Tower
Tower widens half-year loss off the back of storms and disappointing settlement with reinsurer; Risk-based pricing gets underway
29th May 18, 12:56pm
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Tower widens half-year loss off the back of storms and disappointing settlement with reinsurer; Risk-based pricing gets underway
Question marks remain over the extent to which further insurance premium hikes flagged for more disaster-prone parts of the country will be offset by decreases in lower risk places
6th Apr 18, 12:37pm
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Question marks remain over the extent to which further insurance premium hikes flagged for more disaster-prone parts of the country will be offset by decreases in lower risk places
Commerce Commission decision sees Vero sell its Tower shares to Bain Capital Credit for less than it bought them for
8th Mar 18, 12:38pm
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Commerce Commission decision sees Vero sell its Tower shares to Bain Capital Credit for less than it bought them for
Jenée Tibshraeny looks at where Tower's at - three months after completing a capital raise and nearly a year after taking out a $30m bank loan to boost its solvency
5th Mar 18, 7:04am
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Jenée Tibshraeny looks at where Tower's at - three months after completing a capital raise and nearly a year after taking out a $30m bank loan to boost its solvency
Tower settles dispute with Peak Re; Agreement for it to receive half the reinsurance it was after will see its profit take a $15.2 million hit after tax
1st Mar 18, 7:18am
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Tower settles dispute with Peak Re; Agreement for it to receive half the reinsurance it was after will see its profit take a $15.2 million hit after tax
Government to appoint an independent ministerial adviser to help EQC settle claims more quickly
23rd Feb 18, 3:07pm
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Government to appoint an independent ministerial adviser to help EQC settle claims more quickly
Tower's falling share price sees Suncorp's half-year investment income take a $12m hit; Suncorp 'expects to address' its near 20% shareholding in Tower this year
15th Feb 18, 5:02pm
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Tower's falling share price sees Suncorp's half-year investment income take a $12m hit; Suncorp 'expects to address' its near 20% shareholding in Tower this year
Insuring your car with one insurer over another could cost you twice as much. But would this see you get more bang for your buck? Jenée Tibshraeny investigates
9th Feb 18, 6:02am
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Insuring your car with one insurer over another could cost you twice as much. But would this see you get more bang for your buck? Jenée Tibshraeny investigates
Interest.co.nz got a bunch of car insurance quotes in January 2016. We then got quotes for the same profiles in January this year. Here's what happened to premiums
8th Feb 18, 9:33am
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Interest.co.nz got a bunch of car insurance quotes in January 2016. We then got quotes for the same profiles in January this year. Here's what happened to premiums
The 2017 Interesties featuring Jacinda Ardern, Steven Joyce, Metiria Turei, Donald Trump, Xi Jinping, Grant Spencer, Mark Quickfall, bitcoin, DTIs, CBA, Tony Alexander, Zombie ponzi & many more
22nd Dec 17, 10:52am
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The 2017 Interesties featuring Jacinda Ardern, Steven Joyce, Metiria Turei, Donald Trump, Xi Jinping, Grant Spencer, Mark Quickfall, bitcoin, DTIs, CBA, Tony Alexander, Zombie ponzi & many more
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
30th Nov 17, 3:48pm
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
Insurance lawyer takes aim at litigious claimants who 'provide the insurance industry with ammunition, and judges with scepticism'
16th Nov 17, 9:41am
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Insurance lawyer takes aim at litigious claimants who 'provide the insurance industry with ammunition, and judges with scepticism'
Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
15th Nov 17, 9:29am
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Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
14th Nov 17, 9:58am
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Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
13th Nov 17, 2:32pm
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
7th Nov 17, 12:06pm
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Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
Tower supports Vero as it challenges the Commerce Commission's decision to prevent the insurers from merging; Tower to push on with plans to raise capital
23rd Aug 17, 9:14am
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Tower supports Vero as it challenges the Commerce Commission's decision to prevent the insurers from merging; Tower to push on with plans to raise capital
A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
17th Aug 17, 1:27pm
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A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
What the Commerce Commission's ruling on the Vero/Tower merger reveals about the state of New Zealand's insurance oligopoly more broadly
8th Aug 17, 1:44pm
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What the Commerce Commission's ruling on the Vero/Tower merger reveals about the state of New Zealand's insurance oligopoly more broadly
Jenée Tibshraeny looks at reports from Forsyth Barr and Macquarie analysts to consider what the future holds for Tower in the absence of a takeover by Vero
2nd Aug 17, 1:46pm
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Jenée Tibshraeny looks at reports from Forsyth Barr and Macquarie analysts to consider what the future holds for Tower in the absence of a takeover by Vero
The Commerce Commission said yes to IAG, but no to Vero - Jenée Tibshraney asks its chairman why
26th Jul 17, 4:06pm
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The Commerce Commission said yes to IAG, but no to Vero - Jenée Tibshraney asks its chairman why
Commerce Commission prevents New Zealand's insurance duopoly from getting stronger by declining Vero's bid to buy Tower; Tower's share price tumbles
26th Jul 17, 8:26am
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Commerce Commission prevents New Zealand's insurance duopoly from getting stronger by declining Vero's bid to buy Tower; Tower's share price tumbles
Revealed: The Commerce Commission is investigating Vero for buying 19.99% of Tower's shares separately to it considering Vero's bid to take over the insurer
25th Jul 17, 8:31am
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Revealed: The Commerce Commission is investigating Vero for buying 19.99% of Tower's shares separately to it considering Vero's bid to take over the insurer
Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
29th Jun 17, 3:37pm
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Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
Suncorp's Vero to buy all of Tower's shares for $1.40 each pending shareholder and regulatory approval; Canadian giant outbid in battle for struggling insurer
27th Jun 17, 3:42pm
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Suncorp's Vero to buy all of Tower's shares for $1.40 each pending shareholder and regulatory approval; Canadian giant outbid in battle for struggling insurer