NIB Holdings Limited (ASX: NHF) Share Price and News
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NIB Holdings Limited (ASX:NHF) was originally known as Newcastle Industrial Benefits. The company was established in the Hunter region of New South Wales in 1952 to provide health insurance for workers at the BHP steelworks. Since its humble beginnings, NIB has grown to become a national and international insurer with a notable share of the Australian and New Zealand private health insurance market.
Beyond health insurance, NIB also provides life insurance as well as travel insurance to its customers across Australia and around the world. NIB is now Australia’s third largest provider of travel insurance.
According to the company’s website, NIB provides health insurance to over 1.6 million people across Australia and New Zealand as well as nearly 200,000 international students and overseas workers in Australia.
The health fund was demutualised on 19 July 2007 and, on the same day, became Australia’s first private health fund to list on the ASX. The NIB share price opened its first day of trade at 85 cents and has since gone on to reach as high as $8 in July 2019.
NIB Holdings Limited (ASX: NHF) Latest News
Brendon Lau | November 24, 2020 3:02pm
A great transition is underway and it’s prompted Macquarie to make changes to its model portfolio as it added 3 new ASX stocks to... More »
Brendon Lau | November 12, 2020 3:57pm
The Medibank Private Ltd (ASX: MPL) share price has yet to recover lost ground from the COVID‐19 crisis, but that could change by next... More »
Sebastian Bowen | August 24, 2020 1:31pm
Here's why I think ASX private health shares like Medibank Private Ltd (ASX: MPL) are a screaming bargain today for future growth. More »
James Mickleboro | August 24, 2020 12:45pm
G8 Education Ltd (ASX:GEM) and NIB Holdings Limited (ASX:NHF) shares are two of four dropping lower on Monday. Here's why... More »
James Mickleboro | August 24, 2020 12:08pm
Afterpay Ltd (ASX:APT) and Fortescue Metals Group Limited (ASX:FMG) shares are making waves on the ASX 200 on Monday... More »
James Mickleboro | August 24, 2020 8:50am
The NIB Holdings Limited (ASX:NHF) share price will be in focus today following the release of its full year results for FY 2020... More »
James Mickleboro | July 2, 2020 12:23pm
Afterpay Ltd (ASX:APT) and Dicker Data Ltd (ASX:DDR) shares are two of four racing notably higher on Thursday. Here's why... More »