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Helia Group Limited (ASX:HLI)

ALERT: Price-sensitive ASX Announcement for HLI
Current share price for HLI : $5.625 0.265 (4.94%)+
Announcement
Release
1 May 2026 8:21AM
Price at Release
$5.360
Full Release
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Summary
Helia Group Limited announced its 1Q26 Australian Prudential Regulation Authority (APRA) lodgement and trading update. The company submitted data regarding the first quarter ending March 31, 2026, which included information on its subsidiaries Helia Insurance Pty Limited and Helia Indemnity Limited. The gross written premium (GWP) decreased by 32% compared to the previous corresponding period due to the loss of new business with CBA and lower First Home Buyer volumes. Insurance revenue declined by 9%, while total incurred claims were negative, reflecting decreased delinquencies and rising property values. The company's net investment revenue turned negative due to bond portfolio losses amid rising interest rates. Despite these challenges, the company's regulatory capital base remains robust, albeit slightly lower due to dividend payments. The announcement was authorized by the Helia Group's Disclosure Committee.
Key Points
  • 1Q26 APRA lodgement and trading update announced by Helia Group Limited.
  • Data submitted includes information on Helia Insurance Pty Limited and Helia Indemnity Limited.
  • GWP decreased by 32% due to loss of new business with CBA and lower First Home Buyer volumes.
  • Insurance revenue declined by 9%.
  • Total incurred claims were negative, indicating lower delinquencies and rising property values.
  • Net investment revenue was negative due to bond portfolio losses.
  • Regulatory capital base remains strong but slightly reduced.
  • Announcement authorized by the Helia Group's Disclosure Committee.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.