3Q25 APRA lodgement, trading and Board review update
| Stock | Helia Group Ltd (HLI.ASX) |
|---|---|
| Release Time | 29 Oct 2025, 8:25 a.m. |
| Price Sensitive | Yes |
Helia Group Ltd provides 3Q25 update
- Finalised 3Q25 APRA lodgement
- 3Q25 GWP up, insurance revenue down
- Comprehensive business review completed
Helia Group Limited (Helia or the Company) (ASX:HLI) has provided an update on its 3Q25 Australian Prudential Regulation Authority (APRA) lodgement, FY25 year to date trading, and the results of the Board's comprehensive business review. The APRA lodgement includes data on two licensed general insurance entities which are both 100% owned subsidiaries of Helia. The 3Q25 data submitted to APRA for Helia Insurance Pty Limited showed an increase in Gross Written Premium (GWP) compared to the previous corresponding period (pcp), reflecting higher market share and increased industry lending volumes. However, GWP remains well down on historic levels and continues to be negatively impacted by the Australian Government 5% Deposit Scheme. Insurance revenue is down on pcp, due to lower GWP in recent book years. Claims remain extremely low, with negative total incurred claims for the last quarter and year to date. Helia's Board has completed its comprehensive business review and reaffirmed the company's ongoing commitment to the Australian LMI market. Helia is focused on growing GWP through a combination of existing customers and new customer wins, leveraging its deep expertise in high LVR lending. The company is proactively managing its cost base to reflect the smaller market and has taken meaningful steps in FY25 by reducing its recurring cost base by $15 million. Helia has a strong balance sheet and will continue to explore options to return excess capital to shareholders.
The FY25 guidance range of $350 million to $390 million for insurance revenue remains unchanged. The guidance that total incurred claims are expected to be negative in FY25 also remains unchanged.
Helia is focused on continuing to evolve to meet the changing market, building on its 60-year heritage of supporting Australians to buy, invest and upgrade their homes. The company will continue to focus on systems and process automation to drive further efficiencies in the coming years.