MarketScreener Homepage > Equities > Toronto Stock Exchange > Genworth MI Canada Inc. MIC CA37252B1022

Report

Delayed Toronto Stock Exchange - 01/15 04:00:00 pm
43.46	CAD		+0.07%

01/15

GENWORTH MI CANADA INC. : Schedules Fourth Quarter 2020 Earnings Release for February 4th, 2021

01/05

GENWORTH MI CANADA : Receives Court Approval For Brookfield Arrangement

01/05

GENWORTH MI CANADA INC. : Receives Court Approval for Arrangement with Brookfield

Company

Business Summary

Genworth MI Canada Inc., through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, operates as a private-sector residential mortgage insurer. The Company provides mortgage default insurance to Canadian residential mortgage lenders. It underwrites mortgage insurance for residential properties in various provinces and territories of Canada. 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. Under mortgage insurance, it serves originators of residential mortgage loans, such as banks, mortgage loan and trust companies, and credit unions. It works with lenders, mortgage brokers and real estate agents across Canada to make homeownership accessible for first-time homebuyers.

Sales per Business

	2018		2019		Delta
	CAD (in Million)	%	CAD (in Million)	%	Delta
Mortgage Insurance	869.72	100.7%	857.82	98.2%	-1.37%

Sales per region

	2018		2019		Delta
	CAD (in Million)	%	CAD (in Million)	%	Delta
Canada	869.72	100.7%	857.82	98.2%	-1.37%

Managers and Directors

Name	Age	Since	Title
Stuart Levings	46	2015	President, Chief Executive Officer & Director
David Nowak	50	2019	Chairman
Jim Spitali	-	-	Senior Vice President-Operations
Philip Mayers	-	2009	Chief Financial Officer & Senior Vice President
Zorica Todorovic	-	2019	Chief Information Officer & Senior VP
Sidney Mortimer Horn	69	2012	Lead Independent Director
Andrea Bolger	61	2016	Independent Director
Sharon Giffen	-	2017	Director
Neil Parkinson	-	2017	Independent Director
Spencer Enright	-	2019	Director

Equities

	Vote	Quantity	Free-Float		Company-owned shares		Total Float
Stock A	1	86,291,079	37,107,137	43.0%	0	0.0%	43.0%

Shareholders

Name	Equities	%
Brookfield Business Partners L.P.	48,944,645	56.7%
Fidelity Management & Research Co. LLC	3,378,896	3.92%
Royce & Associates LP	2,484,756	2.88%
Dimensional Fund Advisors LP	1,905,317	2.21%
CIBC Asset Management, Inc.	1,468,018	1.70%
BlackRock Asset Management Canada Ltd.	1,376,375	1.60%
Norges Bank Investment Management	1,147,133	1.33%
The Vanguard Group, Inc.	1,042,154	1.21%
BC Investment Management Corp.	812,423	0.94%
SEB Investment Management AB	667,945	0.77%

Company contact information

Genworth MI Canada, Inc.
2060 Winston Park Drive
Suite 300
Oakville, ON L6H 5R7

Phone : +1.905.287.5300
Fax : +1.905.287.5472
Web : http://www.genworth.ca

Sector

Financials
	Insurance
		Insurance
			Property & Casualty Insurance
				Property Insurance

Sector Property & Casualty Insurance

	1st jan.	Capitalization (M$)

GENWORTH MI CANADA INC.	0.12%	2 947



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Sector Property & Casualty Insurance

Connections : Genworth MI Canada Inc.