Exhibit 99.2

Exhibit 99.2

LOGO

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012


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		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*
Net Operating Income and Sales—Insurance and Wealth Management Division		17-31
Net Operating Income (Loss) and Sales—Global Mortgage Insurance Division		33-57
Net Operating Loss and Sales—Corporate and Runoff Division		59-65

*Additional Financial Data*
Investments Summary		67
Fixed Maturity Securities Summary		68
Commercial Mortgage Loans Summary		69-70
General Account GAAP Net Investment Income Yields		71
Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail		72

*Reconciliations of Non-GAAP Measures*
Reconciliation of Operating Return On Equity (ROE)		74
Reconciliation of Expense Ratio		75
Reconciliation of Core Premiums		76
Reconciliation of Core Yield		77

*Corporate Information*
Industry Ratings		79-80

Note:

Unless otherwise noted, references in this financial supplement to net income (loss), net income (loss) per share, net operating income (loss), net operating income (loss) per share, book value and book value per common share should be read as net income (loss) available to Genworth Financial, Inc.’s common stockholders, net income (loss) available to Genworth Financial, Inc.’s common stockholders per share, net operating income (loss) available to Genworth Financial, Inc.’s common stockholders, net operating income (loss) available to Genworth Financial, Inc.’s common stockholders per share, book value available to Genworth Financial, Inc.’s common stockholders and book value available to Genworth Financial, Inc.’s common stockholders per share, respectively.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Dear Investor,

On January 1, 2012, Genworth adopted new accounting guidance issued by the Financial Accounting Standards Board related to accounting for costs associated with acquiring or renewing insurance contracts. Additionally, on January 1, 2012, Genworth changed its treatment of the liability for future policy benefits for level premium term life insurance products when the liability for a policy falls below zero. All prior periods in this financial supplement have been re-presented to reflect the retrospective impacts of these accounting changes. Genworth elected to implement these accounting changes on a retrospective basis as it believes this provides the most comparable and useful information and is more consistent with the information that management uses to evaluate the business.

The company also changed its presentation for life insurance sales to a premium equivalent basis on page 21 and provided supplemental analysis related to the lifestyle protection insurance business on pages 28 and 29.

Once again, thank you for your continued interest in Genworth Financial.

Please feel free to call with any questions or comments.

Regards,

Georgette Nicholas

Investor Relations

804 662.2248

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Use of Non-GAAP Measures

This financial supplement includes the non-GAAP⁽¹⁾ financial measure entitled “net operating income (loss).” The chief operating decision maker evaluates segment performance and allocates resources on the basis of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders. The company defines net operating income (loss) available to Genworth Financial, Inc.’s common stockholders as income (loss) from continuing operations excluding net income attributable to noncontrolling interests, after-tax net investment gains (losses) and other adjustments and infrequent or unusual non-operating items. The company excludes net investment gains (losses) and infrequent or unusual non-operating items because the company does not consider them to be related to the operating performance of the company’s segments and Corporate and Other activities. A component of the company’s net investment gains (losses) is the result of impairments, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to the company’s discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Infrequent or unusual non-operating items are also excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders if, in the company’s opinion, they are not indicative of overall operating trends. While some of these items may be significant components of net income (loss) available to Genworth Financial, Inc.’s common stockholders in accordance with GAAP, the company believes that net operating income (loss) available to Genworth Financial, Inc.’s common stockholders and measures that are derived from or incorporate net operating income (loss) available to Genworth Financial, Inc.’s common stockholders, including net operating income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the business. However, net operating income (loss) available to Genworth Financial, Inc.’s common stockholders and net operating income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis are not substitutes for net income (loss) available to Genworth Financial, Inc.’s common stockholders or net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share on a basic and diluted basis determined in accordance with GAAP. In addition, the company’s definition of net operating income (loss) available to Genworth Financial, Inc.’s common stockholders may differ from the definitions used by other companies. There were no infrequent or unusual non-operating items excluded from net operating income (loss) available to Genworth Financial, Inc.’s common stockholders during the periods presented other than a $36 million after-tax gain related to the sale of the Medicare supplement insurance business recorded in the fourth quarter of 2011. The table on page 8 of this financial supplement reflects net operating income (loss) as determined in accordance with accounting guidance related to segment reporting, and a reconciliation of net operating income (loss) of the company’s segments and Corporate and Other activities to net income (loss) available to Genworth Financial, Inc.’s common stockholders for the three months ended March 31, 2012 and 2011. The financial supplement includes other non-GAAP measures management believes enhances the understanding and comparability of performance by highlighting underlying business activity and profitability drivers. These additional non-GAAP measures are on pages 74 through 77 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 sales metrics as a measure of volume of new and renewal business generated in a period. Sales refer to: (1) annualized first-year premiums for term life and long-term care insurance; (2) annualized first-year deposits plus 5% of excess deposits for universal and term universal life insurance products; (3) 10% of premium deposits for linked-benefits products; (4) new and additional premiums/deposits for fixed annuities; (5) gross flows and net flows, which represent gross flows less redemptions, for the wealth management business; (6) written premiums and deposits, gross of ceded reinsurance and cancellations, and premium equivalents, where the company earns a fee for administrative services only business, for the lifestyle protection insurance business; and (7) new insurance written for mortgage insurance. Sales do not include renewal premiums on policies or contracts written during prior periods. The company considers annualized first-year premiums, premium equivalents, new premiums/deposits, gross and net flows, written premiums and new insurance written to be a measure of the company’s operating performance because they represent a measure of new sales of insurance policies or contracts during a specified period, rather than a measure of the company’s revenues or profitability during that period.

Management regularly monitors and reports assets under management for the wealth management business, insurance in-force and risk in-force. Assets under management for the wealth management business represent third-party assets under management that are not consolidated in the company’s financial statements. Insurance in-force for the life, international mortgage and U.S. mortgage insurance businesses is a measure of the aggregate face value of outstanding insurance policies as of the respective reporting date. For the risk in-force in the international mortgage insurance business, the company has computed an “effective” risk in-force amount, which recognizes that the loss on any particular loan will be reduced by the net proceeds received upon sale of the property. Effective risk in-force has been calculated by applying to insurance in-force a factor of 35% that represents the highest expected average per-claim payment for any one underwriting year over the life of the company’s businesses in Canada and Australia. Risk in-force for the U.S. mortgage insurance business is the obligation that is limited under contractual terms to the amounts less than 100% of the mortgage loan value. The company considers assets under management for the wealth management business, insurance in-force and risk in-force to be a measure of the company’s operating performance because they represent a measure of the size of the business at a specific date which will generate revenues and profits in a future period, rather than a measure of the company’s revenues or profitability during that period.

This financial supplement also includes information related to loss mitigation activities for the U.S. mortgage insurance business. The company defines loss mitigation activities as rescissions, cancellations, borrower loan modifications, repayment plans, lender- and borrower-titled presales, claims administration and other loan workouts. Estimated savings related to rescissions are the reduction in carried loss reserves, net of premium refunds and reinstatement of prior rescissions. Estimated savings related to loan modifications and other cure related loss mitigation actions represent the reduction in carried loss reserves. For non-cure related actions, including presales, the estimated savings represent the difference between the full claim obligation and the actual amount paid. The company believes that this information helps to enhance the understanding of the operating performance of the U.S. mortgage insurance business as loss mitigation activities specifically impact current and future loss reserves and level of claim payments.

These operating measures enable the company to compare its operating performance across periods without regard to revenues or profitability related to policies or contracts sold in prior periods or from investments or other sources.

⁽¹⁾	U.S. Generally Accepted Accounting Principles

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Financial Highlights

(amounts in millions, except per share data)


Balance Sheet Data	March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011		March 31, 2011
Total Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income	$	11,082	$	11,021	$	10,872	$	10,881	$	11,008
Total accumulated other comprehensive income		3,656		4,047		3,898		2,082		1,635

Total Genworth Financial, Inc.’s stockholders’ equity	$	14,738	$	15,068	$	14,770	$	12,963	$	12,643


Book value per common share	$	29.99	$	30.69	$	30.09	$	26.42	$	25.78
Book value per common share, excluding accumulated other comprehensive income	$	22.55	$	22.45	$	22.15	$	22.17	$	22.44
Common shares outstanding as of the balance sheet date		491.5		490.9		490.9		490.7		490.5

	Twelve months ended
Twelve Month Rolling Average ROE	March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011		March 31, 2011
GAAP Basis ROE		0.3%		0.4%		-2.8%		-1.9%		-0.5%
Operating ROE⁽¹⁾		0.8%		1.2%		-1.4%		-1.8%		0.1%

	Three months ended
Quarterly Average ROE	March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011		March 31, 2011
GAAP Basis ROE		1.7%		5.2%		-0.6%		-5.0%		2.2%
Operating ROE⁽¹⁾		1.1%		3.8%		2.3%		-4.1%		2.7%


Basic and Diluted Shares	Three months ended March 31, 2012
Weighted-average shares used in basic earnings per common share calculations		491.2
Potentially dilutive securities:
Stock options, restricted stock units and stock appreciation rights		4.5

Weighted-average shares used in diluted earnings per common share calculations		495.7

⁽¹⁾	See page 74 herein for a reconciliation of GAAP Basis ROE to Operating ROE.

First Quarter Results

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Income

(amounts in millions)


	Three months ended March 31,
	2012			2011
REVENUES:
Premiums	$	1,107		$	1,437
Net investment income		832			830
Net investment gains (losses)		35			(28	)
Insurance and investment product fees and other		452			329

Total revenues		2,426			2,568

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,232			1,413
Interest credited		195			201
Acquisition and operating expenses, net of deferrals		530			563
Amortization of deferred acquisition costs and intangibles		272			151
Interest expense		95			127

Total benefits and expenses		2,324			2,455

INCOME BEFORE INCOME TAXES		102			113
Provision for income taxes		22			20
Effective tax rate		21.6	%		17.7	%

NET INCOME		80			93
Less: net income attributable to noncontrolling interests		33			34

NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	$	47		$	59

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income (Loss) by Segment

(amounts in millions, except per share amounts)


	Three months ended March 31,
	2012			2011
Insurance and Wealth Management Division
U.S. Life Insurance segment:
Life Insurance	$	6		$	42
Long-Term Care		35			36
Fixed Annuities		23			14

Total U.S. Life Insurance segment		64			92
International Protection segment		5			25
Wealth Management segment		12			10

Total Insurance and Wealth Management Division		81			127

Global Mortgage Insurance Division⁽¹⁾
International Mortgage Insurance segment:
Canada		37			51
Australia		(21	)		52
Other Countries		(9	)		(4	)

Total International Mortgage Insurance segment		7			99
U.S. Mortgage Insurance segment		(43	)		(83	)

Total Global Mortgage Insurance Division⁽¹⁾		(36	)		16

Corporate and Runoff Division
Runoff segment		35			1
Corporate and Other		(49	)		(69	)

Total Corporate and Runoff Division		(14	)		(68	)

NET OPERATING INCOME		31			75

ADJUSTMENT TO NET OPERATING INCOME:
Net investment gains (losses), net of taxes and other adjustments⁽²⁾		16			(16	)

NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		47			59
Add: net income attributable to noncontrolling interests		33			34

NET INCOME	$	80		$	93

Earnings Per Share Data:

Net income available to Genworth Financial, Inc.’s common stockholders per common share
Basic	$	0.09		$	0.12
Diluted	$	0.09		$	0.12

Net operating income per common share
Basic	$	0.06		$	0.15
Diluted	$	0.06		$	0.15

Weighted-average shares outstanding
Basic		491.2			490.1
Diluted		495.7			494.4

⁽¹⁾	Global Mortgage Insurance Division was formerly referred to as the Mortgage Insurance Division.

⁽²⁾	See page 72 for details on net investment gains (losses), net of taxes and other adjustments.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Consolidated Net Income (Loss) by Quarter

(amounts in millions, except per share amounts)


	2012		2011
	1Q		4Q		3Q			2Q			1Q			Total
REVENUES:
Premiums	$	1,107	$	1,352	$	1,461		$	1,455		$	1,437		$	5,705
Net investment income		832		827		842			881			830			3,380
Net investment gains (losses)		35		5		(157	)		(40	)		(28	)		(220	)
Insurance and investment product fees and other		452		440		375			359			329			1,503

Total revenues		2,426		2,624		2,521			2,655			2,568			10,368

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,232		1,392		1,457			1,679			1,413			5,941
Interest credited		195		195		194			204			201			794
Acquisition and operating expenses, net of deferrals		530		569		581			581			563			2,294
Amortization of deferred acquisition costs and intangibles		272		133		152			162			151			598
Goodwill impairment		—		29		—			—			—			29
Interest expense		95		121		124			134			127			506

Total benefits and expenses		2,324		2,439		2,508			2,760			2,455			10,162

INCOME (LOSS) BEFORE INCOME TAXES		102		185		13			(105	)		113			206
Provision (benefit) for income taxes		22		10		(7	)		(5	)		20			18

NET INCOME (LOSS)		80		175		20			(100	)		93			188
Less: net income attributable to noncontrolling interests		33		33		36			36			34			139

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	$	47	$	142	$	(16	)	$	(136	)	$	59		$	49


Earnings (Loss) Per Share Data:

Net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share
Basic	$	0.09	$	0.29	$	(0.03	)	$	(0.28	)	$	0.12		$	0.10
Diluted	$	0.09	$	0.29	$	(0.03	)	$	(0.28	)	$	0.12		$	0.10

Weighted-average shares outstanding
Basic		491.2		490.9		490.8			490.6			490.1			490.6
Diluted		495.7		492.7		490.8			490.6			494.4			493.5

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income (Loss) by Segment by Quarter

(amounts in millions, except per share amounts)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Insurance and Wealth Management Division
U.S. Life Insurance segment:
Life Insurance	$	6		$	48		$	64		$	57		$	42		$	211
Long-Term Care		35			28			17			18			36			99
Fixed Annuities		23			18			21			25			14			78

Total U.S. Life Insurance segment		64			94			102			100			92			388
International Protection segment		5			19			22			25			25			91
Wealth Management segment		12			12			12			13			10			47

Total Insurance and Wealth Management Division		81			125			136			138			127			526

Global Mortgage Insurance Division
International Mortgage Insurance segment:
Canada		37			40			40			28			51			159
Australia		(21	)		54			36			54			52			196
Other Countries		(9	)		(11	)		(8	)		(4	)		(4	)		(27	)

Total International Mortgage Insurance segment		7			83			68			78			99			328
U.S. Mortgage Insurance segment		(43	)		(96	)		(79	)		(255	)		(83	)		(513	)

Total Global Mortgage Insurance Division		(36	)		(13	)		(11	)		(177	)		16			(185	)

Corporate and Runoff Division
Runoff segment		35			15			(7	)		18			1			27
Corporate and Other		(49	)		(22	)		(56	)		(92	)		(69	)		(239	)

Total Corporate and Runoff Division		(14	)		(7	)		(63	)		(74	)		(68	)		(212	)

NET OPERATING INCOME (LOSS)		31			105			62			(113	)		75			129

ADJUSTMENTS TO NET OPERATING INCOME (LOSS):
Net investment gains (losses), net of taxes and other adjustments		16			1			(78	)		(23	)		(16	)		(116	)
Gain on sale of business, net of taxes		—			36			—			—			—			36

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		47			142			(16	)		(136	)		59			49
Add: net income attributable to noncontrolling interests		33			33			36			36			34			139

NET INCOME (LOSS)	$	80		$	175		$	20		$	(100	)	$	93		$	188


Earnings (Loss) Per Share Data:

Net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share
Basic	$	0.09		$	0.29		$	(0.03	)	$	(0.28	)	$	0.12		$	0.10
Diluted	$	0.09		$	0.29		$	(0.03	)	$	(0.28	)	$	0.12		$	0.10

Net operating income (loss) per common share
Basic	$	0.06		$	0.21		$	0.13		$	(0.23	)	$	0.15		$	0.26
Diluted	$	0.06		$	0.21		$	0.13		$	(0.23	)	$	0.15		$	0.26

Weighted-average shares outstanding
Basic		491.2			490.9			490.8			490.6			490.1			490.6
Diluted⁽¹⁾		495.7			492.7			490.8			490.6			494.4			493.5

⁽¹⁾

Under applicable accounting guidance, companies in a loss position are required to use basic weighted-average common shares outstanding in the calculation of diluted loss per share. Therefore, as a result of the company’s net loss available to Genworth Financial, Inc.’s common stockholders for the three months ended September 30, 2011 and June 30, 2011, the inclusion of 1.7 million and 3.7 million, respectively, shares for stock options, restricted stock units and stock appreciation rights would have been antidilutive to the calculation. If the company had not incurred a net loss available to Genworth Financial, Inc.’s common stockholders for the three months ended September 30, 2011 and June 30, 2011, dilutive potential common shares would have been 492.5 million and 494.3 million, respectively. Since the company had net operating income for the three months ended September 30, 2011, the company used 492.5 million diluted weighted-average common shares outstanding in the calculation of diluted net operating income per common share.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Consolidated Balance Sheets

(amounts in millions)


	March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011		March 31, 2011
ASSETS
Investments:
Fixed maturity securities available-for-sale, at fair value	$	58,532	$	58,295	$	57,816	$	56,221	$	54,998
Equity securities available-for-sale, at fair value		434		361		354		374		355
Commercial mortgage loans		6,030		6,092		6,271		6,432		6,600
Restricted commercial mortgage loans related to securitization entities		392		411		430		457		485
Policy loans		1,555		1,549		1,556		1,542		1,480
Other invested assets		3,001		4,819		5,626		3,301		3,752
Restricted other invested assets related to securitization entities		384		377		377		379		376

Total investments		70,328		71,904		72,430		68,706		68,046
Cash and cash equivalents		4,187		4,488		3,648		2,831		3,742
Accrued investment income		759		691		725		693		794
Deferred acquisition costs		5,060		5,193		5,225		5,249		5,247
Intangible assets		573		580		629		695		716
Goodwill		1,256		1,253		1,326		1,333		1,331
Reinsurance recoverable		17,193		16,998		16,995		17,013		17,117
Other assets		981		958		1,002		988		883
Deferred tax asset		—		—		—		1,303		1,199
Separate account assets		10,646		10,122		9,794		11,452		11,807

Total assets	$	110,983	$	112,187	$	111,774	$	110,263	$	110,882

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Consolidated Balance Sheets

(amounts in millions)


	March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	32,380		$	32,175		$	31,948		$	31,375		$	31,064
Policyholder account balances		26,204			26,345			26,480			26,115			26,399
Liability for policy and contract claims		7,663			7,620			7,379			7,327			6,959
Unearned premiums		4,209			4,223			4,176			4,529			4,495
Other liabilities		5,308			6,308			6,755			5,637			6,189
Borrowings related to securitization entities		383			396			414			452			489
Non-recourse funding obligations		2,602			3,256			3,280			3,374			3,431
Long-term borrowings		5,095			4,726			4,708			4,755			5,347
Deferred tax liability		610			838			994			1,172			921
Separate account liabilities		10,646			10,122			9,794			11,452			11,807

Total liabilities		95,100			96,009			95,928			96,188			97,101

Stockholders’ equity:
Common stock		1			1			1			1			1
Additional paid-in capital		12,150			12,136			12,129			12,122			12,113

Accumulated other comprehensive income (loss):
Net unrealized investment gains (losses):
Net unrealized gains on securities not other-than-temporarily impaired		1,438			1,617			1,607			380			100
Net unrealized gains (losses) on other-than-temporarily impaired securities		(111	)		(132	)		(126	)		(116	)		(114	)

Net unrealized investment gains (losses)		1,327			1,485			1,481			264			(14	)

Derivatives qualifying as hedges		1,680			2,009			1,960			943			864
Foreign currency translation and other adjustments		649			553			457			875			785

Total accumulated other comprehensive income		3,656			4,047			3,898			2,082			1,635
Retained earnings		1,631			1,584			1,442			1,458			1,594
Treasury stock, at cost		(2,700	)		(2,700	)		(2,700	)		(2,700	)		(2,700	)

Total Genworth Financial, Inc.’s stockholders’ equity		14,738			15,068			14,770			12,963			12,643
Noncontrolling interests		1,145			1,110			1,076			1,112			1,138

Total stockholders’ equity		15,883			16,178			15,846			14,075			13,781

Total liabilities and stockholders’ equity	$	110,983		$	112,187		$	111,774		$	110,263		$	110,882

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Consolidated Balance Sheet by Segment

(amounts in millions)


	March 31, 2012
	U.S. Life Insurance		International Protection		Wealth Management		International Mortgage Insurance		U.S. Mortgage Insurance			Runoff			Corporate and Other⁽¹⁾			Total
ASSETS
Cash and investments	$	53,109	$	1,890	$	37	$	9,324	$	2,540		$	4,361		$	4,013		$	75,274
Deferred acquisition costs and intangible assets		5,398		371		408		246		17			407			42			6,889
Reinsurance recoverable		16,030		28		—		7		190			938			—			17,193
Deferred tax and other assets		376		164		84		183		61			47			66			981
Separate account assets		—		—		—		—		—			10,646			—			10,646

Total assets	$	74,913	$	2,453	$	529	$	9,760	$	2,808		$	16,399		$	4,121		$	110,983

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	32,373	$	—	$	—	$	—	$	—		$	7		$	—		$	32,380
Policyholder account balances		21,039		17		—		—		—			5,148			—			26,204
Liability for policy and contract claims		4,501		130		—		626		2,381			25			—			7,663
Unearned premiums		570		589		—		2,921		117			12			—			4,209
Non-recourse funding obligations		2,632		—		—		—		—			—			(30	)		2,602
Deferred tax and other liabilities		4,209		557		47		555		(780	)		12			1,318			5,918
Borrowings and capital securities		—		—		—		570		—			8			4,900			5,478
Separate account liabilities		—		—		—		—		—			10,646			—			10,646

Total liabilities		65,324		1,293		47		4,672		1,718			15,858			6,188			95,100

Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income (loss)		6,504		1,100		482		3,134		1,088			688			(1,914	)		11,082
Allocated accumulated other comprehensive income (loss)		3,085		60		—		809		2			(147	)		(153	)		3,656

Total Genworth Financial, Inc.’s stockholders’ equity		9,589		1,160		482		3,943		1,090			541			(2,067	)		14,738
Noncontrolling interests		—		—		—		1,145		—			—			—			1,145

Total stockholders’ equity		9,589		1,160		482		5,088		1,090			541			(2,067	)		15,883

Total liabilities and stockholders’ equity	$	74,913	$	2,453	$	529	$	9,760	$	2,808		$	16,399		$	4,121		$	110,983

⁽¹⁾	Includes inter-segment eliminations and non-core products.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Consolidated Balance Sheet by Segment

(amounts in millions)


	December 31, 2011
	U.S. Life Insurance		International Protection		Wealth Management		International Mortgage Insurance		U.S. Mortgage Insurance			Runoff			Corporate and Other⁽¹⁾			Total
ASSETS
Cash and investments	$	53,846	$	1,825	$	47	$	9,245	$	2,665		$	4,481		$	4,974		$	77,083
Deferred acquisition costs and intangible assets		5,537		368		407		246		18			407			43			7,026
Reinsurance recoverable		15,790		29		—		6		208			965			—			16,998
Deferred tax and other assets		374		153		69		146		75			56			85			958
Separate account assets		—		—		—		—		—			10,122			—			10,122

Total assets	$	75,547	$	2,375	$	523	$	9,643	$	2,966		$	16,031		$	5,102		$	112,187

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	32,168	$	—	$	—	$	—	$	—		$	7		$	—		$	32,175
Policyholder account balances		20,943		17		—		—		—			5,385			—			26,345
Liability for policy and contract claims		4,418		133		—		553		2,488			28			—			7,620
Unearned premiums		576		592		—		2,932		112			11			—			4,223
Non-recourse funding obligations		3,356		—		—		—		—			—			(100	)		3,256
Deferred tax and other liabilities		4,422		532		50		606		(739	)		3			2,272			7,146
Borrowings and capital securities		—		—		—		561		—			6			4,555			5,122
Separate account liabilities		—		—		—		—		—			10,122			—			10,122

Total liabilities		65,883		1,274		50		4,652		1,861			15,562			6,727			96,009

Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income (loss)		6,034		1,091		473		3,130		1,109			636			(1,452	)		11,021
Allocated accumulated other comprehensive income (loss)		3,630		10		—		751		(4	)		(167	)		(173	)		4,047

Total Genworth Financial, Inc.’s stockholders’ equity		9,664		1,101		473		3,881		1,105			469			(1,625	)		15,068
Noncontrolling interests		—		—		—		1,110		—			—			—			1,110

Total stockholders’ equity		9,664		1,101		473		4,991		1,105			469			(1,625	)		16,178

Total liabilities and stockholders’ equity	$	75,547	$	2,375	$	523	$	9,643	$	2,966		$	16,031		$	5,102		$	112,187

⁽¹⁾	Includes inter-segment eliminations and non-core products.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Deferred Acquisition Costs Rollforward

(amounts in millions)


	U.S. Life Insurance⁽¹⁾			International Protection			Wealth Management		International Mortgage Insurance			U.S. Mortgage Insurance			Runoff⁽²⁾			Corporate and Other		Total
Unamortized balance as of December 31, 2011	$	4,651		$	259		$	—	$	162		$	7		$	379		$	—	$	5,458
Costs deferred		122			20			—		10			1			1			—		154
Amortization, net of interest accretion		(211	)		(29	)		—		(14	)		(1	)		5			—		(250	)
Impact of foreign currency translation		—			7			—		3			—			—			—		10

Unamortized balance as of March 31, 2012		4,562			257			—		161			7			385			—		5,372
Effect of accumulated net unrealized investment (gains) losses		(303	)		—			—		—			—			(9	)		—		(312	)

Balance as of March 31, 2012	$	4,259		$	257		$	—	$	161		$	7		$	376		$	—	$	5,060

⁽¹⁾	Amortization, net of interest accretion, includes $5 million of amortization related to net investment gains for the policyholder account balances.

⁽²⁾	Amortization, net of interest accretion, includes $1 million of amortization related to net investment gains for the policyholder account balances.

Insurance and Wealth Management Division

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income—Insurance and Wealth Management Division

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	722		$	950		$	959		$	961		$	948		$	3,818
Net investment income		674			666			675			701			669			2,711
Net investment gains (losses)		(1	)		(2	)		(21	)		(32	)		(19	)		(74	)
Insurance and investment product fees and other		377			292			307			290			261			1,150

Total revenues		1,772			1,906			1,920			1,920			1,859			7,605

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		827			999			1,001			977			947			3,924
Interest credited		162			163			160			170			166			659
Acquisition and operating expenses, net of deferrals		388			425			426			431			416			1,698
Amortization of deferred acquisition costs and intangibles		255			112			100			120			113			445
Interest expense		23			29			33			41			39			142

Total benefits and expenses		1,655			1,728			1,720			1,739			1,681			6,868

INCOME BEFORE INCOME TAXES		117			178			200			181			178			737
Provision for income taxes		41			57			64			62			61			244

NET INCOME		76			121			136			119			117			493

ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		5			4			—			19			10			33

NET OPERATING INCOME	$	81		$	125		$	136		$	138		$	127		$	526


Effective tax rate (operating income)⁽¹⁾		35.4%			31.9%			32.5%			34.1%			34.2%			33.2%

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

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income—Insurance and Wealth Management Division

(amounts in millions)


	U.S. Life Insurance Segment
Three months ended March 31, 2012	Life Insurance			Long-Term Care			Fixed Annuities			Total U.S. Life Insurance Segment			International Protection Segment			Wealth Management Segment			Total
REVENUES:
Premiums	$	(11	)	$	521		$	33		$	543		$	179		$	—		$	722
Net investment income		129			255			254			638			36			—			674
Net investment gains (losses)		(5	)		(2	)		5			(2	)		1			—			(1	)
Insurance and investment product fees and other		260			1			2			263			2			112			377

Total revenues		373			775			294			1,442			218			112			1,772

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		65			601			120			786			41			—			827
Interest credited		65			—			97			162			—			—			162
Acquisition and operating expenses, net of deferrals		55			98			16			169			127			92			388
Amortization of deferred acquisition costs and intangibles		172			22			29			223			31			1			255
Interest expense		12			—			—			12			11			—			23

Total benefits and expenses		369			721			262			1,352			210			93			1,655

INCOME BEFORE INCOME TAXES		4			54			32			90			8			19			117
Provision for income taxes		1			20			11			32			2			7			41

NET INCOME		3			34			21			58			6			12			76
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		3			1			2			6			(1	)		—			5

NET OPERATING INCOME	$	6		$	35		$	23		$	64		$	5		$	12		$	81


Effective tax rate (operating income)		30.3	%		36.5	%		35.6	%		35.6	%		23.1	%		37.9	%		35.4	%

	U.S. Life Insurance Segment
Three months ended March 31, 2011	Life Insurance			Long-Term Care			Fixed Annuities			Total U.S. Life Insurance Segment			International Protection Segment			Wealth Management Segment			Total
REVENUES:
Premiums	$	222		$	491		$	20		$	733		$	215		$	—		$	948
Net investment income		130			229			262			621			48			—			669
Net investment gains (losses)		—			(8	)		(13	)		(21	)		2			—			(19	)
Insurance and investment product fees and other		143			1			2			146			5			110			261

Total revenues		495			713			271			1,479			270			110			1,859

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		262			543			110			915			32			—			947
Interest credited		63			—			103			166			—			—			166
Acquisition and operating expenses, net of deferrals		46			104			22			172			152			92			416
Amortization of deferred acquisition costs and intangibles		33			20			23			76			36			1			113
Interest expense		26			—			—			26			13			—			39

Total benefits and expenses		430			667			258			1,355			233			93			1,681

INCOME BEFORE INCOME TAXES		65			46			13			124			37			17			178
Provision for income taxes		23			16			5			44			10			7			61

NET INCOME		42			30			8			80			27			10			117
ADJUSTMENT TO NET INCOME:
Net investment losses, net of taxes and other adjustments		—			6			6			12			(2	)		—			10

NET OPERATING INCOME	$	42		$	36		$	14		$	92		$	25		$	10		$	127


Effective tax rate (operating income)		35.0	%		35.2	%		35.6	%		35.2	%		26.3	%		42.3	%		34.2	%

U.S. Life Insurance Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income—U.S. Life Insurance Segment

(amounts in millions)


	2012			2011
	1Q			4Q		3Q			2Q			1Q			Total
REVENUES:
Premiums	$	543		$	758	$	750		$	738		$	733		$	2,979
Net investment income		638			632		637			648			621			2,538
Net investment gains (losses)		(2	)		—		(19	)		(33	)		(21	)		(73	)
Insurance and investment product fees and other		263			176		192			172			146			686

Total revenues		1,442			1,566		1,560			1,525			1,479			6,130

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		786			968		964			942			915			3,789
Interest credited		162			163		160			170			166			659
Acquisition and operating expenses, net of deferrals		169			193		188			183			172			736
Amortization of deferred acquisition costs and intangibles		223			77		67			77			76			297
Interest expense		12			26		27			25			26			104

Total benefits and expenses		1,352			1,427		1,406			1,397			1,355			5,585

INCOME BEFORE INCOME TAXES		90			139		154			128			124			545
Provision for income taxes		32			48		50			47			44			189

NET INCOME		58			91		104			81			80			356

ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		6			3		(2	)		19			12			32

NET OPERATING INCOME	$	64		$	94	$	102		$	100		$	92		$	388


Effective tax rate (operating income)		35.6%			34.9%		32.3%			36.5%			35.2%			34.7%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income and Sales—U.S. Life Insurance Segment—Life Insurance

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	(11	)	$	205		$	215		$	222		$	222		$	864
Net investment income		129			131			132			141			130			534
Net investment gains (losses)		(5	)		(13	)		(4	)		(15	)		—			(32	)
Insurance and investment product fees and other		260			174			189			170			143			676

Total revenues		373			497			532			518			495			2,042

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		65			260			258			254			262			1,034
Interest credited		65			64			59			69			63			255
Acquisition and operating expenses, net of deferrals		55			55			62			60			46			223
Amortization of deferred acquisition costs and intangibles		172			29			34			36			33			132
Interest expense		12			26			26			25			26			103

Total benefits and expenses		369			434			439			444			430			1,747

INCOME BEFORE INCOME TAXES		4			63			93			74			65			295
Provision for income taxes		1			24			31			27			23			105

NET INCOME		3			39			62			47			42			190

ADJUSTMENT TO NET INCOME:
Net investment losses, net of taxes and other adjustments		3			9			2			10			—			21

NET OPERATING INCOME⁽¹⁾	$	6		$	48		$	64		$	57		$	42		$	211


Effective tax rate (operating income)		30.3	%		37.8	%		33.1	%		37.0	%		35.0	%		35.6	%

SALES:
Sales by Product⁽²⁾:
Term Life	$	—		$	—		$	1		$	—		$	—		$	1
Term Universal Life⁽²⁾		31			31			33			35			30			129
Universal Life⁽²⁾		16			16			14			13			15			58
Linked-Benefits⁽²⁾		3			2			2			3			2			9

Total Sales		50			49			50			51			47			197

Sales by Distribution Channel⁽²⁾:
Financial Intermediaries	$	2		$	1		$	2		$	1		$	2		$	6
Independent Producers		48			47			48			49			45			189
Dedicated Sales Specialist		—			1			—			1			—			2

Total Sales	$	50		$	49		$	50		$	51		$	47		$	197

⁽¹⁾

In January 2012, as part of a life block sale transaction, the company repurchased $475 million of non-recourse funding obligations resulting in a U.S. GAAP after-tax gain of approximately $52 million and then ceded certain term life insurance policies to a third-party reinsurer resulting in a U.S. GAAP after-tax loss, net of deferred acquisition costs (DAC), of $93 million. The combined transactions resulted in a U.S. GAAP after-tax loss of approximately $41 million.

⁽²⁾	The prior period amounts have been re-presented to reflect sales for term universal and universal life insurance products as annualized first-year deposits plus 5% of excess deposits and 10% of premium deposits for linked-benefits products.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Life Insurance In-Force

(amounts in millions)


	2012		2011
	1Q		4Q		3Q		2Q		1Q
Term and Whole Life Insurance
Life insurance in-force, net of reinsurance	$	391,870	$	439,743	$	444,861	$	449,806	$	454,704
Life insurance in-force before reinsurance	$	561,186	$	568,261	$	575,689	$	583,007	$	590,569

Term Universal Life Insurance
Life insurance in-force, net of reinsurance	$	112,906	$	99,753	$	87,238	$	73,569	$	58,371
Life insurance in-force before reinsurance	$	113,737	$	100,476	$	87,896	$	74,107	$	58,811

Universal Life Insurance
Life insurance in-force, net of reinsurance	$	42,734	$	42,363	$	42,015	$	41,737	$	41,543
Life insurance in-force before reinsurance	$	49,527	$	49,204	$	48,199	$	47,990	$	47,831

Total Life Insurance
Life insurance in-force, net of reinsurance	$	547,510	$	581,859	$	574,114	$	565,112	$	554,618
Life insurance in-force before reinsurance	$	724,450	$	717,941	$	711,784	$	705,104	$	697,211

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income and Sales—U.S. Life Insurance Segment—Long-Term Care

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	521		$	520		$	513		$	496		$	491		$	2,020
Net investment income		255			246			244			240			229			959
Net investment gains (losses)		(2	)		8			27			(8	)		(8	)		19
Insurance and investment product fees and other		1			1			1			1			1			4

Total revenues		775			775			785			729			713			3,002

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		601			593			605			583			543			2,324
Interest credited		—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		98			113			110			105			104			432
Amortization of deferred acquisition costs and intangibles		22			22			19			19			20			80
Interest expense		—			—			1			—			—			1

Total benefits and expenses		721			728			735			707			667			2,837

INCOME BEFORE INCOME TAXES		54			47			50			22			46			165
Provision for income taxes		20			14			15			9			16			54

NET INCOME		34			33			35			13			30			111
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		1			(5	)		(18	)		5			6			(12	)

NET OPERATING INCOME	$	35		$	28		$	17		$	18		$	36		$	99


Effective tax rate (operating income)		36.5	%		29.1	%		22.3	%		39.2	%		35.2	%		32.4	%

SALES:
Sales by Distribution Channel:
Financial Intermediaries	$	5		$	6		$	6		$	5		$	5		$	22
Independent Producers		28			35			34			31			29			129
Dedicated Sales Specialist		12			15			14			14			12			55

Total Individual Long-Term Care		45			56			54			50			46			206
Group Long-Term Care		3			9			—			2			2			13

Total Sales	$	48		$	65		$	54		$	52		$	48		$	219


RATIOS:
Loss Ratio⁽¹⁾		66.4	%		67.1	%		71.4	%		70.4	%		64.5	%		68.4	%
Gross Benefits Ratio⁽²⁾		115.1	%		114.1	%		118.0	%		117.3	%		110.6	%		115.0	%

⁽¹⁾	The loss ratio was calculated by dividing benefits and other changes in policy reserves less tabular interest on reserves less loss adjustment expenses by net earned premiums.

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

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income and Sales—U.S. Life Insurance Segment—Fixed Annuities

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	33		$	33		$	22		$	20		$	20		$	95
Net investment income		254			255			261			267			262			1,045
Net investment gains (losses)		5			5			(42	)		(10	)		(13	)		(60	)
Insurance and investment product fees and other		2			1			2			1			2			6

Total revenues		294			294			243			278			271			1,086

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		120			115			101			105			110			431
Interest credited		97			99			101			101			103			404
Acquisition and operating expenses, net of deferrals		16			25			16			18			22			81
Amortization of deferred acquisition costs and intangibles		29			26			14			22			23			85
Interest expense		—			—			—			—			—			—

Total benefits and expenses		262			265			232			246			258			1,001

INCOME BEFORE INCOME TAXES		32			29			11			32			13			85
Provision for income taxes		11			10			4			11			5			30

NET INCOME		21			19			7			21			8			55
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		2			(1	)		14			4			6			23

NET OPERATING INCOME	$	23		$	18		$	21		$	25		$	14		$	78


Effective tax rate (operating income)		35.6	%		35.0	%		36.9	%		33.1	%		35.6	%		35.0	%

SALES:
Sales by Product:
Single Premium Immediate Annuities	$	74		$	70		$	49		$	52		$	57		$	228
Single Premium Deferred Annuities		262			293			446			272			109			1,120

Total Sales	$	336		$	363		$	495		$	324		$	166		$	1,348

Sales by Distribution Channel:
Financial Intermediaries	$	216		$	233		$	411		$	243		$	108		$	995
Independent Producers		116			127			82			79			55			343
Dedicated Sales Specialists		4			3			2			2			3			10

Total Sales	$	336		$	363		$	495		$	324		$	166		$	1,348

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Selected Operating Performance Measures—U.S. Life Insurance Segment—Fixed Annuities

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Single Premium Deferred Annuities
Account value, beginning of the period	$	10,831		$	10,775		$	10,582		$	10,660		$	10,819		$	10,819
Deposits		264			295			450			275			120			1,140
Surrenders, benefits and product charges		(330	)		(325	)		(345	)		(441	)		(368	)		(1,479	)

Net flows		(66	)		(30	)		105			(166	)		(248	)		(339	)
Interest credited		84			86			88			88			89			351

Account value, end of the period		10,849			10,831			10,775			10,582			10,660			10,831


Single Premium Immediate Annuities
Account value, beginning of the period		6,433			6,482			6,384			6,411			6,528			6,528
Premiums and deposits		106			96			77			85			85			343
Surrenders, benefits and product charges		(237	)		(250	)		(245	)		(253	)		(256	)		(1,004	)

Net flows		(131	)		(154	)		(168	)		(168	)		(171	)		(661	)
Interest credited		78			79			80			82			83			324
Effect of accumulated net unrealized investment gains (losses)		24			26			186			59			(29	)		242

Account value, end of the period		6,404			6,433			6,482			6,384			6,411			6,433


Structured Settlements
Account value, net of reinsurance, beginning of the period		1,107			1,109			1,113			1,113			1,113			1,113
Surrenders, benefits and product charges		(14	)		(17	)		(18	)		(14	)		(15	)		(64	)

Net flows		(14	)		(17	)		(18	)		(14	)		(15	)		(64	)
Interest credited		14			15			14			14			15			58

Account value, net of reinsurance, end of the period		1,107			1,107			1,109			1,113			1,113			1,107

Total Fixed Annuities	$	18,360		$	18,371		$	18,366		$	18,079		$	18,184		$	18,371

International Protection Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income and Sales—International Protection Segment

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	179		$	192		$	209		$	223		$	215		$	839
Net investment income		36			34			38			53			48			173
Net investment gains (losses)		1			(2	)		(2	)		1			2			(1	)
Insurance and investment product fees and other		2			2			—			4			5			11

Total revenues		218			226			245			281			270			1,022

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		41			31			37			35			32			135
Acquisition and operating expenses, net of deferrals		127			139			143			156			152			590
Amortization of deferred acquisition costs and intangibles		31			33			32			42			36			143
Interest expense		11			3			6			16			13			38

Total benefits and expenses		210			206			218			249			233			906

INCOME BEFORE INCOME TAXES		8			20			27			32			37			116
Provision for income taxes		2			2			7			7			10			26

NET INCOME		6			18			20			25			27			90

ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		(1	)		1			2			—			(2	)		1

NET OPERATING INCOME⁽¹⁾	$	5		$	19		$	22		$	25		$	25		$	91


Effective tax rate (operating income)		23.1	%		7.4	%		28.7	%		20.9	%		26.3	%		22.0	%

SALES:
Lifestyle Protection Insurance
Traditional indemnity premiums	$	228		$	234		$	252		$	270		$	242		$	998
Premium equivalents for administrative services only business		2			5			5			6			6			22
Reinsurance premiums assumed accounted for under the deposit method		149			167			181			193			175			716

Total Sales⁽²⁾	$	379		$	406		$	438		$	469		$	423		$	1,736

SALES BY REGION:
Lifestyle Protection Insurance
Northern Europe	$	141		$	149		$	166		$	169		$	156		$	640
Southern Europe		134			152			161			188			170			671
Latin America		7			6			7			2			—			15
Structured Deals⁽³⁾		93			93			97			103			89			382
Other		4			6			7			7			8			28

Total Sales	$	379		$	406		$	438		$	469		$	423		$	1,736



Loss Ratio		23	%		16	%		17	%		16	%		15	%		16	%

The loss ratio included above was calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein.

⁽¹⁾	Net operating income adjusted for foreign exchange as compared to the prior year period for the International Protection segment was $6 million for the three months ended March 31, 2012.

⁽²⁾	Sales adjusted for foreign exchange as compared to the prior year period for the International Protection segment were $390 million for the three months ended March 31, 2012.

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

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income (Pre-Deposit Accounting Basis)—International Protection Segment

(amounts in millions)


	1Q 2012
	Reported			Deposit Accounting Adjustments			Pre-Deposit Accounting Basis
REVENUES:
Premiums	$	179		$	55		$	234
Net investment income		36			(13	)		23
Net investment gains (losses)		1			—			1
Insurance and investment product fees and other		2			—			2

Total revenues		218			42			260

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		41			15			56
Acquisition and operating expenses, net of deferrals		127			17			144
Amortization of deferred acquisition costs and intangibles		31			14			45
Interest expense		11			(4	)		7

Total benefits and expenses		210			42			252

INCOME BEFORE INCOME TAXES		8			—			8
Provision for income taxes		2			—			2

NET INCOME		6			—			6

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

NET OPERATING INCOME⁽¹⁾	$	5		$	—		$	5

Effective tax rate (operating income)		23.1	%					23.1	%

Other Metrics:
Premiums	$	179		$	55		$	234
Benefits and other changes in policy reserves		41			15			56
Commissions⁽²⁾		85			14			99

Margin before profit sharing		53			26			79
Profit share⁽²⁾		27			17			44

Underwriting profit	$	26		$	9		$	35


Loss Ratio		23	%					23	%

Underwriting Margin⁽³⁾		14	%					15	%

Combined Ratio⁽⁴⁾		111	%					105	%

This page is provided as supplemental analysis related to the lifestyle protection insurance business. This business has reinsurance agreements that do not qualify for risk transfer under GAAP. This analysis shows the income statement activity as if these reinsurance agreements, except for our reciprocal arrangements, were accounted for as reinsurance accounting (“pre-deposit accounting basis”) and not as deposit accounting. There is no impact on net income available to Genworth Financial, Inc.’s common stockholders or to segment net operating income.

The ratios included above were calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein.

⁽¹⁾	Net operating income adjusted for foreign exchange as compared to the prior year period for the International Protection segment was $6 million for the three months ended March 31, 2012.

⁽²⁾	Commissions include commissions which are included above in acquisition and operating expenses, net of deferrals, and amortization of DAC.

⁽³⁾	The underwriting margin is calculated as underwriting profit divided by net earned premiums.

⁽⁴⁾	The combined ratio is calculated as benefits and other changes in policy reserves, commissions (including amortization of DAC), profit share and other operating expenses divided by net earned premiums.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income (Pre-Deposit Accounting Basis)—International Protection Segment

(amounts in millions)


	4Q 2011									3Q 2011									2Q 2011									1Q 2011									Total 2011
	Reported			Deposit Accounting Adjustments			Pre-Deposit Accounting Basis			Reported			Deposit Accounting Adjustments			Pre-Deposit Accounting Basis			Reported			Deposit Accounting Adjustments			Pre-Deposit Accounting Basis			Reported			Deposit Accounting Adjustments			Pre-Deposit Accounting Basis			Reported			Deposit Accounting Adjustments			Pre-Deposit Accounting Basis
REVENUES:
Premiums	$	192		$	57		$	249		$	209		$	71		$	280		$	223		$	71		$	294		$	215		$	56		$	271		$	1,861		$	255		$	2,116
Net investment income		34			(7	)		27			38			(11	)		27			53			(26	)		27			48			(23	)		25			210			(67	)		143
Net investment gains (losses)		(2	)		—			(2	)		(2	)		—			(2	)		1			—			1			2			—			2			(4	)		—			(4	)
Insurance and investment product fees and other		2			—			2			—			—			—			4			—			4			5			—			5			17			—			17

Total revenues		226			50			276			245			60			305			281			45			326			270			33			303			2,084			188			2,272

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		31			15			46			37			18			55			35			18			53			32			10			42			340			61			401
Acquisition and operating expenses, net of deferrals		139			16			155			143			19			162			156			19			175			152			13			165			1,136			67			1,203
Amortization of deferred acquisition costs and intangibles		33			13			46			32			21			53			42			16			58			36			17			53			350			67			417
Interest expense		3			6			9			6			2			8			16			(8	)		8			13			(7	)		6			63			(7	)		56

Total benefits and expenses		206			50			256			218			60			278			249			45			294			233			33			266			1,889			188			2,077

INCOME BEFORE INCOME TAXES		20			—			20			27			—			27			32			—			32			37			—			37			195			—			195
Provision for income taxes		2			—			2			7			—			7			7			—			7			10			—			10			42			—			42

NET INCOME		18			—			18			20			—			20			25			—			25			27			—			27			153			—			153
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		1			—			1			2			—			2			—			—			—			(2	)		—			(2	)		4			—			4

NET OPERATING INCOME⁽¹⁾	$	19		$	—		$	19		$	22		$	—		$	22		$	25		$	—		$	25		$	25		$	—		$	25		$	157		$	—		$	157

Effective tax rate (operating income)		7.4	%					7.4	%		28.7	%					28.7	%		20.9	%					20.9	%		26.3	%					26.3	%		22.0	%					22.0	%

Other Metrics:
Premiums	$	192		$	57		$	249		$	209		$	71		$	280		$	223		$	71		$	294		$	215		$	56		$	271		$	1,861		$	255		$	2,116
Benefits and other changes in policy reserves		31			15			46			37			18			55			35			18			53			32			10			42			340			61			401
Commissions⁽²⁾		94			10			104			96			21			117			109			18			127			102			16			118			401			65			466

Margin before profit sharing		67			32			99			76			32			108			79			35			114			81			30			111			1,120			129			1,249
Profit share⁽²⁾		26			18			44			28			18			46			35			18			53			37			14			51			126			68			194

Underwriting profit	$	41		$	14		$	55		$	48		$	14		$	62		$	44		$	17		$	61		$	44		$	16		$	60		$	994		$	61		$	1,055


Loss Ratio		16	%					18	%		17	%					20	%		16	%					18	%		15	%					15	%		16	%					18	%

Underwriting Margin⁽³⁾		21	%					22	%		23	%					22	%		19	%					21	%		21	%					22	%		21	%					22	%

Combined Ratio⁽⁴⁾		106	%					99	%		100	%					96	%		104	%					97	%		101	%					96	%		103	%					96	%

The ratios included above were calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein.

⁽¹⁾	Net operating income adjusted for foreign exchange as compared to the prior year period for the International Protection segment was $6 million for the three months ended March 31, 2012.

⁽²⁾	Commissions include commissions which are included above in acquisition and operating expenses, net of deferrals, and amortization of DAC.

⁽³⁾	The underwriting margin is calculated as underwriting profit divided by net earned premiums.

⁽⁴⁾	The combined ratio is calculated as benefits and other changes in policy reserves, commissions (including amortization of DAC), profit share and other operating expenses divided by net earned premiums.

Wealth Management Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

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

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		—			—			—			—			—			—
Net investment gains (losses)		—			—			—			—			—			—
Insurance and investment product fees and other		112			114			115			114			110			453

Total revenues		112			114			115			114			110			453

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—
Interest credited		—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		92			93			95			92			92			372
Amortization of deferred acquisition costs and intangibles		1			2			1			1			1			5
Interest expense		—			—			—			—			—			—

Total benefits and expenses		93			95			96			93			93			377

INCOME BEFORE INCOME TAXES		19			19			19			21			17			76
Provision for income taxes		7			7			7			8			7			29

NET INCOME		12			12			12			13			10			47

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

NET OPERATING INCOME	$	12		$	12		$	12		$	13		$	10		$	47


Effective tax rate (operating income)		37.9	%		36.2	%		38.9	%		36.4	%		42.3	%		38.3	%

SALES:
Sales by Distribution Channel:
Independent Producers	$	1,344		$	1,278		$	1,395		$	1,622		$	1,785		$	6,080
Dedicated Sales Specialists		172			161			170			185			273			789

Total Sales	$	1,516		$	1,439		$	1,565		$	1,807		$	2,058		$	6,869


ASSETS UNDER MANAGEMENT:
Beginning of period	$	25,087		$	24,613		$	25,930		$	25,551		$	24,740		$	24,740
Gross flows		1,516			1,439			1,565			1,807			2,058			6,869
Redemptions		(1,875	)		(1,455	)		(1,119	)		(1,143	)		(1,703	)		(5,420	)

Net flows		(359	)		(16	)		446			664			355			1,449
Market performance		956			490			(1,763	)		(285	)		456			(1,102	)

End of period	$	25,684		$	25,087		$	24,613		$	25,930		$	25,551		$	25,087

Wealth Management results represent Genworth Financial Wealth Management, Inc., Genworth Financial Investment Services, Inc., Genworth Financial Trust Company, Centurion Financial Advisers, Inc., Quantavis Consulting, Inc. and the Altegris companies.

Global Mortgage Insurance Division

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income (Loss)—Global Mortgage Insurance Division

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	384		$	400		$	413		$	410		$	404		$	1,627
Net investment income		120			112			132			125			128			497
Net investment gains (losses)		29			43			34			6			5			88
Insurance and investment product fees and other		2			6			—			6			2			14

Total revenues		535			561			579			547			539			2,226

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		404			392			370			633			388			1,783
Acquisition and operating expenses, net of deferrals		93			95			106			104			99			404
Amortization of deferred acquisition costs and intangibles		18			16			17			19			19			71
Interest expense		10			10			9			6			6			31

Total benefits and expenses		525			513			502			762			512			2,289

INCOME (LOSS) BEFORE INCOME TAXES		10			48			77			(215	)		27			(63	)
Provision (benefit) for income taxes		(4	)		1			29			(78	)		(24	)		(72	)

NET INCOME (LOSS)		14			47			48			(137	)		51			9
Less: net income attributable to noncontrolling interests		33			33			36			36			34			139

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		(19	)		14			12			(173	)		17			(130	)

ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		(17	)		(27	)		(23	)		(4	)		(1	)		(55	)

NET OPERATING INCOME (LOSS)⁽¹⁾	$	(36	)	$	(13	)	$	(11	)	$	(177	)	$	16		$	(185	)


Effective tax rate (operating income (loss))		41.2	%		64.0	%		-75.5	%		34.3	%		166.5	%		44.7	%

⁽¹⁾	Net operating income (loss) adjusted for foreign exchange as compared to the prior year period for the Global Mortgage Insurance Division was $(33) million for the three months ended March 31, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income (Loss)—Global Mortgage Insurance Division

(amounts in millions)


	International Mortgage Insurance Segment
Three months ended March 31, 2012	Canada			Australia			Other Countries			Total International Mortgage Insurance Segment			U.S. Mortgage Insurance Segment			Total
REVENUES:
Premiums	$	145		$	91		$	11		$	247		$	137		$	384
Net investment income		47			47			3			97			23			120
Net investment gains (losses)		6			(5	)		1			2			27			29
Insurance and investment product fees and other		—			—			—			—			2			2

Total revenues		198			133			15			346			189			535

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		55			138			14			207			197			404
Acquisition and operating expenses, net of deferrals		26			23			10			59			34			93
Amortization of deferred acquisition costs and intangibles		10			7			—			17			1			18
Interest expense		6			4			—			10			—			10

Total benefits and expenses		97			172			24			293			232			525

INCOME (LOSS) BEFORE INCOME TAXES		101			(39	)		(9	)		53			(43	)		10
Provision (benefit) for income taxes		29			(15	)		(1	)		13			(17	)		(4	)

NET INCOME (LOSS)		72			(24	)		(8	)		40			(26	)		14
Less: net income attributable to noncontrolling interests		33			—			—			33			—			33

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		39			(24	)		(8	)		7			(26	)		(19	)

ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		(2	)		3			(1	)		—			(17	)		(17	)

NET OPERATING INCOME (LOSS)	$	37		$	(21	)	$	(9	)	$	7		$	(43	)	$	(36	)


Effective tax rate (operating income (loss))		29.3	%		39.9	%		10.1	%		6.8	%		37.4	%		41.2	%

	International Mortgage Insurance Segment
Three months ended March 31, 2011	Canada			Australia			Other Countries			Total International Mortgage Insurance Segment			U.S. Mortgage Insurance Segment			Total
REVENUES:
Premiums	$	156		$	93		$	13		$	262		$	142		$	404
Net investment income		48			43			4			95			33			128
Net investment gains (losses)		3			—			1			4			1			5
Insurance and investment product fees and other		—			—			1			1			1			2

Total revenues		207			136			19			362			177			539

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		59			42			8			109			279			388
Acquisition and operating expenses, net of deferrals		27			21			12			60			39			99
Amortization of deferred acquisition costs and intangibles		10			7			—			17			2			19
Interest expense		6			—			—			6			—			6

Total benefits and expenses		102			70			20			192			320			512

INCOME (LOSS) BEFORE INCOME TAXES		105			66			(1	)		170			(143	)		27
Provision (benefit) for income taxes		19			14			3			36			(60	)		(24	)

NET INCOME (LOSS)		86			52			(4	)		134			(83	)		51
Less: net income attributable to noncontrolling interests		34			—			—			34			—			34

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		52			52			(4	)		100			(83	)		17

ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		(1	)		—			—			(1	)		—			(1	)

NET OPERATING INCOME (LOSS)	$	51		$	52		$	(4	)	$	99		$	(83	)	$	16


Effective tax rate (operating income (loss))		9.1	%		21.7	%		-113.4	%		18.1	%		42.2	%		166.5	%

International Mortgage Insurance Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income—International Mortgage Insurance Segment

(amounts in millions)


	2012		2011
	1Q		4Q		3Q			2Q			1Q			Total
REVENUES:
Premiums	$	247	$	260	$	273		$	268		$	262		$	1,063
Net investment income		97		96		103			99			95			393
Net investment gains (losses)		2		1		32			5			4			42
Insurance and investment product fees and other		—		3		—			5			1			9

Total revenues		346		360		408			377			362			1,507

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		207		123		119			107			109			458
Acquisition and operating expenses, net of deferrals		59		60		65			63			60			248
Amortization of deferred acquisition costs and intangibles		17		15		16			18			17			66
Interest expense		10		10		9			6			6			31

Total benefits and expenses		293		208		209			194			192			803

INCOME BEFORE INCOME TAXES		53		152		199			183			170			704
Provision for income taxes		13		36		74			66			36			212

NET INCOME		40		116		125			117			134			492
Less: net income attributable to noncontrolling interests		33		33		36			36			34			139

NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		7		83		89			81			100			353

ADJUSTMENT TO NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		—		—		(21	)		(3	)		(1	)		(25	)

NET OPERATING INCOME⁽¹⁾	$	7	$	83	$	68		$	78		$	99		$	328


Effective tax rate (operating income)		6.8%		23.2%		43.1%			39.7%			18.1%			31.4%

⁽¹⁾	Net operating income adjusted for foreign exchange as compared to the prior year period for the International Mortgage Insurance segment was $10 million for the three months ended March 31, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income and Sales—International Mortgage Insurance Segment—Canada

(amounts in millions)


	2012			2011
	1Q			4Q		3Q			2Q			1Q			Total
REVENUES:
Premiums	$	145		$	153	$	153		$	157		$	156		$	619
Net investment income		47			47		51			50			48			196
Net investment gains (losses)		6			—		3			2			3			8
Insurance and investment product fees and other		—			—		—			—			—			—

Total revenues		198			200		207			209			207			823

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		55			61		57			51			59			228
Acquisition and operating expenses, net of deferrals		26			28		27			29			27			111
Amortization of deferred acquisition costs and intangibles		10			9		9			11			10			39
Interest expense		6			6		5			6			6			23

Total benefits and expenses		97			104		98			97			102			401


INCOME BEFORE INCOME TAXES		101			96		109			112			105			422
Provision for income taxes		29			23		32			47			19			121

NET INCOME		72			73		77			65			86			301
Less: net income attributable to noncontrolling interests		33			33		36			36			34			139

NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		39			40		41			29			52			162

ADJUSTMENT TO NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		(2	)		—		(1	)		(1	)		(1	)		(3	)

NET OPERATING INCOME⁽¹⁾	$	37		$	40	$	40		$	28		$	51		$	159


Effective tax rate (operating income)		29.3%			23.3%		31.3%			53.8%			9.1%			30.0%

SALES:
New Insurance Written (NIW)
Flow	$	3,500		$	5,200	$	6,800		$	6,400		$	4,400		$	22,800
Bulk		500			1,000		600			1,500			1,100			4,200

Total Canada NIW⁽²⁾	$	4,000		$	6,200	$	7,400		$	7,900		$	5,500		$	27,000

⁽¹⁾	Net operating income for the Canadian platform adjusted for foreign exchange as compared to the prior year period was $38 million for the three months ended March 31, 2012.

⁽²⁾	New insurance written for the Canadian platform adjusted for foreign exchange as compared to the prior year period was $4,100 million for the three months ended March 31, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income and Sales—International Mortgage Insurance Segment—Australia

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q		Total
REVENUES:
Premiums	$	91		$	96		$	105		$	98		$	93	$	392
Net investment income		47			46			49			46			43		184
Net investment gains (losses)		(5	)		2			30			2			—		34
Insurance and investment product fees and other		—			1			—			1			—		2

Total revenues		133			145			184			147			136		612

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		138			43			51			47			42		183
Acquisition and operating expenses, net of deferrals		23			24			26			22			21		93
Amortization of deferred acquisition costs and intangibles		7			6			7			7			7		27
Interest expense		4			4			4			—			—		8

Total benefits and expenses		172			77			88			76			70		311


INCOME (LOSS) BEFORE INCOME TAXES		(39	)		68			96			71			66		301
Provision (benefit) for income taxes		(15	)		13			40			16			14		83

NET INCOME (LOSS)		(24	)		55			56			55			52		218
Less: net income attributable to noncontrolling interests		—			—			—			—			—		—

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		(24	)		55			56			55			52		218

ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		3			(1	)		(20	)		(1	)		—		(22	)

NET OPERATING INCOME (LOSS)⁽¹⁾	$	(21	)	$	54		$	36		$	54		$	52	$	196


Effective tax rate (operating income (loss))		39.9%			18.7%			46.5%			22.2%			21.7%		27.2%

SALES:
New Insurance Written (NIW)
Flow	$	7,700		$	7,900		$	7,100		$	6,700		$	5,500	$	27,200
Bulk		300			1,100			100			2,300			1,000		4,500

Total Australia NIW⁽²⁾	$	8,000		$	9,000		$	7,200		$	9,000		$	6,500	$	31,700

⁽¹⁾	Net operating income for the Australian platform adjusted for foreign exchange as compared to the prior year period was $(19) million for the three months ended March 31, 2012.

⁽²⁾	New insurance written for the Australian platform adjusted for foreign exchange as compared to the prior year period was $7,700 million for the three months ended March 31, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

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

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	11		$	11		$	15		$	13		$	13		$	52
Net investment income		3			3			3			3			4			13
Net investment gains (losses)		1			(1	)		(1	)		1			1			—
Insurance and investment product fees and other		—			2			—			4			1			7

Total revenues		15			15			17			21			19			72

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		14			19			11			9			8			47
Acquisition and operating expenses, net of deferrals		10			8			12			12			12			44
Amortization of deferred acquisition costs and intangibles		—			—			—			—			—			—
Interest expense		—			—			—			—			—			—

Total benefits and expenses		24			27			23			21			20			91


LOSS BEFORE INCOME TAXES		(9	)		(12	)		(6	)		—			(1	)		(19	)
Provision (benefit) for income taxes		(1	)		—			2			3			3			8

NET LOSS		(8	)		(12	)		(8	)		(3	)		(4	)		(27	)
Less: net income attributable to noncontrolling interests		—			—			—			—			—			—

NET LOSS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		(8	)		(12	)		(8	)		(3	)		(4	)		(27	)

ADJUSTMENT TO NET LOSS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		(1	)		1			—			(1	)		—			—

NET OPERATING LOSS⁽¹⁾	$	(9	)	$	(11	)	$	(8	)	$	(4	)	$	(4	)	$	(27	)


Effective tax rate (operating loss)		10.1%			-1.5%			-40.9%			-734.0%			-113.4%			-41.4%

SALES:
New Insurance Written (NIW)
Flow	$	300		$	400		$	500		$	600		$	500		$	2,000
Bulk		—			300			300			300			200			1,100

Total Other Countries NIW⁽²⁾	$	300		$	700		$	800		$	900		$	700		$	3,100

⁽¹⁾	Net operating loss for the Other Countries platform adjusted for foreign exchange as compared to the prior year period was $(9) million for the three months ended March 31, 2012.

⁽²⁾	New insurance written for the Other Countries platform adjusted for foreign exchange as compared to the prior year period was $300 million for the three months ended March 31, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Net Premiums Written
Canada	$	79		$	122		$	164		$	155		$	101		$	542
Australia		102			104			92			90			61			347
Other Countries⁽¹⁾		6			7			5			12			10			34

Total International Net Premiums Written	$	187		$	233		$	261		$	257		$	172		$	923

Loss Ratio⁽²⁾
Canada		38	%		40	%		36	%		33	%		38	%		37	%
Australia		154	%		46	%		48	%		48	%		45	%		47	%
Other Countries		128	%		165	%		85	%		59	%		62	%		91	%
Total International Loss Ratio		84	%		48	%		43	%		40	%		42	%		43	%

GAAP Basis Expense Ratio⁽³⁾
Canada		25	%		25	%		23	%		25	%		24	%		24	%
Australia		33	%		30	%		32	%		29	%		30	%		31	%
Other Countries⁽¹⁾		94	%		68	%		88	%		94	%		87	%		85	%
Total International GAAP Basis Expense Ratio		31	%		29	%		30	%		30	%		29	%		30	%

Adjusted Expense Ratio⁽⁴⁾
Canada		46	%		31	%		22	%		25	%		37	%		28	%
Australia		29	%		28	%		37	%		32	%		46	%		34	%
Other Countries⁽¹⁾		162	%		108	%		258	%		108	%		114	%		129	%
Total International Adjusted Expense Ratio		41	%		32	%		31	%		32	%		45	%		34	%

Primary Insurance In-Force
Canada	$	269,100		$	261,300		$	250,200		$	264,700		$	256,700
Australia		287,100			281,500			264,300			296,200			284,600
Other Countries		33,600			32,600			33,600			37,000			36,200

Total International Primary Insurance In-Force	$	589,800		$	575,400		$	548,100		$	597,900		$	577,500

Primary Risk In-Force⁽⁵⁾
Canada
Flow	$	76,200		$	74,000		$	70,600		$	74,400		$	72,200
Bulk		18,000			17,500			16,900			18,200			17,700

Total Canada		94,200			91,500			87,500			92,600			89,900

Australia
Flow		90,600			88,700			83,300			93,200			90,000
Bulk		9,900			9,800			9,200			10,500			9,600

Total Australia		100,500			98,500			92,500			103,700			99,600

Other Countries
Flow⁽¹⁾		4,200			4,100			4,400			4,800			4,700
Bulk		400			400			400			500			500

Total Other Countries		4,600			4,500			4,800			5,300			5,200

Total International Primary Risk In-Force	$	199,300		$	194,500		$	184,800		$	201,600		$	194,700

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

⁽¹⁾

Includes the impact of settlements and cancelled insurance contracts, primarily with lenders in Europe. Primary flow risk in-force excludes $134 million, $114 million and $92 million of risk in-force in Europe ceded under quota share reinsurance agreements as of March 31, 2012, December 31, 2011 and September 30, 2011, respectively.

⁽²⁾

The ratio of incurred losses and loss adjustment expense to net earned premiums. In determining the pricing of the mortgage insurance products, the company develops a pricing loss ratio which uses industry and company loss experience over a number of years, which incorporate both favorable and unfavorable economic environments, differing coverage levels and varying capital requirements. Actual results may vary from pricing loss ratios for a number of reasons, which include differing economic conditions and actual individual product and lender performance. New business pricing loss ratios for the international businesses were as follows for all periods: Canada 35%-40%, Australia 25%-35% and Europe 40%-45%.

⁽³⁾	The ratio of an insurer’s general expenses to net earned premiums. In the business, general expenses consist of acquisition and operating expenses, net of deferrals, and amortization of DAC and intangibles.

⁽⁴⁾	The ratio of an insurer’s general expenses to net premiums written. In the business, general expenses consist of acquisition and operating expenses, net of deferrals, and amortization of DAC and intangibles.

⁽⁵⁾

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

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment—Canada

(dollar amounts in millions)


Primary Insurance	March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011
Insured loans in-force		1,371,140			1,362,092			1,346,546			1,326,690			1,301,973
Insured delinquent loans		2,623			2,752			2,868			3,281			3,454
Insured delinquency rate		0.19	%		0.20	%		0.21	%		0.25	%		0.27	%

Flow loans in-force		1,074,281			1,064,942			1,049,959			1,029,844			1,011,823
Flow delinquent loans		2,335			2,477			2,594			2,956			3,113
Flow delinquency rate		0.22	%		0.23	%		0.25	%		0.29	%		0.31	%

Bulk loans in-force		296,859			297,150			296,587			296,846			290,150
Bulk delinquent loans		288			275			274			325			341
Bulk delinquency rate		0.10	%		0.09	%		0.09	%		0.11	%		0.12	%

Loss Metrics	March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011
Beginning Reserves	$	161		$	142		$	174		$	200		$	202
Paid claims		(62	)		(64	)		(74	)		(79	)		(66	)
Increase in reserves		55			82			56			52			59
Impact of changes in foreign exchange rates		(5	)		1			(14	)		1			5

Ending Reserves	$	149		$	161		$	142		$	174		$	200


	March 31, 2012						December 31, 2011						March 31, 2011
Province and Territory	% of Primary Risk In-Force			Primary Delinquency Rate			% of Primary Risk In-Force			Primary Delinquency Rate			% of Primary Risk In-Force			Primary Delinquency Rate
Ontario		46	%		0.11	%		46	%		0.12	%		46	%		0.18	%
British Columbia		16			0.24	%		16			0.28	%		16			0.31	%
Alberta		16			0.35	%		16			0.40	%		16			0.59	%
Quebec		15			0.24	%		15			0.22	%		15			0.26	%
Nova Scotia		2			0.26	%		2			0.23	%		2			0.28	%
Saskatchewan		2			0.12	%		2			0.14	%		2			0.14	%
Manitoba		1			0.10	%		1			0.08	%		1			0.10	%
New Brunswick		1			0.21	%		1			0.29	%		1			0.27	%
All Other		1			0.14	%		1			0.09	%		1			0.13	%

Total		100	%		0.19	%		100	%		0.20	%		100	%		0.27	%


By Policy Year
2004 and prior		25	%		0.04	%		25	%		0.04	%		27	%		0.05	%
2005		8			0.12	%		8			0.13	%		8			0.15	%
2006		9			0.22	%		9			0.25	%		10			0.36	%
2007		18			0.35	%		18			0.38	%		21			0.53	%
2008		10			0.46	%		11			0.52	%		12			0.67	%
2009		7			0.33	%		7			0.34	%		8			0.34	%
2010		11			0.26	%		11			0.20	%		12			0.10	%
2011		10			0.08	%		11			0.05	%		2			—	%
2012		2			—	%		—			—	%		—			—	%

Total		100	%		0.19	%		100	%		0.20	%		100	%		0.27	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment—Canada

(Canadian dollar amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Paid Claims
Flow	$	62		$	62		$	70		$	75		$	64		$	271
Bulk		2			3			2			2			1			8

Total Paid Claims	$	64		$	65		$	72		$	77		$	65		$	279


Average Paid Claim (in thousands)	$	73.0		$	80.6		$	80.5		$	82.3		$	77.0

Average Reserve Per Delinquency (in thousands)	$	56.6		$	57.7		$	51.5		$	51.0		$	56.2

Loss Metrics

Beginning Reserves	$	164		$	148		$	167		$	194		$	200
Paid claims		(64	)		(65	)		(72	)		(77	)		(65	)
Increase in reserves		48			81			53			50			59

Ending Reserves	$	148		$	164		$	148		$	167		$	194

Loan Amount

Over $550K		5	%		4	%		4	%		4	%		4	%
$400K to $550K		8			8			8			8			8
$250K to $400K		30			30			30			29			29
$100K to $250K		51			52			52			52			52
$100K or Less		6			6			6			7			7

Total		100	%		100	%		100	%		100	%		100	%


Average Primary Loan Size (in thousands)	$	196		$	195		$	194		$	192		$	191
Average Effective Loan-To-Value Ratios By Policy Year⁽¹⁾

2006 and prior		42	%		44	%
2007		71	%		72	%
2008		76	%		76	%
2009		78	%		79	%
2010		85	%		86	%
2011		91	%		91	%
Total Flow		57	%		58	%

Total Bulk		28	%		29	%

Total		51	%		52	%

All amounts presented in Canadian dollars.

⁽¹⁾

Loan amounts (including capitalized premiums) reflect interest rates at time of loan origination and estimated scheduled principal repayments since loan origination. Home price estimates based on regional home price appreciation/depreciation data from the Canadian Real Estate Association. All data used in the effective loan-to-value ratio calculation reflects conditions as of the end of the previous quarter.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment—Australia

(dollar amounts in millions)


Primary Insurance	March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011
Insured loans in-force		1,442,867			1,437,380			1,428,328			1,453,012			1,453,554
Insured delinquent loans		7,837			7,874			8,464			8,193			7,557
Insured delinquency rate		0.54	%		0.55	%		0.59	%		0.56	%		0.52	%

Flow loans in-force		1,295,907			1,289,200			1,280,741			1,301,648			1,307,167
Flow delinquent loans		7,559			7,626			8,208			7,995			7,387
Flow delinquency rate		0.58	%		0.59	%		0.64	%		0.61	%		0.57	%

Bulk loans in-force		146,960			148,180			147,587			151,364			146,387
Bulk delinquent loans		278			248			256			198			170
Bulk delinquency rate		0.19	%		0.17	%		0.17	%		0.13	%		0.12	%

Loss Metrics	March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011
Beginning Reserves	$	272		$	247		$	248		$	224		$	206
Paid claims		(69	)		(32	)		(26	)		(32	)		(26	)
Increase in reserves		138			44			50			47			42
Impact of changes in foreign exchange rates		1			13			(25	)		9			2

Ending Reserves	$	342		$	272		$	247		$	248		$	224


	March 31, 2012						December 31, 2011						March 31, 2011
State and Territory	% of Primary Risk In-Force			Primary Delinquency Rate			% of Primary Risk In-Force			Primary Delinquency Rate			% of Primary Risk In-Force			Primary Delinquency Rate
New South Wales		31	%		0.53	%		31	%		0.55	%		31	%		0.57	%
Victoria		23			0.37	%		23			0.37	%		23			0.38	%
Queensland		22			0.80	%		22			0.81	%		23			0.64	%
Western Australia		11			0.57	%		11			0.56	%		10			0.48	%
South Australia		6			0.52	%		6			0.51	%		6			0.47	%
New Zealand		2			0.94	%		2			0.93	%		2			1.23	%
Australian Capital Territory		2			0.10	%		2			0.10	%		2			0.12	%
Tasmania		2			0.40	%		2			0.38	%		2			0.33	%
Northern Territory		1			0.28	%		1			0.25	%		1			0.22	%

Total		100	%		0.54	%		100	%		0.55	%		100	%		0.52	%


By Policy Year
2004 and prior		24	%		0.15	%		25	%		0.14	%		26	%		0.16	%
2005		8			0.56	%		8			0.54	%		9			0.53	%
2006		10			0.80	%		11			0.81	%		12			0.73	%
2007		12			1.14	%		12			1.18	%		14			1.08	%
2008		11			1.38	%		12			1.40	%		13			1.24	%
2009		13			0.83	%		13			0.80	%		14			0.61	%
2010		9			0.27	%		9			0.21	%		10			0.07	%
2011		10			0.05	%		10			0.03	%		2			—	%
2012		3			—	%		—			—	%		—			—	%

Total		100	%		0.54	%		100	%		0.55	%		100	%		0.52	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment—Australia

(Australian dollar amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Paid Claims
Flow	$	66		$	30		$	25		$	29		$	26		$	110
Bulk		—			1			—			1			—			2

Total Paid Claims	$	66		$	31		$	25		$	30		$	26		$	112


Average Paid Claim (in thousands)	$	77.1		$	64.6		$	62.4		$	75.9		$	71.2

Average Reserve Per Delinquency (in thousands)	$	42.2		$	33.7		$	30.0		$	28.2		$	28.5

Loss Metrics

Beginning Reserves	$	266		$	255		$	232		$	216		$	201
Paid claims		(66	)		(31	)		(25	)		(30	)		(26	)
Increase in reserves		131			42			48			46			41

Ending Reserves	$	331		$	266		$	255		$	232		$	216

Loan Amount

Over $550K		11	%		11	%		11	%		11	%		11	%
$400K to $550K		15			15			15			14			14
$250K to $400K		36			36			36			36			36
$100K to $250K		31			31			31			32			32
$100K or Less		7			7			7			7			7

Total		100	%		100	%		100	%		100	%		100	%


Average Primary Loan Size (in thousands)	$	192		$	191		$	191		$	190		$	189
Average Effective Loan-To-Value Ratios By Policy Year⁽¹⁾

2006 and prior		48	%		49	%
2007		67	%		68	%
2008		74	%		74	%
2009		78	%		79	%
2010		85	%		85	%
2011		86	%		86	%
Total Flow		66	%		66	%

Total Bulk		38	%		37	%

Total		63	%		62	%

All amounts presented in Australian dollars.

⁽¹⁾

Loan amounts (including capitalized premiums) reflect interest rates at time of loan origination and estimated scheduled principal repayments since loan origination. Home price estimates based on regional home price appreciation/depreciation data from RP Data (except Tasmania which is from the Australian Bureau of Statistics). All data used in the effective loan-to-value ratio calculation reflects conditions as of the end of the previous quarter. Effective loan-to-value ratios exclude New Zealand and inward reinsurance policies.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment

(amounts in millions)


Risk In-Force by Loan-To-Value Ratio⁽¹⁾	March 31, 2012						December 31, 2011
	Primary		Flow		Bulk		Primary		Flow		Bulk
Canada
95.01% and above	$	33,121	$	33,121	$	—	$	32,098	$	32,098	$	—
90.01% to 95.00%		24,666		24,663		3		24,059		24,056		3
80.01% to 90.00%		17,419		15,569		1,850		16,730		14,983		1,747
80.00% and below		18,970		2,879		16,092		18,571		2,791		15,780

Total Canada	$	94,177	$	76,232	$	17,945	$	91,458	$	73,928	$	17,530

Australia
95.01% and above	$	17,239	$	17,238	$	1	$	16,653	$	16,652	$	1
90.01% to 95.00%		21,505		21,496		9		20,853		20,844		9
80.01% to 90.00%		25,669		25,571		98		25,111		25,014		98
80.00% and below		36,075		26,331		9,744		35,901		26,150		9,751

Total Australia	$	100,487	$	90,635	$	9,852	$	98,518	$	88,660	$	9,859

Other Countries⁽²⁾
95.01% and above	$	812	$	812	$	—	$	794	$	793	$	—
90.01% to 95.00%		2,117		2,048		69		2,051		1,987		65
80.01% to 90.00%		1,401		1,092		309		1,360		1,067		293
80.00% and below		292		253		40		285		247		38

Total Other Countries	$	4,622	$	4,204	$	418	$	4,490	$	4,094	$	396

Amounts may not total due to rounding.

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

⁽²⁾	Other Countries flow and primary risk in-force exclude $134 million and $114 million of risk in-force in Europe ceded under quota share reinsurance agreements as of March 31, 2012 and December 31, 2011, respectively.

U.S. Mortgage Insurance Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

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

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	137		$	140		$	140		$	142		$	142		$	564
Net investment income		23			16			29			26			33			104
Net investment gains (losses)		27			42			2			1			1			46
Insurance and investment product fees and other		2			3			—			1			1			5

Total revenues		189			201			171			170			177			719

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		197			269			251			526			279			1,325
Acquisition and operating expenses, net of deferrals		34			35			41			41			39			156
Amortization of deferred acquisition costs and intangibles		1			1			1			1			2			5

Total benefits and expenses		232			305			293			568			320			1,486

LOSS BEFORE INCOME TAXES		(43	)		(104	)		(122	)		(398	)		(143	)		(767	)
Benefit for income taxes		(17	)		(35	)		(45	)		(144	)		(60	)		(284	)

NET LOSS		(26	)		(69	)		(77	)		(254	)		(83	)		(483	)

ADJUSTMENT TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		(17	)		(27	)		(2	)		(1	)		—			(30	)

NET OPERATING LOSS	$	(43	)	$	(96	)	$	(79	)	$	(255	)	$	(83	)	$	(513	)


Effective tax rate (operating loss)		37.4	%		33.9	%		37.2	%		36.0	%		42.2	%		36.9	%

SALES:
New Insurance Written (NIW)
Flow	$	3,000		$	3,200		$	2,700		$	1,900		$	2,000		$	9,800
Bulk		—			—			—			—			400			400

Total U.S. Mortgage Insurance NIW	$	3,000		$	3,200		$	2,700		$	1,900		$	2,400		$	10,200

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Other Metrics—U.S. Mortgage Insurance Segment

(dollar amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Net Premiums Written	$	142		$	143		$	143		$	145		$	142		$	573

New Risk Written
Flow	$	688		$	710		$	653		$	461		$	439		$	2,263
Bulk		7			1			—			—			27			28

Total Primary		695			711			653			461			466			2,291
Pool		—			—			—			—			—			—

Total New Risk Written	$	695		$	711		$	653		$	461		$	466		$	2,291


Primary Insurance In-Force	$	113,800		$	116,500		$	119,200		$	120,900		$	123,300

Risk In-Force
Flow	$	26,137		$	26,660		$	27,206		$	27,489		$	27,984
Bulk		520			520			534			540			559

Total Primary		26,657			27,180			27,740			28,029			28,543
Pool		239			249			271			278			288

Total Risk In-Force	$	26,896		$	27,429		$	28,011		$	28,307		$	28,831


Primary Risk In-Force Subject To Captives		31	%		33	%		36	%		38	%		41	%

Primary Risk In-Force That Is GSE Conforming		96	%		96	%		96	%		96	%		96	%

GAAP Basis Expense Ratio⁽¹⁾		26	%		26	%		30	%		29	%		29	%		29	%

Adjusted Expense Ratio⁽²⁾		25	%		26	%		30	%		29	%		29	%		28	%

Flow Persistency		81	%		81	%		86	%		86	%		86	%

Gross Written Premiums Ceded To Captives/Total Direct Written Premiums		12	%		13	%		14	%		15	%		17	%

Risk To Capital Ratio⁽³⁾		28.6:1			28.8:1			27.5:1			25.0:1			25.0:1

Average Primary Loan Size (in thousands)	$	164		$	163		$	163		$	162		$	162

Estimated Savings For Loss Mitigation Activities⁽⁴⁾	$	158		$	147		$	168		$	130		$	122		$	567

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

⁽¹⁾	The ratio of an insurer’s general expenses to net earned premiums. In the business, general expenses consist of acquisition and operating expenses, net of deferrals and amortization of DAC and intangibles.

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

⁽³⁾

Certain states limit a private mortgage insurer’s risk in-force to 25 times the total of the insurer’s policyholders’ surplus plus the statutory contingency reserve, commonly known as the “risk to capital” requirement. The U.S. mortgage insurance business maintains new business writing flexibility in all states, supported by risk-to-capital waivers or existing authority to write new business in 44 states in its primary writing entity, with the remaining six states written out of other available entities. The current period risk to capital ratio is an estimate due to the timing of the filing of statutory statements and is prepared consistent with the presentation of the statutory financial statements in the combined annual statement of the U.S. mortgage insurance business.

⁽⁴⁾

Loss mitigation activities include rescissions, cancellations, borrower loan modifications, repayment plans, lender- and borrower-titled pre-sales, claims administration and other loan workouts. Estimated savings for rescissions represent the reduction in carried loss reserves, net of premium refunds and reinstatement of prior rescissions. Estimated savings for loan modifications and other cure related loss mitigation actions represent the reduction in carried loss reserves. For non-cure related actions, including pre-sales, the estimated savings represent the difference between the full claim obligation and the actual amount paid.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Loss Metrics—U.S. Mortgage Insurance Segment

(dollar amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Paid Claims
Flow
Direct	$	283		$	240		$	256		$	239		$	315		$	1,050
Assumed⁽¹⁾		20			26			25			32			30			113
Ceded		(39	)		(45	)		(39	)		(83	)		(109	)		(276	)
Loss adjustment expenses		9			10			11			11			13			45

Total Flow		273			231			253			199			249			932
Bulk		4			6			(2	)		3			3			10

Total Primary		277			237			251			202			252			942
Pool		2			1			1			1			1			4

Total Paid Claims	$	279		$	238		$	252		$	203		$	253		$	946

Average Paid Claim (in thousands)	$	43.6		$	41.0		$	46.9		$	40.8		$	39.7

Average Direct Paid Claim (in thousands)⁽²⁾	$	42.7		$	43.2		$	49.1		$	49.7		$	50.8

Average Reserve Per Delinquency (in thousands)
Flow	$	30.6		$	29.1		$	28.8		$	29.2		$	25.4
Bulk loans with established reserve		24.1			24.2			24.0			23.7			19.9
Bulk loans with no reserve⁽³⁾		—			—			—			—			—
Reserves:
Flow direct case	$	2,087		$	2,199		$	2,227		$	2,256		$	1,995
Bulk direct case		34			36			36			35			34
Assumed⁽¹⁾		60			60			64			64			67
All other⁽⁴⁾		200			193			159			151			124

Total Reserves	$	2,381		$	2,488		$	2,486		$	2,506		$	2,220

Beginning Reserves	$	2,488		$	2,486		$	2,506		$	2,220		$	2,282		$	2,282
Paid claims		(318	)		(282	)		(292	)		(286	)		(362	)		(1,222	)
Increase in reserves		211			284			272			572			300			1,428

Ending Reserves	$	2,381		$	2,488		$	2,486		$	2,506		$	2,220		$	2,488


Beginning Reinsurance Recoverable⁽⁵⁾	$	178		$	207		$	226		$	264		$	351		$	351
Ceded paid claims		(39	)		(44	)		(40	)		(83	)		(109	)		(276	)
Increase in recoverable		14			15			21			45			22			103

Ending Reinsurance Recoverable	$	153		$	178		$	207		$	226		$	264		$	178

Loss Ratio⁽⁶⁾		144	%		189	%		181	%		369	%		197	%		234	%

The loss ratio included above was calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein.

⁽¹⁾	Assumed is comprised of reinsurance arrangements with state governmental housing finance agencies.

⁽²⁾	Average direct paid claim excludes loss adjustment expenses, the impact of reinsurance and a negotiated servicer settlement.

⁽³⁾	Reserves were not established on loans where the company was in a secondary loss position due to an existing deductible and the company believes currently have no risk for claim.

⁽⁴⁾	Other includes loss adjustment expenses, pool and incurred but not reported reserves.

⁽⁵⁾	Reinsurance recoverable excludes ceded unearned premium recoveries and amounts for which cash proceeds have not yet been received.

⁽⁶⁾	The ratio of incurred losses to net earned premiums. Excluding the lender portfolio settlement in the first quarter of 2012, the loss ratio was 137% for the three months ended March 31, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Delinquency Metrics—U.S. Mortgage Insurance Segment

(dollar amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Number of Primary Delinquencies
Flow		76,478			83,931			84,910			84,442			85,758
Bulk loans with an established reserve		1,522			1,592			1,604			1,569			1,814
Bulk loans with no reserve⁽¹⁾		1,474			1,484			1,506			1,453			1,446

Total Number of Primary Delinquencies		79,474			87,007			88,020			87,464			89,018

Beginning Number of Primary Delinquencies		87,007			88,020			87,464			89,018			95,395			95,395
New delinquencies		18,217			22,094			23,493			21,272			23,866			90,725
Delinquency cures		(19,388	)		(17,357	)		(17,595	)		(17,908	)		(23,908	)		(76,768	)
Paid claims		(6,362	)		(5,750	)		(5,342	)		(4,918	)		(6,335	)		(22,345	)

Ending Number of Primary Delinquencies		79,474			87,007			88,020			87,464			89,018			87,007

Composition of Cures
Reported delinquent and cured-intraquarter		3,582			2,851			3,181			2,670			5,195
Number of missed payments delinquent prior to cure:
3 payments or less		10,154			8,835			8,520			8,953			11,454
4 - 11 payments		3,569			3,408			3,584			4,146			5,183
12 payments or more		2,083			2,263			2,310			2,139			2,076

Total		19,388			17,357			17,595			17,908			23,908

Primary Delinquencies by Missed Payment Status
3 payments or less		17,260			22,165			22,444			21,125			20,920
4 - 11 payments		24,137			25,334			25,055			26,969			31,070
12 payments or more		38,077			39,508			40,521			39,370			37,028

Primary Delinquencies		79,474			87,007			88,020			87,464			89,018



	March 31, 2012
Flow Delinquencies and Percentage Reserved by Payment Status	Delinquencies			Direct Case Reserves⁽²⁾			Risk In-Force			Reserves as % of Risk In-Force
3 payments or less in default		16,515		$	153		$	672			23	%
4 - 11 payments in default		23,244			613			1,016			60	%
12 payments or more in default		36,719			1,321			1,805			73	%

Total		76,478		$	2,087		$	3,493			60	%


	December 31, 2011
Flow Delinquencies and Percentage Reserved by Payment Status	Delinquencies			Direct Case Reserves⁽²⁾			Risk In-Force			Reserves as % of Risk In-Force
3 payments or less in default		21,272		$	193		$	835			23	%
4 - 11 payments in default		24,493			646			1,075			60	%
12 payments or more in default		38,166			1,360			1,870			73	%

Total		83,931		$	2,199		$	3,780			58	%

⁽¹⁾	Reserves were not established on loans where the company was in a secondary loss position due to an existing deductible and the company believes currently have no risk for claim.

⁽²⁾	Direct flow case reserves exclude loss adjustment expenses, incurred but not reported and reinsurance reserves.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment


	2012			2011
	1Q			4Q			3Q			2Q			1Q
Risk In-Force by Credit Quality⁽¹⁾
Primary by FICO Scores >679		68	%		67	%		67	%		67	%		66	%
Primary by FICO Scores 620-679		25	%		26	%		26	%		26	%		27	%
Primary by FICO Scores 575-619		5	%		5	%		5	%		5	%		5	%
Primary by FICO Scores <575		2	%		2	%		2	%		2	%		2	%

Flow by FICO Scores >679		67	%		67	%		67	%		66	%		66	%
Flow by FICO Scores 620-679		26	%		26	%		26	%		27	%		27	%
Flow by FICO Scores 575-619		5	%		5	%		5	%		5	%		5	%
Flow by FICO Scores <575		2	%		2	%		2	%		2	%		2	%

Bulk by FICO Scores >679		89	%		89	%		89	%		89	%		89	%
Bulk by FICO Scores 620-679		9	%		9	%		9	%		9	%		9	%
Bulk by FICO Scores 575-619		1	%		1	%		1	%		1	%		1	%
Bulk by FICO Scores <575		1	%		1	%		1	%		1	%		1	%

Primary A minus		4	%		5	%		5	%		5	%		5	%
Primary sub-prime⁽²⁾		5	%		5	%		5	%		5	%		5	%

Primary Loans
Primary loans in-force		693,807			714,467			733,383			746,740			763,439
Primary delinquent loans		79,474			87,007			88,020			87,464			89,018
Primary delinquency rate		11.45	%		12.18	%		12.00	%		11.71	%		11.66	%

Flow loans in-force		616,623			633,246			648,242			658,251			673,276
Flow delinquent loans		76,478			83,931			84,910			84,442			85,758
Flow delinquency rate		12.40	%		13.25	%		13.10	%		12.83	%		12.74	%

Bulk loans in-force		77,184			81,221			85,141			88,489			90,163
Bulk delinquent loans		2,996			3,076			3,110			3,022			3,260
Bulk delinquency rate		3.88	%		3.79	%		3.65	%		3.42	%		3.62	%

A minus and sub-prime loans in-force		65,833			68,487			71,097			73,211			75,421
A minus and sub-prime delinquent loans		17,680			19,884			20,347			20,284			20,656
A minus and sub-prime delinquency rate		26.86	%		29.03	%		28.62	%		27.71	%		27.39	%

Pool Loans
Pool loans in-force		13,942			14,418			16,574			16,943			17,421
Pool delinquent loans		695			778			957			931			913
Pool delinquency rate		4.98	%		5.40	%		5.77	%		5.49	%		5.24	%

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

⁽²⁾	Excludes loans classified as A minus.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment


	March 31, 2012									December 31, 2011									March 31, 2011
	% of Total Reserves⁽¹⁾			% of Primary Risk In-Force			Primary Delinquency Rate			% of Total Reserves⁽¹⁾			% of Primary Risk In-Force			Primary Delinquency Rate			% of Total Reserves⁽¹⁾			% of Primary Risk In-Force			Primary Delinquency Rate
By Region
Southeast⁽²⁾		35	%		22	%		16.25	%		35	%		22	%		17.10	%		34	%		22	%		16.26	%
South Central⁽³⁾		11			16			9.18	%		11			16			10.15	%		13			16			10.01	%
Northeast⁽⁴⁾		13			15			12.38	%		12			14			12.80	%		11			14			11.44	%
North Central⁽⁵⁾		12			12			11.18	%		12			12			11.89	%		12			12			11.06	%
Pacific⁽⁶⁾		12			11			11.64	%		13			11			12.52	%		14			11			13.64	%
Great Lakes⁽⁷⁾		7			9			8.48	%		7			9			9.00	%		7			9			8.44	%
Plains⁽⁸⁾		3			5			7.21	%		3			6			7.87	%		3			6			7.73	%
New England⁽⁹⁾		3			5			10.18	%		3			5			10.59	%		3			5			10.43	%
Mid-Atlantic⁽¹⁰⁾		4			5			10.04	%		4			5			10.73	%		3			5			10.09	%

Total		100	%		100	%		11.45	%		100	%		100	%		12.18	%		100	%		100	%		11.66	%


By State
Florida		24	%		7	%		28.71	%		24	%		7	%		29.30	%		23	%		7	%		28.09	%
New York		5	%		7	%		10.43	%		5	%		7	%		10.66	%		4	%		7	%		9.59	%
Texas		3	%		7	%		7.43	%		3	%		7	%		8.34	%		3	%		7	%		7.63	%
California		6	%		6	%		9.68	%		6	%		6	%		10.86	%		7	%		5	%		12.89	%
Illinois		8	%		5	%		16.08	%		8	%		5	%		16.70	%		8	%		5	%		15.44	%
New Jersey		5	%		4	%		18.98	%		5	%		4	%		19.07	%		4	%		4	%		17.53	%
Georgia		4	%		4	%		13.78	%		4	%		4	%		14.79	%		4	%		4	%		15.12	%
North Carolina		3	%		4	%		10.97	%		3	%		4	%		11.89	%		2	%		4	%		10.73	%
Pennsylvania		2	%		4	%		10.86	%		2	%		4	%		11.85	%		2	%		4	%		10.32	%
Ohio		2	%		3	%		8.47	%		2	%		3	%		8.73	%		2	%		3	%		7.97	%

⁽¹⁾	Total reserves were $2,381 million, $2,488 million and $2,220 million as of March 31, 2012, December 31, 2011 and March 31, 2011, respectively.

⁽²⁾	Alabama, Arkansas, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee.

⁽³⁾	Arizona, Colorado, Louisiana, New Mexico, Oklahoma, Texas and Utah.

⁽⁴⁾	New Jersey, New York and Pennsylvania.

⁽⁵⁾	Illinois, Minnesota, Missouri and Wisconsin.

⁽⁶⁾	Alaska, California, Hawaii, Nevada, Oregon and Washington.

⁽⁷⁾	Indiana, Kentucky, Michigan and Ohio.

⁽⁸⁾	Idaho, Iowa, Kansas, Montana, Nebraska, North Dakota, South Dakota and Wyoming.

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

⁽¹⁰⁾	Delaware, Maryland, Virginia, Washington D.C. and West Virginia.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

(amounts in millions)


Primary Risk In-Force:	March 31, 2012		% of Total			December 31, 2011		% of Total			March 31, 2011		% of Total
Lender concentration (by original applicant)	$	26,657				$	27,180				$	28,543
Top 10 lenders		13,023					13,355					14,322
Top 20 lenders		14,997					15,306					16,366

Loan-to-value ratio
95.01% and above	$	6,803		26	%	$	6,848		25	%	$	7,181		25	%
90.01% to 95.00%		9,416		35			9,563		35			9,875		35
80.01% to 90.00%		9,987		37			10,311		38			10,992		38
80.00% and below		451		2			458		2			495		2

Total	$	26,657		100	%	$	27,180		100	%	$	28,543		100	%

Loan grade
Prime	$	24,196		91	%	$	24,625		91	%	$	25,730		90	%
A minus and sub-prime		2,461		9			2,555		9			2,813		10

Total	$	26,657		100	%	$	27,180		100	%	$	28,543		100	%

Loan type⁽¹⁾
First mortgages
Fixed rate mortgage
Flow	$	25,638		96	%	$	26,133		96	%	$	27,384		96	%
Bulk		501		2			500		2			538		2
Adjustable rate mortgage
Flow		499		2			527		2			600		2
Bulk		19		—			20		—			21		—
Second mortgages		—		—			—		—			—		—

Total	$	26,657		100	%	$	27,180		100	%	$	28,543		100	%

Type of documentation
Alt-A
Flow	$	713		3	%	$	747		3	%	$	837		3	%
Bulk		37		—			38		—			40		—
Standard⁽²⁾
Flow		25,424		95			25,913		95			27,147		95
Bulk		483		2			482		2			519		2

Total	$	26,657		100	%	$	27,180		100	%	$	28,543		100	%

Mortgage term
15 years and under	$	581		2	%	$	534		2	%	$	459		2	%
More than 15 years		26,076		98			26,646		98			28,084		98

Total	$	26,657		100	%	$	27,180		100	%	$	28,543		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 or other lender proprietary approved underwriting systems, and other reduced documentation programs, with historical and expected delinquency rates at origination consistent with historical and expected delinquency rates of the company’s standard portfolio.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

(dollar amounts in millions)


	March 31, 2012
Policy Year	Average Rate⁽¹⁾			% of Total Reserves⁽²⁾			Primary Insurance In-Force		% of Total			Primary Risk In-Force		% of Total
2001 and prior		7.76	%		2.0	%	$	2,365		2.1	%	$	599		2.3	%
2002		6.65	%		1.5			1,823		1.6			453		1.7
2003		5.64	%		3.7			7,572		6.7			1,251		4.7
2004		5.89	%		4.5			5,084		4.5			1,164		4.4
2005		5.97	%		12.7			8,568		7.5			2,223		8.3
2006		6.44	%		19.2			11,547		10.2			2,858		10.7
2007		6.49	%		39.2			25,971		22.8			6,431		24.1
2008		6.07	%		16.8			23,694		20.8			5,907		22.2
2009		5.09	%		0.3			6,489		5.7			1,207		4.5
2010		4.66	%		0.1			8,005		7.0			1,690		6.3
2011		4.43	%		—			9,606		8.4			2,181		8.2
2012		4.01	%		—			3,039		2.7			693		2.6

Total		5.93	%		100.0	%	$	113,763		100.0	%	$	26,657		100.0	%


Occupancy and Property Type	March 31, 2012			December 31, 2011
Occupancy Status % of Primary Risk In-Force
Primary residence		93.9	%		93.9	%
Second home		3.8			3.8
Non-owner occupied		2.3			2.3

Total		100.0	%		100.0	%

Property Type % of Primary Risk In-Force
Single family detached		86.5	%		86.0	%
Condominium and co-operative		11.3			11.3
Multi-family and other		2.2			2.7

Total		100.0	%		100.0	%

⁽¹⁾	Average Annual Mortgage Interest Rate

⁽²⁾	Total reserves were $2,381 million as of March 31, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

(amounts in billions)


	FICO > 679			FICO 620 - 679⁽¹⁾			FICO < 620			Total
	2012			2012			2012			2012
Primary Risk In-Force	1Q			1Q			1Q			1Q
Total Primary Risk In-Force	$	18.1		$	6.8		$	1.8		$	26.7
Delinquency rate⁽²⁾		7.3	%		18.5	%		27.2	%		11.5	%
2012 policy year	$	0.6		$	0.1		$	—		$	0.7
Delinquency rate		—	%		—	%		—	%		—	%
2011 policy year	$	2.0		$	0.2		$	—		$	2.2
Delinquency rate		0.1	%		0.3	%		2.4	%		0.1	%
2010 policy year	$	1.6		$	0.1		$	—		$	1.7
Delinquency rate		0.3	%		1.1	%		6.7	%		0.3	%
2009 policy year	$	1.1		$	0.1		$	—		$	1.2
Delinquency rate		0.8	%		3.3	%		9.3	%		0.9	%
2008 policy year	$	4.5		$	1.2		$	0.2		$	5.9
Delinquency rate		7.2	%		15.5	%		24.7	%		9.6	%
2007 policy year	$	3.6		$	2.1		$	0.7		$	6.4
Delinquency rate		13.0	%		22.4	%		30.5	%		18.2	%
2006 policy year	$	1.6		$	1.0		$	0.3		$	2.9
Delinquency rate		14.1	%		23.1	%		28.3	%		18.6	%
2005 and prior policy year	$	3.1		$	2.0		$	0.6		$	5.7
Delinquency rate		8.6	%		18.4	%		24.2	%		12.8	%
Fixed rate mortgage	$	17.8		$	6.6		$	1.8		$	26.2
Delinquency rate		7.1	%		18.3	%		27.0	%		11.2	%
Adjustable rate mortgage	$	0.3		$	0.2		$	—		$	0.5
Delinquency rate		25.0	%		29.6	%		36.3	%		27.7	%
Loan-to-value > 95%	$	3.8		$	2.3		$	0.7		$	6.8
Delinquency rate		9.0	%		20.3	%		28.8	%		15.3	%
Alt-A⁽³⁾	$	0.5		$	0.2		$	—		$	0.7
Delinquency rate		19.0	%		31.9	%		31.2	%		22.8	%
Interest only and option ARMs	$	1.1		$	0.4		$	0.1		$	1.6
Delinquency rate		28.9	%		37.1	%		41.5	%		31.9	%

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

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

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

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

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

(dollar amounts in millions)


	March 31, 2012			December 31, 2011			March 31, 2011
GSE Alt-A
Risk in-force	$	25		$	25		$	27
Average FICO score		732			732			732
Loan-to-value ratio		80	%		80	%		81	%
Standard documentation⁽¹⁾		12	%		12	%		11	%
Stop loss		100	%		100	%		100	%
Deductible		—	%		—	%		—	%

FHLB
Risk in-force	$	427		$	430		$	459
Average FICO score		758			759			757
Loan-to-value ratio		71	%		70	%		75	%
Standard documentation⁽¹⁾		97	%		97	%		97	%
Stop loss		94	%		94	%		94	%
Deductible		100	%		100	%		100	%

Other
Risk in-force	$	68		$	65		$	73
Average FICO score		697			690			692
Loan-to-value ratio		89	%		91	%		92	%
Standard documentation⁽¹⁾		97	%		96	%		97	%
Stop loss		3	%		4	%		8	%
Deductible		—	%		—	%		—	%
Total Bulk Risk In-Force	$	520		$	520		$	559

⁽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 the standard portfolio.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

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


				March 31, 2012
Book Year⁽²⁾	Original Book Risk In-Force ($B)⁽³⁾		Progression To Attachment Point	Current Risk In-Force ($B)		Ever-To-Date Incurred Losses ($MM)⁽³⁾		Captive Benefits ($MM)
2004			0%-50%	$	—	$	2
2004			50%-75%		—		1
2004			75%-99%		0.2		42
2004			Attached		0.3		81

2004 Total	$	2.7		$	0.5	$	126	$	2

2005			0%-50%	$	—	$	1
2005			50%-75%		—		—
2005			75%-99%		—		—
2005			Attached		0.8		287

2005 Total	$	2.2		$	0.8	$	288		4

2006			0%-50%	$	—	$	1
2006			50%-75%		—		—
2006			75%-99%		—		1
2006			Attached		0.8		379

2006 Total	$	2.0		$	0.8	$	381		—

2007			0%-50%	$	—	$	1
2007			50%-75%		—		—
2007			75%-99%		—		—
2007			Attached		1.5		686

2007 Total	$	2.9		$	1.5	$	687		5

2008			0%-50%	$	—	$	1
2008			50%-75%		—		2
2008			75%-99%		0.2		13
2008			Attached		0.7		173

2008 Total	$	1.7		$	0.9	$	189		3



Captive Benefits In Quarter ($MM)								$	14

⁽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, ever-to-date incurred losses equal current reserves plus ever-to-date 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 risk in-force for that book year.

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

⁽³⁾	Original book risk in-force and ever-to-date incurred losses include amounts for active captive books only.

Corporate and Runoff Division

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Loss—Corporate and Runoff Division

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	1		$	2		$	89		$	84		$	85		$	260
Net investment income		38			49			35			55			33			172
Net investment gains (losses)		7			(36	)		(170	)		(14	)		(14	)		(234	)
Insurance and investment product fees and other		73			142			68			63			66			339

Total revenues		119			157			22			188			170			537

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1			1			86			69			78			234
Interest credited		33			32			34			34			35			135
Acquisition and operating expenses, net of deferrals		49			49			49			46			48			192
Amortization of deferred acquisition costs and intangibles		(1	)		5			35			23			19			82
Goodwill Impairment		—			29			—			—			—			29
Interest expense		62			82			82			87			82			333

Total benefits and expenses		144			198			286			259			262			1,005

LOSS BEFORE INCOME TAXES		(25	)		(41	)		(264	)		(71	)		(92	)		(468	)
Provision (benefit) for income taxes		(15	)		(48	)		(100	)		11			(17	)		(154	)

NET INCOME (LOSS)		(10	)		7			(164	)		(82	)		(75	)		(314	)

ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		(4	)		22			101			8			7			138
Gain on sale of business, net of taxes		—			(36	)		—			—			—			(36	)

NET OPERATING LOSS	$	(14	)	$	(7	)	$	(63	)	$	(74	)	$	(68	)	$	(212	)

Effective tax rate (operating loss)		57.5	%		87.9	%		43.1	%		-22.7	%		15.5	%		31.9	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income (Loss)—Corporate and Runoff Division

(amounts in millions)


Three months ended March 31, 2012	Runoff Segment			Corporate and Other⁽¹⁾			Total
REVENUES:
Premiums	$	1		$	—		$	1
Net investment income		38			—			38
Net investment gains (losses)		42			(35	)		7
Insurance and investment product fees and other		52			21			73

Total revenues		133			(14	)		119

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1			—			1
Interest credited		33			—			33
Acquisition and operating expenses, net of deferrals		19			30			49
Amortization of deferred acquisition costs and intangibles		(4	)		3			(1	)
Interest expense		—			62			62

Total benefits and expenses		49			95			144

INCOME (LOSS) BEFORE INCOME TAXES		84			(109	)		(25	)
Provision (benefit) for income taxes		22			(37	)		(15	)

NET INCOME (LOSS)		62			(72	)		(10	)

ADJUSTMENT TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		(27	)		23			(4	)

NET OPERATING INCOME (LOSS)	$	35		$	(49	)	$	(14	)


Effective tax rate (operating income (loss))		16.9	%		34.1	%		57.5	%

Three months ended March 31, 2011	Runoff Segment			Corporate and Other⁽¹⁾			Total
REVENUES:
Premiums	$	85		$	—		$	85
Net investment income		34			(1	)		33
Net investment gains (losses)		—			(14	)		(14	)
Insurance and investment product fees and other		59			7			66

Total revenues		178			(8	)		170

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		78			—			78
Interest credited		35			—			35
Acquisition and operating expenses, net of deferrals		46			2			48
Amortization of deferred acquisition costs and intangibles		16			3			19
Interest expense		—			82			82

Total benefits and expenses		175			87			262

INCOME (LOSS) BEFORE INCOME TAXES		3			(95	)		(92	)
Provision (benefit) for income taxes		1			(18	)		(17	)

NET INCOME (LOSS)		2			(77	)		(75	)

ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		(1	)		8			7

NET OPERATING INCOME (LOSS)	$	1		$	(69	)	$	(68	)


Effective tax rate (operating income (loss))		17.0	%		15.5	%		15.5	%

⁽¹⁾	Includes inter-segment eliminations and non-core products.

Runoff Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Income (Loss) and Sales—Runoff Segment

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	1		$	2		$	89		$	84		$	85		$	260
Net investment income		38			36			33			37			34			140
Net investment gains (losses)		42			(4	)		(159	)		(11	)		—			(174	)
Insurance and investment product fees and other		52			128			55			57			59			299

Total revenues		133			162			18			167			178			525

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1			1			86			69			78			234
Interest credited		33			32			34			34			35			135
Acquisition and operating expenses, net of deferrals		19			24			35			37			46			142
Amortization of deferred acquisition costs and intangibles		(4	)		2			32			20			16			70
Interest expense		—			1			—			1			—			2

Total benefits and expenses		49			60			187			161			175			583

INCOME (LOSS) BEFORE INCOME TAXES		84			102			(169	)		6			3			(58	)
Provision (benefit) for income taxes		22			54			(70	)		(6	)		1			(21	)

NET INCOME (LOSS)		62			48			(99	)		12			2			(37	)
ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		(27	)		3			92			6			(1	)		100
Gain on sale of business, net of taxes		—			(36	)		—			—			—			(36	)

NET OPERATING INCOME (LOSS)	$	35		$	15		$	(7	)	$	18		$	1		$	27


Effective tax rate (operating income (loss))		16.9	%		72.7	%		76.0	%		-28.8	%		17.0	%		32.9	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Selected Operating Performance Measures—Runoff Segment

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Variable Annuities:
Income Distribution Series
Account value, beginning of the period	$	6,265		$	6,148		$	6,606		$	6,687		$	6,590		$	6,590
Deposits		26			23			30			33			117			203
Surrenders, benefits and product charges		(174	)		(159	)		(171	)		(171	)		(185	)		(686	)

Net flows		(148	)		(136	)		(141	)		(138	)		(68	)		(483	)
Interest credited and investment performance		281			253			(317	)		57			165			158

Account value, end of the period		6,398			6,265			6,148			6,606			6,687			6,265

Traditional Variable Annuities
Account value, net of reinsurance, beginning of the period		1,766			1,735			2,012			2,096			2,078			2,078
Deposits		3			3			4			3			17			27
Surrenders, benefits and product charges		(89	)		(82	)		(73	)		(100	)		(88	)		(343	)

Net flows		(86	)		(79	)		(69	)		(97	)		(71	)		(316	)
Interest credited and investment performance		139			110			(208	)		13			89			4

Account value, net of reinsurance, end of the period		1,819			1,766			1,735			2,012			2,096			1,766

Variable Life Insurance
Account value, beginning of the period		284			272			314			319			313			313
Deposits		3			2			3			3			3			11
Surrenders, benefits and product charges		(8	)		(8	)		(12	)		(11	)		(11	)		(42	)

Net flows		(5	)		(6	)		(9	)		(8	)		(8	)		(31	)
Interest credited and investment performance		26			18			(33	)		3			14			2

Account value, end of the period		305			284			272			314			319			284

Total Variable Annuities	$	8,522		$	8,315		$	8,155		$	8,932		$	9,102		$	8,315



Guaranteed Investment Contracts, Funding Agreements Backing Notes and Funding Agreements:
Account value, beginning of period	$	2,623		$	2,717		$	3,043		$	3,317		$	3,717		$	3,717
Surrenders and benefits		(55	)		(111	)		(341	)		(312	)		(435	)		(1,199	)

Net flows		(55	)		(111	)		(341	)		(312	)		(435	)		(1,199	)
Interest credited		21			21			24			28			33			106
Foreign currency translation		5			(4	)		(9	)		10			2			(1	)

Account value, end of period	$	2,594		$	2,623		$	2,717		$	3,043		$	3,317		$	2,623

Corporate and Other

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Net Operating Loss—Corporate and Other⁽¹⁾

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		—			13			2			18			(1	)		32
Net investment gains (losses)		(35	)		(32	)		(11	)		(3	)		(14	)		(60	)
Insurance and investment product fees and other		21			14			13			6			7			40

Total revenues		(14	)		(5	)		4			21			(8	)		12

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—
Interest credited		—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		30			25			14			9			2			50
Amortization of deferred acquisition costs and intangibles		3			3			3			3			3			12
Goodwill impairment		—			29			—			—			—			29
Interest expense		62			81			82			86			82			331

Total benefits and expenses		95			138			99			98			87			422

LOSS BEFORE INCOME TAXES		(109	)		(143	)		(95	)		(77	)		(95	)		(410	)
Provision (benefit) for income taxes		(37	)		(102	)		(30	)		17			(18	)		(133	)

NET LOSS		(72	)		(41	)		(65	)		(94	)		(77	)		(277	)
ADJUSTMENT TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		23			19			9			2			8			38

NET OPERATING LOSS	$	(49	)	$	(22	)	$	(56	)	$	(92	)	$	(69	)	$	(239	)


Effective tax rate (operating loss)		34.1	%		80.7	%		31.8	%		-23.8	%		15.5	%		32.0	%

⁽¹⁾	Includes inter-segment eliminations and non-core products.

Additional Financial Data

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Investments Summary

(amounts in millions)


		March 31, 2012					December 31, 2011					September 30, 2011					June 30, 2011					March 31, 2011
		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		$	34,598		46	%	$	34,770		46	%	$	34,689		46	%	$	33,127		46	%	$	31,912		45	%
Private fixed maturity securities			9,992		13			9,480		12			9,309		12			9,213		13			9,188		13
Residential mortgage-backed securities⁽¹⁾			5,250		7			5,129		7			4,747		6			4,280		6			3,841		5
Commercial mortgage-backed securities			2,987		4			3,045		4			3,139		4			3,280		5			3,329		5
Other asset-backed securities			2,396		3			2,516		3			2,030		3			1,984		3			2,126		3
Tax-exempt			341		1			503		1			693		1			865		1			924		1
Non-investment grade fixed maturity securities			2,968		4			2,852		4			3,209		4			3,472		5			3,678		5
Equity securities:
Common stocks and mutual funds			384		1			306		—			284		—			263		—			232		—
Preferred stocks			50		—			55		—			70		—			111		—			123		—
Commercial mortgage loans			6,030		8			6,092		8			6,271		8			6,432		9			6,600		9
Restricted commercial mortgage loans related to securitization entities			392		1			411		1			430		1			457		1			485		1
Policy loans			1,555		2			1,549		2			1,556		2			1,542		2			1,480		2
Cash, cash equivalents and short-term investments			4,404		6			5,145		7			3,822		5			2,986		4			3,940		6
Securities lending			93		—			406		1			204		—			554		1			811		1
Other invested assets:	Limited partnerships		352		—			344		—			355		1			346		—			339		—
	Derivatives:
	LTC forward starting swap—cash flow		252		—			648		1			1,515		2			264		—			169		—
	Other cash flow		1		—			—		—			—		—			—		—			192		—
	Fair value		69		—			75		—			93		—			116		—			113		—
	Equity index options—non-qualified		21		—			55		—			62		—			39		—			32		—
	LTC swaptions—non-qualified		—		—			—		—			—		—			—		—			—		—
	Other non-qualified		516		1			707		1			745		1			401		1			395		1
	Trading portfolio		770		1			788		1			639		1			607		1			667		1
	Counterparty collateral		589		1			1,023		1			1,733		2			705		1			745		1
	Restricted other invested assets related to securitization entities		384		1			377		—			377		1			379		1			376		1
	Other		121		—			116		—			106		—			114		—			91		—

Total invested assets and cash		$	74,515		100	%	$	76,392		100	%	$	76,078		100	%	$	71,537		100	%	$	71,788		100	%

Public Fixed Maturity Securities—Credit Quality:
Rating Agency Designation
AAA		$	16,612		37	%	$	17,179		38	%	$	17,035		38	%	$	16,253		37	%	$	15,607		37	%
AA			4,574		10			4,666		10			5,038		11			5,007		12			4,912		11
A			12,542		28			12,577		28			12,499		28			11,870		27			11,363		27
BBB			9,638		21			9,334		21			8,721		19			8,374		19			8,311		20
BB			1,173		3			1,102		2			1,206		3			1,257		3			1,358		3
B			150		—			142		—			233		—			279		1			309		1
CCC and lower			424		1			420		1			449		1			485		1			525		1

Total public fixed maturity securities		$	45,113		100	%	$	45,420		100	%	$	45,181		100	%	$	43,525		100	%	$	42,385		100	%

Private Fixed Maturity Securities—Credit Quality:
Rating Agency Designation
AAA		$	1,581		12	%	$	1,754		14	%	$	1,305		10	%	$	1,372		11	%	$	1,339		11	%
AA			1,122		8			1,079		8			1,072		9			989		8			964		8
A			4,290		32			3,993		31			4,087		32			3,967		31			4,089		32
BBB			5,205		39			4,861		38			4,850		39			4,917		39			4,735		37
BB			966		7			929		7			974		8			1,063		8			1,102		9
B			119		1			125		1			168		1			170		1			175		1
CCC and lower			136		1			134		1			179		1			218		2			209		2

Total private fixed maturity securities		$	13,419		100	%	$	12,875		100	%	$	12,635		100	%	$	12,696		100	%	$	12,613		100	%

⁽¹⁾	The company does not have any material exposure to residential mortgage-backed securities collateralized debt obligations (CDOs).

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Fixed Maturity Securities Summary

(amounts in millions)


	March 31, 2012					December 31, 2011					September 30, 2011					June 30, 2011					March 31, 2011
	Fair Value		% of Total			Fair Value		% of Total			Fair Value		% of Total			Fair Value		% of Total			Fair Value		% of Total
Fixed Maturity Securities—Security Sector:
U.S. government, agencies and government-sponsored enterprises	$	4,574		8	%	$	4,863		8	%	$	4,825		8	%	$	3,682		6	%	$	3,414		6	%
Tax-exempt		341		—			503		1			693		1			865		1			928		2
Foreign government		2,291		4			2,211		4			2,165		4			2,389		4			2,359		4
U.S. corporate		25,207		43			25,258		43			25,368		44			24,047		43			23,753		43
Foreign corporate		14,442		25			13,757		24			13,705		24			14,428		26			13,937		25
Residential mortgage-backed securities		5,852		10			5,695		10			5,380		9			4,983		9			4,600		9
Commercial mortgage-backed securities		3,346		6			3,400		6			3,543		6			3,721		7			3,756		7
Other asset-backed securities		2,479		4			2,608		4			2,137		4			2,106		4			2,251		4

Total fixed maturity securities	$	58,532		100	%	$	58,295		100	%	$	57,816		100	%	$	56,221		100	%	$	54,998		100	%

Corporate Bond Holdings—Industry Sector:
Investment Grade:
Finance and insurance	$	8,138		21	%	$	7,919		21	%	$	8,119		22	%	$	8,253		23	%	$	8,234		23	%
Utilities and energy		8,752		23			8,653		23			8,608		23			8,175		22			7,950		22
Consumer—non-cyclical		4,778		13			4,662		12			4,569		12			4,250		12			4,148		12
Consumer—cyclical		2,183		6			2,088		6			1,976		5			1,830		5			1,773		5
Capital goods		2,345		6			2,388		6			2,485		7			2,282		6			2,191		6
Industrial		2,267		6			2,149		6			1,995		5			1,902		5			1,850		5
Technology and communications		2,630		7			2,522		7			2,443		7			2,377		6			2,250		6
Transportation		1,435		4			1,445		4			1,403		4			1,305		4			1,284		4
Other		5,331		14			5,520		15			5,580		15			6,074		17			5,852		17

Subtotal		37,859		100	%		37,346		100	%		37,178		100	%		36,448		100	%		35,532		100	%

Non-Investment Grade:
Finance and insurance		348		20	%		290		17	%		375		20	%		425		21	%		441		21	%
Utilities and energy		396		22			340		21			322		17			294		15			282		13
Consumer—non-cyclical		142		8			132		8			166		9			209		10			218		10
Consumer—cyclical		76		4			72		4			106		5			123		6			163		8
Capital goods		303		17			303		18			335		17			318		16			325		15
Industrial		280		16			286		17			318		17			356		17			369		17
Technology and communications		165		9			159		10			168		9			183		9			225		10
Transportation		60		3			68		4			88		5			95		5			95		4
Other		20		1			19		1			17		1			24		1			40		2

Subtotal		1,790		100	%		1,669		100	%		1,895		100	%		2,027		100	%		2,158		100	%

Total	$	39,649		100	%	$	39,015		100	%	$	39,073		100	%	$	38,475		100	%	$	37,690		100	%

Fixed Maturity Securities—Contractual Maturity Dates:
Due in one year or less	$	2,958		5	%	$	2,756		5	%	$	2,720		5	%	$	2,857		5	%	$	2,379		4	%
Due after one year through five years		11,183		19			11,225		19			11,172		19			12,103		22			12,248		22
Due after five years through ten years		11,066		19			10,472		18			10,612		18			10,031		18			9,678		18
Due after ten years		21,648		37			22,139		38			22,252		39			20,420		36			20,086		37

Subtotal		46,855		80			46,592		80			46,756		81			45,411		81			44,391		81
Mortgage and asset-backed securities		11,677		20			11,703		20			11,060		19			10,810		19			10,607		19

Total fixed maturity securities	$	58,532		100	%	$	58,295		100	%	$	57,816		100	%	$	56,221		100	%	$	54,998		100	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Commercial Mortgage Loans Summary

(amounts in millions)


	March 31, 2012						December 31, 2011						September 30, 2011						June 30, 2011						March 31, 2011
	Carrying Amount			% of Total			Carrying Amount			% of Total			Carrying Amount			% of Total			Carrying Amount			% of Total			Carrying Amount			% of Total
Geographic Region
South Atlantic	$	1,629			27	%	$	1,631			27	%	$	1,624			27	%	$	1,624			25	%	$	1,577			24	%
Pacific		1,504			25			1,539			25			1,598			25			1,615			25			1,746			26
Middle Atlantic		750			12			734			12			810			13			865			13			880			13
East North Central		544			9			557			9			568			9			577			9			603			9
Mountain		482			8			497			8			500			8			516			8			527			8
New England		385			6			388			6			390			6			422			7			480			7
West North Central		332			5			337			5			344			5			349			5			355			5
West South Central		293			5			298			5			329			5			348			5			305			5
East South Central		157			3			159			3			158			2			169			3			181			3

Subtotal		6,076			100	%		6,140			100	%		6,321			100	%		6,485			100	%		6,654			100	%

Allowance for losses		(49	)					(51	)					(54	)					(57	)					(58	)
Unamortized fees and costs		3						3						4						4						4

Total	$	6,030					$	6,092					$	6,271					$	6,432					$	6,600

Property Type
Retail	$	1,907			31	%	$	1,898			31	%	$	1,889			30	%	$	1,912			30	%	$	1,976			30	%
Industrial		1,688			28			1,707			28			1,736			28			1,753			27			1,745			26
Office		1,553			26			1,590			26			1,647			26			1,757			27			1,822			27
Apartments		626			10			641			10			708			11			718			11			700			11
Mixed use/other		302			5			304			5			341			5			345			5			411			6

Subtotal		6,076			100	%		6,140			100	%		6,321			100	%		6,485			100	%		6,654			100	%

Allowance for losses		(49	)					(51	)					(54	)					(57	)					(58	)
Unamortized fees and costs		3						3						4						4						4

Total	$	6,030					$	6,092					$	6,271					$	6,432					$	6,600

Allowance for Losses on Commercial Mortgage Loans
Beginning balance	$	51					$	54					$	57					$	58					$	59
Provision		—						—						—						3						—
Release		(2	)					(3	)					(3	)					(4	)					(1	)

Ending balance	$	49					$	51					$	54					$	57					$	58

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Commercial Mortgage Loans Summary

(amounts in millions)


	March 31, 2012					December 31, 2011					September 30, 2011					June 30, 2011					March 31, 2011
Loan Size	Principal Balance		% of Total			Principal Balance		% of Total			Principal Balance		% of Total			Principal Balance		% of Total			Principal Balance			% of Total
Under $5 million	$	2,655		44	%	$	2,698		44	%	$	2,810		45	%	$	2,883		44	%	$	2,851			43	%
$5 million but less than $10 million		1,540		25			1,540		25			1,600		25			1,597		25			1,546			23
$10 million but less than $20 million		1,117		18			1,161		19			1,199		19			1,168		18			1,215			18
$20 million but less than $30 million		249		4			225		4			305		5			350		5			296			5
$30 million and over		515		9			516		8			407		6			487		8			747			11

Subtotal		6,076		100	%		6,140		100	%		6,321		100	%		6,485		100	%		6,655			100	%

Net premium/discount		—					—					—					—					(1	)

Total	$	6,076				$	6,140				$	6,321				$	6,485				$	6,654

Commercial Mortgage Loan Information by Vintage as of March 31, 2012

(loan amounts in millions)


Loan Year	Total Recorded Investment ⁽¹⁾		Number of Loans		Average Balance Per Loan		Loan-To-Value⁽²⁾			Delinquent Principal Balance		Number of Delinquent Loans		Average Balance Per Delinquent Loan
2004 and prior	$	1,712		753	$	2		48	%	$	1		1	$	1
2005		1,346		301	$	4		63	%		15		4	$	4
2006		1,198		268	$	4		70	%		—		—	$	—
2007		1,081		178	$	6		75	%		1		1	$	1
2008		265		56	$	5		74	%		4		1	$	4
2009		—		—	$	—		—	%		—		—	$	—
2010		100		17	$	6		62	%		4		2	$	2
2011		293		55	$	5		65	%		—		—	$	—
2012		81		15	$	5		61	%		—		—	$	—

Total	$	6,076		1,643	$	4		63	%	$	25		9	$	3

⁽¹⁾	Total recorded investment reflects the balance sheet carrying value gross of related allowance and the unamortized balance of loan origination fees and costs.

⁽²⁾	Represents weighted-average loan-to-value as of March 31, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

General Account GAAP Net Investment Income Yields

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
GAAP Net Investment Income
Fixed maturity securities—taxable	$	660		$	665		$	669		$	693		$	670		$	2,697
Fixed maturity securities—non-taxable		4			6			8			10			11			35
Commercial mortgage loans		84			92			89			92			92			365
Restricted commercial mortgage loans related to securitization entities		9			10			11			9			10			40
Equity securities		4			3			3			10			3			19
Other invested assets		43			36			31			38			30			135
Limited partnerships		10			(5	)		11			17			4			27
Restricted other invested assets related to securitization entities		—			—			—			—			—			—
Policy loans		31			31			30			30			29			120
Cash, cash equivalents and short-term investments		10			13			12			6			6			37

Gross investment income before expenses and fees		855			851			864			905			855			3,475
Expenses and fees		(23	)		(24	)		(22	)		(24	)		(25	)		(95	)

Net investment income	$	832		$	827		$	842		$	881		$	830		$	3,380

Annualized Yields
Fixed maturity securities—taxable		4.9	%		4.9	%		5.0	%		5.2	%		5.0	%		5.0	%
Fixed maturity securities—non-taxable		3.4	%		3.6	%		3.8	%		4.1	%		4.2	%		4.0	%
Commercial mortgage loans		5.5	%		6.0	%		5.6	%		5.6	%		5.5	%		5.7	%
Restricted commercial mortgage loans related to securitization entities		9.0	%		9.5	%		10.1	%		7.8	%		7.6	%		8.8	%
Equity securities		4.1	%		3.4	%		3.4	%		11.7	%		3.2	%		5.4	%
Other invested assets		15.8	%		14.3	%		13.4	%		15.8	%		11.7	%		13.6	%
Limited partnerships⁽¹⁾		11.5	%		-5.7	%		12.6	%		19.9	%		5.1	%		7.8	%
Restricted other invested assets related to securitization entities		0.0	%		0.0	%		0.2	%		0.2	%		0.3	%		0.0	%
Policy loans		8.0	%		8.0	%		7.7	%		7.9	%		8.0	%		7.9	%
Cash, cash equivalents and short-term investments		0.8	%		1.2	%		1.4	%		0.7	%		0.7	%		1.0	%

Gross investment income before expenses and fees		4.9	%		4.9	%		5.0	%		5.3	%		5.0	%		5.0	%
Expenses and fees		-0.1	%		-0.1	%		-0.1	%		-0.2	%		-0.2	%		-0.1	%

Net investment income		4.8	%		4.8	%		4.9	%		5.1	%		4.8	%		4.9	%

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.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

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

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total

Net realized gains (losses) on available-for-sale securities:
Fixed maturity securities:
U.S. corporate	$	8		$	15		$	4		$	1		$	(3	)	$	17
U.S. government, agencies and government-sponsored enterprises		2			5			1			—			3			9
Foreign corporate		1			(3	)		17			(8	)		(1	)		5
Foreign government		1			1			3			2			—			6
Tax-exempt		(1	)		7			1			(1	)		—			7
Mortgage-backed securities		(2	)		(8	)		(2	)		(1	)		(2	)		(13	)
Asset-backed securities		1			(1	)		—			(1	)		—			(2	)
Equity securities		—			2			—			1			2			5
Foreign exchange		—			(1	)		(1	)		1			—			(1	)

Total net realized gains (losses) on available-for-sale securities		10			17			23			(6	)		(1	)		33

Impairments:
Sub-prime residential mortgage-backed securities		(2	)		(2	)		(1	)		(3	)		(6	)		(12	)
Alt-A residential mortgage-backed securities		(3	)		(3	)		(2	)		(2	)		(4	)		(11	)

Total sub-prime and Alt-A residential mortgage-backed securities		(5	)		(5	)		(3	)		(5	)		(10	)		(23	)

Prime residential mortgage-backed securities		—			(1	)		(3	)		(2	)		(3	)		(9	)
Other mortgage-backed securities		(1	)		(3	)		—			—			—			(3	)
Commercial mortgage-backed securities		(3	)		(3	)		(1	)		(4	)		—			(8	)
Corporate fixed maturity securities		—			—			(27	)		—			(9	)		(36	)
Limited partnerships		—			—			—			(1	)		—			(1	)
Commercial mortgage loans		(1	)		—			—			(4	)		(1	)		(5	)

Total impairments		(10	)		(12	)		(34	)		(16	)		(23	)		(85	)

Net unrealized gains (losses) on trading securities		(17	)		(6	)		7			9			7			17
Derivative instruments		17			2			(50	)		(10	)		(6	)		(64	)
Commercial mortgage loans held-for-sale market valuation allowance		2			2			2			1			(1	)		4
Contingent purchase price valuation change		(1	)		(1	)		(15	)		(1	)		—			(17	)
Net gains (losses) related to securitization entities		22			3			(37	)		(3	)		6			(31	)
Other		—			(1	)		1			—			—			—

Net investment gains (losses), net of taxes		23			4			(103	)		(26	)		(18	)		(143	)
Adjustment for DAC and other intangible amortization and certain benefit reserves, net of taxes		(5	)		(3	)		26			3			3			29
Adjustment for net investment (gains) losses attributable to noncontrolling interests, net of taxes		(2	)		—			(1	)		—			(1	)		(2	)

Net investment gains (losses), net of taxes and other adjustments	$	16		$	1		$	(78	)	$	(23	)	$	(16	)	$	(116	)

Reconciliations of Non-GAAP Measures

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Reconciliation of Operating ROE

(amounts in millions)


Twelve Month Rolling Average ROE	Twelve months ended
	March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011
GAAP Basis ROE
Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the twelve months ended⁽¹⁾	$	37		$	49		$	(302	)	$	(210	)	$	(50	)
Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	10,973		$	10,945		$	10,969		$	11,040		$	11,102
GAAP Basis ROE⁽¹⁾ divided by⁽²⁾		0.3	%		0.4	%		-2.8	%		-1.9	%		-0.5	%

Operating ROE
Net operating income (loss) for the twelve months ended⁽¹⁾	$	85		$	129		$	(159	)	$	(200	)	$	14
Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	10,973		$	10,945		$	10,969		$	11,040		$	11,102
Operating ROE⁽¹⁾divided by⁽²⁾		0.8	%		1.2	%		-1.4	%		-1.8	%		0.1	%

Quarterly Average ROE	Three months ended
	March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011
GAAP Basis ROE
Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the period ended⁽³⁾	$	47		$	142		$	(16	)	$	(136	)	$	59
Average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	11,052		$	10,947		$	10,877		$	10,945		$	10,976
Annualized GAAP Quarterly Basis ROE⁽³⁾ divided by⁽⁴⁾		1.7	%		5.2	%		-0.6	%		-5.0	%		2.2	%

Operating ROE
Net operating income (loss) for the period ended⁽³⁾	$	31		$	105		$	62		$	(113	)	$	75
Quarterly average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	11,052		$	10,947		$	10,877		$	10,945		$	10,976
Annualized Operating Quarterly Basis ROE⁽³⁾ divided by⁽⁴⁾		1.1	%		3.8	%		2.3	%		-4.1	%		2.7	%

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 Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) in average ending Genworth Financial, Inc.’s stockholders equity. Management believes that analysis of operating ROE enhances understanding of the efficiency with which the company deploys its capital. However, operating ROE as defined by the company should not be viewed as a substitute for GAAP net income (loss) available to Genworth Financial, Inc.’s common stockholders divided by average ending Genworth Financial, Inc.’s stockholders’ equity.

⁽¹⁾	The twelve months ended information is derived by adding the four quarters of net income (loss) available to Genworth Financial, Inc.’s common stockholders and net operating income (loss) from page 10 herein.

⁽²⁾	Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss), is derived by averaging ending Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) for the most recent five quarters.

⁽³⁾	Net income (loss) available to Genworth Financial, Inc.’s common stockholders and net operating income (loss) from page 10 herein.

⁽⁴⁾	Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss), is derived by averaging ending Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss).

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Reconciliation of Expense Ratio

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
GAAP Basis Expense Ratio
Acquisition and operating expenses, net of deferrals⁽¹⁾	$	530		$	569		$	581		$	581		$	563		$	2,294
Total revenues⁽²⁾	$	2,426		$	2,624		$	2,521		$	2,655		$	2,568		$	10,368

Expense ratio ⁽¹⁾divided by⁽²⁾		21.8	%		21.7	%		23.0	%		21.9	%		21.9	%		22.1	%

GAAP Basis, As Adjusted—Expense Ratio
Acquisition and operating expenses, net of deferrals	$	530		$	569		$	581		$	581		$	563		$	2,294
Less lifestyle protection insurance business		127			139			143			156			152			590
Less wealth management business		92			93			95			92			92			372

Adjusted acquisition and operating expenses, net of deferrals⁽³⁾	$	311		$	337		$	343		$	333		$	319		$	1,332

Total revenues	$	2,426		$	2,624		$	2,521		$	2,655		$	2,568		$	10,368
Less lifestyle protection insurance business		218			226			245			281			270			1,022
Less wealth management business		112			114			115			114			110			453
Less net investment gains (losses)		34			7			(155	)		(41	)		(30	)		(219	)

Adjusted total revenues⁽⁴⁾	$	2,062		$	2,277		$	2,316		$	2,301		$	2,218		$	9,112

Adjusted expense ratio⁽³⁾ divided by⁽⁴⁾		15.1	%		14.8	%		14.8	%		14.5	%		14.4	%		14.6	%

Non-GAAP Definition for Expense Ratio

The company references the non-GAAP financial measure entitled “expense ratio” as a measure of productivity. The company defines expense ratio as acquisition and operating expenses, net of deferrals, divided by total revenues, excluding the effects of the company’s lifestyle protection insurance and wealth management businesses. The lifestyle protection insurance and wealth management 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.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Reconciliation of Core Premiums

(amounts in millions)


	2012			2011
	1Q			4Q			3Q			2Q			1Q			Total
Reported premiums	$	1,107		$	1,352		$	1,461		$	1,455		$	1,437		$	5,705
Less U.S. Life Insurance—fixed annuities premiums		33			33			22			20			20			95
Less impact of changes in foreign exchange rates		(3	)		7			54			44			10			115

Core premiums	$	1,077		$	1,312		$	1,385		$	1,391		$	1,407		$	5,495

Reported premium percentage change from prior year		-23.0	%		-7.8	%		1.0	%		-1.0	%		-2.2	%		-2.5	%
Core premium percentage change from prior year		-23.5	%		-8.2	%		-2.2	%		-1.6	%		3.0	%		-2.3	%

Non-GAAP Definition for Core Premiums

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

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Reconciliation of Core Yield


		2012			2011
	(Assets—amounts in billions)	1Q			4Q			3Q			2Q			1Q			Total
	Reported—Total Invested Assets and Cash	$	74.5		$	76.4		$	76.1		$	71.5		$	71.8		$	76.4
	Subtract:
	Securities lending		0.1			0.4			0.2			0.6			0.8			0.4
	Unrealized gains (losses)		4.1			5.0			5.7			1.7			1.2			5.0
	Derivative counterparty collateral		0.6			1.0			1.7			0.7			0.7			1.0

	Adjusted end of period invested assets	$	69.7		$	70.0		$	68.5		$	68.5		$	69.1		$	70.0

(A)	Average Invested Assets Used in Reported Yield Calculation	$	69.9		$	69.2		$	68.5		$	68.8		$	68.9		$	68.9
	Subtract:
	Restricted commercial mortgage loans and other invested assets related to securitization entities		0.4			0.4			0.4			0.5			0.5			0.5

(B)	Average Invested Assets Used in Core Yield Calculation		69.5			68.8			68.1			68.3			68.4			68.4
	Subtract:
	Portfolios supporting floating products and non-recourse funding obligations⁽¹⁾		7.5			7.9			8.1			8.3			8.6			8.2

(C)	Average Invested Assets Used in Core Yield (excl. Floating and Non-Recourse Funding) Calculation	$	62.0		$	60.9		$	60.0		$	60.0		$	59.8		$	60.2

	(Income—amounts in millions)

(D)	Reported—Net Investment Income	$	832		$	827		$	842		$	881		$	830		$	3,380
	Subtract:
	Bond calls and commercial mortgage loan prepayments		5			10			8			16			8			42
	Reinsurance⁽²⁾		22			19			21			36			32			108
	Other non-core items⁽³⁾		4			7			3			15			2			27
	Restricted commercial mortgage loans and other invested assets related to securitization entities		5			6			8			5			7			26

(E)	Core Net Investment Income		796			785			802			809			781			3,177
	Subtract:
	Investment income from portfolios supporting floating products and non-recourse funding obligations⁽¹⁾		33			35			33			37			34			139

(F)	Core Net Investment Income (excl. Floating and Non-Recourse Funding)	$	763		$	750		$	769		$	772		$	747		$	3,038

(D) / (A)	Reported Yield		4.76	%		4.78	%		4.92	%		5.12	%		4.82	%		4.91	%
(E) / (B)	Core Yield		4.58	%		4.56	%		4.71	%		4.74	%		4.57	%		4.65	%
(F) / (C)	Core Yield (excl. Floating and Non-Recourse Funding)		4.92	%		4.93	%		5.13	%		5.15	%		5.00	%		5.05	%

Notes:

Columns may not add due to rounding.

Yields have been annualized.

Non-GAAP Definition for Core Yield

The company references the non-GAAP financial measure entitled “core yield” as a measure of investment yield. The company defines core yield as the investment yield adjusted for those items that are not recurring in nature. Management believes that analysis of core yield enhances understanding of the investment yield of the company. However, core yield as defined by the company should not be viewed as a substitute for GAAP investment yield.

⁽¹⁾	Floating products refer to institutional products and the non-recourse funding obligations that support certain term and universal life insurance reserves in the company’s life insurance business.

⁽²⁾	Represents imputed investment income related to reinsurance agreements in the lifestyle protection insurance business.

⁽³⁾	Includes mark-to-market adjustment on assets supporting executive deferred compensation and various other immaterial items.

Corporate Information

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Financial Strength Ratings

The company’s principal life insurance subsidiaries are rated in terms of financial strength by Standard & Poor’s Financial Services LLC (“S&P”), Moody’s Investors Service, Inc. (“Moody’s”), A.M. Best Company, Inc. (“A.M. Best”) and Fitch Ratings (“Fitch”) as follows:


Company	S&P	Moody’s	A.M. Best	Fitch
Genworth Life Insurance Company	A	A2	A	A-
Genworth Life Insurance Company (short-term rating)	A-1	P-1	Not rated	Not rated
Genworth Life and Annuity Insurance Company	A	A2	A	A-
Genworth Life and Annuity Insurance Company (short-term rating)	A -1	P-1	Not rated	Not rated
Genworth Life Insurance Company of New York	A	A2	A	A-

The company’s principal lifestyle protection insurance subsidiaries are rated in terms of financial strength by S&P as follows:


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

The company’s principal mortgage insurance subsidiaries are rated in terms of financial strength by S&P and Moody’s as follows:


Company	S&P	Moody’s
Genworth Mortgage Insurance Corporation	B	Ba1
Genworth Residential Mortgage Insurance Corporation of NC	B	Ba1
Genworth Financial Mortgage Insurance Pty. Limited (Australia)	AA-	A1
Genworth Financial Mortgage Insurance Limited (Europe)	BBB	Not rated
Genworth Financial Mortgage Insurance Company Canada⁽¹⁾	AA-	Not rated
Genworth Seguros de Credito a la Vivienda S.A. de C.V.	mxAA	Aa3.mx

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

The S&P, Moody’s, A.M. Best, Fitch and DBRS ratings included are not designed to be, and do not serve as, measures of protection or valuation offered to investors. These financial strength ratings should not be relied on with respect to making an investment in the company’s securities.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

FIRST QUARTER 2012

Financial Strength Ratings (continued)

S&P states that an insurer rated “AA” (Very Strong) has very strong financial security characteristics that outweigh any vulnerabilities, and is highly likely to have the ability to meet financial commitments. Insurers rated “AA” (Very Strong), “A” (Strong), “BBB” (Good) or “B” (Weak) have very strong, strong, good, or weak financial security characteristics, respectively. The “AA,” “A”, “BBB” and “B” ranges are the second-, third-, fourth- and sixth-highest of nine financial strength rating ranges assigned by S&P, which range from “AAA” to “R.” A plus (+) or minus (-) shows relative standing in a rating category. These suffixes are not added to ratings in the “AAA” category or to ratings below the “CCC” category. Accordingly, the “AA-,” “A,” “A-,” “BBB” and “B” ratings are the fourth-, sixth-, seventh-, ninth- and fifteenth-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 “mxAA” has a very strong capacity to meet its financial commitments relative to that of other Mexican obligors. The “mxAA” rating is the second-highest enterprise credit rating assigned on S&P’s CaVal national scale.

Moody’s states that insurance companies rated “A” (Good) offer good financial security and those rated “Ba” (Questionable) offer questionable financial security. The “A” (Good) and “Ba” (Questionable) ranges are the third- and fifth-highest, respectively, of nine financial strength rating ranges assigned by Moody’s, which range from “Aaa” to “C.” Numeric modifiers are used to refer to the ranking within the group, with 1 being the highest and 3 being the lowest. These modifiers are not added to ratings in the “Aaa” category or to ratings below the “Caa” category. Accordingly, the “A1,” “A2,” “Ba1”, ratings are the fifth-, sixth-, and eleventh-highest, respectively, of Moody’s 21 ratings categories. The 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.

A.M. Best states that the “A” (Excellent) rating is assigned to those companies that have, in its opinion, an excellent ability to meet their ongoing insurance obligations. The “A” (Excellent) rating is the third-highest, of 15 ratings assigned by A.M. Best, which range from “A++” to “F.”

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 nine 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 “B” category. Accordingly, the “A-” rating is the seventh-highest of Fitch’s 19 ratings categories.

DBRS states that long-term obligations rated “AA” are of superior credit quality. The capacity for the payment of financial obligations is considered high and unlikely to be significantly variable to future events. Credit quality differs from “AAA” only to a small degree.

S&P, Moody’s, A.M. Best, Fitch and DBRS review their ratings periodically and the company cannot assure you that it will maintain the current ratings in the future. Other agencies may also rate the company or its insurance subsidiaries on a solicited or an unsolicited basis.

About Genworth Financial

Genworth is a leading financial security company meeting the retirement, longevity and lifestyle protection, investment and mortgage insurance needs of more than 15 million customers, with a presence in more than 25 countries. For more information, visit www.genworth.com.

Inquiries:

Georgette Nicholas, 804-662-2248

Georgette.Nicholas@genworth.com