Nib Holdings logo

NHF

Nib Holdings

Insurance

Nib Holdings is a private health insurer providing health insurance solutions to residents in Australia and New Zealand. The company operates through various brands, including nib Travel, World Nomads, and GU Health, offering a range of health and travel-related insurance products. Nib aims to improve the health and wellbeing of its members by providing access to better health information, tools, ...

health insurance
private health
ASX
NHF

Shorted

short percentage0.84%
reported shorts4.1M
shares on issue487.954M

About

website

nib.com.au

industry

Insurance

address

22 Honeysuckle Drive, NEWCASTLE, NSW, AUSTRALIA, 2300

Key Metrics

market cap
$3.10B
p/e ratio15.90
eps$0.40
dividend yield409.00%

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Historical Price Data

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Industry & Focus

health insurance
private health
ASX
NHF
financial services

Company Overview

AI-generated company summary

Nib Holdings is a private health insurer providing health insurance solutions to residents in Australia and New Zealand. The company operates through various brands, including nib Travel, World Nomads, and GU Health, offering a range of health and travel-related insurance products. Nib aims to improve the health and wellbeing of its members by providing access to better health information, tools, and services.

Company History

nib was originally established to provide health insurance for workers at the BHP steelworks in Newcastle. Over time, it expanded its services and customer base, eventually demutualising and listing on the Australian Securities Exchange (ASX) under the code NHF. The company has grown through strategic acquisitions and partnerships, extending its reach into travel insurance and other related services. nib continues to evolve, focusing on preventative health and personalized healthcare solutions.

Competitive Advantages

Nib's competitive advantages include a strong brand presence in the Australian and New Zealand health insurance markets. Its diversified product offerings, including travel insurance, provide multiple revenue streams. The company's focus on digital health solutions and preventative care initiatives enhances customer engagement and loyalty.

Risk Factors

  • Regulatory changes in the health insurance industry
  • Increased competition from other health insurers
  • Fluctuations in healthcare costs and utilization rates

Key People

Leadership team at Nib Holdings

DG

David Gordon

Chair

David Gordon is the Chairman of the Board.

EC

Ed Close

Director

Ed Close is an Executive Director.

ME

Mr. Edward Close

MD, CEO & Executive Director

MN

Mr. Nick Freeman B.Com., C.A.

Group Chief Financial Officer

MJ

Mr. James Barr

Chief Executive of Australian Private Health Insurance

MG

Mr. Glenn Moore

Acting Group Chief Technology & Transformation Officer

DA

Dan Anderson

Head of Investor Relations

MJ

Mr. Jordan French B.Sc., L.L.B.

Acting General Counsel & Company Secretary

ML

Ms. Lauren Daniels

Group Chief People Officer

MR

Ms. Renea Jaeger

Head of Corporate Relations