TORONTO, Oct. 20, 2017 /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 November 2nd, 2017. A conference call will be held the following day, November 3rd, 2017, at 9:00 AM (EST) to discuss… [Read More]

TORONTO, Oct. 10, 2017 /CNW/ – For the 11th consecutive year, Genworth Canada is asking students in grades 4, 5, and 6 to consider what home means to them. Through the Meaning of Home contest, students have the opportunity to share their stories, videos and poems in support of Habitat for Humanity Canada and local… [Read More]

TORONTO, Aug. 1, 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 $0.44 per common share for the third quarter of 2017.  This dividend will be paid on August 30, 2017, to shareholders of record at the close… [Read More]

Transactional Premiums Written: $161 million Down 5% Y/Y, up 81% Q/Q Premiums Earned: $168 million Up 7% Y/Y, up 1% Q/Q Loss Ratio: 3% Down 17 pts Y/Y, down 12 pts Q/Q Net Income: $150 million Up 65% Y/Y, up 41% Q/Q Net Operating Income: $126 million Up 28% Y/Y, up 17% Q/Q Fully Diluted… [Read More]

TORONTO, July 19, 2017 /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 1st, 2017. A conference call will be held the following day, August 2nd, 2017, at 10:00 AM (EST) to discuss… [Read More]

TORONTO, June 13, 2017 /CNW/ – Genworth Canada will be part of Habitat for Humanity Canada’s biggest build project ever. Habitat for Humanity’s 34th Jimmy & Rosalynn Carter Work Project will take place in every province and territory across Canada with a goal to collectively build 150 homes to mark Canada’s 150th anniversary of Confederation…. [Read More]

TORONTO, June 8, 2017 /CNW/ – Genworth MI Canada Inc. (TSX: MIC) (“Genworth Canada” or the “Company”) announced at its annual general meeting held on June 8, 2017 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… [Read More]

TORONTO, May 8, 2017 /CNW/ – According to Genworth Canada’s new 2017 First-Time Homeownership Study, almost half of first-time buyers (49%) believe owning a home is a wise financial decision. Top reasons homebuyers were motivated to purchase include: 1) believe owning is a wiser financial decision (49%); 2) want to control the home they live in… [Read More]

TORONTO, May 2, 2017 /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 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 $0.44 per common share for the second quarter of 2017.  This dividend will be paid on May 30, 2017, to shareholders of record at the close… [Read More]

Premiums Earned: $167 million, up 9% Y/Y Loss Ratio: 15%, down 9 points Y/Y Net Income: $106 million, up 21% Y/Y Net Operating Income: $107 million, up 17% Y/Y Fully Diluted Operating EPS:  $1.17, up 17% Y/Y TORONTO, May 2, 2017 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today reported first quarter… [Read More]

TORONTO, April 26, 2017 /CNW/ – As an insurer of prime mortgages, Genworth Canada insures lenders against losses that are incurred as a result of borrower defaults with respect to their mortgage payments.  As a result of recent disclosures by Home Capital Group Inc. (“Home Capital”), Genworth Canada would like to clarify its exposure to Home… [Read More]