Financial Supplement for the quarter ended June 30, 2012

Exhibit 99.2

LOGO

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012


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

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

*Quarterly Results*
Net Operating Income and Sales—Insurance and Wealth Management Division		17-32
Net Operating Income (Loss) and Sales—Global Mortgage Insurance Division		34-59
Net Operating Loss and Sales—Corporate and Runoff Division		61-68

*Additional Financial Data*
Investments Summary		70
Fixed Maturity Securities Summary		71
Commercial Mortgage Loans Summary		72-73
General Account GAAP Net Investment Income Yields		74
Net Investment Gains (Losses), Net of Taxes and Other Adjustments—Detail		75

*Reconciliations of Non-GAAP Measures*
Reconciliation of Operating Return On Equity (ROE)		77
Reconciliation of Expense Ratio		78
Reconciliation of Core Premiums		79
Reconciliation of Core Yield		80

*Corporate Information*
Industry Ratings		82-83

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

SECOND QUARTER 2012

Dear Investor,

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

SECOND 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 $15 million after-tax gain related to the sale of the tax and accounting financial advisor unit in the second quarter of 2012 and 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 and six months ended June 30, 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 77 through 80 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

SECOND QUARTER 2012

Financial Highlights

(amounts in millions, except per share data)


Balance Sheet Data	June 30, 2012		March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011
Total Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income	$	11,164	$	11,082	$	11,021	$	10,872	$	10,881
Total accumulated other comprehensive income		4,653		3,656		4,047		3,898		2,082

Total Genworth Financial, Inc.’s stockholders’ equity	$	15,817	$	14,738	$	15,068	$	14,770	$	12,963


Book value per common share	$	32.17	$	29.99	$	30.69	$	30.09	$	26.42
Book value per common share, excluding accumulated other comprehensive income	$	22.71	$	22.55	$	22.45	$	22.15	$	22.17
Common shares outstanding as of the balance sheet date		491.6		491.5		490.9		490.9		490.7

	Twelve months ended
Twelve Month Rolling Average ROE	June 30, 2012		March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011
GAAP Basis ROE		2.3%		0.3%		0.4%		-2.8%		-1.9%
Operating ROE⁽¹⁾		2.5%		0.8%		1.2%		-1.4%		-1.8%

	Three months ended
Quarterly Average ROE	June 30, 2012		March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011
GAAP Basis ROE		2.7%		1.7%		5.2%		-0.6%		-5.0%
Operating ROE⁽¹⁾		2.9%		1.1%		3.8%		2.3%		-4.1%


Basic and Diluted Shares	Three months ended June 30, 2012		Six months ended June 30, 2012
Weighted-average shares used in basic earnings per common share calculations		491.5		491.4
Potentially dilutive securities:
Stock options, restricted stock units and stock appreciation rights		2.4		3.4

Weighted-average shares used in diluted earnings per common share calculations		493.9		494.8

⁽¹⁾	See page 77 herein for a reconciliation of GAAP Basis ROE to Operating ROE.

Second Quarter Results

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Income (Loss)

(amounts in millions)


	Three months ended June 30,						Six months ended June 30,
	2012			2011			2012			2011
REVENUES:
Premiums	$	1,302		$	1,455		$	2,409		$	2,892
Net investment income		846			881			1,678			1,711
Net investment gains (losses)		(34	)		(40	)		1			(68	)
Insurance and investment product fees and other		409			359			861			688

Total revenues		2,523			2,655			4,949			5,223

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,382			1,679			2,614			3,092
Interest credited		194			204			389			405
Acquisition and operating expenses, net of deferrals		502			581			1,032			1,144
Amortization of deferred acquisition costs and intangibles		148			162			420			313
Interest expense		131			134			226			261

Total benefits and expenses		2,357			2,760			4,681			5,215

INCOME (LOSS) BEFORE INCOME TAXES		166			(105	)		268			8
Provision (benefit) for income taxes		57			(5	)		79			15
Effective tax rate		34.3	%		4.8	%		29.5	%		187.5	%

NET INCOME (LOSS)		109			(100	)		189			(7	)
Less: net income attributable to noncontrolling interests		33			36			66			70

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	$	76		$	(136	)	$	123		$	(77	)

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income (Loss) by Segment

(amounts in millions, except per share amounts)


	Three months ended June 30,						Six months ended June 30,
	2012			2011			2012			2011
Insurance and Wealth Management Division
U.S. Life Insurance segment:
Life Insurance	$	30		$	57		$	36		$	99
Long-Term Care		14			18			49			54
Fixed Annuities		20			25			43			39

Total U.S. Life Insurance segment		64			100			128			192
International Protection segment		3			25			8			50
Wealth Management segment		12			13			24			23

Total Insurance and Wealth Management Division		79			138			160			265

Global Mortgage Insurance Division
International Mortgage Insurance segment:
Canada		41			28			78			79
Australia		44			54			23			106
Other Countries		(9	)		(4	)		(18	)		(8	)

Total International Mortgage Insurance segment		76			78			83			177
U.S. Mortgage Insurance segment		(25	)		(255	)		(68	)		(338	)

Total Global Mortgage Insurance Division		51			(177	)		15			(161	)

Corporate and Runoff Division
Runoff segment		(6	)		18			29			19
Corporate and Other		(44	)		(92	)		(93	)		(161	)

Total Corporate and Runoff Division		(50	)		(74	)		(64	)		(142	)

NET OPERATING INCOME (LOSS)		80			(113	)		111			(38	)

ADJUSTMENTS TO NET OPERATING INCOME (LOSS):
Net investment gains (losses), net of taxes and other adjustments⁽¹⁾		(19	)		(23	)		(3	)		(39	)
Gain on sale of business, net of taxes		15			—			15			—

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		76			(136	)		123			(77	)
Add: net income attributable to noncontrolling interests		33			36			66			70

NET INCOME (LOSS)	$	109		$	(100	)	$	189		$	(7	)

Earnings (Loss) Per Share Data:

Net income (loss) available to Genworth Financial, Inc.’s common stockholders per common share
Basic	$	0.16		$	(0.28	)	$	0.25		$	(0.16	)
Diluted	$	0.16		$	(0.28	)	$	0.25		$	(0.16	)

Net operating income (loss) per common share
Basic	$	0.16		$	(0.23	)	$	0.23		$	(0.08	)
Diluted	$	0.16		$	(0.23	)	$	0.22		$	(0.08	)

Weighted-average shares outstanding
Basic		491.5			490.6			491.4			490.4
Diluted		493.9			490.6			494.8			490.4

⁽¹⁾	See page 75 for details on net investment gains (losses), net of taxes and other adjustments.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Consolidated Net Income (Loss) by Quarter

(amounts in millions, except per share amounts)


	2012							2011
	2Q			1Q		Total		4Q		3Q			2Q			1Q			Total
REVENUES:
Premiums	$	1,302		$	1,107	$	2,409	$	1,352	$	1,461		$	1,455		$	1,437		$	5,705
Net investment income		846			832		1,678		827		842			881			830			3,380
Net investment gains (losses)		(34	)		35		1		5		(157	)		(40	)		(28	)		(220	)
Insurance and investment product fees and other		409			452		861		440		375			359			329			1,503

Total revenues		2,523			2,426		4,949		2,624		2,521			2,655			2,568			10,368

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,382			1,232		2,614		1,392		1,457			1,679			1,413			5,941
Interest credited		194			195		389		195		194			204			201			794
Acquisition and operating expenses, net of deferrals		502			530		1,032		569		581			581			563			2,294
Amortization of deferred acquisition costs and intangibles		148			272		420		133		152			162			151			598
Goodwill impairment		—			—		—		29		—			—			—			29
Interest expense		131			95		226		121		124			134			127			506

Total benefits and expenses		2,357			2,324		4,681		2,439		2,508			2,760			2,455			10,162

INCOME (LOSS) BEFORE INCOME TAXES		166			102		268		185		13			(105	)		113			206
Provision (benefit) for income taxes		57			22		79		10		(7	)		(5	)		20			18

NET INCOME (LOSS)		109			80		189		175		20			(100	)		93			188
Less: net income attributable to noncontrolling interests		33			33		66		33		36			36			34			139

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS	$	76		$	47	$	123	$	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	$	0.16		$	0.09	$	0.25	$	0.29	$	(0.03	)	$	(0.28	)	$	0.12		$	0.10
Diluted	$	0.16		$	0.09	$	0.25	$	0.29	$	(0.03	)	$	(0.28	)	$	0.12		$	0.10

Weighted-average shares outstanding
Basic		491.5			491.2		491.4		490.9		490.8			490.6			490.1			490.6
Diluted		493.9			495.7		494.8		492.7		490.8			490.6			494.4			493.5

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income (Loss) by Segment by Quarter

(amounts in millions, except per share amounts)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Insurance and Wealth Management Division
U.S. Life Insurance segment:
Life Insurance	$	30		$	6		$	36		$	48		$	64		$	57		$	42		$	211
Long-Term Care		14			35			49			28			17			18			36			99
Fixed Annuities		20			23			43			18			21			25			14			78

Total U.S. Life Insurance segment		64			64			128			94			102			100			92			388
International Protection segment		3			5			8			19			22			25			25			91
Wealth Management segment		12			12			24			12			12			13			10			47

Total Insurance and Wealth Management Division		79			81			160			125			136			138			127			526

Global Mortgage Insurance Division
International Mortgage Insurance segment:
Canada		41			37			78			40			40			28			51			159
Australia		44			(21	)		23			54			36			54			52			196
Other Countries		(9	)		(9	)		(18	)		(11	)		(8	)		(4	)		(4	)		(27	)

Total International Mortgage Insurance segment		76			7			83			83			68			78			99			328
U.S. Mortgage Insurance segment		(25	)		(43	)		(68	)		(96	)		(79	)		(255	)		(83	)		(513	)

Total Global Mortgage Insurance Division		51			(36	)		15			(13	)		(11	)		(177	)		16			(185	)

Corporate and Runoff Division
Runoff segment		(6	)		35			29			15			(7	)		18			1			27
Corporate and Other		(44	)		(49	)		(93	)		(22	)		(56	)		(92	)		(69	)		(239	)

Total Corporate and Runoff Division		(50	)		(14	)		(64	)		(7	)		(63	)		(74	)		(68	)		(212	)

NET OPERATING INCOME (LOSS)		80			31			111			105			62			(113	)		75			129

ADJUSTMENTS TO NET OPERATING INCOME (LOSS):
Net investment gains (losses), net of taxes and other adjustments		(19	)		16			(3	)		1			(78	)		(23	)		(16	)		(116	)
Gain on sale of business, net of taxes		15			—			15			36			—			—			—			36

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		76			47			123			142			(16	)		(136	)		59			49
Add: net income attributable to noncontrolling interests		33			33			66			33			36			36			34			139

NET INCOME (LOSS)	$	109		$	80		$	189		$	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	$	0.16		$	0.09		$	0.25		$	0.29		$	(0.03	)	$	(0.28	)	$	0.12		$	0.10
Diluted	$	0.16		$	0.09		$	0.25		$	0.29		$	(0.03	)	$	(0.28	)	$	0.12		$	0.10

Net operating income (loss) per common share
Basic	$	0.16		$	0.06		$	0.23		$	0.21		$	0.13		$	(0.23	)	$	0.15		$	0.26
Diluted	$	0.16		$	0.06		$	0.22		$	0.21		$	0.13		$	(0.23	)	$	0.15		$	0.26

Weighted-average shares outstanding
Basic		491.5			491.2			491.4			490.9			490.8			490.6			490.1			490.6
Diluted⁽¹⁾		493.9			495.7			494.8			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

SECOND QUARTER 2012

Consolidated Balance Sheets

(amounts in millions)


	June 30, 2012		March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011
ASSETS
Investments:
Fixed maturity securities available-for-sale, at fair value	$	59,791	$	58,532	$	58,295	$	57,816	$	56,221
Equity securities available-for-sale, at fair value		431		434		361		354		374
Commercial mortgage loans		5,875		6,030		6,092		6,271		6,432
Restricted commercial mortgage loans related to securitization entities		382		392		411		430		457
Policy loans		1,619		1,555		1,549		1,556		1,542
Other invested assets		4,512		3,001		4,819		5,626		3,301
Restricted other invested assets related to securitization entities		391		384		377		377		379

Total investments		73,001		70,328		71,904		72,430		68,706
Cash and cash equivalents		3,874		4,187		4,488		3,648		2,831
Accrued investment income		652		759		691		725		693
Deferred acquisition costs		5,023		5,060		5,193		5,225		5,249
Intangible assets		519		573		580		629		695
Goodwill		1,218		1,256		1,253		1,326		1,333
Reinsurance recoverable		17,177		17,193		16,998		16,995		17,013
Other assets		1,039		981		958		1,002		988
Deferred tax asset		—		—		—		—		1,303
Separate account assets		10,033		10,646		10,122		9,794		11,452

Total assets	$	112,536	$	110,983	$	112,187	$	111,774	$	110,263

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Consolidated Balance Sheets

(amounts in millions)


	June 30, 2012			March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	32,825		$	32,380		$	32,175		$	31,948		$	31,375
Policyholder account balances		26,160			26,204			26,345			26,480			26,115
Liability for policy and contract claims		7,552			7,663			7,620			7,379			7,327
Unearned premiums		4,156			4,209			4,223			4,176			4,529
Other liabilities		5,790			5,308			6,308			6,755			5,637
Borrowings related to securitization entities		375			383			396			414			452
Non-recourse funding obligations		2,598			2,602			3,256			3,280			3,374
Long-term borrowings		4,865			5,095			4,726			4,708			4,755
Deferred tax liability		1,216			610			838			994			1,172
Separate account liabilities		10,033			10,646			10,122			9,794			11,452

Total liabilities		95,570			95,100			96,009			95,928			96,188

Stockholders’ equity:
Common stock		1			1			1			1			1
Additional paid-in capital		12,156			12,150			12,136			12,129			12,122

Accumulated other comprehensive income (loss):
Net unrealized investment gains (losses):
Net unrealized gains on securities not other-than-temporarily impaired		2,132			1,438			1,617			1,607			380
Net unrealized gains (losses) on other-than-temporarily impaired securities		(116	)		(111	)		(132	)		(126	)		(116	)

Net unrealized investment gains (losses)		2,016			1,327			1,485			1,481			264

Derivatives qualifying as hedges		2,087			1,680			2,009			1,960			943
Foreign currency translation and other adjustments		550			649			553			457			875

Total accumulated other comprehensive income		4,653			3,656			4,047			3,898			2,082
Retained earnings		1,707			1,631			1,584			1,442			1,458
Treasury stock, at cost		(2,700	)		(2,700	)		(2,700	)		(2,700	)		(2,700	)

Total Genworth Financial, Inc.’s stockholders’ equity		15,817			14,738			15,068			14,770			12,963
Noncontrolling interests		1,149			1,145			1,110			1,076			1,112

Total stockholders’ equity		16,966			15,883			16,178			15,846			14,075

Total liabilities and stockholders’ equity	$	112,536		$	110,983		$	112,187		$	111,774		$	110,263

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Consolidated Balance Sheet by Segment

(amounts in millions)


	June 30, 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	$	55,762	$	1,790	$	30	$	9,339	$	2,438		$	4,059		$	4,109		$	77,527
Deferred acquisition costs and intangible assets		5,353		349		372		238		18			389			41			6,760
Reinsurance recoverable		16,054		25		—		8		145			945			—			17,177
Deferred tax and other assets		420		149		55		205		54			28			128			1,039
Separate account assets		—		—		—		—		—			10,033			—			10,033

Total assets	$	77,589	$	2,313	$	457	$	9,790	$	2,655		$	15,454		$	4,278		$	112,536

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future policy benefits	$	32,818	$	—	$	—	$	—	$	—		$	7		$	—		$	32,825
Policyholder account balances		21,181		17		—		—		—			4,962			—			26,160
Liability for policy and contract claims		4,596		115		—		581		2,234			26			—			7,552
Unearned premiums		580		545		—		2,902		118			11			—			4,156
Non-recourse funding obligations		2,628		—		—		—		—			—			(30	)		2,598
Deferred tax and other liabilities		4,926		510		33		595		(791	)		17			1,716			7,006
Borrowings and capital securities		—		—		—		561		—			7			4,672			5,240
Separate account liabilities		—		—		—		—		—			10,033			—			10,033

Total liabilities		66,729		1,187		33		4,639		1,561			15,063			6,358			95,570

Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income (loss)		6,714		1,109		424		3,202		1,086			531			(1,902	)		11,164
Allocated accumulated other comprehensive income (loss)		4,146		17		—		800		8			(140	)		(178	)		4,653

Total Genworth Financial, Inc.’s stockholders’ equity		10,860		1,126		424		4,002		1,094			391			(2,080	)		15,817
Noncontrolling interests		—		—		—		1,149		—			—			—			1,149

Total stockholders’ equity		10,860		1,126		424		5,151		1,094			391			(2,080	)		16,966

Total liabilities and stockholders’ equity	$	77,589	$	2,313	$	457	$	9,790	$	2,655		$	15,454		$	4,278		$	112,536

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

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND 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

SECOND 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 March 31, 2012	$	4,562		$	257		$	—	$	161		$	7	$	385		$	—	$	5,372
Costs deferred		119			18			—		16			1		1			—		155
Amortization, net of interest accretion		(70	)		(26	)		—		(14	)		—		(15	)		—		(125	)
Impact of foreign currency translation		—			(12	)		—		(3	)		—		—			—		(15	)

Unamortized balance as of June 30, 2012		4,611			237			—		160			8		371			—		5,387
Effect of accumulated net unrealized investment (gains) losses		(354	)		—			—		—			—		(10	)		—		(364	)

Balance as of June 30, 2012	$	4,257		$	237		$	—	$	160		$	8	$	361		$	—	$	5,023

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

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

Insurance and Wealth Management Division

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income—Insurance and Wealth Management Division

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	907		$	722		$	1,629		$	950		$	959		$	961		$	948		$	3,818
Net investment income		687			674			1,361			666			675			701			669			2,711
Net investment gains (losses)		(20	)		(1	)		(21	)		(2	)		(21	)		(32	)		(19	)		(74	)
Insurance and investment product fees and other		314			377			691			292			307			290			261			1,150

Total revenues		1,888			1,772			3,660			1,906			1,920			1,920			1,859			7,605

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,079			827			1,906			999			1,001			977			947			3,924
Interest credited		160			162			322			163			160			170			166			659
Acquisition and operating expenses, net of deferrals		359			388			747			425			426			431			416			1,698
Amortization of deferred acquisition costs and intangibles		110			255			365			112			100			120			113			445
Interest expense		38			23			61			29			33			41			39			142

Total benefits and expenses		1,746			1,655			3,401			1,728			1,720			1,739			1,681			6,868

INCOME BEFORE INCOME TAXES		142			117			259			178			200			181			178			737
Provision for income taxes		59			41			100			57			64			62			61			244

NET INCOME		83			76			159			121			136			119			117			493

ADJUSTMENTS TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		11			5			16			4			—			19			10			33
Gain on sale of business, net of taxes		(15	)		—			(15	)		—			—			—			—			—

NET OPERATING INCOME	$	79		$	81		$	160		$	125		$	136		$	138		$	127		$	526


Effective tax rate (operating income)⁽¹⁾		34.9	%		35.4	%		35.1	%		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

SECOND QUARTER 2012

Net Operating Income—Insurance and Wealth Management Division

(amounts in millions)


	U.S. Life Insurance Segment
Three months ended June 30, 2012	Life Insurance			Long-Term Care			Fixed Annuities			Total U.S. Life Insurance Segment			International Protection Segment			Wealth Management Segment			Total
REVENUES:
Premiums	$	189		$	529		$	15		$	733		$	174		$	—		$	907
Net investment income		130			266			255			651			36			—			687
Net investment gains (losses)		(9	)		—			(12	)		(21	)		1			—			(20	)
Insurance and investment product fees and other		188			2			2			192			—			122			314

Total revenues		498			797			260			1,555			211			122			1,888

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		281			654			103			1,038			41			—			1,079
Interest credited		65			—			95			160			—			—			160
Acquisition and operating expenses, net of deferrals		55			96			18			169			126			64			359
Amortization of deferred acquisition costs and intangibles		37			24			21			82			27			1			110
Interest expense		23			1			—			24			14			—			38

Total benefits and expenses		461			775			237			1,473			208			65			1,746

INCOME BEFORE INCOME TAXES		37			22			23			82			3			57			142
Provision for income taxes		13			8			8			29			—			30			59

NET INCOME		24			14			15			53			3			27			83
ADJUSTMENTS TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		6			—			5			11			—			—			11
Gain on sale of business, net of taxes		—			—			—			—			—			(15	)		(15	)

NET OPERATING INCOME	$	30		$	14		$	20		$	64		$	3		$	12		$	79


Effective tax rate (operating income)		35.7	%		38.4	%		35.3	%		36.1	%		-5.8	%		35.3	%		34.9	%

	U.S. Life Insurance Segment
Three months ended June 30, 2011	Life Insurance			Long-Term Care			Fixed Annuities			Total U.S. Life Insurance Segment			International Protection Segment			Wealth Management Segment			Total
REVENUES:
Premiums	$	222		$	496		$	20		$	738		$	223		$	—		$	961
Net investment income		141			240			267			648			53			—			701
Net investment gains (losses)		(15	)		(8	)		(10	)		(33	)		1			—			(32	)
Insurance and investment product fees and other		170			1			1			172			4			114			290

Total revenues		518			729			278			1,525			281			114			1,920

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		254			583			105			942			35			—			977
Interest credited		69			—			101			170			—			—			170
Acquisition and operating expenses, net of deferrals		60			105			18			183			156			92			431
Amortization of deferred acquisition costs and intangibles		36			19			22			77			42			1			120
Interest expense		25			—			—			25			16			—			41

Total benefits and expenses		444			707			246			1,397			249			93			1,739

INCOME BEFORE INCOME TAXES		74			22			32			128			32			21			181
Provision for income taxes		27			9			11			47			7			8			62

NET INCOME		47			13			21			81			25			13			119
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		10			5			4			19			—			—			19

NET OPERATING INCOME	$	57		$	18		$	25		$	100		$	25		$	13		$	138


Effective tax rate (operating income)		37.0	%		39.2	%		33.1	%		36.5	%		20.9	%		36.4	%		34.1	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income—Insurance and Wealth Management Division

(amounts in millions)


	U.S. Life Insurance Segment
Six months ended June 30, 2012	Life Insurance			Long-Term Care			Fixed Annuities			Total U.S. Life Insurance Segment			International Protection Segment			Wealth Management Segment			Total
REVENUES:
Premiums	$	178		$	1,050		$	48		$	1,276		$	353		$	—		$	1,629
Net investment income		259			521			509			1,289			72			—			1,361
Net investment gains (losses)		(14	)		(2	)		(7	)		(23	)		2			—			(21	)
Insurance and investment product fees and other		448			3			4			455			2			234			691

Total revenues		871			1,572			554			2,997			429			234			3,660

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		346			1,255			223			1,824			82			—			1,906
Interest credited		130			—			192			322			—			—			322
Acquisition and operating expenses, net of deferrals		110			194			34			338			253			156			747
Amortization of deferred acquisition costs and intangibles		209			46			50			305			58			2			365
Interest expense		35			1			—			36			25			—			61

Total benefits and expenses		830			1,496			499			2,825			418			158			3,401

INCOME BEFORE INCOME TAXES		41			76			55			172			11			76			259
Provision for income taxes		14			28			19			61			2			37			100

NET INCOME		27			48			36			111			9			39			159
ADJUSTMENTS TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		9			1			7			17			(1	)		—			16
Gain on sale of business, net of taxes		—			—			—			—			—			(15	)		(15	)

NET OPERATING INCOME	$	36		$	49		$	43		$	128		$	8		$	24		$	160


Effective tax rate (operating income)		34.8	%		37.0	%		35.5	%		35.9	%		12.8	%		36.7	%		35.1	%

	U.S. Life Insurance Segment
Six months ended June 30, 2011	Life Insurance			Long-Term Care			Fixed Annuities			Total U.S. Life Insurance Segment			International Protection Segment			Wealth Management Segment			Total
REVENUES:
Premiums	$	444		$	987		$	40		$	1,471		$	438		$	—		$	1,909
Net investment income		271			469			529			1,269			101			—			1,370
Net investment gains (losses)		(15	)		(16	)		(23	)		(54	)		3			—			(51	)
Insurance and investment product fees and other		313			2			3			318			9			224			551

Total revenues		1,013			1,442			549			3,004			551			224			3,779

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		516			1,126			215			1,857			67			—			1,924
Interest credited		132			—			204			336			—			—			336
Acquisition and operating expenses, net of deferrals		106			209			40			355			308			184			847
Amortization of deferred acquisition costs and intangibles		69			39			45			153			78			2			233
Interest expense		51			—			—			51			29			—			80

Total benefits and expenses		874			1,374			504			2,752			482			186			3,420

INCOME BEFORE INCOME TAXES		139			68			45			252			69			38			359
Provision for income taxes		50			25			16			91			17			15			123

NET INCOME		89			43			29			161			52			23			236
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		10			11			10			31			(2	)		—			29

NET OPERATING INCOME	$	99		$	54		$	39		$	192		$	50		$	23		$	265


Effective tax rate (operating income)		36.1	%		36.6	%		34.0	%		35.9	%		23.6	%		39.1	%		34.1	%

U.S. Life Insurance Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income—U.S. Life Insurance Segment

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q		3Q			2Q			1Q			Total
REVENUES:
Premiums	$	733		$	543		$	1,276		$	758	$	750		$	738		$	733		$	2,979
Net investment income		651			638			1,289			632		637			648			621			2,538
Net investment gains (losses)		(21	)		(2	)		(23	)		—		(19	)		(33	)		(21	)		(73	)
Insurance and investment product fees and other		192			263			455			176		192			172			146			686

Total revenues		1,555			1,442			2,997			1,566		1,560			1,525			1,479			6,130

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,038			786			1,824			968		964			942			915			3,789
Interest credited		160			162			322			163		160			170			166			659
Acquisition and operating expenses, net of deferrals		169			169			338			193		188			183			172			736
Amortization of deferred acquisition costs and intangibles		82			223			305			77		67			77			76			297
Interest expense		24			12			36			26		27			25			26			104

Total benefits and expenses		1,473			1,352			2,825			1,427		1,406			1,397			1,355			5,585

INCOME BEFORE INCOME TAXES		82			90			172			139		154			128			124			545
Provision for income taxes		29			32			61			48		50			47			44			189

NET INCOME		53			58			111			91		104			81			80			356

ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		11			6			17			3		(2	)		19			12			32

NET OPERATING INCOME	$	64		$	64		$	128		$	94	$	102		$	100		$	92		$	388


Effective tax rate (operating income)		36.1%			35.6%			35.9%			34.9%		32.3%			36.5%			35.2%			34.7%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	189		$	(11	)	$	178		$	205		$	215		$	222		$	222		$	864
Net investment income		130			129			259			131			132			141			130			534
Net investment gains (losses)		(9	)		(5	)		(14	)		(13	)		(4	)		(15	)		—			(32	)
Insurance and investment product fees and other		188			260			448			174			189			170			143			676

Total revenues		498			373			871			497			532			518			495			2,042

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		281			65			346			260			258			254			262			1,034
Interest credited		65			65			130			64			59			69			63			255
Acquisition and operating expenses, net of deferrals		55			55			110			55			62			60			46			223
Amortization of deferred acquisition costs and intangibles		37			172			209			29			34			36			33			132
Interest expense		23			12			35			26			26			25			26			103

Total benefits and expenses		461			369			830			434			439			444			430			1,747

INCOME BEFORE INCOME TAXES		37			4			41			63			93			74			65			295
Provision for income taxes		13			1			14			24			31			27			23			105

NET INCOME		24			3			27			39			62			47			42			190

ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		6			3			9			9			2			10			—			21

NET OPERATING INCOME⁽¹⁾	$	30		$	6		$	36		$	48		$	64		$	57		$	42		$	211


Effective tax rate (operating income)		35.7	%		30.3	%		34.8	%		37.8	%		33.1	%		37.0	%		35.0	%		35.6	%

SALES:
Sales by Product:
Term Life	$	—		$	—		$	—		$	—		$	1		$	—		$	—		$	1
Term Universal Life		32			31			63			31			33			35			30			129
Universal Life		19			16			35			16			14			13			15			58
Linked-Benefits		3			3			6			2			2			3			2			9

Total Sales	$	54		$	50		$	104		$	49		$	50		$	51		$	47		$	197

Sales by Distribution Channel:
Financial Intermediaries	$	1		$	2		$	3		$	1		$	2		$	1		$	2		$	6
Independent Producers		52			48			100			47			48			49			45			189
Dedicated Sales Specialist		1			—			1			1			—			1			—			2

Total Sales	$	54		$	50		$	104		$	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.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Life Insurance In-Force

(amounts in millions)


	2012				2011
	2Q		1Q		4Q		3Q		2Q		1Q
Term and Whole Life Insurance
Life insurance in-force, net of reinsurance	$	387,333	$	391,870	$	439,743	$	444,861	$	449,806	$	454,704
Life insurance in-force before reinsurance	$	554,019	$	561,186	$	568,261	$	575,689	$	583,007	$	590,569

Term Universal Life Insurance
Life insurance in-force, net of reinsurance	$	119,687	$	112,906	$	99,753	$	87,238	$	73,569	$	58,371
Life insurance in-force before reinsurance	$	127,640	$	113,737	$	100,476	$	87,896	$	74,107	$	58,811

Universal Life Insurance
Life insurance in-force, net of reinsurance	$	43,232	$	42,734	$	42,363	$	42,015	$	41,737	$	41,543
Life insurance in-force before reinsurance	$	50,083	$	49,527	$	49,204	$	48,199	$	47,990	$	47,831

Total Life Insurance
Life insurance in-force, net of reinsurance	$	550,252	$	547,510	$	581,859	$	574,114	$	565,112	$	554,618
Life insurance in-force before reinsurance	$	731,742	$	724,450	$	717,941	$	711,784	$	705,104	$	697,211

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	529		$	521		$	1,050		$	520		$	513		$	496		$	491		$	2,020
Net investment income		266			255			521			246			244			240			229			959
Net investment gains (losses)		—			(2	)		(2	)		8			27			(8	)		(8	)		19
Insurance and investment product fees and other		2			1			3			1			1			1			1			4

Total revenues		797			775			1,572			775			785			729			713			3,002

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		654			601			1,255			593			605			583			543			2,324
Interest credited		—			—			—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		96			98			194			113			110			105			104			432
Amortization of deferred acquisition costs and intangibles		24			22			46			22			19			19			20			80
Interest expense		1			—			1			—			1			—			—			1

Total benefits and expenses		775			721			1,496			728			735			707			667			2,837

INCOME BEFORE INCOME TAXES		22			54			76			47			50			22			46			165
Provision for income taxes		8			20			28			14			15			9			16			54

NET INCOME		14			34			48			33			35			13			30			111
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		—			1			1			(5	)		(18	)		5			6			(12	)

NET OPERATING INCOME	$	14		$	35		$	49		$	28		$	17		$	18		$	36		$	99


Effective tax rate (operating income)		38.4	%		36.5	%		37.0	%		29.1	%		22.3	%		39.2	%		35.2	%		32.4	%
SALES:
Sales by Distribution Channel:
Financial Intermediaries	$	5		$	5		$	10		$	6		$	6		$	5		$	5		$	22
Independent Producers		35			28			63			35			34			31			29			129
Dedicated Sales Specialist		13			12			25			15			14			14			12			55

Total Individual Long-Term Care		53			45			98			56			54			50			46			206
Group Long-Term Care		7			3			10			9			—			2			2			13

Total Sales	$	60		$	48		$	108		$	65		$	54		$	52		$	48		$	219


RATIOS:
Loss Ratio⁽¹⁾		74.2	%		66.4	%		70.3	%		67.1	%		71.4	%		70.4	%		64.5	%		68.4	%
Gross Benefits Ratio⁽²⁾		124.1	%		115.1	%		119.6	%		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

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	15		$	33		$	48		$	33		$	22		$	20		$	20		$	95
Net investment income		255			254			509			255			261			267			262			1,045
Net investment gains (losses)		(12	)		5			(7	)		5			(42	)		(10	)		(13	)		(60	)
Insurance and investment product fees and other		2			2			4			1			2			1			2			6

Total revenues		260			294			554			294			243			278			271			1,086

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		103			120			223			115			101			105			110			431
Interest credited		95			97			192			99			101			101			103			404
Acquisition and operating expenses, net of deferrals		18			16			34			25			16			18			22			81
Amortization of deferred acquisition costs and intangibles		21			29			50			26			14			22			23			85
Interest expense		—			—			—			—			—			—			—			—

Total benefits and expenses		237			262			499			265			232			246			258			1,001

INCOME BEFORE INCOME TAXES		23			32			55			29			11			32			13			85
Provision for income taxes		8			11			19			10			4			11			5			30

NET INCOME		15			21			36			19			7			21			8			55
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		5			2			7			(1	)		14			4			6			23

NET OPERATING INCOME	$	20		$	23		$	43		$	18		$	21		$	25		$	14		$	78


Effective tax rate (operating income)		35.3	%		35.6	%		35.5	%		35.0	%		36.9	%		33.1	%		35.6	%		35.0	%

SALES:
Sales by Product:
Single Premium Immediate Annuities	$	51		$	74		$	125		$	70		$	49		$	52		$	57		$	228
Single Premium Deferred Annuities		285			262			547			293			446			272			109			1,120

Total Sales	$	336		$	336		$	672		$	363		$	495		$	324		$	166		$	1,348

Sales by Distribution Channel:
Financial Intermediaries	$	242		$	216		$	458		$	233		$	411		$	243		$	108		$	995
Independent Producers		90			116			206			127			82			79			55			343
Dedicated Sales Specialists		4			4			8			3			2			2			3			10

Total Sales	$	336		$	336		$	672		$	363		$	495		$	324		$	166		$	1,348

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Single Premium Deferred Annuities
Account value, beginning of the period	$	10,849		$	10,831		$	10,831		$	10,775		$	10,582		$	10,660		$	10,819		$	10,819
Deposits		286			264			550			295			450			275			120			1,140
Surrenders, benefits and product charges		(314	)		(330	)		(644	)		(325	)		(345	)		(441	)		(368	)		(1,479	)

Net flows		(28	)		(66	)		(94	)		(30	)		105			(166	)		(248	)		(339	)
Interest credited		83			84			167			86			88			88			89			351

Account value, end of the period		10,904			10,849			10,904			10,831			10,775			10,582			10,660			10,831


Single Premium Immediate Annuities
Account value, beginning of the period		6,404			6,433			6,433			6,482			6,384			6,411			6,528			6,528
Premiums and deposits		81			106			187			96			77			85			85			343
Surrenders, benefits and product charges		(235	)		(237	)		(472	)		(250	)		(245	)		(253	)		(256	)		(1,004	)

Net flows		(154	)		(131	)		(285	)		(154	)		(168	)		(168	)		(171	)		(661	)
Interest credited		77			78			155			79			80			82			83			324
Effect of accumulated net unrealized investment gains (losses)		100			24			124			26			186			59			(29	)		242

Account value, end of the period		6,427			6,404			6,427			6,433			6,482			6,384			6,411			6,433


Structured Settlements
Account value, net of reinsurance, beginning of the period		1,107			1,107			1,107			1,109			1,113			1,113			1,113			1,113
Surrenders, benefits and product charges		(16	)		(14	)		(30	)		(17	)		(18	)		(14	)		(15	)		(64	)

Net flows		(16	)		(14	)		(30	)		(17	)		(18	)		(14	)		(15	)		(64	)
Interest credited		15			14			29			15			14			14			15			58

Account value, net of reinsurance, end of the period		1,106			1,107			1,106			1,107			1,109			1,113			1,113			1,107

Total Fixed Annuities	$	18,437		$	18,360		$	18,437		$	18,371		$	18,366		$	18,079		$	18,184		$	18,371

International Protection Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income and Sales—International Protection Segment

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	174		$	179		$	353		$	192		$	209		$	223		$	215		$	839
Net investment income		36			36			72			34			38			53			48			173
Net investment gains (losses)		1			1			2			(2	)		(2	)		1			2			(1	)
Insurance and investment product fees and other		—			2			2			2			—			4			5			11

Total revenues		211			218			429			226			245			281			270			1,022

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		41			41			82			31			37			35			32			135
Acquisition and operating expenses, net of deferrals		126			127			253			139			143			156			152			590
Amortization of deferred acquisition costs and intangibles		27			31			58			33			32			42			36			143
Interest expense		14			11			25			3			6			16			13			38

Total benefits and expenses		208			210			418			206			218			249			233			906

INCOME BEFORE INCOME TAXES		3			8			11			20			27			32			37			116
Provision for income taxes		—			2			2			2			7			7			10			26

NET INCOME		3			6			9			18			20			25			27			90

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

NET OPERATING INCOME⁽¹⁾	$	3		$	5		$	8		$	19		$	22		$	25		$	25		$	91


Effective tax rate (operating income)		-5.8	%		23.1	%		12.8	%		7.4	%		28.7	%		20.9	%		26.3	%		22.0	%

SALES:
Lifestyle Protection Insurance
Traditional indemnity premiums	$	246		$	228		$	474		$	234		$	252		$	270		$	242		$	998
Premium equivalents for administrative services only business		2			2			4			5			5			6			6			22
Reinsurance premiums assumed accounted for under the deposit method		169			149			318			167			181			193			175			716

Total Sales⁽²⁾	$	417		$	379		$	796		$	406		$	438		$	469		$	423		$	1,736

SALES BY REGION:
Lifestyle Protection Insurance
Northern Europe	$	151		$	141		$	292		$	149		$	166		$	169		$	156		$	640
Southern Europe		141			134			275			152			161			188			170			671
Latin America		5			7			12			6			7			2			—			15
Structured Deals⁽³⁾		113			93			206			93			97			103			89			382
Other		7			4			11			6			7			7			8			28

Total Sales	$	417		$	379		$	796		$	406		$	438		$	469		$	423		$	1,736



Loss Ratio		24	%		23	%		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 $3 million and $9 million for the three and six months ended June 30, 2012, respectively.

⁽²⁾	Sales adjusted for foreign exchange as compared to the prior year period for the International Protection segment were $451 million and $841 million for the three and six months ended June 30, 2012, respectively.

⁽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

SECOND QUARTER 2012

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

(amounts in millions)


	2Q 2012									1Q 2012									Total 2012
	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	$	174		$	56		$	230		$	179		$	55		$	234		$	353		$	111		$	464
Net investment income		36			(12	)		24			36			(13	)		23			72			(25	)		47
Net investment gains (losses)		1			—			1			1			—			1			2			—			2
Insurance and investment product fees and other		—			—			—			2			—			2			2			—			2

Total revenues		211			44			255			218			42			260			429			86			515

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		41			20			61			41			15			56			82			35			117
Acquisition and operating expenses, net of deferrals		126			15			141			127			17			144			253			32			285
Amortization of deferred acquisition costs and intangibles		27			13			40			31			14			45			58			27			85
Interest expense		14			(4	)		10			11			(4	)		7			25			(8	)		17

Total benefits and expenses		208			44			252			210			42			252			418			86			504

INCOME BEFORE INCOME TAXES		3			—			3			8			—			8			11			—			11
Provision for income taxes		—			—			—			2			—			2			2			—			2

NET INCOME		3			—			3			6			—			6			9			—			9
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		—			—			—			(1	)		—			(1	)		(1	)		—			(1	)

NET OPERATING INCOME⁽¹⁾	$	3		$	—		$	3		$	5		$	—		$	5		$	8		$	—		$	8

Effective tax rate (operating income)		-5.8	%					-5.8	%		23.1	%					23.1	%		12.8	%					12.8	%

Other Metrics:
Premiums	$	174		$	56		$	230		$	179		$	55		$	234		$	353		$	111		$	464
Benefits and other changes in policy reserves		41			20			61			41			15			56			82			35			117
Commissions⁽²⁾		84			15			99			85			14			99			169			29			198

Margin before profit sharing		49			21			70			53			26			79			102			47			149
Profit share⁽²⁾		27			14			41			27			17			44			54			31			85

Underwriting profit	$	22		$	7		$	29		$	26		$	9		$	35		$	48		$	16		$	64


Loss Ratio		24	%					27	%		23	%					23	%		23	%					25	%

Underwriting Margin⁽³⁾		13	%					13	%		14	%					15	%		14	%					14	%

Combined Ratio⁽⁴⁾		111	%					105	%		111	%					105	%		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 $3 million and $9 million for the three and six months ended June 30, 2012, respectively.

⁽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

SECOND 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		$	839		$	255		$	1,094
Net investment income		34			(7	)		27			38			(11	)		27			53			(26	)		27			48			(23	)		25			173			(67	)		106
Net investment gains (losses)		(2	)		—			(2	)		(2	)		—			(2	)		1			—			1			2			—			2			(1	)		—			(1	)
Insurance and investment product fees and other		2			—			2			—			—			—			4			—			4			5			—			5			11			—			11

Total revenues		226			50			276			245			60			305			281			45			326			270			33			303			1,022			188			1,210

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		31			15			46			37			18			55			35			18			53			32			10			42			135			61			196
Acquisition and operating expenses, net of deferrals		139			16			155			143			19			162			156			19			175			152			13			165			590			67			657
Amortization of deferred acquisition costs and intangibles		33			13			46			32			21			53			42			16			58			36			17			53			143			67			210
Interest expense		3			6			9			6			2			8			16			(8	)		8			13			(7	)		6			38			(7	)		31

Total benefits and expenses		206			50			256			218			60			278			249			45			294			233			33			266			906			188			1,094

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

NET INCOME		18			—			18			20			—			20			25			—			25			27			—			27			90			—			90
ADJUSTMENT TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		1			—			1			2			—			2			—			—			—			(2	)		—			(2	)		1			—			1

NET OPERATING INCOME	$	19		$	—		$	19		$	22		$	—		$	22		$	25		$	—		$	25		$	25		$	—		$	25		$	91		$	—		$	91

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		$	839		$	255		$	1,094
Benefits and other changes in policy reserves		31			15			46			37			18			55			35			18			53			32			10			42			135			61			196
Commissions⁽¹⁾		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			303			129			432
Profit share⁽¹⁾		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		$	177		$	61		$	238

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

Underwriting Margin⁽²⁾		21	%					22	%		23	%					22	%		19	%					21	%		21	%					22	%		21	%					22	%

Combined Ratio⁽³⁾		106	%					99	%		100	%					96	%		104	%					97	%		101	%					96	%		103	%					97	%

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

⁽¹⁾	Commissions include commissions which are included above in acquisition and operating expenses, net of deferrals, and amortization of DAC.

⁽²⁾	The underwriting margin is calculated as underwriting profit divided by net earned premiums.

⁽³⁾	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

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		—			—			—			—			—			—			—			—
Net investment gains (losses)		—			—			—			—			—			—			—			—
Insurance and investment product fees and other		122			112			234			114			115			114			110			453

Total revenues		122			112			234			114			115			114			110			453

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—			—			—
Interest credited		—			—			—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		64			92			156			93			95			92			92			372
Amortization of deferred acquisition costs and intangibles		1			1			2			2			1			1			1			5
Interest expense		—			—			—			—			—			—			—			—

Total benefits and expenses		65			93			158			95			96			93			93			377

INCOME BEFORE INCOME TAXES		57			19			76			19			19			21			17			76
Provision for income taxes		30			7			37			7			7			8			7			29

NET INCOME		27			12			39			12			12			13			10			47

ADJUSTMENTS TO NET INCOME:
Net investment (gains) losses, net of taxes and other adjustments		—			—			—			—			—			—			—			—
Gain on sale of business, net of taxes		(15	)		—			(15	)		—			—			—			—			—

NET OPERATING INCOME	$	12		$	12		$	24		$	12		$	12		$	13		$	10		$	47


Effective tax rate (operating income)		35.3	%		37.9	%		36.7	%		36.2	%		38.9	%		36.4	%		42.3	%		38.3	%

SALES:

Sales by Distribution Channel:
Independent Producers	$	1,228		$	1,344		$	2,572		$	1,278		$	1,395		$	1,622		$	1,785		$	6,080
Dedicated Sales Specialists		—			172			172			161			170			185			273			789

Total Sales	$	1,228		$	1,516		$	2,744		$	1,439		$	1,565		$	1,807		$	2,058		$	6,869



ASSETS UNDER MANAGEMENT:
Beginning of period	$	25,684		$	25,087		$	25,087		$	24,613		$	25,930		$	25,551		$	24,740		$	24,740
Gross flows		1,228			1,516			2,744			1,439			1,565			1,807			2,058			6,869
Redemptions		(1,473	)		(1,875	)		(3,348	)		(1,455	)		(1,119	)		(1,143	)		(1,703	)		(5,420	)

Net flows		(245	)		(359	)		(604	)		(16	)		446			664			355			1,449
Market performance		(348	)		956			608			490			(1,763	)		(285	)		456			(1,102	)
Disposition⁽¹⁾		(2,771	)		—			(2,771	)		—			—			—			—			—

End of period	$	22,320		$	25,684		$	22,320		$	25,087		$	24,613		$	25,930		$	25,551		$	25,087

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

⁽¹⁾	On April 2, 2012, we completed the sale of our tax and accounting financial advisor unit, GFIS. Assets under management at the time of the sale were $2,771 million.

Global Mortgage Insurance Division

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income (Loss)—Global Mortgage Insurance Division

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	393		$	384		$	777		$	400		$	413		$	410		$	404		$	1,627
Net investment income		107			120			227			112			132			125			128			497
Net investment gains (losses)		11			29			40			43			34			6			5			88
Insurance and investment product fees and other		20			2			22			6			—			6			2			14

Total revenues		531			535			1,066			561			579			547			539			2,226

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		289			404			693			392			370			633			388			1,783
Acquisition and operating expenses, net of deferrals		94			93			187			95			106			104			99			404
Amortization of deferred acquisition costs and intangibles		18			18			36			16			17			19			19			71
Interest expense		8			10			18			10			9			6			6			31

Total benefits and expenses		409			525			934			513			502			762			512			2,289

INCOME (LOSS) BEFORE INCOME TAXES		122			10			132			48			77			(215	)		27			(63	)
Provision (benefit) for income taxes		31			(4	)		27			1			29			(78	)		(24	)		(72	)

NET INCOME (LOSS)		91			14			105			47			48			(137	)		51			9
Less: net income attributable to noncontrolling interests		33			33			66			33			36			36			34			139

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.'S COMMON STOCKHOLDERS		58			(19	)		39			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		(7	)		(17	)		(24	)		(27	)		(23	)		(4	)		(1	)		(55	)

NET OPERATING INCOME (LOSS)⁽¹⁾	$	51		$	(36	)	$	15		$	(13	)	$	(11	)	$	(177	)	$	16		$	(185	)


Effective tax rate (operating income (loss))		21.6	%		41.2	%		NM	⁽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 $52 million and $19 million for the three and six months ended June 30, 2012, respectively.

⁽²⁾	“NM” is defined as not meaningful for percentages greater than 200%.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income (Loss)—Global Mortgage Insurance Division

(amounts in millions)


	International Mortgage Insurance Segment
Three months ended June 30, 2012	Canada			Australia			Other Countries			Total International Mortgage Insurance Segment			U.S. Mortgage Insurance Segment			Total
REVENUES:
Premiums	$	148		$	98		$	10		$	256		$	137		$	393
Net investment income		47			46			1			94			13			107
Net investment gains (losses)		1			4			6			11			—			11
Insurance and investment product fees and other		—			—			—			—			20			20

Total revenues		196			148			17			361			170			531

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		48			53			14			115			174			289
Acquisition and operating expenses, net of deferrals		29			23			9			61			33			94
Amortization of deferred acquisition costs and intangibles		10			6			—			16			2			18
Interest expense		5			3			—			8			—			8

Total benefits and expenses		92			85			23			200			209			409

INCOME (LOSS) BEFORE INCOME TAXES		104			63			(6	)		161			(39	)		122
Provision (benefit) for income taxes		30			16			(1	)		45			(14	)		31

NET INCOME (LOSS)		74			47			(5	)		116			(25	)		91
Less: net income attributable to noncontrolling interests		33			—			—			33			—			33

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.'S COMMON STOCKHOLDERS		41			47			(5	)		83			(25	)		58

ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.'S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		—			(3	)		(4	)		(7	)		—			(7	)

NET OPERATING INCOME (LOSS)	$	41		$	44		$	(9	)	$	76		$	(25	)	$	51


Effective tax rate (operating income (loss))		30.0	%		24.8	%		26.7	%		27.4	%		37.0	%		21.6	%

	International Mortgage Insurance Segment
Three months ended June 30, 2011	Canada			Australia			Other Countries			Total International Mortgage Insurance Segment			U.S. Mortgage Insurance Segment			Total
REVENUES:
Premiums	$	157		$	98		$	13		$	268		$	142		$	410
Net investment income		50			46			3			99			26			125
Net investment gains (losses)		2			2			1			5			1			6
Insurance and investment product fees and other		—			1			4			5			1			6

Total revenues		209			147			21			377			170			547

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		51			47			9			107			526			633
Acquisition and operating expenses, net of deferrals		29			22			12			63			41			104
Amortization of deferred acquisition costs and intangibles		11			7			—			18			1			19
Interest expense		6			—			—			6			—			6

Total benefits and expenses		97			76			21			194			568			762

INCOME (LOSS) BEFORE INCOME TAXES		112			71			—			183			(398	)		(215	)
Provision (benefit) for income taxes		47			16			3			66			(144	)		(78	)

NET INCOME (LOSS)		65			55			(3	)		117			(254	)		(137	)
Less: net income attributable to noncontrolling interests		36			—			—			36			—			36

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.'S COMMON STOCKHOLDERS		29			55			(3	)		81			(254	)		(173	)

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	)		(3	)		(1	)		(4	)

NET OPERATING INCOME (LOSS)	$	28		$	54		$	(4	)	$	78		$	(255	)	$	(177	)


Effective tax rate (operating income (loss))		53.8	%		22.2	%		NM	⁽¹⁾		39.7	%		36.0	%		34.3	%

⁽¹⁾	“NM” is defined as not meaningful for percentages greater than 200%.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income (Loss)—Global Mortgage Insurance Division

(amounts in millions)


	International Mortgage Insurance Segment
Six months ended June 30, 2012	Canada			Australia			Other Countries			Total International Mortgage Insurance Segment			U.S. Mortgage Insurance Segment			Total
REVENUES:
Premiums	$	293		$	189		$	21		$	503		$	274		$	777
Net investment income		94			93			4			191			36			227
Net investment gains (losses)		7			(1	)		7			13			27			40
Insurance and investment product fees and other		—			—			—			—			22			22

Total revenues		394			281			32			707			359			1,066

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		103			191			28			322			371			693
Acquisition and operating expenses, net of deferrals		55			46			19			120			67			187
Amortization of deferred acquisition costs and intangibles		20			13			—			33			3			36
Interest expense		11			7			—			18			—			18

Total benefits and expenses		189			257			47			493			441			934

INCOME (LOSS) BEFORE INCOME TAXES		205			24			(15	)		214			(82	)		132
Provision (benefit) for income taxes		59			1			(2	)		58			(31	)		27

NET INCOME (LOSS)		146			23			(13	)		156			(51	)		105
Less: net income attributable to noncontrolling interests		66			—			—			66			—			66

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.'S COMMON STOCKHOLDERS		80			23			(13	)		90			(51	)		39

ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.'S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		(2	)		—			(5	)		(7	)		(17	)		(24	)

NET OPERATING INCOME (LOSS)	$	78		$	23		$	(18	)	$	83		$	(68	)	$	15


Effective tax rate (operating income (loss))		29.6	%		3.4	%		18.7	%		26.0	%		37.2	%		NM	⁽¹⁾

	International Mortgage Insurance Segment
Six months ended June 30, 2011	Canada			Australia			Other Countries			Total International Mortgage Insurance Segment			U.S. Mortgage Insurance Segment			Total
REVENUES:
Premiums	$	313		$	191		$	26		$	530		$	284		$	814
Net investment income		98			89			7			194			59			253
Net investment gains (losses)		5			2			2			9			2			11
Insurance and investment product fees and other		—			1			5			6			2			8

Total revenues		416			283			40			739			347			1,086

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		110			89			17			216			805			1,021
Acquisition and operating expenses, net of deferrals		56			43			24			123			80			203
Amortization of deferred acquisition costs and intangibles		21			14			—			35			3			38
Interest expense		12			—			—			12			—			12

Total benefits and expenses		199			146			41			386			888			1,274

INCOME (LOSS) BEFORE INCOME TAXES		217			137			(1	)		353			(541	)		(188	)
Provision (benefit) for income taxes		66			30			6			102			(204	)		(102	)

NET INCOME (LOSS)		151			107			(7	)		251			(337	)		(86	)
Less: net income attributable to noncontrolling interests		70			—			—			70			—			70

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.'S COMMON STOCKHOLDERS		81			107			(7	)		181			(337	)		(156	)

ADJUSTMENT TO NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.'S COMMON STOCKHOLDERS:
Net investment (gains) losses, net of taxes and other adjustments		(2	)		(1	)		(1	)		(4	)		(1	)		(5	)

NET OPERATING INCOME (LOSS)	$	79		$	106		$	(8	)	$	177		$	(338	)	$	(161	)


Effective tax rate (operating income (loss))		32.3	%		22.0	%		NM	⁽¹⁾		29.3	%		37.7	%		44.7	%

⁽¹⁾	“NM” is defined as not meaningful for percentages greater than 200%.

International Mortgage Insurance Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income—International Mortgage Insurance Segment

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	256		$	247		$	503		$	260		$	273		$	268		$	262		$	1,063
Net investment income		94			97			191			96			103			99			95			393
Net investment gains (losses)		11			2			13			1			32			5			4			42
Insurance and investment product fees and other		—			—			—			3			—			5			1			9

Total revenues		361			346			707			360			408			377			362			1,507

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		115			207			322			123			119			107			109			458
Acquisition and operating expenses, net of deferrals		61			59			120			60			65			63			60			248
Amortization of deferred acquisition costs and intangibles		16			17			33			15			16			18			17			66
Interest expense		8			10			18			10			9			6			6			31

Total benefits and expenses		200			293			493			208			209			194			192			803

INCOME BEFORE INCOME TAXES		161			53			214			152			199			183			170			704
Provision for income taxes		45			13			58			36			74			66			36			212

NET INCOME		116			40			156			116			125			117			134			492
Less: net income attributable to noncontrolling interests		33			33			66			33			36			36			34			139

NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		83			7			90			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		(7	)		—			(7	)		—			(21	)		(3	)		(1	)		(25	)

NET OPERATING INCOME⁽¹⁾	$	76		$	7		$	83		$	83		$	68		$	78		$	99		$	328


Effective tax rate (operating income)		27.4	%		6.8	%		26.0	%		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 $77 million and $87 million for the three and six months ended June 30, 2012, respectively.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	148		$	145		$	293		$	153		$	153		$	157		$	156		$	619
Net investment income		47			47			94			47			51			50			48			196
Net investment gains (losses)		1			6			7			—			3			2			3			8
Insurance and investment product fees and other		—			—			—			—			—			—			—			—

Total revenues		196			198			394			200			207			209			207			823

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		48			55			103			61			57			51			59			228
Acquisition and operating expenses, net of deferrals		29			26			55			28			27			29			27			111
Amortization of deferred acquisition costs and intangibles		10			10			20			9			9			11			10			39
Interest expense		5			6			11			6			5			6			6			23

Total benefits and expenses		92			97			189			104			98			97			102			401

INCOME BEFORE INCOME TAXES		104			101			205			96			109			112			105			422
Provision for income taxes		30			29			59			23			32			47			19			121

NET INCOME		74			72			146			73			77			65			86			301
Less: net income attributable to noncontrolling interests		33			33			66			33			36			36			34			139

NET INCOME AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		41			39			80			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	)		(2	)		—			(1	)		(1	)		(1	)		(3	)

NET OPERATING INCOME⁽¹⁾	$	41		$	37		$	78		$	40		$	40		$	28		$	51		$	159


Effective tax rate (operating income)		30.0	%		29.3	%		29.6	%		23.3	%		31.3	%		53.8	%		9.1	%		30.0	%

SALES:
New Insurance Written (NIW)
Flow	$	5,700		$	3,500		$	9,200		$	5,200		$	6,800		$	6,400		$	4,400		$	22,800
Bulk		13,100			500			13,600			1,000			600			1,500			1,100			4,200

Total Canada NIW⁽²⁾	$	18,800		$	4,000		$	22,800		$	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 $42 million and $80 million for the three and six months ended June 30, 2012, respectively.

⁽²⁾	New insurance written for the Canadian platform adjusted for foreign exchange as compared to the prior year period was $19,400 million and $23,500 million for the three and six months ended June 30, 2012, respectively.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	98		$	91		$	189		$	96		$	105		$	98		$	93		$	392
Net investment income		46			47			93			46			49			46			43			184
Net investment gains (losses)		4			(5	)		(1	)		2			30			2			—			34
Insurance and investment product fees and other		—			—			—			1			—			1			—			2

Total revenues		148			133			281			145			184			147			136			612

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		53			138			191			43			51			47			42			183
Acquisition and operating expenses, net of deferrals		23			23			46			24			26			22			21			93
Amortization of deferred acquisition costs and intangibles		6			7			13			6			7			7			7			27
Interest expense		3			4			7			4			4			—			—			8

Total benefits and expenses		85			172			257			77			88			76			70			311


INCOME (LOSS) BEFORE INCOME TAXES		63			(39	)		24			68			96			71			66			301
Provision (benefit) for income taxes		16			(15	)		1			13			40			16			14			83

NET INCOME (LOSS)		47			(24	)		23			55			56			55			52			218
Less: net income attributable to noncontrolling interests		—			—			—			—			—			—			—			—

NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		47			(24	)		23			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	)		3			—			(1	)		(20	)		(1	)		—			(22	)

NET OPERATING INCOME (LOSS)⁽¹⁾	$	44		$	(21	)	$	23		$	54		$	36		$	54		$	52		$	196


Effective tax rate (operating income (loss))		24.8	%		39.9	%		3.4	%		18.7	%		46.5	%		22.2	%		21.7	%		27.2	%

SALES:
New Insurance Written (NIW)
Flow	$	8,200		$	7,700		$	15,900		$	7,900		$	7,100		$	6,700		$	5,500		$	27,200
Bulk		300			300			600			1,100			100			2,300			1,000			4,500

Total Australia NIW⁽²⁾	$	8,500		$	8,000		$	16,500		$	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 $44 million and $25 million for the three and six months ended June 30, 2012, respectively.

⁽²⁾	New insurance written for the Australian platform adjusted for foreign exchange as compared to the prior year period was $8,600 million and $16,300 million for the three and six months ended June 30, 2012, respectively.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	10		$	11		$	21		$	11		$	15		$	13		$	13		$	52
Net investment income		1			3			4			3			3			3			4			13
Net investment gains (losses)		6			1			7			(1	)		(1	)		1			1			—
Insurance and investment product fees and other		—			—			—			2			—			4			1			7

Total revenues		17			15			32			15			17			21			19			72

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		14			14			28			19			11			9			8			47
Acquisition and operating expenses, net of deferrals		9			10			19			8			12			12			12			44
Amortization of deferred acquisition costs and intangibles		—			—			—			—			—			—			—			—
Interest expense		—			—			—			—			—			—			—			—

Total benefits and expenses		23			24			47			27			23			21			20			91


LOSS BEFORE INCOME TAXES		(6	)		(9	)		(15	)		(12	)		(6	)		—			(1	)		(19	)
Provision (benefit) for income taxes		(1	)		(1	)		(2	)		—			2			3			3			8

NET LOSS		(5	)		(8	)		(13	)		(12	)		(8	)		(3	)		(4	)		(27	)
Less: net income attributable to noncontrolling interests		—			—			—			—			—			—			—			—

NET LOSS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS		(5	)		(8	)		(13	)		(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		(4	)		(1	)		(5	)		1			—			(1	)		—			—

NET OPERATING LOSS⁽¹⁾	$	(9	)	$	(9	)	$	(18	)	$	(11	)	$	(8	)	$	(4	)	$	(4	)	$	(27	)


Effective tax rate (operating loss)		26.7	%		10.1	%		18.7	%		-1.5	%		-40.9	%		NM	⁽³⁾		-113.4	%		-41.4	%

SALES:
New Insurance Written (NIW)
Flow	$	500		$	300		$	800		$	400		$	500		$	600		$	500		$	2,000
Bulk		—			—			—			300			300			300			200			1,100

Total Other Countries NIW⁽²⁾	$	500		$	300		$	800		$	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 and $(18) million for the three and six months ended June 30, 2012, respectively.

⁽²⁾	New insurance written for the Other Countries platform adjusted for foreign exchange as compared to the prior year period was $500 million and $800 million for the three and six months ended June 30, 2012, respectively.

⁽³⁾	“NM” is defined as not meaningful for percentages greater than 200%.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Net Premiums Written
Canada	$	175		$	79		$	254		$	122		$	164		$	155		$	101		$	542
Australia		103			102			205			104			92			90			61			347
Other Countries⁽¹⁾		7			6			13			7			5			12			10			34

Total International Net Premiums Written	$	285		$	187		$	472		$	233		$	261		$	257		$	172		$	923

Loss Ratio⁽²⁾
Canada		32	%		38	%		35	%		40	%		36	%		33	%		38	%		37	%
Australia		54	%		154	%		101	%		46	%		48	%		48	%		45	%		47	%
Other Countries		129	%		128	%		129	%		165	%		85	%		59	%		62	%		91	%
Total International Loss Ratio		45	%		84	%		64	%		48	%		43	%		40	%		42	%		43	%

GAAP Basis Expense Ratio⁽³⁾
Canada		26	%		25	%		26	%		25	%		23	%		25	%		24	%		24	%
Australia		30	%		33	%		31	%		30	%		32	%		29	%		30	%		31	%
Other Countries⁽¹⁾		82	%		94	%		88	%		68	%		88	%		94	%		87	%		85	%
Total International GAAP Basis Expense Ratio		30	%		31	%		30	%		29	%		30	%		30	%		29	%		30	%

Adjusted Expense Ratio⁽⁴⁾
Canada		22	%		46	%		30	%		31	%		22	%		25	%		37	%		28	%
Australia		29	%		29	%		29	%		28	%		37	%		32	%		46	%		34	%
Other Countries⁽¹⁾		131	%		162	%		146	%		108	%		258	%		108	%		114	%		129	%
Total International Adjusted Expense Ratio		27	%		41	%		33	%		32	%		31	%		32	%		45	%		34	%

Primary Insurance In-Force
Canada	$	281,700		$	269,100					$	261,300		$	250,200		$	264,700		$	256,700
Australia		286,200			287,100						281,500			264,300			296,200			284,600
Other Countries		31,400			33,600						32,600			33,600			37,000			36,200

Total International Primary Insurance In-Force	$	599,300		$	589,800					$	575,400		$	548,100		$	597,900		$	577,500

Primary Risk In-Force⁽⁵⁾
Canada
Flow	$	76,600		$	76,200					$	74,000		$	70,600		$	74,400		$	72,200
Bulk		22,000			18,000						17,500			16,900			18,200			17,700

Total Canada		98,600			94,200						91,500			87,500			92,600			89,900

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

Total Australia		100,200			100,500						98,500			92,500			103,700			99,600

Other Countries
Flow⁽¹⁾		3,900			4,200						4,100			4,400			4,800			4,700
Bulk		400			400						400			400			500			500

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

Total International Primary Risk In-Force	$	203,100		$	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 $154 million, $134 million, $114 million and $92 million of risk in-force in Europe ceded under quota share reinsurance agreements as of June 30, 2012, 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

SECOND QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment—Canada

(dollar amounts in millions)


Primary Insurance	June 30, 2012			March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011
Insured loans in-force		1,452,408			1,371,140			1,362,092			1,346,546			1,326,690
Insured delinquent loans		2,408			2,623			2,752			2,868			3,281
Insured delinquency rate		0.17	%		0.19	%		0.20	%		0.21	%		0.25	%

Flow loans in-force		1,091,543			1,074,281			1,064,942			1,049,959			1,029,844
Flow delinquent loans		2,125			2,335			2,477			2,594			2,956
Flow delinquency rate		0.19	%		0.22	%		0.23	%		0.25	%		0.29	%

Bulk loans in-force		360,865			296,859			297,150			296,587			296,846
Bulk delinquent loans		283			288			275			274			325
Bulk delinquency rate		0.08	%		0.10	%		0.09	%		0.09	%		0.11	%

Loss Metrics	June 30, 2012			March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011
Beginning Reserves	$	149		$	161		$	142		$	174		$	200
Paid claims		(54	)		(62	)		(64	)		(74	)		(79	)
Increase in reserves		48			55			82			56			52
Impact of changes in foreign exchange rates		(2	)		(5	)		1			(14	)		1

Ending Reserves	$	141		$	149		$	161		$	142		$	174


	June 30, 2012						March 31, 2012						June 30, 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		47	%		0.10	%		46	%		0.11	%		46	%		0.17	%
British Columbia		16			0.22	%		16			0.24	%		16			0.31	%
Alberta		16			0.29	%		16			0.35	%		16			0.53	%
Quebec		14			0.22	%		15			0.24	%		15			0.23	%
Nova Scotia		2			0.17	%		2			0.26	%		2			0.29	%
Saskatchewan		2			0.12	%		2			0.12	%		2			0.15	%
Manitoba		1			0.09	%		1			0.10	%		1			0.12	%
New Brunswick		1			0.19	%		1			0.21	%		1			0.23	%
All Other		1			0.12	%		1			0.14	%		1			0.11	%

Total		100	%		0.17	%		100	%		0.19	%		100	%		0.25	%


By Policy Year
2004 and prior		23	%		0.03	%		25	%		0.04	%		26	%		0.05	%
2005		7			0.11	%		8			0.12	%		8			0.15	%
2006		8			0.19	%		9			0.22	%		10			0.32	%
2007		18			0.29	%		18			0.35	%		19			0.48	%
2008		10			0.41	%		10			0.46	%		12			0.66	%
2009		6			0.34	%		7			0.33	%		7			0.35	%
2010		10			0.27	%		11			0.26	%		12			0.14	%
2011		10			0.12	%		10			0.08	%		6			0.01	%
2012		8			—	%		2			—	%		—			—	%

Total		100	%		0.17	%		100	%		0.19	%		100	%		0.25	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment—Canada

(Canadian dollar amounts in millions)


	2012								2011
	2Q			1Q			Total		4Q			3Q			2Q			1Q			Total
Paid Claims
Flow	$	52		$	62		$	114	$	62		$	70		$	75		$	64		$	271
Bulk		2			2			4		3			2			2			1			8

Total Paid Claims	$	54		$	64		$	118	$	65		$	72		$	77		$	65		$	279

Average Paid Claim (in thousands)	$	76.7		$	73.0				$	80.6		$	80.5		$	82.3		$	77.0

Average Reserve Per Delinquency (in thousands)	$	59.4		$	56.6				$	57.7		$	51.5		$	51.0		$	56.2

Loss Metrics

Beginning Reserves	$	148		$	164				$	148		$	167		$	194		$	200
Paid claims		(54	)		(64	)				(65	)		(72	)		(77	)		(65	)
Increase in reserves		49			48					81			53			50			59

Ending Reserves	$	143		$	148				$	164		$	148		$	167		$	194

Loan Amount

Over $550K		5	%		5	%				4	%		4	%		4	%		4	%
$400K to $550K		9			8					8			8			8			8
$250K to $400K		30			30					30			30			29			29
$100K to $250K		50			51					52			52			52			52
$100K or Less		6			6					6			6			7			7

Total		100	%		100	%				100	%		100	%		100	%		100	%

Average Primary Loan Size (in thousands)	$	197		$	196				$	195		$	194		$	192		$	191

Average Effective Loan-To-Value Ratios By Policy Year⁽¹⁾

2006 and prior		41	%		42	%				44	%
2007		69	%		71	%				72	%
2008		74	%		76	%				76	%
2009		76	%		78	%				79	%
2010		83	%		85	%				86	%
2011		88	%		91	%				91	%
2012		91	%		—	%				—	%
Total Flow		56	%		57	%				58	%

Total Bulk		26	%		28	%				29	%

Total		50	%		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

SECOND QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment—Australia

(dollar amounts in millions)


Primary Insurance	June 30, 2012			March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011
Insured loans in-force		1,449,648			1,442,867			1,437,380			1,428,328			1,453,012
Insured delinquent loans		7,527			7,837			7,874			8,464			8,193
Insured delinquency rate		0.52	%		0.54	%		0.55	%		0.59	%		0.56	%

Flow loans in-force		1,304,944			1,295,907			1,289,200			1,280,741			1,301,648
Flow delinquent loans		7,253			7,559			7,626			8,208			7,995
Flow delinquency rate		0.56	%		0.58	%		0.59	%		0.64	%		0.61	%

Bulk loans in-force		144,704			146,960			148,180			147,587			151,364
Bulk delinquent loans		274			278			248			256			198
Bulk delinquency rate		0.19	%		0.19	%		0.17	%		0.17	%		0.13	%

Loss Metrics	June 30, 2012			March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011
Beginning Reserves	$	342		$	272		$	247		$	248		$	224
Paid claims		(72	)		(69	)		(32	)		(26	)		(32	)
Increase in reserves		53			138			44			50			47
Impact of changes in foreign exchange rates		(3	)		1			13			(25	)		9

Ending Reserves	$	320		$	342		$	272		$	247		$	248


	June 30, 2012						March 31, 2012						June 30, 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		30	%		0.50	%		31	%		0.53	%		31	%		0.60	%
Victoria		23			0.36	%		23			0.37	%		23			0.41	%
Queensland		23			0.76	%		22			0.80	%		23			0.74	%
Western Australia		11			0.52	%		11			0.57	%		10			0.54	%
South Australia		6			0.56	%		6			0.52	%		6			0.50	%
New Zealand		2			0.81	%		2			0.94	%		2			1.18	%
Australian Capital Territory		2			0.08	%		2			0.10	%		2			0.14	%
Tasmania		2			0.41	%		2			0.40	%		2			0.37	%
Northern Territory		1			0.26	%		1			0.28	%		1			0.26	%

Total		100	%		0.52	%		100	%		0.54	%		100	%		0.56	%

By Policy Year
2004 and prior		23	%		0.14	%		24	%		0.15	%		26	%		0.17	%
2005		8			0.56	%		8			0.56	%		9			0.60	%
2006		10			0.77	%		10			0.80	%		12			0.79	%
2007		12			1.03	%		12			1.14	%		13			1.16	%
2008		11			1.33	%		11			1.38	%		12			1.35	%
2009		13			0.89	%		13			0.83	%		14			0.71	%
2010		9			0.33	%		9			0.27	%		10			0.12	%
2011		9			0.10	%		10			0.05	%		4			0.02	%
2012		5			0.01	%		3			—	%		—			—	%

Total		100	%		0.52	%		100	%		0.54	%		100	%		0.56	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment—Australia

(Australian dollar amounts in millions)


	2012								2011
	2Q			1Q			Total		4Q			3Q			2Q			1Q			Total
Paid Claims
Flow	$	70		$	66		$	136	$	30		$	25		$	29		$	26		$	110
Bulk		—			—			—		1			—			1			—			2

Total Paid Claims	$	70		$	66		$	136	$	31		$	25		$	30		$	26		$	112


Average Paid Claim (in thousands)	$	91.2		$	77.1				$	64.6		$	62.4		$	75.9		$	71.2

Average Reserve Per Delinquency (in thousands)	$	41.5		$	42.2				$	33.7		$	30.0		$	28.2		$	28.5

Loss Metrics

Beginning Reserves	$	331		$	266				$	255		$	232		$	216		$	201
Paid claims		(70	)		(66	)				(31	)		(25	)		(30	)		(26	)
Increase in reserves		51			131					42			48			46			41

Ending Reserves	$	312		$	331				$	266		$	255		$	232		$	216

Loan Amount

Over $550K		11	%		11	%				11	%		11	%		11	%		11	%
$400K to $550K		16			15					15			15			14			14
$250K to $400K		36			36					36			36			36			36
$100K to $250K		30			31					31			31			32			32
$100K or Less		7			7					7			7			7			7

Total		100	%		100	%				100	%		100	%		100	%		100	%


Average Primary Loan Size (in thousands)	$	193		$	192				$	191		$	191		$	190		$	189

Average Effective Loan-To-Value Ratios By Policy Year⁽¹⁾

2006 and prior		49	%		48	%				49	%
2007		69	%		67	%				68	%
2008		77	%		74	%				74	%
2009		80	%		78	%				79	%
2010		86	%		85	%				85	%
2011		88	%		86	%				86	%
2012		86	%		—	%				—	%
Total Flow		68	%		66	%				66	%

Total Bulk		38	%		38	%				37	%

Total		65	%		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 prior to 2Q12). 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

SECOND QUARTER 2012

Selected Key Performance Measures—International Mortgage Insurance Segment

(amounts in millions)


Risk In-Force by Loan-To-Value Ratio⁽¹⁾	June 30, 2012						March 31, 2012
	Primary		Flow		Bulk		Primary		Flow		Bulk
Canada
95.01% and above	$	33,395	$	33,395	$	—	$	33,121	$	33,121	$	—
90.01% to 95.00%		24,547		24,545		3		24,666		24,663		3
80.01% to 90.00%		17,732		15,721		2,012		17,419		15,569		1,850
80.00% and below		22,909		2,893		20,016		18,970		2,879		16,092

Total Canada	$	98,584	$	76,554	$	22,030	$	94,177	$	76,232	$	17,945

Australia
95.01% and above	$	17,391	$	17,391	$	1	$	17,239	$	17,238	$	1
90.01% to 95.00%		21,717		21,709		9		21,505		21,496		9
80.01% to 90.00%		25,681		25,587		94		25,669		25,571		98
80.00% and below		35,397		25,939		9,458		36,075		26,331		9,744

Total Australia	$	100,187	$	90,626	$	9,562	$	100,487	$	90,635	$	9,852

Other Countries⁽²⁾
95.01% and above	$	742	$	742	$	—	$	812	$	812	$	—
90.01% to 95.00%		1,983		1,919		63		2,117		2,048		69
80.01% to 90.00%		1,289		1,005		284		1,401		1,092		309
80.00% and below		273		236		37		292		253		40

Total Other Countries	$	4,286	$	3,902	$	384	$	4,622	$	4,204	$	418

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 $154 million and $134 million of risk in-force in Europe ceded under quota share reinsurance agreements as of June 30, 2012 and March 31, 2012, respectively.

U.S. Mortgage Insurance Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	137		$	137		$	274		$	140		$	140		$	142		$	142		$	564
Net investment income		13			23			36			16			29			26			33			104
Net investment gains (losses)		—			27			27			42			2			1			1			46
Insurance and investment product fees and other		20			2			22			3			—			1			1			5

Total revenues		170			189			359			201			171			170			177			719

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		174			197			371			269			251			526			279			1,325
Acquisition and operating expenses, net of deferrals		33			34			67			35			41			41			39			156
Amortization of deferred acquisition costs and intangibles		2			1			3			1			1			1			2			5

Total benefits and expenses		209			232			441			305			293			568			320			1,486

LOSS BEFORE INCOME TAXES		(39	)		(43	)		(82	)		(104	)		(122	)		(398	)		(143	)		(767	)
Benefit for income taxes		(14	)		(17	)		(31	)		(35	)		(45	)		(144	)		(60	)		(284	)

NET LOSS		(25	)		(26	)		(51	)		(69	)		(77	)		(254	)		(83	)		(483	)

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

NET OPERATING LOSS	$	(25	)	$	(43	)	$	(68	)	$	(96	)	$	(79	)	$	(255	)	$	(83	)	$	(513	)


Effective tax rate (operating loss)		37.0	%		37.4	%		37.2	%		33.9	%		37.2	%		36.0	%		42.2	%		36.9	%

SALES:
New Insurance Written (NIW)
Flow	$	3,600		$	3,000		$	6,600		$	3,200		$	2,700		$	1,900		$	2,000		$	9,800
Bulk		—			—			—			—			—			—			400			400

Total U.S. Mortgage Insurance NIW	$	3,600		$	3,000		$	6,600		$	3,200		$	2,700		$	1,900		$	2,400		$	10,200

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Other Metrics—U.S. Mortgage Insurance Segment

(dollar amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Net Premiums Written	$	139		$	142		$	281		$	143		$	143		$	145		$	142		$	573

New Risk Written
Flow	$	843		$	688		$	1,531		$	710		$	653		$	461		$	439		$	2,263
Bulk		—			7			7			1			—			—			27			28

Total Primary		843			695			1,538			711			653			461			466			2,291
Pool		—			—			—			—			—			—			—			—

Total New Risk Written	$	843		$	695		$	1,538		$	711		$	653		$	461		$	466		$	2,291


Primary Insurance In-Force	$	112,000		$	113,800					$	116,500		$	119,200		$	120,900		$	123,300

Risk In-Force
Flow	$	25,887		$	26,137					$	26,660		$	27,206		$	27,489		$	27,984
Bulk		514			520						520			534			540			559

Total Primary		26,401			26,657						27,180			27,740			28,029			28,543
Pool		229			239						249			271			278			288

Total Risk In-Force	$	26,630		$	26,896					$	27,429		$	28,011		$	28,307		$	28,831


Primary Risk In-Force Subject To Captives		27	%		31	%					33	%		36	%		38	%		41	%

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

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

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

Flow Persistency		82	%		81	%					81	%		86	%		86	%		86	%

Gross Written Premiums Ceded To Captives/Total Direct Written Premiums		10	%		12	%					13	%		14	%		15	%		17	%

Risk To Capital Ratio⁽³⁾		29.5:1			28.6:1						28.8:1			27.5:1			25.0:1			25.0:1

Average Primary Loan Size (in thousands)	$	165		$	164					$	163		$	163		$	162		$	162

Estimated Savings For Loss Mitigation Activities⁽⁴⁾	$	162		$	158		$	320		$	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

SECOND QUARTER 2012

Loss Metrics—U.S. Mortgage Insurance Segment

(dollar amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Paid Claims
Flow
Direct	$	295		$	283		$	578		$	240		$	256		$	239		$	315		$	1,050
Assumed⁽¹⁾		23			20			43			26			25			32			30			113
Ceded		(55	)		(39	)		(94	)		(45	)		(39	)		(83	)		(109	)		(276	)
Loss adjustment expenses		7			9			16			10			11			11			13			45

Total Flow		270		$	273			543			231			253			199			249			932
Bulk		6			4			10			6			(2	)		3			3			10

Total Primary		276			277			553			237			251			202			252			942
Pool		2			2			4			1			1			1			1			4

Total Paid Claims	$	278		$	279		$	557		$	238		$	252		$	203		$	253		$	946

Average Paid Claim (in thousands)	$	38.3		$	43.6					$	41.0		$	46.9		$	40.8		$	39.7

Average Direct Paid Claim (in thousands)⁽²⁾	$	42.5		$	42.7					$	43.2		$	49.1		$	49.7		$	50.8

Average Reserve Per Delinquency (in thousands)
Flow	$	30.6		$	30.6					$	29.1		$	28.8		$	29.2		$	25.4
Bulk loans with established reserve		25.0			24.1						24.2			24.0			23.7			19.9
Bulk loans with no reserve⁽³⁾		—			—						—			—			—			—
Reserves:
Flow direct case	$	1,954		$	2,087					$	2,199		$	2,227		$	2,256		$	1,995
Bulk direct case		32			34						36			36			35			34
Assumed⁽¹⁾		53			60						60			64			64			67
All other⁽⁴⁾		195			200						193			159			151			124

Total Reserves	$	2,234		$	2,381					$	2,488		$	2,486		$	2,506		$	2,220


Beginning Reserves	$	2,381		$	2,488		$	2,488		$	2,486		$	2,506		$	2,220		$	2,282		$	2,282
Paid claims		(333	)		(318	)		(651	)		(282	)		(292	)		(286	)		(362	)		(1,222	)
Increase in reserves		186			211			397			284			272			572			300			1,428

Ending Reserves	$	2,234		$	2,381		$	2,234		$	2,488		$	2,486		$	2,506		$	2,220		$	2,488


Beginning Reinsurance Recoverable⁽⁵⁾	$	153		$	178		$	178		$	207		$	226		$	264		$	351		$	351
Ceded paid claims		(55	)		(39	)		(94	)		(44	)		(40	)		(83	)		(109	)		(276	)
Increase in recoverable		13			14			27			15			21			45			22			103

Ending Reinsurance Recoverable	$	111		$	153		$	111		$	178		$	207		$	226		$	264		$	178

Loss Ratio⁽⁶⁾		127	%		144	%		135	%		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 and 132% for the six months ended June 30, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Delinquency Metrics—U.S. Mortgage Insurance Segment

(dollar amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Number of Primary Delinquencies
Flow		71,878			76,478						83,931			84,910			84,442			85,758
Bulk loans with an established reserve		1,381			1,522						1,592			1,604			1,569			1,814
Bulk loans with no reserve⁽¹⁾		1,424			1,474						1,484			1,506			1,453			1,446

Total Number of Primary Delinquencies		74,683			79,474						87,007			88,020			87,464			89,018

Beginning Number of Primary Delinquencies		79,474			87,007			87,007			88,020			87,464			89,018			95,395			95,395
New delinquencies		16,703			18,217			34,920			22,094			23,493			21,272			23,866			90,725
Delinquency cures		(14,251	)		(19,388	)		(33,639	)		(17,357	)		(17,595	)		(17,908	)		(23,908	)		(76,768	)
Paid claims		(7,243	)		(6,362	)		(13,605	)		(5,750	)		(5,342	)		(4,918	)		(6,335	)		(22,345	)

Ending Number of Primary Delinquencies		74,683			79,474			74,683			87,007			88,020			87,464			89,018			87,007

Composition of Cures
Reported delinquent and cured-intraquarter		2,354			3,582						2,851			3,181			2,670			5,195
Number of missed payments delinquent prior to cure:
3 payments or less		7,399			10,154						8,835			8,520			8,953			11,454
4 - 11 payments		3,371			3,569						3,408			3,584			4,146			5,183
12 payments or more		1,127			2,083						2,263			2,310			2,139			2,076

Total		14,251			19,388						17,357			17,595			17,908			23,908

Primary Delinquencies by Missed Payment Status
3 payments or less		16,708			17,260						22,165			22,444			21,125			20,920
4 - 11 payments		20,830			24,137						25,334			25,055			26,969			31,070
12 payments or more		37,145			38,077						39,508			40,521			39,370			37,028

Primary Delinquencies		74,683			79,474						87,007			88,020			87,464			89,018



	June 30, 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		16,252		$	149		$	646			23	%
4 - 11 payments in default		19,878			532			878			61	%
12 payments or more in default		35,748			1,273			1,746			73	%

Total		71,878		$	1,954		$	3,270			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

SECOND QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment


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

Flow by FICO Scores >679		68	%		67	%		67	%		67	%		66	%		66	%
Flow by FICO Scores 620-679		25	%		26	%		26	%		26	%		27	%		27	%
Flow by FICO Scores 575-619		5	%		5	%		5	%		5	%		5	%		5	%
Flow by FICO Scores <575		2	%		2	%		2	%		2	%		2	%		2	%

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

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

Primary Loans
Primary loans in-force		679,817			693,807			714,467			733,383			746,740			763,439
Primary delinquent loans		74,683			79,474			87,007			88,020			87,464			89,018
Primary delinquency rate		10.99	%		11.45	%		12.18	%		12.00	%		11.71	%		11.66	%

Flow loans in-force		607,133			616,623			633,246			648,242			658,251			673,276
Flow delinquent loans		71,878			76,478			83,931			84,910			84,442			85,758
Flow delinquency rate		11.84	%		12.40	%		13.25	%		13.10	%		12.83	%		12.74	%

Bulk loans in-force		72,684			77,184			81,221			85,141			88,489			90,163
Bulk delinquent loans		2,805			2,996			3,076			3,110			3,022			3,260
Bulk delinquency rate		3.86	%		3.88	%		3.79	%		3.65	%		3.42	%		3.62	%

A minus and sub-prime loans in-force		63,230			65,833			68,487			71,097			73,211			75,421
A minus and sub-prime delinquent loans		16,796			17,680			19,884			20,347			20,284			20,656
A minus and sub-prime delinquency rate		26.56	%		26.86	%		29.03	%		28.62	%		27.71	%		27.39	%

Pool Loans
Pool loans in-force		13,562			13,942			14,418			16,574			16,943			17,421
Pool delinquent loans		679			695			778			957			931			913
Pool delinquency rate		5.01	%		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

SECOND QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment


	June 30, 2012									March 31, 2012									June 30, 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	%		15.61	%		35	%		22	%		16.25	%		35	%		22	%		16.37	%
South Central⁽³⁾		10			16			8.54	%		11			16			9.18	%		12			16			9.90	%
Northeast⁽⁴⁾		14			15			12.52	%		13			15			12.38	%		12			14			11.71	%
North Central⁽⁵⁾		12			12			10.56	%		12			12			11.18	%		11			12			11.36	%
Pacific⁽⁶⁾		12			11			11.01	%		12			11			11.64	%		13			11			13.29	%
Great Lakes⁽⁷⁾		7			9			8.06	%		7			9			8.48	%		7			9			8.49	%
New England⁽⁸⁾		3			5			9.66	%		3			5			10.18	%		3			5			10.36	%
Mid-Atlantic⁽⁹⁾		4			5			9.88	%		4			5			10.04	%		4			5			10.12	%
Plains⁽¹⁰⁾		3			5			6.72	%		3			5			7.21	%		3			6			7.75	%

Total		100	%		100	%		10.99	%		100	%		100	%		11.45	%		100	%		100	%		11.71	%


By State
Florida		25	%		7	%		27.92	%		24	%		7	%		28.71	%		24	%		7	%		28.35	%
New York		6	%		7	%		10.71	%		5	%		7	%		10.43	%		5	%		7	%		9.71	%
Texas		3	%		7	%		6.99	%		3	%		7	%		7.43	%		3	%		7	%		7.61	%
California		6	%		6	%		8.75	%		6	%		6	%		9.68	%		7	%		5	%		12.24	%
Illinois		8	%		5	%		15.42	%		8	%		5	%		16.08	%		7	%		5	%		15.90	%
New Jersey		5	%		4	%		18.93	%		5	%		4	%		18.98	%		5	%		4	%		17.73	%
North Carolina		3	%		4	%		10.59	%		3	%		4	%		10.97	%		3	%		4	%		10.93	%
Pennsylvania		3	%		4	%		10.86	%		2	%		4	%		10.86	%		2	%		4	%		10.81	%
Georgia		4	%		4	%		12.77	%		4	%		4	%		13.78	%		4	%		4	%		14.70	%
Ohio		2	%		3	%		8.12	%		2	%		3	%		8.47	%		2	%		3	%		8.00	%

⁽¹⁾	Total reserves were $2,234 million, $2,381 million and $2,506 million as of June 30, 2012, March 31, 2012 and June 30, 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⁾	Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

⁽⁹⁾	Delaware, Maryland, Virginia, Washington D.C. and West Virginia.

⁽¹⁰⁾	Idaho, Iowa, Kansas, Montana, Nebraska, North Dakota, South Dakota and Wyoming.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

(amounts in millions)


Primary Risk In-Force:	June 30, 2012		% of Total			March 31, 2012		% of Total			June 30, 2011		% of Total
Lender concentration (by original applicant)	$	26,401				$	26,657				$	28,029
Top 10 lenders		12,969					13,023					14,000
Top 20 lenders		14,778					14,997					15,982

Loan-to-value ratio
95.01% and above	$	6,955		26	%	$	6,803		26	%	$	7,065		25	%
90.01% to 95.00%		9,308		35			9,416		35			9,740		35
80.01% to 90.00%		9,692		37			9,987		37			10,747		38
80.00% and below		446		2			451		2			477		2

Total	$	26,401		100	%	$	26,657		100	%	$	28,029		100	%

Loan grade
Prime	$	24,032		91	%	$	24,196		91	%	$	25,296		90	%
A minus and sub-prime		2,369		9			2,461		9			2,733		10

Total	$	26,401		100	%	$	26,657		100	%	$	28,029		100	%

Loan type⁽¹⁾
First mortgages
Fixed rate mortgage
Flow	$	25,416		96	%	$	25,638		96	%	$	26,914		96	%
Bulk		495		2			501		2			519		2
Adjustable rate mortgage
Flow		471		2			499		2			575		2
Bulk		19		—			19		—			21		—
Second mortgages		—		—			—		—			—		—

Total	$	26,401		100	%	$	26,657		100	%	$	28,029		100	%

Type of documentation
Alt-A
Flow	$	671		3	%	$	713		3	%	$	807		3	%
Bulk		37		—			37		—			39		—
Standard⁽²⁾
Flow		25,216		95			25,424		95			26,682		95
Bulk		477		2			483		2			501		2

Total	$	26,401		100	%	$	26,657		100	%	$	28,029		100	%

Mortgage term
15 years and under	$	643		2	%	$	581		2	%	$	462		2	%
More than 15 years		25,758		98			26,076		98			27,567		98

Total	$	26,401		100	%	$	26,657		100	%	$	28,029		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

SECOND QUARTER 2012

Portfolio Quality Metrics—U.S. Mortgage Insurance Segment

(dollar amounts in millions)


	June 30, 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		7.74	%		2.0	%	$	2,203		2.0	%	$	555		2.1	%
2002		6.63	%		1.5			1,690		1.5			422		1.6
2003		5.64	%		3.7			6,916		6.2			1,151		4.4
2004		5.88	%		4.6			4,734		4.2			1,091		4.1
2005		5.95	%		12.7			8,170		7.3			2,123		8.0
2006		6.39	%		19.1			11,076		9.9			2,750		10.4
2007		6.43	%		38.8			25,053		22.4			6,208		23.5
2008		6.01	%		17.0			22,817		20.4			5,697		21.6
2009		5.08	%		0.3			5,987		5.3			1,140		4.3
2010		4.66	%		0.2			7,542		6.7			1,613		6.1
2011		4.44	%		0.1			9,309		8.3			2,126		8.1
2012		3.97	%		—			6,521		5.8			1,525		5.8

Total		5.84	%		100.0	%	$	112,018		100.0	%	$	26,401		100.0	%


Occupancy and Property Type	June 30, 2012			March 31, 2012
Occupancy Status % of Primary Risk In-Force
Primary residence		94.0	%		93.9	%
Second home		3.7			3.8
Non-owner occupied		2.3			2.3

Total		100.0	%		100.0	%

Property Type % of Primary Risk In-Force
Single family detached		86.6	%		86.5	%
Condominium and co-operative		11.3			11.3
Multi-family and other		2.1			2.2

Total		100.0	%		100.0	%

⁽¹⁾	Average Annual Mortgage Interest Rate

⁽²⁾	Total reserves were $2,234 million as of June 30, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND 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	2Q			1Q			2Q			1Q			2Q			1Q			2Q			1Q
Total Primary Risk In-Force	$	18.1		$	18.1		$	6.6		$	6.8		$	1.7		$	1.8		$	26.4		$	26.7
Delinquency rate⁽²⁾		6.9	%		7.3	%		17.9	%		18.5	%		26.8	%		27.2	%		11.0	%		11.5	%
2012 policy year	$	1.3		$	0.6		$	0.2		$	0.1		$	—		$	—		$	1.5		$	0.7
Delinquency rate		—	%		—	%		0.1	%		—	%		—	%		—	%		—	%		—	%
2011 policy year	$	1.9		$	2.0		$	0.2		$	0.2		$	—		$	—		$	2.1		$	2.2
Delinquency rate		0.1	%		0.1	%		0.2	%		0.3	%		0.8	%		2.4	%		0.2	%		0.1	%
2010 policy year	$	1.5		$	1.6		$	0.1		$	0.1		$	—		$	—		$	1.6		$	1.7
Delinquency rate		0.4	%		0.3	%		1.3	%		1.1	%		7.8	%		6.7	%		0.4	%		0.3	%
2009 policy year	$	1.0		$	1.1		$	0.1		$	0.1		$	—		$	—		$	1.1		$	1.2
Delinquency rate		0.9	%		0.8	%		3.0	%		3.3	%		8.3	%		9.3	%		1.0	%		0.9	%
2008 policy year	$	4.3		$	4.5		$	1.2		$	1.2		$	0.2		$	0.2		$	5.7		$	5.9
Delinquency rate		7.0	%		7.2	%		15.0	%		15.5	%		23.4	%		24.7	%		9.3	%		9.6	%
2007 policy year	$	3.5		$	3.6		$	2.0		$	2.1		$	0.7		$	0.7		$	6.2		$	6.4
Delinquency rate		12.5	%		13.0	%		21.9	%		22.4	%		29.9	%		30.5	%		17.6	%		18.2	%
2006 policy year	$	1.6		$	1.6		$	0.9		$	1.0		$	0.3		$	0.3		$	2.8		$	2.9
Delinquency rate		13.6	%		14.1	%		22.5	%		23.1	%		27.2	%		28.3	%		18.0	%		18.6	%
2005 and prior policy year	$	3.0		$	3.1		$	1.9		$	2.0		$	0.5		$	0.6		$	5.4		$	5.7
Delinquency rate		8.6	%		8.6	%		18.4	%		18.4	%		24.7	%		24.2	%		12.9	%		12.8	%
Fixed rate mortgage	$	17.8		$	17.8		$	6.4		$	6.6		$	1.7		$	1.8		$	25.9		$	26.2
Delinquency rate		6.7	%		7.1	%		17.6	%		18.3	%		26.6	%		27.0	%		10.7	%		11.2	%
Adjustable rate mortgage	$	0.3		$	0.3		$	0.2		$	0.2		$	—		$	—		$	0.5		$	0.5
Delinquency rate		24.9	%		25.0	%		28.7	%		29.6	%		34.4	%		36.3	%		27.1	%		27.7	%
Loan-to-value > 95%	$	4.0		$	3.8		$	2.3		$	2.3		$	0.7		$	0.7		$	7.0		$	6.8
Delinquency rate		8.2	%		9.0	%		19.5	%		20.3	%		27.8	%		28.8	%		14.3	%		15.3	%
Alt-A⁽³⁾	$	0.5		$	0.5		$	0.2		$	0.2		$	—		$	—		$	0.7		$	0.7
Delinquency rate		18.7	%		19.0	%		31.4	%		31.9	%		30.8	%		31.2	%		22.6	%		22.8	%
Interest only and option ARMs	$	1.0		$	1.1		$	0.4		$	0.4		$	0.1		$	0.1		$	1.5		$	1.6
Delinquency rate		28.3	%		28.9	%		36.6	%		37.1	%		39.1	%		41.5	%		31.2	%		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

SECOND QUARTER 2012

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

(dollar amounts in millions)


	June 30, 2012			March 31, 2012			June 30, 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	$	424		$	427		$	442
Average FICO score		758			758			757
Loan-to-value ratio		71	%		71	%		75	%
Standard documentation⁽¹⁾		97	%		97	%		97	%
Stop loss		95	%		94	%		94	%
Deductible		100	%		100	%		100	%

Other
Risk in-force	$	65		$	68		$	71
Average FICO score		696			697			692
Loan-to-value ratio		89	%		89	%		92	%
Standard documentation⁽¹⁾		96	%		97	%		97	%
Stop loss		1	%		3	%		8	%
Deductible		—	%		—	%		—	%
Total Bulk Risk In-Force	$	514		$	520		$	540

⁽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

SECOND QUARTER 2012

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


				June 30, 2012						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)		Current Risk In-Force ($B)		Ever-To-Date Incurred Losses ($MM)⁽³⁾		Captive Benefits ($MM)
2004			0%-50%	$	—	$	2			$	—	$	2
2004			50%-75%		—		—				—		1
2004			75%-99%		0.1		35				0.2		42
2004			Attached		0.3		84				0.3		81

2004 Total	$	2.5		$	0.4	$	121	$	2	$	0.5	$	126	$	2


2005			0%-50%	$	—	$	1			$	—	$	1
2005			50%-75%		—		—				—		—
2005			75%-99%		—		—				—		—
2005			Attached		0.7		277				0.8		287

2005 Total	$	2.1		$	0.7	$	278		4	$	0.8	$	288		4


2006			0%-50%	$	—	$	1			$	—	$	1
2006			50%-75%		—		—				—		—
2006			75%-99%		—		1				—		1
2006			Attached		0.7		367				0.8		379

2006 Total	$	1.9		$	0.7	$	369		1	$	0.8	$	381		—


2007			0%-50%	$	—	$	1			$	—	$	1
2007			50%-75%		—		—				—		—
2007			75%-99%		—		—				—		—
2007			Attached		1.3		685				1.5		686

2007 Total	$	2.8		$	1.3	$	686		4	$	1.5	$	687		5


2008			0%-50%	$	—	$	1			$	—	$	1
2008			50%-75%		—		2				—		2
2008			75%-99%		—		—				0.2		13
2008			Attached		0.6		157				0.7		173

2008 Total	$	1.1		$	0.6	$	160		2	$	0.9	$	189		3




Captive Benefits In Quarter ($MM)								$	13					$	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

SECOND QUARTER 2012

Net Operating Loss—Corporate and Runoff Division

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	2		$	1		$	3		$	2		$	89		$	84		$	85		$	260
Net investment income		52			38			90			49			35			55			33			172
Net investment gains (losses)		(25	)		7			(18	)		(36	)		(170	)		(14	)		(14	)		(234	)
Insurance and investment product fees and other		75			73			148			142			68			63			66			339

Total revenues		104			119			223			157			22			188			170			537

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		14			1			15			1			86			69			78			234
Interest credited		34			33			67			32			34			34			35			135
Acquisition and operating expenses, net of deferrals		49			49			98			49			49			46			48			192
Amortization of deferred acquisition costs and intangibles		20			(1	)		19			5			35			23			19			82
Goodwill Impairment		—			—			—			29			—			—			—			29
Interest expense		85			62			147			82			82			87			82			333

Total benefits and expenses		202			144			346			198			286			259			262			1,005

LOSS BEFORE INCOME TAXES		(98	)		(25	)		(123	)		(41	)		(264	)		(71	)		(92	)		(468	)
Provision (benefit) for income taxes		(33	)		(15	)		(48	)		(48	)		(100	)		11			(17	)		(154	)

NET INCOME (LOSS)		(65	)		(10	)		(75	)		7			(164	)		(82	)		(75	)		(314	)

ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		15			(4	)		11			22			101			8			7			138
Gain on sale of business, net of taxes		—			—			—			(36	)		—			—			—			(36	)

NET OPERATING LOSS	$	(50	)	$	(14	)	$	(64	)	$	(7	)	$	(63	)	$	(74	)	$	(68	)	$	(212	)


Effective tax rate (operating loss)		34.0	%		57.5	%		40.8	%		91.6	%		43.1	%		-22.7	%		15.5	%		37.2	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income (Loss)—Corporate and Runoff Division

(amounts in millions)


Three months ended June 30, 2012	Runoff Segment			Corporate and Other⁽¹⁾			Total
REVENUES:
Premiums	$	2		$	—		$	2
Net investment income		36			16			52
Net investment gains (losses)		(25	)		—			(25	)
Insurance and investment product fees and other		51			24			75

Total revenues		64			40			104

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		14			—			14
Interest credited		34			—			34
Acquisition and operating expenses, net of deferrals		21			28			49
Amortization of deferred acquisition costs and intangibles		17			3			20
Interest expense		1			84			85

Total benefits and expenses		87			115			202

LOSS BEFORE INCOME TAXES		(23	)		(75	)		(98	)
Benefit for income taxes		(2	)		(31	)		(33	)

NET LOSS		(21	)		(44	)		(65	)

ADJUSTMENT TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		15			—			15

NET OPERATING LOSS	$	(6	)	$	(44	)	$	(50	)


Effective tax rate (operating loss)		NM	⁽²⁾		41.8	%		34.0	%
Three months ended June 30, 2011	Runoff Segment			Corporate and Other⁽¹⁾			Total
REVENUES:
Premiums	$	84		$	—		$	84
Net investment income		37			18			55
Net investment gains (losses)		(11	)		(3	)		(14	)
Insurance and investment product fees and other		57			6			63

Total revenues		167			21			188

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		69			—			69
Interest credited		34			—			34
Acquisition and operating expenses, net of deferrals		37			9			46
Amortization of deferred acquisition costs and intangibles		20			3			23
Interest expense		1			86			87

Total benefits and expenses		161			98			259

INCOME (LOSS) BEFORE INCOME TAXES		6			(77	)		(71	)
Provision (benefit) for income taxes		(6	)		17			11

NET INCOME (LOSS)		12			(94	)		(82	)

ADJUSTMENT TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		6			2			8

NET OPERATING INCOME (LOSS)	$	18		$	(92	)	$	(74	)


Effective tax rate (operating income (loss))		-28.8	%		-23.8	%		-22.7	%

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

⁽²⁾	“NM” is defined as not meaningful for percentages greater than 200%.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income (Loss)—Corporate and Runoff Division

(amounts in millions)


Six months ended June 30, 2012	Runoff Segment			Corporate and Other⁽¹⁾			Total
REVENUES:
Premiums	$	3		$	—		$	3
Net investment income		74			16			90
Net investment gains (losses)		17			(35	)		(18	)
Insurance and investment product fees and other		103			45			148

Total revenues		197			26			223

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		15			—			15
Interest credited		67			—			67
Acquisition and operating expenses, net of deferrals		40			58			98
Amortization of deferred acquisition costs and intangibles		13			6			19
Interest expense		1			146			147

Total benefits and expenses		136			210			346

INCOME (LOSS) BEFORE INCOME TAXES		61			(184	)		(123	)
Provision (benefit) for income taxes		20			(68	)		(48	)

NET INCOME (LOSS)		41			(116	)		(75	)

ADJUSTMENT TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		(12	)		23			11

NET OPERATING INCOME (LOSS)	$	29		$	(93	)	$	(64	)


Effective tax rate (operating income (loss))		31.0	%		38.0	%		40.8	%
Six months ended June 30, 2011	Runoff Segment			Corporate and Other⁽¹⁾			Total
REVENUES:
Premiums	$	169		$	—		$	169
Net investment income		71			17			88
Net investment gains (losses)		(11	)		(17	)		(28	)
Insurance and investment product fees and other		116			13			129

Total revenues		345			13			358

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		147			—			147
Interest credited		69			—			69
Acquisition and operating expenses, net of deferrals		83			11			94
Amortization of deferred acquisition costs and intangibles		36			6			42
Interest expense		1			168			169

Total benefits and expenses		336			185			521

INCOME (LOSS) BEFORE INCOME TAXES		9			(172	)		(163	)
Benefit for income taxes		(5	)		(1	)		(6	)

NET INCOME (LOSS)		14			(171	)		(157	)

ADJUSTMENT TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		5			10			15

NET OPERATING INCOME (LOSS)	$	19		$	(161	)	$	(142	)


Effective tax rate (operating income (loss))		-25.5	%		-3.3	%		-0.9	%

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

Runoff Segment

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Income (Loss) and Sales—Runoff Segment

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	2		$	1		$	3		$	2		$	89		$	84		$	85		$	260
Net investment income		36			38			74			36			33			37			34			140
Net investment gains (losses)		(25	)		42			17			(4	)		(159	)		(11	)		—			(174	)
Insurance and investment product fees and other		51			52			103			128			55			57			59			299

Total revenues		64			133			197			162			18			167			178			525

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		14			1			15			1			86			69			78			234
Interest credited		34			33			67			32			34			34			35			135
Acquisition and operating expenses, net of deferrals		21			19			40			24			35			37			46			142
Amortization of deferred acquisition costs and intangibles		17			(4	)		13			2			32			20			16			70
Interest expense		1			—			1			1			—			1			—			2

Total benefits and expenses		87			49			136			60			187			161			175			583

INCOME (LOSS) BEFORE INCOME TAXES		(23	)		84			61			102			(169	)		6			3			(58	)
Provision (benefit) for income taxes		(2	)		22			20			54			(70	)		(6	)		1			(21	)

NET INCOME (LOSS)		(21	)		62			41			48			(99	)		12			2			(37	)
ADJUSTMENTS TO NET INCOME (LOSS):
Net investment (gains) losses, net of taxes and other adjustments		15			(27	)		(12	)		3			92			6			(1	)		100
Gain on sale of business, net of taxes		—			—			—			(36	)		—			—			—			(36	)

NET OPERATING INCOME (LOSS)	$	(6	)	$	35		$	29		$	15		$	(7	)	$	18		$	1		$	27


Effective tax rate (operating income (loss))		NM	⁽¹⁾		16.9	%		31.0	%		45.9	%		76.0	%		-28.8	%		17.0	%		-97.3	%

⁽¹⁾	“NM” is defined as not meaningful for percentages greater than 200%.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Selected Operating Performance Measures—Runoff Segment

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Variable Annuities:
Income Distribution Series
Account value, beginning of the period	$	6,398		$	6,265		$	6,265		$	6,148		$	6,606		$	6,687		$	6,590		$	6,590
Deposits		20			26			46			23			30			33			117			203
Surrenders, benefits and product charges		(168	)		(174	)		(342	)		(159	)		(171	)		(171	)		(185	)		(686	)

Net flows		(148	)		(148	)		(296	)		(136	)		(141	)		(138	)		(68	)		(483	)
Interest credited and investment performance		(21	)		281			260			253			(317	)		57			165			158

Account value, end of the period		6,229			6,398			6,229			6,265			6,148			6,606			6,687			6,265

Traditional Variable Annuities
Account value, net of reinsurance, beginning of the period		1,819			1,766			1,766			1,735			2,012			2,096			2,078			2,078
Deposits		3			3			6			3			4			3			17			27
Surrenders, benefits and product charges		(81	)		(89	)		(170	)		(82	)		(73	)		(100	)		(88	)		(343	)

Net flows		(78	)		(86	)		(164	)		(79	)		(69	)		(97	)		(71	)		(316	)
Interest credited and investment performance		(38	)		139			101			110			(208	)		13			89			4

Account value, net of reinsurance, end of the period		1,703			1,819			1,703			1,766			1,735			2,012			2,096			1,766

Variable Life Insurance
Account value, beginning of the period		305			284			284			272			314			319			313			313
Deposits		2			3			5			2			3			3			3			11
Surrenders, benefits and product charges		(10	)		(8	)		(18	)		(8	)		(12	)		(11	)		(11	)		(42	)

Net flows		(8	)		(5	)		(13	)		(6	)		(9	)		(8	)		(8	)		(31	)
Interest credited and investment performance		(4	)		26			22			18			(33	)		3			14			2

Account value, end of the period		293			305			293			284			272			314			319			284

Total Variable Annuities	$	8,225		$	8,522		$	8,225		$	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	$	2,594		$	2,623		$	2,623		$	2,717		$	3,043		$	3,317		$	3,717		$	3,717
Surrenders and benefits		(385	)		(55	)		(440	)		(111	)		(341	)		(312	)		(435	)		(1,199	)

Net flows		(385	)		(55	)		(440	)		(111	)		(341	)		(312	)		(435	)		(1,199	)
Interest credited		18			21			39			21			24			28			33			106
Foreign currency translation		(6	)		5			(1	)		(4	)		(9	)		10			2			(1	)

Account value, end of period	$	2,221		$	2,594		$	2,221		$	2,623		$	2,717		$	3,043		$	3,317		$	2,623

Corporate and Other

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Net Operating Loss—Corporate and Other⁽¹⁾

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		16			—			16			13			2			18			(1	)		32
Net investment gains (losses)		—			(35	)		(35	)		(32	)		(11	)		(3	)		(14	)		(60	)
Insurance and investment product fees and other		24			21			45			14			13			6			7			40

Total revenues		40			(14	)		26			(5	)		4			21			(8	)		12

BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—			—			—
Interest credited		—			—			—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		28			30			58			25			14			9			2			50
Amortization of deferred acquisition costs and intangibles		3			3			6			3			3			3			3			12
Goodwill impairment		—			—			—			29			—			—			—			29
Interest expense		84			62			146			81			82			86			82			331

Total benefits and expenses		115			95			210			138			99			98			87			422

LOSS BEFORE INCOME TAXES		(75	)		(109	)		(184	)		(143	)		(95	)		(77	)		(95	)		(410	)
Provision (benefit) for income taxes		(31	)		(37	)		(68	)		(102	)		(30	)		17			(18	)		(133	)

NET LOSS		(44	)		(72	)		(116	)		(41	)		(65	)		(94	)		(77	)		(277	)
ADJUSTMENT TO NET LOSS:
Net investment (gains) losses, net of taxes and other adjustments		—			23			23			19			9			2			8			38

NET OPERATING LOSS	$	(44	)	$	(49	)	$	(93	)	$	(22	)	$	(56	)	$	(92	)	$	(69	)	$	(239	)


Effective tax rate (operating loss)		41.8	%		34.1	%		38.0	%		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

SECOND QUARTER 2012

Investments Summary

(amounts in millions)


		June 30, 2012					March 31, 2012					December 31, 2011					September 30, 2011					June 30, 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		$	35,553		46	%	$	34,598		46	%	$	34,770		46	%	$	34,689		46	%	$	33,127		46	%
Private fixed maturity securities			10,119		13			9,992		13			9,480		12			9,309		12			9,213		13
Residential mortgage-backed securities⁽¹⁾			5,377		7			5,250		7			5,129		7			4,747		6			4,280		6
Commercial mortgage-backed securities			2,900		4			2,987		4			3,045		4			3,139		4			3,280		5
Other asset-backed securities			2,531		3			2,396		3			2,516		3			2,030		3			1,984		3
Tax-exempt			310		1			341		1			503		1			693		1			865		1
Non-investment grade fixed maturity securities			3,001		4			2,968		4			2,852		4			3,209		4			3,472		5
Equity securities:
Common stocks and mutual funds			374		1			384		1			306		—			284		—			263		—
Preferred stocks			57		—			50		—			55		—			70		—			111		—
Commercial mortgage loans			5,875		8			6,030		8			6,092		8			6,271		8			6,432		9
Restricted commercial mortgage loans related to securitization entities			382		—			392		1			411		1			430		1			457		1
Policy loans			1,619		2			1,555		2			1,549		2			1,556		2			1,542		2
Cash, cash equivalents and short-term investments			4,150		5			4,404		6			5,145		7			3,822		5			2,986		4
Securities lending			175		—			93		—			406		1			204		—			554		1
Other invested assets:	Limited partnerships		357		—			352		—			344		—			355		1			346		—
	Derivatives:
	LTC forward starting swap—cash flow		801		1			252		—			648		1			1,515		2			264		—
	Other cash flow		3		—			1		—			—		—			—		—			—		—
	Fair value		54		—			69		—			75		—			93		—			116		—
	Equity index options—non-qualified		31		—			21		—			55		—			62		—			39		—
	LTC swaptions—non-qualified		—		—			—		—			—		—			—		—			—		—
	Other non-qualified		710		1			516		1			707		1			745		1			401		1
	Trading portfolio		752		1			770		1			788		1			639		1			607		1
	Counterparty collateral		1,218		2			589		1			1,023		1			1,733		2			705		1
	Restricted other invested assets related to securitization entities		391		1			384		1			377		—			377		1			379		1
	Other		135		—			121		—			116		—			106		—			114		—

Total invested assets and cash		$	76,875		100	%	$	74,515		100	%	$	76,392		100	%	$	76,078		100	%	$	71,537		100	%

Public Fixed Maturity Securities—Credit Quality:
Rating Agency Designation
AAA		$	17,055		37	%	$	16,612		37	%	$	17,179		38	%	$	17,035		38	%	$	16,253		37	%
AA			4,498		10			4,574		10			4,666		10			5,038		11			5,007		12
A			13,083		28			12,542		28			12,577		28			12,499		28			11,870		27
BBB			9,759		21			9,638		21			9,334		21			8,721		19			8,374		19
BB			1,205		3			1,173		3			1,102		2			1,206		3			1,257		3
B			160		—			150		—			142		—			233		—			279		1
CCC and lower			408		1			424		1			420		1			449		1			485		1

Total public fixed maturity securities		$	46,168		100	%	$	45,113		100	%	$	45,420		100	%	$	45,181		100	%	$	43,525		100	%

Private Fixed Maturity Securities—Credit Quality:
Rating Agency Designation
AAA		$	1,649		12	%	$	1,581		12	%	$	1,754		14	%	$	1,305		10	%	$	1,372		11	%
AA			1,170		9			1,122		8			1,079		8			1,072		9			989		8
A			4,238		31			4,290		32			3,993		31			4,087		32			3,967		31
BBB			5,338		39			5,205		39			4,861		38			4,850		39			4,917		39
BB			906		7			966		7			929		7			974		8			1,063		8
B			171		1			119		1			125		1			168		1			170		1
CCC and lower			151		1			136		1			134		1			179		1			218		2

Total private fixed maturity securities		$	13,623		100	%	$	13,419		100	%	$	12,875		100	%	$	12,635		100	%	$	12,696		100	%

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

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Fixed Maturity Securities Summary

(amounts in millions)


	June 30, 2012					March 31, 2012					December 31, 2011					September 30, 2011					June 30, 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	$	4,985		8	%	$	4,574		8	%	$	4,863		8	%	$	4,825		8	%	$	3,682		6	%
Tax-exempt		310		1			341		—			503		1			693		1			865		1
Foreign government		2,505		4			2,291		4			2,211		4			2,165		4			2,389		4
U.S. corporate		25,545		43			25,207		43			25,258		43			25,368		44			24,047		43
Foreign corporate		14,585		24			14,442		25			13,757		24			13,705		24			14,428		26
Residential mortgage-backed securities		5,976		10			5,852		10			5,695		10			5,380		9			4,983		9
Commercial mortgage-backed securities		3,268		6			3,346		6			3,400		6			3,543		6			3,721		7
Other asset-backed securities		2,617		4			2,479		4			2,608		4			2,137		4			2,106		4

Total fixed maturity securities	$	59,791		100	%	$	58,532		100	%	$	58,295		100	%	$	57,816		100	%	$	56,221		100	%

Corporate Bond Holdings—Industry Sector:
Investment Grade:
Finance and insurance	$	8,028		21	%	$	8,138		21	%	$	7,919		21	%	$	8,119		22	%	$	8,253		23	%
Utilities and energy		8,965		23			8,752		23			8,653		23			8,608		23			8,175		22
Consumer—non-cyclical		4,917		13			4,778		13			4,662		12			4,569		12			4,250		12
Consumer—cyclical		2,249		6			2,183		6			2,088		6			1,976		5			1,830		5
Capital goods		2,413		6			2,345		6			2,388		6			2,485		7			2,282		6
Industrial		2,341		6			2,267		6			2,149		6			1,995		5			1,902		5
Technology and communications		2,629		7			2,630		7			2,522		7			2,443		7			2,377		6
Transportation		1,454		4			1,435		4			1,445		4			1,403		4			1,305		4
Other		5,322		14			5,331		14			5,520		15			5,580		15			6,074		17

Subtotal		38,318		100	%		37,859		100	%		37,346		100	%		37,178		100	%		36,448		100	%

Non-Investment Grade:
Finance and insurance		414		23	%		348		20	%		290		17	%		375		20	%		425		21	%
Utilities and energy		381		21			396		22			340		21			322		17			294		15
Consumer—non-cyclical		135		7			142		8			132		8			166		9			209		10
Consumer—cyclical		76		4			76		4			72		4			106		5			123		6
Capital goods		310		17			303		17			303		18			335		17			318		16
Industrial		269		15			280		16			286		17			318		17			356		17
Technology and communications		140		8			165		9			159		10			168		9			183		9
Transportation		59		3			60		3			68		4			88		5			95		5
Other		28		2			20		1			19		1			17		1			24		1

Subtotal		1,812		100	%		1,790		100	%		1,669		100	%		1,895		100	%		2,027		100	%

Total	$	40,130		100	%	$	39,649		100	%	$	39,015		100	%	$	39,073		100	%	$	38,475		100	%

Fixed Maturity Securities—Contractual Maturity Dates:
Due in one year or less	$	3,054		5	%	$	2,958		5	%	$	2,756		5	%	$	2,720		5	%	$	2,857		5	%
Due after one year through five years		10,765		18			11,183		19			11,225		19			11,172		19			12,103		22
Due after five years through ten years		11,569		19			11,066		19			10,472		18			10,612		18			10,031		18
Due after ten years		22,542		38			21,648		37			22,139		38			22,252		39			20,420		36

Subtotal		47,930		80			46,855		80			46,592		80			46,756		81			45,411		81
Mortgage and asset-backed securities		11,861		20			11,677		20			11,703		20			11,060		19			10,810		19

Total fixed maturity securities	$	59,791		100	%	$	58,532		100	%	$	58,295		100	%	$	57,816		100	%	$	56,221		100	%

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Commercial Mortgage Loans Summary

(amounts in millions)


	June 30, 2012						March 31, 2012						December 31, 2011						September 30, 2011						June 30, 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	$	1,640			28	%	$	1,629			27	%	$	1,631			27	%	$	1,624			27	%	$	1,624			25	%
Pacific		1,486			25			1,504			25			1,539			25			1,598			25			1,615			25
Middle Atlantic		715			12			750			12			734			12			810			13			865			13
East North Central		528			9			544			9			557			9			568			9			577			9
Mountain		461			8			482			8			497			8			500			8			516			8
New England		344			6			385			6			388			6			390			6			422			7
West North Central		320			5			332			5			337			5			344			5			349			5
West South Central		269			4			293			5			298			5			329			5			348			5
East South Central		155			3			157			3			159			3			158			2			169			3

Subtotal		5,918			100	%		6,076			100	%		6,140			100	%		6,321			100	%		6,485			100	%

Allowance for losses		(46	)					(49	)					(51	)					(54	)					(57	)
Unamortized fees and costs		3						3						3						4						4

Total	$	5,875					$	6,030					$	6,092					$	6,271					$	6,432

Property Type
Retail	$	1,899			32	%	$	1,907			31	%	$	1,898			31	%	$	1,889			30	%	$	1,912			30	%
Industrial		1,623			27			1,688			28			1,707			28			1,736			28			1,753			27
Office		1,520			26			1,553			26			1,590			26			1,647			26			1,757			27
Apartments		595			10			626			10			641			10			708			11			718			11
Mixed use/other		281			5			302			5			304			5			341			5			345			5

Subtotal		5,918			100	%		6,076			100	%		6,140			100	%		6,321			100	%		6,485			100	%

Allowance for losses		(46	)					(49	)					(51	)					(54	)					(57	)
Unamortized fees and costs		3						3						3						4						4

Total	$	5,875					$	6,030					$	6,092					$	6,271					$	6,432

Allowance for Losses on Commercial Mortgage Loans
Beginning balance	$	49					$	51					$	54					$	57					$	58
Provision		—						—						—						—						3
Release		(3	)					(2	)					(3	)					(3	)					(4	)

Ending balance	$	46					$	49					$	51					$	54					$	57

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Commercial Mortgage Loans Summary

(amounts in millions)


	June 30, 2012					March 31, 2012					December 31, 2011					September 30, 2011					June 30, 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	$	2,583		44	%	$	2,655		44	%	$	2,698		44	%	$	2,810		45	%	$	2,883		44	%
$5 million but less than $10 million		1,512		25			1,540		25			1,540		25			1,600		25			1,597		25
$10 million but less than $20 million		1,063		18			1,117		18			1,161		19			1,199		19			1,168		18
$20 million but less than $30 million		247		4			249		4			225		4			305		5			350		5
$30 million and over		513		9			515		9			516		8			407		6			487		8

Subtotal		5,918		100	%		6,076		100	%		6,140		100	%		6,321		100	%		6,485		100	%

Net premium/discount		—					—					—					—					—

Total	$	5,918				$	6,076				$	6,140				$	6,321				$	6,485

Commercial Mortgage Loan Information by Vintage as of June 30, 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	$	1,566		697	$	2		45	%	$	—		—	$	—
2005		1,293		295	$	4		61	%		15		4	$	4
2006		1,188		268	$	4		68	%		—		—	$	—
2007		1,034		175	$	6		74	%		67		2	$	34
2008		263		56	$	5		73	%		4		1	$	4
2009		—		—	$	—		—	%		—		—	$	—
2010		100		17	$	6		59	%		—		—	$	—
2011		290		55	$	5		64	%		—		—	$	—
2012		184		34	$	5		64	%		—		—	$	—

Total	$	5,918		1,597	$	4		61	%	$	86		7	$	12

⁽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 June 30, 2012.

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

General Account GAAP Net Investment Income Yields

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
GAAP Net Investment Income
Fixed maturity securities—taxable	$	669		$	660		$	1,329		$	665		$	669		$	693		$	670		$	2,697
Fixed maturity securities—non-taxable		3			4			7			6			8			10			11			35
Commercial mortgage loans		85			84			169			92			89			92			92			365
Restricted commercial mortgage loans related to securitization entities		7			9			16			10			11			9			10			40
Equity securities		6			4			10			3			3			10			3			19
Other invested assets		36			43			79			36			31			38			30			135
Limited partnerships		20			10			30			(5	)		11			17			4			27
Restricted other invested assets related to securitization entities		—			—			—			—			—			—			—			—
Policy loans		31			31			62			31			30			30			29			120
Cash, cash equivalents and short-term investments		10			10			20			13			12			6			6			37

Gross investment income before expenses and fees		867			855			1,722			851			864			905			855			3,475
Expenses and fees		(21	)		(23	)		(44	)		(24	)		(22	)		(24	)		(25	)		(95	)

Net investment income	$	846		$	832		$	1,678		$	827		$	842		$	881		$	830		$	3,380

Annualized Yields
Fixed maturity securities—taxable		4.9	%		4.9	%		4.9	%		4.9	%		5.0	%		5.2	%		5.0	%		5.0	%
Fixed maturity securities—non-taxable		3.3	%		3.4	%		3.3	%		3.6	%		3.8	%		4.1	%		4.2	%		4.0	%
Commercial mortgage loans		5.7	%		5.5	%		5.6	%		6.0	%		5.6	%		5.6	%		5.5	%		5.7	%
Restricted commercial mortgage loans related to securitization entities		7.6	%		9.0	%		8.1	%		9.5	%		10.1	%		7.8	%		7.6	%		8.8	%
Equity securities		5.7	%		4.1	%		5.0	%		3.4	%		3.4	%		11.7	%		3.2	%		5.4	%
Other invested assets		13.9	%		15.8	%		15.1	%		14.3	%		13.4	%		15.8	%		11.7	%		13.6	%
Limited partnerships⁽¹⁾		22.6	%		11.5	%		17.2	%		-5.7	%		12.6	%		19.9	%		5.1	%		7.8	%
Restricted other invested assets related to securitization entities		0.1	%		-	%		0.2	%		-	%		0.2	%		0.2	%		0.3	%		-	%
Policy loans		7.8	%		8.0	%		7.9	%		8.0	%		7.7	%		7.9	%		8.0	%		7.9	%
Cash, cash equivalents and short-term investments		0.9	%		0.8	%		0.9	%		1.2	%		1.4	%		0.7	%		0.7	%		1.0	%

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

Net investment income		4.9	%		4.8	%		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

SECOND QUARTER 2012

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

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Net realized gains (losses) on available-for-sale securities:
Fixed maturity securities:
U.S. corporate	$	(1	)	$	8		$	7		$	15		$	4		$	1		$	(3	)	$	17
U.S. government, agencies and government-sponsored enterprises		2			2			4			5			1			—			3			9
Foreign corporate		1			1			2			(3	)		17			(8	)		(1	)		5
Foreign government		2			1			3			1			3			2			—			6
Tax-exempt		1			(1	)		—			7			1			(1	)		—			7
Mortgage-backed securities		(2	)		(2	)		(4	)		(8	)		(2	)		(1	)		(2	)		(13	)
Asset-backed securities		—			1			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		3			10			13			17			23			(6	)		(1	)		33

Impairments:
Sub-prime residential mortgage-backed securities		(2	)		(2	)		(4	)		(2	)		(1	)		(3	)		(6	)		(12	)
Alt-A residential mortgage-backed securities		(7	)		(3	)		(10	)		(3	)		(2	)		(2	)		(4	)		(11	)

Total sub-prime and Alt-A residential mortgage-backed securities		(9	)		(5	)		(14	)		(5	)		(3	)		(5	)		(10	)		(23	)

Prime residential mortgage-backed securities		(3	)		—			(3	)		(1	)		(3	)		(2	)		(3	)		(9	)
Other mortgage-backed securities		(1	)		(1	)		(2	)		(3	)		—			—			—			(3	)
Commercial mortgage-backed securities		(3	)		(3	)		(6	)		(3	)		(1	)		(4	)		—			(8	)
Corporate fixed maturity securities		(10	)		—			(10	)		—			(27	)		—			(9	)		(36	)
Limited partnerships		(1	)		—			(1	)		—			—			(1	)		—			(1	)
Commercial mortgage loans		—			(1	)		(1	)		—			—			(4	)		(1	)		(5	)

Total impairments		(27	)		(10	)		(37	)		(12	)		(34	)		(16	)		(23	)		(85	)

Net unrealized gains (losses) on trading securities		22			(17	)		5			(6	)		7			9			7			17
Derivative instruments		(18	)		17			(1	)		2			(50	)		(10	)		(6	)		(64	)
Commercial mortgage loans held-for-sale market valuation allowance		1			2			3			2			2			1			(1	)		4
Contingent purchase price valuation change		—			(1	)		(1	)		(1	)		(15	)		(1	)		—			(17	)
Net gains (losses) related to securitization entities		(3	)		22			19			3			(37	)		(3	)		6			(31	)
Other		—			—			—			(1	)		1			—			—			—

Net investment gains (losses), net of taxes		(22	)		23			1			4			(103	)		(26	)		(18	)		(143	)
Adjustment for DAC and other intangible amortization and certain benefit reserves, net of taxes		3			(5	)		(2	)		(3	)		26			3			3			29
Adjustment for net investment (gains) losses attributable to noncontrolling interests, net of taxes		—			(2	)		(2	)		—			(1	)		—			(1	)		(2	)

Net investment gains (losses), net of taxes and other adjustments	$	(19	)	$	16		$	(3	)	$	1		$	(78	)	$	(23	)	$	(16	)	$	(116	)

Reconciliations of Non-GAAP Measures

GENWORTH FINANCIAL, INC.

FINANCIAL SUPPLEMENT

SECOND QUARTER 2012

Reconciliation of Operating ROE

(amounts in millions)


Twelve Month Rolling Average ROE	Twelve months ended
	June 30, 2012			March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011
GAAP Basis ROE
Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the twelve months ended⁽¹⁾	$	249		$	37		$	49		$	(302	)	$	(210	)
Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	11,004		$	10,973		$	10,945		$	10,969		$	11,040
GAAP Basis ROE⁽¹⁾ divided by⁽²⁾		2.3	%		0.3	%		0.4	%		-2.8	%		-1.9	%

Operating ROE
Net operating income (loss) for the twelve months ended⁽¹⁾	$	278		$	85		$	129		$	(159	)	$	(200	)
Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss)⁽²⁾	$	11,004		$	10,973		$	10,945		$	10,969		$	11,040
Operating ROE⁽¹⁾ divided by⁽²⁾		2.5	%		0.8	%		1.2	%		-1.4	%		-1.8	%

Quarterly Average ROE	Three months ended
	June 30, 2012			March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011
GAAP Basis ROE
Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the period ended⁽³⁾	$	76		$	47		$	142		$	(16	)	$	(136	)
Average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	11,123		$	11,052		$	10,947		$	10,877		$	10,945
Annualized GAAP Quarterly Basis ROE ⁽³⁾ divided by⁽⁴⁾		2.7	%		1.7	%		5.2	%		-0.6	%		-5.0	%

Operating ROE
Net operating income (loss) for the period ended⁽³⁾	$	80		$	31		$	105		$	62		$	(113	)
Quarterly average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding accumulated other comprehensive income (loss)⁽⁴⁾	$	11,123		$	11,052		$	10,947		$	10,877		$	10,945
Annualized Operating Quarterly Basis ROE ⁽³⁾ divided by⁽⁴⁾		2.9	%		1.1	%		3.8	%		2.3	%		-4.1	%

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

SECOND QUARTER 2012

Reconciliation of Expense Ratio

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
GAAP Basis Expense Ratio
Acquisition and operating expenses, net of deferrals⁽¹⁾	$	502		$	530		$	1,032		$	569		$	581		$	581		$	563		$	2,294
Total revenues⁽²⁾	$	2,523		$	2,426		$	4,949		$	2,624		$	2,521		$	2,655		$	2,568		$	10,368

Expense ratio⁽¹⁾ divided by⁽²⁾		19.9	%		21.8	%		20.9	%		21.7	%		23.0	%		21.9	%		21.9	%		22.1	%

GAAP Basis, As Adjusted—Expense Ratio
Acquisition and operating expenses, net of deferrals	$	502		$	530		$	1,032		$	569		$	581		$	581		$	563		$	2,294
Less lifestyle protection insurance business		126			127			253			139			143			156			152			590
Less wealth management business		64			92			156			93			95			92			92			372

Adjusted acquisition and operating expenses, net of deferrals⁽³⁾	$	312		$	311		$	623		$	337		$	343		$	333		$	319		$	1,332

Total revenues	$	2,523		$	2,426		$	4,949		$	2,624		$	2,521		$	2,655		$	2,568		$	10,368
Less lifestyle protection insurance business		211			218			429			226			245			281			270			1,022
Less wealth management business		122			112			234			114			115			114			110			453
Less net investment gains (losses)		(35	)		34			(1	)		7			(155	)		(41	)		(30	)		(219	)

Adjusted total revenues⁽⁴⁾	$	2,225		$	2,062		$	4,287		$	2,277		$	2,316		$	2,301		$	2,218		$	9,112

Adjusted expense ratio⁽³⁾ divided by⁽⁴⁾		14.0	%		15.1	%		14.5	%		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

SECOND QUARTER 2012

Reconciliation of Core Premiums

(amounts in millions)


	2012									2011
	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
Reported premiums	$	1,302		$	1,107		$	2,409		$	1,352		$	1,461		$	1,455		$	1,437		$	5,705
Less U.S. Life Insurance—fixed annuities premiums		15			33			48			33			22			20			20			95
Less impact of changes in foreign exchange rates		(23	)		(3	)		(26	)		7			54			44			10			115

Core premiums	$	1,310		$	1,077		$	2,387		$	1,312		$	1,385		$	1,391		$	1,407		$	5,495

Reported premium percentage change from prior year		-10.5	%		-23.0	%		-16.7	%		-7.8	%		1.0	%		-1.0	%		-2.2	%		-2.5	%
Core premium percentage change from prior year		-5.8	%		-23.5	%		-14.7	%		-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

SECOND QUARTER 2012

Reconciliation of Core Yield


		2012									2011
	(Assets—amounts in billions)	2Q			1Q			Total			4Q			3Q			2Q			1Q			Total
	Reported—Total Invested Assets and Cash	$	76.9		$	74.5		$	76.9		$	76.4		$	76.1		$	71.5		$	71.8		$	76.4
	Subtract:
	Securities lending		0.2			0.1			0.2			0.4			0.2			0.6			0.8			0.4
	Unrealized gains (losses)		6.4			4.1			6.4			5.0			5.7			1.7			1.2			5.0
	Derivative counterparty collateral		1.2			0.6			1.2			1.0			1.7			0.7			0.7			1.0

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

(A)	Average Invested Assets Used in Reported Yield Calculation	$	69.4		$	69.9		$	69.7		$	69.2		$	68.5		$	68.8		$	68.9		$	68.9
	Subtract:
	Restricted commercial mortgage loans and other invested assets related to securitization entities		0.3			0.4			0.4			0.4			0.4			0.5			0.5			0.5

(B)	Average Invested Assets Used in Core Yield Calculation		69.1			69.5			69.3			68.8			68.1			68.3			68.4			68.4
	Subtract:
	Portfolios supporting floating products and non-recourse funding obligations⁽¹⁾		6.8			7.5			7.2			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	$	62.3		$	62.0		$	62.1		$	60.9		$	60.0		$	60.0		$	59.8		$	60.2

	(Income—amounts in millions)
(D)	Reported—Net Investment Income	$	846		$	832		$	1,678		$	827		$	842		$	881		$	830		$	3,380
	Subtract:
	Bond calls and commercial mortgage loan prepayments		4			5			9			10			8			16			8			42
	Reinsurance⁽²⁾		24			22			46			19			21			36			32			108
	Other non-core items⁽³⁾		8			4			12			7			3			15			2			27
	Restricted commercial mortgage loans and other invested assets related to securitization entities		5			5			10			6			8			5			7			26

(E)	Core Net Investment Income		805			796			1,601			785			802			809			781			3,177
	Subtract:
	Investment income from portfolios supporting floating products and non-recourse funding obligations⁽¹⁾		30			33			63			35			33			37			34			139

(F)	Core Net Investment Income (excl. Floating and Non-Recourse Funding)	$	775		$	763		$	1,538		$	750		$	769		$	772		$	747		$	3,038

(D) / (A)	Reported Yield		4.88	%		4.76	%		4.82	%		4.78	%		4.92	%		5.12	%		4.82	%		4.91	%
(E) / (B)	Core Yield		4.66	%		4.58	%		4.62	%		4.56	%		4.71	%		4.74	%		4.57	%		4.65	%
(F) / (C)	Core Yield (excl. Floating and Non-Recourse Funding)		4.98	%		4.92	%		4.95	%		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

SECOND 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	A3	A	A-
Genworth Life Insurance Company (short-term rating)	A - 1	P-1	Not rated	Not rated
Genworth Life and Annuity Insurance Company	A	A3	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	A3	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

SECOND 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,” “A3,” “Ba1”, ratings are the fifth-, seventh-, 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