Helia Group Ltd
HLI: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $.h | LOCK|xn! | LOCK|w&bG&&P |
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.
