Tower - Latest News [Page 1]

The insurance industry needs to increase transparency

Tuesday, 5 November 2019, 6:36 pm | Tower

The insurance industry needs to increase transparency and rebuild trust A speech by Richard Harding at the Insurance Council of New Zealand Conference on 5/11/19 Good afternoon everyone, I hope you’ve been enjoying this morning’s talks More >>

Tower urges Government to act on meth contamination

Tuesday, 5 June 2018, 9:40 am | Tower

Tower Insurance strongly encourages the government to take action in response to the report by the Prime Minister’s Chief Science Advisor, Sir Peter Gluckman, on the management of methamphetamine testing and decontamination. More >>

Tower Insurance mobilises response team

Saturday, 19 November 2016, 11:27 pm | Tower

Tower Insurance mobilises response team Tower has mobilised its Earthquake Response Team as access to earthquake affected areas continues to improve. The team, based in Hanmer Springs, will start visiting Tower Insurance customers from Monday 21 November. ... More >>

TOWER pays tribute to Blessie

Wednesday, 28 May 2014, 10:00 am | Tower

TOWER pays tribute to Blessie TOWER Chief Executive Officer David Hancock has expressed deep sadness at the confirmation of the death of valued team member Blessie Gotingco. More >>

TOWER posts solid half-year result of $13.1 million

Tuesday, 27 May 2014, 10:17 am | Tower

TOWER has today reported a net profit after tax (NPAT) of $13.1 million for the six months ended 31 March 2014. More >>

TOWER statement – Blessie Gotingco

Monday, 26 May 2014, 10:00 am | Tower

TOWER can confirm that Blessie Gotingco is a valued member of our Customer Interaction team in Auckland. TOWER is supporting Blessie’s family by working closely with the Police to assist their enquiry. More >>

TOWER launches SmartCentre

Friday, 7 March 2014, 1:16 pm | Tower

TOWER has launched a new online SmartCentre designed to help customers better protect the things they value – whether it’s as big as a house or as small as an engagement ring. More >>

Tower Net Profit of $34.4m, Lays Foundations For the Future

Tuesday, 26 November 2013, 9:33 am | Tower

TOWER Limited has reported a $34.4 million net profit after tax for the full year ended 30 September 2013. The full year result was impacted by a number of abnormal items related to its divestment programme. More >>

TOWER Update On Wellington Region Earthquake

Friday, 16 August 2013, 4:45 pm | Tower

TOWER says that there has been limited damage reported so far from the Wellington region earthquakes. All of TOWER’s staff in the Wellington and lower North / upper South Island region have been safely accounted for. More >>

Tower Net Profit of $44.2m, New Direction Ahead

Tuesday, 28 May 2013, 9:06 am | Tower

TOWER Limited has reported a $44.2 million net profit after tax for the half year to 31 March 2013. More >>

TOWER Life business sold to Fidelity

Friday, 10 May 2013, 9:35 am | Tower

TOWER Limited today announced that it has sold most of its life insurance business to Fidelity Life Assurance Company Limited (Fidelity Life). The aggregate value of the transaction for TOWER, including cash consideration and release of capital, is ... More >>

TOWER Limited – Red zone case settled

Friday, 19 April 2013, 12:20 pm | Tower

Rob Flannagan, TOWER’s Group Managing Director, said today the company was pleased to have reached a settlement with Mr and Mrs O’Loughlin whose earthquake-damaged house was in Christchurch’s red zone. More >>

TOWER to move to Sum Insured coverage

Wednesday, 10 April 2013, 11:16 am | Tower

(Auckland:NZ) TOWER confirmed today that it would move to Sum Insured house cover, to meet international reinsurance requirements. More >>

Addresses to the Tower Annual Meeting

Thursday, 21 March 2013, 10:35 am | Tower

The words “strategic review process” have been in regular use by TOWER over the last 12 months. During the period, the company sold both TOWER Health and TOWER Investments, following a comprehensive strategic review conducted by the senior executive team ... More >>

Tower Group Managing Director to Stand Down

Thursday, 21 March 2013, 10:22 am | Tower

Auckland – (NZ) TOWER Limited today announced the Group Managing Director Rob Flannagan has given formal notice to the Board under his employment contract. More >>

TOWER sells investments business

Tuesday, 26 February 2013, 10:22 am | Tower

(Auckland – NZ) TOWER Limited today announced that it has sold its investments business TOWER Investments to Fisher Funds for NZ$79 million. More >>

Tower: 67% Profit Increase, Plans $120m Capital Repayment

Thursday, 29 November 2012, 10:21 am | Tower

(Auckland – NZ) TOWER Limited today reported a $55.8 million net profit after tax for the full year to 30 September 2012, a 67% increase over the $33.4 million reported for the comparable period last year. More >>

TOWER to launch new Expert Series for advisers

Tuesday, 27 November 2012, 10:33 am | Tower

Insurer and wealth manager TOWER is to launch a new Expert Series aimed at helping advisers better understand their duties and obligations under the Care, Diligence and Skill requirements set out under recent guidelines issued by the Financial Markets ... More >>

TOWER takes on new house insurance in Canterbury

Monday, 8 October 2012, 11:09 am | Tower

TOWER, as well as its business partners Kiwibank and TSB, will be accepting new house insurance policies in Canterbury from tomorrow (Tuesday, 9 October, 2012). More >>

TOWER considers proposals for delivering value

Thursday, 13 September 2012, 12:30 pm | Tower

(Auckland – NZ) TOWER Limited today announced it is considering a number of proposals with interested parties after completing a strategic review. More >>