Sagen MI Canada Inc. (T:MIC)
Business Focus: Property Insurance
Feb 01, 2024 04:01 pm ET
Sagen MI Canada Inc. Reports Fourth Quarter 2023 Results and Declares Preferred Share Dividend
TORONTO, Feb. 1, 2024 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported fourth quarter 2023 net income of $151 million.
Nov 02, 2023 05:18 pm ET
Sagen MI Canada Inc. Reports Third Quarter 2023 Results and Declares Preferred Share Dividend
TORONTO, Nov. 2, 2023 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported third quarter 2023 net income of $148 million.
Aug 03, 2023 05:00 pm ET
Sagen MI Canada Inc. Reports Second Quarter 2023 Results and Declares Preferred Share Dividend
TORONTO, Aug. 3, 2023 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported second quarter 2023 net income of $112 million.
Jun 14, 2023 05:40 pm ET
Sagen MI Canada Inc. Announces Redemption Price for 4.242% Debentures due April 1, 2024
TORONTO, June 14, 2023 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC) announced on May 19, 2023 that it would redeem all of its outstanding 4.242% debentures due April 1, 2024 (the "Debentures"), being $169.934 million aggregate principal amount, on June 19, 2023 (the "Redemption Date"). Today, the Company has determined the redemption price according to the method and process outlined in the trust indenture governing the Debentures.
Jun 09, 2023 03:10 pm ET
Sagen MI Canada Inc. Announces Annual General Meeting Voting Results
TORONTO, June 9, 2023 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) announced at its annual general meeting (the "Meeting") held on June 9, 2023 the resolutions proposed in the Company's proxy circular were carried. The detailed results are as follows.
May 19, 2023 08:32 am ET
Sagen MI Canada Inc. Completes Issuance of $200 Million of Unsecured Debentures due May 19, 2028 and Announces Redemption on June 19, 2023 of its Outstanding 4.242% Debentures due April 1, 2024
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
May 17, 2023 09:00 am ET
Canadian First-Time Homebuyers remain confident in their decision to buy, as they balance affordability, location and room to work in finding their perfect homes
Sagen MI Canada's First-time Homebuyers Study Highlights:
May 16, 2023 03:40 pm ET
Sagen MI Canada Inc. to Issue $200 Million of Unsecured Debentures
/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTED IN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./
May 04, 2023 05:15 pm ET
Sagen MI Canada Inc. Reports First Quarter 2023 Results and Declares Preferred Share Dividend
TORONTO, May 4, 2023 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported first quarter 2023 net income of $101 million.
Feb 02, 2023 04:10 pm ET
Sagen MI Canada Inc. Reports Fourth Quarter 2022 Results and Declares Preferred Share Dividend
TORONTO, Feb. 2, 2023 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported fourth quarter 2022 net income of $146 million.
Nov 03, 2022 05:49 pm ET
Sagen MI Canada Inc. Reports Third Quarter 2022 Results and Declares Preferred Share Dividend
TORONTO, Nov. 3, 2022 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported third quarter 2022 net income of $167 million.
Aug 04, 2022 05:13 pm ET
Sagen MI Canada Inc. Reports Second Quarter 2022 Results and Declares Preferred Share Dividend
TORONTO, Aug. 4, 2022 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported second quarter 2022 net income of $169 million.
Jun 10, 2022 03:43 pm ET
Sagen MI Canada Inc. Announces Annual General Meeting Voting Results
TORONTO, June 10, 2022 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) announced at its annual general meeting (the "Meeting") held on June 10, 2022 the resolutions proposed in the Company's proxy circular were carried. The detailed results are as follows.
May 05, 2022 07:47 pm ET
Sagen MI Canada Inc. Reports First Quarter 2022 Results and Declares Preferred Share Dividend
TORONTO, May 5, 2022 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported first quarter 2022 net income of $155 million.
Feb 22, 2022 08:00 am ET
Sagen MI Canada Inc. and Canadian Association of Credit Counselling Services Launch the Sagen Learning Labs series to Address Financial Literacy
TORONTO, Feb. 22, 2022 /CNW/ - Sagen™, Canada's largest private mortgage insurance provider, and the Canadian and Ontario Association of Credit Counselling Services (CACCS/OACCS), leaders in the financial counselling practitioner sector in the country, are pleased to introduce the Sagen Learning Labs in an effort to help Canadians with their financial fitness. This new initiative aims to assist organizations working with financially distressed customers to understand and work in a more human-first way.
Nov 04, 2021 12:50 pm ET
Sagen MI Canada Inc. Reports Third Quarter 2021 Results and Declares Preferred Share Dividend
TORONTO, Nov. 4, 2021 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported third quarter 2021 net income of $174 million and net operating income of $176 million.
Aug 05, 2021 05:03 pm ET
Sagen MI Canada Inc. Reports Second Quarter 2021 Results and Declares Preferred Share Dividend
TORONTO, Aug. 5, 2021 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) today reported second quarter 2021 net income of $152 million and net operating income of $156 million.
Jun 10, 2021 01:42 pm ET
Sagen MI Canada Inc. Announces Annual General Meeting Voting Results
TORONTO, June 10, 2021 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PR.A) announced at its annual general meeting (the "Meeting") held on June 10, 2020 the resolutions proposed in the Company's proxy circular were carried. The detailed results are as follows.
May 04, 2021 05:12 pm ET
Sagen MI Canada Inc. Reports First Quarter 2021 Results Including Net Operating Income of $139 Million
TORONTO, May 4, 2021 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX: MIC.PRA) today reported first quarter 2021 net income of $133 million and net operating income of $139 million.
May 04, 2021 05:10 pm ET
Sagen MI Canada Inc. Announces Preferred Share Dividend in the Second Quarter of 2021
TORONTO, May 4, 2021 /CNW/ - The Board of Directors of Sagen MI Canada Inc. (the "Company") (TSX: MIC.PRA) today announced that it has authorized and declared a dividend of $0.48822 per Class A preferred share, Series 1, for the second quarter of 2021. This dividend will be paid on June 30th, 2021 to holders of record at the close of business on June 15th, 2021.
Apr 01, 2021 09:00 am ET
Sagen MI Canada Inc. and Brookfield Business Partners L.P. Announce Closing of Arrangement Transaction
TORONTO, April 1, 2021 /CNW/ - Sagen MI Canada Inc. (formerly Genworth MI Canada Inc.) (the "Company") (TSX: MIC) and Brookfield Business Partners L.P. (NSYE: BBU) (TSX: BBU.UN) ("BBU") are pleased to announce the completion of the previously announced plan of arrangement (the "Transaction") pursuant to which BBU, together with certain of its affiliates and institutional partners (collectively, "Brookfield"), purchased all of the outstanding common shares of the Company (the "Common Shares") that were not already owned by Brookfield at a price of $43.50 in cash per Common Share.
Mar 25, 2021 04:26 pm ET
Sagen MI Canada Inc. Obtains Minister of Finance Approval for Acquisition by Brookfield
TORONTO, March 25, 2021 /CNW/ - Sagen MI Canada Inc. (TSX: MIC) (the "Company") is pleased to announce that the federal Minister of Finance has approved the previously announced acquisition (the "Transaction") by Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN), together with certain of its affiliates and institutional partners (collectively, "Brookfield"), of all of the outstanding common shares of the Company (the "Common Shares") that are not already owned by Brookfield at a price of $43.50 in cash per Common Share. The Transaction was approved by the Company's shareholders at
Mar 23, 2021 09:07 am ET
Sagen MI Canada Inc. Completes Issuance of $150 Million of Hybrid Notes
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
Mar 18, 2021 06:34 pm ET
Sagen MI Canada Inc. to Issue $150 Million of Hybrid Notes
/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTED IN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./
Mar 15, 2021 06:56 pm ET
Sagen MI Canada Inc. Announces Consideration of Hybrid Note Offering
TORONTO, March 15, 2021 /CNW/ - Sagen MI Canada Inc. (TSX: MIC) (the "Company") announced today that it is considering an offering of hybrid notes under its base shelf prospectus.
Mar 05, 2021 07:39 am ET
Sagen MI Canada Inc. Completes Issuance of $300 Million of Unsecured Debentures due March 5, 2031
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
Mar 02, 2021 04:38 pm ET
Sagen MI Canada Inc. to Issue $300 Million of Unsecured Debentures
/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTED IN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./
Feb 26, 2021 05:10 pm ET
Sagen MI Canada Inc. Announces Consideration of Debenture Offering
TORONTO, Feb. 26, 2021 /CNW/ - Sagen MI Canada Inc. (TSX: MIC) (the "Company") announced today that it is considering an offering of debentures under its base shelf prospectus.
Feb 18, 2021 07:50 am ET
IIROC Trade Resumption - MIC.PR.A
TORONTO, Feb. 18, 2021 /CNW/ - Trading resumes in:
Feb 18, 2021 07:26 am ET
Sagen MI Canada Inc. Completes $100 Million Preferred Share Offering
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
Feb 18, 2021 07:16 am ET
IIROC Trading Halt - MIC.PR.A
TORONTO, Feb. 18, 2021 /CNW/ - The following issues have been halted by IIROC:
Feb 08, 2021 09:03 am ET
Sagen MI Canada Inc. Announces C$100 Million Bought Deal Issuance of Preferred Shares
Sagen MI Canada Inc. (TSX: MIC) (“Sagen” or the “Company”) announced today that it has agreed to issue 4,000,000 non-cumulative Class A Preferred Shares, Series 1 (the “Series 1 Shares”) on a bought deal basis, for gross proceeds of C$100 million...
Feb 05, 2021 04:11 pm ET
Genworth MI Canada Inc. Announces Name Change to Sagen MI Canada Inc.
TORONTO, Feb. 5, 2021 /CNW/ - Sagen MI Canada Inc. (formerly Genworth MI Canada Inc.) (the "Company") (TSX: MIC), is pleased to announce that the Company has amended its articles in accordance with the Canada Business Corporations Act and, effective today, has changed its name to Sagen MI Canada Inc. (the "Name Change"). The Company's common shares are expected to begin trading on the Toronto Stock Exchange ("TSX") under the new name at market open on or around February 9, 2021. The Company's common shares will continue to trade under the TSX ticker symbol "MIC".
Feb 04, 2021 04:41 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2021
TORONTO, Feb. 4, 2021 /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 first quarter of 2021. This dividend will be paid on March 3rd, 2021 to shareholders of record at the close of business on February 16th, 2021.
Feb 04, 2021 04:38 pm ET
Jan 15, 2021 04:01 pm ET
Genworth MI Canada Inc. Schedules Fourth Quarter 2020 Earnings Release for February 4th, 2021
TORONTO, Jan. 15, 2021 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) today announced it will issue its earnings release, as well as its fourth quarter 2020 consolidated Financial Statements, Management's Discussion and Analysis and Financial Supplement containing the quarterly results after the market closes on February 4th, 2021. Due to the previously announced plan of arrangement that is expected to close in the first half of 2021, the Company will not be holding a fourth quarter 2020 earnings conference call. Investor materials, including a presentation on the fourth quarter
Jan 05, 2021 12:37 pm ET
Genworth MI Canada Inc. Receives Court Approval for Arrangement with Brookfield
TORONTO, Jan. 5, 2021 /CNW/ - Genworth MI Canada Inc., now operating as Sagen MI CanadaTM (the "Company") (TSX: MIC), today announced that the Ontario Superior Court of Justice (Commercial List) has approved the Company's previously announced plan of arrangement (the "Transaction") pursuant to which Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) together with certain of its affiliates and institutional partners (collectively, "Brookfield") will purchase all of the outstanding common shares of the Company (the "Common Shares") that are not already owned by Brookfield at a price o
Dec 22, 2020 12:29 pm ET
Shareholders of Genworth MI Canada Inc. Approve Arrangement with Brookfield
TORONTO, Dec. 22, 2020 /CNW/ - Genworth MI Canada Inc., now operating as Sagen MI CanadaTM (the "Company") (TSX: MIC), today announced that, at the special meeting (the "Special Meeting") of the Company's shareholders ("Shareholders") held today, Shareholders voted to approve the previously announced plan of arrangement (the "Transaction") pursuant to which Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) together with certain of its affiliates and institutional partners (collectively, "Brookfield") will purchase all of the outstanding common shares of the Company (the "Common Sha
Nov 30, 2020 04:01 pm ET
Genworth MI Canada Inc. Mails Circular for Special Meeting of Shareholders and Announces Receipt of Interim Court Order for Plan of Arrangement
TORONTO, Nov. 30, 2020 /CNW/ - Genworth MI Canada Inc., now operating as Sagen MI Canada™ (the "Company") (TSX: MIC), today announced the mailing of its management information circular (the "Circular") and related materials for the special meeting (the "Special Meeting") of the Company's shareholders ("Shareholders") to consider, among other things, the previously announced plan of arrangement (the "Transaction") pursuant to which Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) together with certain of its affiliates and institutional partners (collectively, "Brookfield") will pu
Nov 02, 2020 05:08 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Fourth Quarter of 2020
TORONTO, Nov. 2, 2020 /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 2020. This dividend will be paid on November 30th, 2020 to shareholders of record at the close of business on November 16th, 2020.
Nov 02, 2020 05:04 pm ET
Oct 26, 2020 07:47 am ET
Genworth MI Canada Inc. to be Acquired by Brookfield
Transaction Delivers Substantial Premium, Provides Certain Cash Value to Genworth MI Canada Inc. Shareholders
Oct 26, 2020 07:45 am ET
Brookfield Business Partners to Acquire Remaining Shares of Genworth MI Canada Inc.
Brookfield Business Partners L.P. (NYSE: BBU) (TSX:BBU.UN) (“Brookfield Business Partners”), together with certain of its affiliates and institutional partners (collectively, “Brookfield”), today announced it has entered into an arrangement...
Oct 16, 2020 05:02 pm ET
Genworth MI Canada Inc. Schedules Third Quarter 2020 Earnings Conference Call for November 3rd, 2020
TORONTO, Oct. 16, 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 November 2nd, 2020. A conference call will be held the following day, November 3rd, 2020, at 10:00 AM (ET) to discuss the results for the quarter. Investor materials will be available on the Company's website, https://www.sagen.ca/about/investor-relations/, in advance of the call.
Aug 05, 2020 05:11 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter of 2020
TORONTO, Aug. 5, 2020 /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 third quarter of 2020. This dividend will be paid on September 2nd, 2020 to shareholders of record at the close of business on August 18th, 2020.
Aug 05, 2020 05:07 pm ET
Jul 10, 2020 05:00 pm ET
Genworth MI Canada Inc. Schedules Second Quarter 2020 Earnings Conference Call for August 6th, 2020
TORONTO, July 10, 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 August 5th, 2020. A conference call will be held the following day, August 6th, 2020, at 10:00 AM (ET) to discuss the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jun 08, 2020 09:32 am ET
Genworth MI Canada Inc. Confirms that It Does Not Plan to Change Its Underwriting Policy
TORONTO, June 8, 2020 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) confirms that it has no plans to change its underwriting policy related to debt service ratio limits, minimum credit score and down payment requirements. One of the Company's competitors announced changes to their internal underwriting guidelines with respect to the aforementioned underwriting criteria on June 4, 2020.
Jun 03, 2020 05:08 pm ET
Genworth MI Canada Inc. Announces Annual General Meeting Voting Results
TORONTO, June 3, 2020 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) announced at its annual general meeting held on June 3, 2020 the resolutions proposed in the Company's proxy circular were carried. The detailed results are as follows.
May 05, 2020 05:39 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Second Quarter of 2020
TORONTO, May 5, 2020 /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 second quarter of 2020. This dividend will be paid on June 3rd, 2020 to shareholders of record at the close of business on May 19th, 2020.
May 05, 2020 05:36 pm ET
Apr 20, 2020 05:33 pm ET
Genworth MI Canada Inc. Schedules First Quarter 2020 Earnings Conference Call for May 6th, 2020
TORONTO, April 20, 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 May 5th, 2020. A conference call will be held the following day, May 6th, 2020, at 9:00 AM (ET) to discuss the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Mar 18, 2020 05:20 pm ET
Genworth MI Canada Inc. Announces Redemption Price for 5.68% Debentures due June 15, 2020
TORONTO, March 18, 2020 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) announced on February 20, 2020 that it would redeem all of its outstanding 5.68% debentures due June 15, 2020 (the "Debentures"), being $175 aggregate principal amount, on March 23, 2020 (the "Redemption Date"). Today, the Company has determined the redemption price according to the method and process outlined in the trust indenture governing the Debentures.
Feb 20, 2020 08:14 am ET
Genworth MI Canada Inc. Completes Issuance of $300 Million of Unsecured Debentures due March 1, 2027 and Announces Redemption on March 23, 2020 of its Outstanding 5.68% Debentures due June 15, 2020
TORONTO, Feb. 20, 2020 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) announced that it today completed its previously announced offering (the "Offering") of $300 million of 2.955% debentures due March 1, 2027 (the "Debentures"). The offering was made through a syndicate of agents led by CIBC World Markets Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc. and TD Securities Inc., and including National Bank Financial Inc.
Feb 19, 2020 04:12 pm ET
Genworth MI Canada Inc. Announces Special Dividend
TORONTO, Feb. 19, 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 March 19, 2020, to shareholders of record at the close of business on March 4, 2020.
Feb 13, 2020 04:07 pm ET
Genworth MI Canada Inc. to Issue $300 Million of Unsecured Debentures
/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTED IN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./
Feb 10, 2020 07:00 am ET
Genworth MI Canada Inc. Announces Consideration of Debenture Offering
TORONTO, Feb. 10, 2020 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) announced today that it is considering an offering of debentures under its base shelf prospectus.
Feb 05, 2020 04:00 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2020
TORONTO, Feb. 5, 2020 /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 first quarter of 2020. This dividend will be paid on March 5th, 2020 to shareholders of record at the close of business on February 18th, 2020.
Feb 05, 2020 04:00 pm ET
Feb 04, 2020 04:06 pm ET
Genworth MI Canada Inc. Announces Appointment of Martin Laguerre as a Director
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 at Caisse de dépôt et placement du Québec ("CDPQ"). Prior to joining CDPQ, Mr. Laguerre held senior positions at Canadian Pension Plan Investment Board and General Electric. Mr. Laguerre is a CFA Charterholder and has his International Master of Business Administ
Jan 21, 2020 04:02 pm ET
Genworth MI Canada Inc. Schedules Fourth Quarter 2019 Earnings Conference Call for February 6th, 2020
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 results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jan 15, 2020 04:03 pm ET
Genworth MI Canada Inc. Announces Special Dividend
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 record at the close of business on January 28, 2020.
Jan 07, 2020 10:27 am ET
Habitat for Humanity Canada kicks off national student writing contest
This year’s Meaning of Home contest launched yesterday, with submissions accepted online and by mail from students in Grades 4, 5 and 6 on what home means to them from January 6 to February 21, 2020. Founded by Genworth Canada in 2007, the...
Dec 12, 2019 10:08 am ET
Genworth MI Canada Inc. acknowledges closing of Genworth Financial, Inc. sale of majority interest to Brookfield Business Partners
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").
Dec 09, 2019 04:07 pm ET
Genworth MI Canada Inc. Acknowledges Announcement by Genworth Financial, and Brookfield Business Partners L.P. of Regulatory Approval for Sale of Genworth Financial Stake
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 and they expect to close the transaction on December 12, 2019.
Dec 04, 2019 04:04 pm ET
Genworth MI Canada Inc. Announces Special Dividend
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 record at the close of business on December 18, 2019.
Oct 29, 2019 05:18 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Fourth Quarter of 2019
Increase in quarterly ordinary dividend of $0.03 or 6% from $0.51 to $0.54 per common share
Oct 29, 2019 05:17 pm ET
Oct 15, 2019 05:16 pm ET
Genworth MI Canada Inc. Schedules Third Quarter 2019 Earnings Conference Call for October 30th, 2019
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 the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Sep 12, 2019 05:09 pm ET
Genworth MI Canada Inc. Announces Special Dividend
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 the close of business on September 26, 2019.
Aug 13, 2019 06:34 am ET
Genworth MI Canada Inc. acknowledges announcement by Genworth Financial, Inc. of sale of stake to Brookfield Business Partners L.P.
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 Financial and its subsidiaries, representing an approximate 57% interest in Genworth Canada at a purchase price of $48.86 per share.
Aug 13, 2019 06:29 am ET
Brookfield Business Partners to Acquire Control of Genworth Canada
Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") announced today an agreement (the “Purchase Agreement”) to acquire an aggregate of 48,944,645 common shares (the “Acquired Shares”) of Genworth MI Canada...
Aug 13, 2019 06:29 am ET
Brookfield Business Partners to Acquire Genworth's Stake in Genworth MI Canada Inc.; Genworth and Oceanwide Agree to Extend Merger Agreement
RICHMOND, Va., Aug. 13, 2019 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) ("Genworth") and Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) ("Brookfield Business Partners") today announced an agreement for Brookfield Business Partners to purchase Genworth's majority interest in Genworth MI Canada Inc. (Genworth Canada). Genworth Canada is the largest private sector residential mortgage insurer in Canada.
Jul 30, 2019 05:25 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter of 2019
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 close of business on August 14th, 2019.
Jul 30, 2019 05:25 pm ET
Jul 12, 2019 04:54 pm ET
Genworth MI Canada Inc. Schedules Second Quarter 2019 Earnings Conference Call for July 31st, 2019
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 the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jul 01, 2019 07:30 am ET
Genworth MI Canada Inc. acknowledges announcement of potential disposition by Genworth Financial, Inc. of its interests in the Company
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 deadline of June 30, 2019.
Jun 21, 2019 05:48 pm ET
Genworth MI Canada Inc. announces redemption price for 5.68% Debentures due June 15, 2020
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, the Company has determined the redemption price according to the method and process outlined in the trust indenture governing the Debentures.
Jun 05, 2019 05:12 pm ET
Genworth MI Canada Inc. Announces Annual General Meeting Voting Results
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.
Jun 05, 2019 07:50 am ET
Genworth MI Canada Inc. Announces Special Dividend
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 at the close of business on June 17, 2019.
May 23, 2019 09:10 am ET
Genworth MI Canada Inc. Completes Issuance of $100 Million of Unsecured Debentures due April 1, 2024 and Announces Redemption on June 26, 2019 of $100 Million of its 5.68% Debentures due June 15, 2020
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").
May 23, 2019 06:00 am ET
Three grand prize winners from Alberta, Manitoba and Newfoundland win Meaning of Home contest in support of Habitat for Humanity Canada
Over 8,000 Grades 4, 5 and 6 students from across Canada shared what home means to them in the annual Meaning of Home contest in support of Habitat for Humanity Canada. Each of the three grand prize winners (one from each grade) will receive a...
May 16, 2019 05:03 pm ET
Genworth MI Canada Inc. to Issue $100 Million of Additional Unsecured Debentures
/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTED IN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./
May 09, 2019 05:02 pm ET
Genworth MI Canada Inc. Announces the Successful Consent Solicitation for its 4.242% Debentures Due April 1, 2024 and Consideration of Debenture Offering
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 under the Supplemental Indenture from $160 million to $300 million, thereby providing the Company with the right, but not the obligation, to offer for issuance up to an additional $140 million principal amount of Debentures,
Apr 30, 2019 05:32 pm ET
Genworth MI Canada Inc. Announces Acceptance by TSX of Normal Course Issuer Bid
TORONTO, April 30, 2019 /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 of the TSX and/or alternative trading systems, from time to time over the next 12 months, up to an aggregate of 4,379,933 of its issued and outstanding common shares (the "Common Shares"), being 5% of the Common Shares outstanding as of April
Apr 30, 2019 05:29 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Second Quarter of 2019
TORONTO, April 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 May 29th, 2019 to shareholders of record at the close of business on May 10th, 2019.
Apr 30, 2019 05:28 pm ET
Apr 22, 2019 05:00 pm ET
Genworth MI Canada Inc. Announces the Commencement of Consent Solicitation for its 4.242% Debentures Due April 1, 2024
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 22, 2019 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) today announced that it has commenced a solicitation of consents (the "Consent Solicitation") to amend the third series supplement (the "Supplemental Indenture") dated April 1, 2014 to the trust indenture
Apr 18, 2019 04:56 pm ET
Genworth MI Canada Inc. Schedules First Quarter 2019 Earnings Conference Call for May 1st, 2019
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 results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Feb 05, 2019 05:07 pm ET
Genworth MI Canada Inc. Announces Appointment of Rajinder Singh as a Director
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 Insurance for Genworth Financial, Inc. since 2014 and has previously served in similar roles at CitiMortgage and GE Capital. Mr. Singh also serves as director on the boards of India Mortgage Guarantee Corporation and of Genworth Seguros de Credito a la Vivienda, Mexico. Mr. Sin
Feb 05, 2019 04:29 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2019
TORONTO, Feb. 5, 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 first quarter of 2019. This dividend will be paid on March 6th, 2019 to shareholders of record at the close of business on February 15th, 2019.
Feb 05, 2019 04:26 pm ET
Jan 24, 2019 04:21 pm ET
Genworth MI Canada Inc. Schedules Fourth Quarter 2018 Earnings Conference Call for February 6th, 2019
TORONTO, Jan. 24, 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 February 5th, 2019. A conference call will be held the following day, February 6th, 2019, at 9:30 AM (ET) to discuss the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jan 11, 2019 03:16 pm ET
National Student Writing Contest in Support of Habitat for Humanity Canada Launches
TORONTO, Jan. 11, 2019 /CNW/ - Students across the country have an opportunity to help a family become a Habitat homeowner, thanks to the Meaning of Home contest, a national writing contest in support of Habitat for Humanity Canada. The Meaning of Home contest asks students in Grades 4, 5 and 6 to submit an essay or poem on what home means to them to help support a Habitat build of their choice.
Oct 30, 2018 05:02 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Fourth Quarter 2018
Increase in quarterly dividend of $0.04 or 9% from $0.47 to $0.51 per common share
Oct 30, 2018 04:59 pm ET
Oct 17, 2018 05:03 pm ET
Genworth MI Canada Inc. Schedules Third Quarter 2018 Earnings Conference Call for October 31st, 2018
TORONTO, Oct. 17, 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 October 30th, 2018. A conference call will be held the following day, October 31st, 2018, at 10:00 AM (ET) to discuss the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Aug 09, 2018 10:17 am ET
Genworth MI Canada Inc. Comments on OSFI's Guideline Related to Mortgage Insurer Capital Adequacy Test
TORONTO, Aug. 9, 2018 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) comments on the guideline entitled: "Mortgage Insurer Capital Adequacy Test" ("MICAT") released earlier today by the Office of the Superintendent of Financial Institutions ("OSFI"). The new guideline consolidates OSFI's current capital requirements for mortgage insurers into a single document, incorporating elements from OSFI's January 1, 2017 advisory, on "Capital Requirements for Federally Regulated Mortgage Insurers" and relevant chapters of the "2018 Minimum Capital Test for Federally Regulated Property and
Jul 31, 2018 05:26 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter 2018
TORONTO, July 31, 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 third quarter of 2018. This dividend will be paid on August 30, 2018, to shareholders of record at the close of business on August 13, 2018.
Jul 31, 2018 05:18 pm ET
Jul 19, 2018 08:30 am ET
Genworth MI Canada Inc. Schedules Second Quarter 2018 Earnings Conference Call for August 1st, 2018
TORONTO, July 19, 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 July 31st, 2018. A conference call will be held the following day, August 1st, 2018, at 10:00 AM (ET) to discuss the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jun 06, 2018 05:08 pm ET
Genworth MI Canada Inc. Announces Annual General Meeting Voting Results
TORONTO, June 6, 2018 /CNW/ - Genworth MI Canada Inc. (TSX: MIC) ("Genworth Canada" or the "Company") announced at its annual general meeting held on June 6, 2018 the resolutions proposed in the Company's proxy circular were carried. The detailed results are as follows.
May 23, 2018 10:44 am ET
Genworth Canada looks to promote financial literacy amongst young Canadians
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.
May 07, 2018 09:00 am ET
Millennials are the Engine of the Real Estate Market
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 past two years, compared to just 9 percent of older Canadians. And over the next two years, among non-owners another 30 per cent of millennials plan on making their first home purchase, making them the engine of the real estate market. The annual poll, completed in conjunction wit
May 01, 2018 05:30 pm ET
Genworth MI Canada Inc. Announces Acceptance by TSX of Normal Course Issuer Bid
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 of the TSX and/or alternative trading systems, from time to time over the next 12 months, up to an aggregate of 4,489,616 of its issued and outstanding common shares (the "Common Shares"), being 5% of the Common Shares outstanding as of April 27
May 01, 2018 05:30 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Second Quarter 2018
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 of business on May 14, 2018.
May 01, 2018 05:30 pm ET
Genworth MI Canada Inc. Reports First Quarter 2018 Results Including Net Operating Income of $119 Million
Transactional Premiums Written:
Apr 18, 2018 05:21 pm ET
Genworth MI Canada Inc. Schedules First Quarter 2018 Earnings Conference Call for May 2nd, 2018
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 results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Mar 05, 2018 09:18 am ET
National Meaning of Home youth writing contest raises $170,000 for Habitat for Humanity
Nine-year old winner chooses Habitat for Humanity Manitoba to receive $50,000 grant
Feb 06, 2018 04:17 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the First Quarter 2018
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 close of business on February 20, 2018.
Feb 06, 2018 04:14 pm ET
Genworth MI Canada Inc. Reports Fourth Quarter And Full Year 2017 Results Including Net Operating Income of $467 Million
TORONTO, Feb. 6, 2018 /CNW/ -
Jan 23, 2018 04:29 pm ET
Genworth MI Canada Inc. Schedules Fourth Quarter 2017 Earnings Conference Call for February 7th, 2018
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 the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jan 12, 2018 04:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Buyback and Shareholder Yield Indices
Nov 02, 2017 06:35 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Fourth Quarter 2017
Increase in quarterly dividend of $0.03 or 7% from $0.44 to $0.47 per common share
Nov 02, 2017 06:34 pm ET
Genworth MI Canada Inc. Reports Third Quarter 2017 Results Including Net Operating Income of $112 Million
Increase in quarterly dividend of $0.03 or 7% from $0.44 to $0.47 per common share
Oct 20, 2017 12:42 pm ET
Genworth MI Canada Inc. Schedules Third Quarter 2017 Earnings Conference Call for November 3rd, 2017
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 the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Oct 10, 2017 11:00 am ET
Students can help build more Habitat for Humanity homes through the Genworth Canada's Meaning of Home writing contest
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 Habitats in communities across the country. The contest begins October 10 and ends November 30, 2017.
Aug 01, 2017 07:06 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter 2017
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 of business on August 15, 2017.
Aug 01, 2017 07:03 pm ET
Genworth MI Canada Inc. Reports Second Quarter 2017 Results Including Net Operating Income of $126 Million
Transactional Premiums Written:
Jul 19, 2017 06:54 pm ET
Genworth MI Canada Inc. Schedules Second Quarter 2017 Earnings Conference Call for August 2nd, 2017
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 the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jun 13, 2017 11:00 am ET
Genworth Canada to support Habitat for Humanity's 2017 Jimmy & Rosalynn Carter Work Project in Canada
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. Former U.S. President Jimmy Carter and his wife Rosalynn, will be visiting Canada from July 9-14, 2017, focusing their efforts in Edmonton, Alberta, and in Winnipeg, Manitoba.
Jun 08, 2017 06:30 pm ET
Genworth MI Canada Inc. Announces Annual General Meeting Voting Results
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.
May 08, 2017 11:00 am ET
First-Time Homebuyers Continue to Believe Owning a Home is a Wise Financial Decision and Can Adapt to Today's Challenging Housing Market
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 (46%); and 3) saved enough for a down payment (45%). A further three in ten (29%) said they disliked renting a home. Nearly six out of ten or 57% of first-time homebuyers indicated that they would have a more difficult time buying with the stricter mo
May 02, 2017 07:47 pm ET
Genworth MI Canada Inc. Announces Acceptance by TSX of Normal Course Issuer Bid
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 of the TSX or through other permitted means (including through other published markets), from time to time over the next 12 months, up to an aggregate of 4,597,385 of its issued and outstanding common shares (the "Common Shares"), being 5% of th
May 02, 2017 06:31 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Second Quarter 2017
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 of business on May 12, 2017.
May 02, 2017 06:27 pm ET
Genworth MI Canada Inc. Reports First Quarter 2017 Results
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
Apr 26, 2017 06:20 pm ET
Genworth Canada Comments on Recent Market Developments
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 Capital originated mortgages. As at March 31, 2017, Home Capital originated mortgages represent approximately 1% of Genworth Canada's overall business. At present, our delinquency rate with respect to Home Capital originated mortgages is less than our o
Apr 20, 2017 02:43 pm ET
Genworth Canada commends the Ontario Government for addressing housing affordability in the Greater Golden-Horseshoe market
TORONTO, April 20, 2017 /CNW/ - Genworth Canada commends the Ontario Government for taking action to address affordability in the Greater Golden-Horseshoe (GGH) housing market.
Apr 18, 2017 06:24 pm ET
Genworth MI Canada Inc. Schedules First Quarter 2017 Earnings Conference Call for May 3rd, 2017
TORONTO, April 18, 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 May 2nd, 2017. A conference call will be held the following day, May 3rd, 2017, at 10:00 AM (EST) to discuss the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Mar 09, 2017 11:48 am ET
Two Students from Ontario Place Second Among 10,000 Entries in Genworth Canada's 10th Annual Meaning of Home Contest in Support of Habitat for Humanity Canada
TORONTO, March 9, 2017 /CNW/ - Ten year old River Doherty of St. Andrews West, Ontario, and 11 year old Trinity Campbell of Penetanguishene, Ontario were selected as runners-up from among 10,000 entries in the Genworth Canada 10th Annual Meaning of Home Contest, in support of Habitat for Humanity Canada. As two of the 10 second place winners of the contest, River and Trinity will award $5,000 each to help families in need of safe, decent housing build homes in Ontario. The first place prize was awarded to Bensen Wilmer of Victoria, British Columbia who has chosen Habitat for Humanity Iqalui
Mar 09, 2017 11:47 am ET
North Battleford Student Places Second Among 10,000 Entries in Genworth Canada's 10th Annual Meaning of Home Contest in Support of Habitat for Humanity Canada
TORONTO, March 9, 2017 /CNW/ - Eleven year old Jasmine Bouchard, North Battleford, Saskatchewan, was selected as a runner-up from among 10,000 entries in the Genworth Canada 10th Annual Meaning of Home Contest, in support of Habitat for Humanity Canada. As one of the 10 second place winners of the contest, Jasmine will award $5,000 to help families in need of safe, decent housing build homes in Saskatchewan. The first place prize was awarded to Bensen Wilmer of Victoria, British Columbia, who has chosen Habitat for Humanity Iqaluit to be the beneficiary of a $50,000 grant to help make a dif
Mar 09, 2017 11:47 am ET
Two Students from British Columbia Place Second Among 10,000 Entries in Genworth Canada's 10th Annual Meaning of Home Contest in Support of Habitat for Humanity Canada
TORONTO, March 9, 2017 /CNW/ - Eleven year olds Kaedan Rosman of Salmon Arm, B.C., and Samara Dolinksy from Victoria, B.C., were selected as runners-up from among 10,000 entries in the Genworth Canada 10th Annual Meaning of Home Contest, in support of Habitat for Humanity Canada. As two of the 10 second place winners of the contest, Kaedan and Samara will award $5,000 each to help families in need of safe, decent housing build homes in British Columbia. The first place prize was awarded to Bensen Wilmer of Victoria, British Columbia who has chosen Habitat for Humanity Iqaluit to be the bene
Mar 09, 2017 11:45 am ET
Eleven Year Old Bensen Wilmer Chosen Amongst 10,000 Entries as the Winner of Genworth Canada's 10th Annual Meaning of Home Contest in Support of Habitat for Humanity Canada
TORONTO, March 9, 2017 /CNW/ - Students in grades 4, 5 and 6 were asked "What is the Meaning of Home?" More than 10,000 students from across the country responded to Genworth Canada's 10th Annual Meaning of Home Contest, in support of Habitat for Humanity Canada. The 2017 winning entry belonged to Bensen Wilmer, an 11 year old student from Victoria, British Columbia. Bensen has selected Habitat for Humanity Iqaluit to be the beneficiary of a $50,000 grant to help make a difference in Indigenous communities. An additional $5,000 was awarded to 10 second-place winners.
Mar 09, 2017 11:28 am ET
Fort McMurray Student Places Second Among 10,000 Entries in Genworth Canada's 10th Annual Meaning of Home Contest in Support of Habitat for Humanity Canada
TORONTO, March 9, 2017 /CNW/ - Ten year old Bayan Assaf of Fort McMurray, Alberta was selected as a runner-up from among 10,000 entries in the Genworth Canada 10th Annual Meaning of Home Contest, in support of Habitat for Humanity Canada. As one of the 10 second place winners of the contest, Bayan will award $5,000 to help families in need of safe, decent housing build homes in Alberta. The first place prize was awarded to Bensen Wilmer of Victoria, British Columbia who has chosen Habitat for Humanity Iqaluit to be the beneficiary of a $50,000 grant to help make a difference in Indigenous c
Feb 07, 2017 05:54 pm ET
Genworth MI Canada Inc. Announces Appointment of Neil Parkinson as a Director
TORONTO, Feb. 7, 2017 /CNW/ - The Board of Directors of Genworth MI Canada Inc. (the "Company") (TSX: MIC) are pleased to announce today that Neil Parkinson has been appointed to the Board of Directors of the Company and its main operating subsidiary.
Feb 07, 2017 05:35 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the First Quarter 2017
TORONTO, Feb. 7, 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 first quarter of 2017. This dividend will be paid on March 8, 2017, to shareholders of record at the close of business on February 20, 2017.
Feb 07, 2017 05:31 pm ET
Genworth MI Canada Inc. Reports Fourth Quarter and Full Year 2016 Results
Premiums Earned: $164 million in Q4, up 9% Y/Y; $638 million for 2016, up 9% Y/YLoss Ratio: 18% in Q4, down 5 points Y/Y; 22% for 2016, up one point Y/Y Net Income: $140 million in Q4, up 43% Y/Y, $417 million for 2016, up 5% Y/YNet Operating Income: $105 million in Q4, up 10% Y/Y; $388 million for 2016, up 3% Y/Y Fully Diluted Operating EPS: $1.14 in Q4, up 11% Y/Y; $4.23 for 2016, up 4% Y/Y
Jan 30, 2017 05:30 pm ET
Genworth Canada: Finance Committee Submission Canadian Real Estate Market and Home Ownership
OTTAWA, Jan. 30, 2017 /CNW/ - Stuart Levings, President and Chief Executive Officer of Genworth MI Canada Inc. (TSX: MIC) will be on Parliament Hill to appear as a witness, before the Standing Committee on Finance as part of its study of the Canadian Real Estate Market and Home Ownership.
Jan 26, 2017 05:09 pm ET
Genworth MI Canada Inc. Schedules Fourth Quarter 2016 Earnings Conference Call for February 8th, 2017
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 results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jan 17, 2017 06:28 pm ET
Genworth Canada Announces New Mortgage Insurance Premium Rates
TORONTO, Jan. 17, 2017 /CNW/ - Effective March 17, 2017, Genworth Canada will increase its transactional mortgage insurance premium rates for homebuyers.
Nov 03, 2016 07:05 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Fourth Quarter 2016
Increase in quarterly dividend of $0.02 or 5% from $0.42 to $0.44 per common share
Nov 03, 2016 07:03 pm ET
Genworth MI Canada Inc. Reports Third Quarter 2016 Results Including Net Operating Income of $93 Million
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
Oct 25, 2016 06:25 pm ET
Genworth MI Canada Inc. Schedules Third Quarter 2016 Earnings Conference Call for November 4th, 2016
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 results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Oct 04, 2016 10:34 am ET
Genworth MI Canada Inc. Comments on Recently Announced Mortgage Insurance Changes
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:
Sep 29, 2016 09:00 am ET
Building Homes, Building Hope - One Essay at a Time!
10th Anniversary of the Genworth Canada Meaning of Home Contest
Sep 26, 2016 06:28 pm ET
Genworth MI Canada Inc. Provides Primer on OSFI's Draft Advisory For The New Capital Framework For Mortgage Insurers
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 for residential mortgage insurance companies. The proposed framework is more risk sensitive and incorporates additional risk attributes, including credit score, remaining amortization and outstanding loa
Sep 23, 2016 10:34 am ET
Genworth MI Canada Inc. Comments On OSFI's Draft Advisory For The New Capital Framework For Mortgage Insurers
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 requirements for residential mortgage insurance companies. The proposed framework is more risk sensitive and incorporates additional risk attributes, including credit score, remaining amortization and outstan
Aug 02, 2016 06:24 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter 2016
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 close of business on August 12, 2016.
Aug 02, 2016 06:20 pm ET
Genworth MI Canada Inc. Reports Second Quarter 2016 Results Including Net Operating Income of $99 Million
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
Jul 15, 2016 06:00 pm ET
Genworth MI Canada Inc. Schedules Second Quarter 2016 Earnings Conference Call for August 3rd, 2016
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 results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Jun 02, 2016 06:24 pm ET
Genworth MI Canada Inc. Announces Annual General Meeting Voting Results
TORONTO, June 2, 2016 /CNW/ - Genworth MI Canada Inc. (TSX: MIC) ("Genworth Canada" or the "Company") announced at its annual general meeting held on June 2, 2016 the resolutions proposed in the Company's proxy circular were carried. The detailed results are as follows.
May 17, 2016 09:19 pm ET
Genworth Canada DBRS Ratings Update
DBRS confirms the rating for Genworth Financial Mortgage Insurance Company Canada at AA and revises the rating for Genworth MI Canada Inc. to A (high)
May 12, 2016 06:20 pm ET
Genworth MI Canada Releases 2015 Annual Report and 2016 Management Information Circular
TORONTO, May 12, 2016 /CNW/ - Genworth MI Canada Inc. (Genworth Canada) (TSX: MIC) today announced that its 2015 Annual Report and 2016 Management Information Circular and Proxy Form are available for download on the Company website at http://investor.genworthmicanada.ca/.
Apr 29, 2016 10:45 am ET
Genworth MI Canada Inc. Announces Acceptance by TSX of Normal Course Issuer Bid
TORONTO, April 28, 2016 /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 of the TSX or through other permitted means (including through other published markets), from time to time over the next 12 months, up to an aggregate of 4,589,958 of its issued and outstanding common shares (the "Common Shares"), being appro
Apr 28, 2016 06:24 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the Second Quarter 2016
TORONTO, April 28, 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 second quarter of 2016. This dividend will be paid on May 27, 2016, to shareholders of record at the close of business on May 13, 2016.
Apr 28, 2016 06:20 pm ET
Genworth MI Canada Inc. Reports First Quarter 2016 Results
Premiums Earned: $154 million, up 8% Y/YLoss Ratio: 24%, up 2 points Y/YNet Operating Income: $91 million, down 5% Y/YFully Diluted Operating EPS: $0.99, down 4% Y/Y
Apr 13, 2016 09:00 am ET
Apr 12, 2016 07:25 pm ET
Genworth MI Canada Inc. Schedules First Quarter 2016 Earnings Conference Call for April 29th, 2016
TORONTO, April 12, 2016 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) today announced it will issue its earnings release and financial supplement containing the fourth quarter results after the market closes on April 28th, 2016. A conference call will be held the following day, April 29th, 2016, at 10:00 AM (ET) to discuss the results for the quarter. Investor materials will be available on the Company's website, http://investor.genworthmicanada.ca, in advance of the call.
Feb 04, 2016 05:11 pm ET
Genworth MI Canada Inc. Announces Common Dividend in the First Quarter 2016
TORONTO, Feb. 4, 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 first quarter of 2016. This dividend will be paid on March 2, 2016, to shareholders of record at the close of business on February 16, 2016.
Feb 04, 2016 05:08 pm ET
Genworth MI Canada Inc. Reports Fourth Quarter 2015 And Full Year Results
Net Premiums Written: $213 million in Q4, up 20% Y/Y; $809 million for 2015, up 26% Y/YLoss Ratio: 23% in Q4, down 3 points Y/Y; 21% for 2015, up one point Y/Y Net Operating Income: $95 million in Q4, up 14% Y/Y; $375 million for 2015, up 3% Y/Y Fully Diluted Operating EPS: $1.03 in Q4, up 16% Y/Y; $4.05 for 2015, up 5% Y/Y
Feb 03, 2016 08:00 am ET
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