
International:
International Mortgage Insurance—Canada		75			55
—Australia		47			36
—Other		—			3
Payment Protection Insurance		38			29

Total International		160			123
U.S. Mortgage Insurance		(36	)		65
Corporate and Other		(42	)		(33	)

NET OPERATING INCOME⁽²⁾		244			340
ADJUSTMENTS TO NET OPERATING INCOME:
Income from discontinued operations, net of taxes		—			10
Net investment gains (losses), net of taxes and other adjustments⁽³⁾		(128	)		(12	)
Expenses related to reorganization, net of taxes		—			(14	)

NET INCOME	$	116		$	324

Earnings Per Share Data:
Earnings per common share
Basic	$	0.27		$	0.74
Diluted	$	0.27		$	0.71
Net operating earnings per common share
Basic	$	0.56		$	0.77
Diluted	$	0.56		$	0.75
Shares outstanding
Basic		433.6			441.0
Diluted		436.8			455.0

⁽¹⁾	Formerly referred to as Managed Money.

⁽²⁾

Represents income or loss of our operating segments: Retirement and Protection, International and U.S. Mortgage Insurance, as well as our Corporate and Other activities. The separate financial information of each segment is presented consistently with the manner in which our chief operating decision maker evaluates segment performance and allocates resources in accordance with Statement of Financial Accounting Standards No. 131, Disclosures about Segments of an Enterprise and Related Information. See Use of Non-GAAP measures for additional information.

⁽³⁾	See page 60 for details on first quarter 2008 net investment gains (losses), net of taxes and other adjustments.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Consolidated Net Income by Quarter

(amounts in millions, except per share amounts)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	1,717		$	1,670		$	1,600		$	1,549		$	1,511		$	6,330
Net investment income		1,002			1,053			1,074			1,024			984			4,135
Net investment gains (losses)		(226	)		(214	)		(48	)		(51	)		(19	)		(332	)
Insurance and investment product fees and other		260			266			249			243			234			992

Total revenues		2,753			2,775			2,875			2,765			2,710			11,125

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,401			1,255			1,168			1,090			1,067			4,580
Interest credited		345			385			391			391			385			1,552
Acquisition and operating expenses, net of deferrals		528			551			540			495			489			2,075
Amortization of deferred acquisition costs and intangibles		203			209			202			207			213			831
Interest expense		112			126			124			124			107			481

Total benefits and expenses		2,589			2,526			2,425			2,307			2,261			9,519

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		164			249			450			458			449			1,606
Provision for income taxes		48			69			111			137			135			452

INCOME FROM CONTINUING OPERATIONS		116			180			339			321			314			1,154
Income from discontinued operations, net of taxes		—			—			—			5			10			15
Gain (loss) on sale of discontinued operations, net of taxes		—			(2	)		—			53			—			51

NET INCOME	$	116		$	178		$	339		$	379		$	324		$	1,220


Earnings Per Share Data:
Earnings from continuing operations per common share
Basic	$	0.27		$	0.41		$	0.77		$	0.73		$	0.71		$	2.62
Diluted	$	0.27		$	0.41		$	0.76		$	0.72		$	0.69		$	2.58
Earnings per common share
Basic	$	0.27		$	0.41		$	0.77		$	0.86		$	0.74		$	2.77
Diluted	$	0.27		$	0.40		$	0.76		$	0.84		$	0.71		$	2.73
Shares outstanding
Basic		433.6			437.4			441.1			439.4			441.0			439.7
Diluted		436.8			441.1			445.6			449.0			455.0			447.6

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment by Quarter

(amounts in millions, except per share amounts)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
Retirement and Protection:
Wealth Management	$	12		$	12		$	11		$	11		$	10		$	44
Retirement Income		36			41			82			43			46			212
Institutional		11			9			10			10			14			43
Life Insurance		65			76			81			75			78			310
Long-Term Care Insurance		38			36			39			41			37			153

Total Retirement and Protection		162			174			223			180			185			762
International:
International Mortgage Insurance—Canada		75			88			68			59			55			270
—Australia		47			40			36			44			36			156
—Other		—			16			6			4			3			29
Payment Protection Insurance		38			36			30			35			29			130

Total International		160			180			140			142			123			585
U.S. Mortgage Insurance		(36	)		(3	)		39			66			65			167
Corporate and Other		(42	)		(37	)		(34	)		(37	)		(33	)		(141	)

NET OPERATING INCOME		244			314			368			351			340			1,373
ADJUSTMENTS TO NET OPERATING INCOME:
Income from discontinued operations, net of taxes		—			—			—			5			10			15
Gain (loss) on sale of discontinued operations, net of taxes		—			(2	)		—			53			—			51
Net investment gains (losses), net of taxes and other adjustments		(128	)		(134	)		(29	)		(30	)		(12	)		(205	)
Expenses related to reorganization, net of taxes		—			—			—			—			(14	)		(14	)

NET INCOME	$	116		$	178		$	339		$	379		$	324		$	1,220


Earnings Per Share Data:
Earnings per common share
Basic	$	0.27		$	0.41		$	0.77		$	0.86		$	0.74		$	2.77
Diluted	$	0.27		$	0.40		$	0.76		$	0.84		$	0.71		$	2.73
Net operating earnings per common share
Basic	$	0.56		$	0.72		$	0.83		$	0.80		$	0.77		$	3.12
Diluted	$	0.56		$	0.71		$	0.83		$	0.78		$	0.75		$	3.07
Shares outstanding
Basic		433.6			437.4			441.1			439.4			441.0			439.7
Diluted		436.8			441.1			445.6			449.0			455.0			447.6

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Consolidated Balance Sheets

(amounts in millions)


	March 31, 2008		December 31, 2007		September 30, 2007		June 30, 2007		March 31, 2007
ASSETS
Investments:
Fixed maturity securities available-for-sale, at fair value	$	53,031	$	55,154	$	55,775	$	55,567	$	55,113
Equity securities available-for-sale, at fair value		394		366		247		201		200
Commercial mortgage loans		8,822		8,953		8,839		8,798		8,508
Policy loans		1,654		1,651		1,650		1,635		1,494
Other invested assets		5,603		4,676		3,803		3,445		3,762

Total investments		69,504		70,800		70,314		69,646		69,077
Cash and cash equivalents		3,768		3,091		3,146		2,956		2,250
Accrued investment income		863		773		803		697		810
Deferred acquisition costs		7,330		7,034		6,842		6,677		6,320
Intangible assets		959		914		845		845		802
Goodwill		1,609		1,600		1,605		1,601		1,604
Reinsurance recoverable		16,498		16,483		16,573		16,658		16,746
Other assets		912		822		1,015		880		808
Separate account assets		12,151		12,798		12,615		11,976		11,216
Assets associated with discontinued operations		—		—		—		—		1,925

Total assets	$	113,594	$	114,315	$	113,758	$	111,936	$	111,558

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Consolidated Balance Sheets

(amounts in millions)


	March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	27,174		$	26,740		$	26,380		$	26,025		$	25,617
Policyholder account balances		36,764			36,913			37,487			38,188			38,014
Liability for policy and contract claims		4,011			3,693			3,473			3,286			3,216
Unearned premiums		5,653			5,631			5,511			5,073			4,422
Other liabilities		6,671			6,255			6,209			5,766			5,923
Non-recourse funding obligations		3,455			3,455			3,455			3,555			2,765
Short-term borrowings		200			200			326			199			250
Long-term borrowings		3,966			3,903			3,889			3,855			4,032
Deferred tax liability		824			1,249			1,096			1,047			1,384
Separate account liabilities		12,151			12,798			12,615			11,976			11,216
Liabilities associated with discontinued operations		—			—			—			—			1,411

Total liabilities		100,869			100,837			100,441			98,970			98,250

Stockholders’ equity:
Common stock		1			1			1			1			—
Additional paid-in capital		11,473			11,461			11,440			11,429			10,785

Accumulated other comprehensive income (loss):
Net unrealized investment gains (losses)		(1,479	)		(526	)		(353	)		(181	)		418
Derivatives qualifying as hedges		620			473			285			159			309
Foreign currency translation and other adjustments		824			780			765			572			384

Total accumulated other comprehensive income (loss)		(35	)		727			697			550			1,111
Retained earnings		3,986			3,913			3,779			3,484			3,145
Treasury stock, at cost		(2,700	)		(2,624	)		(2,600	)		(2,498	)		(1,733	)

Total stockholders’ equity		12,725			13,478			13,317			12,966			13,308

Total liabilities and stockholders’ equity	$	113,594		$	114,315		$	113,758		$	111,936		$	111,558

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet by Segment

(amounts in millions)


	March 31, 2008
	Retirement and Protection			International		U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
ASSETS
Cash and investments	$	56,360		$	10,749	$	3,109		$	3,917		$	74,135
Deferred acquisition costs and intangible assets		8,532			1,184		96			86			9,898
Reinsurance recoverable		16,378			94		26			—			16,498
Other assets		235			314		105			258			912
Separate account assets		12,151			—		—			—			12,151

Total assets	$	93,656		$	12,341	$	3,336		$	4,261		$	113,594

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	27,174		$	—	$	—		$	—		$	27,174
Policyholder account balances		36,727			37		—			—			36,764
Liability for policy and contract claims		2,748			599		661			3			4,011
Unearned premiums		537			5,031		85			—			5,653
Non-recourse funding obligations		3,555			—		—			(100	)		3,455
Deferred tax and other liabilities		2,845			1,962		41			2,647			7,495
Borrowing and capital securities		—			—		—			4,166			4,166
Separate account liabilities		12,151			—		—			—			12,151

Total liabilities		85,737			7,629		787			6,716			100,869

Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income (loss)		8,627			3,884		2,575			(2,326	)		12,760
Allocated accumulated other comprehensive income (loss)		(708	)		828		(26	)		(129	)		(35	)

Total stockholders’ equity		7,919			4,712		2,549			(2,455	)		12,725

Total liabilities and stockholders’ equity	$	93,656		$	12,341	$	3,336		$	4,261		$	113,594

⁽¹⁾	Includes inter-segment eliminations.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet by Segment

(amounts in millions)


	December 31, 2007
	Retirement and Protection			International		U.S. Mortgage Insurance		Corporate and Other⁽¹⁾			Total
ASSETS
Cash and investments	$	56,710		$	10,430	$	3,077	$	4,447		$	74,664
Deferred acquisition costs and intangible assets		8,212			1,155		94		87			9,548
Reinsurance recoverable		16,389			87		7		—			16,483
Other assets		251			220		108		243			822
Separate account assets		12,798			—		—		—			12,798

Total assets	$	94,360		$	11,892	$	3,286	$	4,777		$	114,315

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	26,740		$	—	$	—	$	—		$	26,740
Policyholder account balances		36,877			36		—		—			36,913
Liability for policy and contract claims		2,686			537		467		3			3,693
Unearned premiums		545			5,020		65		1			5,631
Non-recourse funding obligations		3,555			—		—		(100	)		3,455
Deferred tax and other liabilities		2,975			1,835		111		2,583			7,504
Borrowing and capital securities		—			—		—		4,103			4,103
Separate account liabilities		12,798			—		—		—			12,798

Total liabilities		86,176			7,428		643		6,590			100,837

Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income (loss)		8,344			3,715		2,613		(1,921	)		12,751
Allocated accumulated other comprehensive income (loss)		(160	)		749		30		108			727

Total stockholders’ equity		8,184			4,464		2,643		(1,813	)		13,478

Total liabilities and stockholders’ equity	$	94,360		$	11,892	$	3,286	$	4,777		$	114,315

⁽¹⁾	Includes inter-segment eliminations.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Deferred Acquisition Costs Rollforward

(amounts in millions)


Deferred Acquisition Costs Rollforward	Retirement and Protection			International			U.S. Mortgage Insurance			Corporate and Other		Total
Unamortized balance as of December 31, 2007	$	5,875		$	992		$	66		$	—	$	6,933
Costs deferred		234			99			10			—		343
Amortization, net of interest accretion⁽¹⁾		(69	)		(119	)		(9	)		—		(197	)
Impact of foreign currency translation		—			42			—			—		42

Unamortized balance as of March 31, 2008		6,040			1,014			67			—		7,121
Effect of accumulated net unrealized investment gains (losses)		209			—			—			—		209

Balance as of March 31, 2008	$	6,249		$	1,014		$	67		$	—	$	7,330

⁽¹⁾	Amortization, net of interest accretion, includes $(27) million of amortization related to net investment gains (losses) for our policyholder account balances.

Quarterly Results by Segment

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment

(amounts in millions)


	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other⁽²⁾
Three Months Ended March 31, 2008	Wealth Management			Retirement Income			Institutional			Life Insurance			Long-Term Care Insurance			Total			Mortgage Insurance - Canada			Mortgage Insurance - Australia			Other Mortgage Insurance			Payment Protection Insurance			Total			U.S. Mortgage Insurance			Corporate and Other⁽²⁾			Total
REVENUES:
Premiums	$	—		$	167		$	—		$	242		$	511		$	920		$	133		$	86		$	28		$	362		$	609		$	183		$	5		$	1,717
Net investment income		1			302			135			153			216			807			48			35			9			46			138			37			20			1,002
Net investment gains (losses)		—			(93	)		(59	)		(26	)		(32	)		(210	)		(6	)		(1	)		—			—			(7	)		1			(10	)		(226	)
Insurance and investment product fees and other		86			54			—			93			6			239			—			—			1			10			11			8			2			260

Total revenues		87			430			76			462			701			1,756			175			120			38			418			751			229			17			2,753

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			252			—			205			522			979			35			35			21			72			163			259			—			1,401
Interest credited		—			128			115			61			41			345			—			—			—			—			—			—			—			345
Acquisition and operating expenses, net of deferrals		67			38			2			37			83			227			22			19			17			200			258			37			6			528
Amortization of deferred acquisition costs and intangibles		1			23			1			35			29			89			8			7			1			87			103			9			2			203
Interest expense		—			1			—			46			—			47			1			—			—			6			7			—			58			112

Total benefits and expenses		68			442			118			384			675			1,687			66			61			39			365			531			305			66			2,589

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		19			(12	)		(42	)		78			26			69			109			59			(1	)		53			220			(76	)		(49	)		164
Provision (benefit) for income taxes		7			(6	)		(14	)		29			9			25			38			12			(1	)		15			64			(41	)		—			48

INCOME (LOSS) FROM CONTINUING OPERATIONS		12			(6	)		(28	)		49			17			44			71			47			—			38			156			(35	)		(49	)		116
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			42			39			16			21			118			4			—			—			—			4			(1	)		7			128

NET OPERATING INCOME (LOSS)	$	12		$	36		$	11		$	65		$	38		$	162		$	75		$	47		$	—		$	38		$	160		$	(36	)	$	(42	)	$	244


Effective tax rate (operating income)⁽¹⁾		36.8	%		31.4	%		34.0	%		36.9	%		34.9	%		35.1	%		35.0	%		20.9	%		154.3	%		28.2	%		29.5	%		53.9	%					32.3	%

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

⁽²⁾	Includes inter-segment eliminations.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment

(amounts in millions)


	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other⁽¹⁾
Three Months Ended March 31, 2007	Wealth Management			Retirement Income			Institutional			Life Insurance			Long-Term Care Insurance			Total			Mortgage Insurance - Canada			Mortgage Insurance - Australia			Other Mortgage Insurance			Payment Protection Insurance			Total			U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
REVENUES:
Premiums	$	—		$	154		$	—		$	235		$	485		$	874		$	83		$	68		$	22		$	320		$	493		$	137		$	7		$	1,511
Net investment income		1			324			166			157			196			844			29			22			5			32			88			37			15			984
Net investment gains (losses)		—			(9	)		(5	)		—			(5	)		(19	)		—			—			—			—			—			—			—			(19	)
Insurance and investment product fees and other		75			44			—			93			7			219			—			1			—			5			6			7			2			234

Total revenues		76			513			161			485			683			1,918			112			91			27			357			587			181			24			2,710

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			232			—			196			480			908			13			31			5			58			107			52			—			1,067
Interest credited		—			145			141			60			39			385			—			—			—			—			—			—			—			385
Acquisition and operating expenses, net of deferrals		60			34			3			31			84			212			13			12			18			181			224			32			21			489
Amortization of deferred acquisition costs and intangibles		—			45			—			32			27			104			4			5			1			77			87			8			14			213
Interest expense		—			1			—			42			—			43			1			—			—			3			4			—			60			107

Total benefits and expenses		60			457			144			361			630			1,652			31			48			24			319			422			92			95			2,261

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		16			56			17			124			53			266			81			43			3			38			165			89			(71	)		449
Provision (benefit) for income taxes		6			16			6			46			19			93			26			7			—			9			42			24			(24	)		135

INCOME (LOSS) FROM CONTINUING OPERATIONS		10			40			11			78			34			173			55			36			3			29			123			65			(47	)		314
ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			6			3			—			3			12			—			—			—			—			—			—			—			12
Expenses related to reorganization, net of taxes		—			—			—			—			—			—			—			—			—			—			—			—			14			14

NET OPERATING INCOME (LOSS)	$	10		$	46		$	14		$	78		$	37		$	185		$	55		$	36		$	3		$	29		$	123		$	65		$	(33	)	$	340


Effective tax rate (operating income)		36.4	%		29.6	%		35.5	%		37.1	%		35.9	%		35.0	%		32.6	%		15.5	%		-1.6	%		22.8	%		25.3	%		27.1	%		33.7	%		30.4	%

⁽¹⁾	Includes inter-segment eliminations.

Retirement and Protection

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income—Retirement and Protection

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	920		$	872		$	861		$	887		$	874		$	3,494
Net investment income		807			856			893			860			844			3,453
Net investment gains (losses)		(210	)		(214	)		(38	)		(45	)		(19	)		(316	)
Insurance and investment product fees and other		239			249			233			227			219			928

Total revenues		1,756			1,763			1,949			1,929			1,918			7,559

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		979			929			919			917			908			3,673
Interest credited		345			385			391			391			385			1,552
Acquisition and operating expenses, net of deferrals		227			233			220			222			212			887
Amortization of deferred acquisition costs and intangibles		89			105			96			112			104			417
Interest expense		47			58			59			51			43			211

Total benefits and expenses		1,687			1,710			1,685			1,693			1,652			6,740

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		69			53			264			236			266			819
Provision for income taxes		25			14			64			83			93			254

INCOME FROM CONTINUING OPERATIONS		44			39			200			153			173			565
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		118			135			23			27			12			197

NET OPERATING INCOME	$	162		$	174		$	223		$	180		$	185		$	762


Effective tax rate (operating income)		35.1	%		32.9	%		25.7	%		35.0	%		35.0	%		32.0	%

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income, Sales and Assets Under Management—Wealth Management

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		1			2			2			1			1			6
Net investment gains (losses)		—			—			—			—			—			—
Insurance and investment product fees and other		86			88			86			81			75			330

Total revenues		87			90			88			82			76			336

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—
Interest credited		—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		67			70			69			65			60			264
Amortization of deferred acquisition costs and intangibles		1			1			1			—			—			2
Interest expense		—			—			—			—			—			—

Total benefits and expenses		68			71			70			65			60			266

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		19			19			18			17			16			70
Provision for income taxes		7			7			7			6			6			26

INCOME FROM CONTINUING OPERATIONS		12			12			11			11			10			44
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			—			—			—			—

NET OPERATING INCOME	$	12		$	12		$	11		$	11		$	10		$	44


Effective tax rate (operating income)		36.8	%		37.5	%		36.6	%		36.6	%		36.4	%		36.8	%

SALES:
Sales by Distribution Channel:
Independent Producers	$	1,105		$	1,217		$	1,382		$	1,427		$	1,400		$	5,426
Dedicated Sales Specialists		175			257			283			332			312			1,184

Total Sales	$	1,280		$	1,474		$	1,665		$	1,759		$	1,712		$	6,610


ASSETS UNDER MANAGEMENT:
Beginning of period	$	21,584		$	21,662		$	20,683		$	18,806		$	17,293		$	17,293
Gross flows		1,280			1,474			1,665			1,759			1,712			6,610
Redemptions		(1,080	)		(797	)		(567	)		(494	)		(431	)		(2,289	)

Net flows		200			677			1,098			1,265			1,281			4,321
Market performance		(1,323	)		(755	)		(119	)		612			232			(30	)

End of period	$	20,461		$	21,584		$	21,662		$	20,683		$	18,806		$	21,584

Wealth Management results represent AssetMark Investment Services, Inc., Genworth Financial Asset Management, Inc., Genworth Financial Advisers Corporation, Genworth Financial Trust Company and Capital Brokerage Corporation.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income—Retirement Income

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	167		$	135		$	118		$	151		$	154		$	558
Net investment income		302			304			323			315			324			1,266
Net investment gains (losses)		(93	)		(55	)		(24	)		(22	)		(9	)		(110	)
Insurance and investment product fees and other		54			55			53			46			44			198

Total revenues		430			439			470			490			513			1,912

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		252			218			198			221			232			869
Interest credited		128			130			134			142			145			551
Acquisition and operating expenses, net of deferrals		38			37			32			37			34			140
Amortization of deferred acquisition costs and intangibles		23			44			44			41			45			174
Interest expense		1			1			2			1			1			5

Total benefits and expenses		442			430			410			442			457			1,739

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(12	)		9			60			48			56			173
Provision (benefit) for income taxes		(6	)		(2	)		(8	)		16			16			22

INCOME (LOSS) FROM CONTINUING OPERATIONS		(6	)		11			68			32			40			151
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		42			30			14			11			6			61

NET OPERATING INCOME	$	36		$	41		$	82		$	43		$	46		$	212


Effective tax rate (operating income)		31.4	%		26.4	%		-0.2	%		33.4	%		29.6	%		20.8	%

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Retirement Income—Fee-Based

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		3			3			3			5			4			15
Net investment gains (losses)		(35	)		(9	)		(9	)		1			—			(17	)
Insurance and investment product fees and other		51			51			48			41			38			178

Total revenues		19			45			42			47			42			176

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		5			4			4			(1	)		4			11
Interest credited		4			4			3			4			4			15
Acquisition and operating expenses, net of deferrals		13			13			10			12			10			45
Amortization of deferred acquisition costs and intangibles		4			14			10			7			7			38
Interest expense		—			—			—			—			—			—

Total benefits and expenses		26			35			27			22			25			109

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(7	)		10			15			25			17			67
Provision (benefit) for income taxes		(4	)		(1	)		(19	)		7			2			(11	)

INCOME (LOSS) FROM CONTINUING OPERATIONS		(3	)		11			34			18			15			78
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		13			6			6			(1	)		—			11

NET OPERATING INCOME	$	10		$	17		$	40		$	17		$	15		$	89


Effective tax rate (operating income)		21.9	%		12.1	%		-65.7	%		28.7	%		10.9	%		-5.5	%

SALES:
Sales by Product:
Income Distribution Series⁽¹⁾	$	586		$	606		$	528		$	472		$	409		$	2,015
Traditional Variable Annuities		113			151			136			153			134			574
Variable Life		1			3			1			3			1			8

Total Sales	$	700		$	760		$	665		$	628		$	544		$	2,597

Sales by Distribution Channel:
Financial Intermediaries	$	660		$	716		$	609		$	592		$	513		$	2,430
Independent Producers		12			10			20			13			12			55
Dedicated Sales Specialists		28			34			36			23			19			112

Total Sales	$	700		$	760		$	665		$	628		$	544		$	2,597

⁽¹⁾

The Income Distribution Series products are comprised of our retirement income deferred and immediate variable annuity products, including those variable annuity products with rider options that provide similar income features. These products do not include fixed single premium immediate or deferred annuities, which may also serve income distribution needs.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Assets Under Management—Retirement Income—Fee-Based

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
Assets Under Management
Income Distribution Series⁽¹⁾
Account value, net of reinsurance, beginning of period	$	4,535		$	3,978		$	3,361		$	2,813		$	2,402		$	2,402
Deposits		595			625			543			482			421			2,071
Surrenders, benefits and product charges		(105	)		(98	)		(78	)		(66	)		(60	)		(302	)

Net flows		490			527			465			416			361			1,769
Interest credited and investment performance		(148	)		30			152			132			50			364

Account value, net of reinsurance, end of period		4,877			4,535			3,978			3,361			2,813			4,535

Traditional Variable Annuities
Account value, net of reinsurance, beginning of period		2,345			2,262			2,098			1,905			1,780			1,780
Deposits		108			148			133			149			130			560
Surrenders, benefits and product charges		(59	)		(50	)		(48	)		(56	)		(41	)		(195	)

Net flows		49			98			85			93			89			365
Interest credited and investment performance		(153	)		(15	)		79			100			36			200

Account value, net of reinsurance, end of period		2,241			2,345			2,262			2,098			1,905			2,345

Variable Life Insurance
Account value, beginning of the period		403			414			408			396			391			391
Deposits		5			6			6			7			5			24
Surrenders, benefits and product charges		(10	)		(13	)		(15	)		(14	)		(12	)		(54	)

Net flows		(5	)		(7	)		(9	)		(7	)		(7	)		(30	)
Interest credited and investment performance		(27	)		(4	)		15			19			12			42

Account value, end of period		371			403			414			408			396			403

Total Retirement Income—Fee-Based	$	7,489		$	7,283		$	6,654		$	5,867		$	5,114		$	7,283

⁽¹⁾

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Retirement Income—Spread-Based

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	167		$	135		$	118		$	151		$	154		$	558
Net investment income		299			301			320			310			320			1,251
Net investment gains (losses)		(58	)		(46	)		(15	)		(23	)		(9	)		(93	)
Insurance and investment product fees and other		3			4			5			5			6			20

Total revenues		411			394			428			443			471			1,736

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		247			214			194			222			228			858
Interest credited		124			126			131			138			141			536
Acquisition and operating expenses, net of deferrals		25			24			22			25			24			95
Amortization of deferred acquisition costs and intangibles		19			30			34			34			38			136
Interest expense		1			1			2			1			1			5

Total benefits and expenses		416			395			383			420			432			1,630

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(5	)		(1	)		45			23			39			106
Provision (benefit) for income taxes		(2	)		(1	)		11			9			14			33

INCOME (LOSS) FROM CONTINUING OPERATIONS		(3	)		—			34			14			25			73
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		29			24			8			12			6			50

NET OPERATING INCOME	$	26		$	24		$	42		$	26		$	31		$	123


Effective tax rate (operating income)		34.7	%		34.3	%		26.9	%		36.1	%		36.2	%		32.9	%
SALES:
Sales by Product:
Structured Settlements	$	3		$	12		$	5		$	30		$	47		$	94
Single Premium Immediate Annuities		240			189			208			218			200			815
Fixed Annuities		408			185			145			106			167			603

Total Sales	$	651		$	386		$	358		$	354		$	414		$	1,512

Sales by Distribution Channel:
Financial Intermediaries	$	541		$	299		$	250		$	239		$	275		$	1,063
Independent Producers		103			82			99			109			131			421
Dedicated Sales Specialists		7			5			9			6			8			28

Total Sales	$	651		$	386		$	358		$	354		$	414		$	1,512


PREMIUMS BY PRODUCT:
Single Premium Immediate Annuities	$	165		$	124		$	114		$	124		$	111		$	473
Structured Settlements		2			11			4			27			43			85

Total Premiums	$	167		$	135		$	118		$	151		$	154		$	558

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Assets Under Management—Retirement Income—Spread-Based

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
Fixed Annuities
Account value, net of reinsurance, beginning of period	$	12,073		$	12,368		$	12,886		$	13,522		$	13,972		$	13,972
Deposits		436			215			184			144			207			750
Surrenders, benefits and product charges		(474	)		(618	)		(815	)		(899	)		(781	)		(3,113	)

Net flows		(38	)		(403	)		(631	)		(755	)		(574	)		(2,363	)
Interest credited		106			108			113			119			124			464

Account value, net of reinsurance, end of period		12,141			12,073			12,368			12,886			13,522			12,073

Single Premium Immediate Annuities
Account value, net of reinsurance, beginning of period		6,668			6,458			6,367			6,261			6,174			6,174
Premiums and deposits		291			226			247			261			237			971
Surrenders, benefits and product charges		(267	)		(102	)		(241	)		(240	)		(234	)		(817	)

Net flows		24			124			6			21			3			154
Interest credited		89			86			85			85			84			340

Account value, net of reinsurance, end of period		6,781			6,668			6,458			6,367			6,261			6,668

Structured Settlements
Account value, net of reinsurance, beginning of period		1,103			1,092			1,088			1,058			1,011			1,011
Premiums and deposits		2			12			5			30			47			94
Surrenders, benefits and product charges		(14	)		(15	)		(15	)		(15	)		(14	)		(59	)

Net flows		(12	)		(3	)		(10	)		15			33			35
Interest credited		14			14			14			15			14			57

Account value, net of reinsurance, end of period		1,105			1,103			1,092			1,088			1,058			1,103

Total Retirement Income—Spread-Based, net of reinsurance	$	20,027		$	19,844		$	19,918		$	20,341		$	20,841		$	19,844

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Institutional

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		135			167			175			167			166			675
Net investment gains (losses)		(59	)		(128	)		(20	)		(6	)		(5	)		(159	)
Insurance and investment product fees and other		—			—			—			—			—			—

Total revenues		76			39			155			161			161			516

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—
Interest credited		115			149			157			149			141			596
Acquisition and operating expenses, net of deferrals		2			2			3			2			3			10
Amortization of deferred acquisition costs and intangibles		1			1			—			1			—			2
Interest expense		—			—			—			—			—			—

Total benefits and expenses		118			152			160			152			144			608

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(42	)		(113	)		(5	)		9			17			(92	)
Provision (benefit) for income taxes		(14	)		(40	)		(2	)		3			6			(33	)

INCOME (LOSS) FROM CONTINUING OPERATIONS		(28	)		(73	)		(3	)		6			11			(59	)
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		39			82			13			4			3			102

NET OPERATING INCOME	$	11		$	9		$	10		$	10		$	14		$	43


Effective tax rate (operating income)		34.0	%		31.3	%		34.7	%		35.1	%		35.5	%		34.3	%
SALES:
Sales by Product:
Guaranteed Investment Contracts (GICs)	$	44		$	32		$	24		$	42		$	22		$	120
Funding Agreements Backing Notes		107			520			200			650			600			1,970
Funding Agreements		—			—			—			315			—			315

Total Sales	$	151		$	552		$	224		$	1,007		$	622		$	2,405

Institutional products are sold through specialized brokers and investment brokers, as well as directly to the contractholder.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Assets Under Management—Institutional

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
GICs, Funding Agreements and Funding Agreements Backing Notes
Account value, net of reinsurance, beginning of period	$	10,982		$	11,292		$	11,515		$	10,724		$	10,483		$	10,483
Deposits⁽¹⁾		251			762			323			1,107			722			2,914
Surrenders and benefits⁽¹⁾		(727	)		(1,226	)		(710	)		(460	)		(629	)		(3,025	)

Net flows		(476	)		(464	)		(387	)		647			93			(111	)
Interest credited		117			147			154			147			141			589
Foreign currency translation		32			7			10			(3	)		7			21

Account value, end of period	$	10,655		$	10,982		$	11,292		$	11,515		$	10,724		$	10,982


By Contract Type:
Guaranteed Investment Contracts	$	1,449		$	1,602		$	1,790		$	1,921		$	2,073
Funding Agreements Backing Notes		6,909			6,721			6,591			6,578			5,953
Funding Agreements		2,297			2,659			2,911			3,016			2,698

	$	10,655		$	10,982		$	11,292		$	11,515		$	10,724

Funding Agreements By Liquidity Provisions:
90 day	$	180		$	170		$	270		$	375		$	425
180 day		345			500			500			500			450
No put		925			1,135			1,285			1,285			1,235
Rolling maturity⁽²⁾		840			840			840			840			575
Accrued interest		7			14			16			16			13

Total funding agreements	$	2,297		$	2,659		$	2,911		$	3,016		$	2,698

⁽¹⁾	“Surrenders and benefits” include contracts that have matured but are redeposited with us and reflected as deposits. For the three months ended March 31, 2008 and 2007, surrenders and deposits that were redeposited and are now reflected under “Deposits” amounted to $100 million for each period.

⁽²⁾	Includes products having a 12 and 13 month rolling maturity.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Life Insurance

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	242		$	231		$	236		$	238		$	235		$	940
Net investment income		153			171			183			164			157			675
Net investment gains (losses)		(26	)		(29	)		4			(7	)		—			(32	)
Insurance and investment product fees and other		93			100			88			95			93			376

Total revenues		462			473			511			490			485			1,959

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		205			202			204			202			196			804
Interest credited		61			61			60			62			60			243
Acquisition and operating expenses, net of deferrals		37			35			32			31			31			129
Amortization of deferred acquisition costs and intangibles		35			35			27			36			32			130
Interest expense		46			56			57			50			42			205

Total benefits and expenses		384			389			380			381			361			1,511

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		78			84			131			109			124			448
Provision for income taxes		29			29			47			39			46			161

INCOME FROM CONTINUING OPERATIONS		49			55			84			70			78			287
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		16			21			(3	)		5			—			23

NET OPERATING INCOME	$	65		$	76		$	81		$	75		$	78		$	310


Effective tax rate (operating income)		36.9	%		33.7	%		36.1	%		35.3	%		37.1	%		35.6	%
SALES:
Sales by Product:
Term Life	$	23		$	26		$	28		$	29		$	29		$	112
Universal Life:
Annualized first-year deposits		13			14			15			15			11			55
Excess deposits		43			64			53			41			48			206

Total Universal Life		56			78			68			56			59			261

Total Sales	$	79		$	104		$	96		$	85		$	88		$	373

Sales by Distribution Channel:
Financial Intermediaries	$	1		$	2		$	1		$	2		$	1		$	6
Independent Producers		78			102			95			83			87			367

Total Sales	$	79		$	104		$	96		$	85		$	88		$	373

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Life Insurance In-force

(amounts in millions)


	2008		2007
	Q1		Q4		Q3		Q2		Q1
Term life insurance
Life insurance in-force, net of reinsurance	$	476,503	$	464,411	$	457,001	$	449,654	$	439,380
Life insurance in-force before reinsurance	$	619,086	$	618,379	$	614,248	$	610,071	$	602,725

Universal and whole life insurance
Life insurance in-force, net of reinsurance	$	42,590	$	42,181	$	41,638	$	41,303	$	40,912
Life insurance in-force before reinsurance	$	51,534	$	51,175	$	50,737	$	50,290	$	49,834

Total life insurance
Life insurance in-force, net of reinsurance	$	519,093	$	506,592	$	498,639	$	490,957	$	480,292
Life insurance in-force before reinsurance	$	670,620	$	669,554	$	664,985	$	660,361	$	652,559

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Long-Term Care

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	511		$	506		$	507		$	498		$	485		$	1,996
Net investment income		216			212			210			213			196			831
Net investment gains (losses)		(32	)		(2	)		2			(10	)		(5	)		(15	)
Insurance and investment product fees and other		6			6			6			5			7			24

Total revenues		701			722			725			706			683			2,836

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		522			509			517			494			480			2,000
Interest credited		41			45			40			38			39			162
Acquisition and operating expenses, net of deferrals		83			89			84			87			84			344
Amortization of deferred acquisition costs and intangibles		29			24			24			34			27			109
Interest expense		—			1			—			—			—			1

Total benefits and expenses		675			668			665			653			630			2,616

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		26			54			60			53			53			220
Provision for income taxes		9			20			20			19			19			78

INCOME FROM CONTINUING OPERATIONS		17			34			40			34			34			142
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		21			2			(1	)		7			3			11

NET OPERATING INCOME	$	38		$	36		$	39		$	41		$	37		$	153


Effective tax rate (operating income)		34.9	%		36.5	%		33.3	%		35.8	%		35.9	%		35.4	%

SALES:
Sales by Distribution Channel:
Financial Intermediaries	$	6		$	7		$	6		$	7		$	7		$	27
Independent Producers		23			25			25			23			24			97
Dedicated Sales Specialist		15			13			13			11			10			47

Total Individual Long-Term Care		44			45			44			41			41			171
Group Long-Term Care		1			1			—			1			—			2
Medicare Supplement and Other A&H		10			10			8			7			7			32
Linked-Benefits		7			10			8			5			4			27

Total Sales	$	62		$	66		$	60		$	54		$	52		$	232


LOSS RATIOS:
Total Long-Term Care
Earned Premium	$	443		$	442		$	444		$	430		$	419		$	1,735
Loss Ratio⁽¹⁾		66.9	%		67.5	%		70.0	%		67.8	%		65.4	%		66.6	%
Gross Benefits Ratio⁽²⁾		105.6	%		105.0	%		106.4	%		103.9	%		101.0	%		102.5	%
Medicare Supplement and A&H⁽³⁾
Earned Premium	$	68		$	66		$	65		$	69		$	67		$	267
Loss Ratio⁽¹⁾		76.2	%		66.2	%		66.8	%		68.4	%		80.7	%		74.5	%

⁽¹⁾	We calculate the loss ratio for our long-term care insurance product by dividing benefits and other changes in policy reserves less tabular interest on reserves less loss adjustment expenses by net earned premiums.

⁽²⁾	We calculate the gross benefits ratio by dividing the benefits and other changes in policy reserves by net earned premium.

⁽³⁾	The Medicare Supplement and A&H earned premium and loss ratio does not include the linked-benefits product.

International

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income—International

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	609		$	623		$	572		$	509		$	493		$	2,197
Net investment income		138			138			131			113			88			470
Net investment gains (losses)		(7	)		(2	)		—			(5	)		—			(7	)
Insurance and investment product fees and other		11			8			8			7			6			29

Total revenues		751			767			711			624			587			2,689

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		163			140			126			112			107			485
Acquisition and operating expenses, net of deferrals		258			266			281			229			224			1,000
Amortization of deferred acquisition costs and intangibles		103			96			94			86			87			363
Interest expense		7			8			6			10			4			28

Total benefits and expenses		531			510			507			437			422			1,876

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		220			257			204			187			165			813
Provision for income taxes		64			78			65			48			42			233

INCOME FROM CONTINUING OPERATIONS		156			179			139			139			123			580

ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		4			1			1			3			—			5

NET OPERATING INCOME⁽¹⁾	$	160		$	180		$	140		$	142		$	123		$	585


Effective tax rate (operating income)		29.5	%		30.7	%		32.2	%		25.7	%		25.3	%		28.8	%

⁽¹⁾	Net operating income adjusted for foreign exchange for our International segment was $135 million for the three months ended March 31, 2008.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—International Mortgage Insurance—Canada

(amounts in millions)


	2008			2007
	Q1			Q4⁽¹⁾			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	133		$	142		$	108		$	94		$	83		$	427
Net investment income⁽²⁾		48			49			52			31			29			161
Net investment gains (losses)		(6	)		—			(2	)		—			—			(2	)
Insurance and investment product fees and other		—			1			—			—			—			1

Total revenues		175			192			158			125			112			587

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		35			26			20			16			13			75
Acquisition and operating expenses, net of deferrals⁽²⁾		22			25			31			15			13			84
Amortization of deferred acquisition costs and intangibles		8			6			4			5			4			19
Interest expense		1			1			1			—			1			3

Total benefits and expenses		66			58			56			36			31			181

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		109			134			102			89			81			406
Provision for income taxes		38			46			35			30			26			137

INCOME FROM CONTINUING OPERATIONS		71			88			67			59			55			269

ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		4			—			1			—			—			1

NET OPERATING INCOME⁽³⁾	$	75		$	88		$	68		$	59		$	55		$	270


Effective tax rate (operating income)		35.0	%		34.4	%		34.2	%		33.3	%		32.6	%		33.8	%

SALES:
New Insurance Written (NIW):
Flow	$	4,900		$	8,100		$	11,000		$	9,600		$	6,000		$	34,700
Bulk		1,500			7,800			1,300			11,900			400			21,400

Total International Mortgage Insurance Canada NIW⁽⁴⁾	$	6,400		$	15,900		$	12,300		$	21,500		$	6,400		$	56,100

⁽¹⁾

Included in the results for the fourth quarter of 2007 are adjustments related to the premium recognition curve and loss factor updates. These adjustments favorably impacted net operating income by $13 million in the fourth quarter of 2007. For further details, see our fourth quarter 2007 financial supplement on our website at www.genworth.com.

⁽²⁾

The three months ended September 30, 2007 includes a reclassification of expense of $16 million from net investment income to acquisition and operating expenses, net of deferrals. The reclassification is associated with exit fee accruals for the guarantee fund the Canadian government requires us to maintain in the event of insolvency. Prior periods were not restated as the adjustment is immaterial to the three months ended September 30, 2007 and all prior periods. The respective expense amount related to the third, second and first quarter of 2007 was $7 million, $6 million and $3 million, respectively.

⁽³⁾	Net operating income for our Canada platform adjusted for foreign exchange was $63 million for the three months ended March 31, 2008.

⁽⁴⁾	New insurance written for our Canada platform adjusted for foreign exchange was $5,500 million for the three months ended March 31, 2008.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—International Mortgage Insurance—Australia

(amounts in millions)


	2008			2007
	Q1			Q4⁽¹⁾			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	86		$	71		$	73		$	72		$	68		$	284
Net investment income		35			33			30			31			22			116
Net investment gains (losses)		(1	)		—			3			(2	)		—			1
Insurance and investment product fees and other		—			—			—			—			1			1

Total revenues		120			104			106			101			91			402

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		35			33			36			34			31			134
Acquisition and operating expenses, net of deferrals		19			15			14			13			12			54
Amortization of deferred acquisition costs and intangibles		7			4			5			5			5			19
Interest expense		—			—			—			—			—			—

Total benefits and expenses		61			52			55			52			48			207

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		59			52			51			49			43			195
Provision for income taxes		12			12			13			7			7			39

INCOME FROM CONTINUING OPERATIONS		47			40			38			42			36			156

ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			(2	)		2			—			—

NET OPERATING INCOME⁽²⁾	$	47		$	40		$	36		$	44		$	36		$	156


Effective tax rate (operating income)		20.9	%		23.8	%		25.6	%		14.9	%		15.5	%		20.1	%

SALES:
New Insurance Written (NIW):
Flow	$	10,400		$	11,600		$	11,400		$	11,600		$	10,800		$	45,400
Bulk		1,000			900			7,000			5,900			2,300			16,100

Total International Mortgage Insurance Australia NIW⁽³⁾	$	11,400		$	12,500		$	18,400		$	17,500		$	13,100		$	61,500

⁽¹⁾

Included in the results for the fourth quarter of 2007 are adjustments related to the premium recognition curve and loss factor updates. These adjustments unfavorably impacted net operating income by $4 million in the fourth quarter of 2007. For further details, see our fourth quarter 2007 financial supplement on our website at www.genworth.com.

⁽²⁾	Net operating income for our Australia platform adjusted for foreign exchange was $40 million for the three months ended March 31, 2008.

⁽³⁾	New insurance written for our Australia platform adjusted for foreign exchange was $9,900 million for the three months ended March 31, 2008.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Other International Mortgage Insurance

(amounts in millions)


	2008			2007
	Q1			Q4⁽¹⁾			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	28		$	63		$	27		$	29		$	22		$	141
Net investment income		9			9			9			7			5			30
Net investment gains (losses)		—			—			—			(1	)		—			(1	)
Insurance and investment product fees and other		1			1			1			—			—			2

Total revenues		38			73			37			35			27			172

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		21			21			10			11			5			47
Acquisition and operating expenses, net of deferrals		17			27			18			18			18			81
Amortization of deferred acquisition costs and intangibles		1			2			2			1			1			6
Interest expense		—			—			—			—			—			—

Total benefits and expenses		39			50			30			30			24			134

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(1	)		23			7			5			3			38
Provision (benefit) for income taxes		(1	)		7			2			1			—			10

INCOME (LOSS) FROM CONTINUING OPERATIONS		—			16			5			4			3			28
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			1			—			—			1

NET OPERATING INCOME⁽²⁾	$	—		$	16		$	6		$	4		$	3		$	29


Effective tax rate (operating income)		154.3	%		30.7	%		30.2	%		21.2	%		-1.6	%		27.0	%

SALES:
New Insurance Written (NIW):
Flow	$	2,300		$	3,300		$	4,700		$	5,100		$	4,900		$	18,000
Bulk		700			900			800			400			3,800			5,900

Total Other International NIW⁽³⁾	$	3,000		$	4,200		$	5,500		$	5,500		$	8,700		$	23,900

⁽¹⁾

Included in the results for the fourth quarter of 2007 are adjustments related to the premium recognition curve and loss factor updates. These adjustments favorably impacted net operating income by $14 million in the fourth quarter of 2007. For further details, see our fourth quarter 2007 financial supplement on our website at www.genworth.com.

⁽²⁾	Net operating loss for our Other International platform adjusted for foreign exchange was less than $1 million for the three months ended March 31, 2008.

⁽³⁾	New insurance written for our Other International platform adjusted for foreign exchange was $2,700 million for the three months ended March 31, 2008.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
Net Premiums Written
Canada	$	130		$	225		$	301		$	262		$	137		$	925
Australia		97			109			102			108			102			421
Other International		18			28			49			58			83			218

Total International Net Premiums Written	$	245		$	362		$	452		$	428		$	322		$	1,564

Loss Ratio⁽¹⁾
Canada		26	%		18	%		18	%		17	%		16	%		18	%
Australia		41	%		46	%		49	%		47	%		46	%		47	%
Other International		71	%		33	%		38	%		37	%		24	%		33	%
Total International Loss Ratio		37	%		29	%		32	%		31	%		29	%		30	%
Expense Ratio⁽²⁾
Canada		23	%		13	%		12	%		7	%		12	%		11	%
Australia		27	%		18	%		18	%		17	%		17	%		17	%
Other International		104	%		100	%		38	%		34	%		23	%		40	%
Total International Expense Ratio		31	%		22	%		16	%		13	%		16	%		17	%
Expense Ratio Adjusted for Canada Reclassification⁽³⁾
Canada								9	%		10	%		15	%		11	%
Total International Expense Ratio								14	%		15	%		18	%		17	%
Primary Insurance In-force
Canada	$	185,000		$	187,900		$	172,400		$	150,000		$	119,700
Australia		234,600			221,400			224,500			205,100			185,200
Other International		72,400			68,500			65,000			59,800			56,000

Total International Primary Insurance In-force	$	492,000		$	477,800		$	461,900		$	414,900		$	360,900

Primary Risk In-force⁽⁴⁾
Canada
Flow	$	50,700		$	51,200		$	48,400		$	41,800		$	35,900
Bulk		14,100			14,600			11,900			10,700			6,000

Total Canada		64,800			65,800			60,300			52,500			41,900
Australia
Flow		71,600			67,200			68,200			64,100			59,300
Bulk		10,500			10,300			10,400			7,700			5,500

Total Australia		82,100			77,500			78,600			71,800			64,800
Other International
Flow		8,000			7,400			7,200			6,400			5,800
Bulk		800			700			700			900			1,100

Total Other International		8,800			8,100			7,900			7,300			6,900

Total International Primary Risk In-force	$	155,700		$	151,400		$	146,800		$	131,600		$	113,600

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

⁽¹⁾

The ratio of incurred losses and loss adjustment expense to net premiums earned. In determining the pricing of our mortgage insurance products, we develop a pricing loss ratio which uses industry and company loss experience over a number of years, which incorporates 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. Pricing loss ratios for our international businesses are as follows: Canada 35-40%, Australia 25-35% and Europe 60-65%.

⁽²⁾	The ratio of an insurer’s general expenses to net premiums written. In our business, general expenses consist of acquisition and insurance expenses, net of deferrals, and amortization of DAC and intangibles.

⁽³⁾	Includes the impact of the adjustment referenced on page 33 related to the reclassification of guarantee fund fees from net investment income to acquisition and operating expenses, net of deferrals, in the third quarter of 2007.

⁽⁴⁾

Our businesses in Australia, New Zealand and Canada currently provide 100% coverage on the majority of the loans we insure in those markets. For the purpose of representing our risk in-force, we have 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 our highest expected average per-claim payment for any one underwriting year over the life of our businesses in Australia, New Zealand and Canada. This factor was 35% for all periods presented.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance—Canada


Primary Insurance	March 31, 2008			December 31, 2007			March 31, 2007
Insured loans in-force		1,080,874			1,066,171		829,498
Insured delinquent loans		2,410			2,046		1,615
Insured delinquency rate		0.22	%		0.19	%	0.19	%

Flow loans in-force		815,980			799,587		681,599
Flow delinquent loans		2,198			1,877		1,486
Flow delinquency rate		0.27	%		0.23	%	0.22	%

Bulk loans in-force		264,894			266,584		147,899
Bulk delinquent loans		212			169		129
Bulk delinquency rate		0.08	%		0.06	%	0.09	%

% of Primary Risk In-force
Province and Territory	March 31, 2008			December 31, 2007
Ontario		49	%		50	%
British Columbia		16			16
Alberta		14			14
Quebec		13			14
Nova Scotia		2			2
Saskatchewan		1			1
Manitoba		1			1
New Brunswick		1			1
All Other		3			1

Total		100	%		100	%

Loan Amount (in CAD)⁽¹⁾
Over $250K		33	%		33	%
Over $100K to $250K		59			58
$100K or Less		8			9

Total		100	%		100	%

By Policy Year
2000 and Prior		9	%		10	%
2001		3			3
2002		6			6
2003		7			8
2004		11			11
2005		12			13
2006		16			16
2007		32			33
2008		4			—

Total		100	%		100	%

Average Primary Loan Size (CAD in thousands)⁽¹⁾	$	176		$	174

⁽¹⁾	Loan amount and size presented in Canadian dollars.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance—Australia


Primary Insurance	March 31, 2008			December 31, 2007			March 31, 2007
Insured loans in-force		1,406,731			1,390,016		1,347,923
Insured delinquent loans		4,571			4,671		3,682
Insured delinquency rate		0.32	%		0.34	%	0.27	%
Flow loans in-force		1,222,667			1,201,975		1,229,280
Flow delinquent loans		4,489			4,611		3,617
Flow delinquency rate		0.37	%		0.38	%	0.29	%
Bulk loans in-force		184,064			188,041		118,643
Bulk delinquent loans		82			60		65
Bulk delinquency rate		0.04	%		0.03	%	0.05	%

% of Primary Risk In-force
State and Territory	March 31, 2008			December 31, 2007
New South Wales		33	%		34	%
Victoria		22			22
Queensland		21			21
Western Australia		10			9
South Australia		5			5
New Zealand		4			4
Australian Capital Territory		2			2
Tasmania		2			2
Northern Territory		1			1

Total		100	%		100	%


Loan Amount (in AUD)⁽¹⁾
Over $250K		53	%		52	%
Over $100K to $250K		38			39
$100K or Less		9			9

Total		100	%		100	%


By Policy Year
2000 and Prior		10	%		10	%
2001		4			4
2002		7			7
2003		8			9
2004		11			11
2005		15			16
2006		20			21
2007		20			22
2008		5			—

Total		100	%		100	%

Average Primary Loan Size (AUD in thousands)⁽¹⁾	$	183		$	181

(1)	Loan amount and loan size presented in Australian dollars.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance

(dollar amounts in millions)


Risk In-force by Loan-To-Value Ratio⁽¹⁾	March 31, 2008						December 31, 2007
	Primary		Flow		Bulk		Primary		Flow		Bulk
Canada⁽²⁾
95.01% and above	$	20,108	$	20,108	$	—	$	20,141	$	20,141	$	—
90.01% to 95.00%		17,471		17,468		3		17,731		17,728		3
80.01% to 90.00%		11,568		11,084		484		11,686		11,306		380
80.00% and below		15,592		2,012		13,580		16,229		2,039		14,190

Total Canada	$	64,739	$	50,672	$	14,067	$	65,787	$	51,214	$	14,573

Australia
95.01% and above	$	8,773	$	8,772	$	1	$	7,697	$	7,696	$	1
90.01% to 95.00%		13,949		13,933		16		13,156		13,140		16
80.01% to 90.00%		19,849		19,681		168		18,831		18,667		164
80.00% and below		39,544		29,223		10,321		37,804		27,721		10,083

Total Australia	$	82,115	$	71,609	$	10,506	$	77,488	$	67,224	$	10,264

Other International
95.01% and above	$	2,692	$	2,607	$	85	$	2,432	$	2,356	$	76
90.01% to 95.00%		3,288		3,190		98		3,007		2,918		89
80.01% to 90.00%		2,604		2,083		521		2,448		1,968		480
80.00% and below		236		157		79		235		162		73

Total Other International	$	8,820	$	8,037	$	783	$	8,122	$	7,404	$	718

⁽¹⁾	Loan amount in loan-to-value ratio calculation includes capitalized premiums, where applicable.

⁽²⁾	The December 31, 2007 amounts have been re-presented to include capitalized premiums.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Payment Protection Insurance

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	362		$	347		$	364		$	314		$	320		$	1,345
Net investment income		46			47			40			44			32			163
Net investment gains (losses)		—			(2	)		(1	)		(2	)		—			(5	)
Insurance and investment product fees and other		10			6			7			7			5			25

Total revenues		418			398			410			363			357			1,528

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		72			60			60			51			58			229
Acquisition and operating expenses, net of deferrals		200			199			218			183			181			781
Amortization of deferred acquisition costs and intangibles		87			84			83			75			77			319
Interest expense		6			7			5			10			3			25

Total benefits and expenses		365			350			366			319			319			1,354

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		53			48			44			44			38			174
Provision for income taxes		15			13			15			10			9			47

INCOME FROM CONTINUING OPERATIONS		38			35			29			34			29			127
ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			1			1			1			—			3

NET OPERATING INCOME⁽¹⁾	$	38		$	36		$	30		$	35		$	29		$	130


Effective tax rate (operating income)		28.2	%		27.8	%		35.1	%		23.3	%		22.8	%		27.5	%
SALES:
Payment Protection:
Traditional indemnity premiums	$	334		$	362		$	378		$	584		$	364		$	1,688
Premium equivalents for administrative services only business		35			33			44			40			50			167
Reinsurance premiums assumed accounted for under the deposit method		270			253			232			244			172			901

Total Payment Protection⁽²⁾		639			648			654			868			586			2,756
Mexico operations		21			22			19			18			19			78

Total Sales	$	660		$	670		$	673		$	886		$	605		$	2,834


SALES BY REGION:
Payment Protection
Established European Regions
Western region	$	130		$	129		$	173		$	175		$	198		$	675
Central region		153			150			157			146			122			575
Southern region		137			152			127			145			112			536
Nordic region		85			78			73			77			68			296
New Markets		56			61			50			43			34			188
Structured Deals⁽³⁾		78			78			74			282			52			486

Total Payment Protection		639			648			654			868			586			2,756
Mexico operations		21			22			19			18			19			78

Total Sales	$	660		$	670		$	673		$	886		$	605		$	2,834

⁽¹⁾	Net operating income adjusted for foreign exchange for our payment protection insurance business was $33 million for the three months ended March 31, 2008.

⁽²⁾	Sales adjusted for foreign exchange for our payment protection insurance business was $579 million for the three months ended March 31, 2008.

⁽³⁾	Structured deals represent in-force blocks of business acquired through reinsurance arrangements and ongoing reciprocal arrangements in place with certain clients.

U.S. Mortgage Insurance

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—U.S. Mortgage Insurance

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	183		$	171		$	159		$	148		$	137		$	615
Net investment income		37			36			38			36			37			147
Net investment gains (losses)		1			5			1			—			—			6
Insurance and investment product fees and other		8			12			8			10			7			37

Total revenues		229			224			206			194			181			805

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		259			186			123			60			52			421
Acquisition and operating expenses, net of deferrals		37			35			30			34			32			131
Amortization of deferred acquisition costs and intangibles		9			7			10			8			8			33

Total benefits and expenses		305			228			163			102			92			585

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(76	)		(4	)		43			92			89			220
Provision (benefit) for income taxes		(41	)		(4	)		3			26			24			49

INCOME (LOSS) FROM CONTINUING OPERATIONS		(35	)		—			40			66			65			171

ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		(1	)		(3	)		(1	)		—			—			(4	)

NET OPERATING INCOME (LOSS)	$	(36	)	$	(3	)	$	39		$	66		$	65		$	167


Effective tax rate (operating income)		53.9	%		65.2	%		7.1	%		28.2	%		27.1	%		22.0	%

SALES:
New Insurance Written (NIW):
Flow	$	15,000		$	16,000		$	13,200		$	10,800		$	6,900		$	46,900
Bulk		100			2,200			2,800			11,100			6,100			22,200
Pool		100			100			100			200			100			500

Total U.S. Mortgage NIW	$	15,200		$	18,300		$	16,100		$	22,100		$	13,100		$	69,600

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Growth Metrics—U.S. Mortgage Insurance

(dollar amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
Net Premiums Written	$	202		$	188		$	167		$	152		$	140		$	647
New Risk Written
Flow	$	3,768		$	4,117		$	3,330		$	2,658		$	1,695		$	11,800
Bulk		4			55			82			380			198			715

Total Primary		3,772			4,172			3,412			3,038			1,893			12,515
Pool		5			6			5			7			3			21

Total New Risk Written	$	3,777		$	4,178		$	3,417		$	3,045		$	1,896		$	12,536

Primary Insurance In-force	$	166,700		$	157,600		$	144,800		$	135,500		$	120,500
Risk In-force
Flow	$	32,398		$	29,817		$	26,687		$	24,442		$	23,013
Bulk		1,481			1,487			1,436			1,354			978

Total Primary		33,879			31,304			28,123			25,796			23,991
Pool		383			393			414			428			436

Total Risk In-force	$	34,262		$	31,697		$	28,537		$	26,224		$	24,427


Loss Metrics—U.S. Mortgage Insurance
Paid Claims
Flow	$	79		$	64		$	49		$	40		$	38		$	191
Bulk		5			1			—			1			—			2

Total Primary		84			65			49			41			38			193
Pool		—			—			—			—			—			—

Total Paid Claims	$	84		$	65		$	49		$	41		$	38		$	193

Average Paid Claim (in thousands)	$	42.4		$	39.2		$	35.8		$	32.5		$	32.2
Number of Primary Delinquencies
Flow		38,316			35,489			27,609			22,970			21,804
Bulk⁽⁵⁾		8,210			5,470			3,147			2,086			1,566
Average Reserve Per Delinquency (in thousands)
Flow	$	15.8		$	12.4		$	12.0		$	11.4		$	11.3
Bulk⁽⁵⁾		6.8			5.1			4.4			3.1			2.1
Beginning Reserves	$	467		$	345		$	270		$	251		$	237		$	237
Paid claims		(84	)		(65	)		(49	)		(41	)		(38	)		(193	)
Increase (decrease) in reserves		278			187			124			60			52			423

Ending Reserves	$	661		$	467		$	345		$	270		$	251		$	467

Loss Ratio⁽¹⁾		142	%		109	%		78	%		41	%		38	%		68	%
Other Metrics—U.S. Mortgage Insurance
GAAP Basis Expense Ratio⁽²⁾		25	%		25	%		25	%		28	%		29	%		27	%
Adjusted Expense Ratio⁽⁶⁾		23	%		23	%		24	%		27	%		29	%		25	%
Flow Persistency		83	%		85	%		82	%		78	%		78	%
Gross written premiums ceded to captives/total direct written premiums		20	%		21	%		21	%		22	%		22	%
Risk to Capital Ratio⁽³⁾		12.4:1			11.3:1			9.2:1			8.8:1			8.8:1

Average primary loan size (in thousands)	$	166		$	164		$	160
Primary risk in-force subject to captives		58	%		60	%		61	%
Primary risk in-force that is GSE conforming		95	%		95	%		95	%
Interest only risk in-force with initial reset > 5 years		94	%		94	%		93	%
Primary risk in-force with potential to reset in 2008⁽⁴⁾		1.4	%		1.6	%		2.0	%
Primary risk in-force with potential to reset in 2009⁽⁴⁾		1.6	%		0.0	%		0.0	%
The loss and expense ratios included above are calculated using whole dollars and may be different than the ratios calculated using the rounded numbers included herein. ⁽¹⁾The ratio of incurred losses and loss adjustment expense to net premiums earned. ⁽²⁾The ratio of an insurer’s general expenses to net earned premiums. In our business, general expenses consist of acquisition and insurance expenses, net of deferrals, and amortization of DAC and intangibles. ⁽³⁾Certain states limit a private mortgage insurer’s risk in-force to 25 times the total of the insurer’s policyholders’ surplus plus the statutory contingent reserve, commonly known as the “risk to capital” requirement. The risk to capital ratio for our U.S. mortgage insurance business was computed as of the beginning of the period indicated. ⁽⁴⁾ Represents < 5 year adjustable rate mortgages with 2% annual adjustment cap. ⁽⁵⁾ The reserve per delinquency calculation includes loans where we were in a secondary loss position for which no reserve has been established due to an existing deductible. Excluding these loans, the number of delinquencies for bulk loans were as follows:
	Q1			Q4			Q3			Q2			Q1
		3,768			2,404			1,338			881			554

⁽⁶⁾	The ratio of an insurer’s general expenses to net written premiums. In our business, general expenses consist of acquisition and insurance expenses, net of deferrals, and amortization of DAC and intangibles.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance


	2008		2007
	Q1		Q4		Q3		Q2		Q1
Risk In-force by Credit Quality⁽¹⁾
Primary by FICO Scores >679 (%)	60	%	59	%	59	%	59	%	60	%
Primary by FICO Scores 620-679	31	%	32	%	32	%	32	%	32	%
Primary by FICO Scores 575-619	7	%	7	%	7	%	7	%	6	%
Primary by FICO Scores <575	2	%	2	%	2	%	2	%	2	%

Flow by FICO Scores >679 (%)	59	%	58	%	58	%	58	%	58	%
Flow by FICO Scores 620-679	32	%	33	%	33	%	33	%	33	%
Flow by FICO Scores 575-619	7	%	7	%	7	%	7	%	7	%
Flow by FICO Scores <575	2	%	2	%	2	%	2	%	2	%

Bulk by FICO Scores >679 (%)	84	%	83	%	83	%	84	%	83	%
Bulk by FICO Scores 620-679	14	%	15	%	15	%	15	%	15	%
Bulk by FICO Scores 575-619	1	%	1	%	1	%	1	%	1	%
Bulk by FICO Scores <575	1	%	1	%	1	%	0	%	1	%

Primary A minus and sub-prime	13	%	13	%	13	%	12	%	12	%

Primary Loans
Insured loans in-force	1,001,430		963,218		905,412		858,550		800,110
Insured delinquent loans	46,526		40,959		30,756		25,056		23,370
Insured delinquency rate	4.65	%	4.25	%	3.40	%	2.92	%	2.92	%

Flow loans in-force	812,061		769,481		715,970		674,730		646,004
Flow delinquent loans	38,316		35,489		27,609		22,970		21,804
Flow delinquency rate	4.72	%	4.61	%	3.86	%	3.40	%	3.38	%

Bulk loans in-force	189,369		193,737		189,442		183,820		154,106
Bulk delinquent loans⁽²⁾	8,210		5,470		3,147		2,086		1,566
Bulk delinquency rate	4.34	%	2.82	%	1.66	%	1.13	%	1.02	%

A minus and sub-prime loans in-force	112,383		109,262		100,512		89,023		79,405
A minus and sub-prime delinquent loans	13,254		12,863		9,632		7,646		6,875
A minus and sub-prime delinquency rate	11.79	%	11.77	%	9.58	%	8.59	%	8.66	%

Pool Loans
Insured loans in-force	19,536		19,081		21,118		20,653		20,074
Pool delinquent loans	415		428		442		398		415
Pool delinquency rate	2.12	%	2.24	%	2.09	%	1.93	%	2.07	%
⁽¹⁾ Loans with unknown FICO scores are included in the 620-679 category
⁽²⁾ Includes loans where we were in a secondary loss position for which no reserve has been established due to an existing deductible. Excluding these loans, bulk delinquent loans were as follows:
	Q1		Q4		Q3		Q2		Q1
	3,768		2,404		1,338		881		554

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance


	March 31, 2008				December 31, 2007				March 31, 2007
	% of Primary Risk In-force		Primary Delinquency Rate		% of Primary Risk In-force		Primary Delinquency Rate		% of Primary Risk In-force		Primary Delinquency Rate
By Region
Southeast⁽¹⁾	25	%	6.16	%	24	%	5.48	%	26	%	3.14	%
South Central⁽²⁾	17		3.77	%	16		3.63	%	17		2.91	%
Northeast⁽³⁾	13		3.97	%	13		3.99	%	13		3.16	%
North Central⁽⁴⁾	11		3.89	%	12		3.71	%	12		2.62	%
Pacific⁽⁵⁾	11		5.11	%	11		3.51	%	8		1.52	%
Great Lakes⁽⁶⁾	8		5.51	%	9		5.60	%	10		4.44	%
Plains⁽⁷⁾	6		2.91	%	6		2.87	%	6		2.31	%
Mid-Atlantic⁽⁸⁾	5		3.70	%	5		3.23	%	4		2.07	%
New England⁽⁹⁾	4		4.21	%	4		3.81	%	4		2.63	%

Total	100	%	4.65	%	100	%	4.25	%	100	%	2.92	%

By State
Florida	9	%	9.61	%	9	%	7.04	%	9	%	2.33	%
Texas	7	%	3.62	%	7	%	3.80	%	7	%	3.44	%
New York	6	%	3.07	%	6	%	3.18	%	6	%	2.43	%
California	6	%	6.63	%	5	%	4.24	%	4	%	1.20	%
Illinois	5	%	4.37	%	5	%	4.06	%	5	%	2.93	%
Georgia	4	%	5.88	%	4	%	5.91	%	4	%	4.01	%
North Carolina	4	%	3.89	%	4	%	4.16	%	4	%	3.50	%
Pennsylvania	4	%	4.56	%	4	%	4.73	%	4	%	4.11	%
New Jersey	3	%	4.95	%	3	%	4.51	%	3	%	3.19	%
Ohio	3	%	5.16	%	3	%	5.35	%	4	%	4.70	%

⁽¹⁾	Alabama, Arkansas, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee

⁽²⁾	Arizona, Colorado, Louisiana, New Mexico, Oklahoma, Texas and Utah

⁽³⁾	New Jersey, New York and Pennsylvania

⁽⁴⁾	Illinois, Minnesota, Missouri and Wisconsin

⁽⁵⁾	Alaska, California, Hawaii, Nevada, Oregon and Washington

⁽⁶⁾	Indiana, Kentucky, Michigan and Ohio

⁽⁷⁾	Idaho, Iowa, Kansas, Montana, Nebraska, North Dakota, South Dakota and Wyoming

⁽⁸⁾	Delaware, Maryland, Virginia, Washington D.C. and West Virginia

⁽⁹⁾	Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance

(amounts in millions)


	March 31, 2008		December 31, 2007		March 31, 2007
Primary risk-in-force lender concentration (by original applicant)	$	33,879	$	31,304	$	23,991
Top 10 lenders		15,042		12,987		9,168
Top 20 lenders		18,938		16,766		11,988
Loan-to-value ratio
95.01% and above	$	9,274	$	8,845	$	5,812
90.01% to 95.00%		11,049		9,999		8,137
80.01% to 90.00%		12,184		11,086		9,148
80.00% and below		1,372		1,374		894

Total	$	33,879	$	31,304	$	23,991

Loan grade
Prime	$	29,629	$	27,240	$	21,233
A minus and sub-prime		4,250		4,064		2,758

Total	$	33,879	$	31,304	$	23,991

Loan type⁽¹⁾
Fixed rate mortgage
Flow	$	31,247	$	28,616	$	21,749
Bulk		813		813		583
Adjustable rate mortgage
Flow		1,151		1,201		1,264
Bulk		668		674		395

Total	$	33,879	$	31,304	$	23,991

Type of documentation
Alt-A
Flow	$	1,526	$	1,566	$	1,375
Bulk		371		372		211
Standard⁽²⁾
Flow		30,872		28,251		21,638
Bulk		1,110		1,115		767

Total	$	33,879	$	31,304	$	23,991

Mortgage term
15 years and under	$	383	$	358	$	398
More than 15 years		33,496		30,946		23,593

Total	$	33,879	$	31,304	$	23,991

⁽¹⁾	For loan type in this table, any loan with an interest rate that is fixed for an initial term of five years or more is categorized as a fixed rate mortgage.

⁽²⁾	Standard includes loans with reduced or different documentation requirements that meet specifications of GSE approved underwriting systems with historical and expected default rates consistent with our standard portfolio.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance

(dollar amounts in millions)


	As of March 31, 2008
Policy Year	Average Rate		Primary Insurance In-force			Percent of Total		Primary Risk In-force		Percent of Total
1997 and Prior	8.13	%	$	1,830		1.1	%	$	453	1.3	%
1998	7.15	%		772		0.5			203	0.6
1999	7.31	%		919		0.6			232	0.7
2000	8.15	%		604		0.4			148	0.4
2001	7.40	%		2,083		1.2			525	1.5
2002	6.59	%		5,193		3.1			1,266	3.7
2003	5.64	%		20,355		12.2			3,415	10.1
2004	5.85	%		11,046		6.6			2,392	7.1
2005	5.97	%		16,423		9.8			4,056	12.0
2006	6.64	%		29,628		17.8			5,645	16.7
2007	6.77	%		62,857		37.7			11,797	34.8
2008	6.31	%		14,963		9.0			3,747	11.1

Total portfolio			$	166,673		100.0	%	$	33,879	100.0	%


Occupancy and Property Type	As of March 31, 2008		As of December 31, 2007
Occupancy Status % of Primary Risk In-force
Primary residence	92.4	%		92.3	%
Second home	4.2			4.1
Non-owner occupied	3.4			3.6

Total	100.0	%		100.0	%

Property Type % of Primary Risk In-force
Single family detached	85.5	%		85.6	%
Condominium	10.8			10.7
Multi-family and other	3.7			3.7

Total	100.0	%		100.0	%

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Other Metrics—U.S. Mortgage Insurance Bulk Risk-in-Force

(dollar amounts in millions)


	March 31, 2008			December 31, 2007			September 30, 2007
GSE Alt-A
Risk in-force	$	428		$	428		$	383
Average FICO score		718			719			718
Loan-to-value ratio		79	%		79	%		79	%
Standard documentation⁽¹⁾		28	%		28	%		26	%
Stop loss		97	%		97	%		96	%
Deductible		85	%		85	%		83	%
Portfolio
Risk in-force	$	565		$	570		$	571
Average FICO score		723			724			724
Loan-to-value ratio		76	%		76	%		77	%
Standard documentation		97	%		97	%		97	%
Stop loss		100	%		100	%		100	%
Deductible		27	%		27	%		27	%
FHLB
Risk in-force	$	385		$	382		$	380
Average FICO score		743			743			743
Loan-to-value ratio		68	%		68	%		68	%
Standard documentation		88	%		88	%		88	%
Stop loss		96	%		96	%		97	%
Deductible		100	%		100	%		100	%
Other
Risk in-force	$	103		$	107		$	102
Average FICO score		717			727			671
Loan-to-value ratio		93	%		94	%		88	%
Standard documentation		99	%		100	%		100	%
Stop loss		9	%		11	%		4	%
Deductible		—			—			—
Total Bulk Risk In-force	$	1,481		$	1,487		$	1,436

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

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Aggregate Book Year Analysis Provided to Illustrate Directional Progression Toward Captive Attachment⁽¹⁾


	Original Book RIF (B)			March 31, 2008						December 31, 2007
Book Year⁽²⁾	Original Book RIF (B)		Progression to Attachment Point	Current RIF (B)		Ever to Date Incurred Losses (MM)		Captive Benefit (MM)		Current RIF (B)		Ever to Date Incurred Losses (MM)		Captive Benefit (MM)

			0-50%	$	0.5	$	10			$	0.8	$	16
			50-75%		1.6		72				1.5		56
			75-99%		0.2		11				0.4		15
			Attached		0.3		20				0.0		2

2005 Total	$	4.4		$	2.6	$	113	$	1	$	2.7	$	89	$	—

			0-50%	$	0.5	$	11			$	0.7	$	10
			50-75%		0.3		8				1.8		55
			75-99%		0.5		23				0.8		31
			Attached		2.0		113				0.1		5

2006 Total	$	4.2		$	3.3	$	155		17	$	3.4	$	101		1

			0-50%	$	4.3	$	77				6.9		56
			50-75%		1.0		23				0.0		—
			75-99%		0.8		25				0.0		—
			Attached		0.5		22				0.0		—

2007 Total	$	7.0		$	6.6	$	147		1	$	6.9	$	56		—

Captive Benefit in Quarter (MM)								$	19					$	1

⁽¹⁾

Data presented in aggregate for all trusts. Actual trust attachment and exit points will vary by individual lender contract. For purposes of this illustration, incurred losses equals change in reserves plus paid claims. The information presented excludes quota share captive reinsurance data. Progress toward captive attachment is determined at a lender level for each book year by dividing ever to date incurred losses by original RIF for that book year.

⁽²⁾	Book year figures may include loans from additional periods pursuant to reinsurance agreement terms and conditions.

Corporate and Other

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Operating Loss—Corporate and Other⁽ ¹⁾

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	5		$	4		$	8		$	5		$	7		$	24
Net investment income		20			23			12			15			15			65
Net investment gains (losses)		(10	)		(3	)		(11	)		(1	)		—			(15	)
Insurance and investment product fees and other		2			(3	)		—			(1	)		2			(2	)

Total revenues		17			21			9			18			24			72

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			1			—			1
Acquisition and operating expenses, net of deferrals⁽²⁾		6			17			9			10			21			57
Amortization of deferred acquisition costs and intangibles⁽²⁾		2			1			2			1			14			18
Interest expense		58			60			59			63			60			242

Total benefits and expenses		66			78			70			75			95			318

LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(49	)		(57	)		(61	)		(57	)		(71	)		(246	)
Benefit from income taxes		—			(19	)		(21	)		(20	)		(24	)		(84	)

LOSS FROM CONTINUING OPERATIONS		(49	)		(38	)		(40	)		(37	)		(47	)		(162	)
ADJUSTMENTS TO LOSS FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		7			1			6			—			—			7
Expenses related to reorganization, net of taxes		—			—			—			—			14			14

NET OPERATING LOSS	$	(42	)	$	(37	)	$	(34	)	$	(37	)	$	(33	)	$	(141	)

Effective tax rate (operating income)					29.9	%		35.2	%		34.1	%		33.7	%		33.2	%

⁽¹⁾	Includes inter-segment eliminations.

⁽²⁾	Includes pretax reorganization costs for an impairment of internal-use software of $13 million and $8 million of severance and other employee termination related expenses in the first quarter of 2007.

ADDITIONAL FINANCIAL DATA

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Investments Summary

(amounts in millions)


		March 31, 2008				December 31, 2007				September 30, 2007				June 30, 2007				March 31, 2007
		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 maturities		$	25,968	35	%	$	26,166	35	%	$	25,684	35	%	$	24,721	34	%	$	24,915	35	%
Private fixed maturies			10,001	14			10,425	14			10,712	15			10,692	15			10,657	15
Mortgage-backed (MBS): Residential mortgage-backed securities			2,772	4			3,260	5			3,807	5			3,794	5			3,811	5
Commerical mortgage-backed securities			4,751	6			5,148	7			5,397	7			5,480	8			5,708	8
Asset-backed (ABS): Residential mortgage-backed securities			1,290	2			1,632	2			1,927	3			2,395	3			2,187	3
Other non-residential collateral			3,358	5			3,591	5			3,423	5			3,327	5			2,807	4
Tax exempt			2,215	3			2,227	3			2,153	3			2,369	3			2,212	3
Non-investment grade fixed maturities			2,676	4			2,705	4			2,672	4			2,789	4			2,816	4
Equity securities:
Common stocks and mutual funds			34	—			47	—			62	—			58	—			53	—
Preferred stocks			360	1			319	1			185	—			143	—			147	—
Commercial mortgage loans			8,822	12			8,953	12			8,839	12			8,798	12			8,508	12
Policy loans			1,654	2			1,651	2			1,650	2			1,635	2			1,494	2
Cash, cash equivalents and short-term investments			3,873	5			3,168	4			3,149	4			2,968	4			2,261	3
Securities lending			2,443	3			2,397	3			2,279	3			2,161	3			2,179	3
Other invested assets: Limited partnerships⁽¹⁾			690	1			632	1			554	1			424	1			357	1
Derivatives:
LTC forward starting swap - cash flow			901	1			655	1			372	1			223	—			394	1
Other cash flow			62	—			15	—			9	—			3	—			6	—
Fair value			173	—			83	—			33	—			4	—			19	—
Equity index options - non-qualified			212	1			127	—			72	—			25	—			26	—
Other non-qualified			39	—			20	—			10	—			5	—			8	—
Trading portfolio			236	—			254	—			254	—			135	—			111	—
Counterparty collateral			664	1			372	1			217	—			89	—			336	1
Other⁽²⁾			78	—			44	—			—	—			364	1			315	—

Total invested assets and cash		$	73,272	100	%	$	73,891	100	%	$	73,460	100	%	$	72,602	100	%	$	71,327	100	%

Public Fixed Maturities—Credit Quality:
NAIC Designation	Rating Agency Equivalent Designation
1	Aaa	$	12,275	32	%	$	13,133	33	%	$	13,245	33	%	$	12,452	31	%	$	11,776	30	%
1	Aa		6,804	17			6,811	17			7,141	18			7,176	18			6,392	16
1	A		11,155	29			11,368	29			11,247	28			11,746	29			12,267	31
2	Baa		6,671	18			6,791	17			6,713	17			6,605	17			7,315	18
3	Ba		1,210	3			1,210	3			1,258	3			1,237	3			1,325	3
4	B		508	1			530	1			565	1			655	2			635	2
5	Caa and lower		68	—			47	—			32	—			19	—			49	—
6	In or near default		12	—			6	—			3	—			7	—			9	—
Not rated	Not rated		—	—			—	—			—	—			—	—			—	—

	Total public fixed maturities	$	38,703	100	%	$	39,896	100	%	$	40,204	100	%	$	39,897	100	%	$	39,768	100	%

Private Fixed Maturities—Credit Quality:
NAIC Designation	Rating Agency Equivalent Designation
1	Aaa	$	2,656	19	%	$	2,917	19	%	$	2,810	18	%	$	2,706	17	%	$	2,331	15	%
1	Aa		2,054	14			2,128	14			2,300	15			2,463	16			2,278	15
1	A		3,542	25			3,852	25			4,079	26			4,095	26			4,335	28
2	Baa		5,198	36			5,449	36			5,568	36			5,535	35			5,603	37
3	Ba		758	5			789	5			702	4			744	5			658	4
4	B		69	1			78	1			79	1			90	1			102	1
5	Caa and lower		28	—			26	—			27	—			30	—			30	—
6	In or near default		4	—			5	—			6	—			6	—			7	—
Not rated	Not rated		19	—			14	—			—	—			1	—			1	—

	Total private fixed maturities	$	14,328	100	%	$	15,258	100	%	$	15,571	100	%	$	15,670	100	%	$	15,345	100	%


⁽¹⁾ Limited partnerships by type:
Distressed Bond and Equity Fund		$	155			$	153			$	135			$	133			$	130
Real Estate			272				237				209				116				88
Infrastructure			121				104				92				72				30
Private Equity			67				67				63				67				73
Mezzanine			48				44				33				16				13
Strategic Equity			11				11				13				13				15
Strategic Funds			7				7				7				7				8
Oil and Gas			9				9				2				—				—

		$	690			$	632			$	554			$	424			$	357

(2) Effective September 30, 2007, the Canadian guarantee fund has been reclassified prospectively to fixed maturities. The balance as of September 30, 2007 was $455 million.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Fixed Maturities Summary

(amounts in millions)


	March 31, 2008				December 31, 2007				September 30, 2007				June 30, 2007				March 31, 2007
	Estimated Fair Value		% of Total		Estimated Fair Value		% of Total		Estimated Fair Value		% of Total		Estimated Fair Value		% of Total		Estimated Fair Value		% of Total
Fixed Maturities—Security Sector:
U.S. government, agencies & government sponsored entities	$	529	1	%	$	594	1	%	$	645	1	%	$	632	1	%	$	516	1	%
Tax exempt		2,217	4			2,228	4			2,155	4			2,371	4			2,220	4
Foreign government⁽¹⁾		2,699	5			2,432	4			2,294	4			1,725	3			1,736	3
U.S. corporate		22,974	44			23,563	43			23,540	42			24,064	44			25,013	46
Foreign corporate		12,320	23			12,579	23			12,465	22			11,657	21			10,993	20
Mortgage-backed (MBS): Residential mortgage-backed securities		2,773	5			3,262	6			3,808	7			3,794	7			3,877	7
Commercial mortgage-backed securities		4,853	9			5,263	9			5,513	10			5,600	10			5,762	10
Asset-backed (ABS): Residential mortgage-backed securities		1,307	3			1,640	3			1,930	4			2,397	4			2,187	4
Other non-residential collateral		3,359	6			3,593	7			3,425	6			3,327	6			2,809	5

Total fixed maturities⁽²⁾	$	53,031	100	%	$	55,154	100	%	$	55,775	100	%	$	55,567	100	%	$	55,113	100	%

Corporate Bond Holdings—Industry Sector:
Investment Grade:
Finance and insurance	$	11,923	36	%	$	12,203	36	%	$	12,605	37	%	$	12,542	37	%	$	12,759	38	%
Utilities and energy		6,170	19			6,174	18			5,962	18			5,885	18			6,139	18
Consumer—non cyclical		3,581	11			3,750	11			3,640	11			3,494	10			3,747	11
Consumer—cyclical		1,817	5			1,874	6			1,893	6			1,860	6			2,205	7
Capital goods		1,767	5			1,811	5			1,826	5			1,728	5			2,006	6
Industrial		1,444	4			1,520	4			1,455	4			1,413	4			1,458	4
Technology and communications		1,931	6			1,986	6			1,992	6			2,032	6			2,101	6
Transportation		1,230	4			1,237	4			1,200	3			1,059	3			1,132	3
Other		3,402	10			3,534	10			3,386	10			3,589	11			2,315	7

Subtotal	$	33,265	100	%	$	34,089	100	%	$	33,959	100	%	$	33,602	100	%	$	33,862	100	%
Non-Investment Grade:
Finance and insurance	$	232	11	%	$	272	13	%	$	212	10	%	$	224	11	%	$	251	12	%
Utilities and energy		212	11			186	9			214	11			227	11			231	11
Consumer—non cyclical		412	20			427	21			459	23			394	19			463	21
Consumer—cyclical		316	16			337	17			340	17			346	16			298	14
Capital goods		146	7			142	7			112	5			136	6			136	6
Industrial		257	13			220	11			231	11			268	13			276	13
Technology and communications		350	17			391	19			401	20			381	18			378	18
Transportation		66	3			59	3			68	3			71	3			104	5
Other		38	2			19	—			9	—			72	3			7	—

Subtotal	$	2,029	100	%	$	2,053	100	%	$	2,046	100	%	$	2,119	100	%	$	2,144	100	%

Total	$	35,294	100	%	$	36,142	100	%	$	36,005	100	%	$	35,721	100	%	$	36,006	100	%

Fixed Maturities—Contractual Maturity Dates:
Due in one year or less	$	2,211	4	%	$	2,278	4	%	$	2,045	4	%	$	2,059	4	%	$	2,192	4	%
Due after one year through five years		12,026	23			11,434	21			11,330	20			10,639	19			10,487	19
Due after five years through ten years		9,215	17			9,441	17			9,758	18			9,732	18			9,999	18
Due after ten years		17,287	33			18,243	33			17,966	32			18,019	32			17,800	32

Subtotal		40,739	77			41,396	75			41,099	74			40,449	73			40,478	73
Mortgage and asset-backed		12,292	23			13,758	25			14,676	26			15,118	27			14,635	27

Total fixed maturities	$	53,031	100	%	$	55,154	100	%	$	55,775	100	%	$	55,567	100	%	$	55,113	100	%


⁽¹⁾Effective September 30, 2007, the Canadian guarantee fund has been reclassified prospectively to fixed maturities. The balance as of September 30, 2007 was $455 million. ⁽²⁾ The following table sets forth the fair value of our fixed maturities by pricing source as of the date indicated:
	March 31, 2008
	Estimated Fair Value		% of Total
Priced via independent pricing services	$	43,354	82	%
Priced via broker expectations		2,951	5
Priced via internally developed matrices		6,684	13
Priced via other methods		42	—

Total fixed maturities	$	53,031	100	%

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Additional Information on Mortgage-backed and Asset-backed Securities Collateralized by Sub-prime Residential Mortgage Loans

(amounts in millions)

Estimated Fair Value by Vintage and Rating as of March 31, 2008:


S&P Rating	2004 and Prior		2005		First Half 2006		Second Half 2006		2007		2008		Total⁽¹⁾
AAA	$	119	$	124	$	88	$	148	$	62	$	—	$	541
AA		36		102		23		7		54		—		222

Subtotal		155		226		111		155		116		—		763
A		95		120		62		30		—		—		307
BBB		32		27		—		—		—		—		59
BB		1		2		1		—		—		—		4
B		1		1		4		—		—		—		6
Caa and lower		—		3		4								7

Total	$	284	$	379	$	182	$	185	$	116	$	—	$	1,146

Our sub-prime securities are principally backed by first lien mortgages. We do not have a significant exposure to second liens or option adjustable rate mortgages. We do not have any material exposure to mezzanine CDOs. We do not have any exposure to net interest margin deals, highly leveraged transactions or CDO-squared investments.

Estimated Fair Value by Vintage and Rating as of December 31, 2007:


S&P Rating	2004 and Prior		2005		First Half 2006		Second Half 2006		2007		Total
AAA	$	163	$	166	$	130	$	198	$	102	$	759
AA		61		112		52		13		91		329

Subtotal		224		278		182		211		193		1,088
A		87		147		81		4		—		319
BBB		30		41		1		—		—		72
BB		4		1		—		—		—		5
B		—		1		1		—		—		2
Caa and lower		—		—		—						—

Total	$	345	$	468	$	265	$	215	$	193	$	1,486

Net Unrealized Losses by Vintage and Rating as of March 31, 2008:


S&P Rating	2004 and Prior			2005			First Half 2006			Second Half 2006			2007			2008		Total
AAA	$	(6	)	$	(11	)	$	(11	)	$	(24	)	$	(21	)	$	—	$	(73	)
AA		(10	)		(34	)		(35	)		(13	)		(126	)		—		(218	)

Subtotal		(16	)		(45	)		(46	)		(37	)		(147	)		—		(291	)
A		(30	)		(99	)		(109	)		(13	)		—			—		(251	)
BBB		(6	)		(20	)		—			—			—			—		(26	)
BB		(1	)		(2	)		(2	)		—			—			—		(5	)
B		(1	)		—			(5	)		—			—			—		(6	)
Caa and lower		—			(1	)		—			—			—			—		(1	)

Total	$	(54	)	$	(167	)	$	(162	)	$	(50	)	$	(147	)	$	—	$	(580	)

⁽¹⁾	Our fixed maturity portfolio includes residential mortgage-backed and asset-backed securities collateralized by sub-prime residential mortgage loans. The following table sets forth the fair value of these sub-prime investments by pricing source as of the date indicated:


	March 31, 2008
	Estimated Fair Value		% of Total
Priced via independent pricing services	$	1,076	94	%
Priced via broker expectations		68	6
Priced via internally developed matrices		2	—

Total sub-prime investments	$	1,146	100	%

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Additional Information on Mortgage-backed and Asset-backed Securities Collateralized by Alt-A Residential Mortgage Loans

(amounts in millions)


Estimated Fair Value by Vintage and Rating as of March 31, 2008:
S&P Rating	2004 and Prior		2005		First Half 2006		Second Half 2006		2007		2008		Total⁽¹⁾
AAA	$	135	$	167	$	106	$	46	$	83	$	—	$	537
AA		20		187		54		1		4		—		266

Subtotal		155		354		160		47		87		—		803
A		45		57		27		2		—		—		131
BBB		3		6		7		—		—		—		16
B		—		—		1		—		—		—		1
Caa and lower		—		1		—		—		—		—		1

Total	$	203	$	418	$	195	$	49	$	87	$	—	$	952


Estimated Fair Value by Vintage and Rating as of December 31, 2007:
S&P Rating	2004 and Prior		2005		First Half 2006		Second Half 2006		2007		Total
AAA	$	214	$	262	$	126	$	36	$	81	$	719
AA		32		274		99		—		18		423

Subtotal		246		536		225		36		99		1,142
A		71		130		61		10		2		274
BBB		10		15		6		—		—		31
B		—		—		1		—		—		1
Caa and lower		—		1		—		—		—		1

Total	$	327	$	682	$	293	$	46	$	101	$	1,449


Net Unrealized Losses by Vintage and Rating as of March 31, 2008:
S&P Rating	2004 and Prior			2005			First Half 2006			Second Half 2006			2007			2008		Total
AAA	$	(14	)	$	(32	)	$	(17	)	$	(12	)	$	(34	)	$	—	$	(109	)
AA		(9	)		(70	)		(32	)		(4	)		(1	)		—		(116	)

Subtotal		(23	)		(102	)		(49	)		(16	)		(35	)		—		(225	)
A		(8	)		(37	)		(17	)		—			—			—		(62	)
BBB		(4	)		(9	)		(8	)		—			—			—		(21	)
B		—			—			—			—			—			—		—
Caa and lower		—			—			—			—			—			—		—

Total	$	(35	)	$	(148	)	$	(74	)	$	(16	)	$	(35	)	$	—	$	(308	)

⁽¹⁾	Our fixed maturity portfolio includes residential mortgage-backed and asset-backed securities collateralized by Alt-A residential mortgage loans. The following table sets forth the fair value of these Alt-A investments by pricing source as of the date indicated:


	March 31, 2008
	Estimated Fair Value		% of Total
Priced via independent pricing services	$	774	81	%
Priced via broker expectations		169	18
Priced via internally developed matrices		9	1

Total Alt-A investments	$	952	100	%

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Additional Information on Commercial Mortgage-backed Securities

(amounts in millions)


Estimated Fair Value by Vintage and Rating as of March 31, 2008:
S&P Rating	2004 and Prior		2005		2006		2007		2008		Total⁽¹⁾
AAA	$	2,164	$	297	$	605	$	524	$	—	$	3,590
AA		83		88		248		141		—		560

Subtotal		2,247		385		853		665		—		4,150
A		82		59		117		113		—		371
BBB		100		24		69		37		—		230
BB		49		2		—		—		—		51
B		22		—		—		—		—		22
Caa and lower		5		—		23		—		—		28
In or near default		1		—		—		—		—		1

Total	$	2,506	$	470	$	1,062	$	815	$	—	$	4,853


Estimated Fair Value by Vintage and Rating as of December 31, 2007:
S&P Rating	2004 and Prior		2005		2006		2007		Total
AAA	$	2,225	$	311	$	631	$	579	$	3,746
AA		113		102		301		160		676

Subtotal		2,338		413		932		739		4,422
A		112		64		142		131		449
BBB		117		35		81		44		277
BB		54		4		—		—		58
B		27		—		—		—		27
Caa and lower		5		—		24		—		29
In or near default		1		—		—		—		1

Total	$	2,654	$	516	$	1,179	$	914	$	5,263


Net Unrealized Losses by Vintage and Rating as of March 31, 2008:
S&P Rating	2004 and Prior			2005			2006			2007			2008		Total
AAA	$	(5	)	$	(39	)	$	(49	)	$	(59	)	$	—	$	(152	)
AA		(10	)		(21	)		(41	)		(34	)		—		(106	)

Subtotal		(15	)		(60	)		(90	)		(93	)		—		(258	)
A		(20	)		(18	)		(32	)		(35	)		—		(105	)
BBB		(20	)		(11	)		(16	)		(13	)		—		(60	)
BB		(2	)		(2	)		—			—			—		(4	)
B		(1	)		—			—			—			—		(1	)
Caa and lower		1			—			(2	)		—			—		(1	)
In or near default		—			—			—			—			—		—

Total	$	(57	)	$	(91	)	$	(140	)	$	(141	)	$	—	$	(429	)

⁽¹⁾

Our fixed maturity portfolio includes commercial mortgage-backed securities. As of March 31, 2008, 64% of our commercial mortgage-backed securities related to loans with fixed interest rates, and 36% related to loans with floating interest rates. The average original loan-to-value ratio for commercial mortgage-backed securities included in our fixed maturity portfolio is 53%.

The following table sets forth the fair value of these investments by pricing source as of the date indicated:


	March 31, 2008
	Estimated Fair Value		% of Total
Priced via independent pricing services	$	4,128	85	%
Priced via broker expectations		621	13
Priced via internally developed matrices		104	2

Total commercial mortgage backed securities	$	4,853	100	%

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Commercial Mortgage Loans Summary

(amounts in millions)


	March 31, 2008					December 31, 2007					September 30, 2007					June 30, 2007					March 31, 2007
Summary of Commercial Mortgage Loans	Carrying Amount			% of Total		Carrying Amount			% of Total		Carrying Amount			% of Total		Carrying Amount			% of Total		Carrying Amount			% of Total
*Geographic Region*
Pacific	$	2,323		26	%	$	2,339		26	%	$	2,317		26	%	$	2,333		26	%	$	2,303		27	%
South Atlantic		2,023		23			2,057		23			2,073		23			1,967		22			1,870		22
Middle Atlantic		1,155		13			1,226		14			1,110		13			1,122		13			1,124		13
East North Central		857		10			874		10			872		10			860		10			858		10
Mountain		790		9			794		9			790		9			764		9			821		10
West South Central		398		5			409		4			388		4			369		4			344		4
West North Central		467		5			464		5			468		5			551		7			549		7
East South Central		294		3			296		3			316		4			293		3			292		3
New England		528		6			514		6			522		6			553		6			360		4

Subtotal		8,835		100	%		8,973		100	%		8,856		100	%		8,812		100	%		8,521		100	%

Allowance for losses		(21	)				(26	)				(21	)				(18	)				(17	)
Unamortized fees and costs		8					6					4					4					4

Total	$	8,822				$	8,953				$	8,839				$	8,798				$	8,508

*Property Type*
Office	$	2,371		27	%	$	2,454		27	%	$	2,422		27	%	$	2,463		28	%	$	2,364		28	%
Industrial		2,292		26			2,326		26			2,322		26			2,315		26			2,258		27
Retail		2,476		27			2,465		27			2,438		28			2,369		27			2,238		26
Apartments		1,031		12			1,054		12			975		11			962		11			972		11
Mixed use/other		665		8			674		8			699		8			703		8			689		8

Subtotal		8,835		100	%		8,973		100	%		8,856		100	%		8,812		100	%		8,521		100	%

Allowance for losses		(21	)				(26	)				(21	)				(18	)				(17	)
Unamortized fees and costs		8					6					4					4					4

Total	$	8,822				$	8,953				$	8,839				$	8,798				$	8,508

	Principal Balance			% of Total		Principal Balance			% of Total		Principal Balance			% of Total		Principal Balance			% of Total		Principal Balance			% of Total
*Loan Size*
Under $5 million	$	3,631		41	%	$	3,671		41	%	$	3,691		42	%	$	3,684		42	%	$	3,583		42	%
$5 million but less than $10 million		2,080		24			2,073		23			2,064		23			2,039		23			1,944		23
$10 million but less than $20 million		1,630		18			1,646		18			1,635		19			1,636		19			1,674		20
$20 million but less than $30 million		431		5			442		5			485		5			490		5			461		5
$30 million and over		1,055		12			1,116		13			981		11			963		11			859		10

Subtotal		8,827		100	%		8,948		100	%		8,856		100	%		8,812		100	%		8,521		100	%

Net premium/discount		8					25					—					—					—

Total	$	8,835				$	8,973				$	8,856				$	8,812				$	8,521

	March 31, 2008					December 31, 2007					September 30, 2007					June 30, 2007					March 31, 2007
*Allowance for Losses on Commercial Mortgage Loans*
Beginning balance	$	26				$	21				$	18				$	17				$	15
Provisions		—					5					3					1					2
Releases		(5	)				—					—					—					—

Ending balance	$	21				$	26				$	21				$	18				$	17

Commercial Mortgage Loan Information by Vintage

(loan amounts in millions)

As of March 31, 2008


Loan year	Total loan balance		Delinquent loan balance		Number of loans	Number of delinquent loans	Average balance per loan		Average balance per delinquent loan	Average loan-to- value⁽¹⁾
2004 and prior	$	3,498	$	—	1,282	—	$	3	NA	39	%
2005		1,818		—	346	—		5	NA	50	%
2006		1,673		—	310	—		5	NA	41	%
2007		1,710		—	235	—		7	NA	29	%
2008		128		—	91	—		1	NA	57	%

Total	$	8,827	$	—	2,264	—	$	4	NA	39	%

⁽¹⁾	Represents loan-to-value at origination.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

General Account GAAP Net Investment Income Yields

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
GAAP Net Investment Income
Fixed maturities—taxable	$	764		$	802		$	821		$	792		$	774		$	3,189
Fixed maturities—non-taxable		25			25			26			26			25			102
Commercial mortgage loans		143			142			142			134			130			548
Equity securities		10			11			6			7			7			31
Other invested assets		18			19			11			17			6			53
Limited partnerships⁽¹⁾		6			9			26			5			4			44
Policy loans		39			38			36			36			34			144
Cash, cash equivalents and short-term investments		25			32			28			32			27			119

Gross investment income before expenses and fees		1,030			1,078			1,096			1,049			1,007			4,230
Expenses and fees		(28	)		(25	)		(22	)		(25	)		(23	)		(95	)

Net investment income	$	1,002		$	1,053		$	1,074		$	1,024		$	984		$	4,135

Annualized Yields
Fixed maturities—taxable		5.7	%		5.9	%		6.1	%		6.0	%		5.9	%		6.0	%
Fixed maturities—non-taxable		4.6	%		4.6	%		4.8	%		4.6	%		4.8	%		4.7	%
Commercial mortgage loans		6.4	%		6.4	%		6.4	%		6.2	%		6.2	%		6.3	%
Equity securities		11.2	%		16.0	%		13.4	%		16.1	%		15.2	%		14.5	%
Other invested assets		10.9	%		16.6	%		9.8	%		13.9	%		5.5	%		11.2	%
Limited partnerships⁽¹⁾		3.3	%		5.9	%		21.2	%		4.9	%		5.3	%		9.9	%
Policy loans		9.4	%		9.2	%		9.0	%		9.2	%		9.0	%		9.1	%
Cash, cash equivalents and short-term investments		2.9	%		4.0	%		3.6	%		5.0	%		4.6	%		4.2	%

Gross investment income before expenses and fees		5.8	%		6.0	%		6.2	%		6.0	%		5.9	%		6.0	%
Expenses and fees		-0.2	%		-0.1	%		-0.1	%		-0.1	%		-0.1	%		-0.1	%

Net investment income		5.6	%		5.9	%		6.1	%		5.9	%		5.8	%		5.9	%

Yields for fixed maturities 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.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail

(amounts in millions)


	2008			2007
	Q1			Q4
Net Investment Gains (Losses), Net of Taxes and Other Adjustments
Net realized gains (losses) on available-for-sale securities:
U.S. corporate fixed maturities	$	(1	)	$	1
Foreign government		2			—
Mortgage-backed (MBS) fixed maturities		—			(5	)
Asset-backed (ABS) fixed maturities		—			(1	)
Equity securities		1			2

Total net realized gains (losses) on available-for-sale securities		2			(3	)

Impairments:
Public corporate fixed maturities		(32	)		(19	)
Limited partnerships		—			(1	)
Equity securities		—			(3	)
Alt-A residential mortgage-backed securities
A		(20	)		(7	)
BBB		(10	)		(7	)
Below BBB		(17	)		(8	)
Sub-prime residential mortgage-backed securities
AA		(2	)		(18	)
A		(3	)		—
BBB		(8	)		(19	)
Below BBB		(15	)		(34	)
Commercial mortgage-backed securities (CMBS)
A		(3	)		—
BBB		(1	)		—
Below BBB		(3	)		—
Prime residential mortgage-backed securities
A		(5	)		—
BBB		(1	)		—
Other mortgage-backed securities		(1	)		(7	)

Total impairments		(121	)		(123	)

Net unrealized gains (losses) on trading securities		(5	)		(7	)
Derivative instruments		(22	)		(3	)
Bank loans		(2	)		—
Commercial mortgage loans held-for-sale market valuation allowance		1			(3	)

Net investment gains (losses), net of taxes		(147	)		(139	)

DAC and other intangible amortization related to net investment gains (losses)		19			5

Net investment gains (losses), net of taxes and other adjustments	$	(128	)	$	(134	)

RECONCILIATIONS OF NON-GAAP MEASURES

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Reconciliation of Operating ROE

(amounts in millions)


	Twelve months ended
Twelve Month Rolling Average ROE	March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007
GAAP Basis ROE
Net income for the twelve months ended⁽¹⁾	$	1,012		$	1,220		$	1,415		$	1,380		$	1,318
Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	12,549		$	12,431		$	12,310		$	12,181		$	12,046
GAAP Basis ROE⁽¹⁾ divided by⁽²⁾		8.1	%		9.8	%		11.5	%		11.3	%		10.9	%

Operating ROE
Net operating income for the twelve months ended⁽¹⁾	$	1,277		$	1,373		$	1,414		$	1,343		$	1,320
Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	12,549		$	12,431		$	12,310		$	12,181		$	12,046
Operating ROE⁽¹⁾ divided by⁽²⁾		10.2	%		11.0	%		11.5	%		11.0	%		11.0	%

⁽¹⁾	The twelve months ended information is derived by adding the four quarters of net income and net operating income from page 9 herein.

⁽²⁾	Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (loss), is derived by averaging ending stockholders’ equity, excluding accumulated other comprehensive income (loss), but including equity related to discontinued operations, for the most recent five quarters.


	Three months ended
Quarterly Average ROE	March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007
GAAP Basis ROE
Net income for the period ended⁽³⁾	$	116		$	178		$	339		$	379		$	324
Average stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	12,756		$	12,686		$	12,518		$	12,307		$	12,185
Annualized GAAP Quarterly Basis ROE ⁽³⁾ divided by⁽⁴⁾		3.6	%		5.6	%		10.8	%		12.3	%		10.6	%

Operating ROE
Net operating income for the period ended⁽³⁾	$	244		$	314		$	368		$	351		$	340
Average stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	12,756		$	12,686		$	12,518		$	12,307		$	12,185
Annualized Operating Quarterly Basis ROE ⁽³⁾ divided by⁽⁴⁾		7.7	%		9.9	%		11.8	%		11.4	%		11.2	%

⁽³⁾	Net income and net operating income from page 9 herein.

⁽⁴⁾	Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (loss), is derived by averaging ending stockholders’ equity, excluding accumulated other comprehensive income (loss), but including equity related to discontinued operations.

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 divided by average ending stockholders’ equity, excluding accumulated other comprehensive income (loss) (AOCI) in average ending 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 divided by average ending stockholders’ equity.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Reconciliation of Expense Ratio

(amounts in millions)


	2008			2007
	Q1			Q4			Q3			Q2			Q1			Total
GAAP Basis Expense Ratio
Acquisition and operating expenses, net of deferrals⁽¹⁾	$	528		$	551		$	540		$	495		$	489		$	2,075
Total revenues⁽²⁾	$	2,753		$	2,775		$	2,875		$	2,765		$	2,710		$	11,125

Expense ratio⁽¹⁾ divided by⁽²⁾		19.2	%		19.9	%		18.8	%		17.9	%		18.0	%		18.7	%

GAAP Basis, As Adjusted – Expense Ratio
Acquisition and operating expenses, net of deferrals	$	528		$	551		$	540		$	495		$	489		$	2,075
Less wealth management		67			70			69			65			60			264
Less payment protection insurance business		200			199			218			183			181			781
Less expenses related to reorganization^(a)		—			—			—			—			8			8

Adjusted acquisition and operating expenses, net of deferrals⁽³⁾	$	261		$	282		$	253		$	247		$	240		$	1,022

Total revenues	$	2,753		$	2,775		$	2,875		$	2,765		$	2,710		$	11,125
Less wealth management		87			90			88			82			76			336
Less payment protection insurance business		418			398			410			363			357			1,528
Less net investment gains (losses)		(226	)		(214	)		(48	)		(51	)		(19	)		(332	)

Adjusted total revenues⁽⁴⁾	$	2,474		$	2,501		$	2,425		$	2,371		$	2,296		$	9,593

Adjusted expense ratio⁽³⁾ divided by ⁽⁴⁾		10.5	%		11.3	%		10.4	%		10.4	%		10.5	%		10.7	%

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 wealth management and payment protection Insurance businesses. The wealth management and payment protection insurance businesses are excluded from this ratio as their expense bases are comprised of varying levels of non-deferrable acquisition costs. Management believes that the expense ratio analysis enhances understanding of the productivity of the company. However, the expense ratio as defined by the company should not be viewed as a substitute for GAAP acquisition and operating expenses, net of deferrals, divided by total revenues.

^(a)	Includes severance and other employee related expenses associated with our reorganization announced in the first quarter of 2007.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Reconciliation of Core Premiums

(amounts in millions)


	2008			2007
	Q1			Q4		Q3		Q2		Q1		Total
Reported premiums	$	1,717		$	1,670	$	1,600	$	1,549	$	1,511	$	6,330
Less retirement income—spread-based premiums		167			135		118		151		154		558
Less impact of changes in foreign exchange rates		25

Core premiums	$	1,909		$	1,805	$	1,718	$	1,700	$	1,665	$	6,888

Reported premium percentage change from prior year		13.6	%
Core premium percentage change from prior year		14.7	%

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 our retirement income—spread-based business and the impact of changes in foreign exchange rates. The retirement income—spread-based 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.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Reconciliation of Core Yield


		2008			2007
	(Assets - amounts in billions)	Q1			Q4			Q3			Q2			Q1			Total
	Reported—Total Invested Assets and Cash	$	73.3		$	73.9		$	73.5		$	72.6		$	71.3		$	73.9
	Subtract:
	Securities lending		2.4			2.4			2.3			2.2			2.2			2.4
	Unrealized gains (losses)		(1.6	)		(0.3	)		(0.3	)		(0.2	)		1.0			(0.3	)
	Derivative counterparty collateral		0.7			0.4			0.2			0.1			0.3			0.4

	Adjusted end-of-period invested assets	$	71.8		$	71.4		$	71.3		$	70.5		$	67.8		$	71.4


(A)	Average Invested Assets used in Reported and Core Yield Calculation	$	71.6		$	71.4		$	70.9		$	69.2		$	67.5		$	69.6
	Subtract: portfolios supporting floating and short-term products		14.1			14.1			14.2			13.4			12.2			13.5

(B)	Average Invested Assets used in Core Yield (excl. Floating & Short-Term) Calculation	$	57.5		$	57.3		$	56.7		$	55.8		$	55.3		$	56.1

	(Income - amounts in millions)
(C)	Reported - Net Investment Income	$	1,002		$	1,053		$	1,074		$	1,024		$	984		$	4,135
	Subtract:
	Bond calls and commercial mortgage loan prepayments		12			6			14			22			10			52
	Reinsurance and reclassification⁽¹⁾		15			15			26			18			9			68
	Other non-core items⁽²⁾		(1	)		5			1			1			6			13

(D)	Core Net Investment Income		976			1,027			1,033			983			959			4,002
	Subtract: investment income from portfolios supporting floating and short-term products		164			205			209			196			180			790

(E)	Core Net Investment Income (excl. Floating and Short-Term)	$	812		$	822		$	824		$	787		$	779		$	3,212

(C) / (A)	Reported Yield		5.60	%		5.90	%		6.06	%		5.92	%		5.84	%		5.94	%
(D) / (A)	Core Yield⁽³⁾		5.45	%		5.75	%		5.83	%		5.69	%		5.69	%		5.75	%
(E) / (B)	Core Yield (excl. Floating and Short-Term)⁽³⁾		5.65	%		5.74	%		5.81	%		5.65	%		5.64	%		5.72	%

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⁾

Represents imputed investment income related to a reinsurance agreement in our payment protection business. The third quarter of 2007 reflects an expense reclassification of $16 million from net investment income to acquisition and operating expenses, net of deferrals. The reclassification is associated with exit fee accruals for the guarantee fund that the Canadian government requires us to maintain in the event of insolvency. Prior periods were not restated as the adjustment is immaterial to the current period and all prior periods.

⁽²⁾	Includes consent fees, return of investment and various other immaterial items.

⁽³⁾

Beginning in 2007, limited partnership assets and investment income were allocated to the operating segments from Corporate and Other. The core yield calculation has been adjusted to include limited partnership assets and investment income to reflect the diversified portfolio strategy used to support the retirement and protection business liabilities.

CORPORATE INFORMATION

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Industry Ratings

Our principal life insurance subsidiaries are rated by A.M. Best, Standard and Poors (S&P), Moody’s and Fitch as follows:


Company	A.M. Best	S&P	Moody’s	Fitch
Genworth Life Insurance Company	A+	AA-	Aa3	AA-
Genworth Life Insurance Company (short term rating)	Not rated	A-1+	P-1	Not rated
Genworth Life and Annuity Insurance Company	A+	AA-	Aa3	AA-
Genworth Life and Annuity Insurance Company (short term rating)	Not rated	A-1+	P-1	Not rated
Genworth Life Insurance Company of New York	A+	AA-	Aa3	AA-
Continental Life Insurance Company of Brentwood, Tennessee	A	Not rated	Not rated	Not rated

Our mortgage insurance subsidiaries are rated by S&P, Moody’s and Fitch as follows:


Company	S&P	Moody’s	Fitch
Genworth Mortgage Insurance Corporation	AA	Aa2	AA
Genworth Financial Mortgage Insurance Pty. Limited	AA	Aa2	AA
Genworth Financial Mortgage Insurance Limited	AA	Aa2	AA
Genworth Residential Mortgage Insurance Corporation of NC	AA	Aa2	AA
Genworth Financial Assurance Corporation	Not rated	Aa2	AA
Genworth Financial Mortgage Insurance Company Canada⁽¹⁾	AA	Not rated	Not rated
Genworth Seguros de Credito a la Vivienda S.A. de C.V.	mxAAA	Aaa.mx	AAA(mex)

⁽¹⁾	Genworth Financial Mortgage Insurance Company Canada is also rated “AA” by Dominion Bond Rating Service (DBRS).

The A.M. Best, S&P, Moody’s and Fitch ratings 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 our securities.

A.M. Best states that its “A+” (Superior) rating is assigned to those companies that have, in its opinion, a superior ability to meet their ongoing obligations to policyholders. The “A+” (Superior) rating is the second-highest of fifteen ratings assigned by A.M. Best, which range from “A++” to “F.”

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. The “AA” range is the second-highest of the four ratings ranges that meet these criteria, and also is the second-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. Accordingly, the “AA” and “AA-” ratings are the third- and fourth-highest of S&P’s 21 ratings categories. The short-term “A-1” rating is the highest rating and shows the capacity to meet financial commitments is strong. Within this category, the designation of a plus sign (+) indicates capacity to meet its financial commitments is extremely strong. An obligor rated “mxAAA” has a very strong capacity to meet its financial commitments relative to that of other Mexican obligors. The “mxAAA” rating is the highest enterprise credit rating assigned on S&P's CaVal national scale.

GENWORTH FINANCIAL, INC.

1Q 2008 FINANCIAL SUPPLEMENT

Industry Ratings (continued)

Moody’s states that insurance companies rated “Aa” (Excellent) offer excellent financial security. Moody’s states that companies in this group constitute what are generally known as high-grade companies. The “Aa” range is the second-highest 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. Accordingly, the “Aa2” and “Aa3” ratings are the third-and fourth-highest of Moody’s 21 ratings categories. Short-term rating “P-1” is the highest rating and shows superior ability for repayment of short-term debt obligations. Issuers or issues rated “Aaa.mx” demonstrate the strongest creditworthiness relative to other issuers in Mexico.

Fitch states that “AA” (Very Strong) rated insurance companies are viewed as possessing very strong capacity to meet policyholder and contract obligations, risk factors are modest, and the impact of any adverse business and economic factors is expected to be very small. The “AA” rating category is the second-highest of eight financial strength rating categories, which range from “AAA” to “C.” The symbol (+) or (-) may be appended to a rating to indicate the relative position of a credit within a rating category. These suffixes are not added to ratings in the “AAA” category or to ratings below the “CCC” category. Accordingly, the “AA” and “AA-” ratings are the third- and fourth-highest of Fitch’s 21 ratings categories. The “AAA(mex)” rating denotes the highest rating assigned within the scale for Mexico. The rating is assigned to the policyholder obligations of the “best” insurance entities relative to all other issuers or issues in Mexico, across all industries and obligation types.

DBRS states that long-term debt rated “AA” is of superior credit quality, and protection of interest and principal is considered high. In many cases they differ from long-term debt rated “AAA” only to a small degree. Given the extremely restrictive definition DBRS has for the “AAA” category, entities rated “AA” are also considered to be strong credits, typically exemplifying above-average strength in key areas of consideration and unlikely to be significantly affected by reasonably foreseeable events.

A.M. Best, S&P, Moody’s, Fitch and DBRS review their ratings periodically and we cannot assure you that we will maintain our current ratings in the future. Other agencies may also rate our company or our 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:

Alicia Charity, 804-662-2248

Alicia.Charity@genworth.com

Kelly Groh, 804-281-6321

Kelly.Groh@genworth.com