Oct 31 (Reuters) - Genworth Mortgage Insurance Australia Ltd GMA.AX :
* Q3 REPORTED NPAT $19.6 MILLION VERSUS $32.1 MILLION
* GENWORTH EXPECTS GWP TO INCREASE IN FY18 REFLECTING PREMIUM WRITTEN PURSUANT TO CO'S NEW PRODUCT OFFERINGS
* FY18 NEP GUIDANCE REMAINS UNCHANGED WITH A DECLINE OF APPROXIMATELY 25% TO 30% EXPECTED
* 3Q18 UNDERLYING NPAT $20.4 MILLION VERSUS $40.5 MILLION
* Q3 NET EARNED PREMIUM $68.1 MILLION VERSUS $100.1 MILLION
* LOWER NEP WILL IMPACT FULL YEAR LOSS RATIO, AS WILL CONTINUED STOFENING IN CURE RATES
* GENWORTH CONTINUES TO TARGET AN ORDINARY DIVIDEND PAYOUT RATIO RANGE OF 50% TO 80% OF UNDERLYING NPAT
* COMPANY'S 2018 FULL YEAR LOSS RATIO IS EXPECTED TO BE BETWEEN 50% TO 55%