Canada Guaranty Mortgage Insurance Company
Financial Institutions:Non-Bank Financials
Summary
Canada Guaranty Mortgage Insurance Company is the new name of AIG United Guaranty Mortgage Insurance Company Canada following its acquisition from AIG by an investment partnership consisting of Ontario Teachers Pension Plan and National Mortgage Guaranty Holdings, an investment vehicle 100%-owned by Stephen Smith, the Chairman, President and Co-founder of First National Financial LP, a major Canadian mortgage originator and servicing company.
| Debt Rated |
Action |
Rating |
Trend |
Date |
| Financial Strength |
Upgraded |
AA (low) |
Stb |
Mar 8, 2011 |
| DBRS Releases Report on Canada Guaranty | Mar 29, 2011 |
| DBRS Upgrades Canada Guaranty Rating to AA (low), Trend Stable | Mar 8, 2011 |
| DBRS Comments on Ownership Change at Canada Guaranty (formerly United Guaranty Canada) | Apr 19, 2010 |
| DBRS Places Rating of United Guaranty Canada Under Review-Positive | Jan 5, 2010 |
| DBRS Releases Report on AIG United Guaranty Canada | Apr 17, 2009 |
| DBRS Downgrades United Guaranty’s Canadian Subsidiary | Apr 3, 2009 |
| DBRS Comments on Canadian Bank Exposure to Lehman Brothers and AIG | Sep 19, 2008 |
| DBRS Places United Guaranty Affiliates Under Review with Negative Implications | Sep 15, 2008 |
| DBRS Releases Report on AIG United Guaranty Mortgage Insurance Company Canada | Jun 22, 2007 |
| DBRS Rates AIG United Guaranty Mortgage Insurance Company Canada Financial Strength at AA | Jun 5, 2007 |
