Genworth Canada Ratings Confirmed by S&P and DBRS

TORONTO, Oct. 11, 2012 /CNW/ - The ratings for Genworth Financial Mortgage 
Insurance Company Canada (Genworth Canada) and its TSX listed parent, Genworth 
MI Canada Inc., have recently been confirmed by both Standard & Poor's Ratings 
Services (S&P) and DBRS Ratings Limited (DBRS). 
Genworth Canada's financial strength remains rated 'AA-' with a stable outlook 
by S&P and 'AA' with a stable trend by DBRS. The ratings reflect the 
Company's strong capital position and risk management expertise, and 
prudential regulation by the Office of the Superintendent of Financial 
Institutions, among other factors. 
Genworth MI Canada Inc.'s issuer credit rating remains 'A-' with a stable 
outlook by Standard & Poor's Ratings Services and 'AA' (low) with stable trend 
by DBRS. The Company believes these ratings reflect modest debt leverage, 
strong debt service coverage and ongoing business profitability. 
The full ratings reports are available from the respective rating agencies. 
About Genworth MI Canada Inc. 
Genworth MI Canada Inc. (TSX:MIC), through its subsidiary, Genworth Financial 
Mortgage Insurance Company Canada, has been the leading Canadian private 
residential mortgage insurer since 1995. Known as Genworth Canada, the Company 
provides default mortgage insurance to Canadian residential mortgage lenders 
that enables low down payment borrowers to own a home more affordably and stay 
in their homes during difficult financial times. Genworth Canada combines 
technological and service excellence with risk management expertise to deliver 
innovation to the mortgage marketplace. As of June 30, 2012, Genworth Canada 
had $5.5 billion in total assets and $2.8 billion in shareholders' equity. 
Based in Oakville, Ontario, Genworth Canada employs approximately 260 people 
across Canada. Additional information about Genworth MI Canada Inc. is 
available at www.genworth.ca. 
Investors - Samantha Cheung, 905-287-5482samantha.cheung@genworth.com 
Media- Lisa Azzuolo, 905-287-5520lisa.azzuolo@genworth.com 
SOURCE: Genworth MI Canada 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/October2012/11/c6296.html 
CO: Genworth Canada
ST: Ontario
NI: REL  
-0- Oct/11/2012 21:48 GMT
 
 
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