gross written premiums
General insurer Tower lifts reinsurance cover by $55 million, anticipates reinsurance premium expense will come to 9.5% of Gross Written Premium in its 2027 financial year
General insurer Tower lifts reinsurance cover by $55 million, anticipates reinsurance premium expense will come to 9.5% of Gross Written Premium in its 2027 financial year
Tower chair say Government levies and taxes are ‘adding significant cost and complexity’ to insurance premiums as the insurer reports ‘constrained’ gross written premium growth
Tower chair say Government levies and taxes are ‘adding significant cost and complexity’ to insurance premiums as the insurer reports ‘constrained’ gross written premium growth
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
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
[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
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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'
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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
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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
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
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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
Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover
Tower upbeat despite fall in half-year profit and reduced annual profit guidance
Tower upbeat despite fall in half-year profit and reduced annual profit guidance