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News: NHF NIB Holdings To Withdraw Fy20 Market Guidance Due To Covid -19 Uncertainity

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    23/03/20
    13:00
    Post #: 43646395

    March 23 (Reuters) - NIB Holdings Ltd (NHF) :

    • CO TO WITHDRAW FY20 MARKET GUIDANCE DUE TO COVID -19 UNCERTAINITY
    • EXPECT SALES WILL BE NEGATIVELY IMPACTED BY NEW RESTRICTIONS ON FOREIGN ENTRY ACROSS AUSTRALIA AND NEW ZEALAND FOR TIME BEING
    • TRAVEL INSURANCE (TRAVEL) SALES ARE BELOW BUDGET YTD AND WILL BE SEVERELY DAMAGED IN SHORT TERM BY EXTREME TRAVEL RESTRICTIONS
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