Tower

22nd Dec 17, 10:52am
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 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
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
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
16th Nov 17, 9:41am
Insurance lawyer takes aim at litigious claimants who 'provide the insurance industry with ammunition, and judges with scepticism'
Insurance lawyer takes aim at litigious claimants who 'provide the insurance industry with ammunition, and judges with scepticism'
16th Nov 17, 9:41am
15th Nov 17, 9:29am
Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
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
[Updated]
14th Nov 17, 9:58am
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
[Updated]
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
[Updated]
13th Nov 17, 2:32pm
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
[Updated]
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
13th Nov 17, 2:32pm
[Updated]
7th Nov 17, 12:06pm
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
[Updated]
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
[Updated]
23rd Aug 17, 9:14am
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
[Updated]
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
[Updated]
17th Aug 17, 1:27pm
A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
[Updated]
A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
17th Aug 17, 1:27pm
8th Aug 17, 1:44pm
What the Commerce Commission's ruling on the Vero/Tower merger reveals about the state of New Zealand's insurance oligopoly more broadly
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
2nd Aug 17, 1:46pm
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
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
26th Jul 17, 4:06pm
The Commerce Commission said yes to IAG, but no to Vero - Jenée Tibshraney asks its chairman why
The Commerce Commission said yes to IAG, but no to Vero - Jenée Tibshraney asks its chairman why
26th Jul 17, 4:06pm
[Updated]
26th Jul 17, 8:26am
Commerce Commission prevents New Zealand's insurance duopoly from getting stronger by declining Vero's bid to buy Tower; Tower's share price tumbles
[Updated]
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
25th Jul 17, 8:31am
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
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
29th Jun 17, 3:37pm
Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
29th Jun 17, 3:37pm
[Updated]
27th Jun 17, 3:42pm
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
[Updated]
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
[Updated]
26th Jun 17, 3:27pm
EQC Act reform to see private insurers receive claims on behalf of EQC; Private insurers urge Government to go all the way and let them assess and settle claims too
[Updated]
EQC Act reform to see private insurers receive claims on behalf of EQC; Private insurers urge Government to go all the way and let them assess and settle claims too
26th Jun 17, 3:27pm
[Updated]
26th Jun 17, 9:37am
Jenée Tibshraeny questions whether Vero is being conniving or business savvy trying to prevent the competition watchdog from airing its concerns about the insurer's bid to buy Tower; Meanwhile Tower enters trading halt as it considers higher bid from Vero
[Updated]
Jenée Tibshraeny questions whether Vero is being conniving or business savvy trying to prevent the competition watchdog from airing its concerns about the insurer's bid to buy Tower; Meanwhile Tower enters trading halt as it considers higher bid from Vero
26th Jun 17, 9:37am
31st May 17, 1:53pm
RBNZ notes insurers are lowering their solvency margins, with some leaning more heavily on their shareholders in times of crisis
RBNZ notes insurers are lowering their solvency margins, with some leaning more heavily on their shareholders in times of crisis
31st May 17, 1:53pm
24th 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
Tower gets $30 million cash advance from BNZ as quake costs see it only $5 million away from breaching the RBNZ solvency requirements
24th May 17, 2:53pm

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