Helia Group Ltd
HLI: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|kK | LOCK|J& | LOCK|N$%q&?p |
Helia: Mortgage Stress Not Hurting Australia's Largest Mortgage Insurer
Gross written premiums are still soft at Helia, Australia's largest provider of lenders mortgage insurance. For the year to September 2024, GWP is down 4%. However, low levels of claims and higher investment income are positive earnings contributors in the third quarter.
