2010 Q4 Form 8-K Financial Statement

#000119312512265990 Filed on June 11, 2012

View on sec.gov

Income Statement

Concept 2010 Q4 2010 Q3 2010 Q2
Revenue $2.591B $2.667B $2.410B
YoY Change 5.28% 11.54% -2.94%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $519.0M $472.0M $499.0M
YoY Change 3.18% -2.48% 9.43%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.00M $227.0M $179.0M
YoY Change -80.0% 58.74% -15.57%
% of Gross Profit
Operating Expenses $2.727B $2.413B $2.229B
YoY Change 20.03% 4.82% -8.01%
Operating Profit
YoY Change
Interest Expense -$119.0M -$114.0M -$109.0M
YoY Change 36.78% 18.75% -4.39%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$255.0M $140.0M $72.00M
YoY Change -350.0% -2100.0% -233.33%
Income Tax -$129.0M $18.00M -$5.000M
% Of Pretax Income 12.86% -6.94%
Net Earnings -$209.0M $76.00M $24.00M
YoY Change -622.5% 300.0% -148.0%
Net Earnings / Revenue -8.07% 2.85% 1.0%
Basic Earnings Per Share -$0.43 $0.15 $0.05
Diluted Earnings Per Share -$0.43 $0.15 $0.05
COMMON SHARES
Basic Shares Outstanding 489.6M shares 489.5M shares 489.1M shares
Diluted Shares Outstanding 489.6M shares 493.9M shares 494.2M shares

Balance Sheet

Concept 2010 Q4 2010 Q3 2010 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $3.094B $3.598B $4.586B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $1.032B
YoY Change -22.05%
Intangibles $744.0M
YoY Change
Long-Term Investments $68.44B $71.21B $67.21B
YoY Change 7.75% 14.91% 12.32%
Other Assets $0.00 $0.00
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $110.4B $114.7B $110.4B
YoY Change 2.01% 5.39% 5.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $730.0M $730.0M
YoY Change -100.0% -21.51% -21.51%
Total Short-Term Liabilities $730.0M $730.0M
YoY Change -21.51% -21.51%
LONG-TERM LIABILITIES
Long-Term Debt $8.883B $8.312B $8.293B
YoY Change 25.4% 20.46% 19.72%
Other Long-Term Liabilities $6.085B $6.949B $6.287B
YoY Change -3.38% 3.59% 8.64%
Total Long-Term Liabilities $14.97B $15.26B $14.58B
YoY Change 11.85% 12.15% 14.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $730.0M $730.0M
Total Long-Term Liabilities $14.97B $15.26B $14.58B
Total Liabilities $96.82B $99.70B $96.42B
YoY Change 0.95% 3.41% 1.65%
SHAREHOLDERS EQUITY
Retained Earnings $1.535B
YoY Change
Common Stock $1.000M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.700B
YoY Change
Treasury Stock Shares 88.00M shares
Shareholders Equity $12.45B $15.00B $13.93B
YoY Change
Total Liabilities & Shareholders Equity $110.4B $114.7B $110.4B
YoY Change 2.01% 5.39% 5.27%

Cashflow Statement

Concept 2010 Q4 2010 Q3 2010 Q2
OPERATING ACTIVITIES
Net Income -$209.0M $76.00M $24.00M
YoY Change -622.5% 300.0% -148.0%
Depreciation, Depletion And Amortization $36.00M $227.0M $179.0M
YoY Change -80.0% 58.74% -15.57%
Cash From Operating Activities $360.0M $419.0M $427.0M
YoY Change 367.53% -13.61% -27.13%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$127.0M -$965.0M $451.0M
YoY Change -91.89% -155.11% -172.86%
Cash From Investing Activities -$127.0M -$965.0M $451.0M
YoY Change -91.89% -155.11% -172.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -747.0M -522.0M 244.0M
YoY Change 14.92% -15.53% -113.28%
NET CHANGE
Cash From Operating Activities 360.0M 419.0M 427.0M
Cash From Investing Activities -127.0M -965.0M 451.0M
Cash From Financing Activities -747.0M -522.0M 244.0M
Net Change In Cash -514.0M -1.068B 1.122B
YoY Change -75.97% -166.01% -159.97%
FREE CASH FLOW
Cash From Operating Activities $360.0M $419.0M $427.0M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2011Q4 us-gaap Ratio Of Indebtedness To Net Capital
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CY2011Q4 us-gaap Supplementary Insurance Information Other Policy Claims And Benefits Payable
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CY2011Q4 us-gaap Derivative Lower Range Of Basis Spread On Variable Rate
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CY2011Q4 us-gaap Commitments And Contingencies
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CY2011Q4 us-gaap Securities Held As Collateral At Fair Value
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CY2011Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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CY2011Q4 us-gaap Liabilities Fair Value Disclosure
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CY2011Q4 gnw Fair Value Liabilities Measured On Recurring Basis Policyholder Account Balances
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CY2011Q4 gnw Minimum Loss Ratio Requirement To Hold Statutory Contingency Reserve
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CY2011Q4 gnw Commitment To Fund Limited Partnership Investments
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CY2009Q3 us-gaap Sale Of Stock Transaction Date
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2009-07-07
CY2009Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
44700000 shares
CY2011Q3 gnw Estimated Market Value Of Commons Shares Of Affiliate
EstimatedMarketValueOfCommonsSharesOfAffiliate
375000000
CY2009Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
55200000 shares
CY2009Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
622000000
CY2009Q3 gnw Common Stock Underwriters Option To Purchase Exercised
CommonStockUnderwritersOptionToPurchaseExercised
7200000 shares
CY2009 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
255000000
CY2009 us-gaap Ceded Premiums Written Life
CededPremiumsWrittenLife
287000000
CY2009 us-gaap Payments For Proceeds From Policy Loans
PaymentsForProceedsFromPolicyLoans
-431000000
CY2009 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-469000000
CY2009 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-39000000
CY2009 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
5808000000
CY2009 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
61000000
CY2009 us-gaap Deferred Policy Acquisition Costs Period Increase Decrease
DeferredPolicyAcquisitionCostsPeriodIncreaseDecrease
-476000000
CY2009 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-520000000
CY2009 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
-14000000
CY2009 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
820000000
CY2009 us-gaap Fees And Commissions
FeesAndCommissions
1058000000
CY2009 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
156000000
CY2009 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
84000000
CY2009 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaid
3454000000
CY2009 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
0.061 pure
CY2009 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
770000000
CY2009 us-gaap Supplementary Insurance Information Benefits Claims Losses And Settlement Expense
SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense
6850000000
CY2009 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
734000000
CY2009 us-gaap Revenues
Revenues
9069000000
CY2009 us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss Net Of Tax
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax
2721000000
CY2009 us-gaap Ceded Premiums Earned Property And Casualty
CededPremiumsEarnedPropertyAndCasualty
4000000
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.027 pure
CY2009 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
565000000
CY2009 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-84000000
CY2009 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-359000000
CY2009 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1931000000
CY2009 us-gaap Gain Loss On Investments
GainLossOnInvestments
-1041000000
CY2009 us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
1319000000
CY2009 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
-2000000
CY2009 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2846000000
CY2009 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
-580000000
CY2009 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
28000000
CY2009 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-27000000
CY2009 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.007 pure
CY2009 us-gaap Ceded Premiums Earned Life
CededPremiumsEarnedLife
266000000
CY2009 us-gaap Direct Premiums Earned Life
DirectPremiumsEarnedLife
1620000000
CY2009 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4105000000
CY2009 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-858000000
CY2009 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
226000000
CY2009 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-2000000
CY2009 us-gaap Share Based Compensation
ShareBasedCompensation
26000000
CY2009 us-gaap Ceded Premiums Written Property And Casualty
CededPremiumsWrittenPropertyAndCasualty
4000000
CY2009 us-gaap Assumed Premiums Earned Accident And Health
AssumedPremiumsEarnedAccidentAndHealth
464000000
CY2009 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.12
CY2009 us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
7975000000
CY2009 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
4379000000
CY2009 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
9869000000
CY2009 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
4000000
CY2009 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
-1000000
CY2009 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
3445000000
CY2009 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
180000000
CY2009 us-gaap Minority Interest Increase From Stock Issuance
MinorityInterestIncreaseFromStockIssuance
683000000
CY2009 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
1058000000
CY2009 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
200000000
CY2009 us-gaap Direct Premiums Written Life
DirectPremiumsWrittenLife
1567000000
CY2009 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims
4189000000
CY2009 us-gaap Assumed Premiums Written Life
AssumedPremiumsWrittenLife
9000000
CY2009 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.057 pure
CY2009 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3000000
CY2009 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
314000000
CY2009 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears
421000000
CY2009 us-gaap Effects Of Unrealized Holding Gain Loss On Present Value Of Future Insurance Profits
EffectsOfUnrealizedHoldingGainLossOnPresentValueOfFutureInsuranceProfits
46000000
CY2009 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-498000000
CY2009 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-359000000
CY2009 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
-76000000
CY2009 us-gaap Interest Expense
InterestExpense
393000000
CY2009 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears
2013000000
CY2009 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
5866000000
CY2009 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
10000000
CY2009 us-gaap Ceded Premiums Written Accident And Health
CededPremiumsWrittenAccidentAndHealth
447000000
CY2009 us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-669000000
CY2009 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
67000000
CY2009 us-gaap Premiums Written Net
PremiumsWrittenNet
5513000000
CY2009 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002 pure
CY2009 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
12000000
CY2009 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
55000000
CY2009 us-gaap Interest Accrual Rate Associated With Amortization Method Of Present Value Of Future Insurance Profits
InterestAccrualRateAssociatedWithAmortizationMethodOfPresentValueOfFutureInsuranceProfits
0.057 pure
CY2009 us-gaap Deferred Sales Inducements Amortization Expense
DeferredSalesInducementsAmortizationExpense
7000000
CY2009 us-gaap Net Income Loss
NetIncomeLoss
-504000000
CY2009 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-100000000
CY2009 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-119000000
CY2009 us-gaap Net Realized Or Unrealized Gain Loss On Trading Securities
NetRealizedOrUnrealizedGainLossOnTradingSecurities
22000000
CY2009 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1900000 shares
CY2009 us-gaap Finite Lived Intangible Assets Amortization Expense
FiniteLivedIntangibleAssetsAmortizationExpense
87000000
CY2009 us-gaap Allowance For Loan And Lease Losses Provision For Loss Gross
AllowanceForLoanAndLeaseLossesProvisionForLossGross
25000000
CY2009 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsCurrentYear
3768000000
CY2009 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
-94000000
CY2009 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-5000000
CY2009 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
27000000
CY2009 us-gaap Direct Premiums Written
DirectPremiumsWritten
5918000000
CY2009 us-gaap Net Investment Income
NetInvestmentIncome
3033000000
CY2009 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
CY2009 us-gaap Premiums Earned Net
PremiumsEarnedNet
6019000000
CY2009 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
622000000
CY2009 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.12
CY2009 us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax
-360000000
CY2009 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
1499000000
CY2009 us-gaap Operating Income Loss
OperatingIncomeLoss
145000000
CY2009 us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
2271000000
CY2009 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3002000000
CY2009 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear
1441000000
CY2009 us-gaap Present Value Of Future Insurance Profits Amortization Expense
PresentValueOfFutureInsuranceProfitsAmortizationExpense
67000000
CY2009 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
29000000
CY2009 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10000000
CY2009 us-gaap Direct Premiums Written Property And Casualty
DirectPremiumsWrittenPropertyAndCasualty
212000000
CY2009 us-gaap Supplementary Insurance Information Net Investment Income
SupplementaryInsuranceInformationNetInvestmentIncome
3033000000
CY2009 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
6000000
CY2009 us-gaap Direct Premiums Written Accident And Health
DirectPremiumsWrittenAccidentAndHealth
2724000000
CY2009 us-gaap Assumed Premiums Earned Life
AssumedPremiumsEarnedLife
20000000
CY2009 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
622000000
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm
6.0 Year
CY2009 us-gaap Assumed Premiums Written Accident And Health
AssumedPremiumsWrittenAccidentAndHealth
416000000
CY2009 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2115000000
CY2009 us-gaap Direct Premiums Earned Property And Casualty
DirectPremiumsEarnedPropertyAndCasualty
206000000
CY2009 us-gaap Supplementary Insurance Information Premium Revenue
SupplementaryInsuranceInformationPremiumRevenue
6019000000
CY2009 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2009 us-gaap Deferred Policy Acquisition Costs Additions
DeferredPolicyAcquisitionCostsAdditions
476000000
CY2009 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2326000000
CY2009 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
451100000 shares
CY2009 us-gaap Interest Credited To Policyholders Account Balances
InterestCreditedToPolicyholdersAccountBalances
984000000
CY2009 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
232000000
CY2009 us-gaap Present Value Of Future Insurance Profits Interest Accrued
PresentValueOfFutureInsuranceProfitsInterestAccrued
29000000
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.005 pure
CY2009 us-gaap Supplementary Insurance Information Amortization Of Deferred Policy Acquisition Costs
SupplementaryInsuranceInformationAmortizationOfDeferredPolicyAcquisitionCosts
482000000
CY2009 us-gaap Interest Paid
InterestPaid
327000000
CY2009 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
201000000
CY2009 us-gaap Increase Decrease In Collateral Held Under Securities Lending
IncreaseDecreaseInCollateralHeldUnderSecuritiesLending
-133000000
CY2009 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Sale Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSaleOfInterestByParent
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CY2009 us-gaap Reinsurance Premiums For Insurance Companies By Product Segment Percentage Of Amount Assumed To Net
ReinsurancePremiumsForInsuranceCompaniesByProductSegmentPercentageOfAmountAssumedToNet
0.10 pure
CY2009 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
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CY2009 us-gaap Supplementary Insurance Information Other Operating Expense
SupplementaryInsuranceInformationOtherOperatingExpense
2595000000
CY2009 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
207000000
CY2009 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets
6000000
CY2009 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3056000000
CY2009 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.484 pure
CY2009 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
21000000
CY2009 us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
710000000
CY2009 us-gaap Direct Premiums Earned Accident And Health
DirectPremiumsEarnedAccidentAndHealth
2872000000
CY2009 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
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CY2009 us-gaap Assumed Premiums Earned Property And Casualty
AssumedPremiumsEarnedPropertyAndCasualty
CY2009 us-gaap Ceded Premiums Written
CededPremiumsWritten
970000000
CY2009 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-620000000
CY2009 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
451100000 shares
CY2009 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
-51000000
CY2009 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2009 us-gaap Supplementary Insurance Information Premiums Written
SupplementaryInsuranceInformationPremiumsWritten
5513000000
CY2009 us-gaap Ceded Premiums Earned Accident And Health
CededPremiumsEarnedAccidentAndHealth
457000000
CY2009 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
298000000
CY2009 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
9927000000
CY2009 us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
2811000000
CY2009 us-gaap Assumed Premiums Written Property And Casualty
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CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.557 pure
CY2009 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
90000000
CY2009 us-gaap Profit Loss
ProfitLoss
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CY2009 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2009 gnw Short Term Borrowings And Other Net
ShortTermBorrowingsAndOtherNet
375000000
CY2009 gnw Other Realized Investment Gains Losses Net
OtherRealizedInvestmentGainsLossesNet
17000000
CY2009 gnw Stock Awards And Stock Options Exercise
StockAwardsAndStockOptionsExercise
23000000
CY2009 gnw Increase Decrease In Trading Securities And Derivative Instruments
IncreaseDecreaseInTradingSecuritiesAndDerivativeInstruments
59000000
CY2009 gnw Repayment And Repurchase Of Long Term Borrowings
RepaymentAndRepurchaseOfLongTermBorrowings
898000000
CY2009 gnw Amortization Of Deferred Acquisition Costs And Intangibles
AmortizationOfDeferredAcquisitionCostsAndIntangibles
569000000
CY2009 gnw Charges Assessed To Policyholders
ChargesAssessedToPolicyholders
442000000
CY2009 gnw Cumulative Effect Of Initial Adoption Of New Accounting Principle Aoci Unrealized Gain Loss On Investment Securities
CumulativeEffectOfInitialAdoptionOfNewAccountingPrincipleAOCIUnrealizedGainLossOnInvestmentSecurities
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CY2009 gnw Direct Premiums Earned
DirectPremiumsEarned
6394000000
CY2009 gnw Assumed Premiums Earned
AssumedPremiumsEarned
585000000
CY2009 gnw Ceded Premiums Earned
CededPremiumsEarned
960000000
CY2009 gnw Other Comprehensive Income Unrealized Holding Gain Loss On Adjustment To Dac Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAdjustmentToDACArisingDuringPeriodBeforeTax
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CY2009 gnw Other Comprehensive Income Unrealized Holding Gain Loss On Adjustment To Pvfp Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAdjustmentToPVFPArisingDuringPeriodBeforeTax
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CY2009 gnw Other Comprehensive Income Unrealized Holding Gain Loss On Adjustment To Sales Inducements Arising During Period Before Tax
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-20000000
CY2009 gnw Gain Loss On Sale Of Investments Net Of Taxes And Other Adjustments
GainLossOnSaleOfInvestmentsNetOfTaxesAndOtherAdjustments
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CY2009 gnw Gross Investment Income
GrossInvestmentIncome
3123000000
CY2009 gnw Basic Earnings Per Share Including Portion Attributable To Noncontrolling Interest
BasicEarningsPerShareIncludingPortionAttributableToNoncontrollingInterest
-0.98
CY2009 gnw Basic Earnings Per Share Attributable To Noncontrolling Interest
BasicEarningsPerShareAttributableToNoncontrollingInterest
-0.14
CY2009 gnw Diluted Earnings Per Share Including Portion Attributable To Noncontrolling Interest
DilutedEarningsPerShareIncludingPortionAttributableToNoncontrollingInterest
-0.98
CY2009 gnw Diluted Earnings Per Share Attributable To Noncontrolling Interest
DilutedEarningsPerShareAttributableToNoncontrollingInterest
-0.14
CY2009 gnw Increase Decrease In Earned Premiums Related To Premium Recognition Factors
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49000000
CY2009 gnw Deferred Policy Acquisition Costs Foreign Currency Translation Adjustment
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49000000
CY2009 gnw Deferred Policy Acquisition Cost Amortization Expense Net Of Interest Accretion
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CY2009 gnw Cumulative Effect Adjustment To Deferred Policy Acquisition Costs
CumulativeEffectAdjustmentToDeferredPolicyAcquisitionCosts
-26000000
CY2009 gnw Deferred Policy Acquisition Cost Other
DeferredPolicyAcquisitionCostOther
5000000
CY2009 gnw Weighted Average Number Of Diluted Shares If Not In Loss Position
WeightedAverageNumberOfDilutedSharesIfNotInLossPosition
453000000 shares
CY2009 gnw Fair Value Securities Sold At Loss During Period
FairValueSecuritiesSoldAtLossDuringPeriod
1513000000
CY2009 gnw Percentage Of Book Value For Securities Sold At Loss
PercentageOfBookValueForSecuritiesSoldAtLoss
0.88 pure
CY2009 gnw Investment Income Expenses And Fees
InvestmentIncomeExpensesAndFees
90000000
CY2009 gnw Commercial Mortgage Loans Gain Loss
CommercialMortgageLoansGainLoss
-28000000
CY2009 gnw Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net
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2401000000
CY2009 gnw Terminated Or De Designated Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
TerminatedOrDeDesignatedDerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-7000000
CY2009 gnw Cumulative Effect Adjustment To Present Value Of Future Insurance Profits
CumulativeEffectAdjustmentToPresentValueOfFutureInsuranceProfits
-7000000
CY2009 gnw Reinsurance Recoveries Recognized As Reduction Of Benefits And Other Changes In Reserves
ReinsuranceRecoveriesRecognizedAsReductionOfBenefitsAndOtherChangesInReserves
2485000000
CY2009 gnw Life Insurance In Force Direct
LifeInsuranceInForceDirect
676549000000
CY2009 gnw Life Insurance In Force Assumed From Other Companies
LifeInsuranceInForceAssumedFromOtherCompanies
1406000000
CY2009 gnw Life Insurance In Force Ceded To Other Companies
LifeInsuranceInForceCededToOtherCompanies
239960000000
CY2009 gnw Life Insurance In Force Net
LifeInsuranceInForceNet
437995000000
CY2009 gnw Percentage Of Life Insurance In Force Assumed To Net
PercentageOfLifeInsuranceInForceAssumedToNet
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CY2009 gnw Direct Premiums Written Mortgage Insurance
DirectPremiumsWrittenMortgageInsurance
1415000000
CY2009 gnw Assumed Premiums Written Mortgage Insurance
AssumedPremiumsWrittenMortgageInsurance
140000000
CY2009 gnw Ceded Premiums Written Mortgage Insurance
CededPremiumsWrittenMortgageInsurance
232000000
CY2009 gnw Direct Premiums Earned Mortgage Insurance
DirectPremiumsEarnedMortgageInsurance
1696000000
CY2009 gnw Assumed Premiums Earned Mortgage Insurance
AssumedPremiumsEarnedMortgageInsurance
101000000
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CY2010 gnw Direct Premiums Written Mortgage Insurance
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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2"><i>r) Unearned Premiums</i></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">For single premium insurance contracts, we recognize premiums over the policy life in accordance with the expected pattern of risk emergence. We recognize a portion of the revenue in premiums earned in the current period, while the remaining portion is deferred as unearned premiums and earned over time in accordance with the expected pattern of risk emergence. If single premium policies are cancelled and the premium is non-refundable, then the remaining unearned premium related to each cancelled policy is recognized to earned premiums upon notification of the cancellation. Expected pattern of risk emergence on which we base premium recognition is inherently judgmental and is based on actuarial analysis of historical experience. We periodically review our premium earnings recognition models with any adjustments to the estimates reflected in current period income. For the years ended December&#xA0;31, 2011, 2010 and 2009, we updated our premium recognition factors for our international mortgage insurance business. These updates included the consideration of recent and projected loss experience, policy cancellation experience and refinement of actuarial methods. In 2011, 2010 and 2009, adjustments associated with this update resulted in an increase in earned premiums of $46 million, $52 million and $49 million, respectively.</font></p> </div>
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<div> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The following table sets forth changes in the liability for policy and contract claims for the dates indicated:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="84%" align="center"> <tr> <td width="73%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom" nowrap="nowrap"> <p style="BORDER-BOTTOM: #000000 1px solid; WIDTH: 74pt"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>(Amounts in millions)</b></font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>2011<sup style="POSITION: relative; 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MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Net balance as of January&#xA0;1</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">5,279</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,798</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,868</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Incurred related to insured events of:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Current year</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,562</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,436</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,768</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Prior years</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">651</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">799</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">421</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Total incurred</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,213</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,235</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,189</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Paid related to insured events of:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Current year</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(1,238</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(1,217</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(1,441</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Prior years</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(2,379</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(2,669</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(2,013</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Total paid</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(3,617</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(3,886</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(3,454</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Interest on liability for policy and contract claims</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">136</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">121</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">121</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Foreign currency translation</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">11</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">95</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Other</font><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">&#xA0;</sup></font> <font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(28</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2014;&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(21</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Net balance as of December&#xA0;31</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">5,966</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">5,279</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,798</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Add reinsurance recoverables</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,654</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,654</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,769</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; 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LINE-HEIGHT: 8px; MARGIN-TOP: 0px; WIDTH: 10%; MARGIN-BOTTOM: 2px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup>&#xA0;</font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Current year reserves related to our U.S. Mortgage Insurance segment for the year ended December&#xA0;31, 2011 were reduced by loss mitigation activities of $95 million, including $88 million related to workouts, loan modifications and pre-sales, and $7 million related to rescissions, net of reinstatements. Loss mitigation actions related to prior year delinquencies resulted in a reduction of expected losses of $472 million to date, including $434 million related to workouts, loan modifications and pre-sales, and $38 million related to rescissions, net of reinstatements of $84 million.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup>&#xA0;</font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Current year reserves related to our U.S. Mortgage Insurance segment for the year ended December&#xA0;31, 2010 were reduced by loss mitigation activities of $194 million, including $186 million related to workouts, loan modifications and pre-sales, and $8 million related to rescissions, net of reinstatements. Loss mitigation actions related to prior year delinquencies resulted in a reduction of expected losses of $540 million to date, including $390 million related to workouts, loan modifications and pre-sales, and $150 million related to rescissions, net of reinstatements of $175 million.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup>&#xA0;</font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Current year reserves related to our U.S. Mortgage Insurance segment for the year ended December&#xA0;31, 2009 were reduced by loss mitigation activities of $382 million, including $232 million related to rescissions, net of reinstatements, and $150 million related to workouts, loan modifications and pre-sales. Prior year reserves related to our U.S. Mortgage Insurance segment for the year ended December&#xA0;31, 2009 were reduced by current year loss mitigation activities of $465 million, including $351 million related to rescissions, net of reinstatements, and $114 million related to workouts, loan modifications and pre-sales. Reinstatements were not material in 2009.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup>&#xA0;</font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">The amounts relate to the sale of our Medicare supplement insurance business in 2011 and one of our Mexican subsidiaries in 2009. 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CY2011 gnw Other Comprehensive Income Unrealized Holding Gain Loss On Adjustment To Sales Inducements Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAdjustmentToSalesInducementsArisingDuringPeriodBeforeTax
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CY2011 gnw Gain Loss On Sale Of Investments Net Of Taxes And Other Adjustments
GainLossOnSaleOfInvestmentsNetOfTaxesAndOtherAdjustments
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CY2011 gnw Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liabilities Change In Unrealized Gains Losses Still Held
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457000000
CY2011 gnw Gross Investment Income
GrossInvestmentIncome
3475000000
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BasicEarningsPerShareIncludingPortionAttributableToNoncontrollingInterest
0.38
CY2011 gnw Basic Earnings Per Share Attributable To Noncontrolling Interest
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0.38
CY2011 gnw Diluted Earnings Per Share Attributable To Noncontrolling Interest
DilutedEarningsPerShareAttributableToNoncontrollingInterest
-0.28
CY2011 gnw Maximum Period Of Time Equity Securities In Loss Position Before Impaired
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18 Month
CY2011 gnw Non Accrual Status Of Loans After Number Of Days Past Due
NonAccrualStatusOfLoansAfterNumberOfDaysPastDue
90 Day
CY2011 gnw Short Term Investments Determination For Original Maturities Of Investments Minimum Number Of Days
ShortTermInvestmentsDeterminationForOriginalMaturitiesOfInvestmentsMinimumNumberOfDays
90 Day
CY2011 gnw Fair Value Of Securities Reclassified To Trading Upon Electing Fair Value Option
FairValueOfSecuritiesReclassifiedToTradingUponElectingFairValueOption
407000000
CY2011 gnw Deferred Policy Acquisition Costs Foreign Currency Translation Adjustment
DeferredPolicyAcquisitionCostsForeignCurrencyTranslationAdjustment
-8000000
CY2011 gnw Increase Decrease In Earned Premiums Related To Premium Recognition Factors
IncreaseDecreaseInEarnedPremiumsRelatedToPremiumRecognitionFactors
46000000
CY2011 gnw Carrying Value Of Reporting Unit Before Impairment
CarryingValueOfReportingUnitBeforeImpairment
0
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DeferredPolicyAcquisitionCostAmortizationExpenseNetOfInterestAccretion
-460000000
CY2011 gnw Deferred Policy Acquisition Cost Other
DeferredPolicyAcquisitionCostOther
70000000
CY2011 gnw Fair Value Securities Sold At Loss During Period
FairValueSecuritiesSoldAtLossDuringPeriod
1884000000
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PercentageOfBookValueForSecuritiesSoldAtLoss
0.93 pure
CY2011 gnw Percentage Of Investment Portfolio By Which No Industry Group Exceeded
PercentageOfInvestmentPortfolioByWhichNoIndustryGroupExceeded
0.10 pure
CY2011 gnw Investment Income Expenses And Fees
InvestmentIncomeExpensesAndFees
95000000
CY2011 gnw Commercial Mortgage Loans Gain Loss
CommercialMortgageLoansGainLoss
6000000
CY2011 gnw Securitization Entities Gains Losses
SecuritizationEntitiesGainsLosses
-47000000
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNet
1551000000
CY2011 gnw Adjustment To Benefit Reserves
AdjustmentToBenefitReserves
-560000000
CY2011 gnw Cash Equivalents Determination For Original Maturities Of Investments Maximum Number Of Days
CashEquivalentsDeterminationForOriginalMaturitiesOfInvestmentsMaximumNumberOfDays
90 Day
CY2011 gnw Weighted Average Debt Service Coverage Ratio
WeightedAverageDebtServiceCoverageRatio
2.01 pure
CY2011 gnw Credit Derivative Recourse Provisions Amount
CreditDerivativeRecourseProvisionsAmount
54000000
CY2011 gnw Number Of Derivative Policies Additions
NumberOfDerivativePoliciesAdditions
701 pure
CY2011 gnw Number Of Derivative Policies Terminations
NumberOfDerivativePoliciesTerminations
2551 pure
CY2011 gnw Minimum Amount Of Risk Based Capital General Electric Capital Corporation Agreed To Maintain
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1.50 pure
CY2011 gnw Reinsurance Recoveries Recognized As Reduction Of Benefits And Other Changes In Reserves
ReinsuranceRecoveriesRecognizedAsReductionOfBenefitsAndOtherChangesInReserves
2492000000
CY2011 gnw Life Insurance In Force Direct
LifeInsuranceInForceDirect
719094000000
CY2011 gnw Life Insurance In Force Assumed From Other Companies
LifeInsuranceInForceAssumedFromOtherCompanies
1239000000
CY2011 gnw Life Insurance In Force Ceded To Other Companies
LifeInsuranceInForceCededToOtherCompanies
240019000000
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LifeInsuranceInForceNet
480314000000
CY2011 gnw Percentage Of Life Insurance In Force Assumed To Net
PercentageOfLifeInsuranceInForceAssumedToNet
pure
CY2011 gnw Direct Premiums Written Mortgage Insurance
DirectPremiumsWrittenMortgageInsurance
1618000000
CY2011 gnw Assumed Premiums Written Mortgage Insurance
AssumedPremiumsWrittenMortgageInsurance
23000000
CY2011 gnw Ceded Premiums Written Mortgage Insurance
CededPremiumsWrittenMortgageInsurance
145000000
CY2011 gnw Direct Premiums Earned Mortgage Insurance
DirectPremiumsEarnedMortgageInsurance
1723000000
CY2011 gnw Assumed Premiums Earned Mortgage Insurance
AssumedPremiumsEarnedMortgageInsurance
44000000
CY2011 gnw Ceded Premiums Earned Mortgage Insurance
CededPremiumsEarnedMortgageInsurance
140000000
CY2011 gnw Interest On Liability For Policy And Contract Claims
InterestOnLiabilityForPolicyAndContractClaims
136000000
CY2011 gnw Foreign Currency Translation Effect On Policy And Contract Claims Liability
ForeignCurrencyTranslationEffectOnPolicyAndContractClaimsLiability
-17000000
CY2011 gnw Right To Defer Payment Of Interest Under Certain Conditions During Any Period Of Up To Years
RightToDeferPaymentOfInterestUnderCertainConditionsDuringAnyPeriodOfUpToYears
10 Year
CY2011 gnw Interest Rate Reset Period Number Of Days
InterestRateResetPeriodNumberOfDays
28 Day
CY2011 gnw Effective Income Tax Rate Reconciliation Interest On Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationInterestOnUncertainTaxPositions
-0.001 pure
CY2011 gnw Total Noncash Transactions
TotalNoncashTransactions
-285000000
CY2011 gnw Level3 Minimum Impact
Level3MinimumImpact
0.10 pure
CY2011 gnw Period End Valuation
PeriodEndValuation
0 pure
CY2011 gnw Period Of Time When Statutory Contingency Reserve Has To Be Held
PeriodOfTimeWhenStatutoryContingencyReserveHasToBeHeld
10 Year
CY2011 gnw Risk To Capital Ratio Requirement Waiver Period Of Grant
RiskToCapitalRatioRequirementWaiverPeriodOfGrant
January 31, 2011
CY2011 gnw Risk To Capital Ratio Requirement Waiver Period Years
RiskToCapitalRatioRequirementWaiverPeriodYears
2 Year
CY2011 gnw Maximum Risk To Capital Ratio
MaximumRiskToCapitalRatio
25 pure
CY2010Q1 us-gaap Revenues
Revenues
2421000000
CY2010Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2010Q1 us-gaap Net Income Loss
NetIncomeLoss
161000000
CY2010Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2010Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
488800000 shares
CY2010Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
493500000 shares
CY2010Q1 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2332000000
CY2010Q1 us-gaap Profit Loss
ProfitLoss
195000000
CY2010Q1 gnw Tax Benefit Related To Separation From Former Parent
TaxBenefitRelatedToSeparationFromFormerParent
106000000
CY2011Q1 us-gaap Revenues
Revenues
2568000000
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
59000000
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2011Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
490100000 shares
CY2011Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
494400000 shares
CY2011Q1 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2455000000
CY2011Q1 us-gaap Profit Loss
ProfitLoss
93000000
CY2010Q2 us-gaap Revenues
Revenues
2410000000
CY2010Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2010Q2 us-gaap Net Income Loss
NetIncomeLoss
24000000
CY2010Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2010Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
489100000 shares
CY2010Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
494200000 shares
CY2010Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2362000000
CY2010Q2 us-gaap Profit Loss
ProfitLoss
59000000
CY2011Q2 us-gaap Revenues
Revenues
2655000000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
-136000000
CY2011Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3700000 shares
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
490600000 shares
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
490600000 shares
CY2011Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2760000000
CY2011Q2 us-gaap Profit Loss
ProfitLoss
-100000000
CY2011Q2 gnw Weighted Average Number Of Diluted Shares If Not In Loss Position
WeightedAverageNumberOfDilutedSharesIfNotInLossPosition
494300000 shares
CY2012Q1 gnw Loss On Repurchase Of Secured Debt And Reinsurance Transaction
LossOnRepurchaseOfSecuredDebtAndReinsuranceTransaction
40000000
CY2010Q3 us-gaap Revenues
Revenues
2667000000
CY2010Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2010Q3 us-gaap Net Income Loss
NetIncomeLoss
76000000
CY2010Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2010Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
489500000 shares
CY2010Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
493900000 shares
CY2010Q3 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2548000000
CY2010Q3 us-gaap Profit Loss
ProfitLoss
115000000
CY2011Q3 us-gaap Revenues
Revenues
2521000000
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
-16000000
CY2011Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000 shares
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
490800000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
490800000 shares
CY2011Q3 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2508000000
CY2011Q3 us-gaap Profit Loss
ProfitLoss
20000000
CY2011Q3 gnw Weighted Average Number Of Diluted Shares If Not In Loss Position
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492500000 shares
CY2010Q4 us-gaap Revenues
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2591000000
CY2010Q4 us-gaap Earnings Per Share Diluted
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-0.43
CY2010Q4 us-gaap Net Income Loss
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-209000000
CY2010Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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4400000 shares
CY2010Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
CY2010Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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489600000 shares
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489600000 shares
CY2010Q4 us-gaap Benefits Losses And Expenses
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2900000000
CY2010Q4 us-gaap Profit Loss
ProfitLoss
-174000000
CY2010Q4 gnw Weighted Average Number Of Diluted Shares If Not In Loss Position
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494000000 shares
CY2011Q4 us-gaap Revenues
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2624000000
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EarningsPerShareDiluted
0.29
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NetIncomeLoss
142000000
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2011Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
490900000 shares
CY2011Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
492700000 shares
CY2011Q4 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2439000000
CY2011Q4 us-gaap Profit Loss
ProfitLoss
175000000

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