Net Income: $98 million Down 11% Y/Y Up 3% Q/Q Net Operating Income: $101 million Down 16% Y/Y Down 14% Q/Q Fully Diluted Operating EPS: $1.17 Down 15% Y/Y Down 13% Q/Q Transactional Premiums Written: $167 million Down 11% Y/Y Up 51% Q/Q Total Premiums Written: $227 million Up 17% Y/Y Up 99% Q/Q Premiums… [Read More]

TORONTO, July 10, 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 August 5th, 2020. A conference call will be held the following day, August 6th, 2020, at 10:00 AM (ET) to discuss… [Read More]

TORONTO, June 8, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) confirms that it has no plans to change its underwriting policy related to debt service ratio limits, minimum credit score and down payment requirements. One of the Company’s competitors announced changes to their internal underwriting guidelines with respect to the aforementioned underwriting… [Read More]

TORONTO, June 3, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) announced at its annual general meeting held on June 3, 2020 the resolutions proposed in the Company’s proxy circular were carried. The detailed results are as follows.  1. Election of each of the following nine nominees as directors of the Company: Votes… [Read More]

TORONTO, May 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 second quarter of 2020. This dividend will be paid on June 3rd, 2020 to shareholders of record at the… [Read More]

Net Income: $95 million Down 3% Y/Y Down 13% Q/Q Net Operating Income: $117 million Down 1% Y/Y Up 4% Q/Q Fully Diluted Operating EPS: $1.35 Flat Y/Y Up 4% Q/Q Transactional Premiums Written: $110 million Up 10% Y/Y Down 38% Q/Q Total Premiums Written: $114 million Up 8% Y/Y Down 38% Q/Q Premiums Earned:… [Read More]

TORONTO, April 20, 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 May 5th, 2020. A conference call will be held the following day, May 6th, 2020, at 9:00 AM (ET) to discuss… [Read More]

TORONTO, March 18, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced on February 20, 2020 that it would redeem all of its outstanding 5.68% debentures due June 15, 2020 (the “Debentures”), being $175 aggregate principal amount, on March 23, 2020 (the “Redemption Date”). Today, the Company has determined the redemption price… [Read More]

TORONTO, Feb. 20, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced that it today completed its previously announced offering (the “Offering”) of $300 million of 2.955% debentures due March 1, 2027 (the “Debentures”). The offering was made through a syndicate of agents led by CIBC World Markets Inc., Scotia Capital Inc.,… [Read More]

TORONTO, Feb. 19, 2020 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has declared a special dividend of $2.32 per common share, for an aggregate amount of approximately $200 million. This special dividend is to be paid on March 19, 2020, to shareholders of record… [Read More]

/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTED IN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./ TORONTO, Feb. 13, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced today that it has agreed to issue $300,000,000 million of debentures (the “Debentures”). The Debentures will be… [Read More]

TORONTO, Feb. 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 first quarter of 2020. This dividend will be paid on March 5th, 2020 to shareholders of record at the close… [Read More]