March 23, 2020 / 1:59 AM / in 12 days

BRIEF-NIB Holdings To Withdraw Fy20 Market Guidance Due To Covid -19 Uncertainity

March 23 (Reuters) - NIB Holdings Ltd:

* CO TO WITHDRAW FY20 MARKET GUIDANCE DUE TO COVID -19 UNCERTAINITY

* EXPECT SALES WILL BE NEGATIVELY IMPACTED BY NEW RESTRICTIONS ON FOREIGN ENTRY ACROSS AUSTRALIA AND NEW ZEALAND FOR TIME BEING

* TRAVEL INSURANCE (TRAVEL) SALES ARE BELOW BUDGET YTD AND WILL BE SEVERELY DAMAGED IN SHORT TERM BY EXTREME TRAVEL RESTRICTIONS Source text for Eikon: Further company coverage:

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