Get notifications in real-time for staying up to date with content that matters to you.
Mortgage insurer PMI Australia today announced that it has changed its name to QBE Lenders’ Mortgage Insurance Limited (QBE LMI).
The announcement follows QBE’s announcement to the ASX last week that it had completed its acquisition of PMI.
Following the announcement, Standard & Poor’s and Moody’s have affirmed the insurer’s AA- and Aa3 ratings respectively.
Ian Grahan, QBE LMI chief executive, said “in this uncertain environment we believe customers will clearly benefit from the financial strength, expertise and operational excellence of QBE, and will welcome the stability brought by this change in the new ownership of business.”
Published: 29-10-08
Related Articles
QBE purchases PMI Australia 15-08-08
Today's other news
Who do you aggregate through?
Thank you for your vote, you can see the results here.
Cashback offers driving new consumer behaviour
More borrowers are looking at refinancing to take advantage of sh...
FBAA warns against volume-based incentives
The Finance Brokers Association of Australia has urged lenders to...
Why COVID-19 broking trends are here to stay
Loan Market executive chairman Sam White has commended brokers fo...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of The Adviser.
Receive breaking news direct to your inbox each day
