Genworth MI Canada Inc. Schedules Fourth Quarter 2020 Earnings Release for February 4th, 2021

TORONTO, Jan. 15, 2021 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) today announced it will issue its earnings release, as well as its fourth quarter 2020 consolidated Financial Statements, Management's Discussion and Analysis and Financial Supplement containing the quarterly results after the market closes on February 4^th, 2021. Due to the previously announced plan of arrangement that is expected to close in the first half of 2021, the Company will not be holding a fourth quarter 2020 earnings conference call. Investor materials, including a presentation on the fourth quarter results, will be available on the Company's website, https://www.sagen.ca/about/investor-relations/, following the issuance of the earnings release on February 4^th, 2021.

About Genworth MI Canada Inc.

Genworth MI Canada Inc. (TSX: MIC) recently changed its brand name from Genworth MI Canada to Sagen MI Canada^TM1. The Company, operating through its subsidiary, Genworth Financial Mortgage Insurance Company Canada doing business as Sagen^TM2, is the largest private sector residential mortgage insurer in Canada.  The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. Sagen differentiates itself through customer service excellence, innovative processing technology, and a robust risk management framework. For more than two decades, Sagen has supported the housing market by providing thought leadership and a focus on the safety and soundness of the mortgage finance system.  As at September 30^th, 2020, the Company had $7.1 billion total assets and $3.8 billion shareholders' equity. Find out more www.sagen.ca.

Contact Information:
Investors:  Aaron Williams, 905-287-5504 aaron.williams@sagen.ca
Media:  Susan Carter, 905-287-5520 susan.carter@sagen.ca

SOURCE Genworth MI Canada