false2020Q20001276520--12-31GENWORTH FINANCIAL, INC.May not total due to whole number calculation.See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).Included $1 million of accruals on derivatives classified as other assets as of December 31, 2019 and does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019.Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.Does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019.Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy.These financial instruments do not have notional amounts.We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary, who has the option to redeem the notes at face value beginning on July 3, 2020, subject to the Australian Prudential Regulation Authority’s (“APRA”) prior written approval.Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities.Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.Represents the embedded derivatives associated with our fixed index annuity liabilities.Represents the embedded derivatives associated with our indexed universal life liabilities.The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities.Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.For the three months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(4) and $(3) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $32 million and $—, respectively. For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(15) million and $(5) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $6 million in both periods.Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.See note 5 for additional information.Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.Interest on debt assumed by Brookfield and interest on debt that was repaid as a result of the sale of Genworth Canada was allocated and reported in discontinued operations. A senior secured term loan facility (“Term Loan”), owed by Genworth Holdings and secured by GFIH’s ownership interest in Genworth Canada’s outstanding common shares, was repaid in connection with the close of the Genworth Canada sale. Accordingly, interest expense related to the Term Loan of $8 million and $16 million for the three and six months ended June 30, 2019, respectively, was allocated and reported in discontinued operations.The three and six months ended June 30, 2019 includes pre-tax income from discontinued operations available to Genworth Financial, Inc.’s common stockholders of $55 million and $111 million, respectively.Excludes foreign exchange.For the three and six months ended June 30, 2020, goodwill impairment was adjusted for the portion attributable to noncontrolling interests of $2 million.Unobservable inputs weighted by the relative fair value of the associated instrument for fixed maturity securities and by notional for derivative assets. 0001276520 2020-04-01 2020-06-30 0001276520 2019-04-01 2019-06-30 0001276520 2020-01-01 2020-06-30 0001276520 2019-01-01 2019-06-30 0001276520 2020-06-30 0001276520 2019-12-31 0001276520 2019-01-01 2019-12-31 0001276520 2019-06-30 0001276520 2020-07-27 0001276520 2019-09-01 2019-09-11 0001276520 2020-03-31 0001276520 2019-03-31 0001276520 2018-12-31 0001276520 srt:RetailSiteMember 2020-06-30 0001276520 srt:IndustrialPropertyMember 2020-06-30 0001276520 srt:OfficeBuildingMember 2020-06-30 0001276520 srt:ApartmentBuildingMember 2020-06-30 0001276520 gnw:MixedUseMember 2020-06-30 0001276520 srt:OtherPropertyMember 2020-06-30 0001276520 us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:SouthAtlanticMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:PacificMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:MiddleAtlanticMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:MountainMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:WestNorthCentralMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:EastNorthCentralMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:WestSouthCentralMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:NewEnglandMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:EastSouthCentralMember us-gaap:CommercialLoanMember 2020-06-30 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:RetailSiteMember 2020-06-30 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:RetailSiteMember 2020-06-30 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:RetailSiteMember 2020-06-30 0001276520 gnw:PastDueMember srt:RetailSiteMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:CurrentMember 2020-06-30 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:IndustrialPropertyMember 2020-06-30 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:IndustrialPropertyMember 2020-06-30 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:IndustrialPropertyMember 2020-06-30 0001276520 gnw:PastDueMember srt:IndustrialPropertyMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:CurrentMember 2020-06-30 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:OfficeBuildingMember 2020-06-30 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:OfficeBuildingMember 2020-06-30 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:OfficeBuildingMember 2020-06-30 0001276520 gnw:PastDueMember srt:OfficeBuildingMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:CurrentMember 2020-06-30 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:ApartmentBuildingMember 2020-06-30 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:ApartmentBuildingMember 2020-06-30 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:ApartmentBuildingMember 2020-06-30 0001276520 gnw:PastDueMember srt:ApartmentBuildingMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:CurrentMember 2020-06-30 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember gnw:MixedUseMember 2020-06-30 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember gnw:MixedUseMember 2020-06-30 0001276520 gnw:GreaterThanNinetyDaysPastDueMember gnw:MixedUseMember 2020-06-30 0001276520 gnw:PastDueMember gnw:MixedUseMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:CurrentMember 2020-06-30 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:OtherPropertyMember 2020-06-30 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:OtherPropertyMember 2020-06-30 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:OtherPropertyMember 2020-06-30 0001276520 gnw:PastDueMember srt:OtherPropertyMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:CurrentMember 2020-06-30 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember 2020-06-30 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember 2020-06-30 0001276520 gnw:GreaterThanNinetyDaysPastDueMember 2020-06-30 0001276520 gnw:PastDueMember 2020-06-30 0001276520 gnw:CurrentMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:LessThanOneMember gnw:MixedUseMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:LessThanOneMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:OneToOnePointTwoFiveMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointTwoSixToOnePointFiveZeroMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointFiveOneToTwoMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanTwoMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 srt:RetailSiteMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 srt:IndustrialPropertyMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 srt:OfficeBuildingMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 srt:ApartmentBuildingMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:MixedUseMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 srt:OtherPropertyMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:EnergyMember gnw:NetAssetValueMember 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember gnw:NetAssetValueMember 2020-06-30 0001276520 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:UtilitiesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member gnw:UtilitiesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:UtilitiesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member gnw:UtilitiesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember gnw:UtilitiesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:EnergyMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member gnw:EnergyMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:EnergyMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member gnw:EnergyMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member gnw:IndustrialMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:IndustrialMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member gnw:IndustrialMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember gnw:IndustrialMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:TransportationMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member gnw:TransportationMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:TransportationMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member gnw:TransportationMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember gnw:TransportationMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:NetAssetValueMember 2020-06-30 0001276520 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2020-06-30 0001276520 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember gnw:ThirdpartyPricingServicesMember 2020-06-30 0001276520 gnw:UnionFidelityLifeInsuranceCompanyMember us-gaap:ReinsurerConcentrationRiskMember 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:OtherLiabilitiesMember us-gaap:ForeignExchangeContractMember 2020-06-30 0001276520 us-gaap:OtherLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 us-gaap:OtherLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:OtherLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:OtherLiabilitiesMember 2020-06-30 0001276520 us-gaap:OtherLiabilitiesMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 us-gaap:OtherLiabilitiesMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:OtherLiabilitiesMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember gnw:BrokerQuotesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember gnw:InternalValuationModelMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember gnw:InternalValuationModelMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember gnw:InternalValuationModelMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember gnw:InternalValuationModelMember us-gaap:ForeignCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:SubjectToMasterNettingArrangementMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2020-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember 2020-06-30 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember 2020-06-30 0001276520 gnw:CommitmentstoFundUSCommercialMortgageLoanInvestmentsMember 2020-06-30 0001276520 gnw:CommitmentsToFundPrivatePlacementInvestmentsMember 2020-06-30 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember gnw:NetAssetValueMember 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember gnw:NetAssetValueMember 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember gnw:NetAssetValueMember 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember gnw:NetAssetValueMember 2020-06-30 0001276520 us-gaap:OtherInvestmentsMember 2020-06-30 0001276520 us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:OtherInvestmentsMember gnw:NetAssetValueMember 2020-06-30 0001276520 us-gaap:ReinsuranceRecoverableMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:ReinsuranceRecoverableMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember us-gaap:FairValueInputsLevel2Member us-gaap:ReinsuranceRecoverableMember 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember us-gaap:FairValueInputsLevel3Member us-gaap:ReinsuranceRecoverableMember 2020-06-30 0001276520 us-gaap:ReinsuranceRecoverableMember gnw:NetAssetValueMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2020-06-30 0001276520 us-gaap:DerivativeFinancialInstrumentsLiabilitiesMember gnw:SubjectToMasterNettingArrangementMember 2020-06-30 0001276520 gnw:SubjectToMasterNettingArrangementMember 2020-06-30 0001276520 gnw:SeniorNotesTwentyTwentyOneMember gnw:GenworthHoldingsMember 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember gnw:LessThanTwentyPercentBelowCostMember 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember gnw:TwentyToFiftyPercentBelowCostMember 2020-06-30 0001276520 gnw:GreaterThanFiftyPercentBelowCostMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 us-gaap:ExternalCreditRatingInvestmentGradeMember 2020-06-30 0001276520 us-gaap:ExternalCreditRatingNonInvestmentGradeMember 2020-06-30 0001276520 gnw:FloatingRateJuniorSubordinatedNotesDueTwoThousandTwentyFiveMember gnw:GenworthFinancialMortgageInsurancePtyLimitedMember 2020-06-30 0001276520 gnw:SevenPointSevenPercentSeniorNotesDueTwoThousandAndTwentyMember gnw:GenworthHoldingsMember 2020-06-30 0001276520 gnw:SevenPointTwoPercentSeniorNotesDueTwoThousandAndTwentyOneMember gnw:GenworthHoldingsMember 2020-06-30 0001276520 gnw:SevenPointSixTwoFivePercentSeniorNotesDueTwoThousandAndTwentyOneMember gnw:GenworthHoldingsMember 2020-06-30 0001276520 gnw:FourPointNinetyPercentSeniorNotesDueTwoThousandAndTwentyThreeMember gnw:GenworthHoldingsMember 2020-06-30 0001276520 gnw:FourPointEightZeroPercentSeniorNotesDueTwoThousandTwentyFourMember gnw:GenworthHoldingsMember 2020-06-30 0001276520 gnw:SixPointFiveSeniorNotesDueTwoThousandThirtyFourMember gnw:GenworthHoldingsMember 2020-06-30 0001276520 gnw:FloatingRateJuniorSubordinatedNotesDueTwoThousandAndSixtySixMember gnw:GenworthHoldingsMember 2020-06-30 0001276520 gnw:GenworthHoldingsMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember gnw:OtherAssetBackedSecuritiesMember 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember gnw:ThirdpartyPricingServicesMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 us-gaap:CorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-06-30 0001276520 gnw:GenworthFinancialMortgageInsurancePtyLimitedMember 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:CashFlowHedgingMember 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:CashFlowHedgingMember 2020-06-30 0001276520 us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-06-30 0001276520 us-gaap:DesignatedAsHedgingInstrumentMember 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:FutureMember us-gaap:OtherInvestmentsMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember us-gaap:NondesignatedMember 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember us-gaap:ReinsuranceRecoverableMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:OtherAssetsMember us-gaap:NondesignatedMember 2020-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:ReinsuranceRecoverableMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:NondesignatedMember 2020-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember gnw:PolicyholderAccountBalancesMember us-gaap:NondesignatedMember 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherLiabilitiesMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:FutureMember us-gaap:OtherLiabilitiesMember us-gaap:NondesignatedMember 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherLiabilitiesMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherLiabilitiesMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:CashFlowHedgingMember 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherLiabilitiesMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:CashFlowHedgingMember 2020-06-30 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-06-30 0001276520 gnw:UtilitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:EnergyMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel3Member gnw:InternalModelsMember us-gaap:ForeignCorporateDebtSecuritiesMember 2020-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:TransportationMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember 2020-06-30 0001276520 gnw:USMortgageInsuranceMember us-gaap:SegmentContinuingOperationsMember 2020-06-30 0001276520 gnw:AustraliaMortgageInsuranceMember us-gaap:SegmentContinuingOperationsMember 2020-06-30 0001276520 gnw:UsLifeInsuranceMember us-gaap:SegmentContinuingOperationsMember 2020-06-30 0001276520 gnw:RunoffMember us-gaap:SegmentContinuingOperationsMember 2020-06-30 0001276520 us-gaap:CorporateAndOtherMember us-gaap:SegmentContinuingOperationsMember 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember 2020-06-30 0001276520 us-gaap:CommercialLoanMember 2020-06-30 0001276520 us-gaap:AccountingStandardsUpdate201613Member us-gaap:ReinsuranceRecoverableMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2020-06-30 0001276520 us-gaap:AccountingStandardsUpdate201613Member srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember gnw:InvestmentsCarriedAtAmortizedCostMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:ZeroPercentToFiftyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:FiftyOnePercentToSixtyPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:SixtyOnePercentToSeventyFivePercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:SeventySixPercentToOneHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanHundredPercentMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:LessThanOneMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:LessThanOneMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:LessThanOneMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:LessThanOneMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:LessThanOneMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:LessThanOneMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:OneToOnePointTwoFiveMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:OneToOnePointTwoFiveMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:OneToOnePointTwoFiveMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:OneToOnePointTwoFiveMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:OneToOnePointTwoFiveMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:OneToOnePointTwoFiveMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointTwoSixToOnePointFiveZeroMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointTwoSixToOnePointFiveZeroMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointTwoSixToOnePointFiveZeroMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointTwoSixToOnePointFiveZeroMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointTwoSixToOnePointFiveZeroMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointTwoSixToOnePointFiveZeroMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointFiveOneToTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointFiveOneToTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointFiveOneToTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointFiveOneToTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointFiveOneToTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:OnePointFiveOneToTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanTwoMember 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember gnw:GreaterThanTwoMember 2020-06-30 0001276520 us-gaap:CededCreditRiskSecuredMember srt:AMBestAPlusPlusRatingMember 2020-06-30 0001276520 us-gaap:CededCreditRiskUnsecuredMember srt:AMBestAPlusPlusRatingMember 2020-06-30 0001276520 srt:AMBestAPlusPlusRatingMember 2020-06-30 0001276520 srt:AMBestAPlusRatingMember us-gaap:CededCreditRiskSecuredMember 2020-06-30 0001276520 srt:AMBestAPlusRatingMember us-gaap:CededCreditRiskUnsecuredMember 2020-06-30 0001276520 srt:AMBestAPlusRatingMember 2020-06-30 0001276520 srt:AMBestARatingMember us-gaap:CededCreditRiskSecuredMember 2020-06-30 0001276520 srt:AMBestARatingMember us-gaap:CededCreditRiskUnsecuredMember 2020-06-30 0001276520 srt:AMBestARatingMember 2020-06-30 0001276520 us-gaap:CededCreditRiskSecuredMember srt:AMBestBPlusRatingMember 2020-06-30 0001276520 srt:AMBestBPlusRatingMember us-gaap:CededCreditRiskUnsecuredMember 2020-06-30 0001276520 srt:AMBestBPlusRatingMember 2020-06-30 0001276520 gnw:NonRatedMember us-gaap:CededCreditRiskSecuredMember 2020-06-30 0001276520 gnw:NonRatedMember us-gaap:CededCreditRiskUnsecuredMember 2020-06-30 0001276520 gnw:NonRatedMember 2020-06-30 0001276520 us-gaap:CededCreditRiskSecuredMember 2020-06-30 0001276520 us-gaap:CededCreditRiskUnsecuredMember 2020-06-30 0001276520 gnw:ScottishReGroupLimitedMember 2020-06-30 0001276520 us-gaap:AccountingStandardsUpdate201613Member gnw:OffBalancesheetCreditExposuresMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2020-06-30 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember gnw:NotionalAmountMember 2020-06-30 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2020-06-30 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:EstimateOfFairValueFairValueDisclosureMember 2020-06-30 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember gnw:NotionalAmountMember 2020-06-30 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2020-06-30 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:EstimateOfFairValueFairValueDisclosureMember 2020-06-30 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember gnw:NotionalAmountMember 2020-06-30 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2020-06-30 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:EstimateOfFairValueFairValueDisclosureMember 2020-06-30 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:FairValueInputsLevel1Member 2020-06-30 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:FairValueInputsLevel2Member 2020-06-30 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:FairValueInputsLevel3Member 2020-06-30 0001276520 gnw:AxaMember gnw:ContingentLiabilityMember 2020-06-30 0001276520 gnw:SevenPointTwentySeniorNotesDue2021Member gnw:GenworthHoldingsMember 2020-06-30 0001276520 gnw:UsMortgageInsuranceBusinessMember 2020-06-30 0001276520 srt:RetailSiteMember 2019-12-31 0001276520 srt:IndustrialPropertyMember 2019-12-31 0001276520 srt:OfficeBuildingMember 2019-12-31 0001276520 srt:ApartmentBuildingMember 2019-12-31 0001276520 gnw:MixedUseMember 2019-12-31 0001276520 srt:OtherPropertyMember 2019-12-31 0001276520 us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:SouthAtlanticMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:PacificMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:MiddleAtlanticMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:MountainMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:WestNorthCentralMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:EastNorthCentralMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:WestSouthCentralMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:NewEnglandMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:EastSouthCentralMember us-gaap:CommercialLoanMember 2019-12-31 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:RetailSiteMember 2019-12-31 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:RetailSiteMember 2019-12-31 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:RetailSiteMember 2019-12-31 0001276520 gnw:PastDueMember srt:RetailSiteMember 2019-12-31 0001276520 gnw:CurrentMember srt:RetailSiteMember 2019-12-31 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:IndustrialPropertyMember 2019-12-31 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:IndustrialPropertyMember 2019-12-31 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:IndustrialPropertyMember 2019-12-31 0001276520 gnw:PastDueMember srt:IndustrialPropertyMember 2019-12-31 0001276520 gnw:CurrentMember srt:IndustrialPropertyMember 2019-12-31 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:OfficeBuildingMember 2019-12-31 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:OfficeBuildingMember 2019-12-31 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:OfficeBuildingMember 2019-12-31 0001276520 gnw:PastDueMember srt:OfficeBuildingMember 2019-12-31 0001276520 gnw:CurrentMember srt:OfficeBuildingMember 2019-12-31 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:ApartmentBuildingMember 2019-12-31 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:ApartmentBuildingMember 2019-12-31 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:ApartmentBuildingMember 2019-12-31 0001276520 gnw:PastDueMember srt:ApartmentBuildingMember 2019-12-31 0001276520 gnw:CurrentMember srt:ApartmentBuildingMember 2019-12-31 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember gnw:MixedUseMember 2019-12-31 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember gnw:MixedUseMember 2019-12-31 0001276520 gnw:GreaterThanNinetyDaysPastDueMember gnw:MixedUseMember 2019-12-31 0001276520 gnw:PastDueMember gnw:MixedUseMember 2019-12-31 0001276520 gnw:CurrentMember gnw:MixedUseMember 2019-12-31 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember srt:OtherPropertyMember 2019-12-31 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember srt:OtherPropertyMember 2019-12-31 0001276520 gnw:GreaterThanNinetyDaysPastDueMember srt:OtherPropertyMember 2019-12-31 0001276520 gnw:PastDueMember srt:OtherPropertyMember 2019-12-31 0001276520 gnw:CurrentMember srt:OtherPropertyMember 2019-12-31 0001276520 gnw:ThirtyOneToSixtyDaysPastDueMember 2019-12-31 0001276520 gnw:SixtyOneToNinetyDaysPastDueMember 2019-12-31 0001276520 gnw:GreaterThanNinetyDaysPastDueMember 2019-12-31 0001276520 gnw:PastDueMember 2019-12-31 0001276520 gnw:CurrentMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:FixedRateCommercialMortgageLoansMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:GreaterThanHundredPercentMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:ZeroPercentToFiftyPercentMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:FiftyOnePercentToSixtyPercentMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:SixtyOnePercentToSeventyFivePercentMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:SeventySixPercentToOneHundredPercentMember 2019-12-31 0001276520 srt:IndustrialPropertyMember gnw:GreaterThanHundredPercentMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:ZeroPercentToFiftyPercentMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:FiftyOnePercentToSixtyPercentMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:SixtyOnePercentToSeventyFivePercentMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:SeventySixPercentToOneHundredPercentMember 2019-12-31 0001276520 srt:OfficeBuildingMember gnw:GreaterThanHundredPercentMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:ZeroPercentToFiftyPercentMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:FiftyOnePercentToSixtyPercentMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:SixtyOnePercentToSeventyFivePercentMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:SeventySixPercentToOneHundredPercentMember 2019-12-31 0001276520 srt:ApartmentBuildingMember gnw:GreaterThanHundredPercentMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:ZeroPercentToFiftyPercentMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:FiftyOnePercentToSixtyPercentMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:SixtyOnePercentToSeventyFivePercentMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:SeventySixPercentToOneHundredPercentMember 2019-12-31 0001276520 gnw:MixedUseMember gnw:GreaterThanHundredPercentMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:ZeroPercentToFiftyPercentMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:FiftyOnePercentToSixtyPercentMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:SixtyOnePercentToSeventyFivePercentMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:SeventySixPercentToOneHundredPercentMember 2019-12-31 0001276520 srt:OtherPropertyMember gnw:GreaterThanHundredPercentMember 2019-12-31 0001276520 gnw:ZeroPercentToFiftyPercentMember 2019-12-31 0001276520 gnw:FiftyOnePercentToSixtyPercentMember 2019-12-31 0001276520 gnw:SixtyOnePercentToSeventyFivePercentMember 2019-12-31 0001276520 gnw:SeventySixPercentToOneHundredPercentMember 2019-12-31 0001276520 gnw:GreaterThanHundredPercentMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:ZeroPercentToFiftyPercentMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:FiftyOnePercentToSixtyPercentMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:SixtyOnePercentToSeventyFivePercentMember 2019-12-31 0001276520 srt:RetailSiteMember gnw:SeventySixPercentToOneHundredPercentMember 2019-12-31 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember gnw:UtilitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:EnergyMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember gnw:EnergyMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember us-gaap:FinancialServicesSectorMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember gnw:ConsumerNonCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember us-gaap:TechnologySectorMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:IndustrialMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember gnw:IndustrialMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember gnw:CapitalGoodsMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember gnw:ConsumerCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:TransportationMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember gnw:TransportationMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember gnw:OtherIndustriesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:UtilitiesMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 gnw:EnergyMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 gnw:IndustrialMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 gnw:TransportationMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember 2019-12-31 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 gnw:OtherAssetBackedSecuritiesMember gnw:NetAssetValueMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 gnw:NetAssetValueMember 2019-12-31 0001276520 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-12-31 0001276520 us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:ForeignGovernmentDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NetAssetValueMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2019-12-31 0001276520 gnw:UtilitiesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel1Member us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-12-31 0001276520 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0001276520 gnw:UnionFidelityLifeInsuranceCompanyMember us-gaap:ReinsurerConcentrationRiskMember 2019-12-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-12-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel1Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel2Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel3Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:FairValueInputsLevel1Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:FairValueInputsLevel2Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:FairValueInputsLevel3Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel1Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel2Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel3Member gnw:PolicyholderAccountBalancesMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel1Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel3Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel1Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel2Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel3Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel1Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel2Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:OtherLiabilitiesMember 2019-12-31 0001276520 us-gaap:OtherAssetsMember gnw:SubjectToMasterNettingArrangementMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-12-31 0001276520 us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:SubjectToMasterNettingArrangementMember 2019-12-31 0001276520 us-gaap:ReinsuranceRecoverableMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-12-31 0001276520 us-gaap:ReinsuranceRecoverableMember us-gaap:FairValueInputsLevel1Member gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-12-31 0001276520 us-gaap:ReinsuranceRecoverableMember us-gaap:FairValueInputsLevel2Member gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-12-31 0001276520 us-gaap:ReinsuranceRecoverableMember us-gaap:FairValueInputsLevel3Member gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-12-31 0001276520 us-gaap:ReinsuranceRecoverableMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:NetAssetValueMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 gnw:NetAssetValueMember us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 gnw:NetAssetValueMember us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 gnw:NetAssetValueMember gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 gnw:NetAssetValueMember us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 us-gaap:OtherInvestmentsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 gnw:NetAssetValueMember us-gaap:OtherInvestmentsMember 2019-12-31 0001276520 us-gaap:DerivativeFinancialInstrumentsLiabilitiesMember gnw:SubjectToMasterNettingArrangementMember 2019-12-31 0001276520 gnw:SubjectToMasterNettingArrangementMember 2019-12-31 0001276520 gnw:NotOtherThanTemporarilyImpairedSecuritiesMember 2019-12-31 0001276520 gnw:OtherThanTemporarilyImpairedSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 gnw:LessThanTwentyPercentBelowCostMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 gnw:TwentyToFiftyPercentBelowCostMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 us-gaap:ExternalCreditRatingInvestmentGradeMember 2019-12-31 0001276520 us-gaap:ExternalCreditRatingNonInvestmentGradeMember 2019-12-31 0001276520 gnw:FloatingRateJuniorSubordinatedNotesDueTwoThousandTwentyFiveMember gnw:GenworthFinancialMortgageInsurancePtyLimitedMember 2019-12-31 0001276520 gnw:SevenPointSevenPercentSeniorNotesDueTwoThousandAndTwentyMember gnw:GenworthHoldingsMember 2019-12-31 0001276520 gnw:SevenPointTwoPercentSeniorNotesDueTwoThousandAndTwentyOneMember gnw:GenworthHoldingsMember 2019-12-31 0001276520 gnw:SevenPointSixTwoFivePercentSeniorNotesDueTwoThousandAndTwentyOneMember gnw:GenworthHoldingsMember 2019-12-31 0001276520 gnw:FourPointNinetyPercentSeniorNotesDueTwoThousandAndTwentyThreeMember gnw:GenworthHoldingsMember 2019-12-31 0001276520 gnw:FourPointEightZeroPercentSeniorNotesDueTwoThousandTwentyFourMember gnw:GenworthHoldingsMember 2019-12-31 0001276520 gnw:SixPointFiveSeniorNotesDueTwoThousandThirtyFourMember gnw:GenworthHoldingsMember 2019-12-31 0001276520 gnw:FloatingRateJuniorSubordinatedNotesDueTwoThousandAndSixtySixMember gnw:GenworthHoldingsMember 2019-12-31 0001276520 gnw:GenworthHoldingsMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:UtilitiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:UtilitiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:EnergyMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:EnergyMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:IndustrialMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:IndustrialMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:TransportationMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:TransportationMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember gnw:OtherAssetBackedSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember gnw:OtherAssetBackedSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:CommercialMortgageBackedSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:CommercialMortgageBackedSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:NotOtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2019-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherThanTemporarilyImpairedSecuritiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2019-12-31 0001276520 us-gaap:CorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-12-31 0001276520 gnw:GenworthFinancialMortgageInsurancePtyLimitedMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherInvestmentsMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:CashFlowHedgingMember 2019-12-31 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherInvestmentsMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:CashFlowHedgingMember 2019-12-31 0001276520 us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-12-31 0001276520 us-gaap:DesignatedAsHedgingInstrumentMember 2019-12-31 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherInvestmentsMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:FutureMember us-gaap:OtherInvestmentsMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherInvestmentsMember us-gaap:NondesignatedMember 2019-12-31 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember us-gaap:ReinsuranceRecoverableMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:OtherAssetsMember us-gaap:NondesignatedMember 2019-12-31 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:ReinsuranceRecoverableMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:NondesignatedMember 2019-12-31 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember gnw:PolicyholderAccountBalancesMember us-gaap:NondesignatedMember 2019-12-31 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:OtherLiabilitiesMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:FutureMember us-gaap:OtherLiabilitiesMember us-gaap:NondesignatedMember 2019-12-31 0001276520 gnw:EquityIndexOptionsMember us-gaap:OtherLiabilitiesMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:CurrencySwapMember us-gaap:OtherLiabilitiesMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:CashFlowHedgingMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:OtherLiabilitiesMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:CashFlowHedgingMember 2019-12-31 0001276520 us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember 2019-12-31 0001276520 gnw:USMortgageInsuranceMember us-gaap:SegmentContinuingOperationsMember 2019-12-31 0001276520 gnw:AustraliaMortgageInsuranceMember us-gaap:SegmentContinuingOperationsMember 2019-12-31 0001276520 gnw:UsLifeInsuranceMember us-gaap:SegmentContinuingOperationsMember 2019-12-31 0001276520 gnw:RunoffMember us-gaap:SegmentContinuingOperationsMember 2019-12-31 0001276520 us-gaap:CorporateAndOtherMember us-gaap:SegmentContinuingOperationsMember 2019-12-31 0001276520 us-gaap:SegmentContinuingOperationsMember 2019-12-31 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember gnw:NotionalAmountMember 2019-12-31 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-12-31 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 gnw:CommitmentsToFundLimitedPartnershipsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember gnw:NotionalAmountMember 2019-12-31 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-12-31 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 gnw:CommitmentsToFundBankLoanInvestmentsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember gnw:NotionalAmountMember 2019-12-31 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-12-31 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-12-31 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001276520 gnw:OrdinaryCourseOfBusinessLendingCommitmentsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001276520 us-gaap:InvestmentIncomeMember 2020-04-01 2020-06-30 0001276520 gnw:NetInvestmentGainsLossesMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:USMortgageInsuranceMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:AustraliaMortgageInsuranceMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:LongTermCareInsuranceMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:LifeInsuranceMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:FixedAnnuitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:UsLifeInsuranceMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:RunoffMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember us-gaap:CorporateAndOtherMember 2020-04-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember 2020-04-01 2020-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:InterestRateSwapMember 2020-04-01 2020-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:CurrencySwapMember 2020-04-01 2020-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2020-04-01 2020-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-04-01 2020-06-30 0001276520 gnw:AllowanceForCreditLossesMember 2020-04-01 2020-06-30 0001276520 gnw:InterestRateSwapsHedgingAssetsMember gnw:NetInvestmentIncomeMember us-gaap:CashFlowHedgingMember 2020-04-01 2020-06-30 0001276520 gnw:InterestRateSwapsHedgingLiabilitiesMember us-gaap:InterestExpenseMember us-gaap:CashFlowHedgingMember 2020-04-01 2020-06-30 0001276520 us-gaap:CurrencySwapMember gnw:NetInvestmentIncomeMember us-gaap:CashFlowHedgingMember 2020-04-01 2020-06-30 0001276520 us-gaap:CashFlowHedgingMember 2020-04-01 2020-06-30 0001276520 gnw:GenworthHoldingsMember gnw:SeniorNotesTwentyTwentyOneMember 2020-04-01 2020-06-30 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2020-04-01 2020-06-30 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-04-01 2020-06-30 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2020-04-01 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2020-04-01 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember 2020-04-01 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember 2020-04-01 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2020-04-01 2020-06-30 0001276520 gnw:TaxableFixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:TaxExemptFixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:EquitySecuritiesMember 2020-04-01 2020-06-30 0001276520 gnw:CommercialMortgageLoansMember 2020-04-01 2020-06-30 0001276520 us-gaap:PolicyLoansMember 2020-04-01 2020-06-30 0001276520 gnw:OtherInvestedAssetsMember 2020-04-01 2020-06-30 0001276520 gnw:CashCashEquivalentsRestrictedCashAndShortTermInvestmentsMember 2020-04-01 2020-06-30 0001276520 us-gaap:InterestRateSwapMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-04-01 2020-06-30 0001276520 gnw:EquityIndexOptionsMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-04-01 2020-06-30 0001276520 us-gaap:FutureMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-04-01 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-04-01 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-04-01 2020-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-04-01 2020-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-04-01 2020-06-30 0001276520 us-gaap:NondesignatedMember 2020-04-01 2020-06-30 0001276520 us-gaap:CommonStockMember 2020-04-01 2020-06-30 0001276520 us-gaap:AdditionalPaidInCapitalMember 2020-04-01 2020-06-30 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-04-01 2020-06-30 0001276520 us-gaap:TreasuryStockMember 2020-04-01 2020-06-30 0001276520 us-gaap:RetainedEarningsMember 2020-04-01 2020-06-30 0001276520 us-gaap:ParentMember 2020-04-01 2020-06-30 0001276520 us-gaap:NoncontrollingInterestMember 2020-04-01 2020-06-30 0001276520 us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:EquityIndexOptionsMember gnw:OtherInvestedAssetsMember 2020-04-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:TransportationMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember gnw:ConsumerNonCyclicalMember 2020-04-01 2020-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:EnergyMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:ReinsuranceRecoverableMember 2020-04-01 2020-06-30 0001276520 gnw:OtherInvestedAssetsMember 2020-04-01 2020-06-30 0001276520 us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:OtherInvestedAssetsMember 2020-04-01 2020-06-30 0001276520 gnw:UtilitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:TransportationMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:EnergyMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:UtilitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2020-04-01 2020-06-30 0001276520 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FixedMaturitiesMember 2020-04-01 2020-06-30 0001276520 gnw:AXASettlementAgreementMember 2020-04-01 2020-06-30 0001276520 gnw:AustraliaMortgageInsuranceMember 2020-04-01 2020-06-30 0001276520 us-gaap:InvestmentIncomeMember 2019-04-01 2019-06-30 0001276520 gnw:NetInvestmentGainsLossesMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:USMortgageInsuranceMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:AustraliaMortgageInsuranceMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:LongTermCareInsuranceMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:LifeInsuranceMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:FixedAnnuitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:UsLifeInsuranceMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:RunoffMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember us-gaap:CorporateAndOtherMember 2019-04-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember 2019-04-01 2019-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:InterestRateSwapMember 2019-04-01 2019-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:CurrencySwapMember 2019-04-01 2019-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-04-01 2019-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-04-01 2019-06-30 0001276520 gnw:AllowanceForCreditLossesMember 2019-04-01 2019-06-30 0001276520 us-gaap:DebtSecuritiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember gnw:InterestRateSwapsHedgingAssetsMember gnw:NetInvestmentIncomeMember 2019-04-01 2019-06-30 0001276520 gnw:InterestRateSwapsHedgingAssetsMember us-gaap:CashFlowHedgingMember gnw:NetInvestmentGainsLossesMember 2019-04-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember gnw:InterestRateSwapsHedgingLiabilitiesMember us-gaap:InterestExpenseMember 2019-04-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember 2019-04-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember us-gaap:CurrencySwapMember gnw:NetInvestmentIncomeMember 2019-04-01 2019-06-30 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-04-01 2019-06-30 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-04-01 2019-06-30 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2019-04-01 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-04-01 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2019-04-01 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember 2019-04-01 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember 2019-04-01 2019-06-30 0001276520 gnw:TaxableFixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:TaxExemptFixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:EquitySecuritiesMember 2019-04-01 2019-06-30 0001276520 gnw:CommercialMortgageLoansMember 2019-04-01 2019-06-30 0001276520 us-gaap:PolicyLoansMember 2019-04-01 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember 2019-04-01 2019-06-30 0001276520 gnw:CashCashEquivalentsRestrictedCashAndShortTermInvestmentsMember 2019-04-01 2019-06-30 0001276520 us-gaap:CommonStockMember 2019-04-01 2019-06-30 0001276520 us-gaap:AdditionalPaidInCapitalMember 2019-04-01 2019-06-30 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-04-01 2019-06-30 0001276520 us-gaap:RetainedEarningsMember 2019-04-01 2019-06-30 0001276520 us-gaap:TreasuryStockMember 2019-04-01 2019-06-30 0001276520 us-gaap:ParentMember 2019-04-01 2019-06-30 0001276520 us-gaap:NoncontrollingInterestMember 2019-04-01 2019-06-30 0001276520 us-gaap:InterestRateSwapMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-04-01 2019-06-30 0001276520 gnw:EquityIndexOptionsMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-04-01 2019-06-30 0001276520 us-gaap:FutureMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-04-01 2019-06-30 0001276520 us-gaap:ForeignExchangeContractMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-04-01 2019-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-04-01 2019-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-04-01 2019-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-04-01 2019-06-30 0001276520 us-gaap:NondesignatedMember 2019-04-01 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-04-01 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember gnw:EquityIndexOptionsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-04-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:ReinsuranceRecoverableMember 2019-04-01 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember 2019-04-01 2019-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:UtilitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:EnergyMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:IndustrialMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:TransportationMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:UtilitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:EnergyMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:IndustrialMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 gnw:TransportationMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-04-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-04-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-04-01 2019-06-30 0001276520 gnw:GenworthCanadaMiMember 2019-04-01 2019-06-30 0001276520 us-gaap:DiscontinuedOperationsHeldforsaleMember gnw:CanadaMortgageInsuranceMember 2019-04-01 2019-06-30 0001276520 srt:ParentCompanyMember 2019-04-01 2019-06-30 0001276520 us-gaap:InvestmentIncomeMember 2020-01-01 2020-06-30 0001276520 gnw:NetInvestmentGainsLossesMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:USMortgageInsuranceMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:AustraliaMortgageInsuranceMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:LongTermCareInsuranceMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:LifeInsuranceMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:FixedAnnuitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:UsLifeInsuranceMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:RunoffMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember us-gaap:CorporateAndOtherMember 2020-01-01 2020-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember 2020-01-01 2020-06-30 0001276520 gnw:UnionFidelityLifeInsuranceCompanyMember 2020-01-01 2020-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:InterestRateSwapMember 2020-01-01 2020-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:CurrencySwapMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:FinancialServicesSectorMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember gnw:ConsumerNonCyclicalMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember gnw:UtilitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember gnw:TechnologyAndCommunicationsMember 2020-01-01 2020-06-30 0001276520 gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:LongTermCareInsuranceMember 2020-01-01 2020-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2020-01-01 2020-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-01-01 2020-06-30 0001276520 gnw:AllowanceForCreditLossesMember 2020-01-01 2020-06-30 0001276520 us-gaap:CashFlowHedgingMember gnw:InterestRateSwapsHedgingAssetsMember gnw:NetInvestmentIncomeMember 2020-01-01 2020-06-30 0001276520 gnw:InterestRateSwapsHedgingAssetsMember us-gaap:CashFlowHedgingMember gnw:NetInvestmentGainsLossesMember 2020-01-01 2020-06-30 0001276520 us-gaap:CashFlowHedgingMember gnw:InterestRateSwapsHedgingLiabilitiesMember us-gaap:InterestExpenseMember 2020-01-01 2020-06-30 0001276520 us-gaap:CashFlowHedgingMember us-gaap:CurrencySwapMember gnw:NetInvestmentIncomeMember 2020-01-01 2020-06-30 0001276520 us-gaap:CashFlowHedgingMember 2020-01-01 2020-06-30 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2020-01-01 2020-06-30 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-01-01 2020-06-30 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2020-01-01 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2020-01-01 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2020-01-01 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember 2020-01-01 2020-06-30 0001276520 gnw:PolicyholderAccountBalancesMember 2020-01-01 2020-06-30 0001276520 gnw:OtherGeographicAreaMember us-gaap:CommercialLoanMember 2020-01-01 2020-06-30 0001276520 gnw:TaxableFixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:TaxExemptFixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:EquitySecuritiesMember 2020-01-01 2020-06-30 0001276520 gnw:CommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 us-gaap:PolicyLoansMember 2020-01-01 2020-06-30 0001276520 gnw:OtherInvestedAssetsMember 2020-01-01 2020-06-30 0001276520 gnw:CashCashEquivalentsRestrictedCashAndShortTermInvestmentsMember 2020-01-01 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember gnw:ThirdpartyPricingServicesMember us-gaap:FairValueInputsLevel2Member 2020-01-01 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-01-01 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FairValueInputsLevel2Member gnw:ThirdpartyPricingServicesMember us-gaap:FixedMaturitiesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2020-01-01 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FixedMaturitiesMember gnw:ThirdpartyPricingServicesMember us-gaap:FairValueInputsLevel2Member 2020-01-01 2020-06-30 0001276520 us-gaap:InterestRateSwapMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 gnw:EquityIndexOptionsMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:FutureMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:CommonStockMember 2020-01-01 2020-06-30 0001276520 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-06-30 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-06-30 0001276520 us-gaap:TreasuryStockMember 2020-01-01 2020-06-30 0001276520 us-gaap:RetainedEarningsMember 2020-01-01 2020-06-30 0001276520 us-gaap:ParentMember 2020-01-01 2020-06-30 0001276520 us-gaap:NoncontrollingInterestMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2020-01-01 2020-06-30 0001276520 gnw:UtilitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:TransportationMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:EnergyMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember gnw:ConsumerNonCyclicalMember 2020-01-01 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:TransportationMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:FutureMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-01-01 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-01-01 2020-06-30 0001276520 us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-01-01 2020-06-30 0001276520 us-gaap:DesignatedAsHedgingInstrumentMember 2020-01-01 2020-06-30 0001276520 us-gaap:ReinsuranceRecoverableMember 2020-01-01 2020-06-30 0001276520 gnw:OtherInvestedAssetsMember 2020-01-01 2020-06-30 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2020-01-01 2020-06-30 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:EquityIndexOptionsMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:EnergyMember 2020-01-01 2020-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-01-01 2020-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsEmbeddedDerivativesMember us-gaap:NondesignatedMember 2020-01-01 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember us-gaap:FairValueInputsLevel3Member gnw:PolicyholderAccountBalancesMember 2020-01-01 2020-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel3Member gnw:PolicyholderAccountBalancesMember 2020-01-01 2020-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:FairValueInputsLevel3Member gnw:PolicyholderAccountBalancesMember 2020-01-01 2020-06-30 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:DomesticCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:UtilitiesMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:EnergyMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:IndustrialMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:TransportationMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 us-gaap:FairValueInputsLevel3Member us-gaap:ForeignCorporateDebtSecuritiesMember gnw:InternalModelsMember 2020-01-01 2020-06-30 0001276520 gnw:AxaDamagesHearingMember 2020-01-01 2020-06-30 0001276520 gnw:DebtServiceCoverageRatioMember 2020-01-01 2020-06-30 0001276520 gnw:LoanToValueRatioMember 2020-01-01 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearOneMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearTwoMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearThreeMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFourMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearFiveMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:CommercialMortgageLoansOriginationYearSixMember gnw:FixedRateCommercialMortgageLoansMember 2020-01-01 2020-06-30 0001276520 gnw:GenworthHoldingsMember gnw:SeniorNotesTwentyTwentyOneMember 2020-01-01 2020-06-30 0001276520 gnw:AXASettlementAgreementMember 2020-01-01 2020-06-30 0001276520 gnw:SevenPointTwentySeniorNotesDue2021Member gnw:GenworthHoldingsMember 2020-01-01 2020-06-30 0001276520 gnw:USMortgageInsuranceMember 2020-01-01 2020-06-30 0001276520 gnw:PolicyContractMember 2020-01-01 2020-06-30 0001276520 gnw:ZeroPercentToFiftyPercentMember 2020-01-01 2020-06-30 0001276520 gnw:FiftyOnePercentToSixtyPercentMember 2020-01-01 2020-06-30 0001276520 gnw:SixtyOnePercentToSeventyFivePercentMember 2020-01-01 2020-06-30 0001276520 gnw:SeventySixPercentToOneHundredPercentMember 2020-01-01 2020-06-30 0001276520 gnw:GreaterThanHundredPercentMember 2020-01-01 2020-06-30 0001276520 us-gaap:InvestmentIncomeMember 2019-01-01 2019-06-30 0001276520 gnw:NetInvestmentGainsLossesMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:USMortgageInsuranceMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:AustraliaMortgageInsuranceMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:LongTermCareInsuranceMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:LifeInsuranceMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:FixedAnnuitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:UsLifeInsuranceMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember gnw:RunoffMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember us-gaap:CorporateAndOtherMember 2019-01-01 2019-06-30 0001276520 us-gaap:SegmentContinuingOperationsMember 2019-01-01 2019-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:InterestRateSwapMember 2019-01-01 2019-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember us-gaap:CurrencySwapMember 2019-01-01 2019-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-01-01 2019-06-30 0001276520 gnw:LongTermCareInsuranceMember 2019-01-01 2019-06-30 0001276520 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-01-01 2019-06-30 0001276520 gnw:AllowanceForCreditLossesMember 2019-01-01 2019-06-30 0001276520 us-gaap:DebtSecuritiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember gnw:InterestRateSwapsHedgingAssetsMember gnw:NetInvestmentIncomeMember 2019-01-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember gnw:InterestRateSwapsHedgingAssetsMember gnw:NetInvestmentGainsLossesMember 2019-01-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember gnw:InterestRateSwapsHedgingLiabilitiesMember us-gaap:InterestExpenseMember 2019-01-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember us-gaap:CurrencySwapMember gnw:NetInvestmentIncomeMember 2019-01-01 2019-06-30 0001276520 us-gaap:CashFlowHedgingMember 2019-01-01 2019-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:CashFlowHedgingMember gnw:NetInvestmentGainsLossesMember 2019-01-01 2019-06-30 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-01-01 2019-06-30 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-01-01 2019-06-30 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2019-01-01 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-01-01 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2019-01-01 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember 2019-01-01 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember 2019-01-01 2019-06-30 0001276520 gnw:TaxableFixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:TaxExemptFixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:EquitySecuritiesMember 2019-01-01 2019-06-30 0001276520 gnw:CommercialMortgageLoansMember 2019-01-01 2019-06-30 0001276520 us-gaap:PolicyLoansMember 2019-01-01 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember 2019-01-01 2019-06-30 0001276520 gnw:CashCashEquivalentsRestrictedCashAndShortTermInvestmentsMember 2019-01-01 2019-06-30 0001276520 us-gaap:CommonStockMember 2019-01-01 2019-06-30 0001276520 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-06-30 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-06-30 0001276520 us-gaap:RetainedEarningsMember 2019-01-01 2019-06-30 0001276520 us-gaap:TreasuryStockMember 2019-01-01 2019-06-30 0001276520 us-gaap:ParentMember 2019-01-01 2019-06-30 0001276520 us-gaap:NoncontrollingInterestMember 2019-01-01 2019-06-30 0001276520 us-gaap:InterestRateSwapMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-01-01 2019-06-30 0001276520 gnw:EquityIndexOptionsMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-01-01 2019-06-30 0001276520 us-gaap:FutureMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-01-01 2019-06-30 0001276520 us-gaap:ForeignExchangeContractMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-01-01 2019-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-01-01 2019-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-01-01 2019-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember gnw:NetInvestmentGainsLossesMember us-gaap:NondesignatedMember 2019-01-01 2019-06-30 0001276520 us-gaap:NondesignatedMember 2019-01-01 2019-06-30 0001276520 gnw:UtilitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:EnergyMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:IndustrialMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:TransportationMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:UtilitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:EnergyMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:TechnologySectorMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:IndustrialMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:CapitalGoodsMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:ConsumerCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:TransportationMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:OtherIndustriesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-01-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-01-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-01-01 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-01-01 2019-06-30 0001276520 us-gaap:ReinsuranceRecoverableMember 2019-01-01 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember 2019-01-01 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-01-01 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:EquityIndexOptionsMember 2019-01-01 2019-06-30 0001276520 gnw:GenworthCanadaMiMember 2019-01-01 2019-06-30 0001276520 us-gaap:DiscontinuedOperationsHeldforsaleMember gnw:CanadaMortgageInsuranceMember 2019-01-01 2019-06-30 0001276520 srt:ParentCompanyMember 2019-01-01 2019-06-30 0001276520 gnw:GenworthHoldingsMember 2013-04-01 0001276520 gnw:ChinaOceanwideHoldingsGroupCoLtdMember gnw:DefinitiveAcquisitionAgreementMember 2016-10-21 2016-10-21 0001276520 gnw:ChinaOceanwideHoldingsGroupCoLtdMember gnw:DefinitiveAcquisitionAgreementMember 2016-10-21 0001276520 gnw:GenworthCanadaMiMember 2019-12-12 0001276520 gnw:LessThanOneMember gnw:FixedRateCommercialMortgageLoansMember 2019-01-01 2019-12-31 0001276520 gnw:OneToOnePointTwoFiveMember gnw:FixedRateCommercialMortgageLoansMember 2019-01-01 2019-12-31 0001276520 gnw:OnePointTwoSixToOnePointFiveZeroMember gnw:FixedRateCommercialMortgageLoansMember 2019-01-01 2019-12-31 0001276520 gnw:OnePointFiveOneToTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-01-01 2019-12-31 0001276520 gnw:GreaterThanTwoMember gnw:FixedRateCommercialMortgageLoansMember 2019-01-01 2019-12-31 0001276520 gnw:FixedRateCommercialMortgageLoansMember 2019-01-01 2019-12-31 0001276520 gnw:OtherLitigationMember 2019-01-01 2019-12-31 0001276520 gnw:ZeroPercentToFiftyPercentMember 2019-01-01 2019-12-31 0001276520 gnw:FiftyOnePercentToSixtyPercentMember 2019-01-01 2019-12-31 0001276520 gnw:SixtyOnePercentToSeventyFivePercentMember 2019-01-01 2019-12-31 0001276520 gnw:SeventySixPercentToOneHundredPercentMember 2019-01-01 2019-12-31 0001276520 gnw:GreaterThanHundredPercentMember 2019-01-01 2019-12-31 0001276520 gnw:GenworthHoldingsMember gnw:SevenPointSevenPercentSeniorNotesDueTwoThousandAndTwentyMember 2020-01-21 2020-01-21 0001276520 gnw:GenworthHoldingsMember gnw:SevenPointSevenPercentSeniorNotesDueTwoThousandAndTwentyMember 2020-01-21 0001276520 gnw:GenworthHoldingsMember gnw:SeniorNotesTwentyTwentyOneMember 2020-03-01 2020-03-31 0001276520 gnw:GenworthHoldingsMember gnw:SeniorNotesTwentyTwentyOneMember 2020-03-31 0001276520 gnw:FloatingRateSubordinatedNotesDueTwoThousandFiftyMember gnw:NonRecourseFundingObligationsMember 2020-01-01 2020-01-31 0001276520 gnw:GenworthHoldingsMember 2020-01-01 2020-01-31 0001276520 gnw:OtherLitigationMember 2020-01-01 2020-01-31 0001276520 gnw:AxaDamagesHearingMember 2020-01-01 2020-01-31 0001276520 gnw:AxaDamagesHearingMember 2017-12-01 2017-12-01 0001276520 gnw:AxaDamagesHearingMember 2018-11-15 2018-11-15 0001276520 gnw:AxaDamagesHearingMember 2019-02-25 2019-02-25 0001276520 gnw:OtherLitigationMember 2020-01-31 2020-01-31 0001276520 gnw:AxaDamagesInterimPaymentMember 2020-01-31 2020-01-31 0001276520 gnw:OtherLitigationMember 2019-01-01 2019-01-31 0001276520 gnw:OtherLitigationMember 2020-04-01 2020-04-30 0001276520 gnw:SeniorNotesTwentyTwentyOneMember gnw:GenworthHoldingsMember 2020-01-01 2020-03-31 0001276520 gnw:OtherLitigationMember 2019-09-11 0001276520 gnw:GenworthFinancialMortgageInsurancePtyLimitedMember gnw:FloatingRateJuniorSubordinatedNotesDueTwoZeroTwoFiveMember us-gaap:SubsequentEventMember 2020-07-31 0001276520 gnw:GenworthFinancialMortgageInsurancePtyLimitedMember gnw:FloatingRateJuniorSubordinatedNotesDueTwoZeroThreeZeroMember us-gaap:SubsequentEventMember 2020-07-31 0001276520 gnw:GenworthFinancialMortgageInsurancePtyLimitedMember gnw:FloatingRateJuniorSubordinatedNotesDueTwoZeroTwoFiveMember us-gaap:SubsequentEventMember 2020-07-31 2020-07-31 0001276520 gnw:GenworthFinancialMortgageInsurancePtyLimitedMember gnw:FloatingRateJuniorSubordinatedNotesDueTwoZeroThreeZeroMember us-gaap:SubsequentEventMember 2020-07-31 2020-07-31 0001276520 gnw:AXASettlementAgreementMember us-gaap:SubsequentEventMember 2020-07-21 2020-07-21 0001276520 gnw:FloatingRateJuniorSubordinatedNotesDueTwoZeroThreeZeroMember gnw:GenworthFinancialMortgageInsurancePtyLimitedMember us-gaap:SubsequentEventMember 2020-07-03 2020-07-03 0001276520 gnw:GenworthFinancialMortgageInsurancePtyLimitedMember gnw:FloatingRateJuniorSubordinatedNotesDueTwoZeroThreeZeroMember us-gaap:SubsequentEventMember 2020-07-03 0001276520 gnw:GenworthFinancialMortgageInsurancePtyLimitedMember gnw:FloatingRateJuniorSubordinatedNotesDueTwoZeroTwoFiveMember us-gaap:SubsequentEventMember 2020-07-03 0001276520 gnw:AxaDamagesHearingMember 2020-06-08 2020-06-08 0001276520 gnw:AxaDamagesHearingMember 2019-12-06 2019-12-06 0001276520 us-gaap:SubsequentEventMember us-gaap:SegmentDiscontinuedOperationsMember gnw:AXASettlementAgreementMember 2020-07-21 0001276520 us-gaap:SegmentDiscontinuedOperationsMember us-gaap:SubsequentEventMember gnw:AXASettlementAgreementMember 2020-07-20 2020-07-20 0001276520 us-gaap:SegmentDiscontinuedOperationsMember us-gaap:SubsequentEventMember gnw:AXASettlementAgreementMember 2020-07-20 0001276520 gnw:AllowanceForCreditLossesMember 2020-03-31 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2020-03-31 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-03-31 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2020-03-31 0001276520 us-gaap:CommonStockMember 2020-03-31 0001276520 us-gaap:AdditionalPaidInCapitalMember 2020-03-31 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-03-31 0001276520 us-gaap:RetainedEarningsMember 2020-03-31 0001276520 us-gaap:TreasuryStockMember 2020-03-31 0001276520 us-gaap:ParentMember 2020-03-31 0001276520 us-gaap:NoncontrollingInterestMember 2020-03-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2020-03-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember 2020-03-31 0001276520 gnw:PolicyholderAccountBalancesMember 2020-03-31 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2020-03-31 0001276520 gnw:AllowanceForCreditLossesMember 2020-06-30 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2020-06-30 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-06-30 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2020-06-30 0001276520 us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignGovernmentDebtSecuritiesMember 2020-03-31 0001276520 gnw:UtilitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:EnergyMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:TechnologySectorMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:IndustrialMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:CapitalGoodsMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:TransportationMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:OtherIndustriesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:UtilitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:OtherInvestedAssetsMember 2020-03-31 0001276520 gnw:OtherInvestedAssetsMember 2020-03-31 0001276520 us-gaap:ReinsuranceRecoverableMember 2020-03-31 0001276520 gnw:EnergyMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:FinancialServicesSectorMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:ConsumerNonCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:TechnologySectorMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:IndustrialMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:CapitalGoodsMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:ConsumerCyclicalMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:TransportationMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:OtherIndustriesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:ResidentialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 gnw:OtherAssetBackedSecuritiesMember us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:FixedMaturitiesMember 2020-03-31 0001276520 us-gaap:EquitySecuritiesMember 2020-03-31 0001276520 us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:EquityIndexOptionsMember gnw:OtherInvestedAssetsMember 2020-03-31 0001276520 us-gaap:EquitySecuritiesMember 2020-06-30 0001276520 us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:EquityIndexOptionsMember gnw:OtherInvestedAssetsMember 2020-06-30 0001276520 us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:OtherInvestedAssetsMember 2020-06-30 0001276520 gnw:OtherInvestedAssetsMember 2020-06-30 0001276520 us-gaap:ReinsuranceRecoverableMember 2020-06-30 0001276520 us-gaap:CommonStockMember 2020-06-30 0001276520 us-gaap:AdditionalPaidInCapitalMember 2020-06-30 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-06-30 0001276520 us-gaap:RetainedEarningsMember 2020-06-30 0001276520 us-gaap:TreasuryStockMember 2020-06-30 0001276520 us-gaap:ParentMember 2020-06-30 0001276520 us-gaap:NoncontrollingInterestMember 2020-06-30 0001276520 us-gaap:DebtSecuritiesMember 2019-03-31 0001276520 gnw:AllowanceForCreditLossesMember 2019-03-31 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-03-31 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-03-31 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2019-03-31 0001276520 us-gaap:CommonStockMember 2019-03-31 0001276520 us-gaap:AdditionalPaidInCapitalMember 2019-03-31 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-03-31 0001276520 us-gaap:RetainedEarningsMember 2019-03-31 0001276520 us-gaap:TreasuryStockMember 2019-03-31 0001276520 us-gaap:ParentMember 2019-03-31 0001276520 us-gaap:NoncontrollingInterestMember 2019-03-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-03-31 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2019-03-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember 2019-03-31 0001276520 gnw:PolicyholderAccountBalancesMember 2019-03-31 0001276520 gnw:AllowanceForCreditLossesMember 2019-06-30 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-06-30 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-06-30 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:EnergyMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:UtilitiesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:IndustrialMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:TransportationMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-03-31 0001276520 gnw:OtherInvestedAssetsMember 2019-03-31 0001276520 us-gaap:ReinsuranceRecoverableMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:CommercialMortgageBackedSecuritiesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember 2019-03-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherAssetBackedSecuritiesMember 2019-03-31 0001276520 us-gaap:EquitySecuritiesMember 2019-03-31 0001276520 gnw:OtherInvestedAssetsMember gnw:EquityIndexOptionsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-03-31 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-03-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2019-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember gnw:PolicyholderAccountBalancesMember 2019-06-30 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember gnw:PolicyholderAccountBalancesMember 2019-06-30 0001276520 gnw:PolicyholderAccountBalancesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:UtilitiesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:EnergyMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:IndustrialMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:TransportationMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember us-gaap:CommercialMortgageBackedSecuritiesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherAssetBackedSecuritiesMember 2019-06-30 0001276520 us-gaap:FixedMaturitiesMember 2019-06-30 0001276520 us-gaap:EquitySecuritiesMember 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember gnw:EquityIndexOptionsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-06-30 0001276520 gnw:OtherInvestedAssetsMember 2019-06-30 0001276520 us-gaap:ReinsuranceRecoverableMember 2019-06-30 0001276520 us-gaap:DebtSecuritiesMember 2019-06-30 0001276520 us-gaap:CommonStockMember 2019-06-30 0001276520 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0001276520 us-gaap:RetainedEarningsMember 2019-06-30 0001276520 us-gaap:TreasuryStockMember 2019-06-30 0001276520 us-gaap:ParentMember 2019-06-30 0001276520 us-gaap:NoncontrollingInterestMember 2019-06-30 0001276520 gnw:LongTermCareInsuranceMember 2019-12-31 0001276520 gnw:AllowanceForCreditLossesMember 2019-12-31 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-12-31 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-12-31 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2019-12-31 0001276520 us-gaap:CommonStockMember 2019-12-31 0001276520 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0001276520 us-gaap:RetainedEarningsMember 2019-12-31 0001276520 us-gaap:TreasuryStockMember 2019-12-31 0001276520 us-gaap:ParentMember 2019-12-31 0001276520 us-gaap:NoncontrollingInterestMember 2019-12-31 0001276520 us-gaap:RetainedEarningsMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001276520 us-gaap:ParentMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001276520 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001276520 us-gaap:CommonStockMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001276520 us-gaap:AdditionalPaidInCapitalMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001276520 us-gaap:TreasuryStockMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001276520 us-gaap:NoncontrollingInterestMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001276520 gnw:LongTermCareInsuranceMember 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-12-31 0001276520 us-gaap:CurrencySwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:NondesignatedMember 2019-12-31 0001276520 gnw:EquityIndexOptionsMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:FutureMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:EquitySecuritiesMember 2019-12-31 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:EquityIndexOptionsMember 2019-12-31 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2019-12-31 0001276520 gnw:OtherInvestedAssetsMember 2019-12-31 0001276520 us-gaap:ReinsuranceRecoverableMember 2019-12-31 0001276520 us-gaap:InterestRateSwapMember us-gaap:NondesignatedMember 2020-06-30 0001276520 gnw:EquityIndexOptionsMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:FutureMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-06-30 0001276520 us-gaap:CurrencySwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsEmbeddedDerivativesMember us-gaap:NondesignatedMember 2019-12-31 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2019-12-31 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:NondesignatedMember 2019-12-31 0001276520 gnw:IndexedUniversalLifeEmbeddedDerivativesMember us-gaap:NondesignatedMember 2020-06-30 0001276520 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2020-06-30 0001276520 gnw:GuaranteedMinimumWithdrawalBenefitsEmbeddedDerivativesMember us-gaap:NondesignatedMember 2020-06-30 0001276520 gnw:LongTermCareInsuranceMember 2018-12-31 0001276520 us-gaap:DebtSecuritiesMember 2018-12-31 0001276520 gnw:AllowanceForCreditLossesMember 2018-12-31 0001276520 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-12-31 0001276520 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2018-12-31 0001276520 us-gaap:AccumulatedTranslationAdjustmentMember 2018-12-31 0001276520 us-gaap:CommonStockMember 2018-12-31 0001276520 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001276520 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001276520 us-gaap:RetainedEarningsMember 2018-12-31 0001276520 us-gaap:TreasuryStockMember 2018-12-31 0001276520 us-gaap:ParentMember 2018-12-31 0001276520 us-gaap:NoncontrollingInterestMember 2018-12-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember 2018-12-31 0001276520 gnw:PolicyholderAccountBalancesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2018-12-31 0001276520 gnw:PolicyholderAccountBalancesMember gnw:IndexedUniversalLifeEmbeddedDerivativesMember 2018-12-31 0001276520 gnw:PolicyholderAccountBalancesMember 2018-12-31 0001276520 gnw:LongTermCareInsuranceMember 2019-06-30 0001276520 us-gaap:EquitySecuritiesMember 2018-12-31 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember gnw:EquityIndexOptionsMember 2018-12-31 0001276520 gnw:OtherInvestedAssetsMember us-gaap:DerivativeFinancialInstrumentsAssetsMember 2018-12-31 0001276520 gnw:OtherInvestedAssetsMember 2018-12-31 0001276520 us-gaap:ReinsuranceRecoverableMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:IndustrialMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:TransportationMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ResidentialMortgageBackedSecuritiesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:CommercialMortgageBackedSecuritiesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember gnw:OtherAssetBackedSecuritiesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:UtilitiesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:EnergyMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:FinancialServicesSectorMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerNonCyclicalMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember us-gaap:TechnologySectorMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:IndustrialMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:CapitalGoodsMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:ConsumerCyclicalMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:TransportationMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:UtilitiesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:DomesticCorporateDebtSecuritiesMember gnw:OtherIndustriesMember 2018-12-31 0001276520 us-gaap:FixedMaturitiesMember us-gaap:ForeignCorporateDebtSecuritiesMember gnw:EnergyMember 2018-12-31 iso4217:USD xbrli:shares xbrli:pure iso4217:AUD iso4217:GBP gnw:Segment gnw:Company iso4217:USD xbrli:shares gnw:Securities gnw:Policies

Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM

10-Q

 

 

 

☒	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2020

OR

 

☐	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from

                    

to

                    

Commission file number

001-32195

 

 

 

GENWORTH FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware		80-0873306
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification Number)
6620 West Broad Street Richmond, Virginia		23230
(Address of principal executive offices)		(Zip Code)

(804)

281-6000

(Registrant’s telephone number, including area code)

 

 

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes

  

☒    No  ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of

Regulation S-T

(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes

  

☒    No  ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a

non-accelerated

filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule

12b-2

of the Exchange Act.

 

Large accelerated filer		☒		Accelerated filer		☐
Non-accelerated filer		☐		Smaller reporting company		☐
				Emerging growth company		☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule

12b-2

of the Exchange Act).    Yes  ☐    No  ☒

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class		Trading Symbol		Name of each exchange on which registered
Class A Common Stock, par value $.001 per share		GNW		New York Stock Exchange

As of July 27, 2020, 594,010,907 shares of Class A Common Stock, par value $0.001 per share, were outstanding.

 

 

 

---

Table of Contents

TABLE OF CONTENTS

 

				Page
PART I—FINANCIAL INFORMATION					3
Item 1.		Financial Statements			3
Condensed Consolidated Balance Sheets as of June 30, 2020 (Unaudited) and December 31, 2019					3
Condensed Consolidated Statements of Income for the three and six months ended June 30, 2020 and 2019 (Unaudited)					4
Condensed Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2020 and 2019 (Unaudited)					5
Condensed Consolidated Statements of Changes in Equity for the three and six months ended June 30, 2020 and 2019 (Unaudited)					6
Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2020 and 2019 (Unaudited)					8
Notes to Condensed Consolidated Financial Statements (Unaudited)					9
Item 2.		Management’s Discussion and Analysis of Financial Condition and Results of Operations			79
Item 3.		Quantitative and Qualitative Disclosures About Market Risk			173
Item 4.		Controls and Procedures			173
PART II—OTHER INFORMATION					174
Item 1.		Legal Proceedings			174
Item 1A.		Risk Factors			174
Item 6.		Exhibits			175
Signatures					176

 

2

---

Table of Contents

PART I—FINANCIAL INFORMATION

Item 1.

Financial Statements

GENWORTH FINANCIAL, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Amounts in millions, except per share amounts)

 

		June 30, 2020				December 31, 2019
		(Unaudited)
Assets
Investments:
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$	63,544			$	60,339
Equity securities, at fair value			206				239
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of June 30, 2020 and December 31, 2019)			6,945				6,976
Less: Allowance for credit losses			(28	)			(13	)
Commercial mortgage loans, net			6,917				6,963
Policy loans			2,182				2,058
Other invested assets			2,473				1,632
Total investments			75,322				71,231
Cash, cash equivalents and restricted cash			2,597				3,341
Accrued investment income			601				654
Deferred acquisition costs			1,718				1,836
Intangible assets and goodwill			223				201
Reinsurance recoverable			16,944				17,103
Less: Allowance for credit losses			(44	)			—
Reinsurance recoverable, net			16,900				17,103
Other assets			454				443
Deferred tax asset			286				425
Separate account assets			5,536				6,108
Total assets		$	103,637			$	101,342
Liabilities and equity
Liabilities:
Future policy benefits		$	41,463			$	40,384
Policyholder account balances			22,921				22,217
Liability for policy and contract claims			11,280				10,958
Unearned premiums			1,804				1,893
Other liabilities			2,075				1,428
Non-recourse funding obligations			—				311
Long-term borrowings			2,817				3,277
Separate account liabilities			5,536				6,108
Liabilities related to discontinued operations			653				134
Total liabilities			88,549				86,710
Commitments and contingencies
Equity:
Class A common stock, $0.001 par value; 1.5 billion shares authorized; 594 million and 592 million shares issued as of June 30, 2020 and December 31, 2019, respectively; 506 million and 504 million shares outstanding as of June 30, 2020 and December 31, 2019, respectively			1				1
Additional paid-in capital			11,996				11,990
Accumulated other comprehensive income (loss)			4,447				3,433
Retained earnings			899				1,461
Treasury stock, at cost (88 million shares as of June 30, 2020 and December 31, 2019)			(2,700	)			(2,700	)
Total Genworth Financial, Inc.’s stockholders’ equity			14,643				14,185
Noncontrolling interests			445				447
Total equity			15,088				14,632
Total liabilities and equity		$	103,637			$	101,342

See Notes to Condensed Consolidated Financial Statements

 

3

---

Table of Contents

GENWORTH FINANCIAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Amounts in millions, except per share amounts)

(Unaudited)

 

		Three   months   ended June 30,								Six   months   ended June 30,
		2020				2019				2020				2019
Revenues:
Premiums		$	1,019			$	1,001			$	2,034			$	1,989
Net investment income			786				816				1,579				1,610
Net investment gains (losses)			159				(46	)			7				29
Policy fees and other income			174				223				355				410
Total revenues			2,138				1,994				3,975				4,038
Benefits and expenses:
Benefits and other changes in policy reserves			1,486				1,251				2,847				2,533
Interest credited			139				146				280				293
Acquisition and operating expenses, net of deferrals			223				229				472				466
Amortization of deferred acquisition costs and intangibles			93				84				209				165
Goodwill impairment			5				—				5				—
Interest expense			44				60				96				120
Total benefits and expenses			1,990				1,770				3,909				3,577
Income from continuing operations before income taxes			148				224				66				461
Provision for income taxes			46				66				36				135
Income from continuing operations			102				158				30				326
Income (loss) from discontinued operations, net of taxes			(520	)			60				(520	)			122
Net income (loss)			(418	)			218				(490	)			448
Less: net income from continuing operations attributable to noncontrolling interests			23				15				17				35
Less: net income from discontinued operations attributable to noncontrolling interests			—				35				—				71
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(441	)		$	168			$	(507	)		$	342
Net income (loss) available to Genworth Financial, Inc.’s common stockholders:
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders		$	79			$	143			$	13			$	291
Income (loss) from discontinued operations available to Genworth Financial, Inc.’s common stockholders			(520	)			25				(520	)			51
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(441	)		$	168			$	(507	)		$	342
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders per share:
Basic		$	0.16			$	0.29			$	0.03			$	0.58
Diluted		$	0.15			$	0.28			$	0.03			$	0.57
Net income (loss) available to Genworth Financial, Inc.’s common stockholders per share:
Basic		$	(0.87	)		$	0.33			$	(1.00	)		$	0.68
Diluted		$	(0.86	)		$	0.33			$	(0.99	)		$	0.67
Weighted-average common shares outstanding:
Basic			505.4				503.4				504.8				502.3
Diluted			512.5				508.7				511.1				508.7

See Notes to Condensed Consolidated Financial Statements

 

4

---

Table of Contents

GENWORTH FINANCIAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Amounts in millions)

(Unaudited)

 

		Three months ended June 30,								Six months ended June 30,
		2020				2019				2020				2019
Net income (loss)		$	(418	)		$	218			$	(490	)		$	448
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities without an allowance for credit losses			682				—				362				—
Net unrealized gains (losses) on securities with an allowance for credit losses			(8	)			—				(8	)			—
Net unrealized gains (losses) on securities not other-than-temporarily impaired			—				376				—				755
Net unrealized gains (losses) on other-than-temporarily impaired securities			—				—				—				1
Derivatives qualifying as hedges			(78	)			133				675				202
Foreign currency translation and other adjustments			73				43				(25	)			97
Total other comprehensive income (loss)			669				552				1,004				1,055
Total comprehensive income			251				770				514				1,503
Less: comprehensive income attributable to noncontrolling interests			60				81				7				192
Total comprehensive income available to Genworth Financial, Inc.’s common stockholders		$	191			$	689			$	507			$	1,311

 

See Notes to Condensed Consolidated Financial Statements

 

5

---

Table of Contents

GENWORTH FINANCIAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

(Amounts in millions)

(Unaudited)

 

		Three months ended June 30, 2020
																						Total
																						Genworth
										Accumulated												Financial,
						Additional				other								Treasury				Inc.’s
		Common				paid-in				comprehensive				Retained				stock, at				stockholders’				Noncontrolling				Total
		stock				capital				income (loss)				earnings				cost				equity				interests				equity
Balances as of March 31, 2020		$	1			$	11,993			$	3,815			$	1,340			$	(2,700	)		$	14,449			$	385			$	14,834
Comprehensive income (loss):
Net loss			—				—				—				(441	)			—				(441	)			23				(418	)
Other comprehensive income, net of taxes			—				—				632				—				—				632				37				669
Total comprehensive income																							191				60				251
Stock-based compensation expense and exercises and other			—				3				—				—				—				3				—				3
Balances as of June 30, 2020		$	1			$	11,996			$	4,447			$	899			$	(2,700	)		$	14,643			$	445			$	15,088
		Three months ended June 30, 2019
																						Total
																						Genworth
										Accumulated												Financial,
						Additional				other								Treasury				Inc.’s
		Common				paid-in				comprehensive				Retained				stock, at				stockholders’				Noncontrolling				Total
		stock				capital				income (loss)				earnings				cost				equity				interests				equity
Balances as of March 31, 2019		$	1			$	11,989			$	2,492			$	1,292			$	(2,700	)		$	13,074			$	1,808			$	14,882
Repurchase of subsidiary shares			—				—				—				—				—				—				(32	)			(32	)
Comprehensive income:
Net income			—				—				—				168				—				168				50				218
Other comprehensive income, net of taxes			—				—				521				—				—				521				31				552
Total comprehensive income																							689				81				770
Dividends to noncontrolling interests			—				—				—				—				—				—				(25	)			(25	)
Stock-based compensation expense and exercises and other			—				(6	)			—				—				—				(6	)			3				(3	)
Balances as of June 30, 2019		$	1			$	11,983			$	3,013			$	1,460			$	(2,700	)		$	13,757			$	1,835			$	15,592

 

6

---

Table of Contents

GENWORTH FINANCIAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY, CONTINUED

(Amounts in millions)

(Unaudited)

 

		Six months ended June 30, 2020
																						Total
																						Genworth
										Accumulated												Financial,
						Additional				other								Treasury				Inc.’s
		Common				paid-in				comprehensive				Retained				stock, at				stockholders’				Noncontrolling				Total
		stock				capital				income (loss)				earnings				cost				equity				interests				equity
Balances as of December 31, 2019		$	1			$	11,990			$	3,433			$	1,461			$	(2,700	)		$	14,185			$	447			$	14,632
Cumulative effect of change in accounting, net of taxes			—				—				—				(55	)			—				(55	)			—				(55	)
Comprehensive income (loss):
Net loss			—				—				—				(507	)			—				(507	)			17				(490	)
Other comprehensive income (loss), net of taxes			—				—				1,014				—				—				1,014				(10	)			1,004
Total comprehensive income																							507				7				514
Dividends to noncontrolling interests			—				—				—				—				—				—				(9	)			(9	)
Stock-based compensation expense and exercises and other			—				6				—				—				—				6				—				6
Balances as of June 30, 2020		$	1			$	11,996			$	4,447			$	899			$	(2,700	)		$	14,643			$	445			$	15,088
		Six months ended June 30, 2019
																						Total
																						Genworth
										Accumulated												Financial,
						Additional				other								Treasury				Inc.’s
		Common				paid-in				comprehensive				Retained				stock, at				stockholders’				Noncontrolling				Total
		stock				capital				income (loss)				earnings				cost				equity				interests				equity
Balances as of December 31, 2018		$	1			$	11,987			$	2,044			$	1,118			$	(2,700	)		$	12,450			$	1,739			$	14,189
Repurchase of subsidiary shares			—				—				—				—				—				—				(44	)			(44	)
Comprehensive income:
Net income			—				—				—				342				—				342				106				448
Other comprehensive income, net of taxes			—				—				969				—				—				969				86				1,055
Total comprehensive income																							1,311				192				1,503
Dividends to noncontrolling interests			—				—				—				—				—				—				(53	)			(53	)
Stock-based compensation expense and exercises and other			—				(4	)			—				—				—				(4	)			1				(3	)
Balances as of June 30, 2019		$	1			$	11,983			$	3,013			$	1,460			$	(2,700	)		$	13,757			$	1,835			$	15,592

See Notes to Condensed Consolidated Financial Statements

 

7

---

Table of Contents

GENWORTH FINANCIAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Amounts in millions)

(Unaudited)

 

		Six months ended June 30,
		2020				2019
Cash flows from operating activities:
Net income (loss)		$	(490	)		$	448
Less (income) loss from discontinued operations, net of taxes			520				(122	)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Amortization of fixed maturity securities discounts and premiums			(50	)			(57	)
Net investment (gains) losses			(7	)			(29	)
Charges assessed to policyholders			(314	)			(364	)
Acquisition costs deferred			(9	)			(16	)
Amortization of deferred acquisition costs and intangibles			209				165
Goodwill impairment			5				—
Deferred income taxes			28				98
Derivative instruments, limited partnerships and other			191				18
Stock-based compensation expense			19				10
Change in certain assets and liabilities:
Accrued investment income and other assets			(131	)			(284	)
Insurance reserves			674				609
Current tax liabilities			(1	)			13
Other liabilities, policy and contract claims and other policy-related balances			655				134
Cash from operating activities—discontinued operations			—				172
Net cash from operating activities			1,299				795
Cash flows used by investing activities:
Proceeds from maturities and repayments of investments:
Fixed maturity securities			1,687				1,774
Commercial mortgage loans			302				291
Other invested assets			71				51
Proceeds from sales of investments:
Fixed maturity and equity securities			1,657				2,362
Purchases and originations of investments:
Fixed maturity and equity securities			(4,166	)			(4,054	)
Commercial mortgage loans			(271	)			(561	)
Other invested assets			(236	)			(235	)
Short-term investments, net			59				3
Policy loans, net			10				39
Cash used by investing activities—discontinued operations			—				(21	)
Net cash used by investing activities			(887	)			(351	)
Cash flows used by financing activities:
Deposits to universal life and investment contracts			516				444
Withdrawals from universal life and investment contracts			(914	)			(1,096	)
Redemption of non-recourse funding obligations			(315	)			—
Repayment and repurchase of long-term debt			(471	)			(1	)
Repurchase of subsidiary shares			—				(22	)
Dividends paid to noncontrolling interests			(9	)			(14	)
Other, net			49				55
Cash used by financing activities—discontinued operations			—				(61	)
Net cash used by financing activities			(1,144	)			(695	)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $—and $12 related to discontinued operations)			(12	)			12
Net change in cash, cash equivalents and restricted cash			(744	)			(239	)
Cash, cash equivalents and restricted cash at beginning of period			3,341				2,177
Cash, cash equivalents and restricted cash at end of period			2,597				1,938
Less cash, cash equivalents and restricted cash of discontinued operations at end of period			—				223
Cash, cash equivalents and restricted cash of continuing operations at end of period		$	2,597			$	1,715

See Notes to Condensed Consolidated Financial Statements

 

8

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

(1) Formation of Genworth and Basis of Presentation

Genworth Holdings, Inc. (“Genworth Holdings”) (formerly known as Genworth Financial, Inc.) was incorporated in Delaware in 2003 in preparation for an initial public offering (“IPO”) of Genworth’s common stock, which was completed on May 28, 2004. On April 1, 2013, Genworth Holdings completed a holding company reorganization pursuant to which Genworth Holdings became a direct, 100% owned subsidiary of a new public holding company that it had formed. The new public holding company was incorporated in Delaware on December 5, 2012, in connection with the reorganization, and was renamed Genworth Financial, Inc. (“Genworth Financial”) upon the completion of the reorganization.

On October 21, 2016, Genworth Financial entered into an agreement and plan of merger (the “Merger Agreement”) with Asia Pacific Global Capital Co., Ltd. (“Parent”), a limited liability company incorporated in the People’s Republic of China and a subsidiary of China Oceanwide Holdings Group Co., Ltd., a limited liability company incorporated in the People’s Republic of China (together with its affiliates, “China Oceanwide”), and Asia Pacific Global Capital USA Corporation (“Merger Sub”), a Delaware corporation and a direct, wholly-owned subsidiary of Asia Pacific Insurance USA Holdings LLC (“Asia Pacific Insurance”), which is a Delaware limited liability company and owned by China Oceanwide, pursuant to which, subject to the terms and conditions set forth therein, Merger Sub would merge with and into Genworth Financial with Genworth Financial surviving the merger as a direct, wholly-owned subsidiary of Asia Pacific Insurance. China Oceanwide has agreed to acquire all of our outstanding common stock for a total transaction value of approximately $2.7 billion, or $5.43 per share in cash. At a special meeting held on March 7, 2017, Genworth Financial’s stockholders voted on and approved a proposal to adopt the Merger Agreement. The closing of the transaction remains subject to other closing conditions.

The accompanying unaudited condensed financial statements include on a consolidated basis the accounts of Genworth Financial and the affiliate companies in which it holds a majority voting interest or where it is the primary beneficiary of a variable interest entity (“VIE”). All intercompany accounts and transactions have been eliminated in consolidation.

References to “Genworth Financial,” “Genworth,” the “Company,” “we” or “our” in the accompanying unaudited condensed consolidated financial statements and the notes thereto are, unless the context otherwise requires, to Genworth Financial, Inc. on a consolidated basis.

We operate our business through the following four operating segments:

 

•

U.S. Mortgage Insurance. In the United States, we offer mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans (“flow mortgage insurance”). We selectively provide mortgage insurance on a bulk basis (“bulk mortgage insurance”) with essentially all of our bulk writings being prime-based.

 

•

Australia Mortgage Insurance. In Australia, we offer flow mortgage insurance and selectively provide bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk.

 

•

U.S. Life Insurance. We offer long-term care insurance products as well as service traditional life insurance and fixed annuity products in the United States.

 

•

Runoff. The Runoff segment includes the results of products which have not been actively sold since   2011 , but we continue to service our existing blocks of business. These products primarily include variable annuity, variable life insurance and corporate-owned life insurance, as well as funding agreements.

 

9

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

In addition to our four operating business segments, we also have Corporate and Other activities which include debt financing expenses that are incurred at the Genworth Holdings level, unallocated corporate income and expenses, eliminations of inter-segment transactions and the results of other businesses that are managed outside of our operating segments, including certain smaller international mortgage insurance businesses and discontinued operations.

On December 12, 2019, we completed the sale of Genworth MI Canada Inc. (“Genworth Canada”), our former Canada mortgage insurance business, to an affiliate of Brookfield Business Partners L.P. (“Brookfield”) and received approximately $1.7 billion in net cash proceeds. Prior to the sale, in the third quarter of 2019, Genworth Canada was reported as discontinued operations and its financial position, results of operations and cash flows were separately reported for all periods presented. All prior periods reflected herein have been

re-presented

on this basis. See note 14 for additional information related to discontinued operations.

Unless otherwise indicated, references to the condensed consolidated balance sheets, the condensed consolidated statements of income, the condensed consolidated statements of cash flows and the notes to the condensed consolidated financial statements, exclude amounts related to discontinued operations.

The accompanying condensed consolidated financial statements are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Preparing financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect reported amounts and related disclosures. Actual results could differ from those estimates. These unaudited condensed consolidated financial statements include all adjustments (including normal recurring adjustments) considered necessary by management to present a fair statement of the financial position, results of operations and cash flows for the periods presented. The results reported in these unaudited condensed consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. Potential impacts, risks and uncertainties of the coronavirus pandemic

(“COVID-19”)

may include investment valuations and impairments, commercial mortgage loan restructurings, deferred acquisition cost or intangible assets impairments or the acceleration of amortization, deferred tax asset recoverability and increases to insurance reserves, including higher claims reserves in our mortgage insurance businesses, among other matters. The unaudited condensed consolidated financial statements included herein should be read in conjunction with the audited consolidated financial statements and related notes contained in our 2019 Annual Report on Form

10-K.

Certain prior year amounts have been reclassified to conform to the current year presentation.

Each reporting period, we assess our ability to continue as a going concern for one year

from

the date the financial statements are issued. As of June 30, 2020, Genworth Holdings has $494 million of unrestricted cash and cash equivalents. For the quarterly period ended June 30, 2020, our evaluation of our ability to meet our obligations included the following contractual obligations due within one year from the issue date of our unaudited condensed consolidated financial statements included herein:

 

•

A partial settlement payment in the amount of £100 million ($125 million) paid to AXA S.A. (“AXA”) on  July 21 , 2020 in connection with a settlement reached regarding the case titled AXA S.A. v. Genworth Financial International Holdings, LLC et al. As part of the settlement agreement, we issued a secured promissory note agreeing to pay AXA two  installments in 2022. Under the settlement, certain cash flows to Genworth Holdings, including dividends and capital raises, above defined thresholds must be paid to AXA until the promissory note is fully repaid. In addition, over the next year, we expect to pay AXA approximately $25 million in interest on the promissory note, assuming we do not make any pre-payments, and we may make an additional one-time payment of approximately $40 million for an

 

 

10

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

unrelated liability and other expenses. See note 12 for additional details on the case. See note 14 for additional details related to the sale of our former lifestyle protection insurance business and amounts recorded related to loss from discontinued operations.

 

•

Genworth Holdings has $356 million of its 7.20% senior notes maturing in February 2021. We are currently in compliance with the terms of our debt agreements and interest payments on our senior notes are forecasted to be $158 million for the next twelve months. See note 9 for additional details on our long-term borrowings.

We also evaluate other conditions and events and their relative significance in relation to our ability to meet our obligations. As an example, we are exposed to risks associated with

COVID-19,

which has disrupted the global economy and financial markets, business operations, and consumer behavior and confidence.

 

•

Due to higher delinquencies and the impact to capital levels resulting from COVID-19, we do not expect to receive further dividends in 2020 from our mortgage insurance subsidiaries.

 

•

Due to the uncertain macroeconomic conditions surrounding COVID-19, on June 30, 2020, Genworth and China Oceanwide agreed to a fifteenth waiver and agreement extending the merger deadline to no later than September 30, 2020.   The consummation of this transaction is dependent on steps outside of our control; accordingly, the associated post-closing capital contributions from China Oceanwide have not been included in this evaluation.

While conditions and events occurring and expected to occur raise doubt about our ability to meet our financial obligations for the next year, management’s plans alleviate this doubt.

We are actively taking steps to raise capital to address our obligations, including a debt

financing

as well as, should our pending transaction with China Oceanwide not close, preparing for a 19.9% public offering of our U.S. mortgage insurance business subject to market conditions. We expect to

engage in

a debt

financing

through our U.S. mortgage insurance business later in 2020 which, along with existing cash and cash equivalents, would provide Genworth Holdings sufficient liquidity to meet its obligations and maintain business operations

for one

year from the issue date of the unaudited condensed consolidated financial statements. We believe this debt

financing

is probable to be effectively implemented given the value of the U.S. mortgage insurance business, the healthy conditions of the relevant credit markets, recent similar peer transactions and our history of similar refinancing transactions, among other factors.

The impact of the developing coronavirus pandemic is very difficult to predict

.

 

Its

related outcomes and impact on our business

and the capital markets, and our ability to raise capital

will depend on the length of the pandemic

, economic impacts of social, global and political influences, and the

shape of the economic recovery

, among other factors and uncertainties. While these risks exist, we

believe the execution of our plan will provide sufficient funds to meet our obligations for

one

year following the issuance of our unaudited condensed consolidated financial statements.

(2) Accounting Changes

Accounting Pronouncements Recently Adopted

On January 1, 2020, we adopted new accounting guidance related to disclosure requirements for defined benefit plans as part of the Financial Accounting Standards Board’s (the “FASB”) disclosure framework project. The guidance adds, eliminates and modifies certain disclosure requirements for defined benefit pension and other postretirement benefit plans. We adopted this new accounting guidance using the retrospective method, which did not have a significant impact on our condensed consolidated financial statements and disclosures.

 

11

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

On January 1, 2020, we adopted new accounting guidance related to fair value disclosure requirements as part of the FASB’s disclosure framework project. The guidance adds, eliminates and modifies certain disclosure requirements for fair value measurements. The guidance includes new disclosure requirements related to changes in unrealized gains and losses included in other comprehensive income (loss) for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements. We adopted this new accounting guidance using the prospective method for disclosures related to changes in unrealized gains and losses included in other comprehensive income (loss) for recurring Level 3 fair value measurements held at the end of the reporting period, the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements and the narrative description of measurement uncertainty and the retrospective method for all other disclosures. This accounting guidance did not impact our condensed consolidated financial statements but impacted our fair value disclosures.

In March 2020, the FASB issued new accounting guidance related to reference rate reform, which was effective for us on January 1, 2020. The guidance provides temporary guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform, which includes the transition away from the London Interbank Offered Rate (“LIBOR”). This new guidance provides optional practical expedients and exceptions for applying generally accepted accounting principles to investments, derivatives or other transactions affected by reference rate reform such as those that impact the assessment of derivative hedge effectiveness and contract modifications, to include continuing hedge accounting when certain critical terms of a hedging relationship change and modifying certain effectiveness assessments to exclude certain potential sources of ineffectiveness. In addition to the optional practical expedients, the guidance includes a general principle that permits an entity to consider contract modifications due to reference rate reform to be an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. We adopted this guidance prospectively and it did not have a significant impact on our condensed consolidated financial statements or disclosures. However, the amendments in this guidance may be elected over time through December 31, 2022 as reference rate reform activities occur and therefore, this guidance may impact our procedures, including our process for assessing the effectiveness of our cash flow hedging relationships, determined on an individual hedge basis, as we implement measures to transition away from LIBOR.

On January 1, 2020, we adopted new accounting guidance related to accounting for credit losses on financial instruments.

The guidance requires entities to recognize an allowance equal to its estimate of lifetime expected credit losses and applies to most financial instruments not measured at fair value, which primarily includes our commercial mortgage loans, bank loan investments and reinsurance recoverables. The new guidance also requires the recognition of an allowance for expected credit losses as a liability in our consolidated balance sheet for off-balance

sheet

credit exposures, including commitments to fund bank loan investments, private placement investments and commercial mortgage loans. The new guidance did not have a significant impact on other assets not measured at fair value. The FASB also issued an amendment to the guidance allowing entities to irrevocably elect the fair value option on an instrument-by-instrument basis for eligible instruments, which we did not elect.

For our commercial mortgage loans, we determine the adequacy of the allowance for credit losses utilizing an analytical model that provides various loss scenarios based on historical experience adjusted for current events, trends, economic conditions and reasonable and supportable forecasts that result in a loss in the loan portfolio over the estimated life of the loans. We revert to historical credit loss experience for periods beyond forecasts that are reasonable and supportable. The allowance for credit losses is measured on a collective basis with consideration for debt service coverage ratio,

debt-to-value,

property-type and geographic location. Key

 

12

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

inputs into the analytical model include exposure, weighted-average life, return, historical loss rates and forecast

 

scenarios. Actual amounts realized over time could differ from the amounts estimated for the allowance for credit losses reported in the condensed consolidated financial statements. Commercial mortgage loans are written off against the allowance to the extent principal or interest is deemed uncollectible. Accrued interest related to commercial mortgage loans is included in accrued investment income in our condensed consolidated balance sheet and had a carrying value of $

25

 million as of June 

30

,

2020

. We do not measure an allowance for credit losses related to accrued interest as uncollectible accrued interest related to our commercial mortgage loans are written off after

90

days and once

collectability

is determined to be uncertain and not probable. Amounts written off related to accrued interest are recorded as a credit loss expense included in net investment gains (losses).

We adopted the guidance related to our investments carried at amortized cost using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $23 million, net of deferred taxes of $6 million, for commercial mortgage loans and bank loan investments, with an offset to cumulative effect of change in accounting within retained earnings. See note 4 for additional disclosures related to commercial mortgage loans. We adopted the guidance related to our

off-balance

sheet credit exposures using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $1 million, included in other liabilities in our condensed consolidated balance sheet, with an offset to cumulative effect of change in accounting within retained earnings.

The allowance for credit losses for reinsurance recoverables is evaluated based on historical loss experience adjusted for current events and reasonable and supportable forecasts from both internal and external sources. The allowance is measured by reinsurer, taking into consideration the reinsured product type and collateral type, and is calculated based on an externally reported probability of default corresponding to the reinsurer’s credit rating and the expected duration of the reinsurer’s contractual obligation to reimburse us for ceded claims on the underlying policies. Our estimate of the allowance reflects consideration for collateral securing the reinsurance agreements and expected recoveries of amounts previously charged off and expected to be charged off. We also consider other credit risk factors, including, among other factors, the historical frequency and severity of the associated insurance claims, aging of recoverables and regulatory, legal and economic factors, to determine if an additional incremental allowance for credit losses is required. No reversion adjustments are necessary as the starting point for our allowance for credit losses reflects historical loss experience covering the expected duration of the reinsurer’s contractual obligation to reimburse us. If available facts and circumstances indicate the reinsurance recoverable does not reflect expectations consistent with the collective analysis, the reinsurance recoverable is assessed on a separate basis. Write-offs of reinsurance recoverables are deducted from the allowance in the period the reinsurance recoverable is determined to be uncollectible. We adopted the guidance related to our reinsurance recoverables using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $31 million, net of deferred taxes of $9 million, with an offset to cumulative effect of change in accounting within retained earnings. See note 8 for additional disclosures related to reinsurance recoverables.

The new guidance retains most of the existing impairment guidance for

available-for-sale

fixed maturity securities but amends the presentation of credit losses to reflect an allowance for credit losses as opposed to a write-down of the amortized cost of the investment and permits the reversal of credit losses through net income (loss) when reassessing changes in credit losses each reporting period.

Available-for-sale

fixed maturity securities in an unrealized loss position are evaluated to determine whether the decline in fair value is related to credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency/agencies and adverse conditions specifically related to the security, among other factors. If a credit loss exists, the present value of cash flows

13

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

expected to be collected from the security are compared to the amortized cost basis of the security. If the present

 

value of cash flows expected to be collected is less than the amortized cost basis, an allowance for credit losses is recorded, limited by the amount that the fair value is less than the amortized cost basis. Estimating the cash flows expected to be collected is a quantitative and qualitative process that incorporates information received from third-party sources along with internal assumptions and judgments. When developing the estimate of cash flows expected to be collected, we utilize an analytical model that provides for various loss scenarios and consider the industry sector, current levels of subordination, geographic location and other relevant characteristics of the security or underlying assets, as well as reasonable and supportable forecasts. Losses are written off against the allowance when deemed uncollectible or when we intend to sell or expect we will be required to sell a security prior to recovering our amortized cost. We exclude accrued interest related to

available-for-sale

fixed maturity securities from the estimate of allowance for credit losses. Accrued interest is included in accrued investment income in our condensed consolidated balance sheet and had a carrying value of $544 million as of June 30, 2020. We do not measure an allowance for credit losses related to accrued interest as uncollectible accrued interest related to our

available-for-sale

fixed maturity securities are written off after 90 days and once collectability is determined to be uncertain and not probable. Amounts written off related to accrued interest are recorded as a credit loss expense included in net investment gains (losses). We adopted the guidance related to our

available-for-sale

fixed maturity securities for which a previous other-than-temporary impairment was recognized prior to the date of adoption using the prospective method and the modified retrospective method for all other

available-for-sale

fixed maturity securities, which did not have any impact upon adoption.

Accounting Pronouncements Not Yet Adopted

In December 2019, the FASB issued new accounting guidance related to simplifying the accounting for income taxes. The guidance eliminates certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. The guidance is currently effective for us on January 1, 2021 using the retrospective method or modified retrospective method for certain changes and prospective method for all other changes, with early adoption permitted. We are in process of evaluating the impact the guidance may have on our consolidated financial statements and disclosures.

In August 2018, the FASB issued new accounting guidance that significantly changes the recognition and measurement of long-duration insurance contracts and expands disclosure requirements, which impacts our life insurance deferred acquisition costs (“DAC”) and liabilities. In accordance with the guidance, the more significant changes include:

 

•

assumptions will no longer be locked-in at contract inception and all cash flow assumptions used to estimate the liability for future policy benefits (except the discount rate) will be reviewed at least annually in the same period each year or more frequently if actual experience indicates a change is required. Changes will be recorded in net income (loss) using a retrospective approach with a cumulative catch-up adjustment by recalculating the net premium ratio (which will be capped at 100%) using actual historical and updated future cash flow assumptions;

 

•

the discount rate used to determine the liability for future policy benefits will be a current upper-medium grade (low credit risk) fixed-income instrument yield, which is generally interpreted to mean a single-A rated bond rate for the same duration, and is required to be reviewed quarterly, with changes in the discount rate recorded in other comprehensive income (loss);

 

•

the provision for adverse deviation and the premium deficiency test will be eliminated;

 

14

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

•

market risk benefits associated with deposit-type contracts will be measured at fair value with changes related to instrument-specific credit risk recorded in other comprehensive income (loss) and remaining changes recorded in net income (loss);

 

•

the amortization method for DAC will generally be on a straight-line basis over the expected contract term; and

 

•

disclosures will be greatly expanded to include significant assumptions and product liability rollforwards.

We expect this guidance to be effective for us on January 1, 2023, subject to the FASB finalizing an additional

one-year

delay, using the modified retrospective method, with early adoption permitted. Given the nature and extent of the changes to our operations, this guidance is expected to have a significant impact on our condensed consolidated financial statements.

 

15

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

(3) Earnings (Loss) Per Share

Basic and diluted earnings (loss) per share are calculated by dividing each income (loss) category presented below by the weighted-average basic and diluted common shares outstanding for the periods indicated:

 

		Three months ended								Six months ended
		June 30,								June 30,
(Amounts in millions, except per share amounts)		2020				2019				2020				2019
Weighted-average shares used in basic earnings per share calculations			505.4				503.4				504.8				502.3
Potentially dilutive securities:
Stock options, restricted stock units and stock appreciation rights			7.1				5.3				6.3				6.4
Weighted-average shares used in diluted earnings per share calculations			512.5				508.7				511.1				508.7
Income from continuing operations:
Income from continuing operations		$	102			$	158			$	30			$	326
Less: net income from continuing operations attributable to noncontrolling interests			23				15				17				35
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders		$	79			$	143			$	13			$	291
Basic per share		$	0.16			$	0.29			$	0.03			$	0.58
Diluted per share		$	0.15			$	0.28			$	0.03			$	0.57
Income (loss) from discontinued operations:
Income (loss) from discontinued operations, net of taxes		$	(520	)		$	60			$	(520	)		$	122
Less: net income from discontinued operations attributable to noncontrolling interests			—				35				—				71
Income (loss) from discontinued operations available to Genworth Financial, Inc.’s common stockholders		$	(520	)		$	25			$	(520	)		$	51
Basic per share		$	(1.03	)		$	0.05			$	(1.03	)		$	0.10
Diluted per share		$	(1.01	)		$	0.05			$	(1.02	)		$	0.10
Net income (loss):
Income from continuing operations		$	102			$	158			$	30			$	326
Income (loss) from discontinued operations, net of taxes			(520	)			60				(520	)			122
Net income (loss)			(418	)			218				(490	)			448
Less: net income attributable to noncontrolling interests			23				50				17				106
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(441	)		$	168			$	(507	)		$	342
Basic per share (1)		$	(0.87	)		$	0.33			$	(1.00	)		$	0.68
Diluted per share		$	(0.86	)		$	0.33			$	(0.99	)		$	0.67

 

(1)	May not total due to whole number calculation.

 

16

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

(4) Investments

(a) Net Investment Income

Sources of net investment income were as follows for the periods indicated:

 

		Three months ended								Six months ended
		June 30,								June 30,
(Amounts in millions)		2020				2019				2020				2019
Fixed maturity securities—taxable		$	601			$	634			$	1,223			$	1,247
Fixed maturity securities—non-taxable			1				2				3				4
Equity securities			2				5				4				9
Commercial mortgage loans			84				85				169				167
Policy loans			49				45				98				91
Other invested assets			66				59				113				118
Cash, cash equivalents, restricted cash and short-term investments			4				11				15				22
Gross investment income before expenses and fees			807				841				1,625				1,658
Expenses and fees			(21	)			(25	)			(46	)			(48	)
Net investment income		$	786			$	816			$	1,579			$	1,610

(b) Net Investment Gains (Losses)

The following table sets forth net investment gains (losses) for the periods indicated:

 

		Three months ended								Six months ended
		June 30,								June 30,
(Amounts in millions)		2020				2019				2020				2019
Available-for-sale fixed maturity securities:
Realized gains		$	119			$	10			$	133			$	74
Realized losses			(5	)			(21	)			(6	)			(27	)
Net realized gains (losses) on available-for-sale fixed maturity securities			114				(11	)			127				47
Impairments:
Total other-than-temporary impairments			—				—				—				—
Portion of other-than-temporary impairments included in other comprehensive income (loss)			—				—				—				—
Net other-than-temporary impairments			—				—				—				—
Net change in allowance for credit losses on available-for-sale fixed maturity securities			(7	)			—				(7	)			—
Net realized gains (losses) on equity securities sold			—				—				—				3
Net unrealized gains (losses) on equity securities still held			9				5				(10	)			17
Limited partnerships			37				(11	)			(3	)			4
Commercial mortgage loans			1				1				1				—
Derivative instruments (1)			10				(30	)			(95	)			(42	)
Other			(5	)			—				(6	)			—
Net investment gains (losses)		$	159			$	(46	)		$	7			$	29

 

(1)	See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).

 

17

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

See note 2 for a discussion of our policy for evaluating and measuring the allowance for credit losses related to our

available-for-sale

fixed maturity securities. The following table represents the allowance for credit losses aggregated by security type for

available-for-sale

fixed maturity investments as of and for the three and six months ended June 30, 2020:

 

						Increase from				Increase
						securities				(decrease)								Decrease
						without				from securities								due to change
						allowance in				with allowance								in intent or
		Beginning				previous				in previous				Securities				requirement												Ending
(Amounts in millions)		balance				periods				periods				sold				to sell				Write-offs				Recoveries				balance
Fixed maturity securities:
Non-U.S. corporate		$	—			$	4			$	—			$	—			$	—			$	—			$	—			$	4
Commercial mortgage-backed			—				3				—				—				—				—				—				3
Total available-for-sale fixed maturity securities		$	—			$	7			$	—			$	—			$	—			$	—			$	—			$	7

The following represents the activity for credit losses recognized in net income (loss) on debt securities where an other-than-temporary impairment was identified and a portion of other-than-temporary impairments was included in other comprehensive income (“OCI”) as of and for the periods indicated:

 

		Three months				Six months
		ended				ended
		June 30,				June 30,
(Amounts in millions)		2019				2019
Beginning balance		$	23			$	24
Reductions:
Securities sold, paid down or disposed			—				(1	)
Ending balance		$	23			$	23

 

18

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

(c) Unrealized Investment Gains and Losses

Net unrealized gains and losses on

available-for-sale

investment securities reflected as a separate component of accumulated other comprehensive income (loss) were as follows as of the dates indicated:

 

(Amounts in millions)		June 30, 2020				December 31, 2019
Net unrealized gains (losses) on fixed maturity securities without an allowance for credit losses (1)		$	8,766			$	6,676
Net unrealized gains (losses) on fixed maturity securities with an allowance for credit losses (1)			(10	)			—
Adjustments to deferred acquisition costs, present value of future profits, sales inducements and benefit reserves			(6,420	)			(4,789	)
Income taxes, net			(501	)			(406	)
Net unrealized investment gains (losses)			1,835				1,481
Less: net unrealized investment gains (losses) attributable to noncontrolling interests			24				25
Net unrealized investment gains (losses) attributable to Genworth Financial, Inc.		$	1,811			$	1,456

 

(1)	Excludes foreign exchange.

The change in net unrealized gains (losses) on

available-for-sale

investment securities reported in accumulated other comprehensive income (loss) was as follows as of and for the periods indicated:

 

		As of or for the
		three months ended
		June 30,
(Amounts in millions)		2020				2019
Beginning balance		$	1,140			$	943
Unrealized gains (losses) arising during the period:
Unrealized gains (losses) on fixed maturity securities			3,911				1,957
Adjustment to deferred acquisition costs			(111	)			(52	)
Adjustment to present value of future profits			5				(2	)
Adjustment to sales inducements			(34	)			(12	)
Adjustment to benefit reserves			(2,802	)			(1,412	)
Provision for income taxes			(207	)			(104	)
Change in unrealized gains (losses) on investment securities			762				375
Reclassification adjustments to net investment (gains) losses, net of taxes of $24 and $(1)			(88	)			1
Change in net unrealized investment gains (losses)			674				376
Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests			3				14
Ending balance		$	1,811			$	1,305

 

19

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

		As of or for the
		six months ended
		June 30,
(Amounts in millions)		2020				2019
Beginning balance		$	1,456			$	595
Unrealized gains (losses) arising during the period:
Unrealized gains (losses) on fixed maturity securities			2,199				3,956
Adjustment to deferred acquisition costs			57				(1,041	)
Adjustment to present value of future profits			4				(55	)
Adjustment to sales inducements			2				(31	)
Adjustment to benefit reserves			(1,694	)			(1,800	)
Provision for income taxes			(120	)			(227	)
Change in unrealized gains (losses) on investment securities			448				802
Reclassification adjustments to net investment (gains) losses, net of taxes of $25 and $12			(94	)			(46	)
Change in net unrealized investment gains (losses)			354				756
Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests			(1	)			46
Ending balance		$	1,811			$	1,305

Amounts reclassified out of accumulated other comprehensive income (loss) to net investment gains (losses) include realized gains (losses) on sales of securities, which are determined on a specific identification basis.

 

20

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

(d) Fixed Maturity Securities

As of June 30, 2020, the amortized cost or cost, gross unrealized gains (losses), allowance for credit losses and fair value of our fixed maturity securities classified as

available-for-sale

were as follows:

 

		Amortized				Gross				Gross				Allowance
		cost or				unrealized				unrealized				for credit				Fair
(Amounts in millions)		cost				gains				losses				losses				value
Fixed maturity securities:
U.S. government, agencies and government-sponsored enterprises		$	3,877			$	1,725			$	—			$	—			$	5,602
State and political subdivisions			2,503				496				(1	)			—				2,998
Non-U.S. government			1,424				125				(7	)			—				1,542
U.S. corporate:
Utilities			4,392				879				(1	)			—				5,270
Energy			2,454				203				(63	)			—				2,594
Finance and insurance			7,400				1,017				(14	)			—				8,403
Consumer—non-cyclical			5,132				1,147				(2	)			—				6,277
Technology and communications			2,912				503				(4	)			—				3,411
Industrial			1,350				157				(4	)			—				1,503
Capital goods			2,580				454				(6	)			—				3,028
Consumer—cyclical			1,748				224				(6	)			—				1,966
Transportation			1,335				254				(24	)			—				1,565
Other			340				38				—				—				378
Total U.S. corporate			29,643				4,876				(124	)			—				34,395
Non-U.S. corporate:
Utilities			811				68				—				—				879
Energy			1,141				148				(14	)			—				1,275
Finance and insurance			2,199				284				(16	)			(1	)			2,466
Consumer—non-cyclical			692				86				(1	)			—				777
Technology and communications			1,066				182				(1	)			—				1,247
Industrial			883				116				(4	)			—				995
Capital goods			565				50				(2	)			—				613
Consumer—cyclical			380				27				—				—				407
Transportation			560				84				(6	)			(3	)			635
Other			1,376				218				(3	)			—				1,591
Total non-U.S. corporate			9,673				1,263				(47	)			(4	)			10,885
Residential mortgage-backed			1,927				259				(2	)			—				2,184
Commercial mortgage-backed			2,800				225				(52	)			(3	)			2,970
Other asset-backed			2,987				30				(49	)			—				2,968
Total available-for-sale fixed maturity securities		$	54,834			$	8,999			$	(282	)		$	(7	)		$	63,544

 

21

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

As of December 31, 2019, the amortized cost or cost, gross unrealized gains (losses) and fair value of our fixed maturity securities classified as

available-for-sale

were as follows:

 

						Gross unrealized gains								Gross unrealized losses
		Amortized				Not other-than-				Other-than-				Not other-than-				Other-than-
		cost or				temporarily				temporarily				temporarily				temporarily				Fair
(Amounts in millions)		cost				impaired				impaired				impaired				impaired				value
Fixed maturity securities:
U.S. government, agencies and government-sponsored enterprises		$	4,073			$	952			$	—			$	—			$	—			$	5,025
State and political subdivisions			2,394				355				—				(2	)			—				2,747
Non-U.S. government			1,235				117				—				(2	)			—				1,350
U.S. corporate:
Utilities			4,322				675				—				—				—				4,997
Energy			2,404				303				—				(8	)			—				2,699
Finance and insurance			6,977				798				—				(1	)			—				7,774
Consumer—non-cyclical			4,909				796				—				(4	)			—				5,701
Technology and communications			2,883				363				—				(1	)			—				3,245
Industrial			1,271				125				—				—				—				1,396
Capital goods			2,345				367				—				(1	)			—				2,711
Consumer—cyclical			1,590				172				—				(2	)			—				1,760
Transportation			1,320				187				—				(1	)			—				1,506
Other			292				30				—				—				—				322
Total U.S. corporate			28,313				3,816				—				(18	)			—				32,111
Non-U.S. corporate:
Utilities			779				50				—				—				—				829
Energy			1,140				179				—				—				—				1,319
Finance and insurance			2,087				232				—				—				—				2,319
Consumer—non-cyclical			631				55				—				(2	)			—				684
Technology and communications			1,010				128				—				—				—				1,138
Industrial			896				92				—				—				—				988
Capital goods			565				40				—				—				—				605
Consumer—cyclical			373				24				—				—				—				397
Transportation			557				73				—				(1	)			—				629
Other			1,431				188				—				(2	)			—				1,617
Total non-U.S. corporate			9,469				1,061				—				(5	)			—				10,525
Residential mortgage-backed			2,057				199				15				(1	)			—				2,270
Commercial mortgage-backed			2,897				137				—				(8	)			—				3,026
Other asset-backed			3,262				30				—				(7	)			—				3,285
Total available-for-sale fixed maturity securities		$	53,700			$	6,667			$	15			$	(43	)		$	—			$	60,339

 

22

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents the gross unrealized losses and fair values of our fixed maturity securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of June 30, 2020:

 

		Less than 12 months												12 months or more												Total
						Gross												Gross												Gross
		Fair				unrealized				Number of				Fair				unrealized				Number of				Fair				unrealized				Number of
(Dollar amounts in millions)		value				losses				securities				value				losses				securities				value				losses				securities
Description of Securities
Fixed maturity securities:
State and political subdivisions		$	23			$	(1	)			6			$	—			$	—				—			$	23			$	(1	)			6
Non-U.S. government			207				(7	)			18				—				—				—				207				(7	)			18
U.S. corporate			1,785				(107	)			291				182				(17	)			18				1,967				(124	)			309
Non-U.S. corporate			613				(37	)			125				12				(2	)			2				625				(39	)			127
Residential mortgage-backed			36				(1	)			11				8				(1	)			4				44				(2	)			15
Commercial mortgage-backed			625				(50	)			105				—				—				—				625				(50	)			105
Other asset-backed			1,329				(38	)			291				263				(11	)			62				1,592				(49	)			353
Total for fixed maturity securities in an unrealized loss position		$	4,618			$	(241	)			847			$	465			$	(31	)			86			$	5,083			$	(272	)			933
% Below cost:
<20% Below cost		$	4,538			$	(211	)			825			$	442			$	(24	)			83			$	4,980			$	(235	)			908
20%-50% Below cost			80				(30	)			22				22				(6	)			2				102				(36	)			24
>50% Below cost			—				—				—				1				(1	)			1				1				(1	)			1
Total for fixed maturity securities in an unrealized loss position		$	4,618			$	(241	)			847			$	465			$	(31	)			86			$	5,083			$	(272	)			933
Investment grade		$	3,731			$	(163	)			701			$	330			$	(18	)			71			$	4,061			$	(181	)			772
Below investment grade			887				(78	)			146				135				(13	)			15				1,022				(91	)			161
Total for fixed maturity securities in an unrealized loss position		$	4,618			$	(241	)			847			$	465			$	(31	)			86			$	5,083			$	(272	)			933

 

23

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents the gross unrealized losses and fair values of our corporate securities, for which an allowance for credit loss has not been recorded, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of June 30, 2020:

 

		Less than 12 months												12 months or more												Total
						Gross												Gross												Gross
		Fair				unrealized				Number of				Fair				unrealized				Number of				Fair				unrealized				Number of
(Dollar amounts in millions)		value				losses				securities				value				losses				securities				value				losses				securities
Description of Securities
U.S. corporate:
Utilities		$	35			$	(1	)			6			$	—			$	—				—			$	35			$	(1	)			6
Energy			594				(50	)			93				88				(13	)			11				682				(63	)			104
Finance and insurance			429				(14	)			56				—				—				—				429				(14	)			56
Consumer—non-cyclical			80				(1	)			17				43				(1	)			2				123				(2	)			19
Technology and communications			89				(4	)			20				—				—				—				89				(4	)			20
Industrial			98				(4	)			9				—				—				—				98				(4	)			9
Capital goods			90				(5	)			14				14				(1	)			1				104				(6	)			15
Consumer—cyclical			181				(4	)			32				37				(2	)			4				218				(6	)			36
Transportation			189				(24	)			44				—				—				—				189				(24	)			44
Subtotal, U.S. corporate securities			1,785				(107	)			291				182				(17	)			18				1,967				(124	)			309
Non-U.S. corporate:
Energy			150				(14	)			23				—				—				—				150				(14	)			23
Finance and insurance			215				(10	)			43				—				—				—				215				(10	)			43
Consumer—non-cyclical			—				—				—				6				(1	)			1				6				(1	)			1
Technology and communications			34				(1	)			16				—				—				—				34				(1	)			16
Industrial			80				(4	)			11				—				—				—				80				(4	)			11
Capital goods			62				(2	)			8				—				—				—				62				(2	)			8
Transportation			42				(4	)			15				—				—				—				42				(4	)			15
Other			30				(2	)			9				6				(1	)			1				36				(3	)			10
Subtotal, non-U.S. corporate securities			613				(37	)			125				12				(2	)			2				625				(39	)			127
Total for corporate securities in an unrealized loss position		$	2,398			$	(144	)			416			$	194			$	(19	)			20			$	2,592			$	(163	)			436

We did not recognize an allowance for credit losses on securities in an unrealized loss position included in the tables above. Based on a qualitative and quantitative review of the issuers of the securities, we believe the decline in fair value is largely due to recent market volatility and is not indicative of credit losses. The issuers continue to make timely principal and interest payments. For all securities in an unrealized loss position without an allowance for credit losses, we expect to recover the amortized cost based on our estimate of the amount and timing of cash flows to be collected. We do not intend to sell nor do we expect that we will be required to sell these securities prior to recovering our amortized cost.

 

24

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents the gross unrealized losses and fair values of our fixed maturity securities, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of December 31, 2019:

 

		Less than 12 months												12 months or more												Total
(Dollar amounts in millions)		Fair value				Gross unrealized losses				Number   of securities				Fair value				Gross unrealized losses				Number   of securities				Fair value				Gross unrealized losses				Number   of securities
Description of Securities
Fixed maturity securities:
State and political subdivisions		$	91			$	(2	)			14			$	—			$	—				—			$	91			$	(2	)			14
Non-U.S. government			224				(2	)			20				—				—				—				224				(2	)			20
U.S. corporate			123				(5	)			27				302				(13	)			33				425				(18	)			60
Non-U.S. corporate			79				(1	)			12				62				(4	)			7				141				(5	)			19
Residential mortgage-backed			22				(1	)			10				—				—				—				22				(1	)			10
Commercial mortgage-backed			381				(5	)			51				14				(3	)			3				395				(8	)			54
Other asset-backed			532				(2	)			97				439				(5	)			115				971				(7	)			212
Total for fixed maturity securities in an unrealized loss position		$	1,452			$	(18	)			231			$	817			$	(25	)			158			$	2,269			$	(43	)			389
% Below cost:
<20% Below cost		$	1,452			$	(18	)			231			$	807			$	(20	)			155			$	2,259			$	(38	)			386
20%-50% Below cost			—				—				—				10				(5	)			3				10				(5	)			3
Total for fixed maturity securities in an unrealized loss position		$	1,452			$	(18	)			231			$	817			$	(25	)			158			$	2,269			$	(43	)			389
Investment grade		$	1,408			$	(14	)			223			$	702			$	(15	)			145			$	2,110			$	(29	)			368
Below investment grade			44				(4	)			8				115				(10	)			13				159				(14	)			21
Total for fixed maturity securities in an unrealized loss position		$	1,452			$	(18	)			231			$	817			$	(25	)			158			$	2,269			$	(43	)			389

 

2

5

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents the gross unrealized losses and fair values of our corporate securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of December 31, 2019:

 

		Less than 12 months												12 months or more												Total
(Dollar amounts in millions)		Fair value				Gross unrealized losses				Number of securities				Fair value				Gross unrealized losses				Number of securities				Fair value				Gross unrealized losses				Number of securities
Description of Securities
U.S. corporate:
Energy		$	54			$	(3	)			10			$	80			$	(5	)			10			$	134			$	(8	)			20
Finance and insurance			—				—				—				34				(1	)			4				34				(1	)			4
Consumer—non-cyclical			34				(1	)			9				93				(3	)			9				127				(4	)			18
Technology and communications			—				—				—				18				(1	)			2				18				(1	)			2
Capital goods			35				(1	)			8				—				—				—				35				(1	)			8
Consumer—cyclical			—				—				—				54				(2	)			6				54				(2	)			6
Transportation			—				—				—				23				(1	)			2				23				(1	)			2
Subtotal, U.S. corporate securities			123				(5	)			27				302				(13	)			33				425				(18	)			60
Non-U.S. corporate:
Consumer—non-cyclical			—				—				—				31				(2	)			3				31				(2	)			3
Transportation			—				—				—				25				(1	)			3				25				(1	)			3
Other			79				(1	)			12				6				(1	)			1				85				(2	)			13
Subtotal, non-U.S. corporate securities			79				(1	)			12				62				(4	)			7				141				(5	)			19
Total for corporate securities in an unrealized loss position		$	202			$	(6	)			39			$	364			$	(17	)			40			$	566			$	(23	)			79

The scheduled maturity distribution of fixed maturity securities as of June 30, 2020 is set forth below. Actual maturities may differ from contractual maturities because issuers of securities may have the right to call or prepay obligations with or without call or prepayment penalties.

 

(Amounts in millions)		Amortized cost or cost				Fair value
Due one year or less		$	1,494			$	1,517
Due after one year through five years			9,518				10,054
Due after five years through ten years			12,978				14,478
Due after ten years			23,130				29,373
Subtotal			47,120				55,422
Residential mortgage-backed			1,927				2,184
Commercial mortgage-backed			2,800				2,970
Other asset-backed			2,987				2,968
Total		$	54,834			$	63,544

 

2

6

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

As of June 30, 2020, securities issued by finance and insurance,

consumer—non-cyclical,

utilities and technology and communications industry groups represented approximately 24%, 16%, 14% and 10%, respectively, of our domestic and foreign corporate fixed maturity securities portfolio. No other industry group comprised more than 10% of our investment portfolio.

As of June 30, 2020, we did not hold any fixed maturity securities in any single issuer, other than securities issued or guaranteed by the U.S. government, which exceeded 10% of stockholders’ equity.

(e) Commercial Mortgage Loans

Our mortgage loans are collateralized by commercial properties, including multi-family residential buildings. The carrying value of commercial mortgage loans is stated at original cost net of principal payments, amortization and allowance for credit losses.

We diversify our commercial mortgage loans by both property type and geographic region. The following tables set forth the distribution across property type and geographic region for commercial mortgage loans as of the dates indicated:

 

		June 30, 2020								December 31, 2019
(Amounts in millions)		Carrying value				% of total				Carrying value				% of total
Property type:
Retail		$	2,531				36	%		$	2,590				37	%
Industrial			1,655				24				1,670				24
Office			1,636				24				1,632				23
Apartments			583				8				541				8
Mixed use			279				4				281				4
Other			261				4				266				4
Subtotal			6,945				100	%			6,980				100	%
Unamortized balance of loan origination fees			—								(4	)
Allowance for credit losses			(28	)							(13	)
Total		$	6,917							$	6,963

 

2

7

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

		June 30, 2020								December 31, 2019
(Amounts in millions)		Carrying value				% of total				Carrying value				% of total
Geographic region:
South Atlantic		$	1,751				25	%		$	1,715				25	%
Pacific			1,623				23				1,673				24
Middle Atlantic			989				14				992				14
Mountain			765				11				753				11
West North Central			476				7				488				7
East North Central			457				7				455				6
West South Central			436				6				433				6
New England			254				4				257				4
East South Central			194				3				214				3
Subtotal			6,945				100	%			6,980				100	%
Unamortized balance of loan origination fees			—								(4	)
Allowance for credit losses			(28	)							(13	)
Total		$	6,917							$	6,963

The following tables set forth the aging of past due commercial mortgage loans by property type as of the dates indicated:

 

		June 30, 2020
(Amounts in millions)		31 - 60 days past due				61 - 90 days past due				Greater than 90 days past due				Total past due				Current				Total
Property type:
Retail		$	10			$	—			$	—			$	10			$	2,521			$	2,531
Industrial			—				—				—				—				1,655				1,655
Office			—				—				—				—				1,636				1,636
Apartments			—				—				—				—				583				583
Mixed use			—				—				—				—				279				279
Other			—				—				—				—				261				261
Total amortized cost		$	10			$	—			$	—			$	10			$	6,935			$	6,945
% of total commercial mortgage loans			—	%			—	%			—	%			—	%			100	%			100	%

 

2

8

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

		December 31, 2019
(Amounts in millions)		31 - 60 days past due				61 - 90 days past due				Greater than 90 days past due				Total past due				Current				Total
Property type:
Retail		$	—			$	—			$	—			$	—			$	2,590			$	2,590
Industrial			—				—				—				—				1,670				1,670
Office			—				—				—				—				1,632				1,632
Apartments			—				—				—				—				541				541
Mixed use			—				—				—				—				281				281
Other			—				—				—				—				266				266
Total recorded investment		$	—			$	—			$	—			$	—			$	6,980			$	6,980
% of total commercial mortgage loans			—	%			—	%			—	%			—	%			100	%			100	%

For a discussion of our policy related to placing commercial mortgage loans on

non-accrual

status, see Note 2—Summary of Significant Accounting Policies included in the Notes to Consolidated Financial Statements in our 2019 Annual Report on Form

10-K.

As of June 30, 2020 and December 31, 2019, we had no commercial mortgage loans on

non-accrual

status.

During the six months ended June 30, 2020 and the year ended December 31, 2019, we did not have any modifications or extensions that were considered troubled debt restructurings.

The following table sets forth the allowance for credit losses related to commercial mortgage loans as of or for the periods indicated:

 

		Three months ended June 30,								Six months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Allowance for credit losses:
Beginning balance		$	29			$	10			$	13			$	9
Cumulative effect of change in accounting			—				—				16				—
Provision			(1	)			1				(1	)			2
Write-offs			—				—				—				—
Recoveries			—				—				—				—
Ending balance		$	28			$	11			$	28			$	11

In evaluating the credit quality of commercial mortgage loans, we assess the performance of the underlying loans using both quantitative and qualitative criteria. Certain risks associated with commercial mortgage loans can be evaluated by reviewing both the

debt-to-value

and debt service coverage ratio to understand both the probability of the borrower not being able to make the necessary loan payments as well as the ability to sell the underlying property for an amount that would enable us to recover our unpaid principal balance in the event of default by the borrower. The average

debt-to-value

ratio is based on our most recent estimate of the fair value for the underlying property which is evaluated at least annually and updated more frequently if necessary to better indicate risk associated with the loan. A lower

debt-to-value

indicates that our loan value is more likely to be recovered in the event of default by the borrower if the property was sold. The debt service coverage ratio is based on “normalized” annual income of the property compared to the payments required under the terms of the loan. Normalization allows for the removal of annual

one-time

events such as capital expenditures, prepaid or 

 

2

9

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

late real estate tax payments or

non-recurring

third-party fees (such as legal, consulting or contract fees). This ratio is evaluated at least annually and updated more frequently if necessary to better indicate risk associated with the loan. A higher debt service coverage ratio indicates the borrower is less likely to default on the loan. The debt service coverage ratio is not used without considering other factors associated with the borrower, such as the borrower’s liquidity or access to other resources that may result in our expectation that the borrower will continue to make the future scheduled payments. 

 

The following tables set forth the

debt-to-value

of commercial mortgage loans by property type as of the dates indicated:

 

		June 30, 2020
(Amounts in millions)		0% - 50%				51% - 60%				61% - 75%				76% - 100%				Greater than 100%				Total
Property type:
Retail		$	963			$	572			$	996			$	—			$	—			$	2,531
Industrial			758				344				553				—				—				1,655
Office			530				359				739				8				—				1,636
Apartments			218				98				267				—				—				583
Mixed use			104				67				108				—				—				279
Other			57				65				139				—				—				261
Total amortized cost		$	2,630			$	1,505			$	2,802			$	8			$	—			$	6,945
% of total			38	%			22	%			40	%			—	%			—	%			100	%
Weighted-average debt service coverage ratio			2.31				1.80				1.56				1.42				—				1.90

 

		December 31, 2019
(Amounts in millions)		0% - 50%				51% - 60%				61% - 75%				76% - 100%				Greater than 100%				Total
Property type:
Retail		$	986			$	579			$	1,025			$	—			$	—			$	2,590
Industrial			808				337				525				—				—				1,670
Office			529				380				723				—				—				1,632
Apartments			211				110				220				—				—				541
Mixed use			104				70				107				—				—				281
Other			56				69				141				—				—				266
Total recorded investment		$	2,694			$	1,545			$	2,741			$	—			$	—			$	6,980
% of total			39	%			22	%			39	%			—	%			—	%			100	%
Weighted-average debt service coverage ratio			2.32				1.81				1.55				—				—				1.90

 

30

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables set forth the debt service coverage ratio for fixed rate commercial mortgage loans by property type as of the dates indicated:

 

		June 30, 2020
(Amounts in millions)		Less than 1.00				1.00 - 1.25				1.26 - 1.50				1.51 - 2.00				Greater than 2.00				Total
Property type:
Retail		$	63			$	136			$	599			$	1,118			$	615			$	2,531
Industrial			24				64				215				670				682				1,655
Office			28				112				269				751				476				1,636
Apartments			11				25				178				184				185				583
Mixed use			3				18				37				106				115				279
Other			33				145				19				31				33				261
Total amortized cost		$	162			$	500			$	1,317			$	2,860			$	2,106			$	6,945
% of total			3	%			7	%			19	%			41	%			30	%			100	%
Weighted-average debt-to-value			57	%			61	%			63	%			58	%			41	%			54	%

 

		December 31, 2019
(Amounts in millions)		Less than 1.00				1.00 - 1.25				1.26 - 1.50				1.51 - 2.00				Greater than 2.00				Total
Property type:
Retail		$	68			$	141			$	596			$	1,148			$	637			$	2,590
Industrial			24				51				221				658				716				1,670
Office			44				89				277				751				471				1,632
Apartments			16				32				129				175				189				541
Mixed use			4				16				37				107				117				281
Other			34				147				20				31				34				266
Total recorded investment		$	190			$	476			$	1,280			$	2,870			$	2,164			$	6,980
% of total			3	%			7	%			18	%			41	%			31	%			100	%
Weighted-average debt-to-value			59	%			61	%			63	%			58	%			41	%			54	%

 

3

1

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables set forth commercial mortgage loans by year of origination and credit quality indicator as of June 30, 2020:

 

(Amounts in millions)		2020				2019				2018				2017				2016				2015 and prior				Total
Debt-to-value:
0% - 50%		$	4			$	15			$	36			$	105			$	118			$	2,352			$	2,630
51% - 60%			29				33				190				289				155				809				1,505
61% - 75%			236				748				766				337				226				489				2,802
76% - 100%			—				—				8				—				—				—				8
Greater than 100%			—				—				—				—				—				—				—
Total amortized cost		$	269			$	796			$	1,000			$	731			$	499			$	3,650			$	6,945
Debt service coverage ratio:
Less than 1.00		$	—			$	—			$	33			$	3			$	—			$	126			$	162
1.00 - 1.25			39				12				107				73				13				256				500
1.26 - 1.50			62				359				261				97				88				450				1,317
1.51 - 2.00			130				357				505				322				268				1,278				2,860
Greater than 2.00			38				68				94				236				130				1,540				2,106
Total amortized cost		$	269			$	796			$	1,000			$	731			$	499			$	3,650			$	6,945
Write-offs, gross		$	—			$	—			$	—			$	—			$	—			$	—			$	—
Recoveries			—				—				—				—				—				—				—
Write-offs, net		$	—			$	—			$	—			$	—			$	—			$	—			$	—

(f) Limited Partnerships or Similar Entities

Limited partnerships are accounted for at fair value when our partnership interest is considered minor (generally less than 3% ownership in the limited partnerships) and we exercise no influence over operating and financial policies. If our ownership percentage exceeds that threshold, limited partnerships are accounted for using the equity method of accounting. In applying either method, we use financial information provided by the investee generally on a

one-to-three

month lag. However, for limited partnerships measured at fair value, we consider whether an adjustment to the estimated fair value is necessary when the measurement date is not aligned with our reporting date.

Investments in limited partnerships or similar entities are generally considered VIEs when the equity group lacks sufficient financial control. Generally, these investments are limited partner or

non-managing

member equity investments in a widely held fund that is sponsored and managed by a reputable asset manager. We are not the primary beneficiary of any VIE investment in a limited partnership or similar entity. As of June 30, 2020 and December 31, 2019, the total carrying value of these investments was $743 million and $616 million, respectively. Our maximum exposure to loss is equal to the outstanding carrying value and future funding commitments. We have not contributed, and do not plan to contribute, any additional financial or other support outside of what is contractually obligated.

(5) Derivative Instruments

Our business activities routinely deal with fluctuations in interest rates, equity prices, currency exchange rates and other asset and liability prices. We use derivative instruments to mitigate or reduce some of these risks.

 

3

2

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

We have established policies for managing each of these risks, including prohibitions on derivatives market-making and other speculative derivatives activities. These policies require the use of derivative instruments in concert with other techniques to reduce or mitigate these risks. While we use derivatives to mitigate or reduce risks, certain derivatives do not meet the accounting requirements to be designated as hedging instruments and are denoted as “derivatives not designated as hedges” in the following disclosures. For derivatives that meet the accounting requirements to be designated as hedges, the following disclosures for these derivatives are denoted as “derivatives designated as hedges,” which include cash flow hedges.

The following table sets forth our positions in derivative instruments as of the dates indicated:

 

		Derivative assets												Derivative liabilities
						Fair value												Fair value
(Amounts in millions)		Balance sheet   classification				June 30, 2020				December 31, 2019				Balance sheet   classification				June 30, 2020				December 31, 2019
Derivatives designated as hedges
Cash flow hedges:
Interest rate swaps			Other invested assets			$	939			$	197				Other liabilities			$	—			$	10
Foreign currency swaps			Other invested assets				17				4				Other liabilities				—				—
Total cash flow hedges							956				201								—				10
Total derivatives designated as hedges							956				201								—				10
Derivatives not designated as hedges
Equity index options			Other invested assets				66				81				Other liabilities				—				—
Financial futures			Other invested assets				—				—				Other liabilities				—				—
Other foreign currency contracts			Other invested assets				2				8				Other liabilities				1				1
GMWB embedded derivatives			Reinsurance   recoverable (1)				38				20				Policyholder account balances   (2)				559				323
Fixed index annuity embedded derivatives			Other assets				—				—				Policyholder account balances   (3)				447				452
Indexed universal life embedded derivatives			Reinsurance   recoverable				—				—				Policyholder account balances   (4)				23				19
Total derivatives not designated as hedges							106				109								1,030				795
Total derivatives						$	1,062			$	310							$	1,030			$	805

 

(1)	Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities.

(2)	Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

(3)	Represents the embedded derivatives associated with our fixed index annuity liabilities.

(4)	Represents the embedded derivatives associated with our indexed universal life liabilities.

The fair value of derivative positions presented above was not offset by the respective collateral amounts received or provided under these agreements.

 

3

3

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The activity associated with derivative instruments can generally be measured by the change in notional value over the periods presented. However, for GMWB embedded derivatives, fixed index annuity embedded derivatives and indexed universal life embedded derivatives, the change between periods is best illustrated by the number of policies. The following tables represent activity associated with derivative instruments as of the dates indicated:

 

(Notional in millions)		Measurement		December 31, 2019				Additions				Maturities/ terminations				June 30, 2020
Derivatives designated as hedges
Cash flow hedges:
Interest rate swaps		Notional		$	8,968			$	1,158			$	(1,880	)		$	8,246
Foreign currency swaps		Notional			110				—				—				110
Total cash flow hedges					9,078				1,158				(1,880	)			8,356
Total derivatives designated as hedges					9,078				1,158				(1,880	)			8,356
Derivatives not designated as hedges
Interest rate swaps		Notional			4,674				—				—				4,674
Equity index options		Notional			2,451				883				(1,126	)			2,208
Financial futures		Notional			1,182				3,082				(2,914	)			1,350
Other foreign currency contracts		Notional			628				3,009				(2,618	)			1,019
Total derivatives not designated as hedges					8,935				6,974				(6,658	)			9,251
Total derivatives				$	18,013			$	8,132			$	(8,538	)		$	17,607
(Number of policies)		Measurement		December 31, 2019				Additions				Maturities/ terminations				June 30, 2020
Derivatives not designated as hedges
GMWB embedded derivatives		Policies			25,623				—				(992	)			24,631
Fixed index annuity embedded derivatives		Policies			15,441				—				(668	)			14,773
Indexed universal life embedded derivatives		Policies			884				—				(28	)			856

Cash Flow Hedges

Certain derivative instruments are designated as cash flow hedges. The changes in fair value of these instruments are recorded as a component of OCI. We designate and account for the following as cash flow hedges when they have met the effectiveness requirements: (i) various types of interest rate swaps to convert floating rate investments to fixed rate investments; (ii) various types of interest rate swaps to convert floating rate liabilities into fixed rate liabilities; (iii) receive U.S. dollar fixed on foreign currency swaps to hedge the foreign currency cash flow exposure of foreign currency denominated investments; (iv) forward starting interest rate swaps to hedge against changes in interest rates associated with future fixed rate bond purchases and/or interest income; and (v) other instruments to hedge the cash flows of various forecasted transactions.

 

3

4

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table provides information about the

pre-tax

income (loss) effects of cash flow hedges for the three months ended June 30, 2020:

 

(Amounts in millions)		Gain (loss) recognized in OCI				Gain (loss) reclassified into net income (loss) from OCI				Classification of gain (loss) reclassified into net income (loss)		Gain (loss) recognized in net income (loss)				Classification of gain (loss) recognized in net income (loss)
Interest rate swaps hedging assets		$	(57	)		$	46			Net investment income		$	—			Net investment gains (losses)
Interest rate swaps hedging liabilities			1				—			Interest expense			—			Net investment gains (losses)
Foreign currency swaps			(4	)			—			Net investment income			—			Net investment gains (losses)
Total		$	(60	)		$	46					$	—

The following table provides information about the

pre-tax

income (loss) effects of cash flow hedges for the three months ended June 30, 2019:

 

(Amounts in millions)		Gain (loss) recognized in OCI				Gain (loss) reclassified into net income (loss) from OCI				Classification of gain (loss) reclassified into net income (loss)		Gain (loss) recognized in net income (loss)			Classification of gain (loss) recognized in net income (loss)
Interest rate swaps hedging assets		$	216			$	42			Net investment income		$	—		Net investment gains (losses)
Interest rate swaps hedging assets			—				(4	)		Net investment gains (losses)			—		Net investment gains (losses)
Interest rate swaps hedging liabilities			(20	)			—			Interest expense			—		Net investment gains (losses)
Foreign currency swaps			2				(1	)		Net investment income			—		Net investment gains (losses)
Total		$	198			$	37					$	—

The following table provides information about the

pre-tax

income (loss) effects of cash flow hedges for the six months ended June 30, 2020:

 

(Amounts in millions)		Gain (loss) recognized in OCI				Gain (loss) reclassified into net income (loss) from OCI				Classification of gain (loss) reclassified into net income (loss)		Gain (loss) recognized in net income (loss)			Classification of gain (loss) recognized in net income (loss)
Interest rate swaps hedging assets		$	984			$	89			Net investment income		$	—		Net investment gains (losses)
Interest rate swaps hedging assets			—				4			Net investment gains (losses)			—		Net investment gains (losses)
Interest rate swaps hedging liabilities			(62	)			—			Interest expense			—		Net investment gains (losses)
Foreign currency swaps			13				—			Net investment income			—		Net investment gains (losses)
Total		$	935			$	93					$	—

 

3

5

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table provides information about the

pre-tax

income (loss) effects of cash flow hedges for the six months ended June 30, 2019:

 

(Amounts in millions)		Gain (loss) recognized in OCI				Gain (loss) reclassified into net income (loss) from OCI				Classification of gain (loss) reclassified into net income (loss)		Gain (loss) recognized in net income (loss)				Classification of gain (loss) recognized in net income (loss)
Interest rate swaps hedging assets		$	353			$	80			Net investment income		$	—			Net investment gains (losses)
Interest rate swaps hedging assets			—				2			Net investment gains (losses)			—			Net investment gains (losses)
Interest rate swaps hedging liabilities			(32	)			—			Interest expense			—			Net investment gains (losses)
Foreign currency swaps			(1	)			(1	)		Net investment income			—			Net investment gains (losses)
Foreign currency swaps			—				—			Net investment gains (losses)			2			Net investment gains (losses)
Total		$	320			$	81					$	2

The following tables provide a reconciliation of current period changes, net of applicable income taxes, for these designated derivatives presented in the separate component of stockholders’ equity labeled “derivatives qualifying as hedges,” for the periods indicated:

 

		Three months ended June 30,
(Amounts in millions)		2020				2019
Derivatives qualifying as effective accounting hedges as of April 1		$	2,755			$	1,850
Current period increases (decreases) in fair value, net of deferred taxes of $12 and $(41)			(48	)			157
Reclassification to net (income), net of deferred taxes of $16 and $13			(30	)			(24	)
Derivatives qualifying as effective accounting hedges as of June 30		$	2,677			$	1,983

 

		Six months ended June 30,
(Amounts in millions)		2020				2019
Derivatives qualifying as effective accounting hedges as of January 1		$	2,002			$	1,781
Current period increases (decreases) in fair value, net of deferred taxes of $(200) and $(66)			735				254
Reclassification to net (income), net of deferred taxes of $33 and $29			(60	)			(52	)
Derivatives qualifying as effective accounting hedges as of June 30		$	2,677			$	1,983

The total of derivatives designated as cash flow hedges of $2,677 million, net of taxes, recorded in stockholders’ equity as of June 30, 2020 is expected to be reclassified to net income (loss) in the future, concurrently with and primarily offsetting changes in interest expense and interest income on floating rate instruments and interest income on future fixed rate bond purchases. Of this amount, $123 million, net of taxes, is expected to be reclassified to net income (loss) in the next 12 months. Actual amounts may vary from this amount as a result of market conditions. All forecasted transactions associated with qualifying cash flow hedges are expected to occur by 2057. During the six months ended June 30, 2020 and 2019, we reclassified $1 million

 

3

6

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

and $2 million, respectively, to net income (loss) in connection with forecasted transactions that were no longer considered probable of occurring.

Derivatives Not Designated As Hedges

We also enter into certain

non-qualifying

derivative instruments such as: (i) interest rate swaps and financial futures to mitigate interest rate risk as part of managing regulatory capital positions; (ii) equity index options, equity return swaps, interest rate swaps and financial futures to mitigate the risks associated with liabilities that have guaranteed minimum benefits, fixed index annuities and indexed universal life; (iii) interest rate caps where the hedging relationship does not qualify for hedge accounting; (iv) foreign currency forward contracts to mitigate currency risk associated with

non-functional

currency investments held by certain foreign subsidiaries; and (v) foreign currency options and forward contracts to mitigate currency risk associated with future dividends or other cash flows from certain foreign subsidiaries to our holding company. Additionally, we provide GMWBs on certain variable annuities that are required to be bifurcated as embedded derivatives. We also offer fixed index annuity and indexed universal life insurance products and have reinsurance agreements with certain features that are required to be bifurcated as embedded derivatives.

The following table provides the

pre-tax

gain (loss) recognized in net income (loss) for the effects of derivatives not designated as hedges for the periods indicated:

		Three months ended June 30,								Classification of gain (loss) recognized in net income (loss)
(Amounts in millions)		2020				2019
Interest rate swaps		$	(2	)		$	(3	)		Net investment gains (losses)
Equity index options			4				10			Net investment gains (losses)
Financial futures			(123	)			17			Net investment gains (losses)
Other foreign currency contracts			44				(7	)		Net investment gains (losses)
GMWB embedded derivatives			129				(22	)		Net investment gains (losses)
Fixed index annuity embedded derivatives			(45	)			(20	)		Net investment gains (losses)
Indexed universal life embedded derivatives			3				(1	)		Net investment gains (losses)
Total derivatives not designated as hedges		$	10			$	(26	)

 

		Six months ended June 30,								Classification of gain (loss) recognized in net income (loss)
(Amounts in millions)		2020				2019
Interest rate swaps		$	(12	)		$	(4	)		Net investment gains (losses)
Equity index options			(9	)			27			Net investment gains (losses)
Financial futures			138				(27	)		Net investment gains (losses)
Other foreign currency contracts			(3	)			(7	)		Net investment gains (losses)
GMWB embedded derivatives			(207	)			23			Net investment gains (losses)
Fixed index annuity embedded derivatives			(13	)			(58	)		Net investment gains (losses)
Indexed universal life embedded derivatives			7				—			Net investment gains (losses)
Total derivatives not designated as hedges		$	(99	)		$	(46	)

 

3

7

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

Derivative Counterparty Credit Risk

Most of our derivative arrangements with counterparties require the posting of collateral upon meeting certain net exposure thresholds. The following table presents additional information about derivative assets and liabilities subject to an enforceable master netting arrangement as of the dates indicated:

 

		June 30, 2020												December 31, 2019
(Amounts in millions)		Derivative assets  (1)				Derivative liabilities  (2)				Net derivatives				Derivative assets  (1)				Derivative liabilities  (2)				Net derivatives
Amounts presented in the balance sheet:
Gross amounts recognized		$	1,024			$	1			$	1,023			$	291			$	11			$	280
Gross amounts offset in the balance sheet			—				—				—				—				—				—
Net amounts presented in the balance sheet			1,024				1				1,023				291				11				280
Gross amounts not offset in the balance sheet:
Financial instruments  (3)			(1	)			(1	)			—				(7	)			(7	)			—
Collateral received			(864	)			—				(864	)			(179	)			—				(179	)
Collateral pledged			—				(434	)			434				—				(405	)			405
Over collateralization			19				433				(414	)			18				401				(383	)
Net amount		$	178			$	(1	)		$	179			$	123			$	—			$	123

 

(1)	Included $1 million of accruals on derivatives classified as other assets as of December 31, 2019 and does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019.

(2)	Does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019.

(3)	Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.

(6) Fair Value of Financial Instruments

Recurring Fair Value Measurements

We have fixed maturity securities, short-term investments, equity securities, limited partnerships, derivatives, embedded derivatives, securities held as collateral, separate account assets and certain other financial instruments, which are carried at fair value. Below is a description of the valuation techniques and inputs used to determine fair value by class of instrument.

Fixed maturity, short-term investments and equity securities

The fair value of fixed maturity securities, short-term investments and equity securities are estimated primarily based on information derived from third-party pricing services (“pricing services”), internal models and/or broker quotes, which use a market approach, income approach or a combination of the market and income approach depending on the type of instrument and availability of information. In general, a market approach is utilized if there is readily available and relevant market activity for an individual security. In certain cases where market information is not available for a specific security but is available for similar securities, that security is valued using market information for similar securities, which is also a market approach. When market

 

3

8

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

information is not available for a specific security (or similar securities) or is available but such information is less relevant or reliable, an income approach or a combination of a market and income approach is utilized. For securities with optionality, such as call or prepayment features (including mortgage-backed or asset-backed securities), an income approach may be used. In addition, a combination of the results from market and income approaches may be used to estimate fair value. These valuation techniques may change from period to period, based on the relevance and availability of market data.

Further, while we consider the valuations provided by pricing services and broker quotes to be of high quality, management determines the fair value of our investment securities after considering all relevant and available information.

In general, we first obtain valuations from pricing services. If prices are unavailable for public securities, we obtain broker quotes. For all securities, excluding certain private fixed maturity securities, if neither a pricing service nor broker quotes valuation is available, we determine fair value using internal models. For certain private fixed maturity securities where we do not obtain valuations from pricing services, we utilize an internal model to determine fair value since transactions for similar securities are not readily observable and these securities are not typically valued by pricing services. 

Given our understanding of the pricing methodologies and procedures of pricing services, the securities valued by pricing services are typically classified as Level 2 unless we determine the valuation process for a security or group of securities utilizes significant unobservable inputs, which would result in the valuation being classified as Level 3.

Broker quotes are typically based on an income approach given the lack of available market data. As the valuation typically includes significant unobservable inputs, we classify the securities where fair value is based on our consideration of broker quotes as Level 3 measurements.

For private fixed maturity securities, we utilize an income approach where we obtain public bond spreads and utilize those in an internal model to determine fair value. Other inputs to the model include rating and weighted-average life, as well as sector which is used to assign the spread. We then add an additional premium, which represents an unobservable input, to the public bond spread to adjust for the liquidity and other features of our private placements. We utilize the estimated market yield to discount the expected cash flows of the security to determine fair value. We utilize price caps for securities where the estimated market yield results in a valuation that may exceed the amount that would be received in a market transaction. When a security does not have an external rating, we assign the security an internal rating to determine the appropriate public bond spread that should be utilized in the valuation. While we generally consider the public bond spreads by sector and maturity to be observable inputs, we evaluate the similarities of our private placement with the public bonds, any price caps utilized, liquidity premiums applied, and whether external ratings are available for our private placements to determine whether the spreads utilized would be considered observable inputs. We classify private securities without an external rating or public bond spread as Level 3. In general, a significant increase (decrease) in credit spreads would have resulted in a significant decrease (increase) in the fair value for our fixed maturity securities as of June 30, 2020.

For remaining securities priced using internal models, we determine fair value using an income approach. We maximize the use of observable inputs but typically utilize significant unobservable inputs to determine fair value. Accordingly, the valuations are typically classified as Level 3.

 

3

9

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

Our assessment of whether or not there were significant unobservable inputs related to fixed maturity securities was based on our observations obtained through the course of managing our investment portfolio, including interaction with other market participants, observations related to the availability and consistency of pricing and/or rating, and understanding of general market activity such as new issuance and the level of secondary market trading for a class of securities. Additionally, we considered data obtained from pricing services to determine whether our estimated values incorporate significant unobservable inputs that would result in the valuation being classified as Level 3.

A summary of the inputs used for our fixed maturity securities, short-term investments and equity securities based on the level in which instruments are classified is included below. We have combined certain classes of instruments together as the nature of the inputs is similar.

Level 1 measurements

Equity securities.

The primary inputs to the valuation of exchange-traded equity securities include quoted prices for the identical instrument.

Separate account assets.

The fair value of separate account assets is based on the quoted prices of the underlying fund investments and, therefore, represents Level 1 pricing.

Level 2 measurements

Fixed maturity securities

 

•

Third-party pricing services: In estimating the fair value of fixed maturity securities, approximately 90% of our portfolio was priced using third-party pricing services as of June 30, 2020. These pricing services utilize industry-standard valuation techniques that include market-based approaches, income-based approaches, a combination of market-based and income-based approaches or other proprietary, internally generated models as part of the valuation processes. These third-party pricing vendors maximize the use of publicly available data inputs to generate valuations for each asset class. Priority and type of inputs used may change frequently as certain inputs may be more direct drivers of valuation at the time of pricing. Examples of significant inputs incorporated by third-party pricing services may include sector and issuer spreads, seasoning, capital structure, security optionality, collateral data, prepayment assumptions, default assumptions, delinquencies, debt covenants, benchmark yields, trade data, dealer quotes, credit ratings, maturity and weighted-average life. We conduct regular meetings with our third-party pricing services for the purpose of understanding the methodologies, techniques and inputs used by the third-party pricing providers.

 

40

---

Table of Contents

GENWORTH FINANCIAL,

INC

.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents a summary of the significant inputs used by our third-party pricing services for certain fair value measurements of fixed maturity securities that are classified as Level 2 as of June 30, 2020:

 

(Amounts in millions)		Fair value				Primary methodologies		Significant inputs
U.S. government, agencies and government-sponsored enterprises		$	5,602			Price quotes from trading desk, broker feeds		Bid side prices, trade prices, Option Adjusted Spread (“OAS”) to swap curve, Bond Market Association OAS, Treasury Curve, Agency Bullet Curve, maturity to issuer spread
State and political subdivisions		$	2,935			Multi-dimensional attribute-based modeling systems, third-party pricing vendors		Trade prices, material event notices, Municipal Market Data benchmark yields, broker quotes
Non-U.S. government		$	1,527			Matrix pricing, spread priced to benchmark curves, price quotes from market makers		Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources
U.S. corporate		$	30,874			Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, OAS-based models		Bid side prices to Treasury Curve, Issuer Curve, which includes sector, quality, duration, OAS percentage and change for spread matrix, trade prices, comparative transactions, Trade Reporting and Compliance Engine (“TRACE”) reports
Non-U.S. corporate		$	8,589			Multi-dimensional attribute-based modeling systems, OAS-based models, price quotes from market makers		Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources
Residential mortgage-backed		$	2,160			OAS-based models, single factor binomial models, internally priced		Prepayment and default assumptions, aggregation of bonds with similar characteristics, including collateral type, vintage, tranche type, weighted-average life, weighted-average loan age, issuer program and delinquency ratio, pay up and pay down factors, TRACE reports

Commercial mortgage-backed		$	2,949			Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model		Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports
Other asset-backed		$	2,847			Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers		Spreads to daily updated swaps curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports

 

41

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

•

Internal models: A portion of our non-U.S. government, U.S. corporate and non-U.S. corporate securities are valued using internal models. The fair value of these fixed maturity securities was $15 million, $1,189 million and $602 million, respectively, as of June 30, 2020. Internally modeled securities are primarily private fixed maturity securities where we use market observable inputs such as an interest rate yield curve, published credit spreads for similar securities based on the external ratings of the instrument and related industry sector of the issuer. Additionally, we may apply certain price caps and liquidity premiums in the valuation of private fixed maturity securities. Price caps and liquidity premiums are established using inputs from market participants.

Equity securities.

The primary inputs to the valuation include quoted prices for identical assets, or similar assets in markets that are not active.

Securities lending collateral

The fair value of securities held as collateral is primarily based on Level 2 inputs from market information for the collateral that is held on our behalf by the custodian. We determine fair value after considering prices obtained by third-party pricing services.

Short-term investments

The fair value of short-term investments classified as Level 2 is determined after considering prices obtained by third-party pricing services.

Level 3 measurements

Fixed maturity securities

 

•

Broker quotes: A portion of our state and political subdivisions, U.S. corporate, non-U.S. corporate, residential mortgage-backed, commercial mortgage-backed and other asset-backed securities are

 

42

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

valued using broker quotes. Broker quotes are obtained from third-party providers that have current market knowledge to provide a reasonable price for securities not routinely priced by third-party pricing services. Brokers utilized for valuation of assets are reviewed annually. The fair value of our Level 3 fixed maturity securities priced by broker quotes was $863 million as of June 30, 2020.

 

•

Internal models: A portion of our state and political subdivisions, U.S. corporate, non-U.S. corporate, residential mortgage-backed and other asset-backed securities are valued using internal models. The primary inputs to the valuation of the bond population include quoted prices for identical assets, or similar assets in markets that are not active, contractual cash flows, duration, call provisions, issuer rating, benchmark yields and credit spreads. Certain private fixed maturity securities are valued using an internal model using market observable inputs such as the interest rate yield curve, as well as published credit spreads for similar securities, which includes significant unobservable inputs. Additionally, we may apply certain price caps and liquidity premiums in the valuation of private fixed maturity securities. Price caps are established using inputs from market participants. For structured securities, the primary inputs to the valuation include quoted prices for identical assets, or similar assets in markets that are not active, contractual cash flows, weighted-average coupon, weighted-average maturity, issuer rating, structure of the security, expected prepayment speeds and volumes, collateral type, current and forecasted loss severity, average delinquency rates, vintage of the loans, geographic region, debt service coverage ratios, payment priority with the tranche, benchmark yields and credit spreads. The fair value of our Level 3 fixed maturity securities priced using internal models was $3,392 million as of June 30, 2020.

Equity securities.

The primary inputs to the valuation include broker quotes where the underlying inputs are unobservable and for internal models, structure of the security and issuer rating.

Net asset value

Limited partnerships

Limited partnerships are valued based on comparable market transactions, discounted future cash flows, quoted market prices and/or estimates using the most recent data available for the underlying instrument. We utilize the net asset value (“NAV”) from the underlying fund statements as a practical expedient for fair value.

Derivatives

We consider counterparty collateral arrangements and rights of

set-off

when evaluating our net credit risk exposure to our derivative counterparties. Accordingly, we are permitted to include consideration of these arrangements when determining whether any incremental adjustment should be made for both the counterparty’s and our

non-performance

risk in measuring fair value for our derivative instruments. As a result of these counterparty arrangements, we determined that any adjustment for credit risk would not be material and we have not recorded any incremental adjustment for our

non-performance

risk or the

non-performance

risk of the derivative counterparty for our derivative assets or liabilities.

Interest rate swaps.

The valuation of interest rate swaps is determined using an income approach. The primary input into the valuation represents the forward interest rate swap curve, which is generally considered an observable input, and results in the derivative being classified as Level 2. For certain interest rate swaps, the inputs into the valuation also include the total returns of certain bonds that would primarily be considered an observable input and result in the derivative being classified as Level 2.

 

43

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Interest rate caps.

The valuation of interest rate caps is determined using an income approach. The primary inputs into the valuation represent the forward interest rate swap curve, forward interest rate volatility and time value component associated with the optionality in the derivative which are generally considered observable inputs and results in the derivatives being classified as Level 2.

Foreign currency swaps.

The valuation of foreign currency swaps is determined using an income approach. The primary inputs into the valuation represent the forward interest rate swap curve and foreign currency

 

exchange rates, both of which are considered observable inputs, and results in the derivative being classified as Level 

2

.

Equity index options.

We have equity index options associated with various equity indices. The valuation of equity index options is determined using an income approach. The primary inputs into the valuation represent forward interest rates, equity index volatility, equity index and time value component associated with the optionality in the derivative. The equity index volatility surface is determined based on market information that is not readily observable and is developed based upon inputs received from several third-party sources. Accordingly, these options are classified as Level 3. As of June 30, 2020, a significant increase (decrease) in the equity index volatility discussed above would have resulted in a significantly higher (lower) fair value measurement.

Financial futures.

The fair value of financial futures is based on the closing exchange prices. Accordingly, these financial futures are classified as Level 1. The period end valuation is zero as a result of settling the margins on these contracts on a daily basis.

Equity return swaps.

The valuation of equity return swaps is determined using an income approach. The primary inputs into the valuation represent the forward interest rate swap curve and underlying equity index values, which are generally considered observable inputs, and results in the derivative being classified as Level 2.

Other foreign currency contracts.

We have certain foreign currency options classified as other foreign currency contracts. The valuation of foreign currency options is determined using an income approach. The primary inputs into the valuation represent the forward interest rate swap curve, foreign currency exchange rates, forward interest rate, foreign currency exchange rate volatility and time value component associated with the optionality in the derivative, which are generally considered observable inputs and results in the derivative being classified as Level 2. We also have foreign currency forward contracts where the valuation is determined using an income approach. The primary inputs into the valuation represent the forward foreign currency exchange rates, which are generally considered observable inputs and results in the derivative being classified as Level 2.

GMWB embedded derivatives

We are required to bifurcate an embedded derivative for certain features associated with annuity products and related reinsurance agreements where we provide a GMWB to the policyholder and are required to record the GMWB embedded derivative at fair value. The valuation of our GMWB embedded derivative is based on an income approach that incorporates inputs such as forward interest rates, equity index volatility, equity index and fund correlation, and policyholder assumptions such as utilization, lapse and mortality. We determine fair value using an internal model based on the various inputs noted above.

Non-performance

risk is integrated into the discount rate used to value GMWB liabilities. Our discount rate used to determine fair value of our GMWB liabilities includes market credit spreads above U.S. Treasury rates to

 

44

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

reflect an adjustment for the non-performance risk of the GMWB liabilities.

As of June 30, 2020 and December 31, 2019, the impact of

non-performance

risk resulted in a lower fair value of our GMWB liabilities of $91 million and $62 million, respectively.

We classify the GMWB valuation as Level 3 based on having significant

unobservable

inputs, with equity index volatility and

non-performance

risk being considered the more significant unobservable inputs. As equity index volatility increases, the fair value of the GMWB liabilities will increase. Any increase in

non-performance

 

risk would increase the discount rate and would decrease the fair value of the GMWB liability. Additionally, we consider lapse and utilization assumptions to be significant unobservable inputs. An increase in our lapse assumption would decrease the fair value of the GMWB liability, whereas an increase in our utilization rate would increase the fair value. As of June 30, 2020, a significant change in the unobservable inputs discussed above would have resulted in a significantly lower or higher fair value measurement.

Fixed index annuity embedded derivatives

We have fixed indexed annuity products where interest is credited to the policyholder’s account balance based on equity index changes. This feature is required to be bifurcated as an embedded derivative and recorded at fair value. Fair value is determined using an income approach where the present value of the excess cash flows above the guaranteed cash flows is used to determine the value attributed to the equity index feature. The inputs used in determining the fair value include policyholder behavior (lapses and withdrawals), near-term equity index volatility, expected future interest credited, forward interest rates and an adjustment to the discount rate to incorporate

non-performance

risk and risk margins. As a result of our assumptions for policyholder behavior and expected future interest credited being considered significant unobservable inputs, we classify these instruments as Level 3. As lapses and withdrawals increase, the value of our embedded derivative liability will decrease. As expected future interest credited decreases, the value of our embedded derivative liability will decrease. As of June 30, 2020, a significant change in the unobservable inputs discussed above would have resulted in a significantly lower or higher fair value measurement.

Indexed universal life embedded derivatives

We have indexed universal life insurance products where interest is credited to the policyholder’s account balance based on equity index changes. This feature is required to be bifurcated as an embedded derivative and recorded at fair value. Fair value is determined using an income approach where the present value of the excess cash flows above the guaranteed cash flows is used to determine the value attributed to the equity index feature. The inputs used in determining the fair value include policyholder behavior (lapses and withdrawals), near-term equity index volatility, expected future interest credited, forward interest rates and an adjustment to the discount rate to incorporate

non-performance

risk and risk margins. As a result of our assumptions for policyholder behavior and expected future interest credited being considered significant unobservable inputs, we classify these instruments as Level 3. As lapses and withdrawals increase, the value of our embedded derivative liability will decrease. As expected future interest credited decreases, the value of our embedded derivative liability will decrease. As of June 30, 2020, a significant change in the unobservable inputs discussed above would have resulted in a significantly lower or higher fair value measurement.

 

45

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables set forth our assets by class of instrument that are measured at fair value on a recurring basis as of the dates indicated:

 

		June 30, 2020
(Amounts in millions)		Total				Level 1				Level 2				Level 3				NAV  (1)
Assets
Investments:
Fixed maturity securities:
U.S. government, agencies and government-sponsored enterprises		$	5,602			$	—			$	5,602			$	—			$	—
State and political subdivisions			2,998				—				2,935				63				—
Non-U.S. government			1,542				—				1,542				—				—
U.S. corporate:
Utilities			5,270				—				4,334				936				—
Energy			2,594				—				2,471				123				—
Finance and insurance			8,403				—				7,852				551				—
Consumer—non-cyclical			6,277				—				6,174				103				—
Technology and communications			3,411				—				3,345				66				—
Industrial			1,503				—				1,464				39				—
Capital goods			3,028				—				2,931				97				—
Consumer—cyclical			1,966				—				1,768				198				—
Transportation			1,565				—				1,511				54				—
Other			378				—				213				165				—
Total U.S. corporate			34,395				—				32,063				2,332				—
Non-U.S. corporate:
Utilities			879				—				522				357				—
Energy			1,275				—				1,038				237				—
Finance and insurance			2,466				—				2,155				311				—
Consumer—non-cyclical			777				—				723				54				—
Technology and communications			1,247				—				1,219				28				—
Industrial			995				—				903				92				—
Capital goods			613				—				440				173				—
Consumer—cyclical			407				—				251				156				—
Transportation			635				—				494				141				—
Other			1,591				—				1,446				145				—
Total non-U.S. corporate			10,885				—				9,191				1,694				—
Residential mortgage-backed			2,184				—				2,160				24				—
Commercial mortgage-backed			2,970				—				2,949				21				—
Other asset-backed			2,968				—				2,847				121				—
Total fixed maturity securities			63,544				—				59,289				4,255				—
Equity securities			206				45				108				53				—
Other invested assets:
Derivative assets:
Interest rate swaps			939				—				939				—				—
Foreign currency swaps			17				—				17				—				—
Equity index options			66				—				—				66				—
Other foreign currency contracts			2				—				2				—				—
Total derivative assets			1,024				—				958				66				—
Securities lending collateral			59				—				59				—				—
Short-term investments			190				—				190				—				—
Limited partnerships			598				—				—				—				598
Total other invested assets			1,871				—				1,207				66				598
Reinsurance recoverable (2)			38				—				—				38				—
Separate account assets			5,536				5,536				—				—				—
Total assets		$	71,195			$	5,581			$	60,604			$	4,412			$	598

 

(1)	Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy.

(2)	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

 

46

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

		December 31, 2019
(Amounts in millions)		Total				Level 1				Level 2				Level 3				NAV  (1)
Assets
Investments:
Fixed maturity securities:
U.S. government, agencies and government-sponsored enterprises		$	5,025			$	—			$	5,025			$	—			$	—
State and political subdivisions			2,747				—				2,645				102				—
Non-U.S. government			1,350				—				1,350				—				—
U.S. corporate:
Utilities			4,997				—				4,132				865				—
Energy			2,699				—				2,570				129				—
Finance and insurance			7,774				—				7,202				572				—
Consumer—non-cyclical			5,701				—				5,607				94				—
Technology and communications			3,245				—				3,195				50				—
Industrial			1,396				—				1,356				40				—
Capital goods			2,711				—				2,609				102				—
Consumer—cyclical			1,760				—				1,587				173				—
Transportation			1,506				—				1,428				78				—
Other			322				—				186				136				—
Total U.S. corporate			32,111				—				29,872				2,239				—
Non-U.S. corporate:
Utilities			829				—				455				374				—
Energy			1,319				—				1,072				247				—
Finance and insurance			2,319				—				2,085				234				—
Consumer—non-cyclical			684				—				625				59				—
Technology and communications			1,138				—				1,110				28				—
Industrial			988				—				884				104				—
Capital goods			605				—				444				161				—
Consumer—cyclical			397				—				250				147				—
Transportation			629				—				438				191				—
Other			1,617				—				1,477				140				—
Total non-U.S. corporate			10,525				—				8,840				1,685				—
Residential mortgage-backed			2,270				—				2,243				27				—
Commercial mortgage-backed			3,026				—				3,020				6				—
Other asset-backed			3,285				—				3,153				132				—
Total fixed maturity securities			60,339				—				56,148				4,191				—
Equity securities			239				62				126				51				—
Other invested assets:
Derivative assets:
Interest rate swaps			197				—				197				—				—
Foreign currency swaps			4				—				4				—				—
Equity index options			81				—				—				81				—
Other foreign currency contracts			8				—				8				—				—
Total derivative assets			290				—				209				81				—
Securities lending collateral			51				—				51				—				—
Short-term investments			211				—				211				—				—
Limited partnerships			503				—				—				—				503
Total other invested assets			1,055				—				471				81				503
Reinsurance recoverable (2)			20				—				—				20				—
Separate account assets			6,108				6,108				—				—				—
Total assets		$	67,761			$	6,170			$	56,745			$	4,343			$	503

 

(1)	Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy.

(2)	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

 

47

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:

 

		Beginning balance as of April 1, 2020				Total realized and unrealized gains (losses)																																Ending balance as of June 30, 2020				Total gains (losses) attributable to assets still held
(Amounts in millions)						Included   in net   income (loss)				Included in OCI				Purchases				Sales				Issuances				Settlements				Transfer into Level 3  (1)				Transfer out of Level 3  (1)								Included in net income   (loss)				Included in OCI
Fixed maturity securities:
State and political subdivisions		$	83			$	—			$	7			$	—			$	—			$	—			$	—			$	—			$	(27	)		$	63			$	1			$	6
Non-U.S. government			1				—				—				—				—				—				(1	)			—				—				—				—				—
U.S. corporate:
Utilities			843				—				37				32				—				—				(2	)			26				—				936				—				37
Energy			124				1				13				—				—				—				(2	)			—				(13	)			123				—				9
Finance and insurance			510				—				33				21				—				—				(12	)			—				(1	)			551				—				33
Consumer—non-cyclical			88				—				8				8				—				—				(1	)			—				—				103				—				8
Technology and communications			61				—				5				—				—				—				—				—				—				66				—				5
Industrial			37				—				2				—				—				—				—				—				—				39				—				2
Capital goods			90				—				7				—				—				—				—				—				—				97				—				7
Consumer—cyclical			179				—				11				—				—				—				(1	)			9				—				198				—				11
Transportation			43				—				2				—				—				—				(1	)			10				—				54				—				2
Other			138				—				2				—				—				—				(2	)			27				—				165				—				2
Total U.S. corporate			2,113				1				120				61				—				—				(21	)			72				(14	)			2,332				—				116
Non-U.S. corporate:
Utilities			355				—				23				1				—				—				—				—				(22	)			357				—				23
Energy			236				—				22				—				—				—				(26	)			5				—				237				—				22
Finance and insurance			223				1				50				—				—				—				—				37				—				311				1				49
Consumer—non-cyclical			58				—				5				—				—				—				—				—				(9	)			54				—				4
Technology and communications			27				—				1				—				—				—				—				—				—				28				—				1
Industrial			92				—				8				—				—				—				—				—				(8	)			92				—				7
Capital goods			135				—				9				—				—				—				—				29				—				173				—				9
Consumer—cyclical			164				—				12				—				—				—				(3	)			—				(17	)			156				—				11
Transportation			108				—				11				—				—				—				—				22				—				141				—				11
Other			131				—				9				5				—				—				—				—				—				145				—				9
Total non-U.S. corporate			1,529				1				150				6				—				—				(29	)			93				(56	)			1,694				1				146
Residential mortgage-backed			24				—				1				—				—				—				(1	)			3				(3	)			24				—				—
Commercial mortgage-backed			—				—				1				—				—				—				—				20				—				21				—				1
Other asset-backed			118				—				2				6				—				—				(5	)			—				—				121				—				3
Total fixed maturity securities			3,868				2				281				73				—				—				(57	)			188				(100	)			4,255				2				272
Equity securities			50				—				—				6				(3	)			—				—				—				—				53				—				—
Other invested assets:
Derivative assets:
Equity index options			62				4				—				7				—				—				(7	)			—				—				66				8				—
Total derivative assets			62				4				—				7				—				—				(7	)			—				—				66				8				—
Total other invested assets			62				4				—				7				—				—				(7	)			—				—				66				8				—
Reinsurance recoverable  (2)			47				(9	)			—				—				—				—				—				—				—				38				(9	)			—
Total Level 3 assets		$	4,027			$	(3	)		$	281			$	86			$	(3	)		$	—			$	(64	)		$	188			$	(100	)		$	4,412			$	1			$	272

 

(1)

The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities.

(2)	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

 

48

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

		Beginning balance as of April 1, 2019				Total realized and unrealized gains (losses)								Purchases				Sales				Issuances				Settlements				Transfer into Level 3  (1)				Transfer out of Level 3  (1)				Ending balance as of June 30, 2019				Total gains (losses) included in net income (loss) attributable to assets still held
(Amounts in millions)						Included   in net   income (loss)				Included in OCI
Fixed maturity securities:
State and political subdivisions		$	52			$	1			$	8			$	—			$	—			$	—			$	—			$	—			$	—			$	61			$	—
U.S. corporate:
Utilities			748				—				20				82				(13	)			—				(38	)			—				(10	)			789				—
Energy			115				—				3				5				—				—				(1	)			—				—				122				—
Finance and insurance			590				—				15				10				—				—				(8	)			—				—				607				—
Consumer—non-cyclical			74				—				1				14				—				—				—				—				—				89				—
Technology and communications			52				—				3				—				—				—				—				—				(11	)			44				—
Industrial			40				—				—				—				—				—				—				—				—				40				—
Capital goods			95				—				3				—				—				—				—				—				—				98				—
Consumer—cyclical			195				—				3				—				—				—				(13	)			—				—				185				—
Transportation			54				—				—				—				—				—				—				—				—				54				—
Other			199				—				3				—				—				—				(3	)			—				—				199				—
Total U.S. corporate			2,162				—				51				111				(13	)			—				(63	)			—				(21	)			2,227				—
Non-U.S. corporate:
Utilities			435				—				7				—				(7	)			—				(17	)			—				(1	)			417				—
Energy			221				—				5				15				—				—				—				—				—				241				—
Finance and insurance			182				1				7				2				—				—				(13	)			—				—				179				1
Consumer—non-cyclical			67				—				1				—				—				—				—				—				—				68				—
Technology and communications			27				—				—				—				—				—				—				—				—				27				—
Industrial			63				—				1				—				—				—				—				—				—				64				—
Capital goods			173				—				3				5				—				—				—				—				—				181				—
Consumer—cyclical			125				—				2				—				—				—				(1	)			—				—				126				—
Transportation			192				—				3				4				—				—				—				—				—				199				—
Other			90				—				4				35				—				—				—				—				—				129				—
Total non-U.S. corporate			1,575				1				33				61				(7	)			—				(31	)			—				(1	)			1,631				1
Residential mortgage-backed			35				—				1				—				—				—				—				—				—				36				—
Commercial mortgage-backed			98				—				7				1				—				—				—				—				(14	)			92				—
Other asset-backed			197				—				1				42				—				—				(29	)			27				(4	)			234				—
Total fixed maturity securities			4,119				2				101				215				(20	)			—				(123	)			27				(40	)			4,281				1
Equity securities			55				—				—				2				(1	)			—				—				—				—				56				—
Other invested assets:
Derivative assets:
Equity index options			60				10				—				9				—				—				(14	)			—				—				65				7
Total derivative assets			60				10				—				9				—				—				(14	)			—				—				65				7
Total other invested assets			60				10				—				9				—				—				(14	)			—				—				65				7
Reinsurance recoverable  (2)			18				2				—				—				—				—				—				—				—				20				2
Total Level 3 assets		$	4,252			$	14			$	101			$	226			$	(21	)		$	—			$	(137	)		$	27			$	(40	)		$	4,422			$	10

 

(1)

The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities.

(2)	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

 

49

---

Table of Contents

G

ENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:

 

		Beginning balance as of January 1, 2020				Total realized and unrealized gains (losses)																																Ending balance as of June 30, 2020				Total gains (losses) attributable to assets still held
(Amounts in millions)						Included in net income (loss)				Included in OCI				Purchases				Sales				Issuances				Settlements				Transfer into Level 3  (1)				Transfer out of Level 3  (1)								Included in net income (loss)				Included in OCI
Fixed maturity securities:
State and political subdivisions		$	102			$	1			$	(12	)		$	—			$	—			$	—			$	(1	)		$	—			$	(27	)		$	63			$	2			$	(13	)
Non-U.S. government			—				—				—				—				—				—				(1	)			1				—				—				—				—
U.S. corporate:
Utilities			865				—				12				32				—				—				(2	)			42				(13	)			936				—				14
Energy			129				1				(2	)			10				(21	)			—				(3	)			22				(13	)			123				—				(5	)
Finance and insurance			572				2				2				21				—				—				(24	)			—				(22	)			551				—				5
Consumer—non-cyclical			94				—				2				8				—				—				(1	)			—				—				103				—				2
Technology and communications			50				—				1				20				—				—				—				—				(5	)			66				—				2
Industrial			40				—				(1	)			—				—				—				—				—				—				39				—				(1	)
Capital goods			102				—				(1	)			—				—				—				(4	)			—				—				97				—				(1	)
Consumer—cyclical			173				—				4				—				—				—				(3	)			24				—				198				—				4
Transportation			78				—				(2	)			—				—				—				(2	)			10				(30	)			54				—				1
Other			136				—				1				5				—				—				(4	)			27				—				165				—				1
Total U.S. corporate			2,239				3				16				96				(21	)			—				(43	)			125				(83	)			2,332				—				22
Non-U.S. corporate:
Utilities			374				—				3				12				—				—				—				21				(53	)			357				—				3
Energy			247				—				(8	)			—				—				—				(26	)			24				—				237				—				(8	)
Finance and insurance			234				2				9				15				—				—				—				58				(7	)			311				2				10
Consumer—non-cyclical			59				—				2				8				—				—				—				1				(16	)			54				—				1
Technology and communications			28				—				—				—				—				—				—				—				—				28				—				—
Industrial			104				—				1				—				—				—				(5	)			—				(8	)			92				—				—
Capital goods			161				1				(2	)			—				—				—				(16	)			29				—				173				—				(1	)
Consumer—cyclical			147				—				(3	)			4				—				—				(7	)			32				(17	)			156				—				(5	)
Transportation			191				—				2				—				—				—				—				22				(74	)			141				—				6
Other			140				—				—				5				—				—				(1	)			1				—				145				—				—
Total non-U.S. corporate			1,685				3				4				44				—				—				(55	)			188				(175	)			1,694				2				6
Residential mortgage-backed			27				—				—				—				—				—				(1	)			4				(6	)			24				—				—
Commercial mortgage-backed			6				—				2				—				—				—				—				20				(7	)			21				—				1
Other asset-backed			132				—				(2	)			15				—				—				(22	)			—				(2	)			121				—				(2	)
Total fixed maturity securities			4,191				7				8				155				(21	)			—				(123	)			338				(300	)			4,255				4				14
Equity securities			51				—				—				6				(4	)			—				—				—				—				53				—				—
Other invested assets:
Derivative assets:
Equity index options			81				(9	)			—				18				—				—				(24	)			—				—				66				5				—
Total derivative assets			81				(9	)			—				18				—				—				(24	)			—				—				66				5				—
Total other invested assets			81				(9	)			—				18				—				—				(24	)			—				—				66				5				—
Reinsurance recoverable  (2)			20				17				—				—				—				1				—				—				—				38				17				—
Total Level 3 assets		$	4,343			$	15			$	8			$	179			$	(25	)		$	1			$	(147	)		$	338			$	(300	)		$	4,412			$	26			$	14

 

(1)

The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities.

(2)	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

 

50

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

		Beginning balance as of January 1, 2019				Total realized and unrealized gains (losses)								Purchases				Sales				Issuances				Settlements				Transfer into Level 3  (1)				Transfer out of Level 3  (1)				Ending balance as of June 30, 2019				Total gains (losses) included in net income (loss) attributable to assets still held
(Amounts in millions)						Included   in net   income (loss)				Included in OCI
Fixed maturity securities:
State and political subdivisions		$	51			$	2			$	8			$	—			$	—			$	—			$	—			$	—			$	—			$	61			$	1
U.S. corporate:
Utilities			643				—				42				96				(14	)			—				(40	)			72				(10	)			789				—
Energy			121				—				7				5				—				—				(11	)			—				—				122				—
Finance and insurance			534				—				38				40				—				—				(12	)			7				—				607				—
Consumer—non-cyclical			73				—				3				14				—				—				(10	)			9				—				89				—
Technology and communications			50				—				5				—				—				—				—				—				(11	)			44				—
Industrial			39				—				1				—				—				—				—				—				—				40				—
Capital goods			92				—				6				—				—				—				—				—				—				98				—
Consumer—cyclical			211				—				10				—				(13	)			—				(14	)			—				(9	)			185				—
Transportation			57				—				1				4				—				—				(8	)			—				—				54				—
Other			178				—				6				22				—				—				(15	)			8				—				199				—
Total U.S. corporate			1,998				—				119				181				(27	)			—				(110	)			96				(30	)			2,227				—
Non-U.S. corporate:
Utilities			404				—				23				30				(7	)			—				(17	)			—				(16	)			417				—
Energy			217				—				12				16				—				—				(4	)			—				—				241				—
Finance and insurance			171				2				18				7				—				—				(13	)			—				(6	)			179				2
Consumer—non-cyclical			106				2				4				—				—				—				(44	)			—				—				68				—
Technology and communications			26				—				1				—				—				—				—				—				—				27				—
Industrial			61				—				3				—				—				—				—				—				—				64				—
Capital goods			173				—				9				10				—				—				(11	)			—				—				181				—
Consumer—cyclical			122				—				8				—				—				—				(4	)			—				—				126				—
Transportation			171				—				9				19				—				—				—				—				—				199				—
Other			81				—				8				35				—				—				(1	)			6				—				129				—
Total n on-U.S. corporate			1,532				4				95				117				(7	)			—				(94	)			6				(22	)			1,631				2
Residential mortgage-backed			35				—				1				—				—				—				—				—				—				36				—
Commercial mortgage-backed			95				—				9				2				—				—				—				—				(14	)			92				—
Other asset-backed			154				—				2				96				—				—				(42	)			28				(4	)			234				—
Total fixed maturity securities			3,865				6				234				396				(34	)			—				(246	)			130				(70	)			4,281				3
Equity securities			58				—				—				2				(4	)			—				—				—				—				56				—
Other invested assets:
Derivative assets:
Equity index options			39				27				—				21				—				—				(22	)			—				—				65				11
Total derivative assets			39				27				—				21				—				—				(22	)			—				—				65				11
Total other invested assets			39				27				—				21				—				—				(22	)			—				—				65				11
Reinsurance recoverable  (2)			20				(1	)			—				—				—				1				—				—				—				20				(1	)
Total Level 3 assets		$	3,982			$	32			$	234			$	419			$	(38	)		$	1			$	(268	)		$	130			$	(70	)		$	4,422			$	13

 

(1)

The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities.

(2)	Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

 

51

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents the gains and losses included in net income (loss) from assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated:

 

		Three months ended June 30,								Six months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Total realized and unrealized gains (losses) included in net income (loss):
Net investment income		$	2			$	2			$	6			$	6
Net investment gains (losses)			(5	)			12				9				26
Total		$	(3	)		$	14			$	15			$	32
Total gains (losses) included in net income (loss) attributable to assets still held:
Net investment income		$	2			$	1			$	4			$	3
Net investment gains (losses)			(1	)			9				22				10
Total		$	1			$	10			$	26			$	13

The amount presented for realized and unrealized gains (losses) included in net income (loss) for fixed maturity securities primarily represents amortization and accretion of premiums and discounts on certain fixed maturity securities.

 

52

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents a summary of the significant unobservable inputs used for certain asset fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2020:

 

(Amounts in millions)

Valuation technique

Fair value

Unobservable input

Range

Weighted-average  (1)

Fixed maturity securities:

U.S. corporate:

Utilities

Internal models

$

826

Credit spreads

71bps - 427bps

194bps

Energy

Internal models

8

Credit spreads

108bps

N/A

Finance and insurance

Internal models

497

Credit spreads

73bps - 380bps

206bps

Consumer—non-cyclical

Internal models

102

Credit spreads

83bps - 395bps

202bps

Technology and communications

Internal models

66

Credit spreads

212bps - 395bps

271bps

Industrial

Internal models

39

Credit spreads

199bps - 483bps

293bps

Capital goods

Internal models

97

Credit spreads

120bps - 294bps

214bps

Consumer—cyclical

Internal models

161

Credit spreads

131bps - 307bps

208bps

Transportation

Internal models

44

Credit spreads

76bps - 199bps

144bps

Other

Internal models

165

Credit spreads

99bps - 213bps

122bps

Total U.S. corporate

Internal models

$

2,005

Credit spreads

71bps - 483bps

197bps

Non-U.S. corporate:

Utilities

Internal models

$

357

Credit spreads

97bps - 286bps

176bps

Energy

Internal models

82

Credit spreads

120bps - 272bps

175bps

Finance and insurance

Internal models

209

Credit spreads

136bps - 188bps

133bps

Consumer—non-cyclical

Internal models

53

Credit spreads

107bps - 182bps

160bps

Technology and communications

Internal models

28

Credit spreads

153bps - 260bps

221bps

Industrial

Internal models

92

Credit spreads

108bps - 272bps

193bps

Capital goods

Internal models

144

Credit spreads

107bps - 294bps

215bps

Consumer—cyclical

Internal models

45

Credit spreads

97bps - 272bps

194bps

Transportation

Internal models

114

Credit spreads

83bps - 294bps

175bps

Other

Internal models

144

Credit spreads

121bps - 507bps

300bps

Total non-U.S. corporate

Internal models

$

1,268

Credit spreads

83bps - 507bps

196bps

Derivative assets:

Equity index options

Discounted cash flows

$

66

Equity index volatility

6% - 38%

28%

 

(1)	Unobservable inputs weighted by the relative fair value of the associated instrument for fixed maturity securities and by notional for derivative assets.

Certain classes of instruments classified as Level 3 are excluded above as a result of not being material or due to limitations in being able to obtain the underlying inputs used by certain third-party sources, such as broker quotes, used as an input in determining fair value.

 

53

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables set forth our liabilities by class of instrument that are measured at fair value on a recurring basis as of the dates indicated:

 

		June 30, 2020
(Amounts in millions)		Total				Level 1				Level 2				Level 3
Liabilities
Policyholder account balances:
GMWB embedded derivatives (1)		$	559			$	—			$	—			$	559
Fixed index annuity embedded derivatives			447				—				—				447
Indexed universal life embedded derivatives			23				—				—				23
Total policyholder account balances			1,029				—				—				1,029
Derivative liabilities:
Other foreign currency contracts			1				—				1				—
Total derivative liabilities			1				—				1				—
Total liabilities		$	1,030			$	—			$	1			$	1,029

 

(1)	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

 

		December 31, 2019
(Amounts in millions)		Total				Level 1				Level 2				Level 3
Liabilities
Policyholder account balances:
GMWB embedded derivatives (1)		$	323			$	—			$	—			$	323
Fixed index annuity embedded derivatives			452				—				—				452
Indexed universal life embedded derivatives			19				—				—				19
Total policyholder account balances			794				—				—				794
Derivative liabilities:
Interest rate swaps			10				—				10				—
Other foreign currency contracts			1				—				1				—
Total derivative liabilities			11				—				11				—
Total liabilities		$	805			$	—			$	11			$	794

 

(1)	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

 

54

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:

 

(Amounts in millions)		Beginning balance as of April 1, 2020				Total realized and unrealized (gains) losses								Purchases				Sales				Issuances				Settlements				Transfer into Level 3				Transfer out of Level 3				Ending balance as of June 30, 2020				Total (gains)  losses attributable to liabilities still held
						Included in net (income) loss				Included in OCI																																Included in net (income) loss				Included in OCI
Policyholder account balances:
GMWB embedded derivatives (1)		$	691			$	(138	)		$	—			$	—			$	—			$	6			$	—			$	—			$	—			$	559			$	(137	)		$	—
Fixed index annuity embedded derivatives			413				45				—				—				—				—				(11	)			—				—				447				45				—
Indexed universal life embedded derivatives			21				(3	)			—				—				—				5				—				—				—				23				(3	)			—
Total policyholder account balances			1,125				(96	)			—				—				—				11				(11	)			—				—				1,029				(95	)			—
Total Level 3 liabilities		$	1,125			$	(96	)		$	—			$	—			$	—			$	11			$	(11	)		$	—			$	—			$	1,029			$	(95	)		$	—

 

(1)	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

 

		Beginning balance as of April 1, 2019				Total realized and unrealized (gains) losses								Purchases				Sales				Issuances				Settlements				Transfer into Level 3				Transfer out of Level 3				Ending balance as of June 30, 2019				Total (gains) losses included in net (income) loss attributable to liabilities still held
(Amounts in millions)						Included in net (income) loss				Included in OCI
Policyholder account balances:
GMWB embedded derivatives (1)		$	295			$	24			$	—			$	—			$	—			$	6			$	—			$	—			$	—			$	325			$	24
Fixed index annuity embedded derivatives			423				20				—				—				—				—				(5	)			—				—				438				20
Indexed universal life embedded derivatives			13				1				—				—				—				1				—				—				—				15				1
Total policyholder account balances			731				45				—				—				—				7				(5	)			—				—				778				45
Total Level 3 liabilities		$	731			$	45			$	—			$	—			$	—			$	7			$	(5	)		$	—			$	—			$	778			$	45

 

(1)	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

 

55

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:

 

(Amounts in millions)		Beginning balance as of January 1, 2020				Total realized and unrealized (gains) losses								Purchases				Sales				Issuances				Settlements				Transfer into Level 3				Transfer out of Level 3				Ending balance as of June 30, 2020				Total (gains) losses attributable to liabilities still held
						Included in net (income) loss				Included in OCI																																Included in net (income) loss				Included in OCI
Policyholder account balances:
GMWB embedded derivatives (1)		$	323			$	224			$	—			$	—			$	—			$	12			$	—			$	—			$	—			$	559			$	231			$	—
Fixed index annuity embedded derivatives			452				13				—				—				—				—				(18	)			—				—				447				13				—
Indexed universal life embedded derivatives			19				(7	)			—				—				—				11				—				—				—				23				(7	)			—
Total policyholder account balances			794				230				—				—				—				23				(18	)			—				—				1,029				237				—
Total Level 3 liabilities		$	794			$	230			$	—			$	—			$	—			$	23			$	(18	)		$	—			$	—			$	1,029			$	237			$	—

 

(1)	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

 

		Beginning balance as of January 1, 2019				Total realized and unrealized (gains) losses								Purchases				Sales				Issuances				Settlements				Transfer into Level 3				Transfer out of Level 3				Ending balance as of June 30, 2019				Total (gains) losses included in net (income) loss attributable to   liabilities still   held
(Amounts in millions)						Included   in net   (income) loss				Included in OCI
Policyholder account balances:
GMWB embedded derivatives (1)		$	337			$	(24	)		$	—			$	—			$	—			$	12			$	—			$	—			$	—			$	325			$	(20	)
Fixed index annuity embedded derivatives			389				58				—				—				—				—				(9	)			—				—				438				58
Indexed universal life embedded derivatives			12				—				—				—				—				3				—				—				—				15				—
Total policyholder account balances			738				34				—				—				—				15				(9	)			—				—				778				38
Total Level 3 liabilities		$	738			$	34			$	—			$	—			$	—			$	15			$	(9	)		$	—			$	—			$	778			$	38

 

(1)	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

 

56

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents the gains and losses included in net (income) loss from liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated:

 

		Three months ended June 30,								Six months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Total realized and unrealized (gains) losses included in net (income) loss:
Net investment income		$	—			$	—			$	—			$	—
Net investment (gains) losses			(96	)			45				230				34
Total		$	(96	)		$	45			$	230			$	34
Total (gains) losses included in net (income) loss attributable to liabilities still held:
Net investment income		$	—			$	—			$	—			$	—
Net investment (gains) losses			(95	)			45				237				38
Total		$	(95	)		$	45			$	237			$	38

Purchases, sales, issuances and settlements represent the activity that occurred during the period that results in a change of the asset or liability but does not represent changes in fair value for the instruments held at the beginning of the period. Such activity primarily consists of purchases, sales and settlements of fixed maturity and equity securities and purchases, issuances and settlements of derivative instruments.

Issuances presented for GMWB embedded derivative liabilities are characterized as the change in fair value associated with the product fees recognized that are attributed to the embedded derivative to equal the expected future benefit costs upon issuance. Issuances for fixed index annuity and indexed universal life embedded derivative liabilities represent the amount of the premium received that is attributed to the value of the embedded derivative. Settlements of embedded derivatives are characterized as the change in fair value upon exercising the embedded derivative instrument, effectively representing a settlement of the embedded derivative instrument. We have shown these changes in fair value separately based on the classification of this activity as effectively issuing and settling the embedded derivative instrument with all remaining changes in the fair value of these embedded derivative instruments being shown separately in the category labeled “included in net (income) loss” in the tables presented above.

 

57

---

Table of Contents

GENWORTH

FINANCIAL

,

INC

.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following table presents a summary of the significant unobservable inputs used for certain liability fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2020:

 

(Amounts in millions)		Valuation technique				Fair value				Unobservable input			Range			Weighted-average  (1)
Policyholder account balances:										Withdrawal utilization rate			56% - 88%				73	%
										Lapse rate			2% - 9%				3	%
										Non-performance risk
										(credit spreads)			9bps - 83bps				67	bps
GMWB embedded derivatives (2)			Stochastic cash flow model			$	559			Equity index volatility			21% - 30%				24	%
Fixed index annuity embedded derivatives			Option budget method			$	447			Expected future interest credited			—    %  - 3%				1	%
Indexed universal life embedded derivatives			Option budget method			$	23			Expected future interest credited			3% - 11%				6	%

 

(1)	Unobservable inputs weighted by the policyholder account balances associated with the instrument.

(2)	Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The unobservable inputs associated with GMWB embedded derivatives are not interrelated and therefore, a directional change in one input will not affect the other inputs.

Assets and Liabilities Not Required to Be Carried at Fair Value

Assets and liabilities that are reflected in the accompanying unaudited condensed consolidated financial statements at fair value are not included in the following disclosure of fair value. Such items include cash, cash equivalents and restricted cash, short-term investments, investment securities, separate accounts, securities held as collateral and derivative instruments. Apart from certain of our borrowings and certain marketable securities, few of the instruments are actively traded and their fair values must often be determined using models. The fair value estimates are made at a specific point in time, based upon available market information and judgments about the financial instruments, including estimates of the timing and amount of expected future cash flows and the credit standing of counterparties. Such estimates do not reflect any premium or discount that could result from offering for sale at one time our entire holdings of a particular financial instrument, nor do they consider the tax impact of the realization of unrealized gains or losses. In many cases, the fair value estimates cannot be substantiated by comparison to independent markets.

 

58

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following represents our estimated fair value of financial assets and liabilities that are not required to be carried at fair value as of the dates indicated:

 

		June 30, 2020
		Notional amount				Carrying amount				Fair value
(Amounts in millions)										Total				Level 1				Level 2				Level 3
Assets:
Commercial mortgage loans				(1)		$	6,917			$	7,225			$	—			$	—			$	7,225
Other invested assets				(1)			418				421				—				22				399
Liabilities:
Long-term borrowings				(1)			2,817				2,153				—				2,016				137
Investment contracts				(1)			11,258				12,227				—				—				12,227
Other firm commitments:
Commitments to fund limited partnerships			1,135				—				—				—				—				—
Commitments to fund bank loan investments			35				—				—				—				—				—
Ordinary course of business lending commitments			116				—				—				—				—				—

 

(1)	These financial instruments do not have notional amounts.

 

		December 31, 2019
		Notional amount				Carrying amount				Fair value
(Amounts in millions)										Total				Level 1				Level 2				Level 3
Assets:
Commercial mortgage loans				(1)		$	6,963			$	7,239			$	—			$	—			$	7,239
Other invested assets				(1)			432				432				—				49				383
Liabilities:
Long-term borrowings				(1)			3,277				3,093				—				2,951				142
Non-recourse funding obligations				(1)			311				207				—				—				207
Investment contracts				(1)			11,466				12,086				—				—				12,086
Other firm commitments:
Commitments to fund limited partnerships			976				—				—				—				—				—
Commitments to fund bank loan investments			52				—				—				—				—				—
Ordinary course of business lending commitments			69				—				—				—				—				—

 

(1)	These financial instruments do not have notional amounts.

 

59

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

(7) Liability for Policy and Contract Claims

The following table sets forth changes in our liability for policy and contract claims as of the dates indicated:

 

		As of or for the six months ended June 30,
(Amounts in millions)		2020				2019
Beginning balance		$	10,958			$	10,295
Less reinsurance recoverables			(2,406	)			(2,379	)
Net beginning balance			8,552				7,916
Incurred related to insured events of:
Current year			2,238				1,961
Prior years			(255	)			(206	)
Total incurred			1,983				1,755
Paid related to insured events of:
Current year			(436	)			(407	)
Prior years			(1,339	)			(1,253	)
Total paid			(1,775	)			(1,660	)
Interest on liability for policy and contract claims			205				188
Foreign currency translation			(4	)			(1	)
Net ending balance			8,961				8,198
Add reinsurance recoverables			2,319				2,388
Ending balance		$	11,280			$	10,586

The liability for policy and contract claims represents our current best estimate; however, there may be future adjustments to this estimate and related assumptions. Such adjustments, reflecting any variety of new and adverse trends, could possibly be significant, and result in increases in reserves by an amount that could be material to our results of operations and financial condition and liquidity.

 

In addition, loss reserves recorded on new delinquencies in our U.S. mortgage insurance business have a high degree of estimation, particularly due to the level of uncertainty regarding whether borrowers in forbearance will ultimately cure or result in a new delinquency.

For the six months ended June 30, 2020, the favorable development of $255 million related to insured events of prior years was primarily attributable to our long-term care insurance business largely from favorable

 claim terminations mostly attributable to higher mortality, favorable

development on prior year incurred but not reported claims and favorable experience on pending claims that terminated before becoming an active claim.

 

These decreases were partially offset by a strengthening of incurred but not reported reserves in the current year

.

 

For the six months ended June 30, 2020, the liability for policy and contract claims increased $322 million largely related to our U.S. mortgage insurance business, principally attributable to a significant increase in the number of new delinquencies driven largely by borrower forbearance resulting from COVID-19. In addition, existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. The current year also reflected lower net benefits from cures and aging of existing delinquencies compared to the prior year. The increase was also attributable to our long-term care insurance business primarily attributable to

 

60

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

new claims, which includes higher new claims frequency as a result of the aging of the in-force block, as well as higher severity, partially offset by an increase in claim terminations driven mostly by higher mortality and favorable development on prior year incurred but not reported claims in the current year. Given the lower new claim counts submitted during COVID-19, incurred but not reported reserves were strengthened by $37 million reflecting our assumption that new claim incidence during this period will ultimately return to normal levels, partially offsetting the favorable development on incurred but not reported claims.

 

(8) Reinsurance

The following table sets forth the changes in the allowance for credit losses related to reinsurance recoverables as of or for the periods indicated:

 

		Three months ended June 30,				Six months ended June 30,
(Amounts in millions)		2020				2020
Allowance for credit losses:
Beginning balance		$	42			$	—
Cumulative effect of change in accounting			—				40
Provision			2				4
Write-offs			—				—
Recoveries			—				—
Ending balance		$	44			$	44

As discussed in note 2, our policy for evaluating and measuring the allowance for credit losses related to reinsurance recoverables utilizes the reinsurer’s credit rating, updated quarterly, to assess the credit quality of reinsurance recoverables. The following table sets forth A.M. Best Company, Inc.’s (“A.M. Best”) credit ratings related to our reinsurance recoverables, gross of the allowance for credit losses, as of June 30, 2020:

 

(Amounts in millions)		Collateralized				Non-collateralized				Total
Credit rating:
A++		$	—			$	508			$	508
A+			1,267				1,467				2,734
A			20				58				78
B+			—				2				2
Not rated			13,542				80				13,622
Total reinsurance recoverable		$	14,829			$	2,115			$	16,944

We have several significant reinsurance transactions (“Reinsurance Transactions”) with Union Fidelity Life Insurance Company (“UFLIC”), an affiliate of our former parent, General Electric Company (“GE”). In the Reinsurance Transactions, we ceded to UFLIC

in-force

blocks of structured settlements issued prior to 2004, substantially all of our

in-force

blocks of variable annuities issued prior to 2004 and a block of long-term care insurance policies that we reinsured in 2000 from legal entities now a part of Brighthouse Life Insurance Company. Although we remain directly liable under these contracts and policies as the ceding insurer, the Reinsurance Transactions have the effect of transferring the financial results of the reinsured blocks to UFLIC. To secure the payment of its obligations to us under the reinsurance agreements governing the Reinsurance Transactions, UFLIC has established trust accounts to maintain an aggregate amount of assets with a statutory book value at least equal to the statutory general account reserves attributable to the reinsured business less an

 

61

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

amount required to be held in certain claims-paying accounts. A trustee administers the trust accounts and we are permitted to withdraw from the trust accounts amounts due to us pursuant to the terms of the reinsurance agreements that are not otherwise paid by UFLIC. In addition, pursuant to a Capital Maintenance Agreement, GE is obligated to maintain sufficient capital in UFLIC to maintain UFLIC’s risk-based capital (“RBC”) at not less than 150% of its company action level, as defined by the National Association of Insurance Commissioners (“NAIC”).

As of June 30, 2020 and December 31, 2019, we had a reinsurance recoverable of $13,539 million and $13,752 million, respectively, with UFLIC. In March 2019, upon UFLIC’s request, A.M. Best withdrew UFLIC’s credit rating.

There was

no impact

 to us

from this action as UFLIC has trust accounts and a guarantee from its parent, as discussed above, and is sufficiently collateralized. Accordingly, the reinsurance recoverable with UFLIC is fully collectible and no allowance for credit losses was recorded as of June 30, 2020.

Reinsurance recoverables are considered past due when contractual payments have not been received from the reinsurer by the required payment date. Claims submitted for payment are generally due in less than one year. As of June 30, 2020, we did not have any reinsurance recoverables past due, except for Scottish Re US Inc. (“Scottish Re”), a reinsurance company domiciled in Delaware. On March 6, 2019, Scottish Re was ordered into receivership for the purposes of rehabilitation by the Court of Chancery of the State of Delaware.

 

The proposed Plan

of Rehabilitation

of Scottish Re

was filed on June 30, 2020

. The filing did not include a schedule for affected cedents to object to the proposed rehabilitation plan. We do not know what deadlines will be imposed related to the Court of Chancery’s consideration of the proposed plan, but we expect a final hearing to be scheduled in November or December of this year.

As of June 30, 2020, amounts past due related to Scottish Re were $13 million, all of which was included in the allowance for credit losses.

 

We

 will continue to monitor the plan of rehabilitation and expected recovery of the claims balance.

 

62

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

(9) Borrowings and Liquidity

(a) Long-Term Borrowings

The following table sets forth total long-term borrowings as of the dates indicated:

 

(Amounts in millions)		June 30, 2020				December 31, 2019
Genworth Holdings (1)
7.70% Senior Notes, due 2020		$	—			$	397
7.20% Senior Notes, due 2021			356				382
7.625% Senior Notes, due 2021			661				701
4.90% Senior Notes, due 2023			399				399
4.80% Senior Notes, due 2024			400				400
6.50% Senior Notes, due 2034			297				297
Floating Rate Junior Subordinated Notes, due 2066			598				598
Subtotal			2,711				3,174
Bond consent fees			(22	)			(25	)
Deferred borrowing charges			(10	)			(12	)
Total Genworth Holdings			2,679				3,137
Australia (2)
Floating Rate Junior Subordinated Notes, due 2025			138				140
Total Australia			138				140
Total		$	2,817			$	3,277

 

(1)

We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.

(2)

Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary, who has the option to redeem the notes at face value beginning on July 3, 2020, subject to the Australian Prudential Regulation Authority’s (“APRA”) prior written approval.

On January 21, 2020, Genworth Holdings early redeemed $397 million of its 7.70% senior notes originally scheduled to mature in June 2020 for a

pre-tax

loss of $9 million. The senior notes were fully redeemed with a cash payment of $409 million, comprised of the outstanding principal balance of $397 million, accrued interest of $3 million and a make-whole premium of $9 million.

During the second quarter of 2020, Genworth Holdings repurchased $52 million principal amount of its senior notes with 2021 maturity dates for a

pre-tax

gain of $3 million and paid accrued interest thereon. In March 2020, Genworth Holdings also repurchased $14 million principal amount of its senior notes with 2021 maturity dates for a

pre-tax

gain of $1 million and paid accrued interest thereon.

On July 3, 2020, GFMIPL issued AUD$147 million floating rate subordinated notes due in July 2030 in exchange for AUD$147 million of its floating rate subordinated notes due in July 2025. In addition, on July 3, 2020, GFMIPL issued AUD$43 million floating rate subordinated notes due in July 2030. These notes will pay interest quarterly at a floating rate equal to the three-month bank bill swap reference rate plus a margin of a minimum of 5.0% per annum. GFMIPL has an option to redeem the notes at face value on July 3, 2025 and every

 

63

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

interest payment date thereafter up to and excluding the maturity date, and for certain tax and regulatory events (in each case subject to APRA’s prior written approval). Following the settlement of these transactions, GFMIPL has outstanding floating rate subordinated notes of AUD$53 million due in July 2025 and AUD$190 million due in July 2030.

(b)

Non-Recourse

Funding Obligations

In January 2020, upon receipt of approval from the Director of Insurance of the State of South Carolina, Rivermont Life Insurance Company I (“Rivermont I”) redeemed all of its $315 million of outstanding

non-recourse

funding obligations due in 2050. The early redemption resulted in a

pre-tax

loss of $4 million from the

write-off

of deferred borrowing costs.

(10) Income Taxes

The reconciliation of the federal statutory tax rate to the effective income tax rate was as follows for the periods indicated:

 

		Three months ended								Six months ended
		June 30,								June 30,
		2020				2019				2020				2019
Statutory U.S. federal income tax rate			21.0	%			21.0	%			21.0	%			21.0	%
Increase (reduction) in rate resulting from:
Swaps terminated prior to the TCJA			4.8				3.2				19.1				3.9
Effect of foreign operations			3.7				2.3				7.3				2.7
Non-deductible goodwill			1.2				—				2.7				—
Non-deductible expense			0.7				0.6				2.8				0.7
Tax favored investments			(0.8	)			(0.5	)			(3.2	)			(0.5	)
Stock-based compensation			0.1				0.1				2.9				—
Other, net			0.4				2.8				1.9				1.5
Effective rate			31.1	%			29.5	%			54.5	%			29.3	%

The increase in the effective tax rate for the three and six months ended June 30, 2020 was primarily attributable to tax expense on forward starting swaps settled prior to the enactment of the Tax Cuts and Jobs Act (“TCJA”), which are tax effected at 35% as they are amortized into net investment income, in relation to lower

pre-tax

income in the current year. The increase was also attributable to a higher tax expense related to foreign operations,

non-deductible

goodwill recorded in the current year and higher stock-based compensation for the six months ended June 30, 2020.

U.S. GAAP generally requires an annualized effective tax rate to be used for interim reporting periods, utilizing projections of full year results. However, in certain circumstances it is appropriate to record the actual effective tax rate for the period if a reliable full year estimate cannot be made. For the three and six months ended June 30, 2020, we have elected to record the actual effective tax rate for the period, primarily due to the sensitivity of the full year annualized effective rate

in relation to

small changes in projected

pre-tax

income

.

(11) Segment Information

We have the following four operating business segments: U.S. Mortgage Insurance; Australia Mortgage Insurance; U.S. Life Insurance (which includes our long-term care insurance, life insurance and fixed annuities

 

64

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

businesses); and Runoff (which includes the results of

non-strategic

products which have not been actively sold since 2011). In addition to our four operating business segments, we also have Corporate and Other activities which include debt financing expenses that are incurred at the Genworth Holdings level, unallocated corporate income and expenses, eliminations of inter-segment transactions and the results of other businesses that are managed outside of our operating segments, including certain smaller international mortgage insurance businesses and discontinued operations.

We tax our international businesses at their local jurisdictional tax rates and our domestic businesses at the U.S. corporate federal income tax rate of 21%. Our segment tax methodology applies the respective jurisdictional or domestic tax rate to the

pre-tax

income (loss) of each segment, which is then adjusted in each segment to reflect the tax attributes of items unique to that segment such as foreign withholding taxes and permanent differences between U.S. GAAP and local tax law. The difference between the consolidated provision for income taxes and the sum of the provision for income taxes in each segment is reflected in Corporate and Other activities.

The annually-determined tax rates and adjustments to each segment’s provision for income taxes are estimates which are subject to review and could change from year to year.

 

We use the same accounting policies and procedures to measure segment income (loss) and assets as our consolidated net income and assets. Our chief operating decision maker evaluates segment performance and allocates resources on the basis of “adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders.” We define adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders as income (loss) from continuing operations excluding the

after-tax

effects of income (loss) from continuing operations attributable to noncontrolling interests, net investment gains (losses), goodwill impairments, gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, gains (losses) on insurance block transactions, restructuring costs and infrequent or unusual

non-operating

items. Gains (losses) on insurance block transactions are defined as gains (losses) on the early extinguishment of

non-recourse

funding obligations, early termination fees for other financing restructuring and/or resulting gains (losses) on reinsurance restructuring for certain blocks of business. We exclude net investment gains (losses) and infrequent or unusual

non-operating

items because we do not consider them to be related to the operating performance of our segments and Corporate and Other activities. A component of our net investment gains (losses) is the result of estimated future credit losses, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to our discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Goodwill impairments, gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, gains (losses) on insurance block transactions and restructuring costs are also excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders because, in our opinion, they are not indicative of overall operating trends. Infrequent or unusual

non-operating

items are also excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders if, in our opinion, they are not indicative of overall operating trends.

While some of these items may be significant components of net income (loss) available to Genworth Financial, Inc.’s common stockholders in accordance with U.S. GAAP, we believe that adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, and measures that are derived from or incorporate adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the business. Management also uses adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders as a basis for determining awards and compensation for senior

 

65

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

management and to evaluate performance on a basis comparable to that used by analysts. However, the items excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders have occurred in the past and could, and in some cases will, recur in the future. Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders is not a substitute for net income (loss) available to Genworth Financial, Inc.’s common stockholders determined in accordance with U.S. GAAP. In addition, our definition of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders may differ from the definitions used by other companies.

Adjustments to reconcile net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) assume a 21% tax rate for our domestic segments and a 30% tax rate for our Australia Mortgage Insurance segment and are net of the portion attributable to noncontrolling interests. Net investment gains (losses) are also adjusted for DAC and other intangible amortization and certain benefit reserves.

In the second quarter of 2020, we recorded a goodwill impairment of $3 million

, net of the portion attributable to noncontrolling interests,

in our Australia mortgage insurance business.

During the second and first quarters of 2020, we repurchased $52 million and $14 million, respectively, principal amount of Genworth Holdings’ senior notes with 2021 maturity dates for a

pre-tax

gain of $3 million and $1 million, respectively. In January 2020, we paid a

pre-tax

make-whole expense of $9 million related to the early redemption of Genworth Holdings, Inc.’s senior notes originally scheduled to mature in June 2020 and Rivermont I, our indirect wholly-owned special purpose consolidated captive insurance subsidiary, early redeemed all of its $315 million outstanding

non-recourse

funding obligations originally due in 2050 resulting in a

pre-tax

loss of $4 million from the

write-off

of deferred borrowing costs. These transactions were excluded from adjusted operating income (loss) for the periods presented as they relate to gains (losses) on the early extinguishment of debt.

We recorded a

pre-tax

expense of $1 million and $2 million for the three and six months ended June 30, 2020, respectively, and $4 million for the six months ended June 30, 2019 related to restructuring costs as we continue to evaluate and appropriately size our organizational needs and expenses. There were no infrequent or unusual items excluded from adjusted operating income (loss) during the periods presented.

The following is a summary of revenues for our segments and Corporate and Other activities for the periods indicated:

 

		Three   months   ended June 30,								Six months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Revenues:
U.S. Mortgage Insurance segment		$	274			$	235			$	535			$	458
Australia Mortgage Insurance segment			136				96				163				206
U.S. Life Insurance segment:
Long-term care insurance			1,200				1,055				2,206				2,169
Life insurance			335				382				683				754
Fixed annuities			129				151				262				310
U.S. Life Insurance segment			1,664				1,588				3,151				3,233
Runoff segment			90				78				97				160
Corporate and Other activities			(26	)			(3	)			29				(19	)
Total revenues		$	2,138			$	1,994			$	3,975			$	4,038

 

 

 

66

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

The following tables present the reconciliation of net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders and a summary of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities for the periods indicated:

 

		Three months   ended June 30,								Six months   ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(441	)		$	168			$	(507	)		$	342
Add: net income from continuing operations attributable to noncontrolling interests			23				15				17				35
Add: net income from discontinued operations attributable to noncontrolling interests			—				35				—				71
Net income (loss)			(418	)			218				(490	)			448
Less: income (loss) from discontinued operations, net of taxes			(520	)			60				(520	)			122
Income from continuing operations			102				158				30				326
Less: net income from continuing operations attributable to noncontrolling interests			23				15				17				35
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders			79				143				13				291
Adjustments to income from continuing operations available to Genworth Financial, Inc.’s common stockholders:
Net investment (gains) losses, net (1)			(131	)			43				(16	)			(28	)
Goodwill impairment, net (2)			3				—				3				—
(Gains) losses on early extinguishment of debt			(3	)			—				9				—
Expenses related to restructuring			1				—				2				4
Taxes on adjustments			30				(8	)			1				6
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(21	)		$	178			$	12			$	273

 

 

 

 

 

 

 

 

 

 

(1)

For the three months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(4) and $(3) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $32 million and $—, respectively. For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(15) million and $(5) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $6   million in both periods.

 

 

(2)	For the three and six months ended June 30, 2020, goodwill impairment was adjusted for the portion attributable to noncontrolling interests of $2 million.

 

67

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

		Three months ended								Six months ended
		June 30,								June 30,
(Amounts in millions)		2020				2019				2020				2019
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders:
U.S. Mortgage Insurance segment		$	(3	)		$	147			$	145			$	271
Australia Mortgage Insurance segment			1				13				10				27
U.S. Life Insurance segment:
Long-term care insurance			48				37				49				17
Life insurance			(81	)			10				(158	)			8
Fixed annuities			28				19				34				36
U.S. Life Insurance segment			(5	)			66				(75	)			61
Runoff segment			24				9				11				29
Corporate and Other activities			(38	)			(57	)			(79	)			(115	)
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(21	)		$	178			$	12			$	273

The following is a summary of total assets for our segments and Corporate and Other activities as of the dates indicated:

 

(Amounts in millions)		June 30, 2020				December 31, 2019
Assets:
U.S. Mortgage Insurance segment		$	4,944			$	4,504
Australia Mortgage Insurance segment			2,439				2,406
U.S. Life Insurance segment			83,829				81,640
Runoff segment			9,783				9,953
Corporate and Other activities			2,642				2,839
Total assets		$	103,637			$	101,342

(12) Commitments and Contingencies

(a) Litigation and Regulatory Matters

We face the risk of litigation and regulatory investigations and actions in the ordinary course of operating our businesses, including the risk of class action lawsuits. Our pending legal and regulatory actions include proceedings specific to us and others generally applicable to business practices in the industries in which we operate. In our insurance operations, we are, have been, or may become subject to class actions and individual suits alleging, among other things, issues relating to sales or underwriting practices, increases to

in-force

long-term care insurance premiums, payment of contingent or other sales commissions, claims payments and procedures, product design, product disclosure, product administration, additional premium charges for premiums paid on a periodic basis, denial or delay of benefits, charging excessive or impermissible fees o

n

 

products

, recommending unsuitable products to customers, our pricing structures and business practices in our mortgage insurance businesses, such as captive reinsurance arrangements with lenders and contract underwriting services, violations of the Real Estate Settlement and Procedures Act of 1974 or related state anti-inducement laws, and mortgage insurance policy rescissions and curtailments, and breaching fiduciary or other duties to

 

68

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

customers, including but not limited to breach of customer information. Plaintiffs in class action and other lawsuits against us may seek very large or indeterminate amounts which may remain unknown for substantial periods of time. In our investment-related operations, we are subject to litigation involving commercial disputes with counterparties. We are also subject to litigation arising out of our general business activities such as our contractual and employment relationships, post-closing obligations associated with previous dispositions and securities lawsuits. In addition, we are also subject to various regulatory inquiries, such as information requests, subpoenas, books and record examinations and market conduct and financial examinations from state, federal and international regulators and other authorities. A substantial legal liability or a significant regulatory action against us could have an adverse effect on our business, financial condition and results of operations. Moreover, even if we ultimately prevail in the litigation, regulatory action or investigation, we could suffer significant reputational harm, which could have an adverse effect on our business, financial condition or results of operations.

In January 2016, Genworth Financial, its current chief executive officer, its former chief executive officer, its former chief financial officer and current and former members of its board of directors were named in a shareholder derivative suit filed by International Union of Operating Engineers Local No. 478 Pension Fund, Richard L. Salberg and David Pinkoski in the Court of Chancery of the State of Delaware. The case was captioned

Int’l Union of Operating Engineers Local No.

 478 Pension Fund, et al v. McInerney, et al.

In February 2016, Genworth Financial, its current chief executive officer, its former chief executive officer, its former chief financial officer and current and former members of its board of directors were named in a second shareholder derivative suit filed by Martin Cohen in the Court of Chancery of the State of Delaware. The case was captioned

Cohen v. McInerney, et al

. On February 23, 2016, the Court of Chancery of the State of Delaware consolidated these derivative suits under the caption

Genworth Financial, Inc. Consolidated Derivative Litigation

. On March 28, 2016, plaintiffs in the consolidated action filed an amended complaint. The amended complaint alleges breaches of fiduciary duties concerning Genworth’s long-term care insurance reserves and concerning Genworth’s Australian mortgage insurance business, including our plans for an IPO of the business and seeks unspecified damages, costs, attorneys’ fees and such equitable relief as the Court may deem proper. The amended consolidated complaint also adds Genworth’s current chief financial officer as a defendant, based on the current chief financial officer’s alleged conduct in her former capacity as Genworth’s controller and principal accounting officer. We moved to dismiss the consolidated action on May 27, 2016. Thereafter, plaintiffs filed a substantially similar second amended complaint which we moved to dismiss on September 16, 2016. The motion is fully briefed and awaiting disposition by the Court. The action is stayed pending the completion of the proposed China Oceanwide transaction.

In October 2016, Genworth Financial, its current chief executive officer, its former chief executive officer, its current chief financial officer, its former chief financial officer and current and former members of its board of directors were named in a shareholder derivative suit filed by Esther Chopp in the Court of Chancery of the State of Delaware. The case is captioned

Chopp v. McInerney, et al.

The complaint alleges that Genworth’s board of directors wrongfully refused plaintiff’s demand to commence litigation on behalf of Genworth and asserts claims for breaches of fiduciary duties, waste, contribution and indemnification, and unjust enrichment concerning Genworth’s long-term care insurance reserves and concerning Genworth’s Australian mortgage insurance business, including our plans for an IPO of the business, and seeks unspecified damages, costs, attorneys’ fees and such equitable relief as the Court may deem proper. We filed a motion to dismiss on November 14, 2016. The action is stayed pending the completion of the proposed China Oceanwide transaction.

In December 2017, Genworth Financial International Holdings, LLC (“GFIH”) and Genworth Financial were named as defendants in an action captioned

AXA S.A. v. Genworth Financial International Holdings, LLC et

al.,

 

69

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

in the High Court of Justice, Business and Property Courts of England and Wales. In the action, AXA initially sought in excess of £28 million on an indemnity provided for in the 2015 agreement pursuant to which Genworth sold to AXA two insurance companies, Financial Insurance Company Limited (“FICL”) and Financial Assurance Company Limited (“FACL”), relating to alleged remediation it has paid to customers who purchased payment protection insurance (“PPI”). In February 2018, we served a Particulars of Defence and counterclaim against AXA, and also served other counterclaims against various parties, including Santander Cards UK Limited (“Santander”), alleging that Santander is responsible for any remediation paid to PPI customers. AXA and Santander applied to the Court for orders dismissing or staying the counterclaims. A hearing on those applications was held in October 2018, and the Court dismissed our counterclaims. On November 15, 2018, AXA amended its claim and updated its demand to £237 million. We filed our amended Particulars of Defence and amended counterclaim on December 13, 2018, seeking, among other forms of relief, a declaration that in the event we make any payment to AXA pursuant to the indemnity, we are subrogated to FICL’s and FACL’s rights against Santander with respect to those amounts. On February 25, 2019, AXA amended its claim and updated its demand to £265 million. The Court held a case management conference and hearing on February 26, 2019. Santander, FICL and FACL consented to be joined as parties to the proceedings and consented to allow Genworth to amend its pleadings to include the subrogation declarations to reflect the additional parties. On March 29, 2019, AXA, FICL, FACL and Santander filed their respective responses to our amended counterclaim. On June 21, 2019, we filed an application to address certain deficiencies in AXA’s discovery production. On July 18, 2019, we reached an agreement with AXA and Santander regarding our discovery application. The hearing on liability and subrogation matters concluded on November 12, 2019. On December 6, 2019, the Court issued its judgment, ruling in AXA’s favor with respect to its claim against Genworth for 90% of AXA’s payment of PPI

mis-selling

losses. The Court further ruled, among other matters, that Genworth is not entitled to be subrogated to the rights of FICL/FACL against Santander or require AXA to assert reasonable defenses with respect to PPI

mis-selling

claims. In January 2020, we made an interim payment to AXA for approximately $134 million, which was previously accrued in December 2019 in connection with the aforementioned Court ruling. On January 10, 2020, Genworth applied to the English Court of Appeal (Civil Division) for permission to appeal certain aspects of the December 6, 2019 judgment including, among other matters, the Court’s determination that Genworth is not entitled to be subrogated to the rights of FICL/FACL against Santander or require AXA to assert reasonable defenses with respect to PPI

mis-selling

claims. On March 16, 2020, the English Court of Appeal (Civil Division) denied permission for Genworth to appeal the December 6, 2019 judgment.

 

On June 8

, 2020,

AXA

amended

its claim

and updated

 its

demand

to

£499 million

,

 

excluding

 an

alleged claim

 

for

a

tax gross up for a  possible additional

amount

of £117 million or more.

The damages hearing took place from June 15, 2020 through June 23, 2020

.

 

O

n July 20, 2020, Genworth and GFIH entered into a settlement agreement with AXA

pur

suant t

o which the parties

 have agreed, pending satisfaction of certain conditions, not to enforce, appeal or set aside the

liability

judgment

of December 6, 2019 and

the

subseque

ntly iss

ued

damages

judgment of July 27, 2020.

See note 14 f

o

r

 

additional

details on the terms of the settlement with AXA

, the

sale of our former lifestyle protection insurance business

and amo

unts recor

ded r

el

ated to

loss

from d

i

scon

ti

n

ued

operations

.

In September 2018, Genworth Life and Annuity Insurance Company (“GLAIC”), our indirect wholly-owned subsidiary, was named as a defendant in a putative class action lawsuit pending in the United States District Court for the Eastern District of Virginia captioned

TVPX ARX INC., as Securities Intermediary for Consolidated Wealth Management, LTD. on behalf of itself and all others similarly situated v. Genworth Life and Annuity

Insurance Company

. Plaintiff alleges unlawful and excessive cost of insurance charges were imposed on policyholders. The complaint asserts claims for breach of contract, alleging that Genworth improperly considered

non-mortality

factors when calculating cost of insurance rates and failed to decrease cost of insurance charges in light of improved expectations of future mortality, and seeks unspecified compensatory damages,

costs

, and

 

70

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

equitable relief. On October 29, 2018, we filed a motion to enjoin the case in the Middle District of Georgia, and a motion to dismiss and motion to stay in the Eastern District of Virginia. We moved to enjoin the prosecution of the Eastern District of Virginia action on the basis that it involves claims released in a prior nationwide class action settlement (the “McBride settlement”) that was approved by the Middle District of Georgia. Plaintiff filed an amended complaint on November 13, 2018. On December 6, 2018, we moved the Middle District of Georgia for leave to file our counterclaim, which alleges that plaintiff breached the covenant not to sue contained in the prior settlement agreement by filing its current action. On March 15, 2019, the Middle District of Georgia granted our motion to enjoin and denied our motion for leave to file our counterclaim. As such, plaintiff is enjoined from pursuing its class action in the Eastern District of Virginia. On March 29, 2019, plaintiff filed a notice of appeal in the Middle District of Georgia, notifying the Court of its appeal to the United States Court of Appeals for the Eleventh Circuit from the order granting our motion to enjoin. On March 29, 2019, we filed our notice of cross-appeal in the Middle District of Georgia, notifying the Court of our cross-appeal to the Eleventh Circuit from the portion of the order denying our motion for leave to file our counterclaim. On April 8, 2019, the Eastern District of Virginia dismissed the case without prejudice, with leave for plaintiff to refile an amended complaint only if a final appellate Court decision vacates the injunction and reverses the Middle District of Georgia’s opinion. On May 21, 2019, plaintiff filed its appeal and memorandum in support in the Eleventh Circuit. We filed our response to plaintiff’s appeal memorandum on July 3, 2019. The Eleventh Circuit Court of Appeals heard oral argument on plaintiff’s appeal and our cross-appeal on April 21, 2020. On May 26, 2020, the Eleventh Circuit Court of Appeals vacated the Middle District of Georgia’s order enjoining Plaintiff’s class action and remanded the case back to the Middle District of Georgia for further factual development as to whether Genworth has altered how it calculates or charges cost of insurance since the McBride settlement. The Eleventh Circuit Court of Appeals did not reach a decision on Genworth’s counterclaim. We intend to continue to vigorously defend the dismissal of this action.

In September 2018, Genworth Financial, Genworth Holdings, Genworth North America Corporation, GFIH and Genworth Life Insurance Company (“GLIC”) were named as defendants in a putative class action lawsuit pending in the Court of Chancery of the State of Delaware captioned

Richard

 F. Burkhart, William

 E. Kelly, Richard

 S. Lavery, Thomas

 R. Pratt, Gerald Green, individually and on behalf of all other persons similarly situated v. Genworth et

 al

. Plaintiffs allege that GLIC paid dividends to its parent and engaged in certain reinsurance transactions causing it to maintain inadequate capital capable of meeting its obligations to GLIC policyholders and agents. The complaint alleges causes of action for intentional fraudulent transfer and constructive fraudulent transfer, and seeks injunctive relief. We moved to dismiss this action in December 2018. On January 29, 2019, plaintiffs exercised their right to amend their complaint. On March 12, 2019, we moved to dismiss plaintiffs’ amended complaint. On April 26, 2019, plaintiffs filed a memorandum in opposition to our motion to dismiss, which we replied to on June 14, 2019. On August 7, 2019, plaintiffs filed a motion seeking to prevent proceeds that GFIH expected to receive from the then planned sale of its shares in Genworth Canada

 

from being transferred out of GFIH. On September 11, 2019, plaintiffs filed a renewed motion seeking the same relief from their August 7, 2019 motion with an exception that allowed GFIH to transfer $450 million of expected proceeds from the sale of Genworth Canada through a dividend to Genworth Holdings to allow the pay off of a senior secured term loan facility dated March 7, 2018 among Genworth Holdings as the borrower, GFIH as the limited guarantor and the lending parties thereto. Oral arguments on our motion to dismiss and plaintiffs’ motion occurred on October 21, 2019, and plaintiffs’ motion was denied. On January 31, 2020, the Court granted in part our motion to dismiss, dismissing claims relating to $395 million in dividends GLIC paid to its parent from 2012 to 2014 (out of the $410 million in total dividends subject to plaintiffs’ claims). The Court denied the balance of the motion to dismiss leaving a claim relating to $15 million in dividends and unquantified claims relating to the 2016 termination of a reinsurance transaction. On March 27, 2020, we filed our answer to plaintiffs’ amended complaint. We intend to continue to vigorously defend this action.

 

71

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

In January 2019, Genworth Financial and GLIC were named as

defendants

in a putative class action lawsuit pending in the United States District Court for the Eastern District of Virginia captioned

Jerome Skochin, Susan Skochin, and Larry Huber, individually and on behalf of all other persons similarly situated v. Genworth Financial, Inc. and Genworth Life Insurance Company

. Plaintiffs seek to represent long-term care insurance policyholders, alleging that Genworth made misleading and inadequate disclosures regarding premium increases for long-term care insurance policies. The complaint asserts claims for breach of contract, fraud, fraudulent inducement and violation of Pennsylvania’s Unfair Trade Practices and Consumer Protection Law (on behalf of the two named plaintiffs who are Pennsylvania residents), and seeks damages (including statutory treble damages under Pennsylvania law) in excess of $5 million. On March 12, 2019, we moved to dismiss plaintiffs’ complaint. On March 26, 2019, plaintiffs filed a memorandum in opposition to our motion to dismiss, which we replied to on April 1, 2019. In July 2019, the Court heard oral arguments on our motion to dismiss. On August 29, 2019, the Court issued an order granting our motion to dismiss the claim with regard to breach of contract, but denied our motion with regard to fraudulent omission, fraudulent inducement and violation of the Pennsylvania Unfair Trade Practices and Consumer Protection law. On September 20, 2019, plaintiffs filed an amended complaint, dropping Genworth Financial as a defendant and reducing their causes of action from four counts to two: fraudulent inducement by omission and violation of Pennsylvania’s Unfair

Trade

Practices and Consumer Protection Law (on behalf of the two named plaintiffs who are Pennsylvania residents). The parties engaged in a mediation process and, on October 22, 2019, reached an agreement in principle to settle this matter on a nationwide basis. On November 22, 2019, plaintiffs filed an amended complaint, adding Genworth Life Insurance Company of New York as a defendant and expanding the class to all fifty states and the District of Columbia. On January 15, 2020, the Court preliminarily approved the settlement and set the final approval hearing for July 10, 2020. On March 26, 2020, the parties filed a Joint Motion for Leave to Amend certain aspects of the settlement, which was approved by the Court on March 31, 2020. On April 10, 2020, the Indiana Department of Insurance filed a Motion to Intervene and Motion to Stay, seeking to stay the current schedule for class settlement and delay the date of the final approval hearing in light of disruptions caused by

COVID-19.

On April 14, 2020, the class administrator sent out class notices to potential settlement class members. On April 17, 2020, plaintiffs filed their opposition to the Indiana Department of Insurance’s motion to stay.

 

The Court conducted final approval hearings on July 10, 2020 and July 14, 2020 and has continued the final approval hearing to September 11, 2020.

Based on the Court’s preliminary approval of the settlement, we do not anticipate the outcome of this matter to have a material adverse impact on our results of operations or financial position. If the court does not approve the final settlement, we intend to continue to vigorously defend this action.

On April 6, 2020, GLAIC, our indirect wholly-owned subsidiary, was named as a defendant in a putative class action lawsuit filed in the United States District Court for the Eastern District of Virginia,

captioned Brighton Trustees, LLC, on behalf of and as trustee for Diamond LS Trust; and Bank of Utah, solely as securities intermediary for Diamond LS Trust; on behalf of themselves and all others similarly situated v. Genworth Life and Annuity Insurance Company.

On May 13, 2020, GLAIC was also named as a defendant in a putative class action lawsuit filed in the United States District Court for the Eastern District of Virginia, captioned

Ronald L. Daubenmier, individually and on behalf of himself and all others similarly situated v. Genworth Life and Annuity Insurance Company

. On June 26, 2020, Plaintiffs filed a consent motion to consolidate the two cases. On June 30, 2020, the United States District Court for the Eastern District of Virginia issued an order consolidating the Brighton Trustees and Daubenmier cases. On July 17, 2020, the Brighton Trustees and Daubenmier Plaintiffs filed a consolidated complaint, alleging that GLAIC subjected policyholders to an unlawful and excessive cost of insurance increase. The consolidated complaint asserts claims for breach of contract and injunctive relief, and seeks damages in excess of $5 million. Our responsive pleading deadline is August 31, 2020. We intend to vigorously defend this action.

 

72

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

At this time we cannot determine or predict the ultimate outcome of any of the pending legal and regulatory matters specifically identified above or the likelihood of potential future legal and regulatory matters against us. Except as disclosed above, we are not able to provide an estimate or range of reasonably possible losses related to these matters. Therefore, we cannot ensure that the current investigations and proceedings will not have a material adverse effect on our business, financial condition or results of operations. In addition, it is possible that related investigations and proceedings may be commenced in the future, and we could become subject to additional unrelated investigations and lawsuits. Increased regulatory scrutiny and any resulting investigations or proceedings could result in new legal precedents and industry-wide regulations or practices that could adversely affect our business, financial condition and results of operations.

(b) Commitments

As of June 30, 2020, we were committed to fund $1,135 million in limited partnership investments, $84 million in U.S. commercial mortgage loan investments and $32 million in private placement investments. As of June 30, 2020, we were also committed to fund $35 million of bank loan investments which had not yet been drawn.

(13) Changes in Accumulated Other Comprehensive Income (Loss)

The following tables show the changes in accumulated other comprehensive income (loss), net of taxes, by component as of and for the periods indicated:

 

(Amounts in millions)		Net unrealized investment gains (losses)   (1)				Derivatives qualifying   as hedges   (2)				Foreign currency translation and other adjustments				Total
Balances as of April 1, 2020		$	1,140			$	2,755			$	(80	)		$	3,815
OCI before reclassifications			762				(48	)			73				787
Amounts reclassified from (to) OCI			(88	)			(30	)			—				(118	)
Current period OCI			674				(78	)			73				669
Balances as of June 30, 2020 before noncontrolling interests			1,814				2,677				(7	)			4,484
Less: change in OCI attributable to noncontrolling interests			3				—				34				37
Balances as of June 30, 2020		$	1,811			$	2,677			$	(41	)		$	4,447

 

(1)	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.

(2)	See note 5 for additional information.

 

73

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

(Amounts in millions)		Net unrealized investment gains (losses) (1)				Derivatives qualifying   as hedges   (2)				Foreign currency translation and other adjustments				Total
Balances as of April 1, 2019		$	943			$	1,850			$	(301	)		$	2,492
OCI before reclassifications			375				157				43				575
Amounts reclassified from (to) OCI			1				(24	)			—				(23	)
Current period OCI			376				133				43				552
Balances as of June 30, 2019 before noncontrolling interests			1,319				1,983				(258	)			3,044
Less: change in OCI attributable to noncontrolling interests			14				—				17				31
Balances as of June 30, 2019		$	1,305			$	1,983			$	(275	)		$	3,013

 

(1)	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.

(2)	See note 5 for additional information.

 

(Amounts in millions)		Net unrealized investment gains (losses) (1)				Derivatives qualifying   as hedges   (2)				Foreign currency translation and other adjustments				Total
Balances as of January 1, 2020		$	1,456			$	2,002			$	(25	)		$	3,433
OCI before reclassifications			448				735				(25	)			1,158
Amounts reclassified from (to) OCI			(94	)			(60	)			—				(154	)
Current period OCI			354				675				(25	)			1,004
Balances as of June 30, 2020 before noncontrolling interests			1,810				2,677				(50	)			4,437
Less: change in OCI attributable to noncontrolling interests			(1	)			—				(9	)			(10	)
Balances as of June 30, 2020		$	1,811			$	2,677			$	(41	)		$	4,447

 

(1)	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.

(2)	See note 5 for additional information.

 

74

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

(Amounts in millions)		Net unrealized investment gains (losses) (1)				Derivatives qualifying   as hedges   (2)				Foreign currency translation and other adjustments				Total
Balances as of January 1, 2019		$	595			$	1,781			$	(332	)		$	2,044
OCI before reclassifications			802				254				97				1,153
Amounts reclassified from (to) OCI			(46	)			(52	)			—				(98	)
Current period OCI			756				202				97				1,055
Balances as of June 30, 2019 before noncontrolling interests			1,351				1,983				(235	)			3,099
Less: change in OCI attributable to noncontrolling interests			46				—				40				86
Balances as of June 30, 2019		$	1,305			$	1,983			$	(275	)		$	3,013

 

(1)	Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information.

(2)	See note 5 for additional information.

The foreign currency translation and other adjustments balance in the charts above included $(2) million, net of taxes of $1 million, related to a net unrecognized postretirement benefit obligation as of June 30, 2019. The balance also included taxes of $22 million and $(45) million, respectively, related to foreign currency translation adjustments as of June 30, 2020 and 2019.

The following table shows reclassifications in (out) of accumulated other comprehensive income (loss), net of taxes, for the periods presented:

 

		Amount reclassified from accumulated
		other comprehensive income (loss)																Affected line item in the consolidated statements of income
		Three months ended June 30,								Six months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Net unrealized investment (gains) losses:
Unrealized (gains) losses on investments  (1)		$	(112	)		$	2			$	(119	)		$	(58	)		Net investment (gains) losses
Income taxes			24				(1	)			25				12			Provision for income taxes
Total		$	(88	)		$	1			$	(94	)		$	(46	)
Derivatives qualifying as hedges:
Interest rate swaps hedging assets		$	(46	)		$	(42	)		$	(89	)		$	(80	)		Net investment income
Interest rate swaps hedging assets			—				4				(4	)			(2	)		Net investment (gains) losses
Foreign currency swaps			—				1				—				1			Net investment income
Income taxes			16				13				33				29			Provision for income taxes
Total		$	(30	)		$	(24	)		$	(60	)		$	(52	)

 

(1)	Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

 

75

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

(14) Discontinued Operations

Canada mortgage insurance business

On December 12, 2019, we completed the sale of Genworth Canada, our former Canada mortgage insurance business and received approximately $1.7 billion in net cash proceeds. Prior to its sale, in the third quarter of 2019, Genworth Canada was reported as discontinued operations; accordingly, its results of operations were separately reported for the three and six months ended June 30, 2019.

A summary of operating results related to Genworth Canada reported as discontinued operations were as follows for the three and six months ended June 30, 2019:

 

(Amounts in millions)		Three months   ended June 30, 2019				Six months   ended June 30,   2019
Revenues:
Premiums		$	125			$	251
Net investment income			36				71
Net investment gains (losses)			1				—
Total revenues			162				322
Benefits and expenses:
Benefits and other changes in policy reserves			19				38
Acquisition and operating expenses, net of deferrals			18				32
Amortization of deferred acquisition costs and intangibles			11				21
Interest expense (1)			13				25
Total benefits and expenses			61				116
Income before income taxes (2)			101				206
Provision for income taxes			41				84
Income from discontinued operations, net of taxes			60				122
Less: net income from discontinued operations attributable to noncontrolling interests			35				71
Income from discontinued operations available to Genworth Financial, Inc.’s common stockholders		$	25			$	51

 

(1)

Interest on debt assumed by Brookfield and interest on debt that was repaid as a result of the sale of Genworth Canada was allocated and reported in discontinued operations. A senior secured term loan facility (“Term Loan”), owed by Genworth Holdings and secured by GFIH’s ownership interest in Genworth Canada’s outstanding common shares, was repaid in connection with the close of the Genworth Canada sale. Accordingly, interest expense related to the Term Loan of $8 million and $16 million for the three and six months ended June 30, 2019, respectively, was allocated and reported in discontinued operations.

(2)	The three and six months ended June 30, 2019 includes pre-tax income from discontinued operations available to Genworth Financial, Inc.’s common stockholders of $55 million and $111 million, respectively.

 

76

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

Lifestyle protection insurance

On December 1, 2015, we completed the sale of our lifestyle protection insurance business to AXA. In June 2020, we accrued a contingent liability of $653 million that was reflected as liabilities related to discontinued operations in our unaudited condensed consolidated balance sheet as of June 30, 2020. The contingent liability was recorded in connection with a settlement agreement reached with AXA on July 20, 2020

 f

or losses incurred from mis-selling complaints on policies sold from 1970 through 2004. An

 

after-tax

loss

of $516 million

related to

the

settlement

was also included in loss from discontinued operations for the three and six months ended June 30, 2020, along with other

after-tax

legal fees and expenses of $4 million. See note 12 for additional details related to the case regarding the sale of our lifestyle protection insurance business.

As part of the settlement agreement, we agreed to

make payments for

 

certain payment protection insurance

 mis

-selling

claims, along with

 a significant p

ortion of

future claims that are still being processed. On July 21, 2020, under the settlement agreement, we paid an initial amount of £100 million ($125 million) to AXA. In addition, we issued a secured promissory note to AXA, under which we agreed to make deferred cash payments totaling approximately £317 million in two installment payments on June 2022 and September 2022. Future claims that are still being processed will be added to the promissory note as part of the September 2022 payment. The promissory note will accrue interest at a fixed rate of 5.25% due quarterly, with a potential for an interest rate decrease to 2.75% following certain prepayment trigger events. To secure our obligation under the promissory note, we granted a 19.9% security interest, held by us through our subsidiaries, in both our outstanding common stock of Genworth Mortgage Holdings, Inc. (“GMHI”) and Genworth Mortgage Insurance Australia Limited to AXA. AXA does not have the right to sell or repledge the collateral and is not entitled to any voting rights. The collateral will be released back to us upon full repayment of the promissory note. Accordingly, the collateral arrangement has no impact on our unaudited condensed consolidated financial statements. In the event AXA recovers amounts from third parties related to the

mis-selling

losses, including from the distributor responsible for the sale of the policies, we have certain rights to share in those recoveries to recoup payments for the underlying

mis-selling

losses. As of June 30, 2020, we have not recorded any amounts associated with recoveries from third parties.

The promissory note is also subject to certain mandatory prepayments upon the occurrence of:

 

•

the consummation of certain qualifying debt transactions in which total gross proceeds of at least $750 million are raised;

 

•

the consummation of certain qualifying equity issuances or dispositions with respect to GMHI, or any of our subsidiaries, in which total net cash proceeds of at least $475 million are raised;

 

•

certain dispositions of our U.S. mortgage insurance business;

 

•

the consummation of the China Oceanwide merger and the funding of the contemplated capital investment plan;

 

•

transactions involving a change of control of Genworth, other than the China Oceanwide transaction; and

 

•

receipt of dividends and sale proceeds from certain Genworth subsidiaries above certain threshold amounts.

The promissory note also contains certain negative and affirmative covenants, representations and warranties and customary events of default.

 

77

---

Table of Contents

GENWORTH FINANCIAL, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

 

In January 2020, we made an interim payment to AXA for £100 million ($134 million), which was accrued as a contingent liability and reflected as liabilities related to discontinued operations as of December 31, 2019. This amount was included in income (loss) from discontinued operations for the year ended December 31, 2019.

We have established our current best estimates for future claims that are still being processed under the settlement agreement, as well as for an unrelated liability related to certain claims and other expenses; however, there may be future adjustments to these estimates. If amounts are different from our estimates, it could result in an adjustment to our liabilities and an additional amount reflected in income (loss) from discontinued operations.

 

78

---

Table of Contents

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

 

 

 

 

 

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our unaudited condensed consolidated financial statements and related notes included herein and with our 2019 Annual Report on Form

10-K.

References to “Genworth Financial,” “Genworth,” the “Company,” “we” or “our” herein are, unless the context otherwise requires, to Genworth Financial, Inc. on a consolidated basis.

Cautionary note regarding forward-looking statements

This report contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “expects,” “intends,” “anticipates,” “plans,” “believes,” “seeks,” “estimates,” “will” or words of similar meaning and include, but are not limited to, statements regarding the outlook for our future business and financial performance. Examples of forward-looking statements include statements we make relating to the closing of the transaction with China Oceanwide Holdings Group Co., Ltd. (together with its affiliates, “China Oceanwide”), China Oceanwide’s funding plans and transactions we are pursuing to address our near-term liabilities and financial obligations, which may include raising debt through our mortgage insurance subsidiaries and/or transactions to sell a percentage of our ownership interests in our mortgage insurance businesses, as well as statements we make regarding the potential impacts of the coronavirus pandemic

(“COVID-19”).

Forward-looking statements are based on management’s current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially from those in the forward-looking statements due to global political, economic, business, competitive, market, regulatory and other factors and risks, including, but not limited to, the following:

 

•

risks related to the proposed transaction with China Oceanwide including: the risk that China Oceanwide will be unable to raise funding and our inability to complete the China Oceanwide transaction on the agreed terms, in a timely manner or at all, which may adversely affect our business and the price of our common stock; the risk that we will be unable to address our near-term liabilities and financial obligations, including the risks that we will be unable to raise new debt financing and/or sell a percentage of our ownership interest in our U.S. mortgage insurance business to repay the promissory note to AXA or refinance our debt maturing in 2021 or beyond; the parties’ inability to obtain regulatory approvals, clearances or extensions, or the possibility that such regulatory approvals or clearances may further delay the China Oceanwide transaction or may not be received prior to September 30, 2020 (and either or both of the parties may not be willing to further waive their end date termination rights beyond September 30, 2020) or that materially burdensome or adverse regulatory conditions may be imposed or undesirable measures may be required in connection with any such regulatory approvals, clearances or extensions (including those conditions or measures that either or both of the parties may be unwilling to accept or undertake, as applicable) or that with continuing delays, circumstances may arise that make one or more previously obtained regulatory approvals or clearances no longer valid, one or both parties unwilling to proceed with the China Oceanwide transaction or unable to comply with the conditions to existing regulatory approvals, or one or both of the parties may be unwilling to accept any new condition under a regulatory approval; the risk that the parties will not be able to obtain other regulatory approvals, clearances or extensions, including in connection with a potential alternative funding structure or the current geo-political environment, or that one or more regulators may rescind or fail to extend existing approvals, or that the revocation by one regulator of approvals will lead to the revocation of approvals by other regulators; the parties’ inability to obtain any necessary regulatory approvals, clearances or extensions for the post-closing capital plan; the risk that a condition to the closing of the China Oceanwide transaction may not be satisfied or that a condition to closing that is currently satisfied may not remain satisfied due to the delay in closing the China Oceanwide transaction or that the parties will be unable to agree upon a closing date following receipt of all regulatory approvals and clearances; the risk regarding the ongoing availability of any required financing; the risk that existing and potential legal proceedings may be instituted against us in connection with the China Oceanwide transaction that may

 

 

 

 

 

79

---

Table of Contents

delay the transaction, make it more costly or ultimately preclude it; the risk that the proposed China Oceanwide transaction disrupts our current plans and operations as a result of the announcement and consummation of the transaction; potential adverse reactions or changes to our business relationships with clients, employees, suppliers or other parties or other business uncertainties resulting from the announcement of the China Oceanwide transaction or during the pendency of the transaction, including but not limited to such changes that could affect our financial performance; certain restrictions during the pendency of the China Oceanwide transaction that may impact our ability to pursue certain business opportunities or strategic transactions; continued availability of capital and financing to us before, or in the absence of, the consummation of the China Oceanwide transaction; further rating agency actions and downgrades in our credit or financial strength ratings; changes in applicable laws or regulations; our ability to recognize the anticipated benefits of the China Oceanwide transaction; the amount of the costs, fees, expenses and other charges related to the China Oceanwide transaction; the risks related to diverting management’s attention from our ongoing business operations; and our ability to attract, recruit, retain and motivate current and prospective employees may be adversely affected;

 

 

 

 

 

 

 

 

 

•

strategic risks in the event the proposed transaction with China Oceanwide is not consummated including: our inability to successfully execute alternative strategic plans to effectively address our current business challenges (including with respect to stabilizing our U.S. life insurance businesses, debt and other obligations, cost savings, ratings and capital); the risk that the impacts of or uncertainty created by COVID-19 delay or hinder alternative transactions or otherwise make alternative plans less attractive; our inability to attract buyers for any businesses or other assets we may seek to sell, or securities we may seek to issue, in each case, in a timely manner and on anticipated terms; failure to obtain any required regulatory, stockholder and/or noteholder approvals or consents for such alternative strategic plans, or our challenges changing or being more costly or difficult to successfully address than currently anticipated or the benefits achieved being less than anticipated; inability to achieve anticipated cost-savings in a timely manner; adverse tax or accounting charges; and our ability to raise the capital needed in our mortgage insurance businesses in a timely manner and on anticipated terms, including through business performance, reinsurance or similar transactions, asset sales, securities offerings or otherwise, in each case as and when required;

 

 

 

 

 

 

 

•

risks relating to estimates, assumptions and valuations including: inadequate reserves and the need to increase reserves (including as a result of any changes we may make to our assumptions, methodologies or otherwise in connection with periodic or other reviews, including reviews we expect to complete and carry out in the fourth quarter of 2020); risks related to the impact of our annual review of assumptions and methodologies related to our long-term care insurance claim reserves and margin reviews in the fourth quarter of 2020, including risks that additional information obtained in finalizing our claim reserves and margin reviews in the fourth quarter of 2020 or other changes to assumptions or methodologies materially affect margins; the inability to accurately estimate the impacts of COVID-19; inaccurate models; deviations from our estimates and actuarial assumptions or other reasons in our long-term care insurance, life insurance and/or annuity businesses; accelerated amortization of deferred acquisition costs (“DAC”) and present value of future profits (“PVFP”) (including as a result of any changes we may make to our assumptions, methodologies or otherwise in connection with periodic or other reviews, including reviews we expect to complete and carry out in the fourth quarter of 2020); adverse impact on our financial results as a result of projected profits followed by projected losses (as is currently the case with our long-term care insurance business); adverse impact on our results of operations, including the outcome of our reviews of the premium earnings pattern for our mortgage insurance businesses; and changes in valuation of fixed maturity and equity securities;

 

 

 

 

 

 

 

•

risks relating to economic, market and political conditions including: downturns and volatility in global economies and equity and credit markets, including as a result of prolonged unemployment, a sustained low interest rate environment and other displacements caused by COVID-19; interest rates and changes in rates have adversely impacted, and may continue to materially adversely impact, our

 

 

 

 

 

 

 

80

---

Table of Contents

business and profitability; deterioration in economic conditions or a decline in home prices that adversely affect our loss experience in mortgage insurance; political and economic instability or changes in government policies; and fluctuations in foreign currency exchange rates and international securities markets;

 

 

 

 

 

 

 

•

regulatory and legal risks including: extensive regulation of our businesses and changes in applicable laws and regulations (including changes to tax laws and regulations); litigation and regulatory investigations or other actions; dependence on dividends and other distributions from our subsidiaries (particularly our mortgage insurance subsidiaries) and the inability of any subsidiaries to pay dividends or make other distributions to us, including as a result of the performance of our subsidiaries, heightened regulatory restrictions resulting from COVID-19, and other insurance, regulatory or corporate law restrictions; the inability to successfully seek in-force rate action increases (including increased premiums and associated benefit reductions) in our long-term care insurance business, including as a result of COVID-19; adverse change in regulatory requirements, including risk-based capital; changes in regulations adversely affecting our Australian mortgage insurance business; inability to continue to maintain the private mortgage insurer eligibility requirements (“PMIERs”); the impact on capital levels of increased delinquencies caused by COVID-19; inability of our U.S. mortgage insurance subsidiaries to meet minimum statutory capital requirements; the influence of Federal National Mortgage Association (“Fannie Mae”), Federal Home Loan Mortgage Corporation (“Freddie Mac”) and a small number of large mortgage lenders on the U.S. mortgage insurance market and adverse changes to the role or structure of Fannie Mae and Freddie Mac; adverse changes in regulations affecting our mortgage insurance businesses; additional restrictions placed on our U.S. mortgage insurance business by government and government-owned and government-sponsored enterprises (“GSEs”) in connection with a new debt financing and/or sale of a percentage of our ownership interests therein; inability to continue to implement actions to mitigate the impact of statutory reserve requirements; changes in tax laws; and changes in accounting and reporting standards;

 

 

 

 

 

 

 

•

liquidity, financial strength ratings, credit and counterparty risks including: insufficient internal sources to meet liquidity needs and limited or no access to capital (including the ability to obtain further financing, either through raising new debt financing and/or selling a percentage of our ownership interests in our mortgage insurance businesses, or under a secured term loan or credit facility); the impact on holding company liquidity caused by the inability to receive dividends or other returns of capital from our mortgage insurance businesses as a result of COVID-19; the impact of increased leverage as a result of the AXA settlement and related restrictions; continued availability of capital and financing; future adverse rating agency actions, including with respect to rating downgrades or potential downgrades or being put on review for potential downgrade, all of which could have adverse implications for us, including with respect to key business relationships, product offerings, business results of operations, financial condition and capital needs, strategic plans, collateral obligations and availability and terms of hedging, reinsurance and borrowings; defaults by counterparties to reinsurance arrangements or derivative instruments; defaults or other events impacting the value of our fixed maturity securities portfolio; and defaults on our commercial mortgage loans or the mortgage loans underlying our investments in commercial mortgage-backed securities and volatility in performance;

 

 

 

 

 

 

 

•

operational risks including: inability to retain, attract and motivate qualified employees or senior management; ineffective or inadequate risk management in identifying, controlling or mitigating risks; the impact on processes caused by shelter-in-place or other governmental restrictions imposed as a result of COVID-19; reliance on, and loss of, key customer or distribution relationships; competition, including in our mortgage insurance businesses from GSEs offering mortgage insurance; the design and effectiveness of our disclosure controls and procedures and internal control over financial reporting may not prevent all errors, misstatements or misrepresentations; and failure or any compromise of the security of our computer systems, disaster recovery systems and business continuity plans and failures to safeguard, or breaches of, its confidential information;

 

 

 

 

 

 

 

81

---

Table of Contents

•

insurance and product-related risks including: our inability to increase premiums and reduce benefits sufficiently, and in a timely manner, on our in-force long-term care insurance policies, in each case, as currently anticipated and as may be required from time to time in the future (including as a result of a delay or failure to obtain any necessary regulatory approvals, including as a result of COVID-19, or unwillingness or inability of policyholders to pay increased premiums and/or accept reduced benefits), including to offset any negative impact on our long-term care insurance margins; availability, affordability and adequacy of reinsurance to protect us against losses; decreases in the volume of high loan-to-value mortgage originations or increases in mortgage insurance cancellations; increases in the use of alternatives to private mortgage insurance and reductions in the level of coverage selected; potential liabilities in connection with our U.S. contract underwriting services; and medical advances, such as genetic research and diagnostic imaging, and related legislation that impact policyholder behavior in ways adverse to us;

 

 

 

 

 

 

 

•

other risks including: impairments of or valuation allowances against our deferred tax assets and the occurrence of natural or man-made disasters or a pandemic, such as COVID-19, could materially adversely affect our financial condition and results of operations.

 

 

 

 

 

 

We provide additional information regarding these risks and uncertainties in the Definitive Proxy Statement, filed with the U.S. Securities and Exchange Commission (“SEC”) on January 25, 2017, and our Annual Report on Form

10-K,

filed with the SEC on February 27, 2020. See also “Part II—Item 1A—Risk Factors.” Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Accordingly, for the foregoing reasons, we caution you against relying on any forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required under applicable securities laws.

Strategic Update

We continue to focus on improving business performance, addressing financial leverage and increasing financial and strategic flexibility across the organization. Our strategy includes maximizing our opportunities in our mortgage insurance businesses and stabilizing our U.S. life insurance businesses.

China Oceanwide Transaction

On October 21, 2016, Genworth Financial, Inc. (“Genworth Financial”) entered into an agreement and plan of merger (the “Merger Agreement”) with Asia Pacific Global Capital Co., Ltd. (“Parent”), a limited liability company incorporated in the People’s Republic of China and a subsidiary of China Oceanwide Holdings Group Co., Ltd., a limited liability company incorporated in the People’s Republic of China (together with its affiliates, “China Oceanwide”), and Asia Pacific Global Capital USA Corporation (“Merger Sub”), a Delaware corporation and a direct, wholly-owned subsidiary of Asia Pacific Insurance USA Holdings LLC (“Asia Pacific Insurance”), which is a Delaware limited liability company and owned by China Oceanwide, pursuant to which, subject to the terms and conditions set forth therein, Merger Sub would merge with and into Genworth Financial with Genworth Financial surviving the merger as a direct, wholly-owned subsidiary of Asia Pacific Insurance (the “Merger”). China Oceanwide has agreed to acquire all of our outstanding common stock for a total transaction value of approximately $2.7 billion, or $5.43 per share in cash. At a special meeting held on March 7, 2017, Genworth Financial’s stockholders voted on and approved a proposal to adopt the Merger Agreement.

On June 30, 2020, Genworth, Parent and Merger Sub entered into a fifteenth waiver and agreement (“Fifteenth Waiver and Agreement”) pursuant to which Genworth and Parent each agreed to waive its right to terminate the Merger Agreement and abandon the Merger to the earliest date of: (i) September 30, 2020, (ii) failure by the Parent to approve final documents provided by Genworth for the sale of Genworth, its subsidiaries or a portion of its assets or (iii) in the event that after June 30, 2020 any governmental entity imposes or requires, any term, condition, obligation, restriction, requirement, limitation, qualification, remedy or other 

 

82

---

Table of Contents

action that applies to the Merger Agreement, that is materially and adversely different, individually or in the aggregate, from the conditions set forth by the governmental entities with respect to the Merger that were in effect on the date of the Fifteenth Waiver and Agreement.

In addition, as part of the conditions set forth in the Fifteenth Waiver and Agreement, China Oceanwide has agreed to submit to Genworth satisfactory evidence by August 31, 2020 confirming that approximately $1.0 billion is available to China Oceanwide from sources in mainland China to fund the acquisition of Genworth, along with an additional $1.0 billion or more of executed binding commitment letters from Hony Capital and/or other acceptable third parties providing China Oceanwide funding sources outside of China to fund the acquisition. If these conditions are met, the Merger Agreement will remain in place until September 30, 2020. If the conditions are not met, Genworth has the right, in its sole discretion, to terminate the Merger Agreement as of August 31, 2020. Genworth also has the right to resolve the AXA litigation, issue debt or other financing instruments, and pursue other strategic transactions, such as transactions to sell some or all of its interests in its mortgage insurance businesses, as needed to meet its short-term financial obligations, including but not limited to, the AXA promissory note and debt of approximately $1.0 billion maturing in 2021. For additional details on the AXA litigation, the associated settlement agreement and issuance of the secured promissory note to AXA, see notes 12 and 14 to our unaudited condensed consolidated financial statements under “Item 1—Financial Statements.” If China Oceanwide disagrees with any steps that Genworth takes to meet its financial obligations, it has the right to terminate the transaction in its sole discretion.

Under the Fifteenth Waiver and Agreement, if the parties are unable to agree on a closing date following the satisfaction or waiver of the conditions to closing, each party has the right to terminate the Merger Agreement. If the parties are unable to satisfy the closing conditions by September 30, 2020, and are unable to reach an agreement as to a further extension of the deadline, then either party may terminate the Merger Agreement pursuant to its terms.

The China Oceanwide transaction had previously received all U.S. regulatory approvals needed to close the transaction. Genworth has withdrawn and will refile its U.S. Financial Industry Regulatory Authority (“FINRA”) continuing membership application due to the passage of time. The FINRA membership is necessary for Genworth because it indirectly wholly-owns a subsidiary that is a broker-dealer with a runoff variable annuity block. China Oceanwide is working to secure the necessary funding to complete the transaction. After this funding plan is finalized, China Oceanwide will discuss the currency conversion and transfer of funds with China’s State Administration of Foreign Exchange in order to complete the transaction. China Oceanwide will also seek confirmation from the Delaware Department of Insurance that the acquisition of Genworth Life Insurance Company (“GLIC”), Genworth’s indirect wholly-owned Delaware domiciled insurer, may proceed under the existing approval.

 

Genworth and China Oceanwide remain committed to satisfying the closing conditions under the Merger Agreement as soon as possible and extended the Merger Agreement deadline through the Fifteenth Waiver and Agreement to provide the parties with additional time to close the transaction. Notwithstanding the extension of the Merger Agreement deadline, the unprecedented market disruption due to COVID-19, including its impact on the high yield financing markets and on the performance and outlook of Genworth’ mortgage insurance businesses, as well as other factors such as the recent AXA judgment and related settlement, have resulted in increased uncertainty as whether the China Oceanwide transaction will be able to be consummated at the agreed transaction value of approximately $2.7 billion.

 

In connection with the Merger, China Oceanwide and Genworth have agreed on a capital investment plan under which China Oceanwide and/or its affiliates will contribute an aggregate of $1.5 billion to Genworth over time following consummation of the Merger. This contribution is subject to the closing of the Merger and the receipt of required regulatory approvals and clearances. The $1.5 billion contribution would be used to further improve our financial stability, which could include retiring future debt obligations or enabling future growth opportunities. China Oceanwide has no future obligation and has informed us that it has no current intention, to

 

83

---

Table of Contents

contribute additional capital to support our legacy long-term care insurance business other than agreed in connection with the regulatory approvals for the China Oceanwide transaction.

If the China Oceanwide transaction is completed, we will be a standalone subsidiary and our senior management team will continue to lead the business from our current headquarters in Richmond, Virginia. We intend to maintain our existing portfolio of businesses. Except for the specific monitoring and reporting required under the Committee on Foreign Investment in the United States data security risk mitigation plan, our

day-to-day

operations are not expected to change as a result of this transaction.

Strategic Alternatives

If the China Oceanwide transaction is not completed, we will continue to explore strategic alternatives and financing options to address our ongoing challenges. Given the delay in closing the China Oceanwide transaction, we are taking steps to address our near-term liabilities, which include a secured promissory note issued to AXA under the settlement agreement reached on July 20, 2020 and approximately $1.0 billion in debt maturing in 2021. We expect these steps to include a debt financing through our U.S. mortgage insurance business later in 2020 and, should our pending transaction with China Oceanwide not close, preparing for a 19.9% public offering of our U.S. mortgage insurance business, subject to market conditions. Changes to our financial projections, including changes that anticipate planned strategic transactions, may negatively impact our ability to realize certain foreign tax credits or other deferred tax assets and have a resulting material adverse effect on our results of operations.

As a result of the performance of our long-term care and life insurance businesses, as well as the resulting lack of potential dividend capacity from our U.S. life insurance subsidiaries, our financial strength ratings have been downgraded. Absent any alternative commitment of external capital, or other proactive actions to meet our closest debt maturities and other obligations, we believe there would be: increased pressure on and potential further downgrades of our financial strength ratings, particularly for our mortgage insurance businesses, which could affect our ability to maintain our market share in the U.S. mortgage insurance industry, and other limitations on our holding company liquidity and ability to service and/or refinance our holding company debt. These challenges may be exacerbated by

COVID-19.

Ongoing Priorities

Stabilizing our U.S. life insurance businesses continues to be one of our long-term goals. We will continue to execute this objective primarily through our multi-year long-term care insurance

in-force

rate action plan. Premium rate increases and associated benefit reductions on our legacy long-term care insurance policies are critical to the business. In addition, reducing debt will remain a high priority. We believe that increased financial support and our strengthened financial foundation resulting from the China Oceanwide transaction would provide us with more options to manage our debt maturities and reduce overall indebtedness, which in turn would likely improve our credit and ratings profile over time. Finally, we also believe that the completion of the China Oceanwide transaction would allow us to place greater focus on the future of our long-term care and mortgage insurance businesses while continuing to service our existing policyholders.

COVID-19

Summary

COVID-19

has brought unprecedented changes to the global economy. Although we are unsure of the ultimate impact

COVID-19

will have on our businesses, we are actively responding to and planning for further disruption. Below is a summary of certain of the trends, impacts and uncertainties relating to

COVID-19,

which have impacted our quarterly results under review in this report and are expected to continue to impact our results of operations and financial condition. Our discussion and analysis of our quarterly results should be read in conjunction with the following disclosures regarding

COVID-19

and the more detailed disclosures contained elsewhere herein.

 

84

---

Table of Contents

Economic Backdrop

 

•

COVID-19 has disrupted the global economy and financial markets, business operations, and consumer behavior and confidence. While all states have been impacted, certain geographies have been disproportionately impacted by COVID-19 either through the spread of the virus or the severity of the mitigation steps taken to control its spread. Unemployment claims have increased to historic levels with approximately 50 million Americans filing for unemployment claims since the start of the pandemic. However, during the second quarter of 2020, the U.S. economy has added a significant number of jobs reversing some of the initial jobless claims. Consumer confidence continues to be suppressed but has rebounded from where it was since the start of the pandemic.

 

•

The U.S. economy contracted in both the first and second quarters of 2020 as a result of COVID-19. During the second quarter of 2020, the global economy experienced high unemployment, historically low retail sales and a dramatic decrease in industrial production, all signs of a deep global recession and prolonged recovery.

 

•

Stay at home orders and partial economic shutdowns depressed earnings and corporate balance sheets during the second quarter of 2020 and could potentially strain business operations for the remainder of 2020.

 

•

During the second quarter of 2020, credit spreads tightened, reversing most of the widening experienced in the first quarter of 2020. This favorably impacted our corporate bond portfolio and resulted in higher unrealized gains recognized in other comprehensive income. Although we experienced a significant reversal in the second quarter of 2020 of the credit spread widening experienced in the first quarter of 2020, the volatility of corporate earnings and the impact on balance sheets due to COVID-19 could result in future losses, some of which could result in investment credit losses that would be reflected in earnings.

 

•

The U.S. Federal Reserve plans to continue to support credit markets through its quantitative easing programs, including a corporate credit facility to purchase investment grade and certain high yield corporate securities beginning in May 2020 and secondary market purchases of corporate bonds starting in June 2020.

U.S. Mortgage Insurance

 

•

As a result of COVID-19, the second quarter of 2020 financial results of our U.S. mortgage insurance business was negatively impacted primarily through increased borrower uptake of forbearance options, many of which resulted in a new delinquency, increased overall new delinquencies, emerging performance deterioration of existing delinquencies, higher losses and loss reserves and incremental PMIERs capital requirements as compared to the first quarter of 2020. Servicer reported forbearance ended the second quarter of 2020 with approximately 7.7% or 68,800 of our active policies reported in a forbearance plan, of which approximately 62% were reported as delinquent. Forbearance to date has been a leading indicator of future new delinquencies; however, it is difficult to predict the future level of reported forbearance and how many of the policies in a forbearance plan that remain current on their monthly mortgage payment will go delinquent.

 

•

Servicers continued the practice of remitting premiums during the early stages of delinquency. As a result, we did not experience an impact to earned premiums during the second quarter of 2020.

 

•

Prior localized natural disasters, such as hurricanes, have helped inform our view of the severity and potential duration of the economic shock caused by the efforts to contain the spread of COVID-19. Similar to our hurricane experience, borrowers who have experienced a financial hardship have taken advantage of available forbearance programs and payment deferral options. As a result, we have seen elevated new delinquencies, but as in past natural disasters, those delinquencies may cure at a higher rate than traditional delinquencies should economic activity quickly return to pre-COVID-19 levels. Severity of loss on loans that do go to claim, however, may be negatively impacted by the extended forbearance timeline, the associated elevated expenses such as accumulated interest, the higher loan amount of the recent new delinquencies and home price depreciation, if any.

 

85

---

Table of Contents

•

New flow delinquencies increased materially in the second quarter of 2020 to 48,249 driven primarily by a significant increase in borrower forbearance as a result of COVID-19. Approximately 87% of our flow new delinquencies in the second quarter of 2020 were subject to a forbearance plan.

 

•

Our U.S. mortgage insurance business second quarter of 2020 PMIERs required assets benefited from the application of a 0.30 multiplier applied to the risk-based required asset amount factor for certain non-performing loans. The application of the 0.30 multiplier to all eligible delinquencies provided an estimated $1,057 million of benefit to our second quarter of 2020 PMIERs required assets. As a result of the uncertainty regarding the impact of COVID-19 on our U.S. mortgage insurance business, we intend to preserve PMIERs available assets and do not expect to receive dividends from our U.S. mortgage insurance business for the remainder of 2020. The amount and timing of future dividends will depend on the economic recovery from COVID-19, among other factors.

Australia Mortgage Insurance

 

•

Many of our lender customers created programs that allow affected homeowners the option to defer their mortgage repayments, without penalty, for a period of up to six months. Under regulatory guidance, homeowners participating in these programs, unless previously delinquent, are reported as current during the deferral period. As of June 30, 2020, our Australia mortgage insurance business had been notified that over 48,000 policies were participating in the deferral programs, which represents approximately 4% of our insured loans in-force as of June 30, 2020.

 

•

The six-month deferral period will expire in September 2020; therefore, the Australian government and lender customers extended the deferment programs to affected borrowers for up to an additional four months (January 2021). Homeowners that participate in such lender hardship programs, unless previously delinquent, will be reported as current during this time.

 

•

The Australian government continues to support its local economy through various programs focused on supporting employment, liquidity and homebuying, among other initiatives. The Australian government recently announced a new homebuilder program that provides eligible homeowners with grants to build a new home or renovate an existing home. The long-term outlook for the Australian housing market is largely dependent on the length of COVID-19 and the speed of the economic recovery, along with how effective the various economic stimulus packages implemented by the Australian Government are in response to the pandemic.

 

•

Our Australia mortgage insurance business strengthened its loss reserves by $18 million in the second quarter of 2020 reflecting the economic impacts caused by COVID-19, including a provision for incurred but not reported losses on loans in payment deferral programs. As the majority of loans enrolled in payment deferral programs are not reported as delinquent, this estimate is largely based on the assumption that some of these loans will become delinquent regardless of being placed in the deferral program. Due to COVID-19, our mortgage insurance business in Australia anticipates claims and reported delinquencies to increase toward the end of 2020 and possibly into 2021, which could further impact losses.

 

•

As a result of potential impacts on capital levels, we do not expect to receive further dividends or other returns of capital from our mortgage insurance business in Australia for the remainder of 2020. The amount and timing of future dividends will depend on the economic recovery from COVID-19, among other factors.

U.S. Life Insurance

 

•

We have experienced some degree of higher mortality across all of our U.S. life insurance products as a result of COVID-19. For our long-term care insurance products, higher mortality has resulted in a favorable impact on claim and active policy reserves. Although it is not our practice to track cause of death for policyholders and claimants, we believe the results of our long-term care insurance business were likely impacted by COVID-19 in the second quarter of 2020. In our life insurance products,

 

86

---

Table of Contents

overall mortality experience was also higher for the three months ended June 30, 2020 compared to three months ended June 30, 2019, attributable in part to COVID-19.

 

•

We have experienced lower new claims incidence in our long-term care insurance business; however, we do not expect this to be permanent but rather a temporary reduction while shelter-in-place and social distancing protocols are in effect. We have temporarily discontinued in-person assessments to assess eligibility for benefits and are utilizing virtual assessments in the interim, with an in-person assessment to follow once social distancing protocols are relaxed. Our long-term care insurance benefit utilization will be monitored for impact; although it is too early to tell the magnitude and/or direction of that impact.

 

•

Our U.S. life insurance companies are dependent on the approval of actuarially justified in-force rate actions in our long-term care insurance business, including those rate actions which were previously filed and are currently pending review and approval. We have experienced some delays and could experience additional delays in receiving approvals of these in-force rate actions during COVID-19, although we do not expect a significant impact on our financial results during 2020 as a result of these delays.

 

•

Our U.S life insurance companies have complied with guidance issued by certain insurance regulators, such as mandates that policies cannot be lapsed or cancelled if premiums are not paid or requirements to provide extensions of grace periods during COVID-19. We have not experienced a significant impact on our premiums in our U.S. life insurance businesses while there have been premium deferrals/grace period mandates in place in certain states. Although most of these mandates have been lifted, we continue to monitor developments related to COVID-19 such as state directives that are issued during this time and we will comply with any new guidance issued by our state insurance regulators.

Runoff

 

•

The low interest rate environment and volatile equity markets have adversely impacted earnings in our variable annuity products. Adjusted operating income for the six months ended June 30, 2020 is down 62% in the current year compared to the prior year almost entirely due to the decline in equity markets and the low interest rate environment. However, in the second quarter of 2020, a partial equity market recovery favorably impacted our variable annuity products.

 

•

While certain states currently have mandates in place that policies cannot be lapsed, we have not experienced a significant impact on our Runoff segment. There is no requirement to pay premiums in the majority of our variable annuity contracts and benefits would adjust contractually based on actual premiums paid in these products.

Investment Portfolio

 

•

We are actively monitoring our investment portfolio, including asset valuations impacted by the spread of COVID-19 and the resulting economic disruption. Our investment portfolio is primarily comprised of investment grade fixed maturity securities, with approximately 56% rated “A” and above. The carrying value of our investment portfolio as of June 30, 2020 and December 31, 2019 was $75.3 billion and $71.2 billion, respectively, of which 84% and 85%, respectively, was invested in fixed maturity securities.

 

•

During the second quarter of 2020, credit migration was more favorable than we had anticipated driven in part by government stimulus. Credit spread widening experienced in the first quarter of 2020 reversed in the second quarter of 2020 and we recognized approximately $3.9 billion of unrealized investment gains. The net unrealized investment gains related to our fixed maturity securities are recorded as a part of accumulated other comprehensive income (loss) and have no impact on earnings.

 

•

We routinely monitor our investment portfolio for possible ratings downgrades and other signs of distress that could be indicators of impairment. Our monitoring includes identifying assets susceptible

 

87

---

Table of Contents

to the efforts to contain the spread of COVID-19, including close inspection of investments in industries directly impacted, such as travel, energy, leisure, lodging and auto. Our monitoring also includes inspection of other credit risk attributes, such as high leverage, supply chain interruptions and service disruptions/stoppages. We recognized a $7 million credit loss on our available-for-sale investment securities during the second quarter of 2020 due in part to the adverse effects of COVID-19.

 

•

Our investment portfolio is less exposed to equity market volatility; however, we have seen a decline in the fair value of our equity securities and limited partnership investments which was recognized as a loss of $13 million for the six months ended June 30, 2020. The majority of the losses recorded in the first quarter of 2020 were recovered during the second quarter of 2020 as equity markets rebounded.

Operational Readiness and Business Continuity

 

•

We continue to take preventive measures to mitigate the risk of operational disruption, which includes identifying potential impacts on our consumers, employees and vendors. Our business continuity plans allow us to continue operation of critical functions, such as entering client orders, completing customer transactions, paying claims and providing clients access to their accounts and policy values. Our business continuity plans also consider workforce continuity and we recently extended our work from home requirement for all employees through January 2021. We will continue to monitor workforce continuity and the safety of our employees as we start the process of returning to an office environment in early 2021.

 

•

Remote access capabilities have existed at Genworth for many years and are well developed. We have implemented an extensive suite of information technology security controls that are in place when personnel work from within Genworth facilities, and these controls are fully replicated and enforced when personnel work from alternate locations, including their homes. No new security controls had to be implemented as a result of COVID-19 precautions.

 

•

We continue to monitor and perform analysis of our internal control environment and believe the remote work environment as a result of COVID-19 has not materially affected our ability to maintain effective controls and procedures.

Liquidity

 

•

Genworth Holdings maintains a continuous process for evaluating group-level liquidity, under normal and stressed environments. In light of COVID-19 emergence, we are currently developing additional stress scenarios to evaluate potential impacts to our businesses and Genworth Holdings. We are modeling various stress scenarios given the potential lack of near-term dividends from our subsidiaries.

 

•

The AXA settlement agreement, which included issuing a secured promissory note to AXA, and Genworth Holdings’ debt maturing in 2021, exceed our current holding company liquidity. Furthermore, absent our plans, we would not expect to have a projected ability to meet our financial obligations with existing cash on hand and through normal course expected cash inflows for one year following the issuance of our unaudited condensed consolidated financial statements. Accordingly, we are taking steps to raise capital through a debt financing, and should our pending transaction with China Oceanwide not close, preparing for a 19.9% public offering of our U.S. mortgage insurance business. We expect to engage in a debt financing through our U.S. mortgage insurance business later in 2020 which, along with existing cash and cash equivalents, would provide Genworth Holdings sufficient liquidity to meet its obligations and maintain business operations for one year from the issue date of the unaudited condensed consolidated financial statements. See note 1 to our unaudited condensed consolidated financial statements under “Item 1—Financial Statements” for additional details.

 

•

We also monitor the cash and highly liquid investment positions in each of our operating subsidiaries to ensure they will have the cash necessary to meet their obligations as they come due. Our businesses have liquidity options available to them, including Federal Home Loan Bank funding agreements and repurchase facilities, selling highly liquid securities and entering into new reinsurance arrangements.

88

---

Table of Contents

Given the options available, we believe our operating subsidiaries will be able to meet the near-term liquidity demands given the current market impacts from COVID-19. For additional details on our overall liquidity and future dividend sources, see “—Liquidity and Capital Resources.”

 

•

Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary and issuer of subordinated floating rate notes in our Australian mortgage insurance business, successfully completed an exchange offer on July 3, 2020. The exchange offer resulted in an extension of the maturity date of the majority of the subordinated notes thereby reducing near-term contractual obligations.

We employ a process to both monitor and assess the impacts of unexpected events on our businesses. While the impact of

COVID-19

is very difficult to predict, the ultimate impact on our business will depend on the length of the pandemic and speed of the economic recovery. We will continue to monitor developments and the potential financial impacts on our business. For additional details on the impact

COVID-19

is having on our current results of operations and potential future impacts see “—Business Trends and Conditions” by segment. See also “Item 1A. Risk

Factors—COVID-19

could materially adversely affect our financial condition and results of operations.”

Executive Summary of Financial Results

Below is an executive summary of our consolidated financial results for the periods indicated. Amounts below are net of taxes, unless otherwise indicated.

After-tax

amounts assume a tax rate of 21%.

Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019

 

•

We had a net loss available to Genworth Financial, Inc.’s common stockholders of $441 million for the three months ended June 30, 2020 compared to net income available to Genworth Financial, Inc.’s common stockholders of $168 million for the three months ended June 30, 2019. We had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $21 million for the three months ended June 30, 2020 compared to adjusted operating income of $178 million for the three months ended June 30, 2019.

 

•

Our U.S. Mortgage Insurance segment had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $3 million for the three months ended June 30, 2020 compared to adjusted operating income of $147 million for the three months ended June 30, 2019. The decrease to an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders in the current year from adjusted operating income in the prior year was primarily attributable to higher losses largely from new delinquencies driven in large part by a significant increase in borrower forbearance and unfavorable reserve adjustments as a result of COVID-19. These decreases were partially offset by higher premiums in the current year.

 

•

Our Australia Mortgage Insurance segment had adjusted operating income available to Genworth Financial, Inc.’s common stockholders of $1 million and $13 million for the three months ended June 30, 2020 and 2019, respectively. The decrease was primarily driven by lower earned premiums largely from portfolio seasoning and lower policy cancellations and from higher losses mostly associated with the economic impacts caused by COVID-19, partially offset by favorable aging of existing delinquencies in the current year.

 

•

Our U.S. Life Insurance segment had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $5 million for the three months ended June 30, 2020 compared to adjusting operating income of $66 million for the three months ended June 30, 2019.

 

•

Our long-term care insurance business had adjusted operating income available to Genworth Financial, Inc.’s common stockholders of $48 million and $37 million for the three months ended

 

89

---

Table of Contents

June 30, 2020 and 2019, respectively. The increase was primarily due to an increase in claim and policy terminations driven mostly by higher mortality in the current year and from favorable development on prior year incurred but not reported claims. The increase was also attributable to higher premiums in the current year from in-force rate actions approved and implemented. These increases were partially offset by higher frequency and severity of new claims in the current year.

 

•

Our life insurance business had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $81 million in the current year compared to adjusting operating income of $10 million in the prior year. The decrease from income in the prior year to a loss in the current year was mainly attributable to higher lapses primarily associated with our large 20-year term life insurance block entering its post-level premium period, higher reserves in our 10-year term universal life insurance block entering its post-level premium period during the premium grace period and higher mortality in our universal life insurance products in the current year. The prior year also included a reinsurance correction and refinement resulting in a net favorable impact of $17 million.

 

•

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders in our fixed annuities business increased $9 million predominantly from favorable reserve changes and DAC amortization in fixed annuities products driven by favorable equity market changes in the current year and higher mortality in our single premium immediate annuity products. These increases were partially offset by lower net spreads and higher lapses in the current year. The prior year also included $4 million of unfavorable charges in connection with loss recognition testing in our single premium immediate annuity products that did not recur.

 

•

Our Runoff segment had adjusted operating income available to Genworth Financial, Inc.’s common stockholders of $24 million and $9 million for the three months ended June 30, 2020 and 2019, respectively. The increase was predominantly from favorable equity market performance in the current year.

 

•

Corporate and Other Activities had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $38 million and $57 million for the three months ended June 30, 2020 and 2019, respectively. The decrease in the loss was primarily related to lower operating expenses and lower interest expense in the current year.

Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019

 

•

We had a net loss available to Genworth Financial, Inc.’s common stockholders of $507 million for the six months ended June 30, 2020 compared to net income available to Genworth Financial, Inc.’s common stockholders of $342 million for the six months ended June 30, 2019. Adjusted operating income available to Genworth Financial, Inc.’s common stockholders were $12 million and $273 million for the six months ended June 30, 2020 and 2019, respectively.

 

•

Our U.S. Mortgage Insurance segment had adjusted operating income available to Genworth Financial, Inc.’s common stockholders of $145 million and $271 million for the six months ended June 30, 2020 and 2019, respectively. The decrease was primarily attributable to higher losses largely from new delinquencies driven in large part by a significant increase in borrower forbearance and unfavorable reserve adjustments as a result of COVID-19. These decreases were partially offset by higher premiums in the current year.

 

•

Our Australia Mortgage Insurance segment had adjusted operating income available to Genworth Financial, Inc.’s common stockholders of $10 million and $27 million for the six months ended June 30, 2020 and 2019, respectively. The decrease was primarily driven by lower earned premiums largely from portfolio seasoning and lower policy cancellations, higher losses mostly associated with the economic impacts caused by COVID-19 and lower net investment income in the current year.

 

90

---

Table of Contents

•

Our U.S. Life Insurance segment had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $75 million for the six months ended June 30, 2020 compared to adjusting operating income of $61 million for the six months ended June 30, 2019.

 

•

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders in our long-term care insurance business increased $32 million primarily from an increase in claim and policy terminations driven mostly by higher mortality in the current year, $63 million of higher premiums and reduced benefits in the current year from in-force rate actions approved and implemented and from continued favorable development on prior year incurred but not reported claims. These increases were partially offset by higher frequency and severity of new claims in the current year.

 

•

Our life insurance business had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $158 million in the current year compared to adjusted operating income available to Genworth Financial, Inc.’s common stockholders of $8 million in the prior year. The decrease to a loss in the current year from income in the prior year was predominantly attributable to higher reserves in our 10-year term universal life insurance block entering its post-level premium period during the premium grace period, higher mortality in our universal and term life insurance products in the current year compared to the prior year and higher lapses primarily associated with our large 20-year term life insurance block entering its post-level premium period. The prior year also included a reinsurance correction and refinement resulting in a net favorable impact of $17 million.

 

•

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders in our fixed annuities business decreased $2 million predominantly from a decrease in net spreads due to the runoff of the block, partially offset by $17 million of unfavorable charges in connection with loss recognition testing in our single premium immediate annuity products in the prior year that did not recur.

 

•

Our Runoff segment had adjusted operating income available to Genworth Financial, Inc.’s common stockholders of $11 million and $29 million for the six months ended June 30, 2020 and 2019, respectively. The decrease was predominantly from the decline in equity markets and interest rates in the current year.

 

•

Corporate and Other Activities had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $79 million and $115 million for the six months ended June 30, 2020 and 2019, respectively. The decrease in the loss was primarily related to lower interest expense and lower operating expenses in the current year.

Other Significant Developments

The periods under review include, among others, the following significant developments.

U.S. Mortgage Insurance

 

•

Incurred losses. Incurred losses was $228 million in the second quarter of 2020, of which $170 million was attributable to higher new delinquencies driven mostly by borrower forbearance as a result of COVID-19. The increase was also attributable to $28 million for incurred but not reported delinquencies that are expected to be reported in the future and existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity.

 

•

PMIERs compliance. On June 29, 2020, the GSEs issued both temporary and permanent amendments to PMIERs, which became effective on June 30, 2020. With respect to loans that became non-performing due to a COVID-19 hardship, PMIERs was temporarily amended with respect to each non-performing loan. As of June 30, 2020, our U.S. mortgage insurance business had estimated available

 

91

---

Table of Contents

assets of 143% of the required assets under PMIERs compared to 142% as of March 31, 2020. The estimated sufficiency as of June 30, 2020 was $1,275 million of available assets above the PMIERs requirements compared to $1,171 million as of March 31, 2020. The improvement in PMIERs sufficiency as compared to March 31, 2020 was driven in part by business cash flows increasing PMIERs available assets, elevated lapse of existing business driven by low prevailing interest rates and an increase in reinsurance credit. In addition, our second quarter of 2020 PMIERs required assets benefited from the application of a 0.30 multiplier applied to the risk-based required asset amount factor for certain non-performing loans. These factors were partially offset by incremental new delinquencies driving higher PMIERs required assets and capital consumed by new insurance written in the second quarter of 2020. See “Item 2—U.S. Mortgage Insurance segment—trends and conditions” for additional details.

 

•

New insurance written. Our U.S. mortgage insurance business continued to grow its insurance in-force through higher new insurance written, which increased 80% in the second quarter of 2020 compared to the second quarter of 2019. The increase was primarily due to higher mortgage refinancing originations, a larger private mortgage insurance market as overall housing fundamentals remain strong and our higher estimated market share.

Australia Mortgage Insurance

 

•

Regulatory capital. As of June 30, 2020, our Australia mortgage insurance business estimated its Prescribed Capital Amount (“PCA”) ratio was approximately 177%, representing a slight decrease from 178% as of March 31, 2020.

 

•

Key Customers. In May 2020, following a request-for-proposal process, our second largest customer in our Australia mortgage insurance business advised us they will not renew their contract with us. The current contract with this customer will expire in November 2020. As of June 30, 2020, this customer represented 10% of our gross written premiums in the first half of 2020. The termination of the contract with this customer is expected to modestly impact the financial results of our Australia mortgage insurance business following the expiration of the existing contract.

U.S. Life Insurance

 

•

In-force rate actions in our long-term care insurance business. As part of our strategy for our long-term care insurance business, we have been implementing, and expect to continue to pursue, significant premium rate increases and associated benefit reductions on older generation blocks of business in order to bring those blocks closer to a break-even point over time and reduce the strain on earnings and capital. We are also requesting premium rate increases and associated benefit reductions on newer blocks of business, as needed, some of which may be significant, to help bring their loss ratios back towards their original pricing. For all of these in-force rate action filings, we received 46 filing approvals from 19 states during the six months ended June 30, 2020, representing a weighted-average increase of 30% on approximately $257 million in annualized in-force premiums, or approximately $77 million of incremental annual premiums. We also submitted 37 new filings in 10 states during the six months ended June 30, 2020 on approximately $191 million in annualized in-force premiums.

Liquidity, Capital Resources and Intercompany Obligations

 

•

Redemption of Genworth Holdings’ June 2020 senior notes. On January 21, 2020, Genworth Holdings early redeemed $397 million of its 7.70% senior notes originally scheduled to mature in June 2020 for a pre-tax loss of $9 million. The senior notes were fully redeemed with a cash payment of $409 million, comprised of the outstanding principal balance of $397 million, accrued interest of $3 million and a make-whole premium of $9 million.

 

•

Repurchase of Genworth Holdings’ 2021 senior notes. During the second quarter of 2020, Genworth Holdings repurchased $52 million principal amount of its senior notes with 2021 maturity dates for a

 

92

---

Table of Contents

pre-tax gain of $3 million. In March 2020, Genworth Holdings also repurchased $14 million principal amount of its senior notes with 2021 maturity dates for a pre-tax gain of $1 million.

 

•

Redemption of non-recourse funding obligations. In January 2020, upon receipt of approval from the Director of Insurance of the State of South Carolina, Rivermont Life Insurance Company I (“Rivermont I”), our indirect wholly-owned special purpose consolidated captive insurance subsidiary, redeemed all of its $315 million of outstanding non-recourse funding obligations due in 2050. The early redemption resulted in a pre-tax loss of $4 million from the write-off of deferred borrowing costs.

 

•

Intercompany note maturity. In March 2020, Genworth Holdings repaid a $200 million intercompany note due to GLIC with a maturity date of March 31, 2020.

 

•

Liquidity and contractual obligations. For additional details related to Genworth Holdings’ liquidity in relation to its contractual obligations, see note 1 to our unaudited condensed consolidated financial statements under “Item 1—Financial Statements” and “Item 2—Liquidity and Capital Resources.”

Financial Strength Ratings

On May 15, 2020, Moody’s Investors Service, Inc. (“Moody’s”) affirmed the “Baa3” (Adequate) financial strength rating of Genworth Mortgage Insurance Corporation (“GMICO”), our principal U.S. mortgage insurance subsidiary, but changed their outlook from positive to stable. On May 15, 2020, Standard & Poor’s Financial Services, LLC (“S&P”) affirmed the “BB+” (Marginal) financial strength rating of GMICO but modified its outlook from Creditwatch developing to Creditwatch negative.

On May 12, 2020, Fitch Ratings, Inc. (“Fitch”) downgraded the financial strength rating of Genworth Financial Mortgage Insurance Pty Limited (“Genworth Australia”), our principal Australian mortgage insurance subsidiary, to “A” (Strong) from “A+” (Strong) and maintained a negative outlook. The downgrade reflects the pandemic-driven economic impact on Genworth Australia’s financial performance and earnings, which Fitch expects to fall outside its “A” financial strength rating guidelines. In addition, S&P affirmed its “A” (Strong) rating of Genworth Australia but revised their outlook to negative from stable on May 15, 2020.

On April 18, 2020, we notified S&P and Moody’s of our decision to discontinue the solicitation of their financial strength ratings of our principal life insurance subsidiaries. On April 24, 2020, Moody’s downgraded all of our principal life insurance subsidiaries, which reflected Moody’s view that our life insurance subsidiaries are likely to suffer near term declines in profitability and capital generation due to

COVID-19

and the related economic shock. While we do not provide

non-public

information to rating agencies issuing unsolicited ratings, we cannot ensure that rating agencies will discontinue their ratings of our company or our insurance subsidiaries on an unsolicited basis going forward.

For a further discussion of the financial strength ratings of our insurance subsidiaries, see “Item 1—Financial Strength Ratings” in our 2019 Annual Report on Form

10-K.

Consolidated

General Trends and Conditions

The stability of both the financial markets and global economies in which we operate impacts the sales, revenue growth and profitability trends of our businesses as well as the value of assets and liabilities. The U.S. and international financial markets in which we operate have been significantly impacted by

COVID-19,

see

“—COVID-19

Summary” for additional details.

Varied levels of economic performance, coupled with uncertain economic outlooks, changes in government policy, global trade, regulatory and tax reforms, and other changes in market conditions, will continue to influence investment and spending decisions by consumers and businesses as they adjust their consumption, debt, capital and risk profiles in response to these conditions, including as a result of

COVID-19.

These trends change as investor confidence in the markets and the outlook for some consumers and businesses shift. As a result, our

 

93

---

Table of Contents

sales, revenues and profitability trends of certain insurance and investment products as well as the value of assets and liabilities could be impacted going forward. In particular, factors such as the length of

COVID-19

and the speed of the economic recovery, government responses to

COVID-19

(such as government stimulus), government spending, monetary policies (such as further quantitative easing), the volatility and strength of the capital markets, changes in tax policy and/or in U.S. tax legislation, international trade and the impact of global financial regulation reform will continue to affect economic and business outlooks, level of interest rates, consumer confidence and consumer behavior moving forward.

The U.S. and international governments, the U.S. Federal Reserve, other central banks and other legislative and regulatory bodies have taken certain actions in response to

COVID-19

to support the global economy and capital markets. These policies and actions have been supportive to the worldwide economy, however, in spite of these supportive policies the U.S. economy contracted in both the first and second quarters of 2020 and the world economy is in a current state of recession. We have experienced the effects of the global recession, which has adversely impacted our businesses, particularly our mortgage insurance businesses during the second quarter of 2020. We could be further adversely affected if the U.S. or global recession is prolonged or the economic recovery is slow or delayed.

Consolidated Results of Operations

The following is a discussion of our consolidated results of operations. For a discussion of our segment results, see “—Results of Operations and Selected Financial and Operating Performance Measures by Segment.”

 

94

---

Table of Contents

Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019

The following table sets forth the consolidated results of operations for the periods indicated:

 

		Three months ended June 30,								Increase (decrease) and percentage change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	1,019			$	1,001			$	18				2	%
Net investment income			786				816				(30	)			(4	)%
Net investment gains (losses)			159				(46	)			205				NM	(1)
Policy fees and other income			174				223				(49	)			(22	)%
Total revenues			2,138				1,994				144				7	%
Benefits and expenses:
Benefits and other changes in policy reserves			1,486				1,251				235				19	%
Interest credited			139				146				(7	)			(5	)%
Acquisition and operating expenses, net of deferrals			223				229				(6	)			(3	)%
Amortization of deferred acquisition costs and intangibles			93				84				9				11	%
Goodwill impairment			5				—				5				NM	(1)
Interest expense			44				60				(16	)			(27	)%
Total benefits and expenses			1,990				1,770				220				12	%
Income from continuing operations before income taxes			148				224				(76	)			(34	)%
Provision for income taxes			46				66				(20	)			(30	)%
Income from continuing operations			102				158				(56	)			(35	)%
Income (loss) from discontinued operations, net of taxes			(520	)			60				(580	)			NM	(1)
Net income (loss)			(418	)			218				(636	)			NM	(1)
Less: net income from continuing operations attributable to noncontrolling interests			23				15				8				53	%
Less: net income from discontinued operations attributable to noncontrolling interests			—				35				(35	)			(100	)%
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(441	)		$	168			$	(609	)			NM	(1)
Net income (loss) available to Genworth Financial, Inc.’s common stockholders:
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders		$	79			$	143			$	(64	)			(45	)%
Income (loss) from discontinued operations available to Genworth Financial, Inc.’s common stockholders			(520	)			25				(545	)			NM	(1)
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(441	)		$	168			$	(609	)			NM	(1)

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

Premiums.

Premiums are primarily earned on insurance products for mortgage, long-term care, life insurance, single premium immediate annuities and structured settlements with life contingencies.

 

•

Our U.S. Mortgage Insurance segment increased $37 million mainly attributable to higher insurance in-force and an increase in policy cancellations in our single premium mortgage insurance product driven largely by higher mortgage refinancing, partially offset by lower average premium rates and higher ceded premiums from reinsurance transactions executed in the current year.

 

95

---

Table of Contents

•

Our U.S. Life Insurance segment decreased $1 million. Our long-term care insurance business increased $9 million largely from $31 million of increased premiums in the current year from in-force rate actions approved and implemented, partially offset by policy terminations and policies entering paid-up status in the current year. Our life insurance business decreased $10 million mainly attributable to the continued runoff of our term life insurance products in the current year.

 

•

Our Australia Mortgage Insurance segment decreased $18 million predominantly from portfolio seasoning and lower policy cancellations in the current year. The three months ended June 30, 2020 included a decrease of $7 million attributable to changes in foreign exchange rates.

Net investment income.

Net investment income represents the income earned on our investments. For discussion of the change in net investment income, see the comparison for this line item under “—Investments and Derivative Instruments.”

Net investment gains (losses).

Net investment gains (losses) consist primarily of realized gains and losses from the sale or impairment of our investments, unrealized and realized gains and losses from our equity and trading securities and derivative instruments. For discussion of the change in net investment gains (losses), see the comparison for this line item under “—Investments and Derivative Instruments.”

Policy fees and other income.

Policy fees and other income consists primarily of fees assessed against policyholder and contractholder account values, surrender charges, cost of insurance assessed on universal and term universal life insurance policies, advisory and administration service fees assessed on investment contractholder account values, broker/dealer commission revenues and other fees. The decrease was principally related to our U.S. Life Insurance segment primarily driven by our life insurance business from a $21 million favorable correction related to ceded premiums on universal life insurance policies in the prior year that did not recur. The decrease was also attributable to a decline in our universal and term universal life insurance

in-force

and higher ceded reinsurance costs in the current year.

Benefits and other changes in policy reserves.

Benefits and other changes in policy reserves consist primarily of claim costs incurred related to mortgage insurance products and benefits paid and reserve activity related to current claims and future policy benefits on insurance and investment products for long-term care, life insurance, structured settlements and single premium immediate annuities with life contingencies.

 

•

Our U.S. Mortgage Insurance segment increased $228 million largely from $170 million of losses from new delinquencies driven primarily by a significant increase in borrower forbearance as a result of COVID-19. The current year also included additional reserves of $28 million for incurred but not reported delinquencies that are expected to be reported in the future. In addition, existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. The current year also reflected lower net benefits from cures and aging of existing delinquencies. The prior year included a $10 million favorable reserve adjustment mostly associated with lower expected claim rates.

 

•

Our Australia Mortgage Insurance segment increased $13 million primarily from loss reserve strengthening of $18 million reflecting the economic impacts caused by COVID-19, including a provision for incurred but not reported losses on loans in payment deferral programs, partially offset by favorable aging of existing delinquencies in the current year. The three months ended June 30, 2020 included a decrease of $4 million attributable to changes in foreign exchange rates.

 

•

Our U.S. Life Insurance segment increased $2 million. Our long-term care insurance business decreased $20 million primarily due to an increase in claim and policy terminations driven mostly by higher mortality in the current year and from favorable development on prior year incurred but not reported claims. Given the lower new claim counts submitted during COVID-19, incurred but not reported reserves were strengthened by $37 million reflecting our assumption that new claim incidence

 

96

---

Table of Contents

during this period will ultimately return to normal levels, partially offsetting the favorable development on incurred but not reported claims. These decreases were partially offset by aging of the in-force block (including higher frequency of new claims), higher incremental reserves of $43 million recorded in connection with an accrual for profits followed by losses and higher severity of new claims in the current year. The decrease was also partially offset by $15 million of a less favorable impact from reduced benefits in the current year related to in-force rate actions approved and implemented. Our life insurance business increased $45 million primarily attributable to higher reserves in our 10-year term universal life insurance block entering its post-level premium period during the premium grace period and from higher mortality in our universal life insurance products in the current year compared to the prior year attributable in part to COVID-19. Our fixed annuities business decreased $23 million principally from favorable reserve changes in fixed indexed annuities driven by favorable equity market changes in the current year and higher mortality in our single premium immediate annuity products. The prior year also included $5 million of higher reserves associated with loss recognition testing in our single premium immediate annuity products that did not recur.

 

•

Our Runoff segment decreased $9 million primarily attributable to lower guaranteed minimum death benefit (“GMDB”) reserves in our variable annuity products due to favorable equity market performance in the current year.

Interest credited.

Interest credited represents interest credited on behalf of policyholder and contractholder general account balances. The decrease was principally related to our U.S. Life Insurance segment driven by our fixed annuities business largely due to a decline in average account values in the current year.

Acquisition and operating expenses, net of deferrals.

Acquisition and operating expenses, net of deferrals, represent costs and expenses related to the acquisition and ongoing maintenance of insurance and investment contracts, including commissions, policy issuance expenses and other underwriting and general operating costs. These costs and expenses are net of amounts that are capitalized and deferred, which are costs and expenses that are related directly to the successful acquisition of new or renewal insurance policies and investment contracts, such as first-year commissions in excess of ultimate renewal commissions and other policy issuance expenses.

 

•

Corporate and Other activities decreased $13 million mainly driven by lower employee-related and operating expenses, as well as a $3 million gain related to a repurchase of Genworth Holdings’ senior notes originally scheduled to mature in 2021.

 

•

Our U.S. Mortgage Insurance segment increased $3 million primarily attributable to higher operating costs driven mostly by increased sales in the current year.

Amortization of deferred acquisition costs and intangibles.

Amortization of DAC and intangibles consists primarily of the amortization of acquisition costs that are capitalized, PVFP and capitalized software.

 

•

Our U.S. Life Insurance segment increased $16 million. Our long-term care insurance business decreased $5 million primarily related to higher persistency on policies that are not on active claim. Our life insurance business increased $25 million principally from higher lapses primarily associated with our large 20-year term life insurance block entering its post-level premium period, higher amortization primarily reflecting our updated assumptions from our annual review completed in the fourth quarter of 2019 and higher reinsurance rates. Our fixed annuities business decreased $4 million largely related to favorable equity market changes, partially offset by higher lapses in the current year.

 

•

Our Runoff segment decreased $5 million mainly related to lower DAC amortization in our variable annuity products principally due to favorable equity market performance in the current year.

Goodwill impairment.

Charges for impairment of goodwill are the result of declines in the fair value of the reporting units.

Our Australia Mortgage Insurance segment recorded a goodwill impairment charge of $5 million in the current year, which represented the remaining amount of goodwill related to our mortgage insurance business in Australia.

 

97

---

Table of Contents

Interest expense.

Interest expense represents interest related to our borrowings that are incurred at Genworth Holdings or subsidiaries and interest expense related to the Tax Matters Agreement and certain reinsurance arrangements being accounted for as deposits. Corporate and Other activities decreased $12 million largely driven by the early redemption of Genworth Holdings’ senior notes originally scheduled to mature in June 2020.

Provision for income taxes.

The effective tax rate increased to 31.1% for the three months ended June 30, 2020 from 29.5% for the three months ended June 30, 2019. The increase in the effective tax rate was primarily attributable to tax expense on forward starting swaps settled prior to the enactment of the Tax Cuts and Jobs Act (“TCJA”), which are tax effected at 35% as they are amortized into net investment income, in relation to lower

pre-tax

income in the current year. The increase was also attributable to a higher tax expense related to foreign operations and

non-deductible

goodwill recorded in the current year.

Net income attributable to noncontrolling interests

. Net income attributable to noncontrolling interests represents the portion of equity in a subsidiary attributable to third parties. The increase was predominantly related to higher net investment gains in the current year.

 

98

---

Table of Contents

Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019

The following table sets forth the consolidated results of operations for the periods indicated:

 

		Six months ended June 30,								Increase (decrease) and percentage change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	2,034			$	1,989			$	45				2	%
Net investment income			1,579				1,610				(31	)			(2	)%
Net investment gains (losses)			7				29				(22	)			(76	)%
Policy fees and other income			355				410				(55	)			(13	)%
Total revenues			3,975				4,038				(63	)			(2	)%
Benefits and expenses:
Benefits and other changes in policy reserves			2,847				2,533				314				12	%
Interest credited			280				293				(13	)			(4	)%
Acquisition and operating expenses, net of deferrals			472				466				6				1	%
Amortization of deferred acquisition costs and intangibles			209				165				44				27	%
Goodwill impairment			5				—				5				NM	(1)
Interest expense			96				120				(24	)			(20	)%
Total benefits and expenses			3,909				3,577				332				9	%
Income from continuing operations before income taxes			66				461				(395	)			(86	)%
Provision for income taxes			36				135				(99	)			(73	)%
Income from continuing operations			30				326				(296	)			(91	)%
Income (loss) from discontinued operations, net of taxes			(520	)			122				(642	)			NM	(1)
Net income (loss)			(490	)			448				(938	)			NM	(1)
Less: net income from continuing operations attributable to noncontrolling interests			17				35				(18	)			(51	)%
Less: net income from discontinued operations attributable to noncontrolling interests			—				71				(71	)			(100	)%
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(507	)		$	342			$	(849	)			NM	(1)
Net income (loss) available to Genworth Financial, Inc.’s common stockholders:
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders		$	13			$	291			$	(278	)			(96	)%
Income (loss) from discontinued operations available to Genworth Financial, Inc.’s common stockholders			(520	)			51				(571	)			NM	(1)
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(507	)		$	342			$	(849	)			NM	(1)

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

Premiums

 

•

Our U.S. Mortgage Insurance segment increased $69 million mainly attributable to higher insurance in-force and an increase in policy cancellations in our single premium mortgage insurance product driven largely by higher mortgage refinancing, partially offset by lower average premium rates in the current year.

 

99

---

Table of Contents

•

Our U.S. Life Insurance segment increased $8 million. Our long-term care insurance business increased $23 million largely from $65 million of increased premiums in the current year from in-force rate actions approved and implemented, partially offset by policy terminations and policies entering paid-up status in the current year. Our life insurance business decreased $15 million mainly attributable to the continued runoff of our term life insurance products in the current year.

 

•

Our Australia Mortgage Insurance segment decreased $32 million predominantly from portfolio seasoning and lower policy cancellations in the current year. The six months ended June 30, 2020 included a decrease of $11 million attributable to changes in foreign exchange rates.

Net investment income.

For discussion of the change in net investment income, see the comparison for this line item under “—Investments and Derivative Instruments.”

Net investment gains (losses).

For discussion of the change in net investment gains (losses), see the comparison for this line item under “—Investments and Derivative Instruments.”

Policy fees and other income.

The decrease was principally related to our U.S. Life Insurance segment primarily driven by our life insurance business from a $21 million favorable correction related to ceded premiums on universal life insurance policies in the prior year that did not recur. The decrease was also attributable to a decline in our universal and term universal life insurance

in-force

and higher ceded reinsurance costs in the current year.

Benefits and other changes in policy reserves

 

•

Our U.S. Mortgage Insurance segment increased $231 million largely from $170 million of losses from new delinquencies driven primarily by a significant increase in borrower forbearance as a result of COVID-19. The current year also included additional reserves of $28 million for incurred but not reported delinquencies that are expected to be reported in the future. In addition, existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. The current year also reflected lower net benefits from cures and aging of existing delinquencies. The prior year included a $10 million favorable reserve adjustment mostly associated with lower expected claim rates.

 

•

Our U.S. Life Insurance segment increased $63 million. Our long-term care insurance business decreased $19 million primarily due to an increase in claim and policy terminations driven mostly by higher mortality, a higher favorable impact of $19 million from reduced benefits in the current year related to in-force rate actions approved and implemented, a favorable impact from benefit utilization rate updates in the current year compared to an unfavorable impact in the prior year and favorable development on prior year incurred but not reported claims. Given the lower new claim counts submitted during COVID-19, incurred but not reported reserves were strengthened by $37 million reflecting our assumption that new claim incidence during this period will ultimately return to normal levels, partially offsetting the favorable development on incurred but not reported claims. These decreases were partially offset by aging of the in-force block (including higher frequency of new claims), higher incremental reserves of $82 million recorded in connection with an accrual for profits followed by losses and higher severity of new claims in the current year. Our life insurance business increased $105 million primarily attributable to higher reserves in our 10-year term universal life insurance block entering its post-level premium period during the premium grace period and from higher mortality in our universal and term life insurance products in the current year compared to the prior year attributable in part to COVID-19. Our fixed annuities business decreased $23 million principally from $22 million of unfavorable charges in connection with loss recognition testing in our single premium immediate annuity products in the prior year that did not recur.

 

100

---

Table of Contents

•

Our Runoff segment increased $10 million primarily attributable to higher GMDB reserves in our variable annuity products due to unfavorable equity market performance in the current year.

 

•

Our Australia Mortgage Insurance segment increased $9 million primarily from loss reserve strengthening of $18 million in the second quarter of 2020 reflecting the economic impacts caused by COVID-19, including a provision for incurred but not reported losses on loans in payment deferral programs, partially offset by favorable aging of existing delinquencies in the current year. The six months ended June 30, 2020 included a decrease of $5 million attributable to changes in foreign exchange rates.

Interest credited.

The decrease was principally related to our U.S. Life Insurance segment driven by our fixed annuities business largely due to a decline in average account values in the current year.

Acquisition and operating expenses, net of deferrals

 

•

Our U.S. Mortgage Insurance segment increased $7 million primarily attributable to higher operating costs driven mostly by increased sales in the current year.

 

•

Corporate and Other activities decreased $8 million mainly driven by lower operating expenses and a $3 million gain related to a repurchase  of Genworth Holdings’ senior notes originally scheduled to mature in 2021, partially offset by a make-whole premium of $9 million related to the early redemption of Genworth Holdings’ senior notes originally scheduled to mature in June 2020 and higher employee-related expenses in the current year.

Amortization of deferred acquisition costs and intangibles

 

•

Our U.S. Life Insurance segment increased $37 million. Our long-term care insurance business decreased $6 million primarily related to higher persistency on policies that are not on active claim. Our life insurance business increased $42 million principally from higher lapses primarily associated with our large 20-year term life insurance block entering its post-level premium period in the current year and higher reinsurance rates.

 

•

Our Runoff segment increased $10 million mainly related to higher DAC amortization in our variable annuity products principally from unfavorable equity market performance in the current year.

Goodwill impairment.

Our Australia Mortgage Insurance segment recorded a goodwill impairment charge of $5 million in the current year, which represented the remaining amount of goodwill related to our mortgage insurance business in Australia.

Interest expense.

Corporate and Other activities decreased $19 million largely driven by the early redemption of Genworth Holdings’ senior notes originally scheduled to mature in June 2020.

Provision for income taxes.

The effective tax rate increased to 54.5% for the six months ended June 30, 2020 from 29.3% for the six months ended June 30, 2019. The increase in the effective tax rate was primarily attributable to tax expense on forward starting swaps settled prior to the enactment of the TCJA, which are tax effected at 35% as they are amortized into net investment income, in relation to lower

pre-tax

income in the current year. The increase was also attributable to a higher tax expense related to foreign operations,

non-deductible

goodwill and higher stock-based compensation in the current year.

Net income attributable to noncontrolling interests

. The decrease was predominantly related to lower premiums, higher losses and lower net investment income in the current year.

 

101

---

Table of Contents

Use of

non-Generally

Accepted Accounting Principles (“GAAP”) measures

Reconciliation of net income (loss) to adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders

We use

non-GAAP

financial measures entitled “adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders” and “adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders per share.” Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders per share is derived from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders. Our chief operating decision maker evaluates segment performance and allocates resources on the basis of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders. We define adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders as income (loss) from continuing operations excluding the

after-tax

effects of income (loss) from continuing operations attributable to noncontrolling interests, net investment gains (losses), goodwill impairments, gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, gains (losses) on insurance block transactions, restructuring costs and infrequent or unusual

non-operating

items. Gains (losses) on insurance block transactions are defined as gains (losses) on the early extinguishment of

non-recourse

funding obligations, early termination fees for other financing restructuring and/or resulting gains (losses) on reinsurance restructuring for certain blocks of business. We exclude net investment gains (losses) and infrequent or unusual

non-operating

items because we do not consider them to be related to the operating performance of our segments and Corporate and Other activities. A component of our net investment gains (losses) is the result of estimated future credit losses, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to our discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Goodwill impairments, gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, gains (losses) on insurance block transactions and restructuring costs are also excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders because, in our opinion, they are not indicative of overall operating trends. Infrequent or unusual

non-operating

items are also excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders if, in our opinion, they are not indicative of overall operating trends.

While some of these items may be significant components of net income (loss) available to Genworth Financial, Inc.’s common stockholders in accordance with U.S. GAAP, we believe that adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, and measures that are derived from or incorporate adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, including adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders per share on a basic and diluted basis, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the business. Management also uses adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders as a basis for determining awards and compensation for senior management and to evaluate performance on a basis comparable to that used by analysts. However, the items excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders have occurred in the past and could, and in some cases will, recur in the future. Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders and adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders per share on a basic and diluted basis are not substitutes for net income (loss) available to Genworth Financial, Inc.’s common stockholders or net income (loss) available to Genworth Financial, Inc.’s common stockholders per share on a basic and diluted basis determined in accordance with U.S. GAAP. In addition, our definition of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders may differ from the definitions used by other companies.

Adjustments to reconcile net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) assume a 21% tax rate for our domestic segments and a 30% tax rate for our Australia Mortgage Insurance segment and are net of the portion attributable to noncontrolling interests. Net

 

102

---

Table of Contents

investment gains (losses) are also adjusted for DAC and other intangible amortization and certain benefit reserves.

The following table includes a reconciliation of net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for the periods indicated:

 

		Three months ended June 30,								Six months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(441	)		$	168			$	(507	)		$	342
Add: net income from continuing operations attributable to noncontrolling interests			23				15				17				35
Add: net income from discontinued operations attributable to noncontrolling interests			—				35				—				71
Net income (loss)			(418	)			218				(490	)			448
Less: income (loss) from discontinued operations, net of taxes			(520	)			60				(520	)			122
Income from continuing operations			102				158				30				326
Less: net income from continuing operations attributable to noncontrolling interests			23				15				17				35
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders			79				143				13				291
Adjustments to income from continuing operations available to Genworth Financial, Inc.’s common stockholders:
Net investment (gains) losses, net (1)			(131	)			43				(16	)			(28	)
Goodwill impairment, net (2)			3				—				3				—
(Gains) losses on early extinguishment of debt, net			(3	)			—				9				—
Expenses related to restructuring			1				—				2				4
Taxes on adjustments			30				(8	)			1				6
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(21	)		$	178			$	12			$	273

 

(1)

For the three months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(4) million and $(3) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $32 million and $—, respectively. For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(15) million and $(5) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $6 million in both periods.

(2)	For the three and six months ended June 30, 2020, goodwill impairment was adjusted for the portion attributable to noncontrolling interests of $2 million.

In the second quarter of 2020, we recorded a goodwill impairment of $3 million, net of the portion attributable to noncontrolling interests, in our Australia mortgage insurance business.

During the second and first quarters of 2020, we repurchased $52 million and $14 million, respectively, principal amount of Genworth Holdings’ senior notes with 2021 maturity dates for a

pre-tax

gain of $3 million and $1 million, respectively. In January 2020, we paid a

pre-tax

make-whole expense of $9 million related to the early redemption of Genworth Holdings, Inc.’s senior notes originally scheduled to mature in June 2020 and Rivermont I, our indirect wholly-owned special purpose consolidated captive insurance subsidiary, early redeemed all of its $315 million outstanding

non-recourse

funding obligations originally due in 2050 resulting in

 

103

---

Table of Contents

a

pre-tax

loss of $4 million from the

write-off

of deferred borrowing costs. These transactions were excluded from adjusted operating income (loss) for the periods presented as they relate to gains (losses) on the early extinguishment of debt.

We recorded a

pre-tax

expense of $1 million and $2 million for the three and six months ended June 30, 2020, respectively, and $4 million for the six months ended June 30, 2019 related to restructuring costs as we continue to evaluate and appropriately size our organizational needs and expenses. There were no infrequent or unusual items excluded from adjusted operating income during the periods presented.

Earnings (loss) per share

Basic and diluted earnings (loss) per share are calculated by dividing each income (loss) category by the weighted-average basic and diluted common shares outstanding for the periods indicated:

 

		Three months ended June 30,								Six months ended June 30,
(Amounts in millions, except per share amounts)		2020				2019				2020				2019
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders per share:
Basic		$	0.16			$	0.29			$	0.03			$	0.58
Diluted		$	0.15			$	0.28			$	0.03			$	0.57
Net income (loss) available to Genworth Financial, Inc.’s common stockholders per share:
Basic		$	(0.87	)		$	0.33			$	(1.00	)		$	0.68
Diluted		$	(0.86	)		$	0.33			$	(0.99	)		$	0.67
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders per share:
Basic		$	(0.04	)		$	0.35			$	0.02			$	0.54
Diluted		$	(0.04	)		$	0.35			$	0.02			$	0.54
Weighted-average common shares outstanding:
Basic			505.4				503.4				504.8				502.3
Diluted			512.5				508.7				511.1				508.7

Diluted weighted-average common shares outstanding reflect the effects of potentially dilutive securities including stock options, restricted stock units and other equity-based compensation.

Results of Operations and Selected Financial and Operating Performance Measures by Segment

Our chief operating decision maker evaluates segment performance and allocates resources on the basis of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders. See note 11 in our unaudited condensed consolidated financial statements under “Item 1—Financial Statements” for a summary of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities.

We tax our international businesses at their local jurisdictional tax rates and our domestic businesses at the U.S. corporate federal income tax rate of 21%. Our segment tax methodology applies the respective jurisdictional or domestic tax rate to the

pre-tax

income (loss) of each segment, which is then adjusted in each segment to reflect the tax attributes of items unique to that segment such as foreign withholding taxes and permanent

 

104

---

Table of Contents

differences between U.S. GAAP and local tax law. The difference between the consolidated provision for income taxes and the sum of the provision for income taxes in each segment is reflected in Corporate and Other activities.

The annually-determined tax rates and adjustments to each segment’s provision for income taxes are estimates which are subject to review and could change from year to year.

Management’s discussion and analysis by segment contains selected operating performance measures including “sales” and “insurance

in-force”

or “risk

in-force”

which are commonly used in the insurance industry as measures of operating performance.

Management regularly monitors and reports sales metrics as a measure of volume of new business generated in a period. Sales refer to new insurance written for mortgage insurance products. We consider new insurance written to be a measure of our operating performance because it represents a measure of new sales of insurance policies or contracts during a specified period, rather than a measure of our revenues or profitability during that period.

Management regularly monitors and reports insurance

in-force

and risk

in-force.

Insurance

in-force

for our mortgage insurance businesses is a measure of the aggregate original loan balance for outstanding insurance policies as of the respective reporting date. Risk

in-force

for our U.S. mortgage insurance business is based on the coverage percentage applied to the estimated current outstanding loan balance. Risk

in-force

in our Australia mortgage insurance business is computed using an “effective” risk

in-force

amount, which recognizes that the loss on any particular loan will be reduced by the net proceeds received upon sale of the property. Effective risk

in-force

has been calculated by applying to insurance

in-force

a factor of 35% that represents the highest expected average

per-claim

payment for any one underwriting year over the life of our mortgage insurance business in Australia. We also have certain risk share arrangements in Australia where we provide

pro-rata

coverage of certain loans rather than 100% coverage. As a result, for loans with these risk share arrangements, the applicable

pro-rata

coverage amount provided is used when applying the factor. We consider insurance

in-force

and risk

in-force

to be measures of our operating performance because they represent measures of the size of our business at a specific date which will generate revenues and profits in a future period, rather than measures of our revenues or profitability during that period.

Management also regularly monitors and reports a loss ratio for our businesses. For our mortgage insurance businesses, the loss ratio is the ratio of benefits and other changes in policy reserves to net earned premiums. For our long-term care insurance business, the loss ratio is the ratio of benefits and other changes in reserves less tabular interest on reserves less loss adjustment expenses to net earned premiums. We consider the loss ratio to be a measure of underwriting performance in these businesses and helps to enhance the understanding of the operating performance of our businesses.

These operating performance measures enable us to compare our operating performance across periods without regard to revenues or profitability related to policies or contracts sold in prior periods or from investments or other sources.

U.S. Mortgage Insurance segment

Trends and conditions

Results of our U.S. mortgage insurance business are affected primarily by the following factors: competitor actions; unemployment or underemployment levels; other economic and housing market trends, including interest rates, home prices, the number of first-time homebuyers, and mortgage origination volume mix and practices; the levels and aging of mortgage delinquencies; the effect of seasonal variations; the inventory of unsold homes; loan modification and other servicing efforts; and litigation, among other items.

 

105

---

Table of Contents

COVID-19

has continued to disrupt the global economy, financial markets, business operations and consumer behavior and confidence across the globe. In the U.S., while all states have been impacted by

COVID-19,

certain geographies have been disproportionately impacted either through the spread of the virus or the severity of the mitigation steps taken to control its spread. Economic activity in the U.S. slowed further in the second quarter of 2020 and unemployment remains elevated. Gross domestic product reflected a material decrease in the second quarter of 2020 as over 17 million American workers were unemployed through July 2020. Specific to housing, mortgage origination activity remained resilient in the second quarter of 2020 fueled by refinance activity given prevailing low interest rates. After experiencing a slowdown in sales from the onset of the crisis through May 2020, the purchase market improved in June 2020 with sales of previously owned homes increasing 21% month-over-month and inventories declining from 4.8 months to 4 months. The pandemic has affected our second quarter of 2020 financial results primarily through increased borrower uptake of forbearance options, as discussed below, many of which resulted in a new delinquency, increased overall new delinquencies, emerging performance deterioration of existing delinquencies, higher losses and loss reserves and incremental PMIERs capital requirements as compared to the first quarter of 2020. In addition, we experienced a material decline in persistency in the second quarter of 2020 from low interest rates.

The impact of the developing

COVID-19

pandemic on our future business results is difficult to predict. We have performed extensive scenario planning to help us better understand and tailor our actions to mitigate the potential adverse effects of the pandemic on our financial results. While our current financial results to date fall within the range of our current scenarios, the ultimate outcomes and impact on our U.S. mortgage insurance business will depend on the spread and length of the pandemic. Equally important will be the amount, type and duration of government stimulus and its impact on borrowers, regulatory and government actions to support housing and the economy, spread mitigating actions to curb the current increase in cases, the possible resurgence of the virus in the future and the shape of economic recovery, all of which are unknown at present. It is difficult to predict how long borrowers will need to use forbearance to assist them during the pandemic. Given the potential for current forbearance plans to extend up to a year, the ultimate resolution as a cure or claim for a delinquency in a forbearance plan may not be known for several quarters, if not longer, and is difficult to estimate. We are continuing to monitor

COVID-19

developments, regulatory and government actions, and the potential financial impacts on our business. However, given the specific risks to our U.S. mortgage insurance business, it is possible the pandemic could have a significant adverse impact on our business, including our results of operations and financial condition.

Specific to housing finance, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act requires mortgage servicers to provide up to 180 days of deferred or reduced payments (forbearance) for borrowers with a federally backed mortgage loan who assert they have experienced a financial hardship related to

COVID-19.

Forbearance may be extended for an additional 180 days up to a year in total or shortened at the request of the borrower. Federally backed mortgages include Federal Housing Administration (“FHA”) and U.S. Department of Veterans Affairs (“VA”) backed loans and those purchased by Fannie Mae and Freddie Mac. The CARES Act also prohibits foreclosures on all federally backed mortgage loans, except for vacant and abandoned properties, for a

60-day

period that began on March 18, 2020. Since the introduction of the CARES Act, the GSEs as well as most servicers of

non-federally

backed mortgage loans have extended similar relief to their respective portfolios of loans. The Federal Housing Finance Agency (“FHFA”) extended the foreclosure moratorium until August 31, 2020 for mortgages that are purchased by Fannie Mae and Freddie Mac. At the conclusion of the forbearance term, a borrower may either bring their loan current, defer any missed payments until the end of their loan, or the loan can be modified through a repayment plan or extension of the mortgage term. Many servicers have updated and improved their reporting to private mortgage insurers for when a loan is covered by forbearance. Servicer reported forbearance slowed meaningfully during the current quarter and ended the second quarter of 2020 with approximately 7.7% or 68,800 of our active policies on mortgage insurance written on prime-based, individually underwritten residential mortgage loans (“flow insurance”) reported in a forbearance plan, of which approximately 62% were reported as delinquent. Forbearance to date has been a leading indicator of future new delinquencies; however, it is difficult to predict the future level of reported forbearance and how many of the policies in a forbearance plan that remain current on their monthly mortgage payment will go delinquent.

 

106

---

Table of Contents

The level of mortgage originations requiring private mortgage insurance (“market penetration”) and eventual market size are affected in part by actions that impact housing or housing finance policy taken by the GSEs and the U.S. government, including but not limited to, the FHA and the FHFA. In the past, these actions have included announced changes, or potential changes, to underwriting standards, including changes to the GSEs’ automated underwriting systems, FHA pricing, GSE guaranty fees, loan limits and alternative products, such as those offered through Freddie Mac’s Integrated Mortgage Insurance (“IMAGIN”) and Fannie Mae’s Enterprise Paid Mortgage Insurance (“EPMI”) pilot programs, as well as low down payment programs available through the FHA or GSEs. On May 20, 2020, FHFA re-proposed the Enterprise Regulatory Capital Framework (“Enterprise Framework”) for Fannie Mae and Freddie Mac. The comment period expires on August 31, 2020. As proposed, the Enterprise Framework would significantly increase regulatory capital requirements for the GSEs over current requirements. If the Enterprise Framework is finalized in its current form, higher capital requirements could ultimately lead to increased costs to borrowers for GSE loans, which in turn could shift market away from the GSEs to FHA or lender portfolios. Such a shift could result in a smaller market for private mortgage insurance. For more information about the potential future impact, see “Item 1A—Risk Factors—Changes to the role of the GSEs or to the charters or business practices of the GSEs, including actions or decisions to decrease or discontinue the use of mortgage insurance, could adversely affect our financial condition and results of operations or significantly impact our business,” and “—Risk Factors—The amount of mortgage insurance we write could decline significantly if alternatives to private mortgage insurance are used or lower coverage levels of mortgage insurance are selected” in our 2019 Annual Report on Form

10-K.

Estimated mortgage origination volume increased during the second quarter of 2020 compared to the second quarter of 2019 primarily as lower interest rates resulted in higher refinance origination volumes. The estimated private mortgage insurance available market increased driven by higher refinance originations and higher purchase market penetration. Our flow persistency declined to 60% during the second quarter of 2020 compared to 82% during the second quarter of 2019. Given the volume to date, we now expect mortgage originations to remain strong for the second half of 2020 fueled by sustained low interest rates driving refinances and by continued strength in the purchase originations market.

The U.S. private mortgage insurance industry is highly competitive. There are currently six active mortgage insurers, including us. The majority of the new insurance written in our U.S. mortgage insurance business is priced using our proprietary risk-based pricing engine, GenRATE, which provides lenders with a granular approach to pricing for borrowers. All active U.S. mortgage insurers utilize proprietary risk-based pricing engines. Given evolving market dynamics, we expect price competition to remain highly competitive. For more information on the potential impacts due to competition, see “Item 1A—Risk Factors—Competitors could negatively affect our ability to maintain or increase our market share and profitability” in our 2019 Annual Report on Form

10-K.

At the same time, we believe mortgage insurers, including us, consider many variables when pricing their new insurance written including the prevailing and future macroeconomic conditions. As a result, we raised prices during the second quarter of 2020 to align with our updated view of risk in the prevailing market conditions. We believe our pricing remains competitive.

New insurance written of $28.4 billion increased 80% in the second quarter of 2020 compared to the second quarter of 2019 primarily due to higher mortgage refinancing originations, a larger private mortgage insurance market as overall housing fundamentals remain strong and our higher estimated market share. Our U.S. mortgage insurance estimated market share for the second quarter of 2020 was modestly lower compared to the first quarter of 2020. Our market share is influenced by the execution of our go to market strategy, including but not limited to, the market adoption of GenRATE and our selective participation in forward commitment transactions. Our market share remains impacted by the negative ratings differential relative to our competitors, concerns expressed about Genworth’s financial condition, the proposed transaction with China Oceanwide and pricing competition. We continue to manage the quality of new business through pricing and our underwriting guidelines, which we modify from time to time when circumstances warrant.

 

107

---

Table of Contents

Net earned premiums increased in the second quarter of 2020 compared to the second quarter of 2019 primarily from growth in our insurance

in-force

and from an increase in single premium policy cancellations driven largely by higher mortgage refinancing, partially offset by lower average premium rates and higher ceded premiums from reinsurance transactions executed in the current year. As a result of

COVID-19,

we experienced a significant increase in the number of reported delinquent loans during the second quarter of 2020. During this time and consistent with prior years, servicers continued the practice of remitting premium during the early stages of default. As a result, we did not experience an impact to earned premiums during the second quarter of 2020. Additionally, we have a business practice of refunding the post-delinquent premiums to the insured party if the delinquent loan goes to claim. We record a liability and a reduction to net earned premiums for the post-delinquent premiums we expect to refund. The post-delinquent premium liability recorded in the second quarter of 2020 for the increased number of delinquent loans was not significant to the change in earned premiums during the quarter. As a result of

COVID-19,

certain state insurance regulators have issued orders or provided guidance to insurers requiring or requesting, as the case may be, the provision of grace periods of varying lengths to insureds in the event of

non-payment

of premium. Regulators differ greatly in their approaches but generally focus on the avoidance of cancellation of coverage for

non-payment.

We currently comply with all state regulatory requirements and requests. If timely payment is not made, future premiums could decrease and the certificate of insurance could be subject to cancellation after 60 days, or such longer time as required under applicable law. During the second quarter of 2020, servicers continued to remit premium on

non-delinquent

loans and therefore we did not experience a significant change to earned premiums.

While

COVID-19

is unique in that it is a sudden, global economic disruption stemming from a health crisis, we have experience with the financial impacts of sudden, unexpected economic events on our U.S. mortgage insurance business. Prior localized natural disasters, such as hurricanes, have helped inform our view of the severity and potential duration of the economic shock caused by the efforts to contain the spread of

COVID-19.

Similar to our hurricane experience, borrowers who have experienced a financial hardship including, but not limited to, the loss of income due to the closing of a business or the loss of a job have taken advantage of available forbearance programs and payment deferral options. As a result, we have seen elevated new delinquencies, but as in past natural disasters, those delinquencies may cure at a higher rate than traditional delinquencies should economic activity quickly return to

pre-COVID-19

levels. Severity of loss on loans that do go to claim, however, may be negatively impacted by the extended forbearance timeline, the associated elevated expenses such as accumulated interest, the higher loan amount of the recent new delinquencies and home price depreciation, if any. Unlike a hurricane where the natural disaster occurs at a point in time and the rebuild starts soon after,

COVID-19

is an ongoing health crisis and we do not know when it will end, making it more difficult to determine the effectiveness of forbearance and the resulting rate at which delinquencies go to claim (“roll rate”) for new delinquencies in forbearance plans. Given this difference, our prior hurricane experience was relied upon as one consideration, of many, in the establishment of an appropriate roll rate estimate for new delinquencies in forbearance plans that have emerged as a result of

COVID-19.

Our losses for the three months ended June 30, 2020 were $228 million with an associated loss ratio of 94% as compared to zero losses and a loss ratio of zero for the three months ended June 30, 2019. The increase in losses was driven by several factors. New flow delinquencies increased materially in the second quarter of 2020 to 48,249 driven primarily by a significant increase in borrower forbearance as a result of

COVID-19.

Approximately 87% of our flow new delinquencies in the second quarter of 2020 were subject to a forbearance plan. New delinquencies contributed $170 million of loss expense for the three months ended June 30, 2020 calculated by applying a blended estimated roll rate between the estimate for existing

pre-COVID-19

early stage delinquencies and our past hurricane related roll rates, which were materially lower given the prior effectiveness of forbearance and government assistance programs. This compares to $28 million of loss expense from 7,539 new flow delinquencies for the three months ended June 30, 2019. Prior to

COVID-19,

traditional measures of credit quality, such as FICO score and whether a loan had a prior delinquency were most predictive of new delinquencies. Because the pandemic has affected a broad portion of the population, attribution analysis of second quarter of 2020 new delinquencies revealed that additional factors such as higher debt to income, geographies more affected by the virus or with a higher concentration of affected industries, loan size, and servicer process differences rose in significance.

 

108

---

Table of Contents

In addition to new delinquencies, losses in the second quarter of 2020 included a $28 million loss expense associated with incurred but not reported delinquencies, which are expected to be reported at a future date. We also strengthened reserves on existing delinquencies by an additional $28 million during the second quarter of 2020 driven primarily by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. This reserve strengthening compares to a favorable reserve adjustment of $10 million in the second quarter of 2019 mostly associated with lower expected claim rates. Lastly, the second quarter of 2020 loss expense reflects lower net benefits from cures and aging of existing delinquencies compared to the prior year.

As of June 30, 2020, GMICO’s

risk-to-capital

ratio under the current regulatory framework as established under North Carolina law and enforced by the North Carolina Department of Insurance (“NCDOI”), GMICO’s domestic insurance regulator, was approximately 12.2:1, compared with a

risk-to-capital

ratio of approximately 12.4:1 as of March 31, 2020 and 12.5:1 as of December 31, 2019. This

risk-to-capital

ratio remains below the NCDOI’s maximum

risk-to-capital

ratio of 25:1. North Carolina’s calculation of

risk-to-capital

excludes the

risk-in-force

for delinquent loans given the established loss reserves against all delinquencies. As a result, we do not expect any immediate, material pressure to GMICO’s

risk-to-capital

ratio in the short term as a result of

COVID-19.

GMICO’s ongoing

risk-to-capital

ratio will depend principally on the magnitude of future losses incurred by GMICO, the effectiveness of ongoing loss mitigation activities, new business volume and profitability, the amount of policy lapses and the amount of additional capital that is generated or distributed by the business or capital support (if any) that we provide.

Under PMIERs, we are subject to operational and financial requirements that private mortgage insurers must meet in order to remain eligible to insure loans that are purchased by the GSEs. Each approved mortgage insurer is required to provide the GSEs with an annual certification and a quarterly report as to its compliance with PMIERs. On June 29, 2020, the GSEs issued both temporary and permanent amendments to PMIERs, which became effective on June 30, 2020. With respect to loans that became

non-performing

due to a

COVID-19

hardship, PMIERs was temporarily amended with respect to each

non-performing

loan that (i) has an initial missed payment occurring on or after March 1, 2020 and prior to January 1, 2021, or (ii) is subject to a forbearance plan granted in response to a

COVID-19

hardship, the terms of which are materially consistent with terms of forbearance plans offered by the GSEs. The risk-based required asset amount factor for the

non-performing

loan will be the greater of (a) the applicable risk-based required asset amount factor for a performing loan were it not delinquent, and (b) the product of a 0.30 multiplier and the applicable risk-based required asset amount factor for a

non-performing

loan. In the case of (i), the 0.30 multiplier will be applicable for up to four calendar months from the date of the initial missed payment absent a forbearance plan described in (ii) above. The PMIERs amendments also impose temporary capital preservation provisions through March 31, 2021, that require an approved insurer to obtain prior written GSE approval before paying any dividends, pledging or transferring assets to an affiliate or entering into any new, or altering any existing, arrangements under tax sharing and intercompany expense-sharing agreements, even if such insurer has a surplus of available assets. Lastly, the amendments impose permanent revisions to the risk-based required asset amount factor for

non-performing

loans for properties located in future Federal Emergency Management Agency (“FEMA”) Declared Major Disaster Areas eligible for Individual Assistance.

As of June 30, 2020, our U.S. mortgage insurance business had estimated available assets of 143% of the required assets under PMIERs compared to 142% as of March 31, 2020 and 138% as of December 31, 2019. The estimated sufficiency as of June 30, 2020 was $1,275 million of available assets above the PMIERs requirements, compared to $1,171 million as of March 31, 2020 and $1,057 million as of December 31, 2019. The improvement in PMIERs sufficiency as compared to March 31, 2020 was driven in part by business cash flows increasing PMIERs available assets, elevated lapse of existing business driven by low prevailing interest rates and an increase in reinsurance credit. These factors were partially offset by incremental new delinquencies driving higher PMIERs required assets and capital consumed by new insurance written in the second quarter of 2020. In addition, our second quarter of 2020 PMIERs required assets benefited from the application of a 0.30 multiplier applied to the risk-based required asset amount factor for certain

non-performing

loans. The

 

109

---

Table of Contents

application of the 0.30 multiplier to all eligible delinquencies provided an estimated $1,057 million of benefit to our second quarter of 2020 PMIERs required assets. As a result of the uncertainty regarding the impact of

COVID-19

on our U.S. mortgage insurance business, we intend to preserve PMIERs available assets and defer the payment of dividends in 2020. The amount and timing of future dividends will depend on the economic recovery from

COVID-19,

among other factors.

Our credit risk transfer program provided an estimated aggregate of $1,043 million of PMIERs capital credit as of June 30, 2020. In the second quarter of 2020, we completed an aggregate excess of loss reinsurance transaction providing up to $300 million of reinsurance coverage on our 2009 to 2019 book years that is intended to provide PMIERs capital credit for elevated delinquencies as result of

COVID-19.

Our second quarter of 2020 PMIERs sufficiency includes an estimated $180 million of capital credit from this transaction. Our U.S. mortgage insurance business may execute future risk transfer transactions to maintain a prudent level of financial flexibility in excess of the PMIERs capital requirements in response to potential changes in performance and PMIERs requirements over time. We believe that future credit risk transfer transactions may be more difficult to execute, if possible at all, and may have a higher cost during and following the pandemic.

As discussed under “Item 1—Business—Regulation” in our 2019 Annual Report on Form

10-K,

pursuant to its authority under the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (“CFPB”) issued regulations that became effective on January 10, 2014, establishing underwriting and product feature requirements for mortgages to be deemed Qualified Mortgages (“QM”). The regulations provide that mortgages that comply with certain prohibitions and limitations and meet the GSE underwriting and product guidelines are deemed to be QMs (the “GSE Patch”) until the earlier of when the GSEs exit FHFA conservatorship or January 10, 2021. The GSE Patch permits loans that exceed a debt to income ratio of 43% to be eligible for QM status. Many of the loans that qualify under the GSE Patch require credit enhancement, of which private mortgage insurance is the predominate form of coverage. On June 22, 2020, the CFPB issued two Notices of Proposed Rulemaking seeking comments on proposed amendments to its QM regulations, and they extended the GSE Patch until the earlier of the effective date of the revised QM Rule (which is not expected to occur prior to April 1, 2021) or when the GSEs exit conservatorship. It is too early to determine what the proposed amendments will include when/if they become effective or the impact it will have on our U.S. mortgage insurance business.

 

110

---

Table of Contents

Segment results of operations

Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019

The following table sets forth the results of operations relating to our U.S. Mortgage Insurance segment for the periods indicated:

 

		Three months ended June 30,								Increase (decrease) and percentage change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	243			$	206			$	37				18	%
Net investment income			31				28				3				11	%
Net investment gains (losses)			(1	)			—				(1	)			NM	(1)
Policy fees and other income			1				1				—				—	%
Total revenues			274				235				39				17	%
Benefits and expenses:
Benefits and other changes in policy reserves			228				—				228				NM	(1)
Acquisition and operating expenses, net of deferrals			47				44				3				7	%
Amortization of deferred acquisition costs and intangibles			4				4				—				—	%
Total benefits and expenses			279				48				231				NM	(1)
Income (loss) from continuing operations before income taxes			(5	)			187				(192	)			(103	)%
Provision (benefit) for income taxes			(1	)			40				(41	)			(103	)%
Income (loss) from continuing operations			(4	)			147				(151	)			(103	)%
Adjustments to income (loss) from continuing operations:
Net investment (gains) losses			1				—				1				NM	(1)
Taxes on adjustments			—				—				—				—	%
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(3	)		$	147			$	(150	)			(102	)%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders

The decrease to an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders in the current year from adjusted operating income in the prior year was primarily attributable to higher losses largely from new delinquencies driven in large part by a significant increase in borrower forbearance and unfavorable reserve adjustments as a result of

COVID-19.

These decreases were partially offset by higher premiums in the current year.

Revenues

Premiums increased mainly attributable to higher insurance

in-force

and an increase in policy cancellations in our single premium mortgage insurance product driven largely by higher mortgage refinancing, partially offset by lower average premium rates and higher ceded premiums from reinsurance transactions executed in the current year.

Net investment income increased primarily from higher average invested assets in the current year.

 

111

---

Table of Contents

Benefits and expenses

Benefits and other changes in policy reserves increased largely from $170 million of losses from new delinquencies driven primarily by a significant increase in borrower forbearance as a result of

COVID-19.

The current year also included additional reserves of $28 million for incurred but not reported delinquencies that are expected to be reported in the future. In addition, existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. The current year also reflected lower net benefits from cures and aging of existing delinquencies. The prior year included a $10 million favorable reserve adjustment mostly associated with lower expected claim rates.

Acquisition and operating expenses, net of deferrals, increased primarily attributable to higher operating costs driven mostly by increased sales in the current year.

Provision (benefit) for income taxes.

The effective tax rate was 26.6% and 21.3% for the three months ended June 30, 2020 and 2019, respectively. The increase was driven by a

pre-tax

loss in the current year compared to

pre-tax

income in the prior year.

Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019

The following table sets forth the results of operations relating to our U.S. Mortgage Insurance segment for the periods indicated:

 

										Increase
										(decrease) and
		Six months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	469			$	400			$	69				17	%
Net investment income			64				56				8				14	%
Net investment gains (losses)			(1	)			—				(1	)			NM	(1)
Policy fees and other income			3				2				1				50	%
Total revenues			535				458				77				17	%
Benefits and expenses:
Benefits and other changes in policy reserves			247				16				231				NM	(1)
Acquisition and operating expenses, net of deferrals			97				90				7				8	%
Amortization of deferred acquisition costs and intangibles			8				8				—				—	%
Total benefits and expenses			352				114				238				NM	(1)
Income from continuing operations before income taxes			183				344				(161	)			(47	)%
Provision for income taxes			39				73				(34	)			(47	)%
Income from continuing operations			144				271				(127	)			(47	)%
Adjustments to income from continuing operations:
Net investment (gains) losses			1				—				1				NM	(1)
Taxes on adjustments			—				—				—				—	%
Adjusted operating income available to Genworth Financial, Inc.’s common stockholders		$	145			$	271			$	(126	)			(46	)%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

 

112

---

Table of Contents

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders decreased primarily attributable to higher losses largely from new delinquencies driven in large part by a significant increase in borrower forbearance and unfavorable reserve adjustments as a result of

COVID-19.

These decreases were partially offset by higher premiums in the current year.

Revenues

Premiums increased mainly attributable to higher insurance

in-force

and an increase in policy cancellations in our single premium mortgage insurance product driven largely by higher mortgage refinancing, partially offset by lower average premium rates in the current year.

Net investment income increased primarily from higher average invested assets in the current year.

Benefits and expenses

Benefits and other changes in policy reserves increased largely from $170 million of losses from new delinquencies driven primarily by a significant increase in borrower forbearance as a result of

COVID-19.

The current year also included additional reserves of $28 million for incurred but not reported delinquencies that are expected to be reported in the future. In addition, existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. The current year also reflected lower net benefits from cures and aging of existing delinquencies. The prior year included a $10 million favorable reserve adjustment mostly associated with lower expected claim rates.

Acquisition and operating expenses, net of deferrals, increased primarily attributable to higher operating costs driven mostly by increased sales in the current year.

Provision for income taxes.

The effective tax rate was 21.1% and 21.3% for the six months ended June 30, 2020 and 2019, respectively, consistent with the U.S. corporate federal income tax rate.

U.S. Mortgage Insurance selected operating performance measures

The following tables set forth selected operating performance measures regarding our U.S. Mortgage Insurance segment as of or for the dates indicated:

 

										Increase (decrease) and
		As of June 30,								percentage change
(Amounts in millions)		2020				2019				2020 vs. 2019
Primary insurance in-force (1)		$	207,400			$	178,500			$	28,900				16	%
Risk in-force		$	50,000			$	43,100			$	6,900				16	%

 

(1)

Primary insurance in-force represents the aggregate original loan balance for outstanding insurance policies and is used to determine premiums. Original loan balances are presented for policies with level renewal premiums. Amortized loan balances are presented for policies with annual, amortizing renewal premiums.

 

										Increase																Increase
										(decrease) and																(decrease) and
		Three months ended								percentage								Six months ended								percentage
		June 30,								change								June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019								2020				2019				2020 vs. 2019
New insurance written		$	28,400			$	15,800			$	12,600				80	%		$	46,300			$	25,400			$	20,900				82	%
Net premiums written		$	217			$	204			$	13				6	%		$	425			$	397			$	28				7	%

 

113

---

Table of Contents

Primary insurance

in-force

and risk

in-force

Primary insurance

in-force

increased largely from $29.1 billion in higher flow insurance

in-force,

which increased from $177.4 billion as of June 30, 2019 to $206.5 billion as of June 30, 2020 as a result of new insurance written, partially offset by lapses and cancellations during the current year. The increase in flow insurance

in-force

was partially offset by a decline of $0.2 billion in mortgage insurance on a bulk basis (“bulk insurance”)

in-force,

which decreased from $1.1 billion as of June 30, 2019 to $0.9 billion as of June 30, 2020 from cancellations and lapses. In addition, risk

in-force

increased primarily as a result of higher flow insurance

in-force.

Flow persistency was 67% and 84% for the six months ended June 30, 2020 and 2019, respectively.

New insurance written

For the three and six months ended June 30, 2020, new insurance written increased primarily due to higher mortgage refinancing originations, a larger private mortgage insurance market as overall housing fundamentals remain strong and our higher estimated market share.

Net premiums written

Net premiums written for the three and six months ended June 30, 2020 increased primarily from higher average flow insurance

in-force,

partially offset by higher ceded premiums from reinsurance transactions executed in the current year.

Loss and expense ratios

The following table sets forth the loss and expense ratios for our U.S. Mortgage Insurance segment for the dates indicated:

 

		Three months ended												Six months ended
		June 30,								Increase (decrease)				June 30,								Increase (decrease)
		2020				2019				2020 vs. 2019				2020				2019				2020 vs. 2019
Loss ratio			94	%			—	%			94	%			53	%			4	%			49	%
Expense ratio (net earned premiums)			21	%			24	%			(3	)%			22	%			25	%			(3	)%
Expense ratio (net premiums written)			23	%			24	%			(1	)%			25	%			25	%			—	%

The loss ratio is the ratio of benefits and other changes in policy reserves to net earned premiums. The expense ratio (net earned premiums) is the ratio of general expenses to net earned premiums. The expense ratio (net premiums written) is the ratio of general expenses to net premiums written. In our business, general expenses consist of acquisition and operating expenses, net of deferrals, and amortization of DAC and intangibles.

The loss ratio increased for the three and six months ended June 30, 2020 largely from $170 million of losses from new delinquencies driven primarily by a significant increase in borrower forbearance as a result of

COVID-19.

The current year also included additional reserves of $28 million for incurred but not reported delinquencies that are expected to be reported in the future. In addition, existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. The current year also reflected lower net benefits from cures and aging of existing delinquencies compared to the prior year. The prior year included a $10 million favorable reserve adjustment mostly associated with lower expected claim rates, which reduced the loss ratio by five percentage points for the three months ended June 30, 2019.

The expense ratio (net earned premiums) for the three and six months ended June 30, 2020 decreased mainly driven by higher net earned premiums, partially offset by higher operating costs in the current year.

 

114

---

Table of Contents

The expense ratio (net premiums written) decreased for the three months ended June 30, 2020 largely due to higher net premiums written, partially offset by higher operating costs in the current year.

Delinquent loans

The following table sets forth the number of loans insured, the number of delinquent loans and the delinquency rate for our U.S. mortgage insurance portfolio as of the dates indicated:

 

		June 30,				December 31,				June 30,
		2020				2019				2019
Primary insurance:
Insured loans in-force			904,753				860,214				818,358
Delinquent loans			53,894				16,607				15,482
Percentage of delinquent loans (delinquency rate)			5.96	%			1.93	%			1.89	%
Flow loans in-force			894,715				846,472				806,739
Flow delinquent loans			53,372				16,209				15,070
Percentage of flow delinquent loans (delinquency rate)			5.97	%			1.91	%			1.87	%
Bulk loans in-force			10,038				10,742				11,619
Bulk delinquent loans (1)			522				398				412
Percentage of bulk delinquent loans (delinquency rate)			5.20	%			3.71	%			3.55	%
A minus and sub-prime loans in-force			11,712				12,792				14,180
A minus and sub-prime delinquent loans			2,470				2,283				2,367
Percentage of A minus and sub-prime delinquent loans (delinquency rate)			21.09	%			17.85	%			16.69	%
Pool insurance:
Insured loans in-force			3,818				4,122				4,331
Delinquent loans			151				167				177
Percentage of delinquent loans (delinquency rate)			3.95	%			4.05	%			4.09	%

 

(1)	Included loans where we were in a secondary loss position for which no reserve was established due to an existing deductible. Excluding these loans, bulk delinquent loans were 422 as of June 30, 2020, 348 as of December 31, 2019 and 347 as of June 30, 2019.

Delinquency rates have increased primarily as a result of the rise in unemployment and the significant increase in borrower forbearance driven by

COVID-19.

The following tables set forth flow delinquencies, direct case reserves and risk

in-force

by aged missed payment status in our U.S. mortgage insurance portfolio as of the dates indicated:

 

		June 30, 2020
						Direct case				Risk				Reserves as %
(Dollar amounts in millions)		Delinquencies				reserves (1)				in-force				of risk in-force
Payments in default:
3 payments or less			43,044			$	162			$	2,687				6	%
4 - 11 payments			7,404				111				388				29	%
12 payments or more			2,924				105				147				71	%
Total			53,372			$	378			$	3,222				12	%

 

(1)	Direct flow case reserves exclude loss adjustment expenses, incurred but not reported and reinsurance reserves.

 

115

---

Table of Contents

		December 31, 2019
						Direct case				Risk				Reserves as %
(Dollar amounts in millions)		Delinquencies				reserves (1)				in-force				of risk in-force
Payments in default:
3 payments or less			8,524			$	27			$	386				7	%
4 - 11 payments			4,836				78				224				35	%
12 payments or more			2,849				99				145				68	%
Total			16,209			$	204			$	755				27	%

 

(1)	Direct flow case reserves exclude loss adjustment expenses, incurred but not reported and reinsurance reserves.

Primary insurance delinquency rates differ from region to region in the United States at any one time depending upon economic conditions and cyclical growth patterns. The tables below set forth our primary delinquency rates for the various regions of the United States and the 10 largest states by our risk

in-force

as of the dates indicated. Delinquency rates are shown by region based upon the location of the underlying property, rather than the location of the lender.

 

		Percent of primary risk in-force as of June 30, 2020				Percent of total reserves as of June 30, 2020  (1)				Delinquency rate
										June 30,				December 31,				June 30,
										2020				2019				2019
By Region:
Southeast (2)			19	%			21	%			6.68	%			2.15	%			2.18	%
Pacific (3)			18				17				7.24	%			1.36	%			1.22	%
South Central (4)			17				14				6.02	%			1.84	%			1.79	%
Northeast (5)			12				21				8.01	%			2.72	%			2.87	%
Great Lakes (6)			10				6				3.81	%			1.69	%			1.56	%
North Central (7)			10				9				4.97	%			1.91	%			1.79	%
Mid-Atlantic (8)			6				5				6.31	%			1.90	%			1.81	%
New England (9)			5				5				5.22	%			1.92	%			1.95	%
Plains (10)			3				2				3.31	%			1.69	%			1.67	%
Total			100	%			100	%			5.96	%			1.93	%			1.89	%

 

(1)	Total reserves were $439 million as of June 30, 2020.

(2)	Alabama, Arkansas, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee.

(3)	Alaska, California, Hawaii, Nevada, Oregon and Washington.

(4)	Arizona, Colorado, Louisiana, New Mexico, Oklahoma, Texas and Utah.

(5)	New Jersey, New York and Pennsylvania.

(6)	Indiana, Kentucky, Michigan and Ohio.

(7)	Illinois, Minnesota, Missouri and Wisconsin.

(8)	Delaware, Maryland, Virginia, Washington D.C. and West Virginia.

(9)	Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

(10)	Idaho, Iowa, Kansas, Montana, Nebraska, North Dakota, South Dakota and Wyoming.

 

116

---

Table of Contents

		Percent of primary risk in-force as of June 30, 2020				Percent of total reserves as of June 30, 2020  (1)				Delinquency rate
										June 30,				December 31,				June 30,
										2020				2019				2019
By State:
California			11	%			10	%			7.63	%			1.42	%			1.26	%
Texas			7	%			7	%			7.30	%			2.02	%			1.86	%
Florida			7	%			11	%			9.04	%			2.13	%			2.26	%
New York			5	%			12	%			8.90	%			3.00	%			3.12	%
Illinois			5	%			6	%			6.12	%			2.27	%			2.10	%
Washington			4	%			3	%			5.59	%			1.10	%			0.90	%
Michigan			4	%			2	%			4.08	%			1.44	%			1.28	%
Pennsylvania			4	%			3	%			5.46	%			2.15	%			2.24	%
North Carolina			4	%			3	%			4.99	%			1.79	%			1.82	%
Ohio			3	%			2	%			4.01	%			1.84	%			1.69	%

 

(1)	Total reserves were $439 million as of June 30, 2020.

The following table sets forth the dispersion of our total reserves and primary insurance

in-force

and risk

in-force

by year of policy origination and average annual mortgage interest rate as of June 30, 2020:

 

										Primary								Primary
		Average				Percent of total				insurance				Percent				risk				Percent
(Amounts in millions)		rate				reserves (1)				in-force				of total				in-force				of total
Policy Year
2004 and prior			6.15	%			4.2	%		$	1,241				0.6	%		$	231				0.5	%
2005 to 2008			5.47	%			30.2				14,017				6.8				3,193				6.4
2009 to 2013			4.23	%			2.7				5,461				2.6				1,267				2.5
2014			4.46	%			3.1				5,719				2.8				1,367				2.7
2015			4.16	%			5.1				11,858				5.7				2,843				5.7
2016			3.89	%			9.2				22,566				10.9				5,415				10.8
2017			4.25	%			11.5				23,845				11.5				5,752				11.5
2018			4.77	%			12.9				24,767				11.9				5,975				12.0
2019			4.25	%			18.4				52,068				25.1				12,690				25.4
2020			3.58	%			2.7				45,816				22.1				11,253				22.5
Total portfolio			4.29	%			100.0	%		$	207,358				100.0	%		$	49,986				100.0	%

 

(1)	Total reserves were $439 million as of June 30, 2020.

Australia Mortgage Insurance segment

Trends and conditions

Results of our mortgage insurance business in Australia are affected primarily by changes in regulatory environments, employment levels, consumer borrowing behavior, lender mortgage-related strategies, including lender servicing practices, and other economic and housing market influences, including interest rate trends, home price appreciation or depreciation, mortgage origination volume, levels and aging of mortgage delinquencies and movements in foreign currency exchange rates. During the second quarter of 2020, the Australian dollar weakened against the U.S. dollar compared to the second quarter of 2019, which negatively impacted the results of our mortgage insurance business in Australia as reported in U.S. dollars. Any future movement in foreign exchange rates could impact future results.

Australia continued to face the challenges of containing the spread of

COVID-19

and the resulting reduction of economic activity in the second quarter of 2020. Early in the pandemic, many of our lender customers created programs that allow affected homeowners the option to defer their mortgage repayments, without penalty, for a

 

117

---

Table of Contents

period of up to six months. Under regulatory guidance, homeowners participating in these programs, unless previously delinquent, are reported as current during the deferral period. As of June 30, 2020, the business had been notified that over 48,000 policies were participating in the deferral programs, which represents approximately 4% of our total policies

in-force

as of June 30, 2020. For many borrowers, the initial

six-month

deferral period expires in September 2020; therefore, lender customers announced on July 8, 2020 a new phase of support, allowing homeowners who are still impacted by

COVID-19

to extend their repayment deferrals for up to an additional four months. In response, our mortgage insurance business in Australia expanded its

COVID-19

hardship policy to enable lenders to further support borrowers impacted by the pandemic. The Australian government has continued to expand its income support programs, broadening eligibility and allowing for continued support for those impacted by

COVID-19.

Additionally, the government announced a new homebuilder program to provide eligible homeowners with grants for home builds and renovations to help drive economic activity. While the government programs and lender initiatives may lessen the effect of

COVID-19

related losses to the business, uncertainties remain, as concerns around a resurgence of new

COVID-19

cases and recently reinstated business and social restrictions take effect. We continue to actively consider the potential economic impacts and work closely with our lender customers to support borrowers who have been impacted by

COVID-19.

As of the May 2020 release of its Statement on Monetary Policy, the Reserve Bank of Australia (“RBA”) expected the Australian gross domestic product to have contracted considerably in the second quarter of 2020 as a result of significantly reduced domestic activity since

mid-March

2020 due to

COVID-19.

The speed of recovery remains uncertain, and as a result, the pandemic could have long-lasting effects. Acknowledging in its June 2020 monetary policy release that its fiscal and monetary support will be required to help the economy for some time, the RBA maintained its official cash rate at 0.25%. RBA’s governor noted that its accommodative approach will be maintained as long as required and that RBA’s Board will not increase the cash rate target until progress is made toward full employment and it is confident that inflation will remain within a target range of two to three percent. The June 2020 unemployment rate increased to 7.4% from 5.2% at the end of the first quarter of 2020 as individuals were affected by job loss or reduction in hours due to the impact of

COVID-19.

This has been partially mitigated by government support programs, which have reduced the participation rate. We expect the unemployment rate to remain high for the remainder of 2020 as a result of

COVID-19.

In the second quarter of 2020, home prices in the combined capital cities of Australia were approximately 9% higher compared to June 2019. The Sydney and Melbourne housing markets were the main drivers of growth, with annual home price increases of 13% and 10%, respectively. Although home values climbed as compared to the prior year, the combined capital cities recorded a decline in the month of June 2020 and July 2020 of approximately 1%. The long-term outlook for the Australian housing market is largely dependent on the length of

COVID-19

and the speed of the economic recovery, along with how effective the various economic stimulus packages implemented by the Australian Government are in response to the pandemic.

Our mortgage insurance business in Australia completed a review of its premium earnings pattern in the fourth quarter of 2019, which resulted in no changes to the earnings pattern adopted in the fourth quarter of 2017. The adjustment to our premium earnings pattern in the fourth quarter of 2017 was applied on a retrospective basis under U.S. GAAP, however, under local Australian Accounting Standards (“AAS”) this adjustment was applied on a prospective basis. Due to this divergence in accounting application, the financial results and certain metrics, such as the loss ratio and expense ratios, for our mortgage insurance business in Australia were different between the two accounting standards through the second quarter of 2020. These differences will continue in future periods but will become less significant as time passes.

Given the range of possible future adverse economic scenarios resulting from

COVID-19,

our mortgage insurance business in Australia assessed the adequacy of its unearned premium liability under local AAS as part of its first quarter of 2020 results. The liability adequacy test under AAS resulted in a deficiency, mostly driven by higher expected future claims. Accordingly, our Australia mortgage insurance business

wrote-off

AUD$182 million of its DAC balance as part of its first quarter of 2020 results. There was no deficiency

 

118

---

Table of Contents

adjustment under U.S. GAAP primarily due to a higher unearned premium reserve and a lower DAC balance. This further contributed to differences in results for our Australia mortgage insurance business under the two accounting standards in the first half of 2020. The business conducted both its liability adequacy and premium deficiency tests for AAS and U.S. GAAP, respectively, again in the second quarter of 2020, with both resulting in no deficiency and therefore, no further impact to its results.

Our mortgage insurance business in Australia had higher losses in the second quarter of 2020 compared to the second quarter of 2019 primarily related to the economic impacts caused by

COVID-19,

including a provision for incurred but not reported losses on loans in payment deferral programs. This estimate is largely based on the assumption that some of these loans will become delinquent regardless of being placed in the deferral program. The increase in losses was partially offset by favorable aging of existing delinquencies in the current year. The loss ratio for our Australia mortgage insurance business for the three months ended June 30, 2020 was 63%. Due to

COVID-19,

our mortgage insurance business in Australia anticipates claims and reported delinquencies to increase toward the end of 2020 and possibly into 2021, which could further impact losses.

Despite the pandemic, our mortgage insurance business in Australia continued to see higher mortgage origination volume from continued low interest rates and improving consumer confidence in the second quarter of 2020, resulting in higher new insurance written compared to the second quarter of 2019. Gross written premiums were also higher in the second quarter of 2020 compared to the second quarter of 2019, largely as a result of higher flow new insurance written. Conversely, net earned premiums were lower in the second quarter of 2020 compared to the second quarter of 2019 primarily from portfolio seasoning and lower policy cancellations.

Our mortgage insurance business in Australia is concentrated in a small number of key customers. In October 2019, we renewed our supply and service contract with our largest customer, effective January 1, 2020, for a term of three years. In November 2018, we entered a new contract with our second largest customer, effective November 21, 2018, with a term of two years and the option to extend for an additional year at the customer’s discretion. In May 2020, following a

request-for-proposal

process, this customer advised our mortgage insurance business in Australia that the contract will not be renewed and will expire in November 2020. These two customers represented 56% and 10%, respectively, of our gross written premiums in the first half of 2020. Any termination, reduction or material change in relationship with one of them could have a material adverse effect on our future results because of our reliance on these key customers for the majority of our business. As such, the termination of the contract with our second largest customer is expected to modestly impact our financial results following the expiration of the existing contract. One additional consideration related to our customer contracts is that some contain provisions that allow the customer the option to terminate their contract, on a prospective basis for new business, within a specified period following a ratings downgrade. Given the potential economic impacts of

COVID-19,

our mortgage insurance business in Australia could be subject to additional ratings downgrades in the future. If that occurs, the business will work with its customers to demonstrate its credit strength and endeavor to avoid termination of any existing contracts.

Our mortgage insurance business in Australia evaluates its capital position in relation to the PCA as determined by Australian Prudential Regulation Authority (“APRA”) and utilizes its Internal Capital Adequacy Assessment Process as the framework to ensure that our Australia group of companies as a whole, and each regulated entity, are independently capitalized to meet regulatory requirements. As of June 30, 2020, our estimated PCA ratio was approximately 177%, representing a slight decrease from 178% as of March 31, 2020. Given the economic uncertainty surrounding COVID-19, APRA has provided guidance to insurers asking them to maintain caution in planning capital distributions, including dividends. Given this guidance and the uncertain economic outlook, our mortgage insurance business in Australia believes it is prudent to preserve capital to sustain its capital position. As a result, we do not expect to receive further dividends or other returns of capital from our mortgage insurance business in Australia for the remainder of 2020. Future dividends will be subject to economic conditions and retaining a strong capital buffer, among other factors, and may require APRA approval.

In September 2019, the Australian Government released details of the First Home Loan Deposit Scheme (“FHLDS”), which is designed to assist eligible first-time home buyers by providing a government guarantee to

 

119

---

Table of Contents

participating lenders on eligible loans equal to the difference between the deposit (of at least 5%) and 20% of the purchase price. Borrower income and regional property value caps apply, and the program is intended to support up to 10,000 eligible first-time home buyers each Australian Government fiscal year, which is July 1 through June 30. If the loan comes to an end or the loan principal balance reduces to below 80% of the value of the property at purchase, the government guarantee will terminate. The FHLDS became effective on January 1, 2020 with the annual limit of 10,000 loan guarantees reached for the first year of the program that ended June 30, 2020.

Segment results of operations

Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019

The following table sets forth the results of operations relating to our Australia Mortgage Insurance segment for the periods indicated:

 

										Increase
										(decrease) and
		Three months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	62			$	80			$	(18	)			(23	)%
Net investment income			8				15				(7	)			(47	)%
Net investment gains (losses)			66				1				65				NM	(1)
Total revenues			136				96				40				42	%
Benefits and expenses:
Benefits and other changes in policy reserves			39				26				13				50	%
Acquisition and operating expenses, net of deferrals			18				17				1				6	%
Amortization of deferred acquisition costs and intangibles			6				9				(3	)			(33	)%
Goodwill impairment			5				—				5				NM	(1)
Interest expense			2				2				—				—	%
Total benefits and expenses			70				54				16				30	%
Income from continuing operations before income taxes			66				42				24				57	%
Provision for income taxes			20				13				7				54	%
Income from continuing operations			46				29				17				59	%
Less: net income from continuing operations attributable to noncontrolling interests			23				15				8				53	%
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders			23				14				9				64	%
Adjustments to income from continuing operations available to Genworth Financial, Inc.’s common stockholders:
Net investment (gains) losses, net (2)			(34	)			(1	)			(33	)			NM	(1)
Goodwill impairment (3)			3				—				3				NM	(1)
Taxes on adjustments			9				—				9				NM	(1)
Adjusted operating income available to Genworth Financial, Inc.’s common stockholders		$	1			$	13			$	(12	)			(92	)%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

(2)	For the three months ended June 30, 2020, net investment (gains) losses were adjusted for the portion of net investment gains (losses) attributable to noncontrolling interests of $32 million.

(3)	For the three months ended June 30, 2020, goodwill impairment was adjusted for the portion attributable to noncontrolling interests of $2 million.

 

120

---

Table of Contents

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders decreased primarily driven by lower earned premiums largely from portfolio seasoning and lower policy cancellations and from higher losses mostly associated with the economic impacts caused by

COVID-19,

partially offset by favorable aging of existing delinquencies in the current year.

Revenues

Premiums decreased predominantly from portfolio seasoning and lower policy cancellations in the current year. The three months ended June 30, 2020 included a decrease of $7 million attributable to changes in foreign exchange rates.

Net investment income decreased largely from lower yields in the current year.

Net investment gains increased primarily from derivative gains in the current year compared to derivative losses in the prior year, as well as higher net realized gains from the sale of investment securities in the current year. The three months ended June 30, 2020 included a decrease of $7 million attributable to changes in foreign exchange rates.

Benefits and expenses

Benefits and other changes in policy reserves increased primarily from loss reserve strengthening of $18 million reflecting the economic impacts caused by

COVID-19,

including a provision for incurred but not reported losses on loans in payment deferral programs, partially offset by favorable aging of existing delinquencies in the current year. The three months ended June 30, 2020 included a decrease of $4 million attributable to changes in foreign exchange rates.

We recorded a goodwill impairment charge of $5 million in the current year, which represented the remaining amount of goodwill related to our mortgage insurance business in Australia.

Provision for income taxes.

The effective tax rate was 30.0% for the three months ended June 30, 2020 and 2019, consistent with our jurisdictional rate.

Net income from continuing operations attributable to noncontrolling interests.

The increase was predominantly related to higher net investment gains in the current year.

 

121

---

Table of Contents

Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019

The following table sets forth the results of operations relating to our Australia Mortgage Insurance segment for the periods indicated:

 

										Increase
										(decrease) and
		Six months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	131			$	163			$	(32	)			(20	)%
Net investment income			18				31				(13	)			(42	)%
Net investment gains (losses)			13				13				—				—	%
Policy fees and other income			1				(1	)			2				200	%
Total revenues			163				206				(43	)			(21	)%
Benefits and expenses:
Benefits and other changes in policy reserves			63				54				9				17	%
Acquisition and operating expenses, net of deferrals			35				34				1				3	%
Amortization of deferred acquisition costs and intangibles			14				18				(4	)			(22	)%
Goodwill impairment			5				—				5				NM	(1)
Interest expense			3				4				(1	)			(25	)%
Total benefits and expenses			120				110				10				9	%
Income from continuing operations before income taxes			43				96				(53	)			(55	)%
Provision for income taxes			13				29				(16	)			(55	)%
Income from continuing operations			30				67				(37	)			(55	)%
Less: net income from continuing operations attributable to noncontrolling interests			17				35				(18	)			(51	)%
Income from continuing operations available to Genworth Financial, Inc.’s common stockholders			13				32				(19	)			(59	)%
Adjustments to income from continuing operations available to Genworth Financial, Inc.’s common stockholders:
Net investment (gains) losses, net (2)			(7	)			(7	)			—				—	%
Goodwill impairment (3)			3				—				3				NM	(1)
Taxes on adjustments			1				2				(1	)			(50	)%
Adjusted operating income available to Genworth Financial, Inc.’s common stockholders		$	10			$	27			$	(17	)			(63	)%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

(2)	For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for the portion of net investment gains (losses) attributable to noncontrolling interests of $6 million in both periods.

(3)	For the six months ended June 30, 2020, goodwill impairment was adjusted for the portion attributable to noncontrolling interests of $2 million.

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders decreased primarily driven by lower earned premiums largely from portfolio seasoning and lower policy cancellations, higher losses mostly associated with the economic impacts caused by

COVID-19

and lower net investment income in the current year.

 

122

---

Table of Contents

Revenues

Premiums decreased predominantly from portfolio seasoning and lower policy cancellations in the current year. The six months ended June 30, 2020 included a decrease of $11 million attributable to changes in foreign exchange rates.

Net investment income decreased largely from lower yields in the current year.

Benefits and expenses

Benefits and other changes in policy reserves increased primarily from loss reserve strengthening of $18 million in the second quarter of 2020 reflecting the economic impacts caused by

COVID-19,

including a provision for incurred but not reported losses on loans in payment deferral programs, partially offset by favorable aging of existing delinquencies in the current year. The six months ended June 30, 2020 included a decrease of $5 million attributable to changes in foreign exchange rates.

We recorded a goodwill impairment charge of $5 million in the current year, which represented the remaining amount of goodwill related to our mortgage insurance business in Australia.

Provision for income taxes.

The effective tax rate was 30.0% for the six months ended June 30, 2020 and 2019, consistent with our jurisdictional rate.

Net income attributable to noncontrolling interests.

The decrease was predominantly related to lower premiums, higher losses and lower net investment income in the current year.

Australia Mortgage Insurance selected operating performance measures

As of June 30, 2020, our mortgage insurance business in Australia had structured insurance transactions with three lenders where it was in a secondary loss position. The insurance portfolio metrics associated with these transactions, which include insurance

in-force,

risk

in-force,

new insurance written, loans

in-force

and delinquent loans, are excluded from the following tables. These arrangements represented approximately $162 million and $157 million of risk

in-force

as of June 30, 2020 and 2019, respectively.

The following tables set forth selected operating performance measures regarding our Australia Mortgage Insurance segment as of or for the dates indicated:

 

										Increase
										(decrease) and
		As of June 30,								percentage change
(Amounts in millions)		2020				2019				2020 vs. 2019
Primary insurance in-force		$	210,200			$	215,600			$	(5,400	)			(3	)%
Risk in-force		$	73,200			$	75,100			$	(1,900	)			(3	)%

 

										Increase																Increase
										(decrease) and																(decrease) and
		Three months ended								percentage								Six months ended								percentage
		June 30,								change								June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019								2020				2019				2020 vs. 2019
New insurance written		$	4,500			$	4,900			$	(400)				(8)	%		$	8,800			$	8,800			$	—				—	%
Net premiums written		$	70			$	58			$	12				21	%		$	132			$	110			$	22				20	%

Our mortgage insurance business in Australia currently provides 100% coverage on the majority of the loans we insure in those markets. For the purpose of representing our risk

in-force,

we have computed an “effective” risk

in-force

amount, which recognizes that the loss on any particular loan will be reduced by the net proceeds

 

123

---

Table of Contents

received upon sale of the property. Effective risk

in-force

has been calculated by applying to insurance

in-force

a factor of 35% that represents our highest expected average

per-claim

payment for any one underwriting year over the life of our business in Australia. We also have certain risk share arrangements where we provide

pro-rata

coverage of certain loans rather than 100% coverage. As a result, for loans with these risk share arrangements, the applicable

pro-rata

coverage amount provided is used when applying the factor.

Primary insurance

in-force

and risk

in-force

Primary insurance

in-force

and risk

in-force

decreased primarily due to changes in foreign exchange rates and policy cancellations in the current year. Primary insurance

in-force

and risk

in-force

included decreases of $3.7 billion and $1.3 billion, respectively, from changes in foreign exchange rates.

New insurance written

Excluding the effects of changes in foreign exchange rates, new insurance written increased for the three and six months ended June 30, 2020 primarily from higher mortgage origination volume from continued low interest rates and improving consumer confidence, partially offset by lower bulk insurance written in the current year. The three and six months ended June 30, 2020 included decreases of $500 million and $700 million, respectively, attributable to changes in foreign exchange rates.

Net premiums written

Most of our Australian mortgage insurance policies provide for single premiums at the time that loan proceeds are advanced. We initially record the single premiums to unearned premium reserves and recognize the premiums earned over time in accordance with the expected pattern of risk emergence. As of June 30, 2020 and December 31, 2019, our unearned premium reserves were $1.0 billion.

Net premiums written increased for the three and six months ended June 30, 2020 primarily due to higher flow new insurance written from an increase in mortgage origination volume in the current year. The three and six months ended June 30, 2020 included decreases of $8 million and $11 million, respectively, attributable to changes in foreign exchange rates.

Loss and expense ratios

The following table sets forth the loss and expense ratios for our Australia Mortgage Insurance segment for the periods indicated:

 

		Three months ended June 30,								Increase (decrease)				Six months ended June 30,								Increase (decrease)
		2020				2019				2020 vs. 2019				2020				2019				2020 vs. 2019
Loss ratio			63	%			34	%			29	%			48	%			34	%			14	%
Expense ratio (net earned premiums)			47	%			33	%			14	%			41	%			32	%			9	%
Expense ratio (net premiums written)			41	%			44	%			(3	)%			41	%			47	%			(6	)%

The loss ratio is the ratio of benefits and other changes in policy reserves to net earned premiums. The expense ratio (net earned premiums) is the ratio of general expenses to net earned premiums. The expense ratio (net premiums written) is the ratio of general expenses to net premiums written. In our mortgage insurance business in Australia, general expenses consist of acquisition and operating expenses, net of deferrals, amortization of DAC and intangibles and goodwill impairment charges.

 

124

---

Table of Contents

The loss ratio increased for the three and six months ended June 30, 2020 primarily from loss reserve strengthening of $18 million in the second quarter of 2020 reflecting the economic impacts caused by

COVID-19,

including a provision for incurred but not reported losses on loans in payment deferral programs, partially offset by favorable aging of existing delinquencies in the current year. The increase was also attributable to lower premiums from portfolio seasoning and lower policy cancellations in the current year.

The expense ratio (net earned premiums) increased for the three and six months ended June 30, 2020 primarily from a goodwill impairment charge of $5 million in the current year and lower net earned premiums as discussed above.

The expense ratio (net premiums written) decreased for the three and six months ended June 30, 2020 primarily from higher net premiums written primarily due to an increase in mortgage origination volume, partially offset by a goodwill impairment charge of $5 million in the current year.

Delinquent loans

The following table sets forth the number of loans insured, the number of delinquent loans and the delinquency rate for our Australia mortgage insurance portfolio as of the dates indicated:

 

		June 30, 2020				December 31, 2019				June 30, 2019
Primary insured loans in-force			1,236,657				1,290,216				1,308,811
Delinquent loans			7,614				7,221				7,891
Percentage of delinquent loans (delinquency rate)			0.62	%			0.56	%			0.60	%
Flow loans in-force			1,137,784				1,189,019				1,200,603
Flow delinquent loans			7,380				7,003				7,642
Percentage of flow delinquent loans (delinquency rate)			0.65	%			0.59	%			0.64	%
Bulk loans in-force			98,873				101,197				108,208
Bulk delinquent loans			234				218				249
Percentage of bulk delinquent loans (delinquency rate)			0.24	%			0.22	%			0.23	%

Flow loans

in-force

decreased primarily from policy cancellations in the current year. Flow delinquent loans increased compared to December 31, 2019 from new delinquencies exceeding cures in the current year. Flow delinquent loans decreased compared to June 30, 2019 driven by claims paid, partially offset by new delinquencies exceeding cures.

 

125

---

Table of Contents

Primary insurance delinquency rates differ by the various states and territories of Australia at any one time depending upon economic conditions and cyclical growth patterns. The table below sets forth our primary delinquency rates for the states and territories of Australia by our risk

in-force

as of the dates indicated. Delinquency rates are shown by region based upon the location of the underlying property, rather than the location of the lender.

 

		Percent of primary risk in-force as of June 30, 2020				Delinquency rate
						June 30,				December 31,				June 30,
						2020				2019				2019
By state and territory:
New South Wales			27	%			0.51	%			0.42	%			0.45	%
Queensland			23				0.78	%			0.75	%			0.81	%
Victoria			23				0.46	%			0.41	%			0.45	%
Western Australia			13				1.06	%			1.00	%			1.10	%
South Australia			6				0.70	%			0.65	%			0.68	%
Australian Capital Territory			3				0.27	%			0.24	%			0.25	%
Tasmania			2				0.27	%			0.29	%			0.31	%
New Zealand			2				0.03	%			0.02	%			0.02	%
Northern Territory			1				0.87	%			0.71	%			0.83	%
Total			100	%			0.62	%			0.56	%			0.60	%

Delinquency rates increased mainly from lower flow loans

in-force

as a result of policy cancellations and new delinquencies exceeding cures in the current year.

U.S. Life Insurance segment

COVID-19

The most significant impacts in our U.S. life insurance businesses from

COVID-19

are related to the current low interest rate environment and equity market volatility. Our U.S. life insurance businesses may also be impacted by continued elevated mortality or future changes in morbidity experience. Our long-term care insurance products could be negatively impacted by the current low interest rate environment, particularly as it relates to loss recognition testing and asset adequacy analysis, as well as experiencing further delays in approvals for

in-force

rate actions. These impacts would be partially offset by higher mortality which is favorable to our long-term care insurance products. The low interest rate environment and volatility in equity markets have adversely impacted earnings in our fixed annuity products with limited offsetting benefit from higher mortality. Conversely, higher mortality rates could lower profitability in our life insurance products.

In our long-term care insurance products, we have experienced some degree of higher mortality during

COVID-19

which has had a favorable impact on claim and active policy reserves. Although it is not our practice to track cause of death for policyholders and claimants, we believe the results of our long-term care insurance business were likely impacted by

COVID-19

in the second quarter of 2020. We have experienced lower new claims incidence; however, we do not expect this to be permanent but rather a temporary reduction while

shelter-in-place

and social distancing protocols are in effect. We have temporarily discontinued

in-person

assessments to assess eligibility for benefits, and are utilizing virtual assessments in the interim, with an

in-person

assessment to follow once social distancing protocols are relaxed. For claimants without the technology to perform virtual assessments, we have alternate options for gathering information. Our long-term care insurance benefit utilization will be monitored for impact; although it is too early to tell the magnitude and/or direction of that impact.

Additionally, our U.S. life insurance companies are dependent on the approval of actuarially justified

in-force

rate actions in our long-term care insurance business, including those rate actions which were previously

 

126

---

Table of Contents

filed and are currently pending review and approval. We have experienced some delays and could experience additional delays in receiving approvals of these rate actions during

COVID-19

although we do not expect a significant impact on our financial results during 2020 as a result of these delays.

We continue to provide customer service to our policyholders during this uncertain time and are available to address questions or concerns regarding their policies. We are continually assessing our operational processes and monitoring potential impacts to morbidity due to

COVID-19.

In our U.S life insurance companies, we have complied with guidance issued by certain insurance regulators, such as mandates that policies cannot be lapsed or cancelled if premiums are not paid or requirements to provide extensions of grace periods during the

COVID-19

pandemic. Although most of these mandates have been lifted, we continue to monitor developments related to

COVID-19

such as state directives that are issued during this time and we will comply with any new guidance issued by our state insurance regulators. For statutory reporting, we are currently not required to

non-admit

premium receivables over 90 days if we are in a no lapse mandate through September 29, 2020. We may also seek permitted practices during this time to help our capital position and our ongoing risk-based capital (“RBC”) requirements if

COVID-19

continues for an extended period of time. We have also contacted our reinsurance counterparties to inform them of the actions we have taken in response to state bulletins on extension of grace periods and prohibition of lapsation as well as offering flexibility to our policyholders who are on claim.

We have not experienced a significant impact on our premiums in our U.S. life insurance businesses while there have been premium deferrals/grace period mandates in place in certain states. Given our current ratings, our sales volume is low in our long-term care insurance products. In 2016, we suspended sales of our traditional life insurance and fixed annuity products. For traditional life insurance policies, where regular premiums are typically required, and universal life insurance contracts, where premiums are typically flexible but frequently require minimum premiums to be paid, subject to state mandates for additional grace periods during

COVID-19,

policies follow normal lapse or nonforfeiture options, if the policyholders decided not to pay their premiums. There is no requirement to pay premiums in our fixed annuity contracts and benefits would adjust contractually based on actual premiums paid in these products.

We actively monitor cash and highly liquid investment positions in each of our U.S. life insurance companies against operating targets that are designed to ensure that we will have the cash necessary to meet our obligations as they come due. The targets are set based on stress scenarios that have the effect of increasing our expected cash outflows and decreasing our expected cash inflows. Liquidity risk is assessed by comparing subsidiary cash to potential cash needs under a stressed liquidity scenario. The stressed scenario reflects potential policyholder surrenders, variability of normal operating cash flow and potential increase in collateral requirements under our cleared derivative program.

While the ongoing impact of

COVID-19

is very difficult to predict, the related outcomes and impact on the U.S. life insurance business will depend on the length and severity of the pandemic and shape of the economic recovery. Further declines in interest rates and equity markets as a result of

COVID-19

would increase reserves and capital requirements in our U.S. life insurance business. For sensitivities related to interest rates, lapses and mortality on our U.S. life insurance products, see “Item 7—Management’s Discussion and Analysis—Critical Accounting Estimates” in our 2019 Annual Report on Form

10-K.

We will continue to monitor

COVID-19

impacts and evaluate all of our assumptions that may need updating as a result of longer-term trends related to the pandemic.

Trends and conditions

Results of our U.S. life insurance businesses depend significantly upon the extent to which our actual future experience is consistent with assumptions and methodologies we have used in calculating our reserves. Many factors can affect the results of our U.S. life insurance businesses. Because these factors are not known in

 

127

---

Table of Contents

advance, change over time, are difficult to accurately predict and are inherently uncertain, we cannot determine with precision the ultimate amounts we will pay for actual claims or the timing of those payments. We will continue to monitor our experience and assumptions closely and make changes to our assumptions and methodologies, as appropriate, for our U.S. life insurance products. Even small changes in assumptions or small deviations of actual experience from assumptions can have, and in the past have had, material impacts on our DAC amortization, reserve levels, results of operations and financial condition.

Our liability for policy and contract claims is reviewed quarterly and we conduct a detailed review of our claim reserve assumptions for our long-term care insurance business annually typically during the third or fourth quarter of each year. Our liability for future policy benefits is reviewed at least annually as a part of our loss recognition testing typically performed in the third or fourth quarter of each year. As part of loss recognition testing, we also review the recoverability of DAC and PVFP at least annually. In addition, we perform cash flow testing separately for each of our U.S. life insurance companies on a statutory accounting basis annually. We expect to complete our annual review of long-term care insurance claim reserve assumptions and complete our loss recognition and cash flow testing as well as assumption reviews in the fourth quarter of 2020. Our review of assumptions, as part of our testing in the fourth quarter of 2020, could include expected claim incidence and terminations, benefit utilization, mortality, persistency, interest rates and

in-force

rate actions, among other assumptions. We will be specifically reviewing the basic long-term care insurance incurred but not reported reserve calculation, including the assumptions for new claim counts, against which we have consistently experienced favorable development over the last two years.

Results of our U.S. life insurance businesses are also impacted by interest rates. Low interest rates put pressure on the profitability and returns of these businesses as higher yielding investments mature and are replaced with lower-yielding investments. We seek to manage the impact of low interest rates through asset-liability management as well as interest rate hedging strategies for a portion of our long-term care insurance product cash flows. Additionally, certain products have implicit and explicit rate guarantees or optionality that are significantly impacted by changes in interest rates. For a further discussion of the impact of interest rates on our U.S. life insurance businesses, see “Item 7A—Quantitative and Qualitative Disclosures About Market Risk” in our 2019 Annual Report on Form

10-K.

The RBC of each of our U.S. life insurance subsidiaries exceeded the level of RBC that would require any of them to take or become subject to any corrective action in their respective domiciliary state as of December 31, 2019. However, the RBC ratio of our U.S. life insurance subsidiaries has been negatively impacted over the past few years as a result of statutory losses driven by the declining performance of the business and increases in our statutory reserves, including results of Actuarial Guideline 38, cash flow testing and assumption reviews particularly in our long-term care insurance business. In the first quarter of 2020, low interest rates and equity market volatility negatively impacted our variable annuity products resulting in material statutory reserve increases. However, in the second quarter of 2020, elevated mortality in our long-term care insurance business and partial equity market recovery impacts on our variable annuity products favorably impacted our statutory capital and surplus. Any future statutory losses would decrease the RBC ratio of our U.S. life insurance subsidiaries. We continue to face challenges in our principal life insurance subsidiaries, particularly those subsidiaries that rely heavily on

in-force

rate actions as a source of earnings and capital. We may see variability in statutory results and a further decline in the RBC ratios of these subsidiaries given the time lag between the approval of

in-force

rate actions versus when the benefits from the

in-force

rate actions (including increased premiums and associated benefit reductions) are fully realized in our financial results. Further declines in the RBC ratio of our life insurance subsidiaries could result in heightened supervision and regulatory action.

Long-term care insurance

The long-term profitability of our long-term care insurance business depends upon how our actual experience compares with our valuation assumptions, including but not limited to morbidity, mortality and persistency. If any of our assumptions prove to be inaccurate, our reserves may be inadequate, which in the past

 

128

---

Table of Contents

has had, and may in the future have, a material adverse effect on our results of operations, financial condition and business. Results of our long-term care insurance business are also influenced by our ability to achieve

in-force

rate actions, improve investment yields and manage expenses and reinsurance, among other factors. Changes in regulations or government programs, including long-term care insurance rate action legislation, regulation and/or practices, could also impact our long-term care insurance business either positively or negatively.

Our assumptions are sensitive to slight variability in actual experience and small changes in assumptions could result in decreases in the margin of our long-term care insurance blocks to at/or below zero in future years. To the extent, based on reviews, the margin of our long-term care insurance block, excluding the acquired block, is negative, we would be required to recognize a loss, by amortizing more DAC and/or establishing additional benefit reserves. For our acquired block of long-term care insurance, the impacts of adverse changes in assumptions would also be reflected as a loss if our margin for this block is reduced below zero by establishing additional benefit reserves. A significant decrease in our loss recognition testing margin of our long-term care insurance blocks could have a material adverse effect on our business, results of operations and financial condition.

As a result of the review of our claim reserves completed in prior years, we have been establishing higher claim reserves on new claims, which has negatively impacted earnings and we expect this to continue going forward. Also, average claim reserves for new claims are trending higher over time as the mix of claims continues to evolve, with an increasing number of policies with higher daily benefit amounts and higher inflation factors going on claim. In addition, although new claim counts on our older long-term care insurance blocks of business will continue to decrease as the blocks run off, we are gaining more experience on our larger new blocks of business and expect continued growth in new claims on these blocks as policyholders reach older attained ages with higher likelihood of going on claim.

Given the ongoing challenges in our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business including: premium rate increases and associated benefit reductions on our

in-force

policies; managing expense levels; executing investment strategies targeting higher returns; and enhancing our financial and actuarial analytical capabilities. Executing on our multi-year long-term care insurance

in-force

rate action plan with premium rate increases and associated benefit reductions on our legacy long-term care insurance policies is critical to the business. For an update on

in-force

rate actions, refer to “Significant Developments—U.S. Life Insurance.” As of June 30, 2020, we have suspended sales in Hawaii, Massachusetts, New Hampshire, Vermont and Montana, and will consider taking similar actions in the future in other states where we are unable to obtain satisfactory rate increases on

in-force

policies. We will also consider litigation against states that decline actuarially justified rate increases. As of June 30, 2020, we were in litigation with one state that has refused to approve actuarially justified rate increases.

The approval process for

in-force

rate actions and the amount and timing of the premium rate increases and associated benefit reductions approved vary by state. In certain states, the decision to approve or disapprove a rate increase can take a significant amount of time, and the approved amount may be phased in over time. After approval, insureds are provided with written notice of the increase and increases are generally applied on the insured’s next policy anniversary date. As a result, the benefits of any rate increase are not fully realized until the implementation cycle is complete and are, therefore, expected to be realized over time.

We also manage risk and capital allocated to our long-term care insurance business through utilization of external reinsurance in the form of coinsurance. We executed external reinsurance agreements to reinsure 20% of all sales of our individual long-term care insurance products that have been introduced since early 2013. External new business reinsurance is dependent on a number of factors, including price, availability, risk tolerance and capital levels. Over time, there can be no assurance that affordable, or any, reinsurance will continue to be available. We also have external reinsurance on some older blocks of business which includes a treaty on a yearly renewable term basis on business that was written between 1998 and 2003. This yearly renewable term reinsurance provides coverage for claims on those policies for 15 years after the policy was written. After

 

129

---

Table of Contents

15 years, reinsurance coverage ends for policies not on claim, while reinsurance coverage continues for policies on claim until the claim ends. The

15-year

coverage on the policies written in 2003 expired in 2018; therefore, any new claims will not have reinsurance coverage under this treaty. Since 2013, we have seen, and may continue to see, an increase in our benefit costs as policies with reinsurance coverage exhaust their benefits or terminate and policies which are not covered by reinsurance go on claim.

Life insurance

Results of our life insurance business are impacted primarily by mortality, persistency, investment yields, expenses, reinsurance and statutory reserve requirements, among other factors. We no longer solicit sales of traditional life insurance products; however, we continue to service our existing retained and reinsured blocks of business.

Mortality levels may deviate each period from historical trends. Overall mortality experience was higher for the three months ended June 30, 2020 compared to three months ended June 30, 2019, attributable in part to

COVID-19.

We have experienced higher mortality than our then-current and

priced-for

assumptions in recent years for our universal life insurance blocks. We have also been experiencing higher mortality related charges resulting from an increase in rates charged by our reinsurance partners reflecting natural block aging and higher mortality compared to expectations.

In the fourth quarter of 2019, we performed our annual review of life insurance assumptions and completed our loss recognition testing. Our review focused on assumptions for mortality, particularly for our conversion products, persistency and interest rates, among other assumptions. As part of our review in the fourth quarter of 2019, we recorded $107 million of

after-tax

charges in our universal and term universal life insurance products primarily from assumption changes related to the lower interest rate environment.

We also updated mortality assumptions for certain universal and term universal life insurance products as well as our term life insurance products in the fourth quarter of 2019. Our mortality experience for older ages and late-duration premium periods and conversion products is emerging. Assumption changes in our term life insurance products focused on mortality improvements during the post-level premium period based on observed trends in emerging experience. This change to the mortality assumption increased the loss recognition testing margin in our term life insurance products. We will continue to regularly review our mortality assumptions as well as all of our other assumptions in light of emerging experience. We may be required to make further adjustments in the future to our assumptions which could impact our universal and term universal life insurance reserves or our loss recognition testing results of our term life insurance products. Any further materially adverse changes to our assumptions, including mortality or interest rates, could have a materially negative impact on our results of operations, financial condition and business.

Compared to 1998 and prior years, we had a significant increase in term life insurance sales, between 1999 and 2009, particularly in 1999 and 2000. The blocks of business issued since 2000 vary in size as compared to the large 1999 and 2000 blocks of business. As our large

10-

and

15-year

level premium period term life insurance policies written in 1999 and 2000 transitioned to their post-level guaranteed premium rate period, we experienced lower persistency compared to our pricing and valuation assumptions which accelerated DAC amortization in previous years. As our large

20-year

level premium period business written in 1999 entered its post-level period, we experienced higher lapses resulting in accelerated DAC amortization in 2019. This trend continued in the first quarter of 2020 for the 1999 block, as it reached the end of its level premium period. Additionally, we expect similar experience with the

20-year

level premium period business written in 2000 as it enters its post-level period during 2020 and into 2021. In the future, as additional

10-,

15-

and

20-year

level premium period blocks enter their post-level guaranteed premium rate period, we expect to experience volatility in DAC amortization, premiums and mortality experience, which we expect to reduce profitability in our term life insurance products, in amounts that could be material, if persistency is lower than our original assumptions as experience has emerged on earlier blocks. Additionally, the extension of grace periods or no lapsation mandated

 

130

---

Table of Contents

by state regulators during

COVID-19

has impacted the timing and level of lapses for these blocks of business. We have taken actions to mitigate potentially unfavorable impacts through the use of reinsurance, particularly for certain term life insurance policies issued between 2001 and 2004.

We began selling term universal life insurance in late 2009, with sales peaking in 2011 prior to discontinuing sales of the product in 2012. We priced these products assuming high lapses upon expiration of the level premium period and we continue to expect those higher lapses. As our

10-year

level premium period term universal life insurance policies written in 2009 and 2010 enter their post-level premium period, we will record higher reserves during the premium grace period and will release the reserves when the policies lapse. We expect further reserve increases in these blocks through 2020 and into 2021 until the number of policies exiting the grace period exceeds the number of policies entering the post-level guaranteed premium rate period. The extension of grace periods and reinstatements mandated by state regulators during

COVID-19

have temporarily increased the level of reserves held for these blocks of business.

Fixed annuities

Results of our fixed annuities business are affected primarily by investment performance, interest rate levels, the slope of the interest rate yield curve, net interest spreads, equity market conditions, mortality, persistency and expense and commission levels. We no longer solicit sales of traditional fixed annuity products; however, we continue to service our existing retained and reinsured blocks of business.

We monitor and change crediting rates on fixed annuities on a regular basis to maintain spreads and targeted returns, if applicable. However, if interest rates remain at current levels or decrease, we could see declines in spreads which impact the margins on our products, particularly our fixed immediate annuity products. Due to the premium deficiency that existed in 2016, we continue to monitor our fixed immediate annuity products more frequently than annually and recorded additional charges to net income during 2019. If investment performance deteriorates or interest rates decrease or remain at the current levels for an extended period of time, we could incur additional charges in the future. The impacts of future adverse changes in our assumptions could result in the establishment of additional future policy benefit reserves and would be immediately reflected as a loss if our margin for this block is again reduced below zero. Any favorable variation would result in additional margin but no immediate benefit to income and would result in higher income recognition over the remaining duration of the

in-force

block.

For fixed indexed annuities, equity market performance and volatility could also result in additional gains or losses, although associated hedging activities are expected to partially mitigate these impacts.

 

131

---

Table of Contents

Segment results of operations

Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019

The following table sets forth the results of operations relating to our U.S. Life Insurance segment for the periods indicated:

 

										Increase
										(decrease) and
		Three months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	712			$	713			$	(1	)			—	%
Net investment income			692				724				(32	)			(4	)%
Net investment gains (losses)			118				(36	)			154				NM	(1)
Policy fees and other income			142				187				(45	)			(24	)%
Total revenues			1,664				1,588				76				5	%
Benefits and expenses:
Benefits and other changes in policy reserves			1,213				1,211				2				—	%
Interest credited			97				106				(9	)			(8	)%
Acquisition and operating expenses, net of deferrals			147				142				5				4	%
Amortization of deferred acquisition costs and intangibles			83				67				16				24	%
Interest expense			—				4				(4	)			(100	)%
Total benefits and expenses			1,540				1,530				10				1	%
Income from continuing operations before income taxes			124				58				66				114	%
Provision for income taxes			33				19				14				74	%
Income from continuing operations			91				39				52				133	%
Adjustments to income from continuing operations:
Net investment (gains) losses, net (2)			(121	)			35				(156	)			NM	(1)
Expenses related to restructuring			—				(1	)			1				100	%
Taxes on adjustments			25				(7	)			32				NM	(1)
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(5	)		$	66			$	(71	)			(108	)%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

(2)	For the three months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(3) million and $(1) million, respectively.

 

132

---

Table of Contents

The following table sets forth adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for the businesses included in our U.S. Life Insurance segment for the periods indicated:

 

										Increase
										(decrease) and
		Three months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders:
Long-term care insurance		$	48			$	37			$	11				30	%
Life insurance			(81	)			10				(91	)			NM	(1)
Fixed annuities			28				19				9				47	%
Total adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(5	)		$	66			$	(71	)			(108	)%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders

 

•

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders in our long-term care insurance business increased $11 million primarily due to an increase in claim and policy terminations driven mostly by higher mortality in the current year and from favorable development on prior year incurred but not reported claims. The increase was also attributable to higher premiums in the current year from in-force rate actions approved and implemented. These increases were partially offset by higher frequency and severity of new claims in the current year.

 

•

Our life insurance business had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $81 million in the current year compared to adjusting operating income of $10 million in the prior year. The decrease from income in the prior year to a loss in the current year was mainly attributable to higher lapses primarily associated with our large 20-year term life insurance block entering its post-level premium period, higher reserves in our 10-year term universal life insurance block entering its post-level premium period during the premium grace period and higher mortality in our universal life insurance products in the current year. The prior year also included a reinsurance correction and refinement resulting in a net favorable impact of $17 million.

 

•

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders in our fixed annuities business increased $9 million predominantly from favorable reserve changes and DAC amortization in fixed annuities products driven by favorable equity market changes in the current year and higher mortality in our single premium immediate annuity products. These increases were partially offset by lower net spreads and higher lapses in the current year. The prior year also included $4 million of unfavorable charges in connection with loss recognition testing in our single premium immediate annuity products that did not recur.

Revenues

Premiums

 

•

Our long-term care insurance business increased $9 million largely from $31 million of increased premiums in the current year from in-force rate actions approved and implemented, partially offset by policy terminations and policies entering paid-up status in the current year.

 

•

Our life insurance business decreased $10 million mainly attributable to the continued runoff of our term life insurance products in the current year.

 

133

---

Table of Contents

Net investment income

 

•

Our long-term care insurance business decreased $6 million largely from a loss on U.S. Government Treasury Inflation Protected securities in the current year compared to income in the prior year, partially offset by an increase in average invested assets and higher limited partnership income in the current year.

 

•

Our fixed annuities business decreased $23 million largely attributable to lower average invested assets due to block runoff and lower limited partnership income in the current year.

Net investment gains (losses)

 

•

The change to net investment gains in the current year in our long-term care insurance business from net investment losses in the prior year was primarily related to net gains from the sale of investment securities in the current year compared to net losses in the prior year. The change was also attributable to unrealized gains from changes in the fair value of equity securities in the current year compared to unrealized losses in the prior year.

 

•

Our life insurance business had net investment gains of $5 million in the current year compared to net investment losses of $3 million in the prior year. The change to net investment gains in the current year from net investment losses in the prior year was largely the result of net gains from sale of investment securities in the current year compared to net losses in the prior year.

Policy fees and other income.

The decrease was attributable to our life insurance business primarily driven by a $21 million favorable correction related to ceded premiums on universal life insurance policies in the prior year that did not recur. The decrease was also attributable to a decline in our universal and term universal life insurance

in-force

and higher ceded reinsurance costs in the current year.

Benefits and expenses

Benefits and other changes in policy reserves

 

•

Our long-term care insurance business decreased $20 million primarily due to an increase in claim and policy terminations driven mostly by higher mortality in the current year and from favorable development on prior year incurred but not reported claims. Given the lower new claim counts submitted during COVID-19, incurred but not reported reserves were strengthened by $37 million reflecting our assumption that new claim incidence during this period will ultimately return to normal levels, partially offsetting the favorable development on incurred but not reported claims. These decreases were partially offset by aging of the in-force block (including higher frequency of new claims), higher incremental reserves of $43 million recorded in connection with an accrual for profits followed by losses and higher severity of new claims in the current year. The decrease was also partially offset by $15 million of a less favorable impact from reduced benefits in the current year related to in-force rate actions approved and implemented.

 

•

Our life insurance business increased $45 million primarily attributable to higher reserves in our 10-year term universal life insurance block entering its post-level premium period during the premium grace period and from higher mortality in our universal life insurance products in the current year compared to the prior year attributable in part to COVID-19.

 

•

Our fixed annuities business decreased $23 million principally from favorable reserve changes in fixed indexed annuities driven by favorable equity market changes in the current year and higher mortality in our single premium immediate annuity products. The prior year also included $5 million of higher reserves associated with loss recognition testing in our single premium immediate annuity products that did not recur.

 

134

---

Table of Contents

Interest credited.

The decrease in interest credited was related to our fixed annuities business largely driven by a decline in the average account value in the current year.

Amortization of deferred acquisition costs and intangibles

 

•

Our long-term care insurance business decreased $5 million primarily related to higher persistency on policies that are not on active claim.

 

•

Our life insurance business increased $25 million principally from higher lapses primarily associated with our large 20-year term life insurance block entering its post-level premium period, higher amortization primarily reflecting our updated assumptions from our annual review completed in the fourth quarter of 2019 and higher reinsurance rates.

 

•

Our fixed annuities business decreased $4 million largely related to favorable equity market changes, partially offset by higher lapses in the current year.

Interest expense.

The decrease in interest expense was due to our life insurance business principally related to the early redemption of

non-recourse

funding obligations in the current year.

Provision for income taxes.

The effective tax rate was 26.7% and 31.9% for the three months ended June 30, 2020 and 2019, respectively. The decrease in the effective tax rate is primarily attributable to higher expense in our long-term care insurance business related to gains on forward starting swaps settled prior to the enactment of the TCJA in relation to higher

pre-tax

income in the current year.

 

135

---

Table of Contents

Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019

The following table sets forth the results of operations relating to our U.S. Life Insurance segment for the periods indicated:

 

										Increase
										(decrease) and
		Six months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	1,430			$	1,422			$	8				1	%
Net investment income			1,387				1,425				(38	)			(3	)%
Net investment gains (losses)			48				48				—				—	%
Policy fees and other income			286				338				(52	)			(15	)%
Total revenues			3,151				3,233				(82	)			(3	)%
Benefits and expenses:
Benefits and other changes in policy reserves			2,510				2,447				63				3	%
Interest credited			197				212				(15	)			(7	)%
Acquisition and operating expenses, net of deferrals			298				290				8				3	%
Amortization of deferred acquisition costs and intangibles			170				133				37				28	%
Interest expense			5				9				(4	)			(44	)%
Total benefits and expenses			3,180				3,091				89				3	%
Income (loss) from continuing operations before income taxes			(29	)			142				(171	)			(120	)%
Provision for income taxes			6				43				(37	)			(86	)%
Income (loss) from continuing operations			(35	)			99				(134	)			(135	)%
Adjustments to income (loss) from continuing operations:
Net investment (gains) losses, net (2)			(54	)			(51	)			(3	)			(6	)%
(Gains) losses on early extinguishment of debt			4				—				4				NM	(1)
Expenses related to restructuring			—				3				(3	)			(100	)%
Taxes on adjustments			10				10				—				—	%
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(75	)		$	61			$	(136	)			NM	(1)

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

(2)	For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(6) million and $(3) million, respectively.

 

136

---

Table of Contents

The following table sets forth adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for the businesses included in our U.S. Life Insurance segment for the periods indicated:

 

										Increase
										(decrease) and
		Six months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders:
Long-term care insurance		$	49			$	17			$	32				188	%
Life insurance			(158	)			8				(166	)			NM	(1)
Fixed annuities			34				36				(2	)			(6	)%
Total adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(75	)		$	61			$	(136	)			NM	(1)

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders

 

•

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders in our long-term care insurance business increased $32 million primarily from an increase in claim and policy terminations driven mostly by higher mortality in the current year, $63 million of higher premiums and reduced benefits in the current year from in-force rate actions approved and implemented and from continued favorable development on prior year incurred but not reported claims. These increases were partially offset by higher frequency and severity of new claims in the current year.

 

•

Our life insurance business had an adjusted operating loss available to Genworth Financial, Inc.’s common stockholders of $158 million in the current year compared to adjusted operating income available to Genworth Financial, Inc.’s common stockholders of $8 million in the prior year. The decrease to a loss in the current year from income in the prior year was predominantly attributable to higher reserves in our 10-year term universal life insurance block entering its post-level premium period during the premium grace period, higher mortality in our universal and term life insurance products in the current year compared to the prior year and higher lapses primarily associated with our large 20-year term life insurance block entering its post-level premium period. The prior year also included a reinsurance correction and refinement resulting in a net favorable impact of $17 million.

 

•

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders in our fixed annuities business decreased $2 million predominantly from a decrease in net spreads due to the runoff of the block, partially offset by $17 million of unfavorable charges in connection with loss recognition testing in our single premium immediate annuity products in the prior year that did not recur.

Revenues

Premiums

 

•

Our long-term care insurance business increased $23 million largely from $65 million of increased premiums in the current year from in-force rate actions approved and implemented, partially offset by policy terminations and policies entering paid-up status in the current year.

 

•

Our life insurance business decreased $15 million mainly attributable to the continued runoff of our term life insurance products in the current year.

 

137

---

Table of Contents

Net investment income

 

•

Our long-term care insurance business increased $7 million largely from higher average invested assets, partially offset by lower income on U.S. Government Treasury Inflation Protected securities and limited partnerships in the current year.

 

•

Our life insurance business decreased $6 million principally related to lower average invested assets in the current year.

 

•

Our fixed annuities business decreased $39 million largely attributable to lower average invested assets due to block runoff and lower limited partnership income in the current year.

Net investment gains (losses)

 

•

Net investment gains in our long-term care insurance business increased $9 million predominantly from higher net gains from the sale of investment securities, partially offset by unrealized losses from changes in the fair value of equity securities in the current year compared to unrealized gains in the prior year.

 

•

Net investment losses in our fixed annuities business increased $8 million primarily related derivative losses in the current year compared to derivative gains in the prior year. The increase was partially offset by lower losses on embedded derivatives related to our fixed indexed annuity products in the current year.

Policy fees and other income.

The decrease was attributable to our life insurance business primarily driven by a $21 million favorable correction related to ceded premiums on universal life insurance policies in the prior year that did not recur. The decrease was also attributable to a decline in our universal and term universal life insurance

in-force

and higher ceded reinsurance costs in the current year.

Benefits and expenses

Benefits and other changes in policy reserves

 

•

Our long-term care insurance business decreased $19 million primarily due to an increase in claim and policy terminations driven mostly by higher mortality, a higher favorable impact of $19 million from reduced benefits in the current year related to in-force rate actions approved and implemented, a favorable impact from benefit utilization rate updates in the current year compared to an unfavorable impact in the prior year and favorable development on prior year incurred but not reported claims. Given the lower new claim counts submitted during COVID-19, incurred but not reported reserves were strengthened by $37 million reflecting our assumption that new claim incidence during this period will ultimately return to normal levels, partially offsetting the favorable development on incurred but not reported claims. These decreases were partially offset by aging of the in-force block (including higher frequency of new claims), higher incremental reserves of $82 million recorded in connection with an accrual for profits followed by losses and higher severity of new claims in the current year.

 

•

Our life insurance business increased $105 million primarily attributable to higher reserves in our 10-year term universal life insurance block entering its post-level premium period during the premium grace period and from higher mortality in our universal and term life insurance products in the current year compared to the prior year attributable in part to COVID-19.

 

•

Our fixed annuities business decreased $23 million principally from $22 million of unfavorable charges in connection with loss recognition testing in our single premium immediate annuity products in the prior year that did not recur.

Interest credited

. The decrease in interest credited was related to our fixed annuities business largely driven by a decline in the average account value in the current year.

 

138

---

Table of Contents

Amortization of deferred acquisition costs and intangibles

 

•

Our long-term care insurance business decreased $6 million primarily related to higher persistency on policies that are not on active claim.

 

•

Our life insurance business increased $42 million principally from higher lapses primarily associated with our large 20-year term life insurance block entering its post-level premium period in the current year and higher reinsurance rates.

Interest expense.

The decrease in interest expense was due to our life insurance business principally related to the early redemption of

non-recourse

funding obligations, partially offset by the

write-off

of $4 million in deferred borrowing costs in the current year.

Provision for income taxes.

The effective tax rate was (20.4)% and 29.9% for the six months ended June 30, 2020 and 2019, respectively. The decrease in the effective tax rate is primarily attributable to higher expense in our long-term care insurance business related to gains on forward starting swaps settled prior to the enactment of the TCJA in relation to a

pre-tax

loss in the current year.

U.S. Life Insurance selected operating performance measures

Long-term care insurance

The following table sets forth selected operating performance measures regarding our long-term care insurance business for the dates indicated:

 

										Increase																Increase
										(decrease) and																(decrease) and
		Three months ended								percentage								Six months ended								percentage
		June 30,								change								June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019								2020				2019				2020 vs. 2019
Net earned premiums:
Individual long-term care insurance		$	618			$	610			$	8				1	%		$	1,229			$	1,209			$	20				2	%
Group long-term care insurance			31				30				1				3	%			62				59				3				5	%
Total		$	649			$	640			$	9				1	%		$	1,291			$	1,268			$	23				2	%
Loss ratio			69	%			74	%			(5	)%							74	%			78	%			(4	)%

The loss ratio is the ratio of benefits and other changes in reserves less tabular interest on reserves less loss adjustment expenses to net earned premiums.

Net earned premiums increased for the three and six months ended June 30, 2020 largely from $31 million and $65 million, respectively, of increased premiums from

in-force

rate actions approved and implemented, partially offset by policy terminations and policies entering

paid-up

status in the current year.

The loss ratio decreased for the three and six months ended June 30, 2020 due to the increase in premiums and lower benefits and other changes in reserves as discussed above.

 

139

---

Table of Contents

Life insurance

The following tables set forth selected operating performance measures regarding our life insurance business as of or for the dates indicated:

 

										Increase																Increase
										(decrease) and																(decrease) and
		Three months								percentage								Six months								percentage
		ended June 30,								change								ended June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019								2020				2019				2020 vs. 2019
Term and whole life insurance
Net earned premiums		$	63			$	73			$	(10	)			(14	)%		$	139			$	154			$	(15	)			(10	)%
Term universal life insurance
Net deposits		$	57			$	59			$	(2	)			(3	)%		$	113			$	117			$	(4	)			(3	)%
Universal life insurance
Net deposits		$	65			$	141			$	(76	)			(54	)%		$	136			$	217			$	(81	)			(37	)%
Total life insurance
Net earned premiums and deposits		$	185			$	273			$	(88	)			(32	)%		$	388			$	488			$	(100	)			(20	)%

 

										Percentage
		As of June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Term and whole life insurance
Life insurance in-force, net of reinsurance		$	69,969			$	91,386				(23	)%
Life insurance in-force before reinsurance		$	379,972			$	419,246				(9	)%
Term universal life insurance
Life insurance in-force, net of reinsurance		$	110,705			$	114,214				(3	)%
Life insurance in-force before reinsurance		$	111,465			$	114,999				(3	)%
Universal life insurance
Life insurance in-force, net of reinsurance		$	33,212			$	34,581				(4	)%
Life insurance in-force before reinsurance		$	37,753			$	39,357				(4	)%
Total life insurance
Life insurance in-force, net of reinsurance		$	213,886			$	240,181				(11	)%
Life insurance in-force before reinsurance		$	529,190			$	573,602				(8	)%

We no longer solicit sales of our traditional life insurance products; however, we continue to service our existing blocks of business.

Term and whole life insurance

Net earned premiums decreased mainly attributable to the continued runoff of our term life insurance products in the current year. Life insurance

in-force

also decreased as a result of the continued runoff of our term life insurance products in the current year, including higher lapses primarily associated with a large

20-year

term life insurance block entering its post-level premium period.

Universal life insurance

Net deposits decreased for the three and six months ended June 30, 2020 principally from $50 million of funding agreements issued with the Federal Home Loan Bank (“FHLB”) of Atlanta in the prior year that did not recur, lower renewals in the current year and from the continued runoff of our

in-force

block.

 

140

---

Table of Contents

Fixed annuities

The following table sets forth selected operating performance measures regarding our fixed annuities business as of or for the dates indicated:

 

		As of or for the three								As of or for the six
		months ended June 30,								months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Account value, beginning of period		$	12,487			$	14,109			$	13,023			$	14,348
Premiums and deposits			17				16				39				45
Surrenders, benefits and product charges			(375	)			(486	)			(842	)			(1,002	)
Net flows			(358	)			(470	)			(803	)			(957	)
Interest credited and investment performance			134				119				195				261
Effect of accumulated net unrealized investment gains (losses)			(7	)			117				(159	)			223
Account value, end of period		$	12,256			$	13,875			$	12,256			$	13,875

We no longer solicit sales of our traditional fixed annuity products; however, we continue to service our existing block of business.

Account value decreased compared to March 31, 2020 and December 31, 2019 as surrenders, benefits and net unrealized investment losses exceeded interest credited.

Runoff segment

COVID-19

Similar to our U.S. life insurance businesses, the most significant impacts from

COVID-19

in our Runoff segment are related to the current low interest rate environment and volatile equity markets. The low interest rate environment and volatile equity markets have adversely impacted earnings in our variable annuity products.

While certain states currently have mandates in place that policies cannot be lapsed, we have not experienced a significant impact on our Runoff segment. Our variable annuity, variable life insurance and corporate-owned life insurance products have not been actively sold since 2011. There is no requirement to pay premiums in the majority of our variable annuity contracts and benefits would adjust contractually based on actual premiums paid in these products.

While the ongoing impact of

COVID-19

is very difficult to predict, the related outcomes and impact on our Runoff segment will depend on the length and severity of the pandemic and shape of the economic recovery. We could see additional losses and declines in statutory risk-based capital driven by increases to the required capital supporting our variable annuity products, as a result of the decline in equity markets and low interest rates. For a further discussion of the impact of interest rates, see “Item 7A—Quantitative and Qualitative Disclosures About Market Risk” in our 2019 Annual Report on Form

10-K.

Trends and conditions

Results of our Runoff segment are affected primarily by investment performance, interest rate levels, net interest spreads, equity market conditions, mortality, surrenders and scheduled maturities. In addition, the results of our Runoff segment can significantly impact our regulatory capital requirements, distributable earnings and liquidity. We use hedging strategies as well as liquidity planning and asset-liability management to help mitigate the impacts. In addition, we may consider reinsurance opportunities to further mitigate volatility in results and manage capital in the future.

 

141

---

Table of Contents

Equity market volatility and interest rate movements have caused fluctuations in the results of our variable annuity products and regulatory capital requirements. In the future, equity and interest rate market performance and volatility could result in additional gains or losses in these products although associated hedging activities are expected to partially mitigate these impacts.

Segment results of operations

Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019

The following table sets forth the results of operations relating to our Runoff segment for the periods indicated:

 

										Increase
										(decrease) and
		Three months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Net investment income		$	54			$	47			$	7				15	%
Net investment gains (losses)			4				(4	)			8				200	%
Policy fees and other income			32				35				(3	)			(9	)%
Total revenues			90				78				12				15	%
Benefits and expenses:
Benefits and other changes in policy reserves			4				13				(9	)			(69	)%
Interest credited			42				40				2				5	%
Acquisition and operating expenses, net of deferrals			11				13				(2	)			(15	)%
Amortization of deferred acquisition costs and intangibles			(1	)			4				(5	)			(125	)%
Total benefits and expenses			56				70				(14	)			(20	)%
Income from continuing operations before income taxes			34				8				26				NM	(1)
Provision for income taxes			6				1				5				NM	(1)
Income from continuing operations			28				7				21				NM	(1)
Adjustments to income from continuing operations:
Net investment (gains) losses, net (2)			(5	)			2				(7	)			NM	(1)
Taxes on adjustments			1				—				1				NM	(1)
Adjusted operating income available to Genworth Financial, Inc.’s common stockholders		$	24			$	9			$	15				167	%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

(2)	For the three months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(1) million and $(2) million, respectively.

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders increased predominantly from favorable equity market performance in the current year.

Revenues

Net investment income increased mainly driven by higher policy loan income in our corporate-owned life insurance products and higher average invested assets in the variable annuity products in the current year.

 

142

---

Table of Contents

The change to net investment gains in the current year from net investment losses in the prior year was mainly driven by gains on embedded derivatives associated with our variable annuity products with guaranteed minimum withdrawal benefits (“GMWBs”) in the current year compared to losses in the prior year, partially offset by derivative losses in the current year compared to derivative gains in the prior year.

Benefits and expenses

Benefits and other changes in policy reserves decreased primarily attributable to lower GMDB reserves in our variable annuity products due to favorable equity market performance in the current year.

Amortization of deferred acquisition costs and intangibles decreased mainly related to lower DAC amortization in our variable annuity products principally due to favorable equity market performance in the current year.

Provision for income taxes

. The effective tax rate was 19.9% and 15.8% for the three months ended June 30, 2020 and 2019, respectively. The increase was primarily due to benefits on tax favored items in relation to higher

pre-tax

income in the current year.

Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019

The following table sets forth the results of operations relating to our Runoff segment for the periods indicated:

 

										Increase
										(decrease) and
		Six months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Net investment income		$	103			$	94			$	9				10	%
Net investment gains (losses)			(71	)			(4	)			(67	)			NM	(1)
Policy fees and other income			65				70				(5	)			(7	)%
Total revenues			97				160				(63	)			(39	)%
Benefits and expenses:
Benefits and other changes in policy reserves			24				14				10				71	%
Interest credited			83				81				2				2	%
Acquisition and operating expenses, net of deferrals			24				26				(2	)			(8	)%
Amortization of deferred acquisition costs and intangibles			16				6				10				167	%
Total benefits and expenses			147				127				20				16	%
Income (loss) from continuing operations before income taxes			(50	)			33				(83	)			NM	(1)
Provision (benefit) for income taxes			(12	)			6				(18	)			NM	(1)
Income (loss) from continuing operations			(38	)			27				(65	)			NM	(1)
Adjustments to income (loss) from continuing operations:
Net investment (gains) losses, net (2)			62				2				60				NM	(1)
Taxes on adjustments			(13	)			—				(13	)			NM	(1)
Adjusted operating income available to Genworth Financial, Inc.’s common stockholders		$	11			$	29			$	(18	)			(62	)%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

(2)	For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(9) million and $(2) million, respectively.

 

143

---

Table of Contents

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders

Adjusted operating income available to Genworth Financial, Inc.’s common stockholders decreased predominantly from the decline in equity markets and interest rates in the current year.

Revenues

Net investment income increased primarily driven by higher policy loan income in our corporate-owned life insurance products and higher average invested assets in the variable annuity products in the current year.

Net investment losses increased largely related to losses on embedded derivatives associated with our variable annuity products with GMWBs in the current year compared to gains in the prior year, partially offset by derivative gains in the current year compared to derivative losses in the prior year.

Benefits and expenses

Benefits and other changes in policy reserves increased primarily attributable to higher GMDB reserves in our variable annuity products due to unfavorable equity market performance in the current year.

Amortization of deferred acquisition costs and intangibles increased mainly related to higher DAC amortization in our variable annuity products principally from unfavorable equity market performance in the current year.

Provision (benefit) for income taxes

. The effective tax rate was 23.4% and 18.4% for the six months ended June 30, 2020 and 2019, respectively. The increase is primarily attributable to benefits on tax favored items in relation to a

pre-tax

loss in the current year.

Runoff selected operating performance measures

Variable annuity and variable life insurance products

The following table sets forth selected operating performance measures regarding our variable annuity and variable life insurance products as of or for the dates indicated:

 

		As of or for the three								As of or for the six
		months ended June 30,								months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Account value, beginning of period		$	4,521			$	5,113			$	5,042			$	4,918
Deposits			6				6				10				13
Surrenders, benefits and product charges			(122	)			(158	)			(288	)			(319	)
Net flows			(116	)			(152	)			(278	)			(306	)
Interest credited and investment performance			377				160				18				509
Account value, end of period		$	4,782			$	5,121			$	4,782			$	5,121

We no longer solicit sales of our variable annuity or variable life insurance products, however, we continue to service our existing blocks of business and accept additional deposits on existing contracts and policies.

Account value increased compared to March 31, 2020 primarily related to favorable equity market performance and decreased compared to December 31, 2019 primarily related to unfavorable equity market performance and surrenders in the current year.

 

144

---

Table of Contents

Institutional products

The following table sets forth selected operating performance measures regarding our institutional products as of or for the dates indicated:

 

		As of or for the three								As of or for the six
		months ended June 30,								months ended June 30,
(Amounts in millions)		2020				2019				2020				2019
Funding Agreements
Account value, beginning of period		$	253			$	305			$	253			$	381
Deposits			150				—				150				—
Surrenders and benefits			(51	)			(2	)			(52	)			(80	)
Net flows			99				(2	)			98				(80	)
Interest credited			1				2				2				4
Account value, end of period		$	353			$	305			$	353			$	305

Account value related to our institutional products increased compared to March 31, 2020 and December 31, 2019 mainly attributable to higher deposits from issuing funding agreements for asset-liability management and yield enhancement, partially offset by surrenders and benefit payments in the current year.

Corporate and Other Activities

Results of operations

Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019

The following table sets forth the results of operations relating to Corporate and Other activities for the periods indicated:

 

										Increase
										(decrease) and
		Three months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	2			$	2			$	—				—	%
Net investment income			1				2				(1	)			(50	)%
Net investment gains (losses)			(28	)			(7	)			(21	)			NM	(1)
Policy fees and other income			(1	)			—				(1	)			NM	(1)
Total revenues			(26	)			(3	)			(23	)			NM	(1)
Benefits and expenses:
Benefits and other changes in policy reserves			2				1				1				100	%
Acquisition and operating expenses, net of deferrals			—				13				(13	)			(100	)%
Amortization of deferred acquisition costs and intangibles			1				—				1				NM	(1)
Interest expense			42				54				(12	)			(22	)%
Total benefits and expenses			45				68				(23	)			(34	)%
Loss from continuing operations before income taxes			(71	)			(71	)			—				—	%
Benefit for income taxes			(12	)			(7	)			(5	)			(71	)%
Loss from continuing operations			(59	)			(64	)			5				8	%
Adjustments to loss from continuing operations:
Net investment (gains) losses			28				7				21				NM	(1)
(Gains) losses on early extinguishment of debt			(3	)			—				(3	)			NM	(1)
Expenses related to restructuring			1				1				—				—	%
Taxes on adjustments			(5	)			(1	)			(4	)			NM	(1)
Adjusted operating loss available to Genworth Financial, Inc.’s common stockholders		$	(38	)		$	(57	)		$	19				33	%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

 

145

---

Table of Contents

Adjusted operating loss available to Genworth Financial, Inc.’s common stockholders

The adjusted operating loss available to Genworth Financial, Inc.’s common stockholders decreased primarily related to lower operating expenses and lower interest expense in the current year.

Revenues

Net investment losses increased primarily from higher derivative losses in the current year.

Benefits and expenses

Acquisition and operating expenses, net of deferrals, decreased mainly driven by lower employee-related and operating expenses, as well as a $3 million gain related to a repurchase of Genworth Holdings’ senior notes originally scheduled to mature in 2021.

Interest expense decreased largely driven by the early redemption of Genworth Holdings’ senior notes originally scheduled to mature in June 2020.

The benefit for income taxes for the three months ended June 30, 2020 was primarily driven by a tax benefit related to the

pre-tax

loss, partially offset by tax expenses from the impairment of nondeductible goodwill and other nondeductible expenses. The benefit for income taxes for the three months ended June 30, 2019 was primarily from a tax benefit related to the

pre-tax

loss, partially offset by tax expenses related to the Global Intangible Low Taxed Income (“GILTI”) provision of the TCJA, foreign operations and gains on forward starting swaps settled prior to the enactment of the TCJA.

 

146

---

Table of Contents

Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019

The following table sets forth the results of operations relating to Corporate and Other activities for the periods indicated:

 

										Increase
										(decrease) and
		Six months ended								percentage
		June 30,								change
(Amounts in millions)		2020				2019				2020 vs. 2019
Revenues:
Premiums		$	4			$	4			$	—				—	%
Net investment income			7				4				3				75	%
Net investment gains (losses)			18				(28	)			46				164	%
Policy fees and other income			—				1				(1	)			(100	)%
Total revenues			29				(19	)			48				NM	(1)
Benefits and expenses:
Benefits and other changes in policy reserves			3				2				1				50	%
Acquisition and operating expenses, net of deferrals			18				26				(8	)			(31	)%
Amortization of deferred acquisition costs and intangibles			1				—				1				NM	(1)
Interest expense			88				107				(19	)			(18	)%
Total benefits and expenses			110				135				(25	)			(19	)%
Loss from continuing operations before income taxes			(81	)			(154	)			73				47	%
Benefit for income taxes			(10	)			(16	)			6				38	%
Loss from continuing operations			(71	)			(138	)			67				49	%
Adjustments to loss from continuing operations:
Net investment (gains) losses			(18	)			28				(46	)			(164	)%
(Gains) losses on early extinguishment of debt			5				—				5				NM	(1)
Expenses related to restructuring			2				1				1				100	%
Taxes on adjustments			3				(6	)			9				150	%
Adjusted operating loss available to Genworth Financial, Inc.’s common stockholders		$	(79	)		$	(115	)		$	36				31	%

 

(1)	We define “NM” as not meaningful for increases or decreases greater than 200%.

Adjusted operating loss available to Genworth Financial, Inc.’s common stockholders

The adjusted operating loss available to Genworth Financial, Inc.’s common stockholders decreased primarily related to lower interest expense and lower operating expenses in the current year.

Revenues

The change to net investment gains in the current year from net investment losses in the prior year was predominantly related to derivative gains in the current year compared to derivative losses in the prior year.

Benefits and expenses

Acquisition and operating expenses, net of deferrals, decreased mainly driven by lower operating expenses and a $3 million gain related to a repurchase of Genworth Holdings’ senior notes originally scheduled to mature in 2021, partially offset by a make-whole premium of $9 million related to the early redemption of Genworth Holdings’ senior notes originally scheduled to mature in June 2020 and higher employee-related expenses in the current year.

 

147

---

Table of Contents

Interest expense decreased largely driven by the early redemption of Genworth Holdings’ senior notes originally scheduled to mature in June 2020.

The benefit for income taxes for the six months ended June 30, 2020 was primarily driven by a tax benefit related to the

pre-tax

loss, partially offset by tax expenses from the impairment of nondeductible goodwill,

stock-based

compensation and other nondeductible expenses. The benefit for income taxes for the six months ended June 30, 2019 was primarily from a tax benefit related to the

pre-tax

loss, partially offset by tax expenses related to gains on forward starting swaps settled prior to the enactment of the TCJA, the GILTI provision of the TCJA, foreign operations and other nondeductible expenses.

Investments and Derivative Instruments

Trends and conditions

Investments—credit and investment markets

During the second quarter of 2020, the U.S. Federal Reserve maintained interest rates near zero in response to the continued negative economic impact of

COVID-19

and forecasts interest rates will remain at current levels through 2022. After 100 to 150 basis point declines in U.S. Treasury yields across the curve in the first quarter of 2020, the accommodative economic policies from the U.S. Federal Reserve and negative growth expectations have held U.S. Treasury yields near those record lows through the second quarter of 2020. The

10-year

Treasury yield fell to a low of 54 basis points in first quarter of 2020, over 80 basis points lower than the previously historic low set in July 2016, and finished the second quarter of 2020 at 66 basis points, down four basis points from the end of the first quarter of 2020. The U.S. Treasury yield curve steepened in the second quarter of 2020 as

2-year

through

5-year

interest rates fell approximately 10 basis points while the

30-year

interest rate increased six basis points.

Economic data shows the U.S. economy contracted in both the first and second quarters of 2020 due to

COVID-19.

Monthly economic indicators, including unemployment rates, retail sales and industrial production, reached post-crisis levels in April 2020 but have shown some signs of partial recovery at the end of the second quarter of 2020. These negative economic indicators and the uncertainty surrounding the pace and extent of the economic recovery contributed to a forecasted contraction in U.S. gross domestic product for the full year 2020. In response to the escalating risks from

COVID-19

and in an effort to stimulate the U.S. economy, the CARES Act was signed into law during the first quarter of 2020 and supplementary stimulus packages were provided in the second quarter of 2020, which in total provided approximately $2.8 trillion of relief to individuals, businesses and government agencies, including government assistance and income tax benefits to businesses and enhanced unemployment and health benefits to individuals.

Credit markets responded to

COVID-19

and the subsequent economic downturn with widening of credit spreads to recessionary levels in the first quarter of 2020. Stay at home orders and partial economic shutdowns are expected to place a strain on corporate earnings and balance sheets, particularly in the hardest impacted sectors, which include airlines, lodging, gaming and portions of retail. A crude oil price war triggered by supply and demand imbalance drove crude oil price volatility and contributed to additional credit spread widening and pressure to the energy sector. The expanded U.S. Federal Reserve quantitative easing program included a $750 billion corporate credit facility to purchase investment grade and certain high yield corporate securities beginning in May 2020 and secondary market purchases of corporate bonds starting in June 2020. This support from the U.S. Federal Reserve helped reverse credit spread widening resulting from

COVID-19,

with credit spreads tightening throughout the second quarter of 2020 back to

non-recessionary

levels.

At the end of the second quarter of 2020, we did not have any modifications or extensions of commercial mortgage loans that were considered troubled debt restructurings. Modified loans represented 20% of our total loan portfolio, as borrowers sought additional relief related to

COVID-19.

As a result of

COVID-19,

we expect the number of modifications or extensions related to our commercial mortgage loans to increase during the

 

148

---

Table of Contents

remainder of 2020. We are working with individual borrowers impacted by

COVID-19

to provide alternative forms of relief for a specified period of time. Most of our borrowers are current on payments and we do not anticipate a significant impact from troubled debt restructurings in 2020.

The United Kingdom completed its exit from the European Union (“Brexit”) on January 31, 2020. In accordance with the current withdrawal agreement, the legal exit is followed by a transition period that ends on December 31, 2020, during which the United Kingdom continues to remain within the European Union’s single market and customs union. During the transition period, the United Kingdom is expected to negotiate and finalize a trade agreement with the European Union which will lay out the terms of the future trading relation between the two parties. The nature, timing and implications of these trade negotiations remain uncertain.

Our investment portfolio maintained approximately $2.8 billion of United Kingdom exposure, or approximately 4% of total fixed maturity securities as of June 30, 2020. These assets were primarily U.S. dollar-denominated fixed-income investments and we held no direct United Kingdom sovereign exposure. While the ultimate range of Brexit outcomes could lead to potential credit devaluation or rating agency downgrades of our United Kingdom related investments, at this time, we do not believe there is a material risk of investment impairments arising from the various Brexit scenarios.

As of June 30, 2020, our fixed maturity securities portfolio, which was 96% investment grade, comprised 82% of our total invested assets and cash.

Derivatives

Several of our master swap agreements previously contained credit downgrade provisions that allowed either party to assign or terminate the derivative transaction if the other party’s long-term unsecured credit or financial strength rating was below the limit defined in the applicable agreement. We renegotiated with many of our counterparties to remove the credit downgrade provisions from the master swap agreements entirely or replace them with a provision that allows the counterparty to terminate the derivative transaction if the RBC ratio of the applicable insurance company goes below a certain threshold and as of June 30, 2020, none of our insurance company master swap agreements have credit downgrade provisions. As of June 30, 2020, the RBC ratios of the respective insurance companies were above the thresholds negotiated in the applicable master swap agreements and therefore, no counterparty had rights to take action against us under the RBC threshold provisions.

As of June 30, 2020, $7.0 billion notional of our derivatives portfolio was cleared through the Chicago Mercantile Exchange (“CME”). The customer swap agreements that govern our cleared derivatives contain provisions that enable our clearing agents to request initial margin in excess of CME requirements. As of June 30, 2020, we posted initial margin of $228 million to our clearing agents, which represented approximately $68 million more than was otherwise required by the clearinghouse. Because our clearing agents serve as guarantors of our obligations to the CME, the customer agreements contain broad termination provisions that are not specifically dependent on ratings. As of June 30, 2020, $10.6 billion notional of our derivatives portfolio was in bilateral

over-the-counter

(“OTC”) derivative transactions pursuant to which we have posted aggregate independent amounts of $437 million and are holding collateral from counterparties in the amount of $868 million.

In July 2017, the United Kingdom Financial Conduct Authority announced its intention to transition away from the London Interbank Offered Rate (“LIBOR”), with its full elimination to occur after 2021. The announcement indicates that LIBOR may not continue to be available on the current basis (or at all) after 2021. The last committed publication date for LIBOR is December 31, 2021. The Alternate Reference Rate Committee, convened by the Board of Governors of the Federal Reserve System and the New York Federal Reserve Bank, has endorsed the Secured Overnight Financing Rate (“SOFR”) as its preferred replacement benchmark for U.S. dollar LIBOR. SOFR is calculated and published by the New York Federal Reserve Bank and reflects the

 

149

---

Table of Contents

combination of three overnight U.S. Treasury Repo Rates. The rate is different from LIBOR, in that it is a risk-free rate, is backward-looking instead of

forward-looking,

is a secured rate and currently is available primarily as an overnight rate rather than as

1-,

3- and

6-month

rates available for LIBOR. Upon the announcement, we formed a working group comprised of finance, investments, derivative, and tax professionals, as well as lawyers (the “Working Group”) to evaluate contracts and perform analysis of our LIBOR-based derivative instrument and investment exposure, as well as debt (including subordinated debt and Federal Home Loan Bank loans), reinsurance agreements and institutional products within the Runoff segment, as a result of the elimination of LIBOR. The Working Group took inventory of all investments with LIBOR exposure and identified nearly 400 instruments.

We employ derivatives primarily for the purpose of hedging interest rate risk. The more closely a rate hedging instrument aligns with Treasury rate movements, the more effective it is. As a result, to the extent changes in SOFR in relation to Treasury movements were to differ meaningfully from those of LIBOR, a

SOFR-based

hedge could be relatively less effective. We currently track both LIBOR and SOFR changes and analyze each in comparison to Treasury rate movements. We have discovered that the difference between the two comparisons is de minimis. Therefore, we do not believe a move to SOFR will have a material impact on our derivatives portfolio. Although we expect a minimal impact from this conversion, we remain actively engaged with the broader financial services community on the topic of SOFR, including conversations with peers, derivatives clearinghouses, bilateral dealers and external legal counsel. With regard to derivatives, we expect the process for implementing SOFR as a replacement rate to be relatively seamless. The International Swap and Derivatives Association (“ISDA”) has developed a contractual supplement to derivatives trading documentation that includes triggers and fallbacks for determining the replacement for a benchmark rate. The supplement may be agreed to between counterparties or through an ISDA protocol. In addition, ISDA has drafted an amendment to the 2006 Interbank Offered Rate definitions and a related protocol for legacy transactions.

For our other instruments and contracts, including investments, debt and reinsurance contracts, there is a wide variety in replacement language ranging from a rate freeze to silence on the matter. With respect to instruments that include a rate replacement, we will comply with the process prescribed by each instrument. For investments that do not contain such a replacement, we will generally endeavor to agree upon a replacement rate with our counterparties well in advance of LIBOR’s transition. In some cases, such as our long-term junior subordinated notes that mature in 2066 and are linked to three-month LIBOR, we may decide not to replace LIBOR which would

lock-in

the last published rate. We understand that the investment community is inclined to adopt SOFR as a substitute rate. Therefore, the adoption of SOFR will add certainty to the process of replacing LIBOR as the reference rate for many instruments. We do acknowledge the complications in calculating the credit spread necessary to equate SOFR to LIBOR and will monitor the potential risk.

We are at different stages of assessing operational readiness for LIBOR cessation related to our various instruments. These stages range from derivatives, where we are fully operationally ready, to other products and instruments, as well as tax impacts, where we have just begun our assessment process. Our Working Group will continue to monitor the process of elimination and replacement of LIBOR. Since the initial announcement, we have terminated a portion of our LIBOR-based swaps and entered into alternative rate swaps. In anticipation of the elimination of LIBOR, we plan to continue to convert our remaining LIBOR-based derivatives in a similar manner. In addition, our

non-recourse

funding obligations with interest rates based on

one-month

LIBOR were redeemed in January 2020. We expect to implement additional measures that we believe will ease the transition from LIBOR. Even though we have begun to take these actions, as described above, it is too early to determine the ultimate impact the elimination of LIBOR will have on our results of operations or financial condition.

 

150

---

Table of Contents

Investment results

The following tables set forth information about our investment income, excluding net investment gains (losses), for each component of our investment portfolio for the periods indicated:

 

		Three months ended June 30,																Increase (decrease)
		2020								2019								2020 vs. 2019
(Amounts in millions)		Yield				Amount				Yield				Amount				Yield				Amount
Fixed maturity securities—taxable			4.4	%		$	601				4.7	%		$	634				(0.3	)%		$	(33	)
Fixed maturity securities—non-taxable			2.6	%			1				6.1	%			2				(3.5	)%			(1	)
Equity securities			4.1	%			2				7.8	%			5				(3.7	)%			(3	)
Commercial mortgage loans			4.9	%			84				4.9	%			85				—	%			(1	)
Policy loans			9.3	%			49				8.8	%			45				0.5	%			4
Other invested assets (1)			23.3	%			66				28.7	%			59				(5.4	)%			7
Cash, cash equivalents, restricted cash and short-term investments			0.6	%			4				2.2	%			11				(1.6	)%			(7	)
Gross investment income before expenses and fees			4.8	%			807				5.1	%			841				(0.3	)%			(34	)
Expenses and fees			(0.1	)%			(21	)			(0.1	)%			(25	)			—	%			4
Net investment income			4.7	%		$	786				5.0	%		$	816				(0.3	)%		$	(30	)
Average invested assets and cash						$	67,598							$	65,954							$	1,644

 

		Six months ended June 30,																Increase (decrease)
		2020								2019								2020 vs. 2019
(Amounts in millions)		Yield				Amount				Yield				Amount				Yield				Amount
Fixed maturity securities—taxable			4.5	%		$	1,223				4.6	%		$	1,247				(0.1	)%		$	(24	)
Fixed maturity securities—non-taxable			4.1	%			3				6.1	%			4				(2.0	)%			(1	)
Equity securities			3.8	%			4				6.8	%			9				(3.0	)%			(5	)
Commercial mortgage loans			4.9	%			169				4.8	%			167				0.1	%			2
Policy loans			9.3	%			98				9.2	%			91				0.1	%			7
Other invested assets (1)			20.5	%			113				31.1	%			118				(10.6	)%			(5	)
Cash, cash equivalents, restricted cash and short-term investments			1.0	%			15				2.1	%			22				(1.1	)%			(7	)
Gross investment income before expenses and fees			4.8	%			1,625				5.0	%			1,658				(0.2	)%			(33	)
Expenses and fees			(0.1	)%			(46	)			(0.1	)%			(48	)			—	%			2
Net investment income			4.7	%		$	1,579				4.9	%		$	1,610				(0.2	)%		$	(31	)
Average invested assets and cash						$	67,596							$	65,840							$	1,756

 

(1)	Investment income for other invested assets includes amortization of terminated cash flow hedges, which have no corresponding book value within the yield calculation and includes limited partnership investments, which are primarily equity-based and do not have fixed returns by period.

Yields are based on net investment income as reported under U.S. GAAP and are consistent with how we measure our investment performance for management purposes. Yields are annualized, for interim periods, and are calculated as net investment income as a percentage of average quarterly asset carrying values except for fixed maturity securities, derivatives and derivative counterparty collateral, which exclude unrealized fair value adjustments and securities lending activity, which is included in other invested assets and is calculated net of the corresponding securities lending liability.

For the three months ended June 30, 2020, annualized weighted-average investment yields decreased principally from lower yields on higher average invested assets. Net investment income included $19 million of lower income related to inflation-driven volatility on U.S. Government Treasury Inflation Protected Securities (“TIPS”) in the current year.

 

151

---

Table of Contents

For the six months ended June 30, 2020, annualized weighted-average investment yields decreased primarily driven by lower yields on higher average invested assets. Net investment income included $15 million of lower limited partnership income and $12 million of lower income related to inflation-driven volatility on TIPS, partially offset by $11 million of higher prepayment speed adjustments on structured securities in the current year.

The following table sets forth net investment gains (losses) for the periods indicated:

 

		Three months ended								Six months ended
		June 30,								June 30,
(Amounts in millions)		2020				2019				2020				2019
Available-for-sale fixed maturity securities:
Realized gains		$	119			$	10			$	133			$	74
Realized losses			(5	)			(21	)			(6	)			(27	)
Net realized gains (losses) on available-for-sale fixed maturity securities			114				(11	)			127				47
Impairments:
Total other-than-temporary impairments			—				—				—				—
Portion of other-than-temporary impairments included in other comprehensive income (loss)			—				—				—				—
Net other-than-temporary impairments			—				—				—				—
Net change in allowance for credit losses on available-for-sale fixed maturity securities			(7	)			—				(7	)			—
Net realized gains (losses) on equity securities sold			—				—				—				3
Net unrealized gains (losses) on equity securities still held			9				5				(10	)			17
Limited partnerships			37				(11	)			(3	)			4
Commercial mortgage loans			1				1				1				—
Derivative instruments			10				(30	)			(95	)			(42	)
Other			(5	)			—				(6	)			—
Net investment gains (losses)		$	159			$	(46	)		$	7			$	29

Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019

 

•

We recorded net gains related to the sale of fixed maturity securities of $114 million during the three months ended June 30, 2020 driven primarily from the sale of U.S. government securities due to portfolio rebalancing and asset exposure management compared to net losses of $11 million during the three months ended June 30, 2019.

 

•

We recorded a $7 million credit loss on available-for-sale securities during the three months ended June 30, 2020 under the newly adopted current expected credit loss standard reflecting emerging credit distress due mostly to COVID-19.

 

•

We recorded net gains on limited partnerships of $37 million during the three months ended June 30, 2020 driven largely by the recovery of equity markets in the second quarter of 2020 after the losses suffered in the first quarter of 2020 due to COVID-19. The three months ended June 30, 2019 included net losses of $11 million on limited partnerships mostly associated with mark to market adjustments.

 

•

Net investment gains related to derivatives of $10 million during the three months ended June 30, 2020 were primarily associated with gains from our foreign currency hedging programs that support our Australia Mortgage Insurance segment due to changes in the Australian dollar, partially offset by losses related to derivatives used to protect statutory surplus from equity market fluctuations as well as hedging programs for our fixed indexed annuities products.

Net investment losses related to derivatives of $30 million during the three months ended June 30, 2019 were primarily associated with hedging programs for our runoff variable annuity products and fixed indexed annuity products, as well as losses from derivatives used to hedge foreign currency risk associated with expected dividend payments from our Australia mortgage insurance business.

 

152

---

Table of Contents

Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019

 

•

We recorded $80 million of higher net gains related to the sale of fixed maturity securities during the six months ended June 30, 2020 compared to the six months ended June 30, 2019 primarily from higher gains on the sale of U.S. government securities.

 

•

The change to net unrealized losses on equity securities and limited partnership investments during the six months ended June 30, 2020 from net unrealized gains during the six months ended June 30, 2019 was primarily from unfavorable equity market performance in the current year compared to favorable equity market performance in the prior year.

 

•

Net investment losses related to derivatives of $95 million during the six months ended June 30, 2020 were primarily associated with hedging programs that support our runoff variable annuity products and fixed indexed annuity products, as well as losses from our foreign currency hedging programs that support our Australia Mortgage Insurance segment due to changes in the Australian dollar, partially offset by gains from derivatives used to hedge foreign currency risk associated with expected dividend payments from our Australia mortgage insurance business.

Net investment losses related to derivatives of $42 million during the six months ended June 30, 2019 were primarily associated with hedging programs for our runoff variable annuity products, including decreases in the values of instruments used to protect statutory surplus from equity market fluctuations. We also had losses related to hedging programs for our fixed indexed annuity products.

Investment portfolio

The following table sets forth our cash, cash equivalents, restricted cash and invested assets as of the dates indicated:

 

		June 30, 2020								December 31, 2019
(Amounts in millions)		Carrying value				% of total				Carrying value				% of total
Fixed maturity securities, available-for-sale:
Public		$	44,794				58	%		$	42,162				57	%
Private			18,750				24				18,177				24
Equity securities			206				—				239				—
Commercial mortgage loans, net			6,917				9				6,963				9
Policy loans			2,182				3				2,058				3
Other invested assets			2,473				3				1,632				2
Cash, cash equivalents and restricted cash			2,597				3				3,341				5
Total cash, cash equivalents, restricted cash and invested assets		$	77,919				100	%		$	74,572				100	%

For a discussion of the change in cash, cash equivalents, restricted cash and invested assets, see the comparison for this line item under “—Consolidated Balance Sheets.” See note 4 in our unaudited condensed consolidated financial statements under “Item 1—Financial Statements” for additional information related to our investment portfolio.

We hold fixed maturity and equity securities, derivatives, embedded derivatives, securities held as collateral and certain other financial instruments, which are carried at fair value. Fair value is the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. As of June 30, 2020, approximately 7% of our investment holdings recorded at fair value was based on significant inputs that were not market observable and were classified as Level 3 measurements. See note 6 in our unaudited condensed consolidated financial statements under “Item 1—Financial Statements” for additional information related to fair value.

 

153

---

Table of Contents

Fixed maturity securities

As of June 30, 2020, the amortized cost or cost, gross unrealized gains (losses), allowance for credit losses and fair value of our fixed maturity securities classified as

available-for-sale

were as follows:

 

(Amounts in millions)		Amortized cost or cost				Gross unrealized gains				Gross unrealized losses				Allowance for credit losses				Fair value
Fixed maturity securities:
U.S. government, agencies and government-sponsored enterprises		$	3,877			$	1,725			$	—			$	—			$	5,602
State and political subdivisions			2,503				496				(1	)			—				2,998
Non-U.S. government			1,424				125				(7	)			—				1,542
U.S. corporate:
Utilities			4,392				879				(1	)			—				5,270
Energy			2,454				203				(63	)			—				2,594
Finance and insurance			7,400				1,017				(14	)			—				8,403
Consumer—non-cyclical			5,132				1,147				(2	)			—				6,277
Technology and communications			2,912				503				(4	)			—				3,411
Industrial			1,350				157				(4	)			—				1,503
Capital goods			2,580				454				(6	)			—				3,028
Consumer—cyclical			1,748				224				(6	)			—				1,966
Transportation			1,335				254				(24	)			—				1,565
Other			340				38				—				—				378
Total U.S. corporate			29,643				4,876				(124	)			—				34,395
Non-U.S. corporate:
Utilities			811				68				—				—				879
Energy			1,141				148				(14	)			—				1,275
Finance and insurance			2,199				284				(16	)			(1	)			2,466
Consumer—non-cyclical			692				86				(1	)			—				777
Technology and communications			1,066				182				(1	)			—				1,247
Industrial			883				116				(4	)			—				995
Capital goods			565				50				(2	)			—				613
Consumer—cyclical			380				27				—				—				407
Transportation			560				84				(6	)			(3	)			635
Other			1,376				218				(3	)			—				1,591
Total non-U.S. corporate			9,673				1,263				(47	)			(4	)			10,885
Residential mortgage-backed (1)			1,927				259				(2	)			—				2,184
Commercial mortgage-backed			2,800				225				(52	)			(3	)			2,970
Other asset-backed			2,987				30				(49	)			—				2,968
Total available-for-sale fixed maturity securities		$	54,834			$	8,999			$	(282	)		$	(7	)		$	63,544

 

(1)	Fair value included $8 million collateralized by Alt-A residential mortgage loans and $21 million collateralized by sub-prime residential mortgage loans.

 

154

---

Table of Contents

As of December 31, 2019, the amortized cost or cost, gross unrealized gains (losses) and fair value of our fixed maturity securities classified as

available-for-sale

were as follows:

 

						Gross unrealized gains								Gross unrealized losses
(Amounts in millions)		Amortized cost or cost				Not other-than- temporarily impaired				Other-than- temporarily impaired				Not other-than- temporarily impaired				Other-than- temporarily impaired				Fair value
Fixed maturity securities:
U.S. government, agencies and government-sponsored enterprises		$	4,073			$	952			$	—			$	—			$	—			$	5,025
State and political subdivisions			2,394				355				—				(2	)			—				2,747
Non-U.S. government			1,235				117				—				(2	)			—				1,350
U.S. corporate:
Utilities			4,322				675				—				—				—				4,997
Energy			2,404				303				—				(8	)			—				2,699
Finance and insurance			6,977				798				—				(1	)			—				7,774
Consumer—non-cyclical			4,909				796				—				(4	)			—				5,701
Technology and communications			2,883				363				—				(1	)			—				3,245
Industrial			1,271				125				—				—				—				1,396
Capital goods			2,345				367				—				(1	)			—				2,711
Consumer—cyclical			1,590				172				—				(2	)			—				1,760
Transportation			1,320				187				—				(1	)			—				1,506
Other			292				30				—				—				—				322
Total U.S. corporate			28,313				3,816				—				(18	)			—				32,111
Non-U.S. corporate:
Utilities			779				50				—				—				—				829
Energy			1,140				179				—				—				—				1,319
Finance and insurance			2,087				232				—				—				—				2,319
Consumer—non-cyclical			631				55				—				(2	)			—				684
Technology and communications			1,010				128				—				—				—				1,138
Industrial			896				92				—				—				—				988
Capital goods			565				40				—				—				—				605
Consumer—cyclical			373				24				—				—				—				397
Transportation			557				73				—				(1	)			—				629
Other			1,431				188				—				(2	)			—				1,617
Total non-U.S. corporate			9,469				1,061				—				(5	)			—				10,525
Residential mortgage-backed (1)			2,057				199				15				(1	)			—				2,270
Commercial mortgage-backed			2,897				137				—				(8	)			—				3,026
Other asset-backed			3,262				30				—				(7	)			—				3,285
Total available-for-sale fixed maturity securities		$	53,700			$	6,667			$	15			$	(43	)		$	—			$	60,339

 

(1)	Fair value included $9 million collateralized by Alt-A residential mortgage loans and $24 million collateralized by sub-prime residential mortgage loans.

 

155

---

Table of Contents

Fixed maturity securities increased $3.2 billion compared to December 31, 2019 principally from an increase in unrealized gains related to a decrease in interest rates, as well as purchases exceeding sales, maturities and repayments in the current year.

Commercial mortgage loans

The following tables set forth additional information regarding our commercial mortgage loans as of the dates indicated:

 

		June 30, 2020
(Dollar amounts in millions)		Total amortized cost				Number of loans				Debt-to-value  (1)				Delinquent principal balance				Number of delinquent loans
Loan Year
2010 and prior		$	1,069				381				36	%		$	—				—
2011			161				41				37	%			—				—
2012			400				74				41	%			—				—
2013			549				112				46	%			—				—
2014			685				122				49	%			10				1
2015			786				129				55	%			—				—
2016			499				91				58	%			—				—
2017			731				141				60	%			—				—
2018			1,000				164				66	%			—				—
2019			796				110				70	%			—				—
2020			269				42				70	%			—				—
Total		$	6,945				1,407				54	%		$	10				1

 

(1)	Represents weighted-average debt-to-value as of June 30, 2020.

 

		December 31, 2019
(Dollar amounts in millions)		Total recorded investment				Number of loans				Debt-to-value  (1)				Delinquent principal balance				Number of delinquent loans
Loan Year
2010 and prior		$	1,182				419				37	%		$	—				—
2011			168				42				38	%			—				—
2012			415				75				42	%			—				—
2013			579				114				47	%			—				—
2014			720				129				50	%			—				—
2015			833				136				56	%			—				—
2016			517				93				59	%			—				—
2017			740				141				61	%			—				—
2018			1,019				165				66	%			—				—
2019			807				111				71	%			—				—
Total		$	6,980				1,425				54	%		$	—				—

 

(1)	Represents weighted-average debt-to-value as of December 31, 2019.

 

156

---

Table of Contents

Other invested assets

The following table sets forth the carrying values of our other invested assets as of the dates indicated:

 

		June 30, 2020								December 31, 2019
(Amounts in millions)		Carrying value				% of total				Carrying value				% of total
Derivatives		$	1,024				41	%		$	290				18	%
Limited partnerships			764				31				634				39
Bank loan investments			396				16				383				23
Short-term investments			212				9				260				16
Securities lending collateral			59				2				51				3
Other investments			18				1				14				1
Total other invested assets		$	2,473				100	%		$	1,632				100	%

Derivatives increased largely from a decrease in interest rates in the current year. Limited partnerships increased primarily from additional capital investments, partially offset return of capital in the current year.

Derivatives

The activity associated with derivative instruments can generally be measured by the change in notional value over the periods presented. However, for GMWB embedded derivatives, fixed index annuity embedded derivatives and indexed universal life embedded derivatives, the change between periods is best illustrated by the number of policies. The following tables represent activity associated with derivative instruments as of the dates indicated:

 

				December 31,								Maturities/				June 30,
(Notional in millions)		Measurement		2019				Additions				terminations				2020
Derivatives designated as hedges
Cash flow hedges:
Interest rate swaps		Notional		$	8,968			$	1,158			$	(1,880	)		$	8,246
Foreign currency swaps		Notional			110				—				—				110
Total cash flow hedges					9,078				1,158				(1,880	)			8,356
Total derivatives designated as hedges					9,078				1,158				(1,880	)			8,356
Derivatives not designated as hedges
Interest rate swaps		Notional			4,674				—				—				4,674
Equity index options		Notional			2,451				883				(1,126	)			2,208
Financial futures		Notional			1,182				3,082				(2,914	)			1,350
Other foreign currency contracts		Notional			628				3,009				(2,618	)			1,019
Total derivatives not designated as hedges					8,935				6,974				(6,658	)			9,251
Total derivatives				$	18,013			$	8,132			$	(8,538	)		$	17,607
(Number of policies)		Measurement		December 31, 2019				Additions				Maturities/ terminations				June 30, 2020
Derivatives not designated as hedges
GMWB embedded derivatives		Policies			25,623				—				(992	)			24,631
Fixed index annuity embedded derivatives		Policies			15,441				—				(668	)			14,773
Indexed universal life embedded derivatives		Policies			884				—				(28	)			856

 

157

---

Table of Contents

The decrease in the notional value of derivatives was primarily attributable to terminations of interest rate swaps that support our long-term care insurance business, partially offset by an increase in foreign currency derivatives entered into to hedge an adverse legal settlement related to disputed claims denominated in a foreign currency.

The number of policies related to our embedded derivatives decreased as these products are no longer being offered and continue to runoff.

Consolidated Balance Sheets

Total assets

. Total assets increased $2,295 million from $101,342 million as of December 31, 2019 to $103,637 million as of June 30, 2020.

 

•

Cash, cash equivalents, restricted cash and invested assets increased $3,347 million primarily from increases of $3,205 million and $841 million in fixed maturity securities and other invested assets, respectively. The increase in fixed maturity securities was predominantly related to higher unrealized gains mostly associated with a decrease in interest rates and from net purchases in the current year. The increase in other invested assets was principally from higher derivative assets driven mostly be lower interest rates in the current year. These increases were partially offset by a decrease in cash, cash equivalents and restricted cash of $744 million, largely related to the early redemption of Genworth Holdings’ senior notes originally scheduled to mature in June 2020, the early repayment of Rivermont I’s non-recourse funding obligations originally due in 2050, net purchases of fixed maturity securities and a $134 million interim litigation payment to AXA in the current year

 

•

DAC decreased $118 million principally associated with higher amortization largely driven by an increase in lapses mostly attributable to our large 20-year term life insurance block entering its post-level premium, partially offset by shadow accounting adjustments driven by the recognition of higher unrealized gains in the current year. The shadow accounting adjustments increased DAC by approximately $57 million, mostly in our long-term care insurance business, with an offsetting amount recorded in other comprehensive income (loss).

 

•

Reinsurance recoverable decreased $203 million mainly attributable to the runoff of our structured settlement products ceded to UFLIC, an affiliate of our former parent, General Electric Company  (“GE”).

 

•

Deferred tax asset decreased $139 million primarily due to higher unrealized gains on derivatives and investments in the current year.

 

•

Separate account assets decreased $572 million primarily due to surrenders and unfavorable equity market performance in the current year.

Total liabilities

. Total liabilities increased $1,839 million from $86,710 million as of December 31, 2019 to $88,549 million as of June 30, 2020.

 

•

Future policy benefits increased $1,079 million primarily driven by shadow accounting adjustments associated with the recognition of higher unrealized gains. The shadow accounting adjustments increased future policy benefits by approximately $913 million, mostly in our long-term care insurance business, with an offsetting amount recorded in other comprehensive income (loss). This decrease was partially offset by aging of our long-term care insurance in-force block and an increase in incremental reserves of $137 million recorded in connection with an accrual for profits followed by losses in the current year.

 

•

Policyholder account balances increased $704 million largely attributable to shadow accounting adjustments in connection with the recognition of higher unrealized gains mostly in our universal life insurance products and from unfavorable equity market performance in our variable annuity products, partially offset by surrenders and benefits in our fixed annuities business in the current year.

 

•

Liability for policy and contract claims increased $322 million mostly related to our U.S. mortgage insurance business primarily attributable to a significant increase in the number of new delinquencies

 

158

---

Table of Contents

driven largely by borrower forbearance resulting from COVID-19. In addition, existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. The increase was also attributable to our long-term care insurance business primarily attributable to new claims, which includes higher new claims frequency as a result of the aging of the in-force block, as well as higher severity, partially offset by an increase in claim terminations driven mostly by higher mortality and favorable development on prior year incurred but not reported claims in the current year. Given the lower new claim counts submitted during COVID-19, incurred but not reported reserves were strengthened by $37 million reflecting our assumption that new claim incidence during this period will ultimately return to normal levels, partially offsetting the favorable development on incurred but not reported claims.

 

•

Other liabilities increased $647 million principally due to higher counterparty collateral driven mostly by lower interest rates increasing derivative valuations in the current year.

 

•

Non-recourse funding obligations decreased $311 million due to the early redemption of Rivermont I’s outstanding non-recourse funding obligations originally due in 2050.

 

•

Long-term borrowings decreased $460 million mainly attributable to the early redemption of Genworth Holdings’ 7.70% senior notes originally scheduled to mature in June 2020. In addition, Genworth Holdings repurchased $66 million principal amount of its senior notes with 2021 maturity dates in the current year.

 

•

Liabilities related to discontinued operations increased $519 million predominantly from a higher accrual recorded in the current year associated with a settlement agreement reached with AXA. See note 14 in our unaudited condensed consolidated financial statements under “Item 1 — Financial Statements” for additional details.

Total equity

. Total equity increased $456 million from $14,632 million as of December 31, 2019 to $15,088 million as of June 30, 2020.

 

•

We reported a net loss available to Genworth Financial, Inc.’s common stockholders of $507 million for the six months ended June 30, 2020. We also adopted new accounting guidance on January 1, 2020 related to estimating expected credit losses that was applied on a modified retrospective basis, resulting in a $55 million decrease to retained earnings in the current year.

 

•

Derivatives qualifying as hedges and unrealized gains on investments increased $675 million and $355 million, respectively, primarily from a decrease in interest rates. The increase in unrealized gains on investments was also attributable to the tightening of credit spreads on our corporate bond investments during the second quarter of 2020, reversing much of the widening experienced in the first quarter of 2020 due to COVID-19.

Liquidity and Capital Resources

Liquidity and capital resources represent our overall financial strength and our ability to generate cash flows from our businesses, borrow funds at competitive rates and raise new capital to meet our operating and growth needs.

Genworth and subsidiaries

The following table sets forth our unaudited condensed consolidated cash flows for the six months ended June 30:

 

(Amounts in millions)		2020				2019
Net cash from operating activities		$	1,299			$	795
Net cash used by investing activities			(887	)			(351	)
Net cash used by financing activities			(1,144	)			(695	)
Net decrease in cash before foreign exchange effect		$	(732	)		$	(251	)

 

159

---

Table of Contents

Our principal sources of cash include sales of our products and services, income from our investment portfolio and proceeds from sales of investments. As an insurance business, we typically generate positive cash flows from operating activities, as premiums collected from our insurance products and income received from our investments typically exceed policy acquisition costs, benefits paid, redemptions and operating expenses. Our cash flows from operating activities are affected by the timing of premiums, fees and investment income received and benefits and expenses paid. Positive cash flows from operating activities are then invested to support the obligations of our insurance and investment products and required capital supporting these products. In analyzing our cash flow, we focus on the change in the amount of cash available and used in investing activities. Changes in cash from financing activities primarily relate to the issuance of, and redemptions and benefit payments on, universal life insurance and investment contracts; deposits from Federal Home Loan Banks; the issuance and acquisition of debt and equity securities; the issuance and repayment or repurchase of borrowings and

non-recourse

funding obligations; and other capital transactions.

We had higher cash inflows from operating activities in the current year mainly attributable to higher collateral posted by counterparties related to our derivative positions and a lower amount of policy loans issued in our corporate-owned life insurance product, partially offset by a $134 million interim litigation payment to AXA in the current year.

We had higher cash outflows from investing activities primarily driven by net purchases of fixed maturity securities in the current year compared to net sales in the prior year, partially offset by lower commercial mortgage loan originations and higher net sales of short-term investments in the current year.

We had higher cash outflows from financing activities in the current year principally from the early redemption of $397 million of Genworth Holdings’ senior notes originally scheduled to mature in June 2020, the early redemption of $315 million of Rivermont I’s

non-recourse

funding obligations originally due in 2050 and the repurchase of $66 million principal amount of Genworth Holdings’ senior notes with 2021 maturity dates, partially offset by lower net withdrawals from our investment contracts.

We engage in certain securities lending transactions for the purpose of enhancing the yield on our investment securities portfolio. We maintain effective control over all loaned securities and, therefore, continue to report such securities as fixed maturity securities on the consolidated balance sheets. We are currently indemnified against counterparty credit risk by the intermediary.

Genworth—holding company

Genworth Financial and Genworth Holdings each act as a holding company for their respective subsidiaries and do not have any significant operations of their own. Dividends from their respective subsidiaries, payments to them under tax sharing and expense reimbursement arrangements with their subsidiaries and proceeds from borrowings or securities issuances are their principal sources of cash to meet their obligations. Insurance laws and regulations regulate the payment of dividends and other distributions to Genworth Financial and Genworth Holdings by their insurance subsidiaries. We expect dividends paid by the insurance subsidiaries will vary depending on strategic objectives, capital levels, regulatory requirements and business performance, including the expected adverse impacts from

COVID-19.

The primary uses of funds at Genworth Financial and Genworth Holdings include payment of holding company general operating expenses (including taxes), payment of principal, interest and other expenses on current and any future borrowings or other obligations (including payments to AXA under a secured promissory note related to discontinued operations), payments under current and any future guarantees (including guarantees of certain subsidiary obligations), payment of amounts owed to GE under the Tax Matters Agreement, payments to subsidiaries (and, in the case of Genworth Holdings, to Genworth Financial) under tax sharing agreements, contributions to subsidiaries, repurchases of debt securities and, in the case of Genworth Holdings, loans, dividends or other distributions to Genworth Financial. In deploying future capital, important current priorities

 

160

---

Table of Contents

include focusing on our mortgage insurance businesses so they remain appropriately capitalized and accelerating progress on reducing overall indebtedness of Genworth Holdings. We may from time to time seek to repurchase or redeem outstanding notes for cash (with cash on hand, proceeds from the issuance of new debt and/or the proceeds from asset or stock sales) in open market purchases, tender offers, privately negotiated transactions or otherwise. We currently seek to address our indebtedness over time through repurchases, redemptions and/or repayments at maturity.

Our Board of Directors has suspended the payment of stockholder dividends on our Genworth Financial common stock indefinitely. The declaration and payment of future dividends to holders of our common stock will be at the discretion of our Board of Directors and will be dependent on many factors including the receipt of dividends from our operating subsidiaries, our financial condition and operating results, the capital requirements of our subsidiaries, legal requirements, regulatory constraints, our debt obligations, our credit and financial strength ratings and such other factors as the Board of Directors deems relevant. In addition, our Board of Directors has suspended repurchases of our Genworth Financial common stock under our stock repurchase program indefinitely. The resumption of our stock repurchase program will be at the discretion of our Board of Directors.

Genworth Holdings had $504 million and $1,461 million of cash, cash equivalents and restricted cash as of June 30, 2020 and December 31, 2019, respectively, which included $10 million of restricted cash equivalents as of June 30, 2020. Genworth Holdings also held $50 million and $70 million in U.S. government securities as of June 30, 2020 and December 31, 2019, respectively, which included approximately $49 million and $48 million, respectively, of restricted assets. The decrease in Genworth Holdings cash, cash equivalents and restricted cash was principally driven by the repayment of long-term debt and intercompany notes and a $134 million interim litigation payment to AXA. For additional details on the decrease in cash, cash equivalents and restricted cash, see below under “—Capital resources and financing activities.”

On July 20, 2020, we reached a settlement agreement with AXA regarding a dispute over payment protection insurance mis-selling claims sold by our former lifestyle protection insurance business that was acquired by AXA in December 2015. Under the settlement agreement, we paid an initial amount of £100 million ($125 million) to AXA on July 21, 2020. This cash disbursement did not reduce the amount of cash, cash equivalents and restricted cash held by Genworth Holdings as of June 30, 2020 but will be reflected as a reduction in cash in the third quarter of 2020.

During the six months ended June 30, 2020 and 2019, Genworth received cash dividends from its international subsidiaries of $11 million and $105 million, respectively.

Due to the macroeconomic uncertainty resulting from

COVID-19,

we do not expect to receive further dividends from our mortgage insurance businesses in 2020. Future dividends and the timing of their distribution will depend on the economic recovery from

COVID-19

and prepayment obligations under the secured promissory note issued in connection with the AXA settlement agreement, among other factors.

Regulated insurance subsidiaries

The liquidity requirements of our regulated insurance subsidiaries principally relate to the liabilities associated with their various insurance and investment products, operating costs and expenses, the payment of dividends to us, contributions to their subsidiaries, payment of principal and interest on their outstanding debt obligations and income taxes. Liabilities arising from insurance and investment products include the payment of benefits, as well as cash payments in connection with policy surrenders and withdrawals, policy loans and obligations to redeem funding agreements.

Our insurance subsidiaries have used cash flows from operations and investment activities to fund their liquidity requirements. Our insurance subsidiaries’ principal cash inflows from operating activities are derived from premiums, annuity deposits and insurance and investment product fees and other income, including

 

161

---

Table of Contents

commissions, cost of insurance, mortality, expense and surrender charges, contract underwriting fees, investment management fees and dividends and distributions from their subsidiaries. The principal cash inflows from investment activities result from repayments of principal, investment income and, as necessary, sales of invested assets.

Our insurance subsidiaries maintain investment strategies intended to provide adequate funds to pay benefits without forced sales of investments. Products having liabilities with longer durations, such as certain life insurance and long-term care insurance policies, are matched with investments having similar duration such as long-term fixed maturity securities and commercial mortgage loans. Shorter-term liabilities are matched with fixed maturity securities that have short- and medium-term fixed maturities. In addition, our insurance subsidiaries hold highly liquid, high quality short-term investment securities and other liquid investment grade fixed maturity securities to fund anticipated operating expenses, surrenders and withdrawals. As of June 30, 2020, our total cash, cash equivalents, restricted cash and invested assets were $77.9 billion. Our investments in privately placed fixed maturity securities, commercial mortgage loans, policy loans, limited partnership investments and select mortgage-backed and asset-backed securities are relatively illiquid. These asset classes represented approximately 37% of the carrying value of our total cash, cash equivalents, restricted cash and invested assets as of June 30, 2020.

As of June 30, 2020, our U.S. mortgage insurance business was compliant with the PMIERs capital requirements, with a prudent buffer. Credit risk transfer transactions provided an estimated aggregate of $1,043 million of PMIERs capital credit as of June 30, 2020. In the second quarter of 2020, our U.S. mortgage insurance business completed an aggregate excess of loss reinsurance transaction providing up to $300 million of reinsurance coverage on our 2009 to 2019 book years that is intended to provide PMIERs capital credit for elevated delinquencies as result of

COVID-19.

The second quarter of 2020 PMIERs sufficiency included an estimated $180 million of capital credit from this transaction. Our U.S. mortgage insurance business may execute future risk transfer transactions to maintain a prudent level of financial flexibility in excess of the PMIERs capital requirements in response to potential changes in performance and PMIERs requirements over time. We believe that future credit risk transfer transactions may be more difficult to execute, if possible at all, and may have a higher cost during and following COVID-19.

Capital resources and financing activities

Capital resources

On July 3, 2020, GFMIPL issued AUD$147 million floating rate subordinated notes due in July 2030 in exchange for AUD$147 million of its floating rate subordinated notes due in July 2025. In addition, on July 3, 2020, GFMIPL issued AUD$43 million floating rate subordinated notes due in July 2030. These notes will pay interest quarterly at a floating rate equal to the three-month bank bill swap reference rate plus a margin of a minimum of 5.0% per annum. GFMIPL has an option to redeem the notes at face value on July 3, 2025 and every interest payment date thereafter up to and excluding the maturity date, and for certain tax and regulatory events (in each case subject to APRA’s prior written approval). Following the settlement of these transactions, GFMIPL has outstanding floating rate subordinated notes of AUD$53 million due in July 2025 and AUD$190 million due in July 2030.

Financing activities

During the six months ended June 30, 2020, Genworth Holdings repurchased $66 million principal amount of its senior notes with 2021 maturity dates for a

pre-tax

gain of $4 million.

In March 2020, Genworth Holdings repaid a $200 million intercompany note due to GLIC with a maturity date of March 31, 2020.

On January 21, 2020, Genworth Holdings early redeemed $397 million of its 7.70% senior notes originally scheduled to mature in June 2020 for a

pre-tax

loss of $9 million. The senior notes were fully redeemed with a

 

162

---

Table of Contents

cash payment of $409 million, comprised of the outstanding principal balance of $397 million, accrued interest of $3 million and a make-whole premium of $9 million.

In January 2020, upon receipt of approval from the Director of Insurance of the State of South Carolina, Rivermont I, our indirect wholly-owned special purpose consolidated captive insurance subsidiary, redeemed all of its $315 million of outstanding

non-recourse

funding obligations due in 2050. The early redemption resulted in a

pre-tax

loss of $4 million from the

write-off

of deferred borrowing costs.

In addition to the partial settlement payment of £100 million ($125 million) paid to AXA on July 21, 2020, we also issued a secured promissory note to AXA, under which we agreed to make deferred cash payments totaling approximately £317 million in two installment payments in June 2022 and September 2022, subject to certain prepayment obligations. Future claims that are still being processed, which are currently estimated to be approximately £107 million, will be added to the promissory note as part of the September 2022 payment. The promissory note will accrue interest at a fixed rate of 5.25% due quarterly, with a potential for an interest rate decrease to 2.75% following certain prepayment trigger events.

Certain conditions and events occurring and expected to occur raise doubt about our ability to meet our financial obligations for the next year given Genworth Holdings current unrestricted cash and cash equivalents balance of $494 million. However, we believe management’s plans alleviate this doubt. Our evaluation of our ability to meet our obligations included the following contractual obligations due within one year from the issue date of our unaudited condensed consolidated financial statements, along with other certain conditions and events:

 

•

a partial settlement payment in the amount of £100 million ($125 million) paid to AXA on July 21, 2020. In addition, over the next year, we expect to pay AXA approximately $25 million in interest on the secured promissory note, assuming we do not make any pre-payments, and we may make an additional one-time payment of approximately $40 million for an unrelated liability and other expenses;

 

•

Genworth Holdings has $356 million of its 7.20% senior notes maturing in February 2021;

 

•

interest payments on our senior notes are forecasted to be $158 million for the next twelve months;

 

•

we do not expect to receive further dividends in 2020 from our mortgage insurance subsidiaries due to higher delinquencies and the impact to capital levels resulting from COVID-19; and

 

•

due to the uncertain macroeconomic conditions surrounding COVID-19, on June 30, 2020, Genworth and China Oceanwide agreed to a fifteenth waiver and agreement extending the merger deadline to no later than September 30, 2020. However, the consummation of this transaction is dependent on steps outside of our control; accordingly, the associated post-closing capital contributions from China Oceanwide cannot be included as a potential source of liquidity.

We believe management’s plans alleviate doubt about our ability to meet our financial obligations for the next year. These plans include actively taking steps to raise capital to address our obligations, including a debt financing as well as, should our pending transaction with China Oceanwide not close, preparing for a 19.9% public offering of our U.S. mortgage insurance business subject to market conditions. We expect to engage in a debt financing through our U.S. mortgage insurance business later in 2020 which, along with existing cash and cash equivalents, would provide Genworth Holdings sufficient liquidity to meet its obligations and maintain business operations for one year from the issue date of the unaudited condensed consolidated financial statements. We believe this debt financing is probable to be effectively implemented given the value of the U.S. mortgage insurance business, the healthy conditions of the relevant credit markets, recent similar peer transactions and our history of similar refinancing transactions, among other factors.

In addition to the contractual obligations due within one year from the issue date of our unaudited condensed consolidated financial statements listed above, we also have, among other obligations, debt maturing in September 2021 of approximately $660 million and installment payments due to AXA under the secured promissory note as described above. Beyond management’s plans described above, we believe additional sources

 

163

---

Table of Contents

of cash coming from payments under tax sharing and expense reimbursement arrangements with subsidiaries, and if necessary, sales of assets, would provide us with sufficient capital flexibility and liquidity to meet our projected future operating and financing requirements. However, until the secured promissory note issued to AXA has been repaid, certain prepayment obligations thereunder place significant constraints on our ability to repay debt (other than the 2021 debt maturities) with the proceeds of new debt financing, equity offerings, asset sales or dividends from subsidiaries. We actively monitor our liquidity position, liquidity generation options and the credit markets given changing market conditions. Our cash management target is to maintain a cash buffer of two times expected annual external debt interest payments. We may move below or above our targeted cash buffer during any given quarter due to the timing of cash outflows and inflows or from future actions. We continue to evaluate our target level of liquidity as circumstances warrant. Additionally, we will continue to evaluate market influences on the valuation of our senior debt and may consider additional opportunities to repurchase our debt over time. We cannot predict with certainty the impact to us from future disruptions in the credit markets or the recent or any further future downgrades by one or more of the rating agencies of the financial strength ratings of our insurance company subsidiaries and/or the credit ratings of our holding company debt. In the absence of the transaction with China Oceanwide, we currently expect we would need to pursue a 19.9% public offering of our U.S. mortgage insurance business to address our debt maturities and other obligations. The timing and feasibility of such a potential transaction may adversely be affected by

COVID-19.

The availability of additional funding, including a debt financing or an equity offering through our U.S. mortgage insurance business, will depend on a variety of factors such as market conditions, regulatory considerations, the general availability of credit, the overall availability of credit to the financial services industry, credit ratings and credit capacity and the performance of and outlook for our U.S. mortgage insurance business. For a discussion of certain risks associated with our liquidity, see “Item 1A—Risk Factors—Our internal sources of liquidity may be insufficient to meet our needs and our access to capital may be limited or unavailable. Under such conditions, we may seek additional capital but may be unable to obtain it” and “Litigation and regulatory investigations or other actions are common in the insurance business and may result in financial losses and harm our reputation” in our 2019 Annual Report on Form

10-K.

These risks may be exacerbated by the economic impact of

COVID-19.

No references herein to any potential debt or equity financing constitutes an offering of securities.

Contractual obligations and commercial commitments

Except as disclosed above, there have been no material additions or changes to our contractual obligations as compared to the amounts disclosed within our 2019 Annual Report on Form

10-K

filed on February 27, 2020. For additional details related to our commitments, see note 12 in our unaudited condensed consolidated financial statements under “Item 1—Financial Statements.”

Supplemental Condensed Consolidating Financial Information

Genworth Financial provides a full and unconditional guarantee to the trustee of Genworth Holdings’ outstanding senior and subordinated notes and the holders of the senior and subordinated notes, on an unsecured unsubordinated and subordinated basis, respectively, of the full and punctual payment of the principal of, premium, if any and interest on, and all other amounts payable under, each outstanding series of senior notes and outstanding subordinated notes, and the full and punctual payment of all other amounts payable by Genworth Holdings under the senior and subordinated notes indentures in respect of such senior and subordinated notes. Genworth Holdings is a direct, 100% owned subsidiary of Genworth Financial.

The following supplemental condensed consolidating financial information of Genworth Financial and its direct and indirect subsidiaries has been prepared pursuant to rules regarding the preparation of consolidating financial information of

Regulation S-X,

as amended by the SEC on March 2, 2020. In the first quarter of 2020, we early applied new rules issued by the SEC by removing comparative prior year condensed consolidating financial information herein and presenting the supplemental condensed consolidating financial information outside the footnotes of our interim unaudited condensed consolidated financial statements. We continue to provide prior year annual period condensed consolidating financial information in accordance with the new amended rules.

 

164

---

Table of Contents

The supplemental condensed consolidating financial information presents the condensed consolidating balance sheet information as of June 30, 2020 and December 31, 2019, the condensed consolidating income statement information, the condensed consolidating comprehensive income statement information and the condensed consolidating cash flow statement information for the six months ended June 30, 2020 and for the year ended December 31, 2019.

The supplemental condensed consolidating financial information reflects Genworth Financial (“Parent Guarantor”), Genworth Holdings (“Issuer”) and each of Genworth Financial’s other direct and indirect subsidiaries (the “All Other Subsidiaries”) on a combined basis, none of which guarantee the senior notes or subordinated notes, as well as the eliminations necessary to present Genworth Financial’s financial information on a consolidated basis and total consolidated amounts.

The accompanying supplemental condensed consolidating financial information is presented based on the equity method of accounting for all periods presented. Under this method, investments in subsidiaries are recorded at cost and adjusted for the subsidiaries’ cumulative results of operations, capital contributions and distributions, and other changes in equity. Elimination entries include consolidating and eliminating entries for investments in subsidiaries and intercompany activity.

 

165

---

Table of Contents

The following table presents the condensed consolidating balance sheet information as of June 30, 2020:

 

(Amounts in millions)		Parent Guarantor				Issuer				All Other Subsidiaries				Eliminations				Consolidated
Assets
Investments:
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7)		$	—			$	—			$	63,544			$	—			$	63,544
Equity securities, at fair value			—				—				206				—				206
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4)			—				—				6,945				—				6,945
Less: Allowance for credit losses			—				—				(28	)			—				(28	)
Commercial mortgage loans, net			—				—				6,917				—				6,917
Policy loans			—				—				2,182				—				2,182
Other invested assets			—				50				2,423				—				2,473
Investments in subsidiaries			14,548				16,174				—				(30,722	)			—
Total investments			14,548				16,224				75,272				(30,722	)			75,322
Cash, cash equivalents and restricted cash			—				504				2,093				—				2,597
Accrued investment income			—				—				601				—				601
Deferred acquisition costs			—				—				1,718				—				1,718
Intangible assets and goodwill			—				—				223				—				223
Reinsurance recoverable			—				—				16,944				—				16,944
Less: Allowance for credit losses			—				—				(44	)			—				(44	)
Reinsurance recoverable, net			—				—				16,900				—				16,900
Other assets			5				188				261				—				454
Intercompany notes receivable			96				214				—				(310	)			—
Deferred tax assets			9				944				(667	)			—				286
Separate account assets			—				—				5,536				—				5,536
Total assets		$	14,658			$	18,074			$	101,937			$	(31,032	)		$	103,637
Liabilities and equity
Liabilities:
Future policy benefits		$	—			$	—			$	41,463			$	—			$	41,463
Policyholder account balances			—				—				22,921				—				22,921
Liability for policy and contract claims			—				—				11,280				—				11,280
Unearned premiums			—				—				1,804				—				1,804
Other liabilities			15				109				1,951				—				2,075
Intercompany notes payable			—				96				214				(310	)			—
Long-term borrowings			—				2,679				138				—				2,817
Separate account liabilities			—				—				5,536				—				5,536
Liabilities related to discontinued operations			—				653				—				—				653
Total liabilities			15				3,537				85,307				(310	)			88,549
Equity:
Common stock			1				—				3				(3	)			1
Additional paid-in capital			11,996				12,761				18,432				(31,193	)			11,996
Accumulated other comprehensive income (loss)			4,447				4,447				4,539				(8,986	)			4,447
Retained earnings			899				(2,671	)			(7,089	)			9,760				899
Treasury stock, at cost			(2,700	)			—				—				—				(2,700	)
Total Genworth Financial, Inc.’s stockholders’ equity			14,643				14,537				15,885				(30,422	)			14,643
Noncontrolling interests			—				—				745				(300	)			445
Total equity			14,643				14,537				16,630				(30,722	)			15,088
Total liabilities and equity		$	14,658			$	18,074			$	101,937			$	(31,032	)		$	103,637

 

166

---

Table of Contents

The following table presents the condensed consolidating balance sheet information as of December 31, 2019:

 

(Amounts in millions)		Parent Guarantor				Issuer				All Other Subsidiaries				Eliminations				Consolidated
Assets
Investments:
Fixed maturity securities available-for-sale, at fair value		$	—			$	—			$	60,539			$	(200	)		$	60,339
Equity securities, at fair value			—				—				239				—				239
Commercial mortgage loans ($47 are restricted related to a securitization entity)			—				—				6,963				—				6,963
Policy loans			—				—				2,058				—				2,058
Other invested assets			—				71				1,561				—				1,632
Investments in subsidiaries			14,079				15,090				—				(29,169	)			—
Total investments			14,079				15,161				71,360				(29,369	)			71,231
Cash, cash equivalents and restricted cash			—				1,461				1,880				—				3,341
Accrued investment income			—				—				657				(3	)			654
Deferred acquisition costs			—				—				1,836				—				1,836
Intangible assets and goodwill			—				—				201				—				201
Reinsurance recoverable			—				—				17,103				—				17,103
Other assets			4				201				239				(1	)			443
Intercompany notes receivable			119				132				—				(251	)			—
Deferred tax assets			13				821				(409	)			—				425
Separate account assets			—				—				6,108				—				6,108
Total assets		$	14,215			$	17,776			$	98,975			$	(29,624	)		$	101,342
Liabilities and equity
Liabilities:
Future policy benefits		$	—			$	—			$	40,384			$	—			$	40,384
Policyholder account balances			—				—				22,217				—				22,217
Liability for policy and contract claims			—				—				10,958				—				10,958
Unearned premiums			—				—				1,893				—				1,893
Other liabilities			30				118				1,285				(5	)			1,428
Intercompany notes payable			—				319				132				(451	)			—
Non-recourse funding obligations			—				—				311				—				311
Long-term borrowings			—				3,137				140				—				3,277
Separate account liabilities			—				—				6,108				—				6,108
Liabilities related to discontinued operations			—				134				—				—				134
Total liabilities			30				3,708				83,428				(456	)			86,710
Equity:
Common stock			1				—				3				(3	)			1
Additional paid-in capital			11,990				12,761				18,431				(31,192	)			11,990
Accumulated other comprehensive income (loss)			3,433				3,433				3,474				(6,907	)			3,433
Retained earnings			1,461				(2,126	)			(7,108	)			9,234				1,461
Treasury stock, at cost			(2,700	)			—				—				—				(2,700	)
Total Genworth Financial, Inc.’s stockholders’ equity			14,185				14,068				14,800				(28,868	)			14,185
Noncontrolling interests			—				—				747				(300	)			447
Total equity			14,185				14,068				15,547				(29,168	)			14,632
Total liabilities and equity		$	14,215			$	17,776			$	98,975			$	(29,624	)		$	101,342

 

167

---

Table of Contents

The following table presents the condensed consolidating income statement information for the six months ended June 30, 2020:

 

(Amounts in millions)		Parent Guarantor				Issuer				All Other Subsidiaries				Eliminations				Consolidated
Revenues:
Premiums		$	—			$	—			$	2,034			$	—			$	2,034
Net investment income			(2	)			5				1,579				(3	)			1,579
Net investment gains (losses)			—				8				(1	)			—				7
Policy fees and other income			—				2				356				(3	)			355
Total revenues			(2	)			15				3,968				(6	)			3,975
Benefits and expenses:
Benefits and other changes in policy reserves			—				—				2,847				—				2,847
Interest credited			—				—				280				—				280
Acquisition and operating expenses, net of deferrals			15				5				452				—				472
Amortization of deferred acquisition costs and intangibles			—				—				209				—				209
Goodwill impairment			—				—				5				—				5
Interest expense			—				92				10				(6	)			96
Total benefits and expenses			15				97				3,803				(6	)			3,909
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries			(17	)			(82	)			165				—				66
Provision (benefit) for income taxes			—				(17	)			53				—				36
Equity in income (loss) of subsidiaries			(491	)			96				—				395				—
Income (loss) from continuing operations			(508	)			31				112				395				30
Income (loss) from discontinued operations, net of taxes			1				(521	)			—				—				(520	)
Net income (loss)			(507	)			(490	)			112				395				(490	)
Less: net income from continuing operations attributable to noncontrolling interests			—				—				17				—				17
Less: net income from discontinued operations attributable to noncontrolling interests			—				—				—				—				—
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	(507	)		$	(490	)		$	95			$	395			$	(507	)

 

168

---

Table of Contents

The following table presents the condensed consolidating income statement information for the year ended December 31, 2019:

 

(Amounts in millions)		Parent Guarantor				Issuer				All Other Subsidiaries				Eliminations				Consolidated
Revenues:
Premiums		$	—			$	—			$	4,037			$	—			$	4,037
Net investment income			(3	)			10				3,228				(15	)			3,220
Net investment gains (losses)			—				(5	)			55				—				50
Policy fees and other income			—				2				792				(5	)			789
Total revenues			(3	)			7				8,112				(20	)			8,096
Benefits and expenses:
Benefits and other changes in policy reserves			—				—				5,163				—				5,163
Interest credited			—				—				577				—				577
Acquisition and operating expenses, net of deferrals			20				—				942				—				962
Amortization of deferred acquisition costs and intangibles			—				—				441				—				441
Interest expense			3				231				25				(20	)			239
Total benefits and expenses			23				231				7,148				(20	)			7,382
Income (loss) from continuing operations before income taxes and equity in income of subsidiaries			(26	)			(224	)			964				—				714
Provision (benefit) for income taxes			(3	)			(45	)			243				—				195
Equity in income of subsidiaries			366				177				—				(543	)			—
Income (loss) from continuing operations			343				(2	)			721				(543	)			519
Income (loss) from discontinued operations, net of taxes			—				(140	)			151				—				11
Net income (loss)			343				(142	)			872				(543	)			530
Less: net income from continuing operations attributable to noncontrolling interests			—				—				64				—				64
Less: net income from discontinued operations attributable to noncontrolling interests			—				—				123				—				123
Net income (loss) available to Genworth Financial, Inc.’s common stockholders		$	343			$	(142	)		$	685			$	(543	)		$	343

 

169

---

Table of Contents

The following table presents the condensed consolidating comprehensive income statement information for the six months ended June 30, 2020:

 

(Amounts in millions)		Parent Guarantor				Issuer				All Other Subsidiaries				Eliminations				Consolidated
Net income (loss)		$	(507	)		$	(490	)		$	112			$	395			$	(490	)
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities without an allowance for credit losses			363				363				363				(727	)			362
Net unrealized gains (losses) on securities with an allowance for credit losses			(8	)			(8	)			(8	)			16				(8	)
Derivatives qualifying as hedges			675				675				725				(1,400	)			675
Foreign currency translation and other adjustments			(16	)			(16	)			(25	)			32				(25	)
Total other comprehensive income (loss)			1,014				1,014				1,055				(2,079	)			1,004
Total comprehensive income			507				524				1,167				(1,684	)			514
Less: comprehensive income attributable to noncontrolling interests			—				—				7				—				7
Total comprehensive income available to Genworth Financial, Inc.’s common stockholders		$	507			$	524			$	1,160			$	(1,684	)		$	507

The following table presents the condensed consolidating comprehensive income statement information for the year ended December 31, 2019:

 

(Amounts in millions)		Parent Guarantor				Issuer				All Other Subsidiaries				Eliminations				Consolidated
Net income (loss)		$	343			$	(142	)		$	872			$	(543	)		$	530
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities not other-than- temporarily impaired			859				842				846				(1,701	)			846
Net unrealized gains (losses) on other-than-temporarily impaired securities			2				2				2				(4	)			2
Derivatives qualifying as hedges			221				221				247				(468	)			221
Foreign currency translation and other adjustments			307				224				486				(530	)			487
Total other comprehensive income (loss)			1,389				1,289				1,581				(2,703	)			1,556
Total comprehensive income			1,732				1,147				2,453				(3,246	)			2,086
Less: comprehensive income attributable to noncontrolling interests			—				—				354				—				354
Total comprehensive income available to Genworth Financial, Inc.’s common stockholders		$	1,732			$	1,147			$	2,099			$	(3,246	)		$	1,732

 

170

---

Table of Contents

The following table presents the condensed consolidating cash flow statement information for the six months ended June 30, 2020:

 

(Amounts in millions)		Parent Guarantor				Issuer				All Other Subsidiaries				Eliminations				Consolidated
Cash flows from (used by) operating activities:
Net income (loss)		$	(507	)		$	(490	)		$	112			$	395			$	(490	)
Less (income) loss from discontinued operations, net of taxes			(1	)			521				—				—				520
Adjustments to reconcile net income (loss) to net cash from (used by) operating activities:
Equity in income (loss) from subsidiaries			491				(96	)			—				(395	)			—
Dividends from subsidiaries			—				11				(11	)			—				—
Amortization of fixed maturity securities discounts and premiums			—				3				(53	)			—				(50	)
Net investment (gains) losses			—				(8	)			1				—				(7	)
Charges assessed to policyholders			—				—				(314	)			—				(314	)
Acquisition costs deferred			—				—				(9	)			—				(9	)
Amortization of deferred acquisition costs and intangibles			—				—				209				—				209
Goodwill impairment			—				—				5				—				5
Deferred income taxes			3				29				(4	)			—				28
Derivative instruments, limited partnerships and other			—				(54	)			245				—				191
Stock-based compensation expense			19				—				—				—				19
Change in certain assets and liabilities:
Accrued investment income and other assets			(1	)			(3	)			(122	)			(5	)			(131	)
Insurance reserves			—				—				674				—				674
Current tax liabilities			(6	)			23				(18	)			—				(1	)
Other liabilities, policy and contract claims and other policy-related balances			(15	)			(133	)			798				5				655
Net cash from (used by) operating activities			(17	)			(197	)			1,513				—				1,299
Cash flows from (used by) investing activities:
Proceeds from maturities and repayments of investments:
Fixed maturity securities			—				—				1,687				—				1,687
Commercial mortgage loans			—				—				302				—				302
Other invested assets			—				—				71				—				71
Proceeds from sales of investments:
Fixed maturity and equity securities			—				—				1,657				—				1,657
Purchases and originations of investments:
Fixed maturity and equity securities			—				—				(4,166	)			—				(4,166	)
Commercial mortgage loans			—				—				(271	)			—				(271	)
Other invested assets			—				—				(236	)			—				(236	)
Short-term investments, net			—				20				39				—				59
Policy loans, net			—				—				10				—				10
Intercompany notes receivable			23				(82	)			200				(141	)			—
Capital contributions to subsidiaries			(1	)			—				1				—				—
Net cash from (used by) investing activities			22				(62	)			(706	)			(141	)			(887	)
Cash flows used by financing activities:
Deposits to universal life and investment contracts			—				—				516				—				516
Withdrawals from universal life and investment contracts			—				—				(914	)			—				(914	)
Redemption of non-recourse funding obligations			—				—				(315	)			—				(315	)
Repayment and repurchase of long-term debt			—				(471	)			—				—				(471	)
Dividends paid to noncontrolling interests			—				—				(9	)			—				(9	)
Intercompany notes payable			—				(223	)			82				141				—
Other, net			(5	)			(4	)			58				—				49
Net cash used by financing activities			(5	)			(698	)			(582	)			141				(1,144	)
Effect of exchange rate changes on cash, cash equivalents and restricted cash			—				—				(12	)			—				(12	)
Net change in cash, cash equivalents and restricted cash			—				(957	)			213				—				(744	)
Cash, cash equivalents and restricted cash at beginning of period			—				1,461				1,880				—				3,341
Cash, cash equivalents and restricted cash at end of period			—				504				2,093				—				2,597
Less cash, cash equivalents and restricted cash of discontinued operations at end of period			—				—				—				—				—
Cash, cash equivalents and restricted cash of continuing operations at end of period		$	—			$	504			$	2,093			$	—			$	2,597

 

171

---

Table of Contents

The following table presents the condensed consolidating cash flow statement information for the year ended December 31, 2019:

 

(Amounts in millions)		Parent Guarantor				Issuer				All Other Subsidiaries				Eliminations				Consolidated
Cash flows from operating activities:
Net income (loss)		$	343			$	(142	)		$	872			$	(543	)		$	530
Less (income) loss from discontinued operations, net of taxes			—				140				(151	)			—				(11	)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Equity in income from subsidiaries			(366	)			(177	)			—				543				—
Dividends from subsidiaries			250				1,352				(1,602	)			—				—
Amortization of fixed maturity securities discounts and premiums			—				8				(126	)			—				(118	)
Net investment (gains) losses			—				5				(55	)			—				(50	)
Charges assessed to policyholders			—				—				(699	)			—				(699	)
Acquisition costs deferred			—				—				(27	)			—				(27	)
Amortization of deferred acquisition costs and intangibles			—				—				441				—				441
Deferred income taxes			1				132				6				—				139
Derivative instruments and limited partnerships			—				(35	)			(63	)			—				(98	)
Stock-based compensation expense			26				—				1				—				27
Change in certain assets and liabilities:
Accrued investment income and other assets			—				7				(365	)			—				(358	)
Insurance reserves			—				—				1,259				—				1,259
Current tax liabilities			16				(43	)			53				—				26
Other liabilities, policy and contract claims and other policy-related balances			(17	)			(44	)			668				2				609
Cash from operating activities—discontinued operations			—				134				275				—				409
Net cash from operating activities			253				1,337				487				2				2,079
Cash flows from (used by) investing activities:
Proceeds from maturities and repayments of investments:
Fixed maturity securities			—				—				3,436				—				3,436
Commercial mortgage loans			—				—				582				—				582
Restricted commercial mortgage loans related to a securitization entity			—				—				15				—				15
Proceeds from sales of investments:
Fixed maturity and equity securities			—				—				3,883				—				3,883
Purchases and originations of investments:
Fixed maturity and equity securities			—				—				(6,899	)			—				(6,899	)
Commercial mortgage loans			—				—				(813	)			—				(813	)
Other invested assets, net			—				5				(392	)			(2	)			(389	)
Policy loans, net			—				—				62				—				62
Intercompany notes receivable			(119	)			48				6				65				—
Capital contributions to subsidiaries			(5	)			—				5				—				—
Proceeds from sale of business, net of cash transferred			—				—				1,398				—				1,398
Cash from investing activities—discontinued operations			—				—				26				—				26
Net cash from (used by) investing activities			(124	)			53				1,309				63				1,301
Cash flows used by financing activities:
Deposits to universal life and investment contracts			—				—				824				—				824
Withdrawals from universal life and investment contracts			—				—				(2,319	)			—				(2,319	)
Repayment and repurchase of long-term debt			—				(446	)			—				—				(446	)
Intercompany notes payable			(122	)			112				75				(65	)			—
Repurchase of subsidiary shares			—				—				(22	)			—				(22	)
Dividends paid to noncontrolling interests			—				—				(87	)			—				(87	)
Other, net			(7	)			(24	)			(4	)			—				(35	)
Cash used by financing activities—discontinued operations			—				—				(132	)			—				(132	)
Net cash used by financing activities			(129	)			(358	)			(1,665	)			(65	)			(2,217	)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $6 related to discontinued operations)			—				—				1				—				1
Net change in cash, cash equivalents and restricted cash			—				1,032				132				—				1,164
Cash, cash equivalents and restricted cash at beginning of period			—				429				1,748				—				2,177
Cash, cash equivalents and restricted cash at end of period			—				1,461				1,880				—				3,341
Less cash, cash equivalents and restricted cash of discontinued operations at end of period			—				—				—				—				—
Cash, cash equivalents and restricted cash of continuing operations at end of period		$	—			$	1,461			$	1,880			$	—			$	3,341

 

172

---

Table of Contents

Our insurance company subsidiaries are restricted by state and foreign laws and regulations as to the amount of dividends they may pay to their parent without regulatory approval in any year, the purpose of which is to protect affected insurance policyholders and contractholders, not stockholders. Any dividends in excess of limits are deemed “extraordinary” and require approval. Based on statutory results as of December 31, 2019, in accordance with applicable dividend restrictions, our subsidiaries could pay dividends of approximately $300 million to us in 2020, and the remaining net assets are considered restricted. While the $300 million is considered unrestricted, our insurance subsidiaries will not pay dividends to us in 2020 at this level as they need to retain capital to meet regulatory requirements and preserve desired capital thresholds. As of June 30, 2020, Genworth Financial’s and Genworth Holdings’ subsidiaries had restricted net assets of $14.2 billion and $15.9 billion, respectively.

Securitization Entities

There were no

off-balance

sheet securitization transactions during the six months ended June 30, 2020 or 2019.

New Accounting Standards

For a discussion of recently adopted accounting standards, see note 2 in our unaudited condensed consolidated financial statements under “Item 1—Financial Statements.”

 

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Market risk is the risk of the loss of fair value resulting from adverse changes in market rates and prices, such as interest rates, foreign currency exchange rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded. Except as disclosed below and in our executive summary under “Item 2—Management’s Discussion and Analysis of Financial Condition and Results of

Operations—COVID-19

Summary,” there were no other material changes in our market risks since December 31, 2019. See “—Business trends and conditions” and “—Investments and Derivative Instruments” in “Item 2—Management’s Discussion and Analysis of Financial Condition and Results of Operations” for further discussion of recent market conditions, including changes in interest rates.

We are exposed to foreign currency exchange risks associated with fluctuations in foreign currency exchange rates against the U.S. dollar resulting from our international operations and

non-U.S.-denominated

securities. Our primary international operations are located in Australia. The assets and liabilities of our international operations are translated into U.S. dollars at the exchange rates in effect at the balance sheet date, while revenues and expenses of our international operations are translated into U.S. dollars at the average rates of exchange during the period of the transaction. In general, the weakening of the U.S. dollar results in higher levels of reported assets, liabilities, revenues and net income (loss). As of June 30, 2020, the U.S. dollar strengthened against the Australian dollar compared to the respective balance sheet rate as of December 31, 2019. In the second quarter of 2020, the U.S. dollar strengthened against the Australian dollar compared to the respective average rate in the second quarter of 2019. See “Item 2—Management’s Discussion and Analysis of Financial Condition and Results of Operations” for further discussion on the impact of changes in foreign currency exchange rates.

 

Item 4.

Controls and Procedures

Evaluation of Disclosure Controls and Procedures

As of June 30, 2020, an evaluation was conducted under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of our disclosure controls and procedures (as defined in Rules

13a-15(e)

and

15d-15(e)

under the Securities Exchange Act of 1934). Based on this evaluation, the Chief Executive Officer and the Chief Financial Officer concluded that our disclosure controls and procedures were effective as of June 30, 2020.

 

173

---

Table of Contents

Changes in Internal Control Over Financial Reporting During the Quarter Ended June 30, 2020

During the three months ended June 30, 2020, there have been no changes in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II—OTHER INFORMATION

 

Item 1.

Legal Proceedings

See note 12 in our unaudited condensed consolidated financial statements under “Part 1—Item 1—Financial Statements” for a description of material pending litigation and regulatory matters affecting us.

 

Item 1A.

Risk Factors

The discussion of our business and operations should be read together with the risk factors contained in Item 1A of our 2019 Annual Report on Form

10-K,

which together describe various risks and uncertainties to which we are or may become subject. These risks and uncertainties have the potential to affect our business, financial condition, results of operations, cash flows, strategies or prospects in a material and adverse manner. Except as disclosed below, there have been no material changes to the risk factors set forth in the above-referenced filing as of June 30, 2020.

COVID-19

could materially adversely affect our financial condition and results of operations.

COVID-19

has brought unprecedented changes to the global economy. Large scale disruption in the U.S. economy is leaving several industries

non-operational

through state and federal mandated shutdowns in an effort to contain the spread of

COVID-19.

Unemployment claims have increased significantly, reducing consumer confidence to its lowest level since the 2008 financial crisis. The level of uncertainty created by

COVID-19

is

far-reaching

and difficult to estimate. We are unsure of the ultimate impact

COVID-19

will have on our business, and conditions, including economic and operational, are evolving rapidly.

COVID-19

exposes our business to significant risks, including interest rate declines, significantly higher levels of unemployment, liquidity pressures, credit risk on our investment portfolio, equity market volatility, and operational, information technology and personnel risks. We could experience significant declines in asset valuations and potential material asset impairments, as well as unexpected changes in persistency rates, as policyholders and contractholders who are affected by the pandemic may not be able to meet their contractual obligations, such as premium payments on their insurance policies, deposits to their investment products, or mortgage payments on their loans insured by our mortgage insurance policies. The pandemic has decreased historically low interest rates further and could also significantly increase our mortality and morbidity experience and/or impact our ability to successfully implement

in-force

rate actions (including increased premiums and associated benefit reductions), all of which could result in higher reserve charges and an adverse impact to our financial results in our U.S. life insurance businesses. Regarding our mortgage insurance businesses,

COVID-19

has resulted in significantly higher levels of unemployment, which has and may continue to increase delinquencies, and could reduce mortgage originations, the need for mortgage insurance and have an adverse effect on home prices, all of which would result in a significant adverse impact to our financial condition and results of operations in our mortgage insurance businesses. Losses in our mortgage insurance businesses could lead to lower credit ratings and impaired capital, which could hinder our mortgage insurance businesses from offering their products, preclude them from returning capital to our holding company for prolonged periods of time, and thereby harm our liquidity.

COVID-19

could also disrupt medical and financial services and has resulted in us practicing social distancing with our employees through office closures, all of which could disrupt our normal business operations. The level of disruption, the economic downturn, the global recession, and the

far-reaching

effects of

COVID-19

could negatively affect our investment portfolio and cause the harms to our business to persist for long periods of time. As a result of the foregoing, any of the risks identified above or other related

COVID-19

risks may have a material adverse impact on us, including a material adverse effect on our financial condition and results of operations.

 

174

---

Table of Contents

Item 6.

Exhibits

 

Number		Description
2.1		Fifteenth Waiver and Agreement, dated as of June 30, 2020, by and among Genworth Financial, Inc., Asia Pacific Global Capital Co., Ltd., and Asia Pacific Global Capital USA Corporation (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed on June 30, 2020)
10.1§		Form of 2020-2022 Performance Stock Unit Award Agreement under the 2018 Genworth Financial, Inc. Omnibus Incentive Plan (filed herewith)
10.2§		Form of 2020-2022 Restricted Stock Award Agreement under the 2018 Genworth Financial, Inc. Omnibus Incentive Plan (filed herewith)
10.3§		Form of 2020-2022 Cash Based Award Agreement under the 2018 Genworth Financial, Inc. Omnibus Incentive Plan (filed herewith)
10.4		Secured Promissory Note, dated as of July 20, 2020, issued by Genworth Financial, Inc. and Genworth Financial International Holdings, LLC to AXA S.A. (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed on July 20, 2020)
31.1		Certification of Thomas J. McInerney (filed herewith)
31.2		Certification of Kelly L. Groh (filed herewith)
32.1		Certification Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code—Thomas J. McInerney (filed herewith)
32.2		Certification Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code—Kelly L. Groh (filed herewith)
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
104		The cover page for the Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2020, has been formatted in Inline XBRL

 

§	Management contract or compensatory plan or arrangement.

 

175

---

Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

						GENWORTH FINANCIAL, INC. (Registrant)
Date: August 5, 2020
				By:		/s/    Matthew D. Farney
						Matthew D. Farney Vice President and Controller (Principal Accounting Officer)

 

176

Exhibit 10.1

2018 Genworth Financial, Inc. Omnibus Incentive Plan

2020-2022 Performance Stock Unit Award Agreement

 

 

Dear [Participant Name]:

You have been selected to receive a Performance Stock Unit Award (“Award”) under the 2018 Genworth Financial, Inc. Omnibus Incentive Plan (the “Plan”), on the terms and conditions set forth below. This Award Agreement and the Plan together govern your rights under this Award and set forth all of the conditions and limitations affecting such rights. Unless the context otherwise requires, capitalized terms used in this Award Agreement shall have the meanings ascribed to them in the Plan. If there is any inconsistency between the terms of this Award Agreement and the terms of the Plan, the Plan’s terms shall supersede and replace the conflicting terms of this Award Agreement.

 

1.

Grant of Performance Stock Units. You are hereby granted performance stock units (“Units”), representing the right to earn, on a one-for-one basis, Shares of Genworth Financial, Inc. (together with its affiliates, the “Company”) Class A common stock (“Shares”), all in accordance with the terms of this Award Agreement, the Plan, and any rules and procedures adopted by the Management Development and Compensation Committee of the Genworth Financial, Inc. Board of Directors (the “Committee”). The Units represent the right to earn from 0% to 200% of the Target Award, based on (i) your continued future employment, and (ii) the Company’s level of achievement of the Performance Goals during the Performance Period, in accordance with the terms of this Award Agreement.

 

a.

Grant Date. The Grant Date of your Units is [Grant Date].

 

b.

Target Award. The Target Award of Shares subject to this Award is [Number of Shares Granted].

 

c.

Performance Goals. The Performance Goals are described on Exhibit A.

 

d.

Performance Period. The Performance Period is set forth on Exhibit A.

 

2.

Agreement to Participate. You have been provided with this Award Agreement, and you have the opportunity to accept this Award Agreement, by accessing and following the procedures set forth on the stock plan administrator’s website. The Plan is available for your reference on the stock plan administrator’s website. You may also request a copy of the Plan at any time by contacting Human Resources at the address or telephone number set forth in Section 12(a). By agreeing to participate, you acknowledge that you have reviewed the Plan and this Award Agreement, and you fully understand all of your rights under the Plan and this Award Agreement, the Company’s remedies if you violate the terms of this Award Agreement, and all of the terms and conditions which may limit your eligibility to retain and receive the Units and/or Shares issued pursuant to the Plan and this Award Agreement.

If you do not wish to accept the Units and participate in the Plan and be subject to the provisions of the Plan and this Award Agreement, please contact the Human Resources Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or at (804) 281-6000, within thirty (30) days of receipt of this Award Agreement. If you do not respond within thirty (30) days of receipt of this Award Agreement, the Award Agreement is deemed accepted. If you choose to participate in the Plan, you agree to abide by all of the governing terms and provisions of the Plan and this Award Agreement.

 

3.

Earning and Vesting of Units. The Units shall not provide you with any rights or interests therein until the Units have been earned and vested. Not later than March 15 following the end of the Performance Period (the “Vesting Date”), the Committee shall determine and certify the level of achievement of the Performance Goals and determine the number of Units earned and vested (“Confirmed Units”). Any Units that fail to vest in accordance with the terms of this Award Agreement will be forfeited and reconveyed to the Company without further consideration or any act or action by you.

 

1

---

4.	Conversion to Shares. The Confirmed Units shall automatically convert to Shares on the Vesting Date (the “Conversion Date”). These Shares will be registered on the books of the Company in your name as of the Conversion Date.

If for any reason the Committee is unable to certify the level of achievement of the Performance Goals by March 15 following the end of the Performance Period, then the Vesting Date shall be March 15 following the end of the Performance Period, but the determination of the number of Confirmed Units and the Conversion Date shall be delayed, in the discretion of the Committee, for such period as may be required for the Committee to certify the level of achievement of the Performance Goals, but in no event shall the Conversion Date extend beyond December 31, 2022.

 

5.

Treatment of Units Upon Termination of Employment. Subject to Section 6 below, the Units shall be immediately and automatically cancelled upon termination of your service with the Company prior to the Vesting Date, for any reason other than (i) a severance-benefit eligible “Layoff” as defined or described in the Genworth Layoff Payment Plan (a “Layoff”), (ii) your death or Total Disability, or (iii) Retirement on or after the first anniversary of the Grant Date. If your service with the Company terminates prior to the Vesting Date as a result of (i) a Layoff, (ii) your death or Total Disability, or (iii) Retirement on or after the first anniversary of the Grant Date, then the Award shall fully vest as of your termination date, and you (or your estate, in the event of your death) shall receive a pro rata payout on the regular Conversion Date, determined by multiplying the Confirmed Units that otherwise would have paid out based on actual performance for the entire Performance Period, multiplied by a fraction, the numerator of which is the number of full months elapsed from January 1, 2020 until the date of your termination, and the denominator of which is 36.

For purposes of this Award Agreement, the following terms shall have the following meanings:

“Retirement” shall mean your voluntary resignation on or after you have attained age sixty (60) and accumulated five (5) or more years of combined and continuous service with the Company.

“Total Disability” means that you are unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months.

 

6.	Change of Control. In the event of a Change of Control of the Company (as defined in the Plan), the Units shall be treated as set forth in this Section 6.

 

a.

Qualifying Change of Control and Awards are Not Assumed. Upon the occurrence of a Qualifying Change of Control (as defined below) on or after the first anniversary of the Grant Date in which the Successor Entity fails to Assume and Maintain this Award of Units, the Units shall immediately vest as of the effective date of such Qualifying Change of Control; shall be deemed earned based on actual pro rata performance as of the date of such Qualifying Change of Control, to the extent such performance can be reasonably established in the sole discretion of the Committee, or otherwise based on an assumed achievement of all relevant performance goals at “target” levels, if actual pro rata performance cannot be reasonably established in the sole discretion of the Committee; shall be distributed or paid to you within thirty (30) days following the date of the Qualifying Change of Control pro rata based on the portion of the performance period elapsed on the date of the Qualifying Change of Control in cash, Shares (based on the value of the Shares as of the effective date of the Change of Control), other securities, or any combination, as determined by the Committee; and shall thereafter terminate, provided that the circumstances giving rise to such Qualifying Change of Control meet the definition of a “change in control event” under Code Section 409A.

 

b.

Employment Termination without Cause or for Good Reason within 12 Months of a Qualifying Change of Control. If a Qualifying Change of Control occurs and the Successor Entity

2020 PSU

 

2

---

Assumes and Maintains this Award of Units, and if your service with the Successor Entity and its Affiliates is terminated on or after the first anniversary of the Grant Date by the Successor Entity or one of its Affiliates without Cause (other than such termination resulting from your death or Total Disability) or by you for Good Reason (as such terms are defined below) within twelve (12) months following the effective date of such Qualifying Change of Control, then the Units shall immediately vest as of the date of termination of your service with the Successor Entity and its Affiliates; shall be deemed earned based on actual pro rata performance as of the date of termination of your service with the Company, to the extent such performance can be reasonably established in the sole discretion of the Committee, or otherwise based on an assumed achievement of all relevant performance goals at “target” levels, if actual pro rata performance cannot be reasonably established in the sole discretion of the Committee; shall be distributed or paid to you within thirty (30) days following the date of termination of your service with the Successor Entity and its Affiliates pro rata based on the portion of the performance period elapsed as of the termination of your service with the Successor Entity and its Affiliates; and shall thereafter terminate.

 

c.

Employment Termination without Cause or for Good Reason within 12 Months of a Non-Qualifying Change of Control. If a Non-Qualifying Change of Control (as defined below) occurs and if your service with the Company is terminated on or after the first anniversary of the Grant Date by the Company without Cause (other than such termination resulting from your death or Total Disability) or by you for Good Reason within twelve (12) months following the effective date of the Non-Qualifying Change of Control, then the Units shall immediately vest as of the date of termination of your service with the Company; shall be deemed earned based on actual pro rata performance as of the date of termination of your service with the Company, to the extent such performance can be reasonably established in the sole discretion of the Committee, or otherwise based on an assumed achievement of all relevant performance goals at “target” levels, if actual pro rata performance cannot be reasonably established in the sole discretion of the Committee; shall be distributed or paid to you within thirty (30) days following the date of termination of your service with the Company pro rata based on the portion of the performance period elapsed on the date of the Change of Control; and shall thereafter terminate.

 

d.

Defined Terms. For purposes of this Award Agreement:

 

(i)

“Business Unit Sale” shall mean the Company’s sale or disposition of all or any portion of a business unit.

 

(ii)

“Cause” shall mean (i) your willful and continued failure to substantially perform your duties with the Company (other than any such failure resulting from your Total Disability); (ii) your commission, conviction or pleading guilty or nolo contendere (or any similar plea or admission) to any felony or any act of fraud, misappropriation or embezzlement; (iii) your willful engagement in conduct (other than conduct covered under clause (i) above) which, in the good faith judgment of the Committee, is injurious to the Company, monetarily or otherwise; or (iv) your material violation or breach of any Company policy, or any noncompetition, confidentiality, or other restrictive covenant with respect to the Company, that applies to you; provided, however, that for purposes of clauses (i) and (ii) of this definition, no act, or failure to act, on your part shall be deemed “willful” unless done, or omitted to be done, by you not in good faith and without reasonable belief that the act, or failure to act, was in the best interests of the Company.

 

(iii)

“Good Reason” shall mean any material reduction in the aggregate value of your compensation (including base salary and bonus), or a substantial reduction in the aggregate value of benefits provided to you; provided, however, that Company-initiated across-the-board reductions in compensation or benefits affecting substantially all employees shall alone not be considered Good Reason.

 

(iv)

“Non-Qualifying Change of Control” shall mean a Change of Control of the Company (as defined in the Plan) that results from a Business Unit Sale, provided that following such Change of Control (i) the Company remains in existence as a publicly-traded company

2020 PSU

 

3

---

(separate and apart from any Successor Entity resulting from the Change of Control, and regardless of whether the Company continues to use the name “Genworth Financial, Inc.” or a different name), (ii) your employment with the Company is not terminated by the Company without Cause in connection with the Change in Control, and (iii) the Units subject to this Award Agreement remain outstanding.

 

(v)

“Qualifying Change of Control” shall mean a Change of Control of the Company (as defined in the Plan) that is not a Non-Qualifying Change of Control.

 

7.	Restrictive Covenants. As a condition to receiving payment of the Award, you agree to the following:

 

a.

Non-Disparagement. Subject to any obligations you may have under applicable law, you will not make or cause to be made any statements that disparage, are inimical to, or damage the reputation of the Company or any of its agents, officers, directors or employees. Nothing in this section shall limit your ability to provide truthful testimony or information in response to a subpoena, court order, or investigation by a government agency.

 

b.

Non-Solicitation of Customers or Clients. Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company for any reason, directly or through another person, solicit or contact any of the customers or clients of the Company with whom you had material contact during your employment, regardless of the location of such customers or clients, for the purpose of engaging in, providing, marketing, or selling any services or products that are competitive with the services and products being offered by the Company.

 

c.

Non-Solicitation of Company Employees. Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company, directly or through another person, solicit or encourage any director, agent or employee of the Company to terminate his or her employment or other engagement with the Company.

 

8.

Payment of Taxes. The Company has the authority and the right to deduct or withhold, or require you to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including your FICA obligation), domestic or foreign, required by law to be withheld with respect to any taxable event arising as a result of the vesting or payment of this Award. With respect to such withholding, the employer may satisfy the tax withholding requirement by withholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined equal to the amount required to be withheld in accordance with applicable tax requirements, all in accordance with such procedures as the Committee establishes. The obligations of the Company under this Award Agreement will be conditional on such payment or arrangements, and the Company will, to the extent permitted by law, have the right to deduct in cash or Shares any such taxes from any payment of any kind otherwise due to you.

 

9.

Nontransferability. This Award may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated (“Transfer”), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the Award is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon this Award, your right to receive any payment pursuant to the terms of this Award shall be immediately and automatically be forfeited, and this Award Agreement shall be null and void.

 

10.

Administration. This Award Agreement and your rights hereunder are subject to all the terms and conditions of the Plan, as the same may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. It is expressly understood that the Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the administration of the Plan and this Award Agreement, all of which shall be binding upon

2020 PSU

 

4

---

you. The Committee’s interpretation of the Plan and this Award Agreement, and all decisions and determinations by the Committee with respect to the Plan and this Award Agreement, shall be final, binding, and conclusive on all parties.

 

11.

Limitation of Rights. The Units do not confer to you or your beneficiary, executors or administrators any rights of a stockholder of the Company unless and until Shares are in fact issued to such person in connection with the Units. This Award Agreement shall not confer upon you any right to continuation of employment by the Company, nor shall this Award Agreement interfere in any way with the Company’s right to terminate your employment at any time.

 

12.	Plan; Prospectus and Related Documents; Electronic Delivery.

 

a.

A copy of the Plan will be furnished upon written or oral request made to the Human Resources Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or telephone (804) 281-6000.

 

b.

As required by applicable securities laws, the Company is delivering to you a prospectus in connection with this Award, which delivery is being made electronically. A paper copy of the prospectus may also be obtained without charge by contacting the Human Resources Department at the address or telephone number listed above. By accepting this Award Agreement, you shall be deemed to have consented to receive the prospectus electronically.

 

c.

The Company will deliver to you electronically a copy of the Company’s Annual Report to Stockholders for each fiscal year, as well as copies of all other reports, proxy statements and other communications distributed to the Company’s stockholders. You will be provided notice regarding the availability of each of these documents, and such documents may be accessed by going to the Company’s website at www.genworth.com and clicking on “Investors” and then “SEC Filings & Financial Reports” (or, if the Company changes its web site, by accessing such other web site address(es) containing investor information to which the Company may direct you in the future) and will be deemed delivered to you upon posting or filing by the Company. Upon written or oral request, paper copies of these documents (other than certain exhibits) may also be obtained by contacting the Company’s Human Resources Department at the address or telephone number listed above or by contacting the Investor Relations Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or telephone (804) 281-6000.

 

d.

By accepting this Award, you agree and consent, to the fullest extent permitted by law, in lieu of receiving documents in paper format to accept electronic delivery of any documents that the Company may be required to deliver in connection with this Award and any other Awards granted to you under the Plan. Electronic delivery of a document may be via a Company e-mail or by reference to a location on a Company intranet or internet site to which you have access.

 

13.

Amendment, Modification, Suspension, and Termination. Subject to the terms of the Plan, this Award Agreement may be modified or amended by the Committee; provided that no such amendment shall materially and adversely affect your rights hereunder without your consent. Notwithstanding the foregoing, you hereby expressly agree to any amendment to the Plan and this Award Agreement to the extent necessary to comply with applicable law or changes to applicable law (including, but not limited to, Code Section 409A) and related regulations or other guidance and federal securities laws.

 

14.

Entire Agreement; Plan Controls. This Award Agreement, the Plan, and the rules and procedures adopted by the Committee contain all of the provisions applicable to the Award and no other statements, documents or practices may modify, waive or alter such provisions unless expressly set forth in writing, signed by an authorized officer of the Company and delivered to you. In the event of any actual or alleged conflict between the provisions of the Plan and the provisions of this Award Agreement, the provisions of the Plan shall be controlling and determinative.

 

15.	Compensation Recoupment Policy. This Award shall be subject to any compensation recoupment policy of the Company that is applicable by its terms to you and to Awards of this type.

2020 PSU

 

5

---

16.	Successors. This Award Agreement shall be binding upon any successor of the Company, in accordance with the terms of this Award Agreement and the Plan.

PLEASE REFER ANY QUESTIONS YOU MAY HAVE REGARDING YOUR PERFORMANCE STOCK UNIT AWARD TO THE EXECUTIVE VICE PRESIDENT OF HUMAN RESOURCES.

2020 PSU

 

6

Exhibit 10.2

2018 Genworth Financial, Inc. Omnibus Incentive Plan

2020-2022 Restricted Stock Unit Award Agreement

 

 

Dear [Participant Name]:

This Award Agreement and the 2018 Genworth Financial, Inc. Omnibus Incentive Plan (the “Plan”) together govern your rights under this Award Agreement and set forth all of the conditions and limitations affecting such rights. Unless the context otherwise requires, capitalized terms used in this Award Agreement shall have the meanings ascribed to them in the Plan. If there is any inconsistency between the terms of this Award Agreement and the terms of the Plan, the Plan’s terms shall supersede and replace the conflicting terms of this Award Agreement.

 

1.

Grant. You are hereby granted Restricted Stock Units (“RSUs”), which vest (become non-forfeitable) based on your continued future employment with the Company and/or certain other events, as set forth in Section 3 below. Each vested RSU entitles you to receive from Genworth Financial, Inc. (together with its Affiliates, the “Company”) one Share of the Company’s Class A common stock (“Share”), as set forth in Section 6 below, all in accordance with the terms and conditions of this Award Agreement, the Plan, and any rules and procedures adopted by the Committee.

 

a.

Grant Date: [Grant Date] (the “Grant Date”)

 

b.

Number of RSUs: [Number of Awards Granted]

 

c.

Vesting Dates. The RSUs shall not provide you with any rights or interests therein until the RSUs vest. Unless vesting is accelerated as provided in Section 3 herein or otherwise in the discretion of the Committee as permitted under the Plan, one-third of the RSUs (rounded to a whole Share) shall vest (become non-forfeitable) on each of the first, second and third anniversaries of the Grant Date (each, a “Vesting Date”), provided that you have been continuously in the service of the Company or one through such dates.

 

2.

Agreement to Participate. You have been provided with this Award Agreement, and you have the opportunity to accept this Award Agreement, by accessing and following the procedures set forth on the stock plan administrator’s website. The Plan is available for your reference on the stock plan administrator’s website. You may also request a copy of the Plan at any time by contacting Human Resources at the address or telephone number set forth below in Section 14(a). By agreeing to participate, you acknowledge that you have reviewed the Plan and this Award Agreement, and you fully understand all of your rights under the Plan and this Award Agreement, the Company’s remedies if you violate the terms of this Award Agreement, and all of the terms and conditions which may limit your eligibility to retain and receive the RSUs and/or Shares issued pursuant to the Plan and this Award Agreement.

If you do not wish to accept the RSUs and participate in the Plan and be subject to the provisions of the Plan and this Award Agreement, please contact the Human Resources Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or at (804) 281-6000, within thirty (30) days of receipt of this Award Agreement. If you do not respond within thirty (30) days of receipt of this Award Agreement, the Award Agreement is deemed accepted. If you choose to participate in the Plan, you agree to abide by all of the governing terms and provisions of the Plan and this Award Agreement.

 

3.	Vesting of RSUs. The RSUs have been credited to a bookkeeping account on your behalf. The RSUs will vest and become non-forfeitable as follows:

 

a.

Designated Vesting Dates. The RSUs will vest on the designated Vesting Dates provided in Section 1(c), provided that you have been continuously in the service of the Company through such dates. Unvested RSUs shall be immediately cancelled upon termination of your service with the Company, except as provided in Sections 3(b), (c), (d), (e), (f) and (g) below.

 

1

---

b.

Employment Termination Due to Death or Total Disability. If your service with the Company terminates as a result of your death or Total Disability, then all of your unvested RSUs shall immediately vest. For purposes of this Award Agreement, “Total Disability” means that you are unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months.

 

c.

Employment Termination for Retirement. If, on or after the first anniversary of the Grant Date, your service with the Company terminates as a result of your voluntary resignation on or after you have attained age sixty (60) and accumulated five (5) or more years of combined and continuous service with the Company, then all of your unvested RSUs shall automatically vest.

 

d.

Employment Termination Due to Layoff. If your service with the Company terminates as a result of a severance-benefit eligible “Layoff” as defined or described in the Genworth Layoff Payment Plan, you shall continue to vest in any RSUs that vest after the Notice Date but before the Layoff Date (“Notice Date” and “Layoff Date” as defined in the Genworth Layoff Payment Plan). Additionally, the RSUs, if any, that are scheduled to vest on the next designated Vesting Date after the Layoff Date shall vest on that Vesting Date as provided in Section 1(c); all remaining and subsequently-vesting RSUs shall be forfeited as provided in Section 4 immediately on the Layoff Date.

 

e.

Qualifying Change of Control and Awards are Not Assumed. Upon the occurrence of a Qualifying Change of Control in which the Successor Entity fails to Assume and Maintain this Award of RSUs, all of your unvested RSUs shall immediately vest as of the effective date of the Qualifying Change of Control, provided that the circumstances giving rise to such Qualifying Change of Control meet the definition of a “change in control event” under Code Section 409A.

 

f.

Employment Termination without Cause or for Good Reason within 12 Months of a Qualifying Change of Control. If a Qualifying Change of Control occurs and the Successor Entity Assumes and Maintains this Award of RSUs, and if your service with the Successor Entity and its Affiliates is terminated by the Successor Entity or one of its Affiliates without Cause (other than such termination resulting from your death or Total Disability) or by you for Good Reason within twelve (12) months following the effective date of the Qualifying Change of Control, then all of your unvested RSUs shall immediately vest as of the date of such termination of service.

 

g.

Employment Termination without Cause or for Good Reason within 12 Months of a Non-Qualifying Change of Control. If a Non-Qualifying Change of Control occurs and if your service with the Company is terminated by the Company without Cause (other than such termination resulting from your death or Total Disability) or by you for Good Reason within twelve (12) months following the effective date of the Non-Qualifying Change of Control, then all of your unvested RSUs shall immediately vest as of the date of such termination of service.

 

4.

Forfeiture of RSUs Upon Termination of Employment. If your employment terminates prior to the designated Vesting Dates provided in Section 1(c) for any reason other than as described in Section 3 above, you shall forfeit all right, title and interest in and to the RSUs as of the date of such termination and the RSUs will be reconveyed to the Company without further consideration or any act or action by you. Any RSUs that fail to vest in accordance with the terms of this Award Agreement will be forfeited and reconveyed to the Company without further consideration or any act or action by you.

 

5.	For purposes of this Award Agreement:

 

a.

“Business Unit Sale” shall mean the Company’s sale or disposition of all or any portion of a business unit.

 

2

---

b.

“Cause” shall mean (i) your willful and continued failure to substantially perform your duties with the Company (other than any such failure resulting from your Total Disability); (ii) your commission, conviction or pleading guilty or nolo contendere (or any similar plea or admission) to any felony or any act of fraud, misappropriation or embezzlement; (iii) your willful engagement in conduct (other than conduct covered under clause (i) above) which, in the good faith judgment of the Committee, is injurious to the Company, monetarily or otherwise; or (iv) your material violation or breach of any Company policy, or any noncompetition, confidentiality, or other restrictive covenant with respect to the Company, that applies to you; provided, however, that for purposes of clauses (i) and (ii) of this definition, no act, or failure to act, on your part shall be deemed “willful” unless done, or omitted to be done, by you not in good faith and without reasonable belief that the act, or failure to act, was in the best interests of the Company.

 

c.

“Good Reason” shall mean any material reduction in the aggregate value of your compensation (including base salary and bonus), or a substantial reduction in the aggregate value of benefits provided to you; provided, however, that Company-initiated across-the-board reductions in compensation or benefits affecting substantially all employees shall alone not be considered Good Reason.

 

d.

“Non-Qualifying Change of Control” shall mean a Change of Control of the Company (as defined in the Plan) that results from a Business Unit Sale, provided that following such Change of Control (i) the Company remains in existence as a publicly-traded company (separate and apart from any Successor Entity resulting from the Change of Control, and regardless of whether the Company continues to use the name “Genworth Financial, Inc.” or a different name), (ii) your employment with the Company is not terminated by the Company without Cause in connection with the Change of Control, and (iii) the RSUs subject to this Award Agreement remain outstanding.

 

e.

“Qualifying Change of Control” shall mean a Change of Control of the Company (as defined in the Plan) that is not a Non-Qualifying Change of Control.

 

6.

Conversion to Stock. Unless the RSUs are forfeited as provided in Section 4 above, the RSUs will be converted to Shares on the designated Vesting Dates provided in Section 1(c), or earlier upon the occurrence of a Qualifying Change of Control in which the Successor Entity fails to Assume and Maintain this Award of RSUs as provided in Section 3(f) (the “Conversion Date”). Shares will be registered on the books of the Company in your name as of the Conversion Date and delivered to you as soon as practical thereafter, in certificated or uncertificated form, as you shall direct.

For purposes of this Award Agreement, the term “Specified Employee” has the meaning given such term in Internal Revenue Code Section 409A and the final regulations thereunder (“Final 409A Regulations”), provided, however, that, as permitted in the Final 409A Regulations, the Company’s Specified Employees and its application of the six-month delay rule of Section 409A(a)(2)(B)(i) shall be determined in accordance with rules adopted by the Company’s Board of Directors or a committee thereof, which shall be applied consistently with respect to all nonqualified deferred compensation arrangements of the Company, including this Award Agreement.

 

7.

Dividend Equivalents. Until such time as the RSUs convert to Shares, or the RSUs are cancelled, whichever occurs first, the Company will establish an amount to be paid to the Participant (“Dividend Equivalent”) equal to the number of outstanding RSUs under this Award Agreement times the per share dividend payments made to shareholders of the Company’s Class A common stock. The Company shall accumulate Dividend Equivalents and will, on the date that RSUs convert to Shares, pay to the Participant a cash amount equal to the Dividend Equivalents attributable to such RSUs. Notwithstanding the foregoing, any accumulated and unpaid Dividend Equivalents attributable to RSUs that are cancelled will not be paid and are immediately forfeited upon cancellation of the RSUs.

 

3

---

8.	Restrictive Covenants. As a condition to receiving payment of the Award, you agree to the following:

 

a.

Non-Disparagement. Subject to any obligations you may have under applicable law, you will not make or cause to be made any statements that disparage, are inimical to, or damage the reputation of the Company or any of its agents, officers, directors or employees. Nothing in this section shall limit your ability to provide truthful testimony or information in response to a subpoena, court order, or investigation by a government agency.

 

b.

Non-Solicitation of Customers or Clients. Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company for any reason, directly or through another person, solicit or contact any of the customers or clients of the Company with whom you had material contact during your employment, regardless of the location of such customers or clients, for the purpose of engaging in, providing, marketing, or selling any services or products that are competitive with the services and products being offered by the Company.

 

c.

Non-Solicitation of Company Employees. Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company, directly or through another person, solicit or encourage any director, agent or employee of the Company to terminate his or her employment or other engagement with the Company.

 

9.

Tax Withholding. The Company shall have the power and the right to deduct or withhold, or require you or your beneficiary to remit to the Company, an amount in cash or Shares sufficient to satisfy federal, state, and local taxes, domestic or foreign, required by law or regulation to be withheld with respect to any taxable event arising as a result of this Award Agreement (including “sell to cover” arrangements whereby the company has the right to sell shares on your behalf to cover the taxes). With respect to such withholding, the employer may satisfy the tax withholding requirement by withholding Shares having a Fair Market Value as of the date that the amount of tax to be withheld is to be determined equal to the amount required to be withheld in accordance with applicable tax requirements, all in accordance with such procedures as the Committee establishes. The obligations of the Company under this Award Agreement will be conditional on such payment or arrangements, and the Company will, to the extent permitted by law, have the right to deduct in cash or Shares any such taxes from any payment of any kind otherwise due to you.

 

10.

Nontransferability. The RSUs awarded pursuant to this Award Agreement may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated (“Transfer”), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of the RSUs is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the RSUs, your right to such RSUs shall be immediately forfeited to the Company, and this Award Agreement shall be null and void.

 

11.

Requirements of Law. The granting of the RSUs and the issuance of Shares under the Plan shall be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. The RSUs shall be null and void to the extent the grant, vesting or conversion of RSUs is prohibited under the laws of the country of your residence.

 

12.

Administration. This Award Agreement and your rights hereunder are subject to all the terms and conditions of the Plan, as the same may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. It is expressly understood that the Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the administration of the Plan and this Award Agreement, all of which shall be binding upon you, the Participant. The Committee’s interpretation of the Plan and this Award Agreement, and all decisions and determinations by the Committee with respect to the Plan and this Award Agreement, shall be final, binding, and conclusive on all parties.

 

4

---

13.	No Guarantee of Employment. This Award Agreement shall not confer upon you any right to continuation of employment by the Company, nor shall this Award Agreement interfere in any way with the Company’s right to terminate your employment at any time, for any lawful reason.

 

14.	Plan; Prospectus and Related Documents; Electronic Delivery.

 

a.

A copy of the Plan will be furnished upon written or oral request made to the Human Resources Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or telephone (804) 281-6000.

 

b.

As required by applicable securities laws, the Company is delivering to you a prospectus in connection with this Award, which delivery is being made electronically. A paper copy of the prospectus may also be obtained without charge by contacting the Human Resources Department at the address or telephone number listed above. By accepting this Award Agreement, you shall be deemed to have consented to receive the prospectus electronically.

 

c.

The Company will deliver to you electronically a copy of the Company’s Annual Report to Stockholders for each fiscal year, as well as copies of all other reports, proxy statements and other communications distributed to the Company’s stockholders. You will be provided notice regarding the availability of each of these documents, and such documents may be accessed by going to the Company’s website at www.genworth.com and clicking on “Investors” and then “SEC Filings & Financial Reports” (or, if the Company changes its web site, by accessing such other web site address(es) containing investor information to which the Company may direct you in the future) and will be deemed delivered to you upon posting or filing by the Company. Upon written or oral request, paper copies of these documents (other than certain exhibits) may also be obtained by contacting the Company’s Human Resources Department at the address or telephone number listed above or by contacting the Investor Relations Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or telephone (804) 281-6000.

 

d.

By accepting this Award, you agree and consent, to the fullest extent permitted by law, in lieu of receiving documents in paper format to accept electronic delivery of any documents that the Company may be required to deliver in connection with this Award and any other Awards granted to you under the Plan. Electronic delivery of a document may be via a Company e-mail or by reference to a location on a Company intranet or internet site to which you have access.

 

15.

Amendment, Modification, Suspension, and Termination. The Board of Directors shall have the right at any time in its sole discretion, subject to certain restrictions, to alter, amend, modify, suspend, or terminate the Plan in whole or in part, and the Committee shall have the right at any time in its sole discretion to alter, amend, modify, suspend or terminate the terms and conditions of any Award; provided, however, that no such action shall adversely affect in any material way your Award without your written consent.

 

16.

Entire Agreement. Except as set forth in Section 18 below, this Award Agreement, the Plan, and the rules and procedures adopted by the Committee contain all of the provisions applicable to the RSUs and no other statements, documents or practices may modify, waive or alter such provisions unless expressly set forth in writing, signed by an authorized officer of the Company and delivered to you.

 

17.	Compensation Recoupment Policy. Notwithstanding Section 17 above, this Award shall be subject to any compensation recoupment policy of the Company that is applicable by its terms to you and to Awards of this type.

 

18.	Severability. The provisions of this Award Agreement are severable and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable.

Please refer any questions you may have regarding your Restricted Stock Unit grant to your local Human Resources Manager.

Acceptance Date: Acceptance Date

 

5

Exhibit 10.3

2018 Genworth Financial, Inc. Omnibus Incentive Plan

2020-2022 Cash-Based Award Agreement

 

 

Dear [Participant Name]:

This Award Agreement and the 2018 Genworth Financial, Inc. Omnibus Incentive Plan (the “Plan”) together govern your rights under this Cash-Based Award (the “Award”) and set forth all of the conditions and limitations affecting such rights. Unless the context otherwise requires, capitalized terms used in this Award Agreement shall have the meanings ascribed to them in the Plan. If there is any inconsistency between the terms of this Award Agreement and the terms of the Plan, the Plan’s terms shall supersede and replace the conflicting terms of this Award Agreement.

 

1.

Grant. You are hereby granted an Award under the Plan, effective as of [Grant Date] (the “Grant Date”). The Award entitles you to receive from Genworth Financial, Inc. (together with its Affiliates, the “Company”) an aggregate amount in cash equal to $[Amount of Award], payable in three equal annual installments, all in accordance with the terms and conditions of this Award Agreement, the Plan, and any rules and procedures adopted by the Management Development and Compensation Committee of the Genworth Financial, Inc. Board of Directors (the “Committee”).

 

2.

Vesting and Payment Dates: The Award shall not provide you with any rights or interests therein until the Award vests. Unless vesting is accelerated as provided in Section 3 herein or otherwise in the discretion of the Committee as permitted under the Plan, one-third of the Award will vest on each of the first, second and third anniversaries of the Grant Date (each, a “Vesting Date”), and the vested portion will be paid within 30 days of the Vesting Date, provided you have continued in the service of the Company through such Vesting Date.

 

3.

Treatment of Award Upon Termination of Employment and Other Events. If your service with the Company terminates for any reason other than as set forth below, and you and the Company have not entered into a written agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then the Award shall immediately expire upon such termination.

 

a.

Employment Termination Due to Death or Total Disability. If your service with the Company terminates as a result of your death or Total Disability, then the Award shall immediately vest and become payable on the regularly scheduled Vesting Dates. For purposes of this Award Agreement, “Total Disability” means that you are unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months.

 

b.

Employment Termination for Retirement. If, on or after the first anniversary of the original grant date, your service with the Company terminates as a result of your voluntary resignation on or after the date on which you have attained age sixty (60) and accumulated five (5) or more years of combined and continuous service with the Company, then the Award shall immediately vest and become payable on the regularly scheduled Vesting Dates.

 

c.

Employment Termination Due to Layoff. If your service with the Company terminates as a result of a severance-benefit eligible “Layoff” as defined or described in the Genworth Layoff Payment Plan, you shall continue to vest in any portion of the Award that vests after the Notice Date but before the Layoff Date (“Notice Date” and “Layoff Date” as defined in the Genworth Layoff Payment Plan). Additionally, the portion of the Award, if any, that is scheduled to vest on the next designated Vesting Date after the Layoff Date shall vest on that Vesting Date as provided in Section 2; any remaining and subsequently-vesting portion of the Award shall be forfeited immediately on the Layoff Date.

---

4.	Restrictive Covenants. As a condition to receiving payment of the Award, you agree to the following:

 

a.

Non-Disparagement. Subject to any obligations you may have under applicable law, you will not make or cause to be made any statements that disparage, are inimical to, or damage the reputation of the Company or any of its agents, officers, directors or employees. Nothing in this section shall limit a Participant’s ability to provide truthful testimony or information in response to a subpoena, court order, or investigation by a government agency.

 

b.

Non-Solicitation of Customers or Clients. Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company for any reason, directly or through another person, solicit or contact any of the customers or clients of the Company with whom you had material contact during your employment, regardless of the location of such customers or clients, for the purpose of engaging in, providing, marketing, or selling any services or products that are competitive with the services and products being offered by the Company.

 

c.

Non-Solicitation of Company Employees. Unless waived in writing by the most senior Human Resources officer of the Company (or his or her successor), you will not, during and for a period of 12 months following the cessation of your employment with the Company, directly or through another person, solicit or encourage any director, agent or employee of the Company to terminate his or her employment or other engagement with the Company.

 

5.

Tax Withholding. The Company shall have the power and the right to deduct or withhold, or require you or your beneficiary to remit to the Company, an amount in cash sufficient to satisfy federal, state, and local taxes, domestic or foreign, required by law or regulation to be withheld with respect to any taxable event arising as a result of this Award Agreement.

 

6.

Nontransferability. This Award may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated (“Transfer”), other than by will or by the laws of descent and distribution, except as provided in the Plan. If any prohibited Transfer, whether voluntary or involuntary, of this Award is attempted to be made, or if any attachment, execution, garnishment, or lien shall be attempted to be issued against or placed upon the Award, your right to the Award shall be immediately forfeited to the Company, and this Award Agreement shall be null and void.

 

7.

Administration. This Award Agreement and your rights hereunder are subject to all the terms and conditions of the Plan, as the same may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. It is expressly understood that the Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the administration of the Plan and this Award Agreement, all of which shall be binding upon you, the Participant.

 

8.	Continuation of Employment. This Award Agreement shall not confer upon you any right to continuation of employment by the Company, nor shall this Award Agreement interfere in any way with the Company’s right to terminate your employment at any time, for any lawful reason.

 

9.

Amendment, Modification, Suspension, and Termination. The Board of Directors shall have the right at any time in its sole discretion, subject to certain restrictions, to alter, amend, modify, suspend, or terminate the Plan in whole or in part, and the Committee shall have the right at any time in its sole discretion to alter, amend, modify, suspend or terminate the terms and conditions of any Award; provided, however, that no such action shall adversely affect in any material way your Award without your written consent.

 

2

---

10.

Entire Agreement. This Award Agreement, the Plan, and the rules and procedures adopted by the Committee contain all of the provisions applicable to this Award and no other statements, documents or practices may modify, waive or alter such provisions unless expressly set forth in writing, signed by an authorized officer of the Company and delivered to you.

 

11.	Compensation Recoupment Policy. Notwithstanding Section 10 above, this Award shall be subject to any compensation recoupment policy of the Company that is applicable by its terms to you and to Awards of this type.

 

12.

Agreement to Participate. You have been provided with this Award Agreement, and you have the opportunity to accept this Award Agreement, by accessing and following the procedures set forth on the stock plan administrator’s website. The Plan is available for your reference on the stock plan administrator’s website. You may also request a copy of the Plan at any time by contacting Human Resources at the address or telephone number set forth below. By agreeing to participate, you acknowledge that you have reviewed the Plan and this Award Agreement, and you fully understand all of your rights under the Plan and this Award Agreement, the Company’s remedies if you violate the terms of this Award Agreement, and all of the terms and conditions which may limit your eligibility to retain and receive the Units and/or Shares issued pursuant to the Plan and this Award Agreement.

If you do not wish to accept the Units and participate in the Plan and be subject to the provisions of the Plan and this Award Agreement, please contact the Human Resources Department, Genworth Financial, Inc., 6620 W. Broad Street, Richmond, VA 23230, or at (804) 281-6000, within thirty (30) days of receipt of this Award Agreement. If you do not respond within thirty (30) days of receipt of this Award Agreement, the Award Agreement is deemed accepted. If you choose to participate in the Plan, you agree to abide by all of the governing terms and provisions of the Plan and this Award Agreement

 

13.

Assistance in Proceedings, Etc. You agree that you will, without additional compensation, during and after your employment with the Company, upon reasonable notice, furnish such information and reasonable and proper assistance to the Company as may reasonably be required by the Company in connection with any legal or quasi-legal proceeding, including any external or internal investigation, involving the Company.

 

14.

Cooperation. Following termination of your employment with the Company for any reason, you agree that you will reasonably cooperate with the Company, as reasonably requested by the Company, to effect a transition of your responsibilities and to ensure that the Company is aware of all matters being handled by you.

 

15.

Resolve. Any disagreement between you and the Company concerning anything covered by this Award Agreement or concerning the Award will be settled by final and binding arbitration pursuant to the Company’s Resolve program. The Conditions of Employment document previously executed by you and the Resolve Guidelines are incorporated herein by reference as if set forth in full in this Award Agreement.

Please refer any questions you may have regarding this Award to the Executive Vice President – Human Resources.

ACCEPTANCE DATE: Acceptance Date

 

3

Exhibit 31.1

CERTIFICATIONS

I, Thomas J. McInerney, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Genworth Financial, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: August 5, 2020

 

/S/ Thomas J. McInerney

Thomas J. McInerney President and Chief Executive Officer (Principal Executive Officer)

 

Exhibit 31.2

CERTIFICATIONS

I, Kelly L. Groh, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Genworth Financial, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: August 5, 2020

 

/S/ Kelly L. Groh

Kelly L. Groh Executive Vice President and Chief Financial Officer (Principal Financial Officer)

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

(AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)

I, Thomas J. McInerney, as President and Chief Executive Officer of Genworth Financial, Inc. (the “Company”), certify, pursuant to 18 U.S.C. Section 1350 (as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002), that to my knowledge:

 

(1)

the accompanying Quarterly Report on Form 10-Q of the Company for the six months ended June 30, 2020 (the “Report”), filed with the U.S. Securities and Exchange Commission, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

(2)

the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: August 5, 2020

 

/S/ Thomas J. McInerney

Thomas J. McInerney President and Chief Executive Officer (Principal Executive Officer)

Exhibit 32.2

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

(AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)

I, Kelly L. Groh, as Executive Vice President and Chief Financial Officer of Genworth Financial, Inc. (the “Company”), certify, pursuant to 18 U.S.C. Section 1350 (as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002), that to my knowledge:

 

(1)

the accompanying Quarterly Report on Form 10-Q of the Company for the six months ended June 30, 2020 (the “Report”), filed with the U.S. Securities and Exchange Commission, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

(2)

the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: August 5, 2020

 

/S/ Kelly L. Groh

Kelly L. Groh Executive Vice President and Chief Financial Officer (Principal Financial Officer)

v3.20.2

Cover Page - shares	6 Months Ended
	Jun. 30, 2020	Jul. 27, 2020
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001276520
Current Fiscal Year End Date	--12-31
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2020
Entity Registrant Name	GENWORTH FINANCIAL, INC.
Entity File Number	001-32195
Entity Tax Identification Number	80-0873306
Entity Incorporation, State or Country Code	DE
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, Address Line One	6620 West Broad Street
Entity Address, State or Province	VA
Entity Address, City or Town	Richmond
Entity Address, Postal Zip Code	23230
Entity Interactive Data Current	Yes
City Area Code	804
Local Phone Number	281-6000
Trading Symbol	GNW
Security Exchange Name	NYSE
Title of 12(b) Security	Class A Common Stock, par value $.001 per share
Entity Common Stock, Shares Outstanding		594,010,907

X

- Definition Boolean flag that is true when the XBRL content amends previously-filed or accepted submission. + References No definition available. + Details Name: dei_AmendmentFlag Namespace Prefix: dei_ Data Type: xbrli:booleanItemType Balance Type: na Period Type: duration

X

- Definition Area code of city + References No definition available. + Details Name: dei_CityAreaCode Namespace Prefix: dei_ Data Type: xbrli:normalizedStringItemType Balance Type: na Period Type: duration

X

- Definition Cover page. + References No definition available. + Details Name: dei_CoverAbstract Namespace Prefix: dei_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition End date of current fiscal year in the format --MM-DD. + References No definition available. + Details Name: dei_CurrentFiscalYearEndDate Namespace Prefix: dei_ Data Type: xbrli:gMonthDayItemType Balance Type: na Period Type: duration

X

- Definition Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY. + References No definition available. + Details Name: dei_DocumentFiscalPeriodFocus Namespace Prefix: dei_ Data Type: dei:fiscalPeriodItemType Balance Type: na Period Type: duration

X

- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. + References No definition available. + Details Name: dei_DocumentFiscalYearFocus Namespace Prefix: dei_ Data Type: xbrli:gYearItemType Balance Type: na Period Type: duration

X

- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. + References No definition available. + Details Name: dei_DocumentPeriodEndDate Namespace Prefix: dei_ Data Type: xbrli:dateItemType Balance Type: na Period Type: duration

X

- Definition Boolean flag that is true only for a form used as an quarterly report. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form 10-Q -Number 240 -Section 13 -Subsection a-13 + Details Name: dei_DocumentQuarterlyReport Namespace Prefix: dei_ Data Type: xbrli:booleanItemType Balance Type: na Period Type: duration

X

- Definition Boolean flag that is true only for a form used as a transition report. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Forms 10-K, 10-Q, 20-F -Number 240 -Section 13 -Subsection a-1- + Details Name: dei_DocumentTransitionReport Namespace Prefix: dei_ Data Type: xbrli:booleanItemType Balance Type: na Period Type: duration

X

- Definition The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'. + References No definition available. + Details Name: dei_DocumentType Namespace Prefix: dei_ Data Type: dei:submissionTypeItemType Balance Type: na Period Type: duration

X

- Definition Address Line 1 such as Attn, Building Name, Street Name + References No definition available. + Details Name: dei_EntityAddressAddressLine1 Namespace Prefix: dei_ Data Type: xbrli:normalizedStringItemType Balance Type: na Period Type: duration

X

- Definition Name of the City or Town + References No definition available. + Details Name: dei_EntityAddressCityOrTown Namespace Prefix: dei_ Data Type: xbrli:normalizedStringItemType Balance Type: na Period Type: duration

X

- Definition Code for the postal or zip code + References No definition available. + Details Name: dei_EntityAddressPostalZipCode Namespace Prefix: dei_ Data Type: xbrli:normalizedStringItemType Balance Type: na Period Type: duration

X

- Definition Name of the state or province. + References No definition available. + Details Name: dei_EntityAddressStateOrProvince Namespace Prefix: dei_ Data Type: dei:stateOrProvinceItemType Balance Type: na Period Type: duration

X

- Definition A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12 -Subsection b-2 + Details Name: dei_EntityCentralIndexKey Namespace Prefix: dei_ Data Type: dei:centralIndexKeyItemType Balance Type: na Period Type: duration

X

- Definition Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. + References No definition available. + Details Name: dei_EntityCommonStockSharesOutstanding Namespace Prefix: dei_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: instant

X

- Definition Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. + References No definition available. + Details Name: dei_EntityCurrentReportingStatus Namespace Prefix: dei_ Data Type: dei:yesNoItemType Balance Type: na Period Type: duration

X

- Definition Indicate if registrant meets the emerging growth company criteria. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12 -Subsection b-2 + Details Name: dei_EntityEmergingGrowthCompany Namespace Prefix: dei_ Data Type: xbrli:booleanItemType Balance Type: na Period Type: duration

X

- Definition Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen. + References No definition available. + Details Name: dei_EntityFileNumber Namespace Prefix: dei_ Data Type: dei:fileNumberItemType Balance Type: na Period Type: duration

X

- Definition Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12 -Subsection b-2 + Details Name: dei_EntityFilerCategory Namespace Prefix: dei_ Data Type: dei:filerCategoryItemType Balance Type: na Period Type: duration

X

- Definition Two-character EDGAR code representing the state or country of incorporation. + References No definition available. + Details Name: dei_EntityIncorporationStateCountryCode Namespace Prefix: dei_ Data Type: dei:edgarStateCountryItemType Balance Type: na Period Type: duration

X

- Definition Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-T -Number 232 -Section 405 + Details Name: dei_EntityInteractiveDataCurrent Namespace Prefix: dei_ Data Type: dei:yesNoItemType Balance Type: na Period Type: duration

X

- Definition The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12 -Subsection b-2 + Details Name: dei_EntityRegistrantName Namespace Prefix: dei_ Data Type: xbrli:normalizedStringItemType Balance Type: na Period Type: duration

X

- Definition Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12 -Subsection b-2 + Details Name: dei_EntityShellCompany Namespace Prefix: dei_ Data Type: xbrli:booleanItemType Balance Type: na Period Type: duration

X

- Definition Indicates that the company is a Smaller Reporting Company (SRC). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12 -Subsection b-2 + Details Name: dei_EntitySmallBusiness Namespace Prefix: dei_ Data Type: xbrli:booleanItemType Balance Type: na Period Type: duration

X

- Definition The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12 -Subsection b-2 + Details Name: dei_EntityTaxIdentificationNumber Namespace Prefix: dei_ Data Type: dei:employerIdItemType Balance Type: na Period Type: duration

X

- Definition Local phone number for entity. + References No definition available. + Details Name: dei_LocalPhoneNumber Namespace Prefix: dei_ Data Type: xbrli:normalizedStringItemType Balance Type: na Period Type: duration

X

- Definition Title of a 12(b) registered security. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b + Details Name: dei_Security12bTitle Namespace Prefix: dei_ Data Type: dei:securityTitleItemType Balance Type: na Period Type: duration

X

- Definition Name of the Exchange on which a security is registered. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1 + Details Name: dei_SecurityExchangeName Namespace Prefix: dei_ Data Type: dei:edgarExchangeCodeItemType Balance Type: na Period Type: duration

X

- Definition Trading symbol of an instrument as listed on an exchange. + References No definition available. + Details Name: dei_TradingSymbol Namespace Prefix: dei_ Data Type: dei:tradingSymbolItemType Balance Type: na Period Type: duration

v3.20.2

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Assets
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)	$ 63,544	$ 60,339
Equity securities, at fair value	206	239
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of June 30, 2020 and December 31, 2019)	6,945	6,976
Less: Allowance for credit losses	(28)	(13)
Commercial mortgage loans, net	6,917	6,963
Policy loans	2,182	2,058
Other invested assets	2,473	1,632
Total investments	75,322	71,231
Cash, cash equivalents and restricted cash	2,597	3,341
Accrued investment income	601	654
Deferred acquisition costs	1,718	1,836
Intangible assets and goodwill	223	201
Reinsurance recoverable	16,944	17,103
Less: Allowance for credit losses	(44)	0
Reinsurance recoverable, net	16,900	17,103
Other assets	454	443
Deferred tax asset	286	425
Separate account assets	5,536	6,108
Total assets	103,637	101,342
Liabilities and equity
Future policy benefits	41,463	40,384
Policyholder account balances	22,921	22,217
Liability for policy and contract claims	11,280	10,958
Unearned premiums	1,804	1,893
Other liabilities	2,075	1,428
Non-recourse funding obligations	0	311
Long-term borrowings	2,817	3,277	[1]
Separate account liabilities	5,536	6,108
Liabilities related to discontinued operations	653	134
Total liabilities	88,549	86,710
Commitments and contingencies
Equity:
Class A common stock, $0.001 par value; 1.5 billion shares authorized; 594 million and 592 million shares issued as of June 30, 2020 and December 31, 2019, respectively; 506 million and 504 million shares outstanding as of June 30, 2020 and December 31, 2019, respectively	1	1
Additional paid-in capital	11,996	11,990
Accumulated other comprehensive income (loss)	4,447	3,433
Retained earnings	899	1,461
Treasury stock, at cost (88 million shares as of June 30, 2020 and December 31, 2019)	(2,700)	(2,700)
Total Genworth Financial, Inc.'s stockholders' equity	14,643	14,185
Noncontrolling interests	445	447
Total equity	15,088	14,632
Total liabilities and equity	$ 103,637	$ 101,342
[1] Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary, who has the option to redeem the notes at face value beginning on July 3, 2020, subject to the Australian Prudential Regulation Authority’s (“APRA”) prior written approval.

X

- Definition Interest, dividends, rents, ancillary and other revenues earned but not yet received by the entity on its investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(4)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(10)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details Name: us-gaap_AccruedInvestmentIncomeReceivable Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)(a)(4)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(23)(a)(3)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (g)(2)(ii) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e681-108580 + Details Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (g)(2) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_AdditionalPaidInCapital Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition The reserve to cover probable credit losses related to specifically identified fixed maturity real estate loans as well as probable credit losses inherent in the remainder of that loan portfolio. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121581245&loc=d3e21338-158488 + Details Name: us-gaap_AllowanceForLoanAndLeaseLossesRealEstate Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(11)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(12)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details Name: us-gaap_Assets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- References No definition available. + Details Name: us-gaap_AssetsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of equity securities categorized neither as held-to-maturity nor as trading. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesEquitySecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121583591&loc=SL98516268-108586 + Details Name: us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.25) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.(a),19) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.17) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349 + Details Name: us-gaap_CommitmentsAndContingencies Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_CommonStockValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, with jurisdictional netting. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120406818&loc=d3e31931-109318 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=120406818&loc=d3e31917-109318 + Details Name: us-gaap_DeferredIncomeTaxAssetsNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of deferred policy acquisition cost capitalized on contract remaining in force. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 2B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121638524&loc=SL117422543-158416 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 2B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121638524&loc=SL117422543-158416 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 825 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640538&loc=d3e32546-158582 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (g)(1) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(7)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 55 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121638166&loc=d3e11522-158419 + Details Name: us-gaap_DeferredPolicyAcquisitionCosts Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. + References No definition available. + Details Name: us-gaap_IntangibleAssetsNetIncludingGoodwill Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Sum of the carrying amounts as of the balance sheet date of all investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(h)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details Name: us-gaap_Investments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19-26) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details Name: us-gaap_Liabilities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(23)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(25)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(32)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 + Details Name: us-gaap_LiabilitiesAndStockholdersEquity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- References No definition available. + Details Name: us-gaap_LiabilitiesAndStockholdersEquityAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount classified as liabilities attributable to disposal group held for sale or disposed of. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1107-107759 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 + Details Name: us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (cc) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, before effect of reinsurance, of present value of future benefit to be paid to or on behalf of policyholder and related expense less present value of future net premium receivable under insurance contract. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 6 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121643868&loc=d3e14931-158439 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 29E -URI http://asc.fasb.org/extlink&oid=121639165&loc=SL117819541-158441 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(13)(a)(1)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (g)(1) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 6 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121643868&loc=d3e14931-158439 + Details Name: us-gaap_LiabilityForFuturePolicyBenefits Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount before allowance of loans made to policy and contract holders using their life insurance contracts' cash value or separate accounts as collateral. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums over and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(e)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.7(a)(7)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details Name: us-gaap_LoansInsurancePolicy Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_LongTermDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(24)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.31) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(22)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details Name: us-gaap_MinorityInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition The balance represents the amount of loans that are secured by real estate mortgages, offset by the reserve to cover probable credit losses on the loan portfolio. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(c)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details Name: us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of debt for which creditor does not have general recourse to the debtor but rather has recourse only to the property used for collateral in the transaction or other specific property. + References No definition available. + Details Name: us-gaap_NonRecourseDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, before allowance for credit loss, of financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 + Details Name: us-gaap_NotesReceivableGross Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of assets classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(17)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(10)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(10)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details Name: us-gaap_OtherAssets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of investments classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(f,g)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_OtherInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of liabilities classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details Name: us-gaap_OtherLiabilities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of liability due to policyholder for deposit held under long-duration contract issued by insurance entity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 25 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121639894&loc=d3e13193-158430 + Details Name: us-gaap_PolicyholderContractDeposits Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, after valuation allowance, recoverable under reinsurance contracts including premium paid under reinsurance contracts. Examples include, but are not limited to, settled and unsettled claims, incurred but not reported losses, loss adjustment expense, premium paid, policy benefits and policy reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(6)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=99397103&loc=d3e6824-158387 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=99404803&loc=d3e21409-158489 + Details Name: us-gaap_ReinsuranceRecoverables Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of allowance for credit loss on reinsurance recoverable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121599878&loc=SL82895884-210446 + Details Name: us-gaap_ReinsuranceRecoverablesAllowance Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount before valuation allowance recoverable under reinsurance contracts. Examples include, but are not limited to, settled and unsettled claims, incurred but not reported losses, loss adjustment expense, premium paid, policy benefits and policy reserves. + References No definition available. + Details Name: us-gaap_ReinsuranceRecoverablesGross Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)(a)(3)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (g)(2) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(23)(a)(4)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (g)(2)(i) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 + Details Name: us-gaap_RetainedEarningsAccumulatedDeficit Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of asset at fair value held for benefit of separate account policyholder. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(11)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121641442&loc=d3e19393-158473 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6484091&loc=d3e19268-158472 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=121638699&loc=SL117422397-158474 + Details Name: us-gaap_SeparateAccountAssets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of liability for variable contract in which all or portion of contract holder's funds is allocated to specific separate account and supported by assets held in separate account. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121641442&loc=SL117422267-158473 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(18)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 55 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=121638699&loc=SL117422401-158474 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6484091&loc=d3e19268-158472 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641442&loc=SL117422267-158473 + Details Name: us-gaap_SeparateAccountsLiability Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details Name: us-gaap_StockholdersEquity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=115929471&loc=d3e21930-107793 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 23 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929471&loc=d3e21914-107793 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 10 -Section 65 -Paragraph 4 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121646688&loc=SL121648383-210437 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568740-111683 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4I -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4590271-111686 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (f)(1) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929471&loc=d3e21711-107793 Reference 15: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (f)(1) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 19: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 65 -Paragraph 8 -Subparagraph (d)(2) Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 65 -Paragraph 8 -Subparagraph (d)(3) + Details Name: us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- References No definition available. + Details Name: us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29,30) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 + Details Name: us-gaap_TreasuryStockValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Carrying amount of premiums written on insurance contracts that have not been earned as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(13)(a)(2)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details Name: us-gaap_UnearnedPremiums Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

v3.20.2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Debt securities amortized costs	$ 54,834
Debt securities allowance for credit losses	7
Unamortized balance of loan origination fees	$ 4	$ 4
Class A common stock, par value	$ 0.001	$ 0.001
Class A common stock, shares authorized	1,500,000,000	1,500,000,000
Class A common stock, shares issued	594,000,000	592,000,000
Class A common stock, shares outstanding	506,000,000	504,000,000
Treasury stock, shares	(88,000,000)	(88,000,000)

X

- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 + Details Name: us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Face amount or stated value per share of common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_CommonStockParOrStatedValuePerShare Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: instant

X

- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_CommonStockSharesAuthorized Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: instant

X

- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_CommonStockSharesIssued Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: instant

X

- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_CommonStockSharesOutstanding Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: instant

X

- Definition Amount of allowance for credit loss for debt security measured at amortized cost (held-to-maturity). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (aaa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27232-111563 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121599878&loc=SL82895884-210446 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details Name: us-gaap_DebtSecuritiesHeldToMaturityAllowanceForCreditLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of unamortized loan commitment, origination, and other fees (costs) and purchase premium (discount) on financing receivable. Excludes financing receivable covered under loss sharing agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5074-111524 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84159169&loc=d3e10152-111534 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6378536&loc=d3e10092-111533 + Details Name: us-gaap_FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29,30) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 + Details Name: us-gaap_TreasuryStockShares Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: instant

v3.20.2

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenues:
Premiums		$ 1,019	$ 1,001	$ 2,034	$ 1,989
Net investment income		786	816	1,579	1,610
Net investment gains (losses)		159	(46)	7	29
Policy fees and other income		174	223	355	410
Total revenues		2,138	1,994	3,975	4,038
Benefits and expenses:
Benefits and other changes in policy reserves		1,486	1,251	2,847	2,533
Interest credited		139	146	280	293
Acquisition and operating expenses, net of deferrals		223	229	472	466
Amortization of deferred acquisition costs and intangibles		93	84	209	165
Goodwill impairment		5	0	5	0
Interest expense		44	60	96	120
Total benefits and expenses		1,990	1,770	3,909	3,577
Income from continuing operations before income taxes		148	224	66	461
Provision for income taxes		46	66	36	135
Income from continuing operations		102	158	30	326
Income (loss) from discontinued operations, net of taxes		(520)	60	(520)	122
Net income (loss)		(418)	218	(490)	448
Less: net income from continuing operations attributable to noncontrolling interests		23	15	17	35
Less: net income from discontinued operations attributable to noncontrolling interests		0	35	0	71
Net income (loss) available to Genworth Financial, Inc.'s common stockholders		(441)	168	(507)	342
Net income (loss) available to Genworth Financial, Inc.'s common stockholders:
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders		79	143	13	291
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders		(520)	25	(520)	51
Net income (loss) available to Genworth Financial, Inc.'s common stockholders		$ (441)	$ 168	$ (507)	$ 342
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders per share:
Basic		$ 0.16	$ 0.29	$ 0.03	$ 0.58
Diluted		0.15	0.28	0.03	0.57
Net income (loss) available to Genworth Financial, Inc.'s common stockholders per share:
Basic	[1]	(0.87)	0.33	(1.00)	0.68
Diluted		$ (0.86)	$ 0.33	$ (0.99)	$ 0.67
Weighted-average common shares outstanding:
Basic		505.4	503.4	504.8	502.3
Diluted		512.5	508.7	511.1	508.7
[1] May not total due to whole number calculation.

X

- Definition The aggregate expense charged against earnings to allocate the cost of deferred acquisition costs and intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by (used in) operations using the indirect method. + References No definition available. + Details Name: gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Income Loss Per Share From Continuing Operations [Abstract] + References No definition available. + Details Name: gnw_IncomeLossPerShareFromContinuingOperationsAbstract Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of fees and commissions from financial services and insurance contracts. Includes cost of insurance and other policy related fees, management and administrative fees, and insurance commissions. + References No definition available. + Details Name: gnw_PolicyFeesAndOtherIncome Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.5,6,7) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_BenefitsLossesAndExpenses Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_BenefitsLossesAndExpensesAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: us-gaap_EarningsPerShareAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1448-109256 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e3842-109258 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details Name: us-gaap_EarningsPerShareBasic Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e3842-109258 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_EarningsPerShareDiluted Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition Amount of realized and unrealized gain (loss) on investment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27405-111563 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(c),9(a)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_GainLossOnInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=99380562&loc=d3e13777-109266 + Details Name: us-gaap_GoodwillImpairmentLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4613673-111683 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.13) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details Name: us-gaap_IncomeLossFromContinuingOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations attributable to the noncontrolling interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 + Details Name: us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 + Details Name: us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 + Details Name: us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(11)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(20)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-03(13)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868656-224227 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 + Details Name: us-gaap_IncomeLossFromContinuingOperationsPerBasicShare Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(11)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-03(13)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868656-224227 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 + Details Name: us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(12)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 270 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109227538&loc=d3e44648-109337 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 6.I.7) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32672-109319 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 20 -Section 45 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120385591&loc=d3e38679-109324 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(9)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_IncomeTaxExpenseBenefit Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of interest expense for allocation to policyholder account balance. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 13J -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121639165&loc=SL117783734-158441 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 45 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6480726&loc=d3e6691-158385 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 7A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121643868&loc=SL117782755-158439 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(6)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 29F -URI http://asc.fasb.org/extlink&oid=121639165&loc=SL117819544-158441 + Details Name: us-gaap_InterestCreditedToPolicyholdersAccountBalances Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (210.5-03(11)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details Name: us-gaap_InterestExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_NetIncomeLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_NetIncomeLossAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(2)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_NetInvestmentIncome Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.5) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=99397103&loc=d3e6811-158387 + Details Name: us-gaap_PolicyholderBenefitsAndClaimsIncurredNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums earned. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(1)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.12-17(Column E)) -URI http://asc.fasb.org/extlink&oid=120401096&loc=d3e574992-122915 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(13)(c)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 + Details Name: us-gaap_PremiumsEarnedNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-05(b)(2)) -URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3000-108585 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 20: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_ProfitLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-05(b)(2)) -URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_Revenues Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_RevenuesAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_SellingGeneralAndAdministrativeExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1505-109256 + Details Name: us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1448-109256 + Details Name: us-gaap_WeightedAverageNumberOfSharesOutstandingBasic Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: duration

v3.20.2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net income	$ (418)	$ 218	$ (490)	$ 448
Other comprehensive income (loss), net of taxes:
Net unrealized gains (losses) on securities without an allowance for credit losses	682	0	362	0
Net unrealized gains (losses) on securities with an allowance for credit losses	(8)	0	(8)	0
Net unrealized gains (losses) on securities not other-than-temporarily impaired	0	376	0	755
Net unrealized gains (losses) on other-than-temporarily impaired securities	0	0	0	1
Derivatives qualifying as hedges	(78)	133	675	202
Foreign currency translation and other adjustments	73	43	(25)	97
Total other comprehensive income (loss)	669	552	1,004	1,055
Total comprehensive income	251	770	514	1,503
Less: comprehensive income attributable to noncontrolling interests	60	81	7	192
Total comprehensive income available to Genworth Financial, Inc.'s common stockholders	$ 191	$ 689	$ 507	$ 1,311

X

- Definition Net Unrealized Gains Losses On Securities With An Allowance For Credit Losses + References No definition available. + Details Name: gnw_NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Net Unrealized Gains losses On Securities Without An Allowance For Credit Losses + References No definition available. + Details Name: gnw_NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Gain (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest, Available-for-sale Securities + References No definition available. + Details Name: gnw_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveGainLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(22)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(24)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e557-108580 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(26)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 + Details Name: us-gaap_ComprehensiveIncomeNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(21)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(25)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4613674-111683 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(23)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683 + Details Name: us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(20)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(22)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(24)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details Name: us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after tax and adjustment, of unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) and unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax and reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121640130&loc=d3e1436-108581 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_OtherComprehensiveIncomeLossNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-05(b)(2)) -URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3000-108585 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 20: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_ProfitLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

v3.20.2

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Millions	Total	Cumulative effect of change in accounting, net of taxes	Common stock	Common stock Cumulative effect of change in accounting, net of taxes	Additional paid-in capital	Additional paid-in capital Cumulative effect of change in accounting, net of taxes	Accumulated other comprehensive income (loss)	Accumulated other comprehensive income (loss) Cumulative effect of change in accounting, net of taxes	Retained earnings	Retained earnings Cumulative effect of change in accounting, net of taxes	Treasury stock, at cost	Treasury stock, at cost Cumulative effect of change in accounting, net of taxes	Total Genworth Financial, Inc.'s stockholders' equity	Total Genworth Financial, Inc.'s stockholders' equity Cumulative effect of change in accounting, net of taxes	Noncontrolling interests	Noncontrolling interests Cumulative effect of change in accounting, net of taxes
Balances, beginning at Dec. 31, 2018	$ 14,189		$ 1		$ 11,987		$ 2,044		$ 1,118		$ (2,700)		$ 12,450		$ 1,739
Repurchase of subsidiary shares	(44)		0		0		0		0		0		0		(44)
Comprehensive income (loss):
Net income (loss)	448		0		0		0		342		0		342		106
Other comprehensive income (loss), net of taxes	1,055		0		0		969		0		0		969		86
Total comprehensive income	1,503												1,311		192
Dividends to noncontrolling interests	(53)		0		0		0		0		0		0		(53)
Stock-based compensation expense and exercises and other	(3)		0		(4)		0		0		0		(4)		1
Balances, ending at Jun. 30, 2019	15,592		1		11,983		3,013		1,460		(2,700)		13,757		1,835
Balances, beginning at Mar. 31, 2019	14,882		1		11,989		2,492		1,292		(2,700)		13,074		1,808
Repurchase of subsidiary shares	(32)		0		0		0		0		0		0		(32)
Comprehensive income (loss):
Net income (loss)	218		0		0		0		168		0		168		50
Other comprehensive income (loss), net of taxes	552		0		0		521		0		0		521		31
Total comprehensive income	770												689		81
Dividends to noncontrolling interests	(25)		0		0		0		0		0		0		(25)
Stock-based compensation expense and exercises and other	(3)		0		(6)		0		0		0		(6)		3
Balances, ending at Jun. 30, 2019	15,592		1		11,983		3,013		1,460		(2,700)		13,757		1,835
Balances, beginning at Dec. 31, 2019	14,632	$ (55)	1	$ 0	11,990	$ 0	3,433	$ 0	1,461	$ (55)	(2,700)	$ 0	14,185	$ (55)	447	$ 0
Comprehensive income (loss):
Net income (loss)	(490)		0		0		0		(507)		0		(507)		17
Other comprehensive income (loss), net of taxes	1,004		0		0		1,014		0		0		1,014		(10)
Total comprehensive income	514												507		7
Dividends to noncontrolling interests	(9)		0		0		0		0		0		0		(9)
Stock-based compensation expense and exercises and other	6		0		6		0		0		0		6		0
Balances, ending at Jun. 30, 2020	15,088		1		11,996		4,447		899		(2,700)		14,643		445
Balances, beginning at Mar. 31, 2020	14,834		1		11,993		3,815		1,340		(2,700)		14,449		385
Comprehensive income (loss):
Net income (loss)	(418)		0		0		0		(441)		0		(441)		23
Other comprehensive income (loss), net of taxes	669		0		0		632		0		0		632		37
Total comprehensive income	251												191		60
Stock-based compensation expense and exercises and other	3		0		3		0		0		0		3		0
Balances, ending at Jun. 30, 2020	$ 15,088		$ 1		$ 11,996		$ 4,447		$ 899		$ (2,700)		$ 14,643		$ 445

X

- Definition Value of common and/or treasury stock issued by an entity as a result of stock awards and stock options exercised (net of change in unearned compensation). + References No definition available. + Details Name: gnw_StockAwardsAndStockOptionsExercise Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_ComprehensiveIncomeNetOfTaxAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(20)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(22)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(24)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details Name: us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 + Details Name: us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Decrease in noncontrolling interest (for example, but not limited to, redeeming or purchasing the interests of noncontrolling shareholders, issuance of shares (interests) by the non-wholly owned subsidiary to the parent entity for other than cash, and a buyback of shares (interest) by the non-wholly owned subsidiary from the noncontrolling interests). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569655-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4616395-111683 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 + Details Name: us-gaap_MinorityInterestDecreaseFromRedemptions Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121640130&loc=d3e1436-108581 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_OtherComprehensiveIncomeLossNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-05(b)(2)) -URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3000-108585 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 20: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_ProfitLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=115929471&loc=d3e21930-107793 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 23 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929471&loc=d3e21914-107793 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 10 -Section 65 -Paragraph 4 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121646688&loc=SL121648383-210437 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568740-111683 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4I -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4590271-111686 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (f)(1) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929471&loc=d3e21711-107793 Reference 15: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (f)(1) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 19: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 65 -Paragraph 8 -Subparagraph (d)(2) Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 65 -Paragraph 8 -Subparagraph (d)(3) + Details Name: us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

v3.20.2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income (loss)	$ (490)	$ 448
Less (income) loss from discontinued operations, net of taxes	520	(122)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Amortization of fixed maturity securities discounts and premiums	(50)	(57)
Net investment (gains) losses	(7)	(29)
Charges assessed to policyholders	(314)	(364)
Acquisition costs deferred	(9)	(16)
Amortization of deferred acquisition costs and intangibles	209	165
Goodwill impairment	5	0
Deferred income taxes	28	98
Derivative instruments, limited partnerships and other	191	18
Stock-based compensation expense	19	10
Change in certain assets and liabilities:
Accrued investment income and other assets	(131)	(284)
Insurance reserves	674	609
Current tax liabilities	(1)	13
Other liabilities, policy and contract claims and other policy-related balances	655	134
Cash from operating activities—discontinued operations	0	172
Net cash from operating activities	1,299	795
Cash flows used by investing activities:
Fixed maturity securities	1,687	1,774
Commercial mortgage loans	302	291
Other invested assets	71	51
Proceeds from sales of investments:
Fixed maturity and equity securities	1,657	2,362
Purchases and originations of investments:
Fixed maturity and equity securities	(4,166)	(4,054)
Commercial mortgage loans	(271)	(561)
Other invested assets	(236)	(235)
Short-term investments, net	59	3
Policy loans, net	10	39
Cash used by investing activities—discontinued operations	0	(21)
Net cash used by investing activities	(887)	(351)
Cash flows used by financing activities:
Deposits to universal life and investment contracts	516	444
Withdrawals from universal life and investment contracts	(914)	(1,096)
Redemption of non-recourse funding obligations	(315)	0
Repayment and repurchase of long-term debt	(471)	(1)
Repurchase of subsidiary shares	0	(22)
Dividends paid to noncontrolling interests	(9)	(14)
Other, net	49	55
Cash used by financing activities—discontinued operations	0	(61)
Net cash used by financing activities	(1,144)	(695)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $—and $12 related to discontinued operations)	(12)	12
Net change in cash, cash equivalents and restricted cash	(744)	(239)
Cash, cash equivalents and restricted cash at beginning of period	3,341	2,177
Cash, cash equivalents and restricted cash at end of period	2,597	1,938
Less cash, cash equivalents and restricted cash of discontinued operations at end of period	0	223
Cash, cash equivalents and restricted cash of continuing operations at end of period	$ 2,597	$ 1,715

X

- Definition The charges assessed to an insured for insurance provided. The charge may be based on the age, sex and risk classification of the insured. + References No definition available. + Details Name: gnw_ChargesAssessedToPolicyholders Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The net change during the reporting period from the aggregate market value of equity or debt securities that are purchased and held principally for the purpose of selling them in the near future and limited partnerships and derivative instrument activity. + References No definition available. + Details Name: gnw_IncreaseDecreaseInDerivativeInstrumentsAndLimitedPartnerships Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Repayments of non recourse funding obligations. + References No definition available. + Details Name: gnw_RepaymentsOfNonRecourseFundingObligations Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount and amortization if it was purchased at premium. As a noncash item, this element is an adjustment to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121583591&loc=SL98516268-108586 + Details Name: us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; attributable to disposal group, including, but not limited to, discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121583591&loc=SL98516268-108586 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585 + Details Name: us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including, but not limited to, disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121583591&loc=SL98516268-108586 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585 + Details Name: us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 230 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 + Details Name: us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of cash inflow (outflow) of financing activities of discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 + Details Name: us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of cash inflow (outflow) of investing activities of discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 + Details Name: us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of cash inflow (outflow) of operating activities of discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 + Details Name: us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.7) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.1) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.2) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details Name: us-gaap_DeferredIncomeTaxExpenseBenefit Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The aggregate net amount of depreciation, amortization, and accretion recognized during an accounting period. As a noncash item, the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_DepreciationAmortizationAndAccretionNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of increase (decrease) from effect of exchange rate changes on cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; held in foreign currencies; including, but not limited to, disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 230 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906 + Details Name: us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of realized and unrealized gain (loss) on investment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27405-111563 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(c),9(a)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_GainLossOnInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=99380562&loc=d3e13777-109266 + Details Name: us-gaap_GoodwillImpairmentLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(12)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 270 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109227538&loc=d3e44648-109337 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The increase (decrease) during the reporting period in the balance sheet value of capitalized sales costs that are associated with acquiring a new insurance customers. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The increase (decrease) in insurance liability balances during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_IncreaseDecreaseInInsuranceLiabilities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_IncreaseDecreaseInOperatingCapitalAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of increase (decrease) in operating assets classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_IncreaseDecreaseInOtherOperatingAssets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of increase (decrease) in operating liabilities classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_IncreaseDecreaseInOtherOperatingLiabilities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 + Details Name: us-gaap_NetCashProvidedByUsedInFinancingActivities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 + Details Name: us-gaap_NetCashProvidedByUsedInInvestingActivities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3536-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_NetCashProvidedByUsedInOperatingActivities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of cash (inflow) outflow from investing activities classified as other. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3213-108585 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585 + Details Name: us-gaap_PaymentsForProceedsFromOtherInvestingActivities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Net amount paid or received by the entity associated with issuance or collection of loans made to policy holders, principally secured by the benefits under the policy. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details Name: us-gaap_PaymentsForProceedsFromPolicyLoans Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The net amount paid (received) by the reporting entity through acquisition or sale and maturities of short-term investments with an original maturity that is three months or less which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3213-108585 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3098-108585 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585 + Details Name: us-gaap_PaymentsForProceedsFromShortTermInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of cash outflow in the form of ordinary dividends provided by the non-wholly owned subsidiary to noncontrolling interests. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_PaymentsOfDividendsMinorityInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26853-111562 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3213-108585 + Details Name: us-gaap_PaymentsToAcquireAvailableForSaleSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_PaymentsToAcquireInvestmentsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The cash outflow from the purchase of receivables arising from the mortgage note on real estate. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3213-108585 + Details Name: us-gaap_PaymentsToAcquireMortgageNotesReceivable Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_PaymentsToMinorityShareholders Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The cash inflow from an insurance contract under which the policy holder make a lump sum payment or a series of payments in exchange for periodic payments to the policyholder beginning immediately or at some future date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585 + Details Name: us-gaap_ProceedsFromAnnuitiesAndInvestmentCertificates Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of cash inflow from maturity, prepayment and call of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26853-111562 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3151-108585 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585 + Details Name: us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of cash inflow (outflow) from financing activities classified as other. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_ProceedsFromPaymentsForOtherFinancingActivities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The cash inflow from proceeds from sale of receivables arising from the mortgage note on real estate; includes collections on mortgage notes receivable that are not classified as operating cash flows. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585 + Details Name: us-gaap_ProceedsFromSaleAndCollectionOfMortgageNotesReceivable Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The cash inflow associated with the sale and maturity (principal being due) of other investments, prepayment and call (request of early payment) of other investments not otherwise defined in the taxonomy. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585 + Details Name: us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestmentsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of cash inflow from sale of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26853-111562 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3151-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585 + Details Name: us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-05(b)(2)) -URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3000-108585 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 20: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_ProfitLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The cash outflow for an insurance contract under which the policy holder make a lump sum payment or a series of payments in exchange for periodic payments to the policyholder beginning immediately or at some future date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_RepaymentsOfAnnuitiesAndInvestmentCertificates Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_RepaymentsOfLongTermDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of noncash expense for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_ShareBasedCompensation Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

v3.20.2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Statement of Cash Flows [Abstract]
Discontinued operations exchange rate effect	$ 0	$ 12

X

- Definition Amount of increase (decrease) from effect of exchange rate changes on cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; held in foreign currencies; attributable to disposal group, including, but not limited to, discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 230 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906 + Details Name: us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_StatementOfCashFlowsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

v3.20.2

Formation of Genworth and Basis of Presentation	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Formation of Genworth and Basis of Presentation	(1) Formation of Genworth and Basis of Presentation Genworth Holdings, Inc. (“Genworth Holdings”) (formerly known as Genworth Financial, Inc.) was incorporated in Delaware in 2003 in preparation for an initial public offering (“IPO”) of Genworth’s common stock, which was completed on May 28, 2004. On April 1, 2013, Genworth Holdings completed a holding company reorganization pursuant to which Genworth Holdings became a direct, 100% owned subsidiary of a new public holding company that it had formed. The new public holding company was incorporated in Delaware on December 5, 2012, in connection with the reorganization, and was renamed Genworth Financial, Inc. (“Genworth Financial”) upon the completion of the reorganization. On October 21, 2016, Genworth Financial entered into an agreement and plan of merger (the “Merger Agreement”) with Asia Pacific Global Capital Co., Ltd. (“Parent”), a limited liability company incorporated in the People’s Republic of China and a subsidiary of China Oceanwide Holdings Group Co., Ltd., a limited liability company incorporated in the People’s Republic of China (together with its affiliates, “China Oceanwide”), and Asia Pacific Global Capital USA Corporation (“Merger Sub”), a Delaware corporation and a direct, wholly-owned subsidiary of Asia Pacific Insurance USA Holdings LLC (“Asia Pacific Insurance”), which is a Delaware limited liability company and owned by China Oceanwide, pursuant to which, subject to the terms and conditions set forth therein, Merger Sub would merge with and into Genworth Financial with Genworth Financial surviving the merger as a direct, wholly-owned subsidiary of Asia Pacific Insurance. China Oceanwide has agreed to acquire all of our outstanding common stock for a total transaction value of approximately $2.7 billion, or $5.43 per share in cash. At a special meeting held on March 7, 2017, Genworth Financial’s stockholders voted on and approved a proposal to adopt the Merger Agreement. The closing of the transaction remains subject to other closing conditions. The accompanying unaudited condensed financial statements include on a consolidated basis the accounts of Genworth Financial and the affiliate companies in which it holds a majority voting interest or where it is the primary beneficiary of a variable interest entity (“VIE”). All intercompany accounts and transactions have been eliminated in consolidation. References to “Genworth Financial,” “Genworth,” the “Company,” “we” or “our” in the accompanying unaudited condensed consolidated financial statements and the notes thereto are, unless the context otherwise requires, to Genworth Financial, Inc. on a consolidated basis. We operate our business through the following four operating segments:     •   U.S. Mortgage Insurance. In the United States, we offer mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans (“flow mortgage insurance”). We selectively provide mortgage insurance on a bulk basis (“bulk mortgage insurance”) with essentially all of our bulk writings being prime-based.     •   Australia Mortgage Insurance. In Australia, we offer flow mortgage insurance and selectively provide bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk.     •   U.S. Life Insurance. We offer long-term care insurance products as well as service traditional life insurance and fixed annuity products in the United States.     •   Runoff. The Runoff segment includes the results of products which have not been actively sold since   2011 , but we continue to service our existing blocks of business. These products primarily include variable annuity, variable life insurance and corporate-owned life insurance, as well as funding agreements. In addition to our four operating business segments, we also have Corporate and Other activities which include debt financing expenses that are incurred at the Genworth Holdings level, unallocated corporate income and expenses, eliminations of inter-segment transactions and the results of other businesses that are managed outside of our operating segments, including certain smaller international mortgage insurance businesses and discontinued operations. On December 12, 2019, we completed the sale of Genworth MI Canada Inc. (“Genworth Canada”), our former Canada mortgage insurance business, to an affiliate of Brookfield Business Partners L.P. (“Brookfield”) and received approximately $1.7 billion in net cash proceeds. Prior to the sale, in the third quarter of 2019, Genworth Canada was reported as discontinued operations and its financial position, results of operations and cash flows were separately reported for all periods presented. All prior periods reflected herein have been re-presented on this basis. See note 14 for additional information related to discontinued operations. Unless otherwise indicated, references to the condensed consolidated balance sheets, the condensed consolidated statements of income, the condensed consolidated statements of cash flows and the notes to the condensed consolidated financial statements, exclude amounts related to discontinued operations. The accompanying condensed consolidated financial statements are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Preparing financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect reported amounts and related disclosures. Actual results could differ from those estimates. These unaudited condensed consolidated financial statements include all adjustments (including normal recurring adjustments) considered necessary by management to present a fair statement of the financial position, results of operations and cash flows for the periods presented. The results reported in these unaudited condensed consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. Potential impacts, risks and uncertainties of the coronavirus pandemic (“COVID-19”) may include investment valuations and impairments, commercial mortgage loan restructurings, deferred acquisition cost or intangible assets impairments or the acceleration of amortization, deferred tax asset recoverability and increases to insurance reserves, including higher claims reserves in our mortgage insurance businesses, among other matters. The unaudited condensed consolidated financial statements included herein should be read in conjunction with the audited consolidated financial statements and related notes contained in our 2019 Annual Report on Form 10-K. Certain prior year amounts have been reclassified to conform to the current year presentation. Each reporting period, we assess our ability to continue as a going concern for one year from the date the financial statements are issued. As of June 30, 2020, Genworth Holdings has $494 million of unrestricted cash and cash equivalents. For the quarterly period ended June 30, 2020, our evaluation of our ability to meet our obligations included the following contractual obligations due within one year from the issue date of our unaudited condensed consolidated financial statements included herein:     •   A partial settlement payment in the amount of £100 million ($125 million) paid to AXA S.A. (“AXA”) on  July 21 , 2020 in connection with a settlement reached regarding the case titled AXA S.A. v. Genworth Financial International Holdings, LLC et al. As part of the settlement agreement, we issued a secured promissory note agreeing to pay AXA two  installments in 2022. Under the settlement, certain cash flows to Genworth Holdings, including dividends and capital raises, above defined thresholds must be paid to AXA until the promissory note is fully repaid. In addition, over the next year, we expect to pay AXA approximately $25 million in interest on the promissory note, assuming we do not make any pre-payments, and we may make an additional one-time payment of approximately $40 million for an       unrelated liability and other expenses. See note 12 for additional details on the case. See note 14 for additional details related to the sale of our former lifestyle protection insurance business and amounts recorded related to loss from discontinued operations.     •   Genworth Holdings has $356 million of its 7.20% senior notes maturing in February 2021. We are currently in compliance with the terms of our debt agreements and interest payments on our senior notes are forecasted to be $158 million for the next twelve months. See note 9 for additional details on our long-term borrowings. We also evaluate other conditions and events and their relative significance in relation to our ability to meet our obligations. As an example, we are exposed to risks associated with COVID-19, which has disrupted the global economy and financial markets, business operations, and consumer behavior and confidence.     •   Due to higher delinquencies and the impact to capital levels resulting from COVID-19, we do not expect to receive further dividends in 2020 from our mortgage insurance subsidiaries.     •   Due to the uncertain macroeconomic conditions surrounding COVID-19, on June 30, 2020, Genworth and China Oceanwide agreed to a fifteenth waiver and agreement extending the merger deadline to no later than September 30, 2020.   The consummation of this transaction is dependent on steps outside of our control; accordingly, the associated post-closing capital contributions from China Oceanwide have not been included in this evaluation. While conditions and events occurring and expected to occur raise doubt about our ability to meet our financial obligations for the next year, management’s plans alleviate this doubt. We are actively taking steps to raise capital to address our obligations, including a debt financing as well as, should our pending transaction with China Oceanwide not close, preparing for a 19.9% public offering of our U.S. mortgage insurance business subject to market conditions. We expect to engage in a debt financing through our U.S. mortgage insurance business later in 2020 which, along with existing cash and cash equivalents, would provide Genworth Holdings sufficient liquidity to meet its obligations and maintain business operations for one year from the issue date of the unaudited condensed consolidated financial statements. We believe this debt financing is probable to be effectively implemented given the value of the U.S. mortgage insurance business, the healthy conditions of the relevant credit markets, recent similar peer transactions and our history of similar refinancing transactions, among other factors. The impact of the developing coronavirus pandemic is very difficult to predict .   Its related outcomes and impact on our business and the capital markets, and our ability to raise capital will depend on the length of the pandemic , economic impacts of social, global and political influences, and the shape of the economic recovery , among other factors and uncertainties. While these risks exist, we believe the execution of our plan will provide sufficient funds to meet our obligations for one year following the issuance of our unaudited condensed consolidated financial statements.

X

- References No definition available. + Details Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -URI http://asc.fasb.org/topic&trid=2122149 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -URI http://asc.fasb.org/topic&trid=2197479 + Details Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Accounting Changes	6 Months Ended
	Jun. 30, 2020
Disclosure of Accounting Changes [Abstract]
Accounting Changes	(2) Accounting Changes Accounting Pronouncements Recently Adopted On January 1, 2020, we adopted new accounting guidance related to disclosure requirements for defined benefit plans as part of the Financial Accounting Standards Board’s (the “FASB”) disclosure framework project. The guidance adds, eliminates and modifies certain disclosure requirements for defined benefit pension and other postretirement benefit plans. We adopted this new accounting guidance using the retrospective method, which did not have a significant impact on our condensed consolidated financial statements and disclosures. On January 1, 2020, we adopted new accounting guidance related to fair value disclosure requirements as part of the FASB’s disclosure framework project. The guidance adds, eliminates and modifies certain disclosure requirements for fair value measurements. The guidance includes new disclosure requirements related to changes in unrealized gains and losses included in other comprehensive income (loss) for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements. We adopted this new accounting guidance using the prospective method for disclosures related to changes in unrealized gains and losses included in other comprehensive income (loss) for recurring Level 3 fair value measurements held at the end of the reporting period, the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements and the narrative description of measurement uncertainty and the retrospective method for all other disclosures. This accounting guidance did not impact our condensed consolidated financial statements but impacted our fair value disclosures. In March 2020, the FASB issued new accounting guidance related to reference rate reform, which was effective for us on January 1, 2020. The guidance provides temporary guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform, which includes the transition away from the London Interbank Offered Rate (“LIBOR”). This new guidance provides optional practical expedients and exceptions for applying generally accepted accounting principles to investments, derivatives or other transactions affected by reference rate reform such as those that impact the assessment of derivative hedge effectiveness and contract modifications, to include continuing hedge accounting when certain critical terms of a hedging relationship change and modifying certain effectiveness assessments to exclude certain potential sources of ineffectiveness. In addition to the optional practical expedients, the guidance includes a general principle that permits an entity to consider contract modifications due to reference rate reform to be an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. We adopted this guidance prospectively and it did not have a significant impact on our condensed consolidated financial statements or disclosures. However, the amendments in this guidance may be elected over time through December 31, 2022 as reference rate reform activities occur and therefore, this guidance may impact our procedures, including our process for assessing the effectiveness of our cash flow hedging relationships, determined on an individual hedge basis, as we implement measures to transition away from LIBOR. On January 1, 2020, we adopted new accounting guidance related to accounting for credit losses on financial instruments. The guidance requires entities to recognize an allowance equal to its estimate of lifetime expected credit losses and applies to most financial instruments not measured at fair value, which primarily includes our commercial mortgage loans, bank loan investments and reinsurance recoverables. The new guidance also requires the recognition of an allowance for expected credit losses as a liability in our consolidated balance sheet for off-balance sheet credit exposures, including commitments to fund bank loan investments, private placement investments and commercial mortgage loans. The new guidance did not have a significant impact on other assets not measured at fair value. The FASB also issued an amendment to the guidance allowing entities to irrevocably elect the fair value option on an instrument-by-instrument basis for eligible instruments, which we did not elect. For our commercial mortgage loans, we determine the adequacy of the allowance for credit losses utilizing an analytical model that provides various loss scenarios based on historical experience adjusted for current events, trends, economic conditions and reasonable and supportable forecasts that result in a loss in the loan portfolio over the estimated life of the loans. We revert to historical credit loss experience for periods beyond forecasts that are reasonable and supportable. The allowance for credit losses is measured on a collective basis with consideration for debt service coverage ratio, debt-to-value, property-type and geographic location. Key inputs into the analytical model include exposure, weighted-average life, return, historical loss rates and forecast   scenarios. Actual amounts realized over time could differ from the amounts estimated for the allowance for credit losses reported in the condensed consolidated financial statements. Commercial mortgage loans are written off against the allowance to the extent principal or interest is deemed uncollectible. Accrued interest related to commercial mortgage loans is included in accrued investment income in our condensed consolidated balance sheet and had a carrying value of $ 25  million as of June  30 , 2020 . We do not measure an allowance for credit losses related to accrued interest as uncollectible accrued interest related to our commercial mortgage loans are written off after 90 days and once collectability is determined to be uncertain and not probable. Amounts written off related to accrued interest are recorded as a credit loss expense included in net investment gains (losses). We adopted the guidance related to our investments carried at amortized cost using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $23 million, net of deferred taxes of $6 million, for commercial mortgage loans and bank loan investments, with an offset to cumulative effect of change in accounting within retained earnings. See note 4 for additional disclosures related to commercial mortgage loans. We adopted the guidance related to our off-balance sheet credit exposures using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $1 million, included in other liabilities in our condensed consolidated balance sheet, with an offset to cumulative effect of change in accounting within retained earnings. The allowance for credit losses for reinsurance recoverables is evaluated based on historical loss experience adjusted for current events and reasonable and supportable forecasts from both internal and external sources. The allowance is measured by reinsurer, taking into consideration the reinsured product type and collateral type, and is calculated based on an externally reported probability of default corresponding to the reinsurer’s credit rating and the expected duration of the reinsurer’s contractual obligation to reimburse us for ceded claims on the underlying policies. Our estimate of the allowance reflects consideration for collateral securing the reinsurance agreements and expected recoveries of amounts previously charged off and expected to be charged off. We also consider other credit risk factors, including, among other factors, the historical frequency and severity of the associated insurance claims, aging of recoverables and regulatory, legal and economic factors, to determine if an additional incremental allowance for credit losses is required. No reversion adjustments are necessary as the starting point for our allowance for credit losses reflects historical loss experience covering the expected duration of the reinsurer’s contractual obligation to reimburse us. If available facts and circumstances indicate the reinsurance recoverable does not reflect expectations consistent with the collective analysis, the reinsurance recoverable is assessed on a separate basis. Write-offs of reinsurance recoverables are deducted from the allowance in the period the reinsurance recoverable is determined to be uncollectible. We adopted the guidance related to our reinsurance recoverables using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $31 million, net of deferred taxes of $9 million, with an offset to cumulative effect of change in accounting within retained earnings. See note 8 for additional disclosures related to reinsurance recoverables. The new guidance retains most of the existing impairment guidance for available-for-sale fixed maturity securities but amends the presentation of credit losses to reflect an allowance for credit losses as opposed to a write-down of the amortized cost of the investment and permits the reversal of credit losses through net income (loss) when reassessing changes in credit losses each reporting period. Available-for-sale fixed maturity securities in an unrealized loss position are evaluated to determine whether the decline in fair value is related to credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency/agencies and adverse conditions specifically related to the security, among other factors. If a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present   value of cash flows expected to be collected is less than the amortized cost basis, an allowance for credit losses is recorded, limited by the amount that the fair value is less than the amortized cost basis. Estimating the cash flows expected to be collected is a quantitative and qualitative process that incorporates information received from third-party sources along with internal assumptions and judgments. When developing the estimate of cash flows expected to be collected, we utilize an analytical model that provides for various loss scenarios and consider the industry sector, current levels of subordination, geographic location and other relevant characteristics of the security or underlying assets, as well as reasonable and supportable forecasts. Losses are written off against the allowance when deemed uncollectible or when we intend to sell or expect we will be required to sell a security prior to recovering our amortized cost. We exclude accrued interest related to available-for-sale fixed maturity securities from the estimate of allowance for credit losses. Accrued interest is included in accrued investment income in our condensed consolidated balance sheet and had a carrying value of $544 million as of June 30, 2020. We do not measure an allowance for credit losses related to accrued interest as uncollectible accrued interest related to our available-for-sale fixed maturity securities are written off after 90 days and once collectability is determined to be uncertain and not probable. Amounts written off related to accrued interest are recorded as a credit loss expense included in net investment gains (losses). We adopted the guidance related to our available-for-sale fixed maturity securities for which a previous other-than-temporary impairment was recognized prior to the date of adoption using the prospective method and the modified retrospective method for all other available-for-sale fixed maturity securities, which did not have any impact upon adoption. Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued new accounting guidance related to simplifying the accounting for income taxes. The guidance eliminates certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. The guidance is currently effective for us on January 1, 2021 using the retrospective method or modified retrospective method for certain changes and prospective method for all other changes, with early adoption permitted. We are in process of evaluating the impact the guidance may have on our consolidated financial statements and disclosures. In August 2018, the FASB issued new accounting guidance that significantly changes the recognition and measurement of long-duration insurance contracts and expands disclosure requirements, which impacts our life insurance deferred acquisition costs (“DAC”) and liabilities. In accordance with the guidance, the more significant changes include:     •   assumptions will no longer be locked-in at contract inception and all cash flow assumptions used to estimate the liability for future policy benefits (except the discount rate) will be reviewed at least annually in the same period each year or more frequently if actual experience indicates a change is required. Changes will be recorded in net income (loss) using a retrospective approach with a cumulative catch-up adjustment by recalculating the net premium ratio (which will be capped at 100%) using actual historical and updated future cash flow assumptions;     •   the discount rate used to determine the liability for future policy benefits will be a current upper-medium grade (low credit risk) fixed-income instrument yield, which is generally interpreted to mean a single-A rated bond rate for the same duration, and is required to be reviewed quarterly, with changes in the discount rate recorded in other comprehensive income (loss);     •   the provision for adverse deviation and the premium deficiency test will be eliminated;   •   market risk benefits associated with deposit-type contracts will be measured at fair value with changes related to instrument-specific credit risk recorded in other comprehensive income (loss) and remaining changes recorded in net income (loss);     •   the amortization method for DAC will generally be on a straight-line basis over the expected contract term; and     •   disclosures will be greatly expanded to include significant assumptions and product liability rollforwards. We expect this guidance to be effective for us on January 1, 2023, subject to the FASB finalizing an additional one-year delay, using the modified retrospective method, with early adoption permitted. Given the nature and extent of the changes to our operations, this guidance is expected to have a significant impact on our condensed consolidated financial statements.

X

- Definition Disclosure of Accounting Changes + References No definition available. + Details Name: gnw_DisclosureOfAccountingChangesAbstract Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The entire disclosure for all significant accounting policies of the reporting entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details Name: us-gaap_SignificantAccountingPoliciesTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Earnings (Loss) Per Share	6 Months Ended
	Jun. 30, 2020
Earnings (Loss) Per Share	(3) Earnings (Loss) Per Share Basic and diluted earnings (loss) per share are calculated by dividing each income (loss) category presented below by the weighted-average basic and diluted common shares outstanding for the periods indicated:     Three months ended     Six months ended       June 30,     June 30,   (Amounts in millions, except per share amounts)   2020     2019     2020     2019   Weighted-average shares used in basic earnings per share calculations      505.4       503.4        504.8       502.3   Potentially dilutive securities:           Stock options, restricted stock units and stock appreciation rights      7.1       5.3        6.3       6.4                                     Weighted-average shares used in diluted earnings per share calculations      512.5       508.7        511.1       508.7                                     Income from continuing operations:           Income from continuing operations    $ 102     $ 158      $ 30     $ 326   Less: net income from continuing operations attributable to noncontrolling interests      23       15        17       35                                     Income from continuing operations available to Genworth Financial, Inc.’s common stockholders    $ 79     $ 143      $ 13     $ 291                                     Basic per share    $ 0.16     $ 0.29      $ 0.03     $ 0.58                                     Diluted per share    $ 0.15     $ 0.28      $ 0.03     $ 0.57                                     Income (loss) from discontinued operations:           Income (loss) from discontinued operations, net of taxes    $ (520 )    $ 60      $ (520 )    $ 122   Less: net income from discontinued operations attributable to noncontrolling interests      —         35        —         71                                     Income (loss) from discontinued operations available to Genworth Financial, Inc.’s common stockholders    $ (520 )    $ 25      $ (520 )    $ 51                                     Basic per share    $ (1.03 )    $ 0.05      $ (1.03 )    $ 0.10                                     Diluted per share    $ (1.01 )    $ 0.05      $ (1.02 )    $ 0.10                                     Net income (loss):           Income from continuing operations    $ 102     $ 158      $ 30     $ 326   Income (loss) from discontinued operations, net of taxes      (520 )      60        (520 )      122                                     Net income (loss)      (418 )      218        (490 )      448   Less: net income attributable to noncontrolling interests      23       50        17       106                                     Net income (loss) available to Genworth Financial, Inc.’s common stockholders    $ (441 )    $ 168      $ (507 )    $ 342                                     Basic per share (1)    $ (0.87 )    $ 0.33      $ (1.00 )    $ 0.68                                     Diluted per share    $ (0.86 )    $ 0.33      $ (0.99 )    $ 0.67                                       (1) May not total due to whole number calculation.

X

- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details Name: us-gaap_EarningsPerShareTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Investments	6 Months Ended
	Jun. 30, 2020
Investments	(4) Investments (a) Net Investment Income Sources of net investment income were as follows for the periods indicated:        Three months ended     Six months ended        June 30,     June 30,   (Amounts in millions)    2020     2019     2020     2019   Fixed maturity securities—taxable    $ 601     $ 634     $ 1,223     $ 1,247   Fixed maturity securities—non-taxable      1       2       3       4   Equity securities      2       5       4       9   Commercial mortgage loans      84       85       169       167   Policy loans      49       45       98       91   Other invested assets      66       59       113       118   Cash, cash equivalents, restricted cash and short-term investments      4       11       15       22                                    Gross investment income before expenses and fees      807       841       1,625       1,658   Expenses and fees      (21 )      (25 )      (46 )      (48 )                                   Net investment income    $ 786     $ 816     $ 1,579     $ 1,610                                    (b) Net Investment Gains (Losses) The following table sets forth net investment gains (losses) for the periods indicated:        Three months ended     Six months ended        June 30,     June 30,   (Amounts in millions)    2020     2019     2020     2019   Available-for-sale fixed maturity securities:          Realized gains    $ 119     $ 10     $ 133     $ 74   Realized losses      (5 )      (21 )      (6 )      (27 )                                   Net realized gains (losses) on available-for-sale fixed maturity securities      114       (11 )      127       47                                    Impairments:          Total other-than-temporary impairments      —         —         —         —     Portion of other-than-temporary impairments included in other comprehensive income (loss)      —         —         —         —                                      Net other-than-temporary impairments      —         —         —         —                                      Net change in allowance for credit losses on available-for-sale fixed maturity securities      (7 )      —         (7 )      —     Net realized gains (losses) on equity securities sold      —         —         —         3   Net unrealized gains (losses) on equity securities still held      9       5       (10 )      17   Limited partnerships      37       (11 )      (3 )      4   Commercial mortgage loans      1       1       1       —     Derivative instruments (1)      10       (30 )      (95 )      (42 )  Other      (5 )      —         (6 )      —                                      Net investment gains (losses)    $ 159     $ (46 )    $ 7     $ 29                                      (1)   See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses). See note 2 for a discussion of our policy for evaluating and measuring the allowance for credit losses related to our available-for-sale fixed maturity securities. The following table represents the allowance for credit losses aggregated by security type for available-for-sale fixed maturity investments as of and for the three and six months ended June 30, 2020:             Increase from     Increase                                           securities     (decrease)           Decrease                               without     from securities           due to change                               allowance in     with allowance           in intent or                         Beginning     previous     in previous     Securities     requirement                 Ending   (Amounts in millions)   balance     periods     periods     sold     to sell     Write-offs     Recoveries     balance   Fixed maturity securities:                 Non-U.S. corporate   $ —       $ 4     $ —       $ —       $ —       $ —       $ —       $ 4   Commercial mortgage-backed     —         3       —         —         —         —         —         3                                                                   Total available-for-sale fixed maturity securities   $ —     $ 7     $ —       $ —       $ —       $ —       $ —       $ 7                                                                   The following represents the activity for credit losses recognized in net income (loss) on debt securities where an other-than-temporary impairment was identified and a portion of other-than-temporary impairments was included in other comprehensive income (“OCI”) as of and for the periods indicated:        Three months      Six months        ended      ended        June 30,      June 30,   (Amounts in millions)    2019      2019   Beginning balance    $ 23      $ 24   Reductions:       Securities sold, paid down or disposed      —          (1 )                    Ending balance    $ 23      $ 23                     (c) Unrealized Investment Gains and Losses Net unrealized gains and losses on available-for-sale investment securities reflected as a separate component of accumulated other comprehensive income (loss) were as follows as of the dates indicated:   (Amounts in millions)   June 30, 2020     December 31, 2019   Net unrealized gains (losses) on fixed maturity securities without an allowance for credit losses (1)    $ 8,766     $ 6,676   Net unrealized gains (losses) on fixed maturity securities with an allowance for credit losses (1)      (10 )      —     Adjustments to deferred acquisition costs, present value of future profits, sales inducements and benefit reserves      (6,420 )      (4,789 )  Income taxes, net      (501 )      (406 )                   Net unrealized investment gains (losses)      1,835       1,481   Less: net unrealized investment gains (losses) attributable to noncontrolling interests      24       25                    Net unrealized investment gains (losses) attributable to Genworth Financial, Inc.    $ 1,811     $ 1,456                      (1)   Excludes foreign exchange. The change in net unrealized gains (losses) on available-for-sale investment securities reported in accumulated other comprehensive income (loss) was as follows as of and for the periods indicated:        As of or for the        three months ended        June 30,   (Amounts in millions)    2020     2019   Beginning balance    $ 1,140     $ 943   Unrealized gains (losses) arising during the period:      Unrealized gains (losses) on fixed maturity securities      3,911       1,957   Adjustment to deferred acquisition costs      (111 )      (52 )  Adjustment to present value of future profits      5       (2 )  Adjustment to sales inducements      (34 )      (12 )  Adjustment to benefit reserves      (2,802 )      (1,412 )  Provision for income taxes      (207 )      (104 )                   Change in unrealized gains (losses) on investment securities      762       375   Reclassification adjustments to net investment (gains) losses, net of taxes of $24 and $(1)      (88 )      1                    Change in net unrealized investment gains (losses)      674       376   Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests      3       14                    Ending balance    $ 1,811     $ 1,305                         As of or for the        six months ended        June 30,   (Amounts in millions)    2020     2019   Beginning balance    $ 1,456     $ 595   Unrealized gains (losses) arising during the period:      Unrealized gains (losses) on fixed maturity securities      2,199       3,956   Adjustment to deferred acquisition costs      57       (1,041 )  Adjustment to present value of future profits      4       (55 )  Adjustment to sales inducements      2       (31 )  Adjustment to benefit reserves      (1,694 )      (1,800 )  Provision for income taxes      (120 )      (227 )                   Change in unrealized gains (losses) on investment securities      448       802   Reclassification adjustments to net investment (gains) losses, net of taxes of $25 and $12      (94 )      (46 )                   Change in net unrealized investment gains (losses)      354       756   Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests      (1 )      46                    Ending balance    $ 1,811     $ 1,305                    Amounts reclassified out of accumulated other comprehensive income (loss) to net investment gains (losses) include realized gains (losses) on sales of securities, which are determined on a specific identification basis.   (d) Fixed Maturity Securities As of June 30, 2020, the amortized cost or cost, gross unrealized gains (losses), allowance for credit losses and fair value of our fixed maturity securities classified as available-for-sale were as follows:       Amortized     Gross     Gross     Allowance             cost or     unrealized     unrealized     for credit     Fair   (Amounts in millions)   cost     gains     losses     losses     value   Fixed maturity securities:              U.S. government, agencies and government-sponsored enterprises    $ 3,877      $ 1,725      $ —       $ —       $ 5,602   State and political subdivisions      2,503        496        (1 )      —         2,998   Non-U.S. government      1,424        125        (7 )      —         1,542   U.S. corporate:                                        Utilities      4,392        879        (1 )      —         5,270   Energy      2,454        203        (63 )      —         2,594   Finance and insurance      7,400        1,017        (14 )      —         8,403   Consumer—non-cyclical      5,132        1,147        (2 )      —         6,277   Technology and communications      2,912        503        (4 )      —         3,411   Industrial      1,350        157        (4 )      —         1,503   Capital goods      2,580        454        (6 )      —         3,028   Consumer—cyclical      1,748        224        (6 )      —         1,966   Transportation      1,335        254        (24 )      —         1,565   Other      340        38        —         —         378                                              Total U.S. corporate      29,643        4,876        (124 )      —         34,395                                              Non-U.S. corporate:                                        Utilities      811        68        —         —         879   Energy      1,141        148        (14 )      —         1,275   Finance and insurance      2,199        284        (16 )      (1 )      2,466   Consumer—non-cyclical      692        86        (1 )      —         777   Technology and communications      1,066        182        (1 )      —         1,247   Industrial      883        116        (4 )      —         995   Capital goods      565        50        (2 )      —         613   Consumer—cyclical      380        27        —         —         407   Transportation      560        84        (6 )      (3 )      635   Other      1,376        218        (3 )      —         1,591                                              Total non-U.S. corporate      9,673        1,263        (47 )      (4 )      10,885                                              Residential mortgage-backed      1,927        259        (2 )      —         2,184   Commercial mortgage-backed      2,800        225        (52 )      (3 )      2,970   Other asset-backed      2,987        30        (49 )      —         2,968                                              Total available-for-sale fixed maturity securities    $ 54,834      $ 8,999      $ (282 )    $ (7 )    $ 63,544                                              As of December 31, 2019, the amortized cost or cost, gross unrealized gains (losses) and fair value of our fixed maturity securities classified as available-for-sale were as follows:               Gross unrealized gains      Gross unrealized losses              Amortized     Not other-than-     Other-than-     Not other-than-     Other-than-             cost or     temporarily     temporarily     temporarily     temporarily     Fair   (Amounts in millions)   cost     impaired     impaired     impaired     impaired     value   Fixed maturity securities:                  U.S. government, agencies and government-sponsored enterprises    $ 4,073      $ 952      $ —        $ —       $ —        $ 5,025   State and political subdivisions      2,394        355        —          (2 )      —          2,747   Non-U.S. government      1,235        117        —          (2 )      —          1,350   U.S. corporate:                  Utilities      4,322        675        —          —         —          4,997   Energy      2,404        303        —          (8 )      —          2,699   Finance and insurance      6,977        798        —          (1 )      —          7,774   Consumer—non-cyclical      4,909        796        —          (4 )      —          5,701   Technology and communications      2,883        363        —          (1 )      —          3,245   Industrial      1,271        125        —          —         —          1,396   Capital goods      2,345        367        —          (1 )      —          2,711   Consumer—cyclical      1,590        172        —          (2 )      —          1,760   Transportation      1,320        187        —          (1 )      —          1,506   Other      292        30        —          —         —          322                                                        Total U.S. corporate      28,313        3,816        —          (18 )      —          32,111                                                        Non-U.S. corporate:                  Utilities      779        50        —          —         —          829   Energy      1,140        179        —          —         —          1,319   Finance and insurance      2,087        232        —          —         —          2,319   Consumer—non-cyclical      631        55        —          (2 )      —          684   Technology and communications      1,010        128        —          —         —          1,138   Industrial      896        92        —          —         —          988   Capital goods      565        40        —          —         —          605   Consumer—cyclical      373        24        —          —         —          397   Transportation      557        73        —          (1 )      —          629   Other      1,431        188        —          (2 )      —          1,617                                                        Total non-U.S. corporate      9,469        1,061        —          (5 )      —          10,525                                                        Residential mortgage-backed      2,057        199        15        (1 )      —          2,270   Commercial mortgage-backed      2,897        137        —          (8 )      —          3,026   Other asset-backed      3,262        30        —          (7 )      —          3,285                                                        Total available-for-sale fixed maturity securities    $ 53,700      $ 6,667      $ 15      $ (43 )    $ —        $ 60,339                                                        The following table presents the gross unrealized losses and fair values of our fixed maturity securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of June 30, 2020:       Less than 12 months     12 months or more     Total             Gross                 Gross                 Gross             Fair     unrealized     Number of     Fair     unrealized     Number of     Fair     unrealized     Number of   (Dollar amounts in millions)   value     losses     securities     value     losses     securities     value     losses     securities   Description of Securities                   Fixed maturity securities:                   State and political subdivisions   $ 23     $ (1 )      6     $ —       $ —         —       $ 23     $ (1 )      6   Non-U.S. government     207       (7 )      18       —         —         —         207       (7 )      18   U.S. corporate     1,785       (107 )      291       182       (17 )      18       1,967       (124 )      309   Non-U.S. corporate     613       (37 )      125       12       (2 )      2       625       (39 )      127   Residential mortgage-backed     36       (1 )      11       8       (1 )      4       44       (2 )      15   Commercial mortgage-backed     625       (50 )      105       —         —         —         625       (50 )      105   Other asset-backed     1,329       (38 )      291       263       (11 )      62       1,592       (49 )      353                                                                           Total for fixed maturity securities in an unrealized loss position   $ 4,618     $ (241 )      847     $ 465     $ (31 )      86     $ 5,083     $ (272 )      933                                                                           % Below cost:                   <20% Below cost   $ 4,538     $ (211 )      825     $ 442     $ (24 )      83     $ 4,980     $ (235 )      908   20%-50% Below cost     80       (30 )      22       22       (6 )      2       102       (36 )      24   >50% Below cost     —         —         —         1       (1 )      1       1       (1 )      1                                                                           Total for fixed maturity securities in an unrealized loss position   $ 4,618     $ (241 )      847     $ 465     $ (31 )      86     $ 5,083     $ (272 )      933                                                                           Investment grade   $ 3,731     $ (163 )      701     $ 330     $ (18 )      71     $ 4,061     $ (181 )      772   Below investment grade     887       (78 )      146       135       (13 )      15       1,022       (91 )      161                                                                           Total for fixed maturity securities in an unrealized loss position   $ 4,618     $ (241 )      847     $ 465     $ (31 )      86     $ 5,083     $ (272 )      933                                                                           The following table presents the gross unrealized losses and fair values of our corporate securities, for which an allowance for credit loss has not been recorded, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of June 30, 2020:       Less than 12 months     12 months or more     Total             Gross                 Gross                 Gross             Fair     unrealized     Number of     Fair     unrealized     Number of     Fair     unrealized     Number of   (Dollar amounts in millions)   value     losses     securities     value     losses     securities     value     losses     securities   Description of Securities                   U.S. corporate:                   Utilities   $ 35     $ (1 )      6     $ —       $ —         —       $ 35     $ (1 )      6   Energy     594       (50 )      93       88       (13 )      11       682       (63 )      104   Finance and insurance     429       (14 )      56       —         —         —         429       (14 )      56   Consumer—non-cyclical     80       (1 )      17       43       (1 )      2       123       (2 )      19   Technology and communications     89       (4 )      20       —         —         —         89       (4 )      20   Industrial     98       (4 )      9       —         —         —         98       (4 )      9   Capital goods     90       (5 )      14       14       (1 )      1       104       (6 )      15   Consumer—cyclical     181       (4 )      32       37       (2 )      4       218       (6 )      36   Transportation     189       (24 )      44       —         —         —         189       (24 )      44                                                                           Subtotal, U.S. corporate securities     1,785       (107 )      291       182       (17 )      18       1,967       (124 )      309                                                                           Non-U.S. corporate:                   Energy     150       (14 )      23       —         —         —         150       (14 )      23   Finance and insurance     215       (10 )      43       —         —         —         215       (10 )      43   Consumer—non-cyclical     —         —         —         6       (1 )      1       6       (1 )      1   Technology and communications     34       (1 )      16       —         —         —         34       (1 )      16   Industrial     80       (4 )      11       —         —         —         80       (4 )      11   Capital goods     62       (2 )      8       —         —         —         62       (2 )      8   Transportation     42       (4 )      15       —         —         —         42       (4 )      15   Other     30       (2 )      9       6       (1 )      1       36       (3 )      10                                                                           Subtotal, non-U.S. corporate securities     613       (37 )      125       12       (2 )      2       625       (39 )      127                                                                           Total for corporate securities in an unrealized loss position   $ 2,398     $ (144 )      416     $ 194     $ (19 )      20     $ 2,592     $ (163 )      436                                                                           We did not recognize an allowance for credit losses on securities in an unrealized loss position included in the tables above. Based on a qualitative and quantitative review of the issuers of the securities, we believe the decline in fair value is largely due to recent market volatility and is not indicative of credit losses. The issuers continue to make timely principal and interest payments. For all securities in an unrealized loss position without an allowance for credit losses, we expect to recover the amortized cost based on our estimate of the amount and timing of cash flows to be collected. We do not intend to sell nor do we expect that we will be required to sell these securities prior to recovering our amortized cost.   The following table presents the gross unrealized losses and fair values of our fixed maturity securities, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of December 31, 2019:       Less than 12 months     12 months or more     Total   (Dollar amounts in millions)   Fair value     Gross unrealized losses     Number   of securities     Fair value     Gross unrealized losses     Number   of securities     Fair value     Gross unrealized losses     Number   of securities   Description of Securities                   Fixed maturity securities:                   State and political subdivisions   $ 91     $ (2 )      14     $ —       $ —         —       $ 91     $ (2 )      14   Non-U.S. government     224       (2 )      20       —         —         —         224       (2 )      20   U.S. corporate     123       (5 )      27       302       (13 )      33       425       (18 )      60   Non-U.S. corporate     79       (1 )      12       62       (4 )      7       141       (5 )      19   Residential mortgage-backed     22       (1 )      10       —         —         —         22       (1 )      10   Commercial mortgage-backed     381       (5 )      51       14       (3 )      3       395       (8 )      54   Other asset-backed     532       (2 )      97       439       (5 )      115       971       (7 )      212                                                                           Total for fixed maturity securities in an unrealized loss position   $ 1,452     $ (18 )      231     $ 817     $ (25 )      158     $ 2,269     $ (43 )      389                                                                           % Below cost:                   <20% Below cost   $ 1,452     $ (18 )      231     $ 807     $ (20 )      155     $ 2,259     $ (38 )      386   20%-50% Below cost     —         —         —         10       (5 )      3       10       (5 )      3                                                                           Total for fixed maturity securities in an unrealized loss position   $ 1,452     $ (18 )      231     $ 817     $ (25 )      158     $ 2,269     $ (43 )      389                                                                           Investment grade   $ 1,408     $ (14 )      223     $ 702     $ (15 )      145     $ 2,110     $ (29 )      368   Below investment grade     44       (4 )      8       115       (10 )      13       159       (14 )      21                                                                           Total for fixed maturity securities in an unrealized loss position   $ 1,452     $ (18 )      231     $ 817     $ (25 )      158     $ 2,269     $ (43 )      389                                                                           The following table presents the gross unrealized losses and fair values of our corporate securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of December 31, 2019:       Less than 12 months     12 months or more     Total   (Dollar amounts in millions)   Fair value     Gross unrealized losses     Number of securities     Fair value     Gross unrealized losses     Number of securities     Fair value     Gross unrealized losses     Number of securities   Description of Securities                   U.S. corporate:                   Energy   $ 54     $ (3 )      10     $ 80     $ (5 )      10     $ 134     $ (8 )      20   Finance and insurance     —         —         —         34       (1 )      4       34       (1 )      4   Consumer—non-cyclical     34       (1 )      9       93       (3 )      9       127       (4 )      18   Technology and communications     —         —         —         18       (1 )      2       18       (1 )      2   Capital goods     35       (1 )      8       —         —         —         35       (1 )      8   Consumer—cyclical     —         —         —         54       (2 )      6       54       (2 )      6   Transportation     —         —         —         23       (1 )      2       23       (1 )      2                                                                           Subtotal, U.S. corporate securities     123       (5 )      27       302       (13 )      33       425       (18 )      60                                                                           Non-U.S. corporate:                   Consumer—non-cyclical     —         —         —         31       (2 )      3       31       (2 )      3   Transportation     —         —         —         25       (1 )      3       25       (1 )      3   Other     79       (1 )      12       6       (1 )      1       85       (2 )      13                                                                           Subtotal, non-U.S. corporate securities     79       (1 )      12       62       (4 )      7       141       (5 )      19                                                                           Total for corporate securities in an unrealized loss position   $ 202     $ (6 )      39     $ 364     $ (17 )      40     $ 566     $ (23 )      79                                                                           The scheduled maturity distribution of fixed maturity securities as of June 30, 2020 is set forth below. Actual maturities may differ from contractual maturities because issuers of securities may have the right to call or prepay obligations with or without call or prepayment penalties.   (Amounts in millions)    Amortized cost or cost      Fair value   Due one year or less    $ 1,494      $ 1,517   Due after one year through five years      9,518        10,054   Due after five years through ten years      12,978        14,478   Due after ten years      23,130        29,373                     Subtotal      47,120        55,422   Residential mortgage-backed      1,927        2,184   Commercial mortgage-backed      2,800        2,970   Other asset-backed      2,987        2,968                     Total    $ 54,834      $ 63,544                     As of June 30, 2020, securities issued by finance and insurance, consumer—non-cyclical, utilities and technology and communications industry groups represented approximately 24%, 16%, 14% and 10%, respectively, of our domestic and foreign corporate fixed maturity securities portfolio. No other industry group comprised more than 10% of our investment portfolio. As of June 30, 2020, we did not hold any fixed maturity securities in any single issuer, other than securities issued or guaranteed by the U.S. government, which exceeded 10% of stockholders’ equity. (e) Commercial Mortgage Loans Our mortgage loans are collateralized by commercial properties, including multi-family residential buildings. The carrying value of commercial mortgage loans is stated at original cost net of principal payments, amortization and allowance for credit losses. We diversify our commercial mortgage loans by both property type and geographic region. The following tables set forth the distribution across property type and geographic region for commercial mortgage loans as of the dates indicated:        June 30, 2020     December 31, 2019   (Amounts in millions)    Carrying value      % of total     Carrying value      % of total   Property type:            Retail    $ 2,531        36 %    $ 2,590        37 %  Industrial      1,655        24       1,670        24   Office      1,636        24       1,632        23   Apartments      583        8       541        8   Mixed use      279        4       281        4   Other      261        4       266        4                                      Subtotal      6,945        100 %      6,980        100 %                         Unamortized balance of loan origination fees      —            (4 )     Allowance for credit losses      (28 )         (13 )                            Total    $ 6,917        $ 6,963                                  June 30, 2020     December 31, 2019   (Amounts in millions)    Carrying value      % of total     Carrying value      % of total   Geographic region:            South Atlantic    $ 1,751        25 %    $ 1,715        25 %  Pacific      1,623        23       1,673        24   Middle Atlantic      989        14       992        14   Mountain      765        11       753        11   West North Central      476        7       488        7   East North Central      457        7       455        6   West South Central      436        6       433        6   New England      254        4       257        4   East South Central      194        3       214        3                                      Subtotal      6,945        100 %      6,980        100 %                         Unamortized balance of loan origination fees      —            (4 )     Allowance for credit losses      (28 )         (13 )                            Total    $ 6,917        $ 6,963                             The following tables set forth the aging of past due commercial mortgage loans by property type as of the dates indicated:        June 30, 2020   (Amounts in millions)    31 - 60 days past due     61 - 90 days past due     Greater than 90 days past due     Total past due     Current     Total   Property type:              Retail    $ 10     $ —       $ —       $ 10     $ 2,521     $ 2,531   Industrial      —         —         —         —         1,655       1,655   Office      —         —         —         —         1,636       1,636   Apartments      —         —         —         —         583       583   Mixed use      —         —         —         —         279       279   Other      —         —         —         —         261       261                                                    Total amortized cost    $ 10     $ —       $ —       $ 10     $ 6,935     $ 6,945                                                    % of total commercial mortgage loans      —   %      —   %      —   %      —   %      100 %      100 %                                                          December 31, 2019   (Amounts in millions)    31 - 60 days past due     61 - 90 days past due     Greater than 90 days past due     Total past due     Current     Total   Property type:              Retail    $ —       $ —       $ —       $ —       $ 2,590     $ 2,590   Industrial      —         —         —         —         1,670       1,670   Office      —         —         —         —         1,632       1,632   Apartments      —         —         —         —         541       541   Mixed use      —         —         —         —         281       281   Other      —         —         —         —         266       266                                                    Total recorded investment    $ —       $ —       $ —       $ —       $ 6,980     $ 6,980                                                    % of total commercial mortgage loans      —   %      —   %      —   %      —   %      100 %      100 %                                                   For a discussion of our policy related to placing commercial mortgage loans on non-accrual status, see Note 2—Summary of Significant Accounting Policies included in the Notes to Consolidated Financial Statements in our 2019 Annual Report on Form 10-K. As of June 30, 2020 and December 31, 2019, we had no commercial mortgage loans on non-accrual status. During the six months ended June 30, 2020 and the year ended December 31, 2019, we did not have any modifications or extensions that were considered troubled debt restructurings. The following table sets forth the allowance for credit losses related to commercial mortgage loans as of or for the periods indicated:        Three months ended June 30,      Six months ended June 30,   (Amounts in millions)      2020          2019          2020          2019     Allowance for credit losses:             Beginning balance    $ 29      $ 10      $ 13      $ 9   Cumulative effect of change in accounting      —          —          16        —     Provision      (1 )       1        (1 )       2   Write-offs      —          —          —          —     Recoveries      —          —          —          —                                         Ending balance    $ 28      $ 11      $ 28      $ 11                                       In evaluating the credit quality of commercial mortgage loans, we assess the performance of the underlying loans using both quantitative and qualitative criteria. Certain risks associated with commercial mortgage loans can be evaluated by reviewing both the debt-to-value and debt service coverage ratio to understand both the probability of the borrower not being able to make the necessary loan payments as well as the ability to sell the underlying property for an amount that would enable us to recover our unpaid principal balance in the event of default by the borrower. The average debt-to-value ratio is based on our most recent estimate of the fair value for the underlying property which is evaluated at least annually and updated more frequently if necessary to better indicate risk associated with the loan. A lower debt-to-value indicates that our loan value is more likely to be recovered in the event of default by the borrower if the property was sold. The debt service coverage ratio is based on “normalized” annual income of the property compared to the payments required under the terms of the loan. Normalization allows for the removal of annual one-time events such as capital expenditures, prepaid or  late real estate tax payments or non-recurring third-party fees (such as legal, consulting or contract fees). This ratio is evaluated at least annually and updated more frequently if necessary to better indicate risk associated with the loan. A higher debt service coverage ratio indicates the borrower is less likely to default on the loan. The debt service coverage ratio is not used without considering other factors associated with the borrower, such as the borrower’s liquidity or access to other resources that may result in our expectation that the borrower will continue to make the future scheduled payments.    The following tables set forth the debt-to-value of commercial mortgage loans by property type as of the dates indicated:        June 30, 2020   (Amounts in millions)    0% - 50%     51% - 60%     61% - 75%     76% - 100%     Greater than 100%     Total   Property type:              Retail    $ 963     $ 572     $ 996     $ —       $ —       $ 2,531   Industrial      758       344       553       —         —         1,655   Office      530       359       739       8       —         1,636   Apartments      218       98       267       —         —         583   Mixed use      104       67       108       —         —         279   Other      57       65       139       —         —         261                                                    Total amortized cost    $ 2,630     $ 1,505     $ 2,802     $ 8     $ —       $ 6,945                                                    % of total      38 %      22 %      40 %      —   %      —   %      100 %                                                   Weighted-average debt service coverage ratio      2.31       1.80       1.56       1.42       —         1.90                                                           December 31, 2019   (Amounts in millions)    0% - 50%     51% - 60%     61% - 75%     76% - 100%     Greater than 100%     Total   Property type:              Retail    $ 986     $ 579     $ 1,025     $ —       $ —       $ 2,590   Industrial      808       337       525       —         —         1,670   Office      529       380       723       —         —         1,632   Apartments      211       110       220       —         —         541   Mixed use      104       70       107       —         —         281   Other      56       69       141       —         —         266                                                    Total recorded investment    $ 2,694     $ 1,545     $ 2,741     $ —       $ —       $ 6,980                                                    % of total      39 %      22 %      39 %      —   %      —   %      100 %                                                   Weighted-average debt service coverage ratio      2.32       1.81       1.55       —         —         1.90                                                    The following tables set forth the debt service coverage ratio for fixed rate commercial mortgage loans by property type as of the dates indicated:        June 30, 2020   (Amounts in millions)    Less than 1.00     1.00 - 1.25     1.26 - 1.50     1.51 - 2.00     Greater than 2.00     Total   Property type:              Retail    $ 63     $ 136     $ 599     $ 1,118     $ 615     $ 2,531   Industrial      24       64       215       670       682       1,655   Office      28       112       269       751       476       1,636   Apartments      11       25       178       184       185       583   Mixed use      3       18       37       106       115       279   Other      33       145       19       31       33       261                                                    Total amortized cost    $ 162     $ 500     $ 1,317     $ 2,860     $ 2,106     $ 6,945                                                    % of total      3 %      7 %      19 %      41 %      30 %      100 %                                                   Weighted-average debt-to-value      57 %      61 %      63 %      58 %      41 %      54 %                                                          December 31, 2019   (Amounts in millions)    Less than 1.00     1.00 - 1.25     1.26 - 1.50     1.51 - 2.00     Greater than 2.00     Total   Property type:              Retail    $ 68     $ 141     $ 596     $ 1,148     $ 637     $ 2,590   Industrial      24       51       221       658       716       1,670   Office      44       89       277       751       471       1,632   Apartments      16       32       129       175       189       541   Mixed use      4       16       37       107       117       281   Other      34       147       20       31       34       266                                                    Total recorded investment    $ 190     $ 476     $ 1,280     $ 2,870     $ 2,164     $ 6,980                                                    % of total      3 %      7 %      18 %      41 %      31 %      100 %                                                   Weighted-average debt-to-value      59 %      61 %      63 %      58 %      41 %      54 %                                                   The following tables set forth commercial mortgage loans by year of origination and credit quality indicator as of June 30, 2020:   (Amounts in millions)    2020      2019      2018      2017      2016      2015 and prior      Total   Debt-to-value:                      0% - 50%    $ 4      $ 15      $ 36      $ 105      $ 118      $ 2,352      $ 2,630   51% - 60%      29        33        190        289        155        809        1,505   61% - 75%      236        748        766        337        226        489        2,802   76% - 100%      —          —          8        —          —          —          8   Greater than 100%      —          —          —          —          —          —          —                                                                    Total amortized cost    $ 269      $ 796      $ 1,000      $ 731      $ 499      $ 3,650      $ 6,945                                                                  Debt service coverage ratio:                                                            Less than 1.00    $ —        $ —        $ 33      $ 3      $ —        $ 126      $ 162   1.00 - 1.25      39        12        107        73        13        256        500   1.26 - 1.50      62        359        261        97        88        450        1,317   1.51 - 2.00      130        357        505        322        268        1,278        2,860   Greater than 2.00      38        68        94        236        130        1,540        2,106                                                                  Total amortized cost    $ 269      $ 796      $ 1,000      $ 731      $ 499      $ 3,650      $ 6,945                                                                  Write-offs, gross    $ —        $ —        $ —        $ —        $ —        $ —        $ —     Recoveries      —          —          —          —          —          —          —                                                                    Write-offs, net    $ —        $ —        $ —        $ —        $ —        $ —        $ —                                                                    (f) Limited Partnerships or Similar Entities Limited partnerships are accounted for at fair value when our partnership interest is considered minor (generally less than 3% ownership in the limited partnerships) and we exercise no influence over operating and financial policies. If our ownership percentage exceeds that threshold, limited partnerships are accounted for using the equity method of accounting. In applying either method, we use financial information provided by the investee generally on a one-to-three month lag. However, for limited partnerships measured at fair value, we consider whether an adjustment to the estimated fair value is necessary when the measurement date is not aligned with our reporting date. Investments in limited partnerships or similar entities are generally considered VIEs when the equity group lacks sufficient financial control. Generally, these investments are limited partner or non-managing member equity investments in a widely held fund that is sponsored and managed by a reputable asset manager. We are not the primary beneficiary of any VIE investment in a limited partnership or similar entity. As of June 30, 2020 and December 31, 2019, the total carrying value of these investments was $743 million and $616 million, respectively. Our maximum exposure to loss is equal to the outstanding carrying value and future funding commitments. We have not contributed, and do not plan to contribute, any additional financial or other support outside of what is contractually obligated.

X

- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2209399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2176304 + Details Name: us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Derivative Instruments	6 Months Ended
	Jun. 30, 2020
Derivative Instruments	(5) Derivative Instruments Our business activities routinely deal with fluctuations in interest rates, equity prices, currency exchange rates and other asset and liability prices. We use derivative instruments to mitigate or reduce some of these risks.   We have established policies for managing each of these risks, including prohibitions on derivatives market-making and other speculative derivatives activities. These policies require the use of derivative instruments in concert with other techniques to reduce or mitigate these risks. While we use derivatives to mitigate or reduce risks, certain derivatives do not meet the accounting requirements to be designated as hedging instruments and are denoted as “derivatives not designated as hedges” in the following disclosures. For derivatives that meet the accounting requirements to be designated as hedges, the following disclosures for these derivatives are denoted as “derivatives designated as hedges,” which include cash flow hedges. The following table sets forth our positions in derivative instruments as of the dates indicated:       Derivative assets     Derivative liabilities             Fair value           Fair value   (Amounts in millions)   Balance sheet   classification     June 30, 2020     December 31, 2019     Balance sheet   classification     June 30, 2020     December 31, 2019   Derivatives designated as hedges             Cash flow hedges:             Interest rate swaps     Other invested assets     $ 939     $ 197       Other liabilities     $ —       $ 10   Foreign currency swaps     Other invested assets       17       4       Other liabilities       —         —                                         Total cash flow hedges       956       201         —         10                                       Total derivatives designated as hedges       956       201         —         10                                       Derivatives not designated as hedges             Equity index options     Other invested assets       66       81       Other liabilities       —         —     Financial futures     Other invested assets       —         —         Other liabilities       —         —     Other foreign currency contracts     Other invested assets       2       8       Other liabilities       1       1   GMWB embedded derivatives     Reinsurance   recoverable (1)         38       20       Policyholder account balances   (2)         559       323   Fixed index annuity embedded derivatives     Other assets       —         —         Policyholder account balances   (3)         447       452   Indexed universal life embedded derivatives     Reinsurance   recoverable         —         —         Policyholder account balances   (4)         23       19                                       Total derivatives not designated as hedges       106       109         1,030       795                                       Total derivatives     $ 1,062     $ 310       $ 1,030     $ 805                                         (1)   Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities. (2)   Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. (3)   Represents the embedded derivatives associated with our fixed index annuity liabilities. (4)   Represents the embedded derivatives associated with our indexed universal life liabilities. The fair value of derivative positions presented above was not offset by the respective collateral amounts received or provided under these agreements.   The activity associated with derivative instruments can generally be measured by the change in notional value over the periods presented. However, for GMWB embedded derivatives, fixed index annuity embedded derivatives and indexed universal life embedded derivatives, the change between periods is best illustrated by the number of policies. The following tables represent activity associated with derivative instruments as of the dates indicated:   (Notional in millions)    Measurement    December 31, 2019      Additions      Maturities/ terminations     June 30, 2020   Derivatives designated as hedges               Cash flow hedges:               Interest rate swaps    Notional    $ 8,968      $ 1,158      $ (1,880 )    $ 8,246   Foreign currency swaps    Notional      110        —          —         110                                         Total cash flow hedges         9,078        1,158        (1,880 )      8,356                                         Total derivatives designated as hedges         9,078        1,158        (1,880 )      8,356                                         Derivatives not designated as hedges                                   Interest rate swaps    Notional      4,674        —          —         4,674   Equity index options    Notional      2,451        883        (1,126 )      2,208   Financial futures    Notional      1,182        3,082        (2,914 )      1,350   Other foreign currency contracts    Notional      628        3,009        (2,618 )      1,019                                         Total derivatives not designated as hedges         8,935        6,974        (6,658 )      9,251                                         Total derivatives       $ 18,013      $ 8,132      $ (8,538 )    $ 17,607                                         (Number of policies)    Measurement    December 31, 2019      Additions      Maturities/ terminations     June 30, 2020   Derivatives not designated as hedges               GMWB embedded derivatives    Policies      25,623        —          (992 )      24,631   Fixed index annuity embedded derivatives    Policies      15,441        —          (668 )      14,773   Indexed universal life embedded derivatives    Policies      884        —          (28 )      856   Cash Flow Hedges Certain derivative instruments are designated as cash flow hedges. The changes in fair value of these instruments are recorded as a component of OCI. We designate and account for the following as cash flow hedges when they have met the effectiveness requirements: (i) various types of interest rate swaps to convert floating rate investments to fixed rate investments; (ii) various types of interest rate swaps to convert floating rate liabilities into fixed rate liabilities; (iii) receive U.S. dollar fixed on foreign currency swaps to hedge the foreign currency cash flow exposure of foreign currency denominated investments; (iv) forward starting interest rate swaps to hedge against changes in interest rates associated with future fixed rate bond purchases and/or interest income; and (v) other instruments to hedge the cash flows of various forecasted transactions.   The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the three months ended June 30, 2020:   (Amounts in millions)   Gain (loss) recognized in OCI     Gain (loss) reclassified into net income (loss) from OCI     Classification of gain (loss) reclassified into net income (loss)   Gain (loss) recognized in net income (loss)     Classification of gain (loss) recognized in net income (loss) Interest rate swaps hedging assets   $ (57 )    $ 46     Net investment income   $ —       Net investment gains (losses) Interest rate swaps hedging liabilities     1       —       Interest expense     —       Net investment gains (losses) Foreign currency swaps     (4 )      —       Net investment income     —       Net investment gains (losses)                             Total   $ (60 )    $ 46       $ —                                   The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the three months ended June 30, 2019:   (Amounts in millions)   Gain (loss) recognized in OCI     Gain (loss) reclassified into net income (loss) from OCI     Classification of gain (loss) reclassified into net income (loss)   Gain (loss) recognized in net income (loss)   Classification of gain (loss) recognized in net income (loss) Interest rate swaps hedging assets   $ 216     $ 42     Net investment income   $ —     Net investment gains (losses) Interest rate swaps hedging assets     —         (4 )    Net investment gains (losses)     —     Net investment gains (losses) Interest rate swaps hedging liabilities     (20 )      —       Interest expense     —     Net investment gains (losses) Foreign currency swaps     2       (1 )    Net investment income     —     Net investment gains (losses)                           Total   $ 198     $ 37       $ —                               The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the six months ended June 30, 2020:   (Amounts in millions)   Gain (loss) recognized in OCI     Gain (loss) reclassified into net income (loss) from OCI     Classification of gain (loss) reclassified into net income (loss)   Gain (loss) recognized in net income (loss)   Classification of gain (loss) recognized in net income (loss) Interest rate swaps hedging assets   $ 984     $ 89     Net investment income   $ —     Net investment gains (losses) Interest rate swaps hedging assets     —         4     Net investment gains (losses)     —     Net investment gains (losses) Interest rate swaps hedging liabilities     (62 )      —       Interest expense     —     Net investment gains (losses) Foreign currency swaps     13       —       Net investment income     —     Net investment gains (losses)                           Total   $ 935     $ 93       $ —                                 The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the six months ended June 30, 2019:   (Amounts in millions)   Gain (loss) recognized in OCI     Gain (loss) reclassified into net income (loss) from OCI     Classification of gain (loss) reclassified into net income (loss)   Gain (loss) recognized in net income (loss)     Classification of gain (loss) recognized in net income (loss) Interest rate swaps hedging assets   $ 353     $ 80     Net investment income   $ —       Net investment gains (losses) Interest rate swaps hedging assets     —         2     Net investment gains (losses)     —       Net investment gains (losses) Interest rate swaps hedging liabilities     (32 )      —       Interest expense     —       Net investment gains (losses) Foreign currency swaps     (1 )      (1 )    Net investment income     —       Net investment gains (losses) Foreign currency swaps     —         —       Net investment gains (losses)     2     Net investment gains (losses)                             Total   $ 320     $ 81       $ 2                                 The following tables provide a reconciliation of current period changes, net of applicable income taxes, for these designated derivatives presented in the separate component of stockholders’ equity labeled “derivatives qualifying as hedges,” for the periods indicated:        Three months ended June 30,   (Amounts in millions)        2020             2019       Derivatives qualifying as effective accounting hedges as of April 1    $ 2,755     $ 1,850   Current period increases (decreases) in fair value, net of deferred taxes of $12 and $(41)      (48 )      157   Reclassification to net (income), net of deferred taxes of $16 and $13      (30 )      (24 )                   Derivatives qualifying as effective accounting hedges as of June 30    $ 2,677     $ 1,983                           Six months ended June 30,   (Amounts in millions)        2020             2019       Derivatives qualifying as effective accounting hedges as of January 1    $ 2,002     $ 1,781   Current period increases (decreases) in fair value, net of deferred taxes of $(200) and $(66)      735       254   Reclassification to net (income), net of deferred taxes of $33 and $29      (60 )      (52 )                   Derivatives qualifying as effective accounting hedges as of June 30    $ 2,677     $ 1,983                    The total of derivatives designated as cash flow hedges of $2,677 million, net of taxes, recorded in stockholders’ equity as of June 30, 2020 is expected to be reclassified to net income (loss) in the future, concurrently with and primarily offsetting changes in interest expense and interest income on floating rate instruments and interest income on future fixed rate bond purchases. Of this amount, $123 million, net of taxes, is expected to be reclassified to net income (loss) in the next 12 months. Actual amounts may vary from this amount as a result of market conditions. All forecasted transactions associated with qualifying cash flow hedges are expected to occur by 2057. During the six months ended June 30, 2020 and 2019, we reclassified $1 million   and $2 million, respectively, to net income (loss) in connection with forecasted transactions that were no longer considered probable of occurring. Derivatives Not Designated As Hedges We also enter into certain non-qualifying derivative instruments such as: (i) interest rate swaps and financial futures to mitigate interest rate risk as part of managing regulatory capital positions; (ii) equity index options, equity return swaps, interest rate swaps and financial futures to mitigate the risks associated with liabilities that have guaranteed minimum benefits, fixed index annuities and indexed universal life; (iii) interest rate caps where the hedging relationship does not qualify for hedge accounting; (iv) foreign currency forward contracts to mitigate currency risk associated with non-functional currency investments held by certain foreign subsidiaries; and (v) foreign currency options and forward contracts to mitigate currency risk associated with future dividends or other cash flows from certain foreign subsidiaries to our holding company. Additionally, we provide GMWBs on certain variable annuities that are required to be bifurcated as embedded derivatives. We also offer fixed index annuity and indexed universal life insurance products and have reinsurance agreements with certain features that are required to be bifurcated as embedded derivatives. The following table provides the pre-tax gain (loss) recognized in net income (loss) for the effects of derivatives not designated as hedges for the periods indicated:     Three months ended June 30,     Classification of gain (loss) recognized in net income (loss) (Amounts in millions)   2020      2019   Interest rate swaps   $ (2 )    $ (3 )    Net investment gains (losses) Equity index options     4       10     Net investment gains (losses) Financial futures     (123 )      17     Net investment gains (losses) Other foreign currency contracts     44       (7 )    Net investment gains (losses) GMWB embedded derivatives     129       (22 )    Net investment gains (losses) Fixed index annuity embedded derivatives     (45 )      (20 )    Net investment gains (losses) Indexed universal life embedded derivatives     3       (1 )    Net investment gains (losses)                   Total derivatives not designated as hedges   $ 10     $ (26 )                            Six months ended June 30,     Classification of gain (loss) recognized in net income (loss) (Amounts in millions)   2020     2019   Interest rate swaps   $ (12 )    $ (4 )    Net investment gains (losses) Equity index options     (9 )      27     Net investment gains (losses) Financial futures     138       (27 )    Net investment gains (losses) Other foreign currency contracts     (3 )      (7 )    Net investment gains (losses) GMWB embedded derivatives     (207 )      23     Net investment gains (losses) Fixed index annuity embedded derivatives     (13 )      (58 )    Net investment gains (losses) Indexed universal life embedded derivatives     7       —       Net investment gains (losses)                   Total derivatives not designated as hedges   $ (99 )    $ (46 )                        Derivative Counterparty Credit Risk Most of our derivative arrangements with counterparties require the posting of collateral upon meeting certain net exposure thresholds. The following table presents additional information about derivative assets and liabilities subject to an enforceable master netting arrangement as of the dates indicated:       June 30, 2020     December 31, 2019   (Amounts in millions)   Derivative assets  (1)     Derivative liabilities  (2)     Net derivatives     Derivative assets  (1)     Derivative liabilities  (2)     Net derivatives   Amounts presented in the balance sheet:             Gross amounts recognized   $ 1,024     $ 1     $ 1,023     $ 291     $ 11     $ 280   Gross amounts offset in the balance sheet     —         —         —         —         —         —                                                     Net amounts presented in the balance sheet     1,024       1       1,023       291       11       280   Gross amounts not offset in the balance sheet:             Financial instruments  (3)     (1 )      (1 )      —         (7 )      (7 )      —     Collateral received     (864 )      —         (864 )      (179 )      —         (179 )  Collateral pledged     —         (434 )      434       —         (405 )      405   Over collateralization     19       433       (414 )      18       401       (383 )                                                  Net amount   $ 178     $ (1 )    $ 179     $ 123     $ —       $ 123                                                     (1)   Included $1 million of accruals on derivatives classified as other assets as of December 31, 2019 and does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019. (2)   Does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019. (3)   Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.

X

- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 + Details Name: us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2020
Fair Value of Financial Instruments	(6) Fair Value of Financial Instruments Recurring Fair Value Measurements We have fixed maturity securities, short-term investments, equity securities, limited partnerships, derivatives, embedded derivatives, securities held as collateral, separate account assets and certain other financial instruments, which are carried at fair value. Below is a description of the valuation techniques and inputs used to determine fair value by class of instrument. Fixed maturity, short-term investments and equity securities The fair value of fixed maturity securities, short-term investments and equity securities are estimated primarily based on information derived from third-party pricing services (“pricing services”), internal models and/or broker quotes, which use a market approach, income approach or a combination of the market and income approach depending on the type of instrument and availability of information. In general, a market approach is utilized if there is readily available and relevant market activity for an individual security. In certain cases where market information is not available for a specific security but is available for similar securities, that security is valued using market information for similar securities, which is also a market approach. When market information is not available for a specific security (or similar securities) or is available but such information is less relevant or reliable, an income approach or a combination of a market and income approach is utilized. For securities with optionality, such as call or prepayment features (including mortgage-backed or asset-backed securities), an income approach may be used. In addition, a combination of the results from market and income approaches may be used to estimate fair value. These valuation techniques may change from period to period, based on the relevance and availability of market data. Further, while we consider the valuations provided by pricing services and broker quotes to be of high quality, management determines the fair value of our investment securities after considering all relevant and available information. In general, we first obtain valuations from pricing services. If prices are unavailable for public securities, we obtain broker quotes. For all securities, excluding certain private fixed maturity securities, if neither a pricing service nor broker quotes valuation is available, we determine fair value using internal models. For certain private fixed maturity securities where we do not obtain valuations from pricing services, we utilize an internal model to determine fair value since transactions for similar securities are not readily observable and these securities are not typically valued by pricing services.  Given our understanding of the pricing methodologies and procedures of pricing services, the securities valued by pricing services are typically classified as Level 2 unless we determine the valuation process for a security or group of securities utilizes significant unobservable inputs, which would result in the valuation being classified as Level 3. Broker quotes are typically based on an income approach given the lack of available market data. As the valuation typically includes significant unobservable inputs, we classify the securities where fair value is based on our consideration of broker quotes as Level 3 measurements. For private fixed maturity securities, we utilize an income approach where we obtain public bond spreads and utilize those in an internal model to determine fair value. Other inputs to the model include rating and weighted-average life, as well as sector which is used to assign the spread. We then add an additional premium, which represents an unobservable input, to the public bond spread to adjust for the liquidity and other features of our private placements. We utilize the estimated market yield to discount the expected cash flows of the security to determine fair value. We utilize price caps for securities where the estimated market yield results in a valuation that may exceed the amount that would be received in a market transaction. When a security does not have an external rating, we assign the security an internal rating to determine the appropriate public bond spread that should be utilized in the valuation. While we generally consider the public bond spreads by sector and maturity to be observable inputs, we evaluate the similarities of our private placement with the public bonds, any price caps utilized, liquidity premiums applied, and whether external ratings are available for our private placements to determine whether the spreads utilized would be considered observable inputs. We classify private securities without an external rating or public bond spread as Level 3. In general, a significant increase (decrease) in credit spreads would have resulted in a significant decrease (increase) in the fair value for our fixed maturity securities as of June 30, 2020. For remaining securities priced using internal models, we determine fair value using an income approach. We maximize the use of observable inputs but typically utilize significant unobservable inputs to determine fair value. Accordingly, the valuations are typically classified as Level 3. Our assessment of whether or not there were significant unobservable inputs related to fixed maturity securities was based on our observations obtained through the course of managing our investment portfolio, including interaction with other market participants, observations related to the availability and consistency of pricing and/or rating, and understanding of general market activity such as new issuance and the level of secondary market trading for a class of securities. Additionally, we considered data obtained from pricing services to determine whether our estimated values incorporate significant unobservable inputs that would result in the valuation being classified as Level 3. A summary of the inputs used for our fixed maturity securities, short-term investments and equity securities based on the level in which instruments are classified is included below. We have combined certain classes of instruments together as the nature of the inputs is similar. Level 1 measurements Equity securities. The primary inputs to the valuation of exchange-traded equity securities include quoted prices for the identical instrument. Separate account assets. The fair value of separate account assets is based on the quoted prices of the underlying fund investments and, therefore, represents Level 1 pricing. Level 2 measurements Fixed maturity securities     •   Third-party pricing services: In estimating the fair value of fixed maturity securities, approximately 90% of our portfolio was priced using third-party pricing services as of June 30, 2020. These pricing services utilize industry-standard valuation techniques that include market-based approaches, income-based approaches, a combination of market-based and income-based approaches or other proprietary, internally generated models as part of the valuation processes. These third-party pricing vendors maximize the use of publicly available data inputs to generate valuations for each asset class. Priority and type of inputs used may change frequently as certain inputs may be more direct drivers of valuation at the time of pricing. Examples of significant inputs incorporated by third-party pricing services may include sector and issuer spreads, seasoning, capital structure, security optionality, collateral data, prepayment assumptions, default assumptions, delinquencies, debt covenants, benchmark yields, trade data, dealer quotes, credit ratings, maturity and weighted-average life. We conduct regular meetings with our third-party pricing services for the purpose of understanding the methodologies, techniques and inputs used by the third-party pricing providers.  The following table presents a summary of the significant inputs used by our third-party pricing services for certain fair value measurements of fixed maturity securities that are classified as Level 2 as of June 30, 2020:   (Amounts in millions)   Fair value     Primary methodologies   Significant inputs U.S. government, agencies and government-sponsored enterprises   $ 5,602     Price quotes from trading desk, broker feeds   Bid side prices, trade prices, Option Adjusted Spread (“OAS”) to swap curve, Bond Market Association OAS, Treasury Curve, Agency Bullet Curve, maturity to issuer spread State and political subdivisions   $ 2,935     Multi-dimensional attribute-based modeling systems, third-party pricing vendors   Trade prices, material event notices, Municipal Market Data benchmark yields, broker quotes Non-U.S. government   $ 1,527     Matrix pricing, spread priced to benchmark curves, price quotes from market makers   Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources U.S. corporate   $ 30,874     Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, OAS-based models   Bid side prices to Treasury Curve, Issuer Curve, which includes sector, quality, duration, OAS percentage and change for spread matrix, trade prices, comparative transactions, Trade Reporting and Compliance Engine (“TRACE”) reports Non-U.S. corporate   $ 8,589     Multi-dimensional attribute-based modeling systems, OAS-based models, price quotes from market makers   Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources Residential mortgage-backed   $ 2,160     OAS-based models, single factor binomial models, internally priced   Prepayment and default assumptions, aggregation of bonds with similar characteristics, including collateral type, vintage, tranche type, weighted-average life, weighted-average loan age, issuer program and delinquency ratio, pay up and pay down factors, TRACE reports Commercial mortgage-backed   $           2,949     Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model   Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports Other asset-backed   $ 2,847     Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers   Spreads to daily updated swaps curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports       •   Internal models: A portion of our non-U.S. government, U.S. corporate and non-U.S. corporate securities are valued using internal models. The fair value of these fixed maturity securities was $15 million, $1,189 million and $602 million, respectively, as of June 30, 2020. Internally modeled securities are primarily private fixed maturity securities where we use market observable inputs such as an interest rate yield curve, published credit spreads for similar securities based on the external ratings of the instrument and related industry sector of the issuer. Additionally, we may apply certain price caps and liquidity premiums in the valuation of private fixed maturity securities. Price caps and liquidity premiums are established using inputs from market participants. Equity securities. The primary inputs to the valuation include quoted prices for identical assets, or similar assets in markets that are not active. Securities lending collateral The fair value of securities held as collateral is primarily based on Level 2 inputs from market information for the collateral that is held on our behalf by the custodian. We determine fair value after considering prices obtained by third-party pricing services. Short-term investments The fair value of short-term investments classified as Level 2 is determined after considering prices obtained by third-party pricing services. Level 3 measurements Fixed maturity securities     •   Broker quotes: A portion of our state and political subdivisions, U.S. corporate, non-U.S. corporate, residential mortgage-backed, commercial mortgage-backed and other asset-backed securities are     valued using broker quotes. Broker quotes are obtained from third-party providers that have current market knowledge to provide a reasonable price for securities not routinely priced by third-party pricing services. Brokers utilized for valuation of assets are reviewed annually. The fair value of our Level 3 fixed maturity securities priced by broker quotes was $863 million as of June 30, 2020.     •   Internal models: A portion of our state and political subdivisions, U.S. corporate, non-U.S. corporate, residential mortgage-backed and other asset-backed securities are valued using internal models. The primary inputs to the valuation of the bond population include quoted prices for identical assets, or similar assets in markets that are not active, contractual cash flows, duration, call provisions, issuer rating, benchmark yields and credit spreads. Certain private fixed maturity securities are valued using an internal model using market observable inputs such as the interest rate yield curve, as well as published credit spreads for similar securities, which includes significant unobservable inputs. Additionally, we may apply certain price caps and liquidity premiums in the valuation of private fixed maturity securities. Price caps are established using inputs from market participants. For structured securities, the primary inputs to the valuation include quoted prices for identical assets, or similar assets in markets that are not active, contractual cash flows, weighted-average coupon, weighted-average maturity, issuer rating, structure of the security, expected prepayment speeds and volumes, collateral type, current and forecasted loss severity, average delinquency rates, vintage of the loans, geographic region, debt service coverage ratios, payment priority with the tranche, benchmark yields and credit spreads. The fair value of our Level 3 fixed maturity securities priced using internal models was $3,392 million as of June 30, 2020. Equity securities. The primary inputs to the valuation include broker quotes where the underlying inputs are unobservable and for internal models, structure of the security and issuer rating. Net asset value Limited partnerships Limited partnerships are valued based on comparable market transactions, discounted future cash flows, quoted market prices and/or estimates using the most recent data available for the underlying instrument. We utilize the net asset value (“NAV”) from the underlying fund statements as a practical expedient for fair value. Derivatives We consider counterparty collateral arrangements and rights of set-off when evaluating our net credit risk exposure to our derivative counterparties. Accordingly, we are permitted to include consideration of these arrangements when determining whether any incremental adjustment should be made for both the counterparty’s and our non-performance risk in measuring fair value for our derivative instruments. As a result of these counterparty arrangements, we determined that any adjustment for credit risk would not be material and we have not recorded any incremental adjustment for our non-performance risk or the non-performance risk of the derivative counterparty for our derivative assets or liabilities. Interest rate swaps. The valuation of interest rate swaps is determined using an income approach. The primary input into the valuation represents the forward interest rate swap curve, which is generally considered an observable input, and results in the derivative being classified as Level 2. For certain interest rate swaps, the inputs into the valuation also include the total returns of certain bonds that would primarily be considered an observable input and result in the derivative being classified as Level 2. Interest rate caps. The valuation of interest rate caps is determined using an income approach. The primary inputs into the valuation represent the forward interest rate swap curve, forward interest rate volatility and time value component associated with the optionality in the derivative which are generally considered observable inputs and results in the derivatives being classified as Level 2. Foreign currency swaps. The valuation of foreign currency swaps is determined using an income approach. The primary inputs into the valuation represent the forward interest rate swap curve and foreign currency   exchange rates, both of which are considered observable inputs, and results in the derivative being classified as Level  2 . Equity index options. We have equity index options associated with various equity indices. The valuation of equity index options is determined using an income approach. The primary inputs into the valuation represent forward interest rates, equity index volatility, equity index and time value component associated with the optionality in the derivative. The equity index volatility surface is determined based on market information that is not readily observable and is developed based upon inputs received from several third-party sources. Accordingly, these options are classified as Level 3. As of June 30, 2020, a significant increase (decrease) in the equity index volatility discussed above would have resulted in a significantly higher (lower) fair value measurement. Financial futures. The fair value of financial futures is based on the closing exchange prices. Accordingly, these financial futures are classified as Level 1. The period end valuation is zero as a result of settling the margins on these contracts on a daily basis. Equity return swaps. The valuation of equity return swaps is determined using an income approach. The primary inputs into the valuation represent the forward interest rate swap curve and underlying equity index values, which are generally considered observable inputs, and results in the derivative being classified as Level 2. Other foreign currency contracts. We have certain foreign currency options classified as other foreign currency contracts. The valuation of foreign currency options is determined using an income approach. The primary inputs into the valuation represent the forward interest rate swap curve, foreign currency exchange rates, forward interest rate, foreign currency exchange rate volatility and time value component associated with the optionality in the derivative, which are generally considered observable inputs and results in the derivative being classified as Level 2. We also have foreign currency forward contracts where the valuation is determined using an income approach. The primary inputs into the valuation represent the forward foreign currency exchange rates, which are generally considered observable inputs and results in the derivative being classified as Level 2. GMWB embedded derivatives We are required to bifurcate an embedded derivative for certain features associated with annuity products and related reinsurance agreements where we provide a GMWB to the policyholder and are required to record the GMWB embedded derivative at fair value. The valuation of our GMWB embedded derivative is based on an income approach that incorporates inputs such as forward interest rates, equity index volatility, equity index and fund correlation, and policyholder assumptions such as utilization, lapse and mortality. We determine fair value using an internal model based on the various inputs noted above. Non-performance risk is integrated into the discount rate used to value GMWB liabilities. Our discount rate used to determine fair value of our GMWB liabilities includes market credit spreads above U.S. Treasury rates to reflect an adjustment for the non-performance risk of the GMWB liabilities. As of June 30, 2020 and December 31, 2019, the impact of non-performance risk resulted in a lower fair value of our GMWB liabilities of $91 million and $62 million, respectively. We classify the GMWB valuation as Level 3 based on having significant unobservable inputs, with equity index volatility and non-performance risk being considered the more significant unobservable inputs. As equity index volatility increases, the fair value of the GMWB liabilities will increase. Any increase in non-performance   risk would increase the discount rate and would decrease the fair value of the GMWB liability. Additionally, we consider lapse and utilization assumptions to be significant unobservable inputs. An increase in our lapse assumption would decrease the fair value of the GMWB liability, whereas an increase in our utilization rate would increase the fair value. As of June 30, 2020, a significant change in the unobservable inputs discussed above would have resulted in a significantly lower or higher fair value measurement. Fixed index annuity embedded derivatives We have fixed indexed annuity products where interest is credited to the policyholder’s account balance based on equity index changes. This feature is required to be bifurcated as an embedded derivative and recorded at fair value. Fair value is determined using an income approach where the present value of the excess cash flows above the guaranteed cash flows is used to determine the value attributed to the equity index feature. The inputs used in determining the fair value include policyholder behavior (lapses and withdrawals), near-term equity index volatility, expected future interest credited, forward interest rates and an adjustment to the discount rate to incorporate non-performance risk and risk margins. As a result of our assumptions for policyholder behavior and expected future interest credited being considered significant unobservable inputs, we classify these instruments as Level 3. As lapses and withdrawals increase, the value of our embedded derivative liability will decrease. As expected future interest credited decreases, the value of our embedded derivative liability will decrease. As of June 30, 2020, a significant change in the unobservable inputs discussed above would have resulted in a significantly lower or higher fair value measurement. Indexed universal life embedded derivatives We have indexed universal life insurance products where interest is credited to the policyholder’s account balance based on equity index changes. This feature is required to be bifurcated as an embedded derivative and recorded at fair value. Fair value is determined using an income approach where the present value of the excess cash flows above the guaranteed cash flows is used to determine the value attributed to the equity index feature. The inputs used in determining the fair value include policyholder behavior (lapses and withdrawals), near-term equity index volatility, expected future interest credited, forward interest rates and an adjustment to the discount rate to incorporate non-performance risk and risk margins. As a result of our assumptions for policyholder behavior and expected future interest credited being considered significant unobservable inputs, we classify these instruments as Level 3. As lapses and withdrawals increase, the value of our embedded derivative liability will decrease. As expected future interest credited decreases, the value of our embedded derivative liability will decrease. As of June 30, 2020, a significant change in the unobservable inputs discussed above would have resulted in a significantly lower or higher fair value measurement. The following tables set forth our assets by class of instrument that are measured at fair value on a recurring basis as of the dates indicated:        June 30, 2020   (Amounts in millions)    Total      Level 1      Level 2      Level 3      NAV  (1)   Assets                Investments:                Fixed maturity securities:                U.S. government, agencies and government-sponsored enterprises    $ 5,602      $ —        $ 5,602      $ —        $ —     State and political subdivisions      2,998        —          2,935        63        —     Non-U.S. government      1,542        —          1,542        —          —     U.S. corporate:                Utilities      5,270        —          4,334        936        —     Energy      2,594        —          2,471        123        —     Finance and insurance      8,403        —          7,852        551        —     Consumer—non-cyclical      6,277        —          6,174        103        —     Technology and communications      3,411        —          3,345        66        —     Industrial      1,503        —          1,464        39        —     Capital goods      3,028        —          2,931        97        —     Consumer—cyclical      1,966        —          1,768        198        —     Transportation      1,565        —          1,511        54        —     Other      378        —          213        165        —                                                  Total U.S. corporate      34,395        —          32,063        2,332        —                                                  Non-U.S. corporate:                Utilities      879        —          522        357        —     Energy      1,275        —          1,038        237        —     Finance and insurance      2,466        —          2,155        311        —     Consumer—non-cyclical      777        —          723        54        —     Technology and communications      1,247        —          1,219        28        —     Industrial      995        —          903        92        —     Capital goods      613        —          440        173        —     Consumer—cyclical      407        —          251        156        —     Transportation      635        —          494        141        —     Other      1,591        —          1,446        145        —                                                  Total non-U.S. corporate      10,885        —          9,191        1,694        —                                                  Residential mortgage-backed      2,184        —          2,160        24        —     Commercial mortgage-backed      2,970        —          2,949        21        —     Other asset-backed      2,968        —          2,847        121        —                                                  Total fixed maturity securities      63,544        —          59,289        4,255        —                                                  Equity securities      206        45        108        53        —                                                  Other invested assets:                Derivative assets:                Interest rate swaps      939        —          939        —          —     Foreign currency swaps      17        —          17        —          —     Equity index options      66        —          —          66        —     Other foreign currency contracts      2        —          2        —          —                                                  Total derivative assets      1,024        —          958        66        —                                                  Securities lending collateral      59        —          59        —          —     Short-term investments      190        —          190        —          —     Limited partnerships      598        —          —          —          598                                                Total other invested assets      1,871        —          1,207        66        598                                                Reinsurance recoverable (2)      38        —          —          38        —     Separate account assets      5,536        5,536        —          —          —                                                  Total assets    $ 71,195      $ 5,581      $ 60,604      $ 4,412      $ 598                                                  (1) Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.        December 31, 2019   (Amounts in millions)    Total      Level 1      Level 2      Level 3      NAV  (1)   Assets                Investments:                Fixed maturity securities:                U.S. government, agencies and government-sponsored enterprises    $ 5,025      $ —        $ 5,025      $ —        $ —     State and political subdivisions      2,747        —          2,645        102        —     Non-U.S. government      1,350        —          1,350        —          —     U.S. corporate:                Utilities      4,997        —          4,132        865        —     Energy      2,699        —          2,570        129        —     Finance and insurance      7,774        —          7,202        572        —     Consumer—non-cyclical      5,701        —          5,607        94        —     Technology and communications      3,245        —          3,195        50        —     Industrial      1,396        —          1,356        40        —     Capital goods      2,711        —          2,609        102        —     Consumer—cyclical      1,760        —          1,587        173        —     Transportation      1,506        —          1,428        78        —     Other      322        —          186        136        —                                                  Total U.S. corporate      32,111        —          29,872        2,239        —                                                  Non-U.S. corporate:                Utilities      829        —          455        374        —     Energy      1,319        —          1,072        247        —     Finance and insurance      2,319        —          2,085        234        —     Consumer—non-cyclical      684        —          625        59        —     Technology and communications      1,138        —          1,110        28        —     Industrial      988        —          884        104        —     Capital goods      605        —          444        161        —     Consumer—cyclical      397        —          250        147        —     Transportation      629        —          438        191        —     Other      1,617        —          1,477        140        —                                                  Total non-U.S. corporate      10,525        —          8,840        1,685        —                                                  Residential mortgage-backed      2,270        —          2,243        27        —     Commercial mortgage-backed      3,026        —          3,020        6        —     Other asset-backed      3,285        —          3,153        132        —                                                  Total fixed maturity securities      60,339        —          56,148        4,191        —                                                  Equity securities      239        62        126        51        —                                                  Other invested assets:                Derivative assets:                Interest rate swaps      197        —          197        —          —     Foreign currency swaps      4        —          4        —          —     Equity index options      81        —          —          81        —     Other foreign currency contracts      8        —          8        —          —                                                  Total derivative assets      290        —          209        81        —                                                  Securities lending collateral      51        —          51        —          —     Short-term investments      211        —          211        —          —     Limited partnerships      503        —          —          —          503                                                Total other invested assets      1,055        —          471        81        503                                                Reinsurance recoverable (2)      20        —          —          20        —     Separate account assets      6,108        6,108        —          —          —                                                  Total assets    $ 67,761      $ 6,170      $ 56,745      $ 4,343      $ 503                                                  (1) Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:       Beginning balance as of April 1, 2020     Total realized and unrealized gains (losses)                                         Ending balance as of June 30, 2020     Total gains (losses) attributable to assets still held   (Amounts in millions)   Included   in net   income (loss)     Included in OCI     Purchases     Sales     Issuances     Settlements     Transfer into Level 3  (1)     Transfer out of Level 3  (1)     Included in net income   (loss)     Included in OCI   Fixed maturity securities:                         State and political subdivisions   $ 83     $ —       $ 7     $ —       $ —       $ —       $ —       $ —       $ (27 )    $ 63     $ 1     $ 6   Non-U.S. government     1       —         —         —         —         —         (1 )      —         —         —         —         —     U.S. corporate:                         Utilities     843       —         37       32       —         —         (2 )      26       —         936       —         37   Energy     124       1       13       —         —         —         (2 )      —         (13 )      123       —         9   Finance and insurance     510       —         33       21       —         —         (12 )      —         (1 )      551       —         33   Consumer—non-cyclical     88       —         8       8       —         —         (1 )      —         —         103       —         8   Technology and communications     61       —         5       —         —         —         —         —         —         66       —         5   Industrial     37       —         2       —         —         —         —         —         —         39       —         2   Capital goods     90       —         7       —         —         —         —         —         —         97       —         7   Consumer—cyclical     179       —         11       —         —         —         (1 )      9       —         198       —         11   Transportation     43       —         2       —         —         —         (1 )      10       —         54       —         2   Other     138       —         2       —         —         —         (2 )      27       —         165       —         2                                                                                                   Total U.S. corporate     2,113       1       120       61       —         —         (21 )      72       (14 )      2,332       —         116                                                                                                   Non-U.S. corporate:                         Utilities     355       —         23       1       —         —         —         —         (22 )      357       —         23   Energy     236       —         22       —         —         —         (26 )      5       —         237       —         22   Finance and insurance     223       1       50       —         —         —         —         37       —         311       1       49   Consumer—non-cyclical     58       —         5       —         —         —         —         —         (9 )      54       —         4   Technology and communications     27       —         1       —         —         —         —         —         —         28       —         1   Industrial     92       —         8       —         —         —         —         —         (8 )      92       —         7   Capital goods     135       —         9       —         —         —         —         29       —         173       —         9   Consumer—cyclical     164       —         12       —         —         —         (3 )      —         (17 )      156       —         11   Transportation     108       —         11       —         —         —         —         22       —         141       —         11   Other     131       —         9       5       —         —         —         —         —         145       —         9                                                                                                   Total non-U.S. corporate     1,529       1       150       6       —         —         (29 )      93       (56 )      1,694       1       146                                                                                                   Residential mortgage-backed     24       —         1       —         —         —         (1 )      3       (3 )      24       —         —     Commercial mortgage-backed     —         —         1       —         —         —         —         20       —         21       —         1   Other asset-backed     118       —         2       6       —         —         (5 )      —         —         121       —         3                                                                                                   Total fixed maturity securities     3,868       2       281       73       —         —         (57 )      188       (100 )      4,255       2       272                                                                                                   Equity securities     50       —         —         6       (3 )      —         —         —         —         53       —         —                                                                                                     Other invested assets:                         Derivative assets:                         Equity index options     62       4       —         7       —         —         (7 )      —         —         66       8       —                                                                                                     Total derivative assets     62       4       —         7       —         —         (7 )      —         —         66       8       —                                                                                                     Total other invested assets     62       4       —         7       —         —         (7 )      —         —         66       8       —                                                                                                     Reinsurance recoverable  (2)     47       (9 )      —         —         —         —         —         —         —         38       (9 )      —                                                                                                     Total Level 3 assets   $ 4,027     $ (3 )    $ 281     $ 86     $ (3 )    $ —       $ (64 )    $ 188     $ (100 )    $ 4,412     $ 1     $ 272                                                                                                     (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.       Beginning balance as of April 1, 2019     Total realized and unrealized gains (losses)     Purchases     Sales     Issuances     Settlements     Transfer into Level 3  (1)     Transfer out of Level 3  (1)     Ending balance as of June 30, 2019     Total gains (losses) included in net income (loss) attributable to assets still held   (Amounts in millions)   Included   in net   income (loss)     Included in OCI   Fixed maturity securities:                       State and political subdivisions   $ 52     $ 1     $ 8     $ —       $ —       $ —       $ —       $ —       $ —       $ 61     $ —     U.S. corporate:                             Utilities     748       —         20       82       (13 )      —         (38 )      —         (10 )      789       —     Energy     115       —         3       5       —         —         (1 )      —         —         122       —     Finance and insurance     590       —         15       10       —         —         (8 )      —         —         607       —     Consumer—non-cyclical     74       —         1       14       —         —         —         —         —         89       —     Technology and communications     52       —         3       —         —         —         —         —         (11 )      44       —     Industrial     40       —         —         —         —         —         —         —         —         40       —     Capital goods     95       —         3       —         —         —         —         —         —         98       —     Consumer—cyclical     195       —         3       —         —         —         (13 )      —         —         185       —     Transportation     54       —         —         —         —         —         —         —         —         54       —     Other     199       —         3       —         —         —         (3 )      —         —         199       —                                                                                             Total U.S. corporate     2,162       —         51       111       (13 )      —         (63 )      —         (21 )      2,227       —                                                                                             Non-U.S. corporate:                           Utilities     435       —         7       —         (7 )      —         (17 )      —         (1 )      417       —     Energy     221       —         5       15       —         —         —         —         —         241       —     Finance and insurance     182       1       7       2       —         —         (13 )      —         —         179       1   Consumer—non-cyclical     67       —         1       —         —         —         —         —         —         68       —     Technology and communications     27       —         —         —         —         —         —         —         —         27       —     Industrial     63       —         1       —         —         —         —         —         —         64       —     Capital goods     173       —         3       5       —         —         —         —         —         181       —     Consumer—cyclical     125       —         2       —         —         —         (1 )      —         —         126       —     Transportation     192       —         3       4       —         —         —         —         —         199       —     Other     90       —         4       35       —         —         —         —         —         129       —                                                                                             Total non-U.S. corporate     1,575       1       33       61       (7 )      —         (31 )      —         (1 )      1,631       1                                                                                           Residential mortgage-backed     35       —         1       —         —         —         —         —         —         36       —     Commercial mortgage-backed     98       —         7       1       —         —         —         —         (14 )      92       —     Other asset-backed     197       —         1       42       —         —         (29 )      27       (4 )      234       —                                                                                             Total fixed maturity securities     4,119       2       101       215       (20 )      —         (123 )      27       (40 )      4,281       1                                                                                           Equity securities     55       —         —         2       (1 )      —         —         —         —         56       —                                                                                             Other invested assets:                           Derivative assets:                           Equity index options     60       10       —         9       —         —         (14 )      —         —         65       7                                                                                           Total derivative assets     60       10       —         9       —         —         (14 )      —         —         65       7                                                                                           Total other invested assets     60       10       —         9       —         —         (14 )      —         —         65       7                                                                                           Reinsurance recoverable  (2)     18       2       —         —         —         —         —         —         —         20       2                                                                                           Total Level 3 assets   $ 4,252     $ 14     $ 101     $ 226     $ (21 )    $ —       $ (137 )    $ 27     $ (40 )    $ 4,422     $ 10                                                                                             (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:       Beginning balance as of January 1, 2020     Total realized and unrealized gains (losses)                                         Ending balance as of June 30, 2020     Total gains (losses) attributable to assets still held   (Amounts in millions)   Included in net income (loss)     Included in OCI     Purchases     Sales     Issuances     Settlements     Transfer into Level 3  (1)     Transfer out of Level 3  (1)     Included in net income (loss)     Included in OCI   Fixed maturity securities:                         State and political subdivisions   $ 102     $ 1     $ (12 )    $ —       $ —       $ —       $ (1 )    $ —       $ (27 )    $ 63     $ 2     $ (13 )  Non-U.S. government     —         —         —         —         —         —         (1 )      1       —         —         —         —     U.S. corporate:                                                                                             Utilities     865       —         12       32       —         —         (2 )      42       (13 )      936       —         14   Energy     129       1       (2 )      10       (21 )      —         (3 )      22       (13 )      123       —         (5 )  Finance and insurance     572       2       2       21       —         —         (24 )      —         (22 )      551       —         5   Consumer—non-cyclical     94       —         2       8       —         —         (1 )      —         —         103       —         2   Technology and communications     50       —         1       20       —         —         —         —         (5 )      66       —         2   Industrial     40       —         (1 )      —         —         —         —         —         —         39       —         (1 )  Capital goods     102       —         (1 )      —         —         —         (4 )      —         —         97       —         (1 )  Consumer—cyclical     173       —         4       —         —         —         (3 )      24       —         198       —         4   Transportation     78       —         (2 )      —         —         —         (2 )      10       (30 )      54       —         1   Other     136       —         1       5       —         —         (4 )      27       —         165       —         1                                                                                                   Total U.S. corporate     2,239       3       16       96       (21 )      —         (43 )      125       (83 )      2,332       —         22                                                                                                   Non-U.S. corporate:                                                                                             Utilities     374       —         3       12       —         —         —         21       (53 )      357       —         3   Energy     247       —         (8 )      —         —         —         (26 )      24       —         237       —         (8 )  Finance and insurance     234       2       9       15       —         —         —         58       (7 )      311       2       10   Consumer—non-cyclical     59       —         2       8       —         —         —         1       (16 )      54       —         1   Technology and communications     28       —         —         —         —         —         —         —         —         28       —         —     Industrial     104       —         1       —         —         —         (5 )      —         (8 )      92       —         —     Capital goods     161       1       (2 )      —         —         —         (16 )      29       —         173       —         (1 )  Consumer—cyclical     147       —         (3 )      4       —         —         (7 )      32       (17 )      156       —         (5 )  Transportation     191       —         2       —         —         —         —         22       (74 )      141       —         6   Other     140       —         —         5       —         —         (1 )      1       —         145       —         —                                                                                                     Total non-U.S. corporate     1,685       3       4       44       —         —         (55 )      188       (175 )      1,694       2       6                                                                                                   Residential mortgage-backed     27       —         —         —         —         —         (1 )      4       (6 )      24       —         —     Commercial mortgage-backed     6       —         2       —         —         —         —         20       (7 )      21       —         1   Other asset-backed     132       —         (2 )      15       —         —         (22 )      —         (2 )      121       —         (2 )                                                                                                  Total fixed maturity securities     4,191       7       8       155       (21 )      —         (123 )      338       (300 )      4,255       4       14                                                                                                   Equity securities     51       —         —         6       (4 )      —         —         —         —         53       —         —                                                                                                     Other invested assets:                                                                                             Derivative assets:                                                                                             Equity index options     81       (9 )      —         18       —         —         (24 )      —         —         66       5       —                                                                                                     Total derivative assets     81       (9 )      —         18       —         —         (24 )      —         —         66       5       —                                                                                                     Total other invested assets     81       (9 )      —         18       —         —         (24 )      —         —         66       5       —                                                                                                     Reinsurance recoverable  (2)     20       17       —         —         —         1       —         —         —         38       17       —                                                                                                     Total Level 3 assets   $ 4,343     $ 15     $ 8     $ 179     $ (25 )    $ 1     $ (147 )    $ 338     $ (300 )    $ 4,412     $ 26     $ 14                                                                                                     (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.       Beginning balance as of January 1, 2019     Total realized and unrealized gains (losses)     Purchases     Sales     Issuances     Settlements     Transfer into Level 3  (1)     Transfer out of Level 3  (1)     Ending balance as of June 30, 2019     Total gains (losses) included in net income (loss) attributable to assets still held   (Amounts in millions)   Included   in net   income (loss)     Included in OCI   Fixed maturity securities:                       State and political subdivisions   $ 51     $ 2     $ 8     $ —       $ —       $ —       $ —       $ —       $ —       $ 61     $ 1   U.S. corporate:                                                                                     Utilities     643       —         42       96       (14 )      —         (40 )      72       (10 )      789       —     Energy     121       —         7       5       —         —         (11 )      —         —         122       —     Finance and insurance     534       —         38       40       —         —         (12 )      7       —         607       —     Consumer—non-cyclical     73       —         3       14       —         —         (10 )      9       —         89       —     Technology and communications     50       —         5       —         —         —         —         —         (11 )      44       —     Industrial     39       —         1       —         —         —         —         —         —         40       —     Capital goods     92       —         6       —         —         —         —         —         —         98       —     Consumer—cyclical     211       —         10       —         (13 )      —         (14 )      —         (9 )      185       —     Transportation     57       —         1       4       —         —         (8 )      —         —         54       —     Other     178       —         6       22       —         —         (15 )      8       —         199       —                                                                                             Total U.S. corporate     1,998       —         119       181       (27 )      —         (110 )      96       (30 )      2,227       —                                                                                             Non-U.S. corporate:                                                                                     Utilities     404       —         23       30       (7 )      —         (17 )      —         (16 )      417       —     Energy     217       —         12       16       —         —         (4 )      —         —         241       —     Finance and insurance     171       2       18       7       —         —         (13 )      —         (6 )      179       2   Consumer—non-cyclical     106       2       4       —         —         —         (44 )      —         —         68       —     Technology and communications     26       —         1       —         —         —         —         —         —         27       —     Industrial     61       —         3       —         —         —         —         —         —         64       —     Capital goods     173       —         9       10       —         —         (11 )      —         —         181       —     Consumer—cyclical     122       —         8       —         —         —         (4 )      —         —         126       —     Transportation     171       —         9       19       —         —         —         —         —         199       —     Other     81       —         8       35       —         —         (1 )      6       —         129       —                                                                                             Total n on-U.S. corporate     1,532       4       95       117       (7 )      —         (94 )      6       (22 )      1,631       2                                                                                           Residential mortgage-backed     35       —         1       —         —         —         —         —         —         36       —     Commercial mortgage-backed     95       —         9       2       —         —         —         —         (14 )      92       —     Other asset-backed     154       —         2       96       —         —         (42 )      28       (4 )      234       —                                                                                             Total fixed maturity securities     3,865       6       234       396       (34 )      —         (246 )      130       (70 )      4,281       3                                                                                           Equity securities     58       —         —         2       (4 )      —         —         —         —         56       —                                                                                             Other invested assets:                                                                                     Derivative assets:                                                                                     Equity index options     39       27       —         21       —         —         (22 )      —         —         65       11                                                                                           Total derivative assets     39       27       —         21       —         —         (22 )      —         —         65       11                                                                                           Total other invested assets     39       27       —         21       —         —         (22 )      —         —         65       11                                                                                           Reinsurance recoverable  (2)     20       (1 )      —         —         —         1       —         —         —         20       (1 )                                                                                          Total Level 3 assets   $ 3,982     $ 32     $ 234     $ 419     $ (38 )    $ 1     $ (268 )    $ 130     $ (70 )    $ 4,422     $ 13                                                                                             (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.   The following table presents the gains and losses included in net income (loss) from assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated:        Three months ended June 30,      Six months ended June 30,   (Amounts in millions)    2020     2019      2020       2019   Total realized and unrealized gains (losses) included in net income (loss):            Net investment income    $ 2     $ 2      $ 6      $ 6   Net investment gains (losses)      (5 )      12        9        26                                      Total    $ (3 )    $ 14      $ 15      $ 32                                      Total gains (losses) included in net income (loss) attributable to assets still held:            Net investment income    $ 2     $ 1      $ 4      $ 3   Net investment gains (losses)      (1 )      9        22        10                                      Total    $ 1     $ 10      $ 26      $ 13                                      The amount presented for realized and unrealized gains (losses) included in net income (loss) for fixed maturity securities primarily represents amortization and accretion of premiums and discounts on certain fixed maturity securities. The following table presents a summary of the significant unobservable inputs used for certain asset fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2020:   (Amounts in millions)   Valuation technique     Fair value     Unobservable input     Range     Weighted-average  (1)   Fixed maturity securities:           U.S. corporate:           Utilities     Internal models     $ 826       Credit spreads       71bps - 427bps       194bps   Energy     Internal models       8       Credit spreads       108bps       N/A   Finance and insurance     Internal models       497       Credit spreads       73bps - 380bps       206bps   Consumer—non-cyclical     Internal models       102       Credit spreads       83bps - 395bps       202bps   Technology and communications     Internal models       66       Credit spreads       212bps - 395bps       271bps   Industrial     Internal models       39       Credit spreads       199bps - 483bps       293bps   Capital goods     Internal models       97       Credit spreads       120bps - 294bps       214bps   Consumer—cyclical     Internal models       161       Credit spreads       131bps - 307bps       208bps   Transportation     Internal models       44       Credit spreads       76bps - 199bps       144bps   Other     Internal models       165       Credit spreads       99bps - 213bps       122bps                   Total U.S. corporate     Internal models     $ 2,005       Credit spreads       71bps - 483bps       197bps                   Non-U.S. corporate:           Utilities     Internal models     $ 357       Credit spreads       97bps - 286bps       176bps   Energy     Internal models       82       Credit spreads       120bps - 272bps       175bps   Finance and insurance     Internal models       209       Credit spreads       136bps - 188bps       133bps   Consumer—non-cyclical     Internal models       53       Credit spreads       107bps - 182bps       160bps   Technology and communications     Internal models       28       Credit spreads       153bps - 260bps       221bps   Industrial     Internal models       92       Credit spreads       108bps - 272bps       193bps   Capital goods     Internal models       144       Credit spreads       107bps - 294bps       215bps   Consumer—cyclical     Internal models       45       Credit spreads       97bps - 272bps       194bps   Transportation     Internal models       114       Credit spreads       83bps - 294bps       175bps   Other     Internal models       144       Credit spreads       121bps - 507bps       300bps                   Total non-U.S. corporate     Internal models     $ 1,268       Credit spreads       83bps - 507bps       196bps                   Derivative assets:             Equity index options     Discounted cash flows       $ 66       Equity index volatility         6% - 38%       28%     (1) Unobservable inputs weighted by the relative fair value of the associated instrument for fixed maturity securities and by notional for derivative assets. Certain classes of instruments classified as Level 3 are excluded above as a result of not being material or due to limitations in being able to obtain the underlying inputs used by certain third-party sources, such as broker quotes, used as an input in determining fair value. The following tables set forth our liabilities by class of instrument that are measured at fair value on a recurring basis as of the dates indicated:        June 30, 2020   (Amounts in millions)    Total      Level 1      Level 2      Level 3   Liabilities             Policyholder account balances:             GMWB embedded derivatives (1)    $ 559      $ —        $ —        $ 559   Fixed index annuity embedded derivatives      447        —          —          447   Indexed universal life embedded derivatives      23        —          —          23                                       Total policyholder account balances      1,029        —          —          1,029                                       Derivative liabilities:             Other foreign currency contracts      1        —          1        —                                         Total derivative liabilities      1        —          1        —                                         Total liabilities    $ 1,030      $ —        $ 1      $ 1,029                                         (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.        December 31, 2019   (Amounts in millions)      Total          Level 1          Level 2          Level 3     Liabilities             Policyholder account balances:             GMWB embedded derivatives (1)    $ 323      $ —        $ —        $ 323   Fixed index annuity embedded derivatives      452        —          —          452   Indexed universal life embedded derivatives      19        —          —          19                                       Total policyholder account balances      794        —          —          794                                       Derivative liabilities:             Interest rate swaps      10        —          10        —     Other foreign currency contracts      1        —          1        —                                         Total derivative liabilities      11        —          11        —                                         Total liabilities    $   805      $   —        $ 11      $ 794                                         (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:   (Amounts in millions)   Beginning balance as of April 1, 2020     Total realized and unrealized (gains) losses     Purchases     Sales     Issuances     Settlements     Transfer into Level 3     Transfer out of Level 3     Ending balance as of June 30, 2020     Total (gains)  losses attributable to liabilities still held     Included in net (income) loss     Included in OCI     Included in net (income) loss     Included in OCI   Policyholder account balances:                         GMWB embedded derivatives (1)   $ 691     $ (138 )    $ —       $ —       $ —       $ 6     $ —       $ —       $ —       $ 559     $ (137 )    $ —     Fixed index annuity embedded derivatives     413       45       —         —         —         —         (11 )      —         —         447       45       —     Indexed universal life embedded derivatives     21       (3 )      —         —         —         5       —         —         —         23       (3 )      —                                                                                                     Total policyholder account balances     1,125       (96 )      —         —         —         11       (11 )      —         —         1,029       (95 )      —                                                                                                     Total Level 3 liabilities   $ 1,125     $ (96 )    $ —       $ —       $ —       $ 11     $ (11 )    $ —       $ —       $ 1,029     $ (95 )    $ —                                                                                                       (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.       Beginning balance as of April 1, 2019     Total realized and unrealized (gains) losses     Purchases     Sales     Issuances     Settlements     Transfer into Level 3     Transfer out of Level 3     Ending balance as of June 30, 2019     Total (gains) losses included in net (income) loss attributable to liabilities still held   (Amounts in millions)   Included in net (income) loss     Included in OCI   Policyholder account balances:                       GMWB embedded derivatives (1)   $ 295     $ 24     $ —       $ —       $ —       $ 6     $ —       $ —       $ —       $ 325     $ 24   Fixed index annuity embedded derivatives     423       20       —         —         —         —         (5 )      —         —         438       20   Indexed universal life embedded derivatives     13       1       —         —         —         1       —         —         —         15       1                                                                                           Total policyholder account balances     731       45       —         —         —         7       (5 )      —         —         778       45                                                                                           Total Level 3 liabilities   $ 731     $ 45     $ —       $ —       $ —       $ 7     $ (5 )    $ —       $ —       $ 778     $ 45                                                                                             (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:   (Amounts in millions)   Beginning balance as of January 1, 2020     Total realized and unrealized (gains) losses     Purchases     Sales     Issuances     Settlements     Transfer into Level 3     Transfer out of Level 3     Ending balance as of June 30, 2020     Total (gains) losses attributable to liabilities still held     Included in net (income) loss     Included in OCI     Included in net (income) loss     Included in OCI   Policyholder account balances:                         GMWB embedded derivatives (1)   $ 323     $ 224     $ —       $ —       $ —       $ 12     $ —       $ —       $ —       $ 559     $ 231     $ —     Fixed index annuity embedded derivatives     452       13       —         —         —         —         (18 )      —         —         447       13       —     Indexed universal life embedded derivatives     19       (7 )      —         —         —         11       —         —         —         23       (7 )      —                                                                                                     Total policyholder account balances     794       230       —         —         —         23       (18 )      —         —         1,029       237       —                                                                                                     Total Level 3 liabilities   $ 794     $ 230     $ —       $ —       $ —       $ 23     $ (18 )    $ —       $ —       $ 1,029     $ 237     $ —                                                                                                       (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.       Beginning balance as of January 1, 2019     Total realized and unrealized (gains) losses     Purchases     Sales     Issuances     Settlements     Transfer into Level 3     Transfer out of Level 3     Ending balance as of June 30, 2019     Total (gains) losses included in net (income) loss attributable to   liabilities still   held   (Amounts in millions)   Included   in net   (income) loss     Included in OCI   Policyholder account balances:                       GMWB embedded derivatives (1)   $ 337     $ (24 )    $ —       $ —       $ —       $ 12     $ —       $ —       $ —       $ 325     $ (20 )  Fixed index annuity embedded derivatives     389       58       —         —         —         —         (9 )      —         —         438       58   Indexed universal life embedded derivatives     12       —         —         —         —         3       —         —         —         15       —                                                                                             Total policyholder account balances     738       34       —         —         —         15       (9 )      —         —         778       38                                                                                           Total Level 3 liabilities   $ 738     $ 34     $ —       $ —       $ —       $ 15     $ (9 )    $ —       $ —       $ 778     $ 38                                                                                             (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The following table presents the gains and losses included in net (income) loss from liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated:        Three months ended June 30,      Six months ended June 30,   (Amounts in millions)    2020     2019      2020      2019   Total realized and unrealized (gains) losses included in net (income) loss:            Net investment income    $ —       $ —        $ —        $ —     Net investment (gains) losses      (96 )      45        230        34                                      Total    $ (96 )    $ 45      $ 230      $ 34                                      Total (gains) losses included in net (income) loss attributable to liabilities still held:            Net investment income    $ —       $ —        $ —        $ —     Net investment (gains) losses      (95 )      45        237        38                                      Total    $ (95 )    $ 45      $ 237      $ 38                                      Purchases, sales, issuances and settlements represent the activity that occurred during the period that results in a change of the asset or liability but does not represent changes in fair value for the instruments held at the beginning of the period. Such activity primarily consists of purchases, sales and settlements of fixed maturity and equity securities and purchases, issuances and settlements of derivative instruments. Issuances presented for GMWB embedded derivative liabilities are characterized as the change in fair value associated with the product fees recognized that are attributed to the embedded derivative to equal the expected future benefit costs upon issuance. Issuances for fixed index annuity and indexed universal life embedded derivative liabilities represent the amount of the premium received that is attributed to the value of the embedded derivative. Settlements of embedded derivatives are characterized as the change in fair value upon exercising the embedded derivative instrument, effectively representing a settlement of the embedded derivative instrument. We have shown these changes in fair value separately based on the classification of this activity as effectively issuing and settling the embedded derivative instrument with all remaining changes in the fair value of these embedded derivative instruments being shown separately in the category labeled “included in net (income) loss” in the tables presented above. The following table presents a summary of the significant unobservable inputs used for certain liability fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2020:   (Amounts in millions)   Valuation technique     Fair value     Unobservable input     Range     Weighted-average  (1)   Policyholder account balances:       Withdrawal utilization rate     56% - 88%       73 %       Lapse rate     2% - 9%       3 %       Non-performance risk             (credit spreads)     9bps - 83bps       67 bps GMWB embedded derivatives (2)     Stochastic cash flow model       $ 559     Equity index volatility     21% - 30%       24 % Fixed index annuity embedded derivatives     Option budget method       $ 447     Expected future interest credited     —    %  - 3%       1 %   Indexed universal life embedded derivatives       Option budget method     $ 23     Expected future interest credited     3% - 11%               6 %     (1) Unobservable inputs weighted by the policyholder account balances associated with the instrument. (2) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The unobservable inputs associated with GMWB embedded derivatives are not interrelated and therefore, a directional change in one input will not affect the other inputs. Assets and Liabilities Not Required to Be Carried at Fair Value Assets and liabilities that are reflected in the accompanying unaudited condensed consolidated financial statements at fair value are not included in the following disclosure of fair value. Such items include cash, cash equivalents and restricted cash, short-term investments, investment securities, separate accounts, securities held as collateral and derivative instruments. Apart from certain of our borrowings and certain marketable securities, few of the instruments are actively traded and their fair values must often be determined using models. The fair value estimates are made at a specific point in time, based upon available market information and judgments about the financial instruments, including estimates of the timing and amount of expected future cash flows and the credit standing of counterparties. Such estimates do not reflect any premium or discount that could result from offering for sale at one time our entire holdings of a particular financial instrument, nor do they consider the tax impact of the realization of unrealized gains or losses. In many cases, the fair value estimates cannot be substantiated by comparison to independent markets. The following represents our estimated fair value of financial assets and liabilities that are not required to be carried at fair value as of the dates indicated:        June 30, 2020        Notional amount     Carrying amount      Fair value   (Amounts in millions)    Total      Level 1      Level 2      Level 3   Assets:                  Commercial mortgage loans                   (1)     $ 6,917      $ 7,225      $ —        $ —        $ 7,225   Other invested assets                   (1)       418        421        —          22        399   Liabilities:                  Long-term borrowings                   (1)       2,817        2,153        —          2,016        137   Investment contracts                   (1)     11,258    12,227    —    —    12,227 Other firm commitments:                  Commitments to fund limited partnerships      1,135       —          —          —          —          —     Commitments to fund bank loan investments      35       —          —          —          —          —     Ordinary course of business lending commitments      116       —          —          —          —          —       (1) These financial instruments do not have notional amounts.        December 31, 2019        Notional amount     Carrying amount      Fair value   (Amounts in millions)    Total      Level 1      Level 2      Level 3   Assets:                  Commercial mortgage loans                   (1)     $ 6,963      $ 7,239      $ —        $ —        $ 7,239   Other invested assets                   (1)       432        432        —          49        383   Liabilities:                  Long-term borrowings                   (1)       3,277        3,093        —          2,951        142   Non-recourse funding obligations                   (1)       311        207        —          —          207   Investment contracts                   (1)       11,466        12,086        —          —          12,086   Other firm commitments:                  Commitments to fund limited partnerships      976       —          —          —          —          —     Commitments to fund bank loan investments      52       —          —          —          —          —     Ordinary course of business lending commitments      69       —          —          —          —          —       (1) These financial instruments do not have notional amounts.

X

- Definition The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueDisclosuresTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Liability for Policy and Contract Claims	6 Months Ended
	Jun. 30, 2020
Liability for Policy and Contract Claims	(7) Liability for Policy and Contract Claims The following table sets forth changes in our liability for policy and contract claims as of the dates indicated:        As of or for the six months ended June 30,   (Amounts in millions)    2020      2019   Beginning balance    $ 10,958      $ 10,295   Less reinsurance recoverables      (2,406 )       (2,379 )                    Net beginning balance      8,552        7,916                     Incurred related to insured events of:       Current year      2,238        1,961   Prior years      (255 )       (206 )                    Total incurred      1,983        1,755                     Paid related to insured events of:       Current year      (436 )       (407 )  Prior years      (1,339 )       (1,253 )                    Total paid      (1,775 )       (1,660 )                    Interest on liability for policy and contract claims      205        188   Foreign currency translation      (4 )       (1 )                    Net ending balance      8,961        8,198   Add reinsurance recoverables      2,319        2,388                     Ending balance    $ 11,280      $ 10,586                     The liability for policy and contract claims represents our current best estimate; however, there may be future adjustments to this estimate and related assumptions. Such adjustments, reflecting any variety of new and adverse trends, could possibly be significant, and result in increases in reserves by an amount that could be material to our results of operations and financial condition and liquidity.   In addition, loss reserves recorded on new delinquencies in our U.S. mortgage insurance business have a high degree of estimation, particularly due to the level of uncertainty regarding whether borrowers in forbearance will ultimately cure or result in a new delinquency. For the six months ended June 30, 2020, the favorable development of $255 million related to insured events of prior years was primarily attributable to our long-term care insurance business largely from favorable  claim terminations mostly attributable to higher mortality, favorable development on prior year incurred but not reported claims and favorable experience on pending claims that terminated before becoming an active claim.   These decreases were partially offset by a strengthening of incurred but not reported reserves in the current year .   For the six months ended June 30, 2020, the liability for policy and contract claims increased $322 million largely related to our U.S. mortgage insurance business, principally attributable to a significant increase in the number of new delinquencies driven largely by borrower forbearance resulting from COVID-19. In addition, existing reserves were strengthened by $28 million in the current year primarily driven by the deterioration of early cure emergence patterns impacting claim frequency along with a modest increase in claim severity. The current year also reflected lower net benefits from cures and aging of existing delinquencies compared to the prior year. The increase was also attributable to our long-term care insurance business primarily attributable to   new claims, which includes higher new claims frequency as a result of the aging of the in-force block, as well as higher severity, partially offset by an increase in claim terminations driven mostly by higher mortality and favorable development on prior year incurred but not reported claims in the current year. Given the lower new claim counts submitted during COVID-19, incurred but not reported reserves were strengthened by $37 million reflecting our assumption that new claim incidence during this period will ultimately return to normal levels, partially offsetting the favorable development on incurred but not reported claims.

X

- Definition Liability as of the balance sheet date for amounts representing estimated cost of settling unpaid claims under the terms of the underlying insurance policies, less estimated reinsurance recoveries on such claims. This includes an estimate for claims which have been incurred but not reported. Claim adjustment expenses represent the costs estimated to be incurred in the settlement of unpaid claims. Includes a rollforward of activity for the year. + References No definition available. + Details Name: gnw_LiabilityForPolicyAndContractClaimsDisclosureTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Reinsurance	6 Months Ended
	Jun. 30, 2020
Reinsurance	(8) Reinsurance The following table sets forth the changes in the allowance for credit losses related to reinsurance recoverables as of or for the periods indicated:        Three months ended June 30,      Six months ended June 30,   (Amounts in millions)    2020      2020   Allowance for credit losses:       Beginning balance    $ 42      $ —     Cumulative effect of change in accounting      —          40   Provision      2        4   Write-offs      —          —     Recoveries      —          —                       Ending balance    $ 44      $ 44                     As discussed in note 2, our policy for evaluating and measuring the allowance for credit losses related to reinsurance recoverables utilizes the reinsurer’s credit rating, updated quarterly, to assess the credit quality of reinsurance recoverables. The following table sets forth A.M. Best Company, Inc.’s (“A.M. Best”) credit ratings related to our reinsurance recoverables, gross of the allowance for credit losses, as of June 30, 2020:   (Amounts in millions)    Collateralized      Non-collateralized      Total   Credit rating:          A++    $ —        $ 508      $ 508   A+      1,267        1,467        2,734   A      20        58        78   B+      —          2        2   Not rated      13,542        80        13,622                              Total reinsurance recoverable    $ 14,829      $ 2,115      $ 16,944                              We have several significant reinsurance transactions (“Reinsurance Transactions”) with Union Fidelity Life Insurance Company (“UFLIC”), an affiliate of our former parent, General Electric Company (“GE”). In the Reinsurance Transactions, we ceded to UFLIC in-force blocks of structured settlements issued prior to 2004, substantially all of our in-force blocks of variable annuities issued prior to 2004 and a block of long-term care insurance policies that we reinsured in 2000 from legal entities now a part of Brighthouse Life Insurance Company. Although we remain directly liable under these contracts and policies as the ceding insurer, the Reinsurance Transactions have the effect of transferring the financial results of the reinsured blocks to UFLIC. To secure the payment of its obligations to us under the reinsurance agreements governing the Reinsurance Transactions, UFLIC has established trust accounts to maintain an aggregate amount of assets with a statutory book value at least equal to the statutory general account reserves attributable to the reinsured business less an amount required to be held in certain claims-paying accounts. A trustee administers the trust accounts and we are permitted to withdraw from the trust accounts amounts due to us pursuant to the terms of the reinsurance agreements that are not otherwise paid by UFLIC. In addition, pursuant to a Capital Maintenance Agreement, GE is obligated to maintain sufficient capital in UFLIC to maintain UFLIC’s risk-based capital (“RBC”) at not less than 150% of its company action level, as defined by the National Association of Insurance Commissioners (“NAIC”). As of June 30, 2020 and December 31, 2019, we had a reinsurance recoverable of $13,539 million and $13,752 million, respectively, with UFLIC. In March 2019, upon UFLIC’s request, A.M. Best withdrew UFLIC’s credit rating. There was no impact  to us from this action as UFLIC has trust accounts and a guarantee from its parent, as discussed above, and is sufficiently collateralized. Accordingly, the reinsurance recoverable with UFLIC is fully collectible and no allowance for credit losses was recorded as of June 30, 2020. Reinsurance recoverables are considered past due when contractual payments have not been received from the reinsurer by the required payment date. Claims submitted for payment are generally due in less than one year. As of June 30, 2020, we did not have any reinsurance recoverables past due, except for Scottish Re US Inc. (“Scottish Re”), a reinsurance company domiciled in Delaware. On March 6, 2019, Scottish Re was ordered into receivership for the purposes of rehabilitation by the Court of Chancery of the State of Delaware.   The proposed Plan of Rehabilitation of Scottish Re was filed on June 30, 2020 . The filing did not include a schedule for affected cedents to object to the proposed rehabilitation plan. We do not know what deadlines will be imposed related to the Court of Chancery’s consideration of the proposed plan, but we expect a final hearing to be scheduled in November or December of this year. As of June 30, 2020, amounts past due related to Scottish Re were $13 million, all of which was included in the allowance for credit losses.   We  will continue to monitor the plan of rehabilitation and expected recovery of the claims balance.

X

- Definition The entire disclosure pertaining to the existence, magnitude and information about insurance that has been ceded to or assumed from another insurance company, including the methodologies and assumptions used in determining recorded amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -URI http://asc.fasb.org/topic&trid=2303980 + Details Name: us-gaap_ReinsuranceTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Borrowings and Liquidity	6 Months Ended
	Jun. 30, 2020
Borrowings	(9) Borrowings and Liquidity (a) Long-Term Borrowings The following table sets forth total long-term borrowings as of the dates indicated:   (Amounts in millions)    June 30, 2020      December 31, 2019   Genworth Holdings (1)       7.70% Senior Notes, due 2020    $ —        $ 397   7.20% Senior Notes, due 2021      356        382   7.625% Senior Notes, due 2021      661        701   4.90% Senior Notes, due 2023      399        399   4.80% Senior Notes, due 2024      400        400   6.50% Senior Notes, due 2034      297        297   Floating Rate Junior Subordinated Notes, due 2066      598        598                     Subtotal      2,711        3,174   Bond consent fees      (22 )       (25 )  Deferred borrowing charges      (10 )       (12 )                    Total Genworth Holdings      2,679        3,137                     Australia (2)       Floating Rate Junior Subordinated Notes, due 2025      138        140                     Total Australia      138        140                     Total    $ 2,817      $ 3,277                       (1) We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread. (2) Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary, who has the option to redeem the notes at face value beginning on July 3, 2020, subject to the Australian Prudential Regulation Authority’s (“APRA”) prior written approval. On January 21, 2020, Genworth Holdings early redeemed $397 million of its 7.70% senior notes originally scheduled to mature in June 2020 for a pre-tax loss of $9 million. The senior notes were fully redeemed with a cash payment of $409 million, comprised of the outstanding principal balance of $397 million, accrued interest of $3 million and a make-whole premium of $9 million. During the second quarter of 2020, Genworth Holdings repurchased $52 million principal amount of its senior notes with 2021 maturity dates for a pre-tax gain of $3 million and paid accrued interest thereon. In March 2020, Genworth Holdings also repurchased $14 million principal amount of its senior notes with 2021 maturity dates for a pre-tax gain of $1 million and paid accrued interest thereon. On July 3, 2020, GFMIPL issued AUD$147 million floating rate subordinated notes due in July 2030 in exchange for AUD$147 million of its floating rate subordinated notes due in July 2025. In addition, on July 3, 2020, GFMIPL issued AUD$43 million floating rate subordinated notes due in July 2030. These notes will pay interest quarterly at a floating rate equal to the three-month bank bill swap reference rate plus a margin of a minimum of 5.0% per annum. GFMIPL has an option to redeem the notes at face value on July 3, 2025 and every interest payment date thereafter up to and excluding the maturity date, and for certain tax and regulatory events (in each case subject to APRA’s prior written approval). Following the settlement of these transactions, GFMIPL has outstanding floating rate subordinated notes of AUD$53 million due in July 2025 and AUD$190 million due in July 2030. (b) Non-Recourse Funding Obligations In January 2020, upon receipt of approval from the Director of Insurance of the State of South Carolina, Rivermont Life Insurance Company I (“Rivermont I”) redeemed all of its $315 million of outstanding non-recourse funding obligations due in 2050. The early redemption resulted in a pre-tax loss of $4 million from the write-off of deferred borrowing costs.

X

- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details Name: us-gaap_DebtDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Income Taxes	6 Months Ended
	Jun. 30, 2020
Income Taxes	(10) Income Taxes The reconciliation of the federal statutory tax rate to the effective income tax rate was as follows for the periods indicated:        Three months ended     Six months ended        June 30,     June 30,        2020     2019     2020     2019   Statutory U.S. federal income tax rate      21.0 %      21.0 %      21.0 %      21.0 %  Increase (reduction) in rate resulting from:                                  Swaps terminated prior to the TCJA      4.8       3.2       19.1       3.9   Effect of foreign operations      3.7       2.3       7.3       2.7   Non-deductible goodwill      1.2       —         2.7       —     Non-deductible expense      0.7       0.6       2.8       0.7   Tax favored investments      (0.8 )      (0.5 )      (3.2 )      (0.5 )  Stock-based compensation      0.1       0.1       2.9       —     Other, net      0.4       2.8       1.9       1.5                                      Effective rate      31.1 %      29.5 %      54.5 %      29.3 %  The increase in the effective tax rate for the three and six months ended June 30, 2020 was primarily attributable to tax expense on forward starting swaps settled prior to the enactment of the Tax Cuts and Jobs Act (“TCJA”), which are tax effected at 35% as they are amortized into net investment income, in relation to lower pre-tax income in the current year. The increase was also attributable to a higher tax expense related to foreign operations, non-deductible goodwill recorded in the current year and higher stock-based compensation for the six months ended June 30, 2020. U.S. GAAP generally requires an annualized effective tax rate to be used for interim reporting periods, utilizing projections of full year results. However, in certain circumstances it is appropriate to record the actual effective tax rate for the period if a reliable full year estimate cannot be made. For the three and six months ended June 30, 2020, we have elected to record the actual effective tax rate for the period, primarily due to the sensitivity of the full year annualized effective rate in relation to small changes in projected pre-tax income .

X

- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32857-109319 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 11.C) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330215-122817 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 17 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32809-109319 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 6.I.5.Q1) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32705-109319 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 270 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -URI http://asc.fasb.org/topic&trid=2144680 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331 + Details Name: us-gaap_IncomeTaxDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Segment Information	6 Months Ended
	Jun. 30, 2020
Segment Information	(11) Segment Information We have the following four operating business segments: U.S. Mortgage Insurance; Australia Mortgage Insurance; U.S. Life Insurance (which includes our long-term care insurance, life insurance and fixed annuities businesses); and Runoff (which includes the results of non-strategic products which have not been actively sold since 2011). In addition to our four operating business segments, we also have Corporate and Other activities which include debt financing expenses that are incurred at the Genworth Holdings level, unallocated corporate income and expenses, eliminations of inter-segment transactions and the results of other businesses that are managed outside of our operating segments, including certain smaller international mortgage insurance businesses and discontinued operations. We tax our international businesses at their local jurisdictional tax rates and our domestic businesses at the U.S. corporate federal income tax rate of 21%. Our segment tax methodology applies the respective jurisdictional or domestic tax rate to the pre-tax income (loss) of each segment, which is then adjusted in each segment to reflect the tax attributes of items unique to that segment such as foreign withholding taxes and permanent differences between U.S. GAAP and local tax law. The difference between the consolidated provision for income taxes and the sum of the provision for income taxes in each segment is reflected in Corporate and Other activities. The annually-determined tax rates and adjustments to each segment’s provision for income taxes are estimates which are subject to review and could change from year to year. We use the same accounting policies and procedures to measure segment income (loss) and assets as our consolidated net income and assets. Our chief operating decision maker evaluates segment performance and allocates resources on the basis of “adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders.” We define adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders as income (loss) from continuing operations excluding the after-tax effects of income (loss) from continuing operations attributable to noncontrolling interests, net investment gains (losses), goodwill impairments, gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, gains (losses) on insurance block transactions, restructuring costs and infrequent or unusual non-operating items. Gains (losses) on insurance block transactions are defined as gains (losses) on the early extinguishment of non-recourse funding obligations, early termination fees for other financing restructuring and/or resulting gains (losses) on reinsurance restructuring for certain blocks of business. We exclude net investment gains (losses) and infrequent or unusual non-operating items because we do not consider them to be related to the operating performance of our segments and Corporate and Other activities. A component of our net investment gains (losses) is the result of estimated future credit losses, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to our discretion and are influenced by market opportunities, as well as asset-liability matching considerations. Goodwill impairments, gains (losses) on the sale of businesses, gains (losses) on the early extinguishment of debt, gains (losses) on insurance block transactions and restructuring costs are also excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders because, in our opinion, they are not indicative of overall operating trends. Infrequent or unusual non-operating items are also excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders if, in our opinion, they are not indicative of overall operating trends. While some of these items may be significant components of net income (loss) available to Genworth Financial, Inc.’s common stockholders in accordance with U.S. GAAP, we believe that adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, and measures that are derived from or incorporate adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the business. Management also uses adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders as a basis for determining awards and compensation for senior management and to evaluate performance on a basis comparable to that used by analysts. However, the items excluded from adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders have occurred in the past and could, and in some cases will, recur in the future. Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders is not a substitute for net income (loss) available to Genworth Financial, Inc.’s common stockholders determined in accordance with U.S. GAAP. In addition, our definition of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders may differ from the definitions used by other companies. Adjustments to reconcile net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) assume a 21% tax rate for our domestic segments and a 30% tax rate for our Australia Mortgage Insurance segment and are net of the portion attributable to noncontrolling interests. Net investment gains (losses) are also adjusted for DAC and other intangible amortization and certain benefit reserves. In the second quarter of 2020, we recorded a goodwill impairment of $3 million , net of the portion attributable to noncontrolling interests, in our Australia mortgage insurance business. During the second and first quarters of 2020, we repurchased $52 million and $14 million, respectively, principal amount of Genworth Holdings’ senior notes with 2021 maturity dates for a pre-tax gain of $3 million and $1 million, respectively. In January 2020, we paid a pre-tax make-whole expense of $9 million related to the early redemption of Genworth Holdings, Inc.’s senior notes originally scheduled to mature in June 2020 and Rivermont I, our indirect wholly-owned special purpose consolidated captive insurance subsidiary, early redeemed all of its $315 million outstanding non-recourse funding obligations originally due in 2050 resulting in a pre-tax loss of $4 million from the write-off of deferred borrowing costs. These transactions were excluded from adjusted operating income (loss) for the periods presented as they relate to gains (losses) on the early extinguishment of debt. We recorded a pre-tax expense of $1 million and $2 million for the three and six months ended June 30, 2020, respectively, and $4 million for the six months ended June 30, 2019 related to restructuring costs as we continue to evaluate and appropriately size our organizational needs and expenses. There were no infrequent or unusual items excluded from adjusted operating income (loss) during the periods presented. The following is a summary of revenues for our segments and Corporate and Other activities for the periods indicated:                                          Three   months   ended June 30,      Six months ended June 30,   (Amounts in millions)    2020      2019            2020                2019         Revenues:             U.S. Mortgage Insurance segment    $ 274      $ 235      $ 535      $ 458                                       Australia Mortgage Insurance segment      136        96        163        206                                       U.S. Life Insurance segment:                     Long-term care insurance      1,200        1,055        2,206        2,169   Life insurance      335        382        683        754   Fixed annuities      129        151        262        310                                       U.S. Life Insurance segment      1,664        1,588        3,151        3,233                                       Runoff segment      90        78        97        160                                       Corporate and Other activities      (26 )       (3 )       29        (19 )                                      Total revenues    $ 2,138      $ 1,994      $ 3,975      $ 4,038                                           The following tables present the reconciliation of net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders and a summary of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities for the periods indicated:                                          Three months   ended June 30,     Six months   ended June 30,   (Amounts in millions)    2020     2019     2020     2019   Net income (loss) available to Genworth Financial, Inc.’s common stockholders    $ (441 )    $ 168     $ (507 )    $ 342   Add: net income from continuing operations attributable to noncontrolling interests      23       15       17       35   Add: net income from discontinued operations attributable to noncontrolling interests      —         35       —         71                                    Net income (loss)      (418 )      218       (490 )      448   Less: income (loss) from discontinued operations, net of taxes      (520 )      60       (520 )      122                                    Income from continuing operations      102       158       30       326   Less: net income from continuing operations attributable to noncontrolling interests      23       15       17       35                                    Income from continuing operations available to Genworth Financial, Inc.’s common stockholders      79       143       13       291   Adjustments to income from continuing operations available to Genworth Financial, Inc.’s common stockholders:          Net investment (gains) losses, net (1)      (131 )      43       (16 )      (28 )  Goodwill impairment, net (2)      3       —         3       —     (Gains) losses on early extinguishment of debt      (3 )      —         9       —     Expenses related to restructuring      1       —         2       4   Taxes on adjustments      30       (8 )      1       6                                    Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders    $ (21 )    $ 178     $ 12     $ 273                                                        (1) For the three months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(4) and $(3) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $32 million and $—, respectively. For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(15) million and $(5) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $6   million in both periods.     (2) For the three and six months ended June 30, 2020, goodwill impairment was adjusted for the portion attributable to noncontrolling interests of $2 million.        Three months ended      Six months ended        June 30,      June 30,   (Amounts in millions)    2020      2019      2020      2019   Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders:          U.S. Mortgage Insurance segment    $ (3 )    $ 147     $     145     $     271   Australia Mortgage Insurance segment      1       13       10       27   U.S. Life Insurance segment:          Long-term care insurance      48       37       49       17   Life insurance      (81 )      10       (158 )      8   Fixed annuities      28       19       34       36                                    U.S. Life Insurance segment      (5 )      66       (75 )      61                                    Runoff segment      24       9       11       29   Corporate and Other activities      (38 )      (57 )      (79 )      (115 )                                   Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders    $ (21 )    $ 178     $ 12     $ 273                                    The following is a summary of total assets for our segments and Corporate and Other activities as of the dates indicated: (Amounts in millions)    June 30, 2020      December 31, 2019   Assets:       U.S. Mortgage Insurance segment    $ 4,944      $ 4,504   Australia Mortgage Insurance segment      2,439        2,406   U.S. Life Insurance segment      83,829        81,640   Runoff segment      9,783        9,953   Corporate and Other activities      2,642        2,839                     Total assets    $ 103,637      $ 101,342

X

- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details Name: us-gaap_SegmentReportingDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies	(12) Commitments and Contingencies (a) Litigation and Regulatory Matters We face the risk of litigation and regulatory investigations and actions in the ordinary course of operating our businesses, including the risk of class action lawsuits. Our pending legal and regulatory actions include proceedings specific to us and others generally applicable to business practices in the industries in which we operate. In our insurance operations, we are, have been, or may become subject to class actions and individual suits alleging, among other things, issues relating to sales or underwriting practices, increases to in-force long-term care insurance premiums, payment of contingent or other sales commissions, claims payments and procedures, product design, product disclosure, product administration, additional premium charges for premiums paid on a periodic basis, denial or delay of benefits, charging excessive or impermissible fees o n   products , recommending unsuitable products to customers, our pricing structures and business practices in our mortgage insurance businesses, such as captive reinsurance arrangements with lenders and contract underwriting services, violations of the Real Estate Settlement and Procedures Act of 1974 or related state anti-inducement laws, and mortgage insurance policy rescissions and curtailments, and breaching fiduciary or other duties to customers, including but not limited to breach of customer information. Plaintiffs in class action and other lawsuits against us may seek very large or indeterminate amounts which may remain unknown for substantial periods of time. In our investment-related operations, we are subject to litigation involving commercial disputes with counterparties. We are also subject to litigation arising out of our general business activities such as our contractual and employment relationships, post-closing obligations associated with previous dispositions and securities lawsuits. In addition, we are also subject to various regulatory inquiries, such as information requests, subpoenas, books and record examinations and market conduct and financial examinations from state, federal and international regulators and other authorities. A substantial legal liability or a significant regulatory action against us could have an adverse effect on our business, financial condition and results of operations. Moreover, even if we ultimately prevail in the litigation, regulatory action or investigation, we could suffer significant reputational harm, which could have an adverse effect on our business, financial condition or results of operations. In January 2016, Genworth Financial, its current chief executive officer, its former chief executive officer, its former chief financial officer and current and former members of its board of directors were named in a shareholder derivative suit filed by International Union of Operating Engineers Local No. 478 Pension Fund, Richard L. Salberg and David Pinkoski in the Court of Chancery of the State of Delaware. The case was captioned Int’l Union of Operating Engineers Local No.  478 Pension Fund, et al v. McInerney, et al. In February 2016, Genworth Financial, its current chief executive officer, its former chief executive officer, its former chief financial officer and current and former members of its board of directors were named in a second shareholder derivative suit filed by Martin Cohen in the Court of Chancery of the State of Delaware. The case was captioned Cohen v. McInerney, et al . On February 23, 2016, the Court of Chancery of the State of Delaware consolidated these derivative suits under the caption Genworth Financial, Inc. Consolidated Derivative Litigation . On March 28, 2016, plaintiffs in the consolidated action filed an amended complaint. The amended complaint alleges breaches of fiduciary duties concerning Genworth’s long-term care insurance reserves and concerning Genworth’s Australian mortgage insurance business, including our plans for an IPO of the business and seeks unspecified damages, costs, attorneys’ fees and such equitable relief as the Court may deem proper. The amended consolidated complaint also adds Genworth’s current chief financial officer as a defendant, based on the current chief financial officer’s alleged conduct in her former capacity as Genworth’s controller and principal accounting officer. We moved to dismiss the consolidated action on May 27, 2016. Thereafter, plaintiffs filed a substantially similar second amended complaint which we moved to dismiss on September 16, 2016. The motion is fully briefed and awaiting disposition by the Court. The action is stayed pending the completion of the proposed China Oceanwide transaction. In October 2016, Genworth Financial, its current chief executive officer, its former chief executive officer, its current chief financial officer, its former chief financial officer and current and former members of its board of directors were named in a shareholder derivative suit filed by Esther Chopp in the Court of Chancery of the State of Delaware. The case is captioned Chopp v. McInerney, et al. The complaint alleges that Genworth’s board of directors wrongfully refused plaintiff’s demand to commence litigation on behalf of Genworth and asserts claims for breaches of fiduciary duties, waste, contribution and indemnification, and unjust enrichment concerning Genworth’s long-term care insurance reserves and concerning Genworth’s Australian mortgage insurance business, including our plans for an IPO of the business, and seeks unspecified damages, costs, attorneys’ fees and such equitable relief as the Court may deem proper. We filed a motion to dismiss on November 14, 2016. The action is stayed pending the completion of the proposed China Oceanwide transaction. In December 2017, Genworth Financial International Holdings, LLC (“GFIH”) and Genworth Financial were named as defendants in an action captioned AXA S.A. v. Genworth Financial International Holdings, LLC et al., in the High Court of Justice, Business and Property Courts of England and Wales. In the action, AXA initially sought in excess of £28 million on an indemnity provided for in the 2015 agreement pursuant to which Genworth sold to AXA two insurance companies, Financial Insurance Company Limited (“FICL”) and Financial Assurance Company Limited (“FACL”), relating to alleged remediation it has paid to customers who purchased payment protection insurance (“PPI”). In February 2018, we served a Particulars of Defence and counterclaim against AXA, and also served other counterclaims against various parties, including Santander Cards UK Limited (“Santander”), alleging that Santander is responsible for any remediation paid to PPI customers. AXA and Santander applied to the Court for orders dismissing or staying the counterclaims. A hearing on those applications was held in October 2018, and the Court dismissed our counterclaims. On November 15, 2018, AXA amended its claim and updated its demand to £237 million. We filed our amended Particulars of Defence and amended counterclaim on December 13, 2018, seeking, among other forms of relief, a declaration that in the event we make any payment to AXA pursuant to the indemnity, we are subrogated to FICL’s and FACL’s rights against Santander with respect to those amounts. On February 25, 2019, AXA amended its claim and updated its demand to £265 million. The Court held a case management conference and hearing on February 26, 2019. Santander, FICL and FACL consented to be joined as parties to the proceedings and consented to allow Genworth to amend its pleadings to include the subrogation declarations to reflect the additional parties. On March 29, 2019, AXA, FICL, FACL and Santander filed their respective responses to our amended counterclaim. On June 21, 2019, we filed an application to address certain deficiencies in AXA’s discovery production. On July 18, 2019, we reached an agreement with AXA and Santander regarding our discovery application. The hearing on liability and subrogation matters concluded on November 12, 2019. On December 6, 2019, the Court issued its judgment, ruling in AXA’s favor with respect to its claim against Genworth for 90% of AXA’s payment of PPI mis-selling losses. The Court further ruled, among other matters, that Genworth is not entitled to be subrogated to the rights of FICL/FACL against Santander or require AXA to assert reasonable defenses with respect to PPI mis-selling claims. In January 2020, we made an interim payment to AXA for approximately $134 million, which was previously accrued in December 2019 in connection with the aforementioned Court ruling. On January 10, 2020, Genworth applied to the English Court of Appeal (Civil Division) for permission to appeal certain aspects of the December 6, 2019 judgment including, among other matters, the Court’s determination that Genworth is not entitled to be subrogated to the rights of FICL/FACL against Santander or require AXA to assert reasonable defenses with respect to PPI mis-selling claims. On March 16, 2020, the English Court of Appeal (Civil Division) denied permission for Genworth to appeal the December 6, 2019 judgment.   On June 8 , 2020, AXA amended its claim and updated  its demand to £499 million ,   excluding  an alleged claim   for a tax gross up for a  possible additional amount of £117 million or more. The damages hearing took place from June 15, 2020 through June 23, 2020 .   O n July 20, 2020, Genworth and GFIH entered into a settlement agreement with AXA pur suant t o which the parties  have agreed, pending satisfaction of certain conditions, not to enforce, appeal or set aside the liability judgment of December 6, 2019 and the subseque ntly iss ued damages judgment of July 27, 2020. See note 14 f o r   additional details on the terms of the settlement with AXA , the sale of our former lifestyle protection insurance business and amo unts recor ded r el ated to loss from d i scon ti n ued operations . In September 2018, Genworth Life and Annuity Insurance Company (“GLAIC”), our indirect wholly-owned subsidiary, was named as a defendant in a putative class action lawsuit pending in the United States District Court for the Eastern District of Virginia captioned TVPX ARX INC., as Securities Intermediary for Consolidated Wealth Management, LTD. on behalf of itself and all others similarly situated v. Genworth Life and Annuity Insurance Company . Plaintiff alleges unlawful and excessive cost of insurance charges were imposed on policyholders. The complaint asserts claims for breach of contract, alleging that Genworth improperly considered non-mortality factors when calculating cost of insurance rates and failed to decrease cost of insurance charges in light of improved expectations of future mortality, and seeks unspecified compensatory damages, costs , and equitable relief. On October 29, 2018, we filed a motion to enjoin the case in the Middle District of Georgia, and a motion to dismiss and motion to stay in the Eastern District of Virginia. We moved to enjoin the prosecution of the Eastern District of Virginia action on the basis that it involves claims released in a prior nationwide class action settlement (the “McBride settlement”) that was approved by the Middle District of Georgia. Plaintiff filed an amended complaint on November 13, 2018. On December 6, 2018, we moved the Middle District of Georgia for leave to file our counterclaim, which alleges that plaintiff breached the covenant not to sue contained in the prior settlement agreement by filing its current action. On March 15, 2019, the Middle District of Georgia granted our motion to enjoin and denied our motion for leave to file our counterclaim. As such, plaintiff is enjoined from pursuing its class action in the Eastern District of Virginia. On March 29, 2019, plaintiff filed a notice of appeal in the Middle District of Georgia, notifying the Court of its appeal to the United States Court of Appeals for the Eleventh Circuit from the order granting our motion to enjoin. On March 29, 2019, we filed our notice of cross-appeal in the Middle District of Georgia, notifying the Court of our cross-appeal to the Eleventh Circuit from the portion of the order denying our motion for leave to file our counterclaim. On April 8, 2019, the Eastern District of Virginia dismissed the case without prejudice, with leave for plaintiff to refile an amended complaint only if a final appellate Court decision vacates the injunction and reverses the Middle District of Georgia’s opinion. On May 21, 2019, plaintiff filed its appeal and memorandum in support in the Eleventh Circuit. We filed our response to plaintiff’s appeal memorandum on July 3, 2019. The Eleventh Circuit Court of Appeals heard oral argument on plaintiff’s appeal and our cross-appeal on April 21, 2020. On May 26, 2020, the Eleventh Circuit Court of Appeals vacated the Middle District of Georgia’s order enjoining Plaintiff’s class action and remanded the case back to the Middle District of Georgia for further factual development as to whether Genworth has altered how it calculates or charges cost of insurance since the McBride settlement. The Eleventh Circuit Court of Appeals did not reach a decision on Genworth’s counterclaim. We intend to continue to vigorously defend the dismissal of this action. In September 2018, Genworth Financial, Genworth Holdings, Genworth North America Corporation, GFIH and Genworth Life Insurance Company (“GLIC”) were named as defendants in a putative class action lawsuit pending in the Court of Chancery of the State of Delaware captioned Richard  F. Burkhart, William  E. Kelly, Richard  S. Lavery, Thomas  R. Pratt, Gerald Green, individually and on behalf of all other persons similarly situated v. Genworth et  al . Plaintiffs allege that GLIC paid dividends to its parent and engaged in certain reinsurance transactions causing it to maintain inadequate capital capable of meeting its obligations to GLIC policyholders and agents. The complaint alleges causes of action for intentional fraudulent transfer and constructive fraudulent transfer, and seeks injunctive relief. We moved to dismiss this action in December 2018. On January 29, 2019, plaintiffs exercised their right to amend their complaint. On March 12, 2019, we moved to dismiss plaintiffs’ amended complaint. On April 26, 2019, plaintiffs filed a memorandum in opposition to our motion to dismiss, which we replied to on June 14, 2019. On August 7, 2019, plaintiffs filed a motion seeking to prevent proceeds that GFIH expected to receive from the then planned sale of its shares in Genworth Canada   from being transferred out of GFIH. On September 11, 2019, plaintiffs filed a renewed motion seeking the same relief from their August 7, 2019 motion with an exception that allowed GFIH to transfer $450 million of expected proceeds from the sale of Genworth Canada through a dividend to Genworth Holdings to allow the pay off of a senior secured term loan facility dated March 7, 2018 among Genworth Holdings as the borrower, GFIH as the limited guarantor and the lending parties thereto. Oral arguments on our motion to dismiss and plaintiffs’ motion occurred on October 21, 2019, and plaintiffs’ motion was denied. On January 31, 2020, the Court granted in part our motion to dismiss, dismissing claims relating to $395 million in dividends GLIC paid to its parent from 2012 to 2014 (out of the $410 million in total dividends subject to plaintiffs’ claims). The Court denied the balance of the motion to dismiss leaving a claim relating to $15 million in dividends and unquantified claims relating to the 2016 termination of a reinsurance transaction. On March 27, 2020, we filed our answer to plaintiffs’ amended complaint. We intend to continue to vigorously defend this action. In January 2019, Genworth Financial and GLIC were named as defendants in a putative class action lawsuit pending in the United States District Court for the Eastern District of Virginia captioned Jerome Skochin, Susan Skochin, and Larry Huber, individually and on behalf of all other persons similarly situated v. Genworth Financial, Inc. and Genworth Life Insurance Company . Plaintiffs seek to represent long-term care insurance policyholders, alleging that Genworth made misleading and inadequate disclosures regarding premium increases for long-term care insurance policies. The complaint asserts claims for breach of contract, fraud, fraudulent inducement and violation of Pennsylvania’s Unfair Trade Practices and Consumer Protection Law (on behalf of the two named plaintiffs who are Pennsylvania residents), and seeks damages (including statutory treble damages under Pennsylvania law) in excess of $5 million. On March 12, 2019, we moved to dismiss plaintiffs’ complaint. On March 26, 2019, plaintiffs filed a memorandum in opposition to our motion to dismiss, which we replied to on April 1, 2019. In July 2019, the Court heard oral arguments on our motion to dismiss. On August 29, 2019, the Court issued an order granting our motion to dismiss the claim with regard to breach of contract, but denied our motion with regard to fraudulent omission, fraudulent inducement and violation of the Pennsylvania Unfair Trade Practices and Consumer Protection law. On September 20, 2019, plaintiffs filed an amended complaint, dropping Genworth Financial as a defendant and reducing their causes of action from four counts to two: fraudulent inducement by omission and violation of Pennsylvania’s Unfair Trade Practices and Consumer Protection Law (on behalf of the two named plaintiffs who are Pennsylvania residents). The parties engaged in a mediation process and, on October 22, 2019, reached an agreement in principle to settle this matter on a nationwide basis. On November 22, 2019, plaintiffs filed an amended complaint, adding Genworth Life Insurance Company of New York as a defendant and expanding the class to all fifty states and the District of Columbia. On January 15, 2020, the Court preliminarily approved the settlement and set the final approval hearing for July 10, 2020. On March 26, 2020, the parties filed a Joint Motion for Leave to Amend certain aspects of the settlement, which was approved by the Court on March 31, 2020. On April 10, 2020, the Indiana Department of Insurance filed a Motion to Intervene and Motion to Stay, seeking to stay the current schedule for class settlement and delay the date of the final approval hearing in light of disruptions caused by COVID-19. On April 14, 2020, the class administrator sent out class notices to potential settlement class members. On April 17, 2020, plaintiffs filed their opposition to the Indiana Department of Insurance’s motion to stay.   The Court conducted final approval hearings on July 10, 2020 and July 14, 2020 and has continued the final approval hearing to September 11, 2020. Based on the Court’s preliminary approval of the settlement, we do not anticipate the outcome of this matter to have a material adverse impact on our results of operations or financial position. If the court does not approve the final settlement, we intend to continue to vigorously defend this action. On April 6, 2020, GLAIC, our indirect wholly-owned subsidiary, was named as a defendant in a putative class action lawsuit filed in the United States District Court for the Eastern District of Virginia, captioned Brighton Trustees, LLC, on behalf of and as trustee for Diamond LS Trust; and Bank of Utah, solely as securities intermediary for Diamond LS Trust; on behalf of themselves and all others similarly situated v. Genworth Life and Annuity Insurance Company. On May 13, 2020, GLAIC was also named as a defendant in a putative class action lawsuit filed in the United States District Court for the Eastern District of Virginia, captioned Ronald L. Daubenmier, individually and on behalf of himself and all others similarly situated v. Genworth Life and Annuity Insurance Company . On June 26, 2020, Plaintiffs filed a consent motion to consolidate the two cases. On June 30, 2020, the United States District Court for the Eastern District of Virginia issued an order consolidating the Brighton Trustees and Daubenmier cases. On July 17, 2020, the Brighton Trustees and Daubenmier Plaintiffs filed a consolidated complaint, alleging that GLAIC subjected policyholders to an unlawful and excessive cost of insurance increase. The consolidated complaint asserts claims for breach of contract and injunctive relief, and seeks damages in excess of $5 million. Our responsive pleading deadline is August 31, 2020. We intend to vigorously defend this action. At this time we cannot determine or predict the ultimate outcome of any of the pending legal and regulatory matters specifically identified above or the likelihood of potential future legal and regulatory matters against us. Except as disclosed above, we are not able to provide an estimate or range of reasonably possible losses related to these matters. Therefore, we cannot ensure that the current investigations and proceedings will not have a material adverse effect on our business, financial condition or results of operations. In addition, it is possible that related investigations and proceedings may be commenced in the future, and we could become subject to additional unrelated investigations and lawsuits. Increased regulatory scrutiny and any resulting investigations or proceedings could result in new legal precedents and industry-wide regulations or practices that could adversely affect our business, financial condition and results of operations. (b) Commitments As of June 30, 2020, we were committed to fund $1,135 million in limited partnership investments, $84 million in U.S. commercial mortgage loan investments and $32 million in private placement investments. As of June 30, 2020, we were also committed to fund $35 million of bank loan investments which had not yet been drawn.

X

- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -URI http://asc.fasb.org/topic&trid=2127136 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -URI http://asc.fasb.org/topic&trid=2144648 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121559207&loc=d3e25336-109308 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121559207&loc=d3e25336-109308 + Details Name: us-gaap_CommitmentsAndContingenciesDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Changes in Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2020
Changes In Accumulated Other Comprehensive Income (Loss)	(13) Changes in Accumulated Other Comprehensive Income (Loss) The following tables show the changes in accumulated other comprehensive income (loss), net of taxes, by component as of and for the periods indicated:   (Amounts in millions)    Net unrealized investment gains (losses)   (1)     Derivatives qualifying   as hedges   (2)     Foreign currency translation and other adjustments     Total   Balances as of April 1, 2020    $ 1,140     $ 2,755     $ (80 )    $ 3,815   OCI before reclassifications      762       (48 )      73       787   Amounts reclassified from (to) OCI      (88 )      (30 )      —         (118 )                                   Current period OCI      674       (78 )      73       669                                    Balances as of June 30, 2020 before noncontrolling interests      1,814       2,677       (7 )      4,484                                    Less: change in OCI attributable to noncontrolling interests      3       —         34       37                                    Balances as of June 30, 2020    $ 1,811     $ 2,677     $ (41 )    $ 4,447                                      (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions)    Net unrealized investment gains (losses) (1)      Derivatives qualifying   as hedges   (2)     Foreign currency translation and other adjustments     Total   Balances as of April 1, 2019    $ 943      $ 1,850     $ (301 )    $ 2,492   OCI before reclassifications      375        157       43       575   Amounts reclassified from (to) OCI      1        (24 )      —         (23 )                                    Current period OCI      376        133       43       552                                     Balances as of June 30, 2019 before noncontrolling interests      1,319        1,983       (258 )      3,044                                     Less: change in OCI attributable to noncontrolling interests      14        —         17       31                                     Balances as of June 30, 2019    $ 1,305      $ 1,983     $ (275 )    $ 3,013                                       (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information.   (Amounts in millions)    Net unrealized investment gains (losses) (1)     Derivatives qualifying   as hedges   (2)     Foreign currency translation and other adjustments     Total   Balances as of January 1, 2020    $ 1,456     $ 2,002     $ (25 )    $ 3,433   OCI before reclassifications      448       735       (25 )      1,158   Amounts reclassified from (to) OCI      (94 )      (60 )      —         (154 )                                   Current period OCI      354       675       (25 )      1,004                                    Balances as of June 30, 2020 before noncontrolling interests      1,810       2,677       (50 )      4,437                                    Less: change in OCI attributable to noncontrolling interests      (1 )      —         (9 )      (10 )                                   Balances as of June 30, 2020    $ 1,811     $ 2,677     $ (41 )    $ 4,447                                      (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information.   (Amounts in millions)    Net unrealized investment gains (losses) (1)     Derivatives qualifying   as hedges   (2)     Foreign currency translation and other adjustments     Total   Balances as of January 1, 2019    $ 595     $ 1,781     $ (332 )    $ 2,044   OCI before reclassifications      802       254       97       1,153   Amounts reclassified from (to) OCI      (46 )      (52 )      —         (98 )                                   Current period OCI      756       202       97       1,055                                    Balances as of June 30, 2019 before noncontrolling interests      1,351       1,983       (235 )      3,099                                    Less: change in OCI attributable to noncontrolling interests      46       —         40       86                                    Balances as of June 30, 2019    $ 1,305     $ 1,983     $ (275 )    $ 3,013                                      (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. The foreign currency translation and other adjustments balance in the charts above included $(2) million, net of taxes of $1 million, related to a net unrecognized postretirement benefit obligation as of June 30, 2019. The balance also included taxes of $22 million and $(45) million, respectively, related to foreign currency translation adjustments as of June 30, 2020 and 2019. The following table shows reclassifications in (out) of accumulated other comprehensive income (loss), net of taxes, for the periods presented:       Amount reclassified from accumulated           other comprehensive income (loss)     Affected line item in the consolidated statements of income     Three months ended June 30,     Six months ended June 30,   (Amounts in millions)   2020     2019     2020     2019   Net unrealized investment (gains) losses:            Unrealized (gains) losses on investments  (1)    $ (112 )    $ 2     $ (119 )    $ (58 )    Net investment (gains) losses Income taxes      24       (1 )      25       12     Provision for income taxes                                    Total    $ (88 )    $ 1     $ (94 )    $ (46 )                                       Derivatives qualifying as hedges:            Interest rate swaps hedging assets    $ (46 )    $ (42 )    $ (89 )    $ (80 )    Net investment income Interest rate swaps hedging assets      —         4       (4 )      (2 )    Net investment (gains) losses Foreign currency swaps      —         1       —         1     Net investment income Income taxes      16       13       33       29     Provision for income taxes                                    Total    $ (30 )    $ (24 )    $ (60 )    $ (52 )                                         (1) Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

X

- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_ComprehensiveIncomeNoteTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Discontinued Operations	6 Months Ended
	Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	(14) Discontinued Operations Canada mortgage insurance business On December 12, 2019, we completed the sale of Genworth Canada, our former Canada mortgage insurance business and received approximately $1.7 billion in net cash proceeds. Prior to its sale, in the third quarter of 2019, Genworth Canada was reported as discontinued operations; accordingly, its results of operations were separately reported for the three and six months ended June 30, 2019. A summary of operating results related to Genworth Canada reported as discontinued operations were as follows for the three and six months ended June 30, 2019:   (Amounts in millions)    Three months   ended June 30, 2019      Six months   ended June 30,   2019   Revenues:       Premiums    $ 125      $ 251   Net investment income      36        71   Net investment gains (losses)      1        —                       Total revenues      162        322                     Benefits and expenses:       Benefits and other changes in policy reserves      19        38   Acquisition and operating expenses, net of deferrals      18        32   Amortization of deferred acquisition costs and intangibles      11        21   Interest expense (1)      13        25                     Total benefits and expenses      61        116                     Income before income taxes (2)      101        206   Provision for income taxes      41        84                     Income from discontinued operations, net of taxes      60        122                     Less: net income from discontinued operations attributable to noncontrolling interests      35        71                     Income from discontinued operations available to Genworth Financial, Inc.’s common stockholders    $ 25      $ 51                       (1) Interest on debt assumed by Brookfield and interest on debt that was repaid as a result of the sale of Genworth Canada was allocated and reported in discontinued operations. A senior secured term loan facility (“Term Loan”), owed by Genworth Holdings and secured by GFIH’s ownership interest in Genworth Canada’s outstanding common shares, was repaid in connection with the close of the Genworth Canada sale. Accordingly, interest expense related to the Term Loan of $8 million and $16 million for the three and six months ended June 30, 2019, respectively, was allocated and reported in discontinued operations. (2) The three and six months ended June 30, 2019 includes pre-tax income from discontinued operations available to Genworth Financial, Inc.’s common stockholders of $55 million and $111 million, respectively. Lifestyle protection insurance On December 1, 2015, we completed the sale of our lifestyle protection insurance business to AXA. In June 2020, we accrued a contingent liability of $653 million that was reflected as liabilities related to discontinued operations in our unaudited condensed consolidated balance sheet as of June 30, 2020. The contingent liability was recorded in connection with a settlement agreement reached with AXA on July 20, 2020  f or losses incurred from mis-selling complaints on policies sold from 1970 through 2004. An   after-tax loss of $516 million related to the settlement was also included in loss from discontinued operations for the three and six months ended June 30, 2020, along with other after-tax legal fees and expenses of $4 million. See note 12 for additional details related to the case regarding the sale of our lifestyle protection insurance business. As part of the settlement agreement, we agreed to make payments for   certain payment protection insurance  mis -selling claims, along with  a significant p ortion of future claims that are still being processed. On July 21, 2020, under the settlement agreement, we paid an initial amount of £100 million ($125 million) to AXA. In addition, we issued a secured promissory note to AXA, under which we agreed to make deferred cash payments totaling approximately £317 million in two installment payments on June 2022 and September 2022. Future claims that are still being processed will be added to the promissory note as part of the September 2022 payment. The promissory note will accrue interest at a fixed rate of 5.25% due quarterly, with a potential for an interest rate decrease to 2.75% following certain prepayment trigger events. To secure our obligation under the promissory note, we granted a 19.9% security interest, held by us through our subsidiaries, in both our outstanding common stock of Genworth Mortgage Holdings, Inc. (“GMHI”) and Genworth Mortgage Insurance Australia Limited to AXA. AXA does not have the right to sell or repledge the collateral and is not entitled to any voting rights. The collateral will be released back to us upon full repayment of the promissory note. Accordingly, the collateral arrangement has no impact on our unaudited condensed consolidated financial statements. In the event AXA recovers amounts from third parties related to the mis-selling losses, including from the distributor responsible for the sale of the policies, we have certain rights to share in those recoveries to recoup payments for the underlying mis-selling losses. As of June 30, 2020, we have not recorded any amounts associated with recoveries from third parties. The promissory note is also subject to certain mandatory prepayments upon the occurrence of:     •   the consummation of certain qualifying debt transactions in which total gross proceeds of at least $750 million are raised;     •   the consummation of certain qualifying equity issuances or dispositions with respect to GMHI, or any of our subsidiaries, in which total net cash proceeds of at least $475 million are raised;     •   certain dispositions of our U.S. mortgage insurance business;     •   the consummation of the China Oceanwide merger and the funding of the contemplated capital investment plan;     •   transactions involving a change of control of Genworth, other than the China Oceanwide transaction; and     •   receipt of dividends and sale proceeds from certain Genworth subsidiaries above certain threshold amounts. The promissory note also contains certain negative and affirmative covenants, representations and warranties and customary events of default. In January 2020, we made an interim payment to AXA for £100 million ($134 million), which was accrued as a contingent liability and reflected as liabilities related to discontinued operations as of December 31, 2019. This amount was included in income (loss) from discontinued operations for the year ended December 31, 2019. We have established our current best estimates for future claims that are still being processed under the settlement agreement, as well as for an unrelated liability related to certain claims and other expenses; however, there may be future adjustments to these estimates. If amounts are different from our estimates, it could result in an adjustment to our liabilities and an additional amount reflected in income (loss) from discontinued operations.

X

- References No definition available. + Details Name: us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details Name: us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Accounting Changes (Policies)	6 Months Ended
	Jun. 30, 2020
Disclosure of Accounting Changes [Abstract]
Accounting Pronouncements Recently Adopted	Accounting Pronouncements Recently Adopted On January 1, 2020, we adopted new accounting guidance related to disclosure requirements for defined benefit plans as part of the Financial Accounting Standards Board’s (the “FASB”) disclosure framework project. The guidance adds, eliminates and modifies certain disclosure requirements for defined benefit pension and other postretirement benefit plans. We adopted this new accounting guidance using the retrospective method, which did not have a significant impact on our condensed consolidated financial statements and disclosures. On January 1, 2020, we adopted new accounting guidance related to fair value disclosure requirements as part of the FASB’s disclosure framework project. The guidance adds, eliminates and modifies certain disclosure requirements for fair value measurements. The guidance includes new disclosure requirements related to changes in unrealized gains and losses included in other comprehensive income (loss) for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements. We adopted this new accounting guidance using the prospective method for disclosures related to changes in unrealized gains and losses included in other comprehensive income (loss) for recurring Level 3 fair value measurements held at the end of the reporting period, the range and weighted-average of significant unobservable inputs used to develop Level 3 fair value measurements and the narrative description of measurement uncertainty and the retrospective method for all other disclosures. This accounting guidance did not impact our condensed consolidated financial statements but impacted our fair value disclosures. In March 2020, the FASB issued new accounting guidance related to reference rate reform, which was effective for us on January 1, 2020. The guidance provides temporary guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform, which includes the transition away from the London Interbank Offered Rate (“LIBOR”). This new guidance provides optional practical expedients and exceptions for applying generally accepted accounting principles to investments, derivatives or other transactions affected by reference rate reform such as those that impact the assessment of derivative hedge effectiveness and contract modifications, to include continuing hedge accounting when certain critical terms of a hedging relationship change and modifying certain effectiveness assessments to exclude certain potential sources of ineffectiveness. In addition to the optional practical expedients, the guidance includes a general principle that permits an entity to consider contract modifications due to reference rate reform to be an event that does not require contract remeasurement at the modification date or reassessment of a previous accounting determination. We adopted this guidance prospectively and it did not have a significant impact on our condensed consolidated financial statements or disclosures. However, the amendments in this guidance may be elected over time through December 31, 2022 as reference rate reform activities occur and therefore, this guidance may impact our procedures, including our process for assessing the effectiveness of our cash flow hedging relationships, determined on an individual hedge basis, as we implement measures to transition away from LIBOR. On January 1, 2020, we adopted new accounting guidance related to accounting for credit losses on financial instruments. The guidance requires entities to recognize an allowance equal to its estimate of lifetime expected credit losses and applies to most financial instruments not measured at fair value, which primarily includes our commercial mortgage loans, bank loan investments and reinsurance recoverables. The new guidance also requires the recognition of an allowance for expected credit losses as a liability in our consolidated balance sheet for off-balance sheet credit exposures, including commitments to fund bank loan investments, private placement investments and commercial mortgage loans. The new guidance did not have a significant impact on other assets not measured at fair value. The FASB also issued an amendment to the guidance allowing entities to irrevocably elect the fair value option on an instrument-by-instrument basis for eligible instruments, which we did not elect. For our commercial mortgage loans, we determine the adequacy of the allowance for credit losses utilizing an analytical model that provides various loss scenarios based on historical experience adjusted for current events, trends, economic conditions and reasonable and supportable forecasts that result in a loss in the loan portfolio over the estimated life of the loans. We revert to historical credit loss experience for periods beyond forecasts that are reasonable and supportable. The allowance for credit losses is measured on a collective basis with consideration for debt service coverage ratio, debt-to-value, property-type and geographic location. Key inputs into the analytical model include exposure, weighted-average life, return, historical loss rates and forecast   scenarios. Actual amounts realized over time could differ from the amounts estimated for the allowance for credit losses reported in the condensed consolidated financial statements. Commercial mortgage loans are written off against the allowance to the extent principal or interest is deemed uncollectible. Accrued interest related to commercial mortgage loans is included in accrued investment income in our condensed consolidated balance sheet and had a carrying value of $ 25  million as of June  30 , 2020 . We do not measure an allowance for credit losses related to accrued interest as uncollectible accrued interest related to our commercial mortgage loans are written off after 90 days and once collectability is determined to be uncertain and not probable. Amounts written off related to accrued interest are recorded as a credit loss expense included in net investment gains (losses). We adopted the guidance related to our investments carried at amortized cost using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $23 million, net of deferred taxes of $6 million, for commercial mortgage loans and bank loan investments, with an offset to cumulative effect of change in accounting within retained earnings. See note 4 for additional disclosures related to commercial mortgage loans. We adopted the guidance related to our off-balance sheet credit exposures using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $1 million, included in other liabilities in our condensed consolidated balance sheet, with an offset to cumulative effect of change in accounting within retained earnings. The allowance for credit losses for reinsurance recoverables is evaluated based on historical loss experience adjusted for current events and reasonable and supportable forecasts from both internal and external sources. The allowance is measured by reinsurer, taking into consideration the reinsured product type and collateral type, and is calculated based on an externally reported probability of default corresponding to the reinsurer’s credit rating and the expected duration of the reinsurer’s contractual obligation to reimburse us for ceded claims on the underlying policies. Our estimate of the allowance reflects consideration for collateral securing the reinsurance agreements and expected recoveries of amounts previously charged off and expected to be charged off. We also consider other credit risk factors, including, among other factors, the historical frequency and severity of the associated insurance claims, aging of recoverables and regulatory, legal and economic factors, to determine if an additional incremental allowance for credit losses is required. No reversion adjustments are necessary as the starting point for our allowance for credit losses reflects historical loss experience covering the expected duration of the reinsurer’s contractual obligation to reimburse us. If available facts and circumstances indicate the reinsurance recoverable does not reflect expectations consistent with the collective analysis, the reinsurance recoverable is assessed on a separate basis. Write-offs of reinsurance recoverables are deducted from the allowance in the period the reinsurance recoverable is determined to be uncollectible. We adopted the guidance related to our reinsurance recoverables using the modified retrospective method and recorded an allowance related to lifetime expected credit losses of $31 million, net of deferred taxes of $9 million, with an offset to cumulative effect of change in accounting within retained earnings. See note 8 for additional disclosures related to reinsurance recoverables. The new guidance retains most of the existing impairment guidance for available-for-sale fixed maturity securities but amends the presentation of credit losses to reflect an allowance for credit losses as opposed to a write-down of the amortized cost of the investment and permits the reversal of credit losses through net income (loss) when reassessing changes in credit losses each reporting period. Available-for-sale fixed maturity securities in an unrealized loss position are evaluated to determine whether the decline in fair value is related to credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency/agencies and adverse conditions specifically related to the security, among other factors. If a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present   value of cash flows expected to be collected is less than the amortized cost basis, an allowance for credit losses is recorded, limited by the amount that the fair value is less than the amortized cost basis. Estimating the cash flows expected to be collected is a quantitative and qualitative process that incorporates information received from third-party sources along with internal assumptions and judgments. When developing the estimate of cash flows expected to be collected, we utilize an analytical model that provides for various loss scenarios and consider the industry sector, current levels of subordination, geographic location and other relevant characteristics of the security or underlying assets, as well as reasonable and supportable forecasts. Losses are written off against the allowance when deemed uncollectible or when we intend to sell or expect we will be required to sell a security prior to recovering our amortized cost. We exclude accrued interest related to available-for-sale fixed maturity securities from the estimate of allowance for credit losses. Accrued interest is included in accrued investment income in our condensed consolidated balance sheet and had a carrying value of $544 million as of June 30, 2020. We do not measure an allowance for credit losses related to accrued interest as uncollectible accrued interest related to our available-for-sale fixed maturity securities are written off after 90 days and once collectability is determined to be uncertain and not probable. Amounts written off related to accrued interest are recorded as a credit loss expense included in net investment gains (losses). We adopted the guidance related to our available-for-sale fixed maturity securities for which a previous other-than-temporary impairment was recognized prior to the date of adoption using the prospective method and the modified retrospective method for all other available-for-sale fixed maturity securities, which did not have any impact upon adoption.
Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued new accounting guidance related to simplifying the accounting for income taxes. The guidance eliminates certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. The guidance is currently effective for us on January 1, 2021 using the retrospective method or modified retrospective method for certain changes and prospective method for all other changes, with early adoption permitted. We are in process of evaluating the impact the guidance may have on our consolidated financial statements and disclosures. In August 2018, the FASB issued new accounting guidance that significantly changes the recognition and measurement of long-duration insurance contracts and expands disclosure requirements, which impacts our life insurance deferred acquisition costs (“DAC”) and liabilities. In accordance with the guidance, the more significant changes include:     •   assumptions will no longer be locked-in at contract inception and all cash flow assumptions used to estimate the liability for future policy benefits (except the discount rate) will be reviewed at least annually in the same period each year or more frequently if actual experience indicates a change is required. Changes will be recorded in net income (loss) using a retrospective approach with a cumulative catch-up adjustment by recalculating the net premium ratio (which will be capped at 100%) using actual historical and updated future cash flow assumptions;     •   the discount rate used to determine the liability for future policy benefits will be a current upper-medium grade (low credit risk) fixed-income instrument yield, which is generally interpreted to mean a single-A rated bond rate for the same duration, and is required to be reviewed quarterly, with changes in the discount rate recorded in other comprehensive income (loss);     •   the provision for adverse deviation and the premium deficiency test will be eliminated;   •   market risk benefits associated with deposit-type contracts will be measured at fair value with changes related to instrument-specific credit risk recorded in other comprehensive income (loss) and remaining changes recorded in net income (loss);     •   the amortization method for DAC will generally be on a straight-line basis over the expected contract term; and     •   disclosures will be greatly expanded to include significant assumptions and product liability rollforwards. We expect this guidance to be effective for us on January 1, 2023, subject to the FASB finalizing an additional one-year delay, using the modified retrospective method, with early adoption permitted. Given the nature and extent of the changes to our operations, this guidance is expected to have a significant impact on our condensed consolidated financial statements.

X

- Definition Disclosure of Accounting Changes + References No definition available. + Details Name: gnw_DisclosureOfAccountingChangesAbstract Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The entire disclosure for a new accounting pronouncement that has been issued but not yet adopted. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -URI http://asc.fasb.org/topic&trid=2122394 + Details Name: us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. + References No definition available. + Details Name: us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings (Loss) Per Share	Basic and diluted earnings (loss) per share are calculated by dividing each income (loss) category presented below by the weighted-average basic and diluted common shares outstanding for the periods indicated:     Three months ended     Six months ended       June 30,     June 30,   (Amounts in millions, except per share amounts)   2020     2019     2020     2019   Weighted-average shares used in basic earnings per share calculations      505.4       503.4        504.8       502.3   Potentially dilutive securities:           Stock options, restricted stock units and stock appreciation rights      7.1       5.3        6.3       6.4                                     Weighted-average shares used in diluted earnings per share calculations      512.5       508.7        511.1       508.7                                     Income from continuing operations:           Income from continuing operations    $ 102     $ 158      $ 30     $ 326   Less: net income from continuing operations attributable to noncontrolling interests      23       15        17       35                                     Income from continuing operations available to Genworth Financial, Inc.’s common stockholders    $ 79     $ 143      $ 13     $ 291                                     Basic per share    $ 0.16     $ 0.29      $ 0.03     $ 0.58                                     Diluted per share    $ 0.15     $ 0.28      $ 0.03     $ 0.57                                     Income (loss) from discontinued operations:           Income (loss) from discontinued operations, net of taxes    $ (520 )    $ 60      $ (520 )    $ 122   Less: net income from discontinued operations attributable to noncontrolling interests      —         35        —         71                                     Income (loss) from discontinued operations available to Genworth Financial, Inc.’s common stockholders    $ (520 )    $ 25      $ (520 )    $ 51                                     Basic per share    $ (1.03 )    $ 0.05      $ (1.03 )    $ 0.10                                     Diluted per share    $ (1.01 )    $ 0.05      $ (1.02 )    $ 0.10                                     Net income (loss):           Income from continuing operations    $ 102     $ 158      $ 30     $ 326   Income (loss) from discontinued operations, net of taxes      (520 )      60        (520 )      122                                     Net income (loss)      (418 )      218        (490 )      448   Less: net income attributable to noncontrolling interests      23       50        17       106                                     Net income (loss) available to Genworth Financial, Inc.’s common stockholders    $ (441 )    $ 168      $ (507 )    $ 342                                     Basic per share (1)    $ (0.87 )    $ 0.33      $ (1.00 )    $ 0.68                                     Diluted per share    $ (0.86 )    $ 0.33      $ (0.99 )    $ 0.67                                       (1) May not total due to whole number calculation.

X

- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details Name: us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Investments (Tables)	6 Months Ended
	Jun. 30, 2020
Net Investment Income	Sources of net investment income were as follows for the periods indicated:        Three months ended     Six months ended        June 30,     June 30,   (Amounts in millions)    2020     2019     2020     2019   Fixed maturity securities—taxable    $ 601     $ 634     $ 1,223     $ 1,247   Fixed maturity securities—non-taxable      1       2       3       4   Equity securities      2       5       4       9   Commercial mortgage loans      84       85       169       167   Policy loans      49       45       98       91   Other invested assets      66       59       113       118   Cash, cash equivalents, restricted cash and short-term investments      4       11       15       22                                    Gross investment income before expenses and fees      807       841       1,625       1,658   Expenses and fees      (21 )      (25 )      (46 )      (48 )                                   Net investment income    $ 786     $ 816     $ 1,579     $ 1,610
Net Investment Gains (Losses)	(b) Net Investment Gains (Losses) The following table sets forth net investment gains (losses) for the periods indicated:        Three months ended     Six months ended        June 30,     June 30,   (Amounts in millions)    2020     2019     2020     2019   Available-for-sale fixed maturity securities:          Realized gains    $ 119     $ 10     $ 133     $ 74   Realized losses      (5 )      (21 )      (6 )      (27 )                                   Net realized gains (losses) on available-for-sale fixed maturity securities      114       (11 )      127       47                                    Impairments:          Total other-than-temporary impairments      —         —         —         —     Portion of other-than-temporary impairments included in other comprehensive income (loss)      —         —         —         —                                      Net other-than-temporary impairments      —         —         —         —                                      Net change in allowance for credit losses on available-for-sale fixed maturity securities      (7 )      —         (7 )      —     Net realized gains (losses) on equity securities sold      —         —         —         3   Net unrealized gains (losses) on equity securities still held      9       5       (10 )      17   Limited partnerships      37       (11 )      (3 )      4   Commercial mortgage loans      1       1       1       —     Derivative instruments (1)      10       (30 )      (95 )      (42 )  Other      (5 )      —         (6 )      —                                      Net investment gains (losses)    $ 159     $ (46 )    $ 7     $ 29                                      (1)   See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).
Allowance for credit losses related to fixed maturity securities	The following table represents the allowance for credit losses aggregated by security type for available-for-sale fixed maturity investments as of and for the three and six months ended June 30, 2020:           Increase from     Increase                                           securities     (decrease)           Decrease                               without     from securities           due to change                               allowance in     with allowance           in intent or                         Beginning     previous     in previous     Securities     requirement                 Ending   (Amounts in millions)   balance     periods     periods     sold     to sell     Write-offs     Recoveries     balance   Fixed maturity securities:                 Non-U.S. corporate   $ —       $ 4     $ —       $ —       $ —       $ —       $ —       $ 4   Commercial mortgage-backed     —         3       —         —         —         —         —         3                                                                   Total available-for-sale fixed maturity securities   $ —     $ 7     $ —       $ —       $ —       $ —       $ —       $ 7
Credit Losses Recognized in Net Income (Loss)	The following represents the activity for credit losses recognized in net income (loss) on debt securities where an other-than-temporary impairment was identified and a portion of other-than-temporary impairments was included in other comprehensive income (“OCI”) as of and for the periods indicated:        Three months      Six months        ended      ended        June 30,      June 30,   (Amounts in millions)    2019      2019   Beginning balance    $ 23      $ 24   Reductions:       Securities sold, paid down or disposed      —          (1 )                    Ending balance    $ 23      $ 23
Unrealized Investment Gains and Losses	Net unrealized gains and losses on available-for-sale investment securities reflected as a separate component of accumulated other comprehensive income (loss) were as follows as of the dates indicated:   (Amounts in millions)   June 30, 2020     December 31, 2019   Net unrealized gains (losses) on fixed maturity securities without an allowance for credit losses (1)    $ 8,766     $ 6,676   Net unrealized gains (losses) on fixed maturity securities with an allowance for credit losses (1)      (10 )      —     Adjustments to deferred acquisition costs, present value of future profits, sales inducements and benefit reserves      (6,420 )      (4,789 )  Income taxes, net      (501 )      (406 )                   Net unrealized investment gains (losses)      1,835       1,481   Less: net unrealized investment gains (losses) attributable to noncontrolling interests      24       25                    Net unrealized investment gains (losses) attributable to Genworth Financial, Inc.    $ 1,811     $ 1,456                      (1)   Excludes foreign exchange.
Change in Net Unrealized Gains (Losses) on Available-for-Sale Investment Securities Reported in Accumulated Other Comprehensive Income (Loss)	The change in net unrealized gains (losses) on available-for-sale investment securities reported in accumulated other comprehensive income (loss) was as follows as of and for the periods indicated:        As of or for the        three months ended        June 30,   (Amounts in millions)    2020     2019   Beginning balance    $ 1,140     $ 943   Unrealized gains (losses) arising during the period:      Unrealized gains (losses) on fixed maturity securities      3,911       1,957   Adjustment to deferred acquisition costs      (111 )      (52 )  Adjustment to present value of future profits      5       (2 )  Adjustment to sales inducements      (34 )      (12 )  Adjustment to benefit reserves      (2,802 )      (1,412 )  Provision for income taxes      (207 )      (104 )                   Change in unrealized gains (losses) on investment securities      762       375   Reclassification adjustments to net investment (gains) losses, net of taxes of $24 and $(1)      (88 )      1                    Change in net unrealized investment gains (losses)      674       376   Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests      3       14                    Ending balance    $ 1,811     $ 1,305                         As of or for the        six months ended        June 30,   (Amounts in millions)    2020     2019   Beginning balance    $ 1,456     $ 595   Unrealized gains (losses) arising during the period:      Unrealized gains (losses) on fixed maturity securities      2,199       3,956   Adjustment to deferred acquisition costs      57       (1,041 )  Adjustment to present value of future profits      4       (55 )  Adjustment to sales inducements      2       (31 )  Adjustment to benefit reserves      (1,694 )      (1,800 )  Provision for income taxes      (120 )      (227 )                   Change in unrealized gains (losses) on investment securities      448       802   Reclassification adjustments to net investment (gains) losses, net of taxes of $25 and $12      (94 )      (46 )                   Change in net unrealized investment gains (losses)      354       756   Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests      (1 )      46                    Ending balance    $ 1,811     $ 1,305
Fixed Maturity Securities	As of June 30, 2020, the amortized cost or cost, gross unrealized gains (losses), allowance for credit losses and fair value of our fixed maturity securities classified as available-for-sale were as follows:       Amortized     Gross     Gross     Allowance             cost or     unrealized     unrealized     for credit     Fair   (Amounts in millions)   cost     gains     losses     losses     value   Fixed maturity securities:              U.S. government, agencies and government-sponsored enterprises    $ 3,877      $ 1,725      $ —       $ —       $ 5,602   State and political subdivisions      2,503        496        (1 )      —         2,998   Non-U.S. government      1,424        125        (7 )      —         1,542   U.S. corporate:                                        Utilities      4,392        879        (1 )      —         5,270   Energy      2,454        203        (63 )      —         2,594   Finance and insurance      7,400        1,017        (14 )      —         8,403   Consumer—non-cyclical      5,132        1,147        (2 )      —         6,277   Technology and communications      2,912        503        (4 )      —         3,411   Industrial      1,350        157        (4 )      —         1,503   Capital goods      2,580        454        (6 )      —         3,028   Consumer—cyclical      1,748        224        (6 )      —         1,966   Transportation      1,335        254        (24 )      —         1,565   Other      340        38        —         —         378                                              Total U.S. corporate      29,643        4,876        (124 )      —         34,395                                              Non-U.S. corporate:                                        Utilities      811        68        —         —         879   Energy      1,141        148        (14 )      —         1,275   Finance and insurance      2,199        284        (16 )      (1 )      2,466   Consumer—non-cyclical      692        86        (1 )      —         777   Technology and communications      1,066        182        (1 )      —         1,247   Industrial      883        116        (4 )      —         995   Capital goods      565        50        (2 )      —         613   Consumer—cyclical      380        27        —         —         407   Transportation      560        84        (6 )      (3 )      635   Other      1,376        218        (3 )      —         1,591                                              Total non-U.S. corporate      9,673        1,263        (47 )      (4 )      10,885                                              Residential mortgage-backed      1,927        259        (2 )      —         2,184   Commercial mortgage-backed      2,800        225        (52 )      (3 )      2,970   Other asset-backed      2,987        30        (49 )      —         2,968                                              Total available-for-sale fixed maturity securities    $ 54,834      $ 8,999      $ (282 )    $ (7 )    $ 63,544                                              As of December 31, 2019, the amortized cost or cost, gross unrealized gains (losses) and fair value of our fixed maturity securities classified as available-for-sale were as follows:               Gross unrealized gains      Gross unrealized losses              Amortized     Not other-than-     Other-than-     Not other-than-     Other-than-             cost or     temporarily     temporarily     temporarily     temporarily     Fair   (Amounts in millions)   cost     impaired     impaired     impaired     impaired     value   Fixed maturity securities:                  U.S. government, agencies and government-sponsored enterprises    $ 4,073      $ 952      $ —        $ —       $ —        $ 5,025   State and political subdivisions      2,394        355        —          (2 )      —          2,747   Non-U.S. government      1,235        117        —          (2 )      —          1,350   U.S. corporate:                  Utilities      4,322        675        —          —         —          4,997   Energy      2,404        303        —          (8 )      —          2,699   Finance and insurance      6,977        798        —          (1 )      —          7,774   Consumer—non-cyclical      4,909        796        —          (4 )      —          5,701   Technology and communications      2,883        363        —          (1 )      —          3,245   Industrial      1,271        125        —          —         —          1,396   Capital goods      2,345        367        —          (1 )      —          2,711   Consumer—cyclical      1,590        172        —          (2 )      —          1,760   Transportation      1,320        187        —          (1 )      —          1,506   Other      292        30        —          —         —          322                                                        Total U.S. corporate      28,313        3,816        —          (18 )      —          32,111                                                        Non-U.S. corporate:                  Utilities      779        50        —          —         —          829   Energy      1,140        179        —          —         —          1,319   Finance and insurance      2,087        232        —          —         —          2,319   Consumer—non-cyclical      631        55        —          (2 )      —          684   Technology and communications      1,010        128        —          —         —          1,138   Industrial      896        92        —          —         —          988   Capital goods      565        40        —          —         —          605   Consumer—cyclical      373        24        —          —         —          397   Transportation      557        73        —          (1 )      —          629   Other      1,431        188        —          (2 )      —          1,617                                                        Total non-U.S. corporate      9,469        1,061        —          (5 )      —          10,525                                                        Residential mortgage-backed      2,057        199        15        (1 )      —          2,270   Commercial mortgage-backed      2,897        137        —          (8 )      —          3,026   Other asset-backed      3,262        30        —          (7 )      —          3,285                                                        Total available-for-sale fixed maturity securities    $ 53,700      $ 6,667      $ 15      $ (43 )    $ —        $ 60,339
Gross Unrealized Losses and Fair Values of Securities in a Continuous Unrealized Loss Position	The following table presents the gross unrealized losses and fair values of our fixed maturity securities for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of June 30, 2020:       Less than 12 months     12 months or more     Total             Gross                 Gross                 Gross             Fair     unrealized     Number of     Fair     unrealized     Number of     Fair     unrealized     Number of   (Dollar amounts in millions)   value     losses     securities     value     losses     securities     value     losses     securities   Description of Securities                   Fixed maturity securities:                   State and political subdivisions   $ 23     $ (1 )      6     $ —       $ —         —       $ 23     $ (1 )      6   Non-U.S. government     207       (7 )      18       —         —         —         207       (7 )      18   U.S. corporate     1,785       (107 )      291       182       (17 )      18       1,967       (124 )      309   Non-U.S. corporate     613       (37 )      125       12       (2 )      2       625       (39 )      127   Residential mortgage-backed     36       (1 )      11       8       (1 )      4       44       (2 )      15   Commercial mortgage-backed     625       (50 )      105       —         —         —         625       (50 )      105   Other asset-backed     1,329       (38 )      291       263       (11 )      62       1,592       (49 )      353                                                                           Total for fixed maturity securities in an unrealized loss position   $ 4,618     $ (241 )      847     $ 465     $ (31 )      86     $ 5,083     $ (272 )      933                                                                           % Below cost:                   <20% Below cost   $ 4,538     $ (211 )      825     $ 442     $ (24 )      83     $ 4,980     $ (235 )      908   20%-50% Below cost     80       (30 )      22       22       (6 )      2       102       (36 )      24   >50% Below cost     —         —         —         1       (1 )      1       1       (1 )      1                                                                           Total for fixed maturity securities in an unrealized loss position   $ 4,618     $ (241 )      847     $ 465     $ (31 )      86     $ 5,083     $ (272 )      933                                                                           Investment grade   $ 3,731     $ (163 )      701     $ 330     $ (18 )      71     $ 4,061     $ (181 )      772   Below investment grade     887       (78 )      146       135       (13 )      15       1,022       (91 )      161                                                                           Total for fixed maturity securities in an unrealized loss position   $ 4,618     $ (241 )      847     $ 465     $ (31 )      86     $ 5,083     $ (272 )      933                                                                           The following table presents the gross unrealized losses and fair values of our corporate securities, for which an allowance for credit loss has not been recorded, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of June 30, 2020:       Less than 12 months     12 months or more     Total             Gross                 Gross                 Gross             Fair     unrealized     Number of     Fair     unrealized     Number of     Fair     unrealized     Number of   (Dollar amounts in millions)   value     losses     securities     value     losses     securities     value     losses     securities   Description of Securities                   U.S. corporate:                   Utilities   $ 35     $ (1 )      6     $ —       $ —         —       $ 35     $ (1 )      6   Energy     594       (50 )      93       88       (13 )      11       682       (63 )      104   Finance and insurance     429       (14 )      56       —         —         —         429       (14 )      56   Consumer—non-cyclical     80       (1 )      17       43       (1 )      2       123       (2 )      19   Technology and communications     89       (4 )      20       —         —         —         89       (4 )      20   Industrial     98       (4 )      9       —         —         —         98       (4 )      9   Capital goods     90       (5 )      14       14       (1 )      1       104       (6 )      15   Consumer—cyclical     181       (4 )      32       37       (2 )      4       218       (6 )      36   Transportation     189       (24 )      44       —         —         —         189       (24 )      44                                                                           Subtotal, U.S. corporate securities     1,785       (107 )      291       182       (17 )      18       1,967       (124 )      309                                                                           Non-U.S. corporate:                   Energy     150       (14 )      23       —         —         —         150       (14 )      23   Finance and insurance     215       (10 )      43       —         —         —         215       (10 )      43   Consumer—non-cyclical     —         —         —         6       (1 )      1       6       (1 )      1   Technology and communications     34       (1 )      16       —         —         —         34       (1 )      16   Industrial     80       (4 )      11       —         —         —         80       (4 )      11   Capital goods     62       (2 )      8       —         —         —         62       (2 )      8   Transportation     42       (4 )      15       —         —         —         42       (4 )      15   Other     30       (2 )      9       6       (1 )      1       36       (3 )      10                                                                           Subtotal, non-U.S. corporate securities     613       (37 )      125       12       (2 )      2       625       (39 )      127                                                                           Total for corporate securities in an unrealized loss position   $ 2,398     $ (144 )      416     $ 194     $ (19 )      20     $ 2,592     $ (163 )      436                                                                           The following table presents the gross unrealized losses and fair values of our fixed maturity securities, aggregated by investment type and length of time that individual fixed maturity securities have been in a continuous unrealized loss position, as of December 31, 2019:       Less than 12 months     12 months or more     Total   (Dollar amounts in millions)   Fair value     Gross unrealized losses     Number   of securities     Fair value     Gross unrealized losses     Number   of securities     Fair value     Gross unrealized losses     Number   of securities   Description of Securities                   Fixed maturity securities:                   State and political subdivisions   $ 91     $ (2 )      14     $ —       $ —         —       $ 91     $ (2 )      14   Non-U.S. government     224       (2 )      20       —         —         —         224       (2 )      20   U.S. corporate     123       (5 )      27       302       (13 )      33       425       (18 )      60   Non-U.S. corporate     79       (1 )      12       62       (4 )      7       141       (5 )      19   Residential mortgage-backed     22       (1 )      10       —         —         —         22       (1 )      10   Commercial mortgage-backed     381       (5 )      51       14       (3 )      3       395       (8 )      54   Other asset-backed     532       (2 )      97       439       (5 )      115       971       (7 )      212                                                                           Total for fixed maturity securities in an unrealized loss position   $ 1,452     $ (18 )      231     $ 817     $ (25 )      158     $ 2,269     $ (43 )      389                                                                           % Below cost:                   <20% Below cost   $ 1,452     $ (18 )      231     $ 807     $ (20 )      155     $ 2,259     $ (38 )      386   20%-50% Below cost     —         —         —         10       (5 )      3       10       (5 )      3                                                                           Total for fixed maturity securities in an unrealized loss position   $ 1,452     $ (18 )      231     $ 817     $ (25 )      158     $ 2,269     $ (43 )      389                                                                           Investment grade   $ 1,408     $ (14 )      223     $ 702     $ (15 )      145     $ 2,110     $ (29 )      368   Below investment grade     44       (4 )      8       115       (10 )      13       159       (14 )      21                                                                           Total for fixed maturity securities in an unrealized loss position   $ 1,452     $ (18 )      231     $ 817     $ (25 )      158     $ 2,269     $ (43 )      389                                                                           The following table presents the gross unrealized losses and fair values of our corporate securities, aggregated by investment type and length of time that individual investment securities have been in a continuous unrealized loss position, based on industry, as of December 31, 2019:       Less than 12 months     12 months or more     Total   (Dollar amounts in millions)   Fair value     Gross unrealized losses     Number of securities     Fair value     Gross unrealized losses     Number of securities     Fair value     Gross unrealized losses     Number of securities   Description of Securities                   U.S. corporate:                   Energy   $ 54     $ (3 )      10     $ 80     $ (5 )      10     $ 134     $ (8 )      20   Finance and insurance     —         —         —         34       (1 )      4       34       (1 )      4   Consumer—non-cyclical     34       (1 )      9       93       (3 )      9       127       (4 )      18   Technology and communications     —         —         —         18       (1 )      2       18       (1 )      2   Capital goods     35       (1 )      8       —         —         —         35       (1 )      8   Consumer—cyclical     —         —         —         54       (2 )      6       54       (2 )      6   Transportation     —         —         —         23       (1 )      2       23       (1 )      2                                                                           Subtotal, U.S. corporate securities     123       (5 )      27       302       (13 )      33       425       (18 )      60                                                                           Non-U.S. corporate:                   Consumer—non-cyclical     —         —         —         31       (2 )      3       31       (2 )      3   Transportation     —         —         —         25       (1 )      3       25       (1 )      3   Other     79       (1 )      12       6       (1 )      1       85       (2 )      13                                                                           Subtotal, non-U.S. corporate securities     79       (1 )      12       62       (4 )      7       141       (5 )      19                                                                           Total for corporate securities in an unrealized loss position   $ 202     $ (6 )      39     $ 364     $ (17 )      40     $ 566     $ (23 )      79
Maturity Distribution of Fixed Maturity Securities	Actual maturities may differ from contractual maturities because issuers of securities may have the right to call or prepay obligations with or without call or prepayment penalties. (Amounts in millions)    Amortized cost or cost      Fair value   Due one year or less    $ 1,494      $ 1,517   Due after one year through five years      9,518        10,054   Due after five years through ten years      12,978        14,478   Due after ten years      23,130        29,373                     Subtotal      47,120        55,422   Residential mortgage-backed      1,927        2,184   Commercial mortgage-backed      2,800        2,970   Other asset-backed      2,987        2,968                     Total    $ 54,834      $ 63,544
Aging of Past Due Commercial Mortgage Loans by Property Type	The following tables set forth the aging of past due commercial mortgage loans by property type as of the dates indicated:        June 30, 2020   (Amounts in millions)    31 - 60 days past due     61 - 90 days past due     Greater than 90 days past due     Total past due     Current     Total   Property type:              Retail    $ 10     $ —       $ —       $ 10     $ 2,521     $ 2,531   Industrial      —         —         —         —         1,655       1,655   Office      —         —         —         —         1,636       1,636   Apartments      —         —         —         —         583       583   Mixed use      —         —         —         —         279       279   Other      —         —         —         —         261       261                                                    Total amortized cost    $ 10     $ —       $ —       $ 10     $ 6,935     $ 6,945                                                    % of total commercial mortgage loans      —   %      —   %      —   %      —   %      100 %      100 %                                                        December 31, 2019   (Amounts in millions)    31 - 60 days past due     61 - 90 days past due     Greater than 90 days past due     Total past due     Current     Total   Property type:              Retail    $ —       $ —       $ —       $ —       $ 2,590     $ 2,590   Industrial      —         —         —         —         1,670       1,670   Office      —         —         —         —         1,632       1,632   Apartments      —         —         —         —         541       541   Mixed use      —         —         —         —         281       281   Other      —         —         —         —         266       266                                                    Total recorded investment    $ —       $ —       $ —       $ —       $ 6,980     $ 6,980                                                    % of total commercial mortgage loans      —   %      —   %      —   %      —   %      100 %      100 %
Allowance for credit losses related to commercial mortgage loans	The following table sets forth the allowance for credit losses related to commercial mortgage loans as of or for the periods indicated:        Three months ended June 30,      Six months ended June 30,   (Amounts in millions)      2020          2019          2020          2019     Allowance for credit losses:             Beginning balance    $ 29      $ 10      $ 13      $ 9   Cumulative effect of change in accounting      —          —          16        —     Provision      (1 )       1        (1 )       2   Write-offs      —          —          —          —     Recoveries      —          —          —          —                                         Ending balance    $ 28      $ 11      $ 28      $ 11
Commercial Mortgage Loans By Year of Origination and Credit Quality Indicator	The following tables set forth commercial mortgage loans by year of origination and credit quality indicator as of June 30, 2020:   (Amounts in millions)    2020      2019      2018      2017      2016      2015 and prior      Total   Debt-to-value:                      0% - 50%    $ 4      $ 15      $ 36      $ 105      $ 118      $ 2,352      $ 2,630   51% - 60%      29        33        190        289        155        809        1,505   61% - 75%      236        748        766        337        226        489        2,802   76% - 100%      —          —          8        —          —          —          8   Greater than 100%      —          —          —          —          —          —          —                                                                    Total amortized cost    $ 269      $ 796      $ 1,000      $ 731      $ 499      $ 3,650      $ 6,945                                                                  Debt service coverage ratio:                                                            Less than 1.00    $ —        $ —        $ 33      $ 3      $ —        $ 126      $ 162   1.00 - 1.25      39        12        107        73        13        256        500   1.26 - 1.50      62        359        261        97        88        450        1,317   1.51 - 2.00      130        357        505        322        268        1,278        2,860   Greater than 2.00      38        68        94        236        130        1,540        2,106                                                                  Total amortized cost    $ 269      $ 796      $ 1,000      $ 731      $ 499      $ 3,650      $ 6,945                                                                  Write-offs, gross    $ —        $ —        $ —        $ —        $ —        $ —        $ —     Recoveries      —          —          —          —          —          —          —                                                                    Write-offs, net    $ —        $ —        $ —        $ —        $ —        $ —        $ —
Debt Service Coverage Ratio
Commercial Mortgage Loans by Property Type	The following tables set forth the debt service coverage ratio for fixed rate commercial mortgage loans by property type as of the dates indicated:        June 30, 2020   (Amounts in millions)    Less than 1.00     1.00 - 1.25     1.26 - 1.50     1.51 - 2.00     Greater than 2.00     Total   Property type:              Retail    $ 63     $ 136     $ 599     $ 1,118     $ 615     $ 2,531   Industrial      24       64       215       670       682       1,655   Office      28       112       269       751       476       1,636   Apartments      11       25       178       184       185       583   Mixed use      3       18       37       106       115       279   Other      33       145       19       31       33       261                                                    Total amortized cost    $ 162     $ 500     $ 1,317     $ 2,860     $ 2,106     $ 6,945                                                    % of total      3 %      7 %      19 %      41 %      30 %      100 %                                                   Weighted-average debt-to-value      57 %      61 %      63 %      58 %      41 %      54 %                                                          December 31, 2019   (Amounts in millions)    Less than 1.00     1.00 - 1.25     1.26 - 1.50     1.51 - 2.00     Greater than 2.00     Total   Property type:              Retail    $ 68     $ 141     $ 596     $ 1,148     $ 637     $ 2,590   Industrial      24       51       221       658       716       1,670   Office      44       89       277       751       471       1,632   Apartments      16       32       129       175       189       541   Mixed use      4       16       37       107       117       281   Other      34       147       20       31       34       266                                                    Total recorded investment    $ 190     $ 476     $ 1,280     $ 2,870     $ 2,164     $ 6,980                                                    % of total      3 %      7 %      18 %      41 %      31 %      100 %                                                   Weighted-average debt-to-value      59 %      61 %      63 %      58 %      41 %      54 %
Loan To Value Ratio
Commercial Mortgage Loans by Property Type	The following tables set forth the debt-to-value of commercial mortgage loans by property type as of the dates indicated:        June 30, 2020   (Amounts in millions)    0% - 50%     51% - 60%     61% - 75%     76% - 100%     Greater than 100%     Total   Property type:              Retail    $ 963     $ 572     $ 996     $ —       $ —       $ 2,531   Industrial      758       344       553       —         —         1,655   Office      530       359       739       8       —         1,636   Apartments      218       98       267       —         —         583   Mixed use      104       67       108       —         —         279   Other      57       65       139       —         —         261                                                    Total amortized cost    $ 2,630     $ 1,505     $ 2,802     $ 8     $ —       $ 6,945                                                    % of total      38 %      22 %      40 %      —   %      —   %      100 %                                                   Weighted-average debt service coverage ratio      2.31       1.80       1.56       1.42       —         1.90                                                           December 31, 2019   (Amounts in millions)    0% - 50%     51% - 60%     61% - 75%     76% - 100%     Greater than 100%     Total   Property type:              Retail    $ 986     $ 579     $ 1,025     $ —       $ —       $ 2,590   Industrial      808       337       525       —         —         1,670   Office      529       380       723       —         —         1,632   Apartments      211       110       220       —         —         541   Mixed use      104       70       107       —         —         281   Other      56       69       141       —         —         266                                                    Total recorded investment    $ 2,694     $ 1,545     $ 2,741     $ —       $ —       $ 6,980                                                    % of total      39 %      22 %      39 %      —   %      —   %      100 %                                                   Weighted-average debt service coverage ratio      2.32       1.81       1.55       —         —         1.90
Other Geographic Area | Commercial Mortgage Loan
Distribution Across Property Type and Geographic Region for Commercial Mortgage Loans	The following tables set forth the distribution across property type and geographic region for commercial mortgage loans as of the dates indicated:      June 30, 2020     December 31, 2019   (Amounts in millions)    Carrying value      % of total     Carrying value      % of total   Property type:            Retail    $ 2,531        36 %    $ 2,590        37 %  Industrial      1,655        24       1,670        24   Office      1,636        24       1,632        23   Apartments      583        8       541        8   Mixed use      279        4       281        4   Other      261        4       266        4                                      Subtotal      6,945        100 %      6,980        100 %                         Unamortized balance of loan origination fees      —            (4 )     Allowance for credit losses      (28 )         (13 )                            Total    $ 6,917        $ 6,963                                  June 30, 2020     December 31, 2019   (Amounts in millions)    Carrying value      % of total     Carrying value      % of total   Geographic region:            South Atlantic    $ 1,751        25 %    $ 1,715        25 %  Pacific      1,623        23       1,673        24   Middle Atlantic      989        14       992        14   Mountain      765        11       753        11   West North Central      476        7       488        7   East North Central      457        7       455        6   West South Central      436        6       433        6   New England      254        4       257        4   East South Central      194        3       214        3                                      Subtotal      6,945        100 %      6,980        100 %                         Unamortized balance of loan origination fees      —            (4 )     Allowance for credit losses      (28 )         (13 )                            Total    $ 6,917        $ 6,963

X

- Definition Tabular disclosure of the change in net unrealized holding gain or loss on available-for-sale securities that has been included in accumulated other comprehensive income, a separate component of shareholders' equity, during the period. + References No definition available. + Details Name: gnw_ChangeInNetUnrealizedGainsAndLossesFromInvestmentSecuritiesTableTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Disclosure of commercial mortgage loans by year of origination and credit quality indicator. + References No definition available. + Details Name: gnw_DisclosureOfCommercialMortgageLoansByYearOfOriginationAndCreditQualityIndicatorTableTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details Name: us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of allowance for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLossTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953659-111524 + Details Name: us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References No definition available. + Details Name: us-gaap_GainLossOnInvestmentsTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of investment income, including, but not limited to, interest and dividend income and amortization of discount (premium) derived from debt and equity securities. Excludes realized and unrealized gain (loss) on investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.9) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.2) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(a),(b)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_InvestmentIncomeTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details Name: us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27340-111563 + Details Name: us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5111-111524 + Details Name: us-gaap_PastDueFinancingReceivablesTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details Name: us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_DebtServiceCoverageRatioMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_LoanToValueRatioMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_GeographicDistributionAxis=gnw_OtherGeographicAreaMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=us-gaap_CommercialLoanMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Schedule Of Positions in Derivative Instruments	The following table sets forth our positions in derivative instruments as of the dates indicated:       Derivative assets     Derivative liabilities             Fair value           Fair value   (Amounts in millions)   Balance sheet   classification     June 30, 2020     December 31, 2019     Balance sheet   classification     June 30, 2020     December 31, 2019   Derivatives designated as hedges             Cash flow hedges:             Interest rate swaps     Other invested assets     $ 939     $ 197       Other liabilities     $ —       $ 10   Foreign currency swaps     Other invested assets       17       4       Other liabilities       —         —                                         Total cash flow hedges       956       201         —         10                                       Total derivatives designated as hedges       956       201         —         10                                       Derivatives not designated as hedges             Equity index options     Other invested assets       66       81       Other liabilities       —         —     Financial futures     Other invested assets       —         —         Other liabilities       —         —     Other foreign currency contracts     Other invested assets       2       8       Other liabilities       1       1   GMWB embedded derivatives     Reinsurance   recoverable (1)         38       20       Policyholder account balances   (2)         559       323   Fixed index annuity embedded derivatives     Other assets       —         —         Policyholder account balances   (3)         447       452   Indexed universal life embedded derivatives     Reinsurance   recoverable         —         —         Policyholder account balances   (4)         23       19                                       Total derivatives not designated as hedges       106       109         1,030       795                                       Total derivatives     $ 1,062     $ 310       $ 1,030     $ 805                                         (1)   Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities. (2)   Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. (3)   Represents the embedded derivatives associated with our fixed index annuity liabilities. (4)   Represents the embedded derivatives associated with our indexed universal life liabilities.
Schedule of Notional Amounts Outstanding on Derivative Instruments	The following tables represent activity associated with derivative instruments as of the dates indicated:   (Notional in millions)    Measurement    December 31, 2019      Additions      Maturities/ terminations     June 30, 2020   Derivatives designated as hedges               Cash flow hedges:               Interest rate swaps    Notional    $ 8,968      $ 1,158      $ (1,880 )    $ 8,246   Foreign currency swaps    Notional      110        —          —         110                                         Total cash flow hedges         9,078        1,158        (1,880 )      8,356                                         Total derivatives designated as hedges         9,078        1,158        (1,880 )      8,356                                         Derivatives not designated as hedges                                   Interest rate swaps    Notional      4,674        —          —         4,674   Equity index options    Notional      2,451        883        (1,126 )      2,208   Financial futures    Notional      1,182        3,082        (2,914 )      1,350   Other foreign currency contracts    Notional      628        3,009        (2,618 )      1,019                                         Total derivatives not designated as hedges         8,935        6,974        (6,658 )      9,251                                         Total derivatives       $ 18,013      $ 8,132      $ (8,538 )    $ 17,607                                         (Number of policies)    Measurement    December 31, 2019      Additions      Maturities/ terminations     June 30, 2020   Derivatives not designated as hedges               GMWB embedded derivatives    Policies      25,623        —          (992 )      24,631   Fixed index annuity embedded derivatives    Policies      15,441        —          (668 )      14,773   Indexed universal life embedded derivatives    Policies      884        —          (28 )      856
Schedule of Pre-Tax Income (Loss) Effects of Cash Flow Hedges	The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the three months ended June 30, 2020:   (Amounts in millions)   Gain (loss) recognized in OCI     Gain (loss) reclassified into net income (loss) from OCI     Classification of gain (loss) reclassified into net income (loss)   Gain (loss) recognized in net income (loss)     Classification of gain (loss) recognized in net income (loss) Interest rate swaps hedging assets   $ (57 )    $ 46     Net investment income   $ —       Net investment gains (losses) Interest rate swaps hedging liabilities     1       —       Interest expense     —       Net investment gains (losses) Foreign currency swaps     (4 )      —       Net investment income     —       Net investment gains (losses)                             Total   $ (60 )    $ 46       $ —                                   The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the three months ended June 30, 2019:   (Amounts in millions)   Gain (loss) recognized in OCI     Gain (loss) reclassified into net income (loss) from OCI     Classification of gain (loss) reclassified into net income (loss)   Gain (loss) recognized in net income (loss)   Classification of gain (loss) recognized in net income (loss) Interest rate swaps hedging assets   $ 216     $ 42     Net investment income   $ —     Net investment gains (losses) Interest rate swaps hedging assets     —         (4 )    Net investment gains (losses)     —     Net investment gains (losses) Interest rate swaps hedging liabilities     (20 )      —       Interest expense     —     Net investment gains (losses) Foreign currency swaps     2       (1 )    Net investment income     —     Net investment gains (losses)                           Total   $ 198     $ 37       $ —                               The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the six months ended June 30, 2020:   (Amounts in millions)   Gain (loss) recognized in OCI     Gain (loss) reclassified into net income (loss) from OCI     Classification of gain (loss) reclassified into net income (loss)   Gain (loss) recognized in net income (loss)   Classification of gain (loss) recognized in net income (loss) Interest rate swaps hedging assets   $ 984     $ 89     Net investment income   $ —     Net investment gains (losses) Interest rate swaps hedging assets     —         4     Net investment gains (losses)     —     Net investment gains (losses) Interest rate swaps hedging liabilities     (62 )      —       Interest expense     —     Net investment gains (losses) Foreign currency swaps     13       —       Net investment income     —     Net investment gains (losses)                           Total   $ 935     $ 93       $ —                                 The following table provides information about the pre-tax income (loss) effects of cash flow hedges for the six months ended June 30, 2019:   (Amounts in millions)   Gain (loss) recognized in OCI     Gain (loss) reclassified into net income (loss) from OCI     Classification of gain (loss) reclassified into net income (loss)   Gain (loss) recognized in net income (loss)     Classification of gain (loss) recognized in net income (loss) Interest rate swaps hedging assets   $ 353     $ 80     Net investment income   $ —       Net investment gains (losses) Interest rate swaps hedging assets     —         2     Net investment gains (losses)     —       Net investment gains (losses) Interest rate swaps hedging liabilities     (32 )      —       Interest expense     —       Net investment gains (losses) Foreign currency swaps     (1 )      (1 )    Net investment income     —       Net investment gains (losses) Foreign currency swaps     —         —       Net investment gains (losses)     2     Net investment gains (losses)                             Total   $ 320     $ 81       $ 2
Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedge	The following tables provide a reconciliation of current period changes, net of applicable income taxes, for these designated derivatives presented in the separate component of stockholders’ equity labeled “derivatives qualifying as hedges,” for the periods indicated:        Three months ended June 30,   (Amounts in millions)        2020             2019       Derivatives qualifying as effective accounting hedges as of April 1    $ 2,755     $ 1,850   Current period increases (decreases) in fair value, net of deferred taxes of $12 and $(41)      (48 )      157   Reclassification to net (income), net of deferred taxes of $16 and $13      (30 )      (24 )                   Derivatives qualifying as effective accounting hedges as of June 30    $ 2,677     $ 1,983                           Six months ended June 30,   (Amounts in millions)        2020             2019       Derivatives qualifying as effective accounting hedges as of January 1    $ 2,002     $ 1,781   Current period increases (decreases) in fair value, net of deferred taxes of $(200) and $(66)      735       254   Reclassification to net (income), net of deferred taxes of $33 and $29      (60 )      (52 )                   Derivatives qualifying as effective accounting hedges as of June 30    $ 2,677     $ 1,983
Schedule of Pre-Tax Gain (Loss) Recognized in Net Income (loss) for Effects of Derivatives Not Designated as Hedges	The following table provides the pre-tax gain (loss) recognized in net income (loss) for the effects of derivatives not designated as hedges for the periods indicated:     Three months ended June 30,     Classification of gain (loss) recognized in net income (loss) (Amounts in millions)   2020      2019   Interest rate swaps   $ (2 )    $ (3 )    Net investment gains (losses) Equity index options     4       10     Net investment gains (losses) Financial futures     (123 )      17     Net investment gains (losses) Other foreign currency contracts     44       (7 )    Net investment gains (losses) GMWB embedded derivatives     129       (22 )    Net investment gains (losses) Fixed index annuity embedded derivatives     (45 )      (20 )    Net investment gains (losses) Indexed universal life embedded derivatives     3       (1 )    Net investment gains (losses)                   Total derivatives not designated as hedges   $ 10     $ (26 )                            Six months ended June 30,     Classification of gain (loss) recognized in net income (loss) (Amounts in millions)   2020     2019   Interest rate swaps   $ (12 )    $ (4 )    Net investment gains (losses) Equity index options     (9 )      27     Net investment gains (losses) Financial futures     138       (27 )    Net investment gains (losses) Other foreign currency contracts     (3 )      (7 )    Net investment gains (losses) GMWB embedded derivatives     (207 )      23     Net investment gains (losses) Fixed index annuity embedded derivatives     (13 )      (58 )    Net investment gains (losses) Indexed universal life embedded derivatives     7       —       Net investment gains (losses)                   Total derivatives not designated as hedges   $ (99 )    $ (46 )
Derivative Assets and Liabilities Subject to Master Netting Arrangement	The following table presents additional information about derivative assets and liabilities subject to an enforceable master netting arrangement as of the dates indicated:       June 30, 2020     December 31, 2019   (Amounts in millions)   Derivative assets  (1)     Derivative liabilities  (2)     Net derivatives     Derivative assets  (1)     Derivative liabilities  (2)     Net derivatives   Amounts presented in the balance sheet:             Gross amounts recognized   $ 1,024     $ 1     $ 1,023     $ 291     $ 11     $ 280   Gross amounts offset in the balance sheet     —         —         —         —         —         —                                                     Net amounts presented in the balance sheet     1,024       1       1,023       291       11       280   Gross amounts not offset in the balance sheet:             Financial instruments  (3)     (1 )      (1 )      —         (7 )      (7 )      —     Collateral received     (864 )      —         (864 )      (179 )      —         (179 )  Collateral pledged     —         (434 )      434       —         (405 )      405   Over collateralization     19       433       (414 )      18       401       (383 )                                                  Net amount   $ 178     $ (1 )    $ 179     $ 123     $ —       $ 123                                                     (1)   Included $1 million of accruals on derivatives classified as other assets as of December 31, 2019 and does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019. (2)   Does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019. (3)   Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty.

X

- Definition Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details Name: us-gaap_ScheduleOfCashFlowHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details Name: us-gaap_ScheduleOfDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 + Details Name: us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579240-113959 + Details Name: us-gaap_ScheduleOfDerivativeInstrumentsTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 + Details Name: us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4CC -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL109998890-113959 + Details Name: us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Summary of Significant Inputs Used by Third-Party Pricing Services for Certain Fair Value Measurements of Fixed Maturity Securities that Classified as Level 2	The following table presents a summary of the significant inputs used by our third-party pricing services for certain fair value measurements of fixed maturity securities that are classified as Level 2 as of June 30, 2020:   (Amounts in millions)   Fair value     Primary methodologies   Significant inputs U.S. government, agencies and government-sponsored enterprises   $ 5,602     Price quotes from trading desk, broker feeds   Bid side prices, trade prices, Option Adjusted Spread (“OAS”) to swap curve, Bond Market Association OAS, Treasury Curve, Agency Bullet Curve, maturity to issuer spread State and political subdivisions   $ 2,935     Multi-dimensional attribute-based modeling systems, third-party pricing vendors   Trade prices, material event notices, Municipal Market Data benchmark yields, broker quotes Non-U.S. government   $ 1,527     Matrix pricing, spread priced to benchmark curves, price quotes from market makers   Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources U.S. corporate   $ 30,874     Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, OAS-based models   Bid side prices to Treasury Curve, Issuer Curve, which includes sector, quality, duration, OAS percentage and change for spread matrix, trade prices, comparative transactions, Trade Reporting and Compliance Engine (“TRACE”) reports Non-U.S. corporate   $ 8,589     Multi-dimensional attribute-based modeling systems, OAS-based models, price quotes from market makers   Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources Residential mortgage-backed   $ 2,160     OAS-based models, single factor binomial models, internally priced   Prepayment and default assumptions, aggregation of bonds with similar characteristics, including collateral type, vintage, tranche type, weighted-average life, weighted-average loan age, issuer program and delinquency ratio, pay up and pay down factors, TRACE reports Commercial mortgage-backed   $           2,949     Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model   Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports Other asset-backed   $ 2,847     Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers   Spreads to daily updated swaps curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports
Assets by Class of Instrument that are Measured at Fair Value on Recurring Basis	The following tables set forth our assets by class of instrument that are measured at fair value on a recurring basis as of the dates indicated:        June 30, 2020   (Amounts in millions)    Total      Level 1      Level 2      Level 3      NAV  (1)   Assets                Investments:                Fixed maturity securities:                U.S. government, agencies and government-sponsored enterprises    $ 5,602      $ —        $ 5,602      $ —        $ —     State and political subdivisions      2,998        —          2,935        63        —     Non-U.S. government      1,542        —          1,542        —          —     U.S. corporate:                Utilities      5,270        —          4,334        936        —     Energy      2,594        —          2,471        123        —     Finance and insurance      8,403        —          7,852        551        —     Consumer—non-cyclical      6,277        —          6,174        103        —     Technology and communications      3,411        —          3,345        66        —     Industrial      1,503        —          1,464        39        —     Capital goods      3,028        —          2,931        97        —     Consumer—cyclical      1,966        —          1,768        198        —     Transportation      1,565        —          1,511        54        —     Other      378        —          213        165        —                                                  Total U.S. corporate      34,395        —          32,063        2,332        —                                                  Non-U.S. corporate:                Utilities      879        —          522        357        —     Energy      1,275        —          1,038        237        —     Finance and insurance      2,466        —          2,155        311        —     Consumer—non-cyclical      777        —          723        54        —     Technology and communications      1,247        —          1,219        28        —     Industrial      995        —          903        92        —     Capital goods      613        —          440        173        —     Consumer—cyclical      407        —          251        156        —     Transportation      635        —          494        141        —     Other      1,591        —          1,446        145        —                                                  Total non-U.S. corporate      10,885        —          9,191        1,694        —                                                  Residential mortgage-backed      2,184        —          2,160        24        —     Commercial mortgage-backed      2,970        —          2,949        21        —     Other asset-backed      2,968        —          2,847        121        —                                                  Total fixed maturity securities      63,544        —          59,289        4,255        —                                                  Equity securities      206        45        108        53        —                                                  Other invested assets:                Derivative assets:                Interest rate swaps      939        —          939        —          —     Foreign currency swaps      17        —          17        —          —     Equity index options      66        —          —          66        —     Other foreign currency contracts      2        —          2        —          —                                                  Total derivative assets      1,024        —          958        66        —                                                  Securities lending collateral      59        —          59        —          —     Short-term investments      190        —          190        —          —     Limited partnerships      598        —          —          —          598                                                Total other invested assets      1,871        —          1,207        66        598                                                Reinsurance recoverable (2)      38        —          —          38        —     Separate account assets      5,536        5,536        —          —          —                                                  Total assets    $ 71,195      $ 5,581      $ 60,604      $ 4,412      $ 598                                                  (1) Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.        December 31, 2019   (Amounts in millions)    Total      Level 1      Level 2      Level 3      NAV  (1)   Assets                Investments:                Fixed maturity securities:                U.S. government, agencies and government-sponsored enterprises    $ 5,025      $ —        $ 5,025      $ —        $ —     State and political subdivisions      2,747        —          2,645        102        —     Non-U.S. government      1,350        —          1,350        —          —     U.S. corporate:                Utilities      4,997        —          4,132        865        —     Energy      2,699        —          2,570        129        —     Finance and insurance      7,774        —          7,202        572        —     Consumer—non-cyclical      5,701        —          5,607        94        —     Technology and communications      3,245        —          3,195        50        —     Industrial      1,396        —          1,356        40        —     Capital goods      2,711        —          2,609        102        —     Consumer—cyclical      1,760        —          1,587        173        —     Transportation      1,506        —          1,428        78        —     Other      322        —          186        136        —                                                  Total U.S. corporate      32,111        —          29,872        2,239        —                                                  Non-U.S. corporate:                Utilities      829        —          455        374        —     Energy      1,319        —          1,072        247        —     Finance and insurance      2,319        —          2,085        234        —     Consumer—non-cyclical      684        —          625        59        —     Technology and communications      1,138        —          1,110        28        —     Industrial      988        —          884        104        —     Capital goods      605        —          444        161        —     Consumer—cyclical      397        —          250        147        —     Transportation      629        —          438        191        —     Other      1,617        —          1,477        140        —                                                  Total non-U.S. corporate      10,525        —          8,840        1,685        —                                                  Residential mortgage-backed      2,270        —          2,243        27        —     Commercial mortgage-backed      3,026        —          3,020        6        —     Other asset-backed      3,285        —          3,153        132        —                                                  Total fixed maturity securities      60,339        —          56,148        4,191        —                                                  Equity securities      239        62        126        51        —                                                  Other invested assets:                Derivative assets:                Interest rate swaps      197        —          197        —          —     Foreign currency swaps      4        —          4        —          —     Equity index options      81        —          —          81        —     Other foreign currency contracts      8        —          8        —          —                                                  Total derivative assets      290        —          209        81        —                                                  Securities lending collateral      51        —          51        —          —     Short-term investments      211        —          211        —          —     Limited partnerships      503        —          —          —          503                                                Total other invested assets      1,055        —          471        81        503                                                Reinsurance recoverable (2)      20        —          —          20        —     Separate account assets      6,108        6,108        —          —          —                                                  Total assets    $ 67,761      $ 6,170      $ 56,745      $ 4,343      $ 503                                                  (1) Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.
Assets Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value	The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:       Beginning balance as of April 1, 2020     Total realized and unrealized gains (losses)                                         Ending balance as of June 30, 2020     Total gains (losses) attributable to assets still held   (Amounts in millions)   Included   in net   income (loss)     Included in OCI     Purchases     Sales     Issuances     Settlements     Transfer into Level 3  (1)     Transfer out of Level 3  (1)     Included in net income   (loss)     Included in OCI   Fixed maturity securities:                         State and political subdivisions   $ 83     $ —       $ 7     $ —       $ —       $ —       $ —       $ —       $ (27 )    $ 63     $ 1     $ 6   Non-U.S. government     1       —         —         —         —         —         (1 )      —         —         —         —         —     U.S. corporate:                         Utilities     843       —         37       32       —         —         (2 )      26       —         936       —         37   Energy     124       1       13       —         —         —         (2 )      —         (13 )      123       —         9   Finance and insurance     510       —         33       21       —         —         (12 )      —         (1 )      551       —         33   Consumer—non-cyclical     88       —         8       8       —         —         (1 )      —         —         103       —         8   Technology and communications     61       —         5       —         —         —         —         —         —         66       —         5   Industrial     37       —         2       —         —         —         —         —         —         39       —         2   Capital goods     90       —         7       —         —         —         —         —         —         97       —         7   Consumer—cyclical     179       —         11       —         —         —         (1 )      9       —         198       —         11   Transportation     43       —         2       —         —         —         (1 )      10       —         54       —         2   Other     138       —         2       —         —         —         (2 )      27       —         165       —         2                                                                                                   Total U.S. corporate     2,113       1       120       61       —         —         (21 )      72       (14 )      2,332       —         116                                                                                                   Non-U.S. corporate:                         Utilities     355       —         23       1       —         —         —         —         (22 )      357       —         23   Energy     236       —         22       —         —         —         (26 )      5       —         237       —         22   Finance and insurance     223       1       50       —         —         —         —         37       —         311       1       49   Consumer—non-cyclical     58       —         5       —         —         —         —         —         (9 )      54       —         4   Technology and communications     27       —         1       —         —         —         —         —         —         28       —         1   Industrial     92       —         8       —         —         —         —         —         (8 )      92       —         7   Capital goods     135       —         9       —         —         —         —         29       —         173       —         9   Consumer—cyclical     164       —         12       —         —         —         (3 )      —         (17 )      156       —         11   Transportation     108       —         11       —         —         —         —         22       —         141       —         11   Other     131       —         9       5       —         —         —         —         —         145       —         9                                                                                                   Total non-U.S. corporate     1,529       1       150       6       —         —         (29 )      93       (56 )      1,694       1       146                                                                                                   Residential mortgage-backed     24       —         1       —         —         —         (1 )      3       (3 )      24       —         —     Commercial mortgage-backed     —         —         1       —         —         —         —         20       —         21       —         1   Other asset-backed     118       —         2       6       —         —         (5 )      —         —         121       —         3                                                                                                   Total fixed maturity securities     3,868       2       281       73       —         —         (57 )      188       (100 )      4,255       2       272                                                                                                   Equity securities     50       —         —         6       (3 )      —         —         —         —         53       —         —                                                                                                     Other invested assets:                         Derivative assets:                         Equity index options     62       4       —         7       —         —         (7 )      —         —         66       8       —                                                                                                     Total derivative assets     62       4       —         7       —         —         (7 )      —         —         66       8       —                                                                                                     Total other invested assets     62       4       —         7       —         —         (7 )      —         —         66       8       —                                                                                                     Reinsurance recoverable  (2)     47       (9 )      —         —         —         —         —         —         —         38       (9 )      —                                                                                                     Total Level 3 assets   $ 4,027     $ (3 )    $ 281     $ 86     $ (3 )    $ —       $ (64 )    $ 188     $ (100 )    $ 4,412     $ 1     $ 272                                                                                                     (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.     Beginning balance as of April 1, 2019     Total realized and unrealized gains (losses)     Purchases     Sales     Issuances     Settlements     Transfer into Level 3  (1)     Transfer out of Level 3  (1)     Ending balance as of June 30, 2019     Total gains (losses) included in net income (loss) attributable to assets still held   (Amounts in millions)   Included   in net   income (loss)     Included in OCI   Fixed maturity securities:                       State and political subdivisions   $ 52     $ 1     $ 8     $ —       $ —       $ —       $ —       $ —       $ —       $ 61     $ —     U.S. corporate:                             Utilities     748       —         20       82       (13 )      —         (38 )      —         (10 )      789       —     Energy     115       —         3       5       —         —         (1 )      —         —         122       —     Finance and insurance     590       —         15       10       —         —         (8 )      —         —         607       —     Consumer—non-cyclical     74       —         1       14       —         —         —         —         —         89       —     Technology and communications     52       —         3       —         —         —         —         —         (11 )      44       —     Industrial     40       —         —         —         —         —         —         —         —         40       —     Capital goods     95       —         3       —         —         —         —         —         —         98       —     Consumer—cyclical     195       —         3       —         —         —         (13 )      —         —         185       —     Transportation     54       —         —         —         —         —         —         —         —         54       —     Other     199       —         3       —         —         —         (3 )      —         —         199       —                                                                                             Total U.S. corporate     2,162       —         51       111       (13 )      —         (63 )      —         (21 )      2,227       —                                                                                             Non-U.S. corporate:                           Utilities     435       —         7       —         (7 )      —         (17 )      —         (1 )      417       —     Energy     221       —         5       15       —         —         —         —         —         241       —     Finance and insurance     182       1       7       2       —         —         (13 )      —         —         179       1   Consumer—non-cyclical     67       —         1       —         —         —         —         —         —         68       —     Technology and communications     27       —         —         —         —         —         —         —         —         27       —     Industrial     63       —         1       —         —         —         —         —         —         64       —     Capital goods     173       —         3       5       —         —         —         —         —         181       —     Consumer—cyclical     125       —         2       —         —         —         (1 )      —         —         126       —     Transportation     192       —         3       4       —         —         —         —         —         199       —     Other     90       —         4       35       —         —         —         —         —         129       —                                                                                             Total non-U.S. corporate     1,575       1       33       61       (7 )      —         (31 )      —         (1 )      1,631       1                                                                                           Residential mortgage-backed     35       —         1       —         —         —         —         —         —         36       —     Commercial mortgage-backed     98       —         7       1       —         —         —         —         (14 )      92       —     Other asset-backed     197       —         1       42       —         —         (29 )      27       (4 )      234       —                                                                                             Total fixed maturity securities     4,119       2       101       215       (20 )      —         (123 )      27       (40 )      4,281       1                                                                                           Equity securities     55       —         —         2       (1 )      —         —         —         —         56       —                                                                                             Other invested assets:                           Derivative assets:                           Equity index options     60       10       —         9       —         —         (14 )      —         —         65       7                                                                                           Total derivative assets     60       10       —         9       —         —         (14 )      —         —         65       7                                                                                           Total other invested assets     60       10       —         9       —         —         (14 )      —         —         65       7                                                                                           Reinsurance recoverable  (2)     18       2       —         —         —         —         —         —         —         20       2                                                                                           Total Level 3 assets   $ 4,252     $ 14     $ 101     $ 226     $ (21 )    $ —       $ (137 )    $ 27     $ (40 )    $ 4,422     $ 10                                                                                             (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. The following tables present additional information about assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:       Beginning balance as of January 1, 2020     Total realized and unrealized gains (losses)                                         Ending balance as of June 30, 2020     Total gains (losses) attributable to assets still held   (Amounts in millions)   Included in net income (loss)     Included in OCI     Purchases     Sales     Issuances     Settlements     Transfer into Level 3  (1)     Transfer out of Level 3  (1)     Included in net income (loss)     Included in OCI   Fixed maturity securities:                         State and political subdivisions   $ 102     $ 1     $ (12 )    $ —       $ —       $ —       $ (1 )    $ —       $ (27 )    $ 63     $ 2     $ (13 )  Non-U.S. government     —         —         —         —         —         —         (1 )      1       —         —         —         —     U.S. corporate:                                                                                             Utilities     865       —         12       32       —         —         (2 )      42       (13 )      936       —         14   Energy     129       1       (2 )      10       (21 )      —         (3 )      22       (13 )      123       —         (5 )  Finance and insurance     572       2       2       21       —         —         (24 )      —         (22 )      551       —         5   Consumer—non-cyclical     94       —         2       8       —         —         (1 )      —         —         103       —         2   Technology and communications     50       —         1       20       —         —         —         —         (5 )      66       —         2   Industrial     40       —         (1 )      —         —         —         —         —         —         39       —         (1 )  Capital goods     102       —         (1 )      —         —         —         (4 )      —         —         97       —         (1 )  Consumer—cyclical     173       —         4       —         —         —         (3 )      24       —         198       —         4   Transportation     78       —         (2 )      —         —         —         (2 )      10       (30 )      54       —         1   Other     136       —         1       5       —         —         (4 )      27       —         165       —         1                                                                                                   Total U.S. corporate     2,239       3       16       96       (21 )      —         (43 )      125       (83 )      2,332       —         22                                                                                                   Non-U.S. corporate:                                                                                             Utilities     374       —         3       12       —         —         —         21       (53 )      357       —         3   Energy     247       —         (8 )      —         —         —         (26 )      24       —         237       —         (8 )  Finance and insurance     234       2       9       15       —         —         —         58       (7 )      311       2       10   Consumer—non-cyclical     59       —         2       8       —         —         —         1       (16 )      54       —         1   Technology and communications     28       —         —         —         —         —         —         —         —         28       —         —     Industrial     104       —         1       —         —         —         (5 )      —         (8 )      92       —         —     Capital goods     161       1       (2 )      —         —         —         (16 )      29       —         173       —         (1 )  Consumer—cyclical     147       —         (3 )      4       —         —         (7 )      32       (17 )      156       —         (5 )  Transportation     191       —         2       —         —         —         —         22       (74 )      141       —         6   Other     140       —         —         5       —         —         (1 )      1       —         145       —         —                                                                                                     Total non-U.S. corporate     1,685       3       4       44       —         —         (55 )      188       (175 )      1,694       2       6                                                                                                   Residential mortgage-backed     27       —         —         —         —         —         (1 )      4       (6 )      24       —         —     Commercial mortgage-backed     6       —         2       —         —         —         —         20       (7 )      21       —         1   Other asset-backed     132       —         (2 )      15       —         —         (22 )      —         (2 )      121       —         (2 )                                                                                                  Total fixed maturity securities     4,191       7       8       155       (21 )      —         (123 )      338       (300 )      4,255       4       14                                                                                                   Equity securities     51       —         —         6       (4 )      —         —         —         —         53       —         —                                                                                                     Other invested assets:                                                                                             Derivative assets:                                                                                             Equity index options     81       (9 )      —         18       —         —         (24 )      —         —         66       5       —                                                                                                     Total derivative assets     81       (9 )      —         18       —         —         (24 )      —         —         66       5       —                                                                                                     Total other invested assets     81       (9 )      —         18       —         —         (24 )      —         —         66       5       —                                                                                                     Reinsurance recoverable  (2)     20       17       —         —         —         1       —         —         —         38       17       —                                                                                                     Total Level 3 assets   $ 4,343     $ 15     $ 8     $ 179     $ (25 )    $ 1     $ (147 )    $ 338     $ (300 )    $ 4,412     $ 26     $ 14                                                                                                     (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.       Beginning balance as of January 1, 2019     Total realized and unrealized gains (losses)     Purchases     Sales     Issuances     Settlements     Transfer into Level 3  (1)     Transfer out of Level 3  (1)     Ending balance as of June 30, 2019     Total gains (losses) included in net income (loss) attributable to assets still held   (Amounts in millions)   Included   in net   income (loss)     Included in OCI   Fixed maturity securities:                       State and political subdivisions   $ 51     $ 2     $ 8     $ —       $ —       $ —       $ —       $ —       $ —       $ 61     $ 1   U.S. corporate:                                                                                     Utilities     643       —         42       96       (14 )      —         (40 )      72       (10 )      789       —     Energy     121       —         7       5       —         —         (11 )      —         —         122       —     Finance and insurance     534       —         38       40       —         —         (12 )      7       —         607       —     Consumer—non-cyclical     73       —         3       14       —         —         (10 )      9       —         89       —     Technology and communications     50       —         5       —         —         —         —         —         (11 )      44       —     Industrial     39       —         1       —         —         —         —         —         —         40       —     Capital goods     92       —         6       —         —         —         —         —         —         98       —     Consumer—cyclical     211       —         10       —         (13 )      —         (14 )      —         (9 )      185       —     Transportation     57       —         1       4       —         —         (8 )      —         —         54       —     Other     178       —         6       22       —         —         (15 )      8       —         199       —                                                                                             Total U.S. corporate     1,998       —         119       181       (27 )      —         (110 )      96       (30 )      2,227       —                                                                                             Non-U.S. corporate:                                                                                     Utilities     404       —         23       30       (7 )      —         (17 )      —         (16 )      417       —     Energy     217       —         12       16       —         —         (4 )      —         —         241       —     Finance and insurance     171       2       18       7       —         —         (13 )      —         (6 )      179       2   Consumer—non-cyclical     106       2       4       —         —         —         (44 )      —         —         68       —     Technology and communications     26       —         1       —         —         —         —         —         —         27       —     Industrial     61       —         3       —         —         —         —         —         —         64       —     Capital goods     173       —         9       10       —         —         (11 )      —         —         181       —     Consumer—cyclical     122       —         8       —         —         —         (4 )      —         —         126       —     Transportation     171       —         9       19       —         —         —         —         —         199       —     Other     81       —         8       35       —         —         (1 )      6       —         129       —                                                                                             Total n on-U.S. corporate     1,532       4       95       117       (7 )      —         (94 )      6       (22 )      1,631       2                                                                                           Residential mortgage-backed     35       —         1       —         —         —         —         —         —         36       —     Commercial mortgage-backed     95       —         9       2       —         —         —         —         (14 )      92       —     Other asset-backed     154       —         2       96       —         —         (42 )      28       (4 )      234       —                                                                                             Total fixed maturity securities     3,865       6       234       396       (34 )      —         (246 )      130       (70 )      4,281       3                                                                                           Equity securities     58       —         —         2       (4 )      —         —         —         —         56       —                                                                                             Other invested assets:                                                                                     Derivative assets:                                                                                     Equity index options     39       27       —         21       —         —         (22 )      —         —         65       11                                                                                           Total derivative assets     39       27       —         21       —         —         (22 )      —         —         65       11                                                                                           Total other invested assets     39       27       —         21       —         —         (22 )      —         —         65       11                                                                                           Reinsurance recoverable  (2)     20       (1 )      —         —         —         1       —         —         —         20       (1 )                                                                                          Total Level 3 assets   $ 3,982     $ 32     $ 234     $ 419     $ (38 )    $ 1     $ (268 )    $ 130     $ (70 )    $ 4,422     $ 13                                                                                             (1) The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. (2) Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.
Gains and Losses Included in Net Income (Loss) from Assets Measured at Fair Value	The following table presents the gains and losses included in net income (loss) from assets measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated:        Three months ended June 30,      Six months ended June 30,   (Amounts in millions)    2020     2019      2020       2019   Total realized and unrealized gains (losses) included in net income (loss):            Net investment income    $ 2     $ 2      $ 6      $ 6   Net investment gains (losses)      (5 )      12        9        26                                      Total    $ (3 )    $ 14      $ 15      $ 32                                      Total gains (losses) included in net income (loss) attributable to assets still held:            Net investment income    $ 2     $ 1      $ 4      $ 3   Net investment gains (losses)      (1 )      9        22        10                                      Total    $ 1     $ 10      $ 26      $ 13
Summary of Significant Unobservable Inputs Used for Certain Asset Fair Value Measurements	The following table presents a summary of the significant unobservable inputs used for certain asset fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2020:   (Amounts in millions)   Valuation technique     Fair value     Unobservable input     Range     Weighted-average  (1)   Fixed maturity securities:           U.S. corporate:           Utilities     Internal models     $ 826       Credit spreads       71bps - 427bps       194bps   Energy     Internal models       8       Credit spreads       108bps       N/A   Finance and insurance     Internal models       497       Credit spreads       73bps - 380bps       206bps   Consumer—non-cyclical     Internal models       102       Credit spreads       83bps - 395bps       202bps   Technology and communications     Internal models       66       Credit spreads       212bps - 395bps       271bps   Industrial     Internal models       39       Credit spreads       199bps - 483bps       293bps   Capital goods     Internal models       97       Credit spreads       120bps - 294bps       214bps   Consumer—cyclical     Internal models       161       Credit spreads       131bps - 307bps       208bps   Transportation     Internal models       44       Credit spreads       76bps - 199bps       144bps   Other     Internal models       165       Credit spreads       99bps - 213bps       122bps                   Total U.S. corporate     Internal models     $ 2,005       Credit spreads       71bps - 483bps       197bps                   Non-U.S. corporate:           Utilities     Internal models     $ 357       Credit spreads       97bps - 286bps       176bps   Energy     Internal models       82       Credit spreads       120bps - 272bps       175bps   Finance and insurance     Internal models       209       Credit spreads       136bps - 188bps       133bps   Consumer—non-cyclical     Internal models       53       Credit spreads       107bps - 182bps       160bps   Technology and communications     Internal models       28       Credit spreads       153bps - 260bps       221bps   Industrial     Internal models       92       Credit spreads       108bps - 272bps       193bps   Capital goods     Internal models       144       Credit spreads       107bps - 294bps       215bps   Consumer—cyclical     Internal models       45       Credit spreads       97bps - 272bps       194bps   Transportation     Internal models       114       Credit spreads       83bps - 294bps       175bps   Other     Internal models       144       Credit spreads       121bps - 507bps       300bps                   Total non-U.S. corporate     Internal models     $ 1,268       Credit spreads       83bps - 507bps       196bps                   Derivative assets:             Equity index options     Discounted cash flows       $ 66       Equity index volatility         6% - 38%       28%     (1) Unobservable inputs weighted by the relative fair value of the associated instrument for fixed maturity securities and by notional for derivative assets.
Liabilities by Class of Instrument that are Measured at Fair Value on Recurring Basis	The following tables set forth our liabilities by class of instrument that are measured at fair value on a recurring basis as of the dates indicated:        June 30, 2020   (Amounts in millions)    Total      Level 1      Level 2      Level 3   Liabilities             Policyholder account balances:             GMWB embedded derivatives (1)    $ 559      $ —        $ —        $ 559   Fixed index annuity embedded derivatives      447        —          —          447   Indexed universal life embedded derivatives      23        —          —          23                                       Total policyholder account balances      1,029        —          —          1,029                                       Derivative liabilities:             Other foreign currency contracts      1        —          1        —                                         Total derivative liabilities      1        —          1        —                                         Total liabilities    $ 1,030      $ —        $ 1      $ 1,029                                         (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.        December 31, 2019   (Amounts in millions)      Total          Level 1          Level 2          Level 3     Liabilities             Policyholder account balances:             GMWB embedded derivatives (1)    $ 323      $ —        $ —        $ 323   Fixed index annuity embedded derivatives      452        —          —          452   Indexed universal life embedded derivatives      19        —          —          19                                       Total policyholder account balances      794        —          —          794                                       Derivative liabilities:             Interest rate swaps      10        —          10        —     Other foreign currency contracts      1        —          1        —                                         Total derivative liabilities      11        —          11        —                                         Total liabilities    $   805      $   —        $ 11      $ 794                                         (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.
Liabilities Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value	The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:   (Amounts in millions)   Beginning balance as of April 1, 2020     Total realized and unrealized (gains) losses     Purchases     Sales     Issuances     Settlements     Transfer into Level 3     Transfer out of Level 3     Ending balance as of June 30, 2020     Total (gains)  losses attributable to liabilities still held     Included in net (income) loss     Included in OCI     Included in net (income) loss     Included in OCI   Policyholder account balances:                         GMWB embedded derivatives (1)   $ 691     $ (138 )    $ —       $ —       $ —       $ 6     $ —       $ —       $ —       $ 559     $ (137 )    $ —     Fixed index annuity embedded derivatives     413       45       —         —         —         —         (11 )      —         —         447       45       —     Indexed universal life embedded derivatives     21       (3 )      —         —         —         5       —         —         —         23       (3 )      —                                                                                                     Total policyholder account balances     1,125       (96 )      —         —         —         11       (11 )      —         —         1,029       (95 )      —                                                                                                     Total Level 3 liabilities   $ 1,125     $ (96 )    $ —       $ —       $ —       $ 11     $ (11 )    $ —       $ —       $ 1,029     $ (95 )    $ —                                                                                                       (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.       Beginning balance as of April 1, 2019     Total realized and unrealized (gains) losses     Purchases     Sales     Issuances     Settlements     Transfer into Level 3     Transfer out of Level 3     Ending balance as of June 30, 2019     Total (gains) losses included in net (income) loss attributable to liabilities still held   (Amounts in millions)   Included in net (income) loss     Included in OCI   Policyholder account balances:                       GMWB embedded derivatives (1)   $ 295     $ 24     $ —       $ —       $ —       $ 6     $ —       $ —       $ —       $ 325     $ 24   Fixed index annuity embedded derivatives     423       20       —         —         —         —         (5 )      —         —         438       20   Indexed universal life embedded derivatives     13       1       —         —         —         1       —         —         —         15       1                                                                                           Total policyholder account balances     731       45       —         —         —         7       (5 )      —         —         778       45                                                                                           Total Level 3 liabilities   $ 731     $ 45     $ —       $ —       $ —       $ 7     $ (5 )    $ —       $ —       $ 778     $ 45                                                                                             (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The following tables present additional information about liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value as of or for the dates indicated:   (Amounts in millions)   Beginning balance as of January 1, 2020     Total realized and unrealized (gains) losses     Purchases     Sales     Issuances     Settlements     Transfer into Level 3     Transfer out of Level 3     Ending balance as of June 30, 2020     Total (gains) losses attributable to liabilities still held     Included in net (income) loss     Included in OCI     Included in net (income) loss     Included in OCI   Policyholder account balances:                         GMWB embedded derivatives (1)   $ 323     $ 224     $ —       $ —       $ —       $ 12     $ —       $ —       $ —       $ 559     $ 231     $ —     Fixed index annuity embedded derivatives     452       13       —         —         —         —         (18 )      —         —         447       13       —     Indexed universal life embedded derivatives     19       (7 )      —         —         —         11       —         —         —         23       (7 )      —                                                                                                     Total policyholder account balances     794       230       —         —         —         23       (18 )      —         —         1,029       237       —                                                                                                     Total Level 3 liabilities   $ 794     $ 230     $ —       $ —       $ —       $ 23     $ (18 )    $ —       $ —       $ 1,029     $ 237     $ —                                                                                                       (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.       Beginning balance as of January 1, 2019     Total realized and unrealized (gains) losses     Purchases     Sales     Issuances     Settlements     Transfer into Level 3     Transfer out of Level 3     Ending balance as of June 30, 2019     Total (gains) losses included in net (income) loss attributable to   liabilities still   held   (Amounts in millions)   Included   in net   (income) loss     Included in OCI   Policyholder account balances:                       GMWB embedded derivatives (1)   $ 337     $ (24 )    $ —       $ —       $ —       $ 12     $ —       $ —       $ —       $ 325     $ (20 )  Fixed index annuity embedded derivatives     389       58       —         —         —         —         (9 )      —         —         438       58   Indexed universal life embedded derivatives     12       —         —         —         —         3       —         —         —         15       —                                                                                             Total policyholder account balances     738       34       —         —         —         15       (9 )      —         —         778       38                                                                                           Total Level 3 liabilities   $ 738     $ 34     $ —       $ —       $ —       $ 15     $ (9 )    $ —       $ —       $ 778     $ 38                                                                                             (1) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.
Gains and Losses Included in Net (Income) from Liabilities Measured at Fair Value	The following table presents the gains and losses included in net (income) loss from liabilities measured at fair value on a recurring basis and for which we have utilized significant unobservable (Level 3) inputs to determine fair value and the related income statement line item in which these gains and losses were presented for the periods indicated:        Three months ended June 30,      Six months ended June 30,   (Amounts in millions)    2020     2019      2020      2019   Total realized and unrealized (gains) losses included in net (income) loss:            Net investment income    $ —       $ —        $ —        $ —     Net investment (gains) losses      (96 )      45        230        34                                      Total    $ (96 )    $ 45      $ 230      $ 34                                      Total (gains) losses included in net (income) loss attributable to liabilities still held:            Net investment income    $ —       $ —        $ —        $ —     Net investment (gains) losses      (95 )      45        237        38                                      Total    $ (95 )    $ 45      $ 237      $ 38
Summary of Significant Unobservable Inputs Used for Certain Liability Fair Value Measurements	The following table presents a summary of the significant unobservable inputs used for certain liability fair value measurements that are based on internal models and classified as Level 3 as of June 30, 2020:   (Amounts in millions)   Valuation technique     Fair value     Unobservable input     Range     Weighted-average  (1)   Policyholder account balances:       Withdrawal utilization rate     56% - 88%       73 %       Lapse rate     2% - 9%       3 %       Non-performance risk             (credit spreads)     9bps - 83bps       67 bps GMWB embedded derivatives (2)     Stochastic cash flow model       $ 559     Equity index volatility     21% - 30%       24 % Fixed index annuity embedded derivatives     Option budget method       $ 447     Expected future interest credited     —    %  - 3%       1 %   Indexed universal life embedded derivatives       Option budget method     $ 23     Expected future interest credited     3% - 11%               6 %     (1) Unobservable inputs weighted by the policyholder account balances associated with the instrument. (2) Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. The unobservable inputs associated with GMWB embedded derivatives are not interrelated and therefore, a directional change in one input will not affect the other inputs.
Fair Value Financial Instruments Not Required to be Carried at Fair Value	The following represents our estimated fair value of financial assets and liabilities that are not required to be carried at fair value as of the dates indicated:        June 30, 2020        Notional amount     Carrying amount      Fair value   (Amounts in millions)    Total      Level 1      Level 2      Level 3   Assets:                  Commercial mortgage loans                   (1)     $ 6,917      $ 7,225      $ —        $ —        $ 7,225   Other invested assets                   (1)       418        421        —          22        399   Liabilities:                  Long-term borrowings                   (1)       2,817        2,153        —          2,016        137   Investment contracts                   (1)     11,258    12,227    —    —    12,227 Other firm commitments:                  Commitments to fund limited partnerships      1,135       —          —          —          —          —     Commitments to fund bank loan investments      35       —          —          —          —          —     Ordinary course of business lending commitments      116       —          —          —          —          —       (1) These financial instruments do not have notional amounts.        December 31, 2019        Notional amount     Carrying amount      Fair value   (Amounts in millions)    Total      Level 1      Level 2      Level 3   Assets:                  Commercial mortgage loans                   (1)     $ 6,963      $ 7,239      $ —        $ —        $ 7,239   Other invested assets                   (1)       432        432        —          49        383   Liabilities:                  Long-term borrowings                   (1)       3,277        3,093        —          2,951        142   Non-recourse funding obligations                   (1)       311        207        —          —          207   Investment contracts                   (1)       11,466        12,086        —          —          12,086   Other firm commitments:                  Commitments to fund limited partnerships      976       —          —          —          —          —     Commitments to fund bank loan investments      52       —          —          —          —          —     Ordinary course of business lending commitments      69       —          —          —          —          —       (1) These financial instruments do not have notional amounts.

X

- Definition Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets classified in shareholders' equity. + References No definition available. + Details Name: gnw_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInEarningsTableTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets. This disclosure may include, but is not limited to, the fair value of the asset, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs + References No definition available. + Details Name: gnw_FairValueInputAssetsQuantitativeInformationTableTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of liabilities. This disclosure may include, but is not limited to, the fair value of the liability, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. + References No definition available. + Details Name: gnw_FairValueInputLiabilitiesQuantitativeInformationTableTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to liabilities, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of liabilities classified in shareholders' equity. + References No definition available. + Details Name: gnw_FairValueLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTableTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of significant inputs used by third-party pricing services for fixed maturity securities measured at fair value that are classified as Level 2. + References No definition available. + Details Name: gnw_FairValueMeasurementsValuationTechniquesAndSignificantUnobservableInputsLevel2FixedMaturitiesTableTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueByBalanceSheetGroupingTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 + Details Name: us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Liability for Policy and Contract Claims (Tables)	6 Months Ended
	Jun. 30, 2020
Changes in Liability for Policy and Contract Claims	The following table sets forth changes in our liability for policy and contract claims as of the dates indicated:        As of or for the six months ended June 30,   (Amounts in millions)    2020      2019   Beginning balance    $ 10,958      $ 10,295   Less reinsurance recoverables      (2,406 )       (2,379 )                    Net beginning balance      8,552        7,916                     Incurred related to insured events of:       Current year      2,238        1,961   Prior years      (255 )       (206 )                    Total incurred      1,983        1,755                     Paid related to insured events of:       Current year      (436 )       (407 )  Prior years      (1,339 )       (1,253 )                    Total paid      (1,775 )       (1,660 )                    Interest on liability for policy and contract claims      205        188   Foreign currency translation      (4 )       (1 )                    Net ending balance      8,961        8,198   Add reinsurance recoverables      2,319        2,388                     Ending balance    $ 11,280      $ 10,586

X

- Definition Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Reinsurance (Tables)	6 Months Ended
	Jun. 30, 2020
Schedule of Reinsurance Recoverable in Allowance for Credit Losses	The following table sets forth the changes in the allowance for credit losses related to reinsurance recoverables as of or for the periods indicated:        Three months ended June 30,      Six months ended June 30,   (Amounts in millions)    2020      2020   Allowance for credit losses:       Beginning balance    $ 42      $ —     Cumulative effect of change in accounting      —          40   Provision      2        4   Write-offs      —          —     Recoveries      —          —                       Ending balance    $ 44      $ 44
Schedule Of Credit Ratings on Reinsurance Recoverable	As discussed in note 2, our policy for evaluating and measuring the allowance for credit losses related to reinsurance recoverables utilizes the reinsurer’s credit rating, updated quarterly, to assess the credit quality of reinsurance recoverables. The following table sets forth A.M. Best Company, Inc.’s (“A.M. Best”) credit ratings related to our reinsurance recoverables, gross of the allowance for credit losses, as of June 30, 2020:   (Amounts in millions)    Collateralized      Non-collateralized      Total   Credit rating:          A++    $ —        $ 508      $ 508   A+      1,267        1,467        2,734   A      20        58        78   B+      —          2        2   Not rated      13,542        80        13,622                              Total reinsurance recoverable    $ 14,829      $ 2,115      $ 16,944

X

- Definition Schedule Of Reinsurance Recoverables. + References No definition available. + Details Name: gnw_ScheduleOfReinsuranceRecoverableTableTextBlock Namespace Prefix: gnw_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of allowance for credit loss on reinsurance recoverable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details Name: us-gaap_ReinsuranceRecoverableAllowanceForCreditLossTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Borrowings and Liquidity (Tables)	6 Months Ended
	Jun. 30, 2020
Schedule of Long Term Borrowings	The following table sets forth total long-term borrowings as of the dates indicated:   (Amounts in millions)    June 30, 2020      December 31, 2019   Genworth Holdings (1)       7.70% Senior Notes, due 2020    $ —        $ 397   7.20% Senior Notes, due 2021      356        382   7.625% Senior Notes, due 2021      661        701   4.90% Senior Notes, due 2023      399        399   4.80% Senior Notes, due 2024      400        400   6.50% Senior Notes, due 2034      297        297   Floating Rate Junior Subordinated Notes, due 2066      598        598                     Subtotal      2,711        3,174   Bond consent fees      (22 )       (25 )  Deferred borrowing charges      (10 )       (12 )                    Total Genworth Holdings      2,679        3,137                     Australia (2)       Floating Rate Junior Subordinated Notes, due 2025      138        140                     Total Australia      138        140                     Total    $ 2,817      $ 3,277                       (1) We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread. (2) Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary, who has the option to redeem the notes at face value beginning on July 3, 2020, subject to the Australian Prudential Regulation Authority’s (“APRA”) prior written approval.

X

- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details Name: us-gaap_ScheduleOfDebtInstrumentsTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2020
Reconciliation of Federal Statutory Tax Rate to Effective Income Tax Rate	The reconciliation of the federal statutory tax rate to the effective income tax rate was as follows for the periods indicated:        Three months ended     Six months ended        June 30,     June 30,        2020     2019     2020     2019   Statutory U.S. federal income tax rate      21.0 %      21.0 %      21.0 %      21.0 %  Increase (reduction) in rate resulting from:                                  Swaps terminated prior to the TCJA      4.8       3.2       19.1       3.9   Effect of foreign operations      3.7       2.3       7.3       2.7   Non-deductible goodwill      1.2       —         2.7       —     Non-deductible expense      0.7       0.6       2.8       0.7   Tax favored investments      (0.8 )      (0.5 )      (3.2 )      (0.5 )  Stock-based compensation      0.1       0.1       2.9       —     Other, net      0.4       2.8       1.9       1.5                                      Effective rate      31.1 %      29.5 %      54.5 %      29.3 %

X

- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details Name: us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2020
Summary of Revenues of Major Product Groups for Segments and Corporate and Other Activities	The following is a summary of revenues for our segments and Corporate and Other activities for the periods indicated:                                          Three   months   ended June 30,      Six months ended June 30,   (Amounts in millions)    2020      2019            2020                2019         Revenues:             U.S. Mortgage Insurance segment    $ 274      $ 235      $ 535      $ 458                                       Australia Mortgage Insurance segment      136        96        163        206                                       U.S. Life Insurance segment:                     Long-term care insurance      1,200        1,055        2,206        2,169   Life insurance      335        382        683        754   Fixed annuities      129        151        262        310                                       U.S. Life Insurance segment      1,664        1,588        3,151        3,233                                       Runoff segment      90        78        97        160                                       Corporate and Other activities      (26 )       (3 )       29        (19 )                                      Total revenues    $ 2,138      $ 1,994      $ 3,975      $ 4,038
Summary of Net Operating Income (Loss) for Segments and Corporate and Other Activities	The following tables present the reconciliation of net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders and a summary of adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders for our segments and Corporate and Other activities for the periods indicated:                                          Three months   ended June 30,     Six months   ended June 30,   (Amounts in millions)    2020     2019     2020     2019   Net income (loss) available to Genworth Financial, Inc.’s common stockholders    $ (441 )    $ 168     $ (507 )    $ 342   Add: net income from continuing operations attributable to noncontrolling interests      23       15       17       35   Add: net income from discontinued operations attributable to noncontrolling interests      —         35       —         71                                    Net income (loss)      (418 )      218       (490 )      448   Less: income (loss) from discontinued operations, net of taxes      (520 )      60       (520 )      122                                    Income from continuing operations      102       158       30       326   Less: net income from continuing operations attributable to noncontrolling interests      23       15       17       35                                    Income from continuing operations available to Genworth Financial, Inc.’s common stockholders      79       143       13       291   Adjustments to income from continuing operations available to Genworth Financial, Inc.’s common stockholders:          Net investment (gains) losses, net (1)      (131 )      43       (16 )      (28 )  Goodwill impairment, net (2)      3       —         3       —     (Gains) losses on early extinguishment of debt      (3 )      —         9       —     Expenses related to restructuring      1       —         2       4   Taxes on adjustments      30       (8 )      1       6                                    Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders    $ (21 )    $ 178     $ 12     $ 273                                                        (1) For the three months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(4) and $(3) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $32 million and $—, respectively. For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(15) million and $(5) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $6   million in both periods.     (2) For the three and six months ended June 30, 2020, goodwill impairment was adjusted for the portion attributable to noncontrolling interests of $2 million.        Three months ended      Six months ended        June 30,      June 30,   (Amounts in millions)    2020      2019      2020      2019   Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders:          U.S. Mortgage Insurance segment    $ (3 )    $ 147     $     145     $     271   Australia Mortgage Insurance segment      1       13       10       27   U.S. Life Insurance segment:          Long-term care insurance      48       37       49       17   Life insurance      (81 )      10       (158 )      8   Fixed annuities      28       19       34       36                                    U.S. Life Insurance segment      (5 )      66       (75 )      61                                    Runoff segment      24       9       11       29   Corporate and Other activities      (38 )      (57 )      (79 )      (115 )                                   Adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders    $ (21 )    $ 178     $ 12     $ 273
Summary of Segments and Corporate and Other Activities	The following is a summary of total assets for our segments and Corporate and Other activities as of the dates indicated: (Amounts in millions)    June 30, 2020      December 31, 2019   Assets:       U.S. Mortgage Insurance segment    $ 4,944      $ 4,504   Australia Mortgage Insurance segment      2,439        2,406   U.S. Life Insurance segment      83,829        81,640   Runoff segment      9,783        9,953   Corporate and Other activities      2,642        2,839                     Total assets    $ 103,637      $ 101,342

X

- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details Name: us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details Name: us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details Name: us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Changes in Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2020
Component of Changes in Accumulated Other Comprehensive Income (Loss), Net of Taxes	The following tables show the changes in accumulated other comprehensive income (loss), net of taxes, by component as of and for the periods indicated:   (Amounts in millions)    Net unrealized investment gains (losses)   (1)     Derivatives qualifying   as hedges   (2)     Foreign currency translation and other adjustments     Total   Balances as of April 1, 2020    $ 1,140     $ 2,755     $ (80 )    $ 3,815   OCI before reclassifications      762       (48 )      73       787   Amounts reclassified from (to) OCI      (88 )      (30 )      —         (118 )                                   Current period OCI      674       (78 )      73       669                                    Balances as of June 30, 2020 before noncontrolling interests      1,814       2,677       (7 )      4,484                                    Less: change in OCI attributable to noncontrolling interests      3       —         34       37                                    Balances as of June 30, 2020    $ 1,811     $ 2,677     $ (41 )    $ 4,447                                      (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions)    Net unrealized investment gains (losses) (1)      Derivatives qualifying   as hedges   (2)     Foreign currency translation and other adjustments     Total   Balances as of April 1, 2019    $ 943      $ 1,850     $ (301 )    $ 2,492   OCI before reclassifications      375        157       43       575   Amounts reclassified from (to) OCI      1        (24 )      —         (23 )                                    Current period OCI      376        133       43       552                                     Balances as of June 30, 2019 before noncontrolling interests      1,319        1,983       (258 )      3,044                                     Less: change in OCI attributable to noncontrolling interests      14        —         17       31                                     Balances as of June 30, 2019    $ 1,305      $ 1,983     $ (275 )    $ 3,013                                       (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information.   (Amounts in millions)    Net unrealized investment gains (losses) (1)     Derivatives qualifying   as hedges   (2)     Foreign currency translation and other adjustments     Total   Balances as of January 1, 2020    $ 1,456     $ 2,002     $ (25 )    $ 3,433   OCI before reclassifications      448       735       (25 )      1,158   Amounts reclassified from (to) OCI      (94 )      (60 )      —         (154 )                                   Current period OCI      354       675       (25 )      1,004                                    Balances as of June 30, 2020 before noncontrolling interests      1,810       2,677       (50 )      4,437                                    Less: change in OCI attributable to noncontrolling interests      (1 )      —         (9 )      (10 )                                   Balances as of June 30, 2020    $ 1,811     $ 2,677     $ (41 )    $ 4,447                                      (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information. (Amounts in millions)    Net unrealized investment gains (losses) (1)     Derivatives qualifying   as hedges   (2)     Foreign currency translation and other adjustments     Total   Balances as of January 1, 2019    $ 595     $ 1,781     $ (332 )    $ 2,044   OCI before reclassifications      802       254       97       1,153   Amounts reclassified from (to) OCI      (46 )      (52 )      —         (98 )                                   Current period OCI      756       202       97       1,055                                    Balances as of June 30, 2019 before noncontrolling interests      1,351       1,983       (235 )      3,099                                    Less: change in OCI attributable to noncontrolling interests      46       —         40       86                                    Balances as of June 30, 2019    $ 1,305     $ 1,983     $ (275 )    $ 3,013                                      (1) Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. (2) See note 5 for additional information.
Reclassifications in (out) of Accumulated Other Comprehensive Income (Loss), Net of Taxes	The foreign currency translation and other adjustments balance in the charts above included $(2) million, net of taxes of $1 million, related to a net unrecognized postretirement benefit obligation as of June 30, 2019. The balance also included taxes of $22 million and $(45) million, respectively, related to foreign currency translation adjustments as of June 30, 2020 and 2019. The following table shows reclassifications in (out) of accumulated other comprehensive income (loss), net of taxes, for the periods presented:     Amount reclassified from accumulated           other comprehensive income (loss)     Affected line item in the consolidated statements of income     Three months ended June 30,     Six months ended June 30,   (Amounts in millions)   2020     2019     2020     2019   Net unrealized investment (gains) losses:            Unrealized (gains) losses on investments  (1)    $ (112 )    $ 2     $ (119 )    $ (58 )    Net investment (gains) losses Income taxes      24       (1 )      25       12     Provision for income taxes                                    Total    $ (88 )    $ 1     $ (94 )    $ (46 )                                       Derivatives qualifying as hedges:            Interest rate swaps hedging assets    $ (46 )    $ (42 )    $ (89 )    $ (80 )    Net investment income Interest rate swaps hedging assets      —         4       (4 )      (2 )    Net investment (gains) losses Foreign currency swaps      —         1       —         1     Net investment income Income taxes      16       13       33       29     Provision for income taxes                                    Total    $ (30 )    $ (24 )    $ (60 )    $ (52 )                                         (1) Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

X

- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details Name: us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

X

- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e526-108580 + Details Name: us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2020
Assets and liabilities held for sale and operating results related to discontinued operations	A summary of operating results related to Genworth Canada reported as discontinued operations were as follows for the three and six months ended June 30, 2019:   (Amounts in millions)    Three months   ended June 30, 2019      Six months   ended June 30,   2019   Revenues:       Premiums    $ 125      $ 251   Net investment income      36        71   Net investment gains (losses)      1        —                       Total revenues      162        322                     Benefits and expenses:       Benefits and other changes in policy reserves      19        38   Acquisition and operating expenses, net of deferrals      18        32   Amortization of deferred acquisition costs and intangibles      11        21   Interest expense (1)      13        25                     Total benefits and expenses      61        116                     Income before income taxes (2)      101        206   Provision for income taxes      41        84                     Income from discontinued operations, net of taxes      60        122                     Less: net income from discontinued operations attributable to noncontrolling interests      35        71                     Income from discontinued operations available to Genworth Financial, Inc.’s common stockholders    $ 25      $ 51                       (1) Interest on debt assumed by Brookfield and interest on debt that was repaid as a result of the sale of Genworth Canada was allocated and reported in discontinued operations. A senior secured term loan facility (“Term Loan”), owed by Genworth Holdings and secured by GFIH’s ownership interest in Genworth Canada’s outstanding common shares, was repaid in connection with the close of the Genworth Canada sale. Accordingly, interest expense related to the Term Loan of $8 million and $16 million for the three and six months ended June 30, 2019, respectively, was allocated and reported in discontinued operations. (2) The three and six months ended June 30, 2019 includes pre-tax income from discontinued operations available to Genworth Financial, Inc.’s common stockholders of $55 million and $111 million, respectively.

X

- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details Name: us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock Namespace Prefix: us-gaap_ Data Type: nonnum:textBlockItemType Balance Type: na Period Type: duration

v3.20.2

Formation of Genworth and Basis of Presentation - Additional Information (Detail) $ / shares in Units, £ in Millions, $ in Millions				1 Months Ended	6 Months Ended
	Jul. 21, 2020 USD ($)	Jul. 21, 2020 GBP (£)	Oct. 21, 2016 USD ($) $ / shares	Jan. 31, 2020	Jun. 30, 2020 USD ($) Segment	Dec. 12, 2019 USD ($)	Apr. 01, 2013
Number of operating segments | Segment					4
Unrestricted cash and cash equivalents					$ 494
U.S. Mortgage Insurance Business [member]
Percentage of holding to be included in public offering					19.90%
Subsequent Event | AXA Settlement Agreement
Payment of legal settlements	$ 125	£ 100
Litigation Settlement Interest	25
Litigation Settlement, Expense	$ 40
Genworth Canada MI
Net cash proceeds for sale of mortgage business						$ 1,700
Genworth Holdings
Percentage of subsidiary equity ownership							100.00%
Debt instrument, maturity month and year				2020-06
Genworth Holdings | 7.20% Senior Notes, Due 2021
Debt instrument face amount					$ 356
Debt instrument interest rate					7.20%
Debt instrument, maturity month and year					2021-02
Debt instrument annual interest payment					$ 158
China Oceanwide Holdings Group Co., Ltd. | Definitive Acquisition Agreement
Total transaction value to acquire all of our outstanding common stock			$ 2,700
Per share amount to acquire all of our outstanding common stock | $ / shares			$ 5.43

X

- Definition Debt instrument annual interest payment + References No definition available. + Details Name: gnw_DebtInstrumentAnnualInterestPayment Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition The year and month when the debt instrument is scheduled to be fully repaid, in CCYY-MM format. + References No definition available. + Details Name: gnw_DebtInstrumentMaturityMonthAndYear Namespace Prefix: gnw_ Data Type: xbrli:gYearMonthItemType Balance Type: na Period Type: duration

X

- Definition Amount of other liability that potentially could be subject to litigation settlement. + References No definition available. + Details Name: gnw_OtherExpenseAssociatedWithLegalSettlement Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Ownership Percentage of Subsidiary. + References No definition available. + Details Name: gnw_OwnershipPercentageOfSubsidiary Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition Percentage of wholly-owned subsidiary that could be included in a public offering under management's plans for enhanced liquidity. + References No definition available. + Details Name: gnw_PercentageOfHoldingPublicOffering Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition Total amount of cash to be received from a buyer for the acquisition of the company's outstanding common stock. + References No definition available. + Details Name: gnw_StockAcquisitionConsideration Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Per share amount to be paid to stockholders by a buyer to acquire each share of common stock outstanding. + References No definition available. + Details Name: gnw_StockAcquisitionPricePerShare Namespace Prefix: gnw_ Data Type: num:perShareItemType Balance Type: na Period Type: instant

X

- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121566466&loc=d3e6676-107765 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_CashAndCashEquivalentsAtCarryingValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details Name: us-gaap_DebtInstrumentFaceAmount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_DebtInstrumentInterestRateStatedPercentage Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation. + References No definition available. + Details Name: us-gaap_DisposalGroupIncludingDiscontinuedOperationConsideration Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Interest expense (income) directly attributable to an award in settlement of litigation. + References No definition available. + Details Name: us-gaap_LitigationSettlementInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8672-108599 + Details Name: us-gaap_NumberOfOperatingSegments Namespace Prefix: us-gaap_ Data Type: xbrli:integerItemType Balance Type: na Period Type: duration

X

- Definition The amount of cash paid for the settlement of litigation or for other legal issues during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3536-108585 + Details Name: us-gaap_PaymentsForLegalSettlements Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_UsMortgageInsuranceBusinessMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_LitigationCaseAxis=gnw_AXASettlementAgreementMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=gnw_GenworthCanadaMiMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: dei_LegalEntityAxis=gnw_GenworthHoldingsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_LongtermDebtTypeAxis=gnw_SevenPointTwentySeniorNotesDue2021Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: dei_LegalEntityAxis=gnw_ChinaOceanwideHoldingsGroupCoLtdMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_TypeOfArrangementAxis=gnw_DefinitiveAcquisitionAgreementMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Accounting Changes - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Disclosure of Accounting Changes [Line Items]
Retained earnings	$ 899	$ 1,461
Commercial mortgage loans
Disclosure of Accounting Changes [Line Items]
Accrued interest carrying value in Accrued investment income	25
Fixed maturity securities
Disclosure of Accounting Changes [Line Items]
Accrued interest carrying value in Accrued investment income	544
Accounting Standards Update 2016-13 | Cumulative Effect, Period of Adoption, Adjustment | Investments carried at amortized cost
Disclosure of Accounting Changes [Line Items]
Adoption of new accounting guidance, deferred tax impact	6
Retained earnings	23
Accounting Standards Update 2016-13 | Off-balance sheet credit exposures | Cumulative Effect, Period of Adoption, Adjustment
Disclosure of Accounting Changes [Line Items]
Retained earnings	1
Accounting Standards Update 2016-13 | Reinsurance recoverables | Cumulative Effect, Period of Adoption, Adjustment
Disclosure of Accounting Changes [Line Items]
Adoption of new accounting guidance, deferred tax impact	9
Retained earnings	$ 31

X

- Definition The deferred tax impact upon adoption of new accounting guidance. + References No definition available. + Details Name: gnw_AdoptionOfNewAccountingGuidanceDeferredTaxes Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Carrying value of accrued interest on accrued investment income. + References No definition available. + Details Name: gnw_CarryingValueOfAccruedInterestOnAccruedInvestmentIncome Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Disclosure of Accounting Changes + References No definition available. + Details Name: gnw_DisclosureOfAccountingChangesLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)(a)(3)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 65 -Paragraph 15 -Subparagraph (g)(2) -URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(23)(a)(4)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (g)(2)(i) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 + Details Name: us-gaap_RetainedEarningsAccumulatedDeficit Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=us-gaap_CommercialLoanMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=us-gaap_AccountingStandardsUpdate201613Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=gnw_InvestmentsCarriedAtAmortizedCostMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_OffBalancesheetCreditExposuresMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ReinsuranceRecoverableMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Earnings (Loss) Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Weighted-average shares used in basic earnings per share calculations		505.4	503.4	504.8	502.3
Stock options, restricted stock units and stock appreciation rights		7.1	5.3	6.3	6.4
Weighted-average shares used in diluted earnings per share calculations		512.5	508.7	511.1	508.7
Income from continuing operations:
Income from continuing operations		$ 102	$ 158	$ 30	$ 326
Less: net income from continuing operations attributable to noncontrolling interests		23	15	17	35
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders		$ 79	$ 143	$ 13	$ 291
Basic per share		$ 0.16	$ 0.29	$ 0.03	$ 0.58
Diluted per share		$ 0.15	$ 0.28	$ 0.03	$ 0.57
Income (loss) from discontinued operations:
Income (loss) from discontinued operations, net of taxes		$ (520)	$ 60	$ (520)	$ 122
Less: net income from discontinued operations attributable to noncontrolling interests		0	35	0	71
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders		$ (520)	$ 25	$ (520)	$ 51
Basic per share		$ (1.03)	$ 0.05	$ (1.03)	$ 0.10
Diluted per share		$ (1.01)	$ 0.05	$ (1.02)	$ 0.10
Net income (loss):
Income from continuing operations		$ 102	$ 158	$ 30	$ 326
Income (loss) from discontinued operations, net of taxes		(520)	60	(520)	122
Net income (loss)		(418)	218	(490)	448
Less: net income attributable to noncontrolling interests		23	50	17	106
Net income (loss) available to Genworth Financial, Inc.'s common stockholders		$ (441)	$ 168	$ (507)	$ 342
Basic per share	[1]	$ (0.87)	$ 0.33	$ (1.00)	$ 0.68
Diluted per share		$ (0.86)	$ 0.33	$ (0.99)	$ 0.67
[1] May not total due to whole number calculation.

X

- References No definition available. + Details Name: us-gaap_EarningsPerShareAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1448-109256 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e3842-109258 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details Name: us-gaap_EarningsPerShareBasic Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e3842-109258 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_EarningsPerShareDiluted Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4613673-111683 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.13) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details Name: us-gaap_IncomeLossFromContinuingOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_IncomeLossFromContinuingOperationsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations attributable to the noncontrolling interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 + Details Name: us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 + Details Name: us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(11)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(20)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-03(13)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868656-224227 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 + Details Name: us-gaap_IncomeLossFromContinuingOperationsPerBasicShare Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(11)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-03(13)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868656-224227 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 + Details Name: us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(12)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 270 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109227538&loc=d3e44648-109337 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntityAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(12)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(14)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section S99 -Paragraph 5 -Subparagraph (SAB Topic 5.E) -URI http://asc.fasb.org/extlink&oid=120398118&loc=d3e355146-122828 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1278-109256 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare Namespace Prefix: us-gaap_ Data Type: num:perShareItemType Balance Type: na Period Type: duration

X

- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_NetIncomeLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_NetIncomeLossAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 + Details Name: us-gaap_NetIncomeLossAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-05(b)(2)) -URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3000-108585 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 20: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_ProfitLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details Name: us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: duration

X

- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1505-109256 + Details Name: us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: duration

X

- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1448-109256 + Details Name: us-gaap_WeightedAverageNumberOfSharesOutstandingBasic Namespace Prefix: us-gaap_ Data Type: xbrli:sharesItemType Balance Type: na Period Type: duration

v3.20.2

Net Investment Income (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net Investment Income [Line Items]
Gross investment income before expenses and fees	$ 807	$ 841	$ 1,625	$ 1,658
Expenses and fees	(21)	(25)	(46)	(48)
Net investment income	786	816	1,579	1,610
Fixed maturity securities—taxable
Net Investment Income [Line Items]
Gross investment income before expenses and fees	601	634	1,223	1,247
Fixed maturity securities—non-taxable
Net Investment Income [Line Items]
Gross investment income before expenses and fees	1	2	3	4
Equity Securities
Net Investment Income [Line Items]
Gross investment income before expenses and fees	2	5	4	9
Commercial mortgage loans
Net Investment Income [Line Items]
Gross investment income before expenses and fees	84	85	169	167
Policy Loans
Net Investment Income [Line Items]
Gross investment income before expenses and fees	49	45	98	91
Other invested assets
Net Investment Income [Line Items]
Gross investment income before expenses and fees	66	59	113	118
Cash, cash equivalents, restricted cash and short-term investments
Net Investment Income [Line Items]
Gross investment income before expenses and fees	$ 4	$ 11	$ 15	$ 22

X

- Definition Amount, before investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.2) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_GrossInvestmentIncomeOperating Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of expenses related to the generation of investment income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.9) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.2) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_InvestmentIncomeInvestmentExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(2)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_NetInvestmentIncome Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_InvestmentTypeAxis=gnw_TaxableFixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=gnw_TaxExemptFixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_EquitySecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=gnw_CommercialMortgageLoansMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_PolicyLoansMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=gnw_OtherInvestedAssetsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=gnw_CashCashEquivalentsRestrictedCashAndShortTermInvestmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Net Investment Gains (Losses) (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Available-for-sale securities:
Realized gains		$ 119	$ 10	$ 133	$ 74
Realized losses		(5)	(21)	(6)	(27)
Net realized gains (losses) on available-for-sale securities		114	(11)	127	47
Total other-than-temporary impairments		0	0	0	0
Portion of other-than-temporary impairments included in other comprehensive income (loss)		0	0	0	0
Net other-than-temporary impairments		0	0	0	0
Net change in allowance for credit losses on available-for-sale fixed maturity securities		(7)	0	(7)	0
Net realized gains (losses) on equity securities sold		0	0	0	3
Net unrealized gains (losses) on equity securities still held		9	5	(10)	17
Limited partnerships		37	(11)	(3)	4
Commercial mortgage loans	[1]	1	1	1	0
Derivative instruments		10	(30)	(95)	(42)
Other		(5)	0	(6)	0
Total net investment gains (losses)		$ 159	$ (46)	$ 7	$ 29
[1] See note 5 for additional information on the impact of derivative instruments included in net investment gains (losses).

X

- Definition Aggregate net gain (loss) related to commercial mortgage loans that is recognized in earnings during the period, before tax effects, including changes to the allowance for loan losses. + References No definition available. + Details Name: gnw_CommercialMortgageLoansGainLoss Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of net unrealized gain (loss) and net realized gain (loss) recognized in the income statement on limited partnerships. + References No definition available. + Details Name: gnw_LimitedPartnershipFvNiGainLoss Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Realized Gains Losses On Other Investments + References No definition available. + Details Name: gnw_RealizedGainsLossesOnOtherInvestments Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition This item represents the gross profit realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesGrossRealizedGains Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition This item represents the gross loss realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition This item represents the difference between the gross realized gains and losses realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details Name: us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of increase (decrease) in allowance for credit loss of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: na Period Type: duration

X

- Definition Amount of realized gain (loss) from sale of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=120269885&loc=SL75117546-209714 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(3)(d)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_EquitySecuritiesFvNiRealizedGainLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of unrealized gain (loss) on investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(3)(d)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=120269885&loc=SL75117546-209714 + Details Name: us-gaap_EquitySecuritiesFvNiUnrealizedGainLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of realized and unrealized gain (loss) on investment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27405-111563 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(c),9(a)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_GainLossOnInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_InvestmentsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The amount by which the fair value of an investment in debt and equity securities categorized as Available-for-sale is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income. + References No definition available. + Details Name: us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, before tax, of other-than-temporary impairment (OTTI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), recognized in other comprehensive income (OCI). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 8A -URI http://asc.fasb.org/extlink&oid=121553693&loc=SL6284422-111562 + Details Name: us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The amount of other than temporary impairment losses on investments in debt and equity securities categorized as Available-for-sale which have been recognized in earnings during the period. Such impairment losses consist of other than temporary impairments (OTTI) on equity securities, credit losses on investments in debt securities, and when the entity intends to sell an impaired debt security or it is more likely than not that the entity will be required to sell the impaired debt security before recovery of its amortized cost basis. + References No definition available. + Details Name: us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_UnrealizedGainLossOnDerivatives Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

v3.20.2

Net Investment Allowance for Credit Losses (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2020 USD ($)
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Ending Balance	$ (7)
Fixed maturity securities
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Beginning Balance	0
Increase from securities without allowance in previous periods	7
Increase (decrease) from securities with allowance in previous periods	0
Securities Sold	0
Decrease due to change in intent or requirement to sell	0
Write-offs	0
Recoveries	0
Ending Balance	7
Non-U.S. corporate | Fixed maturity securities
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Beginning Balance	0
Increase from securities without allowance in previous periods	4
Increase (decrease) from securities with allowance in previous periods	0
Securities Sold	0
Decrease due to change in intent or requirement to sell	0
Write-offs	0
Recoveries	0
Ending Balance	4
Commercial mortgage-backed | Fixed maturity securities
Debt Securities, Available-for-sale, Allowance for Credit Loss [Line Items]
Beginning Balance	0
Increase from securities without allowance in previous periods	3
Increase (decrease) from securities with allowance in previous periods	0
Securities Sold	0
Decrease due to change in intent or requirement to sell	0
Write-offs	0
Recoveries	0
Ending Balance	$ 3

X

- Definition Amount of allowance for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aaa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of expense for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), for which no credit loss was previously recorded. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of expense (reversal of expense) for allowance for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), not intended to be sold and not more likely than not will be required to sell before recovery of amortized cost basis, with previously recorded allowance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of increase in allowance for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), from recovery. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of decrease in allowance for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) from sale. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of decrease in allowance for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) from intent to sell or more likely than not will be required to sell before recovery of amortized cost basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLossSellBeforeRecovery Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of writeoff of allowance for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DebtSecuritiesAvailableforsaleAllowanceForCreditLossLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Investments - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Schedule of Investments [Line Items]
Percentage of investment portfolio by which no other industry group exceeded	10.00%
Percentage of stockholders' equity by which no single issuer of fixed maturity securities exceeded	10
Modified or extended troubled debt restructurings	$ 0	$ 0
Total Assets	103,637	101,342
Variable interest Entity, not primary beneficiary
Schedule of Investments [Line Items]
Total Assets	743	616
Fixed Rate Commercial Mortgage Loans
Schedule of Investments [Line Items]
Commercial mortgage loans on nonaccrual status	$ 0	$ 0
Finance and insurance | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%	24.00%
Utilities | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%	14.00%
Consumer-non-cyclical | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%	16.00%
Technology and Communications [Member] | Fixed maturity securities
Schedule of Investments [Line Items]
Percent of investment portfolio, greater than 10%	10.00%

X

- Definition Investment disclosure of credit risk exposure of fixed maturity securities in a single issuer as measured by a stated percentage of the Company's stockholders' equity, by which no industry group exceeded other than those identified. + References No definition available. + Details Name: gnw_PercentageOfInvestmentPortfolioByWhichNoIndustryGroupExceeded Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(11)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(12)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details Name: us-gaap_Assets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Description of risks that arise due to the volume of transactions the entity executes within a particular (nongeographic) market. The description may address the risks inherent in the market, and, at a minimum, informs financial statement users of the general nature of the risk. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6327-108592 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592 + Details Name: us-gaap_ConcentrationRiskMarketRisk Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13531-108611 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13537-108611 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592 + Details Name: us-gaap_ConcentrationRiskPercentage1 Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Amount of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919258-210447 + Details Name: us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of increase (decrease) in financing receivable modified from troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953676-111524 + Details Name: us-gaap_FinancingReceivableTroubledDebtRestructuringIncreaseDecreaseFromModification Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_ScheduleOfInvestmentsLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_InvestmentsByConsolidatedAndNonconsolidatedEntitiesAxis=us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis=gnw_FixedRateCommercialMortgageLoansMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_FinancialServicesSectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_UtilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerNonCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_TechnologyAndCommunicationsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Credit Losses Recognized in Net Income (Loss) on Debt Securities (Detail) - Debt Securities - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Cumulative credit losses, beginning balance	$ 23	$ 24
Securities sold, paid down or disposed	0	(1)
Cumulative credit losses, ending balance	$ 23	$ 23

X

- Definition The cumulative amount of credit losses recognized in earnings related to debt securities held for which a portion of an other than temporary impairment (OTTI) was recognized in other comprehensive income (a component of shareholders' equity). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 8B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121645371&loc=SL6284393-111563 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 8B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121645371&loc=SL6284393-111563 + Details Name: us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition This item represents reductions in the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security because of the sale of impaired securities during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 8B -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121645371&loc=SL6284393-111563 + Details Name: us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_DebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Net Unrealized Gains and Losses on Available-for-Sale Investment Securities Reflected as Separate Component of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions		Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items]
Net unrealized gains (losses) on fixed maturity securities without an allowance for credit losses	[1]	$ 8,766		$ 6,676
Net unrealized gains (losses) on fixed maturity securities with an allowance for credit losses	[1]	(10)		0
Adjustments to deferred acquisition costs, present value of future profits, sales inducements and benefit reserves		(6,420)		(4,789)
Income taxes, net		(501)		(406)
Net unrealized investment gains (losses)		1,835		1,481
Less: net unrealized investment gains (losses) attributable to noncontrolling interests		24		25
Net unrealized investment gains (losses) attributable to Genworth Financial, Inc.		$ 1,811	$ 1,140	$ 1,456	$ 1,305	$ 943	$ 595
[1] Excludes foreign exchange.

X

- Definition This item represents the increase (decrease) in unrealized investment gains (losses) related to deferred acquisition costs, present value of future profits, sales inducements and benefit reserves. + References No definition available. + Details Name: gnw_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentDeferredAcquisitionCostsPresentValueOfFutureProfitsSalesInducementsAndReserves Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Accumulated appreciation or loss, net of tax, in value of the total of unsold securities at the end of an accounting period, including the portion attributable to noncontrolling interests. + References No definition available. + Details Name: gnw_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTaxIncludingPortionAttributableNoncontrollingInterest Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition This item represents net unrealized investment gains (losses) attributable to noncontrolling interests. + References No definition available. + Details Name: gnw_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTaxPortionAttributableNoncontrollingInterest Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition This item represents the increase (decrease) in net unrealized investment gains (losses) related to income taxes. + References No definition available. + Details Name: gnw_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentTax Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items] + References No definition available. + Details Name: gnw_ComponentsOfNetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, after tax, of accumulated unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e681-108580 + Details Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, after tax, of accumulated unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) with allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82922866-210454 + Details Name: us-gaap_AociDebtSecuritiesAvailableForSaleWithAllowanceForCreditLossCumulativeGainLossAfterTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, after tax, of accumulated unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) without allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82922866-210454 + Details Name: us-gaap_AociDebtSecuritiesAvailableForSaleWithoutAllowanceForCreditLossCumulativeGainLossAfterTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

v3.20.2

Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities Reported in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Investments [Abstract]
Net unrealized investment gains (losses), beginning of period	$ 1,140	$ 943	$ 1,456	$ 595
Unrealized gains (losses) arising during the period:
Unrealized gains (losses) on fixed maturity securities	3,911	1,957	2,199	3,956
Adjustment to deferred acquisition costs	(111)	(52)	57	(1,041)
Adjustment to present value of future profits	5	(2)	4	(55)
Adjustment to sales inducements	(34)	(12)	2	(31)
Adjustment to benefit reserves and policyholder contract balances	(2,802)	(1,412)	(1,694)	(1,800)
Provision for income taxes	(207)	(104)	(120)	(227)
Change in unrealized gains (losses) on investment securities	762	375	448	802
Reclassification adjustments to net investment (gains) losses, net of taxes of $24 and $(1)	(88)	1	(94)	(46)
Change in net unrealized investment gains (losses)	674	376	354	756
Less: change in net unrealized investment gains (losses) attributable to noncontrolling interests	3	14	(1)	46
Net unrealized investment gains (losses), end of period	$ 1,811	$ 1,305	$ 1,811	$ 1,305

X

- Definition Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities. Includes amounts related to other than temporary impairment (OTTI) loss. + References No definition available. + Details Name: gnw_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTaxIncludingOTTI Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Other comprehensive income unrealized holding gain loss on adjustment to benefit reserves and policyholder contract balances arising during period before tax. + References No definition available. + Details Name: gnw_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAdjustmentToBenefitReservesAndPolicyholderContractBalancesArisingDuringPeriodBeforeTax Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition This item represents the adjustment to net unrealized investment gains (losses) related to deferred acquisition costs during the period. + References No definition available. + Details Name: gnw_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAdjustmentToDacArisingDuringPeriodBeforeTax Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition This item represents the adjustment to net unrealized investment gains (losses) related to the present value of future profits during the period. + References No definition available. + Details Name: gnw_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAdjustmentToPvfpArisingDuringPeriodBeforeTax Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition This item represents the adjustment to net unrealized investment gains (losses) related to sales inducements during the period + References No definition available. + Details Name: gnw_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAdjustmentToSalesInducementsArisingDuringPeriodBeforeTax Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after tax, of accumulated unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e681-108580 + Details Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- References No definition available. + Details Name: us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: us-gaap_InvestmentsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities, attributable to noncontrolling interest. Excludes amounts related to other than temporary impairment (OTTI) loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 + Details Name: us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after tax and before adjustment, of unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) and unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, before adjustment, of tax expense (benefit) for unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) and unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e640-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e689-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27357-111563 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL34724391-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, before tax and adjustment, of unrealized holding gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Excludes unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27357-111563 + Details Name: us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

v3.20.2

Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities Reported in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items]
Reclassification adjustments to net investment (gains) losses, taxes	$ 24	$ (1)	$ 25	$ 12

X

- Definition Components of Net Unrealized Investment Gains Losses Included in Accumulated Other Comprehensive Income Loss [Line Items] + References No definition available. + Details Name: gnw_ComponentsOfNetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e640-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27357-111563 + Details Name: us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

v3.20.2

Amortized Cost or Cost, Gross Unrealized Gains (Losses) and Fair Value of Fixed Maturity and Equity Securities Classified as Available-for-Sale (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Schedule of Investments [Line Items]
Amortized cost or cost, total	$ 54,834	$ 53,700
Gross unrealized gains	8,999
Gross unrealized losses	(282)
Fair value, total	63,544	60,339
Amortized cost or cost, fixed maturity securities	54,834
Allowance for credit losses	(7)
Fair value, fixed maturity securities	63,544	60,339
Fixed maturity securities
Schedule of Investments [Line Items]
Allowance for credit losses	7	0
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	3,877	4,073
Gross unrealized gains, fixed maturity securities	1,725
Gross unrealized losses, fixed maturity securities	0
Allowance for credit losses	0
Fair value, fixed maturity securities	5,602	5,025
Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,503	2,394
Gross unrealized gains, fixed maturity securities	496
Gross unrealized losses, fixed maturity securities	(1)
Allowance for credit losses	0
Fair value, fixed maturity securities	2,998	2,747
Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,424	1,235
Gross unrealized gains, fixed maturity securities	125
Gross unrealized losses, fixed maturity securities	(7)
Allowance for credit losses	0
Fair value, fixed maturity securities	1,542	1,350
Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	29,643	28,313
Gross unrealized gains, fixed maturity securities	4,876
Gross unrealized losses, fixed maturity securities	(124)
Allowance for credit losses	0
Fair value, fixed maturity securities	34,395	32,111
Fixed maturity securities | U.S. corporate | Utilities
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	4,392	4,322
Gross unrealized gains, fixed maturity securities	879
Gross unrealized losses, fixed maturity securities	(1)
Allowance for credit losses	0
Fair value, fixed maturity securities	5,270	4,997
Fixed maturity securities | U.S. corporate | Energy
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,454	2,404
Gross unrealized gains, fixed maturity securities	203
Gross unrealized losses, fixed maturity securities	(63)
Allowance for credit losses	0
Fair value, fixed maturity securities	2,594	2,699
Fixed maturity securities | U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	7,400	6,977
Gross unrealized gains, fixed maturity securities	1,017
Gross unrealized losses, fixed maturity securities	(14)
Allowance for credit losses	0
Fair value, fixed maturity securities	8,403	7,774
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	5,132	4,909
Gross unrealized gains, fixed maturity securities	1,147
Gross unrealized losses, fixed maturity securities	(2)
Allowance for credit losses	0
Fair value, fixed maturity securities	6,277	5,701
Fixed maturity securities | U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,912	2,883
Gross unrealized gains, fixed maturity securities	503
Gross unrealized losses, fixed maturity securities	(4)
Allowance for credit losses	0
Fair value, fixed maturity securities	3,411	3,245
Fixed maturity securities | U.S. corporate | Industrial
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,350	1,271
Gross unrealized gains, fixed maturity securities	157
Gross unrealized losses, fixed maturity securities	(4)
Allowance for credit losses	0
Fair value, fixed maturity securities	1,503	1,396
Fixed maturity securities | U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,580	2,345
Gross unrealized gains, fixed maturity securities	454
Gross unrealized losses, fixed maturity securities	(6)
Allowance for credit losses	0
Fair value, fixed maturity securities	3,028	2,711
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,748	1,590
Gross unrealized gains, fixed maturity securities	224
Gross unrealized losses, fixed maturity securities	(6)
Allowance for credit losses	0
Fair value, fixed maturity securities	1,966	1,760
Fixed maturity securities | U.S. corporate | Transportation
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,335	1,320
Gross unrealized gains, fixed maturity securities	254
Gross unrealized losses, fixed maturity securities	(24)
Allowance for credit losses	0
Fair value, fixed maturity securities	1,565	1,506
Fixed maturity securities | U.S. corporate | Other
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	340	292
Gross unrealized gains, fixed maturity securities	38
Gross unrealized losses, fixed maturity securities	0
Allowance for credit losses	0
Fair value, fixed maturity securities	378	322
Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	9,673	9,469
Gross unrealized gains, fixed maturity securities	1,263
Gross unrealized losses, fixed maturity securities	(47)
Allowance for credit losses	4	0
Fair value, fixed maturity securities	10,885	10,525
Fixed maturity securities | Non-U.S. corporate | Utilities
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	811	779
Gross unrealized gains, fixed maturity securities	68
Gross unrealized losses, fixed maturity securities	0
Allowance for credit losses	0
Fair value, fixed maturity securities	879	829
Fixed maturity securities | Non-U.S. corporate | Energy
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,141	1,140
Gross unrealized gains, fixed maturity securities	148
Gross unrealized losses, fixed maturity securities	(14)
Allowance for credit losses	0
Fair value, fixed maturity securities	1,275	1,319
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,199	2,087
Gross unrealized gains, fixed maturity securities	284
Gross unrealized losses, fixed maturity securities	(16)
Allowance for credit losses	(1)
Fair value, fixed maturity securities	2,466	2,319
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	692	631
Gross unrealized gains, fixed maturity securities	86
Gross unrealized losses, fixed maturity securities	(1)
Allowance for credit losses	0
Fair value, fixed maturity securities	777	684
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,066	1,010
Gross unrealized gains, fixed maturity securities	182
Gross unrealized losses, fixed maturity securities	(1)
Allowance for credit losses	0
Fair value, fixed maturity securities	1,247	1,138
Fixed maturity securities | Non-U.S. corporate | Industrial
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	883	896
Gross unrealized gains, fixed maturity securities	116
Gross unrealized losses, fixed maturity securities	(4)
Allowance for credit losses	0
Fair value, fixed maturity securities	995	988
Fixed maturity securities | Non-U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	565	565
Gross unrealized gains, fixed maturity securities	50
Gross unrealized losses, fixed maturity securities	(2)
Allowance for credit losses	0
Fair value, fixed maturity securities	613	605
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	380	373
Gross unrealized gains, fixed maturity securities	27
Gross unrealized losses, fixed maturity securities	0
Allowance for credit losses	0
Fair value, fixed maturity securities	407	397
Fixed maturity securities | Non-U.S. corporate | Transportation
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	560	557
Gross unrealized gains, fixed maturity securities	84
Gross unrealized losses, fixed maturity securities	(6)
Allowance for credit losses	(3)
Fair value, fixed maturity securities	635	629
Fixed maturity securities | Non-U.S. corporate | Other
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,376	1,431
Gross unrealized gains, fixed maturity securities	218
Gross unrealized losses, fixed maturity securities	(3)
Allowance for credit losses	0
Fair value, fixed maturity securities	1,591	1,617
Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	1,927	2,057
Gross unrealized gains, fixed maturity securities	259
Gross unrealized losses, fixed maturity securities	(2)
Allowance for credit losses	0
Fair value, fixed maturity securities	2,184	2,270
Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,800	2,897
Gross unrealized gains, fixed maturity securities	225
Gross unrealized losses, fixed maturity securities	(52)
Allowance for credit losses	3	0
Fair value, fixed maturity securities	2,970	3,026
Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Amortized cost or cost, fixed maturity securities	2,987	3,262
Gross unrealized gains, fixed maturity securities	30
Gross unrealized losses, fixed maturity securities	(49)
Allowance for credit losses	0
Fair value, fixed maturity securities	$ 2,968	3,285
Not other-than-temporary impairments
Schedule of Investments [Line Items]
Gross unrealized gains		6,667
Gross unrealized losses		(43)
Not other-than-temporary impairments | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		952
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		355
Gross unrealized losses, fixed maturity securities		(2)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		117
Gross unrealized losses, fixed maturity securities		(2)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		3,816
Gross unrealized losses, fixed maturity securities		(18)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Utilities
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		675
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Energy
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		303
Gross unrealized losses, fixed maturity securities		(8)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		798
Gross unrealized losses, fixed maturity securities		(1)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		796
Gross unrealized losses, fixed maturity securities		(4)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		363
Gross unrealized losses, fixed maturity securities		(1)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Industrial
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		125
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		367
Gross unrealized losses, fixed maturity securities		(1)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		172
Gross unrealized losses, fixed maturity securities		(2)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Transportation
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		187
Gross unrealized losses, fixed maturity securities		(1)
Not other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Other
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		30
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		1,061
Gross unrealized losses, fixed maturity securities		(5)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Utilities
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		50
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Energy
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		179
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		232
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		55
Gross unrealized losses, fixed maturity securities		(2)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		128
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Industrial
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		92
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		40
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		24
Gross unrealized losses, fixed maturity securities		0
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Transportation
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		73
Gross unrealized losses, fixed maturity securities		(1)
Not other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Other
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		188
Gross unrealized losses, fixed maturity securities		(2)
Not other-than-temporary impairments | Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		199
Gross unrealized losses, fixed maturity securities		(1)
Not other-than-temporary impairments | Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		137
Gross unrealized losses, fixed maturity securities		(8)
Not other-than-temporary impairments | Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		30
Gross unrealized losses, fixed maturity securities		(7)
Other-than-temporary impairments
Schedule of Investments [Line Items]
Gross unrealized gains		15
Gross unrealized losses		0
Other-than-temporary impairments | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Utilities
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Energy
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Industrial
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Transportation
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | U.S. corporate | Other
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Utilities
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Energy
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Industrial
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Capital goods
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Transportation
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Non-U.S. corporate | Other
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		15
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		0
Other-than-temporary impairments | Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Gross unrealized gains, fixed maturity securities		0
Gross unrealized losses, fixed maturity securities		$ 0

X

- Definition Amount, before tax, of unrealized gain in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, before tax, of unrealized loss in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 + Details Name: us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount before tax of unrealized gain in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount before tax of unrealized loss in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesAmortizedCost Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of allowance for credit loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 9 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aaa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 + Details Name: us-gaap_DebtSecuritiesAvailableForSaleAllowanceForCreditLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_ScheduleOfInvestmentsLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_USGovernmentAgenciesDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignGovernmentDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_DomesticCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_UtilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_EnergyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_FinancialServicesSectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerNonCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_TechnologySectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_IndustrialMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_CapitalGoodsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_TransportationMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_OtherIndustriesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_OtherAssetBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InformationByCategoryOfDebtSecurityAxis=gnw_NotOtherThanTemporarilyImpairedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InformationByCategoryOfDebtSecurityAxis=gnw_OtherThanTemporarilyImpairedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Gross Unrealized Losses and Fair Value of Investment Securities (Detail) $ in Millions	Jun. 30, 2020 USD ($) Securities	Dec. 31, 2019 USD ($) Securities
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 4,618	$ 1,452
Less than 12 months, Gross unrealized losses	$ (241)	$ (18)
Less than 12 months, Number of securities in a continuous loss position | Securities	847	231
12 months or more, Fair value	$ 465	$ 817
12 months or more, Gross unrealized losses	$ (31)	$ (25)
12 months or more, Number of securities in a continuous loss position | Securities	86	158
Fair value	$ 5,083	$ 2,269
Gross unrealized losses	$ (272)	$ (43)
Number of securities in a continuous loss position | Securities	933	389
Investment grade
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 3,731	$ 1,408
Less than 12 months, Gross unrealized losses	$ (163)	$ (14)
Less than 12 months, Number of securities in a continuous loss position | Securities	701	223
12 months or more, Fair value	$ 330	$ 702
12 months or more, Gross unrealized losses	$ (18)	$ (15)
12 months or more, Number of securities in a continuous loss position | Securities	71	145
Fair value	$ 4,061	$ 2,110
Gross unrealized losses	$ (181)	$ (29)
Number of securities in a continuous loss position | Securities	772	368
Below investment grade
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 887	$ 44
Less than 12 months, Gross unrealized losses	$ (78)	$ (4)
Less than 12 months, Number of securities in a continuous loss position | Securities	146	8
12 months or more, Fair value	$ 135	$ 115
12 months or more, Gross unrealized losses	$ (13)	$ (10)
12 months or more, Number of securities in a continuous loss position | Securities	15	13
Fair value	$ 1,022	$ 159
Gross unrealized losses	$ (91)	$ (14)
Number of securities in a continuous loss position | Securities	161	21
Fixed maturity securities
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 4,618	$ 1,452
Less than 12 months, Gross unrealized losses	$ (241)	$ (18)
Less than 12 months, Number of securities in a continuous loss position | Securities	847	231
12 months or more, Fair value	$ 465	$ 817
12 months or more, Gross unrealized losses	$ (31)	$ (25)
12 months or more, Number of securities in a continuous loss position | Securities	86	158
Fair value	$ 5,083	$ 2,269
Gross unrealized losses	$ (272)	$ (43)
Number of securities in a continuous loss position | Securities	933	389
Fixed maturity securities | Less Than 20 Percent Below Cost
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 4,538	$ 1,452
Less than 12 months, Gross unrealized losses	$ (211)	$ (18)
Less than 12 months, Number of securities in a continuous loss position | Securities	825	231
12 months or more, Fair value	$ 442	$ 807
12 months or more, Gross unrealized losses	$ (24)	$ (20)
12 months or more, Number of securities in a continuous loss position | Securities	83	155
Fair value	$ 4,980	$ 2,259
Gross unrealized losses	$ (235)	$ (38)
Number of securities in a continuous loss position | Securities	908	386
Fixed maturity securities | 20 To 50 percent below cost
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 80	$ 0
Less than 12 months, Gross unrealized losses	$ (30)	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	22	0
12 months or more, Fair value	$ 22	$ 10
12 months or more, Gross unrealized losses	$ (6)	$ (5)
12 months or more, Number of securities in a continuous loss position | Securities	2	3
Fair value	$ 102	$ 10
Gross unrealized losses	$ (36)	$ (5)
Number of securities in a continuous loss position | Securities	24	3
Fixed maturity securities | Greater Than 50 Percent Below Cost
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 0
Less than 12 months, Gross unrealized losses	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	0
12 months or more, Fair value	$ 1
12 months or more, Gross unrealized losses	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	1
Fair value	$ 1
Gross unrealized losses	$ (1)
Number of securities in a continuous loss position | Securities	1
Fixed maturity securities | State and Political Subdivisions
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 23	$ 91
Less than 12 months, Gross unrealized losses	$ (1)	$ (2)
Less than 12 months, Number of securities in a continuous loss position | Securities	6	14
12 months or more, Fair value	$ 0	$ 0
12 months or more, Gross unrealized losses	$ 0	$ 0
12 months or more, Number of securities in a continuous loss position | Securities		0
Fair value	$ 23	$ 91
Gross unrealized losses	$ (1)	$ (2)
Number of securities in a continuous loss position | Securities	6	14
Fixed maturity securities | Non-U.S. government
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 207	$ 224
Less than 12 months, Gross unrealized losses	$ (7)	$ (2)
Less than 12 months, Number of securities in a continuous loss position | Securities	18	20
12 months or more, Fair value	$ 0	$ 0
12 months or more, Gross unrealized losses	$ 0	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0	0
Fair value	$ 207	$ 224
Gross unrealized losses	$ (7)	$ (2)
Number of securities in a continuous loss position | Securities	18	20
Fixed maturity securities | U.S. corporate
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 1,785	$ 123
Less than 12 months, Gross unrealized losses	$ (107)	$ (5)
Less than 12 months, Number of securities in a continuous loss position | Securities	291	27
12 months or more, Fair value	$ 182	$ 302
12 months or more, Gross unrealized losses	$ (17)	$ (13)
12 months or more, Number of securities in a continuous loss position | Securities	18	33
Fair value	$ 1,967	$ 425
Gross unrealized losses	$ (124)	$ (18)
Number of securities in a continuous loss position | Securities	309	60
Fixed maturity securities | Non-U.S. corporate
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 613	$ 79
Less than 12 months, Gross unrealized losses	$ (37)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	125	12
12 months or more, Fair value	$ 12	$ 62
12 months or more, Gross unrealized losses	$ (2)	$ (4)
12 months or more, Number of securities in a continuous loss position | Securities	2	7
Fair value	$ 625	$ 141
Gross unrealized losses	$ (39)	$ (5)
Number of securities in a continuous loss position | Securities	127	19
Fixed maturity securities | Residential mortgage-backed
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 36	$ 22
Less than 12 months, Gross unrealized losses	$ (1)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	11	10
12 months or more, Fair value	$ 8	$ 0
12 months or more, Gross unrealized losses	$ (1)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	4	0
Fair value	$ 44	$ 22
Gross unrealized losses	$ (2)	$ (1)
Number of securities in a continuous loss position | Securities	15	10
Fixed maturity securities | Commercial mortgage-backed
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 625	$ 381
Less than 12 months, Gross unrealized losses	$ (50)	$ (5)
Less than 12 months, Number of securities in a continuous loss position | Securities	105	51
12 months or more, Fair value	$ 0	$ 14
12 months or more, Gross unrealized losses	$ 0	$ (3)
12 months or more, Number of securities in a continuous loss position | Securities	0	3
Fair value	$ 625	$ 395
Gross unrealized losses	$ (50)	$ (8)
Number of securities in a continuous loss position | Securities	105	54
Fixed maturity securities | Other asset-backed
Schedule of Investments [Line Items]
Less than 12 months, Fair value	$ 1,329	$ 532
Less than 12 months, Gross unrealized losses	$ (38)	$ (2)
Less than 12 months, Number of securities in a continuous loss position | Securities	291	97
12 months or more, Fair value	$ 263	$ 439
12 months or more, Gross unrealized losses	$ (11)	$ (5)
12 months or more, Number of securities in a continuous loss position | Securities	62	115
Fair value	$ 1,592	$ 971
Gross unrealized losses	$ (49)	$ (7)
Number of securities in a continuous loss position | Securities	353	212

X

- Definition Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale that have been in a continuous loss position for twelve months or longer. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale in a continuous loss position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27337-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition This item represents the aggregate fair value of investments in debt and equity securities in an unrealized loss position which are categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale that have been in a continuous loss position for less than twelve months. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for less than twelve months. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for twelve months or longer. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Number of investment positions in available-for-sale investments in a continuous unrealized loss position for less than one year or normal operating cycle, if longer, for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear Namespace Prefix: us-gaap_ Data Type: xbrli:integerItemType Balance Type: na Period Type: instant

X

- Definition Number of investment positions in available-for-sale investments in a continuous unrealized loss position for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27290-111563 + Details Name: us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 Namespace Prefix: us-gaap_ Data Type: xbrli:integerItemType Balance Type: na Period Type: instant

X

- Definition Number of investment positions in available-for-sale investments that have been in a continuous unrealized loss position for greater than or equal to a year for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement. + References No definition available. + Details Name: us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear Namespace Prefix: us-gaap_ Data Type: xbrli:integerItemType Balance Type: na Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_ScheduleOfInvestmentsLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_ExternalCreditRatingByGroupingAxis=us-gaap_ExternalCreditRatingInvestmentGradeMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ExternalCreditRatingByGroupingAxis=us-gaap_ExternalCreditRatingNonInvestmentGradeMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ConcentrationRiskByTypeAxis=gnw_LessThanTwentyPercentBelowCostMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ConcentrationRiskByTypeAxis=gnw_TwentyToFiftyPercentBelowCostMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ConcentrationRiskByTypeAxis=gnw_GreaterThanFiftyPercentBelowCostMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignGovernmentDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_DomesticCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_OtherAssetBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Gross Unrealized Losses and Fair Value of Corporate Securities Based on Industries (Detail) $ in Millions	Jun. 30, 2020 USD ($) Securities	Dec. 31, 2019 USD ($) Securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 4,618	$ 1,452
Less than 12 months, Gross unrealized losses	$ (241)	$ (18)
Less than 12 months, Number of securities in a continuous loss position | Securities	847	231
12 months or more, Fair value	$ 465	$ 817
12 months or more, Gross unrealized losses	$ (31)	$ (25)
12 months or more, Number of securities in a continuous loss position | Securities	86	158
Fair value	$ 5,083	$ 2,269
Gross unrealized losses	$ (272)	$ (43)
Number of securities in a continuous loss position | Securities	933	389
Fixed maturity securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 4,618	$ 1,452
Less than 12 months, Gross unrealized losses	$ (241)	$ (18)
Less than 12 months, Number of securities in a continuous loss position | Securities	847	231
12 months or more, Fair value	$ 465	$ 817
12 months or more, Gross unrealized losses	$ (31)	$ (25)
12 months or more, Number of securities in a continuous loss position | Securities	86	158
Fair value	$ 5,083	$ 2,269
Gross unrealized losses	$ (272)	$ (43)
Number of securities in a continuous loss position | Securities	933	389
Fixed maturity securities | U.S. corporate
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 1,785	$ 123
Less than 12 months, Gross unrealized losses	$ (107)	$ (5)
Less than 12 months, Number of securities in a continuous loss position | Securities	291	27
12 months or more, Fair value	$ 182	$ 302
12 months or more, Gross unrealized losses	$ (17)	$ (13)
12 months or more, Number of securities in a continuous loss position | Securities	18	33
Fair value	$ 1,967	$ 425
Gross unrealized losses	$ (124)	$ (18)
Number of securities in a continuous loss position | Securities	309	60
Fixed maturity securities | U.S. corporate | Utilities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 35
Less than 12 months, Gross unrealized losses	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	6
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0
Fair value	$ 35
Gross unrealized losses	$ (1)
Number of securities in a continuous loss position | Securities	6
Fixed maturity securities | U.S. corporate | Energy
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 594	$ 54
Less than 12 months, Gross unrealized losses	$ (50)	$ (3)
Less than 12 months, Number of securities in a continuous loss position | Securities	93	10
12 months or more, Fair value	$ 88	$ 80
12 months or more, Gross unrealized losses	$ (13)	$ (5)
12 months or more, Number of securities in a continuous loss position | Securities	11	10
Fair value	$ 682	$ 134
Gross unrealized losses	$ (63)	$ (8)
Number of securities in a continuous loss position | Securities	104	20
Fixed maturity securities | U.S. corporate | Finance and insurance
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 429	$ 0
Less than 12 months, Gross unrealized losses	$ (14)	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	56	0
12 months or more, Fair value	$ 0	$ 34
12 months or more, Gross unrealized losses	$ 0	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	0	4
Fair value	$ 429	$ 34
Gross unrealized losses	$ (14)	$ (1)
Number of securities in a continuous loss position | Securities	56	4
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 80	$ 34
Less than 12 months, Gross unrealized losses	$ (1)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	17	9
12 months or more, Fair value	$ 43	$ 93
12 months or more, Gross unrealized losses	$ (1)	$ (3)
12 months or more, Number of securities in a continuous loss position | Securities	2	9
Fair value	$ 123	$ 127
Gross unrealized losses	$ (2)	$ (4)
Number of securities in a continuous loss position | Securities	19	18
Fixed maturity securities | U.S. corporate | Technology and communications
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 89	$ 0
Less than 12 months, Gross unrealized losses	$ (4)	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	20	0
12 months or more, Fair value	$ 0	$ 18
12 months or more, Gross unrealized losses	$ 0	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	0	2
Fair value	$ 89	$ 18
Gross unrealized losses	$ (4)	$ (1)
Number of securities in a continuous loss position | Securities	20	2
Fixed maturity securities | U.S. corporate | Industrial
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 98
Less than 12 months, Gross unrealized losses	$ (4)
Less than 12 months, Number of securities in a continuous loss position | Securities	9
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0
Fair value	$ 98
Gross unrealized losses	$ (4)
Number of securities in a continuous loss position | Securities	9
Fixed maturity securities | U.S. corporate | Capital goods
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 90	$ 35
Less than 12 months, Gross unrealized losses	$ (5)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	14	8
12 months or more, Fair value	$ 14	$ 0
12 months or more, Gross unrealized losses	$ (1)	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	1	0
Fair value	$ 104	$ 35
Gross unrealized losses	$ (6)	$ (1)
Number of securities in a continuous loss position | Securities	15	8
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 181	$ 0
Less than 12 months, Gross unrealized losses	$ (4)	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	32	0
12 months or more, Fair value	$ 37	$ 54
12 months or more, Gross unrealized losses	$ (2)	$ (2)
12 months or more, Number of securities in a continuous loss position | Securities	4	6
Fair value	$ 218	$ 54
Gross unrealized losses	$ (6)	$ (2)
Number of securities in a continuous loss position | Securities	36	6
Fixed maturity securities | U.S. corporate | Transportation
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 189	$ 0
Less than 12 months, Gross unrealized losses	$ (24)	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	44	0
12 months or more, Fair value	$ 0	$ 23
12 months or more, Gross unrealized losses	$ 0	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	0	2
Fair value	$ 189	$ 23
Gross unrealized losses	$ (24)	$ (1)
Number of securities in a continuous loss position | Securities	44	2
Fixed maturity securities | Non-U.S. corporate
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 613	$ 79
Less than 12 months, Gross unrealized losses	$ (37)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	125	12
12 months or more, Fair value	$ 12	$ 62
12 months or more, Gross unrealized losses	$ (2)	$ (4)
12 months or more, Number of securities in a continuous loss position | Securities	2	7
Fair value	$ 625	$ 141
Gross unrealized losses	$ (39)	$ (5)
Number of securities in a continuous loss position | Securities	127	19
Fixed maturity securities | Non-U.S. corporate | Energy
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 150
Less than 12 months, Gross unrealized losses	$ (14)
Less than 12 months, Number of securities in a continuous loss position | Securities	23
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0
Fair value	$ 150
Gross unrealized losses	$ (14)
Number of securities in a continuous loss position | Securities	23
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 215
Less than 12 months, Gross unrealized losses	$ (10)
Less than 12 months, Number of securities in a continuous loss position | Securities	43
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0
Fair value	$ 215
Gross unrealized losses	$ (10)
Number of securities in a continuous loss position | Securities	43
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 0	$ 0
Less than 12 months, Gross unrealized losses	$ 0	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	0	0
12 months or more, Fair value	$ 6	$ 31
12 months or more, Gross unrealized losses	$ (1)	$ (2)
12 months or more, Number of securities in a continuous loss position | Securities	1	3
Fair value	$ 6	$ 31
Gross unrealized losses	$ (1)	$ (2)
Number of securities in a continuous loss position | Securities	1	3
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 34
Less than 12 months, Gross unrealized losses	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	16
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0
Fair value	$ 34
Gross unrealized losses	$ (1)
Number of securities in a continuous loss position | Securities	16
Fixed maturity securities | Non-U.S. corporate | Industrial
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 80
Less than 12 months, Gross unrealized losses	$ (4)
Less than 12 months, Number of securities in a continuous loss position | Securities	11
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0
Fair value	$ 80
Gross unrealized losses	$ (4)
Number of securities in a continuous loss position | Securities	11
Fixed maturity securities | Non-U.S. corporate | Capital goods
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 62
Less than 12 months, Gross unrealized losses	$ (2)
Less than 12 months, Number of securities in a continuous loss position | Securities	8
12 months or more, Fair value	$ 0
12 months or more, Gross unrealized losses	$ 0
12 months or more, Number of securities in a continuous loss position | Securities	0
Fair value	$ 62
Gross unrealized losses	$ (2)
Number of securities in a continuous loss position | Securities	8
Fixed maturity securities | Non-U.S. corporate | Transportation
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 42	$ 0
Less than 12 months, Gross unrealized losses	$ (4)	$ 0
Less than 12 months, Number of securities in a continuous loss position | Securities	15	0
12 months or more, Fair value	$ 0	$ 25
12 months or more, Gross unrealized losses	$ 0	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	0	3
Fair value	$ 42	$ 25
Gross unrealized losses	$ (4)	$ (1)
Number of securities in a continuous loss position | Securities	15	3
Fixed maturity securities | Non-U.S. corporate | Other
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 30	$ 79
Less than 12 months, Gross unrealized losses	$ (2)	$ (1)
Less than 12 months, Number of securities in a continuous loss position | Securities	9	12
12 months or more, Fair value	$ 6	$ 6
12 months or more, Gross unrealized losses	$ (1)	$ (1)
12 months or more, Number of securities in a continuous loss position | Securities	1	1
Fair value	$ 36	$ 85
Gross unrealized losses	$ (3)	$ (2)
Number of securities in a continuous loss position | Securities	10	13
Fixed maturity securities | Corporate Debt Securities
Available for Sale Securities Continuous Unrealized Loss Position [Line Items]
Less than 12 months, Fair value	$ 2,398	$ 202
Less than 12 months, Gross unrealized losses	$ (144)	$ (6)
Less than 12 months, Number of securities in a continuous loss position | Securities	416	39
12 months or more, Fair value	$ 194	$ 364
12 months or more, Gross unrealized losses	$ (19)	$ (17)
12 months or more, Number of securities in a continuous loss position | Securities	20	40
Fair value	$ 2,592	$ 566
Gross unrealized losses	$ (163)	$ (23)
Number of securities in a continuous loss position | Securities	436	79

X

- Definition Available for Sale Securities Continuous Unrealized Loss Position [Line Items] + References No definition available. + Details Name: gnw_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale that have been in a continuous loss position for twelve months or longer. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale in a continuous loss position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27337-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition This item represents the aggregate fair value of investments in debt and equity securities in an unrealized loss position which are categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale that have been in a continuous loss position for less than twelve months. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for less than twelve months. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for twelve months or longer. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Number of investment positions in available-for-sale investments in a continuous unrealized loss position for less than one year or normal operating cycle, if longer, for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear Namespace Prefix: us-gaap_ Data Type: xbrli:integerItemType Balance Type: na Period Type: instant

X

- Definition Number of investment positions in available-for-sale investments in a continuous unrealized loss position for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27290-111563 + Details Name: us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 Namespace Prefix: us-gaap_ Data Type: xbrli:integerItemType Balance Type: na Period Type: instant

X

- Definition Number of investment positions in available-for-sale investments that have been in a continuous unrealized loss position for greater than or equal to a year for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement. + References No definition available. + Details Name: us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear Namespace Prefix: us-gaap_ Data Type: xbrli:integerItemType Balance Type: na Period Type: instant

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_DomesticCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_UtilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_EnergyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_FinancialServicesSectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerNonCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_TechnologySectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_IndustrialMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_CapitalGoodsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_TransportationMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_OtherIndustriesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Scheduled Maturity Distribution of Fixed Maturity Securities (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Amortized cost or cost
Due one year or less	$ 1,494
Due after one year through five years	9,518
Due after five years through ten years	12,978
Due after ten years	23,130
Subtotal	47,120
Amortized cost or cost, fixed maturity securities	54,834
Fair value
Due one year or less	1,517
Due after one year through five years	10,054
Due after five years through ten years	14,478
Due after ten years	29,373
Subtotal	55,422
Fair value, fixed maturity securities	63,544	$ 60,339
Residential mortgage-backed
Amortized cost or cost
Fixed maturity securities	1,927
Fair value
Fixed maturity securities	2,184
Commercial mortgage-backed
Amortized cost or cost
Fixed maturity securities	2,800
Fair value
Fixed maturity securities	2,970
Other asset-backed
Amortized cost or cost
Fixed maturity securities	2,987
Fair value
Fixed maturity securities	$ 2,968

X

- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 + Details Name: us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCostBasisRollingMaturityAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValueRollingMaturityAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in next rolling fiscal year following latest fiscal year. For interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in next rolling fiscal year following latest fiscal year. For interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing after rolling tenth fiscal year following latest fiscal year. For interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing after rolling tenth fiscal year following latest fiscal year. For interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amortized cost of investment in debt security, measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in rolling sixth through tenth fiscal year following latest fiscal year. For interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value of investment in debt security, measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in rolling sixth through tenth fiscal year following latest fiscal year. For interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in next rolling fiscal year through fifth year following latest fiscal year. For interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value of investment in debt security, measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date, maturing in next rolling fiscal year through fifth year following latest fiscal year. For interim and annual periods when interim period is reported on rolling approach, from latest statement of financial position date. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=120252992&loc=SL120269850-112803 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27198-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), with single maturity date and allocated without single maturity date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27198-111563 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=120252992&loc=d3e62586-112803 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), without single maturity date and not allocated over maturity grouping. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27198-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), without single maturity date and not allocated over maturity grouping. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27198-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_CommercialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=gnw_OtherAssetBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Distribution Across Property Type and Geographic Region for Commercial Mortgage Loans (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 6,945	$ 6,976
Commercial mortgage loans, recorded investment		6,980
Unamortized balance of loan origination fees and costs	$ 0	$ (4)
% of total	100.00%	100.00%
Allowance for credit losses	$ (28)	$ (13)
Commercial mortgage loans, net	6,917	6,963
Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	6,945	6,980
Unamortized balance of loan origination fees and costs	$ 0	$ (4)
% of total	100.00%	100.00%
Allowance for credit losses	$ (28)	$ (13)
Commercial mortgage loans, net	6,917	6,963
South Atlantic | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,751	$ 1,715
% of total	25.00%	25.00%
Pacific | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,623	$ 1,673
% of total	23.00%	24.00%
Middle Atlantic | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 989	$ 992
% of total	14.00%	14.00%
Mountain | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 765	$ 753
% of total	11.00%	11.00%
West North Central | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 476	$ 488
% of total	7.00%	7.00%
East North Central | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 457	$ 455
% of total	7.00%	6.00%
West South Central | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 436	$ 433
% of total	6.00%	6.00%
New England | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 254	$ 257
% of total	4.00%	4.00%
East South Central | Commercial Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 194	$ 214
% of total	3.00%	3.00%
Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,531	$ 2,590
% of total	36.00%	37.00%
Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,655	$ 1,670
% of total	24.00%	24.00%
Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,636	$ 1,632
% of total	24.00%	23.00%
Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 583	$ 541
% of total	8.00%	8.00%
Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 279	$ 281
% of total	4.00%	4.00%
Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 261	$ 266
% of total	4.00%	4.00%

X

- Definition This item represents the recorded investment of certain commercial mortgage loans as a percentage of the total recorded investment of commercial mortgage loans. + References No definition available. + Details Name: gnw_PercentageOfRecordedInvestmentCommercialMortgageLoans Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- References No definition available. + Details Name: srt_MortgageLoansOnRealEstateLineItems Namespace Prefix: srt_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The reserve to cover probable credit losses related to specifically identified fixed maturity real estate loans as well as probable credit losses inherent in the remainder of that loan portfolio. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121581245&loc=d3e21338-158488 + Details Name: us-gaap_AllowanceForLoanAndLeaseLossesRealEstate Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, before allowance for credit loss and fee, of financing receivable. Excludes financing receivable covered under loss sharing agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121593590&loc=d3e4428-111522 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details Name: us-gaap_FinancingReceivableBeforeAllowanceForCreditLossAndFee Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of unamortized loan commitment, origination, and other fees (costs) on financing receivable. Excludes financing receivable covered under loss sharing agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6378536&loc=d3e10092-111533 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5074-111524 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84159169&loc=d3e10152-111534 + Details Name: us-gaap_FinancingReceivableUnamortizedLoanFeeCost Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition The balance represents the amount of loans that are secured by real estate mortgages, offset by the reserve to cover probable credit losses on the loan portfolio. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(c)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details Name: us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount, before allowance for credit loss, of financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 + Details Name: us-gaap_NotesReceivableGross Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: us-gaap_MajorPropertyClassAxis=us-gaap_CommercialLoanMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_SouthAtlanticMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_PacificMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_MiddleAtlanticMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_MountainMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_WestNorthCentralMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_EastNorthCentralMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_WestSouthCentralMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_NewEnglandMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_StatementGeographicalAxis=gnw_EastSouthCentralMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_RetailSiteMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_IndustrialPropertyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OfficeBuildingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_ApartmentBuildingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=gnw_MixedUseMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OtherPropertyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Aging of Past Due Commercial Mortgage Loans by Property Type (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 6,945	$ 6,976
Commercial mortgage loans, recorded investment		$ 6,980
% of total	100.00%	100.00%
Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,531	$ 2,590
% of total	36.00%	37.00%
Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,655	$ 1,670
% of total	24.00%	24.00%
Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,636	$ 1,632
% of total	24.00%	23.00%
Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 583	$ 541
% of total	8.00%	8.00%
Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 279	$ 281
% of total	4.00%	4.00%
Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 261	$ 266
% of total	4.00%	4.00%
31-60 days past due
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 10	$ 0
% of total	0.00%	0.00%
31-60 days past due | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 10	$ 0
31-60 days past due | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
31-60 days past due | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
31-60 days past due | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
31-60 days past due | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
31-60 days past due | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
61-90 days past due
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
% of total	0.00%	0.00%
61-90 days past due | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
61-90 days past due | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
61-90 days past due | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
61-90 days past due | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
61-90 days past due | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
61-90 days past due | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 90 days past due
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
% of total	0.00%	0.00%
Greater than 90 days past due | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
Greater than 90 days past due | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 90 days past due | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 90 days past due | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 90 days past due | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 90 days past due | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Total past due
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 10	$ 0
% of total	0.00%	0.00%
Total past due | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 10	$ 0
Total past due | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Total past due | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Total past due | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Total past due | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Total past due | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Current
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 6,935	$ 6,980
% of total	100.00%	100.00%
Current | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,521	$ 2,590
Current | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	1,655	1,670
Current | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	1,636	1,632
Current | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	583	541
Current | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	279	281
Current | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 261	$ 266

X

- Definition This item represents the recorded investment of certain commercial mortgage loans as a percentage of the total recorded investment of commercial mortgage loans. + References No definition available. + Details Name: gnw_PercentageOfRecordedInvestmentCommercialMortgageLoans Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- References No definition available. + Details Name: srt_MortgageLoansOnRealEstateLineItems Namespace Prefix: srt_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, before allowance for credit loss and fee, of financing receivable. Excludes financing receivable covered under loss sharing agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121593590&loc=d3e4428-111522 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details Name: us-gaap_FinancingReceivableBeforeAllowanceForCreditLossAndFee Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount, before allowance for credit loss, of financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 + Details Name: us-gaap_NotesReceivableGross Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_RetailSiteMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_IndustrialPropertyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OfficeBuildingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_ApartmentBuildingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=gnw_MixedUseMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OtherPropertyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancingReceivablesPeriodPastDueAxis=gnw_ThirtyOneToSixtyDaysPastDueMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancingReceivablesPeriodPastDueAxis=gnw_SixtyOneToNinetyDaysPastDueMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancingReceivablesPeriodPastDueAxis=gnw_GreaterThanNinetyDaysPastDueMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancingReceivablesPeriodPastDueAxis=gnw_PastDueMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancingReceivablesPeriodPastDueAxis=gnw_CurrentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Allowance for Credit Losses and Recorded Investment in Commercial Mortgage Loans (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance			$ 13
Ending balance	$ 28		28
Allowance for Credit Losses
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	29	$ 10	13	$ 9
Cumulative effect of change in accounting	0	0	16	0
Provision	(1)	1	(1)	2
Write-offs	0	0	0	0
Recoveries	0	0	0	0
Ending balance	$ 28	$ 11	$ 28	$ 11

X

- Definition Allowance for loan and lease losses cumulative effect of change in accounting. + References No definition available. + Details Name: gnw_AllowanceForLoanAndLeaseLossesCumulativeEffectOfChangeInAccounting Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 + Details Name: us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The reserve to cover probable credit losses related to specifically identified fixed maturity real estate loans as well as probable credit losses inherent in the remainder of that loan portfolio. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121581245&loc=d3e21338-158488 + Details Name: us-gaap_AllowanceForLoanAndLeaseLossesRealEstate Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 + Details Name: us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of expense related to estimated loss from loan and lease transactions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.11) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 + Details Name: us-gaap_ProvisionForLoanAndLeaseLosses Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Details Name: us-gaap_ValuationAllowancesAndReservesTypeAxis=gnw_AllowanceForCreditLossesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Loan-to-Value of Commercial Mortgage Loans by Property Type (Detail) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2020 USD ($)	Dec. 31, 2019 USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 6,945	$ 6,976
Commercial mortgage loans, recorded investment		$ 6,980
% of total	100.00%	100.00%
Weighted-average debt service coverage ratio	1.90	1.90
Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,531	$ 2,590
% of total	36.00%	37.00%
Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,655	$ 1,670
% of total	24.00%	24.00%
Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,636	$ 1,632
% of total	24.00%	23.00%
Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 583	$ 541
% of total	8.00%	8.00%
Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 279	$ 281
% of total	4.00%	4.00%
Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 261	$ 266
% of total	4.00%	4.00%
0% - 50%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,630	$ 2,694
% of total	38.00%	39.00%
Weighted-average debt service coverage ratio	2.31	2.32
0% - 50% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 963	$ 986
0% - 50% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	758	808
0% - 50% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	530	529
0% - 50% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	218	211
0% - 50% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	104	104
0% - 50% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	57	56
51% - 60%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 1,505	$ 1,545
% of total	22.00%	22.00%
Weighted-average debt service coverage ratio	1.80	1.81
51% - 60% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 572	$ 579
51% - 60% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	344	337
51% - 60% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	359	380
51% - 60% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	98	110
51% - 60% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	67	70
51% - 60% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	65	69
61% - 75%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 2,802	$ 2,741
% of total	40.00%	39.00%
Weighted-average debt service coverage ratio	1.56	1.55
61% - 75% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 996	$ 1,025
61% - 75% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	553	525
61% - 75% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	739	723
61% - 75% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	267	220
61% - 75% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	108	107
61% - 75% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	139	141
76% - 100%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 8	$ 0
% of total	0.00%	0.00%
Weighted-average debt service coverage ratio	1.42	0
76% - 100% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
76% - 100% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
76% - 100% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	8	0
76% - 100% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
76% - 100% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
76% - 100% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100%
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
% of total	0.00%	0.00%
Weighted-average debt service coverage ratio	0	0
Greater than 100% | Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0
Greater than 100% | Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100% | Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100% | Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100% | Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	0	0
Greater than 100% | Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, amortized cost	$ 0	$ 0

X

- Definition This item represents the recorded investment of certain commercial mortgage loans as a percentage of the total recorded investment of commercial mortgage loans. + References No definition available. + Details Name: gnw_PercentageOfRecordedInvestmentCommercialMortgageLoans Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition This item represents the normalized annual income of the borrowers compared to the payments required under the terms of the corresponding loans. + References No definition available. + Details Name: gnw_WeightedAverageDebtServiceCoverageRatio Namespace Prefix: gnw_ Data Type: xbrli:decimalItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: srt_MortgageLoansOnRealEstateLineItems Namespace Prefix: srt_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, before allowance for credit loss and fee, of financing receivable. Excludes financing receivable covered under loss sharing agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121593590&loc=d3e4428-111522 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details Name: us-gaap_FinancingReceivableBeforeAllowanceForCreditLossAndFee Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount, before allowance for credit loss, of financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 + Details Name: us-gaap_NotesReceivableGross Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_RetailSiteMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_IndustrialPropertyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OfficeBuildingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_ApartmentBuildingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=gnw_MixedUseMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OtherPropertyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_ZeroPercentToFiftyPercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_FiftyOnePercentToSixtyPercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_SixtyOnePercentToSeventyFivePercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_SeventySixPercentToOneHundredPercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_GreaterThanHundredPercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Debt Service Coverage Ratio for Fixed Rate Commercial Mortgage Loans by Property Type (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,945	$ 6,976
% of total	100.00%	100.00%
Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 6,945	$ 6,980
% of total	100.00%	100.00%
Weighted-average loan-to-value	54.00%	54.00%
Retail
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,531	$ 2,590
% of total	36.00%	37.00%
Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,531	$ 2,590
Industrial
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,655	$ 1,670
% of total	24.00%	24.00%
Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,655	$ 1,670
Office
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,636	$ 1,632
% of total	24.00%	23.00%
Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,636	$ 1,632
Apartments
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 583	$ 541
% of total	8.00%	8.00%
Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 583	$ 541
Mixed Use
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 279	$ 281
% of total	4.00%	4.00%
Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 279	$ 281
Other
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 261	$ 266
% of total	4.00%	4.00%
Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 261	$ 266
Less than 1.00 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 162	$ 190
% of total	3.00%	3.00%
Weighted-average loan-to-value	57.00%	59.00%
Less than 1.00 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 63	$ 68
Less than 1.00 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	24	24
Less than 1.00 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	28	44
Less than 1.00 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	11	16
Less than 1.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	3	4
Less than 1.00 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	33	34
1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 500	$ 476
% of total	7.00%	7.00%
Weighted-average loan-to-value	61.00%	61.00%
1.00 - 1.25 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 136	$ 141
1.00 - 1.25 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	64	51
1.00 - 1.25 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	112	89
1.00 - 1.25 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	25	32
1.00 - 1.25 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	18	16
1.00 - 1.25 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	145	147
1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,317	$ 1,280
% of total	19.00%	18.00%
Weighted-average loan-to-value	63.00%	63.00%
1.26 - 1.50 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 599	$ 596
1.26 - 1.50 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	215	221
1.26 - 1.50 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	269	277
1.26 - 1.50 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	178	129
1.26 - 1.50 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	37	37
1.26 - 1.50 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	19	20
1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,860	$ 2,870
% of total	41.00%	41.00%
Weighted-average loan-to-value	58.00%	58.00%
1.51 - 2.00 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 1,118	$ 1,148
1.51 - 2.00 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	670	658
1.51 - 2.00 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	751	751
1.51 - 2.00 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	184	175
1.51 - 2.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	106	107
1.51 - 2.00 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	31	31
Greater than 2.00 | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 2,106	$ 2,164
% of total	30.00%	31.00%
Weighted-average loan-to-value	41.00%	41.00%
Greater than 2.00 | Retail | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 615	$ 637
Greater than 2.00 | Industrial | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	682	716
Greater than 2.00 | Office | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	476	471
Greater than 2.00 | Apartments | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	185	189
Greater than 2.00 | Mixed Use | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	115	117
Greater than 2.00 | Other | Fixed Rate Commercial Mortgage Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Commercial mortgage loans, recorded investment	$ 33	$ 34

X

- Definition This item represents the recorded investment of certain commercial mortgage loans as a percentage of the total recorded investment of commercial mortgage loans. + References No definition available. + Details Name: gnw_PercentageOfRecordedInvestmentCommercialMortgageLoans Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition This item represents the gross carrying amount of the loans compared to the value of the underlying properties. + References No definition available. + Details Name: gnw_WeightedAverageLoanToValue Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: srt_MortgageLoansOnRealEstateLineItems Namespace Prefix: srt_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, before allowance for credit loss, of financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 + Details Name: us-gaap_NotesReceivableGross Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis=gnw_FixedRateCommercialMortgageLoansMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_RetailSiteMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_IndustrialPropertyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OfficeBuildingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_ApartmentBuildingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=gnw_MixedUseMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OtherPropertyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_LessThanOneMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_OneToOnePointTwoFiveMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_OnePointTwoSixToOnePointFiveZeroMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_OnePointFiveOneToTwoMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_GreaterThanTwoMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Commercial Mortgage Loans By Year of Origination and Credit Quality Indicator (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	$ 6,945	$ 6,976
Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	6,945	6,980
Write-offs, gross	0
Recoveries	0
Write-offs, net	0
0% - 50%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	2,630	2,694
0% - 50% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	2,630
51% - 60%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	1,505	1,545
51% - 60% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	1,505
61% - 75%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	2,802	2,741
61% - 75% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	2,802
76% - 100%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	8	0
76% - 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	8
Greater than 100%
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0	0
Greater than 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
Less than 1.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	162	190
1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	500	476
1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	1,317	1,280
1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	2,860	2,870
Greater than 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	2,106	$ 2,164
2020 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	269
Write-offs, gross	0
Recoveries	0
Write-offs, net	0
2020 | 0% - 50% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	4
2020 | 51% - 60% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	29
2020 | 61% - 75% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	236
2020 | 76% - 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2020 | Greater than 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2020 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2020 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	39
2020 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	62
2020 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	130
2020 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	38
2019 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	796
Write-offs, gross	0
Recoveries	0
Write-offs, net	0
2019 | 0% - 50% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	15
2019 | 51% - 60% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	33
2019 | 61% - 75% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	748
2019 | 76% - 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2019 | Greater than 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2019 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2019 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	12
2019 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	359
2019 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	357
2019 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	68
2018 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	1,000
Write-offs, gross	0
Recoveries	0
Write-offs, net	0
2018 | 0% - 50% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	36
2018 | 51% - 60% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	190
2018 | 61% - 75% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	766
2018 | 76% - 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	8
2018 | Greater than 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2018 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	33
2018 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	107
2018 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	261
2018 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	505
2018 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	94
2017 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	731
Write-offs, gross	0
Recoveries	0
Write-offs, net	0
2017 | 0% - 50% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	105
2017 | 51% - 60% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	289
2017 | 61% - 75% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	337
2017 | 76% - 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2017 | Greater than 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2017 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	3
2017 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	73
2017 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	97
2017 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	322
2017 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	236
2016 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	499
Write-offs, gross	0
Recoveries	0
Write-offs, net	0
2016 | 0% - 50% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	118
2016 | 51% - 60% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	155
2016 | 61% - 75% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	226
2016 | 76% - 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2016 | Greater than 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2016 | Less than 1.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2016 | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	13
2016 | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	88
2016 | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	268
2016 | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	130
2015 and prior | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	3,650
Write-offs, gross	0
Recoveries	0
Write-offs, net	0
2015 and prior | 0% - 50% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	2,352
2015 and prior | 51% - 60% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	809
2015 and prior | 61% - 75% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	489
2015 and prior | 76% - 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2015 and prior | Greater than 100% | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	0
2015 and prior | Less than 1.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	126
2015 and prior | 1.00 - 1.25 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	256
2015 and prior | 1.26 - 1.50 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	450
2015 and prior | 1.51 - 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	1,278
2015 and prior | Greater than 2.00 | Fixed Rate Commercial Mortgage Loans [Member]
Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator [Line Items]
Commercial mortgage loans, recorded investment	$ 1,540

X

- Definition Disclosure Of Commercial Mortgage Loans By Year Of Origination And Credit Quality Indicator. + References No definition available. + Details Name: gnw_DisclosureOfCommercialMortgageLoansByYearOfOriginationAndCreditQualityIndicatorLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 + Details Name: us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 + Details Name: us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after recoveries, of loans and leases that have been written-off. + References No definition available. + Details Name: us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, before allowance for credit loss, of financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 + Details Name: us-gaap_NotesReceivableGross Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: srt_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis=gnw_FixedRateCommercialMortgageLoansMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_ZeroPercentToFiftyPercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_FiftyOnePercentToSixtyPercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_SixtyOnePercentToSeventyFivePercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_SeventySixPercentToOneHundredPercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_GreaterThanHundredPercentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_LessThanOneMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_OneToOnePointTwoFiveMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_OnePointTwoSixToOnePointFiveZeroMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_OnePointFiveOneToTwoMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_MortgageLoansOnRealEstateLoanTypeAxis=gnw_GreaterThanTwoMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: gnw_CommercialMortgageLoansOriginationYearAxis=gnw_CommercialMortgageLoansOriginationYearOneMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: gnw_CommercialMortgageLoansOriginationYearAxis=gnw_CommercialMortgageLoansOriginationYearTwoMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: gnw_CommercialMortgageLoansOriginationYearAxis=gnw_CommercialMortgageLoansOriginationYearThreeMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: gnw_CommercialMortgageLoansOriginationYearAxis=gnw_CommercialMortgageLoansOriginationYearFourMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: gnw_CommercialMortgageLoansOriginationYearAxis=gnw_CommercialMortgageLoansOriginationYearFiveMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: gnw_CommercialMortgageLoansOriginationYearAxis=gnw_CommercialMortgageLoansOriginationYearSixMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Schedule of Positions in Derivative Instruments (Detail) - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Derivative assets, fair value		$ 1,062	$ 310
Derivative liabilities, fair value		1,030	805
Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		1,029	794
Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		1	11
Other invested assets
Derivative [Line Items]
Derivative assets, fair value		1,024	290
Interest rate swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value			10
Interest rate swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		939	197
Foreign currency swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		17	4
Equity index options | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		66	81
Other foreign currency contracts | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		1	1
Other foreign currency contracts | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		2	8
GMWB embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[1]	559	323
GMWB embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value	[2]	38	20
Fixed index annuity embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		447	452
Indexed universal life embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value		23	19
Designated As Hedging Instrument
Derivative [Line Items]
Derivative assets, fair value		956	201
Derivative liabilities, fair value		0	10
Designated As Hedging Instrument | Cash Flow Hedges
Derivative [Line Items]
Derivative assets, fair value		956	201
Derivative liabilities, fair value		0	10
Designated As Hedging Instrument | Cash Flow Hedges | Interest rate swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	10
Designated As Hedging Instrument | Cash Flow Hedges | Interest rate swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		939	197
Designated As Hedging Instrument | Cash Flow Hedges | Foreign currency swaps | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Designated As Hedging Instrument | Cash Flow Hedges | Foreign currency swaps | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		17	4
Derivatives not designated as hedges
Derivative [Line Items]
Derivative assets, fair value		106	109
Derivative liabilities, fair value		1,030	795
Derivatives not designated as hedges | Equity index options | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Derivatives not designated as hedges | Equity index options | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		66	81
Derivatives not designated as hedges | Financial futures | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		0	0
Derivatives not designated as hedges | Financial futures | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Other foreign currency contracts | Other liabilities
Derivative [Line Items]
Derivative liabilities, fair value		1	1
Derivatives not designated as hedges | Other foreign currency contracts | Other invested assets
Derivative [Line Items]
Derivative assets, fair value		2	8
Derivatives not designated as hedges | GMWB embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[3]	559	323
Derivatives not designated as hedges | GMWB embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value	[4]	38	20
Derivatives not designated as hedges | Fixed index annuity embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[5]	447	452
Derivatives not designated as hedges | Fixed index annuity embedded derivatives | Other assets
Derivative [Line Items]
Derivative assets, fair value		0	0
Derivatives not designated as hedges | Indexed universal life embedded derivatives | Policyholder account balances
Derivative [Line Items]
Derivative liabilities, fair value	[6]	23	19
Derivatives not designated as hedges | Indexed universal life embedded derivatives | Reinsurance recoverable
Derivative [Line Items]
Derivative assets, fair value		$ 0	$ 0
[1] Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. [2] Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. [3] Represents the embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance. [4] Represents embedded derivatives associated with the reinsured portion of our guaranteed minimum withdrawal benefits (“GMWB”) liabilities. [5] Represents the embedded derivatives associated with our fixed index annuity liabilities. [6] Represents the embedded derivatives associated with our indexed universal life liabilities.

X

- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 + Details Name: us-gaap_DerivativeFairValueOfDerivativeAsset Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 + Details Name: us-gaap_DerivativeFairValueOfDerivativeLiability Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DerivativeLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_PolicyholderAccountBalancesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_BalanceSheetLocationAxis=us-gaap_OtherInvestmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CurrencySwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_EquityIndexOptionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_BalanceSheetLocationAxis=us-gaap_ReinsuranceRecoverableMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_IndexedUniversalLifeEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_FutureMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Activity Associated with Derivative Instruments (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2020 USD ($) Policies
Derivative [Line Items]
Notional amount, beginning balance	$ 18,013
Additions	8,132
Maturities/ terminations	(8,538)
Notional amount, ending balance	17,607
Designated As Hedging Instrument
Derivative [Line Items]
Notional amount, beginning balance	9,078
Additions	1,158
Maturities/ terminations	(1,880)
Notional amount, ending balance	8,356
Designated As Hedging Instrument | Cash Flow Hedges
Derivative [Line Items]
Notional amount, beginning balance	9,078
Additions	1,158
Maturities/ terminations	(1,880)
Notional amount, ending balance	8,356
Designated As Hedging Instrument | Cash Flow Hedges | Interest rate swaps
Derivative [Line Items]
Notional amount, beginning balance	8,968
Additions	1,158
Maturities/ terminations	(1,880)
Notional amount, ending balance	8,246
Designated As Hedging Instrument | Cash Flow Hedges | Foreign currency swaps
Derivative [Line Items]
Notional amount, beginning balance	110
Additions	0
Maturities/ terminations	0
Notional amount, ending balance	110
Derivatives not designated as hedges
Derivative [Line Items]
Notional amount, beginning balance	8,935
Additions	6,974
Maturities/ terminations	(6,658)
Notional amount, ending balance	9,251
Derivatives not designated as hedges | Interest rate swaps
Derivative [Line Items]
Notional amount, beginning balance	4,674
Additions	0
Maturities/ terminations	0
Notional amount, ending balance	4,674
Derivatives not designated as hedges | Equity index options
Derivative [Line Items]
Notional amount, beginning balance	2,451
Additions	883
Maturities/ terminations	(1,126)
Notional amount, ending balance	2,208
Derivatives not designated as hedges | Financial futures
Derivative [Line Items]
Notional amount, beginning balance	1,182
Additions	3,082
Maturities/ terminations	(2,914)
Notional amount, ending balance	1,350
Derivatives not designated as hedges | Other foreign currency contracts
Derivative [Line Items]
Notional amount, beginning balance	628
Additions	3,009
Maturities/ terminations	(2,618)
Notional amount, ending balance	$ 1,019
Derivatives not designated as hedges | GMWB embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	25,623
Additions | Policies	0
Maturities/ terminations | Policies	(992)
Notional amount, ending balance | Policies	24,631
Derivatives not designated as hedges | Fixed index annuity embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	15,441
Additions | Policies	0
Maturities/ terminations | Policies	(668)
Notional amount, ending balance | Policies	14,773
Derivatives not designated as hedges | Indexed universal life embedded derivatives
Derivative [Line Items]
Notional amount, beginning balance | Policies	884
Additions | Policies	0
Maturities/ terminations | Policies	(28)
Notional amount, ending balance | Policies	856

X

- Definition Additions during period to notional amount of derivatives. + References No definition available. + Details Name: gnw_NotionalAmountOfDerivativesAdditions Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Terminations during period of notional amount of derivatives. + References No definition available. + Details Name: gnw_NotionalAmountOfDerivativesTerminations Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Aggregate number of policies under embedded derivatives. Expressed as an absolute value. + References No definition available. + Details Name: gnw_NumberOfPolicies Namespace Prefix: gnw_ Data Type: xbrli:integerItemType Balance Type: na Period Type: instant

X

- Definition Additions during period to policies with embedded derivative features. + References No definition available. + Details Name: gnw_NumberOfPoliciesAdditions Namespace Prefix: gnw_ Data Type: xbrli:integerItemType Balance Type: na Period Type: duration

X

- Definition Maturities and/or terminations during period of policies with embedded derivative features. + References No definition available. + Details Name: gnw_NumberOfPoliciesTerminations Namespace Prefix: gnw_ Data Type: xbrli:integerItemType Balance Type: na Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DerivativeLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 + Details Name: us-gaap_DerivativeNotionalAmount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: na Period Type: instant

X

- Details Name: us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_InterestRateSwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_CurrencySwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=gnw_EquityIndexOptionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FutureMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_ForeignExchangeContractMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_GuaranteedMinimumWithdrawalBenefitsEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_IndexedUniversalLifeEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Schedule of Pre-Tax Income (Loss) Effects of Cash Flow Hedges (Detail) - Cash Flow Hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI	$ (60)	$ 198	$ 935	$ 320
Gain (loss) reclassified into net income from OCI	46	37	93	81
Gain (loss) recognized in net income (loss)	0	0	0	2
Interest Rate Swaps Hedging Assets | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI	(57)	216	984	353
Gain (loss) reclassified into net income from OCI	46	42	89	80
Gain (loss) recognized in net income (loss)	0	0	0	0
Interest Rate Swaps Hedging Assets | Net Investment Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI		0	0	0
Gain (loss) reclassified into net income from OCI		(4)	4	2
Gain (loss) recognized in net income (loss)		0	0	0
Interest Rate Swaps Hedging Liabilities | Interest Expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI	1	(20)	(62)	(32)
Gain (loss) reclassified into net income from OCI	0	0	0	0
Gain (loss) recognized in net income (loss)	0	0	0	0
Foreign currency swaps | Net Investment Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI	(4)	2	13	(1)
Gain (loss) reclassified into net income from OCI	0	(1)	0	(1)
Gain (loss) recognized in net income (loss)	$ 0	$ 0	$ 0	0
Foreign currency swaps | Net Investment Gains (Losses)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain (loss) recognized in OCI				0
Gain (loss) reclassified into net income from OCI				0
Gain (loss) recognized in net income (loss)				$ 2

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosuresLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The effective portion of net gain (loss) reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4D -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624177-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details Name: us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments representing (a) the amount of the hedge ineffectiveness and (b) the amount, if any, excluded from the assessment of hedge effectiveness. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1),(2) -URI http://asc.fasb.org/extlink&oid=121577467&loc=d3e76258-113986 + Details Name: us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount before tax of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558989&loc=d3e80720-113993 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details Name: us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Details Name: us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_InterestRateSwapsHedgingAssetsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementLocationAxis=gnw_NetInvestmentIncomeMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementLocationAxis=gnw_NetInvestmentGainsLossesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_InterestRateSwapsHedgingLiabilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementLocationAxis=us-gaap_InterestExpenseMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CurrencySwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedges (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Derivative Instruments [Abstract]
Derivatives qualifying as effective accounting hedges, beginning of period	$ 2,755	$ 1,850	$ 2,002	$ 1,781
Cumulative effect of changes in accounting:
Current period increases (decreases) in fair value, net of deferred taxes	(48)	157	735	254
Reclassification to net (income), net of deferred taxes	(30)	(24)	(60)	(52)
Derivatives qualifying as effective accounting hedges, end of period	$ 2,677	$ 1,983	$ 2,677	$ 1,983

X

- Definition Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e681-108580 + Details Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- References No definition available. + Details Name: us-gaap_DerivativeInstrumentDetailAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph c -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41638-113959 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL34724391-108580 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e689-108580 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558989&loc=d3e80720-113993 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 + Details Name: us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

v3.20.2

Reconciliation of Current Period Changes, Net of Applicable Income Taxes, for Derivatives Qualifying as Hedges (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Current period increases (decreases) in fair value, deferred taxes	$ 12	$ (41)	$ (200)	$ (66)
Reclassification to net (income), deferred taxes	$ 16	$ 13	$ 33	$ 29

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosuresLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e640-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of tax expense (benefit), before reclassification adjustments, related to increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e640-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details Name: us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

v3.20.2

Derivative Instruments - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Derivative [Line Items]
Derivatives designated as cash flow hedges gain (loss), amount expected to be reclassified to future net income (loss), net of tax	$ 2,677	$ 1,983	$ 2,755	$ 2,002	$ 1,850	$ 1,781
Year by which all forecasted transactions associated with qualifying cash flow hedges are expected to occur	2057
Derivatives designated as cash flow hedges gain (loss), amount expected to be reclassified to net income in the next 12 months, net of tax	$ 123
Amount reclassified to net income in connection with forecasted transactions that were no longer considered probable of occurring	$ 1	$ 2

X

- Definition Year through which the entity is hedging its exposure to the variability in future cash flows for forecasted transactions. + References No definition available. + Details Name: gnw_RangeOfTimeHedgedInCashFlowHedge Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e681-108580 + Details Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition The estimated net amount of existing gains or losses on cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121549185&loc=d3e80748-113994 + Details Name: us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DerivativeLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The amount of net gain (loss) reclassified into earnings in the period when cash flow hedge is discontinued because it is probable that the original forecasted transactions will not occur by the end of the original period or an additional two month time period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121549185&loc=d3e80748-113994 + Details Name: us-gaap_GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

v3.20.2

Schedule of Pre-Tax Gain (Loss) Recognized in Net Income (Loss) for Effects of Derivatives not Designated as Hedges (Detail) - Derivatives not designated as hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Derivative [Line Items]
Pre-tax gain (loss) recognized in net loss	$ 10	$ (26)	$ (99)	$ (46)
Interest rate swaps | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net loss	(2)	(3)	(12)	(4)
Equity index options | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net loss	4	10	(9)	27
Financial futures | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net loss	(123)	17	138	(27)
Other foreign currency contracts | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net loss	44	(7)	(3)	(7)
GMWB embedded derivatives | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net loss	129	(22)	(207)	23
Fixed index annuity embedded derivatives | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net loss	(45)	(20)	(13)	(58)
Indexed universal life embedded derivatives | Net Investment Gains (Losses)
Derivative [Line Items]
Pre-tax gain (loss) recognized in net loss	$ 3	$ (1)	$ 7	$ 0

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DerivativeLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959 + Details Name: us-gaap_GainLossOnDerivativeInstrumentsNetPretax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Details Name: us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementLocationAxis=gnw_NetInvestmentGainsLossesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_EquityIndexOptionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_FutureMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_IndexedUniversalLifeEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Additional Information about Derivative Assets and Liabilities Subject to Enforceable Master Netting Arrangement (Detail) - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Gross amounts recognized, derivatives assets		$ 1,062	$ 310
Gross amounts recognized, derivatives liabilities		1,030	805
Subject to enforceable master netting arrangement
Derivative [Line Items]
Gross amounts recognized, net derivatives		1,023	280
Gross amounts offset in the balance sheet, net derivatives		0	0
Net amounts presented in the balance sheet, net derivatives		1,023	280
Gross amounts not offset in the balance sheet, financial instruments, net derivatives	[1]	0	0
Collateral received		(864)	(179)
Collateral pledged		434	405
Over collateralization, net derivatives		(414)	(383)
Net amount		179	123
Subject to enforceable master netting arrangement | Derivative assets
Derivative [Line Items]
Gross amounts recognized, derivatives assets		1,024	291
Gross amounts offset in the balance sheet, derivatives assets		0	0
Net amounts presented in the balance sheet, derivatives assets		1,024	291
Gross amounts not offset in the balance sheet, financial instruments, derivatives assets	[1],[2]	(1)	(7)
Collateral received		(864)	(179)
Collateral pledged		0	0
Over collateralization, derivatives assets		19	18
Net amount, derivatives assets		178	123
Subject to enforceable master netting arrangement | Derivative liabilities
Derivative [Line Items]
Gross amounts recognized, derivatives liabilities		1	11
Gross amounts offset in the balance sheet, derivatives liabilities		0	0
Net amounts presented in the balance sheet, derivatives liabilities		1	11
Gross amounts not offset in the balance sheet, financial instruments, derivative liabilities	[1],[3]	(1)	(7)
Collateral received		0	0
Collateral pledged		(434)	(405)
Over collateralization, derivatives liabilities		433	401
Net amount, derivatives liabilities		$ (1)	$ 0
[1] Amounts represent derivative assets and/or liabilities that are presented gross within the balance sheet but are held with the same counterparty where we have a master netting arrangement. This adjustment results in presenting the net asset and net liability position for each counterparty. [2] Included $1 million of accruals on derivatives classified as other assets as of December 31, 2019 and does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019. [3] Does not include amounts related to embedded derivatives as of June 30, 2020 and December 31, 2019.

X

- Definition Amount of over collateralization related to collateral we posted to derivative counterparties. + References No definition available. + Details Name: gnw_CollateralDeliveredToCounterpartiesOnDerivativeInstrumentsOverCollateralization Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Over collateralization from counterparties related to retained collateral from derivative counterparties. + References No definition available. + Details Name: gnw_CollateralReceivedFromCounterpartiesOnDerivativeInstrumentsOverCollateralization Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value of net derivative or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, elected not to be offset against an obligation to return collateral under a master netting arrangement. + References No definition available. + Details Name: gnw_DerivativeFairValueGrossAmountNotOffsetFinancialInstrumentsNet Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value before effects of master netting arrangements, of the net of a financial asset, liability or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset (excluding amounts related to securitization entities, embedded derivatives and accruals). + References No definition available. + Details Name: gnw_DerivativeFairValueOfDerivativeGross Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, after the effects of master netting arrangements and collateralization of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. + References No definition available. + Details Name: gnw_DerivativesAssetsNetAmount Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, after the effects of master netting arrangements and collateralization, of a financial liability or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. + References No definition available. + Details Name: gnw_DerivativesLiabilitiesNetAmount Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Net amount of over collateralization related to collateral retained or posted from or to derivative counterparties. + References No definition available. + Details Name: gnw_NetCollateralFromCounterpartiesOnDerivativeInstrumentsOverCollateralization Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value of securities received as collateral against derivative assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226013-175313 + Details Name: us-gaap_DerivativeAssetFairValueOfCollateral Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details Name: us-gaap_DerivativeAssets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair values as of the balance sheet date of the net amount of all assets and liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=117331979&loc=d3e41228-113958 + Details Name: us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition The net amount as of the balance sheet date of the fair value of derivative assets and derivative liabilities that in accordance with the entity's accounting policy were offset against collateral under a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959 + Details Name: us-gaap_DerivativeFairValueAmountOffsetAgainstCollateralNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 + Details Name: us-gaap_DerivativeFairValueOfDerivativeAsset Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, after offset of derivative liability, of financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, before offset against an obligation to return collateral under a master netting arrangement. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226006-175313 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959 + Details Name: us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, after effects of master netting arrangements, of financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset offset against an obligation to return collateral. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226016-175313 + Details Name: us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 + Details Name: us-gaap_DerivativeFairValueOfDerivativeLiability Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Fair value, after offset of derivative asset, of financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, elected not to be and before offset against a right to receive collateral under a master netting arrangement. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226006-175313 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 + Details Name: us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Fair value, after effects of master netting arrangements, of financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset offset against the right to receive collateral. Includes liabilities not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226016-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details Name: us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 + Details Name: us-gaap_DerivativeFairValueOfDerivativeNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 + Details Name: us-gaap_DerivativeLiabilities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Fair value of securities pledged as collateral against derivative liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226013-175313 + Details Name: us-gaap_DerivativeLiabilityFairValueOfCollateral Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DerivativeLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_SubjectToMasterNettingArrangementMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByAssetClassAxis=us-gaap_DerivativeFinancialInstrumentsAssetsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByLiabilityClassAxis=us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Additional Information about Derivative Assets and Liabilities Subject to Enforceable Master Netting Arrangement (Parenthetical) (Detail) - Derivative assets - Subject to enforceable master netting arrangement - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Net amounts presented in the balance sheet, accruals on derivative assets	$ 1,024	$ 291
Other assets
Derivative [Line Items]
Net amounts presented in the balance sheet, accruals on derivative assets		$ 1

X

- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details Name: us-gaap_DerivativeAssets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DerivativeLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_FairValueByAssetClassAxis=us-gaap_DerivativeFinancialInstrumentsAssetsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_SubjectToMasterNettingArrangementMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Fair Value of Financial Instruments - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2020 USD ($)	Dec. 31, 2019 USD ($)
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 63,544	$ 60,339
GMWB non-performance risk impact	$ 91	62
Period end valuation	0
Fixed maturity securities | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 1,542	1,350
Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	34,395	32,111
Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	10,885	10,525
Level 2
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	59,289	56,148
Level 2 | Fixed maturity securities | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	1,542	1,350
Level 2 | Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	32,063	29,872
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 9,191	8,840
Level 2 | Fixed maturity securities | Third-Party Pricing Services
Fair Value of Financial Instruments [Line Items]
Percentage of available for sale debt securities	90.00%
Level 2 | Fixed maturity securities | Third-Party Pricing Services | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 1,527
Level 2 | Fixed maturity securities | Third-Party Pricing Services | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	30,874
Level 2 | Fixed maturity securities | Third-Party Pricing Services | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	8,589
Level 2 | Fixed maturity securities | Internal models | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	15
Level 2 | Fixed maturity securities | Internal models | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	1,189
Level 2 | Fixed maturity securities | Internal models | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	602
Level 3
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	4,255	4,191
Level 3 | Fixed maturity securities | Non-U.S. government
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	0	0
Level 3 | Fixed maturity securities | U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	2,332	2,239
Level 3 | Fixed maturity securities | Non-U.S. corporate
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	1,694	$ 1,685
Level 3 | Fixed maturity securities | Internal models
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	3,392
Level 3 | Fixed maturity securities | Broker Quotes
Fair Value of Financial Instruments [Line Items]
Available-for-sale debt securities	$ 863

X

- Definition Fair Value of Financial Instruments [Line Items] + References No definition available. + Details Name: gnw_FairValueOfFinancialInstrumentsLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition This item represents the decrease in fair value of GMWB liabilities during the period due to the impact of non-performance risk. + References No definition available. + Details Name: gnw_GmwbNonperformanceRiskImpact Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Percent of total fixed maturity securities portfolio priced using third-party pricing sources in determining fair value. + References No definition available. + Details Name: gnw_PercentageOfAvailableforsaleSecuritiesDebtSecuritiesThirdPartyPricingSources Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The valuation of financial futures at the end of the period as a result of settling the margins on these contracts on a daily basis. + References No definition available. + Details Name: gnw_PeriodEndValuation Namespace Prefix: gnw_ Data Type: xbrli:pureItemType Balance Type: na Period Type: duration

X

- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignGovernmentDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_DomesticCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ValuationTechniqueAxis=gnw_ThirdpartyPricingServicesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ValuationTechniqueAxis=gnw_InternalValuationModelMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ValuationTechniqueAxis=gnw_BrokerQuotesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Summary of Significant Inputs Used by Third-Party Pricing Services for Certain Fair Value Measurements of Fixed Maturity Securities that Classified as Level 2 (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 63,544	$ 60,339
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	5,602	5,025
Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,998	2,747
Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	1,542	1,350
Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	34,395	32,111
Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	10,885	10,525
Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,184	2,270
Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,970	3,026
Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,968	3,285
Level 2
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	59,289	56,148
Level 2 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	5,602	5,025
Level 2 | Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,935	2,645
Level 2 | Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	1,542	1,350
Level 2 | Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	32,063	29,872
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	9,191	8,840
Level 2 | Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,160	2,243
Level 2 | Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,949	3,020
Level 2 | Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	2,847	$ 3,153
Level 2 | Third-Party Pricing Services | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 5,602
Primary methodologies	Price quotes from trading desk, broker feeds
Significant inputs	Bid side prices, trade prices, Option Adjusted Spread (“OAS”) to swap curve, Bond Market Association OAS, Treasury Curve, Agency Bullet Curve, maturity to issuer spread
Level 2 | Third-Party Pricing Services | Fixed maturity securities | State and Political Subdivisions
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 2,935
Primary methodologies	Multi-dimensional attribute-based modeling systems, third-party pricing vendors
Significant inputs	Trade prices, material event notices, Municipal Market Data benchmark yields, broker quotes
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Non-U.S. government
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 1,527
Primary methodologies	Matrix pricing, spread priced to benchmark curves, price quotes from market makers
Significant inputs	Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources
Level 2 | Third-Party Pricing Services | Fixed maturity securities | U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 30,874
Primary methodologies	Multi-dimensional attribute-based modeling systems, broker quotes, price quotes from market makers, OAS-based models
Significant inputs	Bid side prices to Treasury Curve, Issuer Curve, which includes sector, quality, duration, OAS percentage and change for spread matrix, trade prices, comparative transactions, Trade Reporting and Compliance Engine (“TRACE”) reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Non-U.S. corporate
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 8,589
Primary methodologies	Multi-dimensional attribute-based modeling systems, OAS-based models, price quotes from market makers
Significant inputs	Benchmark yields, trade prices, broker quotes, comparative transactions, issuer spreads, bid-offer spread, market research publications, third-party pricing sources
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Residential mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 2,160
Primary methodologies	OAS-based models, single factor binomial models, internally priced
Significant inputs	Prepayment and default assumptions, aggregation of bonds with similar characteristics, including collateral type, vintage, tranche type, weighted-average life, weighted-average loan age, issuer program and delinquency ratio, pay up and pay down factors, TRACE reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Commercial mortgage-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 2,949
Primary methodologies	Multi-dimensional attribute-based modeling systems, pricing matrix, spread matrix priced to swap curves, Trepp commercial mortgage-backed securities analytics model
Significant inputs	Credit risk, interest rate risk, prepayment speeds, new issue data, collateral performance, origination year, tranche type, original credit ratings, weighted-average life, cash flows, spreads derived from broker quotes, bid side prices, spreads to daily updated swaps curves, TRACE reports
Level 2 | Third-Party Pricing Services | Fixed maturity securities | Other asset-backed
Fair value measurements Significant unobservable inputs [Line Items]
Available-for-sale debt securities	$ 2,847
Primary methodologies	Multi-dimensional attribute-based modeling systems, spread matrix priced to swap curves, price quotes from market makers
Significant inputs	Spreads to daily updated swaps curves, spreads derived from trade prices and broker quotes, bid side prices, new issue data, collateral performance, analysis of prepayment speeds, cash flows, collateral loss analytics, historical issue analysis, trade data from market makers, TRACE reports

X

- Definition Fair value measurements significant assumption. + References No definition available. + Details Name: gnw_FairValueMeasurementsSignificantAssumption Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Fair value measurements Significant unobservable inputs [Line Items] + References No definition available. + Details Name: gnw_FairValueMeasurementsSignificantUnobservableInputsLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Fair value measurements valuation technique. + References No definition available. + Details Name: gnw_FairValueMeasurementsValuationTechnique Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_USGovernmentAgenciesDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignGovernmentDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_DomesticCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_OtherAssetBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ValuationTechniqueAxis=gnw_ThirdpartyPricingServicesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Assets by Class of Instrument that are Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions		Jun. 30, 2020		Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		$ 63,544		$ 60,339
Available-for-sale equity securities		206		239
Derivative assets, fair value		1,062		310
Total other invested assets		2,473		1,632
Separate account assets		5,536		6,108
Total assets		71,195		67,761
Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Available-for-sale equity securities	[1]	0		0
Separate account assets	[1]	0		0
Total assets	[1]	598		503
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		1,024		290
Securities lending collateral		59		51
Short-term investments		190		211
Limited partnerships		598		503
Total other invested assets		1,871		1,055
Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0		0
Securities lending collateral	[1]	0		0
Short-term investments	[1]	0		0
Limited partnerships	[1]	598		503
Total other invested assets	[1]	598		503
Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		939		197
Interest rate swaps | Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0		0
Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		17		4
Foreign currency swaps | Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0		0
Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		66		81
Equity index options | Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0		0
Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		2		8
Other foreign currency contracts | Other invested assets | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1]	0		0
GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[2]	38		20
GMWB embedded derivatives | Reinsurance recoverable | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[1],[2]	0		0
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		5,602		5,025
Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,998		2,747
Fixed maturity securities | State and Political Subdivisions | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,542		1,350
Fixed maturity securities | Non-U.S. government | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		34,395		32,111
Fixed maturity securities | U.S. corporate | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		5,270		4,997
Fixed maturity securities | U.S. corporate | Utilities | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,594		2,699
Fixed maturity securities | U.S. corporate | Energy | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		8,403		7,774
Fixed maturity securities | U.S. corporate | Finance and insurance | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		6,277		5,701
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,411		3,245
Fixed maturity securities | U.S. corporate | Technology and communications | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,503		1,396
Fixed maturity securities | U.S. corporate | Industrial | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,028		2,711
Fixed maturity securities | U.S. corporate | Capital goods | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,966		1,760
Fixed maturity securities | U.S. corporate | Consumer-cyclical | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,565		1,506
Fixed maturity securities | U.S. corporate | Transportation | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		378		322
Fixed maturity securities | U.S. corporate | Other | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		10,885		10,525
Fixed maturity securities | Non-U.S. corporate | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		879		829
Fixed maturity securities | Non-U.S. corporate | Utilities | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,275		1,319
Fixed maturity securities | Non-U.S. corporate | Energy | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,466		2,319
Fixed maturity securities | Non-U.S. corporate | Finance and insurance | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		777		684
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,247		1,138
Fixed maturity securities | Non-U.S. corporate | Technology and communications | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		995		988
Fixed maturity securities | Non-U.S. corporate | Industrial | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		613		605
Fixed maturity securities | Non-U.S. corporate | Capital goods | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		407		397
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		635		629
Fixed maturity securities | Non-U.S. corporate | Transportation | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,591		1,617
Fixed maturity securities | Non-U.S. corporate | Other | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,184		2,270
Fixed maturity securities | Residential mortgage-backed | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,970		3,026
Fixed maturity securities | Commercial mortgage-backed | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,968		3,285
Fixed maturity securities | Other asset-backed | Net Asset Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities	[1]	0		0
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Available-for-sale equity securities		45		62
Total other invested assets	[3]	0		0
Separate account assets		5,536		6,108
Total assets		5,581		6,170
Level 1 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Securities lending collateral		0		0
Short-term investments		0		0
Limited partnerships		0		0
Total other invested assets		0		0
Level 1 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Level 1 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Level 1 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Level 1 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Level 1 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[2]	0		0
Level 1 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 1 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		59,289		56,148
Available-for-sale equity securities		108		126
Total other invested assets	[3]	22		49
Separate account assets		0		0
Total assets		60,604		56,745
Level 2 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		958		209
Securities lending collateral		59		51
Short-term investments		190		211
Limited partnerships		0		0
Total other invested assets		1,207		471
Level 2 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		939		197
Level 2 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		17		4
Level 2 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Level 2 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		2	[1]	8
Level 2 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[2]	0		0
Level 2 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		5,602		5,025
Level 2 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,935		2,645
Level 2 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,542		1,350
Level 2 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		32,063		29,872
Level 2 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,334		4,132
Level 2 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,471		2,570
Level 2 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		7,852		7,202
Level 2 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		6,174		5,607
Level 2 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		3,345		3,195
Level 2 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,464		1,356
Level 2 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,931		2,609
Level 2 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,768		1,587
Level 2 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,511		1,428
Level 2 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		213		186
Level 2 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		9,191		8,840
Level 2 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		522		455
Level 2 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,038		1,072
Level 2 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,155		2,085
Level 2 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		723		625
Level 2 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,219		1,110
Level 2 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		903		884
Level 2 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		440		444
Level 2 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		251		250
Level 2 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		494		438
Level 2 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,446		1,477
Level 2 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,160		2,243
Level 2 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,949		3,020
Level 2 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,847		3,153
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		4,255		4,191
Available-for-sale equity securities		53		51
Total other invested assets	[3]	399		383
Separate account assets		0		0
Total assets		4,412		4,343
Level 3 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		66		81
Securities lending collateral		0		0
Short-term investments		0		0
Limited partnerships		0		0
Total other invested assets		66		81
Level 3 | Interest rate swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Level 3 | Foreign currency swaps | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Level 3 | Equity index options | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		66		81
Level 3 | Other foreign currency contracts | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value		0		0
Level 3 | GMWB embedded derivatives | Reinsurance recoverable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, fair value	[2]	38		20
Level 3 | Fixed maturity securities | U.S. government, agencies and government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 3 | Fixed maturity securities | State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		63		102
Level 3 | Fixed maturity securities | Non-U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		0		0
Level 3 | Fixed maturity securities | U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		2,332		2,239
Level 3 | Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		936		865
Level 3 | Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		123		129
Level 3 | Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		551		572
Level 3 | Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		103		94
Level 3 | Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		66		50
Level 3 | Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		39		40
Level 3 | Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		97		102
Level 3 | Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		198		173
Level 3 | Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		54		78
Level 3 | Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		165		136
Level 3 | Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		1,694		1,685
Level 3 | Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		357		374
Level 3 | Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		237		247
Level 3 | Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		311		234
Level 3 | Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		54		59
Level 3 | Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		28		28
Level 3 | Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		92		104
Level 3 | Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		173		161
Level 3 | Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		156		147
Level 3 | Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		141		191
Level 3 | Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		145		140
Level 3 | Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		24		27
Level 3 | Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		21		6
Level 3 | Fixed maturity securities | Other asset-backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities		$ 121		$ 132
[1] Limited partnerships that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. [2] Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities. [3] These financial instruments do not have notional amounts.

X

- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_AssetsFairValueDisclosure Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of equity securities categorized neither as held-to-maturity nor as trading. + References No definition available. + Details Name: us-gaap_AvailableForSaleSecuritiesEquitySecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 + Details Name: us-gaap_DerivativeFairValueOfDerivativeAsset Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The amount of the limited partners' ownership interests. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 5 -Subparagraph (SAB Topic 4.F) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187171-122770 + Details Name: us-gaap_LimitedPartnersCapitalAccount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of investments classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(f,g)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_OtherInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of short-term investments classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(g)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.8) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.5) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details Name: us-gaap_OtherShortTermInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition The carrying amount (fair value) as of the balance sheet date of securities held that had been pledged by counterparties under financing and lending arrangements, pursuant to which the entity has the right by agreement or custom to sell or re-pledge such securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5086-111524 + Details Name: us-gaap_SecuritiesHeldAsCollateralAtFairValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of asset at fair value held for benefit of separate account policyholder. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(11)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121641442&loc=d3e19393-158473 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6484091&loc=d3e19268-158472 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 80 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=121638699&loc=SL117422397-158474 + Details Name: us-gaap_SeparateAccountAssets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: us-gaap_FairValueByAssetClassAxis=gnw_NetAssetValueMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_BalanceSheetLocationAxis=us-gaap_OtherInvestmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CurrencySwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_EquityIndexOptionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_BalanceSheetLocationAxis=us-gaap_ReinsuranceRecoverableMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_USGovernmentAgenciesDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignGovernmentDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_DomesticCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_UtilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_EnergyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_FinancialServicesSectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerNonCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_TechnologySectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_IndustrialMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_CapitalGoodsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_TransportationMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_OtherIndustriesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_OtherAssetBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Assets Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		$ 4,027	$ 4,252	$ 4,343	$ 3,982
Total realized and unrealized gains (losses), Included in net income		(3)	14	15	32
Total realized and unrealized gains (losses), Included in OCI		281	101	8	234
Purchases		86	226	179	419
Sales		(3)	(21)	(25)	(38)
Issuances		0	0	1	1
Settlements		(64)	(137)	(147)	(268)
Transfer into Level 3	[1]	188	27	338	130
Transfer out of Level 3	[1]	(100)	(40)	(300)	(70)
Ending balance		4,412	4,422	4,412	4,422
Total gains (losses) included in net income attributable to assets still held, Included in net income		1	10	26	13
Total gains (losses) included in net income attributable to assets still held, Included in OCI		272		14
Other invested assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		62	60	81	39
Total realized and unrealized gains (losses), Included in net income		4	10	(9)	27
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		7	9	18	21
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(7)	(14)	(24)	(22)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		66	65	66	65
Total gains (losses) included in net income attributable to assets still held, Included in net income		8	7	5	11
Total gains (losses) included in net income attributable to assets still held, Included in OCI		0		0
Other invested assets | Derivative assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		62	60	81	39
Total realized and unrealized gains (losses), Included in net income		4	10	(9)	27
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		7	9	18	21
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(7)	(14)	(24)	(22)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		66	65	66	65
Total gains (losses) included in net income attributable to assets still held, Included in net income		8	7	5	11
Total gains (losses) included in net income attributable to assets still held, Included in OCI		0		0
Other invested assets | Derivative assets | Equity index options
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		62	60	81	39
Total realized and unrealized gains (losses), Included in net income		4	10	(9)	27
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		7	9	18	21
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(7)	(14)	(24)	(22)
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		66	65	66	65
Total gains (losses) included in net income attributable to assets still held, Included in net income		8	7	5	11
Total gains (losses) included in net income attributable to assets still held, Included in OCI		0		0
Reinsurance recoverable
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	[2]	47	18	20	20
Total realized and unrealized gains (losses), Included in net income	[2]	(9)	2	17	(1)
Total realized and unrealized gains (losses), Included in OCI	[2]	0	0	0	0
Purchases	[2]	0	0	0	0
Sales	[2]	0	0	0	0
Issuances	[2]	0	0	1	1
Settlements	[2]	0	0	0	0
Transfer into Level 3	[1],[2]	0	0	0	0
Transfer out of Level 3	[1],[2]	0	0	0	0
Ending balance	[2]	38	20	38	20
Total gains (losses) included in net income attributable to assets still held, Included in net income	[2]	(9)	2	17	(1)
Total gains (losses) included in net income attributable to assets still held, Included in OCI	[2]	0		0
Fixed maturity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		3,868	4,119	4,191	3,865
Total realized and unrealized gains (losses), Included in net income		2	2	7	6
Total realized and unrealized gains (losses), Included in OCI		281	101	8	234
Purchases		73	215	155	396
Sales		0	(20)	(21)	(34)
Issuances		0	0	0	0
Settlements		(57)	(123)	(123)	(246)
Transfer into Level 3	[1]	188	27	338	130
Transfer out of Level 3	[1]	(100)	(40)	(300)	(70)
Ending balance		4,255	4,281	4,255	4,281
Total gains (losses) included in net income attributable to assets still held, Included in net income		2	1	4	3
Total gains (losses) included in net income attributable to assets still held, Included in OCI		272		14
Fixed maturity securities | Non-U.S. government
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		1		0
Total realized and unrealized gains (losses), Included in net income		0		0
Total realized and unrealized gains (losses), Included in OCI		0		0
Purchases		0		0
Sales		0		0
Issuances		0		0
Settlements		(1)		(1)
Transfer into Level 3	[1]	0		1
Transfer out of Level 3	[1]	0		0
Ending balance		0		0
Total gains (losses) included in net income attributable to assets still held, Included in net income		0		0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		0		0
Fixed maturity securities | State and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		83	52	102	51
Total realized and unrealized gains (losses), Included in net income		0	1	1	2
Total realized and unrealized gains (losses), Included in OCI		7	8	(12)	8
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	(1)	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	(27)	0	(27)	0
Ending balance		63	61	63	61
Total gains (losses) included in net income attributable to assets still held, Included in net income		1	0	2	1
Total gains (losses) included in net income attributable to assets still held, Included in OCI		6		(13)
Fixed maturity securities | U.S. corporate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		2,113	2,162	2,239	1,998
Total realized and unrealized gains (losses), Included in net income		1	0	3	0
Total realized and unrealized gains (losses), Included in OCI		120	51	16	119
Purchases		61	111	96	181
Sales		0	(13)	(21)	(27)
Issuances		0	0	0	0
Settlements		(21)	(63)	(43)	(110)
Transfer into Level 3	[1]	72	0	125	96
Transfer out of Level 3	[1]	(14)	(21)	(83)	(30)
Ending balance		2,332	2,227	2,332	2,227
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		116		22
Fixed maturity securities | U.S. corporate | Utilities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		843	748	865	643
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		37	20	12	42
Purchases		32	82	32	96
Sales		0	(13)	0	(14)
Issuances		0	0	0	0
Settlements		(2)	(38)	(2)	(40)
Transfer into Level 3	[1]	26	0	42	72
Transfer out of Level 3	[1]	0	(10)	(13)	(10)
Ending balance		936	789	936	789
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		37		14
Fixed maturity securities | U.S. corporate | Energy
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		124	115	129	121
Total realized and unrealized gains (losses), Included in net income		1	0	1	0
Total realized and unrealized gains (losses), Included in OCI		13	3	(2)	7
Purchases		0	5	10	5
Sales		0	0	(21)	0
Issuances		0	0	0	0
Settlements		(2)	(1)	(3)	(11)
Transfer into Level 3	[1]	0	0	22	0
Transfer out of Level 3	[1]	(13)	0	(13)	0
Ending balance		123	122	123	122
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		9		(5)
Fixed maturity securities | U.S. corporate | Finance and insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		510	590	572	534
Total realized and unrealized gains (losses), Included in net income		0	0	2	0
Total realized and unrealized gains (losses), Included in OCI		33	15	2	38
Purchases		21	10	21	40
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(12)	(8)	(24)	(12)
Transfer into Level 3	[1]	0	0	0	7
Transfer out of Level 3	[1]	(1)	0	(22)	0
Ending balance		551	607	551	607
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		33		5
Fixed maturity securities | U.S. corporate | Consumer-non-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		88	74	94	73
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		8	1	2	3
Purchases		8	14	8	14
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	0	(1)	(10)
Transfer into Level 3	[1]	0	0	0	9
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		103	89	103	89
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		8		2
Fixed maturity securities | U.S. corporate | Technology and communications
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		61	52	50	50
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		5	3	1	5
Purchases		0	0	20	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	(11)	(5)	(11)
Ending balance		66	44	66	44
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		5		2
Fixed maturity securities | U.S. corporate | Industrial
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		37	40	40	39
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		2	0	(1)	1
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		39	40	39	40
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		2		(1)
Fixed maturity securities | U.S. corporate | Capital goods
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		90	95	102	92
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		7	3	(1)	6
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	(4)	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		97	98	97	98
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		7		(1)
Fixed maturity securities | U.S. corporate | Consumer-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		179	195	173	211
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		11	3	4	10
Purchases		0	0	0	0
Sales		0	0	0	(13)
Issuances		0	0	0	0
Settlements		(1)	(13)	(3)	(14)
Transfer into Level 3	[1]	9	0	24	0
Transfer out of Level 3	[1]	0	0	0	(9)
Ending balance		198	185	198	185
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		11		4
Fixed maturity securities | U.S. corporate | Transportation
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		43	54	78	57
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		2	0	(2)	1
Purchases		0	0	0	4
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	0	(2)	(8)
Transfer into Level 3	[1]	10	0	10	0
Transfer out of Level 3	[1]	0	0	(30)	0
Ending balance		54	54	54	54
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		2		1
Fixed maturity securities | U.S. corporate | Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		138	199	136	178
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		2	3	1	6
Purchases		0	0	5	22
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(2)	(3)	(4)	(15)
Transfer into Level 3	[1]	27	0	27	8
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		165	199	165	199
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		2		1
Fixed maturity securities | Non-U.S. corporate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		1,529	1,575	1,685	1,532
Total realized and unrealized gains (losses), Included in net income		1	1	3	4
Total realized and unrealized gains (losses), Included in OCI		150	33	4	95
Purchases		6	61	44	117
Sales		0	(7)	0	(7)
Issuances		0	0	0	0
Settlements		(29)	(31)	(55)	(94)
Transfer into Level 3	[1]	93	0	188	6
Transfer out of Level 3	[1]	(56)	(1)	(175)	(22)
Ending balance		1,694	1,631	1,694	1,631
Total gains (losses) included in net income attributable to assets still held, Included in net income		1	1	2	2
Total gains (losses) included in net income attributable to assets still held, Included in OCI		146		6
Fixed maturity securities | Non-U.S. corporate | Utilities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		355	435	374	404
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		23	7	3	23
Purchases		1	0	12	30
Sales		0	(7)	0	(7)
Issuances		0	0	0	0
Settlements		0	(17)	0	(17)
Transfer into Level 3	[1]	0	0	21	0
Transfer out of Level 3	[1]	(22)	(1)	(53)	(16)
Ending balance		357	417	357	417
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		23		3
Fixed maturity securities | Non-U.S. corporate | Energy
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		236	221	247	217
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		22	5	(8)	12
Purchases		0	15	0	16
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(26)	0	(26)	(4)
Transfer into Level 3	[1]	5	0	24	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		237	241	237	241
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		22		(8)
Fixed maturity securities | Non-U.S. corporate | Finance and insurance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		223	182	234	171
Total realized and unrealized gains (losses), Included in net income		1	1	2	2
Total realized and unrealized gains (losses), Included in OCI		50	7	9	18
Purchases		0	2	15	7
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	(13)	0	(13)
Transfer into Level 3	[1]	37	0	58	0
Transfer out of Level 3	[1]	0	0	(7)	(6)
Ending balance		311	179	311	179
Total gains (losses) included in net income attributable to assets still held, Included in net income		1	1	2	2
Total gains (losses) included in net income attributable to assets still held, Included in OCI		49		10
Fixed maturity securities | Non-U.S. corporate | Consumer-non-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		58	67	59	106
Total realized and unrealized gains (losses), Included in net income		0	0	0	2
Total realized and unrealized gains (losses), Included in OCI		5	1	2	4
Purchases		0	0	8	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	(44)
Transfer into Level 3	[1]	0	0	1	0
Transfer out of Level 3	[1]	(9)	0	(16)	0
Ending balance		54	68	54	68
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		4		1
Fixed maturity securities | Non-U.S. corporate | Technology and communications
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		27	27	28	26
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		1	0	0	1
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		28	27	28	27
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		1		0
Fixed maturity securities | Non-U.S. corporate | Industrial
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		92	63	104	61
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		8	1	1	3
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	(5)	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	(8)	0	(8)	0
Ending balance		92	64	92	64
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		7		0
Fixed maturity securities | Non-U.S. corporate | Capital goods
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		135	173	161	173
Total realized and unrealized gains (losses), Included in net income		0	0	1	0
Total realized and unrealized gains (losses), Included in OCI		9	3	(2)	9
Purchases		0	5	0	10
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	(16)	(11)
Transfer into Level 3	[1]	29	0	29	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		173	181	173	181
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		9		(1)
Fixed maturity securities | Non-U.S. corporate | Consumer-cyclical
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		164	125	147	122
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		12	2	(3)	8
Purchases		0	0	4	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(3)	(1)	(7)	(4)
Transfer into Level 3	[1]	0	0	32	0
Transfer out of Level 3	[1]	(17)	0	(17)	0
Ending balance		156	126	156	126
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		11		(5)
Fixed maturity securities | Non-U.S. corporate | Transportation
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		108	192	191	171
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		11	3	2	9
Purchases		0	4	0	19
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	22	0	22	0
Transfer out of Level 3	[1]	0	0	(74)	0
Ending balance		141	199	141	199
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		11		6
Fixed maturity securities | Non-U.S. corporate | Other
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		131	90	140	81
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		9	4	0	8
Purchases		5	35	5	35
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	(1)	(1)
Transfer into Level 3	[1]	0	0	1	6
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		145	129	145	129
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		9		0
Fixed maturity securities | Residential mortgage-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		24	35	27	35
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		1	1	0	1
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(1)	0	(1)	0
Transfer into Level 3	[1]	3	0	4	0
Transfer out of Level 3	[1]	(3)	0	(6)	0
Ending balance		24	36	24	36
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		0		0
Fixed maturity securities | Commercial mortgage-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		0	98	6	95
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		1	7	2	9
Purchases		0	1	0	2
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	20	0	20	0
Transfer out of Level 3	[1]	0	(14)	(7)	(14)
Ending balance		21	92	21	92
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		1		1
Fixed maturity securities | Other asset-backed
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		118	197	132	154
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		2	1	(2)	2
Purchases		6	42	15	96
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(5)	(29)	(22)	(42)
Transfer into Level 3	[1]	0	27	0	28
Transfer out of Level 3	[1]	0	(4)	(2)	(4)
Ending balance		121	234	121	234
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	0	0	0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		3		(2)
Equity Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		50	55	51	58
Total realized and unrealized gains (losses), Included in net income		0	0	0	0
Total realized and unrealized gains (losses), Included in OCI		0	0	0	0
Purchases		6	2	6	2
Sales		(3)	(1)	(4)	(4)
Issuances		0	0	0	0
Settlements		0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance		53	56	53	56
Total gains (losses) included in net income attributable to assets still held, Included in net income		0	$ 0	0	$ 0
Total gains (losses) included in net income attributable to assets still held, Included in OCI		$ 0		$ 0
[1] The transfers into and out of Level 3 for fixed maturity securities were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value, such as external ratings or credit spreads, as well as changes in the industry sectors assigned to specific securities. [2] Represents embedded derivatives associated with the reinsured portion of our GMWB liabilities.

X

- Definition Amount of unrealized gain (loss) recognized in other comprehensive income (OCI) from asset measured at fair value on recurring basis using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueAssetRecurringBasisStillHeldUnrealizedGainLossOci Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of unrealized gain (loss) recognized in income from asset measured at fair value on recurring basis using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of gain (loss) recognized in income from asset measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of gain (loss) recognized in other comprehensive income (OCI) from asset measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of issuances of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of purchases of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of sale of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of settlement of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of transfer of financial instrument classified as an asset into level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of transfers of financial instrument classified as an asset out of level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_OtherInvestedAssetsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByAssetClassAxis=us-gaap_DerivativeFinancialInstrumentsAssetsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_EquityIndexOptionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ReinsuranceRecoverableMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignGovernmentDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_DomesticCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_UtilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_EnergyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_FinancialServicesSectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerNonCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_TechnologySectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_IndustrialMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_CapitalGoodsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_TransportationMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_OtherIndustriesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_OtherAssetBackedSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_EquitySecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Gains and Losses Included in Net Income (Loss) from Assets Measured at Fair Value (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income (loss), assets	$ (3)	$ 14	$ 15	$ 32
Total gains (losses) included in net income (loss) attributable to assets still held, assets	1	10	26	13
Net Investment Income
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income (loss), assets	2	2	6	6
Total gains (losses) included in net income (loss) attributable to assets still held, assets	2	1	4	3
Net investment gains (losses)
Fair value of financial instruments [Abstract]
Total realized and unrealized gains (losses) included in net income (loss), assets	(5)	12	9	26
Total gains (losses) included in net income (loss) attributable to assets still held, assets	$ (1)	$ 9	$ 22	$ 10

X

- Definition Amount of unrealized gain (loss) recognized in income from asset measured at fair value on recurring basis using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- References No definition available. + Details Name: us-gaap_FairValueDisclosuresAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of gain (loss) recognized in income from asset measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Details Name: us-gaap_IncomeStatementLocationAxis=us-gaap_InvestmentIncomeMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementLocationAxis=gnw_NetInvestmentGainsLossesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Summary of Significant Unobservable Inputs Used for Fair Value Measurements Classified As Level 3 (Detail) $ in Millions		6 Months Ended
		Jun. 30, 2020 USD ($)	Dec. 31, 2019 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		$ 1,030	$ 805
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		63,544	60,339
Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		1,029	794
Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 4,255	4,191
Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 2,005
Fair value input, credit spreads, lower limit		71
Fair value input, credit spreads, upper limit		483
Fair value input, credit spreads, weighted-average	[1]	197
Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 1,268
Fair value input, credit spreads, lower limit		83
Fair value input, credit spreads, upper limit		507
Fair value input, credit spreads, weighted-average	[1]	196
Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		$ 1,029	794
Capital goods | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 97
Fair value input, credit spreads, lower limit		120
Fair value input, credit spreads, upper limit		294
Fair value input, credit spreads, weighted-average	[1]	214
Capital goods | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 144
Fair value input, credit spreads, lower limit		107
Fair value input, credit spreads, upper limit		294
Fair value input, credit spreads, weighted-average	[1]	215
Consumer-cyclical | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 161
Fair value input, credit spreads, lower limit		131
Fair value input, credit spreads, upper limit		307
Fair value input, credit spreads, weighted-average	[1]	208
Consumer-cyclical | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 45
Fair value input, credit spreads, lower limit		97
Fair value input, credit spreads, upper limit		272
Fair value input, credit spreads, weighted-average	[1]	194
Consumer-non-cyclical | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 102
Fair value input, credit spreads, lower limit		83
Fair value input, credit spreads, upper limit		395
Fair value input, credit spreads, weighted-average	[1]	202
Consumer-non-cyclical | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 53
Fair value input, credit spreads, lower limit		107
Fair value input, credit spreads, upper limit		182
Fair value input, credit spreads, weighted-average	[1]	160
Energy | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 8
Fair value input, credit spreads, upper limit		108
Energy | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 82
Fair value input, credit spreads, lower limit		120
Fair value input, credit spreads, upper limit		272
Fair value input, credit spreads, weighted-average	[1]	175
Finance and insurance | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 497
Fair value input, credit spreads, lower limit		73
Fair value input, credit spreads, upper limit		380
Fair value input, credit spreads, weighted-average	[1]	206
Finance and insurance | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 209
Fair value input, credit spreads, lower limit		136
Fair value input, credit spreads, upper limit		188
Fair value input, credit spreads, weighted-average	[1]	133
Industrial | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 39
Fair value input, credit spreads, lower limit		199
Fair value input, credit spreads, upper limit		483
Fair value input, credit spreads, weighted-average	[1]	293
Industrial | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 92
Fair value input, credit spreads, lower limit		108
Fair value input, credit spreads, upper limit		272
Fair value input, credit spreads, weighted-average	[1]	193
Other | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 165
Fair value input, credit spreads, lower limit		99
Fair value input, credit spreads, upper limit		213
Fair value input, credit spreads, weighted-average	[1]	122
Other | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 144
Fair value input, credit spreads, lower limit		121
Fair value input, credit spreads, upper limit		507
Fair value input, credit spreads, weighted-average	[1]	300
Technology and communications | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 66
Fair value input, credit spreads, lower limit		212
Fair value input, credit spreads, upper limit		395
Fair value input, credit spreads, weighted-average	[1]	271
Technology and communications | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 28
Fair value input, credit spreads, lower limit		153
Fair value input, credit spreads, upper limit		260
Fair value input, credit spreads, weighted-average	[1]	221
Transportation | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 44
Fair value input, credit spreads, lower limit		76
Fair value input, credit spreads, upper limit		199
Fair value input, credit spreads, weighted-average	[1]	144
Transportation | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 114
Fair value input, credit spreads, lower limit		83
Fair value input, credit spreads, upper limit		294
Fair value input, credit spreads, weighted-average	[1]	175
Utilities | Level 3 | U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 826
Fair value input, credit spreads, lower limit		71
Fair value input, credit spreads, upper limit		427
Fair value input, credit spreads, weighted-average	[1]	194
Utilities | Level 3 | Non-U.S. corporate | Internal Models
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Internal models
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 357
Fair value input, credit spreads, lower limit		97
Fair value input, credit spreads, upper limit		286
Fair value input, credit spreads, weighted-average	[1]	176
Fixed index annuity embedded derivatives | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		$ 447	452
Fixed index annuity embedded derivatives | Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Option budgetmethod
Derivative liabilities, fair value		$ 447	452
Fair value, expected future interest credited, lower limit		0.00%
Fair value, expected future interest credited, upper limit		3.00%
Fair value, expected future interest credited, weighted-average		1.00%
Equity index options | Level 3 | Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fixed maturity securities available-for-sale, at fair value (amortized cost of $54,834 and allowance for credit losses of $7 as of June 30, 2020)		$ 66
Fair value input, equity index volatility, lower limit		6.00%
Fair value input, equity index volatility, upper limit		38.00%
Fair value input, equity index volatility, weighted-average	[1]	28.00%
Indexed universal life embedded derivatives | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value		$ 23	19
Indexed universal life embedded derivatives | Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Option budgetmethod
Derivative liabilities, fair value		$ 23	19
Fair value, expected future interest credited, lower limit		3.00%
Fair value, expected future interest credited, upper limit		11.00%
Fair value, expected future interest credited, weighted-average		6.00%
GMWB embedded derivatives | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities, fair value	[2]	$ 559	323
GMWB embedded derivatives | Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Valuation technique		Stochastic cash flowmodel
Derivative liabilities, fair value	[2]	$ 559	$ 323
Fair value, withdrawal utilization rate, lower limit		56.00%
Fair value, withdrawal utilization rate, upper limit		88.00%
Fair value, lapse rate, lower limit		2.00%
Fair value, lapse rate, upper limit		9.00%
Fair value input, credit spreads, lower limit		9
Fair value input, credit spreads, upper limit		83
Fair value input, credit spreads, weighted-average		67
Fair value input, equity index volatility, lower limit		21.00%
Fair value input, equity index volatility, upper limit		30.00%
Fair value, withdrawal utilization rate, weighted-average		73.00%
Fair value, lapse rate, weighted-average		3.00%
Fair value input, equity index volatility, weighted-average		24.00%
[1] Unobservable inputs weighted by the relative fair value of the associated instrument for fixed maturity securities and by notional for derivative assets. [2] Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

X

- Definition Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] + References No definition available. + Details Name: gnw_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The lower limit of the range of the expected future interest credited used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueExpectedFutureInterestCreditedLowerLimit Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The upper limit of the range of the expected future interest credited used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueExpectedFutureInterestCreditedUpperLimit Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The weighted-average of the range of the expected future interest credited used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueExpectedFutureInterestCreditedWeightedAverage Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The lower limit of the range of the credit spread used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueInputCreditSpreadsLowerLimit Namespace Prefix: gnw_ Data Type: xbrli:decimalItemType Balance Type: na Period Type: instant

X

- Definition The upper limit of the range of the credit spread used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueInputCreditSpreadsUpperLimit Namespace Prefix: gnw_ Data Type: xbrli:decimalItemType Balance Type: na Period Type: instant

X

- Definition The weighted-average of the range of the credit spread used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueInputCreditSpreadsWeightedAverage Namespace Prefix: gnw_ Data Type: xbrli:decimalItemType Balance Type: na Period Type: instant

X

- Definition The lower limit of the range of volatility of the equity index used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueInputEquityIndexVolatilityLowerLimit Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The upper limit of the range of volatility of the equity index used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueInputEquityIndexVolatilityUpperLimit Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The weighted average of the range of volatility of the equity index used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueInputEquityIndexVolatilityWeightedAverage Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The lower limit of the range of the lapse rate used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueLapseRateLowerLimit Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The upper limit of the range of the lapse rate used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueLapseRateUpperLimit Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The weighted-average of the range of the lapse rate used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueLapseRateWeightedAverage Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition Description of the inputs and valuation technique(s) used to measure fair value for assets. + References No definition available. + Details Name: gnw_FairValueMeasurementsAssetsValuationTechniques Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Description of the inputs and valuation technique(s) used to measure fair value for liabilities. + References No definition available. + Details Name: gnw_FairValueMeasurementsLiabilitiesValuationTechniques Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The lower limit of the range of the withdrawal utilization rate used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueWithdrawalUtilizationRateLowerLimit Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The upper limit of the range of the withdrawal utilization rate used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueWithdrawalUtilizationRateUpperLimit Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition The weighted-average of the range of the withdrawal utilization rate used as an input to measure fair value. + References No definition available. + Details Name: gnw_FairValueWithdrawalUtilizationRateWeightedAverage Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121558606&loc=SL82898722-210454 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121553693&loc=d3e26610-111562 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (aa) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27161-111563 + Details Name: us-gaap_AvailableForSaleSecuritiesDebtSecurities Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 + Details Name: us-gaap_DerivativeFairValueOfDerivativeLiability Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_PolicyholderAccountBalancesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_DomesticCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ValuationTechniqueAxis=gnw_InternalModelsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_InvestmentTypeAxis=us-gaap_ForeignCorporateDebtSecuritiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_CapitalGoodsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_ConsumerNonCyclicalMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_EnergyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_FinancialServicesSectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_IndustrialMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_OtherIndustriesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=us-gaap_TechnologySectorMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_TransportationMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_EquitySecuritiesByIndustryAxis=gnw_UtilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_EquityIndexOptionsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=us-gaap_OtherInvestmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_IndexedUniversalLifeEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Liabilities by Class of Instrument that are Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		$ 1,030	$ 805
Total liabilities		1,030	805
Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		1	11
Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			10
Other liabilities | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		1	1
Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		1,029	794
Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	559	323
Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		447	452
Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		23	19
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		0	0
Level 1 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			0
Level 1 | Other liabilities | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	0	0
Level 1 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 1 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		1	11
Level 2 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		1	11
Level 2 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			10
Level 2 | Other liabilities | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		1	1
Level 2 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 2 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	0	0
Level 2 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 2 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities		1,029	794
Level 3 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 3 | Other liabilities | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value			0
Level 3 | Other liabilities | Other foreign currency contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		0	0
Level 3 | Policyholder account balances
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		1,029	794
Level 3 | Policyholder account balances | GMWB embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value	[1]	559	323
Level 3 | Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		447	452
Level 3 | Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities, fair value		$ 23	$ 19
[1] Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

X

- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 + Details Name: us-gaap_DerivativeFairValueOfDerivativeLiability Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Fair value of financial and nonfinancial obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_LiabilitiesFairValueDisclosure Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Details Name: us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_PolicyholderAccountBalancesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_IndexedUniversalLifeEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Liabilities Measured at Fair Value on Recurring Basis and Utilized Significant Unobservable (Level 3) Inputs to Determine Fair Value (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		$ 1,125	$ 731	$ 794	$ 738
Total realized and unrealized (gains) losses included in net (income)		(96)	45	230	34
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		11	7	23	15
Settlements		(11)	(5)	(18)	(9)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		1,029	778	1,029	778
Total (gains) losses included in net (income) attributable to liabilities still held		(95)	45	237	38
Total (gains) losses included in OCI attributable to liabilities still held		0		0
Policyholder account balances
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		1,125	731	794	738
Total realized and unrealized (gains) losses included in net (income)		(96)	45	230	34
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		11	7	23	15
Settlements		(11)	(5)	(18)	(9)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		1,029	778	1,029	778
Total (gains) losses included in net (income) attributable to liabilities still held		(95)	45	237	38
Total (gains) losses included in OCI attributable to liabilities still held		0		0
Policyholder account balances | GMWB embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	[1]	691	295	323	337
Total realized and unrealized (gains) losses included in net (income)	[1]	(138)	24	224	(24)
Total realized and unrealized (gains) losses included in OCI	[1]	0	0	0	0
Purchases	[1]	0	0	0	0
Sales	[1]	0	0	0	0
Issuances	[1]	6	6	12	12
Settlements	[1]	0	0	0	0
Transfer into Level 3	[1]	0	0	0	0
Transfer out of Level 3	[1]	0	0	0	0
Ending balance	[1]	559	325	559	325
Total (gains) losses included in net (income) attributable to liabilities still held	[1]	(137)	24	231	(20)
Total (gains) losses included in OCI attributable to liabilities still held	[1]	0		0
Policyholder account balances | Fixed index annuity embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		413	423	452	389
Total realized and unrealized (gains) losses included in net (income)		45	20	13	58
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		0	0	0	0
Settlements		(11)	(5)	(18)	(9)
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		447	438	447	438
Total (gains) losses included in net (income) attributable to liabilities still held		45	20	13	58
Total (gains) losses included in OCI attributable to liabilities still held		0		0
Policyholder account balances | Indexed universal life embedded derivatives
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance		21	13	19	12
Total realized and unrealized (gains) losses included in net (income)		(3)	1	(7)	0
Total realized and unrealized (gains) losses included in OCI		0	0	0	0
Purchases		0	0	0	0
Sales		0	0	0	0
Issuances		5	1	11	3
Settlements		0	0	0	0
Transfer into Level 3		0	0	0	0
Transfer out of Level 3		0	0	0	0
Ending balance		23	15	23	15
Total (gains) losses included in net (income) attributable to liabilities still held		(3)	$ 1	(7)	$ 0
Total (gains) losses included in OCI attributable to liabilities still held		$ 0		$ 0
[1] Represents embedded derivatives associated with our GMWB liabilities, excluding the impact of reinsurance.

X

- Definition Amount of unrealized gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of unrealized gain (loss) recognized in other comprehensive income (OCI) from liability measured at fair value on recurring basis using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueLiabilityRecurringBasisStillHeldUnrealizedGainLossOci Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of transfers of financial instrument classified as a liability into level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of transfers of financial instrument classified as a liability out of level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of gain (loss) recognized in other comprehensive income (OCI) from liability measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of issuances of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of purchases of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of sales of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of settlements of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Details Name: us-gaap_FinancialInstrumentAxis=gnw_PolicyholderAccountBalancesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_GuaranteedMinimumWithdrawalBenefitsGMWBEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=gnw_IndexedUniversalLifeEmbeddedDerivativesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Gains and Losses Included in Net (Income) from Liabilities Measured at Fair Value (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income) loss, liabilities	$ (96)	$ 45	$ 230	$ 34
Total (gains) losses included in net (income) loss attributable to liabilities still held, liabilities	(95)	45	237	38
Net Investment Income
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income) loss, liabilities	0	0	0	0
Total (gains) losses included in net (income) loss attributable to liabilities still held, liabilities	0	0	0	0
Net investment (gains) losses
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total realized and unrealized (gains) losses included in net (income) loss, liabilities	(96)	45	230	34
Total (gains) losses included in net (income) loss attributable to liabilities still held, liabilities	$ (95)	$ 45	$ 237	$ 38

X

- Definition Amount of unrealized gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details Name: us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Details Name: us-gaap_IncomeStatementLocationAxis=us-gaap_InvestmentIncomeMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementLocationAxis=gnw_NetInvestmentGainsLossesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Fair Value Financial Instruments Not Required to Be Carried at Fair Value (Detail) - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019		Jun. 30, 2019	[1]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans		$ 6,917	$ 6,963
Other invested assets		2,473	1,632
Liabilities:
Long-term borrowings		2,817	3,277	[1]	$ 2,817
Non-recourse funding obligations		0	311
Commitments to fund limited partnerships
Liabilities:
Off-balance sheet risk		1,135
Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		35
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[2]	0	0
Other invested assets	[2]	0	0
Liabilities:
Long-term borrowings	[2]	0	0
Non-recourse funding obligations	[2]		0
Investment contracts	[2]	0	0
Level 1 | Commitments to fund limited partnerships
Liabilities:
Off-balance sheet risk		0	0
Level 1 | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Level 1 | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[2]	0	0
Other invested assets	[2]	22	49
Liabilities:
Long-term borrowings	[2]	2,016	2,951
Non-recourse funding obligations	[2]		0
Investment contracts	[2]	0	0
Level 2 | Commitments to fund limited partnerships
Liabilities:
Off-balance sheet risk		0	0
Level 2 | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Level 2 | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[2]	7,225	7,239
Other invested assets	[2]	399	383
Liabilities:
Long-term borrowings	[2]	137	142
Non-recourse funding obligations	[2]		207
Investment contracts	[2]	12,227	12,086
Level 3 | Commitments to fund limited partnerships
Liabilities:
Off-balance sheet risk		0	0
Level 3 | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Level 3 | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Carrying value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[2]	6,917	6,963
Other invested assets	[2]	418	432
Liabilities:
Long-term borrowings	[2]	2,817	3,277
Non-recourse funding obligations	[2]		311
Investment contracts	[2]	11,258	11,466
Carrying value | Commitments to fund limited partnerships
Liabilities:
Off-balance sheet risk		0	0
Carrying value | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Carrying value | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commercial mortgage loans	[2]	7,225	7,239
Other invested assets	[2]	421	432
Liabilities:
Long-term borrowings	[2]	2,153	3,093
Non-recourse funding obligations	[2]		207
Investment contracts	[2]	12,227	12,086
Fair value | Commitments to fund limited partnerships
Liabilities:
Off-balance sheet risk		0	0
Fair value | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		0	0
Fair value | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		0	0
Notional amount | Commitments to fund limited partnerships
Liabilities:
Off-balance sheet risk		1,135	976
Notional amount | Commitments to fund bank loan investments
Liabilities:
Off-balance sheet risk		35	52
Notional amount | Ordinary course of business lending commitments
Liabilities:
Off-balance sheet risk		$ 116	$ 69
[1] Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary, who has the option to redeem the notes at face value beginning on July 3, 2020, subject to the Australian Prudential Regulation Authority’s (“APRA”) prior written approval. [2] These financial instruments do not have notional amounts.

X

- Definition The amount of the liability as of the balance sheet date pertaining to the guarantee given by the insurance entity to contract holders of a specified rate of return (a guaranteed yield) on their investments for a specified period. + References No definition available. + Details Name: gnw_InvestmentContracts Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The fair value of financial liabilities, which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 + Details Name: us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountLiability Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- References No definition available. + Details Name: us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_LongTermDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition The balance represents the amount of loans that are secured by real estate mortgages, offset by the reserve to cover probable credit losses on the loan portfolio. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(c)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details Name: us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount of debt for which creditor does not have general recourse to the debtor but rather has recourse only to the property used for collateral in the transaction or other specific property. + References No definition available. + Details Name: us-gaap_NonRecourseDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of investments classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(f,g)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_OtherInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: us-gaap_FairValueByLiabilityClassAxis=gnw_CommitmentsToFundLimitedPartnershipsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByLiabilityClassAxis=gnw_CommitmentsToFundBankLoanInvestmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByLiabilityClassAxis=gnw_OrdinaryCourseOfBusinessLendingCommitmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ValuationTechniqueAxis=gnw_NotionalAmountMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Changes in Liability for Policy and Contract Claims (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Beginning balance	$ 10,958
Ending balance	11,280
Long-term Care Insurance
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Beginning balance	10,958	$ 10,295
Less reinsurance recoverables	(2,406)	(2,379)
Net beginning balance	8,552	7,916
Current year	2,238	1,961
Prior years	(255)	(206)
Total incurred	1,983	1,755
Current year	(436)	(407)
Prior years	(1,339)	(1,253)
Total paid	(1,775)	(1,660)
Interest on liability for policy and contract claims	205	188
Foreign currency translation	(4)	(1)
Net ending balance	8,961	8,198
Add reinsurance recoverables	2,319	2,388
Ending balance	$ 11,280	$ 10,586

X

- Definition Interest incurred on the liability for policy and contract claims during the period. + References No definition available. + Details Name: gnw_InterestOnLiabilityForPolicyAndContractClaims Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (cc) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount, after effects of reinsurance, of payments to settle claims incurred in the current period and related claims settlement costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after effects of reinsurance, of payments to settle claims incurred in prior periods and related claims settlement costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of foreign currency gain (loss) which decreases (increases) the cost of settling unpaid claims after deduction of reinsurance recoveries. Includes, but is not limited to, claims which have been incurred but not reported. + References No definition available. + Details Name: us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseForeignCurrencyTranslationGainLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after effects of reinsurance, of expense (reversal of expense) for claims incurred and costs incurred in the claim settlement process. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1 Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Liability as of the balance sheet date for amounts representing estimated cost of settling unpaid claims under the terms of the underlying insurance policies, less estimated reinsurance recoveries on such claims. This includes an estimate for claims which have been incurred but not reported. Claim adjustment expenses represent the costs estimated to be incurred in the settlement of unpaid claims. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(13)(a)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (cc) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details Name: us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNetAbstract Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, after effects of reinsurance, of payments to settle insured claims and pay costs incurred in the claims settlement process. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3536-108585 + Details Name: us-gaap_PaymentsForLossesAndLossAdjustmentExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after valuation allowance, recoverable under reinsurance contracts for losses reported to the ceding insurer but not yet paid and amounts expected for incurred losses and settlement expenses, which have not yet been reported to the ceding insurer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=99404803&loc=d3e21412-158489 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=99397103&loc=d3e6824-158387 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (cc) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount, after effects of reinsurance, of expense for claims incurred in the current reporting period and related claims settlement costs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after effects of reinsurance, of expense (reversal of expense) for claims incurred in prior reporting periods and related claims settlement costs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_LongTermCareInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Liability for Policy and Contract Claims - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Long-term Care Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Incurred related to insured events of prior year	$ (255)	$ (206)
Increase decrease in reserves for liability for policy and contract claims	37
U.S. Mortgage Insurance
Liability for Claims and Claims Adjustment Expense [Line Items]
Increase decrease in reserves for liability for policy and contract claims	28
Policy Contract
Liability for Claims and Claims Adjustment Expense [Line Items]
Increase decrease in reserves for liability for policy and contract claims	$ 322

X

- Definition Increase decrease in reserves for liability for policy and contract claims. + References No definition available. + Details Name: gnw_IncreaseDecreaseInReservesForLiabilityForPolicyAndContractClaims Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpenseLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, after effects of reinsurance, of expense (reversal of expense) for claims incurred in prior reporting periods and related claims settlement costs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=116884095&loc=d3e14764-158437 + Details Name: us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_LongTermCareInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_USMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_PolicyContractMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Reinsurance - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]
Reinsurance recoverable	$ 16,900	$ 17,103
Reinsurance Recoverable, Past Due	0
Scottish RE Group Limited
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]
Reinsurance Recoverable, Past Due	$ 13
Union Fidelity Life Insurance Company
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]
Minimum amount of risk-based capital General Electric Company agreed to maintain in UFLIC	150.00%
Union Fidelity Life Insurance Company | Ceded Credit Risk
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]
Reinsurance recoverable	$ 13,539	$ 13,752

X

- Definition Minimum amount of risk-based capital General Electric Capital Corporation agreed to maintain under the capital maintenance agreement related to the reinsurance agreement with Union Fidelity Life Insurance Company. + References No definition available. + Details Name: gnw_MinimumAmountOfRiskBasedCapitalGeneralElectricCapitalCorporationAgreedToMaintain Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: srt_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentLineItems Namespace Prefix: srt_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of reinsurance recoverable past due. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919253-210447 + Details Name: us-gaap_ReinsuranceRecoverablePastDue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount, after valuation allowance, recoverable under reinsurance contracts including premium paid under reinsurance contracts. Examples include, but are not limited to, settled and unsettled claims, incurred but not reported losses, loss adjustment expense, premium paid, policy benefits and policy reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(6)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=99397103&loc=d3e6824-158387 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=99404803&loc=d3e21409-158489 + Details Name: us-gaap_ReinsuranceRecoverables Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: dei_LegalEntityAxis=gnw_ScottishReGroupLimitedMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_UnionFidelityLifeInsuranceCompanyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ConcentrationRiskByTypeAxis=us-gaap_ReinsurerConcentrationRiskMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Reinsurance - Schedule of Reinsurance Recoverable in Allowance for Credit Losses (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Beginning balance	$ 42	$ 0
Cumulative effect of change in accounting	0	40
Provision	2	4
Write-offs	0	0
Recoveries	0	0
Ending balance	$ 44	$ 44

X

- Definition Amount of the write-down or write-off of a receivable from a reinsurer. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details Name: us-gaap_ReinsuranceLossOnUncollectibleAccountsInPeriodAmount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of increase in allowance for credit loss on reinsurance recoverable, from recovery. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details Name: us-gaap_ReinsuranceRecoverableAllowanceForCreditLossRecovery Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of expense (reversal of expense) for expected credit loss on reinsurance recoverable, from change in methodology. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 11 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919244-210447 + Details Name: us-gaap_ReinsuranceRecoverableChangeInMethodCreditLossExpenseReversal Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of expense (reversal of expense) for expected credit loss on reinsurance recoverable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details Name: us-gaap_ReinsuranceRecoverableCreditLossExpenseReversal Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of allowance for credit loss on reinsurance recoverable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121599878&loc=SL82895884-210446 + Details Name: us-gaap_ReinsuranceRecoverablesAllowance Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

v3.20.2

Reinsurance - Schedule Of Credit Ratings on Reinsurance Recoverable (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Reinsurance recoverable	$ 16,944	$ 17,103
A++
Reinsurance recoverable	508
A+
Reinsurance recoverable	2,734
A
Reinsurance recoverable	78
B+
Reinsurance recoverable	2
Non rated
Reinsurance recoverable	13,622
Collateralized
Reinsurance recoverable	14,829
Collateralized | A++
Reinsurance recoverable	0
Collateralized | A+
Reinsurance recoverable	1,267
Collateralized | A
Reinsurance recoverable	20
Collateralized | B+
Reinsurance recoverable	0
Collateralized | Non rated
Reinsurance recoverable	13,542
Non-collateralized
Reinsurance recoverable	2,115
Non-collateralized | A++
Reinsurance recoverable	508
Non-collateralized | A+
Reinsurance recoverable	1,467
Non-collateralized | A
Reinsurance recoverable	58
Non-collateralized | B+
Reinsurance recoverable	2
Non-collateralized | Non rated
Reinsurance recoverable	$ 80

X

- Definition Amount before valuation allowance recoverable under reinsurance contracts. Examples include, but are not limited to, settled and unsettled claims, incurred but not reported losses, loss adjustment expense, premium paid, policy benefits and policy reserves. + References No definition available. + Details Name: us-gaap_ReinsuranceRecoverablesGross Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Details Name: srt_CreditRatingAMBestAxis=srt_AMBestAPlusPlusRatingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_CreditRatingAMBestAxis=srt_AMBestAPlusRatingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_CreditRatingAMBestAxis=srt_AMBestARatingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_CreditRatingAMBestAxis=srt_AMBestBPlusRatingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_CreditRatingAMBestAxis=gnw_NonRatedMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_CededCreditRiskCollateralizationAxis=us-gaap_CededCreditRiskSecuredMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_CededCreditRiskCollateralizationAxis=us-gaap_CededCreditRiskUnsecuredMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Borrowings and Liquidity - Long Term Borrowings (Detail) - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019		Jun. 30, 2019	[1]
Debt Instrument [Line Items]
Total		$ 2,817	$ 3,277	[1]	$ 2,817
Genworth Holdings
Debt Instrument [Line Items]
Long-term borrowings	[2]	2,711	3,174
Bond consent fees	[2]	(22)	(25)
Deferred borrowing charges	[2]	(10)	(12)
Total	[2]	2,679	3,137
Genworth Holdings | 7.70% Senior Notes, Due 2020
Debt Instrument [Line Items]
Long-term borrowings	[2]	0	397
Genworth Holdings | 7.20% Senior Notes, Due 2021
Debt Instrument [Line Items]
Long-term borrowings	[2]	356	382
Genworth Holdings | 7.625% Senior Notes, Due 2021
Debt Instrument [Line Items]
Long-term borrowings	[2]	661	701
Genworth Holdings | 4.90% Senior Notes, Due 2023
Debt Instrument [Line Items]
Long-term borrowings	[2]	399	399
Genworth Holdings | 4.80% Senior Notes, Due 2024
Debt Instrument [Line Items]
Long-term borrowings	[2]	400	400
Genworth Holdings | 6.50% Senior Notes, Due 2034
Debt Instrument [Line Items]
Long-term borrowings	[2]	297	297
Genworth Holdings | Floating Rate Junior Subordinated Notes, due 2066 [Member]
Debt Instrument [Line Items]
Long-term borrowings	[2]	598	598
Genworth Financial Mortgage Insurance Pty Limited
Debt Instrument [Line Items]
Total	[1]	138	140
Genworth Financial Mortgage Insurance Pty Limited | Floating Rate Junior Subordinated Notes, due 2025 [Member]
Debt Instrument [Line Items]
Long-term borrowings	[1]	$ 138	$ 140
[1] Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary, who has the option to redeem the notes at face value beginning on July 3, 2020, subject to the Australian Prudential Regulation Authority’s (“APRA”) prior written approval. [2] We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.

X

- Definition A payment of cash or other consideration by the issuer to noteholders in exchange for noteholder consent to amend the existing terms and conditions of the notes. + References No definition available. + Details Name: gnw_BondConsentFeesAmount Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Carrying amount of long-term debt, gross of deferred borrowing charges but net of unamortized discount or premium, including current and noncurrent amounts. + References No definition available. + Details Name: gnw_LongTermDebtBeforeDeferredBorrowingCharges Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DebtInstrumentLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 + Details Name: us-gaap_DeferredFinanceCostsNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_LongTermDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Details Name: dei_LegalEntityAxis=gnw_GenworthHoldingsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_SevenPointSevenPercentSeniorNotesDueTwoThousandAndTwentyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_SevenPointTwoPercentSeniorNotesDueTwoThousandAndTwentyOneMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_SevenPointSixTwoFivePercentSeniorNotesDueTwoThousandAndTwentyOneMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_FourPointNinetyPercentSeniorNotesDueTwoThousandAndTwentyThreeMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_FourPointEightZeroPercentSeniorNotesDueTwoThousandTwentyFourMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_SixPointFiveSeniorNotesDueTwoThousandThirtyFourMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_FloatingRateJuniorSubordinatedNotesDueTwoThousandAndSixtySixMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: dei_LegalEntityAxis=gnw_GenworthFinancialMortgageInsurancePtyLimitedMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_FloatingRateJuniorSubordinatedNotesDueTwoThousandTwentyFiveMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Borrowings and Liquidity - Additional Information (Detail) $ in Millions, $ in Millions					1 Months Ended		3 Months Ended				6 Months Ended
		Jul. 31, 2020 AUD ($)	Jul. 03, 2020 AUD ($)	Jan. 21, 2020 USD ($)	Mar. 31, 2020 USD ($)	Jan. 31, 2020 USD ($)	Jun. 30, 2020 USD ($)	Mar. 31, 2020 USD ($)	Jun. 30, 2019 USD ($)		Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)		Dec. 31, 2019 USD ($)
Debt Instrument [Line Items]
Pre-tax gain (loss) on early extinguishment of debt							$ 3		$ 0		$ (9)	$ 0
Long-term Debt							2,817		$ 2,817	[1]	2,817	$ 2,817	[1]	$ 3,277	[1]
Non-Recourse Funding Obligations | Floating Rate Subordinated Notes Due in 2050
Debt Instrument [Line Items]
Pre-tax gain (loss) on early extinguishment of debt						$ (4)
Debt instrument, maturity year						2050
Redemption of secured debt						$ 315
Genworth Holdings
Debt Instrument [Line Items]
Debt instrument, maturity month and year						2020-06
Pre-tax make-whole expense on redemption of senior notes						$ 9
Long-term Debt	[2]						2,679				$ 2,679			3,137
Genworth Holdings | 7.70% Senior Notes, Due 2020
Debt Instrument [Line Items]
Interest rate				7.70%
Debt instrument, maturity month and year				2020-06
Early redemption of senior notes				$ 409
Pre-tax make-whole expense on redemption of senior notes				9
Pre-tax gain (loss) on early extinguishment of debt				(9)
Aggregate principal amount of notes repurchased				397
Interest paid				3
Early redemption of senior notes, principal amount				$ 397
Genworth Holdings | Senior Notes 2021
Debt Instrument [Line Items]
Pre-tax gain (loss) on early extinguishment of debt					$ 1		$ 3	$ 1
Debt instrument, maturity year					2021		2021				2021
Aggregate principal amount of notes repurchased					$ 14		$ 52	$ 14			$ 52
Genworth Financial Mortgage Insurance Pty Limited
Debt Instrument [Line Items]
Long-term Debt	[1]						$ 138				$ 138			$ 140
Genworth Financial Mortgage Insurance Pty Limited | Floating Rate Junior Subordinated Notes Due in 2030 | Subsequent Event
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis			swap reference rate plus a margin of a minimum of 5.0% per annum.
Debt instrument face amount			$ 43
Debt instrument face amount issued in exchange			$ 147
Debt instrument, maturity month and year		2030-07	2030-07
Long-term Debt		$ 190
Debt instrument, Option to redeem date			Jul. 03, 2025
Genworth Financial Mortgage Insurance Pty Limited | Floating Rate Junior Subordinated Notes Due in 2025 | Subsequent Event
Debt Instrument [Line Items]
Debt instrument, maturity month and year		2025-07
Long-term Debt		$ 53
Aggregate principal amount of notes exchanged			$ 147
[1] Subordinated floating rate notes issued by Genworth Financial Mortgage Insurance Pty Limited (“GFMIPL”), our indirect majority-owned subsidiary, who has the option to redeem the notes at face value beginning on July 3, 2020, subject to the Australian Prudential Regulation Authority’s (“APRA”) prior written approval. [2] We have the option to redeem all or a portion of the senior notes at any time with notice to the noteholders at a price equal to the greater of 100% of principal or the sum of the present value of the remaining scheduled payments of principal and interest discounted at the then-current treasury rate plus an applicable spread.

X

- Definition Face (par) amount of the original debt instrument that was exchanged. + References No definition available. + Details Name: gnw_DebtInstrumentExchangedFaceAmount Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Face (par) amount of debt instrument issued in exchange for an existing debt instrument. + References No definition available. + Details Name: gnw_DebtInstrumentFaceAmountIssuedInExchange Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition The year and month when the debt instrument is scheduled to be fully repaid, in CCYY-MM format. + References No definition available. + Details Name: gnw_DebtInstrumentMaturityMonthAndYear Namespace Prefix: gnw_ Data Type: xbrli:gYearMonthItemType Balance Type: na Period Type: duration

X

- Definition Year when the debt instrument is scheduled to be fully repaid, in CCYY format. + References No definition available. + Details Name: gnw_DebtInstrumentMaturityYear Namespace Prefix: gnw_ Data Type: xbrli:gYearItemType Balance Type: na Period Type: duration

X

- Definition The portion of cash outflow for the extinguishment of long-term borrowing attributable to the principal balance redemption. + References No definition available. + Details Name: gnw_EarlyRepaymentOfSeniorDebtPrincipalAmount Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Earliest date before maturity when the issuer can call the outstanding debt instrument for repayment or conversion to equity, in CCYY-MM-DD format. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_DebtInstrumentCallDateEarliest Namespace Prefix: us-gaap_ Data Type: xbrli:dateItemType Balance Type: na Period Type: duration

X

- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details Name: us-gaap_DebtInstrumentDescriptionOfVariableRateBasis Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details Name: us-gaap_DebtInstrumentFaceAmount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_DebtInstrumentInterestRateStatedPercentage Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_DebtInstrumentLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Face (par) amount of the original debt instrument that was repurchased. + References No definition available. + Details Name: us-gaap_DebtInstrumentRepurchasedFaceAmount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition The cash outflow for the extinguishment of long-term borrowing, with the highest claim on the assets of the entity in case of bankruptcy or liquidation, before its maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_EarlyRepaymentOfSeniorDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=117329964&loc=d3e12355-112629 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=117329964&loc=d3e12317-112629 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_GainsLossesOnExtinguishmentOfDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121583591&loc=d3e4297-108586 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 17 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3367-108585 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3536-108585 + Details Name: us-gaap_InterestPaidNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_LongTermDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of cash outflow for cost from early extinguishment and prepayment of debt. Includes, but is not limited to, third-party cost, premium paid, and other fee paid to lender directly for debt extinguishment or debt prepayment. Excludes accrued interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_PaymentsOfDebtExtinguishmentCosts Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The cash outflow to repay long-term debt that is wholly or partially secured by collateral. Excludes repayments of tax exempt secured debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_RepaymentsOfSecuredDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_NonRecourseFundingObligationsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_LongtermDebtTypeAxis=gnw_FloatingRateSubordinatedNotesDueTwoThousandFiftyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: dei_LegalEntityAxis=gnw_GenworthHoldingsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_SevenPointSevenPercentSeniorNotesDueTwoThousandAndTwentyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_SeniorNotesTwentyTwentyOneMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: dei_LegalEntityAxis=gnw_GenworthFinancialMortgageInsurancePtyLimitedMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_LongtermDebtTypeAxis=gnw_FloatingRateJuniorSubordinatedNotesDueTwoZeroThreeZeroMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_LongtermDebtTypeAxis=gnw_FloatingRateJuniorSubordinatedNotesDueTwoZeroTwoFiveMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Reconciliation of Federal Statutory Tax Rate to Effective Income Tax Rate (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Tax Examination [Line Items]
Statutory U.S. federal income tax rate	21.00%	21.00%	21.00%	21.00%
Swaps terminated prior to the TCJA	4.80%	3.20%	19.10%	3.90%
Effect of foreign operations	3.70%	2.30%	7.30%	2.70%
Non-deductible goodwill	1.20%	0.00%	2.70%	0.00%
Non-deductible expense	0.70%	0.60%	2.80%	0.70%
Tax favored investments	(0.80%)	(0.50%)	(3.20%)	(0.50%)
Stock-based compensation	0.10%	0.10%	2.90%	0.00%
Other, net	0.40%	2.80%	1.90%	1.50%
Effective rate	31.10%	29.50%	54.50%	29.30%

X

- Definition Effective income tax rate reconciliation swaps terminated prior to tax cuts and jobs act. + References No definition available. + Details Name: gnw_EffectiveIncomeTaxRateReconciliationSwapsTerminatedPriorToTaxCutsAndJobsAct Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details Name: us-gaap_EffectiveIncomeTaxRateContinuingOperations Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.4) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details Name: us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.4) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 + Details Name: us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible expenses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.4) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 + Details Name: us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpense Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to impairment loss. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.4) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details Name: us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Percentage of difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying domestic federal statutory income tax rate to pretax income (loss) from continuing operation, attributable to nondeductible expense for share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.4) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 + Details Name: us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.4) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 + Details Name: us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to investment tax credit. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.4) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 + Details Name: us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_IncomeTaxExaminationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

v3.20.2

Segment Information - Additional Information (Detail) $ in Millions	1 Months Ended		3 Months Ended			6 Months Ended
	Mar. 31, 2020 USD ($)	Jan. 31, 2020 USD ($)	Jun. 30, 2020 USD ($)	Mar. 31, 2020 USD ($)	Jun. 30, 2019 USD ($)	Jun. 30, 2020 USD ($) Segment	Jun. 30, 2019 USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment						4
Assumed tax rate on adjustments to adjusted operating income						21.00%
Expenses related to restructuring			$ 1		$ 0	$ 2	$ 4
Pre-tax gain (loss) on early extinguishment of debt			3		0	(9)	0
Goodwill impairment			5		$ 0	$ 5	$ 0
Floating Rate Subordinated Notes Due in 2050 | Non-Recourse Funding Obligations
Segment Reporting Information [Line Items]
Pre-tax gain (loss) on early extinguishment of debt		$ (4)
Redemption of secured debt		$ 315
Debt instrument, maturity year		2050
Australia Mortgage Insurance
Segment Reporting Information [Line Items]
Goodwill impairment			3
Segment, Continuing Operations | Australia Mortgage Insurance
Segment Reporting Information [Line Items]
Assumed tax rate on adjustments to adjusted operating income						30.00%
Genworth Holdings
Segment Reporting Information [Line Items]
Pre-tax make-whole expense		$ 9
Debt instrument, maturity month and year		2020-06
Genworth Holdings | Senior Notes 2021
Segment Reporting Information [Line Items]
Pre-tax gain (loss) on early extinguishment of debt	$ 1		3	$ 1
Aggregate principal amount of notes repurchased	$ 14		$ 52	$ 14		$ 52
Debt instrument, maturity year	2021		2021			2021

X

- Definition Assumed tax rate on adjustments to reconcile net income to adjusted operating income + References No definition available. + Details Name: gnw_AssumedTaxRateOnAdjustments Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition The year and month when the debt instrument is scheduled to be fully repaid, in CCYY-MM format. + References No definition available. + Details Name: gnw_DebtInstrumentMaturityMonthAndYear Namespace Prefix: gnw_ Data Type: xbrli:gYearMonthItemType Balance Type: na Period Type: duration

X

- Definition Year when the debt instrument is scheduled to be fully repaid, in CCYY format. + References No definition available. + Details Name: gnw_DebtInstrumentMaturityYear Namespace Prefix: gnw_ Data Type: xbrli:gYearItemType Balance Type: na Period Type: duration

X

- Definition Face (par) amount of the original debt instrument that was repurchased. + References No definition available. + Details Name: us-gaap_DebtInstrumentRepurchasedFaceAmount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=117329964&loc=d3e12355-112629 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=117329964&loc=d3e12317-112629 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_GainsLossesOnExtinguishmentOfDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=99380562&loc=d3e13777-109266 + Details Name: us-gaap_GoodwillImpairmentLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8672-108599 + Details Name: us-gaap_NumberOfOperatingSegments Namespace Prefix: us-gaap_ Data Type: xbrli:integerItemType Balance Type: na Period Type: duration

X

- Definition Amount of cash outflow for cost from early extinguishment and prepayment of debt. Includes, but is not limited to, third-party cost, premium paid, and other fee paid to lender directly for debt extinguishment or debt prepayment. Excludes accrued interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_PaymentsOfDebtExtinguishmentCosts Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The cash outflow to repay long-term debt that is wholly or partially secured by collateral. Excludes repayments of tax exempt secured debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details Name: us-gaap_RepaymentsOfSecuredDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details Name: us-gaap_RestructuringCharges Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_SegmentReportingInformationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_LongtermDebtTypeAxis=gnw_FloatingRateSubordinatedNotesDueTwoThousandFiftyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_NonRecourseFundingObligationsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_AustraliaMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementOperatingActivitiesSegmentAxis=us-gaap_SegmentContinuingOperationsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: dei_LegalEntityAxis=gnw_GenworthHoldingsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DebtInstrumentAxis=gnw_SeniorNotesTwentyTwentyOneMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Summary of Revenues for Segments and Corporate and Other Activities (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Revenues	$ 2,138	$ 1,994	$ 3,975	$ 4,038
Segment, Continuing Operations
Segment Reporting Information [Line Items]
Revenues	2,138	1,994	3,975	4,038
Segment, Continuing Operations | U.S. Mortgage Insurance
Segment Reporting Information [Line Items]
Revenues	274	235	535	458
Segment, Continuing Operations | Australia Mortgage Insurance
Segment Reporting Information [Line Items]
Revenues	136	96	163	206
Segment, Continuing Operations | Long-term Care Insurance
Segment Reporting Information [Line Items]
Revenues	1,200	1,055	2,206	2,169
Segment, Continuing Operations | Life Insurance
Segment Reporting Information [Line Items]
Revenues	335	382	683	754
Segment, Continuing Operations | Fixed Annuities
Segment Reporting Information [Line Items]
Revenues	129	151	262	310
Segment, Continuing Operations | U.S. Life Insurance
Segment Reporting Information [Line Items]
Revenues	1,664	1,588	3,151	3,233
Segment, Continuing Operations | Runoff
Segment Reporting Information [Line Items]
Revenues	90	78	97	160
Segment, Continuing Operations | Corporate and Other
Segment Reporting Information [Line Items]
Revenues	$ (26)	$ (3)	$ 29	$ (19)

X

- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-05(b)(2)) -URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_Revenues Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_SegmentReportingInformationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_StatementOperatingActivitiesSegmentAxis=us-gaap_SegmentContinuingOperationsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_USMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_AustraliaMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_LongTermCareInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_LifeInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_FixedAnnuitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_UsLifeInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_RunoffMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateAndOtherMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Summary of Net Operating Income (Loss) for Segments and Corporate and Other Activities (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Net income (loss) available to Genworth Financial, Inc.'s common stockholders		$ (441)	$ 168	$ (507)	$ 342
Add: net income from continuing operations attributable to noncontrolling interests		23	15	17	35
Add: net income from discontinued operations attributable to noncontrolling interests		0	35	0	71
Net income (loss)		(418)	218	(490)	448
Less: income (loss) from discontinued operations, net of taxes		(520)	60	(520)	122
Income from continuing operations		102	158	30	326
Less: net income from continuing operations attributable to noncontrolling interests		23	15	17	35
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders		79	143	13	291
Net investment (gains) losses, net	[1]	(131)	43	(16)	(28)
Goodwill impairment, net	[2]	3	0	3	0
(Gains) losses on early extinguishment of debt		(3)	0	9	0
Expenses related to restructuring		1	0	2	4
Taxes on adjustments		30	(8)	1	6
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		(21)	178	12	273
Segment, Continuing Operations | U.S. Mortgage Insurance
Segment Reporting Information [Line Items]
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		(3)	147	145	271
Segment, Continuing Operations | Australia Mortgage Insurance
Segment Reporting Information [Line Items]
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		1	13	10	27
Segment, Continuing Operations | Long-term Care Insurance
Segment Reporting Information [Line Items]
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		48	37	49	17
Segment, Continuing Operations | Life Insurance
Segment Reporting Information [Line Items]
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		(81)	10	(158)	8
Segment, Continuing Operations | Fixed Annuities
Segment Reporting Information [Line Items]
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		28	19	34	36
Segment, Continuing Operations | U.S. Life Insurance
Segment Reporting Information [Line Items]
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		(5)	66	(75)	61
Segment, Continuing Operations | Runoff
Segment Reporting Information [Line Items]
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		24	9	11	29
Segment, Continuing Operations | Corporate and Other
Segment Reporting Information [Line Items]
Adjusted operating income (loss) available to Genworth Financial, Inc.'s common stockholders		$ (38)	$ (57)	$ (79)	$ (115)
[1] For the three months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(4) and $(3) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $32 million and $—, respectively. For the six months ended June 30, 2020 and 2019, net investment (gains) losses were adjusted for DAC and other intangible amortization and certain benefit reserves of $(15) million and $(5) million, respectively, and adjusted for net investment gains (losses) attributable to noncontrolling interests of $6 million in both periods. [2] For the three and six months ended June 30, 2020, goodwill impairment was adjusted for the portion attributable to noncontrolling interests of $2 million.

X

- Definition Represents gains (losses) related to investments, net of adjustments for deferred acquisition costs and other intangibles amortization and certain benefit reserves and the portion attributable to noncontrolling interests, which are a reconciling item from the segments to consolidated. + References No definition available. + Details Name: gnw_GainLossOnSaleOfInvestmentsNetOfAdjustments Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Goodwill impairment loss attributable to parent + References No definition available. + Details Name: gnw_GoodwillImpairmentLossAttributableToParent Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of tax provision (benefit) on adjustments to reconcile net operating income (loss) to net income (loss) available to Genworth Financial, Inc.'s common stockholders. + References No definition available. + Details Name: gnw_TaxesOnReconcilingAdjustmentsToNetOperatingIncomeLoss Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=117329964&loc=d3e12355-112629 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=117329964&loc=d3e12317-112629 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_GainsLossesOnExtinguishmentOfDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4613673-111683 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.13) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details Name: us-gaap_IncomeLossFromContinuingOperations Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations attributable to the noncontrolling interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 + Details Name: us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 + Details Name: us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(12)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 270 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109227538&loc=d3e44648-109337 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 60B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_NetIncomeLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The net result for the period of deducting operating expenses from operating revenues. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 + Details Name: us-gaap_OperatingIncomeLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-05(b)(2)) -URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3000-108585 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 20: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_ProfitLoss Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details Name: us-gaap_RestructuringCharges Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_SegmentReportingInformationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_StatementOperatingActivitiesSegmentAxis=us-gaap_SegmentContinuingOperationsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_USMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_AustraliaMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_LongTermCareInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_LifeInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_FixedAnnuitiesMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_UsLifeInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_RunoffMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateAndOtherMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Summary of Net Operating Income (Loss) for Segments and Corporate and Other Activities (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Adjustment for DAC and other intangibles and certain benefit reserves	$ (4)	$ (3)	$ (15)	$ (5)
Adjustment for portion attributable to noncontrolling interests	32	$ 0	6	$ 6
Goodwill impairment loss attributable to noncontrolling interest	$ 2		$ 2

X

- Definition Adjustment to net investment gains (losses) for DAC and other intangibles amortization and certain benefit reserves, before taxes, to arrive at net operating income (loss). + References No definition available. + Details Name: gnw_AdjustmentForDeferredAcquisitionCostsAndOtherIntangibleAmortizationAndCertainBenefitReserves Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Adjustment to net investment gains (losses) for portion attributable to noncontrolling interests, before taxes, to arrive at net operating income (loss). + References No definition available. + Details Name: gnw_AdjustmentForPortionAttributableToNoncontrollingInterests Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Goodwill impairment loss attributable to noncontrolling interest + References No definition available. + Details Name: gnw_GoodwillImpairmentLossAttributableToNoncontrollingInterest Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_SegmentReportingInformationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

v3.20.2

Summary of Segments and Corporate and Other Activities (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total assets	$ 103,637	$ 101,342
Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	103,637	101,342
U.S. Mortgage Insurance | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	4,944	4,504
Australia Mortgage Insurance | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	2,439	2,406
U.S. Life Insurance | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	83,829	81,640
Runoff | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	9,783	9,953
Corporate and Other | Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total assets	$ 2,642	$ 2,839

X

- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(11)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(12)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details Name: us-gaap_Assets Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_SegmentReportingInformationLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_StatementOperatingActivitiesSegmentAxis=us-gaap_SegmentContinuingOperationsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_USMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_AustraliaMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_UsLifeInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=gnw_RunoffMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateAndOtherMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Commitments and Contingencies - Additional Information (Detail) £ in Millions, $ in Millions								1 Months Ended			6 Months Ended	12 Months Ended
	Jun. 08, 2020 GBP (£)	Jan. 31, 2020 USD ($)	Dec. 06, 2019	Sep. 11, 2019 USD ($)	Feb. 25, 2019 GBP (£)	Nov. 15, 2018 GBP (£)	Dec. 01, 2017 GBP (£) Company	Apr. 30, 2020 USD ($)	Jan. 31, 2020 USD ($)	Jan. 31, 2019 USD ($)	Jun. 30, 2020 GBP (£)	Dec. 31, 2019 USD ($)	Jun. 30, 2020 USD ($)
Commitments and Contingencies Disclosure [Line Items]
Loss contingencies actions by plaintiff				On September 11, 2019, plaintiffs filed a renewed motion seeking the same relief from their August 7, 2019 motion with an exception that allowed GFIH to transfer $450 million of expected proceeds from the sale of Genworth Canada through a dividend to Genworth Holdings to allow the pay off of a senior secured term loan facility dated March 7, 2018 among Genworth Holdings as the borrower, GFIH as the limited guarantor and the lending parties thereto. Oral arguments on our motion to dismiss and plaintiffs’ motion occurred on October 21, 2019, and plaintiffs’ motion was denied. On January 31, 2020, the Court granted in part our motion to dismiss, dismissing claims relating to $395 million in dividends GLIC paid to its parent from 2012 to 2014 (out of the $410 million in total dividends subject to plaintiffs’ claims). The Court denied the balance of the motion to dismiss leaving a claim relating to $15 million in dividends and unquantified claims relating to the 2016 termination of a reinsurance transaction. On March 27, 2020, we filed our answer to plaintiffs’ amended complaint. We intend to continue to vigorously defend this action.
Commitments to Fund Limited Partnerships
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk													$ 1,135
Commitments to fund U.S. commercial mortgage loan investments
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk													84
Commitments to Fund Private Placement Investments
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk													32
Commitments to Fund Bank Loan Investments
Commitments and Contingencies Disclosure [Line Items]
Off-balance sheet risk													$ 35
AXA Damages Hearing
Commitments and Contingencies Disclosure [Line Items]
Number of insurance company sold | Company							2
Loss Contingency, Damages Sought | £	£ 499				£ 265	£ 237	£ 28
Percentage of losses sought as claims			90.00%
Payments for accruals									$ 134
Damages sought, tax gross up amount | £											£ 117
Other Litigation
Commitments and Contingencies Disclosure [Line Items]
Plaintiff's Motion Dismissed									$ 395
Loss Contingency, Damages Sought								$ 5		$ 5
Plaintiffs' motion		$ 15										$ 410
Restricted cash proceeds on sale per litigation				$ 450

X

- Definition Commitments and Contingencies Disclosure [Line Items] + References No definition available. + Details Name: gnw_CommitmentsAndContingenciesDisclosureLineItems Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The value (monetary amount) of tax gross up the plaintiff may seek in the legal matter. + References No definition available. + Details Name: gnw_LossContingencyTaxGrossUpOnDamagesSoughtValue Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Number of insurance companies sold. + References No definition available. + Details Name: gnw_NumberOfInsuranceCompaniesSold Namespace Prefix: gnw_ Data Type: xbrli:integerItemType Balance Type: na Period Type: duration

X

- Definition Claims sought by plaintiff for recovery of losses as a percentage of total alleged losses. + References No definition available. + Details Name: gnw_PercentageOfLossesSoughtAsClaims Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition The value (monetary amount) of the dividends paid by a subsidiary the plaintiff sought to be returned by the parent company but was dismissed by the court. + References No definition available. + Details Name: gnw_PlaintiffsMotionDismissedRelatedToDividendsPaidBySubsidiary Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The value (monetary amount) of the dividends paid by a subsidiary the plaintiff seeks to be returned by the parent company. + References No definition available. + Details Name: gnw_PlaintiffsMotionRelatedToDividendsPaidBySubsidiary Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Cash proceeds received by a wholly-owned subsidiary from a disposal transaction that may be restricted or limited as a result of litigation. + References No definition available. + Details Name: gnw_RestrictedCashProceedsOnSalePerLitigation Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition The fair value of financial liabilities, which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 + Details Name: us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountLiability Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of cash outflow reducing loss contingency liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349 + Details Name: us-gaap_LossContingencyAccrualPayments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Describes actions taken or threatened by the plaintiff in the legal matter. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14435-108349 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14557-108349 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349 + Details Name: us-gaap_LossContingencyActionsTakenByPlaintiff Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The value (monetary amount) of the award the plaintiff seeks in the legal matter. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14557-108349 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14435-108349 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349 + Details Name: us-gaap_LossContingencyDamagesSoughtValue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Details Name: us-gaap_FairValueByLiabilityClassAxis=gnw_CommitmentsToFundLimitedPartnershipsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByLiabilityClassAxis=gnw_CommitmentstoFundUSCommercialMortgageLoanInvestmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByLiabilityClassAxis=gnw_CommitmentsToFundPrivatePlacementInvestmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_FairValueByLiabilityClassAxis=gnw_CommitmentsToFundBankLoanInvestmentsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_LitigationCaseAxis=gnw_AxaDamagesHearingMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_LitigationCaseAxis=gnw_OtherLitigationMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Component of Changes in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions		3 Months Ended				6 Months Ended
		Jun. 30, 2020		Jun. 30, 2019		Jun. 30, 2020		Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		$ 3,815		$ 2,492		$ 3,433		$ 2,044
OCI before reclassifications		787		575		1,158		1,153
Amounts reclassified from (to) OCI		(118)		(23)		(154)		(98)
Total other comprehensive income (loss)		669		552		1,004		1,055
Balances before nonnontrolling interests		4,484		3,044		4,437		3,099
Less: change in OCI attributable to noncontrolling interests		37		31		(10)		86
Ending balance		4,447		3,013		4,447		3,013
Net unrealized investment (gains) losses
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		1,140	[1]	943	[1]	1,456	[1]	595
OCI before reclassifications		762	[1]	375	[1]	448	[1]	802
Amounts reclassified from (to) OCI		(88)	[1]	1	[1]	(94)	[1]	(46)
Total other comprehensive income (loss)		674	[1]	376	[1]	354	[1]	756
Balances before nonnontrolling interests		1,814	[1]	1,319	[1]	1,810	[1]	1,351
Less: change in OCI attributable to noncontrolling interests		3	[1]	14	[1]	(1)	[1]	46
Ending balance	[1]	1,811		1,305		1,811		1,305
Derivatives qualifying as hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		2,755	[2]	1,850	[2]	2,002	[2]	1,781
OCI before reclassifications		(48)	[2]	157	[2]	735	[2]	254
Amounts reclassified from (to) OCI		(30)	[2]	(24)	[2]	(60)	[2]	(52)
Total other comprehensive income (loss)		(78)	[2]	133	[2]	675	[2]	202
Balances before nonnontrolling interests		2,677	[2]	1,983	[2]	2,677	[2]	1,983
Less: change in OCI attributable to noncontrolling interests		0	[2]	0	[2]	0	[2]	0
Ending balance	[2]	2,677		1,983		2,677		1,983
Foreign currency translation and other adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		(80)		(301)		(25)		(332)
OCI before reclassifications		73		43		(25)		97
Amounts reclassified from (to) OCI		0		0		0		0
Total other comprehensive income (loss)		73		43		(25)		97
Balances before nonnontrolling interests		(7)		(258)		(50)		(235)
Less: change in OCI attributable to noncontrolling interests		34		17		(9)		40
Ending balance		$ (41)		$ (275)		$ (41)		$ (275)
[1] Net of adjustments to DAC, present value of future profits, sales inducements and benefit reserves. See note 4 for additional information. [2] See note 5 for additional information.

X

- Definition Accumulated Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest, Balances before nonnontrolling interests + References No definition available. + Details Name: gnw_AccumulatedOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestBalancesBeforeNonnontrollingInterests Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)(a)(4)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(23)(a)(3)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (g)(2)(ii) -URI http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e681-108580 + Details Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount after tax, before reclassification adjustments of other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121640130&loc=d3e1436-108581 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details Name: us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121640130&loc=d3e1436-108581 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_OtherComprehensiveIncomeLossNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of other comprehensive income (loss) attributable to noncontrolling interests. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 + Details Name: us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of reclassification adjustments of other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17B -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL34724394-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121640130&loc=d3e1436-108581 + Details Name: us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Details Name: us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Changes In Accumulated Other Comprehensive Income (Loss) - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrecognized postretirement benefit obligation, current period OCI		$ (2)
Unrecognized postretirement benefit obligation, current period OCI, tax		1
Foreign currency translation and other adjustments, current period OCI, tax	$ 22	$ (45)

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount of tax expense (benefit), after reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32262-110900 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e640-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 20 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109240200&loc=d3e30755-110894 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after tax and reclassification adjustment, of (increase) decrease in accumulated other comprehensive income for defined benefit plan. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (i-k) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details Name: us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after reclassification adjustment, of tax (expense) benefit for (increase) decrease in accumulated other comprehensive income of defined benefit plan. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e640-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (i-k) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 + Details Name: us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

v3.20.2

Reclassifications In (Out) of Accumulated Other Comprehensive Income (Loss), Net of Taxes (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net investment income		$ (786)	$ (816)	$ (1,579)	$ (1,610)
Net investment (gains) losses		(159)	46	(7)	(29)
Income taxes		46	66	36	135
(Income) loss from continuing operations		(102)	(158)	(30)	(326)
Amount reclassified from accumulated other comprehensive income (loss) | Net unrealized investment (gains) losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net investment (gains) losses	[1]	(112)	2	(119)	(58)
Income taxes		24	(1)	25	12
(Income) loss from continuing operations		(88)	1	(94)	(46)
Amount reclassified from accumulated other comprehensive income (loss) | Derivatives qualifying as hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income taxes		16	13	33	29
(Income) loss from continuing operations		(30)	(24)	(60)	(52)
Amount reclassified from accumulated other comprehensive income (loss) | Derivatives qualifying as hedges | Interest rate swaps
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net investment income		(46)	(42)	(89)	(80)
Net investment (gains) losses		0	4	(4)	(2)
Amount reclassified from accumulated other comprehensive income (loss) | Derivatives qualifying as hedges | Foreign currency swaps
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net investment income		$ 0	$ 1	$ 0	$ 1
[1] Amounts exclude adjustments to DAC, present value of future profits, sales inducements and benefit reserves.

X

- Definition Amount of realized and unrealized gain (loss) on investment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27405-111563 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(c),9(a)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_GainLossOnInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 + Details Name: us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 6.I.7) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32672-109319 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 20 -Section 45 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120385591&loc=d3e38679-109324 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(9)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794 + Details Name: us-gaap_IncomeTaxExpenseBenefit Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(2)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_NetInvestmentIncome Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Details Name: us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CurrencySwapMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Summary of Operating Results Related to Genworth Canada reported as Discontinued Operations (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenues:
Premiums		$ 1,019	$ 1,001	$ 2,034	$ 1,989
Net investment income		786	816	1,579	1,610
Net investment gains (losses)		159	(46)	7	29
Benefits and expenses:
Benefits and other changes in policy reserves		1,486	1,251	2,847	2,533
Acquisition and operating expenses, net of deferrals		223	229	472	466
Amortization of deferred acquisition costs and intangibles		93	84	209	165
Total benefits and expenses		1,990	1,770	3,909	3,577
Income from discontinued operations, net of taxes		(520)	60	(520)	122
Less: net income from discontinued operations attributable to noncontrolling interests		0	35	0	71
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders		$ (520)	25	$ (520)	51
Assets Held For Sale Related To Discontinued Operations | Canada Mortgage Insurance
Revenues:
Premiums			125		251
Net investment income			36		71
Net investment gains (losses)			1		0
Total revenues			162		322
Benefits and expenses:
Benefits and other changes in policy reserves			19		38
Acquisition and operating expenses, net of deferrals			18		32
Amortization of deferred acquisition costs and intangibles			11		21
Interest expense	[1]		13		25
Total benefits and expenses			61		116
Income before income taxes	[2]		101		206
Provision for income taxes			41		84
Income from discontinued operations, net of taxes			60		122
Less: net income from discontinued operations attributable to noncontrolling interests			35		71
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders			$ 25		$ 51
[1] Interest on debt assumed by Brookfield and interest on debt that was repaid as a result of the sale of Genworth Canada was allocated and reported in discontinued operations. A senior secured term loan facility (“Term Loan”), owed by Genworth Holdings and secured by GFIH’s ownership interest in Genworth Canada’s outstanding common shares, was repaid in connection with the close of the Genworth Canada sale. Accordingly, interest expense related to the Term Loan of $8 million and $16 million for the three and six months ended June 30, 2019, respectively, was allocated and reported in discontinued operations. [2] The three and six months ended June 30, 2019 includes pre-tax income from discontinued operations available to Genworth Financial, Inc.’s common stockholders of $55 million and $111 million, respectively.

X

- Definition The aggregate expense charged against earnings to allocate the cost of deferred acquisition costs and intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by (used in) operations using the indirect method. + References No definition available. + Details Name: gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Discontinued Operations Benefits And Expenses. + References No definition available. + Details Name: gnw_DiscontinuedOperationsBenefitsAndExpensesAbstract Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- References No definition available. + Details Name: gnw_DiscontinuedOperationsRevenueAbstract Namespace Prefix: gnw_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.5,6,7) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_BenefitsLossesAndExpenses Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount before tax of income (loss) from a discontinued operation. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(12)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(14)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 20 -Section 45 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120385591&loc=d3e38679-109324 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 6.I.7) -URI http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32672-109319 + Details Name: us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of interest expense attributable to disposal group, including, but not limited to, discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section S99 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26872618&loc=d3e7436-122677 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1063-107759 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1060-107759 + Details Name: us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount of revenue attributable to disposal group, including, but not limited to, discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 + Details Name: us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of realized and unrealized gain (loss) on investment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27405-111563 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(c),9(a)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details Name: us-gaap_GainLossOnInvestments Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(12)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 270 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109227538&loc=d3e44648-109337 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e957-107759 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721523-107759 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721525-107759 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1012-107759 + Details Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(2)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details Name: us-gaap_NetInvestmentIncome Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.5) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=99397103&loc=d3e6811-158387 + Details Name: us-gaap_PolicyholderBenefitsAndClaimsIncurredNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums earned. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(1)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.12-17(Column E)) -URI http://asc.fasb.org/extlink&oid=120401096&loc=d3e574992-122915 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(13)(c)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 + Details Name: us-gaap_PremiumsEarnedNet Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details Name: us-gaap_SellingGeneralAndAdministrativeExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Details Name: us-gaap_DisposalGroupClassificationAxis=us-gaap_DiscontinuedOperationsHeldforsaleMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=gnw_CanadaMortgageInsuranceMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Summary of Operating Results Related to Genworth Canada reported as Discontinued Operations (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Parent Company [Member]
Discontinued operation pretax income attributable to parent	$ 55	$ 111
Genworth Canada MI [Member]
Interest expense-term loan	$ 8	$ 16

X

- Definition Amount before tax of income (loss) from operations classified as a discontinued operation attributable to the parent. Excludes gain (loss) on disposal and provision for gain (loss) until its disposal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 + Details Name: us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTaxAttributableToParent Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Amount of interest expense attributable to disposal group, including, but not limited to, discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section S99 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26872618&loc=d3e7436-122677 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1063-107759 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1060-107759 + Details Name: us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Details Name: srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=gnw_GenworthCanadaMiMember Namespace Prefix: Data Type: na Balance Type: Period Type:

v3.20.2

Discontinued Operations - Additional Information (Detail) £ in Millions, $ in Millions						3 Months Ended	6 Months Ended
	Jul. 21, 2020 USD ($)	Jul. 21, 2020 GBP (£)	Jul. 20, 2020 USD ($)	Jan. 31, 2020 USD ($)	Jan. 31, 2020 GBP (£)	Jun. 30, 2020 USD ($)	Jun. 30, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 12, 2019 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Liabilities held for sale related to discontinued operations						$ 653	$ 653	$ 134
AXA Settlement Agreement [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss Associated With Discontinued Opertions						516	516
other costs on legal settlement						4	4
AXA Damages - Interim Payment
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Payments for accruals				$ 134	£ 100
Subsequent Event [Member] | AXA Settlement Agreement [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss Associated With Discontinued Opertions	$ 125	£ 100
Discontinued Operations [Member] | Subsequent Event [Member] | AXA Settlement Agreement [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Debt instrument face amount | £		£ 317
Debt instrument interest rate			5.25%
Proceeds from Issuance of debt gross			$ 750
Debt Instrument, Interest Rate Decrease			2.75%
Percent Of Security Interest Pledged			19.90%
Proceeds from Issuance or Sale of Equity			$ 475
Genworth Canada MI
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net cash proceeds									$ 1,700
AXA [Member] | Contingent Liability [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Liabilities held for sale related to discontinued operations						$ 653	$ 653

X

- Definition Potential interest rate decrease under certain acceleration payment events to the stated rate on a debt instrument at inception. + References No definition available. + Details Name: gnw_DebtInstrumentInterestRatePotentialDecrease Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: duration

X

- Definition Amounts associated with settling a legal claim on a business previously sold and accounted for as discontinued operations. + References No definition available. + Details Name: gnw_LossAssociatedWithDiscontinuedOpertions Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: duration

X

- Definition Other legal fees and costs associated with settling a legal matter. + References No definition available. + Details Name: gnw_OtherCostsAssociatedWithLegalSettlement Namespace Prefix: gnw_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition Percent of security interest pledged as collateral under a promissory note. + References No definition available. + Details Name: gnw_PercentOfSecurityInterestPledged Namespace Prefix: gnw_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details Name: us-gaap_DebtInstrumentFaceAmount Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details Name: us-gaap_DebtInstrumentInterestRateStatedPercentage Namespace Prefix: us-gaap_ Data Type: num:percentItemType Balance Type: na Period Type: instant

X

- Definition Amount of consideration received or receivable for the disposal of assets and liabilities, including discontinued operation. + References No definition available. + Details Name: us-gaap_DisposalGroupIncludingDiscontinuedOperationConsideration Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: instant

X

- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details Name: us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems Namespace Prefix: us-gaap_ Data Type: xbrli:stringItemType Balance Type: na Period Type: duration

X

- Definition Amount classified as liabilities attributable to disposal group held for sale or disposed of. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109222160&loc=d3e1107-107759 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 + Details Name: us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: credit Period Type: instant

X

- Definition Amount of litigation expense, including but not limited to legal, forensic, accounting, and investigative fees. + References No definition available. + Details Name: us-gaap_LitigationSettlementExpense Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585 + Details Name: us-gaap_ProceedsFromIssuanceOfDebt Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Definition The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585 + Details Name: us-gaap_ProceedsFromIssuanceOrSaleOfEquity Namespace Prefix: us-gaap_ Data Type: xbrli:monetaryItemType Balance Type: debit Period Type: duration

X

- Details Name: srt_LitigationCaseAxis=gnw_AXASettlementAgreementMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: srt_LitigationCaseAxis=gnw_AxaDamagesInterimPaymentMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_StatementOperatingActivitiesSegmentAxis=us-gaap_SegmentDiscontinuedOperationsMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=gnw_GenworthCanadaMiMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=gnw_AxaMember Namespace Prefix: Data Type: na Balance Type: Period Type:

X

- Details Name: us-gaap_ContingentConsiderationByTypeAxis=gnw_ContingentLiabilityMember Namespace Prefix: Data Type: na Balance Type: Period Type: