News Column

Mortgage insurer Genworth Q4 earnings rise to $93M; net premiums written up 11%

February 4, 2014

TORONTO _ Genworth MI Canada Inc. (TSX: MIC), Canada's largest private insurer of residential mortgages, has reported an increase in net income in the fourth quarter. Genworth says it earned net income of $93 million , or 98 cents per common share in the three months ended Dec. 31 . That was up from $89 million , or 90 cents , in the same year-earlier period. Net premiums written totalled $129 million , up 11 per cent over the $117 million written in the same 2012 quarter.

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Source: Canadian Press DataFile

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