** Brokerage Citi says Australia's NIB Holdings' annual results hinted at a strong start to the new year, with NIB experiencing its best Australian Residents Health Insurance (Arhi) sales performance through October since fiscal 2008
** Brokerage retains "neutral" rating and PT of A$6.55
** Health insurance provider says its Arhi operation has shown robust growth
** Citi, however, says company's 3% to 4% FY25 growth target for the NZ business looks more challenging as it registered only a 0.8% growth from June to October
** Adds insurer's Nib Thrive facility, a plan manager under the National Disability Insurance Scheme, sees fall in participants since June
** NHF down 18.8% YTD as of last close vs 28.5% jump on the ASX Financials index
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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