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RunOff

Tower to create new company to manage 2010/11 Canterbury quake claims

Tower announces plan to ring fence troublesome quake claims; says industry model is 'broken'; widens loss to $21.5 million; share price at record low

29th Nov 16, 9:51am

by Jenée Tibshraeny

Tower announces plan to ring fence troublesome quake claims; says industry model is 'broken'; widens loss to $21.5 million; share price at record low

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