
Insurance
nib doubles profit after OnePath acquisition

Monday 22nd of August 2016
The group said strong customer growth had helped its New Zealand operation double its underlying operating profit to $19.6 million this financial year. nib New Zealand premium revenue was up 15.4% to $189.1 million.
Customer numbers were boosted by the acquisition of OnePath’s New Zealand health insurance book.
Full year group underlying operating profit increased almost 50 per ce...
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