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BRIEF-Genworth Mortgage Insurance Australia announces quarterly underlying npat of $58.7 mln

Published 30/10/2015, 08:38 am
© Reuters.  BRIEF-Genworth Mortgage Insurance Australia announces quarterly underlying npat of $58.7 mln

Oct 30 (Reuters) - Genworth Mortgage Insurance Australia Ltd GMA.AX :

* Underlying npat of $58.7 million for the quarter ended 30 September 2015

* We are on track to achieve our full year 2015 guidance"

* Intention to commence an on-market share buy-back for shares up to a maximum aggregate amount of $150 million

* Qtrly gross written premium (gwp) decreased 20.8 per cent to $124.7 million in 3q15

* Says gma expects 2015 nep growth of up to 5 per cent and a full year loss ratio between 25.0 and 30.0 per cent

* Source text for Eikon ID:nASX8dgZVB

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