NIB Holdings Ltd (FRA:3GU)

€ 2.98 0.26 (9.56%) Market Cap: 1.62 Bil Enterprise Value: 1.64 Bil PE Ratio: 14.49 PB Ratio: 2.58 GF Score: 76/100

NIB Holdings Ltd AASB 17 Investor Briefing Transcript

Jul 27, 2023 / 11:00PM GMT

Release Date Price: €5.05

Transcript

Amber Jackson

nib holdings limited - Head of IR

Good morning, and thank you for joining today's presentation. My name is Amber Jackson, and I'm the Head of Investor Relations for nib.

I'm speaking to you today from nib's Newcastle office, which is on Awabakal land. nib acknowledges aboriginal and Torres Strait Islander peoples as the first Australians and pays respects to elders past and present across all the lands on which we operate. We acknowledge the rich and meaningful contribution they make to life and culture in Australia, and we aim to be a partner in improving the quality of life and health of aboriginal and Torres Strait Islander peoples.

The purpose of today's presentation is to provide an overview of the impact of the new accounting standard, AASB 17, which nib will implement for group reporting from 1 July 2023. The first reporting period under this standard will be the FY '24 interim results.

I would like to note that we will not be providing any trading update or indications of our FY '23 result, which is yet to be finalized. Therefore, we will not be

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