Brief: Genworth Mortgage Insurance Australia Ltd Sees Fy22 Gwp To Remain Below 2021 Levels

Helia

03/08/2022 02:07

Genworth Mortgage Insurance Australia Ltd  GMA.AX :
    * GENWORTH MORTGAGE INSURANCE AUSTRALIA LTD SEES  FY22 GWP
TO
REMAIN BELOW 2021 LEVELS
    * GENWORTH MORTGAGE INSURANCE AUSTRALIA LTD - FY22 NEP IS
EXPECTED
TO REMAIN STRONG
    * GENWORTH MORTGAGE INSURANCE AUSTRALIA LTD -  FY22 NET
INCURRED
CLAIMS ARE EXPECTED TO BE WITHIN A RANGE OF A$0 MILLION TO A$50
MILLION
    * GENWORTH MORTGAGE INSURANCE AUSTRALIA LTD - FY22 NEP IS
EXPECTED
TO BE WITHIN A RANGE OF A$375 MILLION TO A$435 MILLION
    * GENWORTH MORTGAGE INSURANCE AUSTRALIA -  HIGHER BOND RATES
EXPECTED TO BENEFIT 2H INTEREST INCOME, POSITIVE FOR FUTURE
PROFITABILITY.

Source text for Eikon:  ID:nASX7n0LGv 
Further company coverage:  GMA.AX