Genworth MI Canada Inc. reported its third quarter 2016 results. Key highlights included: - Premiums written decreased 10% quarter-over-quarter and 14% year-over-year due to lower transactional insurance volumes. - The loss ratio increased to 25% due to a rise in new delinquencies primarily in oil-producing regions of Alberta and Quebec. - Net operating income decreased 6% quarter-over-quarter primarily due to higher losses on claims, though it was up 1% year-over-year.

1. 1Genworth MI Canada Inc.Q3 2016 Results
November 4th, 2016
Third Quarter 2016 Results

2. 2Genworth MI Canada Inc.Q3 2016 Results
Forward-looking and
non-IFRS statements
DRIVING VALUE THROUGH CUSTOMIZED SERVICE EXPERIENCE
Public communications, including oral or written communications such as this document, relating to Genworth MI Canada Inc. (the
“Company”, “Genworth Canada” or “MIC”) often contain 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, losses on claims and investment income, the Canadian housing market, 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,”
“intend”, “plan”, “anticipate”, “believe”, “seek”, “propose”, “estimate”, “expect”, and similar expressions. 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 most recently issued Annual Information Form,
Management’s Discussion and Analysis, its Short Form Base Shelf Prospectus dated June 18, 2014, the Prospectus Supplements
thereto, and all documents incorporated by reference in such documents. Management’s current views regarding the Company’s
financial outlook are stated as of the date hereof and may not be appropriate for other purposes. 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-IFRS financial measures. Non-IFRS financial measures
include net operating income, interest and dividend income (net of investment expenses), operating earnings per common share
(basic), operating earnings per common share (diluted), shareholders’ equity excluding accumulated other comprehensive income
(“AOCI”), operating return on equity and underwriting ratios such as loss ratio, expense ratio, combined ratio, cures and effective tax
rate. The Company believes that these non-IFRS 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-IFRS 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-IFRS
financial measures to the most readily comparable measures calculated in accordance with IFRS, where applicable can be found in
the Company’s most recent management’s discussion and analysis, which is posted on the Company’s website and is also available
at www.sedar.com.

3. 3Genworth MI Canada Inc.Q3 2016 Results
$1.00
$1.03
$0.99
$1.07
$1.02
Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016
Q3 2016 financial results
$MM except
ROE, EPS &
MCT
Q3
2016
Q2
2016
Q3
2015
Q/Q Y / Y
Premiums
written
$223 $249 $260 -10% -14%
Loss ratio 25% 21% 21% +4 pts +4 pts
Net Operating
Income
$93 $99 $92 -6% +1%
Operating ROE 11% 12% 12% -1% -1%
Operating EPS
(dil.)
$1.02 $1.07 $1.00 -6% +2%
MCT1 236% 233% 228% +3 pt +8 pts
Q3 key highlights
• Increased quarterly dividend by 5% to $0.44 per common
share
• Premiums written decreased Q/Q due to lower portfolio
insurance volumes, partly offset by premiums from
transactional insurance
• Loss ratio rose to 25%, due to an increase in new
delinquencies, primarily from oil-producing regions
• Op. income down 6% Q/Q, due to higher losses on claims,
partly offset by higher premiums earned
• Ongoing capital strength with MCT ratio of 236%1
Operating EPS (diluted) Book Value Per Share (diluted, incl. AOCI)
$36.14 $36.82 $37.23
$38.23 $39.01
Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016
+8%
YoY
1. Q3 2016 MCT company estimate. MCT denotes ratio for operating insurance company.
2. Company sources.

4. 4Genworth MI Canada Inc.Q3 2016 Results
$26 $18
$22
$78$24
$22
$32
2015 YTD Q3'16
Top line
$3.9 $3.4 $5.9 $4.5
$6.8 $5.8
$4.1
$25.9
$8.3
$6.9 $6.1
$6.5
$6.2 $9.6
2015 YTD Q3'16 2015 YTD Q3'16
New insurance written ($ billions) Premiums written ($ millions)
Note: Company sources.
$25.2 $25.7
Q1
Q2
Q3
Q4
Q3 Highlights
• Transactional NIW decreased, largely due to targeted underwriting changes implemented in the prior year,
and a smaller transactional insurance market size
• Transactional premiums written impacted by smaller volumes, partially offset by a higher average premium
rate
• Lower portfolio insurance average premium rate due to lower LTVs and higher credit quality
Transactional Portfolio
$104 $99
$183 $170
$236
$201
$181
2015 YTD Q3'16
$705
Q1
Q2
Q3
Q4
Transactional Portfolio
Average premium rate
2.79% 2.93%
$16.1
$37.0
$470
$118
Average premium rate
0.40% 0.32%
$104

5. 5Genworth MI Canada Inc.Q3 2016 Results
New mortgage rules
NEW MORTGAGE RULES DRIVE HIGHER QUALITY BUT SMALLER MARKET SIZE
High Loan-to-Value Low Loan-to-Value
Effective October 17, 2016, for
new originations:
Product
• GDS/TDS of 39% & 44%
calculated using greater of
contract rate or the Bank of
Canada conventional five-
year posted rate
• As of September 28, 2016 the
Bank of Canada posted rate
was 4.64%
Effective November 30, 2016, for new originations:
Product
• GDS/TDS of 39% & 44% calculated using greater of contract
rate or the Bank of Canada conventional five-year posted rate
• Purchases and renewals … refinances ineligible
• Max. 25 year amortization
• Property value < $1,000,000
• Min. credit score of 600 at time loan is approved (subject to a
3% exception bucket by lender)
• Owner-occupied & 2-4 unit rentals
Transactional market size
expected to decrease by
15% to 25% in 2017
Portfolio insured volumes expected to decrease by 25% to 35%
of “normalized” volumes (post July 1, 2016 regulatory changes)
Low LTV
loans subject
to similar
high LTV
eligibility
criteria,
starting
Nov. 30th
Grandfathering provisions
• Loans with a binding offer
dated prior to Oct. 17 are
exempt from new mortgage
rules
Grandfathering provisions
• Loans with a binding offer dated prior to Oct. 17 (or between Oct. 17-Nov. 29
that close prior to May 1, 2017) are exempt from new mortgage rules
• Grandfathered loans submitted for portfolio insurance after Nov. 30, 2016 will
continue to be eligible under the old parameters

6. 6Genworth MI Canada Inc.Q3 2016 Results
National median price stable
with regional variances
High portfolio quality
Note: Company sources for transactional new insurance written.
Highlights
Steady credit score
improvement year-over-year
New mortgage eligibility
rules would have
impacted 16% of
borrowers (YTD ’16)
with respect to GDS
minimum of 39%
Credit score Gross debt service ratio distribution (%)Median home price (In ‘$000s)
$225
$232
$240
$255
$270
$275
$280
$291
$295
$297
'07
'08
'09
'10
'11
'12
'13
'14
'15
YTD'16
16%
3%
716
752
'07
'08
'09
'10
'11
'12
'13
'14
'15
YTD'16
% Score <660 (R) Avg score (L)
91 90 89
71
9 10 11
13
7
'14 '15 YTD'16 YTD'16
@4.64%*
<=35 >35 to <=39 >39 to <=41
>41 to <=43 >43
16%
* Note: ‘14, ‘15, and YTD ’16 based on contract rate. YTD ’16 @ 4.64% represents
borrowers who would be qualifying at the higher of the contract rate and posted rate.
WHILE GDS & TDS RESTRICTIONS IMPACTED ~33% OF 2016 YTD BORROWERS, WE EXPECT
BORROWERS TO ADAPT BEHAVIOUR, THEREBY LIMITING TRANSACTIONAL MARKET SIZE IMPACT

7. 7Genworth MI Canada Inc.Q3 2016 Results
366 385 383 349 331
203 181 187 166 163
257 303
424 467
617
578
624
656
578
504
198
204
222
212
211
113
132
162
189
201
Q3'15 Q4'15 Q1'16 Q2'16 Q3'16
1,715
1,829
2,034
1,961
2,027
Delinquency trends
Ontario
BC2
Alberta
Quebec
Atlantic
Prairies1
Based on reported outstanding balances
Delinquency Rates3 Q4’15 Q1’16 Q2’16 Q3’164
Transactional 0.31% 0.34% 0.33% n.a.
Portfolio 0.08% 0.09% 0.06% n.a.
Total 0.21% 0.23% 0.20% n.a.
Company sources. 1 Prairies include MB and SK. 2 BC includes the Territories. 3 Delinquency rates are based on outstanding insured mortgage balances as at the end of the
quarter and exclude delinquencies that have been incurred but not reported. 4 Outstanding insured mortgage balances are reported on a one quarter lag.
• Increased net new delinquencies,
primarily in oil-producing regions
• 2016 full year loss ratio range
remains: 25 – 35%
New delinquencies, net of cures, by region
Ontario
Pacific2
Alberta
Quebec
Atlantic
Prairies1
Total
Delinquencies outstanding
Total
105 96 77
36 42
42
31
40
17 25
75 89
183
125
234
116 156
138
63
93
76
82
92
59
6626
33
38
52
33
Q3'15 Q4'15 Q1'16 Q2'16 Q3'16
440
487
568
352
493
Loss ratio 21% 23% 24% 21% 25%
QoQ
∆
+141
-19
+7
+30
+109
+8
+6

8. 8Genworth MI Canada Inc.Q3 2016 Results
Solid financial performance
$MM except EPS & BVPS Q3’16 Q2’16 Q3’15
Transactional premiums written $201 $170 $236
Portfolio premiums written 22 78 24
Total premiums written $223 $249 $260
Premiums earned 162 158 148
Losses on claims (41) (32) (31)
Expenses (33) (30) (28)
Underwriting income $88 $95 $89
Net investment income
(excl. realized gains / losses)
44 44 42
Net operating income $93 $99 $92
Operating EPS
(diluted)
$1.02 $1.07 $1.00
Book value per share
(diluted, incl. AOCI)
$39.01 $38.23 $36.14
Q3 highlights
• Transactional premiums written lower by
15% Y/Y, primarily due to lower volumes,
partially offset by a higher average
premium rate
• Premiums earned increased Q/Q by $4
million as expected
• Loss ratio of 25%, up 4 pts Q/Q on higher
new delinquencies, net of cures and a
modest increase in the average reserve per
delinquency primarily related to Alberta
• Net investment income flat Q/Q at $44
million
• Net operating income down $5 million Q/Q
primarily due to higher losses on claims,
partly offset by higher premiums earned
• Book value per share up 8% Y/Y to $39.01
Company sources. Note: Amounts may not total due to rounding.

9. 9Genworth MI Canada Inc.Q3 2016 Results
Solid underwriting profitability
89 90 88 95 88
28 27 28
30
33
31 35 37
32 41
Q3' 15 Q4' 15 Q1' 16 Q2' 16 Q3' 16
Underwriting profitability ($ millions)
Net underwriting
income
Expenses
Losses on claims
Loss ratio 21% 23% 24% 21% 25%
Expense ratio 19% 18% 19% 19% 20%
Combined
ratio
40% 41% 42% 40% 45%
Avg. reserve
per delq. ($000s)
$70.4 $71.9 $70.9 $75.4 $79.5
New delqs.
net of cures
440 487 568 352 493
Premiums earned $158$148 $151 $154 $162
Highlights
• Single up-front premium model provides visibility
into future premiums earned:
• Eight consecutive quarters of Q/Q
increases… higher level of premiums written
in last three years driving trend of increased
premiums earned
• Flat to modest Q/Q increases in premiums
earned expected for next 12 months
• YTD loss ratio at 23%; 2016 full year range
remains 25% to 35%
• New delinquencies net of cures increased by
Q/Q by in Alberta (109) and Quebec (30)
• Average reserve per delinquency increased
modestly primarily due to higher Alberta mix
Company sources.

10. 10Genworth MI Canada Inc.Q3 2016 Results
Federals
Provincials
Preferred shares
Emerging markets debt3
Investment grade
corporates2
Cash4
32%
16%
35%
6%
6%
5%
Investments contribute steady
income
Duration: 3.8 years
Book yield: 3.2%1
Invested assets
(C$ millions, unless noted)
Note: Company sources.
1. Represents market value. Book yield represents pre-tax equivalent book yield after dividend gross-up of portfolio (as at September 30, 2016).
2. Market value, includes CLOs. 3. ~99% Investment grade. 4. Cash includes short-term investments. 5. Excludes realized and unrealized gains and losses.
Total Invested Assets ($6.2B portfolio1) Net Investment Income ($ millions)5
$5,917
$5,867
MAINTAINING QUALITY FOCUS IN LOW RATE ENVIRONMENT ... SELECTIVELY ADDING
INVESTMENT GRADE PREFERRED SHARES WITH ATTRACTIVE YIELD
$104 million of
maturities in
Q4 2016
5,798 5,940
282
305
Q2 2016 Q3 2016
Book value
Net
unrealized
gain
$6.1B $6.2B
Investment
yield
3.3.% 3.2%
$42 $41
$42 $44
$42 $44
$44
2015 YTD Q3'16
Q1
Q2
Q3
Q4
$169
$130

11. 11Genworth MI Canada Inc.Q3 2016 Results
MCT ratio 236% 155% to 158%
Holding Target 220% n.a.
MCT Supervisory
Target
150% 150%
Holdco cash2
($ millions)
$181 $181
Capital management
Note: Company sources. 1. Market risk includes interest rate, credit, equity risk, and foreign exchange risk.
MCT denotes ratio for operating insurance company. 3Q16 MCT based on company estimates.
2. Represents liquid investments and cash held in addition to capital in operating insurance company.
Regulatory capital as at September 30th, 2016
(by category, $ millions unless otherwise noted)
Highlights
Increased dividend by 5% to $0.44 per
common share
New Capital framework expected to be
effective January 1, 2017
• Expect 220% Holding Target to be
re-calibrated to 150% MCT Supervisory
Target
• Awaiting confirmation of the Government
Guarantee MCT Minimum (previously
175% vs. 150% Supervisory target)
Transitional provision limits increase in
capital requirements for insurance risk on:
• Legacy extended amortization mortgages
(amortization > 25 years)
• Portfolio insured mortgages originated
prior to Dec. 31, 2016
For capital required for operational risk,
three year transition period expected
2,506
410
584
262
Current Advisory Pro-forma Draft Advisory
3,762
Insurance Risk
Market Risk1
Operational Risk
Capital in excess
of 220%
Capital in
excess of
150%

12. 12Genworth MI Canada Inc.Q3 2016 Results
Overview of new capital framework
• Unearned Premiums
Reserve
• Reserve for Incurred But
Not Reported Losses on
Claims
Premium
Liabilities
Triggered When Price to
Income Metric Exceeds
OSFI Prescribed
Threshold:
• Toronto
• Vancouver
• Calgary
• Edmonton
• Victoria
Supplemental
Requirement
More Risk Sensitive Based
on:
• Outstanding Balance
• Modified LTV
• Remaining Amortization
• Credit Score
Base
Requirement
Total Assets Required =
= Capital Required for Insurance Risk
+ -
CREATES APPROPRIATE PRICING INCENTIVE ... FOR EXAMPLE:
HIGHER PREMIUM RATE REDUCES CAPITAL REQUIREMENT

13. 13Genworth MI Canada Inc.Q3 2016 Results
New capital framework LTV illustration
Total Asset Requirement by LTV
(New vs. current framework, by LTV, 730 credit score at issue; $300k mortgage)
• Premium rate increases likely in 2017 in response to higher capital levels from proposed base and
supplementary requirement
Table above based on Sept. 23rd, 2016 OSFI draft advisory entitled “Capital Requirements for Federally Regulated Mortgage Insurers”.
* New Base Requirement and New Combined Base & Supplementary Requirement are shown at 150% MCT.
** Current Required Capital for insurance risk is calculated at 220% MCT.
Highlights

14. 14Genworth MI Canada Inc.Q3 2016 Results
Keen focus on risk management
Proactive loss mitigation
programs
Investing in our customer
experience strategy
Key takeaways
Proven
business model
has positioned
MIC for
future
performance
Balanced approach to writing
new business

15. 15Genworth MI Canada Inc.Q3 2016 Results
investor@genworth.cominvestor.genworthmicanada.ca
Investor Relations
Jonathan A. Pinto, MBA, LL.M
Vice President, Investor Relations
jonathan.pinto@genworth.com905.287.5482