Inactive Instrument

Sagen MI Canada

Equities

MIC

CA7866881013

Sagen MI Canada Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

August 02, 2023

Sagen MI Canada Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was CAD 111.89 million compared to CAD 133.34 million a year ago.
For the six months, net income was CAD 213.09 million compared to CAD 238.96 million a year ago.

Latest news about Sagen MI Canada

Sagen MI Canada Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 01	CI
Sagen MI Canada Inc. Reports Q4 2023 Results And Declares Preferred Share Dividend; Says IFRS 17 Had a "Material Impact" on Financial Statements	Feb. 01	MT
Sagen MI Canada Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Sagen MI Canada Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-02	CI
Sagen MI Canada Inc. Announces Redemption Price for 4.242% Debentures Due April 1, 2024	23-06-14	CI
Sagen MI Canada Inc. Approves the Appointment of Sophia Chen as Director	23-06-09	CI
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	23-05-19	CI
Sagen MI Canada Inc. announced that it has received CAD 200 million in funding	23-05-18	CI
Sagen MI Canada Inc. announced that it expects to receive CAD 200 million in funding	23-05-15	CI
Sagen MI Canada Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-04	CI
Sagen MI Canada Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-02	CI
Sagen MI Canada Inc.(TSX:MIC.PRA) dropped from S&P/TSX Preferred Share Index	23-01-23	CI
Sagen MI Canada Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-03	CI
Sagen MI Canada Inc. acquired additional 8.61% stake in India Mortgage Guarantee Corporation Private Limited for $10 million.	22-11-02	CI
Sagen MI Canada Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-04	CI
Sagen MI Canada Inc. acquired 31.39% stake in India Mortgage Guarantee Corporation Private Limited on CAD0.03 million.	22-08-03	CI
Sagen MI Canada Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-04	CI
India Mortgage Guarantee Corporation Private Limited announced that it expects to receive funding from Sagen MI Canada Inc.	22-04-27	CI
Sagen MI Canada Inc. Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-02	CI
Sagen MI Canada Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-04	CI
Sagen Mi Canada Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-05	CI
KPS Capital Partners To Sell DexKo To Brookfield Business Partners	21-07-05	MT
Sagen MI Canada Inc. Announces Board Appointments	21-06-10	CI
Transcript : Sagen MI Canada Inc. - Shareholder/Analyst Call	21-06-10
Earnings Flash (MIC.PRA.TO) SAGEN MI CANADA Posts Q1 EPS Net income of $133 Million	21-05-04	MT

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Company Profile

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.

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