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GMA Genworth Mortgage Insurance Australia Limited

2.77
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 20 minutes
Share Name Share Symbol Market Type
Genworth Mortgage Insurance Australia Limited ASX:GMA Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.77 2.75 2.77 0.00 00:00:00

Genworth Australia Renews Lenders Mortgage Insurance Deal with CBA

02/11/2016 10:36pm

Dow Jones News


Genworth Mortgage Insura... (ASX:GMA)
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   By Robb M. Stewart 
 

MELBOURNE, Australia--Genworth Mortgage Insurance Australia Ltd. (GMA.AU) has renewed for a further three years a contract to supply lenders mortgage insurance to Commonwealth Bank of Australia Ltd. (CBA.AU), Australia's biggest mortgage lender.

The renewed supply and service contract takes effect from the beginning of January and will run through 2019, Genworth Australia said Thursday.

The contract represented 43% of its gross written premium in the first half of the 2016 financial year.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

November 02, 2016 18:21 ET (22:21 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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