TORONTO, Jan. 29, 2026 – Sagen MI Canada Inc. (the “Company“) (TSX: MIC.PR.A) reported today a net income of $162 million for the fourth quarter of 2025.
Fourth Quarter 2025 Financial Results
The net income of $162 million was $0.6 million less than the same quarter in the previous year, mainly because of lower investment income and higher insurance finance expense, which was counterbalanced by higher insurance service results.
Preferred Dividends
The Company also announced today that its Board of Directors had declared a dividend of $0.3375 per Class A preferred share, Series 1, payable on March 31, 2026, to the holders of record at the close of business on March 13, 2026.
Sagen MI Canada Inc. designates any and all dividends paid or considered for Canadian federal, provincial or territorial income tax purposes to be paid as “eligible dividends”, unless otherwise indicated regarding dividends paid after this notification, and hereby notifies all recipients of such dividends of this designation.
Detailed Operating Results
For more information on the Company’s operating results, please refer to the Company’s Management’s Discussion & Analysis as posted on SEDAR+ and available at .
This Press Release, as well as the Company’s fourth quarter 2025 audited consolidated Financial Statements and Management’s Discussion & Analysis are also posted on the Investor section of the Company’s website, . Investors are encouraged to review all of these materials.
About Sagen MI Canada Inc.
Sagen MI Canada Inc., operating through its wholly owned subsidiary, Sagen Mortgage Insurance Company Canada (doing business as SagenTM), 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 excellent customer service, innovative processing technology, and a strong risk management framework. For over two decades, the Company has supported the housing market by providing thought leadership and focusing on the safety and soundness of the mortgage finance system. As of December 31, 2025, the Company had $6.9 billion in total assets and $2.8 billion in shareholders’ equity. Find out more at .
Contact Information:
Investors – Amit Chalam, 905-287-5393
Media – Remco Appel, 647-880-0724
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Sagen MI Canada and Sagen are trademarks owned by Sagen MI Canada Inc.
SOURCE Sagen Mortgage Insurance Company Canada