TORONTO, Nov. 3, 2022 /CNW/ – Sagen MI Canada Inc. (the “Company“) (TSX: MIC.PR.A) today reported third quarter 2022 net income of $167 million. Third Quarter 2022 Financial Results Net income of $167 million was $7 million lower than the same quarter in the prior year, primarily due to higher losses on claims, which was partially… [Read More]
Sagen MI Canada Inc. Reports Second Quarter 2022 Results and Declares Preferred Share Dividend
TORONTO, Aug. 4, 2022 /CNW/ – Sagen MI Canada Inc. (the “Company“) (TSX: MIC.PR.A) today reported second quarter 2022 net income of $169 million. Second Quarter 2022 Financial Results Net income of $169 million was $17 million higher than the same quarter in the prior year, primarily due to higher premiums earned, lower expenses, higher… [Read More]
Sagen MI Canada Inc. Reports First Quarter 2021 Results Including Net Operating Income of $139 Million
TORONTO, May 4, 2021 /CNW/ – Sagen MI Canada Inc. (the “Company“) (TSX: MIC.PRA) today reported first quarter 2021 net income of $133 million and net operating income of $139 million. Net Income: $133 million Up 41% Y/Y Net Operating Income: $139 million Up 19% Y/Y Key First Quarter 2021 Financial Results: Net income of $133 million… [Read More]
Sagen MI Canada Inc. Announces Preferred Share Dividend in the Second Quarter of 2021
TORONTO, May 4, 2021 /CNW/ – The Board of Directors of Sagen MI Canada Inc. (the “Company“) (TSX: MIC.PRA) today announced that it has authorized and declared a dividend of $0.48822 per Class A preferred share, Series 1, for the second quarter of 2021. This dividend will be paid on June 30th, 2021 to holders of… [Read More]