Company Reports

NIB’s fiscal 2026 net profit after tax decreased 6% to AUD 187 million, mainly due to lower private health insurance earnings and investment income. Guidance is for fiscal 2027 underlying operating profit growth of up to 11% excluding the divested travel business. Shares closed down 9% on Aug. 24.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance, and provides plan management for participants in Australia's National Disability Insurance Scheme.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance, and provides plan management for participants in Australia's National Disability Insurance Scheme.

The government's proposal to remove larger private health insurance rebates for over-65s could see premiums rise for around 3.2 million of the 12.7 million Australians with hospital cover. Subject to legislation, it would be a headwind for Medibank and NIB policyholder numbers starting April 2027.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance, and provides plan management for participants in Australia's National Disability Insurance Scheme.

NIB's first-half fiscal 2026 NPAT was steady at AUD 83 million, with lower investment income masking growth across all except the small travel division. Profit for Australian resident private health insurance, making up 80% of profit, rose 4%.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance internationally, and provides plan management for participants in Australia's National Disability Insurance Scheme.

Private health insurance statistics published by the Australian Prudential Regulation Authority showed a very poor 1.9% net insurance margin in the June 2025 quarter, but an improvement to 3.9% in the September 2025 quarter suggests that nonrecurring events may have created volatility.

NIB's fiscal 2025 net profit after tax increased 9% to AUD 199 million, despite lower profits in the core Australian private health insurance division. Higher investment income and a lower tax rate did a lot of the heavy lifting. Full-year dividends of AUD 0.29 are steady on last year.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance internationally, and provides plan management for participants in Australia's National Disability Insurance Scheme.

Australia's second-largest private hospital operator Healthscope entered receivership last month. This raises two concerns: first, around the viability of the private hospital industry, and second, the implications for private health insurers.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance internationally, and provides plan management for participants in Australia's National Disability Insurance Scheme.

NIB's first-half fiscal 2025 net profit after tax fell by 20% to AUD 83 million, as revenue growth and higher investment income failed to keep pace with rising claims and marketing costs. First-half group profit increased by 7% on the second half 2024 result, pleasing investors with shares up 12.5%.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance internationally, and provides plan management for participants in Australia's National Disability Insurance Scheme.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance internationally, and provides plan management for participants in Australia's National Disability Insurance Scheme.

The private health insurer's fiscal 2025 profit guidance of AUD 235 million-AUD 250 million implies up to a 9% decline on a disappointing fiscal 2024 result. High claims growth is expected to make the New Zealand segment loss-making in the first half.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance internationally, and provides plan management for participants in Australia's National Disability Insurance Scheme.

We lower our NIB fair value estimate by 6.5% to AUD 7.20 on a weaker-than-expected fiscal 2024 result. The narrow-moat insurer's margins in private health insurance normalized more quickly than we expected, and the earnings outlook for international students is also weaker. A change in accounting standards complicates matters, but underlying net profit after tax increased by 3% to AUD 196 million, a hefty 16% miss against our forecast. Even adding back around AUD 22 million in one-off costs, mostly related to acquisitions and integration in the National Disability Insurance Scheme segment, profit disappointingly still lands 7% below our forecast. Under the new accounting standards, net profit after tax was AUD 182 million.

NIB Holdings is Australia’s fourth-largest provider of private health insurance. In addition to private health insurance for Australian and New Zealand residents, the firm also provides health insurance for overseas students and temporary overseas workers in Australia, distributes travel insurance internationally, and provides plan management for participants in Australia's National Disability Insurance Scheme.

Narrow-moat NIB is looking to provide more value to its members, undertaking to partner with Pacific Smiles to have its dental clinics offer NIB members no-gap preventative dental care. Pacific Smiles owns and operates 11 NIB-branded dental clinics where NIB members pay no-gap. Both parties have entered a memorandum of understanding, which would see this no-gap offer extended to 117 Pacific Smiles dental clinics. This would be an exclusive arrangement for two years, after which time other dental operators will also be able to join the NIB network of providers offering no-gap care.