Fourth Quarter Full Year 2019 Net Income: $108 million Down 3% Q/Q Up 35% Y/Y $426 million Down 6% Y/Y Net Operating Income: $112 million Down 2% Q/Q Down 4% Y/Y $466 million Down 2% Y/Y Fully Diluted Operating EPS: $1.30 Down 3% Q/Q Down 2% Y/Y $5.38 Up 2% Y/Y Transactional Premiums Written: $177… [Read More]

TORONTO, Feb. 4, 2020 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) is pleased to announce today that Martin Laguerre has been appointed to the Board of Directors of the Company and its main operating subsidiary.  Mr. Laguerre serves as the Managing Director & Group Head Structured Finance… [Read More]

TORONTO, Jan. 21, 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 February 5th, 2020. A conference call will be held the following day, February 6th, 2020, at 10:00 AM (ET) to discuss the… [Read More]

TORONTO, Jan. 15, 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 February 11, 2020, to shareholders of… [Read More]

TORONTO, Dec. 12, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) acknowledges closing of the previously announced sale of Genworth Financial, Inc.’s majority interest in the Company to Brookfield Business Partners L.P., together with its institutional partners (the “Transaction“). In connection with the Transaction, Brian Hurley, Rohit Gupta, Rajinder Singh and Jerome… [Read More]

TORONTO, Dec. 9, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) acknowledges the announcements today by Genworth Financial, Inc. (“Genworth Financial“) and Brookfield Business Partners L.P. (“Brookfield Business Partners“) that Brookfield Business Partners together with its institutional partners has received approval under the Insurance Companies Act (Canada) to purchase Genworth Financial’s majority interest in the Company… [Read More]

TORONTO, Dec. 4, 2019 /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 December 30, 2019, to shareholders of… [Read More]

Increase in quarterly ordinary dividend of $0.03 or 6% from $0.51 to $0.54 per common share  TORONTO, Oct. 29, 2019 /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… [Read More]

Net Income: $111 million Down 13% Y/Y Up 1% Q/Q Net Operating Income: $115 million Down 5% Y/Y Down 4% Q/Q Fully Diluted Operating EPS: $1.34 Down 1% Y/Y Down 3% Q/Q Transactional Premiums Written: $213 million Up 10% Y/Y Up 14% Q/Q Total Premiums Written: $218 million Up 11% Y/Y Up 12% Q/Q Premiums… [Read More]

TORONTO, Oct. 15, 2019 /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 October 29th, 2019. A conference call will be held the following day, October 30th, 2019, at 9:00 AM (ET) to discuss… [Read More]

TORONTO, Sept. 12, 2019 /CNW/ – Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has declared a special dividend of $1.45 per common share, for an aggregate amount of approximately $125 million. This special dividend is to be paid on October 11, 2019, to shareholders of record at… [Read More]

TORONTO, Aug. 13, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) acknowledges the announcements today by Genworth Financial, Inc. (“Genworth Financial“) and Brookfield Business Partners L.P. (“Brookfield Business Partners“) that Genworth Financial and Brookfield Business Partners have entered into a share purchase agreement for all 48,944,645 common shares of the Company owned by Genworth… [Read More]