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Insurance

It's mostly up for health insurer nib

Rob Hennin
Monday 19th of August 2019

The company says net policyholder growth for the 12 month period was up 7.2%; Premium revenue grew by 6.9% to $229.6 million; and claims were up 8.9%.

New Zealand chief executive Rob Hennin says the company is paying out more than $500,000 a day in claims.

Hennin described the result as "very solid". All parts of the business were performing and the result was consistent and sustainable.

While claims are up it reflected a focus on delivering more value to members, he said.

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