Exhibit 99.1

Exhibit 99.1

LOGO

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT


Table of Contents		Page
Investor Letter		3
Use of Non-GAAP Measures and Selected Operating Performance Measures		4
Financial Highlights		5

*Second Quarter Results*
Net Income		7
Net Operating Income by Segment		8
Consolidated Net Income by Quarter		9
Net Operating Income by Segment by Quarter		10
Consolidated Balance Sheets		11-12
Consolidated Balance Sheets by Segment		13-14
Deferred Acquisition Costs Rollforward		15

*Quarterly Results by Segment*
Net Operating Income by Segment		17-20
Net Operating Income and Sales—Retirement and Protection		21-33
Net Operating Income and Sales—International		34-43
Net Operating Income and Sales—U.S. Mortgage Insurance		44-54
Net Operating Loss—Corporate and Other		55-56

*Additional Financial Data*
Investments Summary		58
Fixed Maturities Summary		59
Additional Information on Mortgage-backed and Asset-backed Securities Collateralized by Sub-prime Residential Mortgage Loans		60
Additional Information on Mortgage-backed and Asset-backed Securities Collateralized by Alt-A Residential Mortgage Loans		61
Additional Information on Commercial Mortgage-backed Securities		62
Commercial Mortgage Loans Summary		63
General Account GAAP Net Investment Income Yields		64
Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail		65

*Reconciliations of Non-GAAP Measures*
Reconciliation of Operating ROE		67
Reconciliation of Expense Ratio		68
Reconciliation of Core Premiums		69
Reconciliation of Core Yield		70

*Corporate Information*
Industry Ratings		72-73

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Dear Investor,

You will note that this second quarter supplement has several important new disclosures in an effort to provide additional transparency into our financial trends. In the International segment, we added reserve information for Canada and Australia as well as delinquency rates by region for each country. These can be found on pages 40 and 41.

Once again, thank you for your continued interest in Genworth Financial and please feel free to call with any questions or comments.

Regards,

Alicia Charity

Vice President

Investor Relations

804-662-2248

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Use of Non-GAAP Measures

This financial supplement includes the non-GAAP⁽¹⁾ financial measure entitled “net operating income (loss).” Our chief operating decision maker evaluates segment performance and allocates resources on the basis of net operating income (loss). 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) is 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 (loss) 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 (loss), and measures that are derived from or incorporate net operating income (loss), 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 (loss) may differ from the definitions used by other companies. The table on page 8 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 and six months ended June 30, 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 66 through 70 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 known as Managed Money.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Financial Highlights

(amounts in millions, except per share data)


Balance Sheet Data	2008						2007
	Q2			Q1			Q4			Q3			Q2			Q1
Total stockholders’ equity, excluding accumulated other comprehensive income (loss)	$	12,616		$	12,760		$	12,751		$	12,620		$	12,416		$	12,197
Total accumulated other comprehensive income (loss)		(271	)		(35	)		727			697			550			1,111

Total stockholders’ equity	$	12,345		$	12,725		$	13,478		$	13,317		$	12,966		$	13,308

Book value per common share	$	28.52		$	29.41		$	30.92		$	30.32		$	29.30		$	30.43
Book value per common share, excluding accumulated other comprehensive income (loss)	$	29.14		$	29.49		$	29.25		$	28.73		$	28.05		$	27.89
Common shares outstanding as of balance sheet date		432.9			432.7			435.9			439.2			442.6			437.4
	Twelve months ended
Twelve Month Rolling Average ROE	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007
GAAP Basis ROE		4.1	%		8.1	%		9.8	%		11.5	%		11.3	%
Operating ROE		9.0	%		10.2	%		11.0	%		11.5	%		11.0	%

	Three months ended
Quarterly Average ROE	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007
GAAP Basis ROE		-3.4	%		3.6	%		5.6	%		10.8	%		12.3	%
Operating ROE		6.7	%		7.7	%		9.9	%		11.8	%		11.4	%
See page 67 herein for a reconciliation of GAAP Basis ROE to Operating ROE.
Basic and Diluted Shares	Three months ended June 30, 2008			Six months ended June 30, 2008
Weighted-average shares used in basic earnings per common share calculations		432.9			433.3
Potentially dilutive securities:
Stock options, restricted stock units and stock appreciation rights		—			1.5

Weighted-average shares used in diluted earnings per common share calculations		432.9			434.8

Second Quarter Results

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Income

(amounts in millions)


	Three months ended June 30,						Six months ended June 30,
	2008			2007			2008			2007
REVENUES:
Premiums	$	1,709		$	1,549		$	3,426		$	3,060
Net investment income		953			1,024			1,955			2,008
Net investment gains (losses)		(518	)		(51	)		(744	)		(70	)
Insurance and investment product fees and other		254			243			514			477

Total revenues		2,398			2,765			5,151			5,475

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,386			1,090			2,787			2,157
Interest credited		320			391			665			776
Acquisition and operating expenses, net of deferrals		551			495			1,079			984
Amortization of deferred acquisition costs and intangibles		209			207			412			420
Interest expense		110			124			222			231

Total benefits and expenses		2,576			2,307			5,165			4,568

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(178	)		458			(14	)		907
Provision (benefit) for income taxes		(69	)		137			(21	)		272
Effective tax rate		38.8	%		29.9	%		150.0	%		30.0	%

INCOME (LOSS) FROM CONTINUING OPERATIONS		(109	)		321			7			635
Income from discontinued operations, net of taxes		—			5			—			15
Gain on sale of discontinued operations, net of taxes		—			53			—			53

NET INCOME (LOSS)	$	(109	)	$	379		$	7		$	703

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment

(amounts in millions, except per share amounts)


		Three months ended June 30,						Six months ended June 30,
		2008			2007			2008			2007
Retirement and Protection:
Wealth Management⁽¹⁾		$	11		$	11		$	23		$	21
Retirement Income			13			43			49			89
Institutional			5			10			16			24
Life Insurance			87			75			152			153
Long-Term Care Insurance			34			41			72			78

Total Retirement and Protection			150			180			312			365
International:
International Mortgage Insurance	—Canada		83			59			158			114
	—Australia		50			44			97			80
	—Other		1			4			1			7
Payment Protection Insurance			49			35			87			64

Total International			183			142			343			265
U.S. Mortgage Insurance			(59	)		66			(95	)		131
Corporate and Other			(62	)		(37	)		(104	)		(70	)

NET OPERATING INCOME⁽²⁾			212			351			456			691

ADJUSTMENTS TO NET OPERATING INCOME:
Income from discontinued operations, net of taxes			—			5			—			15
Gain on sale of discontinued operations, net of taxes			—			53			—			53
Net investment gains (losses), net of taxes and other adjustments⁽³⁾			(321	)		(30	)		(449	)		(42	)
Expenses related to reorganization, net of taxes			—			—			—			(14	)

NET INCOME (LOSS)		$	(109	)	$	379		$	7		$	703

Earnings Per Share Data:
Earnings per common share
Basic		$	(0.25	)	$	0.86		$	0.02		$	1.60
Diluted		$	(0.25	)	$	0.84		$	0.02		$	1.56
Net operating earnings per common share
Basic		$	0.49		$	0.80		$	1.05		$	1.57
Diluted		$	0.49		$	0.78		$	1.05		$	1.53
Shares outstanding
Basic			432.9			439.4			433.3			440.2
Diluted			432.9			449.0			434.8			452.0

⁽¹⁾	Formerly known 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 65 for details on second quarter 2008 net investment gains (losses), net of taxes and other adjustments.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Consolidated Net Income by Quarter

(amounts in millions, except per share amounts)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	1,709		$	1,717		$	3,426		$	1,670		$	1,600		$	1,549		$	1,511		$	6,330
Net investment income		953			1,002			1,955			1,053			1,074			1,024			984			4,135
Net investment gains (losses)		(518	)		(226	)		(744	)		(214	)		(48	)		(51	)		(19	)		(332	)
Insurance and investment product fees and other		254			260			514			266			249			243			234			992

Total revenues		2,398			2,753			5,151			2,775			2,875			2,765			2,710			11,125

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,386			1,401			2,787			1,255			1,168			1,090			1,067			4,580
Interest credited		320			345			665			385			391			391			385			1,552
Acquisition and operating expenses, net of deferrals		551			528			1,079			551			540			495			489			2,075
Amortization of deferred acquisition costs and intangibles		209			203			412			209			202			207			213			831
Interest expense		110			112			222			126			124			124			107			481

Total benefits and expenses		2,576			2,589			5,165			2,526			2,425			2,307			2,261			9,519

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(178	)		164			(14	)		249			450			458			449			1,606
Provision (benefit) for income taxes		(69	)		48			(21	)		69			111			137			135			452

INCOME (LOSS) FROM CONTINUING OPERATIONS		(109	)		116			7			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 (LOSS)	$	(109	)	$	116		$	7		$	178		$	339		$	379		$	324		$	1,220


Earnings Per Share Data:
Earnings from continuing operations per common share
Basic	$	(0.25	)	$	0.27		$	0.02		$	0.41		$	0.77		$	0.73		$	0.71		$	2.62
Diluted	$	(0.25	)	$	0.27		$	0.02		$	0.41		$	0.76		$	0.72		$	0.69		$	2.58
Earnings per common share
Basic	$	(0.25	)	$	0.27		$	0.02		$	0.41		$	0.77		$	0.86		$	0.74		$	2.77
Diluted	$	(0.25	)	$	0.27		$	0.02		$	0.40		$	0.76		$	0.84		$	0.71		$	2.73
Shares outstanding
Basic		432.9			433.6			433.3			437.4			441.1			439.4			441.0			439.7
Diluted		432.9			436.8			434.8			441.1			445.6			449.0			455.0			447.6

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment by Quarter

(amounts in millions, except per share amounts)


		2008									2007
		Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
Retirement and Protection:
Wealth Management		$	11		$	12		$	23		$	12		$	11		$	11		$	10		$	44
Retirement Income			13			36			49			41			82			43			46			212
Institutional			5			11			16			9			10			10			14			43
Life Insurance			87			65			152			76			81			75			78			310
Long-Term Care Insurance			34			38			72			36			39			41			37			153

Total Retirement and Protection			150			162			312			174			223			180			185			762
International:
International Mortgage Insurance	—Canada		83			75			158			88			68			59			55			270
	—Australia		50			47			97			40			36			44			36			156
	—Other		1			—			1			16			6			4			3			29
Payment Protection Insurance			49			38			87			36			30			35			29			130

Total International			183			160			343			180			140			142			123			585
U.S. Mortgage Insurance			(59	)		(36	)		(95	)		(3	)		39			66			65			167
Corporate and Other			(62	)		(42	)		(104	)		(37	)		(34	)		(37	)		(33	)		(141	)

NET OPERATING INCOME			212			244			456			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			(321	)		(128	)		(449	)		(134	)		(29	)		(30	)		(12	)		(205	)
Expenses related to reorganization, net of taxes			—			—			—			—			—			—			(14	)		(14	)

NET INCOME (LOSS)		$	(109	)	$	116		$	7		$	178		$	339		$	379		$	324		$	1,220


Earnings Per Share Data:
Earnings per common share
Basic		$	(0.25	)	$	0.27		$	0.02		$	0.41		$	0.77		$	0.86		$	0.74		$	2.77
Diluted		$	(0.25	)	$	0.27		$	0.02		$	0.40		$	0.76		$	0.84		$	0.71		$	2.73
Net operating earnings per common share
Basic		$	0.49		$	0.56		$	1.05		$	0.72		$	0.83		$	0.80		$	0.77		$	3.12
Diluted		$	0.49		$	0.56		$	1.05		$	0.71		$	0.83		$	0.78		$	0.75		$	3.07
Shares outstanding
Basic			432.9			433.6			433.3			437.4			441.1			439.4			441.0			439.7
Diluted			432.9			436.8			434.8			441.1			445.6			449.0			455.0			447.6

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Consolidated Balance Sheets

(amounts in millions)


	June 30, 2008		March 31, 2008		December 31, 2007		September 30, 2007		June 30, 2007
ASSETS
Investments:
Fixed maturity securities available-for-sale, at fair value	$	51,887	$	53,031	$	55,154	$	55,775	$	55,567
Equity securities available-for-sale, at fair value		409		394		366		247		201
Commercial mortgage loans		8,573		8,822		8,953		8,839		8,798
Policy loans		1,806		1,654		1,651		1,650		1,635
Other invested assets		4,614		5,603		4,676		3,803		3,445

Total investments		67,289		69,504		70,800		70,314		69,646
Cash and cash equivalents		5,861		3,768		3,091		3,146		2,956
Accrued investment income		679		863		773		803		697
Deferred acquisition costs		7,530		7,330		7,034		6,842		6,677
Intangible assets		991		959		914		845		845
Goodwill		1,618		1,609		1,600		1,605		1,601
Reinsurance recoverable		16,571		16,498		16,483		16,573		16,658
Other assets		1,320		912		822		1,015		880
Separate account assets		12,356		12,151		12,798		12,615		11,976

Total assets	$	114,215	$	113,594	$	114,315	$	113,758	$	111,936

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Consolidated Balance Sheets

(amounts in millions)


	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	27,529		$	27,174		$	26,740		$	26,380		$	26,025
Policyholder account balances		36,842			36,764			36,913			37,487			38,188
Liability for policy and contract claims		4,418			4,011			3,693			3,473			3,286
Unearned premiums		5,758			5,653			5,631			5,511			5,073
Other liabilities		6,093			6,671			6,255			6,209			5,766
Non-recourse funding obligations		3,455			3,455			3,455			3,455			3,555
Short-term borrowings		200			200			200			326			199
Long-term borrowings		4,531			3,966			3,903			3,889			3,855
Deferred tax liability		688			824			1,249			1,096			1,047
Separate account liabilities		12,356			12,151			12,798			12,615			11,976

Total liabilities		101,870			100,869			100,837			100,441			98,970

Stockholders’ equity:
Common stock		1			1			1			1			1
Additional paid-in capital		11,482			11,473			11,461			11,440			11,429

Accumulated other comprehensive income (loss):
Net unrealized investment gains (losses)		(1,723	)		(1,479	)		(526	)		(353	)		(181	)
Derivatives qualifying as hedges		548			620			473			285			159
Foreign currency translation and other adjustments		904			824			780			765			572

Total accumulated other comprehensive income (loss)		(271	)		(35	)		727			697			550
Retained earnings		3,833			3,986			3,913			3,779			3,484
Treasury stock, at cost		(2,700	)		(2,700	)		(2,624	)		(2,600	)		(2,498	)

Total stockholders’ equity		12,345			12,725			13,478			13,317			12,966

Total liabilities and stockholders’ equity	$	114,215		$	113,594		$	114,315		$	113,758		$	111,936

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet by Segment

(amounts in millions)


	June 30, 2008
	Retirement and Protection			International		U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
ASSETS
Cash and investments	$	56,241		$	10,681	$	3,200		$	3,707		$	73,829
Deferred acquisition costs and intangible assets		8,759			1,191		96			93			10,139
Reinsurance recoverable		16,336			99		136			—			16,571
Other assets		290			590		107			333			1,320
Separate account assets		12,356			—		—			—			12,356

Total assets	$	93,982		$	12,561	$	3,539		$	4,133		$	114,215

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	27,528		$	1	$	—		$	—		$	27,529
Policyholder account balances		36,809			33		—			—			36,842
Liability for policy and contract claims		2,805			637		973			3			4,418
Unearned premiums		541			5,107		110			—			5,758
Non-recourse funding obligations		3,555			—		—			(100	)		3,455
Deferred tax and other liabilities		2,762			1,865		(3	)		2,157			6,781
Borrowing and capital securities		—			—		—			4,731			4,731
Separate account liabilities		12,356			—		—			—			12,356

Total liabilities		86,356			7,643		1,080			6,791			101,870

Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income (loss)		8,793			4,123		2,498			(2,798	)		12,616
Allocated accumulated other comprehensive income (loss)		(1,167	)		795		(39	)		140			(271	)

Total stockholders’ equity		7,626			4,918		2,459			(2,658	)		12,345

Total liabilities and stockholders’ equity	$	93,982		$	12,561	$	3,539		$	4,133		$	114,215

⁽¹⁾	Includes inter-segment eliminations.

GENWORTH FINANCIAL, INC.

2Q 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.

2Q 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 March 31, 2008	$	6,040		$	1,014		$	67		$	—	$	7,121
Costs deferred		233			72			9			—		314
Amortization, net of interest accretion⁽¹⁾		(76	)		(72	)		(10	)		—		(158	)
Impact of foreign currency translation		—			2			—			—		2

Unamortized balance as of June 30, 2008		6,197			1,016			66			—		7,279
Effect of accumulated net unrealized investment gains (losses)		251			—			—			—		251

Balance as of June 30, 2008	$	6,448		$	1,016		$	66		$	—	$	7,530

⁽¹⁾	Amortization, net of interest accretion, includes $(18) million of amortization related to net investment gains (losses) for our policyholder account balances.

Quarterly Results by Segment

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment

(amounts in millions)


	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
Three Months Ended June 30, 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⁽¹⁾			Total
REVENUES:
Premiums	$	—		$	111		$	—		$	250		$	524		$	885		$	139		$	85		$	29		$	375		$	628		$	190		$	6		$	1,709
Net investment income		1			291			100			148			215			755			50			38			9			51			148			36			14			953
Net investment gains (losses)		—			(105	)		(303	)		(80	)		(23	)		(511	)		26			—			—			(1	)		25			1			(33	)		(518	)
Insurance and investment product fees and other		85			54			—			89			6			234			—			1			—			6			7			11			2			254

Total revenues		86			351			(203	)		407			722			1,363			215			124			38			431			808			238			(11	)		2,398

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			191			—			208			531			930			30			35			19			76			160			295			1			1,386
Interest credited		—			129			86			60			45			320			—			—			—			—			—			—			—			320
Acquisition and operating expenses, net of deferrals		67			42			2			34			84			229			22			18			17			216			273			36			13			551
Amortization of deferred acquisition costs and intangibles		1			28			1			39			31			100			9			6			2			80			97			11			1			209
Interest expense		—			1			—			38			—			39			—			—			—			8			8			—			63			110

Total benefits and expenses		68			391			89			379			691			1,618			61			59			38			380			538			342			78			2,576

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		18			(40	)		(292	)		28			31			(255	)		154			65			—			51			270			(104	)		(89	)		(178	)
Provision (benefit) for income taxes		7			—			(101	)		(6	)		12			(88	)		54			15			(1	)		3			71			(45	)		(7	)		(69	)

INCOME (LOSS) FROM CONTINUING OPERATIONS		11			(40	)		(191	)		34			19			(167	)		100			50			1			48			199			(59	)		(82	)		(109	)
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			53			196			53			15			317			(17	)		—			—			1			(16	)		—			20			321

NET OPERATING INCOME (LOSS)	$	11		$	13		$	5		$	87		$	34		$	150		$	83		$	50		$	1		$	49		$	183		$	(59	)	$	(62	)	$	212


Effective tax rate (operating income)⁽²⁾		36.8	%		70.6	%		51.6	%		20.2	%		36.4	%		35.6	%		35.0	%		22.3	%		219.7	%		8.7	%		25.6	%		43.4	%		7.5	%		33.0	%

⁽¹⁾	Includes inter-segment eliminations.

⁽²⁾	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.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment

(amounts in millions)


	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
Three Months Ended June 30, 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	$	—		$	151		$	—		$	238		$	498		$	887		$	94		$	72		$	29		$	314		$	509		$	148		$	5		$	1,549
Net investment income		1			315			167			164			213			860			31			31			7			44			113			36			15			1,024
Net investment gains (losses)		—			(22	)		(6	)		(7	)		(10	)		(45	)		—			(2	)		(1	)		(2	)		(5	)		—			(1	)		(51	)
Insurance and investment product fees and other		81			46			—			95			5			227			—			—			—			7			7			10			(1	)		243

Total revenues		82			490			161			490			706			1,929			125			101			35			363			624			194			18			2,765

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			221			—			202			494			917			16			34			11			51			112			60			1			1,090
Interest credited		—			142			149			62			38			391			—			—			—			—			—			—			—			391
Acquisition and operating expenses, net of deferrals		65			37			2			31			87			222			15			13			18			183			229			34			10			495
Amortization of deferred acquisition costs and intangibles		—			41			1			36			34			112			5			5			1			75			86			8			1			207
Interest expense		—			1			—			50			—			51			—			—			—			10			10			—			63			124

Total benefits and expenses		65			442			152			381			653			1,693			36			52			30			319			437			102			75			2,307

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		17			48			9			109			53			236			89			49			5			44			187			92			(57	)		458
Provision (benefit) for income taxes		6			16			3			39			19			83			30			7			1			10			48			26			(20	)		137

INCOME (LOSS) FROM CONTINUING OPERATIONS		11			32			6			70			34			153			59			42			4			34			139			66			(37	)		321
ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			11			4			5			7			27			—			2			—			1			3			—			—			30

NET OPERATING INCOME (LOSS)	$	11		$	43		$	10		$	75		$	41		$	180		$	59		$	44		$	4		$	35		$	142		$	66		$	(37	)	$	351


Effective tax rate (operating income)		36.6	%		33.4	%		35.1	%		35.3	%		35.8	%		35.0	%		33.3	%		14.9	%		21.2	%		23.3	%		25.7	%		28.2	%		34.1	%		30.3	%

⁽¹⁾	Includes inter-segment eliminations.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment

(amounts in millions)


	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
Six Months Ended June 30, 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⁽¹⁾			Total
REVENUES:
Premiums	$	—		$	278		$	—		$	492		$	1,035		$	1,805		$	272		$	171		$	57		$	737		$	1,237		$	373		$	11		$	3,426
Net investment income		2			593			235			301			431			1,562			98			73			18			97			286			73			34			1,955
Net investment gains (losses)		—			(198	)		(362	)		(106	)		(55	)		(721	)		20			(1	)		—			(1	)		18			2			(43	)		(744	)
Insurance and investment product fees and other		171			108			—			182			12			473			—			1			1			16			18			19			4			514

Total revenues		173			781			(127	)		869			1,423			3,119			390			244			76			849			1,559			467			6			5,151

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			443			—			413			1,053			1,909			65			70			40			148			323			554			1			2,787
Interest credited		—			257			201			121			86			665			—			—			—			—			—			—			—			665
Acquisition and operating expenses, net of deferrals		134			80			4			71			167			456			44			37			34			416			531			73			19			1,079
Amortization of deferred acquisition costs and intangibles		2			51			2			74			60			189			17			13			3			167			200			20			3			412
Interest expense		—			2			—			84			—			86			1			—			—			14			15			—			121			222

Total benefits and expenses		136			833			207			763			1,366			3,305			127			120			77			745			1,069			647			144			5,165

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		37			(52	)		(334	)		106			57			(186	)		263			124			(1	)		104			490			(180	)		(138	)		(14	)
Provision (benefit) for income taxes		14			(6	)		(115	)		23			21			(63	)		92			27			(2	)		18			135			(86	)		(7	)		(21	)

INCOME (LOSS) FROM CONTINUING OPERATIONS		23			(46	)		(219	)		83			36			(123	)		171			97			1			86			355			(94	)		(131	)		7
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			95			235			69			36			435			(13	)		—			—			1			(12	)		(1	)		27			449

NET OPERATING INCOME (LOSS)	$	23		$	49		$	16		$	152		$	72		$	312		$	158		$	97		$	1		$	87		$	343		$	(95	)	$	(104	)	$	456


Effective tax rate (operating income)		36.8	%		48.4	%		41.1	%		28.4	%		35.6	%		35.3	%		35.0	%		21.6	%		191.9	%		18.5	%		27.5	%		47.9	%		8.1	%		32.6	%

⁽¹⁾	Includes inter-segment eliminations.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income by Segment

(amounts in millions)


	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
Six Months Ended June 30, 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	$	—		$	305		$	—		$	473		$	983		$	1,761		$	177		$	140		$	51		$	634		$	1,002		$	285		$	12		$	3,060
Net investment income		2			639			333			321			409			1,704			60			53			12			76			201			73			30			2,008
Net investment gains (losses)		—			(31	)		(11	)		(7	)		(15	)		(64	)		—			(2	)		(1	)		(2	)		(5	)		—			(1	)		(70	)
Insurance and investment product fees and other		156			90			—			188			12			446			—			1			—			12			13			17			1			477

Total revenues		158			1,003			322			975			1,389			3,847			237			192			62			720			1,211			375			42			5,475

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			453			—			398			974			1,825			29			65			16			109			219			112			1			2,157
Interest credited		—			287			290			122			77			776			—			—			—			—			—			—			—			776
Acquisition and operating expenses, net of deferrals		125			71			5			62			171			434			28			25			36			364			453			66			31			984
Amortization of deferred acquisition costs and intangibles		—			86			1			68			61			216			9			10			2			152			173			16			15			420
Interest expense		—			2			—			92			—			94			1			—			—			13			14			—			123			231

Total benefits and expenses		125			899			296			742			1,283			3,345			67			100			54			638			859			194			170			4,568

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		33			104			26			233			106			502			170			92			8			82			352			181			(128	)		907
Provision (benefit) for income taxes		12			32			9			85			38			176			56			14			1			19			90			50			(44	)		272

INCOME (LOSS) FROM CONTINUING OPERATIONS		21			72			17			148			68			326			114			78			7			63			262			131			(84	)		635
ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			17			7			5			10			39			—			2			—			1			3			—			—			42
Expenses related to reorganization, net of taxes		—			—			—			—			—			—			—			—			—			—			—			—			14			14

NET OPERATING INCOME (LOSS)	$	21		$	89		$	24		$	153		$	78		$	365		$	114		$	80		$	7		$	64		$	265		$	131		$	(70	)	$	691


Effective tax rate (operating income)		36.5	%		31.5	%		35.3	%		36.2	%		35.9	%		35.0	%		33.0	%		15.2	%		14.6	%		23.1	%		25.5	%		27.7	%		33.9	%		30.4	%

⁽¹⁾	Includes inter-segment eliminations.

Retirement and Protection

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income—Retirement and Protection

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	885		$	920		$	1,805		$	872		$	861		$	887		$	874		$	3,494
Net investment income		755			807			1,562			856			893			860			844			3,453
Net investment gains (losses)		(511	)		(210	)		(721	)		(214	)		(38	)		(45	)		(19	)		(316	)
Insurance and investment product fees and other		234			239			473			249			233			227			219			928

Total revenues		1,363			1,756			3,119			1,763			1,949			1,929			1,918			7,559

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		930			979			1,909			929			919			917			908			3,673
Interest credited		320			345			665			385			391			391			385			1,552
Acquisition and operating expenses, net of deferrals		229			227			456			233			220			222			212			887
Amortization of deferred acquisition costs and intangibles		100			89			189			105			96			112			104			417
Interest expense		39			47			86			58			59			51			43			211

Total benefits and expenses		1,618			1,687			3,305			1,710			1,685			1,693			1,652			6,740

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(255	)		69			(186	)		53			264			236			266			819
Provision (benefit) for income taxes		(88	)		25			(63	)		14			64			83			93			254

INCOME (LOSS) FROM CONTINUING OPERATIONS		(167	)		44			(123	)		39			200			153			173			565
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		317			118			435			135			23			27			12			197

NET OPERATING INCOME	$	150		$	162		$	312		$	174		$	223		$	180		$	185		$	762


Effective tax rate (operating income)		35.6	%		35.1	%		35.3	%		32.9	%		25.7	%		35.0	%		35.0	%		32.0	%

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

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

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		1			1			2			2			2			1			1			6
Net investment gains (losses)		—			—			—			—			—			—			—			—
Insurance and investment product fees and other		85			86			171			88			86			81			75			330

Total revenues		86			87			173			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			67			134			70			69			65			60			264
Amortization of deferred acquisition costs and intangibles		1			1			2			1			1			—			—			2
Interest expense		—			—			—			—			—			—			—			—

Total benefits and expenses		68			68			136			71			70			65			60			266

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		18			19			37			19			18			17			16			70
Provision for income taxes		7			7			14			7			7			6			6			26

INCOME FROM CONTINUING OPERATIONS		11			12			23			12			11			11			10			44

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

NET OPERATING INCOME	$	11		$	12		$	23		$	12		$	11		$	11		$	10		$	44


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

SALES:
Sales by Distribution Channel:
Independent Producers	$	1,229		$	1,105		$	2,334		$	1,217		$	1,382		$	1,427		$	1,400		$	5,426
Dedicated Sales Specialists		176			175			351			257			283			332			312			1,184

Total Sales	$	1,405		$	1,280		$	2,685		$	1,474		$	1,665		$	1,759		$	1,712		$	6,610


ASSETS UNDER MANAGEMENT:
Beginning of period	$	20,461		$	21,584		$	21,584		$	21,662		$	20,683		$	18,806		$	17,293		$	17,293
Gross flows		1,405			1,280			2,685			1,474			1,665			1,759			1,712			6,610
Redemptions		(1,044	)		(1,080	)		(2,124	)		(797	)		(567	)		(494	)		(431	)		(2,289	)

Net flows		361			200			561			677			1,098			1,265			1,281			4,321
Market performance		(537	)		(1,323	)		(1,860	)		(755	)		(119	)		612			232			(30	)

End of period	$	20,285		$	20,461		$	20,285		$	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.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income—Retirement Income

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	111		$	167		$	278		$	135		$	118		$	151		$	154		$	558
Net investment income		291			302			593			304			323			315			324			1,266
Net investment gains (losses)		(105	)		(93	)		(198	)		(55	)		(24	)		(22	)		(9	)		(110	)
Insurance and investment product fees and other		54			54			108			55			53			46			44			198

Total revenues		351			430			781			439			470			490			513			1,912

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		191			252			443			218			198			221			232			869
Interest credited		129			128			257			130			134			142			145			551
Acquisition and operating expenses, net of deferrals		42			38			80			37			32			37			34			140
Amortization of deferred acquisition costs and intangibles		28			23			51			44			44			41			45			174
Interest expense		1			1			2			1			2			1			1			5

Total benefits and expenses		391			442			833			430			410			442			457			1,739

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(40	)		(12	)		(52	)		9			60			48			56			173
Provision (benefit) for income taxes		—			(6	)		(6	)		(2	)		(8	)		16			16			22

INCOME (LOSS) FROM CONTINUING OPERATIONS		(40	)		(6	)		(46	)		11			68			32			40			151

ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		53			42			95			30			14			11			6			61

NET OPERATING INCOME	$	13		$	36		$	49		$	41		$	82		$	43		$	46		$	212


Effective tax rate (operating income)		70.6	%		31.4	%		48.4	%		26.4	%		-0.2	%		33.4	%		29.6	%		20.8	%

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

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

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		3			3			6			3			3			5			4			15
Net investment gains (losses)		7			(35	)		(28	)		(9	)		(9	)		1			—			(17	)
Insurance and investment product fees and other		51			51			102			51			48			41			38			178

Total revenues		61			19			80			45			42			47			42			176

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		8			5			13			4			4			(1	)		4			11
Interest credited		3			4			7			4			3			4			4			15
Acquisition and operating expenses, net of deferrals		16			13			29			13			10			12			10			45
Amortization of deferred acquisition costs and intangibles		18			4			22			14			10			7			7			38
Interest expense		—			—			—			—			—			—			—			—

Total benefits and expenses		45			26			71			35			27			22			25			109

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		16			(7	)		9			10			15			25			17			67
Provision (benefit) for income taxes		8			(4	)		4			(1	)		(19	)		7			2			(11	)

INCOME (LOSS) FROM CONTINUING OPERATIONS		8			(3	)		5			11			34			18			15			78

ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		(2	)		13			11			6			6			(1	)		—			11

NET OPERATING INCOME	$	6		$	10		$	16		$	17		$	40		$	17		$	15		$	89


Effective tax rate (operating income)		56.4	%		21.9	%		38.1	%		12.1	%		-65.7	%		28.7	%		10.9	%		-5.5	%

SALES:
Sales by Product:
Income Distribution Series⁽¹⁾	$	585		$	586		$	1,171		$	606		$	528		$	472		$	409		$	2,015
Traditional Variable Annuities		118			113			231			151			136			153			134			574
Variable Life		2			1			3			3			1			3			1			8

Total Sales	$	705		$	700		$	1,405		$	760		$	665		$	628		$	544		$	2,597

Sales by Distribution Channel:
Financial Intermediaries	$	662		$	660		$	1,322		$	716		$	609		$	592		$	513		$	2,430
Independent Producers		15			12			27			10			20			13			12			55
Dedicated Sales Specialists		28			28			56			34			36			23			19			112

Total Sales	$	705		$	700		$	1,405		$	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.

2Q 2008 FINANCIAL SUPPLEMENT

Assets Under Management—Retirement Income—Fee-Based

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
Income Distribution Series⁽¹⁾
Account value, net of reinsurance, beginning of period	$	4,877		$	4,535		$	4,535		$	3,978		$	3,361		$	2,813		$	2,402		$	2,402
Deposits		596			595			1,191			625			543			482			421			2,071
Surrenders, benefits and product charges		(112	)		(105	)		(217	)		(98	)		(78	)		(66	)		(60	)		(302	)

Net flows		484			490			974			527			465			416			361			1,769
Interest credited and investment performance		(53	)		(148	)		(201	)		30			152			132			50			364

Account value, net of reinsurance, end of period		5,308			4,877			5,308			4,535			3,978			3,361			2,813			4,535

Traditional Variable Annuities
Account value, net of reinsurance, beginning of period		2,241			2,345			2,345			2,262			2,098			1,905			1,780			1,780
Deposits		105			108			213			148			133			149			130			560
Surrenders, benefits and product charges		(63	)		(59	)		(122	)		(50	)		(48	)		(56	)		(41	)		(195	)

Net flows		42			49			91			98			85			93			89			365
Interest credited and investment performance		(5	)		(153	)		(158	)		(15	)		79			100			36			200

Account value, net of reinsurance, end of period		2,278			2,241			2,278			2,345			2,262			2,098			1,905			2,345

Variable Life Insurance
Account value, beginning of the period		371			403			403			414			408			396			391			391
Deposits		5			5			10			6			6			7			5			24
Surrenders, benefits and product charges		(10	)		(10	)		(20	)		(13	)		(15	)		(14	)		(12	)		(54	)

Net flows		(5	)		(5	)		(10	)		(7	)		(9	)		(7	)		(7	)		(30	)
Interest credited and investment performance		7			(27	)		(20	)		(4	)		15			19			12			42

Account value, end of period		373			371			373			403			414			408			396			403

Total Retirement Income—Fee-Based	$	7,959		$	7,489		$	7,959		$	7,283		$	6,654		$	5,867		$	5,114		$	7,283

⁽¹⁾

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

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

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	111		$	167		$	278		$	135		$	118		$	151		$	154		$	558
Net investment income		288			299			587			301			320			310			320			1,251
Net investment gains (losses)		(112	)		(58	)		(170	)		(46	)		(15	)		(23	)		(9	)		(93	)
Insurance and investment product fees and other		3			3			6			4			5			5			6			20

Total revenues		290			411			701			394			428			443			471			1,736

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		183			247			430			214			194			222			228			858
Interest credited		126			124			250			126			131			138			141			536
Acquisition and operating expenses, net of deferrals		26			25			51			24			22			25			24			95
Amortization of deferred acquisition costs and intangibles		10			19			29			30			34			34			38			136
Interest expense		1			1			2			1			2			1			1			5

Total benefits and expenses		346			416			762			395			383			420			432			1,630

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(56	)		(5	)		(61	)		(1	)		45			23			39			106
Provision (benefit) for income taxes		(8	)		(2	)		(10	)		(1	)		11			9			14			33

INCOME (LOSS) FROM CONTINUING OPERATIONS		(48	)		(3	)		(51	)		—			34			14			25			73

ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		55			29			84			24			8			12			6			50

NET OPERATING INCOME	$	7		$	26		$	33		$	24		$	42		$	26		$	31		$	123


Effective tax rate (operating income)		76.6	%		34.7	%		52.3	%		34.3	%		26.9	%		36.1	%		36.2	%		32.9	%

SALES:
Sales by Product:
Structured Settlements	$	—		$	3		$	3		$	12		$	5		$	30		$	47		$	94
Single Premium Immediate Annuities		150			240			390			189			208			218			200			815
Fixed Annuities		298			408			706			185			145			106			167			603

Total Sales	$	448		$	651		$	1,099		$	386		$	358		$	354		$	414		$	1,512

Sales by Distribution Channel:
Financial Intermediaries	$	360		$	541		$	901		$	299		$	250		$	239		$	275		$	1,063
Independent Producers		82			103			185			82			99			109			131			421
Dedicated Sales Specialists		6			7			13			5			9			6			8			28

Total Sales	$	448		$	651		$	1,099		$	386		$	358		$	354		$	414		$	1,512


PREMIUMS BY PRODUCT:
Single Premium Immediate Annuities	$	111		$	165		$	276		$	124		$	114		$	124		$	111		$	473
Structured Settlements		—			2			2			11			4			27			43			85

Total Premiums	$	111		$	167		$	278		$	135		$	118		$	151		$	154		$	558

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Assets Under Management—Retirement Income—Spread-Based

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
Fixed Annuities
Account value, net of reinsurance, beginning of period	$	12,141		$	12,073		$	12,073		$	12,368		$	12,886		$	13,522		$	13,972		$	13,972
Deposits		333			436			769			215			184			144			207			750
Surrenders, benefits and product charges		(449	)		(474	)		(923	)		(618	)		(815	)		(899	)		(781	)		(3,113	)

Net flows		(116	)		(38	)		(154	)		(403	)		(631	)		(755	)		(574	)		(2,363	)
Interest credited		105			106			211			108			113			119			124			464

Account value, net of reinsurance, end of period		12,130			12,141			12,130			12,073			12,368			12,886			13,522			12,073

Single Premium Immediate Annuities
Account value, net of reinsurance, beginning of period		6,781			6,668			6,668			6,458			6,367			6,261			6,174			6,174
Premiums and deposits		188			291			479			226			247			261			237			971
Surrenders, benefits and product charges		(278	)		(267	)		(545	)		(102	)		(241	)		(240	)		(234	)		(817	)

Net flows		(90	)		24			(66	)		124			6			21			3			154
Interest credited		90			89			179			86			85			85			84			340

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

Structured Settlements
Account value, net of reinsurance, beginning of period		1,105			1,103			1,103			1,092			1,088			1,058			1,011			1,011
Premiums and deposits		1			2			3			12			5			30			47			94
Surrenders, benefits and product charges		(13	)		(14	)		(27	)		(15	)		(15	)		(15	)		(14	)		(59	)

Net flows		(12	)		(12	)		(24	)		(3	)		(10	)		15			33			35
Interest credited		14			14			28			14			14			15			14			57

Account value, net of reinsurance, end of period		1,107			1,105			1,107			1,103			1,092			1,088			1,058			1,103

Total Retirement Income—Spread-Based, net of reinsurance	$	20,018		$	20,027		$	20,018		$	19,844		$	19,918		$	20,341		$	20,841		$	19,844

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Institutional

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		100			135			235			167			175			167			166			675
Net investment gains (losses)		(303	)		(59	)		(362	)		(128	)		(20	)		(6	)		(5	)		(159	)
Insurance and investment product fees and other		—			—			—			—			—			—			—			—

Total revenues		(203	)		76			(127	)		39			155			161			161			516

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—			—			—
Interest credited		86			115			201			149			157			149			141			596
Acquisition and operating expenses, net of deferrals		2			2			4			2			3			2			3			10
Amortization of deferred acquisition costs and intangibles		1			1			2			1			—			1			—			2
Interest expense		—			—			—			—			—			—			—			—

Total benefits and expenses		89			118			207			152			160			152			144			608

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(292	)		(42	)		(334	)		(113	)		(5	)		9			17			(92	)
Provision (benefit) for income taxes		(101	)		(14	)		(115	)		(40	)		(2	)		3			6			(33	)

INCOME (LOSS) FROM CONTINUING OPERATIONS		(191	)		(28	)		(219	)		(73	)		(3	)		6			11			(59	)

ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		196			39			235			82			13			4			3			102

NET OPERATING INCOME	$	5		$	11		$	16		$	9		$	10		$	10		$	14		$	43


Effective tax rate (operating income)		51.6	%		34.0	%		41.1	%		31.3	%		34.7	%		35.1	%		35.5	%		34.3	%

SALES:
Sales by Product:
Guaranteed Investment Contracts (GICs)	$	184		$	44		$	228		$	32		$	24		$	42		$	22		$	120
Funding Agreements Backing Notes		675			107			782			520			200			650			600			1,970
Funding Agreements		75			—			75			—			—			315			—			315

Total Sales	$	934		$	151		$	1,085		$	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.

2Q 2008 FINANCIAL SUPPLEMENT

Assets Under Management—Institutional

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
GICs, Funding Agreements and Funding Agreements Backing Notes
Account value, net of reinsurance, beginning of period	$	10,655		$	10,982		$	10,982		$	11,292		$	11,515		$	10,724		$	10,483		$	10,483
Deposits⁽¹⁾		1,128			251			1,379			762			323			1,107			722			2,914
Surrenders and benefits⁽¹⁾		(1,099	)		(727	)		(1,826	)		(1,226	)		(710	)		(460	)		(629	)		(3,025	)

Net flows		29			(476	)		(447	)		(464	)		(387	)		647			93			(111	)
Interest credited		96			117			213			147			154			147			141			589
Foreign currency translation		(7	)		32			25			7			10			(3	)		7			21

Account value, end of period	$	10,773		$	10,655		$	10,773		$	10,982		$	11,292		$	11,515		$	10,724		$	10,982

By Contract Type:
Guaranteed Investment Contracts	$	1,478		$	1,449					$	1,602		$	1,790		$	1,921		$	2,073
Funding Agreements Backing Notes		7,349			6,909						6,721			6,591			6,578			5,953
Funding Agreements		1,946			2,297						2,659			2,911			3,016			2,698

	$	10,773		$	10,655					$	10,982		$	11,292		$	11,515		$	10,724

Funding Agreements By Liquidity Provisions:
90 day	$	350		$	180					$	170		$	270		$	375		$	425
180 day		200			345						500			500			500			450
No put		550			925						1,135			1,285			1,285			1,235
Rolling maturity⁽²⁾		840			840						840			840			840			575
Accrued interest		6			7						14			16			16			13

Total funding agreements	$	1,946		$	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 June 30, 2008 and 2007, surrenders and deposits that were redeposited and are now reflected under “Deposits” amounted to $195 million and $100 million, respectively. For the six months ended June 30, 2008 and 2007, surrenders and deposits included $295 million and $200 million, respectively, that were redeposited and reflected under “Deposits.”

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

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Life Insurance

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	250		$	242		$	492		$	231		$	236		$	238		$	235		$	940
Net investment income		148			153			301			171			183			164			157			675
Net investment gains (losses)		(80	)		(26	)		(106	)		(29	)		4			(7	)		—			(32	)
Insurance and investment product fees and other		89			93			182			100			88			95			93			376

Total revenues		407			462			869			473			511			490			485			1,959

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		208			205			413			202			204			202			196			804
Interest credited		60			61			121			61			60			62			60			243
Acquisition and operating expenses, net of deferrals		34			37			71			35			32			31			31			129
Amortization of deferred acquisition costs and intangibles		39			35			74			35			27			36			32			130
Interest expense		38			46			84			56			57			50			42			205

Total benefits and expenses		379			384			763			389			380			381			361			1,511

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		28			78			106			84			131			109			124			448
Provision for income taxes		(6	)		29			23			29			47			39			46			161

INCOME FROM CONTINUING OPERATIONS		34			49			83			55			84			70			78			287

ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		53			16			69			21			(3	)		5			—			23

NET OPERATING INCOME	$	87		$	65		$	152		$	76		$	81		$	75		$	78		$	310


Effective tax rate (operating income)		20.2	%		36.9	%		28.4	%		33.7	%		36.1	%		35.3	%		37.1	%		35.6	%

SALES:
Sales by Product:
Term Life	$	25		$	23		$	48		$	26		$	28		$	29		$	29		$	112
Universal Life:
Annualized first-year deposits		14			13			27			14			15			15			11			55
Excess deposits		46			43			89			64			53			41			48			206

Total Universal Life		60			56			116			78			68			56			59			261

Total Sales	$	85		$	79		$	164		$	104		$	96		$	85		$	88		$	373

Sales by Distribution Channel:
Financial Intermediaries	$	1		$	1		$	2		$	2		$	1		$	2		$	1		$	6
Independent Producers		84			78			162			102			95			83			87			367

Total Sales	$	85		$	79		$	164		$	104		$	96		$	85		$	88		$	373

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Life Insurance In-force

(amounts in millions)


	2008				2007
	Q2		Q1		Q4		Q3		Q2		Q1
Term life insurance
Life insurance in-force, net of reinsurance	$	481,430	$	476,503	$	464,411	$	457,001	$	449,654	$	439,380
Life insurance in-force before reinsurance	$	621,221	$	619,086	$	618,379	$	614,248	$	610,071	$	602,725

Universal and whole life insurance
Life insurance in-force, net of reinsurance	$	42,833	$	42,590	$	42,181	$	41,638	$	41,303	$	40,912
Life insurance in-force before reinsurance	$	51,851	$	51,534	$	51,175	$	50,737	$	50,290	$	49,834

Total life insurance
Life insurance in-force, net of reinsurance	$	524,263	$	519,093	$	506,592	$	498,639	$	490,957	$	480,292
Life insurance in-force before reinsurance	$	673,072	$	670,620	$	669,554	$	664,985	$	660,361	$	652,559

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Long-Term Care

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	524		$	511		$	1,035		$	506		$	507		$	498		$	485		$	1,996
Net investment income		215			216			431			212			210			213			196			831
Net investment gains (losses)		(23	)		(32	)		(55	)		(2	)		2			(10	)		(5	)		(15	)
Insurance and investment product fees and other		6			6			12			6			6			5			7			24

Total revenues		722			701			1,423			722			725			706			683			2,836

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		531			522			1,053			509			517			494			480			2,000
Interest credited		45			41			86			45			40			38			39			162
Acquisition and operating expenses, net of deferrals		84			83			167			89			84			87			84			344
Amortization of deferred acquisition costs and intangibles		31			29			60			24			24			34			27			109
Interest expense		—			—			—			1			—			—			—			1

Total benefits and expenses		691			675			1,366			668			665			653			630			2,616

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		31			26			57			54			60			53			53			220
Provision for income taxes		12			9			21			20			20			19			19			78

INCOME FROM CONTINUING OPERATIONS		19			17			36			34			40			34			34			142

ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		15			21			36			2			(1	)		7			3			11

NET OPERATING INCOME	$	34		$	38		$	72		$	36		$	39		$	41		$	37		$	153


Effective tax rate (operating income)		36.4	%		34.9	%		35.6	%		36.5	%		33.3	%		35.8	%		35.9	%		35.4	%

SALES:
Sales by Distribution Channel:
Financial Intermediaries	$	4		$	6		$	10		$	7		$	6		$	7		$	7		$	27
Independent Producers		24			23			47			25			25			23			24			97
Dedicated Sales Specialist		16			15			31			13			13			11			10			47

Total Individual Long-Term Care		44			44			88			45			44			41			41			171

Group Long-Term Care		1			1			2			1			—			1			—			2
Medicare Supplement and Other A&H		13			10			23			10			8			7			7			32
Linked-Benefits		8			7			15			10			8			5			4			27

Total Sales	$	66		$	62		$	128		$	66		$	60		$	54		$	52		$	232


LOSS RATIOS:
Total Long-Term Care
Earned Premium	$	459		$	443		$	902		$	442		$	444		$	430		$	419		$	1,735
Loss Ratio⁽¹⁾		66.9	%		66.9	%		66.9	%		67.5	%		70.0	%		67.8	%		65.4	%		66.6	%
Gross Benefits Ratio⁽²⁾		105.2	%		105.6	%		105.4	%		105.0	%		106.4	%		103.9	%		101.0	%		102.5	%

Medicare Supplement and A&H⁽³⁾
Earned Premium	$	68		$	68		$	136		$	66		$	65		$	69		$	67		$	267
Loss Ratio⁽¹⁾		70.5	%		76.2	%		73.4	%		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.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income—International

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	628		$	609		$	1,237		$	623		$	572		$	509		$	493		$	2,197
Net investment income		148			138			286			138			131			113			88			470
Net investment gains (losses)		25			(7	)		18			(2	)		—			(5	)		—			(7	)
Insurance and investment product fees and other		7			11			18			8			8			7			6			29

Total revenues		808			751			1,559			767			711			624			587			2,689

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		160			163			323			140			126			112			107			485
Acquisition and operating expenses, net of deferrals		273			258			531			266			281			229			224			1,000
Amortization of deferred acquisition costs and intangibles		97			103			200			96			94			86			87			363
Interest expense		8			7			15			8			6			10			4			28

Total benefits and expenses		538			531			1,069			510			507			437			422			1,876

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		270			220			490			257			204			187			165			813
Provision for income taxes		71			64			135			78			65			48			42			233

INCOME FROM CONTINUING OPERATIONS		199			156			355			179			139			139			123			580

ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		(16	)		4			(12	)		1			1			3			—			5

NET OPERATING INCOME⁽¹⁾	$	183		$	160		$	343		$	180		$	140		$	142		$	123		$	585


Effective tax rate (operating income)		25.6	%		29.5	%		27.5	%		30.7	%		32.2	%		25.7	%		25.3	%		28.8	%

⁽¹⁾	Net operating income adjusted for foreign exchange for our International segment was $164 million and $299 million for the three and six months ended June 30, 2008, respectively.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—International Mortgage Insurance—Canada

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4⁽¹⁾			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	139		$	133		$	272		$	142		$	108		$	94		$	83		$	427
Net investment income⁽²⁾		50			48			98			49			52			31			29			161
Net investment gains (losses)		26			(6	)		20			—			(2	)		—			—			(2	)
Insurance and investment product fees and other		—			—			—			1			—			—			—			1

Total revenues		215			175			390			192			158			125			112			587

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		30			35			65			26			20			16			13			75
Acquisition and operating expenses, net of deferrals⁽²⁾		22			22			44			25			31			15			13			84
Amortization of deferred acquisition costs and intangibles		9			8			17			6			4			5			4			19
Interest expense		—			1			1			1			1			—			1			3

Total benefits and expenses		61			66			127			58			56			36			31			181

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		154			109			263			134			102			89			81			406
Provision for income taxes		54			38			92			46			35			30			26			137

INCOME FROM CONTINUING OPERATIONS		100			71			171			88			67			59			55			269

ADJUSTMENT TO INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		(17	)		4			(13	)		—			1			—			—			1

NET OPERATING INCOME⁽³⁾	$	83		$	75		$	158		$	88		$	68		$	59		$	55		$	270


Effective tax rate (operating income)		35.0	%		35.0	%		35.0	%		34.4	%		34.2	%		33.3	%		32.6	%		33.8	%
SALES
New Insurance Written (NIW)
Flow	$	7,500		$	4,900		$	12,400		$	8,100		$	11,000		$	9,600		$	6,000		$	34,700
Bulk		800			1,500			2,300			7,800			1,300			11,900			400			21,400

Total Canada NIW⁽⁴⁾	$	8,300		$	6,400		$	14,700		$	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 $76 million and $139 million for the three and six months ended June 30, 2008, respectively.

⁽⁴⁾	New insurance written for our Canada platform adjusted for foreign exchange was $7,700 million and $13,200 million for the three and six months ended June 30, 2008, respectively.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—International Mortgage Insurance—Australia

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4⁽¹⁾			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	85		$	86		$	171		$	71		$	73		$	72		$	68		$	284
Net investment income		38			35			73			33			30			31			22			116
Net investment gains (losses)		—			(1	)		(1	)		—			3			(2	)		—			1
Insurance and investment product fees and other		1			—			1			—			—			—			1			1

Total revenues		124			120			244			104			106			101			91			402

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		35			35			70			33			36			34			31			134
Acquisition and operating expenses, net of deferrals		18			19			37			15			14			13			12			54
Amortization of deferred acquisition costs and intangibles		6			7			13			4			5			5			5			19
Interest expense		—			—			—			—			—			—			—			—

Total benefits and expenses		59			61			120			52			55			52			48			207

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		65			59			124			52			51			49			43			195
Provision for income taxes		15			12			27			12			13			7			7			39

INCOME FROM CONTINUING OPERATIONS		50			47			97			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⁾	$	50		$	47		$	97		$	40		$	36		$	44		$	36		$	156


Effective tax rate (operating income)		22.3	%		20.9	%		21.6	%		23.8	%		25.6	%		14.9	%		15.5	%		20.1	%
SALES
New Insurance Written (NIW)
Flow	$	10,000		$	10,400		$	20,400		$	11,600		$	11,400		$	11,600		$	10,800		$	45,400
Bulk		600			1,000			1,600			900			7,000			5,900			2,300			16,100

Total Australia NIW⁽³⁾	$	10,600		$	11,400		$	22,000		$	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 $43 million and $84 million for the three and six months ended June 30, 2008, respectively.

⁽³⁾	New insurance written for our Australia platform adjusted for foreign exchange was $9,400 million and $19,300 million for the three and six months ended June 30, 2008, respectively.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Other International Mortgage Insurance

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4⁽¹⁾			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	29		$	28		$	57		$	63		$	27		$	29		$	22		$	141
Net investment income		9			9			18			9			9			7			5			30
Net investment gains (losses)		—			—			—			—			—			(1	)		—			(1	)
Insurance and investment product fees and other		—			1			1			1			1			—			—			2

Total revenues		38			38			76			73			37			35			27			172

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		19			21			40			21			10			11			5			47
Acquisition and operating expenses, net of deferrals		17			17			34			27			18			18			18			81
Amortization of deferred acquisition costs and intangibles		2			1			3			2			2			1			1			6
Interest expense		—			—			—			—			—			—			—			—

Total benefits and expenses		38			39			77			50			30			30			24			134

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

INCOME (LOSS) FROM CONTINUING OPERATIONS		1			—			1			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⁾	$	1		$	—		$	1		$	16		$	6		$	4		$	3		$	29


Effective tax rate (operating income)		219.7	%		154.3	%		191.9	%		30.7	%		30.2	%		21.2	%		-1.6	%		27.0	%

SALES
New Insurance Written (NIW)
Flow	$	2,100		$	2,300		$	4,400		$	3,300		$	4,700		$	5,100		$	4,900		$	18,000
Bulk		500			700			1,200			900			800			400			3,800			5,900

Total Other International NIW⁽³⁾	$	2,600		$	3,000		$	5,600		$	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 income for our Other International platform adjusted for foreign exchange was $1 million and zero for the three and six months ended June 30, 2008, respectively.

⁽³⁾	New insurance written for our Other International platform adjusted for foreign exchange was $2,300 million and $5,000 million for the three and six months ended June 30, 2008, respectively.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
Net Premiums Written
Canada	$	198		$	130		$	328		$	225		$	301		$	262		$	137		$	925
Australia		89			97			186			109			102			108			102			421
Other International		5			18			23			28			49			58			83			218

Total International Net Premiums Written	$	292		$	245		$	537		$	362		$	452		$	428		$	322		$	1,564

Loss Ratio⁽¹⁾
Canada		21	%		26	%		24	%		18	%		18	%		17	%		16	%		18	%
Australia		41	%		41	%		41	%		46	%		49	%		47	%		46	%		47	%
Other International		70	%		71	%		71	%		33	%		38	%		37	%		24	%		33	%
Total International Loss Ratio		33	%		37	%		35	%		29	%		32	%		31	%		29	%		30	%
Expense Ratio⁽²⁾
Canada		16	%		23	%		19	%		13	%		12	%		7	%		12	%		11	%
Australia		27	%		27	%		27	%		18	%		18	%		17	%		17	%		17	%
Other International		362	%		104	%		163	%		100	%		38	%		34	%		23	%		40	%
Total International Expense Ratio		25	%		31	%		28	%		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	$	194,100		$	185,000					$	187,900		$	172,400		$	150,000		$	119,700
Australia		249,900			234,600						221,400			224,500			205,100			185,200
Other International		71,500			72,400						68,500			65,000			59,800			56,000

Total International Primary Insurance In-force	$	515,500		$	492,000					$	477,800		$	461,900		$	414,900		$	360,900

Primary Risk In-force⁽⁴⁾
Canada
Flow	$	53,400		$	50,700					$	51,200		$	48,400		$	41,800		$	35,900
Bulk		14,500			14,100						14,600			11,900			10,700			6,000

Total Canada		67,900			64,800						65,800			60,300			52,500			41,900
Australia
Flow		76,500			71,600						67,200			68,200			64,100			59,300
Bulk		11,000			10,500						10,300			10,400			7,700			5,500

Total Australia		87,500			82,100						77,500			78,600			71,800			64,800
Other International
Flow		7,900			8,000						7,400			7,200			6,400			5,800
Bulk		800			800						700			700			900			1,100

Total Other International		8,700			8,800						8,100			7,900			7,300			6,900

Total International Primary Risk In-force	$	164,100		$	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. New business pricing loss ratios for our international businesses are as follows: Canada 35-40%, Australia 30-40% 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 36 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.

2Q 2008 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance—Canada

(dollar amounts in millions)


Primary Insurance	June 30, 2008			March 31, 2008		June 30, 2007
Insured loans in-force		1,108,423		1,080,874			955,063
Insured delinquent loans		2,340		2,410			1,704
Insured delinquency rate		0.21	%	0.22	%		0.18	%
Flow loans in-force		842,863		815,980			727,342
Flow delinquent loans		2,140		2,198			1,576
Flow delinquency rate		0.25	%	0.27	%		0.22	%
Bulk loans in-force		265,560		264,894			227,721
Bulk delinquent loans		200		212			128
Bulk delinquency rate		0.08	%	0.08	%		0.06	%
Loss Metrics	June 30, 2008
Beginning Reserves	$	106
Paid claims		(20	)
Increase (decrease) in reserves		30
Impact of changes in foreign exchange rates		1

Ending Reserves	$	117


	June 30, 2008					March 31, 2008
Province and Territory	% of Primary Risk In-force			Primary Delinquency Rate		% of Primary Risk In-force
Ontario		48	%	0.23	%		49	%
British Columbia		16		0.09	%		16
Alberta		15		0.18	%		14
Quebec		14		0.25	%		13
Nova Scotia		2		0.20	%		2
Saskatchewan		2		0.08	%		1
Manitoba		1		0.11	%		1
New Brunswick		1		0.31	%		1
All Other		1		0.16	%		3

Total		100	%	0.20	%		100	%

By Policy Year
2000 and Prior		9	%	0.04	%		9	%
2001		3		0.07	%		3
2002		5		0.08	%		6
2003		7		0.14	%		7
2004		11		0.20	%		11
2005		12		0.29	%		12
2006		15		0.45	%		16
2007		30		0.24	%		32
2008		8		0.01	%		4

Total		100	%	0.20	%		100	%

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

Total		100	%				100	%

Average Primary Loan Size (CAD in thousands)⁽¹⁾	$	178				$	176

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

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance—Australia

(dollar amounts in millions)


Primary Insurance	June 30, 2008			March 31, 2008		June 30, 2007
Insured loans in-force		1,422,851		1,406,731			1,390,164
Insured delinquent loans		5,026		4,571			4,584
Insured delinquency rate		0.35	%	0.32	%		0.33	%

Flow loans in-force		1,240,020		1,222,667			1,240,566
Flow delinquent loans		4,926		4,489			4,485
Flow delinquency rate		0.40	%	0.37	%		0.36	%

Bulk loans in-force		182,831		184,064			149,598
Bulk delinquent loans		100		82			99
Bulk delinquency rate		0.05	%	0.04	%		0.07	%

Loss Metrics	June 30, 2008
Beginning Reserves	$	157
Paid claims		(36	)
Increase (decrease) in reserves		35
Impact of changes in foreign exchange rates		8

Ending Reserves	$	164


	June 30, 2008					March 31, 2008
State and Territory	% of Primary Risk In-force			Primary Delinquency Rate		% of Primary Risk In-force
New South Wales		33	%	0.67	%		33	%
Victoria		22		0.32	%		22
Queensland		21		0.17	%		21
Western Australia		10		0.13	%		10
South Australia		5		0.20	%		5
New Zealand		4		0.30	%		4
Australian Capital Territory		2		0.08	%		2
Tasmania		2		0.14	%		2
Northern Territory		1		0.08	%		1

Total		100	%	0.35	%		100	%

By Policy Year
2000 and Prior		10	%	0.04	%		10	%
2001		4		0.06	%		4
2002		6		0.11	%		7
2003		8		0.27	%		8
2004		10		0.58	%		11
2005		15		0.72	%		15
2006		19		0.66	%		20
2007		20		0.32	%		20
2008		8		0.03	%		5

Total		100	%	0.35	%		100	%

Loan Amount (in AUD)⁽¹⁾
Over $250K		54	%				53	%
Over $100K to $250K		37					38
$100K or Less		9					9

Total		100	%				100	%

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

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

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance

(amounts in millions)


	June 30, 2008						March 31, 2008
Risk In-force by Loan-To-Value Ratio⁽¹⁾	Primary		Flow		Bulk		Primary		Flow		Bulk
Canada
95.01% and above	$	21,563	$	21,563	$	—	$	20,108	$	20,108	$	—
90.01% to 95.00%		18,271		18,269		3		17,471		17,468		3
80.01% to 90.00%		12,138		11,512		626		11,568		11,084		484
80.00% and below		15,966		2,119		13,847		15,592		2,012		13,580

Total Canada	$	67,938	$	53,463	$	14,476	$	64,739	$	50,672	$	14,067

Australia
95.01% and above	$	9,873	$	9,872	$	1	$	8,773	$	8,772	$	1
90.01% to 95.00%		14,899		14,883		16		13,949		13,933		16
80.01% to 90.00%		21,091		20,919		172		19,849		19,681		168
80.00% and below		41,582		30,780		10,802		39,544		29,223		10,321

Total Australia	$	87,445	$	76,454	$	10,991	$	82,115	$	71,609	$	10,506

Other International
95.01% and above	$	2,644	$	2,564	$	81	$	2,692	$	2,607	$	85
90.01% to 95.00%		3,261		3,153		107		3,288		3,190		98
80.01% to 90.00%		2,558		2,031		526		2,604		2,083		521
80.00% and below		244		166		78		236		157		79

Total Other International	$	8,707	$	7,914	$	792	$	8,820	$	8,037	$	783

Amounts may not total due to rounding.

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

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Payment Protection Insurance

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	375		$	362		$	737		$	347		$	364		$	314		$	320		$	1,345
Net investment income		51			46			97			47			40			44			32			163
Net investment gains (losses)		(1	)		—			(1	)		(2	)		(1	)		(2	)		—			(5	)
Insurance and investment product fees and other		6			10			16			6			7			7			5			25

Total revenues		431			418			849			398			410			363			357			1,528

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		76			72			148			60			60			51			58			229
Acquisition and operating expenses, net of deferrals		216			200			416			199			218			183			181			781
Amortization of deferred acquisition costs and intangibles		80			87			167			84			83			75			77			319
Interest expense		8			6			14			7			5			10			3			25

Total benefits and expenses		380			365			745			350			366			319			319			1,354

INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		51			53			104			48			44			44			38			174
Provision for income taxes		3			15			18			13			15			10			9			47

INCOME FROM CONTINUING OPERATIONS		48			38			86			35			29			34			29			127

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

NET OPERATING INCOME⁽¹⁾	$	49		$	38		$	87		$	36		$	30		$	35		$	29		$	130


Effective tax rate (operating income)		8.7	%		28.2	%		18.5	%		27.8	%		35.1	%		23.3	%		22.8	%		27.5	%

SALES
Payment Protection
Traditional indemnity premiums	$	390		$	334		$	724		$	362		$	378		$	584		$	364		$	1,688
Premium equivalents for administrative services only business		30			35			65			33			44			40			50			167
Reinsurance premiums assumed accounted for under the deposit method		301			270			571			253			232			244			172			901

Total Payment Protection⁽²⁾		721			639			1,360			648			654			868			586			2,756
Mexico operations		20			21			41			22			19			18			19			78

Total Sales	$	741		$	660		$	1,401		$	670		$	673		$	886		$	605		$	2,834


SALES BY REGION
Payment Protection
Established European Regions
Western region	$	120		$	130		$	250		$	129		$	173		$	175		$	198		$	675
Central region		182			153			335			150			157			146			122			575
Southern region		174			137			311			152			127			145			112			536
Nordic region		97			85			182			78			73			77			68			296
New Markets		63			56			119			61			50			43			34			188
Structured Deals⁽³⁾		85			78			163			78			74			282			52			486

Total Payment Protection		721			639			1,360			648			654			868			586			2,756
Mexico operations		20			21			41			22			19			18			19			78

Total Sales	$	741		$	660		$	1,401		$	670		$	673		$	886		$	605		$	2,834

⁽¹⁾	Net operating income adjusted for foreign exchange for our payment protection insurance business was $44 million and $76 million for the three and six months ended June 30, 2008, respectively.

⁽²⁾	Sales adjusted for foreign exchange for our payment protection insurance business was $645 million and $1,223 million for the three months and six months ended June 30, 2008, respectively.

⁽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.

2Q 2008 FINANCIAL SUPPLEMENT

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

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	190		$	183		$	373		$	171		$	159		$	148		$	137		$	615
Net investment income		36			37			73			36			38			36			37			147
Net investment gains (losses)		1			1			2			5			1			—			—			6
Insurance and investment product fees and other		11			8			19			12			8			10			7			37

Total revenues		238			229			467			224			206			194			181			805

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		295			259			554			186			123			60			52			421
Acquisition and operating expenses, net of deferrals		36			37			73			35			30			34			32			131
Amortization of deferred acquisition costs and intangibles		11			9			20			7			10			8			8			33

Total benefits and expenses		342			305			647			228			163			102			92			585

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(104	)		(76	)		(180	)		(4	)		43			92			89			220
Provision (benefit) for income taxes		(45	)		(41	)		(86	)		(4	)		3			26			24			49

INCOME (LOSS) FROM CONTINUING OPERATIONS		(59	)		(35	)		(94	)		—			40			66			65			171
ADJUSTMENT TO INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			(1	)		(1	)		(3	)		(1	)		—			—			(4	)

NET OPERATING INCOME (LOSS)	$	(59	)	$	(36	)	$	(95	)	$	(3	)	$	39		$	66		$	65		$	167


Effective tax rate (operating income (loss))		43.4	%		53.9	%		47.9	%		65.2	%		7.1	%		28.2	%		27.1	%		22.0	%

SALES
New Insurance Written (NIW)
Flow	$	14,000		$	15,000		$	29,000		$	16,000		$	13,200		$	10,800		$	6,900		$	46,900
Bulk		400			100			500			2,200			2,800			11,100			6,100			22,200
Pool		200			100			300			100			100			200			100			500

Total U.S. Mortgage NIW	$	14,600		$	15,200		$	29,800		$	18,300		$	16,100		$	22,100		$	13,100		$	69,600

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Growth Metrics—U.S. Mortgage Insurance

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
Net Premiums Written	$	214		$	202		$	416		$	188		$	167		$	152		$	140		$	647

New Risk Written
Flow	$	3,465		$	3,768		$	7,233		$	4,117		$	3,330		$	2,658		$	1,695		$	11,800
Bulk⁽¹⁾		25			4			29			42			62			320			195			619

Total Primary		3,490			3,772			7,262			4,159			3,392			2,978			1,890			12,419
Pool		7			5			12			6			5			7			3			21

Total New Risk Written	$	3,497		$	3,777		$	7,274		$	4,165		$	3,397		$	2,985		$	1,893		$	12,440

Primary Insurance In-force	$	174,900		$	166,700					$	157,600		$	144,800		$	135,500		$	120,500

Risk In-force
Flow	$	34,667		$	32,398					$	29,817		$	26,687		$	24,442		$	23,013
Bulk⁽¹⁾		1,371			1,355						1,361			1,323			1,268			952

Total Primary		36,038			33,753						31,178			28,010			25,710			23,965
Pool		381			383						393			414			428			436

Total Risk In-force	$	36,419		$	34,136					$	31,571		$	28,424		$	26,138		$	24,401


Other Metrics—U.S. Mortgage Insurance
GAAP Basis Expense Ratio⁽²⁾		25	%		25	%		25	%		25	%		25	%		28	%		29	%		27	%
Adjusted Expense Ratio⁽³⁾		22	%		23	%		22	%		23	%		24	%		27	%		29	%		25	%
Flow Persistency		85	%		83	%					85	%		82	%		78	%		78	%
Gross written premiums ceded to captives/total direct written premiums		20	%		20	%					21	%		21	%		22	%		22	%
Risk to Capital Ratio⁽⁴⁾		13.2:1			12.4:1						11.3:1			9.2:1			8.8:1			8.8:1

Average primary loan size (in thousands)	$	169		$	166					$	164		$	160
Primary risk in-force subject to captives		55	%		58	%					60	%		61	%
Primary risk in-force that is GSE conforming		95	%		95	%					95	%		95	%
Interest only risk in-force with initial reset > 5 years		95	%		94	%					94	%		93	%
Primary risk in-force with potential to reset in 2008⁽⁵⁾		1.3	%		1.4	%					1.6	%		2.0	%
Primary risk in-force with potential to reset in 2009⁽⁵⁾		1.4	%		1.6	%					0.0	%		0.0	%

The 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 amounts previously presented for new risk written and risk in-force have been revised to exclude deductible amounts specific to our GSE Alt-A and portfolio deals where we are in a first loss position.

⁽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⁾	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.

⁽⁴⁾

Certain states limit a private mortgage insurer’s risk in-force to 25 times the total of the insurer’s policyholders’ surplus plus the statutory 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.

⁽⁵⁾	Represents < 5 year adjustable rate mortgages with 2% annual adjustment cap.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Loss Metrics—U.S. Mortgage Insurance

(dollar amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
Paid Claims
Flow	$	89		$	79		$	168		$	64		$	49		$	40		$	38		$	191
Bulk		3			5			8			1			—			1			—			2

Total Primary		92			84			176			65			49			41			38			193
Pool		—			—			—			—			—			—			—			—

Total Paid Claims	$	92		$	84		$	176		$	65		$	49		$	41		$	38		$	193

Average Paid Claim (in thousands)	$	42.9		$	42.4					$	39.2		$	35.8		$	32.5		$	32.2

Number of Primary Delinquencies
Flow		46,700			38,316						35,489			27,609			22,970			21,804
Bulk Loans With Established Reserve		4,475			3,768						2,404			1,338			881			554
Bulk Loans With No Reserve⁽¹⁾		6,630			4,442						3,066			1,809			1,205			1,012

Average Reserve Per Delinquency (in thousands)
Flow	$	19.1		$	15.8					$	12.4		$	12.0		$	11.4		$	11.3
Bulk Loans With Established Reserve		18.2			14.9						11.5			10.2			7.4			6.1
Bulk Loans With No Reserve⁽¹⁾		—			—						—			—			—			—

Beginning Reserves	$	661		$	467		$	467		$	345		$	270		$	251		$	237		$	237
Paid claims		(92	)		(84	)		(176	)		(65	)		(49	)		(41	)		(38	)		(193	)
Increase (decrease) in reserves		404			278			682			187			124			60			52			423

Ending Reserves	$	973		$	661		$	973		$	467		$	345		$	270		$	251		$	467

Captive Reinsurance Recoverable⁽²⁾	$	131		$	21					$	2		$	1		$	1		$	1
Loss Ratio⁽³⁾		155	%		142	%		149	%		109	%		78	%		41	%		38	%		68	%
The loss ratio included above is calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein. ⁽¹⁾ Reserves are not established on loans where we were in a secondary loss position due to an existing deductible and we believe currently have no risk for claim.

⁽²⁾

Reinsurance recoverable includes amounts for book years of business that have reached specified captive attachment levels under non-quota share captive reinsurance arrangements. These amounts do not include captive benefit and paid claim recoveries under quota share and non-captive reinsurance arrangements or any ceded unearned premium recoveries.

⁽³⁾	The ratio of incurred losses and loss adjustment expense to net premiums earned.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance


	2008				2007
	Q2		Q1		Q4		Q3		Q2		Q1
Risk In-force by Credit Quality⁽¹⁾
Primary by FICO Scores >679 (%)	62	%	60	%	59	%	59	%	59	%	60	%
Primary by FICO Scores 620-679	30	%	31	%	32	%	32	%	32	%	32	%
Primary by FICO Scores 575-619	6	%	7	%	7	%	7	%	7	%	6	%
Primary by FICO Scores <575	2	%	2	%	2	%	2	%	2	%	2	%
Flow by FICO Scores >679 (%)	60	%	59	%	58	%	58	%	58	%	58	%
Flow by FICO Scores 620-679	31	%	32	%	33	%	33	%	33	%	33	%
Flow by FICO Scores 575-619	7	%	7	%	7	%	7	%	7	%	7	%
Flow by FICO Scores <575	2	%	2	%	2	%	2	%	2	%	2	%
Bulk by FICO Scores >679 (%)	84	%	84	%	83	%	83	%	84	%	83	%
Bulk by FICO Scores 620-679	14	%	14	%	15	%	15	%	14	%	15	%
Bulk by FICO Scores 575-619	1	%	1	%	1	%	1	%	1	%	1	%
Bulk by FICO Scores <575	1	%	1	%	1	%	1	%	1	%	1	%
Primary A minus and sub-prime	12	%	13	%	13	%	13	%	12	%	12	%

Primary Loans
Insured loans in-force	1,034,697		1,001,430		963,218		905,412		858,550		800,110
Insured delinquent loans	57,805		46,526		40,959		30,756		25,056		23,370
Insured delinquency rate	5.59	%	4.65	%	4.25	%	3.40	%	2.92	%	2.92	%
Flow loans in-force	849,292		812,061		769,481		715,970		674,730		646,004
Flow delinquent loans	46,700		38,316		35,489		27,609		22,970		21,804
Flow delinquency rate	5.50	%	4.72	%	4.61	%	3.86	%	3.40	%	3.38	%
Bulk loans in-force	185,405		189,369		193,737		189,442		183,820		154,106
Bulk delinquent loans	11,105		8,210		5,470		3,147		2,086		1,566
Bulk delinquency rate	5.99	%	4.34	%	2.82	%	1.66	%	1.13	%	1.02	%
A minus and sub-prime loans in-force	110,979		112,383		109,262		100,512		89,023		79,405
A minus and sub-prime delinquent loans	16,171		13,254		12,863		9,632		7,646		6,875
A minus and sub-prime delinquency rate	14.57	%	11.79	%	11.77	%	9.58	%	8.59	%	8.66	%

Pool Loans
Insured loans in-force	20,266		19,536		19,081		21,118		20,653		20,074
Pool delinquent loans	464		415		428		442		398		415
Pool delinquency rate	2.29	%	2.12	%	2.24	%	2.09	%	1.93	%	2.07	%

⁽¹⁾	Loans with unknown FICO scores are included in the 620-679 category.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance


	June 30, 2008				March 31, 2008				June 30, 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⁾	24	%	7.54	%	25	%	6.16	%	26	%	3.33	%
South Central⁽²⁾	17		4.52	%	17		3.77	%	17		2.73	%
Northeast⁽³⁾	13		4.52	%	13		3.97	%	13		3.12	%
Pacific⁽⁴⁾	12		7.11	%	11		5.11	%	9		1.59	%
North Central⁽⁵⁾	11		4.55	%	11		3.89	%	12		2.70	%
Great Lakes⁽⁶⁾	8		6.12	%	8		5.51	%	9		4.42	%
Plains⁽⁷⁾	6		3.13	%	6		2.91	%	6		2.26	%
Mid-Atlantic⁽⁸⁾	5		4.60	%	5		3.70	%	4		2.05	%
New England⁽⁹⁾	4		4.83	%	4		4.21	%	4		2.55	%

Total	100	%	5.59	%	100	%	4.65	%	100	%	2.92	%

By State
Florida	9	%	12.57	%	9	%	9.61	%	9	%	2.95	%
Texas	7	%	4.02	%	7	%	3.62	%	7	%	3.20	%
California	6	%	9.28	%	6	%	6.63	%	4	%	1.40	%
New York	6	%	3.42	%	6	%	3.07	%	6	%	2.46	%
Illinois	5	%	5.30	%	5	%	4.37	%	5	%	3.06	%
Georgia	4	%	6.72	%	4	%	5.88	%	4	%	4.00	%
North Carolina	4	%	4.31	%	4	%	3.89	%	4	%	3.38	%
Pennsylvania	4	%	5.05	%	4	%	4.56	%	4	%	3.90	%
New Jersey	4	%	5.95	%	3	%	4.95	%	3	%	3.28	%
Arizona	3	%	7.27	%	3	%	5.21	%	3	%	1.79	%

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

⁽⁵⁾	Illinois, Minnesota, Missouri and Wisconsin

⁽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.

2Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance

(amounts in millions)


	June 30, 2008		March 31, 2008		June 30, 2007
Primary risk-in-force lender concentration (by original applicant)	$	36,038	$	33,753	$	25,710
Top 10 lenders		17,232		15,004		9,910
Top 20 lenders		20,974		18,811		13,242

Loan-to-value ratio
95.01% and above	$	9,417	$	9,274	$	6,786
90.01% to 95.00%		12,097		11,045		8,329
80.01% to 90.00%		13,494		12,177		9,422
80.00% and below		1,030		1,257		1,173

Total	$	36,038	$	33,753	$	25,710

Loan grade
Prime	$	31,816	$	29,503	$	22,549
A minus and sub-prime		4,222		4,250		3,161

Total	$	36,038	$	33,753	$	25,710

Loan type⁽¹⁾
Fixed rate mortgage
Flow	$	33,552	$	31,248	$	23,221
Bulk		752		735		640
Adjustable rate mortgage
Flow		1,115		1,151		1,221
Bulk		619		619		628

Total	$	36,038	$	33,753	$	25,710

Type of documentation
Alt-A
Flow	$	1,467	$	1,526	$	1,456
Bulk		337		337		267
Standard⁽²⁾
Flow		33,200		30,872		22,986
Bulk		1,034		1,018		1,001

Total	$	36,038	$	33,753	$	25,710

Mortgage term
15 years and under	$	430	$	377	$	372
More than 15 years		35,608		33,376		25,338

Total	$	36,038	$	33,753	$	25,710

⁽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. There are no second mortgages in primary flow and bulk risk-in-force.

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

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance

(amounts in millions)


	As of June 30, 2008
Policy Year	Average Rate		Primary Insurance In-force			Percent of Total		Primary Risk In-force		Percent of Total
1997 and Prior	8.13	%	$	1,698		1.0	%	$	422	1.2	%
1998	7.15	%		724		0.4			191	0.5
1999	7.31	%		875		0.5			221	0.6
2000	8.16	%		574		0.3			140	0.4
2001	7.41	%		1,954		1.1			494	1.4
2002	6.60	%		4,862		2.8			1,193	3.3
2003	5.64	%		19,315		11.0			3,229	9.0
2004	5.86	%		10,489		6.0			2,275	6.3
2005	5.97	%		15,752		9.0			3,901	10.8
2006	6.64	%		28,482		16.3			5,409	15.0
2007	6.76	%		61,158		35.0			11,410	31.7
2008	6.22	%		29,022		16.6			7,153	19.8

Total portfolio			$	174,905		100.0	%	$	36,038	100.0	%


Occupancy and Property Type	As of June 30, 2008		As of March 31, 2008
Occupancy Status % of Primary Risk In-force
Primary residence	92.6	%		92.4	%
Second home	4.2			4.2
Non-owner occupied	3.2			3.4

Total	100.0	%		100.0	%

Property Type % of Primary Risk In-force
Single family detached	85.5	%		85.5	%
Condominium	11.0			10.8
Multi-family and other	3.5			3.7

Total	100.0	%		100.0	%

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance

(amounts in billions)


	FICO > 679						FICO 620 - 679⁽¹⁾						FICO < 620						Total
	2008						2008						2008						2008
Primary Risk In-force	Q2			Q1			Q2			Q1			Q2			Q1			Q2			Q1
Total Primary Risk In-force	$	22.2		$	20.2		$	10.8		$	10.5		$	3.0		$	3.0		$	36.0		$	33.8
Delinquency rate⁽²⁾		3.3	%		2.6	%		8.1	%		6.8	%		15.4	%		12.7	%		5.6	%		4.7	%
2008 policy year	$	5.3		$	2.6		$	1.5		$	0.9		$	0.3		$	0.2		$	7.2		$	3.7
Delinquency rate		0.3	%		0.1	%		1.2	%		0.3	%		17.1	%		1.0	%		0.7	%		0.2	%
2007 policy year	$	6.6		$	6.7		$	3.6		$	3.7		$	1.2		$	1.3		$	11.4		$	11.7
Delinquency rate		4.4	%		2.9	%		7.5	%		5.2	%		17.1	%		12.3	%		6.6	%		4.5	%
2006 policy year	$	3.2		$	3.3		$	1.7		$	1.8		$	0.5		$	0.5		$	5.4		$	5.6
Delinquency rate		6.5	%		4.5	%		11.4	%		8.8	%		17.6	%		15.1	%		8.9	%		6.6	%
2005 policy year	$	2.3		$	2.4		$	1.3		$	1.4		$	0.3		$	0.3		$	3.9		$	4.1
Delinquency rate		4.1	%		3.2	%		9.5	%		8.1	%		15.1	%		13.2	%		6.7	%		5.5	%
2004 & prior policy years	$	4.9		$	5.2		$	2.6		$	2.8		$	0.6		$	0.6		$	8.2		$	8.6
Delinquency rate		2.2	%		1.9	%		8.6	%		8.2	%		15.1	%		14.0	%		4.9	%		4.5	%

Fixed rate mortgage	$	21.1		$	19.1		$	10.3		$	10.0		$	2.9		$	2.9		$	34.3		$	32.0
Delinquency rate		2.6	%		2.0	%		7.6	%		6.4	%		15.0	%		12.3	%		5.0	%		4.2	%
Adjustable rate mortgage	$	1.2		$	1.2		$	0.5		$	0.5		$	0.1		$	0.1		$	1.7		$	1.8
Delinquency rate		12.3	%		9.1	%		17.2	%		14.6	%		29.2	%		25.3	%		13.9	%		10.8	%

LTV > 95%	$	4.7		$	4.5		$	3.5		$	3.5		$	1.2		$	1.2		$	9.4		$	9.3
Delinquency rate		2.8	%		2.2	%		8.9	%		7.1	%		18.7	%		15.2	%		7.2	%		5.9	%
Alt-A⁽³⁾	$	1.2		$	1.3		$	0.5		$	0.5		$	0.1		$	0.1		$	1.8		$	1.9
Delinquency rate		10.1	%		6.7	%		17.8	%		13.9	%		26.1	%		20.9	%		12.2	%		8.6	%
Interest only & option ARMs	$	3.0		$	2.9		$	1.0		$	1.0		$	0.2		$	0.2		$	4.1		$	4.1
Delinquency rate		10.6	%		7.3	%		16.2	%		12.0	%		25.3	%		19.7	%		12.0	%		8.5	%

Amounts may not total due to rounding.

⁽¹⁾	Loans with unknown FICO scores are included in the 620 - 679 category.

⁽²⁾	Delinquency rate represents the number of lender reported delinquencies divided by the number of remaining policies consistent with mortgage insurance practices.

⁽³⁾	Alt-A consists of loans with reduced documentation or verification of income or assets and a higher historical and expected delinquency rate than standard documentation loans.

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Other Metrics—U.S. Mortgage Insurance Bulk Risk In-force

(dollar amounts in millions)


	June 30, 2008			March 31, 2008			December 31, 2007
GSE Alt-A
Risk in-force	$	340		$	340		$	340
Average FICO score		718			718			719
Loan-to-value ratio		79	%		79	%		79	%
Standard documentation⁽¹⁾		22	%		28	%		28	%
Stop loss		100	%		100	%		100	%
Deductible		81	%		85	%		85	%

Portfolio
Risk in-force	$	524		$	527		$	532
Average FICO score		723			723			724
Loan-to-value ratio		76	%		76	%		76	%
Standard documentation		97	%		97	%		97	%
Stop loss		100	%		100	%		100	%
Deductible		22	%		27	%		27	%

FHLB
Risk in-force	$	408		$	385		$	382
Average FICO score		744			743			743
Loan-to-value ratio		69	%		68	%		68	%
Standard documentation		86	%		88	%		88	%
Stop loss		91	%		96	%		96	%
Deductible		100	%		100	%		100	%

Other
Risk in-force	$	99		$	103		$	107
Average FICO score		717			717			727
Loan-to-value ratio		93	%		93	%		94	%
Standard documentation		96	%		99	%		100	%
Stop loss		11	%		9	%		11	%
Deductible		—	%		—	%		—	%
Total Bulk Risk In-force	$	1,371		$	1,355		$	1,361

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

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

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


Book Year⁽²⁾	Original Book RIF ($B)		Progression to Attachment Point	June 30, 2008						March 31, 2008						December 31, 2007
Book Year⁽²⁾	Original Book RIF ($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)		Current RIF ($B)		Ever to Date Incurred Losses ($MM)		Captive Benefit ($MM)
2005			0-50%	$	0.4	$	10			$	0.5	$	10			$	0.8	$	16
2005			50-75%		0.4		22				1.6		72				1.5		56
2005			75-99%		1.1		72				0.2		11				0.4		15
2005			Attached		0.6		44				0.3		20				—		2

2005 Total	$	4.4		$	2.5	$	148	$	6	$	2.6	$	113	$	1	$	2.7	$	89	$	—

2006			0-50%	$	0.2	$	2			$	0.5	$	11			$	0.7	$	10
2006			50-75%		0.4		17				0.3		8				1.8		55
2006			75-99%		0.4		26				0.5		23				0.8		31
2006			Attached		2.1		185				2.0		113				0.1		5

2006 Total	$	4.2		$	3.1	$	230		61	$	3.3	$	155		17	$	3.4	$	101		1

2007			0-50%	$	1.0	$	17			$	4.3	$	77			$	6.9	$	56
2007			50-75%		1.0		33				1.0		23				—		—
2007			75-99%		2.2		77				0.8		25				—		—
2007			Attached		2.2		128				0.5		22				—		—

2007 Total	$	6.9		$	6.4	$	255		43	$	6.6	$	147		1	$	6.9	$	56		—


Captive Benefit In Quarter ($MM)								$	110					$	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.

2Q 2008 FINANCIAL SUPPLEMENT

Net Operating Loss—Corporate and Other⁽ ¹⁾

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	6		$	5		$	11		$	4		$	8		$	5		$	7		$	24
Net investment income		14			20			34			23			12			15			15			65
Net investment gains (losses)		(33	)		(10	)		(43	)		(3	)		(11	)		(1	)		—			(15	)
Insurance and investment product fees and other		2			2			4			(3	)		—			(1	)		2			(2	)

Total revenues		(11	)		17			6			21			9			18			24			72

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1			—			1			—			—			1			—			1
Acquisition and operating expenses, net of deferrals⁽²⁾		13			6			19			17			9			10			21			57
Amortization of deferred acquisition costs and intangibles⁽²⁾		1			2			3			1			2			1			14			18
Interest expense		63			58			121			60			59			63			60			242

Total benefits and expenses		78			66			144			78			70			75			95			318

LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(89	)		(49	)		(138	)		(57	)		(61	)		(57	)		(71	)		(246	)
Benefit from income taxes		(7	)		—			(7	)		(19	)		(21	)		(20	)		(24	)		(84	)

LOSS FROM CONTINUING OPERATIONS		(82	)		(49	)		(131	)		(38	)		(40	)		(37	)		(47	)		(162	)

ADJUSTMENTS TO LOSS FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		20			7			27			1			6			—			—			7
Expenses related to reorganization, net of taxes		—			—			—			—			—			—			14			14

NET OPERATING LOSS	$	(62	)	$	(42	)	$	(104	)	$	(37	)	$	(34	)	$	(37	)	$	(33	)	$	(141	)


Effective tax rate (operating income (loss))		7.5	%					8.1	%		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.

2Q 2008 FINANCIAL SUPPLEMENT

Investments Summary

(amounts in millions)


			June 30, 2008				March 31, 2008				December 31, 2007				September 30, 2007				June 30, 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			$	25,724	35	%	$	25,968	35	%	$	26,166	35	%	$	25,684	35	%	$	24,721	34	%
Private fixed maturities				9,791	13			10,001	14			10,425	14			10,712	15			10,692	15
Mortgage-backed (MBS):	Residential mortgage-backed securities			2,554	3			2,772	4			3,260	5			3,807	5			3,794	5
	Commercial mortgage-backed securities			4,758	7			4,751	6			5,148	7			5,397	7			5,480	8
Asset-backed (ABS):	Residential mortgage-backed securities			952	1			1,290	2			1,632	2			1,927	3			2,395	3
	Other non-residential collateral			2,969	4			3,358	5			3,591	5			3,423	5			3,327	5
Tax exempt				2,315	3			2,215	3			2,227	3			2,153	3			2,369	3
Non-investment grade fixed maturities				2,824	4			2,676	4			2,705	4			2,672	4			2,789	4
Equity securities:
Common stocks and mutual funds				71	—			34	—			47	—			62	—			58	—
Preferred stocks				338	1			360	1			319	1			185	—			143	—
Commercial mortgage loans				8,573	12			8,822	12			8,953	12			8,839	12			8,798	12
Policy loans				1,806	2			1,654	2			1,651	2			1,650	2			1,635	2
Cash, cash equivalents and short-term investments				5,983	8			3,873	5			3,168	4			3,149	4			2,968	4
Securities lending				1,836	3			2,443	3			2,397	3			2,279	3			2,161	3
Other invested assets:	Limited partnerships⁽¹⁾			701	1			690	1			632	1			554	1			424	1
	Derivatives:
	LTC forward starting swap—cash flow			747	1			901	1			655	1			372	1			223	—
	Other cash flow			38	—			62	—			15	—			9	—			3	—
	Fair value			101	—			173	—			83	—			33	—			4	—
	Equity index options—non-qualified			217	—			212	—			127	—			72	—			25	—
	Other non-qualified			25	—			39	—			20	—			10	—			5	—
	Trading portfolio			237	1			236	1			254	—			254	—			135	—
	Counterparty collateral			478	1			664	1			372	1			217	—			89	—
	Other⁽²⁾			112	—			78	—			44	—			—	—			364	1

Total invested assets and cash			$	73,150	100	%	$	73,272	100	%	$	73,891	100	%	$	73,460	100	%	$	72,602	100	%

Public Fixed Maturities—Credit Quality:
NAIC Designation		Rating Agency Equivalent Designation
1		Aaa	$	11,245	30	%	$	12,275	32	%	$	13,133	33	%	$	13,245	33	%	$	12,452	31	%
1		Aa		7,133	19			6,804	17			6,811	17			7,141	18			7,176	18
1		A		11,044	29			11,155	29			11,368	29			11,247	28			11,746	29
2		Baa		6,588	17			6,671	18			6,791	17			6,713	17			6,605	17
3		Ba		1,299	4			1,210	3			1,210	3			1,258	3			1,237	3
4		B		524	1			508	1			530	1			565	1			655	2
5		Caa and lower		97	—			68	—			47	—			32	—			19	—
6		In or near default		10	—			12	—			6	—			3	—			7	—
Not rated		Not rated		24	—			—	—			—	—			—	—			—	—

		Total public fixed maturities	$	37,964	100	%	$	38,703	100	%	$	39,896	100	%	$	40,204	100	%	$	39,897	100	%

Private Fixed Maturities—Credit Quality:
NAIC Designation		Rating Agency Equivalent Designation
1		Aaa	$	2,296	16	%	$	2,656	19	%	$	2,917	19	%	$	2,810	18	%	$	2,706	17	%
1		Aa		1,944	14			2,054	14			2,128	14			2,300	15			2,463	16
1		A		3,851	28			3,542	25			3,852	25			4,079	26			4,095	26
2		Baa		4,962	36			5,198	36			5,449	36			5,568	36			5,535	35
3		Ba		710	5			758	5			789	5			702	4			744	5
4		B		126	1			69	1			78	1			79	1			90	1
5		Caa and lower		27	—			28	—			26	—			27	—			30	—
6		In or near default		5	—			4	—			5	—			6	—			6	—
Not rated		Not rated		2	—			19	—			14	—			—	—			1	—

		Total private fixed maturities	$	13,923	100	%	$	14,328	100	%	$	15,258	100	%	$	15,571	100	%	$	15,670	100	%


⁽¹⁾ Limited partnerships by type:
Distressed Bond and Equity Fund			$	156			$	155			$	153			$	135			$	133
Real Estate				286				272				237				209				116
Infrastructure				126				121				104				92				72
Private Equity				76				67				67				63				67
Mezzanine				31				48				44				33				16
Strategic Equity				10				11				11				13				13
Strategic Funds				7				7				7				7				7
Oil and Gas				9				9				9				2				—

			$	701			$	690			$	632			$	554			$	424

⁽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.

2Q 2008 FINANCIAL SUPPLEMENT

Fixed Maturities Summary

(amounts in millions)


	June 30, 2008				March 31, 2008				December 31, 2007				September 30, 2007				June 30, 2007
	Fair Value		% of Total		Fair Value		% of Total		Fair Value		% of Total		Fair Value		% of Total		Fair Value		% of Total
*Fixed Maturities—Security Sector:*
U.S. government, agencies & government sponsored entities	$	531	1	%	$	529	1	%	$	594	1	%	$	645	1	%	$	632	1	%
Tax exempt		2,372	5			2,217	4			2,228	4			2,155	4			2,371	4
Foreign government⁽¹⁾		2,796	5			2,699	5			2,432	4			2,294	4			1,725	3
U.S. corporate		22,228	43			22,974	44			23,563	43			23,540	42			24,064	44
Foreign corporate		12,411	24			12,320	23			12,579	23			12,465	22			11,657	21
Mortgage-backed (MBS): Residential mortgage-backed securities		2,613	5			2,773	5			3,262	6			3,808	7			3,794	7
Commercial mortgage-backed securities		4,865	9			4,853	9			5,263	9			5,513	10			5,600	10
Asset-backed (ABS): Residential mortgage-backed securities		1,099	3			1,307	3			1,640	3			1,930	4			2,397	4
Other non-residential collateral		2,972	5			3,359	6			3,593	7			3,425	6			3,327	6

Total fixed maturities⁽²⁾	$	51,887	100	%	$	53,031	100	%	$	55,154	100	%	$	55,775	100	%	$	55,567	100	%

*Corporate Bond Holdings—Industry Sector:*
Investment Grade:
Finance and insurance	$	12,062	38	%	$	11,923	36	%	$	12,203	36	%	$	12,605	37	%	$	12,542	37	%
Utilities and energy		6,021	18			6,170	19			6,174	18			5,962	18			5,885	18
Consumer—non cyclical		3,385	10			3,581	11			3,750	11			3,640	11			3,494	10
Consumer—cyclical		1,584	5			1,817	5			1,874	6			1,893	6			1,860	6
Capital goods		2,022	6			1,767	5			1,811	5			1,826	5			1,728	5
Industrial		1,485	5			1,444	4			1,520	4			1,455	4			1,413	4
Technology and communications		1,717	5			1,931	6			1,986	6			1,992	6			2,032	6
Transportation		1,313	4			1,230	4			1,237	4			1,200	3			1,059	3
Other		3,060	9			3,402	10			3,534	10			3,386	10			3,589	11

Subtotal	$	32,649	100	%	$	33,265	100	%	$	34,089	100	%	$	33,959	100	%	$	33,602	100	%

Non-Investment Grade:
Finance and insurance	$	104	5	%	$	232	11	%	$	272	13	%	$	212	10	%	$	224	11	%
Utilities and energy		198	10			212	11			186	9			214	11			227	11
Consumer—non cyclical		413	21			412	20			427	21			459	23			394	19
Consumer—cyclical		229	11			316	16			337	17			340	17			346	16
Capital goods		212	11			146	7			142	7			112	5			136	6
Industrial		395	20			257	13			220	11			231	11			268	13
Technology and communications		349	17			350	17			391	19			401	20			381	18
Transportation		58	3			66	3			59	3			68	3			71	3
Other		32	2			38	2			19	—			9	—			72	3

Subtotal	$	1,990	100	%	$	2,029	100	%	$	2,053	100	%	$	2,046	100	%	$	2,119	100	%

Total	$	34,639	100	%	$	35,294	100	%	$	36,142	100	%	$	36,005	100	%	$	35,721	100	%

*Fixed Maturities—Contractual Maturity Dates:*
Due in one year or less	$	2,213	4	%	$	2,211	4	%	$	2,278	4	%	$	2,045	4	%	$	2,059	4	%
Due after one year through five years		12,279	24			12,026	23			11,434	21			11,330	20			10,639	19
Due after five years through ten years		8,854	17			9,215	17			9,441	17			9,758	18			9,732	18
Due after ten years		16,992	33			17,287	33			18,243	33			17,966	32			18,019	32

Subtotal		40,338	78			40,739	77			41,396	75			41,099	74			40,449	73
Mortgage and asset-backed		11,549	22			12,292	23			13,758	25			14,676	26			15,118	27

Total fixed maturities	$	51,887	100	%	$	53,031	100	%	$	55,154	100	%	$	55,775	100	%	$	55,567	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:

	June 30, 2008
	Fair Value		% of Total
Priced via independent pricing services	$	42,950	83	%
Priced via broker expectations		2,315	4
Priced via internally developed matrices		6,534	13
Priced via other methods		88	—

Total fixed maturities	$	51,887	100	%

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

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

(amounts in millions)

Fair Value by Vintage and Rating as of June 30, 2008:


S&P Rating	2004 and Prior		2005		First Half 2006		Second Half 2006		2007		2008		Total⁽¹⁾
AAA	$	71	$	99	$	63	$	101	$	51	$	—	$	385
AA		61		89		18		43		18		—		229

Subtotal		132		188		81		144		69		—		614
A		71		42		16		—		14		—		143
BBB		33		19		3		5		1		—		61
BB		13		29		14		11		1		—		68
B		—		21		14		1		8		—		44
Caa and lower		1		11		14		3		2		—		31
In or near default		—		1		1		—		—		—		2

Total	$	250	$	311	$	143	$	164	$	95	$	—	$	963

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.

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
In or near default		—			—			—			—			—			—		—

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

Net Unrealized Losses by Vintage and Rating as of June 30, 2008:
S&P Rating	2004 and Prior			2005			First Half 2006			Second Half 2006			2007			2008		Total
AAA	$	(8	)	$	(7	)	$	(4	)	$	(22	)	$	(10	)	$	—	$	(51	)
AA		(19	)		(44	)		(15	)		(21	)		(26	)		—		(125	)

Subtotal		(27	)		(51	)		(19	)		(43	)		(36	)		—		(176	)
A		(20	)		(39	)		(18	)		(2	)		(20	)		—		(99	)
BBB		(12	)		(21	)		—			(2	)		—			—		(35	)
BB		(8	)		(13	)		(11	)		(13	)		—			—		(45	)
B		—			(18	)		(1	)		—			(3	)		—		(22	)
Caa and lower		(1	)		(1	)		—			—			—			—		(2	)
In or near default		—			—			—			—			—			—		—

Total	$	(68	)	$	(143	)	$	(49	)	$	(60	)	$	(59	)	$	—	$	(379	)

⁽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:


	June 30, 2008
	Fair Value		% of Total
Priced via independent pricing services	$	935	97	%
Priced via broker expectations		26	3
Priced via internally developed matrices		2	—

Total sub-prime investments	$	963	100	%

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

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

(amounts in millions)

Fair Value by Vintage and Rating as of June 30, 2008:


S&P Rating	2004 and Prior		2005		First Half 2006		Second Half 2006		2007		2008		Total⁽¹⁾
AAA	$	127	$	160	$	97	$	16	$	72	$	—	$	472
AA		17		64		9		2		—		—		92

Subtotal		144		224		106		18		72		—		564
A		14		68		5		22		2		—		111
BBB		21		19		11		—		—		—		51
BB		—		6		6		2		—		—		14
B		—		7		8		—		—		—		15
Caa and lower		—		1		3		—		—		—		4
In or near default		—		—		3		—		—		—		3

Total	$	179	$	325	$	142	$	42	$	74	$	—	$	762

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
In or near default		—		—		—		—		—		—		—

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

Net Unrealized Losses by Vintage and Rating as of June 30, 2008:


S&P Rating	2004 and Prior			2005			First Half 2006			Second Half 2006			2007			2008		Total
AAA	$	(16	)	$	(34	)	$	(17	)	$	(4	)	$	(43	)	$	—	$	(114	)
AA		(6	)		(41	)		(1	)		(4	)		—			—		(52	)

Subtotal		(22	)		(75	)		(18	)		(8	)		(43	)		—		(166	)
A		(9	)		(56	)		(2	)		(8	)		—			—		(75	)
BBB		(14	)		(11	)		(19	)		—			—			—		(44	)
BB		—			(1	)		(6	)		(4	)		—			—		(11	)
B		—			(3	)		—			—			—			—		(3	)
Caa and lower		—			—			1			—			—			—		1
In or near default		—			—			—			—			—			—		—

Total	$	(45	)	$	(146	)	$	(44	)	$	(20	)	$	(43	)	$	—	$	(298	)

⁽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:


	June 30, 2008
	Fair Value		% of Total
Priced via independent pricing services	$	640	84	%
Priced via broker expectations		106	14
Priced via internally developed matrices		16	2

Total Alt-A investments	$	762	100	%

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Additional Information on Commercial Mortgage-backed Securities

(amounts in millions)

Fair Value by Vintage and Rating as of June 30, 2008:


S&P Rating	2004 and Prior		2005		2006		2007		2008		Total⁽¹⁾
AAA	$	2,111	$	337	$	584	$	501	$	—	$	3,533
AA		113		84		252		131		—		580

Subtotal		2,224		421		836		632		—		4,113
A		145		63		122		138		—		468
BBB		44		24		70		38		—		176
BB		55		4		—		—		—		59
B		16		—		—		—		—		16
Caa and lower		8		—		22		—		—		30
In or near default		3		—		—		—		—		3

Total	$	2,495	$	512	$	1,050	$	808	$	—	$	4,865

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

Net Unrealized Losses by Vintage and Rating as of June 30, 2008:
S&P Rating	2004 and Prior			2005			2006			2007			2008		Total
AAA	$	(38	)	$	(28	)	$	(50	)	$	(56	)	$	—	$	(172	)
AA		(13	)		(14	)		(39	)		(30	)		—		(96	)

Subtotal		(51	)		(42	)		(89	)		(86	)		—		(268	)
A		(17	)		(12	)		(29	)		(34	)		—		(92	)
BBB		(7	)		(11	)		(16	)		(12	)		—		(46	)
BB		(3	)		(3	)		—			—			—		(6	)
B		(1	)		—			—			—			—		(1	)
Caa and lower		(1	)		—			(2	)		—			—		(3	)
In or near default		1			—			—			—			—		1

Total	$	(79	)	$	(68	)	$	(136	)	$	(132	)	$	—	$	(415	)

⁽¹⁾

Our fixed maturity portfolio includes commercial mortgage-backed securities. As of June 30, 2008, 65% of our commercial mortgage-backed securities related to loans with fixed interest rates, and 35% 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 60%.

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


	June 30, 2008
	Fair Value		% of Total
Priced via independent pricing services	$	4,162	86	%
Priced via broker expectations		611	13
Priced via internally developed matrices		64	1
Priced via other methods		28	—

Total commercial mortgage backed securities	$	4,865	100	%

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Commercial Mortgage Loans Summary

(amounts in millions)


	June 30, 2008					March 31, 2008					December 31, 2007					September 30, 2007					June 30, 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	$	2,247		27	%	$	2,323		27	%	$	2,339		26	%	$	2,317		26	%	$	2,333		26	%
South Atlantic		1,990		23			2,023		23			2,057		23			2,073		23			1,967		22
Middle Atlantic		1,109		13			1,155		13			1,226		14			1,110		13			1,122		13
East North Central		826		10			857		10			874		10			872		10			860		10
Mountain		783		9			790		9			794		9			790		9			764		9
West South Central		386		4			398		4			409		4			388		4			369		4
West North Central		451		5			467		5			464		5			468		5			551		7
East South Central		267		3			294		3			296		3			316		4			293		3
New England		526		6			528		6			514		6			522		6			553		6

Subtotal		8,585		100	%		8,835		100	%		8,973		100	%		8,856		100	%		8,812		100	%

Allowance for losses		(20	)				(21	)				(26	)				(21	)				(18	)
Unamortized fees and costs		8					8					6					4					4

Total	$	8,573				$	8,822				$	8,953				$	8,839				$	8,798

*Property Type*
Office	$	2,271		26	%	$	2,371		27	%	$	2,454		27	%	$	2,422		27	%	$	2,463		28	%
Industrial		2,220		26			2,292		26			2,326		26			2,322		26			2,315		26
Retail		2,446		28			2,476		27			2,465		27			2,438		28			2,369		27
Apartments		988		12			1,031		12			1,054		12			975		11			962		11
Mixed use/other		660		8			665		8			674		8			699		8			703		8

Subtotal		8,585		100	%		8,835		100	%		8,973		100	%		8,856		100	%		8,812		100	%

Allowance for losses		(20	)				(21	)				(26	)				(21	)				(18	)
Unamortized fees and costs		8					8					6					4					4

Total	$	8,573				$	8,822				$	8,953				$	8,839				$	8,798

	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	$	3,511		42	%	$	3,631		41	%	$	3,671		41	%	$	3,691		42	%	$	3,684		42	%
$5 million but less than $10 million		2,011		23			2,080		24			2,073		23			2,064		23			2,039		23
$10 million but less than $20 million		1,645		19			1,630		18			1,646		18			1,635		19			1,636		19
$20 million but less than $30 million		362		4			431		5			442		5			485		5			490		5
$30 million and over		1,055		12			1,055		12			1,116		13			981		11			963		11

Subtotal		8,584		100	%		8,827		100	%		8,948		100	%		8,856		100	%		8,812		100	%

Net premium/discount		1					8					25					—					—

Total	$	8,585				$	8,835				$	8,973				$	8,856				$	8,812



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

Ending balance	$	20				$	21				$	26				$	21				$	18

Commercial Mortgage Loan Information by Vintage

(loan amounts in millions)

As of June 30, 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	$	3,305	$	—	1,236	—	$	3	NA	39	%
2005		1,743		—	332	—		5	NA	50	%
2006		1,663		—	307	—		5	NA	41	%
2007		1,703		—	233	—		7	NA	29	%
2008		170		—	98	—		2	NA	57	%

Total	$	8,584	$	—	2,206	—	$	4	NA	39	%

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

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

General Account GAAP Net Investment Income Yields

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
GAAP Net Investment Income
Fixed maturities—taxable	$	715		$	764		$	1,479		$	802		$	821		$	792		$	774		$	3,189
Fixed maturities—non-taxable		26			25			51			25			26			26			25			102
Commercial mortgage loans		136			143			279			142			142			134			130			548
Equity securities		10			10			20			11			6			7			7			31
Other invested assets		22			18			40			19			11			17			6			53
Limited partnerships⁽¹⁾		(10	)		6			(4	)		9			26			5			4			44
Policy loans		40			39			79			38			36			36			34			144
Cash, cash equivalents and short-term investments		41			25			66			32			28			32			27			119

Gross investment income before expenses and fees		980			1,030			2,010			1,078			1,096			1,049			1,007			4,230
Expenses and fees		(27	)		(28	)		(55	)		(25	)		(22	)		(25	)		(23	)		(95	)

Net investment income	$	953		$	1,002		$	1,955		$	1,053		$	1,074		$	1,024		$	984		$	4,135

Annualized Yields
Fixed maturities—taxable		5.4	%		5.7	%		5.5	%		5.9	%		6.1	%		6.0	%		5.9	%		6.0	%
Fixed maturities—non-taxable		4.5	%		4.6	%		4.5	%		4.6	%		4.8	%		4.6	%		4.8	%		4.7	%
Commercial mortgage loans		6.2	%		6.4	%		6.3	%		6.4	%		6.4	%		6.2	%		6.2	%		6.3	%
Equity securities		10.3	%		11.2	%		10.8	%		16.0	%		13.4	%		16.1	%		15.2	%		14.5	%
Other invested assets		11.7	%		10.9	%		11.8	%		16.6	%		9.8	%		13.9	%		5.5	%		11.2	%
Limited partnerships⁽¹⁾		-5.9	%		3.3	%		-1.4	%		5.9	%		21.2	%		4.9	%		5.3	%		9.9	%
Policy loans		9.2	%		9.4	%		9.2	%		9.2	%		9.0	%		9.2	%		9.0	%		9.1	%
Cash, cash equivalents and short-term investments		3.3	%		2.9	%		3.1	%		4.0	%		3.6	%		5.0	%		4.6	%		4.2	%

Gross investment income before expenses and fees		5.4	%		5.8	%		5.6	%		6.0	%		6.2	%		6.0	%		5.9	%		6.0	%
Expenses and fees		-0.1	%		-0.2	%		-0.2	%		-0.1	%		-0.1	%		-0.1	%		-0.1	%		-0.1	%

Net investment income		5.3	%		5.6	%		5.4	%		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.

2Q 2008 FINANCIAL SUPPLEMENT

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

(amounts in millions)


	2008									2007
	Q2			Q1			Total			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	$	(6	)	$	(1	)	$	(7	)	$	1
U.S. government		6			—			6			—
Foreign corporate		8			—			8			—
Foreign government		7			2			9			—
Tax exempt		3			—			3			—
Mortgage-backed (MBS) fixed maturities		—			—			—			(5	)
Asset-backed (ABS) fixed maturities		(1	)		—			(1	)		(1	)
Equity securities		—			1			1			2

Total net realized gains (losses) on available-for-sale securities		17			2			19			(3	)

Impairments:
Public corporate fixed maturities		(20	)		(32	)		(52	)		(19	)
Limited partnerships		—			—			—			(1	)
Equity securities		(3	)		—			(3	)		(3	)
Alt-A residential mortgage-backed securities:
AA		(4	)		—			(4	)		—
A		(16	)		(20	)		(36	)		(7	)
BBB		(5	)		(10	)		(15	)		(7	)
Below BBB		(35	)		(17	)		(52	)		(8	)
Sub-prime residential mortgage-backed securities:
AA		—			(2	)		(2	)		(18	)
A		(8	)		(3	)		(11	)		—
BBB		(4	)		(8	)		(12	)		(19	)
Below BBB		(40	)		(15	)		(55	)		(34	)
Prime residential mortgage-backed securities:
A		(5	)		(5	)		(10	)		—
BBB		(3	)		(1	)		(4	)		—
Below BBB		—			—			—			—
Change in intent:
Alt-A		(55	)		—			(55	)		—
Sub-prime		(159	)		—			(159	)		—
Prime		(1	)		—			(1	)		—
Other mortgage-backed securities		—			(1	)		(1	)		(7	)
Commercial mortgage-backed securities (CMBS):
A		—			(3	)		(3	)		—
BBB		—			(1	)		(1	)		—
Below BBB		(1	)		(3	)		(4	)		—

Total impairments		(359	)		(121	)		(480	)		(123	)

Net unrealized gains (losses) on trading securities		1			(5	)		(4	)		(7	)
Derivative instruments		6			(22	)		(16	)		(3	)
Bank loans		—			(2	)		(2	)		—
Commercial mortgage loans held-for-sale market valuation allowance		(1	)		1			—			(3	)

Net investment gains (losses), net of taxes		(336	)		(147	)		(483	)		(139	)

DAC and other intangible amortization related to net investment gains (losses)		15			19			34			5

Net investment gains (losses), net of taxes and other adjustments	$	(321	)	$	(128	)	$	(449	)	$	(134	)

RECONCILIATIONS OF NON-GAAP MEASURES

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Reconciliation of Operating ROE

(amounts in millions)


	Twelve months ended
Twelve Month Rolling Average ROE	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007
GAAP Basis ROE
Net income for the twelve months ended⁽¹⁾	$	524		$	1,012		$	1,220		$	1,415		$	1,380
Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	12,633		$	12,549		$	12,431		$	12,310		$	12,181
GAAP Basis ROE⁽¹⁾ divided by⁽²⁾		4.1	%		8.1	%		9.8	%		11.5	%		11.3	%

Operating ROE
Net operating income for the twelve months ended⁽¹⁾	$	1,138		$	1,277		$	1,373		$	1,414		$	1,343
Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	12,633		$	12,549		$	12,431		$	12,310		$	12,181
Operating ROE⁽¹⁾divided by⁽²⁾		9.0	%		10.2	%		11.0	%		11.5	%		11.0	%

⁽¹⁾	The twelve months ended information is derived by adding the four quarters of net income and net operating income from page 10 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	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007
GAAP Basis ROE
Net income (loss) for the period ended⁽³⁾	$	(109	)	$	116		$	178		$	339		$	379
Average stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	12,688		$	12,756		$	12,686		$	12,518		$	12,307
Annualized GAAP Quarterly Basis ROE⁽³⁾ divided by⁽⁴⁾		-3.4	%		3.6	%		5.6	%		10.8	%		12.3	%

Operating ROE
Net operating income for the period ended⁽³⁾	$	212		$	244		$	314		$	368		$	351
Average stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	12,688		$	12,756		$	12,686		$	12,518		$	12,307
Annualized Operating Quarterly Basis ROE⁽³⁾ divided by⁽⁴⁾		6.7	%		7.7	%		9.9	%		11.8	%		11.4	%

⁽³⁾	Net income (loss) 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.

2Q 2008 FINANCIAL SUPPLEMENT

Reconciliation of Expense Ratio

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
GAAP Basis Expense Ratio
Acquisition and operating expenses, net of deferrals⁽¹⁾	$	551		$	528		$	1,079		$	551		$	540		$	495		$	489		$	2,075
Total revenues⁽²⁾	$	2,398		$	2,753		$	5,151		$	2,775		$	2,875		$	2,765		$	2,710		$	11,125

Expense ratio⁽¹⁾ divided by⁽²⁾		23.0	%		19.2	%		20.9	%		19.9	%		18.8	%		17.9	%		18.0	%		18.7	%

GAAP Basis, As Adjusted—Expense Ratio
Acquisition and operating expenses, net of deferrals	$	551		$	528		$	1,079		$	551		$	540		$	495		$	489		$	2,075
Less wealth management		67			67			134			70			69			65			60			264
Less payment protection insurance business		216			200			416			199			218			183			181			781
Less expenses related to reorganization^(a)		—			—			—			—			—			—			8			8

Adjusted acquisition and operating expenses, net of deferrals⁽³⁾	$	268		$	261		$	529		$	282		$	253		$	247		$	240		$	1,022

Total revenues	$	2,398		$	2,753		$	5,151		$	2,775		$	2,875		$	2,765		$	2,710		$	11,125
Less wealth management		86			87			173			90			88			82			76			336
Less payment protection insurance business		431			418			849			398			410			363			357			1,528
Less net investment gains (losses)		(518	)		(226	)		(744	)		(214	)		(48	)		(51	)		(19	)		(332	)

Adjusted total revenues⁽⁴⁾	$	2,399		$	2,474		$	4,873		$	2,501		$	2,425		$	2,371		$	2,296		$	9,593

Adjusted expense ratio⁽³⁾ divided by ⁽⁴⁾		11.2	%		10.5	%		10.9	%		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.

2Q 2008 FINANCIAL SUPPLEMENT

Reconciliation of Core Premiums

(amounts in millions)


	2008									2007
	Q2			Q1			Total			Q4		Q3		Q2		Q1		Total
Reported premiums	$	1,709		$	1,717		$	3,426		$	1,670	$	1,600	$	1,549	$	1,511	$	6,330
Less retirement income—spread-based premiums		111			167			278			135		118		151		154		558
Less impact of changes in foreign exchange rates		60			65			125

Core premiums	$	1,538		$	1,485		$	3,023		$	1,535	$	1,482	$	1,398	$	1,357	$	5,772

Reported premium percentage change from prior year		10.3	%		13.6	%		12.0	%
Core premium percentage change from prior year		10.0	%		9.4	%		9.7	%

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.

2Q 2008 FINANCIAL SUPPLEMENT

Reconciliation of Core Yield


		2008									2007
	(Assets—amounts in billions)	Q2			Q1			Total			Q4			Q3			Q2			Q1			Total
	Reported—Total Invested Assets and Cash	$	73.1		$	73.3		$	73.1		$	73.9		$	73.5		$	72.6		$	71.3		$	73.9
	Subtract:
	Securities lending		1.8			2.4			1.8			2.4			2.3			2.2			2.2			2.4
	Unrealized gains (losses)		(2.3	)		(1.6	)		(2.3	)		(0.3	)		(0.3	)		(0.2	)		1.0			(0.3	)
	Derivative counterparty collateral		0.5			0.7			0.5			0.4			0.2			0.1			0.3			0.4

	Adjusted end-of-period invested assets	$	73.1		$	71.8		$	73.1		$	71.4		$	71.3		$	70.5		$	67.8		$	71.4

(A)	Average Invested Assets used in Reported and Core Yield Calculation	$	72.5		$	71.6		$	72.1		$	71.4		$	70.9		$	69.2		$	67.5		$	69.6
	Subtract: portfolios supporting floating products		14.1			14.1			14.2			14.1			14.2			13.4			12.2			13.5

(B)	Average Invested Assets used in Core Yield (excl. Floating) Calculation	$	58.4		$	57.5		$	57.9		$	57.3		$	56.7		$	55.8		$	55.3		$	56.1

	(Income—amounts in millions)
(C)	Reported—Net Investment Income	$	953		$	1,002		$	1,955		$	1,053		$	1,074		$	1,024		$	984		$	4,135
	Subtract:
	Bond calls and commercial mortgage loan prepayments		13			12			25			6			14			22			10			52
	Reinsurance and reclassification⁽¹⁾		19			15			34			15			26			18			9			68
	Other non-core items⁽²⁾		2			(1	)		1			5			1			1			6			13

(D)	Core Net Investment Income		919			976			1,895			1,027			1,033			983			959			4,002
	Subtract: investment income from portfolios supporting floating products		121			164			285			205			209			196			180			790

(E)	Core Net Investment Income (excl. Floating)	$	798		$	812		$	1,610		$	822		$	824		$	787		$	779		$	3,212

(C)/(A)	Reported Yield		5.26	%		5.60	%		5.42	%		5.90	%		6.06	%		5.92	%		5.84	%		5.94	%
(D)/(A)	Core Yield⁽³⁾		5.07	%		5.45	%		5.26	%		5.75	%		5.83	%		5.69	%		5.69	%		5.75	%
(E)/(B)	Core Yield (excl. Floating)⁽³⁾		5.47	%		5.65	%		5.56	%		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 insurance 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 segment liabilities.

CORPORATE INFORMATION

GENWORTH FINANCIAL, INC.

2Q 2008 FINANCIAL SUPPLEMENT

Industry Ratings

Our principal life insurance subsidiaries are rated by A.M. Best, Standard and Poor’s (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
American Continental Insurance Company	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	Aa3	AA
Genworth Financial Mortgage Insurance Pty. Limited	AA	Aa3	AA
Genworth Financial Mortgage Insurance Limited	AA	Aa3	AA
Genworth Residential Mortgage Insurance Corporation of NC	AA	Aa3	AA
Genworth Financial Assurance Corporation	Not rated	Aa3	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” and “A-” (Excellent) ratings are assigned to companies that have, in its opinion, an excellent ability to meet their ongoing insurance obligations. The “A+” (Superior), “A” and “A-” (Excellent) ratings are the second-, third- and fourth-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.

2Q 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