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New Zealand's Reserve Bank to Stress Test General Insurers
The Reserve Bank of New Zealand will stress test major general insurers, including QBE Insurance Group (ASX:QBE), Insurance Australia Group (ASX:IAG), and Tower Insurance (ASX:TRW, NZE:TWR), according
New Zealand Shares Rise as Domestic Employment Cools; SkyCity to Sell 10% Stake in European Gaming Platform
New Zealand shares rose on Monday's close as analysts absorbed recent data that showed employment cooling down. The S&P/NZX50 Index jumped 0.76% or 88.58 points to close at 11,716.44. On the domestic
Tower Enters General Insurance Products Agreement With Kiwibank
Tower (NZE:TWR, ASX:TWR) entered a referral agreement for general insurance products with Kiwibank for retail banking customers for an initial five-year term, according to Tuesday filings with the Aus
Benevolent Weather Lifts Profit Guidance up $5M for Kiwi Insurer Tower
Positive trading conditions – including those influenced by better-than-expected weather – have prompted New Zealand-based insurance company Tower Ltd (ASX:TWR) to raise its guidance on underlying net profit after tax (underlying NPAT) for the year ending 30 September 2024 to $40 million.
Tower Further Raises Underlying Net Profit Guidance for Fiscal 2024
Tower (ASX:TWR) expects underlying net profit after tax for the year ending Sept. 30 to exceed NZ$40 million, a further increase from the already upwardly revised forecast of more than NZ$35 million i
Tower Ltd: Tower Updates Guidance
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