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'''Helia''' is an Australian Lenders Mortgage Insurance provider. It is listed on the [[ASX]] and changed its name from [[Genworth |
'''Helia''' is an Australian [[Lenders Mortgage Insurance]] provider. It is listed on the [[ASX]] and changed its name from [[Genworth Mortgage Insurance Australia]] in October 2022. <ref> https://www.theaustralian.com.au/business/financial-services/genworth-australia-takes-leap-into-home-equity-with-stake-in-household-capital/news-story/d4c93f835cf480957ff1e8c77daacb01 </ref> |
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In 2021, [[Genworth Financial]], an S&P400 insurance provider, sold its 52% of Helia's shares to institutional investors effectively making Helia an independent company. |
In 2021, [[Genworth Financial]], an S&P400 insurance provider, sold its 52% of Helia's shares to institutional investors, effectively making Helia an independent company. |
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In 2022, Helia purchased 22% of [[Household Capital]], a [[reverse mortgage]] provider. <ref> https://www.brokernews.com.au/news/breaking-news/household-capital-enters-strategic-partnership-with-genworth-281241.aspx </ref> |
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==References== |
==References== |
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Revision as of 21:09, 21 October 2022
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| Company type | Publicly listed company |
|---|---|
| Industry | Insurance |
| Predecessor | Genworth Mortgage Insurance Australia |
| Headquarters | , |
Key people | Ian McDonald, Chair; Pauline Blight-Johnson, CEO |
| Products | Lenders mortgage insurance |
| Website | https://www.genworth.com.au/ |
Helia is an Australian Lenders Mortgage Insurance provider. It is listed on the ASX and changed its name from Genworth Mortgage Insurance Australia in October 2022. [1]
In 2021, Genworth Financial, an S&P400 insurance provider, sold its 52% of Helia's shares to institutional investors, effectively making Helia an independent company.
In 2022, Helia purchased 22% of Household Capital, a reverse mortgage provider. [2]
References
- ^ https://www.theaustralian.com.au/business/financial-services/genworth-australia-takes-leap-into-home-equity-with-stake-in-household-capital/news-story/d4c93f835cf480957ff1e8c77daacb01
- ^ https://www.brokernews.com.au/news/breaking-news/household-capital-enters-strategic-partnership-with-genworth-281241.aspx
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