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Helia Group Limited (ASX:HLI)
ALERT: Price-sensitive ASX Announcement for HLI
Current share price for HLI : $5.140 -0.56 (-9.82%)+
Announcement
Release
6 Jul 2026 8:32AM
Price at Release
$5.700
Full Release
Summary
Helia Group Limited (ASX:HLI) announced that it has been selected as the exclusive provider of Lenders Mortgage Insurance (LMI) to ING Bank (Australia) Limited for a four-year term starting 1 July 2026. This selection follows the expiry of a previous exclusive agreement with ING on 30 June 2026, which constituted about 20% of Helia's FY25 Gross Written Premium. The new agreement underscores Helia's strategic role in supporting ING's mortgage operations in Australia.
Key Points
- Helia Group Limited selected as exclusive LMI provider for ING.
- New agreement effective from 1 July 2026 for four years.
- Previous agreement expired on 30 June 2026.
- Previous agreement represented 20% of FY25 Gross Written Premium.
- Helia's pivotal role in ING's mortgage operations.
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.
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