Genworth MI Canada Inc. reported increased profitability in Q3 2013 compared to Q3 2012. Net operating income was up 12% to $91 million and operating EPS was up 15% to $0.94. Premiums written were $161 million, down 9% from last year due to slower housing activity. The loss ratio improved to 22% from 30% last year. The investment portfolio remains high quality at $5.3 billion with a pre-tax yield of 3.7%. The MCT ratio remains strong at 218% and the company repurchased $55 million in shares. Overall, the company demonstrated stable performance with improving underwriting results.

1. Genworth MI Canada Inc.
Third Quarter 2013
October 30, 2013

2. Forward-looking and non-IFRS statements
This presentation includes certain forward-looking statements. These forward-looking statements include, but are not limited to,
statements with respect to the Company’s future operating and financial results, expectations regarding premiums written, capital
expenditure plans, dividend policy and the ability to execute on its future operating, investing and financial strategies, and other
statements that are not historical facts. These forward-looking statements may be identified by their use of words such as “may,”
“would,” “could,” “will,” “expects,” “anticipates,” “contemplates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” or words of
similar meaning. These statements are based on the Company’s current assumptions, including assumptions regarding economic,
global, political, business, competitive, market and regulatory matters. These forward-looking statements are inherently subject to
significant risks, uncertainties and changes in circumstances, many of which are beyond the control of the Company. The
Company’s actual results may differ materially from those expressed or implied by such forward-looking statements, including as a
result of changes in the facts underlying the Company’s assumptions, and the other risks described in the Company’s Annual
Information Form dated March 29, 2013, its Short Form Base Shelf Prospectus dated May 31, 2012, the Prospectus Supplements
thereto and all documents incorporated by reference in such documents. Other than as required by applicable laws, the Company
undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information,
future developments or otherwise.
To supplement its financial statements, the Company uses select non-IFRSs financial measures. Non-IFRSs measures used by the
Company to analyze performance include underwriting ratios such as loss ratio, expense ratio and combined ratio, as well as other
performance measures such as net operating income and return on net operating income. The Company believes that these nonIFRSs financial measures provide meaningful supplemental information regarding its performance and may be useful to investors
because they allow for greater transparency with respect to key metrics used by management in its financial and operational
decision making. Non-IFRSs measures do not have standardized meanings and are unlikely to be comparable to any similar
measures presented by other companies. These measures are defined in the Company’s glossary, which is posted on the
Company’s website at http://investor.genworthmicanada.ca. A reconciliation from non-IFRSs financial measures to the most
readily comparable measures calculated in accordance with IFRSs can be found in the Company’s most recent financial statements,
which are posted on the Company’s website and are also available at www.sedar.com.
Genworth MI Canada Inc.
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Q32013 October 30, 2013

3. Income up 12%, EPS up 15% year-over-year
Q3 2013
Net operating income
Q3 2012
$91 million $81 million
Operating Return on equity
13%
$0.94
Operating earnings per share (diluted)
12%
$0.82
Book Value Per Share (diluted, including AOCI)
11% CAGR
$31.32
$30.94
Q1 2013
$30.62
Q22013
$31.82
$28.72
Q3 2012
Genworth MI Canada Inc.
Q4 2012
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Q32013 October 30, 2013

4. Strength across key metrics
Priority
Q3 2013 Result

Premiums written
$161 million of new premiums

Risk management
Loss ratio of 22%

Investments
$5.3 billion investment portfolio
Book yield of 3.7% (Sept 30/13)

Capital
218% MCT
Announced 9% dividend increase from $0.32 to $0.35 per share
Genworth MI Canada Inc.
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Q32013 October 30, 2013

5. Market themes
Drivers
Implications
Housing Market:
- Balanced
- Resales flat year -to-date
- Home prices up modestly
Premiums Written:
- Modest increase in high LTV mortgage
market in coming quarters
- Portfolio quality should remain strong
Unemployment:
- Stable around 7%
Losses on Claims:
- Losses trending below long term
pricing range
Interest Rates:
- Low rates supporting affordability
Investment Income:
- Stable investment yield
Consumer Confidence:
- Improving
Genworth MI Canada Inc.
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Q32013 October 30, 2013

6. Stable delinquencies quarter-over-quarter
Number of delinquencies &
Delinquency rate
Insurance
in-force
Sept 30
2013
June 30
2013
Sept 30
2012
Sept 30
2013
Ontario
461
453
573
46%
BC
311
318
341
15%
Alberta
284
301
475
16%
Quebec
463
451
548
14%
Other
259
255
246
9%
Total
1,778
1,778
2,183
100%
Delinquency rate
0.12%
0.12%
0.15%
* Delinquency rates are based on original insured loans in-force for which coverage term has not expired
19% decline in delinquencies over prior year
Genworth MI Canada Inc.
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7. Increased profitability
$ millions
Q3 2013
(except EPS and book value)
Net premiums written
Q2 2013 Q3 2012
$161
$137
$178
Premiums earned
143
143
147
Losses on claims
(32)
(35)
(44)
Underwriting income
84
82
77
Net investment income
(excluding gains/losses)
45
44
39
$91
$88
$81
$0.94
$0.89
$0.82
$31.82
$30.94
$28.72
Net operating income
Operating EPS (diluted)
Book value per share
(diluted and including AOCI)
Genworth MI Canada Inc.
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Q32013 October 30, 2013

8. Top line reflects typical seasonality
Premiums written
($millions)
11
10
18
2
11
3
160
99
Refinance
141
 Premiums from purchases down 12% yearover-year
26
3
17
3
Portfolio
 2012 regulatory changes to mortgage
lending led to slower real estate activity in
H1 2013
108
71
Purchase
3Q'12
4Q'12
1Q'13
2Q'13
3Q'13
Gross PW
181
119
84
137
161
Risk premium
(3)
(2)
-
-
-
$178
$117
$84
$137
 Selectively participated in portfolio
insurance
$161
Net PW
(PW represents premiums written)
$1.7 billion in unearned premiums
Genworth MI Canada Inc.
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Q32013 October 30, 2013

9. Trend of loss ratio improvement
($millions)
Underwriting profitability
Earned premium
$147
$147
$144
$143
Losses on
claims
44
46
44
35
32
Expenses
26
28
26
26
 Strong portfolio quality & stable
economic conditions positively
influencing loss performance
$143
27
Underwriting
profit
77
73
74
82
84
Q3'12
Q4'12
Q1'13
Q2'13
Q3'13
Loss ratio
30%
31%
31%
25%
22%
Expense ratio
18%
19%
18%
18%
19%
Combined
ratio
48%
50%
49%
43%
 Q3 loss ratio of 22%, improved by 8
points year-over-year
41%
Consistent underwriting profit
Genworth MI Canada Inc.
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Q32013 October 30, 2013

10. Investment portfolio remains high quality
 Balanced high quality portfolio
• Primarily fixed income
Cash
2%
• 51% federal & provincial bonds
Common Equity
4%
• 43% corporate
Total
$5.3 billion
• 94% of bonds ‘A’ or higher
Federal
35%
 $180 million positive mark-to-market
$ Billion
Corporates
43%
Portfolio
Assets (MV)
Pre-tax yield1
Provincial
16%
$5.3
3.7 %
Duration
3.8 years
1Pre-tax
equivalent book yield after dividend gross-up of general portfolio
(as at September 30, 2013)
Genworth MI Canada Inc.
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11. Strong capital position
Minimum Capital Test Ratio (MCT)
216%
17%
218%
31%
162%
216%
31%
33%
Buffer
170%
25%
185%
145%
2012
185%
Q1 2013
Q2 2013
Q3 2013
145%
2011
185%
Internal MCT ratio target
Repurchased $55 million common shares during quarter
Genworth MI Canada Inc.
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12. Core strengths
Proven business model
Disciplined execution
Strong risk focus
Capital flexibility
Solid financial foundation
Genworth MI Canada Inc.
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Q32013 October 30, 2013

13. Question and Answer
SAMANTHA CHEUNG
For further info:
VP INVESTOR RELATIONS
905 287 5482
samantha.cheung@genworth.com
www.genworth.ca
Genworth MI Canada Inc.
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Q32013 October 30, 2013