Skip to Content

December 2010 News

08/12/2010 - 12:00am

NIB Holdings Limited (nib) announced that it had withdrawn its proposal for GMHBA after failing to win support for its revised $180 million proposal from the Board of the Geelong-based mutual health fund.

nib Managing Director Mark Fitzgibbon said that nib believed strongly that a merger with GMHBA was in the interests of both nib and GMHBA and would help to reduce pressure on premium increases.