Best's News

New Zealand’s Tower Swings to Fiscal-Year Loss on Higher Catastrophe Costs

Tower Ltd. swung to a reported loss for the fiscal year ending Sept. 30 as the New Zealand-based insurer saw a spike in large losses related to catastrophes. . . .

-- This content requires registration --

Already registered?

Log in  

Not registered?

Register for free

New Zealand Losses Premiums Catastrophes Earnings Property And Casualty Insurers


Latest News

Best's News: AM Best Finds Insurers Show Resilience Amid Rising Geopolitical Risks
Nov 13, 2026 04:14 PM (EST)
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Everest Group, Ltd. and Its Subsidiaries
Nov 13, 2026 03:47 PM (EST)
LITIGATION
California Supreme Court Hearing USAA Rank-Tied Discount Lawsuit
Nov 13, 2026 03:14 PM (EST)
Geico to Lay Off More Than 100 Members of Florida Legal Staff in Wake of 2023 Tort Reforms
Nov 13, 2026 03:05 PM (EST)
REGULATION
UK Regulator Proposes Excluding Certain Performance-Linked Fees From Charge Cap
Nov 13, 2026 02:39 PM (EST)

More from Best’s News


Trending

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