Sagen MI Canada Inc., through its subsidiary, Genworth Financial Mortgage Insurance Company Canada (now operating as SagenTM), has been a leading Canadian private residential mortgage insurer since 1995.

The issuer ratings of Sagen MI Canada Inc. and financial strength ratings of Genworth Financial Mortgage Insurance Company Canada reflect each rating agency’s opinion regarding the financial strength, operating performance, ability to meet obligations and other considerations with respect to the respective companies.

S&P DBRS
Issuer Rating
Sagen MI Canada Inc. BBB+
Negative
A (high)
Negative
Financial Strength
Genworth Financial Mortgage Insurance Company Canada A+
Negative
AA
Negative
Senior Unsecured Debentures
Sagen MI Canada Inc. BBB+
Negative
A (high)
Negative
4.95% Fixed-to-Fixed Rate Subordinated Notes Series 2021-1 due March 24, 2081
Sagen MI Canada Inc. BBB-
Negative
A (low)
Negative
5.4% Fixed-Rate Non-Cumulative Series 1 Class A Preferred Shares
Sagen MI Canada Inc. P-2 (low)
Negative
Pfd-2 (high)
Negative