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Genworth Mortgage Insurance Australia Ltd ( (AU:HLI) ) has provided an update.
Helia Group has lodged its first-quarter 2026 data with APRA for its two insurance subsidiaries, reporting significantly lower gross written premium and reduced net profit after tax at Helia Insurance Pty Limited compared with the prior year, while maintaining a Prescribed Capital Amount coverage ratio comfortably above regulatory requirements. The trading update highlights a 32% drop in gross written premium, driven by the loss of new business from Commonwealth Bank of Australia and competitive pressure from the government’s 5% Deposit Scheme, alongside very low claims, negative investment returns due to rising interest rates and wider credit spreads, and a capital base that has declined following dividend payments but remains well in excess of prudential minimums.
The most recent analyst rating on (AU:HLI) stock is a Hold with a A$3.93 price target. To see the full list of analyst forecasts on Genworth Mortgage Insurance Australia Ltd stock, see the AU:HLI Stock Forecast page.
More about Genworth Mortgage Insurance Australia Ltd
Helia Group Limited is an Australian general insurer focused on mortgage insurance, operating primarily through its main underwriting subsidiary Helia Insurance Pty Limited, while Helia Indemnity Limited remains in run-off. The group provides lenders’ mortgage insurance to banks and other mortgage lenders, with capital levels regulated under the Australian Prudential Regulation Authority framework.
Average Trading Volume: 1,015,111
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.44B
For a thorough assessment of HLI stock, go to TipRanks’ Stock Analysis page.