Report
Marcos Alvarez ...
  • Nadja Dreff

Sagen Mortgage Insurance Company Canada: Rating Report

On April 4, 2022, DBRS Limited (DBRS Morningstar) confirmed the Financial Strength Rating of Sagen Mortgage Insurance Company Canada (previously Genworth Financial Mortgage Insurance Company Canada) at AA with a Stable trend. In addition, DBRS Morningstar confirmed the Issuer Rating and Senior Unsubordinated Debt rating of Sagen MI Canada Inc. (Sagen or the Company) at A (high), the Preferred Shares rating at Pfd-2 (high), and the Fixed-to-Fixed Rate Subordinated Notes rating at A (low). All trends are Stable.
Underlyings
SAGEN MI CANADA INC.

Sagen MI Canada Inc.

Sagen Mortgage Insurance Company Canada

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Marcos Alvarez

Nadja Dreff

Other Reports on these Companies
Other Reports from DBRS Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch