Richard Harding
Tower says it has a deal to pay $13 million for the 34,000 policies issued by Youi in this country; Tower to raise $47 million to pay for purchase and to boost its own solvency position
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Tower says it has a deal to pay $13 million for the 34,000 policies issued by Youi in this country; Tower to raise $47 million to pay for purchase and to boost its own solvency position
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
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Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
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
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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
Public wrongly lead to believe that 97% of Tower's customers will receive home insurance premium decreases due to new quake risk-based pricing changes, Jenée Tibshraeny says
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Public wrongly lead to believe that 97% of Tower's customers will receive home insurance premium decreases due to new quake risk-based pricing changes, Jenée Tibshraeny says
Government to appoint an independent ministerial adviser to help EQC settle claims more quickly
Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
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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
Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
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Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
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IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
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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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
Tower confident it has enough reinsurance so the North Canterbury quakes won't set it back more than $7.2m; Share price falls as its investors wary 2010/11 quake hangover remains
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Tower confident it has enough reinsurance so the North Canterbury quakes won't set it back more than $7.2m; Share price falls as its investors wary 2010/11 quake hangover remains
Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low
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Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low
Tower receives 155 new Canterbury quake claims from EQC in six months to March; increases quake provisions by $2.9m; widens loss to $8.7m
Tower receives 155 new Canterbury quake claims from EQC in six months to March; increases quake provisions by $2.9m; widens loss to $8.7m