NIB Holdings Ltd ( (AU:NHF) ) just unveiled an announcement.
NIB Holdings Ltd reported a 7.7% increase in total group revenue to $1.8 billion for the first half of 2025, driven by strong growth in its core health insurance business. While the company saw a decline in underlying operating profit and net profit after tax due to high claims inflation and economic challenges in New Zealand, its Australian health insurance margins have stabilized. NIB is focused on delivering value for its members by managing claims inflation and enhancing its service offerings. The company also reported solid growth in its international students and workers health insurance business and a reduction in operating expenses. Strategic investments and new contracts with private hospitals are expected to support future growth and member value.
More about NIB Holdings Ltd
NIB Holdings Ltd is a company operating in the private health insurance sector, providing health insurance services primarily to Australian residents and international students and workers. The company also has operations in New Zealand and provides travel insurance and services related to the National Disability Insurance Scheme (NDIS).
YTD Price Performance: 8.64%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.75B
See more data about NHF stock on TipRanks’ Stock Analysis page.