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Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
Investor Day 2013
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Investor Day 2013

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  • 1. ©2013 Google ©2013 Google Investor Day Genworth MI Canada, Inc. November 18, 2013 Actionable Strategies for 2014 Genworth MI Canada Inc. (TSX:MIC) Actionable Strategies for 2014
  • 2. Welcome Samantha Cheung Vice President, VP, Investor Investor Relations Relations Genworth MI Canada Inc. Investor Day November 18, 2013 Actionable Strategies for 2014 Genworth MI Canada Inc. (TSX:MIC) 1 Actionable Strategies for 2014
  • 3. ©2013 Google Forward-looking and non-IFRS 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 expenditure plans, dividend policy and the ability to execute on its future operating, investing and financial strategies, and other statements that are not historical facts. These forward-looking statements may be identified by their use of words such as “may,” “would,” “could,” “will,” “expects,” “anticipates,” “contemplates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” or words of similar meaning. These statements are based on the Company’s current assumptions, including assumptions regarding economic, global, political, business, competitive, market and regulatory matters. These forward-looking statements are inherently subject to significant risks, uncertainties and changes in circumstances, many of which are beyond the control of the Company. The Company’s actual results may differ materially from those expressed or implied by such forward-looking statements, including as a result of changes in the facts underlying the Company’s assumptions, and the other risks described in the Company’s Annual Information Form dated March 29, 2013, its Short Form Base Shelf Prospectus dated May 31, 2012, the Prospectus Supplements thereto and all documents incorporated by reference in such documents. Other than as required by applicable laws, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. To supplement its financial statements, the Company uses select non-IFRSs financial measures. Non-IFRSs measures used by the Company to analyze performance include underwriting ratios such as loss ratio, expense ratio and combined ratio, as well as other performance measures such as net operating income and return on net operating income. The Company believes that these non-IFRSs financial measures provide meaningful supplemental information regarding its performance and may be useful to investors because they allow for greater transparency with respect to key metrics used by management in its financial and operational decision making. Non-IFRSs measures do not have standardized meanings and are unlikely to be comparable to any similar measures presented by other companies. These measures are defined in the Company’s glossary, which is posted on the Company’s website at http://investor.genworthmicanada.ca. A reconciliation from non-IFRSs financial measures to the most readily comparable measures calculated in accordance with IFRSs can be found in the Company’s most recent financial statements, which are posted on the Company’s website and are also available at www.sedar.com. Genworth MI Canada Inc. (TSX:MIC) Actionable Strategies for 2014
  • 4. ©2013 Google ©2013 Google Agenda PANEL 1: Driving Core Growth PANEL 2: Proactively Mitigating Risk PANEL 3: Sustaining Profitability Actionable Strategies for 2014 Genworth MI Canada Inc. (TSX:MIC) 2 Actionable Strategies for 2014
  • 5. PANEL MEMBERS PANEL 1 PANEL 1 INTRO Moderator Debbie McPherson Susan Noonan Robert Kirby Craig Sweeney Jamie Woods Rick Barnett Winsor Macdonell Lisa Trudell Philip Mayers PANEL 2 PANEL 2 Stuart Levings PANEL 3 PANEL 3 Brian Hurley Chairman, Chief Executive Officer Genworth MI Canada Inc. (TSX:MIC) 3 Actionable Strategies for 2014
  • 6. PANEL 1 DRIVING CORE GROWTH Moderator Brian Hurley Stuart Levings Debbie McPherson Susan Noonan Lisa Trudell Chairman, Chief Executive Officer Senior Vice President, Chief Operating Officer Senior Vice President, Sales and Marketing Vice President, Operations Vice-President, Business Development Genworth MI Canada Inc. (TSX:MIC) 4 Actionable Strategies for 2014
  • 7. PANEL 1 Genworth Served Market Average income Average home price Average gross debt servicing Genworth Market % Variance Genworth Genworth Vancouver $454K $784K -42% $103K 28% GTA $417K $526K -21% $101K 28% Calgary $387K $439K -12% $107K 25% Montreal $303K $325K -7% $83K 26% Canada $307K $389K -21% $94K 23% DRIVING CORE GROWTH Stuart Levings Note: Genworth averages based on Q22013 data; market averages for property price from CREA, GDS is gross debt service ratio Our average home price ~21% lower than market average Genworth MI Canada Inc. (TSX:MIC) 5 Actionable Strategies for 2014 Senior Vice President, Chief Operating Officer
  • 8. Average High Ratio Borrower ~ 95% LTV PANEL 1 Attributes DRIVING CORE GROWTH Observations 2007 Q3 2013 Credit Score 713 729  16 point increase in credit score Total Debt Service Ratio 34% 33%  Stable debt ratios despite prices Refinance 13% 0% Amortization 32 25 Fixed Interest Rate 80% 92% 2% 7% Purchase Plus (Renovation)  100% purchase transactions  25 year amortization the norm  First-time buyers locking in rates  “Buy then renovate” more popular Borrower quality improved since 2007 Genworth MI Canada Inc. (TSX:MIC) 6 Actionable Strategies for 2014 Stuart Levings Senior Vice President, Chief Operating Officer
  • 9. Delivering Value Beyond Mortgage Insurance DRIVING CORE GROWTH Key Stakeholders Branches, Specialists, Underwriting Centres Underwriting Mortgage Business Line Operations Risk and Treasury Sales C-Suite Risk Sr. Leadership Genworth Team Support Acknowledged strategic partner Genworth MI Canada Inc. (TSX:MIC) 7 PANEL 1 Actionable Strategies for 2014 Debbie McPherson Senior Vice President, Sales and Marketing
  • 10. ©2013 Google PANEL 1 DRIVING CORE GROWTH TAKEAWAYS  The first-time buyer market will continue to drive demand for mortgage insurance  We strategically add value to our lenders  We have the momentum to drive core growth Genworth MI Canada Inc. (TSX:MIC) 8 Actionable Strategies for 2014
  • 11. PANEL 1 OPEN Q&A Moderator Brian Hurley Stuart Levings Debbie McPherson Susan Noonan Lisa Trudell Chairman, Chief Executive Officer Senior Vice President, Chief Operating Officer Senior Vice President, Sales and Marketing Vice President, Operations Vice-President, Business Development Genworth MI Canada Inc. (TSX:MIC) 9 Actionable Strategies for 2014
  • 12. PANEL 2 PROACTIVELY MITIGATING RISK Moderator Brian Hurley Robert Kirby Craig Sweeney Jamie Woods Chairman, Chief Executive Officer Vice President, Loss Mitigation and Investigations Senior Vice President, Chief Risk Officer Regional Risk Manager Genworth MI Canada Inc. (TSX:MIC) 10 Actionable Strategies for 2014
  • 13. Risk Management Framework Risk Framework Identify and assess key performance risks Manage and control quality of new business Monitor and communicate on portfolio performance Key Focus Areas PANEL 2 PROACTIVELY MITIGATING RISK  Macro-economic environment  Housing market trends  Regional risk factors  Underwriting guidelines/policy  Risk limits and triggers  Robust quality assurance  Portfolio analytics  Identifying emerging loss trends  Dynamic underwriting policies Genworth MI Canada Inc. (TSX:MIC) 11 Actionable Strategies for 2014 Craig Sweeney Senior Vice President, Chief Risk Officer
  • 14. PANEL 2 Housing Risk Scorecard Acceptable Watch Areas Monitoring Key Risks Toronto Condos Toronto Single Family Vancouver Montreal Condos Risk Level PROACTIVELY MITIGATING RISK Assessment / Actions Oversupply Increased scrutiny on new projects Rental Market remains tight Affordability Increased attention on income / qualifying Strong borrower quality … avg. score 736 Overvaluation Market has normalized Opportunity to expand risk appetite Craig Sweeney New projects Increased scrutiny on builder quality Strong borrower quality … avg. score 746 Senior Vice President, Chief Risk Officer Genworth MI Canada Inc. (TSX:MIC) 12 Actionable Strategies for 2014
  • 15. Delinquency Cycle – Integration is Key PROACTIVELY MITIGATING RISK Assessment Objecti 1 – 3 Months Foreclosure & Sale 4 – 18 Months ves Prevent  Awareness/education  Homeowner assistance program Recovery 18 + Months Recover Engage  Third parties  Borrowers  Shortfall sales  Asset management Best Practice Sharing Risk Underwriting PANEL 2 Audit Lenders Genworth MI Canada Inc. (TSX:MIC) Sales 13 Finance Loss Mitigation Actionable Strategies for 2014 Robert Kirby Vice President, Loss Mitigation and Investigations
  • 16. ©2013 Google PANEL 2 PROACTIVELY MITIGATING RISK TAKEAWAYS  Our comprehensive risk framework helps us stay ahead of emerging risks  Our insurance portfolio quality continues to be strong  Our loss mitigation strategy is a key differentiator Genworth MI Canada Inc. (TSX:MIC) 14 Actionable Strategies for 2014
  • 17. PANEL 2 OPEN Q&A Moderator Brian Hurley Robert Kirby Craig Sweeney Jamie Woods Chairman, Chief Executive Officer Vice President, Loss Mitigation and Investigations Senior Vice President, Chief Risk Officer Regional Risk Manager Genworth MI Canada Inc. (TSX:MIC) 15 Actionable Strategies for 2014
  • 18. PANEL 3 SUSTAINING PROFITABILITY Moderator Brian Hurley Rick Barnett Winsor Macdonell Philip Mayers Chairman, Chief Executive Officer Vice President, Investments Senior Vice President, General Counsel and Secretary Senior Vice President, Chief Financial Officer Genworth MI Canada Inc. (TSX:MIC) 16 Actionable Strategies for 2014
  • 19. Genworth Served Market Trends 720 08 726 09 727 10 727 11 730 12 733 Q3 2013 Average Credit Score  Improving quality  “A” quality borrower only PANEL 3 SUSTAINING PROFITABILITY ($000’s) Average Home Price 256 266 284 296 301 302 08 09 10 11 12 Q3 2013 (%) 23 08 24 25 24 22 09 10 11 12 23 Q3 2013  Modest price increase for balance 2013 for first-time buyer segment Average Gross Debt Ratios  Relatively stable Source: Based on company data as at Sep. 30, 2013. Market averages for property price from CREA, GDS is gross debt service ratio Smaller... but higher quality borrower profile Genworth MI Canada Inc. (TSX:MIC) 17 Actionable Strategies for 2014 Winsor Macdonell Senior Vice President, General Counsel and Secretary
  • 20. PANEL 3 Multiple Top Line Growth Levers SUSTAINING PROFITABILITY Gross Premiums Written ($MM) Total 374 545 560 16 Portfolio Insurance 564 19 77 54 4 Flow 549 525 370 2009 382 9 Months 483 329 2010 2011 2012 Q3 2013 Growth Levers    Larger high loan-to-value market Higher market penetration ... capitalize on current momentum Potential for pricing increase to reflect higher capital levels Genworth MI Canada Inc. (TSX:MIC) 18 Actionable Strategies for 2014 Philip Mayers Senior Vice President, Chief Financial Officer
  • 21. PANEL 3 Underwriting Profits ($MM) Premiums Earned Expenses Losses on Claims 610 621 612 589 91 103 101 105 256 206 225 194 431 9 Months SUSTAINING PROFITABILITY 80 111 Underwriting Profit 312 287 291 240 2009¹ Loss Ratio 263 2010 2011 2012 Q3 2013 37% 33% 26% 42% 33% Notes: Amounts may not total due to rounding. 1. Including the impact of change to the premium recognition curve in the first quarter of 2009, financial measures for the year ended December 31, 2009 would have been: earned premium $710, underwriting profit $357 and loss ratio 36%.   Loss ratio improvement driving higher underwriting profits $1.7 billion unearned premiums represent future revenues ... earnings visibility Genworth MI Canada Inc. (TSX:MIC) 19 Actionable Strategies for 2014 Philip Mayers Senior VicePresident, Chief Financial Officer
  • 22. PANEL 3 Earnings Profile ($MM) Operating Income Investment Income (After Tax) Underwriting Profit (After Tax) 307 120 343 318 118 339 110 264 9 Months SUSTAINING PROFITABILITY 125 89 188 225 208 214 2009 2010 2011 2012 42% 33% 37% 33% 26% Operating EPS $2.671 $3.01 $3.08 $3.432 $2.70 Operating ROE 13%1 14% 13% 13%2 12% Loss Ratio 1. 2. 174 Q3 2013 Excludes the impact of change to the premium recognition curve in the first quarter of 2009, Excludes the impact of the Government Guarantee Fund exit fee reversal of $166 million, related to 2011 and prior years . Strong and sustainable profitability Genworth MI Canada Inc. (TSX:MIC) 20 Actionable Strategies for 2014 Philip Mayers Senior VicePresident, Chief Financial Officer
  • 23. Fixed Income - $4.9 Billion (As at Sept 30, 2013) PANEL 3 MIC vs. Bond Universe & Peers SUSTAINING PROFITABILITY MIC Corporate Distribution 2% 1% EMD 3% 30% 12% 37% Corporate 40% Provincials 20% Federal 37% 39% MIC DEX Peers 3.8% (1.6)% 0% Total Return Q3 13 YTD 31% 48% 34% 18% 29% 11% Financials Energy Infrastructure Communication Securitization Source for Peers: Median portfolio mix from Q2 2013 survey of large property & casualty insurers conducted by PCIM Global Manager Research    8% Industrial Real Estate Quality focus ... diversified sector allocations Short duration major contribution to returns out performance Diversified corporate asset mix Genworth MI Canada Inc. (TSX:MIC) 21 Actionable Strategies for 2014 Rick Barnett Vice President, Investments
  • 24. Equities Portfolio - $219 Million (as at Sept 30, 2013) PANEL 3 Portfolio Size SUSTAINING PROFITABILITY Total Returns (9 months ended Sept 30, 2013) (Including dividends) ($MM) 328 Q4 2012 313 Q1 2013 251 Q2 2013 8.70% 219 5.31% MIC Q3 2013 TSX  Focus on high quality dividend paying stocks... beta of 0.7 vs. TSX  Monetized gains as equity markets have rallied Active investment portfolio management Genworth MI Canada Inc. (TSX:MIC) 22 Actionable Strategies for 2014 Rick Barnett Vice President, Investments
  • 25. PANEL 3 Fixed Income Portfolio Performance 6.5% SUSTAINING PROFITABILITY 6.0% 5.5% Return (% p.a.) 5.0% Genworth 4.5% Median 4.0% 3.5% 3.0% 2.5% 1.6% Rick Barnett 2.1% 2.6% 3.1% 3.6% 4.1% Standard Deviation Source: Q2 2013 Survey of large property & casualty insurers conducted by PCIM Global Manager Research Favorable risk adjusted return over last 4 years Genworth MI Canada Inc. (TSX:MIC) 23 Actionable Strategies for 2014 Vice President, Investments
  • 26. PANEL 3 Regulatory Capital Total MCT1 MIC Base 39% 149% 2009 199% 43% 156% 2010 213% 210% 51% 40% 162% 2011 216% 218% 216% MIC Guarantee Fund 188% 218% 170% 2012 Q2 2013 Q3 2013 1. Adjusted for Guarantee Fund which was deducted from regulatory capital available prior to its elimination on Jan 1. 2013 Active dialogue with OSFI on capital levels Genworth MI Canada Inc. (TSX:MIC) SUSTAINING PROFITABILITY 24 Actionable Strategies for 2014 Philip Mayers Senior Vice President, Chief Financial Officer
  • 27. PANEL 3 MIC Capital Management Objectives Maintain Strong Claim Paying Ability  “AA” rating for insurance co.  Stress testing  New capital test for 2015 Ongoing Access to Capital Markets Capital Strength Capital Flexibility SUSTAINING PROFITABILITY  Staggered debt maturities  Leverage <20% Capital Efficiency Philip Mayers Optimize Shareholder Returns  Return of capital (buybacks, special dividends)  Ordinary dividends  Leverage Genworth MI Canada Inc. (TSX:MIC) 25 Actionable Strategies for 2014 Senior Vice President, Chief Financial Officer
  • 28. Ideal Mortgage Insurance Market Principle Benefit to Canadians Rigorous claims process Clear industry-wide standards and shared accountability Active regulator Well capitalized, prudent risk management, responsible loan and insurance products, sound guidelines and oversight Strong product mix Consumer-friendly products, portable, serving all regions Diverse lender base Fair access to mortgage insurance and funding via government securitization programs enables competition Government guarantee gives policy lever … mandatory requirement for mortgage insurance Commercial pricing Commercial return on capital … easy for consumers to understand De-risk taxpayers Private capital at risk ahead of taxpayer funds Level playing field Drives innovation, customer service and consumer focus SUSTAINING PROFITABILITY Insurers act as second set of eyes Government maintains policy levers Current Environment Disciplined underwriting PANEL 3 Genworth MI Canada Inc. (TSX:MIC) 26 Actionable Strategies for 2014 Winsor Macdonell Senior Vice President, General Counsel and Secretary
  • 29. ©2013 Google PANEL 3 TAKEAWAYS SUSTAINING PROFITABILITY  Mortgage insurance is an essential element of Canada’s housing finance system  Several levers for core growth  Active investment portfolio management  Balancing capital strength, flexibility and efficiency  Well positioned to deliver sustainable profitability Genworth MI Canada Inc. (TSX:MIC) 27 Actionable Strategies for 2014
  • 30. PANEL 3 OPEN Q&A Moderator Brian Hurley Rick Barnett Winsor Macdonell Philip Mayers Chairman, Chief Executive Officer Vice President, Investments Senior Vice President, General Counsel and Secretary Senior Vice President, Chief Financial Officer Genworth MI Canada Inc. (TSX:MIC) 28 Actionable Strategies for 2014
  • 31. ©2013 Google ©2013 Google Wrap-up Actionable Strategies for 2014 Genworth MI Canada Inc. (TSX:MIC) 29 Actionable Strategies for 2014
  • 32. ©2013 Google BIOGRAPHIES Brian Hurley Chairman and CEO Brian led the establishment of Genworth into the Canadian marketplace in 1994 and later led it through its initial public offering in 2009. He has more than 20 years of senior management experience in the mortgage insurance industry worldwide. From 2004 – 2009 he led Genworth’s activities and expansion in key international markets. Prior roles includes Senior Vice President, International of General Electric’s U.S. mortgage insurance business and Senior Vice President of Sales and Operations. Genworth MI Canada Inc. (TSX:MIC) Stuart Levings Senior Vice President, Chief Operating Officer 30 Stuart Levings is a qualified Chartered Accountant with over 15 years of professional experience in a variety of industry sectors. Since joining the Company in July 2000 as the Financial Controller, Stuart has held positions in finance and product development, including five years as Chief Financial Officer prior to becoming the Chief Risk Officer in January 2008. Before that, Stuart spent seven years with Deloitte & Touche. Stuart holds a Bachelor of Accounting Science degree from the University of South Africa and is a member of both the South African and Canadian Institutes of Chartered Accountants. Actionable Strategies for 2014
  • 33. ©2013 Google BIOGRAPHIES Debbie McPherson Senior Vice President, Sales and Marketing Debbie is responsible for developing and executing sales and marketing strategies, including key initiatives such as customer segmentation and sales program development. She brings more than 20 years of experience and proven success in sales and quality management. Debbie holds an AMP designation and plays an active role in many mortgage industry organizations including the Canadian Real Estate Association, the Canadian Association of Accredited Mortgage Professionals and the Canadian Homebuilders Association. Genworth MI Canada Inc. (TSX:MIC) Susan Noonan Vice President, Operations 31 Susan is responsible for developing and executing the customer experience strategies within the Canadian underwriting and call centres. Key initiatives include lender and regional specific underwriting, productivity, process efficiencies and bringing innovation to mortgage underwriting. Susan has more than 20 years of industry experience. Since joining the company in 1995, she has held positions in Sales, Risk and Operations. Susan is a member of the Canadian Association of Accredited Mortgage Professionals and an active volunteer for the United Way and Habitat for Humanity. Actionable Strategies for 2014
  • 34. ©2013 Google BIOGRAPHIES Lisa Trudell VicePresident, Business Development Lisa is responsible for managing key mortgage lender relationships at a national level to develop mutually beneficial strategies and resolve customer issues with the goal of increasing customer satisfaction, market share and revenue. Lisa has more than 25 years of professional experience in the financial services industry and a proven track record in sales & sales management, strategic planning and product development. She holds an MBA from the Ivey School of Business and is a member of the Canadian Association of Accredited Mortgage Professionals. She joined Genworth Canada in 2004. Genworth MI Canada Inc. (TSX:MIC) Robert Kirby Vice President, Loss Mitigation and Investigations 32 Robert is responsible for Claims management, Default Management, Quality Assurance, Appraisal Management and our Special Investigations Unit. Since joining the company in 1998, Rob has held the position of Manager, Loss Mitigation; Quality Leader; and, most recently, Leader, Loss Mitigation and Investigations. Rob’s previous experience includes 8 years with the Bank of Nova Scotia in Ottawa, holding various management positions within a specialized collection unit. Actionable Strategies for 2014
  • 35. ©2013 Google BIOGRAPHIES Craig Sweeney Craig has more than 17 years of professional experience in the mortgage and banking industry. Since joining the Company in 1998, he has held senior positions in Operations and Business Development, including Director of Risk Operations and Director of Product Development. Jamie Woods Senior Vice President, Chief Risk Officer Genworth MI Canada Inc. (TSX:MIC) Regional Risk Manager 33 In his role as a Regional Risk Manager, Jamie provides constant analysis of the impacts of the economy on different segments of the housing market and how it affects Genworth Canada’s business. Prior to joining Genworth Canada in 2007, Jamie spent 5 years with the National Bank of Canada and 4 years with HSBC Bank Canada. He holds a bachelor's degree in business administration with a minor in economics and is a member of the Canadian Association of Accredited Mortgage Professionals. He is a member of the Quebec Board of Directors of Habitat for Humanity. Actionable Strategies for 2014
  • 36. ©2013 Google BIOGRAPHIES Rick Barnett Vice President, Investments Rick joined Genworth Canada in 2008 after a career of over 20 years of capital markets trading and investment experience. Prior to joining the company, Rick was a Managing Director and Partner with Cornerstone Capital Partners, a Canadian Hedge Fund specializing in global fixed income and currencies, relative value investing. Rick spent the majority of his career at RBC Capital Markets where he was a Managing Director and held senior positions within the firm. Rick is a graduate of University of Toronto with a degree in economics. Genworth MI Canada Inc. (TSX:MIC) Winsor Macdonell Senior Vice President, General Counsel and Secretary 34 Winsor is responsible for all of the Company’s legal and compliance matters, as well as government relations. Winsor joined the Company in 1999. Prior to joining the Company, he spent several years in the life and property and casualty industry. Winsor received an honours Bachelor of Commerce degree from Queen’s University in 1988 and his LL.B. from Dalhousie University in 1992. Actionable Strategies for 2014
  • 37. ©2013 Google BIOGRAPHIES Philip Mayers Senior Vice President, Chief Financial Officer Philip became Chief Financial Officer of the Company in 2009. He has over 20 years of finance and general management experience in financial services businesses. Since joining the Company in 1995, Phillip has held several senior positions, including Vice President, Finance, Vice President, Operations, and Senior Vice President, Business Development. Prior to joining the Company, he held finance positions with MICC, Esso Petroleum Canada and Deloitte & Touche. He holds CPA, CA, CMA and AMP professional designations and has a Master of Accounting degree from the University of Waterloo. Genworth MI Canada Inc. (TSX:MIC) Samantha Cheung Vice President, Investor Relations 35 Samantha joined the Company in 2009 at the time of the IPO to establish and lead the Investor Relations platform. Prior to this, she was with CIBC World Markets and Merrill Lynch Canada, in a variety of capital markets roles, including debt origination, derivatives, investment banking and equity research. She is a graduate of engineering from Queen’s University and obtained an MBA from the Rotman School of Management in Toronto. Samantha also holds an active board position with Women in Capital Markets. Actionable Strategies for 2014
  • 38. ©2013 Google Investor Day 2013 Actionable Strategies for 2014 CONTACT: Samantha Cheung, Vice President, Investor Relations 905 287 5482 Samantha.Cheung@genworth.com Genworth MI Canada Inc. (TSX:MIC) Actionable Strategies for 2014

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