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Genworth Mi Canada Inc. Announces Name Change To Sagen Mi Canada Inc.
Genworth Mi Canada Inc. Reports Q4 Net Operating Income Of $124 Million
Genworth Mi Canada Inc Reports Q3 Earnings Per Share C$1.44
Sagen MI Canada Inc., formerly Genworth MI Canada Inc., through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, doing business as Sagen, operates as a private-sector residential mortgage insurer. The Company underwrites mortgage insurance for residential properties in various provinces and territories of Canada. Its products and services include Homebuyer 95 Program, New to Canada Program, Investment Property Program, Purchase Plus Improvements Program and Family Plan Program. The Company offers both transactional and portfolio mortgage insurance. Its transactional mortgage insurance covers default risk on mortgage loans secured by residential properties to protect lenders from any resulting losses on claims. It also provides portfolio mortgage insurance to lenders for loans with loan-to-value ratios of 80% or less. It works with lenders, mortgage brokers and real estate agents across Canada to make homeownership accessible for first-time homebuyers.
Insurance (Prop. & Casualty)
2060 Winston Park Dr Suite 300
Chairman of the Board
President, Chief Executive Officer, Director
Chief Financial Officer, Senior Vice President
Senior Vice President, Chief Information Officer
Senior Vice President, Chief Risk Officer
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Genworth MI Canada <MIC.TO> said on Monday real estate service provider Brookfield Business Partners <BBU_u.TO> will buy the remaining 43% stake it does not hold in the mortgage insurer for about C$1.6 billion ($1.21 billion).
Mortgage insurer Genworth MI Canada said on Monday Brookfield Business Partners will buy the remaining 43% stake it does not hold in the insurer for about C$1.6 billion ($1.21 billion).
* GENWORTH MI CANADA INC. CONFIRMS THAT IT DOES NOT PLAN TO CHANGE ITS UNDERWRITING POLICY
Genworth MI Canada Inc <MIC.TO>, which runs the largest Canadian private residential mortgage insurer, said on Monday it has no plans to change its underwriting policy for debt service ratio limits, minimum credit score and downpayment requirements.
* REPORTS FIRST QUARTER 2020 RESULTS INCLUDING NET OPERATING INCOME OF $117 MILLION
* GENWORTH MI CANADA INC - DECLARED A SPECIAL DIVIDEND OF $2.32 PER COMMON SHARE Source text for Eikon: Further company coverage:
* GENWORTH MI CANADA INC. TO ISSUE $300 MILLION OF UNSECURED DEBENTURES Source text for Eikon: Further company coverage:
* . REPORTS FIRST QUARTER 2018 RESULTS INCLUDING NET OPERATING INCOME OF $119 MILLION
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.