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Genworth Mortgage Insurance Australia Provides 1H 2021 Financial Results Presentation

04 Aug 2021  |  08:35:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 1H21 Investor Presentation

Genworth Mortgage Insurance Australia provided 1H 2021 financial results presentation. It reported 1H 2021 Underwriting result of $88m; 1H 2021 Statutory NPAT of $59m and 1H 2021 Underlying NPAT of $76m. 1H 2021 New insurance written increased 14.7% to $15.5bn. The Company announced unfranked 1H 2021 ordinary interim dividend of 5 cps. NEP growth is driven by GWP and partially offset by 2Q 2021 change to the earnings curve.

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