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Nib Holdings taps into travel 'mega-trend', acquires QBE’s travel arm for $25 million

Alice UribeFinancial Services Writer
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ASX-listed health insurer nib Holdings has bought QBE's travel insurance business for $25 million, predicting the consumer business will become a major part of its earnings.

The business, QBE Travel, is the fourth-largest travel insurer in the country, and the acquisition encompasses distribution and claims.

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Alice Uribe writes on Financial Services and Insurance
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    Original URL: https://www.afr.com/companies/financial-services/nib-holdings-taps-into-travel-megatrend-acquires-qbes-travel-arm-for-25-million-20180803-h13ia1