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'''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>
'''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> <ref> https://www.insurancenews.com.au/daily/genworth-reports-strong-q1-prepares-to-unveil-new-name </ref>

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.



Revision as of 21:11, 21 October 2022


Helia
Company typePublicly listed company
IndustryInsurance
PredecessorGenworth Mortgage Insurance Australia
Headquarters,
Key people
Ian McDonald, Chair; Pauline Blight-Johnson, CEO
ProductsLenders mortgage insurance
Websitehttps://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] [2] 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. [3]

References