GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sagen MI Canada Inc (TSX:MIC.PR.A.PFD) » Definitions » Allowance For Loans And Lease Losses

Sagen MI Canada (TSX:MIC.PR.A.PFD) Allowance For Loans And Lease Losses


View and export this data going back to 2021. Start your Free Trial

What is Sagen MI Canada Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Sagen MI Canada (TSX:MIC.PR.A.PFD) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2060 Winston Park Drive, Suite 300, Oakville, ON, CAN, L6H 5R7
Sagen MI Canada Inc 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. The company operates exclusively in Canada, with roughly half its policies in Ontario and remaining policies in Alberta, British Columbia, Quebec and Other.