Helia Group Ltd

HLI: XASX (AUS)
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Helia: Macroeconomic Shift Could End the Claims Holiday

Helia's first-quarter gross written premiums fell 32% on the same period last year, hurt by the loss of Commonwealth Bank and less demand from first-home buyers due to the government's expanded 5% deposit scheme. Claims are low, with an AUD 9.5 million benefit from lower reserves.

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