NIB Holdings Limited
(ASX:NHF) says earnings are likely to come in at the lower end of its full-year guidance.
The private health insurer says it expects its full-year consolidated pre-tax net underwriting profit to come in at the low end of the $75 million to $78 million guidance range.
NIB is expecting insurance premium revenue for the year to be between $1.2 billion and $1.3 billion.
The group also says it’s expecting earnings per share for the full year to be higher than in the previous year as a result of strong investment performance.
The insurer says the latest forecast is subject to final risk equalisation and health insurance hospital claims for June being in line with expectations.
NIB generated a net profit of $36.3 million in the first half of the current financial year.
