Health insurer NIB Holdings Ltd
(ASX:NHF) expects to record net policyholder growth above the market for fiscal 2010 after posting a strong half-year profit.
The company has reported a profit of $43.1 million for the six months to December 31, 2009, up 2000% on its first-half result for the same period a year before.
Pre-tax underwriting profit for the half-year was up 47% to $30.5 million, and the company says it expects to post a full year pre-tax underwriting profit of between $45 and $50 million.
The insurer declared an interim dividend of 2 cents per share fully franked.
NIB reported a profit of $23.79 million for fiscal 2009.
