Sagen MI Canada Inc - Company Profile
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Sagen MI Canada Inc (Sagen) is a mortgage insurance company. Capital adequacy, cash position, and market presence are the major strengths of the company, even as its Cost-efficiency ratio remains an area for concern. Growth in life insurance segment in Canada, short-term economic outlook of Canada, and growth in general insurance segment in Canada could provide ample growth opportunities for the company. However, risks related to online identity theft and hacking, competition, and fluctuations in interest rates could affect the company’s business performance.
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