Genworth Life & Annuity Insurance 8-K Other Events

Exhibit 99.2

FEDERAL HOME LIFE INSURANCE COMPANY

Statutory Statements of Admitted Assets, Liabilities and Capital and Surplus

(Amounts in millions, except per share amounts)

(Unaudited)

	As of June 30, 2006
Admitted Assets
Investments:
Bonds	$	623.0
Common stocks - affiliates		916.1
Mortgage loans		118.6
Policy loans		12.8
Cash and short-term investments		7.9
Total cash and invested assets		1,678.4
Reinsurance ceded		3.8
Deferred income taxes		3.8
Premiums and accounts receivable		2.2
Investment income due and accrued		8.1
Receivable from parent, subsidiaries, and affiliates		0.2
Other assets		1.5
Total admitted assets	$	1,698.0
Liabilities and Capital and Surplus
Liabilities:
Aggregate reserves - life and annuity contracts	$	418.3
Aggregate reserves - accident and health policies		27.9
Liability for deposit-type contracts		17.9
Liability for policy and contract claims		8.7
Interest maintenance reserve		9.0
General expenses due and accrued		3.3
Federal income taxes due or accrued		4.6
Remittances and items not allocated		1.1
Asset valuation reserve		7.4
Payable to parent, subsidiary and affiliates		2.1
Other liabilities		3.1
Total liabilities		503.4
Capital and surplus:
Common stock, Class A ($100 par value. Authorized 530,125 shares; issued and outstanding 219,821 shares)		22.0
Paid-in surplus		1,020.9
Unassigned surplus		151.7
Total capital and surplus		1,194.6
Total liabilities and capital and surplus	$	1,698.0

These financial statements should be read in conjunction with the audited statutory financial statements and related notes of Federal Home Life Insurance Company for the years ended December 31, 2005 and 2004.

FEDERAL HOME LIFE INSURANCE COMPANY

Statutory Statements of Summary of Operations

(Amounts in millions)

(Unaudited)

	Six months ended June 30,
	2006			2005
Revenues:
Premiums and annuity considerations	$	24.3		$	24.8
Considerations for supplementary contracts with life contingencies		0.4			0.6
Investment income		22.5			114.9
Amortization of interest maintenance reserve		1.0			1.2
Commission and expense allowances on reinsurance ceded		0.3			0.3
Total revenues		48.5			141.8
Benefits:
Death benefits		7.4			7.8
Annuity benefits		6.2			6.2
Disabilitiy benefits and benefits under accident and health policies		13.7			12.7
Surrender benefits and other fund withdrawals		17.6			16.4
Interest and adjustments on policy or deposit-type contract funds		0.6			0.6
Payments on supplementary contracts with life contingencies		0.8			0.7
Decrease in aggregate reserves - life, annuity and accident and health		(20.9	)		(16.5	)
Total benefits		25.4			27.9
Expenses:
Commissions		2.6			2.6
General insurance expenses		4.6			3.3
Insurance taxes, licenses and fees		0.6			0.6
Increase in loading on deferred and uncollected premiums		0.4			—
Total expenses		8.2			6.5
Total benefits and expenses		33.6			34.4
Income before federal income taxes and realized capital losses		14.9			107.4
Federal income tax provision		2.4			3.7
Income before realized capital losses		12.5			103.7
Realized capital losses, net		(0.2	)		(0.4	)
Net income	$	12.3		$	103.3

These financial statements should be read in conjunction with the audited statutory financial statements and related notes of Federal Home Life Insurance Company for the years ended December 31, 2005 and 2004.

FEDERAL HOME LIFE INSURANCE COMPANY

Statutory Statements of Changes in Capital and Surplus

(Amounts in millions)

(Unaudited)

	Common stock		Paid-in surplus		Unassigned surplus			Total
Balances as of December 31, 2004	$	22.0	$	1,020.9	$	167.3		$	1,210.2
Net income		—		—		103.3			103.3
Change in net unrealized capital gains (losses)		—		—		(70.8	)		(70.8	)
Change in net deferred income tax		—		—		(2.7	)		(2.7	)
Change in nonadmitted assets		—		—		2.1			2.1
Change in asset valuation reserve		—		—		0.3			0.3
Dividends to stockholders		—		—		(116.0	)		(116.0	)
Balances as of June 30, 2005	$	22.0	$	1,020.9	$	83.5		$	1,126.4
	Common stock		Paid-in surplus		Unassigned surplus			Total
Balances as of December 31, 2005	$	22.0	$	1,020.9	$	45.4		$	1,088.3
Net income		—		—		12.3			12.3
Change in net unrealized capital gains (losses)		—		—		90.2			90.2
Change in net deferred income tax		—		—		(3.9	)		(3.9	)
Change in nonadmitted assets		—		—		8.1			8.1
Change in asset valuation reserve		—		—		(0.4	)		(0.4	)
Balances as of June 30, 2006	$	22.0	$	1,020.9	$	151.7		$	1,194.6

These financial statements should be read in conjunction with the audited statutory financial statements and related notes of Federal Home Life Insurance Company for the years ended December 31, 2005 and 2004.

FEDERAL HOME LIFE INSURANCE COMPANY

Statutory Statements of Cash Flows

(Amounts in millions)

(Unaudited)

	Six months ended June 30,
	2006			2005
Premiums collected net of reinsurance	$	25.1		$	26.3
Net investment income		22.4			115.4
Miscellaneous income		0.3			0.3
Total		47.8			142.0
Benefit and loss related payments		48.6			46.5
Commissions, expenses paid, and aggregate write-ins for deductions		4.7			9.3
Federal income taxes paid, net of tax on capital gains		(0.1	)		(0.3	)
Total		53.2			55.5
Net cash provided by (applied to) operations		(5.4	)		86.5
Cash from investments:
Proceeds from investments sold, matured, or repaid:
Bonds		29.9			60.0
Mortgage loans		7.0			11.6
Miscellaneous proceeds		11.8			—
Total investment proceeds		48.7			71.6
Cost of investments acquired (long-term only):
Bonds		25.8			22.3
Mortgage loans		11.4			20.1
Total investment acquired		37.2			42.4
Net change in policy loans and premium notes		(0.4	)		(0.6	)
Net cash provided by investments		11.9			29.8
Cash from financing and miscellaneous sources:
Cash provided (applied):
Borrowed funds received		—			7.1
Net deposits on deposit-type contracts and other insurance liabilities		(2.1	)		(0.7	)
Dividends to stockholder		—			(116.0	)
Other cash applied		0.2			(9.7	)
Net cash applied to financing and miscellaneous sources		(1.9	)		(119.3	)
Reconciliation of cash and short-term investments:
Net change in cash and short-term investments		4.6			(3.0	)
Cash and short-term investments at beginning of period		3.3			1.6
Cash and short-term investments at end of period	$	7.9		$	(1.4	)

These financial statements should be read in conjunction with the audited statutory financial statements and related notes of Federal Home Life Insurance Company for the years ended December 31, 2005 and 2004.