NIB Holdings Ltd · ASX:NHF
NIB — UBS Australasia Conference 2018
11 slides from NIB's conference presentation, Nov 12, 2018
Slide 1: ASX cover letter: Presentation to UBS Australasia Conference
nib holdings limited t 13 14 63 Head Office f 02 4925 1999 22 Honeysuckle Drive Newcastle NSW 2300 e [email protected] abn 51 125 633 856 w nib.com.au For personal use only 12 November 2018 The Manager Company Announcements Australia Securities Exchange Limited Level 4, Bridge Street SYDNEY NSW 2000 Pr
Slide 2: UBS Australasia Conference 2018
For personal use only UBS Australasia Conference 2018 Michelle McPherson Chief Financial Officer & Deputy CEO 12 November 2018 ANNUAL G E NE RAL M E E T ING 2018 1
Slide 3: The Three C's: Claims, Costs & Capital
For personal use only The Three C’s: Claims, Costs & Capital ANNUAL G E NE RAL M E E T ING 2018 2
Slide 4: Claims inflation
Claims inflation For personal use only Change in claims per person (%) Industry claims remain low due to: nib1 vs industry - 12 months rolling • Continuing favourable claims inflation environment We are experiencing lower levels of claim inflation • Revenue growth continues to be impacted by lower p
Slide 5: Cost control and affordability
Cost control and affordability For personal use only ANNUAL G E NE RAL M E E T ING 2018 4
Slide 6: nibx2.0 immediate focus areas
nibx2.0 immediate focus areas Review of opportunity areas to drive synergies, efficiencies and effectiveness across the nib Group For personal use only and set up for future success Optimise Payment Integrity Improve Operations Performance AI and Intelligent Automation Reduce claims leakage by Elimi
Slide 7: Capital management and APRA
Capital management and APRA For personal use only APRA has noted that a review of the Australian PHI capital standards is likely to commence later this calendar year and we anticipate any revised standards would be in place from FY21 at the earliest. nib has a range of capital management levers to m
Slide 8: Outlook and Guidance
For personal use only Outlook and Guidance ANNUAL G E NE RAL M E E T ING 2018 7
Slide 9: Outlook
OUTLOOK For personal use only Australian (arhi) and NZ markets remain difficult with modest growth due to macroeconomic factors including affordability and negligible growth in discretionary spending. Pursuing arhi net policyholder growth of 3%-4%, FY19 net margin expected to be similar to FY18. Fed
Slide 10: FY19 Guidance
FY19 GUIDANCE For personal use only FY19 UOP forecast to be at least $190m (statutory operating profit of at least $168m). • FY19 UOP forecast to be at ($m) FY19 least $190m (statutory Statutory operating profit ~168 operating profit of at least One-off transactions and M&A ~12.7 costs $168m). Amort
Slide 11: Thank you
For personal use only Thank you ANNUAL G E NE RAL M E E T ING 2018 10