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Genworth Financial's Lifestyle Protection Insurance Entities Rated "A-" by Standard and Poor's

London (ots/PRNewswire)

Standard and Poor's Ratings
Services ("S&P") has rated Genworth Financial's main Lifestyle
Protection Insurance entities "A-" following the completion of a
financial strength rating assessment. The ratings given to the two
UK-registered entities, Financial Insurance Company Limited and
Financial Assurance Company Limited, indicates that both have strong
financial security characteristics. The outlook on both companies is
stable.
The announcement by S&P, which is the first independent rating
sought by Genworth for the two entities, was awarded following a
comprehensive review of the competitive position, strategy, capital
strength, financial flexibility and risk management processes of the
Lifestyle Protection business.
Bob Brannock, President - Europe at Genworth Financial comments:
"We welcome the decision by S&P to rate our main Lifestyle Protection
Insurance entities "A-". In particular, we are pleased that, in their
announcement, S&P have recognised our very strong capitalization,
geographic diversification and competitive advantage through our IT
systems and locally-focussed teams."
"The fact that this rating has been achieved during one of the
harshest economic downturns is testament of our ability to manage
risk and maintain capital."
"As a specialist underwriter of life, health and unemployment
risk and  other covers, our products play a vital role in helping
consumers achieve  financial security through the economic cycle and
shouldering the burden  placed on government welfare systems. The new
rating from S&P demonstrates  that Genworth is the partner of choice
for these products."
The press release by Standard and Poor's can be accessed via
their homepage: http://www.standardandpoors.com
Genworth Financial, Inc. (NYSE:GNW) is a leading Fortune 500
global financial security company. Genworth has more than $100
billion in assets and employs approximately 6,000 people with a
presence in more than 25 countries. Its products and services help
meet the investment, protection, retirement and lifestyle needs of
more than 15 million customers. Genworth operates through three
segments: Retirement and Protection, U.S. Mortgage Insurance and
International. Its products and services are offered through
financial intermediaries, advisors, independent distributors and
sales specialists. Genworth Financial, which traces its roots back to
1871, became a public company in 2004 and is headquartered in
Richmond, Virginia. For more information, visit Genworth.com. From
time to time Genworth releases important information via postings on
its corporate website. Accordingly, investors and other interested
parties are encouraged to enrol to receive automatic email alerts and
Really Simple Syndication (RSS) feeds regarding new postings.
Enrolment information is found under the "Investors" section of
Genworth.com.
Lifestyle Protection Insurance is a family of products that help
borrowers and consumers maintain their lifestyle by allowing them to
make regular repayments on loans, mortgages and other financial
commitments in the event of unemployment, disability or an accident,
and clear outstanding balances in the event of death.
Contacts:
    Investors
    Alicia Charity, +1-804-662-2248;  alicia.charity@genworth.com
    Media
    Guy Genney, +44-208-380-3786;  guy.genney@genworth.com

Contact:

Contacts: Investors: Alicia Charity, +1-804-662-2248;
alicia.charity@genworth.com. Media: Guy Genney, +44-208-380-3786;
guy.genney@genworth.com.