The reason lmi exists is more a regulatory capital cost arbitrage. Ie. It costs banks too much reg cap to retain exposure to the highest lvr pieces .
new business will return to Hli when interest rates fall and people start trying to buy themselves a house again.
it will be highly roe accretive for Hli because they will just dial up the reinsurance to give themselves the reg capital headroom for the new business .
Ann: 2023 Full Year Results Investor Presentation, page-13
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Last
$4.05 |
Change
0.100(2.53%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| $4.02 | $4.11 | $3.99 | $2.313M | 574.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 3564 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.06 | 4410 | 19 |
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| Last trade - 13.18pm 20/08/2024 (20 minute delay) ? |
| HLI (ASX) Chart |