TORONTO, May 23, 2018 /CNW/ – Genworth Canada is pleased to announce a sponsorship commitment of $100,000 over the next three years to The University of Waterloo School of Accounting and Finance (SAF) to support the growth and awareness of the University of Waterloo Financial Literacy Competition. The Financial Literacy Competition (FLC) developed in collaboration… [Read More]

TORONTO, May 7, 2018 /CNW/ – According to a national study commissioned by Genworth Canada, six in ten (59 per cent) millennials have already achieved their homeownership dreams. Among those who own their homes, three in ten (30 per cent) millennials bought their first home or a home that was not their first in the… [Read More]

Transactional Premiums Written: $109 million Up 22% Y/Y Down 30% Q/Q Premiums Earned: $171 million Up 2% Y/Y Flat Q/Q Loss Ratio: 13% Down 3 pts Y/Y Up 4 pts Q/Q Net Income: $128 million Up 20% Y/Y Down 3% Q/Q Net Operating Income: $119 million Up 11% Y/Y Down 2% Q/Q Fully Diluted Operating… [Read More]

TORONTO, May 1, 2018 /CNW/ – Genworth MI Canada Inc. (“Genworth Canada“, or 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… [Read More]

TORONTO, May 1, 2018 /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 $0.47 per common share for the second quarter of 2018.  This dividend will be paid on May 30, 2018, to shareholders of record at the close… [Read More]

TORONTO, April 18, 2018 /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 1st, 2018. A conference call will be held the following day, May 2nd, 2018, at 10:00 AM (ET) to discuss the… [Read More]

Nine-year old winner chooses Habitat for Humanity Manitoba to receive $50,000 grant TORONTO, March 5, 2018 /CNW/ – Genworth Canada is pleased to announce the winners from the 11th annual Meaning of Home contest in support of Habitat for Humanity Canada. Over 7,000 grade 4, 5 and 6 students from coast to coast submitted entries… [Read More]

TORONTO, Feb. 6, 2018 /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 $0.47 per common share for the first quarter of 2018.  This dividend will be paid on March 7, 2018, to shareholders of record at the… [Read More]

TORONTO, Feb. 6, 2018 /CNW/ – Fourth Quarter Full Year 2017 Transactional Premiums Written: $157 million Down 19% Q/Q Up 5% Y/Y $602 million Down 3% Y/Y Premiums Earned: $171 million No change Q/Q Up 4% Y/Y $676 million Up 6% Y/Y Loss Ratio: 9% Down 5 pts Q/Q Down 9 pts Y/Y 10% Down… [Read More]

TORONTO, Jan. 23, 2018 /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 6th, 2018. A conference call will be held the following day, February 7th, 2018, at 10:30 AM (EST) to discuss… [Read More]

Increase in quarterly dividend of $0.03 or 7% from $0.44 to $0.47 per common share TORONTO, Nov. 2, 2017 /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 $0.47 per common share for the fourth quarter of 2017. … [Read More]

Increase in quarterly dividend of $0.03 or 7% from $0.44 to $0.47 per common share Transactional Premiums Written: $195 million Down 3% Y/Y, up 21% Q/Q Premiums Earned: $170 million Up 5% Y/Y, up 1% Q/Q Loss Ratio: 13% Down 12 pts Y/Y, up 10 pts Q/Q Net Income: $140 million Up 42% Y/Y, down… [Read More]