** Analysts at Morningstar keep their fair value estimate unchanged for Australia's Helia Group HLI.AX at A$3.60 per share
** The mortgage insurance provider on May 2 reported a 33% increase to its first quarter 2025 gross written premiums
** Co also reported a rise in its net profit after tax of A$68.2 million ($43.95 million) as compared to A$53 million reported last year
** We think the market is overly optimistic around future insurance claims staying low - Morningstar
** Three of three analysts rate the stock "hold"; their median PT is A$3.54 – LSEG data
** Stock has risen 24.2% this year, as of last close
($1 = 1.5516 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))
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