Genworth Mortgage Insurance Australia Limited is a company based in Australia that operates in the loan mortgage insurance business. Its primary aim is to facilitate residential mortgage lending by transferring risk from lenders to lenders mortgage insurance (LMI) providers. Genworth underwrites LMI through flow and portfolio channels, mostly for high loan-to-value ratio residential mortgages. Its services help in managing the risk in the lending portfolio of the banks and other financial institutions, thus playing a crucial role in the Australian housing market.