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Genworth MI Canada Inc. Schedules Fourth Quarter 2016 Earnings Conference Call for February 8th, 2017

January 26, 2017 By NewsWire Tagged With: TSX:MIC

TORONTO, Jan. 26, 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 February 7th, 2017. A conference call will be held the following day, February 8th, 2017, at 10:00 AM (EST) to discuss the… [Read More]

Genworth Canada Announces New Mortgage Insurance Premium Rates

January 17, 2017 By NewsWire Tagged With: TSX:MIC

TORONTO, Jan. 17, 2017 /CNW/ – Effective March 17, 2017, Genworth Canada will increase its transactional mortgage insurance premium rates for homebuyers. “We believe this new pricing is prudent and reflects the new regulatory capital framework for mortgage insurers that came into effect on January 1, 2017,” said Stuart Levings, President and CEO of Genworth… [Read More]

Genworth MI Canada Inc. Announces Common Dividend in the Fourth Quarter 2016

November 3, 2016 By NewsWire Tagged With: TSX:MIC

Increase in quarterly dividend of $0.02 or 5% from $0.42 to $0.44 per common share TORONTO, Nov. 3, 2016 /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 fourth quarter of 2016. … [Read More]

Genworth MI Canada Inc. Reports Third Quarter 2016 Results Including Net Operating Income of $93 Million

November 3, 2016 By NewsWire Tagged With: TSX:MIC

Premiums Earned: $162 million, up 3% Q/QLoss Ratio: 25%, up 4 points Q/QNet Operating Income: $93 million, up 1% Y/YFully Diluted Operating EPS: $1.02, up 2% Y/YIncrease in quarterly dividend of $0.02 or 5% from $0.42 to $0.44 per common share TORONTO, Nov. 3, 2016 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC)… [Read More]

Genworth MI Canada Inc. Schedules Third Quarter 2016 Earnings Conference Call for November 4th, 2016

October 25, 2016 By NewsWire Tagged With: TSX:MIC

TORONTO, Oct. 25, 2016 /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 3rd, 2016. A conference call will be held the following day, November 4th, 2016, at 10:00 AM (ET) to discuss the… [Read More]

Genworth MI Canada Inc. Comments on Recently Announced Mortgage Insurance Changes

October 4, 2016 By NewsWire Tagged With: TSX:MIC

TORONTO, Oct. 4, 2016 /CNW/ – On October 3, 2016, the Minister of Finance announced a number of changes designed to reinforce the Canadian housing finance system. Building on measures announced in late 2015, the Government will: Bring consistency to mortgage insurance rules by standardizing eligibility criteria for high- and low-ratio insured mortgages, including a… [Read More]

Building Homes, Building Hope – One Essay at a Time!

September 29, 2016 By NewsWire Tagged With: TSX:MIC

10th Anniversary of the Genworth Canada Meaning of Home Contest TORONTO, Sept. 29, 2016 /CNW/ – Genworth Canada is supporting Habitat for Humanity Canada and affiliates across the country in giving families a safe and decent place to live, with the help of students in our local community through the annual Meaning of Home contest…. [Read More]

Genworth MI Canada Inc. Provides Primer on OSFI’s Draft Advisory For The New Capital Framework For Mortgage Insurers

September 26, 2016 By NewsWire Tagged With: TSX:MIC

TORONTO, Sept. 26, 2016 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced that on September 23, 2016, the Office of the Superintendent of Financial Institutions (“OSFI”) released a draft advisory for comment titled “Capital Requirements for Federally Regulated Mortgage Insurers”. This draft advisory provides a new standard framework for determining the capital requirements… [Read More]

Genworth MI Canada Inc. Comments On OSFI’s Draft Advisory For The New Capital Framework For Mortgage Insurers

September 23, 2016 By NewsWire Tagged With: TSX:MIC

TORONTO, Sept. 23, 2016 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced that on September 23, 2016, the Office of the Superintendent of Financial Institutions (“OSFI”) released a draft advisory for comment titled “Capital Requirements for Federally Regulated Mortgage Insurers”.  This draft advisory provides a new standard framework for determining the capital… [Read More]

Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter 2016

August 2, 2016 By NewsWire Tagged With: TSX:MIC

TORONTO, Aug. 2, 2016 /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 $0.42 per common share for the third quarter of 2016.  This dividend will be paid on August 26, 2016, to shareholders of record at the… [Read More]

Genworth MI Canada Inc. Reports Second Quarter 2016 Results Including Net Operating Income of $99 Million

August 2, 2016 By NewsWire Tagged With: TSX:MIC

Premiums Written: $249 million, up 21% Y/YPremiums Earned: $158 million, up 3% Q/QLoss Ratio: 21%, down 3 points Q/QNet Operating Income: $99 million, up 8% Q/QFully Diluted Operating EPS: $1.07, up 8% Q/Q TORONTO, Aug. 2, 2016 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today reported second quarter 2016 net income of… [Read More]

Genworth MI Canada Inc. Schedules Second Quarter 2016 Earnings Conference Call for August 3rd, 2016

July 15, 2016 By NewsWire Tagged With: TSX:MIC

TORONTO, July 15, 2016 /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 2nd, 2016. A conference call will be held the following day, August 3rd, 2016, at 10:00 AM (ET) to discuss the… [Read More]

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