Exhibit 99.2

Exhibit 99.2

LOGO

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT


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

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

*Quarterly Results by Segment*
Net Operating Income (Loss) by Segment		17-18
Net Operating Income (Loss) and Sales—Retirement and Protection		20-31
Net Operating Income and Sales—International		33-43
Net Operating Loss and Sales—U.S. Mortgage Insurance		45-54
Net Operating Loss—Corporate and Other		56

*Additional Financial Data*
Investments Summary		58
Fixed Maturity Securities 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.

1Q 2009 FINANCIAL SUPPLEMENT

Dear Investor,

You will note that we have added several new metrics to provide additional transparency into our financial trends.

In the International segment, we provide additional details around paid claims and loss metrics for Canada and Australia with dollar amounts in local currency. These can be found on pages 39 and 41.

In the additional financial data section, we provide the amounts for small balance commercial mortgage-backed securities and asset-backed securities. These can be found on pages 58 and 59.

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

Regards,

Alicia Charity

Senior Vice President

Investor Relations

804-662-2248

GENWORTH FINANCIAL, INC.

1Q 2009 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 impairments, including changes in intent to hold securities to recovery, 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 (loss) 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 (loss) attributable to the ongoing operations of the business. However, net operating income (loss) is not a substitute for net income (loss) 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 the 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 (loss) for the three months ended March 31, 2009 and 2008. 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 67 through 70 of this financial supplement.

Selected Operating Performance Measures

This financial supplement contains selected operating performance measures including “sales,” “assets under management” and “insurance in-force” or “risk in-force” which are commonly used in the insurance and investment industries as measures of operating performance.

Management regularly monitors and reports 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, long-term care and Medicare supplement insurance; (2) new and additional premiums/deposits for universal life insurance, linked-benefits, spread-based and variable products; (3) gross and net flows, which represent gross flows less redemptions, for our wealth management 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 lifestyle protection insurance business; (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 flows and net flows, written premiums, premium equivalents and new insurance written to be measures of the company’s operating performance because they represent a measure of new sales of insurance policies or contracts during a specified period, rather than 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 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 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. We consider assets under management for our wealth management business, insurance in-force and risk in-force to be measures of our operating performance because they represent measures of the size of our business at a specific date, rather than measures of our 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

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Financial Highlights

(amounts in millions, except per share data)


Balance Sheet Data	2009			2008
	Q1			Q4			Q3			Q2			Q1
Total stockholders’ equity, excluding accumulated other comprehensive income (loss)	$	11,527		$	11,988		$	12,317		$	12,616		$	12,760
Total accumulated other comprehensive income (loss)		(3,298	)		(3,062	)		(1,819	)		(271	)		(35	)

Total stockholders’ equity	$	8,229		$	8,926		$	10,498		$	12,345		$	12,725

Book value per common share	$	19.00		$	20.60		$	24.24		$	28.52		$	29.41
Book value per common share, excluding accumulated other comprehensive income (loss)	$	26.61		$	27.67		$	28.44		$	29.14		$	29.49
Common shares outstanding as of balance sheet date		433.2			433.2			433.1			432.9			432.7

	Twelve months ended
Twelve Month Rolling Average ROE	March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
GAAP Basis ROE		-9.5	%		-4.6	%		-0.6	%		4.1	%		8.1	%
Operating ROE		2.0	%		3.8	%		7.8	%		9.0	%		10.2	%

	Three months ended
Quarterly Average ROE	March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
GAAP Basis ROE		-16.0	%		-10.6	%		-8.3	%		-3.4	%		3.6	%
Operating ROE		0.5	%		-6.8	%		7.1	%		6.7	%		7.7	%

See page 67 herein for a reconciliation of GAAP Basis ROE to Operating ROE.


Basic and Diluted Shares		Three months ended March 31, 2009
Weighted-average shares used in basic earnings (loss) per common share calculations		433.2
Potentially dilutive securities:
Stock options, restricted stock units and stock appreciation rights		—

Weighted-average shares used in diluted earnings (loss) per common share calculations		433.2

First Quarter Results

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Income (Loss)

(amounts in millions)


	Three months ended March 31,
	2009			2008
REVENUES:
Premiums	$	1,502		$	1,717
Net investment income		711			1,002
Net investment gains (losses)		(770	)		(226	)
Insurance and investment product fees and other		291			260

Total revenues		1,734			2,753

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,508			1,401
Interest credited		275			345
Acquisition and operating expenses, net of deferrals		441			528
Amortization of deferred acquisition costs and intangibles		247			203
Interest expense		96			112

Total benefits and expenses		2,567			2,589

INCOME (LOSS) BEFORE INCOME TAXES		(833	)		164
Provision (benefit) for income taxes		(364	)		48
Effective tax rate		43.7	%		29.3	%

NET INCOME (LOSS)	$	(469	)	$	116

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss) by Segment

(amounts in millions, except per share amounts)


		Three months ended March 31,
		2009			2008
Retirement and Protection:
Wealth Management		$	6		$	12
Retirement Income			(46	)		36
Institutional			25			11
Life Insurance			38			65
Long-Term Care			40			38

Total Retirement and Protection			63			162
International:
International Mortgage Insurance	—Canada		66			75
	—Australia		29			47
	—Other		(5	)		—
Lifestyle Protection			11			38

Total International			101			160
U.S. Mortgage Insurance			(135	)		(36	)
Corporate and Other			(15	)		(42	)

NET OPERATING INCOME			14			244

ADJUSTMENT TO NET OPERATING INCOME:
Net investment gains (losses), net of taxes and other adjustments⁽¹⁾			(483	)		(128	)

NET INCOME (LOSS)		$	(469	)	$	116

Earnings (Loss) Per Share Data:
Earnings (loss) per common share
Basic		$	(1.08	)	$	0.27
Diluted		$	(1.08	)	$	0.27
Net operating earnings per common share
Basic		$	0.03		$	0.56
Diluted		$	0.03		$	0.56
Weighted-average shares outstanding
Basic			433.2			433.6
Diluted			433.2			436.8

⁽¹⁾	See page 65 for details on net investment gains (losses), net of taxes and other adjustments.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Consolidated Net Income (Loss) by Quarter

(amounts in millions, except per share amounts)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	1,502		$	1,616		$	1,735		$	1,709		$	1,717		$	6,777
Net investment income		711			857			918			953			1,002			3,730
Net investment gains (losses)		(770	)		(149	)		(816	)		(518	)		(226	)		(1,709	)
Insurance and investment product fees and other		291			305			331			254			260			1,150

Total revenues		1,734			2,629			2,168			2,398			2,753			9,948

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,508			1,522			1,497			1,386			1,401			5,806
Interest credited		275			309			319			320			345			1,293
Acquisition and operating expenses, net of deferrals		441			566			515			551			528			2,160
Amortization of deferred acquisition costs and intangibles		247			298			174			209			203			884
Goodwill impairment		—			243			34			—			—			277
Interest expense		96			123			125			110			112			470

Total benefits and expenses		2,567			3,061			2,664			2,576			2,589			10,890

INCOME (LOSS) BEFORE INCOME TAXES		(833	)		(432	)		(496	)		(178	)		164			(942	)
Provision (benefit) for income taxes		(364	)		(111	)		(238	)		(69	)		48			(370	)

NET INCOME (LOSS)	$	(469	)	$	(321	)	$	(258	)	$	(109	)	$	116		$	(572	)


Earnings (Loss) Per Share Data:
Earnings (loss) per common share
Basic	$	(1.08	)	$	(0.74	)	$	(0.60	)	$	(0.25	)	$	0.27		$	(1.32	)
Diluted	$	(1.08	)	$	(0.74	)	$	(0.60	)	$	(0.25	)	$	0.27		$	(1.32	)
Weighted-average shares outstanding
Basic		433.2			433.1			433.1			432.9			433.6			433.2
Diluted		433.2			433.1			433.1			432.9			436.8			433.2

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss) by Segment by Quarter

(amounts in millions, except per share amounts)


		2009			2008
		Q1			Q4			Q3			Q2			Q1			Total
Retirement and Protection:
Wealth Management		$	6		$	8		$	12		$	11		$	12		$	43
Retirement Income			(46	)		(310	)		15			13			36			(246	)
Institutional			25			15			49			5			11			80
Life Insurance			38			49			63			87			65			264
Long-Term Care			40			49			39			34			38			160

Total Retirement and Protection			63			(189	)		178			150			162			301
International:
International Mortgage Insurance	—Canada		66			67			80			83			75			305
	—Australia		29			40			48			50			47			185
	—Other		(5	)		(8	)		(2	)		1			—			(9	)
Lifestyle Protection			11			25			40			49			38			152

Total International			101			124			166			183			160			633
U.S. Mortgage Insurance			(135	)		(114	)		(121	)		(59	)		(36	)		(330	)
Corporate and Other			(15	)		(28	)		(3	)		(62	)		(42	)		(135	)

NET OPERATING INCOME (LOSS)			14			(207	)		220			212			244			469

ADJUSTMENTS TO NET OPERATING INCOME (LOSS):
Net investment gains (losses), net of taxes and other adjustments			(483	)		(89	)		(478	)		(321	)		(128	)		(1,016	)
Expenses related to reorganization, net of taxes			—			(25	)		—			—			—			(25	)

NET INCOME (LOSS)		$	(469	)	$	(321	)	$	(258	)	$	(109	)	$	116		$	(572	)


Earnings (Loss) Per Share Data:
Earnings (loss) per common share
Basic		$	(1.08	)	$	(0.74	)	$	(0.60	)	$	(0.25	)	$	0.27		$	(1.32	)
Diluted		$	(1.08	)	$	(0.74	)	$	(0.60	)	$	(0.25	)	$	0.27		$	(1.32	)
Net operating earnings (loss) per common share
Basic		$	0.03		$	(0.48	)	$	0.51		$	0.49		$	0.56		$	1.08
Diluted		$	0.03		$	(0.48	)	$	0.51		$	0.49		$	0.56		$	1.08
Weighted-average shares outstanding
Basic			433.2			433.1			433.1			432.9			433.6			433.2
Diluted			433.2			433.1			433.1			432.9			436.8			433.2

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Consolidated Balance Sheets

(amounts in millions)


	March 31, 2009		December 31, 2008⁽¹⁾		September 30, 2008		June 30, 2008		March 31, 2008
ASSETS
Investments:
Fixed maturity securities available-for-sale, at fair value	$	41,319	$	42,871	$	48,724	$	51,887	$	53,031
Equity securities available-for-sale, at fair value		221		234		309		409		394
Commercial mortgage loans		8,023		8,262		8,447		8,573		8,822
Policy loans		1,842		1,834		1,822		1,806		1,654
Other invested assets		6,080		7,411		4,913		4,614		5,603

Total investments		57,485		60,612		64,215		67,289		69,504
Cash and cash equivalents		7,064		7,328		5,102		5,861		3,768
Accrued investment income		821		736		794		679		863
Deferred acquisition costs		7,716		7,786		7,681		7,530		7,330
Intangible assets		1,142		1,147		1,068		991		959
Goodwill		1,314		1,316		1,572		1,618		1,609
Reinsurance recoverable		17,398		17,212		16,763		16,571		16,498
Other assets		998		1,000		1,075		1,320		912
Deferred tax asset		1,631		1,037		194		—		—
Separate account assets		8,576		9,215		11,097		12,356		12,151

Total assets	$	104,145	$	107,389	$	109,561	$	114,215	$	113,594

⁽¹⁾	The amounts previously presented as of December 31, 2008 have been revised to conform to the amounts published in the Form 10-K filed on March 2, 2009.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Consolidated Balance Sheets—(Continued)

(amounts in millions)


	March 31, 2009			December 31, 2008⁽¹⁾			September 30, 2008			June 30, 2008			March 31, 2008
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	28,763		$	28,533		$	28,017		$	27,529		$	27,174
Policyholder account balances		33,196			34,702			35,565			36,842			36,764
Liability for policy and contract claims		5,815			5,322			4,776			4,418			4,011
Unearned premiums		4,482			4,734			5,345			5,758			5,653
Other liabilities		6,316			6,860			6,200			6,093			6,671
Non-recourse funding obligations		3,443			3,455			3,455			3,455			3,455
Short-term borrowings		930			1,133			78			200			200
Long-term borrowings		4,131			4,261			4,530			4,531			3,966
Deferred tax liability		264			248			—			688			824
Separate account liabilities		8,576			9,215			11,097			12,356			12,151

Total liabilities		95,916			98,463			99,063			101,870			100,869

Stockholders’ equity:
Common stock		1			1			1			1			1
Additional paid-in capital		11,485			11,477			11,484			11,482			11,473

Accumulated other comprehensive income (loss):
Net unrealized investment gains (losses)		(4,095	)		(4,038	)		(2,963	)		(1,723	)		(1,479	)
Derivatives qualifying as hedges		1,061			1,161			761			548			620
Foreign currency translation and other adjustments		(264	)		(185	)		383			904			824

Total accumulated other comprehensive income (loss)		(3,298	)		(3,062	)		(1,819	)		(271	)		(35	)
Retained earnings		2,741			3,210			3,532			3,833			3,986
Treasury stock, at cost		(2,700	)		(2,700	)		(2,700	)		(2,700	)		(2,700	)

Total stockholders’ equity		8,229			8,926			10,498			12,345			12,725

Total liabilities and stockholders’ equity	$	104,145		$	107,389		$	109,561		$	114,215		$	113,594

⁽¹⁾	The amounts previously presented as of December 31, 2008 have been revised to conform to the amounts published in the Form 10-K filed on March 2, 2009.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet by Segment

(amounts in millions)


	March 31, 2009
	Retirement and Protection			International			U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
ASSETS
Cash and investments	$	51,423		$	8,749		$	3,254		$	1,944		$	65,370
Deferred acquisition costs and intangible assets		9,196			883			33			60			10,172
Reinsurance recoverable		16,644			125			629			—			17,398
Deferred tax and other assets		970			311			376			972			2,629
Separate account assets		8,576			—			—			—			8,576

Total assets	$	86,809		$	10,068		$	4,292		$	2,976		$	104,145

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	28,763		$	—		$	—		$	—		$	28,763
Policyholder account balances		33,177			19			—			—			33,196
Liability for policy and contract claims		3,137			648			2,028			2			5,815
Unearned premiums		536			3,827			119			—			4,482
Non-recourse funding obligations		3,543			—			—			(100	)		3,443
Deferred tax and other liabilities		2,410			1,305			124			2,741			6,580
Borrowing and capital securities		—			—			—			5,061			5,061
Separate account liabilities		8,576			—			—			—			8,576

Total liabilities		80,142			5,799			2,271			7,704			95,916

Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income (loss)		9,288			4,579			2,125			(4,465	)		11,527
Allocated accumulated other comprehensive income (loss)		(2,621	)		(310	)		(104	)		(263	)		(3,298	)

Total stockholders’ equity		6,667			4,269			2,021			(4,728	)		8,229

Total liabilities and stockholders’ equity	$	86,809		$	10,068		$	4,292		$	2,976		$	104,145

⁽¹⁾	Includes inter-segment eliminations.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet by Segment

(amounts in millions)


	December 31, 2008
	Retirement and Protection			International⁽²⁾			U.S. Mortgage Insurance			Corporate and Other^{(1) (2)}			Total⁽²⁾
ASSETS
Cash and investments	$	52,632		$	9,156		$	3,163		$	3,725		$	68,676
Deferred acquisition costs and intangible assets		9,179			940			32			98			10,249
Reinsurance recoverable		16,571			129			512			—			17,212
Deferred tax and other assets		520			273			271			973			2,037
Separate account assets		9,215			—			—			—			9,215

Total assets	$	88,117		$	10,498		$	3,978		$	4,796		$	107,389

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	28,533		$	—		$	—		$	—		$	28,533
Policyholder account balances		34,683			19			—			—			34,702
Liability for policy and contract claims		3,035			572			1,712			3			5,322
Unearned premiums		552			4,063			119			—			4,734
Non-recourse funding obligations		3,555			—			—			(100	)		3,455
Deferred tax and other liabilities		2,316			1,566			30			3,196			7,108
Borrowing and capital securities		—			—			—			5,394			5,394
Separate account liabilities		9,215			—			—			—			9,215

Total liabilities		81,889			6,220			1,861			8,493			98,463

Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income (loss)		8,659			4,505			2,270			(3,446	)		11,988
Allocated accumulated other comprehensive income (loss)		(2,431	)		(227	)		(153	)		(251	)		(3,062	)

Total stockholders’ equity		6,228			4,278			2,117			(3,697	)		8,926

Total liabilities and stockholders’ equity	$	88,117		$	10,498		$	3,978		$	4,796		$	107,389

⁽¹⁾	Includes inter-segment eliminations.

⁽²⁾	The amounts previously presented as of December 31, 2008 have been revised to conform to the amounts published in the Form 10-K filed on March 2, 2009.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Deferred Acquisition Costs Rollforward

(amounts in millions)


Deferred Acquisition Costs Rollforward	Retirement and Protection			International			U.S. Mortgage Insurance			Corporate and Other		Total
Unamortized balance as of December 31, 2008	$	6,391		$	795		$	23		$	—	$	7,209
Costs deferred		149			39			6			—		194
Amortization, net of interest accretion⁽¹⁾		(142	)		(72	)		(5	)		—		(219	)
Impact of foreign currency translation		—			(25	)		—			—		(25	)

Unamortized balance as of March 31, 2009		6,398			737			24			—		7,159
Effect of accumulated net unrealized investment gains (losses)		557			—			—			—		557

Balance as of March 31, 2009	$	6,955		$	737		$	24		$	—	$	7,716

⁽¹⁾	Amortization, net of interest accretion, includes $(23) million of amortization related to net investment gains (losses) for our policyholder account balances.

Quarterly Results by Segment

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss) by Segment

(amounts in millions)


	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other⁽¹⁾
Three Months Ended March 31, 2009	Wealth Management			Retirement Income			Institutional			Life Insurance			Long-Term Care Insurance			Total			Mortgage Insurance— Canada			Mortgage Insurance— Australia			Other Mortgage Insurance			Lifestyle Protection			Total			U.S. Mortgage Insurance			Corporate and Other⁽¹⁾			Total
REVENUES:
Premiums	$	—		$	47		$	—		$	243		$	545		$	835		$	127		$	66		$	21		$	282		$	496		$	170		$	1		$	1,502
Net investment income		—			236			11			103			225			575			41			26			5			32			104			33			(1	)		711
Net investment gains (losses)		(1	)		(197	)		(144	)		(160	)		(216	)		(718	)		(3	)		3			(2	)		(13	)		(15	)		(19	)		(18	)		(770	)
Insurance and investment product fees and other		64			44			71			93			8			280			—			—			1			4			5			4			2			291

Total revenues		63			130			(62	)		279			562			972			165			95			25			305			590			188			(16	)		1,734

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			156			—			222			536			914			50			39			20			83			192			403			(1	)		1,508
Interest credited		—			124			41			62			48			275			—			—			—			—			—			—			—			275
Acquisition and operating expenses, net of deferrals		52			32			2			33			86			205			17			12			13			153			195			32			9			441
Amortization of deferred acquisition costs and intangibles		1			79			2			36			47			165			9			5			2			58			74			5			3			247
Interest expense		—			—			—			26			—			26			1			—			—			7			8			—			62			96

Total benefits and expenses		53			391			45			379			717			1,585			77			56			35			301			469			440			73			2,567

INCOME (LOSS) BEFORE INCOME TAXES		10			(261	)		(107	)		(100	)		(155	)		(613	)		88			39			(10	)		4			121			(252	)		(89	)		(833	)
Provision (benefit) for income taxes		4			(105	)		(38	)		(35	)		(54	)		(228	)		25			8			(4	)		1			30			(104	)		(62	)		(364	)

NET INCOME (LOSS)		6			(156	)		(69	)		(65	)		(101	)		(385	)		63			31			(6	)		3			91			(148	)		(27	)		(469	)

ADJUSTMENT TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		—			110			94			103			141			448			3			(2	)		1			8			10			13			12			483

NET OPERATING INCOME (LOSS)	$	6		$	(46	)	$	25		$	38		$	40		$	63		$	66		$	29		$	(5	)	$	11		$	101		$	(135	)	$	(15	)	$	14


Effective tax rate (operating income (loss))⁽²⁾		37.0	%		49.9	%		33.5	%		35.4	%		35.4	%		16.7	%		28.7	%		19.0	%		39.8	%		34.6	%		26.2	%		41.7	%		79.1	%		114.6	%

⁽¹⁾	Includes inter-segment eliminations.

⁽²⁾	The operating income (loss) 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 (loss) effective tax rate calculated using the rounded numbers in this financial supplement.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss) by Segment

(amounts in millions)


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

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

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

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

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

NET INCOME (LOSS)		12			(6	)		(28	)		49			17			44			71			47			—			38			156			(35	)		(49	)		116

ADJUSTMENT TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		—			42			39			16			21			118			4			—			—			—			4			(1	)		7			128

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


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

⁽¹⁾	Includes inter-segment eliminations.

Retirement and Protection

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss)—Retirement and Protection

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	835		$	896		$	958		$	885		$	920		$	3,659
Net investment income		575			708			730			755			807			3,000
Net investment gains (losses)		(718	)		(125	)		(702	)		(511	)		(210	)		(1,548	)
Insurance and investment product fees and other		280			264			322			234			239			1,059

Total revenues		972			1,743			1,308			1,363			1,756			6,170


BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		914			980			1,048			930			979			3,937
Interest credited		275			309			319			320			345			1,293
Acquisition and operating expenses, net of deferrals		205			247			234			229			227			937
Amortization of deferred acquisition costs and intangibles		165			208			38			100			89			435
Goodwill impairment		—			243			12			—			—			255
Interest expense		26			48			38			39			47			172

Total benefits and expenses		1,585			2,035			1,689			1,618			1,687			7,029

INCOME (LOSS) BEFORE INCOME TAXES		(613	)		(292	)		(381	)		(255	)		69			(859	)
Provision (benefit) for income taxes		(228	)		(20	)		(156	)		(88	)		25			(239	)

NET INCOME (LOSS)		(385	)		(272	)		(225	)		(167	)		44			(620	)

ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		448			71			403			317			118			909
Expenses related to reorganization, net of taxes		—			12			—			—			—			12

NET OPERATING INCOME (LOSS)	$	63		$	(189	)	$	178		$	150		$	162		$	301



Effective tax rate (operating income (loss))		16.7	%		-15.8	%		25.6	%		35.6	%		35.1	%		46.0	%

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

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

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		—			—			—			1			1			2
Net investment gains (losses)		(1	)		(2	)		—			—			—			(2	)
Insurance and investment product fees and other		64			73			86			85			86			330

Total revenues		63			71			86			86			87			330

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—
Interest credited		—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		52			59			67			67			67			260
Amortization of deferred acquisition costs and intangibles		1			—			1			1			1			3
Goodwill impairment		—			—			—			—			—			—
Interest expense		—			—			—			—			—			—

Total benefits and expenses		53			59			68			68			68			263

INCOME BEFORE INCOME TAXES		10			12			18			18			19			67
Provision for income taxes		4			5			6			7			7			25

NET INCOME		6			7			12			11			12			42

ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		—			1			—			—			—			1

NET OPERATING INCOME	$	6		$	8		$	12		$	11		$	12		$	43


Effective tax rate (operating income)		37.0	%		38.4	%		37.1	%		36.8	%		36.8	%		37.2	%

SALES:
Sales by Distribution Channel:
Independent Producers	$	713		$	878		$	1,058		$	1,229		$	1,105		$	4,270
Dedicated Sales Specialists		83			99			172			176			175			622

Total Sales	$	796		$	977		$	1,230		$	1,405		$	1,280		$	4,892


ASSETS UNDER MANAGEMENT:
Beginning of period	$	15,447		$	18,671		$	20,285		$	20,461		$	21,584		$	21,584
Gross flows		796			977			1,230			1,405			1,280			4,892
Redemptions		(1,274	)		(1,447	)		(1,047	)		(1,044	)		(1,080	)		(4,618	)

Net flows		(478	)		(470	)		183			361			200			274
Market performance		(759	)		(2,754	)		(1,797	)		(537	)		(1,323	)		(6,411	)

End of period	$	14,210		$	15,447		$	18,671		$	20,285		$	20,461		$	15,447

Wealth Management results represent Genworth Financial Wealth Management, Inc., Genworth Financial Advisors Corporation and Genworth Financial Trust Company.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss)—Retirement Income

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	47		$	105		$	181		$	111		$	167		$	564
Net investment income		236			279			280			291			302			1,152
Net investment gains (losses)		(197	)		(253	)		(325	)		(105	)		(93	)		(776	)
Insurance and investment product fees and other		44			49			51			54			54			208

Total revenues		130			180			187			351			430			1,148

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		156			231			278			191			252			952
Interest credited		124			128			130			129			128			515
Acquisition and operating expenses, net of deferrals		32			51			39			42			38			170
Amortization of deferred acquisition costs and intangibles		79			131			(12	)		28			23			170
Goodwill impairment		—			243			—			—			—			243
Interest expense		—			—			1			1			1			3

Total benefits and expenses		391			784			436			391			442			2,053

LOSS BEFORE INCOME TAXES		(261	)		(604	)		(249	)		(40	)		(12	)		(905	)
Benefit for income taxes		(105	)		(132	)		(106	)		—			(6	)		(244	)

NET LOSS		(156	)		(472	)		(143	)		(40	)		(6	)		(661	)

ADJUSTMENTS TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		110			156			158			53			42			409
Expenses related to reorganization, net of taxes		—			6			—			—			—			6

NET OPERATING INCOME (LOSS)	$	(46	)	$	(310	)	$	15		$	13		$	36		$	(246	)



Effective tax rate (operating income (loss))		49.9	%		12.6	%		442.3	%		70.6	%		31.4	%		7.7	%

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss) and Sales—Retirement Income—Fee-Based

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		12			8			2			3			3			16
Net investment gains (losses)		(17	)		31			(82	)		7			(35	)		(79	)
Insurance and investment product fees and other		40			42			48			51			51			192

Total revenues		35			81			(32	)		61			19			129


BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		22			36			11			8			5			60
Interest credited		3			3			4			3			4			14
Acquisition and operating expenses, net of deferrals		14			25			14			16			13			68
Amortization of deferred acquisition costs and intangibles		76			123			(18	)		18			4			127
Goodwill impairment		—			58			—			—			—			58
Interest expense		—			—			—			—			—			—

Total benefits and expenses		115			245			11			45			26			327


INCOME (LOSS) BEFORE INCOME TAXES		(80	)		(164	)		(43	)		16			(7	)		(198	)
Provision (benefit) for income taxes		(41	)		(44	)		(19	)		8			(4	)		(59	)

NET INCOME (LOSS)		(39	)		(120	)		(24	)		8			(3	)		(139	)

ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		12			8			23			(2	)		13			42
Expenses related to reorganization, net of taxes		—			3			—			—			—			3

NET OPERATING INCOME (LOSS)	$	(27	)	$	(109	)	$	(1	)	$	6		$	10		$	(94	)



Effective tax rate (operating income (loss))		55.9	%		25.7	%		86.9	%		56.4	%		21.9	%		27.1	%

SALES:
Sales by Product:
Income Distribution Series⁽¹⁾	$	121		$	270		$	499		$	585		$	586		$	1,940
Traditional Variable Annuities⁽²⁾		22			41			97			118			113			369
Variable Life		—			—			—			2			1			3

Total Sales	$	143		$	311		$	596		$	705		$	700		$	2,312


Sales by Distribution Channel:
Financial Intermediaries	$	124		$	278		$	545		$	662		$	660		$	2,145
Independent Producers		6			8			17			15			12			52
Dedicated Sales Specialists		13			25			34			28			28			115

Total Sales	$	143		$	311		$	596		$	705		$	700		$	2,312

⁽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.

⁽²⁾

Our traditional variable annuities include products that provide the potential for tax deferred growth on the policyholder’s premium. These products do not provide the opportunity for a living benefit through guaranteed minimum withdrawal benefits; however, similar to the Income Distribution Series products, they do provide a variety of guaranteed minimum death benefit options.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Operating Performance Measures- Retirement Income—Fee-Based

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Income Distribution Series
Account value, net of reinsurance, beginning of period	$	5,234		$	5,372		$	5,308		$	4,877		$	4,535		$	4,535
Deposits		125			287			506			596			595			1,984
Surrenders, benefits and product charges		(106	)		(135	)		(115	)		(112	)		(105	)		(467	)

Net flows		19			152			391			484			490			1,517
Interest credited and investment performance		(160	)		(290	)		(327	)		(53	)		(148	)		(818	)

Account value, net of reinsurance, end of period		5,093			5,234			5,372			5,308			4,877			5,234

Traditional Variable Annuities
Account value, net of reinsurance, beginning of period		1,756			2,014			2,278			2,241			2,345			2,345
Deposits		19			40			92			105			108			345
Surrenders, benefits and product charges		(63	)		(71	)		(66	)		(63	)		(59	)		(259	)

Net flows		(44	)		(31	)		26			42			49			86
Interest credited and investment performance		(70	)		(227	)		(290	)		(5	)		(153	)		(675	)

Account value, net of reinsurance, end of period		1,642			1,756			2,014			2,278			2,241			1,756

Variable Life Insurance
Account value, beginning of the period		266			324			373			371			403			403
Deposits		4			3			4			5			5			17
Surrenders, benefits and product charges		(11	)		(8	)		(15	)		(10	)		(10	)		(43	)

Net flows		(7	)		(5	)		(11	)		(5	)		(5	)		(26	)
Interest credited and investment performance		(11	)		(53	)		(38	)		7			(27	)		(111	)

Account value, end of period		248			266			324			373			371			266

Total Retirement Income—Fee-Based	$	6,983		$	7,256		$	7,710		$	7,959		$	7,489		$	7,256

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss) and Sales—Retirement Income—Spread-Based

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	47		$	105		$	181		$	111		$	167		$	564
Net investment income		224			271			278			288			299			1,136
Net investment gains (losses)		(180	)		(284	)		(243	)		(112	)		(58	)		(697	)
Insurance and investment product fees and other		4			7			3			3			3			16

Total revenues		95			99			219			290			411			1,019

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		134			195			267			183			247			892
Interest credited		121			125			126			126			124			501
Acquisition and operating expenses, net of deferrals		18			26			25			26			25			102
Amortization of deferred acquisition costs and intangibles		3			8			6			10			19			43
Goodwill impairment		—			185			—			—			—			185
Interest expense		—			—			1			1			1			3

Total benefits and expenses		276			539			425			346			416			1,726

LOSS BEFORE INCOME TAXES		(181	)		(440	)		(206	)		(56	)		(5	)		(707	)
Benefit for income taxes		(64	)		(88	)		(87	)		(8	)		(2	)		(185	)

NET LOSS		(117	)		(352	)		(119	)		(48	)		(3	)		(522	)

ADJUSTMENTS TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		98			148			135			55			29			367
Expenses related to reorganization, net of taxes		—			3			—			—			—			3

NET OPERATING INCOME (LOSS)	$	(19	)	$	(201	)	$	16		$	7		$	26		$	(152	)


Effective tax rate (operating income (loss))		37.9	%		3.5	%		-408.1	%		76.6	%		34.7	%		-10.3	%

SALES:
Sales by Product:
Structured Settlements	$	4		$	1		$	—		$	—		$	3		$	4
Single Premium Immediate Annuities		74			161			259			150			240			810
Fixed Annuities		229			426			468			298			408			1,600

Total Sales	$	307		$	588		$	727		$	448		$	651		$	2,414

Sales by Distribution Channel:
Financial Intermediaries	$	162		$	341		$	572		$	360		$	541		$	1,814
Independent Producers		127			230			146			82			103			561
Dedicated Sales Specialists		18			17			9			6			7			39

Total Sales	$	307		$	588		$	727		$	448		$	651		$	2,414


PREMIUMS BY PRODUCT:
Single Premium Immediate Annuities	$	44		$	105		$	181		$	111		$	165		$	562
Structured Settlements		3			—			—			—			2			2

Total Premiums	$	47		$	105		$	181		$	111		$	167		$	564

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Operating Performance Measures—Retirement Income—Spread-Based

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Fixed Annuities
Account value, net of reinsurance, beginning of period	$	11,996		$	12,174		$	12,130		$	12,141		$	12,073		$	12,073
Deposits		242			447			514			333			436			1,730
Surrenders, benefits and product charges		(508	)		(734	)		(576	)		(449	)		(474	)		(2,233	)

Net flows		(266	)		(287	)		(62	)		(116	)		(38	)		(503	)
Interest credited		103			109			106			105			106			426

Account value, net of reinsurance, end of period		11,833			11,996			12,174			12,130			12,141			11,996

Single Premium Immediate Annuities
Account value, net of reinsurance, beginning of period		6,957			6,956			6,781			6,781			6,668			6,668
Premiums and deposits		111			230			280			188			291			989
Surrenders, benefits and product charges		(236	)		(323	)		(197	)		(278	)		(267	)		(1,065	)

Net flows		(125	)		(93	)		83			(90	)		24			(76	)
Interest credited		93			94			92			90			89			365

Account value, net of reinsurance, end of period		6,925			6,957			6,956			6,781			6,781			6,957

Structured Settlements
Account value, net of reinsurance, beginning of period		1,106			1,106			1,107			1,105			1,103			1,103
Premiums and deposits		4			—			—			1			2			3
Surrenders, benefits and product charges		(23	)		(15	)		(15	)		(13	)		(14	)		(57	)

Net flows		(19	)		(15	)		(15	)		(12	)		(12	)		(54	)
Interest credited		14			15			14			14			14			57

Account value, net of reinsurance, end of period		1,101			1,106			1,106			1,107			1,105			1,106

Total Retirement Income—Spread-Based	$	19,859		$	20,059		$	20,236		$	20,018		$	20,027		$	20,059

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Institutional

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		11			61			87			100			135			383
Net investment gains (losses)		(144	)		(269	)		(206	)		(303	)		(59	)		(837	)
Insurance and investment product fees and other		71			40			81			—			—			121

Total revenues		(62	)		(168	)		(38	)		(203	)		76			(333	)

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—
Interest credited		41			74			80			86			115			355
Acquisition and operating expenses, net of deferrals		2			1			2			2			2			7
Amortization of deferred acquisition costs and intangibles		2			1			2			1			1			5
Goodwill impairment		—			—			12			—			—			12
Interest expense		—			—			—			—			—			—

Total benefits and expenses		45			76			96			89			118			379

LOSS BEFORE INCOME TAXES		(107	)		(244	)		(134	)		(292	)		(42	)		(712	)
Benefit for income taxes		(38	)		(84	)		(49	)		(101	)		(14	)		(248	)

NET LOSS		(69	)		(160	)		(85	)		(191	)		(28	)		(464	)

ADJUSTMENT TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		94			175			134			196			39			544

NET OPERATING INCOME	$	25		$	15		$	49		$	5		$	11		$	80



Effective tax rate (operating income)		33.5	%		41.2	%		32.0	%		51.6	%		34.0	%		35.8	%

SALES:
Sales by Product:
Guaranteed Investment Contracts (GICs)	$	—		$	—		$	68		$	184		$	44		$	296
Funding Agreements Backing Notes		—			—			48			675			107			830
Funding Agreements		—			243			342			75			—			660

Total Sales	$	—		$	243		$	458		$	934		$	151		$	1,786

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

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Operating Performance Measures—Institutional

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
GICs, Funding Agreements Backing Notes and Funding Agreements
Account value, beginning of period	$	8,104		$	9,253		$	10,773		$	10,655		$	10,982		$	10,982
Deposits⁽¹⁾		—			243			558			1,128			251			2,180
Surrenders and benefits⁽¹⁾		(1,466	)		(1,491	)		(2,149	)		(1,099	)		(727	)		(5,466	)

Net flows		(1,466	)		(1,248	)		(1,591	)		29			(476	)		(3,286	)
Interest credited		61			89			94			96			117			396
Foreign currency translation		(22	)		10			(23	)		(7	)		32			12

Account value, end of period	$	6,677		$	8,104		$	9,253		$	10,773		$	10,655		$	8,104

By Contract Type:
GICs	$	1,067		$	1,177		$	1,392		$	1,478		$	1,449
Funding Agreements Backing Notes		4,778			5,718			5,988			7,349			6,909
Funding Agreements		832			1,209			1,873			1,946			2,297

Total	$	6,677		$	8,104		$	9,253		$	10,773		$	10,655

Funding Agreements By Liquidity Provisions:
90 day—putable	$	—		$	—		$	—		$	350		$	180
180 day—putable		—			—			—			200			345
No put		150			250			955			550			925
Rolling maturity:⁽²⁾
No extension and matures in next 12 months		100			375			475			740			740
Extendible with 12 and 13 months rolling maturity		—			—			100			100			100
Funding agreements with maturities greater than 12 months		580			580			337			—			—
Accrued interest		2			4			6			6			7

Total funding agreements	$	832		$	1,209		$	1,873		$	1,946		$	2,297

⁽¹⁾

“Surrenders and benefits” include contracts that have matured but are redeposited with us and reflected as deposits. For the three months ended March 31, 2009, there were no contracts that matured and were redeposited. For the three months ended March 31, 2008, contracts that matured and were redeposited and reflected under “deposits” amounted to $100 million. We have also included in “surrenders and benefits” the early retirement of institutional contracts at a discount to contract values.

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

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Life Insurance

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	243		$	235		$	241		$	250		$	242		$	968
Net investment income		103			142			141			148			153			584
Net investment gains (losses)		(160	)		(230	)		(137	)		(80	)		(26	)		(473	)
Insurance and investment product fees and other		93			96			98			89			93			376

Total revenues		279			243			343			407			462			1,455

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		222			208			230			208			205			851
Interest credited		62			60			63			60			61			244
Acquisition and operating expenses, net of deferrals		33			41			37			34			37			149
Amortization of deferred acquisition costs and intangibles		36			44			18			39			35			136
Goodwill impairment		—			—			—			—			—			—
Interest expense		26			48			37			38			46			169

Total benefits and expenses		379			401			385			379			384			1,549


INCOME (LOSS) BEFORE INCOME TAXES		(100	)		(158	)		(42	)		28			78			(94	)
Provision (benefit) for income taxes		(35	)		(55	)		(16	)		(6	)		29			(48	)

NET INCOME (LOSS)		(65	)		(103	)		(26	)		34			49			(46	)

ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		103			149			89			53			16			307
Expenses related to reorganization, net of taxes		—			3			—			—			—			3

NET OPERATING INCOME	$	38		$	49		$	63		$	87		$	65		$	264



Effective tax rate (operating income)		35.4	%		35.5	%		33.6	%		20.2	%		36.9	%		31.1	%

SALES:
Sales by Product:
Term Life	$	19		$	22		$	21		$	25		$	23		$	91
Universal Life:
Annualized first-year deposits		9			12			12			14			13			51
Excess deposits		28			29			43			46			43			161

Total Universal Life		37			41			55			60			56			212

Total Sales	$	56		$	63		$	76		$	85		$	79		$	303

Sales by Distribution Channel:
Financial Intermediaries	$	1		$	1		$	—		$	1		$	1		$	3
Independent Producers		55			62			76			84			78			300

Total Sales	$	56		$	63		$	76		$	85		$	79		$	303

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Life Insurance In-force

(amounts in millions)


	2009		2008
	Q1		Q4		Q3		Q2		Q1
Term life insurance
Life insurance in-force, net of reinsurance	$	489,723	$	480,641	$	491,032	$	481,430	$	476,503
Life insurance in-force before reinsurance	$	625,503	$	625,766	$	625,385	$	621,221	$	619,086

Universal and whole life insurance
Life insurance in-force, net of reinsurance	$	43,901	$	43,889	$	43,781	$	42,833	$	42,590
Life insurance in-force before reinsurance	$	51,201	$	51,308	$	51,043	$	51,851	$	51,534

Total life insurance
Life insurance in-force, net of reinsurance	$	533,624	$	524,530	$	534,813	$	524,263	$	519,093
Life insurance in-force before reinsurance	$	676,704	$	677,074	$	676,428	$	673,072	$	670,620

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Long-Term Care

(amounts in millions)


	2009			2008
	Q1⁽¹⁾			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	545		$	556		$	536		$	524		$	511		$	2,127
Net investment income		225			226			222			215			216			879
Net investment gains (losses)		(216	)		629			(34	)		(23	)		(32	)		540
Insurance and investment product fees and other		8			6			6			6			6			24

Total revenues		562			1,417			730			722			701			3,570

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		536			541			540			531			522			2,134
Interest credited		48			47			46			45			41			179
Acquisition and operating expenses, net of deferrals		86			95			89			84			83			351
Amortization of deferred acquisition costs and intangibles		47			32			29			31			29			121
Goodwill impairment		—			—			—			—			—			—
Interest expense		—			—			—			—			—			—

Total benefits and expenses		717			715			704			691			675			2,785

INCOME (LOSS) FROM BEFORE INCOME TAXES		(155	)		702			26			31			26			785
Provision (benefit) for income taxes		(54	)		246			9			12			9			276

NET INCOME (LOSS)		(101	)		456			17			19			17			509

ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		141			(410	)		22			15			21			(352	)
Expenses related to reorganization, net of taxes		—			3			—			—			—			3

NET OPERATING INCOME	$	40		$	49		$	39		$	34		$	38		$	160


Effective tax rate (operating income)		35.4	%		36.2	%		34.7	%		36.4	%		34.9	%		35.6	%

SALES:
Sales by Distribution Channel:
Financial Intermediaries	$	2		$	4		$	5		$	4		$	6		$	19
Independent Producers		11			17			23			24			23			87
Dedicated Sales Specialist		11			12			15			16			15			58

Total Individual Long-Term Care		24			33			43			44			44			164

Group Long-Term Care		1			5			1			1			1			8
Medicare Supplement and Other A&H		17			18			14			13			10			55
Linked-Benefits		5			8			6			8			7			29

Total Sales	$	47		$	64		$	64		$	66		$	62		$	256


LOSS RATIOS:
Total Long-Term Care
Earned Premiums	$	475		$	482		$	470		$	459		$	443		$	1,854
Loss Ratio⁽²⁾		63.6	%		63.0	%		66.5	%		66.9	%		66.9	%		65.8	%
Gross Benefits Ratio⁽³⁾		100.0	%		102.0	%		104.6	%		105.2	%		105.6	%		104.3	%

Medicare Supplement and A&H⁽⁴⁾
Earned Premiums	$	73		$	73		$	68		$	68		$	68		$	277
Loss Ratio⁽²⁾		82.6	%		64.7	%		69.6	%		70.5	%		76.2	%		70.1	%

⁽¹⁾

In 2009, we began reporting the results of our equity access business in our long-term care insurance business included in our Retirement and Protection segment. Our equity access business was previously reported in Corporate and Other activities. The amounts associated with this business were not material and the prior period amounts have not been re-presented.

⁽²⁾	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.

⁽³⁾	We calculate the gross benefits ratio by dividing the benefits and other changes in policy reserves by net earned premiums.

⁽⁴⁾	The Medicare Supplement and A&H net earned premiums and loss ratios do not include the linked-benefits products.

International

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income—International

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	496		$	533		$	587		$	628		$	609		$	2,357
Net investment income		104			117			146			148			138			549
Net investment gains (losses)		(15	)		(5	)		(37	)		25			(7	)		(24	)
Insurance and investment product fees and other		5			—			7			7			11			25

Total revenues		590			645			703			808			751			2,907

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		192			176			147			160			163			646
Acquisition and operating expenses, net of deferrals		195			246			254			273			258			1,031
Amortization of deferred acquisition costs and intangibles		74			72			87			97			103			359
Interest expense		8			6			19			8			7			40

Total benefits and expenses		469			500			507			538			531			2,076

INCOME BEFORE INCOME TAXES		121			145			196			270			220			831
Provision for income taxes		30			34			54			71			64			223

NET INCOME		91			111			142			199			156			608

ADJUSTMENTS TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		10			4			24			(16	)		4			16
Expenses related to reorganization, net of taxes		—			9			—			—			—			9

NET OPERATING INCOME⁽¹⁾	$	101		$	124		$	166		$	183		$	160		$	633


Effective tax rate (operating income)		26.2	%		24.3	%		28.1	%		25.6	%		29.5	%		27.1	%

⁽¹⁾	Net operating income adjusted for foreign exchange for our International segment was $131 million for the three months ended March 31, 2009.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—International Mortgage Insurance—Canada

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	127		$	125		$	137		$	139		$	133		$	534
Net investment income		41			44			50			50			48			192
Net investment gains (losses)		(3	)		(2	)		—			26			(6	)		18
Insurance and investment product fees and other		—			—			1			—			—			1

Total revenues		165			167			188			215			175			745

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		50			39			34			30			35			138
Acquisition and operating expenses, net of deferrals		17			24			22			22			22			90
Amortization of deferred acquisition costs and intangibles		9			7			8			9			8			32
Interest expense		1			1			1			—			1			3

Total benefits and expenses		77			71			65			61			66			263

INCOME BEFORE INCOME TAXES		88			96			123			154			109			482
Provision for income taxes		25			31			43			54			38			166

NET INCOME		63			65			80			100			71			316

ADJUSTMENTS TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		3			1			—			(17	)		4			(12	)
Expenses related to reorganization, net of taxes		—			1			—			—			—			1

NET OPERATING INCOME⁽¹⁾	$	66		$	67		$	80		$	83		$	75		$	305


Effective tax rate (operating income)		28.7	%		31.9	%		35.2	%		35.0	%		35.0	%		34.4	%

SALES:
New Insurance Written (NIW)
Flow	$	2,400		$	4,800		$	8,000		$	7,500		$	4,900		$	25,200
Bulk		400			1,800			900			800			1,500			5,000

Total Canada NIW⁽²⁾	$	2,800		$	6,600		$	8,900		$	8,300		$	6,400		$	30,200

⁽¹⁾	Net operating income for our Canadian platform adjusted for foreign exchange was $81 million for the three months ended March 31, 2009.

⁽²⁾	New insurance written for our Canadian platform adjusted for foreign exchange was $3,400 million for the three months ended March 31, 2009.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—International Mortgage Insurance—Australia

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	66		$	72		$	78		$	85		$	86		$	321
Net investment income		26			28			38			38			35			139
Net investment gains (losses)		3			(1	)		(4	)		—			(1	)		(6	)
Insurance and investment product fees and other		—			(1	)		—			1			—			—

Total revenues		95			98			112			124			120			454

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		39			34			38			35			35			142
Acquisition and operating expenses, net of deferrals		12			13			13			18			19			63
Amortization of deferred acquisition costs and intangibles		5			5			6			6			7			24
Interest expense		—			—			—			—			—			—

Total benefits and expenses		56			52			57			59			61			229

INCOME BEFORE INCOME TAXES		39			46			55			65			59			225
Provision for income taxes		8			8			10			15			12			45

NET INCOME		31			38			45			50			47			180

ADJUSTMENTS TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		(2	)		1			3			—			—			4
Expenses related to reorganization, net of taxes		—			1			—			—			—			1

NET OPERATING INCOME⁽¹⁾	$	29		$	40		$	48		$	50		$	47		$	185


Effective tax rate (operating income)		19.0	%		17.1	%		19.7	%		22.3	%		20.9	%		20.2	%

SALES:
New Insurance Written (NIW)
Flow	$	6,600		$	6,600		$	8,700		$	10,000		$	10,400		$	35,700
Bulk		—			300			600			600			1,000			2,500

Total Australia NIW⁽²⁾	$	6,600		$	6,900		$	9,300		$	10,600		$	11,400		$	38,200

⁽¹⁾	Net operating income for our Australian platform adjusted for foreign exchange was $41 million for the three months ended March 31, 2009.

⁽²⁾	New insurance written for our Australian platform adjusted for foreign exchange was $9,000 million for the three months ended March 31, 2009.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income (Loss) and Sales—Other International Mortgage Insurance

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	21		$	33		$	30		$	29		$	28		$	120
Net investment income		5			8			9			9			9			35
Net investment gains (losses)		(2	)		2			(6	)		—			—			(4	)
Insurance and investment product fees and other		1			(1	)		—			—			1			—

Total revenues		25			42			33			38			38			151

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		20			34			26			19			21			100
Acquisition and operating expenses, net of deferrals		13			18			19			17			17			71
Amortization of deferred acquisition costs and intangibles		2			7			1			2			1			11
Interest expense		—			—			—			—			—			—

Total benefits and expenses		35			59			46			38			39			182

INCOME (LOSS) BEFORE INCOME TAXES		(10	)		(17	)		(13	)		—			(1	)		(31	)
Provision (benefit) for income taxes		(4	)		(7	)		(7	)		(1	)		(1	)		(16	)

NET INCOME (LOSS)		(6	)		(10	)		(6	)		1			—			(15	)

ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		1			(1	)		4			—			—			3
Expenses related to reorganization, net of taxes		—			3			—			—			—			3

NET OPERATING INCOME (LOSS)⁽¹⁾	$	(5	)	$	(8	)	$	(2	)	$	1		$	—		$	(9	)


Effective tax rate (operating income (loss))		39.8	%		40.7	%		74.7	%		219.7	%		154.3	%		56.8	%

SALES:
New Insurance Written (NIW)
Flow	$	900		$	1,500		$	2,000		$	2,100		$	2,300		$	7,900
Bulk		—			—			1,100			500			700			2,300

Total Other International NIW⁽²⁾	$	900		$	1,500		$	3,100		$	2,600		$	3,000		$	10,200

⁽¹⁾	Net operating income (loss) for our Other International platform adjusted for foreign exchange was $(4) million for the three months ended March 31, 2009.

⁽²⁾	New insurance written for our Other International platform adjusted for foreign exchange was $1,200 million for the three months ended March 31, 2009.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Net Premiums Written
Canada	$	52		$	129		$	214		$	198		$	130		$	671
Australia		82			73			82			89			97			341
Other International⁽¹⁾		4			(62	)		10			5			18			(29	)

Total International Net Premiums Written	$	138		$	140		$	306		$	292		$	245		$	983

Loss Ratio⁽²⁾
Canada		39	%		32	%		25	%		21	%		26	%		26	%
Australia		59	%		47	%		48	%		41	%		41	%		44	%
Other International		95	%		99	%		87	%		70	%		71	%		83	%
Total International Loss Ratio		51	%		46	%		40	%		33	%		37	%		39	%

Expense Ratio⁽³⁾
Canada		50	%		23	%		14	%		16	%		23	%		18	%
Australia		21	%		25	%		22	%		27	%		27	%		25	%
Other International⁽¹⁾		364	%		-34	%		190	%		362	%		104	%		-277	%
Total International Expense Ratio		42	%		50	%		22	%		25	%		31	%		29	%

Primary Insurance In-force
Canada	$	169,700		$	171,500		$	192,800		$	194,100		$	185,000
Australia		185,800			184,500			207,500			249,900			234,600
Other International⁽¹⁾		45,100			49,400			64,300			71,500			72,400

Total International Primary Insurance In-force	$	400,600		$	405,400		$	464,600		$	515,500		$	492,000

Primary Risk In-force⁽⁴⁾
Canada
Flow	$	46,700		$	47,300		$	53,300		$	53,400		$	50,700
Bulk		12,700			12,700			14,200			14,500			14,100

Total Canada		59,400			60,000			67,500			67,900			64,800
Australia
Flow		57,300			56,700			63,700			76,500			71,600
Bulk		7,700			7,900			8,900			11,000			10,500

Total Australia		65,000			64,600			72,600			87,500			82,100
Other International
Flow⁽¹⁾		5,300			5,600			7,100			7,900			8,000
Bulk		600			700			800			800			800

Total Other International		5,900			6,300			7,900			8,700			8,800

Total International Primary Risk In-force	$	130,300		$	130,900		$	148,000		$	164,100		$	155,700

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⁾	Includes the impact of settlements and cancelled insurance contracts, primarily with lenders in Europe.

⁽²⁾

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 were as follows: Canada 35%-40%, Australia 30%-40% and Europe 60%-65%.

⁽³⁾	The ratio of an insurer’s general expenses to net premiums written. In our business, general expenses consist of acquisition and operating expenses, net of deferrals, and amortization of DAC and intangibles and excludes reorganization expenses recorded in the fourth quarter of 2008.

⁽⁴⁾

Our businesses in Australia, New Zealand and Canada currently provide 100% coverage on the majority of the loans we insure in those markets. For the purpose of representing our risk in-force, we have computed an “Effective Risk In-force” amount which recognizes that the loss on any particular loan will be reduced by the net proceeds received upon sale of the property. Effective risk in-force has been calculated by applying to insurance in-force a factor that represents our highest expected average per-claim payment for any one underwriting year over the life of our businesses in Australia, New Zealand and Canada. This factor was 35% for all periods presented.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance—Canada

(dollar amounts in millions)


Primary Insurance	March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Insured loans in-force		1,174,756			1,168,884			1,141,020			1,108,423			1,080,874
Insured delinquent loans		3,365			2,940			2,517			2,340			2,410
Insured delinquency rate		0.29	%		0.25	%		0.22	%		0.21	%		0.22	%

Flow loans in-force		893,680			890,092			871,025			842,863			815,980
Flow delinquent loans		3,074			2,680			2,298			2,140			2,198
Flow delinquency rate		0.34	%		0.30	%		0.26	%		0.25	%		0.27	%

Bulk loans in-force		281,076			278,792			269,995			265,560			264,894
Bulk delinquent loans		291			260			219			200			212
Bulk delinquency rate		0.10	%		0.09	%		0.08	%		0.08	%		0.08	%

Loss Metrics	March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Beginning Reserves	$	130		$	127		$	117		$	106		$	90
Paid claims		(22	)		(18	)		(21	)		(20	)		(15	)
Increase in reserves		50			39			35			30			35
Impact of changes in foreign exchange rates		(3	)		(18	)		(4	)		1			(4	)

Ending Reserves	$	155		$	130		$	127		$	117		$	106


	March 31, 2009						December 31, 2008						March 31, 2008
Province and Territory	% of Primary Risk In-force			Primary Delinquency Rate			% of Primary Risk In-force			Primary Delinquency Rate			% of Primary Risk In-force
Ontario		48	%		0.29	%		48	%		0.25	%		49	%
British Columbia		16			0.17	%		16			0.15	%		16
Alberta		15			0.36	%		15			0.31	%		14
Quebec		14			0.30	%		14			0.26	%		13
Nova Scotia		2			0.29	%		2			0.29	%		2
Saskatchewan		2			0.08	%		2			0.07	%		1
Manitoba		1			0.11	%		1			0.10	%		1
New Brunswick		1			0.22	%		1			0.24	%		1
All Other		1			0.22	%		1			0.19	%		3

Total		100	%		0.27	%		100	%		0.24	%		100	%


By Policy Year
2000 and Prior		8	%		0.04	%		8	%		0.04	%		9	%
2001		3			0.07	%		3			0.06	%		3
2002		5			0.07	%		5			0.07	%		6
2003		6			0.13	%		7			0.12	%		7
2004		10			0.20	%		10			0.20	%		11
2005		10			0.29	%		11			0.28	%		12
2006		13			0.54	%		13			0.49	%		16
2007		27			0.50	%		27			0.42	%		32
2008		16			0.20	%		16			0.11	%		4
2009		2			—	%		—			—	%		—

Total		100	%		0.27	%		100	%		0.24	%		100	%

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance—Canada

(Canadian dollar amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Paid Claims
Flow	$	27		$	21		$	20		$	20		$	15		$	76
Bulk		1			1			—			—			—			1

Total Paid Claims	$	28		$	22		$	20		$	20		$	15		$	77

Average Paid Claim (in thousands)	$	64.2		$	62.1		$	56.3		$	54.5		$	49.6

Average Reserve Per Delinquency (in thousands)	$	58.1		$	54.6		$	53.7		$	50.8		$	45.3

Loss Metrics
Beginning Reserves	$	161		$	135		$	119		$	109		$	89
Paid claims		(28	)		(22	)		(20	)		(20	)		(15	)
Increase in reserves		63			48			36			30			35

Ending Reserves	$	196		$	161		$	135		$	119		$	109

Loan Amount
Over $550K		3	%		3	%		3	%		3	%		3	%
$400K to $550K		6			6			6			6			6
$250K to $400K		27			27			26			26			25
$100K to $250K		56			56			57			57			58
$100K or Less		8			8			8			8			8

Total		100	%		100	%		100	%		100	%		100	%

Average Primary Loan Size (in thousands)	$	182		$	181		$	180		$	178		$	176

All amounts presented in Canadian dollars.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance—Australia

(dollar amounts in millions)


Primary Insurance	March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Insured loans in-force		1,439,276			1,426,277			1,426,729			1,422,851			1,406,731
Insured delinquent loans		6,420			5,675			5,121			5,026			4,571
Insured delinquency rate		0.45	%		0.40	%		0.36	%		0.35	%		0.32	%

Flow loans in-force		1,262,895			1,247,218			1,247,313			1,240,020			1,222,667
Flow delinquent loans		6,275			5,573			5,018			4,926			4,489
Flow delinquency rate		0.50	%		0.45	%		0.40	%		0.40	%		0.37	%

Bulk loans in-force		176,381			179,059			179,416			182,831			184,064
Bulk delinquent loans		145			102			103			100			82
Bulk delinquency rate		0.08	%		0.06	%		0.06	%		0.05	%		0.04	%

Loss Metrics	March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Beginning Reserves	$	138		$	141		$	164		$	157		$	155
Paid claims		(23	)		(21	)		(31	)		(36	)		(39	)
Increase in reserves		39			34			38			35			35
Impact of changes in foreign exchange rates		—			(16	)		(30	)		8			6

Ending Reserves	$	154		$	138		$	141		$	164		$	157


	March 31, 2009						December 31, 2008						March 31, 2008
State and Territory	% of Primary Risk In-force			Primary Delinquency Rate			% of Primary Risk In-force			Primary Delinquency Rate			% of Primary Risk In-force
New South Wales		32	%		0.76	%		33	%		0.70	%		33	%
Victoria		23			0.33	%		22			0.31	%		22
Queensland		22			0.26	%		21			0.23	%		21
Western Australia		10			0.24	%		10			0.19	%		10
South Australia		5			0.25	%		5			0.23	%		5
New Zealand		3			1.24	%		4			0.79	%		4
Australian Capital Territory		2			0.10	%		2			0.09	%		2
Tasmania		2			0.20	%		2			0.14	%		2
Northern Territory		1			0.11	%		1			0.08	%		1

Total		100	%		0.45	%		100	%		0.40	%		100	%


By Policy Year
2000 and Prior		9	%		0.02	%		10	%		0.02	%		10	%
2001		3			0.06	%		3			0.06	%		4
2002		6			0.11	%		6			0.11	%		7
2003		7			0.28	%		7			0.25	%		8
2004		9			0.56	%		9			0.56	%		11
2005		12			0.75	%		13			0.74	%		15
2006		17			0.88	%		17			0.79	%		20
2007		18			0.76	%		19			0.57	%		20
2008		15			0.28	%		16			0.14	%		5
2009		4			—	%		—			—	%		—

Total		100	%		0.45	%		100	%		0.40	%		100	%

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance—Australia

(Australian dollar amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Paid Claims
Flow	$	33		$	31		$	32		$	38		$	42		$	143
Bulk		1			1			1			—			1			3

Total Paid Claims	$	34		$	32		$	33		$	38		$	43		$	146

Average Paid Claim (in thousands)	$	58.6		$	63.0		$	63.8		$	76.4		$	79.3

Average Reserve Per Delinquency (in thousands)	$	34.5		$	34.8		$	34.8		$	34.1		$	37.7

Loss Metrics
Beginning Reserves	$	197		$	179		$	171		$	172		$	177
Paid claims		(34	)		(32	)		(33	)		(38	)		(43	)
Increase in reserves		58			50			41			37			38

Ending Reserves	$	221		$	197		$	179		$	171		$	172

Loan Amount
Over $550K		10	%		10	%		10	%		10	%		9	%
$400K to $550K		13			12			12			12			12
$250K to $400K		33			33			33			32			32
$100K to $250K		36			37			37			37			38
$100K or Less		8			8			8			9			9

Total		100	%		100	%		100	%		100	%		100	%

Average Primary Loan Size (in thousands)	$	186		$	186		$	184		$	183		$	183

All amounts presented in Australian dollars.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance

(amounts in millions)


Risk In-force by Loan-To-Value Ratio⁽¹⁾	March 31, 2009						December 31, 2008
	Primary		Flow		Bulk		Primary		Flow		Bulk
Canada
95.01% and above	$	19,487	$	19,487	$	—	$	19,683	$	19,683	$	—
90.01% to 95.00%		15,699		15,696		2		15,889		15,887		2
80.01% to 90.00%		10,502		9,732		770		10,620		9,875		745
80.00% and below		13,700		1,819		11,881		13,835		1,835		12,000

Total Canada	$	59,387	$	46,733	$	12,654	$	60,027	$	47,280	$	12,747

Australia
95.01% and above	$	9,002	$	9,002	$	1	$	8,226	$	8,225	$	1
90.01% to 95.00%		11,258		11,248		10		11,065		11,054		10
80.01% to 90.00%		15,686		15,569		117		15,579		15,459		119
80.00% and below		29,089		21,511		7,578		29,700		21,967		7,733

Total Australia	$	65,036	$	57,330	$	7,706	$	64,570	$	56,707	$	7,863

Other International
95.01% and above	$	1,590	$	1,585	$	6	$	1,669	$	1,659	$	9
90.01% to 95.00%		2,282		2,198		85		2,416		2,299		117
80.01% to 90.00%		1,791		1,387		404		1,993		1,460		533
80.00% and below		207		161		46		225		159		66

Total Other International	$	5,871	$	5,331	$	540	$	6,303	$	5,578	$	725

Amounts may not total due to rounding.

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

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Income and Sales—Lifestyle Protection

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	282		$	303		$	342		$	375		$	362		$	1,382
Net investment income		32			37			49			51			46			183
Net investment gains (losses)		(13	)		(4	)		(27	)		(1	)		—			(32	)
Insurance and investment product fees and other		4			2			6			6			10			24

Total revenues		305			338			370			431			418			1,557

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		83			69			49			76			72			266
Acquisition and operating expenses, net of deferrals		153			191			200			216			200			807
Amortization of deferred acquisition costs and intangibles		58			53			72			80			87			292
Interest expense		7			5			18			8			6			37

Total benefits and expenses		301			318			339			380			365			1,402

INCOME BEFORE INCOME TAXES		4			20			31			51			53			155
Provision for income taxes		1			2			8			3			15			28

NET INCOME		3			18			23			48			38			127

ADJUSTMENTS TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		8			3			17			1			—			21
Expenses related to reorganization, net of taxes		—			4			—			—			—			4

NET OPERATING INCOME⁽¹⁾	$	11		$	25		$	40		$	49		$	38		$	152


Effective tax rate (operating income)		34.6	%		18.9	%		27.6	%		8.7	%		28.2	%		21.2	%

SALES:
Lifestyle Protection
Traditional indemnity premiums	$	267		$	306		$	333		$	390		$	334		$	1,363
Premium equivalents for administrative services only business		8			11			20			30			35			96
Reinsurance premiums assumed accounted for under the deposit method		132			148			260			301			270			979

Total Lifestyle Protection⁽²⁾		407			465			613			721			639			2,438
Mexico operations		16			19			23			20			21			83

Total Sales	$	423		$	484		$	636		$	741		$	660		$	2,521


SALES BY REGION:
Lifestyle Protection
Established European Regions
Western region	$	50		$	61		$	88		$	120		$	130		$	399
Central region		97			138			153			182			153			626
Southern region		88			101			140			174			137			552
Nordic region		70			63			82			97			85			327
New Markets		36			33			71			63			56			223
Structured Deals⁽³⁾		66			69			79			85			78			311

Total Lifestyle Protection		407			465			613			721			639			2,438
Mexico operations		16			19			23			20			21			83

Total Sales	$	423		$	484		$	636		$	741		$	660		$	2,521

⁽¹⁾	Net operating income adjusted for foreign exchange for our lifestyle protection business was $13 million for the three months ended March 31, 2009.

⁽²⁾	Sales adjusted for foreign exchange for our lifestyle protection business was $502 million for the three months ended March 31, 2009.

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

U.S. Mortgage Insurance

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

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

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	170		$	182		$	185		$	190		$	183		$	740
Net investment income		33			33			36			36			37			142
Net investment gains (losses)		(19	)		(15	)		(45	)		1			1			(58	)
Insurance and investment product fees and other		4			4			4			11			8			27

Total revenues		188			204			180			238			229			851

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		403			366			301			295			259			1,221
Acquisition and operating expenses, net of deferrals		32			32			33			36			37			138
Amortization of deferred acquisition costs and intangibles		5			14			46			11			9			80
Goodwill impairment		—			—			22			—			—			22

Total benefits and expenses		440			412			402			342			305			1,461

LOSS BEFORE INCOME TAXES		(252	)		(208	)		(222	)		(104	)		(76	)		(610	)
Benefit for income taxes		(104	)		(83	)		(73	)		(45	)		(41	)		(242	)

NET LOSS		(148	)		(125	)		(149	)		(59	)		(35	)		(368	)

ADJUSTMENT TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		13			11			28			—			(1	)		38

NET OPERATING LOSS	$	(135	)	$	(114	)	$	(121	)	$	(59	)	$	(36	)	$	(330	)


Effective tax rate (operating loss)		41.7	%		40.1	%		32.2	%		43.4	%		53.9	%		40.1	%

SALES:
New Insurance Written (NIW)
Flow	$	2,500		$	3,200		$	6,200		$	14,000		$	15,000		$	38,400
Bulk		1,100			200			100			400			100			800
Pool		100			100			200			200			100			600

Total U.S. Mortgage NIW	$	3,700		$	3,500		$	6,500		$	14,600		$	15,200		$	39,800

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Growth Metrics—U.S. Mortgage Insurance

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Net Premiums Written	$	171		$	184		$	193		$	214		$	202		$	793
New Risk Written
Flow	$	510		$	713		$	1,475		$	3,465		$	3,768		$	9,421
Bulk⁽¹⁾		45			16			10			25			4			55

Total Primary		555			729			1,485			3,490			3,772			9,476
Pool		2			6			7			7			5			25

Total New Risk Written	$	557		$	735		$	1,492		$	3,497		$	3,777		$	9,501

Primary Insurance In-force	$	159,800		$	162,500		$	175,300		$	174,900		$	166,700
Risk In-force
Flow	$	34,085		$	34,950		$	35,169		$	34,667		$	32,398
Bulk⁽¹⁾		721			872			1,344			1,371			1,355

Total Primary		34,806			35,822			36,513			36,038			33,753
Pool		355			363			374			381			383

Total Risk In-force	$	35,161		$	36,185		$	36,887		$	36,419		$	34,136


Other Metrics—U.S. Mortgage Insurance
GAAP Basis Expense Ratio⁽²⁾		22	%		25	%		55	%		25	%		25	%		33	%
Adjusted Expense Ratio⁽³⁾		22	%		25	%		53	%		22	%		23	%		30	%
Flow Persistency		83	%		89	%		88	%		85	%		83	%
Gross written premiums ceded to captives/total direct written premiums		22	%		21	%		21	%		20	%		20	%
Risk to Capital Ratio⁽⁴⁾		13.6:1			14.3:1			14.8:1			13.2:1			12.4:1

Average primary loan size (in thousands)	$	164		$	164		$	170		$	169		$	166
Primary risk in-force subject to captives		53	%		53	%		53	%		55	%		58	%
Primary risk in-force that is GSE conforming		96	%		96	%		95	%		95	%		95	%
Primary interest only risk in-force with initial reset > 5 years		95	%		95	%		95	%		95	%		94	%
Primary risk in-force with potential to reset in 2008⁽⁵⁾		N/A			N/A			1.1	%		1.3	%		1.4	%
Primary risk in-force with potential to reset in 2009⁽⁵⁾		1.2	%		1.2	%		1.3	%		1.4	%		1.6	%
Primary risk in-force with potential to reset in 2010⁽⁵⁾		1.4	%		1.4	%

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 for the first quarter of 2008 have been revised to exclude deductible amounts specific to our GSE Alt-A and portfolio deals where the counterparty is in a first loss position.

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

⁽³⁾

The ratio of an insurer’s general expenses to net written premiums. In our business, general expenses consist of acquisition and operating expenses, net of deferrals, amortization of DAC, and intangibles and goodwill impairment and excludes reorganization expenses recorded in the fourth quarter of 2008.

⁽⁴⁾

Certain states limit a private mortgage insurer’s risk in-force to 25 times the total of the insurer’s policyholders’ surplus plus the statutory contingency reserve, commonly known as the “risk to capital” requirement. The risk to capital ratio for our U.S. mortgage insurance business was computed as of the beginning of the period indicated.

In December 2008, we received regulatory approval to change the calculation of our risk to capital ratio, thereby allowing us to calculate statutory risk as risk in-force less the risk ceded to our captive participants. This change is reflected in the risk to capital ratio beginning in the fourth quarter of 2008. Risk to capital ratios for prior periods were not recalculated.

In April 2009, we received regulatory approval to further change the calculation of our risk to capital ratio, thereby allowing us to also exclude the risk on loans that are currently in default. This change is reflected in the risk to capital ratio beginning in the first quarter of 2009. Risk to capital ratios for prior periods were not recalculated.

⁽⁵⁾	Represents < 5 year adjustable rate mortgages excluding option adjustable rate mortgages (ARMs).

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Loss Metrics—U.S. Mortgage Insurance

(dollar amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Net Paid Claims
Flow	$	197		$	171		$	131		$	89		$	79		$	470
Bulk		1			1			1			3			5			10

Total Primary		198			172			132			92			84			480
Pool		—			1			—			—			—			1

Total Net Paid Claims	$	198		$	173		$	132		$	92		$	84		$	481

Average Paid Claim (in thousands)	$	55.5		$	52.3		$	48.6		$	42.9		$	42.4

Number of Primary Delinquencies
Flow		79,349			72,166			57,985			46,700			38,316
Bulk loans with established reserve		7,561			4,450			6,038			4,475			3,768
Bulk loans with no reserve⁽¹⁾		6,054			6,761			7,535			6,630			4,442

Average Reserve Per Delinquency (in thousands)
Flow	$	23.1		$	21.5		$	20.5		$	19.1		$	15.8
Bulk loans with established reserve		11.3			10.8			19.8			18.2			14.9
Bulk loans with no reserve⁽¹⁾		—			—			—			—			—

Beginning Reserves	$	1,711		$	1,312		$	973		$	661		$	467		$	467
Paid claims		(205	)		(176	)		(133	)		(92	)		(84	)		(485	)
Increase in reserves		522			575			472			404			278			1,729

Ending Reserves	$	2,028		$	1,711		$	1,312		$	973		$	661		$	1,711

Beginning Reinsurance Recoverable⁽²⁾	$	506		$	301		$	131		$	22		$	3		$	3
Ceded paid claims		(7	)		(3	)		(1	)		—			—			(4	)
Increase in recoverable		120			208			171			109			19			507

Ending Reinsurance Recoverable	$	619		$	506		$	301		$	131		$	22		$	506

Loss Ratio⁽³⁾		237	%		200	%		163	%		155	%		142	%		165	%

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 excludes ceded unearned premium recoveries and amounts for which cash proceeds have not yet been received.

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

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance


	2009		2008
	Q1		Q4		Q3		Q2		Q1
Risk In-force by Credit Quality⁽¹⁾
Primary by FICO Scores >679	63	%	63	%	63	%	62	%	60	%
Primary by FICO Scores 620-679	29	%	29	%	29	%	30	%	31	%
Primary by FICO Scores 575-619	6	%	6	%	6	%	6	%	7	%
Primary by FICO Scores <575	2	%	2	%	2	%	2	%	2	%

Flow by FICO Scores >679	63	%	62	%	62	%	60	%	59	%
Flow by FICO Scores 620-679	29	%	30	%	30	%	31	%	32	%
Flow by FICO Scores 575-619	6	%	6	%	6	%	7	%	7	%
Flow by FICO Scores <575	2	%	2	%	2	%	2	%	2	%

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

Primary A minus	6	%	6	%	6	%	6	%	7	%
Sub-prime⁽²⁾	5	%	5	%	5	%	6	%	6	%
Primary Loans
Insured loans in-force	973,988		990,357		1,033,789		1,034,697		1,001,430
Insured delinquent loans	92,964		83,377		71,558		57,805		46,526
Insured delinquency rate	9.54	%	8.42	%	6.92	%	5.59	%	4.65	%

Flow loans in-force	826,663		846,645		854,465		849,292		812,061
Flow delinquent loans	79,349		72,166		57,985		46,700		38,316
Flow delinquency rate	9.60	%	8.52	%	6.79	%	5.50	%	4.72	%

Bulk loans in-force	147,325		143,712		179,324		185,405		189,369
Bulk delinquent loans	13,615		11,211		13,573		11,105		8,210
Bulk delinquency rate	9.24	%	7.80	%	7.57	%	5.99	%	4.34	%

A minus and sub-prime loans in-force	101,413		104,845		108,028		110,979		112,383
A minus and sub-prime delinquent loans	23,448		23,047		19,583		16,171		13,254
A minus and sub-prime delinquency rate	23.12	%	21.98	%	18.13	%	14.57	%	11.79	%
Pool Loans
Insured loans in-force	21,870		21,940		21,233		20,266		19,536
Pool delinquent loans	586		568		509		464		415
Pool delinquency rate	2.68	%	2.59	%	2.40	%	2.29	%	2.12	%

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

⁽²⁾	Excludes loans classified as A minus.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance


	March 31, 2009				December 31, 2008				March 31, 2008
	% 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	%	13.34	%	23	%	11.73	%	25	%	6.16	%
South Central⁽²⁾	17		8.07	%	17		7.27	%	17		3.77	%
Northeast⁽³⁾	13		7.61	%	13		6.72	%	13		3.97	%
North Central⁽⁴⁾	11		7.78	%	12		6.90	%	11		3.89	%
Pacific⁽⁵⁾	11		13.66	%	11		10.77	%	11		5.11	%
Great Lakes⁽⁶⁾	8		8.22	%	8		8.16	%	8		5.51	%
Plains⁽⁷⁾	6		5.27	%	6		4.72	%	6		2.91	%
Mid-Atlantic⁽⁸⁾	5		8.25	%	5		7.03	%	5		3.70	%
New England⁽⁹⁾	5		8.10	%	5		7.03	%	4		4.21	%

Total	100	%	9.54	%	100	%	8.42	%	100	%	4.65	%

By State
Florida	8	%	24.49	%	8	%	20.94	%	9	%	9.61	%
Texas	7	%	6.10	%	7	%	6.25	%	7	%	3.62	%
New York	6	%	6.04	%	6	%	5.26	%	6	%	3.07	%
California	5	%	16.70	%	5	%	13.36	%	6	%	6.63	%
Illinois	5	%	10.27	%	5	%	8.92	%	5	%	4.37	%
North Carolina	4	%	7.37	%	4	%	6.74	%	4	%	3.89	%
Georgia	4	%	11.33	%	4	%	10.21	%	4	%	5.88	%
Pennsylvania	4	%	7.29	%	4	%	6.97	%	4	%	4.56	%
New Jersey	4	%	11.63	%	4	%	9.52	%	3	%	4.95	%
Arizona	3	%	16.92	%	3	%	13.31	%	3	%	5.21	%

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

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

⁽³⁾	New Jersey, New York and Pennsylvania

⁽⁴⁾	Illinois, Minnesota, Missouri and Wisconsin

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

⁽⁶⁾	Indiana, Kentucky, Michigan and Ohio

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

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

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

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance

(amounts in millions)


Primary Risk In-force:	March 31, 2009		% of Total		December 31, 2008		% of Total		March 31, 2008⁽³⁾		% of Total
Lender concentration (by original applicant)	$	34,806			$	35,822			$	33,753
Top 10 lenders		17,183				17,639				15,004
Top 20 lenders		20,552				21,140				18,811
Loan-to-value ratio
95.01% and above	$	8,794	25	%	$	9,084	25	%	$	9,274	27	%
90.01% to 95.00%		11,924	34			12,247	34			11,045	33
80.01% to 90.00%		13,419	39			13,691	39			12,177	36
80.00% and below		669	2			800	2			1,257	4

Total	$	34,806	100	%	$	35,822	100	%	$	33,753	100	%

Loan grade
Prime	$	30,970	89	%	$	31,838	89	%	$	29,503	87	%
A minus and sub-prime		3,836	11			3,984	11			4,250	13

Total	$	34,806	100	%	$	35,822	100	%	$	33,753	100	%

Loan type⁽¹⁾
First Mortgages
Fixed rate mortgage
Flow	$	33,130	95	%	$	33,928	95	%	$	31,248	93	%
Bulk		629	2			779	2			735	2
Adjustable rate mortgage
Flow		955	3			1,022	3			1,151	3
Bulk		92	—			93	—			619	2
Second mortgages		—	—			—	—			—	—

Total	$	34,806	100	%	$	35,822	100	%	$	33,753	100	%

Type of documentation
Alt-A
Flow	$	1,290	4	%	$	1,359	4	%	$	1,526	5	%
Bulk		279	1			324	1			337	1
Standard⁽²⁾
Flow		32,795	94			33,591	94			30,872	91
Bulk		442	1			548	1			1,018	3

Total	$	34,806	100	%	$	35,822	100	%	$	33,753	100	%

Mortgage term
15 years and under	$	372	1	%	$	428	1	%	$	377	1	%
More than 15 years		34,434	99			35,394	99			33,376	99

Total	$	34,806	100	%	$	35,822	100	%	$	33,753	100	%

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

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

⁽³⁾	The March 31, 2008 amounts previously presented have been revised to exclude deductible amounts specific to our GSE Alt-A and portfolio deals where the counterparty was in a first loss position.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance

(amounts in millions)


	As of March 31, 2009
Policy Year	Average Rate		Primary Insurance In-force			% of Total		Primary Risk In-force		% of Total
1998 and Prior	7.96	%	$	1,930		1.2	%	$	498	1.4	%
1999	7.34	%		767		0.5			193	0.6
2000	8.16	%		516		0.3			126	0.4
2001	7.42	%		1,681		1.1			422	1.2
2002	6.61	%		4,152		2.6			980	2.8
2003	5.64	%		16,976		10.6			2,684	7.7
2004	5.87	%		9,316		5.8			2,025	5.8
2005	5.98	%		14,183		8.9			3,540	10.2
2006	6.56	%		22,746		14.2			4,775	13.7
2007	6.67	%		47,514		29.8			10,176	29.2
2008	6.23	%		36,408		22.8			8,839	25.4
2009	5.25	%		3,587		2.2			548	1.6

Total	6.35	%	$	159,776		100.0	%	$	34,806	100.0	%


Occupancy and Property Type	As of March 31, 2009		As of December 31, 2008
Occupancy Status % of Primary Risk In-force
Primary residence	92.9	%		92.9	%
Second home	4.2			4.2
Non-owner occupied	2.9			2.9

Total	100.0	%		100.0	%

Property Type % of Primary Risk In-force
Single family detached	85.6	%		85.6	%
Condominium and co-operative	11.1			11.1
Multi-family and other	3.3			3.3

Total	100.0	%		100.0	%

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Portfolio Quality Metrics—U.S. Mortgage Insurance

(amounts in billions)


	FICO > 679			FICO 620 - 679⁽¹⁾			FICO < 620			Total
	2009 Q1			2009 Q1			2009 Q1			2009 Q1
Primary Risk In-force
Total Primary Risk In-force	$	22.0		$	10.1		$	2.7		$	34.8
Delinquency rate⁽²⁾		6.0	%		14.0	%		23.6	%		9.5	%

2009 policy year	$	0.5		$	—		$	—		$	0.5
Delinquency rate		—	%		—	%		—	%		—	%

2008 policy year	$	6.8		$	1.7		$	0.3		$	8.8
Delinquency rate		2.2	%		7.1	%		18.2	%		3.7	%

2007 policy year	$	5.8		$	3.3		$	1.1		$	10.2
Delinquency rate		10.0	%		17.1	%		28.4	%		14.2	%

2006 policy year	$	2.7		$	1.6		$	0.5		$	4.8
Delinquency rate		12.0	%		18.8	%		25.2	%		15.3	%

2005 policy year	$	2.1		$	1.2		$	0.3		$	3.6
Delinquency rate		7.4	%		14.8	%		20.3	%		10.8	%

2004 and prior policy years	$	4.1		$	2.3		$	0.5		$	6.9
Delinquency rate		3.4	%		11.5	%		18.9	%		6.7	%

Fixed rate mortgage	$	21.4		$	9.8		$	2.6		$	33.8
Delinquency rate		5.6	%		13.6	%		23.4	%		9.1	%

Adjustable rate mortgage	$	0.6		$	0.3		$	0.1		$	1.0
Delinquency rate		24.2	%		27.5	%		35.2	%		26.1	%

LTV > 95%	$	4.4		$	3.3		$	1.1		$	8.8
Delinquency rate		5.7	%		15.6	%		27.8	%		12.3	%

Alt-A⁽³⁾	$	1.1		$	0.4		$	0.1		$	1.6
Delinquency rate		21.9	%		32.1	%		31.7	%		24.3	%

Interest only and option ARMs	$	2.3		$	0.9		$	0.1		$	3.3
Delinquency rate		23.4	%		33.1	%		40.1	%		26.1	%

⁽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 verfication of income or assets and a higher historical and expected delinquency rate than standard documentation loans.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

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

(dollar amounts in millions)


	March 31, 2009			December 31, 2008			March 31, 2008⁽³⁾
GSE Alt-A
Risk in-force	$	336		$	338		$	340
Average FICO score		720			720			718
Loan-to-value ratio		79	%		79	%		79	%
Standard documentation⁽¹⁾		23	%		22	%		28	%
Stop loss		100	%		100	%		100	%
Deductible		81	%		81	%		85	%

Portfolio⁽²⁾
Risk in-force	$	—		$	—		$	527
Average FICO score		—			—			723
Loan-to-value ratio		—	%		—	%		76	%
Standard documentation		—	%		—	%		97	%
Stop loss		—	%		—	%		100	%
Deductible		—	%		—	%		27	%

FHLB
Risk in-force	$	297		$	443		$	385
Average FICO score		750			741			743
Loan-to-value ratio		75	%		76	%		68	%
Standard documentation		95	%		87	%		88	%
Stop loss		83	%		86	%		96	%
Deductible		100	%		100	%		100	%

Other
Risk in-force	$	88		$	91		$	103
Average FICO score		691			692			717
Loan-to-value ratio		92	%		91	%		93	%
Standard documentation		96	%		96	%		99	%
Stop loss		9	%		9	%		9	%
Deductible		—	%		—	%		—	%

Total Bulk Risk In-force	$	721		$	872		$	1,355

⁽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.

⁽²⁾	As of December 31, 2008, coverage underlying the Portfolio deals was no longer in-force.

⁽³⁾	The March 31, 2008 amounts previously presented have been revised to exclude deductible amounts specific to our GSE Alt-A and portfolio deals where the counterparty was in a first loss position.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

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


Book Year⁽²⁾	Original Book RIF ($B)		Progression to Attachment Point	March 31, 2009
Book Year⁽²⁾	Original Book RIF ($B)		Progression to Attachment Point	Current RIF ($B)		Ever to Date Incurred Losses ($MM)		Captive Benefit ($MM)
2004			0-50%	$	0.8	$	37
2004			50-75%		0.2		19
2004			75-99%		0.1		5
2004			Attached		—		5

2004 Total	$	3.5		$	1.1	$	66	$	—

2005			0-50%	$	0.1	$	1
2005			50-75%		0.1		3
2005			75-99%		0.2		16
2005			Attached		1.9		248

2005 Total	$	4.4		$	2.3	$	268		28

2006			0-50%	$	0.1	$	1
2006			50-75%		—		1
2006			75-99%		0.1		4
2006			Attached		2.6		440

2006 Total	$	4.2		$	2.8	$	446		23

2007			0-50%	$	0.1	$	2
2007			50-75%		0.1		6
2007			75-99%		—		3
2007			Attached		5.6		700

2007 Total	$	6.8		$	5.8	$	711		65

2008			0-50%	$	1.5	$	12
2008			50-75%		1.0		26
2008			75-99%		0.1		3
2008			Attached		0.4		18

2008 Total	$	3.2		$	3.0	$	59		3



Captive Benefit In Quarter ($MM)								$	119

⁽¹⁾

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

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

Corporate and Other

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Net Operating Loss—Corporate and Other⁽¹⁾

(amounts in millions)


	2009			2008
	Q1⁽²⁾			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	1		$	5		$	5		$	6		$	5		$	21
Net investment income		(1	)		(1	)		6			14			20			39
Net investment gains (losses)		(18	)		(4	)		(32	)		(33	)		(10	)		(79	)
Insurance and investment product fees and other		2			37			(2	)		2			2			39

Total revenues		(16	)		37			(23	)		(11	)		17			20

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		(1	)		—			1			1			—			2
Acquisition and operating expenses, net of deferrals		9			41			(6	)		13			6			54
Amortization of deferred acquisition costs and intangibles		3			4			3			1			2			10
Interest expense		62			69			68			63			58			258

Total benefits and expenses		73			114			66			78			66			324

LOSS BEFORE INCOME TAXES		(89	)		(77	)		(89	)		(89	)		(49	)		(304	)
Benefit from income taxes		(62	)		(42	)		(63	)		(7	)		—			(112	)

NET LOSS		(27	)		(35	)		(26	)		(82	)		(49	)		(192	)

ADJUSTMENTS TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		12			3			23			20			7			53
Expenses related to reorganization, net of taxes		—			4			—			—			—			4

NET OPERATING LOSS	$	(15	)	$	(28	)	$	(3	)	$	(62	)	$	(42	)	$	(135	)


Effective tax rate (operating loss)		79.1	%		58.1	%		91.5	%		7.5	%		—	%		37.7	%

⁽¹⁾	Includes inter-segment eliminations.

⁽²⁾

Additional Financial Data

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Investments Summary

(amounts in millions)


			March 31, 2009				December 31, 2008				September 30, 2008				June 30, 2008				March 31, 2008
			Carrying Amount		% of Total		Carrying Amount		% of Total		Carrying Amount		% of Total		Carrying Amount		% of Total		Carrying Amount		% of Total
Composition of Investment Portfolio
Fixed maturity securities:
Investment grade:
Public fixed maturity securities			$	20,951	32	%	$	22,189	33	%	$	23,591	34	%	$	25,724	35	%	$	25,968	35	%
Private fixed maturity securities				7,706	12			7,782	11			9,406	14			9,791	13			10,001	14
Mortgage-backed securities (MBS):	Residential mortgage-backed securities⁽²⁾			1,839	3			2,159	3			2,627	4			2,554	3			2,772	4
	Commercial mortgage-backed securities			3,243	4			3,383	5			4,177	6			4,245	6			4,242	6
	Small balance commercial mortgage-backed securities			362	1			330	1			453	1			513	1			509	—
Asset-backed securities (ABS):	Residential mortgage-backed securities⁽²⁾			389	1			582	1			758	1			952	1			1,290	2
	Other non-residential collateral			1,818	3			2,017	3			2,554	4			2,880	4			3,258	5
	Small balance asset-backed securities			67	—			63	—			83	—			89	—			100	—
Tax exempt				2,463	4			2,370	4			2,415	3			2,315	3			2,215	3
Non-investment grade fixed maturity securities				2,481	4			1,996	3			2,660	4			2,824	4			2,676	4
Equity securities:
Common stocks and mutual funds				107	—			100	—			107	—			71	—			34	—
Preferred stocks				114	—			134	—			202	—			338	1			360	1
Commercial mortgage loans				8,023	12			8,262	12			8,447	12			8,573	12			8,822	12
Policy loans				1,842	3			1,834	3			1,822	3			1,806	2			1,654	2
Cash, cash equivalents and short-term investments				8,163	13			8,447	12			5,367	8			5,983	8			3,873	5
Securities lending				1,069	2			1,469	2			1,674	2			1,836	3			2,443	3
Other invested assets:	Limited partnerships⁽¹⁾			658	1			715	1			716	1			701	1			690	1
	Derivatives:
	LTC forward starting swap—cash flow			354	1			501	1			799	1			747	1			901	1
	Other cash flow			68	—			120	—			41	—			38	—			62	—
	Fair value			231	—			277	—			99	—			101	—			173	—
	Equity index options—non-qualified			154	—			152	—			256	1			217	—			212	—
	LTC swaptions—non-qualified			527	1			780	1			—	—			—	—			—	—
	Other non-qualified			427	1			385	1			43	—			25	—			39	—
	Trading portfolio			156	—			169	—			222	—			237	1			236	1
	Counterparty collateral			1,248	2			1,605	3			693	1			478	1			664	1
	Other			89	—			119	—			105	—			112	—			78	—

Total invested assets and cash			$	64,549	100	%	$	67,940	100	%	$	69,317	100	%	$	73,150	100	%	$	73,272	100	%

Public Fixed Maturity Securities—Credit Quality:
NAIC Designation		Rating Agency Equivalent Designation
1		Aaa	$	8,934	29	%	$	9,651	30	%	$	10,649	30	%	$	11,245	30	%	$	12,275	32	%
1		Aa		4,417	15			4,542	14			5,223	15			7,133	19			6,804	17
1		A		9,618	31			10,653	33			10,528	30			11,044	29			11,155	29
2		Baa		6,218	20			6,111	19			7,332	20			6,588	17			6,671	18
3		Ba		971	3			844	3			1,096	4			1,299	4			1,210	3
4		B		399	1			381	1			556	1			524	1			508	1
5		Caa and lower		187	1			101	—			93	—			97	—			68	—
6		In or near default		3	—			1	—			1	—			10	—			12	—
Not rated		Not rated		17	—			13	—			13	—			24	—			—	—

		Total public fixed maturity securities	$	30,764	100	%	$	32,297	100	%	$	35,491	100	%	$	37,964	100	%	$	38,703	100	%

Private Fixed Maturity Securities—Credit Quality:
NAIC Designation		Rating Agency Equivalent Designation
1		Aaa	$	1,389	13	%	$	1,458	14	%	$	1,985	15	%	$	2,296	16	%	$	2,656	19	%
1		Aa		959	9			1,065	10			1,296	10			1,944	14			2,054	14
1		A		3,233	31			3,268	31			4,180	31			3,851	28			3,542	25
2		Baa		4,070	38			4,127	39			4,871	37			4,962	36			5,198	36
3		Ba		775	8			596	6			827	6			710	5			758	5
4		B		102	1			54	—			48	1			126	1			69	1
5		Caa and lower		14	—			4	—			3	—			27	—			28	—
6		In or near default		13	—			1	—			1	—			5	—			4	—
Not rated		Not rated		—	—			1	—			22	—			2	—			19	—

		Total private fixed maturity securities	$	10,555	100	%	$	10,574	100	%	$	13,233	100	%	$	13,923	100	%	$	14,328	100	%


⁽¹⁾ Limited partnerships by type:
Distressed bond and equity fund			$	109			$	132			$	153			$	156			$	155
Real estate				258				294				283				286				272
Infrastructure				152				149				139				126				121
Private equity				78				75				76				76				67
Mezzanine				37				41				40				31				48
Strategic equity				8				8				9				10				11
Strategic funds				7				7				7				7				7
Oil and gas				9				9				9				9				9

			$	658			$	715			$	716			$	701			$	690

⁽²⁾	We do not have any material exposure to residential mortgage-backed securities CDOs.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Fixed Maturity Securities Summary

(amounts in millions)


		March 31, 2009				December 31, 2008				September 30, 2008				June 30, 2008				March 31, 2008
Fixed Maturity Securities—Security Sector:		Fair Value		% of Total		Fair Value		% of Total		Fair Value		% of Total		Fair Value		% of Total		Fair Value		% of Total
U.S. government, agencies and government sponsored entities		$	994	2	%	$	905	2	%	$	679	1	%	$	531	1	%	$	529	1	%
Tax exempt			2,464	6			2,371	6			2,417	5			2,372	5			2,217	4
Foreign government			1,672	4			1,760	4			2,226	5			2,796	5			2,699	5
U.S. corporate			18,142	44			19,074	45			20,738	43			22,228	43			22,974	44
Foreign corporate			9,814	24			9,976	23			11,681	24			12,411	24			12,320	23
Mortgage-backed securities (MBS):	Residential mortgage-backed securities		2,063	5			2,253	5			2,695	5			2,613	5			2,773	5
	Commercial mortgage-backed securities		3,323	8			3,428	8			4,243	9			4,352	8			4,344	8
	Small balance commercial mortgage-backed securities		362	1			330	1			453	1			513	1			509	1
Asset-backed securities (ABS):	Residential mortgage-backed securities		556	1			684	1			914	2			1,099	3			1,307	3
	Other non-residential collateral		1,857	5			2,027	5			2,595	5			2,883	5			3,259	6
	Small balance asset-backed securities		72	—			63	—			83	—			89	—			100	—

Total fixed maturity securities⁽¹⁾		$	41,319	100	%	$	42,871	100	%	$	48,724	100	%	$	51,887	100	%	$	53,031	100	%

Corporate Bond Holdings—Industry Sector:
Investment Grade:
Finance and insurance		$	7,676	29	%	$	8,773	32	%	$	10,422	34	%	$	12,062	38	%	$	11,923	36	%
Utilities and energy			5,831	22			5,741	21			5,893	19			6,021	18			6,170	19
Consumer—non-cyclical			3,334	13			3,243	12			3,294	11			3,385	10			3,581	11
Consumer—cyclical			1,496	6			1,317	5			1,531	5			1,584	5			1,817	5
Capital goods			1,621	6			1,837	6			1,958	7			2,022	6			1,767	5
Industrial			1,160	4			1,277	4			1,516	5			1,485	5			1,444	4
Technology and communications			1,501	6			1,584	6			1,601	5			1,717	5			1,931	6
Transportation			1,109	4			1,111	4			1,246	4			1,313	4			1,230	4
Other			2,507	10			2,686	10			3,037	10			3,060	9			3,402	10

Subtotal		$	26,235	100	%	$	27,569	100	%	$	30,498	100	%	$	32,649	100	%	$	33,265	100	%


Non-Investment Grade:
Finance and insurance		$	334	19	%	$	183	12	%	$	236	12	%	$	104	5	%	$	232	11	%
Utilities and energy			202	12			159	11			204	11			198	10			212	11
Consumer—non-cyclical			275	16			232	16			321	17			413	21			412	20
Consumer—cyclical			112	7			179	12			206	11			229	11			316	16
Capital goods			321	19			198	13			193	10			212	11			146	7
Industrial			238	14			272	18			392	20			395	20			257	13
Technology and communications			163	9			186	13			274	14			349	17			350	17
Transportation			59	3			57	4			77	4			58	3			66	3
Other			17	1			15	1			18	1			32	2			38	2

Subtotal		$	1,721	100	%	$	1,481	100	%	$	1,921	100	%	$	1,990	100	%	$	2,029	100	%

Total		$	27,956	100	%	$	29,050	100	%	$	32,419	100	%	$	34,639	100	%	$	35,294	100	%

Fixed Maturity Securities—Contractual Maturity Dates:
Due in one year or less		$	1,677	4	%	$	1,715	4	%	$	2,162	4	%	$	2,213	4	%	$	2,211	4	%
Due after one year through five years			10,048	24			10,091	24			11,529	24			12,279	24			12,026	23
Due after five years through ten years			7,081	17			7,241	17			8,198	17			8,854	17			9,215	17
Due after ten years			14,280	35			15,039	35			15,852	32			16,992	33			17,287	33

Subtotal			33,086	80			34,086	80			37,741	77			40,338	78			40,739	77
Mortgage and asset-backed			8,233	20			8,785	20			10,983	23			11,549	22			12,292	23

Total fixed maturity securities		$	41,319	100	%	$	42,871	100	%	$	48,724	100	%	$	51,887	100	%	$	53,031	100	%

⁽¹⁾	The following table sets forth the fair value of our fixed maturity securities by pricing source as of the date indicated:


	March 31, 2009
	Fair Value		% of Total
Priced via industry standard pricing methodologies	$	34,380	83	%
Priced via broker indicative market prices		705	2
Priced via internally developed models		6,234	15

Total fixed maturity securities	$	41,319	100	%

GENWORTH FINANCIAL, INC.

1Q 2009 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 as of March 31, 2009:


	Original Rating										Current Rating
S&P Equivalent Rating	2004 and Prior		2005		2006		2007		Total⁽¹⁾		2004 and Prior		2005		2006		2007		Total⁽¹⁾
AAA	$	73	$	70	$	127	$	35	$	305	$	33	$	33	$	20	$	—	$	86
AA		20		34		12		10		76		25		14		1		22		62
A		44		44		3		—		91		34		60		25		8		127
BBB		2		3		—		—		5		30		12		19		1		62
BB		—		—		—		—		—		4		6		12		2		24
B		—		—		—		—		—		5		7		24		5		41
CCC and lower		—		—		—		—		—		8		19		41		7		75

Total	$	139	$	151	$	142	$	45	$	477	$	139	$	151	$	142	$	45	$	477

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 as of December 31, 2008:


	Original Rating										Current Rating
S&P Equivalent Rating	2004 and Prior		2005		2006		2007		Total⁽¹⁾		2004 and Prior		2005		2006		2007		Total⁽¹⁾
AAA	$	90	$	85	$	148	$	43	$	366	$	48	$	56	$	41	$	—	$	145
AA		26		53		12		12		103		34		50		36		30		150
A		52		54		5		—		111		39		45		12		13		109
BBB		3		4		—		—		7		40		16		30		1		87
BB		—		—		—		—		—		3		7		19		3		32
B		—		—		—		—		—		—		3		7		2		12
CCC and lower		—		—		—		—		—		7		19		20		6		52

Total	$	171	$	196	$	165	$	55	$	587	$	171	$	196	$	165	$	55	$	587

Net Unrealized Losses by Vintage as of March 31, 2009:


	Original Rating															Current Rating
S&P Equivalent Rating	2004 and Prior			2005			2006			2007			Total⁽¹⁾			2004 and Prior			2005			2006			2007			Total⁽¹⁾
AAA	$	(47	)	$	(33	)	$	(69	)	$	(29	)	$	(178	)	$	(22	)	$	(12	)	$	(8	)	$	—		$	(42	)
AA		(26	)		(63	)		(13	)		(1	)		(103	)		(26	)		(16	)		—			(16	)		(58	)
A		(20	)		(52	)		(1	)		—			(73	)		(20	)		(69	)		(18	)		(6	)		(113	)
BBB		—			(2	)		—			—			(2	)		(21	)		(24	)		(21	)		—			(66	)
BB		—			—			—			—			—			(2	)		(11	)		(6	)		—			(19	)
B		—			—			—			—			—			(3	)		(9	)		(26	)		(7	)		(45	)
CCC and lower		—			—			—			—			—			1			(9	)		(4	)		(1	)		(13	)

Total	$	(93	)	$	(150	)	$	(83	)	$	(30	)	$	(356	)	$	(93	)	$	(150	)	$	(83	)	$	(30	)	$	(356	)

⁽¹⁾	We do not have any 2009 or 2008 vintage mortgage-backed and asset-backed securities collateralized by sub-prime residential mortgage loans.

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


	March 31, 2009
	Fair Value		% of Total
Priced via industry standard pricing methodologies	$	442	93	%
Priced via broker indicative market prices		—	—
Priced via internally developed models		35	7

Total sub-prime investments	$	477	100	%

GENWORTH FINANCIAL, INC.

1Q 2009 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 as of March 31, 2009:


	Original Rating										Current Rating
S&P Equivalent Rating	2004 and Prior		2005		2006		2007		Total⁽¹⁾		2004 and Prior		2005		2006		2007		Total⁽¹⁾
AAA	$	102	$	98	$	67	$	34	$	301	$	101	$	4	$	1	$	—	$	106
AA		13		41		10		1		65		2		45		5		—		52
A		15		27		—		—		42		10		26		—		7		43
BBB		3		2		1		—		6		18		4		1		—		23
BB		—		—		—		—		—		—		25		14		6		45
B		—		—		—		—		—		—		32		34		2		68
CCC and lower		—		—		—		—		—		2		32		23		20		77

Total	$	133	$	168	$	78	$	35	$	414	$	133	$	168	$	78	$	35	$	414

Fair Value by Vintage as of December 31, 2008:


	Original Rating										Current Rating
S&P Equivalent Rating	2004 and Prior		2005		2006		2007		Total⁽¹⁾		2004 and Prior		2005		2006		2007		Total⁽¹⁾
AAA	$	107	$	123	$	79	$	41	$	350	$	106	$	33	$	34	$	32	$	205
AA		15		63		12		1		91		4		92		6		1		103
A		16		26		3		—		45		10		37		1		2		50
BBB		2		2		1		—		5		18		29		14		2		63
BB		—		—		—		—		—		1		5		20		2		28
B		—		—		—		—		—		—		6		6		—		12
CCC and lower		—		—		—		—		—		1		12		14		3		30

Total	$	140	$	214	$	95	$	42	$	491	$	140	$	214	$	95	$	42	$	491

Net Unrealized Losses by Vintage as of March 31, 2009:


	Original Rating															Current Rating
S&P Equivalent Rating	2004 and Prior			2005			2006			2007			Total⁽¹⁾			2004 and Prior			2005			2006			2007			Total⁽¹⁾
AAA	$	(26	)	$	(50	)	$	(22	)	$	(18	)	$	(116	)	$	(25	)	$	(2	)	$	—		$	—		$	(27	)
AA		(17	)		(26	)		—			—			(43	)		(1	)		(17	)		(4	)		—			(22	)
A		(5	)		(5	)		(4	)		—			(14	)		(11	)		—			(4	)		(4	)		(19	)
BBB		1			(1	)		(13	)		—			(13	)		(10	)		(11	)		(13	)		—			(34	)
BB		—			—			—			—			—			(1	)		(43	)		—			(11	)		(55	)
B		—			—			—			—			—			—			(9	)		(21	)		(3	)		(33	)
CCC and lower		—			—			—			—			—			1			—			3			—			4

Total	$	(47	)	$	(82	)	$	(39	)	$	(18	)	$	(186	)	$	(47	)	$	(82	)	$	(39	)	$	(18	)	$	(186	)

⁽¹⁾	We do not have any 2009 or 2008 vintage mortgage-backed and asset-backed securities collateralized by Alt-A residential mortgage loans.

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


	March 31, 2009
	Fair Value		% of Total
Priced via industry standard pricing methodologies	$	405	98	%
Priced via broker indicative market prices		—	—
Priced via internally developed models		9	2

Total Alt-A investments	$	414	100	%

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Additional Information on Commercial Mortgage-backed Securities⁽¹⁾

(amounts in millions)

Fair Value by Vintage as of March 31, 2009:


	Original Rating										Current Rating
S&P Equivalent Rating	2004 and Prior		2005		2006		2007		Total⁽²⁾		2004 and Prior		2005		2006		2007		Total⁽²⁾
AAA	$	1,820	$	351	$	397	$	335	$	2,903	$	1,834	$	343	$	421	$	279	$	2,877
AA		61		23		166		71		321		48		67		137		78		330
A		71		54		76		55		256		65		24		89		56		234
BBB		41		13		39		14		107		70		11		29		54		164
BB		32		—		—		—		32		37		6		12		4		59
B		17		—		—		—		17		9		—		4		4		17
CCC and lower		25		10		14		—		49		4		—		—		—		4

Total	$	2,067	$	451	$	692	$	475	$	3,685	$	2,067	$	451	$	692	$	475	$	3,685

Fair Value by Vintage as of December 31, 2008:


	Original Rating										Current Rating
S&P Equivalent Rating	2004 and Prior		2005		2006		2007		Total⁽²⁾		2004 and Prior		2005		2006		2007		Total⁽²⁾
AAA	$	1,796	$	355	$	412	$	341	$	2,904	$	1,813	$	398	$	442	$	312	$	2,965
AA		56		56		161		68		341		73		63		136		68		340
A		73		73		67		64		277		65		29		74		92		260
BBB		51		21		48		15		135		59		24		49		16		148
BB		33		—		—		—		33		33		1		1		—		35
B		18		—		—		—		18		8		—		—		—		8
CCC and lower		26		10		14		—		50		2		—		—		—		2

Total	$	2,053	$	515	$	702	$	488	$	3,758	$	2,053	$	515	$	702	$	488	$	3,758

Net Unrealized Losses by Vintage as of March 31, 2009:


	Original Rating															Current Rating
S&P Equivalent Rating	2004 and Prior			2005			2006			2007			Total⁽²⁾			2004 and Prior			2005			2006			2007			Total⁽²⁾
AAA	$	(155	)	$	(76	)	$	(145	)	$	(210	)	$	(586	)	$	(153	)	$	(62	)	$	(159	)	$	(151	)	$	(525	)
AA		(52	)		(51	)		(147	)		(90	)		(340	)		(45	)		(65	)		(133	)		(101	)		(344	)
A		(41	)		(53	)		(85	)		(112	)		(291	)		(38	)		(46	)		(84	)		(107	)		(275	)
BBB		(31	)		(24	)		(52	)		(37	)		(144	)		(54	)		(26	)		(37	)		(68	)		(185	)
BB		(23	)		—			—			—			(23	)		(13	)		(6	)		(23	)		(10	)		(52	)
B		(6	)		—			—			—			(6	)		(6	)		—			(3	)		(12	)		(21	)
CCC and lower		(1	)		(1	)		(10	)		—			(12	)		—			—			—			—			—

Total	$	(309	)	$	(205	)	$	(439	)	$	(449	)	$	(1,402	)	$	(309	)	$	(205	)	$	(439	)	$	(449	)	$	(1,402	)

⁽¹⁾	Includes small balance commercial mortgage-backed securities.

⁽²⁾	We do not have any 2009 or 2008 vintage commercial mortgage-backed securities.

As of March 31, 2009, 40% of our commercial mortgage-backed securities related to loans with fixed interest rates and 60% related to loans with floating interest rates. The average original loan-to-value ratio for commercial mortgage-backed securities included in our fixed maturity securities portfolio was 63%. The following table sets forth the fair value of these investments by pricing source as of the date indicated:


	March 31, 2009
	Fair Value		% of Total
Priced via industry standard pricing methodologies	$	3,283	89	%
Priced via indicative market prices		96	3
Priced via internally developed models		306	8

Total commercial mortgage-backed securities	$	3,685	100	%

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Commercial Mortgage Loans Summary (amounts in millions)


	March 31, 2009					December 31, 2008					September 30, 2008					June 30, 2008					March 31, 2008
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	$	2,093		26	%	$	2,137		26	%	$	2,192		26	%	$	2,247		27	%	$	2,323		27	%
South Atlantic		1,901		24			1,958		24			1,984		23			1,990		23			2,023		23
Middle Atlantic		1,049		13			1,083		13			1,090		13			1,109		13			1,155		13
East North Central		779		10			791		10			810		10			826		10			857		10
Mountain		697		9			746		9			775		9			783		9			790		9
West South Central		348		4			357		4			378		5			386		4			398		4
West North Central		411		5			434		5			437		5			451		5			467		5
East South Central		247		3			252		3			261		3			267		3			294		3
New England		520		6			520		6			533		6			526		6			528		6

Subtotal		8,045		100	%		8,278		100	%		8,460		100	%		8,585		100	%		8,835		100	%

Allowance for losses		(29	)				(23	)				(21	)				(20	)				(21	)
Unamortized fees and costs		7					7					8					8					8

Total	$	8,023				$	8,262				$	8,447				$	8,573				$	8,822

*Property Type*
Office	$	2,125		26	%	$	2,182		26	%	$	2,233		26	%	$	2,271		26	%	$	2,371		27	%
Industrial		2,099		26			2,143		26			2,178		26			2,220		26			2,292		26
Retail		2,320		29			2,393		29			2,420		29			2,446		28			2,476		27
Apartments		881		11			902		11			1,629		19			988		12			1,031		12
Mixed use/other		620		8			658		8			—		—			660		8			665		8

Subtotal		8,045		100	%		8,278		100	%		8,460		100	%		8,585		100	%		8,835		100	%

Allowance for losses		(29	)				(23	)				(21	)				(20	)				(21	)
Unamortized fees and costs		7					7					8					8					8

Total	$	8,023				$	8,262				$	8,447				$	8,573				$	8,822


	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	$	3,314		41	%	$	3,399		41	%	$	3,463		41	%	$	3,511		42	%	$	3,631		41	%
$5 million but less than $10 million		1,853		23			1,946		24			1,966		23			2,011		23			2,080		24
$10 million but less than $20 million		1,481		19			1,513		18			1,616		19			1,645		19			1,630		18
$20 million but less than $30 million		337		4			358		4			360		4			362		4			431		5
$30 million and over		1,049		13			1,050		13			1,054		13			1,055		12			1,055		12

Subtotal		8,034		100	%		8,266		100	%		8,459		100	%		8,584		100	%		8,827		100	%

Net premium/discount		11					12					1					1					8

Total	$	8,045				$	8,278				$	8,460				$	8,585				$	8,835


	March 31, 2009					December 31, 2008					September 30, 2008					June 30, 2008					March 31, 2008
*Allowance for Losses on Commercial Mortgage Loans*
Beginning balance	$	23				$	21				$	20				$	21				$	26
Provisions		6					2					1					—					—
Releases		—					—					—					(1	)				(5	)

Ending balance	$	29				$	23				$	21				$	20				$	21

Commercial Mortgage Loan Information by Vintage (loan amounts in millions)

As of March 31, 2009


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	$	2,885	$	—	1,127	—	$	3	$	—	44	%
2005		1,677		—	326	—	$	5	$	—	56	%
2006		1,583		8	298	1	$	5	$	8	61	%
2007		1,565		1	205	1	$	8	$	1	70	%
2008		300		—	61	—	$	5	$	—	68	%
2009		24		—	223	—	$	—	$	—	56	%

Total	$	8,034	$	9	2,240	2	$	4	$	5	56	%

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

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

General Account GAAP Net Investment Income Yields

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
GAAP Net Investment Income
Fixed maturity securities—taxable	$	623		$	684		$	715		$	715		$	764		$	2,878
Fixed maturity securities—non-taxable		30			29			29			26			25			109
Commercial mortgage loans		114			121			123			136			143			523
Equity securities		3			4			5			10			10			29
Other invested assets		8			8			20			22			18			68
Limited partnerships⁽¹⁾		(107	)		(35	)		(31	)		(10	)		6			(70	)
Policy loans		44			40			43			40			39			162
Cash, cash equivalents and short-term investments		17			30			36			41			25			132

Gross investment income before expenses and fees		732			881			940			980			1,030			3,831
Expenses and fees		(21	)		(24	)		(22	)		(27	)		(28	)		(101	)

Net investment income	$	711		$	857		$	918		$	953		$	1,002		$	3,730

Annualized Yields
Fixed maturity securities—taxable		5.4	%		5.6	%		5.5	%		5.4	%		5.7	%		5.6	%
Fixed maturity securities—non-taxable		4.6	%		4.5	%		4.7	%		4.5	%		4.6	%		4.6	%
Commercial mortgage loans		5.6	%		5.8	%		5.8	%		6.2	%		6.4	%		6.1	%
Equity securities		4.6	%		4.9	%		5.0	%		10.3	%		11.2	%		8.2	%
Other invested assets		1.8	%		2.2	%		10.9	%		11.7	%		10.9	%		7.1	%
Limited partnerships⁽¹⁾		-62.1	%		-19.5	%		-17.7	%		-5.9	%		3.3	%		-10.3	%
Policy loans		9.6	%		9.0	%		9.4	%		9.2	%		9.4	%		9.2	%
Cash, cash equivalents and short-term investments		0.8	%		1.7	%		2.6	%		3.3	%		2.9	%		2.5	%

Gross investment income before expenses and fees		4.2	%		4.9	%		5.2	%		5.4	%		5.8	%		5.3	%
Expenses and fees		-0.1	%		-0.1	%		-0.1	%		-0.1	%		-0.2	%		-0.1	%

Net investment income		4.1	%		4.8	%		5.1	%		5.3	%		5.6	%		5.2	%

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

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

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

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

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Net Investment Gains (Losses), Net of Taxes and Other Adjustments
Net realized gains (losses) on available-for-sale securities:
Fixed maturity securities:
U.S. corporate	$	(28	)	$	(5	)	$	(78	)	$	(6	)	$	(1	)	$	(90	)
U.S. government, agencies and government sponsored entities		—			—			5			6			—			11
Foreign corporate		(1	)		(3	)		(4	)		8			—			1
Foreign government		2			9			7			7			2			25
Tax exempt		1			—			—			3			—			3
Mortgage-backed securities (MBS)		4			(6	)		2			—			—			(4	)
Asset-backed securities (ABS)		—			(4	)		—			(1	)		—			(5	)
Equity securities		—			(1	)		(18	)		—			1			(18	)
FX		—			1			—			—			—			1

Total net realized gains (losses) on available-for-sale securities		(22	)		(9	)		(86	)		17			2			(76	)

Impairments:
Sub-prime residential mortgage-backed securities:
AA		(11	)		(3	)		—			—			(2	)		(5	)
A		(1	)		(2	)		(3	)		(8	)		(3	)		(16	)
BBB		(3	)		(18	)		(2	)		(4	)		(8	)		(32	)
Below BBB		(33	)		(99	)		(44	)		(40	)		(15	)		(198	)
Alt-A residential mortgage-backed securities:
AAA		—			—			(5	)		—			—			(5	)
AA		(6	)		(16	)		(5	)		(4	)		—			(25	)
A		(18	)		(27	)		(7	)		(16	)		(20	)		(70	)
BBB		(1	)		(16	)		(12	)		(5	)		(10	)		(43	)
Below BBB		(58	)		(38	)		(26	)		(35	)		(17	)		(116	)

Total sub-prime and Alt-A residential mortgage-backed securities		(131	)		(219	)		(104	)		(112	)		(75	)		(510	)

Prime residential mortgage-backed securities:
AA		(12	)		—			—			—			—			—
A		(8	)		(32	)		(2	)		(5	)		(5	)		(44	)
BBB		(3	)		(13	)		(1	)		(3	)		(1	)		(18	)
Below BBB		(1	)		(26	)		(4	)		—			—			(30	)
Change in intent:
Alt-A		—			—			(30	)		(55	)		—			(85	)
Sub-prime		—			—			(19	)		(159	)		—			(178	)
Prime		—			—			(4	)		(1	)		—			(5	)
Automobile		—			—			(2	)		—			—			(2	)
Other mortgage-backed securities		—			(1	)		—			—			(1	)		(2	)
Other asset-backed securities		(9	)		(2	)		(2	)		—			—			(4	)
Commercial mortgage-backed securities (CMBS):
A		(9	)		—			—			—			(3	)		(3	)
BBB		—			(1	)		(2	)		—			(1	)		(4	)
Below BBB		(10	)		(4	)		(4	)		(1	)		(3	)		(12	)
Corporate fixed maturity securities		(37	)		(206	)		(131	)		(20	)		(32	)		(389	)
Financial hybrid securities		(155	)		—			(14	)		—			—			(14	)
Foreign government fixed maturity securities		—			(13	)		—			—			—			(13	)
Limited partnerships		—			—			(1	)		—			—			(1	)
Equity securities		(13	)		(11	)		(56	)		(3	)		—			(70	)
Commercial mortgage loans		—			(1	)		—			—			—			(1	)

Total impairments		(388	)		(529	)		(376	)		(359	)		(121	)		(1,385	)

Net unrealized gains (losses) on trading securities		(8	)		(18	)		(6	)		1			(5	)		(28	)
Derivative instruments		(79	)		473			(60	)		6			(22	)		397
Bank loans		—			(13	)		(3	)		—			(2	)		(18	)
Commercial mortgage loans held-for-sale market valuation allowance		(4	)		(1	)		—			(1	)		1			(1	)

Net investment gains (losses), net of taxes		(501	)		(97	)		(531	)		(336	)		(147	)		(1,111	)

DAC and other intangible amortization related to net investment gains (losses)		18			8			53			15			19			95

Net investment gains (losses), net of taxes and other adjustments	$	(483	)	$	(89	)	$	(478	)	$	(321	)	$	(128	)	$	(1,016	)

Reconciliations of Non-Gaap Measures

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Reconciliation of Operating ROE

(amounts in millions)


Twelve Month Rolling Average ROE	Twelve months ended
GAAP Basis ROE	March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Net income (loss) for the twelve months ended⁽¹⁾	$	(1,157	)	$	(572	)	$	(73	)	$	524		$	1,012
Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	12,242		$	12,486		$	12,613		$	12,633		$	12,549
GAAP Basis ROE⁽¹⁾ divided by⁽²⁾		-9.5	%		-4.6	%		-0.6	%		4.1	%		8.1	%

Operating ROE
Net operating income for the twelve months ended⁽¹⁾	$	239		$	469		$	990		$	1,138		$	1,277
Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	12,242		$	12,486		$	12,613		$	12,633		$	12,549
Operating ROE⁽¹⁾divided by⁽²⁾		2.0	%		3.8	%		7.8	%		9.0	%		10.2	%
⁽¹⁾ The twelve months ended information is derived by adding the four quarters of net income (loss) and net operating income (loss) 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.


Quarterly Average ROE	Three months ended
GAAP Basis ROE	March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Net income (loss) for the period ended⁽³⁾	$	(469	)	$	(321	)	$	(258	)	$	(109	)	$	116
Average stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	11,758		$	12,153		$	12,467		$	12,688		$	12,756
Annualized GAAP Quarterly Basis ROE⁽³⁾ divided by⁽⁴⁾		-16.0	%		-10.6	%		-8.3	%		-3.4	%		3.6	%

Operating ROE
Net operating income (loss) for the period ended⁽³⁾	$	14		$	(207	)	$	220		$	212		$	244
Average stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	11,758		$	12,153		$	12,467		$	12,688		$	12,756
Annualized Operating Quarterly Basis ROE⁽³⁾ divided by⁽⁴⁾		0.5	%		-6.8	%		7.1	%		6.7	%		7.7	%

Non-GAAP Definition for Operating ROE

The company references the non-GAAP financial measure entitled “operating return on equity” or “operating ROE.” The company defines operating ROE as net operating income (loss) divided by average ending 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 (loss) divided by average ending stockholders’ equity.

⁽³⁾	Net income (loss) and net operating income (loss) from page 8 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).

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Reconciliation of Expense Ratio

(amounts in millions)


	2009			2008
GAAP Basis Expense Ratio	Q1			Q4			Q3			Q2			Q1			Total
Acquisition and operating expenses, net of deferrals⁽¹⁾	$	441		$	566		$	515		$	551		$	528		$	2,160
Total revenues⁽²⁾	$	1,734		$	2,629		$	2,168		$	2,398		$	2,753		$	9,948

Expense ratio⁽¹⁾divided by⁽²⁾		25.4	%		21.5	%		23.8	%		23.0	%		19.2	%		21.7	%


GAAP Basis, As Adjusted—Expense Ratio
Acquisition and operating expenses, net of deferrals	$	441		$	566		$	515		$	551		$	528		$	2,160
Less wealth management business		52			59			67			67			67			260
Less lifestyle protection business^(a)		153			191			200			216			200			807
Less expenses related to reorganization^(b)		—			31			—			—			—			31

Adjusted acquisition and operating expenses, net of deferrals⁽³⁾	$	236		$	285		$	248		$	268		$	261		$	1,062

Total revenues	$	1,734		$	2,629		$	2,168		$	2,398		$	2,753		$	9,948
Less wealth management business		63			71			86			86			87			330
Less lifestyle protection business		305			338			370			431			418			1,557
Less net investment gains (losses)		(756	)		(143	)		(789	)		(518	)		(226	)		(1,676	)

Adjusted total revenues⁽⁴⁾	$	2,122		$	2,363		$	2,501		$	2,399		$	2,474		$	9,737

Adjusted expense ratio⁽³⁾ divided by ⁽⁴⁾		11.1	%		12.1	%		9.9	%		11.2	%		10.5	%		10.9	%

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 lifestyle protection businesses. The wealth management and lifestyle protection 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 of $7 million associated with our reorganization announced in the fourth quarter 2008.

^(b)	Includes severance and other employee related expenses associated with our reorganization announced in the fourth quarter of 2008.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Reconciliation of Core Premiums

(amounts in millions)


	2009			2008
	Q1			Q4			Q3			Q2			Q1			Total
Reported premiums	$	1,502		$	1,616		$	1,735		$	1,709		$	1,717		$	6,777
Less retirement income—spread-based premiums		47			105			181			111			167			564
Less impact of changes in foreign exchange rates		(120	)		(103	)		16			60			65			38

Core premiums	$	1,575		$	1,614		$	1,538		$	1,538		$	1,485		$	6,175

Reported premium percentage change from prior year		-12.5	%		-3.2	%		8.4	%		10.3	%		13.6	%		7.1	%
Core premium percentage change from prior year		6.1	%		5.1	%		3.8	%		10.0	%		9.4	%		7.0	%

Non-GAAP Definition for Core Premiums

The company references the non-GAAP financial measure entitled “core premiums” as a measure of premium growth. The company defines core premiums as earned premiums less premiums from our retirement income—spread-based business and the impact of changes in foreign exchange rates. The retirement income—spread-based premiums are excluded in this measure primarily because these are single premiums and are not an indication of future premiums. The impact of changes in foreign exchange rates are excluded in this measure to present periods on a comparable exchange rate. Management believes that analysis of core premiums enhances understanding of premium growth of the company. However, core premiums as defined by the company should not be viewed as a substitute for GAAP earned premiums.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Reconciliation of Core Yield


	(Assets—amounts in billions)	2009			2008
		Q1			Q4			Q3			Q2			Q1			Total
	Reported—Total Invested Assets and Cash	$	64.5		$	67.9		$	69.3		$	73.1		$	73.3		$	67.9

	Subtract:
	Securities lending		1.1			1.5			1.7			1.8			2.4			1.5
	Unrealized gains (losses)		(7.0	)		(6.3	)		(4.4	)		(2.3	)		(1.6	)		(6.3	)
	Derivative counterparty collateral		1.2			1.6			0.6			0.5			0.7			1.6

	Adjusted end of period invested assets	$	69.2		$	71.1		$	71.4		$	73.1		$	71.8		$	71.1

(A)	Average Invested Assets used in Reported and Core Yield Calculation	$	70.2		$	71.3		$	72.3		$	72.5		$	71.6		$	71.8
	Subtract: portfolios supporting floating products		11.6			12.6			13.6			14.1			14.1			13.5

(B)	Average Invested Assets used in Core Yield (excl. Floating) Calculation	$	58.6		$	58.7		$	58.7		$	58.4		$	57.5		$	58.3

	(Income—amounts in millions)

(C)	Reported—Net Investment Income	$	711		$	857		$	918		$	953		$	1,002		$	3,730

	Subtract:
	Bond calls and commercial mortgage loan prepayments		11			5			3			13			12			33
	Reinsurance⁽¹⁾		8			11			16			19			15			61
	Other non-core items⁽²⁾		4			(5	)		5			2			(1	)		1

(D)	Core Net Investment Income		688			846			894			919			976			3,635
	Subtract: investment income from portfolios supporting floating products		23			87			111			121			164			483

(E)	Core Net Investment Income (excl. Floating)	$	665		$	759		$	783		$	798		$	812		$	3,152

(C)/(A)	Reported Yield		4.05	%		4.81	%		5.08	%		5.26	%		5.60	%		5.19	%
(D)/(A)	Core Yield		3.92	%		4.75	%		4.95	%		5.07	%		5.45	%		5.06	%
(E)/(B)	Core Yield (excl. Floating)		4.54	%		5.18	%		5.34	%		5.47	%		5.65	%		5.41	%


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 lifestyle protection business.

⁽²⁾	Includes mark-to-mark adjustment on assets supporting executive deferred compensation and various other immaterial items.

Corporate Information

GENWORTH FINANCIAL, INC.

1Q 2009 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	A	A2	A-
Genworth Life Insurance Company (short-term rating)	Not rated	A-1	P-1	Not rated
Genworth Life and Annuity Insurance Company	A	A	A2	A-
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	A	A2	A-
Continental Life Insurance Company of Brentwood, Tennessee	A-	Not rated	Not rated	A-
American Continental Insurance Company	A-	Not rated	Not rated	Not rated

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

Company		S&P	Moody’s
Genworth Mortgage Insurance Corporation		BBB+	Baa2
Genworth Financial Mortgage Insurance Pty. Limited (Australia)		AA-	A1
Genworth Financial Mortgage Insurance Limited (Europe)		BBB+	Baa2
Genworth Residential Mortgage Insurance Corporation of NC		BBB+	Baa2
Genworth Financial Mortgage Insurance Company Canada⁽¹⁾		AA	Not rated
Genworth Seguros de Credito a la Vivienda S.A. de C.V.		mxAAA	Aa3.mx

Our principal lifestyle protection insurance subsidiaries are rated by S&P as follows:

Company		S&P
Financial Assurance Company Limited		A-
Financial Insurance Company Limited		A-

⁽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.

GENWORTH FINANCIAL, INC.

1Q 2009 FINANCIAL SUPPLEMENT

Industry Ratings—(Continued)

A.M. Best states that its “A” (Excellent) and “A-” (Excellent) ratings are assigned to companies that have, in its opinion, an excellent ability to meet their ongoing insurance obligations. The “A” (Excellent) and “A-” (Excellent) ratings are the 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. An insurer rated “A” (Strong) has strong financial security characteristics and an insurer rated “BBB” (Good) has good financial security characteristics. The “AA”, “A” and “BBB” ranges are the second-, third- and fourth-highest of nine financial strength rating ranges assigned by S&P, which range from “AAA” to “R.” A plus (+) or minus (-) shows relative standing in a rating category. These suffixes are not added to ratings in the “AAA” category or to ratings below the “CCC” category. Accordingly, the “AA,” “AA-,” “A,” “A-” and “BBB+” ratings are the third-, fourth-, sixth-, seventh- and eighth-highest of S&P’s 21 ratings categories. The short-term “A-1” rating is the highest rating and shows the capacity to meet financial commitments is strong. An obligor rated “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.

Moody’s states that insurance companies rated “A” (Good) offer good financial security and those rated “Baa” (Adequate) offer adequate financial security. The “A” (Good) and “Baa” (Adequate) ranges are the third- and fourth-highest, respectively, of nine financial strength rating ranges assigned by Moody’s, which range from “Aaa” to “C.” Numeric modifiers are used to refer to the ranking within the groups, with 1 being the highest and 3 being the lowest. These modifiers are not added to ratings in the “Aaa” category or to ratings below the “Caa” category. Accordingly, the “A1,” “A2” and “Baa2” ratings are the fifth-, sixth- and ninth-highest, respectively, 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 “Aa.mx” demonstrate very strong creditworthiness relative to other issuers in Mexico.

Fitch states that “A” (Strong) rated insurance companies are viewed as possessing strong capacity to meet policyholder and contract obligations. The “A” rating category is the third-highest of 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 “A-” rating is the seventh-highest of Fitch’s 21 ratings categories.

DBRS states that long-term obligations rated “AA” are of superior credit quality. Given the 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