Helia Group Ltd

Company Profile

• Business description

  Helia listed on the Australian Securities Exchange in 2014 after its US-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is the largest provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It’s regulated by the Australian Prudential Regulation Authority, which requires it to meet minimum regulatory capital requirements.

• Contact

  101 Miller Street
  Level 26, North Sydney
  SydneyNSW2060
  AUS

  T: +61 1300655422

  E: [email protected]

  https://www.helia.com.au

• Sector

  Financial Services

  Stock type

  Cyclical

• Industry

  Insurance - Specialty

  Fiscal Year End

  31 December 2026

  Employees

  204