Best's News


Best’s News & Research Service subscription required - March 03, 2023 11:38 AM (EST)

Tower CEO Warns Against Rebuilding ‘Uninsurable’ New Zealand Properties as Severe Storm, Cyclone Gabrielle Claims Rise

Some areas in New Zealand should not be rebuilt post-disaster because they could be uninsurable, Tower Ltd. Chairman Michael Stiassny said during an annual shareholder meeting. . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Losses Catastrophes Claims Floods Hurricanes Windstorms


Latest News

BEST'S NEWS
Best's News: AM Best: First Look – Six-Month 2026 US Property/Casualty Financial Results
Oct 09, 2026 05:52 PM (EDT)
HURRICANES
Global Brokers Anticipate Billions of Dollars of Insured Losses From Hurricane Isaias
Oct 09, 2026 05:46 PM (EDT)
EXCESS AND SURPLUS LINES INSURERS
New American Coastal Subsidiary ACES to Write Cat-Exposed Commercial Property E&S
Oct 09, 2026 04:17 PM (EDT)
FEDERAL LEGISLATION
Federal Bill Would End No Surprises Act’s Dispute Resolution Process
Oct 09, 2026 04:08 PM (EDT)
BLUE CROSS AND BLUE SHIELD PLANS
BCBS Michigan ‘Blindsided’ by Monopoly Accusations in State Lawsuit
Oct 09, 2026 04:00 PM (EDT)

More from Best’s News


Trending

1
HOMEOWNERS INSURANCE
AM Best: Myriad of Factors Lead to Improved Homeowners Results
Oct 07, 2026 03:51 PM (EDT)
2
COMMERCIAL LINES
Aviva Expands Into US Specialty Insurance With Launch of New York Unit
Oct 07, 2026 03:15 PM (EDT)
3
REINSURERS
AmTrust Launches E&S Reinsurer East Re
Oct 07, 2026 03:42 PM (EDT)
4
MERGERS AND ACQUISITIONS
Africa's Sanlam Boosts Growth Prospects With Santam Acquisition
Oct 08, 2026 10:42 AM (EDT)
5
DATA ANALYTICS
Axa XL Enters Electric Vehicle Data Deal With Gecko Risk
Oct 08, 2026 10:58 AM (EDT)
AM Best TV

Related Companies

AMB# Company Name
089186 Tower Limited
REINSURANCE
New Zealand's Tower Finalizes 2027 Reinsurance Program
Sep 21, 2026 01:17 PM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Tower Limited
Apr 24, 2026 09:19 AM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html