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 Finds Captive Insurers Turn to Property as Commercial Market Tightens
Dec 12, 2025 04:52 PM (EST)
PEOPLE IN INSURANCE
Mutual Insurer Amica Appoints Human Resources Chief to Succeed Retiring COO
Dec 12, 2025 04:44 PM (EST)
ARTIFICIAL INTELLIGENCE
Health Insurers, Lawmakers Split on AI White House Order Barring State AI Regulations
Dec 12, 2025 04:39 PM (EST)
BEST'S CREDIT RATING ACTION
AM Best Withdraws Credit Ratings of Southern General Insurance Company
Dec 12, 2025 03:59 PM (EST)
PEOPLE IN INSURANCE
Mutual Penn National Appoints Successor to Retiring President and CEO
Dec 12, 2025 03:36 PM (EST)

More from Best’s News


Trending

1
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
NAIC Task Force Adopts Revised Principles Guiding RBC Requirements Update
Dec 10, 2025 03:39 PM (EST)
2
FEDERAL LEGISLATION
ACLI Lays Out Legislation That Could Lift ‘Visibility,’ Use of Annuities
Dec 10, 2025 04:36 PM (EST)
3
MERGERS AND ACQUISITIONS
WTW Targets Middle Market With $1.3 Billion Acquisition of Specialist Broker Newfront
Dec 10, 2025 12:02 PM (EST)
4
MERGERS AND ACQUISITIONS
Fintech Acrisure to Acquire Tech-Centered MGA Vave From Canopius
Dec 10, 2025 12:12 PM (EST)
5
DOMICILES (CORPORATE)
Aegon Aims to Complete US Redomiciling Move by 2028
Dec 10, 2025 04:14 PM (EST)
AM Best TV

Related Companies

AMB# Company Name
089186 Tower Limited
EARNINGS
Tower Lifts Earnings Outlook Ahead of Fiscal Year Close
Sep 15, 2025 10:57 AM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Tower Limited
Apr 25, 2025 09:07 AM (EDT)
PEOPLE IN INSURANCE
New Zealand Insurer Tower Names Interim as CEO Steps Down
Jan 24, 2025 02:56 PM (EST)

More Related Company News

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