NIB Holdings Limited
nib Holdings Limited is an Australia-based provider of health and medical insurance.
The business
nib Holdings Limited is an Australia-based provider of health and medical insurance. The Company’s segments include Australian Residents Health Insurance, New Zealand Insurance, International (Inbound) Health Insurance, nib Travel and nib Thrive. The Australian Residents Health Insurance segment offers products within the Australian private health insurance industry, including the Australian Payer to Partner (P2P) product offering and commission from other insurance products. Its New Zealand Insurance segment offers products within the New Zealand private health and life insurance industry, and commission from other insurance products. Its International (Inbound) Health Insurance segment offers health insurance products for international students and workers. Its nib Travel segment is engaged in the distribution of travel insurance products. Through its nib Thrive segment, the Company’s offering as a Plan Manager under the National Disability Insurance Scheme (NDIS).
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Latest news
nib draws Medibank customers, Brickworks posts record profit and PolyNovo announces capital raise
As Medibank (ASX: MPL) clients continue to fear for the safety of their data after the October cyber-attack, rival insurer nib Holdings (ASX: NHF) has confirmed some customers have made the switch over to its service. nib saw a 4.7% rise in policyholder growth from July to the end of October, which helped drive a […]
Federal Court serves AMP with $14.6m fine, nib gives back to eligible members and IDP acquires Intake Education
AMP Limited (ASX: AMP) has been fined $14.6 million by the Federal Court after it was alleged the wealth giant charged more than 1,500 customers for financial advice they were unable to receive between 2015 and 2019. It comes as a major coup for the Australian Securities and Investments Commission (ASIC), but still falls below […]
Where to find pet care stocks amid a paw-city of choice
Even before the pandemic spurred the panic puppy purchasing phenomenon, Australian pet ownership was on the rise because of the powerful demographic trend to single occupant households. With pooches and moggies and other random beasts displacing children on the family hierarchy, pet care expenditure has risen even more sharply. According to an Animal Medicines Australia […]
Private health insurers having a rare moment in the sun
For an industry that is meant to be in a death spiral and is enduring a worldwide pandemic, private health insurers are enjoying a rare moment in the sun. While the undeniable pressures of younger members dropping their cover and older members claiming more treatments do still have the industry locked in a particularly unpleasant […]
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