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Insurance

Nib braces for rush of treatments next year

Rob Hennin
Monday 24th of August 2020

The health insurer’s premium revenue lifted 10.2% to $253 million while its underwriting result was up 11.2% to $25.9 million.

It said that included provision for an expected claims catch-up in healthcare treatment that was deferred during the Covid-19 lockdown but would now happen in the next financial year.

Chief executive Rob Hennin said it was a good result.

“Helping our Kiwi members stay safe and healthy throughout the Covid-19 pandemic has been a priority, which is why we moved quickly to implement an extensive support package,” he said.

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