TORONTO, April 28, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced today acceptance by the Toronto Stock Exchange (the “TSX”) of the Company’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB, Genworth Canada may, if considered advisable, purchase through the facilities of the TSX… [Read More]

TORONTO, April 28, 2015 /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 $0.39 per common share for the second quarter of 2015.  This dividend will be paid on May 29, 2015, to shareholders of record at the… [Read More]

Premiums Written: $130 million, up 55% Y/Y Loss Ratio:  22%, down 4 points Q/QNet Operating Income: $97 million, up 16% Q/QFully Diluted Operating EPS:  $1.03, up 16% Q/Q TORONTO, April 28, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today reported first quarter 2015 net income of $107 million or $1.08 per diluted… [Read More]

TORONTO, April 15, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced it will issue its earnings release and financial supplement containing the first quarter results after the market closes on April 28, 2015.  A conference call will be held the following day, April 29, at 10:00 AM (ET) to discuss… [Read More]

Genworth Canada Releases First-Time Homeownership Study TORONTO, April 7, 2015 /CNW/ – First-time homebuyers are doing their homework and making responsible financial decisions entering Canada’s housing market, according to a new study released by Genworth Canada.  The 2015 Genworth Canada – First-Time Homeownership Study shows that the typical first-time homebuyer is well-educated, employed, consulting with mortgage… [Read More]

TORONTO, April 6, 2015 /CNW/ – Effective June 1, 2015, Genworth Canada will increase its mortgage insurance premium rates for homebuyers with less than a 10 per cent down payment by approximately 15 per cent. “This new pricing is reflective of higher capital requirements and supports the long-term health of Canada’s housing finance system,” said… [Read More]

Genworth Canada Releases Winter 2015 Metropolitan Condo Outlook TORONTO, March 26, 2015 /CNW/ – The long-predicted soft landing for condominium markets in cities across Canada is in sight for 2015, with modest gains in sales and prices in most major Canadian cities, according to the latest Conference Board of Canada condo report released by Genworth Canada…. [Read More]

TORONTO, Feb. 10, 2015 /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 $0.39 per common share for the first quarter of 2015.  This dividend will be paid on March 6, 2015, to shareholders of record at the… [Read More]

Net Premiums Written: $178 million in Q4, up 38% Y/Y; $640 million for 2014, up 25% Y/Y Net Operating Income: $84 million in Q4, down 1% Y/Y; $366 million for 2014, up 5% Y/Y Fully Diluted Operating EPS:  $0.89 in Q4, down 1% Y/Y; $3.86 for 2014, up 7% Y/Y TORONTO, Feb. 10, 2015 /CNW/… [Read More]

Genworth Canada grants $125,000 to Habitat for Humanity Canada through national writing contest TORONTO, Feb. 3, 2015 /CNW/ – Genworth Canada is pleased to announce the winners of its eighth annual Meaning of Home writing contest in support of Habitat for Humanity Canada. This year, 11-year-old Tyler of Airdrie, Alberta won the grand prize, enabling… [Read More]

TORONTO, Jan. 21, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced it will issue its earnings release and financial supplement containing the fourth quarter results after the market closes on February 10.  A conference call will be held the following day, February 11, at 10:00 AM (ET) to discuss the… [Read More]