• Statutory NPAT up 38% to $133.7m, Underlying NPAT up 18% to $126.1m
• Interim ordinary dividend of 16.0 cents per share, up 7%
• Interim special dividend of 27.0 cents per share

Helia Group Limited (ASX:HLI) today reported its financial results for the half year ended 30 June 2025 (1H25). Statutory net profit after tax (NPAT) was up 38% on the prior corresponding period (pcp) to $133.7 million and Underlying NPAT was up 18% on pcp to $126.1 million. The Helia Board has declared a fully franked interim ordinary dividend of 16.0 cents per share, up 7% on pcp, and an unfranked interim special dividend of 27.0 cents per share (1H24: 0.0 cents per share), both payable on 16 September 2025. 1H25 saw strong financial performance, with gross written premium up 28% and a continuation of low claims experience. However, the company is facing challenges on the outlook for new business due to government policy changes and the loss of some key customer contracts. In response, the Board is conducting a review to best position Helia for the future. The company remains well capitalized, with a PCA coverage ratio of 2.30 times.

FY2025 insurance revenue is expected to be within a range of $350 million to $390 million. FY2025 total incurred claims are expected to be negative and remain well below Helia's historical experience of a through the cycle total incurred claims ratio of approximately 30%.

The company is adapting to changing market conditions by creating a simpler and more efficient business, while seeking to rebuild LMI market share through opportunities with existing and new customers. The Board is conducting a review to best position Helia for the future and maximize value for shareholders.