TORONTO, Feb. 5, 2021 /CNW/ – Sagen MI Canada Inc. (formerly Genworth MI Canada Inc.) (the “Company“) (TSX: MIC), is pleased to announce that the Company has amended its articles in accordance with the Canada Business Corporations Act and, effective today, has changed its name to Sagen MI Canada Inc. (the “Name Change“). The Company’s common… [Read More]

TORONTO, Feb. 4, 2021 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.54 per common share for the first quarter of 2021. This dividend will be paid on March 3rd, 2021 to shareholders of record at the… [Read More]

Net Income: $124 million Up 15% Y/Y Flat Q/Q Net Operating Income: $124 million Up 10% Y/Y Up 4% Q/Q Fully Diluted Operating EPS: $1.43 Up 10% Y/Y Up 4% Q/Q Transactional Premiums Written: $335 million Up 89% Y/Y Up 15% Q/Q Total Premiums Written: $354 million Up 94% Y/Y Up 19% Q/Q Premiums Earned:… [Read More]

TORONTO, Jan. 15, 2021 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced it will issue its earnings release, as well as its fourth quarter 2020 consolidated Financial Statements, Management’s Discussion and Analysis and Financial Supplement containing the quarterly results after the market closes on February 4th, 2021. Due to the previously… [Read More]

TORONTO, Jan. 5, 2021 /CNW/ – Genworth MI Canada Inc., now operating as Sagen MI CanadaTM (the “Company“) (TSX: MIC), today announced that the Ontario Superior Court of Justice (Commercial List) has approved the Company’s previously announced plan of arrangement (the “Transaction“) pursuant to which Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) together with certain… [Read More]

TORONTO, Dec. 22, 2020 /CNW/ – Genworth MI Canada Inc., now operating as Sagen MI CanadaTM (the “Company“) (TSX: MIC), today announced that, at the special meeting (the “Special Meeting“) of the Company’s shareholders (“Shareholders“) held today, Shareholders voted to approve the previously announced plan of arrangement (the “Transaction“) pursuant to which Brookfield Business Partners L.P…. [Read More]

TORONTO, Nov. 30, 2020 /CNW/ – Genworth MI Canada Inc., now operating as Sagen MI Canada™ (the “Company“) (TSX: MIC), today announced the mailing of its management information circular (the “Circular“) and related materials for the special meeting (the “Special Meeting“) of the Company’s shareholders (“Shareholders“) to consider, among other things, the previously announced plan of… [Read More]

TORONTO, Nov. 2, 2020 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.54 per common share for the fourth quarter of 2020. This dividend will be paid on November 30th, 2020 to shareholders of record at the… [Read More]

Net Income: $124 million Up 12% Y/Y Up 27% Q/Q Net Operating Income: $119 million Up 4% Y/Y Up 18% Q/Q Fully Diluted Operating EPS: $1.38 Up 3% Y/Y Up 18% Q/Q Transactional Premiums Written: $291 million Up 37% Y/Y Up 75% Q/Q Total Premiums Written: $297 million Up 36% Y/Y Up 31% Q/Q Premiums… [Read More]

Transaction Delivers Substantial Premium, Provides Certain Cash Value to Genworth MI Canada Inc. Shareholders TORONTO, Oct. 26, 2020 /CNW/ – Genworth MI Canada Inc., now operating as Sagen MI CanadaTM (the “Company“) (TSX: MIC), today announced that it has entered into a definitive arrangement agreement (the “Arrangement Agreement“) pursuant to which Brookfield Business Partners L.P. (NYSE:… [Read More]

TORONTO, Oct. 16, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced it will issue its earnings release and financial supplement containing the quarterly results after the market closes on November 2nd, 2020. A conference call will be held the following day, November 3rd, 2020, at 10:00 AM (ET) to discuss the… [Read More]

TORONTO, Aug. 5, 2020 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.54 per common share for the third quarter of 2020. This dividend will be paid on September 2nd, 2020 to shareholders of record at the close… [Read More]