Jump to content

Helia

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Rmarsden (talk | contribs) at 06:07, 19 November 2022. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Helia
Company typePublicly listed company
IndustryInsurance
PredecessorGenworth Mortgage Insurance Australia
Headquarters,
Key people
Ian McDonald, Chair; Pauline Blight-Johnson, CEO
ProductsLenders mortgage insurance
Websitewww.helia.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 2018, Helia invested in Tic:Toc, a mortgage fintech. [3]

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 invested in OSQO a "deposit gap funder". [4]

In 2022, Helia purchased 22% of Household Capital, a reverse mortgage provider. [5]

References

  1. ^ https://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. ^ https://www.afr.com/companies/financial-services/tictoc-raises-funding-from-genworth-la-trobe-20180730-h13ber
  4. ^ https://www.bankingday.com/genworth-backs-deposit-gap-funder
  5. ^ "Household Capital enters strategic partnership with Genworth".