Sagen MI Canada Inc · TSX:MIC.PR.A
Sagen MI Canada — Genworth MI Canada — Investor Presentation (June 2012)
8 slides from Sagen MI Canada's investor presentation, Jun 12, 2012
Slide 1: Genworth MI Canada Inc.
Genworth MI Canada Inc. Genworth MI Canada Inc. 1 June 2012
Slide 2: Forward-Looking and Non-IFRSs Statements
Forward-Looking and Non-IFRSs Statements This presentation includes certain forward-looking statements. These forward-looking statements include, but are not limited to, statements with respect to the Company’s future operating and financial results, expectations regarding premiums written, capital
Slide 3: Leading private Canadian MI platform
Leading private Canadian MI platform Highly attractive mortgage market Long standing relationships with the largest lenders Insurance portfolio diversified by lender, geography, and year Proactive risk management platform High quality investment portfolio Experienced management team Deli
Slide 4: Competitive strengths
Competitive strengths Solid Lender Best In Class Service & Relationships Technology National breadth Difficult to replicate and scale Collaborative Risk Culture Management Deep understanding of Customer centric markets Financial Strength Genworth MI Canada Inc. 4 June 2012
Slide 5: Stabilizing housing market environment
Stabilizing housing market environment Slowing home price appreciation o Balanced market conditions o Flat outlook for remainder of 2012 Smaller high loan-to-value market o Government guarantee product changes o Fewer refinance transactions Continued strong borrower quality o Stable debt ratio
Slide 6: Our served market
Our served market NATIONAL MIC Market Avg. % Var. Avg. Property Price $300,411 $368,455 -18% VANCOUVER CALGARY GTA MONTREAL MIC Market % Var. MIC Market % Var. MIC Market % Var. MIC Market % Var. Avg. Price $446K $774k -42% $366K $399K -8% $395K $497K -20% $286K $306K -7% Note: Genworth averages bas
Slide 7: Recent developments
Recent developments Covered bonds Net positive for OSFI oversight of mortgage mortgage insurance underwriting industry and for Genworth OSFI oversight of CMHC CMHC guarantee limit Genworth MI Canada Inc. 7 June 2012
Slide 8: 2012 Strategic priorities
2012 Strategic priorities Strengthen and continue to grow market position Proactive risk management and loss mitigation Deliver consistent performance and drive profitability Drive efficient capital management Strong market position, disciplined execution, solid financial position Genworth MI Canada
Genworth MI Canada — Investor Presentation (June 2012) on 6ix