Tower Insurance
General insurer Tower lifts annual profit guidance to up to $110m, if large insurance event costs remain low
12th Sep 25, 10:34am
General insurer Tower lifts annual profit guidance to up to $110m, if large insurance event costs remain low
General insurer Tower extends risk-based pricing to landslides and sea surges meaning rising premiums for some customers
20th Aug 25, 12:14pm
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General insurer Tower extends risk-based pricing to landslides and sea surges meaning rising premiums for some customers
Tower’s risk-based pricing is the general insurer’s ‘most defensible competitive edge’ as investment firm Forsyth Barr forecasts underlying profit of $94m for FY25
24th Jul 25, 7:58am
Tower’s risk-based pricing is the general insurer’s ‘most defensible competitive edge’ as investment firm Forsyth Barr forecasts underlying profit of $94m for FY25
General insurer Tower to discontinue multi-policy discounts as chief executive Paul Johnston says risk remains that customers might not receive correct discounts
23rd Jul 25, 2:48pm
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General insurer Tower to discontinue multi-policy discounts as chief executive Paul Johnston says risk remains that customers might not receive correct discounts
[updated]
Five-year average cost of natural disasters in NZ $952 million, pace of growth for insurance premiums slows as sector enters 'softening' phase - Forsyth Barr
15th Jul 25, 6:55am
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Five-year average cost of natural disasters in NZ $952 million, pace of growth for insurance premiums slows as sector enters 'softening' phase - Forsyth Barr
[updated]
Tower's Michael Stiassny says putting a final limit on Canterbury earthquake claims is about 'putting a stop to the peripheral industry that has created a self-perpetuating gravy train'
20th May 25, 9:35am
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Tower's Michael Stiassny says putting a final limit on Canterbury earthquake claims is about 'putting a stop to the peripheral industry that has created a self-perpetuating gravy train'
Forsyth Barr analysts highlight ‘tempered outlook’ for Tower after the insurer raises annual profit expectations but lowers premium growth guidance again
24th Apr 25, 9:27am
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Forsyth Barr analysts highlight ‘tempered outlook’ for Tower after the insurer raises annual profit expectations but lowers premium growth guidance again
[updated]
Tower sees higher annual profit, lower gross written premium growth and bemoans ongoing Canterbury earthquake costs
22nd Apr 25, 2:00pm
Tower sees higher annual profit, lower gross written premium growth and bemoans ongoing Canterbury earthquake costs
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
3rd Apr 25, 4:15pm
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks
11th Feb 25, 2:57pm
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Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks
Here are the key changes to know about in the New Zealand equity market; Mercury, Kathmandu, & Channel Infrastructure are today's biggest gainers, with Tower, EBOS, Goodman Property, and the NZX leading the decliners
17th Dec 24, 3:00pm
Here are the key changes to know about in the New Zealand equity market; Mercury, Kathmandu, & Channel Infrastructure are today's biggest gainers, with Tower, EBOS, Goodman Property, and the NZX leading the decliners
Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?
13th Dec 24, 5:00am
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Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?
Here are the key changes to know about in the New Zealand equity market; The NZX50 declines -0.8% with F&P Healthcare, Mercury, Meridian, and Skellerup leading the decliners and Spark, Turners, SkyTV, and Tower leading the gainers
12th Dec 24, 3:00pm
Here are the key changes to know about in the New Zealand equity market; The NZX50 declines -0.8% with F&P Healthcare, Mercury, Meridian, and Skellerup leading the decliners and Spark, Turners, SkyTV, and Tower leading the gainers
Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change
30th Nov 24, 9:20am
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Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change
Record result for Tower Insurance following on from a ‘tough year’ as the insurer reveals big annual premium growth targets for the next three years
29th Nov 24, 9:07am
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Record result for Tower Insurance following on from a ‘tough year’ as the insurer reveals big annual premium growth targets for the next three years