12 November 2018
The Manager
Company Announcements
Australia Securities Exchange Limited Level 4, Bridge Street
SYDNEY NSW 2000
nib holdings limited | t 13 14 63 |
Head Office | f 02 4925 1999 |
22 Honeysuckle Drive | |
Newcastle NSW 2300 | enib@nib.com.au |
abn 51 125 633 856 | w nib.com.au |
Presentation to UBS Australasia Conference - November 2018
The attached presentation will be delivered by nib at the UBS Australasia Conference today.
Yours sincerely,
Roslyn Toms Company SecretaryFor further information please contact:
Matthew Neat
Head of Corporate Affairs & Investor Relations
T: +61 (0)2 4914 1777
M: +61 (0)411 700 006 E:m.neat@nib.com.au
UBS Australasia Conference 2018
Michelle McPherson
Chief Financial Officer & Deputy CEO
12 November 2018
The Three C's:
Claims, Costs & Capital
Claims inflation
ANNSUoAuLrceG: EANPREARAL MEETING 2018
1. Excludes GU Health
Industry claims remain low due to:
• Continuing favourable claims inflation environment
• Revenue growth continues to be impacted by lower premium increases and downgrading of cover
• Prosthesis pricing reform with savings passed on in full to members through lower than otherwise premium increases.
nib claims inflation reduced further as a result of:
• Targeted distribution and product design
• Expansion of ancillary provider networks
• Claims activity for Q1 FY19 lower than originally forecast. FY19 net margin expected to be similar to FY18.
Cost control and affordability
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NIB Holdings Limited published this content on 12 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 November 2018 22:38:08 UTC