nib holdings (ASX:NHF) is now expecting operating losses in its New Zealand business in the second half of fiscal 2025, according to a Tuesday Australian bourse filing.
The insurer previously expected an uplift in the underlying operating profit in the second half.
The company reaffirmed its fiscal 2025 underlying operating profit guidance of AU$235 million to AU$250 million.
The company reaffirmed its previous guidance in Australian and international businesses.