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  • NIB Holdings Limited

    Underwrites and distributes private health insurance to Australian and New Zealand residents as well as international students and visitors to Australia.

    NHF$7.235
     0.005 0.07%

    Data last updated:Aug 13, 2024 – 12.32pm. Data is 20 mins delayed.

    Previous Close

    7.230

    Open

    7.270

    Day Range

    7.220 - 7.270

    52 Week Range

    6.810 - 8.585

    Volume

    136,407

    Value

    986,600

    Bid

    7.230

    Ask

    7.240

    Dividend Yield

    4.17%

    P/E Ratio

    17.02

    Market Cap

    3.510B

    Total Issue

    485,077,866

    ASX Announcements

    nib confirms transition period for retiring MD and CEO

    Director Appointment/Resignation, Company Administration - Other

    • Jul 29, 2024
    • 1 page

    Market Sensitive

    nib MD and CEO Mark Fitzgibbon announces retirement

    Director Appointment/Resignation

    • Jul 29, 2024
    • 4 pages

    Market Sensitive

    nib and Pacific Smiles Group

    Progress Report

    • Jul 24, 2024
    • 2 pages

    Notice of Briefing - 2024 Full Year Results

    Notification of Results/Reporting Date, Web Casts

    • Jul 17, 2024
    • 1 page

    2023-24 Gender Equality Reporting to WGEA

    Company Administration - Other

    • Jun 25, 2024
    • 88 pages

    View all NHF announcements

    Yesterday

    Health Minister Mark Butler faces the thorny issue of approving insurance premium rises ahead of an election.

    Pressure for health premium overhaul in election headache for Albanese

    The influential medical lobby is demanding an independent umpire to determine how high insurance premiums can rise as negotiations over the next increase begin.

    • Michael Smith

    This Month

    Dr Rachel David, chief executive of Private Healthcare Australia, says a push to collective boycott insurers will hurt regional Australia

    Hospitals seek right to boycott big insurers from funding talks

    Catholic-operated private hospitals want a major shake-up of the way they negotiate funding deals with health insurers, in an escalation of tensions between the two sides.

    • Michael Smith
    Wegovy is launching in Australia two years after being approved by regulators.

    Next blockbuster weight-loss drug to launch in Australia this month

    Novo Nordisk’s Wegovy is about to go on sale here, avoiding the prospect of a supply disaster when compounded Ozempic is banned.

    • Updated
    • Nick Bonyhady

    July

    NIB Holdings CEO Mark Fitzgibbon has sympathy for private hospital operators.

    How to end the $22b private health war

    Many things have changed in the 22 years that Mark Fitzgibbon has spent at the helm of NIB. The tension between private health insurers and private hospitals isn’t one of them.  

    • Updated
    • James Thomson
    Health Minister Mark Butler and Ramsay Health Care’s Australia boss, Carmel Monaghan, are key figures in working to resolve the financial crisis in private hospitals.

    Inside the stoush between private hospitals and health insurers

    As finances deteriorate, insurers and providers are slugging it out over how to overhaul a healthcare system which has not seen serious reform in decades.

    • Michael Smith
    Advertisement
    Chris Blake, the boss of St Vincent’s

    St Vincent’s splits with insurer NIB amid private hospitals ‘crisis’

    St Vincent’s on Thursday told health fund NIB it would walk away from its contract over an entrenched pricing disagreement.

    • Tom McIlroy

    March

    Lucinda Holdforth appearing at the Summit.

    Why business leaders can’t cope with criticism

    Chief executives who insist on hiring “yes people” soon forget how to present an argument in public, speechwriter and author Lucinda Holdforth claims.

    • Sally Patten

    January

    Tim Carleton, Auscap’s chief investment officer, and Will Mumford, deputy portfolio manager.

    Short nothing and long lithium: the hedge fund breaking all the rules

    Auscap’s Tim Carleton and Will Mumford’s long-only bets generated strong returns for their fund last year. They are also not worried about the Pilbara Minerals short sellers.

    • Joshua Peach
    CSL boss Paul McKenzie worries about cyber threats through his company’s supply chain.

    Cybersecurity is the No.1 risk not getting the attention it deserves

    Australia’s top CEOs say the risk of cyberattacks and the healthcare demands of an ageing population are being ignored or underplayed.

    • James Thomson and Anthony Macdonald

    December 2023

    The role of the office in hybrid work remains an open question for our top CEOs.

    Why the work from home debate is entering a new phase

    Australia’s top CEOs have accepted flexible work is here to stay. But almost four years on from the pandemic, there are growing questions about productivity, culture and career development. 

    • Updated
    • James Thomson
    The NDIS review has recommended a transition away from plan management, ending the lucrative business of paying invoices and managing budgets.

    NIB shares drop as NDIS review ends ‘ticket clipping’

    The NDIS review has recommended a transition away from plan management, ending the lucrative business of paying invoices and managing budgets.

    • Michael Read
    <p>

    Health, the new frontier for Wesfarmers, Woolworths

    Wesfarmers and Woolworths are uniquely positioned to disrupt the health sector by building ecosystems in partnership with insurers and care providers, says Jarden.

    • Sue Mitchell

    November 2023

    Roslyn Toms says the one-off donation of $5 million to the NIB Foundation was distributed to a variety of charities, including the Cancer Council and the Black Dog Institute.

    Australia’s top corporate givers revealed

    Woolworths, Bendigo and Adelaide Bank and health insurer NIB were among the companies to record a surge in philanthropy in 2023.

    • Sally Patten
    Brad Welsh at the Ranger mine.

    A pet crocodile is the least interesting thing about this CEO

    ERA chief Brad Welsh has worked in child protection services, the Prime Minister’s Office and shares a house with a baby croc.

    • Peter Ker

    August 2023

    Brace for higher health insurance premiums, NIB boss says

    While increases will stay well short of the super-sized increases in car and home insurance, Mark Fitzgibbon says the days of low premium growth are gone

    • Lucas Baird
    Advertisement

    July 2023

    Analysts say APRA’s capital penalty could halt its growth by acquisitions as management adopts a conservative approach.

    Medibank to become more conservative after capital hit: analysts

    Special dividends, and even acquisitions, could be off the table after the health insurer was forced to tie up capital by the prudential regulator.

    • James Eyers

    May 2023

    Local infrastructure giant Macquarie and  Canadian pension fund PSP Investments have historically been keen on land registries.

    NatWest prepares auction for NSW land registry stake, RBC mandated

    London’s NatWest Group Pension Fund has hired RBC Capital Markets to drum up buyers for its roughly 20 per cent interest in NSW land titles operator.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    24-7 Healthcare specialises in out-of-home care.

    Nib’s Honeysuckle checks out 24-7 Healthcare

    Crescent Capital Partners has had bankers at Rothschild drumming up interest in the mobile primary care provider since April.

    • Sarah Thompson, Kanika Sood and Emma Rapaport

    April 2023

    NIB Holdings CEO Mark Fitzgibbon says the company studied the NDIS for five or six years, before jumping into plan management.

    Why insurer NIB wants to clean up the NDIS

    A whole cottage industry of payments providers and plan managers has popped up around the disability scheme, keen to clip the ticket between participant and service provider.

    • Anthony Macdonald

    March 2023

    Banks are back on top in the battle for housing refinancing.

    Why investors are swapping banks for insurers

    Analysts say the momentum within the financials sector has shifted from the big four to the insurers.

    • Emma Rapaport

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