Genworth Financial (GNW) 8-K Results of Operations and Financial Condition

Exhibit 99.2

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Table of Contents	Page
Investor Letter	3
Use of Non-GAAP Measures	4
Financial Highlights	5
First Quarter Results
Reconciliation of Net Income to Net Operating Income	7
Net Income and Net Operating Income	8
Consolidated Net Income and Net Operating Income by Quarter	9
Consolidated Balance Sheet	10-11
Consolidated Balance Sheet by Segment	12-13
Deferred Acquisition Costs Rollforward	14
Quarterly Results by Segment
Consolidated Segment Net Income and Segment Net Operating Income	17-19
Segment Net Income and Segment Net Operating Income and Sales—Retirement and Protection	20-32
Segment Net Income and Segment Net Operating Income and Sales—International	33-41
Segment Net Income and Segment Net Operating Income and Sales—U.S. Mortgage Insurance	42-48
Net Loss and Net Operating Loss—Corporate and Other	49-50
Additional Financial Data
Investments Summary	52
Fixed Maturities Summary	53
Commercial Mortgage Loans Data	54
General Account GAAP Net Investment Income Yields	55
Reconciliations of Non-GAAP Measures	56-60
Corporate Information
Industry Ratings	62-63

2

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Dear Investor,

You will note that this first quarter supplement has some new disclosures in an effort to provide additional transparency into our financial trends. The new disclosures are: (1) balance sheets by segment, (2) loans in default and claims for our international mortgage insurance business, (3) U.S. Mortgage Insurance loan portfolio information, and (4) U.S. Mortgage Insurance primary insurance in-force and risk in-force by year of policy origination.

In addition, a reminder that our group life and health insurance business is now reported as a discontinued operation and is no longer included in our net operating income. The sale of this business is expected to close during the second quarter of 2007.

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

Regards,

Alicia Charity

Vice President

Investor Relations

804-662-2248

Linnea Olsen

Director

Investor Relations

804-662-2536

3

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Use of Non-GAAP Measures

This financial supplement includes the non-GAAP⁽¹⁾ financial measure entitled “net operating income.” The company defines net operating income as net income from continuing operations, excluding after-tax net investment gains (losses), net of taxes and other adjustments, changes in accounting principles and infrequent or unusual non-operating items. There were no infrequent or unusual non-operating items excluded from net operating income for the periods presented in this financial supplement other than $14 million after-tax of reorganization related expenses recorded in the first quarter of 2007.

Management believes that analysis of net operating income enhances understanding and comparability of performance by highlighting underlying business activity and profitability drivers. However, net operating income should not be viewed as a substitute for GAAP net income. In addition, the company’s definition of net operating income may differ from the definitions used by other companies. The table on page 7 of this report provides a reconciliation of net income to net operating income (as defined above) for the three months ended March 31, 2007 and 2006.

This financial supplement includes other non-GAAP measures management believes enhances the understanding and comparability of performance by highlighting underlying business activity and profitability drivers. These additional non-GAAP measures are on pages 56 through 60 of this financial supplement.

(1) U.S. Generally Accepted Accounting Principles

4

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Financial Highlights

(amounts in millions, except per share data)

Balance Sheet Data	2007			2006
	Q1			Q4			Q3			Q2			Q1
Total stockholders’ equity, excluding accumulated other comprehensive income	$	12,197		$	12,173		$	12,143		$	11,977		$	11,738
Total accumulated other comprehensive income		1,111			1,157			1,166			233			740
Total stockholders’ equity	$	13,308		$	13,330		$	13,309		$	12,210		$	12,478
Book value per common share	$	30.43		$	30.09		$	29.44		$	26.84		$	27.37
Book value per common share, excluding accumulated other comprehensive income	$	27.89		$	27.48		$	26.86		$	26.33		$	25.74
Common shares outstanding as of balance sheet date		437.4			443.0			452.1			454.9			456.0
	Twelve months ended
Return on Equity (ROE)	March 31, 2007			December 31, 2006			September 30, 2006			June 30, 2006			March 31, 2006
GAAP Basis ROE		10.9	%		11.1	%		10.6	%		10.8	%		10.7	%
Operating ROE		11.0	%		11.0	%		10.6	%		10.7	%		10.5	%

See page 57 herein for a reconciliation of GAAP Basis ROE to Operating ROE.

Basic and Diluted Shares	Three months ended March 31, 2007
Weighted-average shares used in basic earnings per common share calculations	441.0
Dilutive securities:
Stock purchase contracts underlying equity units(1)	8.4
Stock options, restricted stock units and stock appreciation rights	5.6
Weighted-average shares used in diluted earnings per common share calculations	455.0

⁽¹⁾ For more information on our Equity Units, see note 13 (d) in our audited financial statements filed on Form 10-K for the year ended December 31, 2006.

Dilutive Effect of Stock Purchase Contracts Underlying Equity Units	Average market price		Incremental shares(1)
	$	31.00	6.1
	$	32.00	6.7
	$	33.00	7.3
	$	34.00	7.8
	$	35.00	8.3
	$	36.00	8.8
	$	37.00	9.3
	$	38.00	9.7
	$	39.00	10.1
	$	40.00	10.5

⁽¹⁾ Incremental shares are calculated using the treasury stock method.

5

First Quarter Results

6

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Reconciliation of Net Income to Net Operating Income

(amounts in millions, except per share data)

	Three months ended March 31,
	2007			2006
Net income	$	324		$	334
Less income from discontinued operations, net of taxes		(10	)		(8	)
Less cumulative effect of accounting change, net of taxes		—			(4	)
Net income from continuing operations		314			322
Expenses related to reorganization, net of taxes		14			—
Net investment (gains) losses, net of taxes and other adjustments		12			15
Net operating income	$	340		$	337
Net earnings per common share:
Basic	$	0.74		$	0.72
Diluted	$	0.71		$	0.70
Net earnings from continuing operations per common share:
Basic	$	0.71		$	0.69
Diluted	$	0.69		$	0.67
Net operating earnings per common share:
Basic	$	0.77		$	0.72
Diluted	$	0.75		$	0.70
Weighted-average common shares outstanding:
Basic		441.0			467.0
Diluted		455.0			479.5
	Three months ended March 31,
Adjusted for foreign exchange	2007			2006
Net income	$	320		$	334
Net income from continuing operations	$	310		$	322
Net operating income	$	336		$	337
Net earnings per common share:
Basic	$	0.73		$	0.72
Diluted	$	0.70		$	0.70
Net earnings from continuing operations per common share:
Basic	$	0.70		$	0.69
Diluted	$	0.68		$	0.67
Net operating earnings per common share:
Basic	$	0.76		$	0.72
Diluted	$	0.74		$	0.70

The 2007 amounts exclude the effects of changes in foreign exchange rates on the current period ended and were calculated by applying the same prior year comparable period foreign exchange rates to the current period.

7

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Net Income and Net Operating Income

(amounts in millions)

	Three months ended March 31,
	2007			2006
REVENUES:
Premiums	$	1,511		$	1,371
Net investment income		984			912
Net investment gains (losses)		(19	)		(22	)
Policy fees and other income		234			181
Total revenues		2,710			2,442
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,067			915
Interest credited		385			372
Acquisition and operating expenses, net of deferrals		489			436
Amortization of deferred acquisition costs and intangibles		213			164
Interest expense		107			82
Total benefits and expenses		2,261			1,969
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		449			473
Provision for income taxes		135			151
Effective tax rate		30.1	%		31.9	%
NET INCOME FROM CONTINUING OPERATIONS		314			322
Net income from discontinued operations, net of taxes		10			8
NET INCOME BEFORE CUMULATIVE EFFECT OF ACCOUNTING CHANGE		324			330
Cumulative effect of accounting change, net of taxes		—			4
NET INCOME		324			334
ADJUSTMENTS TO NET INCOME:
Net income from discontinued operations, net of taxes		(10	)		(8	)
Net investment (gains) losses, net of taxes and other adjustments		12			15
Expenses related to reorganization, net of taxes		14			—
Cumulative effect of accounting change, net of taxes		—			(4	)
NET OPERATING INCOME	$	340		$	337
Effective tax rate (operating income)		30.4	%		32.1	%

The operating income effective tax rate for all pages in this financial supplement are calculated using whole dollars. As a result, the percentages shown may differ with the operating income effective tax rate calculated using the rounded numbers in this financial supplement.

8

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Consolidated Net Income and Net Operating Income by Quarter

(amounts in millions, except per share amounts)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	1,511		$	1,446		$	1,505		$	1,480		$	1,371		$	5,802
Net investment income		984			1,003			932			940			912			3,787
Net investment gains (losses)		(19	)		8			(6	)		(49	)		(22	)		(69	)
Policy fees and other income		234			200			184			200			181			765
Total revenues		2,710			2,657			2,615			2,571		��	2,442			10,285
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		1,067			1,050			1,061			978			915			4,004
Interest credited		385			388			382			378			372			1,520
Acquisition and operating expenses, net of deferrals		489			446			493			483			436			1,858
Amortization of deferred acquisition costs and intangibles		213			165			160			197			164			686
Interest expense		107			107			87			88			82			364
Total benefits and expenses		2,261			2,156			2,183			2,124			1,969			8,432
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		449			501			432			447			473			1,853
Provision for income taxes		135			140			138			141			151			570
NET INCOME FROM CONTINUING OPERATIONS		314			361			294			306			322			1,283
Net income from discontinued operations, net of taxes		10			12			10			11			8			41
NET INCOME BEFORE CUMULATIVE EFFECT OF ACCOUNTING CHANGE		324			373			304			317			330			1,324
Cumulative effect of accounting change, net of taxes		—			—			—			—			4			4
NET INCOME		324			373			304			317			334			1,328
ADJUSTMENTS TO NET INCOME:
Net income from discontinued operations, net of taxes		(10	)		(12	)		(10	)		(11	)		(8	)		(41	)
Net investment (gains) losses, net of taxes and other adjustments		12			(6	)		3			22			15			34
Expenses related to reorganization, net of taxes		14			—			—			—			—			—
Cumulative effect of accounting change, net of taxes		—			—			—			—			(4	)		(4	)
NET OPERATING INCOME	$	340		$	355		$	297		$	328		$	337		$	1,317
Effective tax rate (operating income)		30.4	%		27.9	%		32.1	%		31.9	%		32.1	%		31.0	%
Earnings Per Share Data:
Net earnings from continuing operations per common share
Basic	$	0.71		$	0.81		$	0.65		$	0.67		$	0.69		$	2.81
Diluted	$	0.69		$	0.78		$	0.63		$	0.65		$	0.67		$	2.73
Net earnings per common share
Basic	$	0.74		$	0.83		$	0.67		$	0.70		$	0.72		$	2.91
Diluted	$	0.71		$	0.81		$	0.65		$	0.68		$	0.70		$	2.83
Net operating earnings per common share
Basic	$	0.77		$	0.79		$	0.65		$	0.72		$	0.72		$	2.89
Diluted	$	0.75		$	0.77		$	0.64		$	0.70		$	0.70		$	2.81
Shares outstanding
Basic		441.0			447.4			453.8			455.8			467.0			455.9
Diluted		455.0			460.7			467.2			468.3			479.5			469.4

9

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet

(amounts in millions)

	March 31, 2007		December 31, 2006		September 30, 2006		June 30, 2006		March 31, 2006
ASSETS
Investments:
Fixed maturity securities available-for-sale, at fair value	$	55,113	$	54,684	$	53,516	$	51,554	$	52,758
Equity securities available-for-sale, at fair value		200		197		192		187		193
Commercial mortgage loans		8,508		8,357		8,182		8,072		7,769
Policy loans		1,494		1,489		1,493		1,480		1,356
Other invested assets		3,762		3,846		3,050		1,840		2,738
Total investments		69,077		68,573		66,433		63,133		64,814
Cash and cash equivalents		2,250		2,436		2,296		2,346		1,891
Accrued investment income		810		742		751		653		778
Deferred acquisition costs		6,320		6,183		6,026		5,905		5,682
Intangible assets		802		831		877		936		811
Goodwill		1,604		1,602		1,353		1,351		1,316
Reinsurance recoverable		16,746		16,783		16,907		17,035		17,254
Other assets		808		864		1,193		760		720
Separate account assets		11,216		10,875		10,084		9,625		9,700
Assets associated with discontinued operations		1,925		1,982		1,927		1,902		1,941
Total assets	$	111,558	$	110,871	$	107,847	$	103,646	$	104,907

10

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet (continued)

(amounts in millions)

	March 31, 2007			December 31, 2006			September 30, 2006			June 30, 2006			March 31, 2006
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future annuity and contract benefits	$	63,477		$	63,299		$	62,777		$	62,802		$	62,833
Liability for policy and contract claims		3,216			3,114			2,971			2,882			2,848
Unearned premiums		4,422			4,229			4,179			3,955			3,704
Other policyholder liabilities		375			385			454			423			379
Other liabilities		5,702			5,709			5,111			3,596			4,468
Non-recourse funding obligations		2,765			2,765			2,450			2,150			2,150
Short-term borrowings		250			199			295			295			380
Long-term borrowings		3,332			3,321			2,730			2,741			2,729
Senior notes underlying equity units		600			600			600			600			600
Mandatorily redeemable preferred stock		100			100			100			100			100
Deferred tax liability		1,384			1,522			1,411			897			1,132
Separate account liabilities		11,216			10,875			10,084			9,625			9,700
Liabilities associated with discontinued operations		1,411			1,423			1,376			1,370			1,406
Total liabilities		98,250			97,541			94,538			91,436			92,429
Stockholders’ equity:
Common stock		—			—			—			—			—
Additional paid-in capital		10,785			10,759			10,737			10,713			10,682
Accumulated other comprehensive income (loss):
Net unrealized investment gains (losses)		418			435			437			(312	)		223
Derivatives qualifying as hedges		309			375			377			212			280
Foreign currency translation and other adjustments		384			347			352			333			237
Total accumulated other comprehensive income (loss)		1,111			1,157			1,166			233			740
Retained earnings		3,145			2,914			2,581			2,317			2,035
Treasury stock, at cost		(1,733	)		(1,500	)		(1,175	)		(1,053	)		(979	)
Total stockholders’ equity		13,308			13,330			13,309			12,210			12,478
Total liabilities and stockholders’ equity	$	111,558		$	110,871		$	107,847		$	103,646		$	104,907

11

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet by Segment

(amounts in millions)

	March 31, 2007
	Retirement & Protection		International		U.S. Mortgage Insurance		Corporate and Other			Total
ASSETS
Cash and investments	$	57,671	$	7,827	$	3,139	$	3,500		$	72,137
Deferred acquisition costs and intangible assets		7,648		955		86		37			8,726
Reinsurance recoverable		16,660		81		5		—			16,746
Other assets		210		227		97		274			808
Separate account assets		11,216		—		—		—			11,216
Assets associated with discontinued operations		—		—		—		1,925			1,925
Total assets	$	93,405	$	9,090	$	3,327	$	5,736		$	111,558
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future annuity and contract benefits	$	63,440	$	36	$	—	$	1		$	63,477
Liability for policy and contract claims		2,533		428		251		4			3,216
Unearned premiums and other policyholder liabilities		868		3,885		42		2			4,797
Non-recourse funding obligations		2,765		—		—		—			2,765
Deferred tax and other liabilities		3,167		1,106		132		2,681			7,086
Borrowing and capital securities		—		—		—		4,282			4,282
Separate account liabilities		11,216		—		—		—			11,216
Liabilities associated with discontinued operations		—		—		—		1,411			1,411
Total liabilities		83,989		5,455		425		8,381			98,250
Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income		8,846		3,207		2,841		(2,697	)		12,197
Allocated accumulated other comprehensive income		570		428		61		52			1,111
Total stockholders’ equity		9,416		3,635		2,902		(2,645	)		13,308
Total liabilities and stockholders’ equity	$	93,405	$	9,090	$	3,327	$	5,736		$	111,558

12

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Consolidated Balance Sheet by Segment (continued)

(amounts in millions)

	December 31, 2006
	Retirement & Protection		International		U.S. Mortgage Insurance		Corporate and Other			Total
ASSETS
Cash and investments	$	57,468	$	7,231	$	3,063	$	3,989		$	71,751
Deferred acquisition costs and intangible assets		7,559		939		86		32			8,616
Reinsurance recoverable		16,701		77		4		1			16,783
Other assets		217		271		84		292			864
Separate account assets		10,875		—		—		—			10,875
Assets associated with discontinued operations		—		—		—		1,982			1,982
Total assets	$	92,820	$	8,518	$	3,237	$	6,296		$	110,871
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Future annuity and contract benefits	$	63,262	$	37	$	—	$	—		$	63,299
Liability for policy and contract claims		2,464		409		237		4			3,114
Unearned premiums and other policyholder liabilities		861		3,724		39		(10	)		4,614
Non-recourse funding obligations		2,765		—		—		—			2,765
Deferred tax and other liabilities		3,128		1,145		121		2,837			7,231
Borrowing and capital securities		—		—		—		4,220			4,220
Separate account liabilities		10,875		—		—		—			10,875
Liabilities associated with discontinued operations		—		—		—		1,423			1,423
Total liabilities		83,355		5,315		397		8,474			97,541
Stockholders’ equity:
Allocated equity, excluding accumulated other comprehensive income		8,794		2,804		2,777		(2,202	)		12,173
Allocated accumulated other comprehensive income		671		399		63		24			1,157
Total stockholders’ equity		9,465		3,203		2,840		(2,178	)		13,330
Total liabilities and stockholders’ equity	$	92,820	$	8,518	$	3,237	$	6,296		$	110,871

13

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Deferred Acquisition Costs Rollforward

(amounts in millions)

	Retirement and Protection			International			U.S. Mortgage Insurance			Corporate and Other		Total
Deferred Acquisition Costs Rollforward
Unamortized balance as of December 31, 2006	$	5,308		$	791		$	60		$	—	$	6,159
Costs deferred		212			91			8			—		311
Amortization, net of interest accretion(1)		(80	)		(86	)		(8	)		—		(174	)
Impact of foreign currency translation		—			9			—			—		9
Unamortized balance as of March 31, 2007		5,440			805			60			—		6,305
Effect of accumulated net unrealized investment gains (losses)		15			—			—			—		15
Balance as of March 31, 2007	$	5,455		$	805		$	60		$	—	$	6,320

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

14

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15

Quarterly Results by Segment

16

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Consolidated Segment Net Income and Segment Net Operating Income

(amounts in millions, except per share amounts)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
Retirement and Protection:
Managed Money	$	10		$	7		$	5		$	6		$	2		$	20
Retirement Income		46			49			39			38			49			175
Institutional		14			10			9			13			10			42
Life Insurance		78			83			79			77			74			313
Long-Term Care Insurance		37			35			38			37			43			153
Total Retirement and Protection		185			184			170			171			178			703
International:
International Mortgage Insurance —Canada		55			57			54			51			46			208
—Australia		36			46			26			35			30			137
—Other International		3			4			1			4			1			10
Payment Protection Insurance		29			33			26			29			25			113
Total International		123			140			107			119			102			468
U.S. Mortgage Insurance		65			62			53			72			72			259
Corporate and Other		(33	)		(31	)		(33	)		(34	)		(15	)		(113	)
NET OPERATING INCOME		340			355			297			328			337			1,317
ADJUSTMENTS TO NET OPERATING INCOME:
Net income from discontinued operations, net of taxes		10			12			10			11			8			41
Net investment gains (losses), net of taxes and other adjustments		(12	)		6			(3	)		(22	)		(15	)		(34	)
Expenses related to reorganization, net of taxes		(14	)		—			—			—			—			—
Cumulative effect of accounting change, net of taxes		—			—			—			—			4			4
NET INCOME	$	324		$	373		$	304		$	317		$	334		$	1,328
Earnings Per Share Data:
Net earnings per common share
Basic	$	0.74		$	0.83		$	0.67		$	0.70		$	0.72		$	2.91
Diluted	$	0.71		$	0.81		$	0.65		$	0.68		$	0.70		$	2.83
Net operating earnings per common share
Basic	$	0.77		$	0.79		$	0.65		$	0.72		$	0.72		$	2.89
Diluted	$	0.75		$	0.77		$	0.64		$	0.70		$	0.70		$	2.81
Shares outstanding
Basic		441.0			447.4			453.8			455.8			467.0			455.9
Diluted		455.0			460.7			467.2			468.3			479.5			469.4

17

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Consolidated Segment Net Income and Segment Net Operating Income

(amounts in millions)

	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other			Total
Three months ended March 31, 2007	Managed Money			Retirement Income			Institutional			Life Insurance			Long-Term Care Insurance			Total			Mortgage Insurance - Canada			Mortgage Insurance - Australia			Other Mortgage Insurance			Payment Protection Insurance			Total
REVENUES:
Premiums	$	—		$	154		$	—		$	235		$	485		$	874		$	83		$	68		$	22		$	320		$	493		$	137		$	7		$	1,511
Net investment income		1			324			166			157			196			844			29			22			5			32			88			37			15			984
Net investment gains (losses)		—			(9	)		(5	)		—			(5	)		(19	)		—			—			—			—			—			—			—			(19	)
Policy fees and other income		75			44			—			93			7			219			—			1			—			5			6			7			2			234
Total revenues		76			513			161			485			683			1,918			112			91			27			357			587			181			24			2,710
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			232			—			196			480			908			13			31			5			58			107			52			—			1,067
Interest credited		—			145			141			60			39			385			—			—			—			—			—			—			—			385
Acquisition and operating expenses, net of deferrals		60			34			3			31			84			212			13			12			18			181			224			32			21			489
Amortization of deferred acquisition costs and intangibles		—			45			—			32			27			104			4			5			1			77			87			8			14			213
Interest expense		—			1			—			42			—			43			1			—			—			3			4			—			60			107
Total benefits and expenses		60			457			144			361			630			1,652			31			48			24			319			422			92			95			2,261
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		16			56			17			124			53			266			81			43			3			38			165			89			(71	)		449
Provision (benefit) for income taxes		6			16			6			46			19			93			26			7			—			9			42			24			(24	)		135
SEGMENT NET INCOME (LOSS) FROM CONTINUING OPERATIONS		10			40			11			78			34			173			55			36			3			29			123			65			(47	)		314
ADJUSTMENTS TO SEGMENT NET INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			6			3			—			3			12			—			—			—			—			—			—			—			12
Expenses related to reorganization, net of taxes		—			—			—			—			—			—			—			—			—			—			—			—			14			14
SEGMENT NET OPERATING INCOME (LOSS)	$	10		$	46		$	14		$	78		$	37		$	185		$	55		$	36		$	3		$	29		$	123		$	65		$	(33	)	$	340
Effective tax rate (operating income)		36.4	%		29.6	%		35.5	%		37.1	%		35.9	%		35.0	%		32.6	%		15.5	%		-1.6	%		22.8	%		25.3	%		27.1	%		33.7	%		30.4	%

18

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Consolidated Segment Net Income and Segment Net Operating Income (continued)

(amounts in millions)

	Retirement and Protection																		International															U.S. Mortgage Insurance			Corporate and Other			Total
Three months ended March 31, 2006	Managed Money			Retirement Income			Institutional			Life Insurance			Long-Term Care Insurance			Total			Mortgage Insurance - Canada			Mortgage Insurance - Australia			Other Mortgage Insurance			Payment Protection Insurance			Total
REVENUES:
Premiums	$	—		$	180		$	—		$	221		$	425		$	826		$	68		$	51		$	12		$	291		$	422		$	116		$	7		$	1,371
Net investment income		—			333			132			138			174			777			25			16			4			22			67			35			33			912
Net investment gains (losses)		—			(7	)		(2	)		—			4			(5	)		1			—			—			—			1			—			(18	)		(22	)
Policy fees and other income		41			36			—			83			5			165			3			—			—			6			9			5			2			181
Total revenues		41			542			130			442			608			1,763			97			67			16			319			499			156			24			2,442
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			241			—			183			396			820			11			14			2			48			75			19			1			915
Interest credited		—			164			114			60			34			372			—			—			—			—			—			—			—			372
Acquisition and operating expenses, net of deferrals		37			33			2			36			81			189			16			9			11			172			208			33			6			436
Amortization of deferred acquisition costs and intangibles		—			36			—			21			26			83			2			4			1			65			72			8			1			164
Interest expense		—			1			—			25			—			26			—			—			—			—			—			—			56			82
Total benefits and expenses		37			475			116			325			537			1,490			29			27			14			285			355			60			64			1,969
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		4			67			14			117			71			273			68			40			2			34			144			96			(40	)		473
Provision (benefit) for income taxes		2			23			5			43			25			98			22			10			1			9			42			24			(13	)		151
		2			44			9			74			46			175			46			30			1			25			102			72			(27	)		322
Cumulative effect of accounting change, net of taxes		—			—			—			—			—			—			—			—			—			—			—			—			4			4
SEGMENT NET INCOME (LOSS) FROM CONTINUING OPERATIONS		2			44			9			74			46			175			46			30			1			25			102			72			(23	)		326
ADJUSTMENTS TO SEGMENT NET INCOME (LOSS) FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			5			1			—			(3	)		3			—			—			—			—			—			—			12			15
Cumulative effect of accounting change, net of taxes		—			—			—			—			—			—			—			—			—			—			—			—			(4	)		(4	)
SEGMENT NET OPERATING INCOME (LOSS)	$	2		$	49		$	10		$	74		$	43		$	178		$	46		$	30		$	1		$	25		$	102		$	72		$	(15	)	$	337
Effective tax rate (operating income)		35.5	%		34.8	%		35.4	%		36.5	%		35.8	%		35.8	%		32.3	%		26.1	%		25.8	%		25.7	%		29.0	%		24.9	%		26.9	%		32.1	%

19

Retirement and Protection

20

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income—Retirement and Protection

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	874		$	861		$	923		$	884		$	826		$	3,494
Net investment income		844			840			803			817			777			3,237
Net investment gains (losses)		(19	)		(6	)		(6	)		(47	)		(5	)		(64	)
Policy fees and other income		219			189			166			178			165			698
Total revenues		1,918			1,884			1,886			1,832			1,763			7,365
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		908			893			935			873			820			3,521
Interest credited		385			388			382			378			372			1,520
Acquisition and operating expenses, net of deferrals		212			207			203			208			189			807
Amortization of deferred acquisition costs and intangibles		104			103			76			106			83			368
Interest expense		43			43			36			35			26			140
Total benefits and expenses		1,652			1,634			1,632			1,600			1,490			6,356
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		266			250			254			232			273			1,009
Provision for income taxes		93			68			87			83			98			336
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		173			182			167			149			175			673
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		12			2			3			22			3			30
SEGMENT NET OPERATING INCOME	$	185		$	184		$	170		$	171		$	178		$	703
Effective tax rate (operating income)		35.0	%		26.6	%		34.5	%		35.8	%		35.8	%		33.3	%

21

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income, Sales and Assets Under Management—Managed Money

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		1			1			—			1			—			2
Net investment gains (losses)		—			—			—			—			—			—
Policy fees and other income		75			64			46			46			41			197
Total revenues		76			65			46			47			41			199
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—
Interest credited		—			—			—			—			—			—
Acquisition and operating expenses, net of deferrals		60			53			38			39			37			167
Amortization of deferred acquisition costs and intangibles		—			—			—			—			—			—
Interest expense		—			—			—			—			—			—
Total benefits and expenses		60			53			38			39			37			167
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		16			12			8			8			4			32
Provision for income taxes		6			5			3			2			2			12
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		10			7			5			6			2			20
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			—			—			—			—
SEGMENT NET OPERATING INCOME	$	10		$	7		$	5		$	6		$	2		$	20
Effective tax rate (operating income)		36.4	%		37.6	%		36.9	%		38.0	%		35.5	%		37.2	%
SALES:
Sales by Distribution Channel:
Independent Producers	$	1,400		$	984		$	373		$	417		$	299		$	2,073
Dedicated Sales Specialists		312			233			229			226			283			971
Total Sales	$	1,712		$	1,217		$	602		$	643		$	582		$	3,044
ASSETS UNDER MANAGEMENT:
Account value, beginning of the period	$	17,293		$	6,766		$	6,143		$	5,824		$	5,180		$	5,180
Acquisitions(1)		—			9,110			—			—			—			9,110
Deposits		1,712			1,217			602			643			582			3,044
Interest credited and investment performance		232			696			154			(159	)		254			945
Surrenders, benefits and product charges		(431	)		(496	)		(133	)		(165	)		(192	)		(986	)
Account value, end of period	$	18,806		$	17,293		$	6,766		$	6,143		$	5,824		$	17,293

Sales for our managed assets represent new deposits.

Managed Money results represent AssetMark Investment Services, Inc., Genworth Financial Asset Management, Inc., Genworth Financial Advisers Corporation, Genworth Financial Trust Company and Capital Brokerage Corporation.

⁽¹⁾ On October 20, 2006, we acquired AssetMark Investment Services, Inc., an investment management and advisory company. Assets under management at acquisition date were $9,110 million.

22

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income—Retirement Income

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	154		$	146		$	210		$	200		$	180		$	736
Net investment income		324			330			331			341			333			1,335
Net investment gains (losses)		(9	)		(7	)		(7	)		(42	)		(7	)		(63	)
Policy fees and other income		44			40			39			38			36			153
Total revenues		513			509			573			537			542			2,161
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		232			223			284			267			241			1,015
Interest credited		145			153			158			159			164			634
Acquisition and operating expenses, net of deferrals		34			31			36			39			33			139
Amortization of deferred acquisition costs and intangibles		45			52			45			40			36			173
Interest expense		1			1			2			1			1			5
Total benefits and expenses		457			460			525			506			475			1,966
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		56			49			48			31			67			195
Provision for income taxes		16			3			13			11			23			50
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		40			46			35			20			44			145
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		6			3			4			18			5			30
SEGMENT NET OPERATING INCOME	$	46		$	49		$	39		$	38		$	49		$	175
Effective tax rate (operating income)		29.6	%		7.8	%		27.6	%		34.4	%		34.8	%		27.3	%

23

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

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

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		4			5			5			5			4			19
Net investment gains (losses)		—			1			(1	)		—			—			—
Policy fees and other income		38			36			33			31			30			130
Total revenues		42			42			37			36			34			149
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		4			3			3			3			1			10
Interest credited		4			3			3			4			4			14
Acquisition and operating expenses, net of deferrals		10			6			9			10			6			31
Amortization of deferred acquisition costs and intangibles		7			6			6			6			5			23
Interest expense		—			—			—			—			—			—
Total benefits and expenses		25			18			21			23			16			78
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		17			24			16			13			18			71
Provision for income taxes		2			5			1			4			5			15
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		15			19			15			9			13			56
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			(1	)		1			—			—			—
SEGMENT NET OPERATING INCOME	$	15		$	18		$	16		$	9		$	13		$	56
Effective tax rate (operating income)		10.9	%		20.8	%		7.7	%		27.7	%		29.7	%		21.2	%
SALES:
Sales by Product:
Income Distribution Series(1)	$	409		$	400		$	327		$	307		$	264		$	1,298
Traditional Variable Annuities		134			130			111			140			138			519
Variable Life		1			3			3			1			4			11
Total Sales	$	544		$	533		$	441		$	448		$	406		$	1,828
Sales by Distribution Channel:
Financial Intermediaries	$	513		$	498		$	408		$	420		$	375		$	1,701
Independent Producers		12			10			12			9			9			40
Dedicated Sales Specialists		19			25			21			19			22			87
Total Sales	$	544		$	533		$	441		$	448		$	406		$	1,828

Sales from our fee-based products represent new and additional premiums/deposits.

⁽¹⁾ The Income Distribution Series products are comprised of our retirement income deferred and immediate variable annuity products, including those variable annuity products with rider options that provide similar income features. These products do not include fixed single premium immediate or deferred annuities, which also may serve income distribution needs.

24

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Assets Under Management—Retirement Income—Fee-Based

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
Income Distribution Series(1)
Account value, net of reinsurance, beginning of period	$	2,402		$	1,929		$	1,555		$	1,235		$	911		$	911
Deposits		421			411			334			350			281			1,376
Interest credited and investment performance		50			105			68			(5	)		59			227
Surrenders, benefits and product charges		(60	)		(43	)		(28	)		(25	)		(16	)		(112	)
Account value, net of reinsurance, end of period		2,813			2,402			1,929			1,555			1,235			2,402
Traditional Variable Annuities
Account value, net of reinsurance, beginning of period		1,780			1,585			1,458			1,360			1,182			1,182
Deposits		130			126			105			147			132			510
Interest credited and investment performance		36			104			54			(19	)		78			217
Surrenders, benefits and product charges		(41	)		(35	)		(32	)		(30	)		(32	)		(129	)
Account value, net of reinsurance, end of period		1,905			1,780			1,585			1,458			1,360			1,780
Variable Life Insurance
Account value, beginning of the period		391			371			367			377			363			363
Deposits		5			7			7			7			9			30
Interest credited and investment performance		12			23			10			(5	)		18			46
Surrenders, benefits and product charges		(12	)		(10	)		(13	)		(12	)		(13	)		(48	)
Account value, end of period		396			391			371			367			377			391
Total Retirement Income—Fee-Based	$	5,114		$	4,573		$	3,885		$	3,380		$	2,972		$	4,573

⁽¹⁾ The Income Distribution Series products are comprised of our retirement income deferred and immediate variable annuity products, including those variable annuity products with rider options that provide similar income features. These products do not include fixed single premium immediate or deferred annuities, which also may serve income distribution needs.

25

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

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

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	154		$	146		$	210		$	200		$	180		$	736
Net investment income		320			325			326			336			329			1,316
Net investment gains (losses)		(9	)		(8	)		(6	)		(42	)		(7	)		(63	)
Policy fees and other income		6			4			6			7			6			23
Total revenues		471			467			536			501			508			2,012
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		228			220			281			264			240			1,005
Interest credited		141			150			155			155			160			620
Acquisition and operating expenses, net of deferrals		24			25			27			29			27			108
Amortization of deferred acquisition costs and intangibles		38			46			39			34			31			150
Interest expense		1			1			2			1			1			5
Total benefits and expenses		432			442			504			483			459			1,888
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		39			25			32			18			49			124
Provision (benefit) for income taxes		14			(2	)		12			7			18			35
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		25			27			20			11			31			89
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		6			4			3			18			5			30
SEGMENT NET OPERATING INCOME	$	31		$	31		$	23		$	29		$	36		$	119
Effective tax rate (operating income)		36.2	%		-1.3	%		37.3	%		36.5	%		36.4	%		29.9	%
SALES:
Sales by Product:
Structured Settlements	$	47		$	10		$	37		$	43		$	47		$	137
Single Premium Immediate Annuities		200			228			250			215			200			893
Fixed Annuities		167			202			360			261			189			1,012
Total Sales	$	414		$	440		$	647		$	519		$	436		$	2,042
Sales by Distribution Channel:
Financial Intermediaries	$	275		$	322		$	517		$	409		$	323		$	1,571
Independent Producers		131			108			112			106			107			433
Dedicated Sales Specialists		8			10			18			4			6			38
Total Sales	$	414		$	440		$	647		$	519		$	436		$	2,042
PREMIUMS:
Premiums by Product:
Single Premium Immediate Annuities	$	111		$	137		$	178		$	160		$	129		$	604
Structured Settlements		43			9			32			40			51			132
Total Premiums	$	154		$	146		$	210		$	200		$	180		$	736

Sales from our life-contingent spread-based retail products represent annualized first-year premiums. Annualized first-year premiums are calculated as if premiums are consistently paid for the full period of the sale even if they were actually paid for only a portion of such period. Sales from our non-life-contingent spread-based retail products represent new and additional premiums/deposits.

26

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Assets Under Management—Retirement Income—Spread-Based

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
Fixed Annuities
Account value, net of reinsurance, beginning of period	$	13,972		$	14,449		$	14,835		$	15,241		$	15,547		$	15,547
Deposits		207			245			424			326			267			1,262
Interest credited		124			133			137			139			145			554
Surrenders, benefits and product charges		(781	)		(855	)		(947	)		(871	)		(718	)		(3,391	)
Account value, net of reinsurance, end of period		13,522			13,972			14,449			14,835			15,241			13,972
Single Premium Immediate Annuities
Account value, net of reinsurance, beginning of period		6,174			6,064			5,888			5,772			5,680			5,680
Premiums and deposits		237			269			294			290			250			1,103
Interest credited		84			83			82			78			80			323
Surrenders, benefits and product charges		(234	)		(242	)		(200	)		(252	)		(238	)		(932	)
Account value, net of reinsurance, end of period		6,261			6,174			6,064			5,888			5,772			6,174
Structured Settlements
Account value, net of reinsurance, beginning of period		1,011			1,003			966			925			871			871
Premiums and deposits		47			9			37			45			58			149
Interest credited		14			14			14			13			12			53
Surrenders, benefits and product charges		(14	)		(15	)		(14	)		(17	)		(16	)		(62	)
Account value, net of reinsurance, end of period		1,058			1,011			1,003			966			925			1,011
Total Retirement Income—Spread-Based, net of reinsurance	$	20,841		$	21,157		$	21,516		$	21,689		$	21,938		$	21,157

27

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income and Sales—Institutional

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		166			157			144			145			132			578
Net investment gains (losses)		(5	)		—			(1	)		(3	)		(2	)		(6	)
Policy fees and other income		—			—			—			—			—			—
Total revenues		161			157			143			142			130			572
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			—			—			—			—
Interest credited		141			139			128			123			114			504
Acquisition and operating expenses, net of deferrals		3			2			2			2			2			8
Amortization of deferred acquisition costs and intangibles		—			—			1			—			—			1
Interest expense		—			—			—			—			—			—
Total benefits and expenses		144			141			131			125			116			513
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		17			16			12			17			14			59
Provision for income taxes		6			6			4			6			5			21
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		11			10			8			11			9			38
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		3			—			1			2			1			4
SEGMENT NET OPERATING INCOME	$	14		$	10		$	9		$	13		$	10		$	42
Effective tax rate (operating income)		35.5	%		35.6	%		35.4	%		35.4	%		35.4	%		35.5	%
SALES:
Sales by Product:
Guaranteed Investment Contracts (GICs)	$	22		$	85		$	146		$	29		$	57		$	317
Funding Agreements Backing Notes		600			800			450			300			700			2,250
Funding Agreements		—			—			—			50			—			50
Total Sales	$	622		$	885		$	596		$	379		$	757		$	2,617

Sales from our Institutional products represent new and additional premiums/deposits. These products are sold through specialized brokers and investment brokers as well as directly to the contractholder.

28

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Assets Under Management—Institutional

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
GICs, Funding Agreements and Funding Agreements Backing Notes
Account value, net of reinsurance, beginning of period	$	10,483		$	9,812		$	9,886		$	9,766		$	9,777		$	9,777
Deposits		722			971			676			498			980			3,125
Interest credited		141			139			128			123			114			504
Surrenders and benefits		(629	)		(439	)		(878	)		(501	)		(1,105	)		(2,923	)
Foreign currency translation		7			—			—			—			—			—
Account value, end of period	$	10,724		$	10,483		$	9,812		$	9,886		$	9,766		$	10,483
By Contract Type:
Guaranteed Investment Contracts	$	2,073		$	2,241		$	2,373		$	2,619		$	2,849
Funding agreements backing notes		5,953			5,544			4,741			4,569			4,270
Funding agreements		2,698			2,698			2,698			2,698			2,647
	$	10,724		$	10,483		$	9,812		$	9,886		$	9,766
Funding agreements by liquidity provisions:
90 day	$	425		$	425		$	425		$	425		$	425
180 day		450			450			450			450			450
No put		1,235			1,235			1,235			1,485			1,485
13 month rolling maturity		575			575			575			325			275
Accrued interest		13			13			13			13			12
Total funding agreements	$	2,698		$	2,698		$	2,698		$	2,698		$	2,647

29

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income and Sales—Life Insurance

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	235		$	225		$	228		$	226		$	221		$	900
Net investment income		157			156			146			146			138			586
Net investment gains (losses)		—			—			(3	)		(1	)		—			(4	)
Policy fees and other income		93			82			74			86			83			325
Total revenues		485			463			445			457			442			1,807
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		196			178			183			171			183			715
Interest credited		60			59			59			60			60			238
Acquisition and operating expenses, net of deferrals		31			32			39			35			36			142
Amortization of deferred acquisition costs and intangibles		32			33			7			38			21			99
Interest expense		42			42			34			34			25			135
Total benefits and expenses		361			344			322			338			325			1,329
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		124			119			123			119			117			478
Provision for income taxes		46			36			45			43			43			167
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		78			83			78			76			74			311
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			1			1			—			2
SEGMENT NET OPERATING INCOME	$	78		$	83		$	79		$	77		$	74		$	313
Effective tax rate (operating income)		37.1	%		29.7	%		36.6	%		36.6	%		36.5	%		34.9	%
SALES:
Sales by Product:
Term Life	$	29		$	33		$	36		$	37		$	34		$	140
Universal Life:
Annualized first-year deposits		11			13			9			10			9			41
Excess deposits(1)		48			33			24			22			19			98
Total Universal Life		59			46			33			32			28			139
Total Sales	$	88		$	79		$	69		$	69		$	62		$	279
Sales by Distribution Channel:
Financial Intermediaries	$	1		$	1		$	1		$	1		$	1		$	4
Independent Producers		87			78			68			68			61			275
Total Sales	$	88		$	79		$	69		$	69		$	62		$	279

Sales from our term life insurance product represent annualized first-year premiums. Annualized first-year premiums are calculated as if premiums are consistently paid for the full period of the sale even if they were actually paid for only a portion of such period. Sales from our universal life product represent annualized first-year deposits and excess deposits.

⁽¹⁾ Excess deposits reported in the fourth quarter of 2006 include $8 million of sales from the second and third quarters of 2006 not previously recognized.

30

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Life Insurance In-force

(amounts in millions)

	2007		2006
	Q1		Q4		Q3		Q2		Q1
Term life insurance
Life insurance in-force, net of reinsurance	$	439,380	$	429,803	$	422,163	$	409,103	$	393,812
Life insurance in-force before reinsurance	$	602,725	$	595,045	$	583,780	$	571,014	$	554,472
Universal and whole life insurance
Life insurance in-force, net of reinsurance	$	40,912	$	40,669	$	41,595	$	40,850	$	40,890
Life insurance in-force before reinsurance	$	49,834	$	49,572	$	49,337	$	49,207	$	49,335
Total life insurance
Life insurance in-force, net of reinsurance	$	480,292	$	470,472	$	463,758	$	449,953	$	434,702
Life insurance in-force before reinsurance	$	652,559	$	644,617	$	633,117	$	620,221	$	603,807

31

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income and Sales—Long-Term Care Insurance

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	485		$	490		$	485		$	458		$	425		$	1,858
Net investment income		196			196			182			184			174			736
Net investment gains (losses)		(5	)		1			5			(1	)		4			9
Policy fees and other income		7			3			7			8			5			23
Total revenues		683			690			679			649			608			2,626
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		480			492			468			435			396			1,791
Interest credited		39			37			37			36			34			144
Acquisition and operating expenses, net of deferrals		84			89			88			93			81			351
Amortization of deferred acquisition costs and intangibles		27			18			23			28			26			95
Interest expense		—			—			—			—			—			—
Total benefits and expenses		630			636			616			592			537			2,381
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		53			54			63			57			71			245
Provision for income taxes		19			18			22			21			25			86
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		34			36			41			36			46			159
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		3			(1	)		(3	)		1			(3	)		(6	)
SEGMENT NET OPERATING INCOME	$	37		$	35		$	38		$	37		$	43		$	153
Effective tax rate (operating income)		35.9	%		32.8	%		35.8	%		35.8	%		35.8	%		35.1	%
SALES:
Sales by Distribution Channel:
Financial Intermediaries	$	7		$	7		$	6		$	5		$	6		$	24
Independent Producers		24			24			27			22			21			94
Dedicated Sales Specialists		10			11			11			14			14			50
Total Individual Long-Term Care		41			42			44			41			41			168
Group Long-Term Care		—			—			—			1			—			1
Medicare Supplement and Other A&H		7			7			7			9			7			30
Linked Benefit		4			3			—			—			—			3
Total Sales	$	52		$	52		$	51		$	51		$	48		$	202
LOSS RATIOS:
Total Long-Term Care
Earned Premium	$	419		$	423		$	418		$	407		$	399		$	1,647
Loss Ratio(1)		65.4	%		71.5	%		65.6	%		64.4	%		59.6	%		65.4	%
Gross Benefits Ratio(2)		101.0	%		106.3	%		99.1	%		98.0	%		92.7	%		99.1	%
Medicare Supplement and A&H(3)
Earned Premium	$	67		$	69		$	69		$	53		$	26		$	217
Loss Ratio(1)		80.7	%		60.7	%		76.5	%		67.6	%		94.6	%		71.4	%

Sales from our long-term care products represent annualized first-year premiums and deposits. Annualized first-year premiums are calculated as if premiums are consistently paid for the full period of the sale even if they were actually paid for only a portion of such period.

⁽¹⁾ We calculate the loss ratio for our products by dividing benefits and other changes in policy reserves less tabular interest on reserves less loss adjustment expenses by net earned premiums.

⁽²⁾ We calculate the gross benefits ratio by dividing the benefits and other changes in policy reserves by net earned premium.

⁽³⁾ The Medicare Supplement and A&H earned premium and loss ratio does not include the linked benefit product.

32

International

33

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income—International

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	493		$	446		$	454		$	473		$	422		$	1,795
Net investment income		88			101			75			71			67			314
Net investment gains (losses)		—			1			(1	)		—			1			1
Policy fees and other income		6			3			10			12			9			34
Total revenues		587			551			538			556			499			2,144
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		107			103			81			80			75			339
Acquisition and operating expenses, net of deferrals		224			188			228			226			208			850
Amortization of deferred acquisition costs and intangibles		87			55			73			83			72			283
Interest expense		4			6			—			—			—			6
Total benefits and expenses		422			352			382			389			355			1,478
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		165			199			156			167			144			666
Provision for income taxes		42			58			49			48			42			197
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		123			141			107			119			102			469
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			(1	)		—			—			—			(1	)
SEGMENT NET OPERATING INCOME(1)	$	123		$	140		$	107		$	119		$	102		$	468
Effective tax rate (operating income)		25.3	%		29.1	%		30.9	%		29.1	%		29.0	%		29.5	%

⁽¹⁾ Segment net operating income adjusted for foreign exchange for our International segment was $119 million for the three months ended March 31, 2007.

34

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

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

(amounts in millions)

	2007			2006
	Q1			Q4(3)			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	83		$	88		$	78		$	72		$	68		$	306
Net investment income		29			30			27			26			25			108
Net investment gains (losses)		—			2			—			—			1			3
Policy fees and other income		—			—			3			5			3			11
Total revenues		112			120			108			103			97			428
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		13			14			11			5			11			41
Acquisition and operating expenses, net of deferrals		13			15			16			19			16			66
Amortization of deferred acquisition costs and intangibles		4			3			3			3			2			11
Interest Expense		1			—			—			—			—			—
Total benefits and expenses		31			32			30			27			29			118
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		81			88			78			76			68			310
Provision for income taxes		26			30			24			25			22			101
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		55			58			54			51			46			209
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			(1	)		—			—			—			(1	)
SEGMENT NET OPERATING INCOME(1)	$	55		$	57		$	54		$	51		$	46		$	208
Effective tax rate (operating income)		32.6	%		34.4	%		30.4	%		32.3	%		32.3	%		32.4	%
SALES:
New Insurance Written (NIW):
Flow	$	6,000		$	6,500		$	8,100		$	6,000		$	4,000		$	24,600
Bulk		400			300			2,700			200			—			3,200
Total International Mortgage Insurance Canada NIW(2)	$	6,400		$	6,800		$	10,800		$	6,200		$	4,000		$	27,800

Sales represent new insurance written. New insurance written represents the original principal balance of mortgages covered by newly issued mortgage insurance during the specified period.

⁽¹⁾ Segment net operating income for our Canada platform adjusted for foreign exchange was $56 million for the three months ended March 31, 2007.

⁽²⁾ New insurance written for our Canada platform adjusted for foreign exchange was $6,500 for the three months ended March 31, 2007.

⁽³⁾ Included in the results for the fourth quarter of 2006 are adjustments related to the premium recognition curve and loss factor update. These adjustments favorably impacted segment net operating income by $5 million in the fourth quarter of 2006. For further details, see our fourth quarter 2006 financial supplement on our website at www.genworth.com.

35

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

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

(amounts in millions)

	2007			2006
	Q1			Q4(3)			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	68		$	110		$	48		$	57		$	51		$	266
Net investment income		22			22			20			17			16			75
Net investment gains (losses)		—			(1	)		(1	)		—			—			(2	)
Policy fees and other income		1			—			—			—			—			—
Total revenues		91			131			67			74			67			339
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		31			52			18			17			14			101
Acquisition and operating expenses, net of deferrals		12			11			8			9			9			37
Amortization of deferred acquisition costs and intangibles		5			5			4			2			4			15
Interest Expense		—			—			—			—			—			—
Total benefits and expenses		48			68			30			28			27			153
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		43			63			37			46			40			186
Provision for income taxes		7			17			11			11			10			49
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		36			46			26			35			30			137
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			—			—			—			—
SEGMENT NET OPERATING INCOME(1)	$	36		$	46		$	26		$	35		$	30		$	137
Effective tax rate (operating income)		15.5	%		26.8	%		27.0	%		26.0	%		26.1	%		26.5	%
SALES:
New Insurance Written (NIW):
Flow	$	10,800		$	9,800		$	10,700		$	9,400		$	11,900		$	41,800
Bulk		2,300			800			1,800			200			500			3,300
Total International Mortgage Insurance Australia NIW(2)	$	13,100		$	10,600		$	12,500		$	9,600		$	12,400		$	45,100

Sales represent new insurance written. New insurance written represents the original principal balance of mortgages covered by newly issued mortgage insurance during the specified period.

⁽¹⁾ Segment net operating income for our Australia platform adjusted for foreign exchange was $34 million for the three months ended March 31, 2007.

⁽²⁾ New insurance written for our Australia platform adjusted for foreign exchange was $12,400 for the three months ended March 31, 2007.

⁽³⁾ Included in the results for the fourth quarter of 2006 are adjustments related to the premium recognition curve and loss factor update. These adjustments favorably impacted segment net operating income by $10 million in the fourth quarter of 2006. For further details, see our fourth quarter 2006 financial supplement on our website at www.genworth.com.

36

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

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

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	22		$	22		$	18		$	22		$	12		$	74
Net investment income		5			4			5			5			4			18
Net investment gains (losses)		—			—			—			—			—			—
Policy fees and other income		—			1			—			—			—			1
Total revenues		27			27			23			27			16			93
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		5			1			3			4			2			10
Acquisition and operating expenses, net of deferrals		18			20			17			16			11			64
Amortization of deferred acquisition costs and intangibles		1			2			1			1			1			5
Interest Expense		—			—			—			—			—			—
Total benefits and expenses		24			23			21			21			14			79
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		3			4			2			6			2			14
Provision for income taxes		—			—			1			2			1			4
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		3			4			1			4			1			10
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			—			—			—			—
SEGMENT NET OPERATING INCOME(1)	$	3		$	4		$	1		$	4		$	1		$	10
Effective tax rate (operating income)		-1.6	%		15.5	%		-10.7	%		25.5	%		25.8	%		29.2	%
SALES:
New Insurance Written (NIW):
Flow	$	4,900		$	5,400		$	4,600		$	4,600		$	3,800		$	18,400
Bulk		3,800			2,800			800			1,300			200			5,100
Total Other International NIW(2)	$	8,700		$	8,200		$	5,400		$	5,900		$	4,000		$	23,500

Sales represent new insurance written. New insurance written represents the original principal balance of mortgages covered by newly issued mortgage insurance during the specified period.

⁽¹⁾ Segment net operating income for our Other International platform adjusted for foreign exchange was $2 million for the three months ended March 31, 2007.

⁽²⁾ New insurance written for our Other International platform adjusted for foreign exchange was $8,300 for the three months ended March 31, 2007.

37

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—International Mortgage Insurance

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
Net Premiums Written
Canada	$	137		$	145		$	178		$	123		$	79		$	525
Australia		102			75			91			74			93			333
Other International		83			62			42			47			32			183
Total International Net Premiums Written	$	322		$	282		$	311		$	244		$	204		$	1,041
Loss Ratio(1)
Canada		16	%		16	%		14	%		7	%		16	%		13	%
Australia		46	%		47	%		37	%		30	%		29	%		38	%
Other International		24	%		6	%		18	%		15	%		14	%		13	%
Total International Loss Ratio		29	%		30	%		22	%		17	%		21	%		24	%
Expense Ratio(2)
Canada		12	%		13	%		11	%		18	%		23	%		15	%
Australia		17	%		22	%		13	%		15	%		14	%		16	%
Other International		23	%		34	%		43	%		34	%		41	%		37	%
Total International Expense Ratio		16	%		20	%		16	%		20	%		21	%		19	%
Primary Insurance In-force
Canada	$	119,700		$	113,200		$	112,200		$	101,900		$	92,800
Australia		185,200			174,100			167,300			133,100			133,600
Other International		56,000			44,700			40,100			36,600			30,400
Total International Primary Insurance In-force	$	360,900		$	332,000		$	319,600		$	271,600		$	256,800
Total Risk In-force(3)
Canada	$	41,900		$	39,600		$	39,300		$	35,700		$	32,500
Australia		64,800			61,000			58,500			46,600			46,700
Other International		6,900			5,700			4,900			4,300			3,600
Total International Risk In-force	$	113,600		$	106,300		$	102,700		$	86,600		$	82,800

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

⁽¹⁾ The ratio of incurred losses and loss adjustment expense to net premiums earned.

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

⁽³⁾ Our businesses in Australia, New Zealand and Canada currently provide 100% coverage on the majority of the loans we insure in those markets. For the purpose of representing our risk in-force, we have computed an “Effective Risk In-force” amount, which recognizes that the loss on any particular loan will be reduced by the net proceeds received upon sale of the property. Effective risk in-force has been calculated by applying to insurance in-force a factor that represents our highest expected average per-claim payment for any one underwriting year over the life of our businesses in Australia, New Zealand and Canada. This factor was 35% for all periods presented.

38

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Loans in Default and Claims—International Mortgage Insurance

Primary Insurance	March 31, 2007		December 31, 2006
Insured loans in-force	2,600,997		2,437,746
Loans in default	9,895		8,870
Percentage of loans in default (default rate)	0.4	%	0.4	%
Flow loans in-force	2,279,741		2,156,641
Flow loans in default	9,455		8,599
Percentage of flow loans in default (default rate)	0.4	%	0.4	%
Bulk loans in-force	321,256		281,105
Bulk loans in default	440		271
Percentage of bulk loans in default (default rate)	0.1	%	0.1	%

39

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income and Sales—Payment Protection Insurance

(amounts in millions)

	2007			2006
	Q1			Q4(1)			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	320		$	226		$	310		$	322		$	291		$	1,149
Net investment income		32			45			23			23			22			113
Net investment gains (losses)		—			—			—			—			—			—
Policy fees and other income		5			2			7			7			6			22
Total revenues		357			273			340			352			319			1,284
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		58			36			49			54			48			187
Acquisition and operating expenses, net of deferrals		181			142			187			182			172			683
Amortization of deferred acquisition costs and intangibles		77			45			65			77			65			252
Interest expense		3			6			—			—			—			6
Total benefits and expenses		319			229			301			313			285			1,128
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		38			44			39			39			34			156
Provision for income taxes		9			11			13			10			9			43
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		29			33			26			29			25			113
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			—			—			—			—
SEGMENT NET OPERATING INCOME(2)	$	29		$	33		$	26		$	29		$	25		$	113
Effective tax rate (operating income)		22.8	%		23.8	%		32.9	%		27.2	%		25.7	%		27.4	%
SALES:
Payment Protection:
Traditional indemnity premiums	$	364		$	203		$	424		$	454		$	389		$	1,470
Premium equivalents for administrative services only business		50			51			31			14			30			126
Reinsurance premiums assumed accounted for under the deposit method		172			437			97			32			—			566
Total Payment Protection(3)		586			691			552			500			419			2,162
Mexico operations		19			18			18			15			16			67
Total Sales	$	605		$	709		$	570		$	515		$	435		$	2,229

Sales from our payment protection insurance business represent total written premiums, deposits and premium equivalents for third-party administered business, gross of ceded reinsurance and cancellations, during the specified period.

Sales from our Mexico operations represent net written premium, net of cancellations.

⁽¹⁾ During the fourth quarter of 2006, approximately $73 million of premiums related to certain reinsurance assumed business were reclassified from reinsurance accounting to the deposit method of accounting. This change in accounting also resulted in reclassifications in the investment income, benefits and other changes in policyholder reserves and interest expense captions on the income statement, but had no impact on segment net income or segment net operating income in the fourth quarter of 2006. The fourth quarter 2006 reclassification to the deposit method of accounting presented above was a cumulative catch-up for the previous three quarters of 2006. To better facilitate the analysis of PPI’s sales, revenue and expense trends, page 41 presents all 2006 quarterly income statements and sales data on a basis consistent with these reinsurance assumed arrangements being accounted for under the deposit method of accounting. This change in accounting had no impact on segment net income from continuing operations or segment net operating income for all periods presented.

⁽²⁾ Segment net operating income adjusted for foreign exchange for our payment protection insurance business was $27 million for the three months ended March 31, 2007.

⁽³⁾ Sales adjusted for foreign exchange for our payment protection insurance business was $539 million for the three months ended March 31, 2007.

40

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Segment Net Income and Segment Net Operating Income and Sales—Payment Protection Insurance

(Supplemental Analysis—Prior Quarters Adjusted for Change in Accounting)

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	320		$	277		$	287		$	306		$	279		$	1,149
Net investment income		32			29			31			28			25			113
Net investment gains (losses)		—			—			—			—			—			—
Policy fees and other income		5			8			3			5			6			22
Total revenues		357			314			321			339			310			1,284
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		58			54			41			48			44			187
Acquisition and operating expenses, net of deferrals		181			151			183			179			170			683
Amortization of deferred acquisition costs and intangibles		77			64			56			72			60			252
Interest expense		3			1			2			1			2			6
Total benefits and expenses		319			270			282			300			276			1,128
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		38			44			39			39			34			156
Provision for income taxes		9			11			13			10			9			43
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		29			33			26			29			25			113
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			—			—			—			—			—
SEGMENT NET OPERATING INCOME	$	29		$	33		$	26		$	29		$	25		$	113
Effective tax rate (operating income)		22.8	%		23.8	%		32.9	%		27.2	%		25.7	%		27.4	%
SALES:
Payment Protection:
Traditional indemnity premiums	$	364		$	476		$	307		$	369		$	318		$	1,470
Premium equivalents for administrative services only business		50			51			31			14			30			126
Reinsurance premiums assumed accounted for under the deposit method		172			164			214			117			71			566
Total Payment Protection		586			691			552			500			419			2,162
Mexico operations		19			18			18			15			16			67
Total Sales	$	605		$	709		$	570		$	515		$	435		$	2,229
PREMIUMS:
Continuing business	$	305		$	271		$	265		$	269		$	254		$	1,059
Travel and runoff block		15			6			22			37			25			90
Total Premiums	$	320		$	277		$	287		$	306		$	279		$	1,149

Supplemental Analysis for Change in Accounting:

During the fourth quarter of 2006, approximately $73 million of premiums related to certain reinsurance assumed business were reclassified from reinsurance accounting to the deposit method of accounting. This change in accounting also resulted in reclassifications in the investment income, benefits and other changes in policyholder reserves and interest expense captions on the income statement, but had no impact on segment net income or segment net operating income in the fourth quarter of 2006. The fourth quarter 2006 reclassification to the deposit method of accounting presented on page 40 was treated as a cumulative catch-up for the previous three quarters of 2006.

To better facilitate the analysis of PPI’s sales, revenue and expense trends, the above represents all 2006 quarterly income statements and sales data on a basis consistent with these reinsurance assumed arrangements being accounted for under the deposit method of accounting. This change in accounting had no impact on segment net income from continuing operations or segment net operating income for all periods presented.

41

U.S. Mortgage Insurance

42

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

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

(amounts in millions)

	2007			2006
	Q1			Q4(1)			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	137		$	136		$	118		$	116		$	116		$	486
Net investment income		37			34			34			37			35			140
Net investment gains (losses)		—			4			1			1			—			6
Policy fees and other income		7			6			7			8			5			26
Total revenues		181			180			160			162			156			658
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		52			54			44			24			19			141
Acquisition and operating expenses, net of deferrals		32			32			37			34			33			136
Amortization of deferred acquisition costs and intangibles		8			6			9			7			8			30
Total benefits and expenses		92			92			90			65			60			307
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		89			88			70			97			96			351
Provision for income taxes		24			24			17			24			24			89
SEGMENT NET INCOME FROM CONTINUING OPERATIONS		65			64			53			73			72			262
ADJUSTMENT TO SEGMENT NET INCOME FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			(2	)		—			(1	)		—			(3	)
SEGMENT NET OPERATING INCOME	$	65		$	62		$	53		$	72		$	72		$	259
Effective tax rate (operating income)		27.1	%		26.3	%		24.0	%		25.2	%		24.9	%		25.1	%
SALES:
New Insurance Written (NIW):
Flow	$	6,900		$	7,300		$	6,900		$	6,700		$	5,500		$	26,400
Bulk		6,100			8,100			1,200			1,400			1,300			12,000
Pool		100			200			100			100			—			400
Total U.S. Mortgage NIW	$	13,100		$	15,600		$	8,200		$	8,200		$	6,800		$	38,800

Sales represent new insurance written. New insurance written represents the original principal balance of mortgages covered by newly issued mortgage insurance during the specified period.

⁽¹⁾ Included in the results for the fourth quarter of 2006 are adjustments related to the premium recognition curve and loss factor update. These adjustments favorably impacted segment net operating income by $5 million in the fourth quarter of 2006. For further details, see our fourth quarter 2006 financial supplement on our website at www.genworth.com.

43

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—U.S. Mortgage Insurance

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
New Insurance Written	$	13,100		$	15,600		$	8,200		$	8,200		$	6,800		$	38,800
Net Premiums Written	$	140		$	138		$	121		$	119		$	115		$	493
New Risk Written
Flow	$	1,695		$	1,776		$	1,773		$	1,697		$	1,404		$	6,650
Bulk		198			257			40			41			102			440
Total Primary		1,893			2,033			1,813			1,738			1,506			7,090
Pool		3			9			3			2			2			16
Total New Risk Written	$	1,896		$	2,042		$	1,816		$	1,740		$	1,508		$	7,106
Loss Ratio(1)		38	%		40	%		37	%		21	%		16	%		29	%
Expense Ratio(2)		29	%		28	%		37	%		35	%		36	%		34	%
Primary Insurance In-force	$	120,500		$	113,400		$	104,000		$	102,000		$	100,500
Risk In-force
Flow	$	23,013		$	22,484		$	21,962		$	21,555		$	21,328
Bulk		978			783			534			498			460
Total Primary		23,991			23,267			22,496			22,053			21,788
Pool		436			452			468			494			516
Total Risk In-force	$	24,427		$	23,719		$	22,964		$	22,547		$	22,304

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

⁽¹⁾ The ratio of incurred losses and loss adjustment expense to net premiums earned.

⁽²⁾ The ratio of an insurer’s general expenses to net premiums written. In our business, general expenses consist of acquisition and insurance expenses, net of deferrals, and amortization of DAC and intangibles. Prior quarter expense ratios have been restated as a result of a reclassification from acquisition and operating expenses, net of deferrals, to policy fees and other income.

44

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Selected Key Performance Measures—U.S. Mortgage Insurance

	2007			2006
	Q1			Q4			Q3			Q2			Q1
Risk In-force by Credit Quality
Flow by FICO Scores >619 (%)		91	%		91	%		91	%		92	%		92	%
Flow by FICO Scores 575-619		7	%		7	%		7	%		6	%		6	%
Flow by FICO Scores <575		2	%		2	%		2	%		2	%		2	%
Bulk by FICO Scores >619		98	%		97	%		95	%		95	%		94	%
Bulk by FICO Scores 575-619		1	%		2	%		3	%		3	%		4	%
Bulk by FICO Scores <575		1	%		1	%		2	%		2	%		2	%
Primary A minus and sub-prime		11.5	%		11.2	%		11.1	%		10.8	%		10.6	%
Primary Loans
Primary total loans in-force		800,110			778,311			744,867			740,091			740,562
Primary total loans in default		23,370			24,296			23,083			22,069			23,127
Primary loans total default rate		2.9	%		3.1	%		3.1	%		3.0	%		3.1	%
Flow loans in-force		646,004			638,833			631,181			628,744			632,759
Flow loans in default		21,804			22,966			22,001			21,021			22,070
Flow loans default rate		3.4	%		3.6	%		3.5	%		3.3	%		3.5	%
Bulk loans in-force		154,106			139,478			113,686			111,347			107,803
Bulk loans in default		1,566			1,330			1,082			1,048			1,057
Bulk loans default rate		1.0	%		1.0	%		1.0	%		0.9	%		1.0	%
A minus and sub-prime loans in-force		79,405			75,234			72,678			70,595			69,066
A minus and sub-prime loans in default		6,875			7,258			6,773			6,185			6,064
A minus and sub-prime loans default rate		8.7	%		9.6	%		9.3	%		8.8	%		8.8	%
Pool Loans
Insured loans in-force		20,074			21,597			17,926			18,142			18,613
Pool loans in default		415			402			446			477			500
Pool loans default rate		2.1	%		1.9	%		2.5	%		2.6	%		2.7	%
Claims Paid(dollar amounts in millions)
Primary Claims Paid (includes LAE)	$	37.5		$	36.0		$	36.0		$	32.2		$	30.6
Pool Claims Paid (includes LAE)	$	0.1		$	0.2		$	—		$	0.4		$	0.1
Primary Average Claim Severity		101	%		99	%		98	%		95	%		96	%
Other Measures
Flow Persistency		78	%		76	%		74	%		71	%		72	%
Gross written premiums ceded to captives/total direct written premiums		22	%		23	%		23	%		24	%		24	%
Risk to capital ratio(1)		8.8:1			8.6:1			7.9:1			8.0:1			8.1:1

⁽¹⁾ Certain states limit a private mortgage insurer’s risk in-force to 25 times the total of the insurer’s policyholders’ surplus plus the statutory contingent reserve, commonly known as the “risk to capital” requirement. The risk to capital ratio for our U.S. mortgage insurance business was computed as of the beginning of the period indicated.

45

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Primary Risk In-force and Primary Default Rate

by Region and State

	March 31, 2007				December 31, 2006				March 31, 2006
	% of Primary Risk In-force		Primary Default Rate		% of Primary Risk In-force		Primary Default Rate		% of Primary Risk In-force		Primary Default Rate
By Region
Southeast(1)	26	%	3.14	%	26	%	3.36	%	25	%	3.33	%
South Central(2)	17		2.91	%	17		3.18	%	17		3.85	%
Northeast(3)	13		3.16	%	13		3.34	%	14		3.29	%
North Central(4)	12		2.62	%	12		2.80	%	12		2.54	%
Great Lakes(5)	10		4.44	%	10		4.75	%	10		4.33	%
Pacific(6)	8		1.52	%	8		1.44	%	8		1.54	%
Plains(7)	6		2.31	%	6		2.52	%	6		2.28	%
New England(8)	4		2.63	%	4		2.66	%	4		2.33	%
Mid-Atlantic(9)	4		2.07	%	4		2.21	%	4		2.15	%
Total	100	%	2.92	%	100	%	3.12	%	100	%	3.12	%
By State
Florida	9	%	2.33	%	9	%	2.17	%	9	%	1.93	%
Texas	7	%	3.44	%	7	%	3.89	%	7	%	4.26	%
New York	6	%	2.43	%	6	%	2.59	%	6	%	2.48	%
Illinois	5	%	2.93	%	5	%	3.08	%	5	%	2.83	%
Georgia	4	%	4.01	%	4	%	4.22	%	4	%	4.08	%
North Carolina	4	%	3.50	%	4	%	4.04	%	4	%	3.91	%
Pennsylvania	4	%	4.11	%	4	%	4.47	%	4	%	4.42	%
Ohio	4	%	4.70	%	4	%	4.96	%	4	%	4.59	%
California	4	%	1.20	%	3	%	0.99	%	3	%	0.94	%
New Jersey	3	%	3.19	%	3	%	3.14	%	3	%	3.11	%

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

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

⁽³⁾ New Jersey, New York and Pennsylvania

⁽⁴⁾ Illinois, Minnesota, Missouri and Wisconsin

⁽⁵⁾ Indiana, Kentucky, Michigan and Ohio

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

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

⁽⁸⁾ Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont

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

46

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

U.S. Mortgage Insurance Loan Portfolio

(amounts in millions)

	March 31, 2007		December 31, 2006		March 31, 2006
Primary risk-in-force lender concentration (by original applicant)	$	23,991	$	23,267	$	21,788
Top 10 lenders		9,168		8,829		8,485
Top 20 lenders		11,988		11,456		10,931
Loan-to-value ratio
95.01% and above	$	5,812	$	5,378	$	4,314
90.01% to 95.00%		8,137		8,141		8,258
80.01% to 90.00%		9,148		9,028		8,800
80.00% and below		894		720		416
Total	$	23,991	$	23,267	$	21,788
Loan grade
Prime	$	21,233	$	20,670	$	19,473
A minus and sub-prime		2,758		2,597		2,315
Total	$	23,991	$	23,267	$	21,788
Loan type(1)
Fixed rate mortgage	$	22,332	$	21,729	$	20,356
Adjustable rate mortgage		1,659		1,538		1,432
Total	$	23,991	$	23,267	$	21,788
Type of documentation
Alt A	$	1,586	$	1,517	$	1,189
Standard		22,405		21,750		20,599
Total	$	23,991	$	23,267	$	21,788
Mortgage term
15 years and under	$	398	$	441	$	660
More than 15 years		23,593		22,826		21,128
Total	$	23,991	$	23,267	$	21,788

⁽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.

47

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Primary Insurance In-force and Risk In-Force

(dollar amounts in millions)

	As of March 31, 2007
Policy Year	Average Rate		Primary insurance in-force		Percent of total		Primary risk in-force		Percent of total
1997 and Prior	8.13	%	$	2,449	2.0	%	$	601	2.5	%
1998	7.14	%		972	0.8	%		256	1.1	%
1999	7.29	%		1,154	1.0	%		292	1.2	%
2000	8.14	%		737	0.6	%		181	0.8	%
2001	7.36	%		2,702	2.2	%		665	2.8	%
2002	6.72	%		6,672	5.5	%		1,607	6.7	%
2003	5.63	%		24,933	20.7	%		4,290	17.9	%
2004	5.83	%		13,790	11.4	%		3,003	12.5	%
2005	5.97	%		19,588	16.3	%		4,796	20.0	%
2006	6.67	%		34,715	28.9	%		6,423	26.7	%
2007	6.90	%		12,814	10.6	%		1,877	7.8	%
Total portfolio	6.35	%	$	120,526	100.0	%	$	23,991	100.0	%

48

Corporate and Other

49

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Net Loss and Net Operating Loss—Corporate and Other

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
REVENUES:
Premiums	$	7		$	3		$	10		$	7		$	7		$	27
Net investment income		15			28			20			15			33			96
Net investment gains (losses)		—			9			—			(3	)		(18	)		(12	)
Policy fees and other income		2			2			1			2			2			7
Total revenues		24			42			31			21			24			118
BENEFITS AND EXPENSES:
Benefits and other changes in policy reserves		—			—			1			1			1			3
Acquisition and operating expenses, net of deferrals(1)		21			19			25			15			6			65
Amortization of deferred acquisition costs and intangibles(1)		14			1			2			1			1			5
Interest expense		60			58			51			53			56			218
Total benefits and expenses		95			78			79			70			64			291
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		(71	)		(36	)		(48	)		(49	)		(40	)		(173	)
Benefit from income taxes		(24	)		(10	)		(15	)		(14	)		(13	)		(52	)
NET LOSS FROM CONTINUING OPERATIONS BEFORE CUMULATIVE EFFECT OF ACCOUNTING CHANGE		(47	)		(26	)		(33	)		(35	)		(27	)		(121	)
Cumulative effect of accounting change, net of taxes		—			—			—			—			4			4
NET LOSS FROM CONTINUING OPERATIONS		(47	)		(26	)		(33	)		(35	)		(23	)		(117	)
ADJUSTMENT TO NET LOSS FROM CONTINUING OPERATIONS:
Net investment (gains) losses, net of taxes and other adjustments		—			(5	)		—			1			12			8
Expenses related to reorganization, net of taxes		14			—			—			—			—			—
Cumulative effect of accounting change, net of taxes		—			—			—			—			(4	)		(4	)
NET OPERATING LOSS	$	(33	)	$	(31	)	$	(33	)	$	(34	)	$	(15	)	$	(113	)
Effective tax rate (operating income)		33.7	%		22.4	%		29.6	%		31.1	%		26.9	%		27.8	%

⁽¹⁾ Includes pretax reorganization costs for an impairment of internal-use software of $13 million and $8 million of severance and other employee termination related expenses in the first quarter of 2007.

50

ADDITIONAL FINANCIAL DATA

51

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Investments Summary

(amounts in millions)

		March 31, 2007				December 31, 2006				September 30, 2006				June 30, 2006				March 31, 2006
		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
Other public		$	24,915	36	%	$	24,604	35	%	$	24,259	36	%	$	23,087	35	%	$	23,752	36	%
Other private			10,657	15			10,653	15			10,476	15			10,193	16			10,163	15
Mortgage and asset-backed			14,513	20			14,438	20			13,170	19			12,629	19			13,158	20
Tax exempt			2,212	3			2,231	3			2,720	4			2,801	4			2,900	4
Non-investment grade			2,816	4			2,758	4			2,891	4			2,844	4			2,785	4
Equity securities:
Common stocks and mutual funds			53	—			52	—			45	—			44	—			45	—
Preferred stocks			147	—			145	—			147	—			143	—			148	—
Commercial mortgage loans			8,508	12			8,357	12			8,182	12			8,072	12			7,769	12
Policy loans			1,494	2			1,489	2			1,493	2			1,480	2			1,356	2
Cash, cash equivalents and short-term investments			2,261	3			2,449	4			2,301	3			2,349	4			1,944	3
Securities lending			2,179	3			2,277	3			1,621	3			935	2			1,597	2
Other invested assets			1,572	2			1,556	2			1,424	2			902	2			1,088	2
Total invested assets and cash		$	71,327	100	%	$	71,009	100	%	$	68,729	100	%	$	65,479	100	%	$	66,705	100	%
Public Fixed Maturities—Credit Quality:
NAIC Designation	Rating Agency Equivalent Designation
1	Aaa/Aa/A	$	30,435	77	%	$	30,041	76	%	$	29,341	74	%	$	28,204	74	%	$	28,800	74	%
2	Baa		7,315	18			7,496	19			7,971	20			7,758	20			8,347	21
3	Ba		1,325	3			1,320	3			1,425	4			1,430	4			1,496	4
4	B		635	2			611	2			647	2			616	2			544	1
5	Caa and lower		49	—			76	—			22	—			25	—			77	—
6	In or near default		9	—			9	—			9	—			9	—			9	—
Not rated	Not rated		—	—			—	—			—	—			—	—			5	—
	Total public fixed maturities	$	39,768	100	%	$	39,553	100	%	$	39,415	100	%	$	38,042	100	%	$	39,278	100	%
Private Fixed Maturities—Credit Quality:
NAIC Designation	Rating Agency Equivalent Designation
1	Aaa/Aa/A	$	8,944	58	%	$	8,897	59	%	$	7,972	57	%	$	7,530	56	%	$	7,634	57	%
2	Baa		5,603	37			5,493	36			5,341	38			5,231	39			5,193	39
3	Ba		658	4			579	4			592	4			535	4			445	3
4	B		102	1			132	1			172	1			163	1			160	1
5	Caa and lower		30	—			5	—			12	—			13	—			13	—
6	In or near default		7	—			7	—			11	—			39	—			34	—
Not rated	Not rated		1	—			18	—			1	—			1	—			1	—
	Total private fixed maturities	$	15,345	100	%	$	15,131	100	%	$	14,101	100	%	$	13,512	100	%	$	13,480	100	%

52

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Fixed Maturities Summary

(amounts in millions)

	March 31, 2007				December 31, 2006				September 30, 2006				June 30, 2006				March 31, 2006
	Estimated Fair Value		% of Total		Estimated Fair Value		% of Total		Estimated Fair Value		% of Total		Estimated Fair Value		% of Total		Estimated Fair Value		% of Total
Fixed Maturities—Security Sector:
U.S. government, agencies & government sponsored entities	$	516	1	%	$	864	2	%	$	689	1	%	$	665	1	%	$	635	1	%
Tax exempt		2,220	4			2,231	4			2,720	5			2,802	5			2,900	6
Foreign government		1,736	3			1,765	3			1,770	3			1,842	4			1,824	4
U.S. corporate		25,013	45			24,656	45			24,730	46			24,051	47			24,950	47
Foreign corporate		10,993	20			10,632	19			10,335	20			9,457	18			9,183	17
Mortgage-backed(1)		9,639	18			9,212	17			8,508	16			8,130	16			8,633	16
Asset-backed(1)		4,996	9			5,324	10			4,764	9			4,607	9			4,633	9
Total fixed maturities	$	55,113	100	%	$	54,684	100	%	$	53,516	100	%	$	51,554	100	%	$	52,758	100	%
Corporate Bond Holdings—Industry Sector:
Finance and insurance	$	13,010	36	%	$	12,461	35	%	$	11,832	34	%	$	11,202	33	%	$	11,485	34	%
Utilities and energy		6,370	18			6,238	18			6,345	18			6,073	18			6,472	19
Consumer—non cyclical		4,210	12			4,136	12			4,219	12			4,085	12			4,419	13
Consumer—cyclical		2,503	7			2,497	7			2,464	7			2,413	7			2,306	7
Capital goods		2,142	6			2,115	6			1,954	6			1,840	6			1,798	5
Industrial		1,734	5			1,762	5			1,998	6			2,027	6			2,016	6
Technology and communications		2,479	7			2,469	7			2,497	7			2,431	7			2,511	7
Transportation		1,236	3			1,230	3			1,235	3			1,207	4			1,217	3
Other		2,322	6			2,380	7			2,521	7			2,230	7			1,909	6
Total	$	36,006	100	%	$	35,288	100	%	$	35,065	100	%	$	33,508	100	%	$	34,133	100	%
Fixed Maturities—Contractual Maturity Dates:
Due in one year or less	$	2,192	4	%	$	2,342	4	%	$	2,902	5	%	$	2,867	6	%	$	2,729	5	%
Due after one year through five years		10,487	19			10,416	19			9,984	19			9,567	18			9,780	19
Due after five years through ten years		9,999	18			9,900	18			10,264	19			10,229	20			10,512	20
Due after ten years		17,800	32			17,490	32			17,094	32			16,154	31			16,471	31
Subtotal		40,478	73			40,148	73			40,244	75			38,817	75			39,492	75
Mortgage and asset-backed		14,635	27			14,536	27			13,272	25			12,737	25			13,266	25
Total fixed maturities	$	55,113	100	%	$	54,684	100	%	$	53,516	100	%	$	51,554	100	%	$	52,758	100	%

⁽¹⁾ We had $6,064 million of residential mortgage-backed securities included in mortgage-backed and asset-backed securities, of which $2,045 million are investment grade securities which are collateralized by sub-prime loans as of March 31, 2007.

53

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Commercial Mortgage Loans Data

(amounts in millions)

	March 31, 2007					December 31, 2006					September 30, 2006					June 30, 2006					March 31, 2006
Summary of Commercial Mortgage Loans	Carrying Amount			% of Total		Carrying Amount			% of Total		Carrying Amount			% of Total		Carrying Amount			% of Total		Carrying Amount			% of Total
Geographic Region
Pacific	$	2,303		27	%	$	2,321		28	%	$	2,372		29	%	$	2,359		29	%	$	2,267		29	%
South Atlantic		1,870		22			1,798		21			1,721		21			1,703		21			1,634		21
Middle Atlantic		1,124		13			1,115		13			1,117		14			1,105		14			1,105		14
East North Central		858		10			835		10			829		10			835		10			867		11
Mountain		821		10			815		10			759		9			718		9			609		8
West South Central		344		4			357		4			331		4			365		4			344		4
West North Central		549		7			535		7			531		6			473		6			451		6
East South Central		292		3			280		3			306		4			303		4			293		4
New England		360		4			311		4			224		3			219		3			222		3
Subtotal		8,521		100	%		8,367		100	%		8,190		100	%		8,080		100	%		7,792		100	%
Allowance for losses		(17	)				(15	)				(14	)				(15	)				(30	)
Unamortized fees and costs		4					5					6					7					7
Total	$	8,508				$	8,357				$	8,182				$	8,072				$	7,769
Property Type
Office	$	2,364		28	%	$	2,319		28	%	$	2,334		29	%	$	2,349		29	%	$	2,291		29	%
Industrial		2,258		27			2,211		26			2,184		27			2,174		27			2,155		28
Retail		2,238		26			2,203		26			2,158		26			2,089		26			2,067		27
Apartments		972		11			987		12			995		12			976		12			950		12
Mixed use/other		689		8			647		8			519		6			492		6			329		4
Subtotal		8,521		100	%		8,367		100	%		8,190		100	%		8,080		100	%		7,792		100	%
Allowance for losses		(17	)				(15	)				(14	)				(15	)				(30	)
Unamortized fees and costs		4					5					6					7					7
Total	$	8,508				$	8,357				$	8,182				$	8,072				$	7,769
	Principal Balance			% of Total		Principal Balance			% of Total		Principal Balance			% of Total		Principal Balance			% of Total		Principal Balance			% of Total
Loan Size
Under $5 million	$	3,583		42	%	$	3,557		43	%	$	3,545		43	%	$	3,491		43	%	$	3,757		48	%
$5 million but less than $10 million		1,944		23			1,885		23			1,845		23			1,870		23			1,813		24
$10 million but less than $20 million		1,674		20			1,638		19			1,640		20			1,537		19			1,342		17
$20 million but less than $30 million		461		5			507		6			558		7			548		7			474		6
$30 million and over		859		10			781		9			603		7			635		8			407		5
Subtotal		8,521		100	%		8,368		100	%		8,191		100	%		8,081		100	%		7,793		100	%
Net premium/discount		—					(1	)				(1	)				(1	)				(1	)
Total	$	8,521				$	8,367				$	8,190				$	8,080				$	7,792
Allowance for Losses on Commercial Mortgage Loans
Beginning balance	$	15				$	14				$	15				$	30				$	31
Provisions		2					1					—					—					—
Releases		—					—					(1	)				(15	)				(1	)
Ending balance	$	17				$	15				$	14				$	15				$	30

54

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

General Account GAAP Net Investment Income Yields

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
GAAP Net Investment Income
Fixed maturities—taxable(1)	$	774		$	778		$	724		$	720		$	708		$	2,930
Fixed maturities—non-taxable		25			28			32			31			31			122
Commercial mortgage loans		130			127			125			136			119			507
Equity securities		7			3			6			7			7			23
Other investments		10			19			9			12			11			51
Policy loans		34			34			32			32			30			128
Restricted investments held by securitization entities		—			—			—			—			7			7
Cash, cash equivalents and short-term investments		27			35			23			20			17			95
Gross investment income before expenses and fees		1,007			1,024			951			958			930			3,863
Expenses and fees		(23	)		(21	)		(19	)		(18	)		(18	)		(76	)
Net investment income	$	984		$	1,003		$	932		$	940		$	912		$	3,787
Annualized Yields
Fixed maturities—taxable(1)		5.9	%		6.1	%		5.8	%		5.8	%		5.7	%		5.8	%
Fixed maturities—non-taxable		4.8	%		4.8	%		4.7	%		4.5	%		4.4	%		4.7	%
Commercial mortgage loans		6.2	%		6.1	%		6.2	%		6.9	%		6.3	%		6.4	%
Equity securities		15.2	%		8.0	%		15.9	%		16.1	%		12.3	%		12.3	%
Other investments		5.4	%		12.2	%		6.7	%		10.3	%		10.5	%		9.9	%
Policy loans		9.0	%		9.0	%		8.5	%		9.1	%		8.8	%		8.9	%
Restricted investments held by securitization entities		—			—			—			—			8.2	%		5.1	%
Cash, cash equivalents and short-term investments		4.6	%		5.8	%		4.0	%		3.6	%		3.6	%		4.3	%
Gross investment income before expenses and fees		5.9	%		6.1	%		5.8	%		5.9	%		5.8	%		5.9	%
Expenses and fees		-0.1	%		-0.1	%		-0.1	%		-0.1	%		-0.1	%		-0.1	%
Net investment income		5.8	%		6.0	%		5.7	%		5.8	%		5.7	%		5.8	%

Yields for fixed maturities and equity securities are based on amortized cost and cost, respectively. Yields for securities lending activity, which is included in other investments, are calculated net of the corresponding securities lending liability. All other yields are based on average carrying values.

⁽¹⁾ Includes a $22 million adjustment in the fourth quarter of 2006 reflecting imputed investment income related to reinsurance assumed in our payment protection business previously reflected as risk transfer and adjusted in the fourth quarter of 2006 to reflect deposit accounting.

55

RECONCILIATIONS OF NON-GAAP MEASURES

56

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Reconciliation of Operating ROE

(amounts in millions)

	Twelve months ended
	March 31, 2007			December 31, 2006			September 30, 2006			June 30, 2006			March 31, 2006
GAAP Basis ROE
Net income for the twelve months ended (1)	$	1,318		$	1,328		$	1,262		$	1,265		$	1,233
Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (2)	$	12,046		$	11,987		$	11,876		$	11,716		$	11,533
GAAP Basis ROE (1) divided by (2)		10.9	%		11.1	%		10.6	%		10.8	%		10.7	%
Operating ROE
Net operating income for the twelve months ended (1)	$	1,320		$	1,317		$	1,253		$	1,259		$	1,207
Quarterly average stockholders’ equity, excluding accumulated other comprehensive income (2)	$	12,046		$	11,987		$	11,876		$	11,716		$	11,533
Operating ROE (1) divided by (2)		11.0	%		11.0	%		10.6	%		10.7	%		10.5	%

(1) The twelve months ended information is derived by adding the four most recent quarters of net income and net operating income.

(2) Quarterly average stockholders’ equity, excluding accumulated other comprehensive income, is derived by averaging ending stockholders’ equity, excluding accumulated other comprehensive income, but including equity related to discontinued operations, for the most recent five quarters.

Non-GAAP Definition for Operating ROE

The company references the non-GAAP financial measure entitled “operating return on equity” or “operating ROE.” The company defines operating ROE as net operating income divided by average ending stockholders’ equity, excluding accumulated other comprehensive income (AOCI) in average ending stockholders’ equity. Management believes that analysis of operating ROE enhances understanding of the efficiency with which the company deploys its capital. However, operating ROE as defined by the company should not be viewed as a substitute for GAAP net income divided by average ending stockholders’ equity.

57

GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Reconciliation of Expense Ratio

(amounts in millions)

	2007			2006
	Q1			Q4			Q3			Q2			Q1			Total
GAAP Basis Expense Ratio
Acquisition and operating expenses, net of deferrals (1)	$	489		$	446		$	493		$	483		$	436		$	1,858
Total revenues (2)	$	2,710		$	2,657		$	2,615		$	2,571		$	2,442		$	10,285
Expense ratio (1) divided by (2)		18.0	%		16.8	%		18.9	%		18.8	%		17.9	%		18.1	%
GAAP Basis, As Adjusted—Expense Ratio
Acquisition and operating expenses, net of deferrals	$	489		$	446		$	493		$	483		$	436		$	1,858
Less payment protection insurance business		181			142			187			182			172			683
Less expenses related to reorganization(A)		8			—			—			—			—			—
Adjusted acquisition and operating expenses, net of deferrals (3)	$	300		$	304		$	306		$	301		$	264		$	1,175
Total revenues	$	2,710		$	2,657		$	2,615		$	2,571		$	2,442		$	10,285
Less payment protection insurance business		357			273			340			352			319			1,284
Less net investment gains (losses)		(19	)		8			(6	)		(49	)		(22	)		(69	)
Adjusted total revenues (4)	$	2,372		$	2,376		$	2,281		$	2,268		$	2,145		$	9,070
Adjusted expense ratio (3) divided by (4)		12.6	%		12.8	%		13.4	%		13.3	%		12.3	%		13.0	%

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 payment protection insurance business. The payment protection insurance business is excluded from this ratio as its expense base is comprised of varying levels of non-deferrable acquisition costs. Management believes that the expense ratio analysis enhances understanding of the productivity of the company. However, the expense ratio as defined by the company should not be viewed as a substitute for GAAP acquisition and operating expenses, net of deferrals, divided by total revenues.

^(A) Includes severance and other employee related expenses associated with our reorganization announced in the first quarter of 2007.

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GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Reconciliation of Core Premiums

(amounts in millions)

	2007			2006
	Q1			Q4		Q3		Q2		Q1		Total
Reported premiums	$	1,511		$	1,446	$	1,505	$	1,480	$	1,371	$	5,802
Less payment protection insurance run-off and Travel Insurance premiums		15			6		22		37		25		90
Less retirement income—spread-based premiums		154			146		210		200		180		736
Core premiums	$	1,342		$	1,294	$	1,273	$	1,243	$	1,166	$	4,976
Reported premium percentage change from prior year		10.2	%
Core premium percentage change from prior year		15.1	%

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 on run-off and Travel Insurance blocks in our payment protection insurance business and less premiums from our spread-based retail business. The retirement income—spread-based premiums are excluded in this measure primarily because these are single premiums and are not an indication of future premiums. 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.

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GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Reconciliation of Core Yield

		2007			2006
	(Assets—amounts in billions)	Q1			Q4			Q3			Q2			Q1
	Reported—Total Invested Assets and Cash	$	71.3		$	71.0		$	68.7		$	65.5		$	66.7
	Subtract:
	Securities lending		2.2			2.3			1.6			0.9			1.6
	Unrealized gains (losses)		1.0			1.2			0.6			(0.7	)		0.2
	Derivative counterparty collateral		0.3			0.4			0.4			0.2			0.3
	Adjusted end-of-period invested assets	$	67.8		$	67.1		$	66.1		$	65.1		$	64.6
(A)	Average Invested Assets used in Reported Yield	$	67.5		$	66.6		$	65.6		$	64.8		$	64.5
	Subtract: limited partnership investments (average balance)		0.2			0.2			0.2			0.1			0.1
(B)	Average Invested Assets used in Core Yield Calculation		67.3			66.4			65.4			64.7			64.4
	Subtract: portfolios supporting floating and short-term products		12.2			11.0			10.4			10.0			9.1
(C)	Average Invested Assets used in Core Yield (excl. Floating & Short-Term) Calculation	$	55.1		$	55.4		$	55.0		$	54.7		$	55.3
	(Income - amounts in millions)
(D)	Reported - Net Investment Income	$	984		$	1,003		$	932		$	940		$	912
	Subtract certain investment items(1)		29			54			9			38			27
(E)	Core Net Investment Income		955			949			923			902			885
	Subtract: investment income from portfolios supporting floating and short-term products		180			165			147			139			120
(F)	Core Net Investment Income (excl. Floating and Short-Term)	$	775		$	784		$	776		$	763		$	765
(D)/(A)	Reported Yield		5.8	%		6.0	%		5.7	%		5.8	%		5.7	%
(E)/(B)	Core Yield		5.7	%		5.7	%		5.6	%		5.6	%		5.5	%
(F)/(C)	Core Yield (excl. Floating and Short-Term)		5.6	%		5.7	%		5.6	%		5.6	%		5.5	%

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⁾ Includes bond calls, prepayments, limited partnerships, commercial mortgage loan loss reserves and other items. This amount also includes a $22 million reclassification in the fourth quarter of 2006 reflecting imputed investment income related to certain reinsurance assumed in our payment protection insurance business reclassified from reinsurance accounting to the deposit method of accounting.

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CORPORATE INFORMATION

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GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Industry Ratings

Our principal life insurance subsidiaries are rated by A.M. Best, S&P, Moody’s and Fitch as follows:

Company	A.M. Best rating	S&P rating	Moody’s rating	Fitch rating
Genworth Life Insurance Company of New York	A+	AA-	Aa3	AA-
Genworth Life and Annuity Insurance Company	A+	AA-	Aa3	AA-
Genworth Life and Annuity Insurance Company (short term rating)	Not rated	A-1+	P-1	Not rated
Genworth Life and Health Insurance Company	A	AA-	Not rated	Not rated
Genworth Life Insurance Company	A+	AA-	Aa3	AA-
Genworth Life Insurance Company (short term rating)	Not rated	A-1+	P-1	Not rated
Continental Life Insurance Company of Brentwood, Tennessee	A	Not rated	Not rated	Not rated

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

Company	S&P rating	Moody’s rating	Fitch rating
Genworth Mortgage Insurance Corporation	AA	Aa2	AA
Genworth Financial Mortgage Insurance Pty. Limited	AA	Aa2	AA
Genworth Financial Mortgage Insurance Limited	AA	Aa2	AA
Genworth Residential Mortgage Insurance Corporation of NC	AA	Aa2	AA
Private Residential Mortgage Insurance Corporation	Not rated	Aa2	AA
Genworth Financial Mortgage Insurance Company Canada(1)	AA	Not rated	Not rated

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

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

A.M. Best states that its “A+” (Superior) rating is assigned to those companies that have, in its opinion, a superior ability to meet their ongoing obligations to policyholders. The “A+” (Superior) rating is the second-highest of fifteen ratings assigned by A.M. Best, which range from “A++” to “S”.

S&P states that an insurer rated “AA” (Very Strong) has very strong financial security characteristics that outweigh any vulnerabilities, and is highly likely to have the ability to meet financial commitments. The “AA” range is the second-highest of the four ratings ranges that meet these criteria, and also is the second-highest of nine financial strength rating ranges assigned by S&P, which range from “AAA” to “R.” A plus (+) or minus (-) shows relative standing in a rating category. Accordingly, the “AA” and “AA-” ratings are the third- and fourth-highest of S&P’s 20 ratings categories. The short-term “A-1” rating is the highest rating and shows the capacity to meet financial commitments is strong. Within this category, the designation of a plus sign (+) indicates capacity to meet its financial commitments is extremely strong.

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GENWORTH FINANCIAL, INC.

1Q 2007 FINANCIAL SUPPLEMENT

Industry Ratings (continued)

Moody’s states that insurance companies rated “Aa” (Excellent) offer excellent financial security. Moody’s states that companies in this group constitute what are generally known as high-grade companies. The “Aa” range is the second-highest of nine financial strength rating ranges assigned by Moody’s, which range from “Aaa” to “C.” Numeric modifiers are used to refer to the ranking within the group, with 1 being the highest and 3 being the lowest. Accordingly, the “Aa2” and “Aa3” ratings are the third- and fourth-highest of Moody’s 21 ratings categories. Short-term rating "P1" is the highest rating and shows superior ability for repayment of short-term debt obligations.

Fitch states that ‘‘AA’’ (Very Strong) rated insurance companies are viewed as possessing very strong capacity to meet policyholder and contract obligations. Risk factors are modest, and the impact of any adverse business and economic factors is expected to be very small. The ‘‘AA’’ rating category is the second-highest of eight financial strength rating categories, which range from ‘‘AAA’’ to ‘‘D.’’ The symbol (+) or (-) may be appended to a rating to indicate the relative position of a credit within a rating category. These suffixes are not added to ratings in the ‘‘AAA’’ category or to ratings below the ‘‘CCC’’ category. Accordingly, the ‘‘AA’’ and ‘‘AA-’’ ratings are the third- and fourth-highest of Fitch’s 24 ratings categories.

DBRS states that long-term debt rated AA is of superior credit quality, and protection of interest and principal is considered high. In many cases they differ from long-term debt rated AAA only to a small degree. Given the extremely restrictive definition DBRS has for the AAA category, entities rated AA are also considered to be strong credits, typically exemplifying above-average strength in key areas of consideration and unlikely to be significantly affected by reasonably foreseeable events.

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

On April 4, 2007, AM Best upgraded Continental Life Insurance Company from an “A-” to “A”. In addition, the outlook was changed from positive to stable.

About Genworth Financial

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

Inquiries:

Alicia Charity, 804-662-2248

alicia.charity@genworth.com

Linnea Olsen, 804-662-2536

linnea.olsen@genworth.com

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