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Genworth Financial Mortgage Insurance Pty Ltd 1H20 Results

by Andrew Mayes | Jul 30, 2020
On 30 July 2020, Genworth Mortgage Insurance Australia Limited, the non-operating holding company for Genworth Financial Mortgage Insurance Pty Ltd, reported a statutory net loss after tax of AUD90.0m for the six months ended 30 June 2020. Much of the headline result was impacted by provisions for expected future claims in response to COVID-19 that were announced in the first quarter, with the company reporting a net profit after tax of AUD35.6m in the second quarter.