Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

PMI Australia?s Q2 results dip

Staff Reporter 1 minute read

PMI Australia reported a net income of $24 million for the second quarter of 2008 on Friday.

The result was significantly better than its parent’s (PMI Group) quarterly net loss of US$246.3 million ($278 million), however it was $0.4 million down from the same quarter in 2007.

PMI Australia said it was a solid result taking into account higher losses and loss adjustment expenses of $12.6 million.

The result brings the mortgage insurer’s half yearly net income to $54.5 million.

Published: 11-08-08

Advertisement
Advertisement
PMI Australia?s Q2 results dip
default
TheAdviser logo
default

TODAY'S POLL

View results >

Who do you aggregate through?

Thank you for your vote, you can see the results here.

more from the adviser
mortgage choice 850 Major brokerage appoints new GM of distribution

Mortgage Choice has announced that Citi’s former head of bankin...

ANZ new still ta ANZ extends business loan terms

The major bank has announced that it will extend the maximum loan...

cash money rolls Credit growth stunted by dive in business lending

Credit growth has waned as a result of a sharp drop-off in busine...

FROM THE WEB