TORONTO, July 30, 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 $0.51 per common share for the second quarter of 2019. This dividend will be paid on August 28th, 2019 to shareholders of record at the… [Read More]

Net Income: $110 million Down 5% Y/Y Up 13% Q/Q Net Operating Income: $120 million Up 2% Y/Y Up 1% Q/Q Fully Diluted Operating EPS: $1.38 Up 5% Y/Y Up 2% Q/Q Transactional Premiums Written: $187 million Up 12% Y/Y Up 86% Q/Q Total Premiums Written: $195 million Up 14% Y/Y Up 85% Q/Q Premiums… [Read More]

TORONTO, July 12, 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 July 30th, 2019. A conference call will be held the following day, July 31st, 2019, at 10:00 AM (ET) to discuss… [Read More]

TORONTO, July 1, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) acknowledges the announcement today by Genworth Financial, Inc. (“Genworth Financial“) that  Genworth Financial and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) have agreed to an 11th waiver and agreement of each party’s right to terminate the previously announced merger agreement beyond the current… [Read More]

TORONTO, June 21, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) announced on May 23, 2019 that it would redeem $100 million principal amount, or approximately 36.4% of the outstanding aggregate principal amount, of the Company’s 5.68% debentures due June 15, 2020 (the “Debentures“) on June 26, 2019 (the “Redemption Date“). Today,… [Read More]

TORONTO, June 5, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) announced at its annual general meeting held on June 5, 2019 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:… [Read More]

TORONTO, June 5, 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 $0.40 per common share, for an aggregate amount of $34 million. This special dividend is to be paid on June 28, 2019, to shareholders of record… [Read More]

TORONTO, May 23, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) announced today that on May 22, 2019 it completed its previously announced offering (the “Offering“) of $100 million of 4.242% debentures due April 1, 2024 (the “2024 Debentures“). The Offering represents a re-opening of the Company’s outstanding 2024 Debentures. The Company… [Read More]

TORONTO, May 9, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that holders of its 4.242% debentures due April 1, 2024 (the “Debentures“) have approved an amendment to the third series supplement (the “Supplemental Indenture“) governing the Debentures. The amendment increases the aggregate principal amount of Debentures that may be issued… [Read More]

Holders of Debentures who validly deliver a consent form prior to the expiry of the Consent Solicitation may be eligible to receive a fee equal to $1.00 per $1,000 principal amount of Debentures. Consent Forms are due at 5:00 p.m. (Eastern Time) on May 8, 2019, unless extended or terminated by the Company. TORONTO, April… [Read More]

TORONTO, April 18, 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 April 30th, 2019. A conference call will be held the following day, May 1st, 2019, at 10:30 AM (ET) to discuss the… [Read More]

TORONTO, Feb. 5, 2019 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) are pleased to announce today that Rajinder Singh has been appointed to the Board of Directors of the Company and its main operating subsidiary.  Mr. Singh has served as the Chief Risk Officer of Global Mortgage… [Read More]