Genworth Financial, Inc. (Genworth) is a financial security company dedicated to providing insurance, investment and financial solutions that help meet the homeownership, life security, wealth management and retirement security needs of more than 15 million customers, with a presence in more than 25 countries. As of December 31, 2007, the Company operated through three segments: Retirement and Protection, International and U.S. Mortgage Insurance. Retirement and Protection segment offers a variety of protection, wealth accumulation, retirement income and institutional products. Through the International segment the Company is a provider of mortgage insurance products in Canada, Australia, New Zealand, Mexico, Japan and multiple European countries. In the United States, the Company offers mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans, also known as flow mortgage insurance.
(Source: 10-K)
