Genworth Mortgage Insurance Australia (Provider of lenders mortgage insurance)

By Marc Kennis | October 16, 2020

This company is the market leader in lenders mortgage insurance (LMI) in Australia. The company is a subsidiary of the US insurance company Genworth Financial (NYSE: GNW), which owns 52% of the ASX-listed company. The company did A$430m in gross written premium in calendar 2019. The company benefits from continued growth in the Australian hosing market.