Helia: Difference between revisions

Helia
Company type	Publicly listed company
Industry	Insurance
Predecessor	Genworth Mortgage Insurance Australia
Headquarters	Sydney, Australia
Key people	Ian McDonald, Chair; Pauline Blight-Johnson, CEO
Products	Lenders mortgage insurance
Website	https://www.genworth.com.au/

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Revision as of 09:46, 3 November 2022

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

^ https://www.theaustralian.com.au/business/financial-services/genworth-australia-takes-leap-into-home-equity-with-stake-in-household-capital/news-story/d4c93f835cf480957ff1e8c77daacb01
^ "Genworth reports strong Q1, prepares to unveil new name - Daily - Insurance News". insuranceNEWS.com.au. 2022-05-12. Retrieved 2022-11-03.
^ "Household Capital enters strategic partnership with Genworth".

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[1] ttps://www.theaustralian.com.au/business/financial-services/genworth-australia-takes-leap-into-home-equity-with-stake-in-household-capital/news-story/d4c93f835cf480957ff1e8c77daacb01

[2] "Genworth reports strong Q1, prepares to unveil new name - Daily - Insurance News". insuranceNEWS.com.au. 2022-05-12. Retrieved 2022-11-03.

[3] "Household Capital enters strategic partnership with Genworth".

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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> <ref> https://www.insurancenews.com.au/daily/genworth-reports-strong-q1-prepares-to-unveil-new-name </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>{{cite web\|url=https://www.insurancenews.com.au/daily/genworth-reports-strong-q1-prepares-to-unveil-new-name \|title=Genworth reports strong Q1, prepares to unveil new name - Daily - Insurance News \|publisher=insuranceNEWS.com.au \|date=2022-05-12 \|accessdate=2022-11-03}}</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.