Tower

31 May 17, 1:53pm
RBNZ notes insurers are lowering their solvency margins, with some leaning more heavily on their shareholders in times of crisis
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24 May 17, 2:53pm
Tower gets $30 million cash advance from BNZ as quake costs see it only $5 million away from breaching the RBNZ solvency requirements
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30 Mar 17, 3:53pm
Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
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29 Mar 17, 11:19am
When and under what conditions different insurance companies will provide cover for meth contamination to your home or rental property 
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14 Mar 17, 3:08pm
Vero agrees to pay 10 cents more per share in $15.8 million deal to increase its stake in Tower to nearly 20%; Move could bump up Vero's offer in takeover bid
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6 Mar 17, 5:16pm
Suncorp confirms it's transferring 'a number' of New Zealand admin jobs to its 'strategic partners in Asia'
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3 Mar 17, 1:05pm
Suncorp argues if the ComCom allowed IAG to acquire AMI and Lumley, it's only fair it approves its application to take over Tower
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2 Mar 17, 1:19pm
Suncorp attempts to win over Tower shareholders in its takeover battle with 'escalation payment' agreements
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22 Feb 17, 9:48am
New Zealand's second largest general insurer aims to increase its market share to 30%, offering to pay more than 'Canada's Berkshire Hathaway' to buy Tower
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22 Feb 17, 7:57am
Insurance lawyer calls for playing field to be leveled in NZ so insurers suffer the same consequences as their customers if they tell porkies
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18 Feb 17, 7:30am
Cameron Preston crunches the numbers to explore whether it is Tower or NZ's insurance system that is 'broken'
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17 Feb 17, 1:58pm
A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
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13 Feb 17, 12:19pm
Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
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9 Feb 17, 1:07pm
Tower board, major shareholders back $197 million takeover bid from Canada's Fairfax Financial Holdings; Tower's share price rises as trading resumes
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9 Feb 17, 11:26am
Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
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6 Feb 17, 7:37am
A court document reveals Tower has $6 million at stake in its legal battle with EQC over land damage; Question marks remain over why there are still $51 million of EQC recoveries in dispute
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28 Jan 17, 8:21am
How EQC has avoided being stung by rising land values; Cameron Preston has the back story to the legal action IAG and Tower have launched against EQC
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26 Jan 17, 1:32pm
IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
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11 Jan 17, 4:29pm
EQC's 'unaccountable actions' see Christchurch woman 'wrongly' accused of fraud and left uninsurable, says Andrew Hooker
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13 Dec 16, 2:40pm
Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
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