NIB prospers from Medibank's woes, shares surge

By Brian Robins
Updated February 20 2017 - 6:08pm, first published 5:40pm
"We need to look towards ways we can also give consumers more value for the premiums they pay.": NIB boss Mark Fitzgibbon. Photo: Fairfax Media
"We need to look towards ways we can also give consumers more value for the premiums they pay.": NIB boss Mark Fitzgibbon. Photo: Fairfax Media

Health insurer NIB has raised full year earnings forecasts even as it warned the benign claims experience of the December half may not re-occur in the balance of the year, with claims inflation is beginning to return to longer term trend levels.