Latest from Tower Limited
Stock Takes: Market doldrums, big payday for UBS, banks to report
A struggling sharemarket is pricing in NZ interest rates staying higher for longer.
Tower insurance overcharges 65,000 Kiwis more than $9.5m
Tower says it's making significant progress towards refunding about 65,000 customers.
Tower profit dragged down by provisions and large claims
Canterbury earthquakes and Tongan eruption weigh on insurer.
NZ's Tower eyes up earnings lift as written premiums grow
Tower expects to report an improved result for the September financial year.
Tower profit hit by large insurance claim events
Volcanic eruption in Tonga and storms in New Zealand pushed up its claims.
House and car insurance tipped to rise by up to 10 per cent
Rising cost of replacing vehicles and house construction expected to be passed on.
Tower proposes $30m share buyback
Floods in Napier and Westport weighed on its profits.
Rising building costs push up insurance claim costs for Tower
Number of house claims over $50,000 has doubled.
Tower to resume dividend payments after five-year pause
The insurer hasn't made a dividend payment since March 2016.
Continuous Disclosure: Wall St shiver, AFT's record, virtual shareholder meetings slammed
Wall Street's tech stocks have been going through convulsions. Should we be worried?
Tower hires digital expert Blair Turnbull as new CEO
Turnbull will start at the general insurer in August.
End to Tower's three-year dividend drought in sight
Tower expects to end the drought after getting its books back to black.
Tower posts $11.9 million first-half profit
Focus still on reducing costs following $11.9m profit.
Tower to transform into 'digital challenger'
Tower says it aims to leave its larger rivals with 'clunky legacy systems'.
Tower to raise $70.8m at 45 per cent discount
Tower to raise $70.8 mln at 45% discount to bolster balance sheet; narrows annual loss.
Tower in trading halt pending capital raise
Tower in trading halt pending capital raise, earnings loom.
Tower considers capital raising after merger rejection
The Commerce Commission has declined a proposed merger between Tower and Vero.
Tower loss narrows, quake bill rises
Tower narrowed its first-half loss as its underlying earnings improved.
Tower board mulls takeovers
Tower's performance is in line with expectations as the board mulls the future.
Fletcher result drags down sharemarket
A2 Milk stock falls as firm's CEO and chair sell shares.
Tower posts wider annual loss
Tower posted a wider annual loss as the general insurer set aside $25.3 million for provisions.
Tower says profit hit limited to $7.2m
Tower says the cost of yesterday's 7.5 magnitude earthquake near Kaikoura in the upper South Island is limited by the insurer's reinsurance programme.
Tower can't extinguish fire claim
Tower has failed in an attempt to beat a claim over damage from a house fire where P was allegedly being cooked.