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Tower Insurance
Delivering simple and rewarding experiences
Born and bred in New Zealand, for over 150 years Tower has been supporting Kiwis and Pacific customers to protect their homes, cars, businesses and the things they love.
Tower Insurance - Latest News [Page 5]
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 >>
Court rules on extent of house policy cover
Friday, 5 April 2013, 5:01 pm | Tower Insurance
A ruling by the Christchurch High Court had confirmed the key principles underlying every house insurance policy while also calling for further evidence in the case before it, Rob Flannagan, Group Managing Director of TOWER, said today. 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 >>
Stock & Share Trading – another low ball offer
Monday, 12 November 2012, 1:15 pm | Tower Insurance
TOWER Limited (TOWER) has again been advised that Stock & Share Trading Company Pty Limited (Stock & Share Trading) has written to some TOWER shareholders, letter dated 6 November 2012, offering to buy TOWER shares for $1.00 per share. The price offered ... More >>
TOWER sells health insurance business
Friday, 2 November 2012, 11:23 am | Tower Insurance
TOWER Limited today announced it has sold its health insurance business, TOWER Medical Insurance Limited, to nib holdings limited (nib) for approximately NZD$102 million. 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 >>
Tower Net Profit up 82% on Strong Performance
Friday, 25 May 2012, 9:29 am | Tower Insurance
(Auckland – NZ) TOWER Limited today reported a net profit of $23.6 million for the six months to 31 March 2012, an 82% increase over the same period the previous year, and will pay an interim unimputed dividend of 5 cents per share on 2 July. More >>
Tower Remains Profitable After Turbulent Year
Friday, 25 November 2011, 9:43 am | Tower
(Auckland – NZ): TOWER Limited today underlined its strong financial position by posting a $33.4 million net profit after tax for the year to 30 September 2011 and announcing that it will pay a final dividend of 2 cents per share. More >>
TOWER appoints new investment managers
Tuesday, 30 November 2010, 11:41 am | Tower
Default KiwiSaver provider TOWER Investments has announced a number of new investment manager appointments, as a strong statement of the future growth prospects for TOWER and KiwiSaver. More >>
Tower Insurance Steps Up Claim Support for Quake
Wednesday, 8 September 2010, 5:56 pm | Tower Insurance
In the face of the recent Christchurch earthquake TOWER Insurance, one of the country’s oldest insurance providers, has allocated additional staff to assist customers in the aftermath of the quake. More >>
Financial Markets Commentary: July 2010
Friday, 20 August 2010, 1:37 pm | Tower
Default KiwiSaver provider TOWER Investments says financial markets demonstrated strongly conflicting trends over the month of July that betrayed profound uncertainty over economic outlook. More >>
