Australia's NIB Holdings hits 1-week high on health insurance premium hike

NIB Holdings

05/03/2024 01:14

** Shares of health insurance provider NIB Holdings  NHF.AX 
jump as much as 3.4% to A$7.850
    ** Stock marks highest level since Feb. 26 
    ** Co says it will increase health insurance premiums by an
average of 4.10%, effective on April 1
    ** Stock up 2.7% this year as of last close, vs a 1.9%
increase in the benchmark S&P/ASX 200 index  .AXJO  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))