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Medibank to cut high-carbon investments

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November 13, 2017

Medibank Private's business is tracking well, says CEO Craig Drummond

Private health insurer Medibank Private has maintained its previously-stated outlook for health insurance.

"There are no major changes to the FY18 health insurance outlook comments we provided in August, with the business tracking well," Medibank Private chief executive Craig Drummond said in an address to be delivered to shareholders at the company's annual general meeting in Melbourne later on Monday.

Medibank Private in August said overall market volumes were expected to be flat in fiscal 2018, and the company expects to stabilise its market share by the end of 2019.

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