Michael Stiassny

Outgoing Tower chairman Michael Stiassny says NZ has had ‘multiple wake up calls’ and while some progress has been made to address the impacts of extreme weather events, ‘it has been haphazard, inadequate and painfully slow'

Outgoing Tower chairman Michael Stiassny says NZ has had ‘multiple wake up calls’ and while some progress has been made to address the impacts of extreme weather events, ‘it has been haphazard, inadequate and painfully slow'

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'

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'

Tower sees higher annual profit, lower gross written premium growth and bemoans ongoing Canterbury earthquake costs

Tower sees higher annual profit, lower gross written premium growth and bemoans ongoing Canterbury earthquake costs

Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks

Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks

Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change

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

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

Tower Insurance’s premiums closes in on $600 million, CEO says insurance premiums will stablise as inflation comes down

Tower Insurance’s premiums closes in on $600 million, CEO says insurance premiums will stablise as inflation comes down

General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0

General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0

Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals

Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals

Tower’s CEO says insurer’s gross written premium up 21% in four months, expects full-year profit to be upper end of or exceed guidance of $22m to $27m

Tower’s CEO says insurer’s gross written premium up 21% in four months, expects full-year profit to be upper end of or exceed guidance of $22m to $27m

Tower hires Goldman Sachs as it kicks off review of its ownership structure

Tower hires Goldman Sachs as it kicks off review of its ownership structure

Gareth Vaughan says of all the recent criticisms of the RBNZ, the hardest one to understand is the charge that it shouldn't take an interest in climate change

Gareth Vaughan says of all the recent criticisms of the RBNZ, the hardest one to understand is the charge that it shouldn't take an interest in climate change

A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes 

A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes 

NZTA's transport funding malaise raises the concerns of Auckland Mayor Phil Goff

NZTA's transport funding malaise raises the concerns of Auckland Mayor Phil Goff

Insurer Tower returns to profit as fewer storms and reduced exposure to risky places see it pay a low $45 in claims for every $100 received in premiums

Insurer Tower returns to profit as fewer storms and reduced exposure to risky places see it pay a low $45 in claims for every $100 received in premiums