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<WIRE> Helia Group (ASX:HLI) Projects FY23 Insurance Revenue of A$420 Mln to A$460 Mln



Helia Group (ASX:HLI) anticipates their FY23 insurance revenue to land somewhere between A$420 million to A$460 million.

The group further revealed that over the course of the second half of FY23 and FY24, total incurred claims are likely to rise towards the long-term average levels.

The company also plans a sustainable annual ordinary dividend increase to 28 AU cents per share.

In terms of net interest and dividend income, Helia expects to continue benefiting from higher reinvestment rates.

As of June 30th, the running yield on their cash and investment portfolio stood at 4.9%.

Helia Group is an organization focused on providing insurance services.


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