WBC is selling their unit to Arch Capital, apparently this triggered the CBA RFQ. Arch Capital currently does provide LMI in Australia but they appear to be quite small (only having a license since 2019)
https://www.businesswire.com/news/home/20210317005902/en/Arch-Capital-Group-Ltd.-to-Acquire-Westpac-Lenders-Mortgage-Insurance-Limited
WBC is selling their unit to Arch Capital, apparently this...
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