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Helia Group (ASX:HLI) Unpaid Loss & Loss Reserve : A$0.0 Mil (As of Dec. 2023)


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What is Helia Group Unpaid Loss & Loss Reserve?

Helia Group's annual unpaid loss & loss reserve declined from Dec. 2021 (A$480.3 Mil) to Dec. 2022 (A$415.8 Mil) and declined from Dec. 2022 (A$415.8 Mil) to Dec. 2023 (A$0.0 Mil).

Helia Group Unpaid Loss & Loss Reserve Historical Data

The historical data trend for Helia Group's Unpaid Loss & Loss Reserve can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Helia Group Unpaid Loss & Loss Reserve Chart

Helia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Unpaid Loss & Loss Reserve
Get a 7-Day Free Trial Premium Member Only Premium Member Only 360.91 540.35 480.26 415.84 -

Helia Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Unpaid Loss & Loss Reserve Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 480.26 464.25 415.84 - -

Helia Group Unpaid Loss & Loss Reserve Calculation

The fund insurance companies set aside for the loss that has not be paid or possible losses in the future.

Helia Group (ASX:HLI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Helia Group Ltd (ASX:HLI) » Definitions » Unpaid Loss & Loss Reserve
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ASX:NHF FNF SAU:8210 AIZ ASX:MPL FAF RYAN ESNT AXS MTG ACT RDN AGO NMIH CAS:WAA LSE:LRE JSE:SNT OSL:PROT TSX:TSU EIG
Traded in Other Exchanges
0GI0:Germany
Address
101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060
Website
https://www.helia.com.au
Helia listed on the Australian Securities Exchange in 2014 after its U.S.-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.