GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Liberty Financial Group Ltd (ASX:LFG) » Definitions » Cash Received from Insurance Activities

Liberty Financial Group (ASX:LFG) Cash Received from Insurance Activities


View and export this data going back to 2020. Start your Free Trial

What is Liberty Financial Group Cash Received from Insurance Activities?

Cash Received from Insurance Activities only applies to insurance companies.


Liberty Financial Group Business Description

Traded in Other Exchanges
N/A
Address
535 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000
Founded in 1997, Liberty Financial Group is a nonbank lender operating in Australia and New Zealand. Unlike banks, nonbanks are unable to take customer deposits, a privilege exclusive to Authorized deposit-taking institutions, or ADIs. Liberty operates three business segments: residential, secured finance, and financial services. Mortgages make up about 55% of the loan book, with a focus on higher-risk borrowers. Secured finance makes up 40% of loans, including motor finance, commercial property loans, and self-managed superannuation fund, or SMSF, loans. The financial services division includes unsecured personal and small and midsize business loans, mortgage broking, and distribution of general and life insurance.