Company Profile 

About Us 

 

As one of Australia's fastest growing health funds, nib provides affordable health cover to almost 800,000 people nationwide.

Established over 50 years ago, nib has experienced significant national market growth since 2002.

nib recently became the first Australian health fund to demutualise and list on the Australia Securities Exchange (ASX). This direction, and change in the fundamental corporate structure, best positions nib to meet its aspirations of becoming a truly national business that offers innovative products and services, and greater value for our customers.

Visit why nib to find out more about our affordable products and services.

Our Vision

nib is a leading financier of the nation’s healthcare spending with a reputation for innovative products, value for money, outstanding customer service, corporate social responsibility and strong shareholder returns.

Our Mission

To help people pay for their healthcare when and where needed.

For further details visit Financial Information

    nib 2011 Full Year Results
    Overview as at 30 June 2011

  • ($m)
  • Premium Revenue 1,007.8
  • Gross underwriting result 159.1
  • Management Expenses (97.6)
  • Net underwriting result 61.5
  • Net investment return 32.1
  • Other income 5.7
  • Other expenses (7.5)
  • Profit before tax 91.9
  • Tax (26.5)
  • NPAT 65.5
  • EPS (cps) 13.7
  • ROE (%)
    16.5
  • Gross underwriting margin (%) 15.8
  • Management expense ratio (%) 9.7
  • Net underwriting margin(%) 6.1
  • Net investment  return (%) 6.6