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?

Login

Not registered?

Register for free

New Zealand Losses Premiums Catastrophes Earnings Property And Casualty Insurers


Latest News

FEDERAL LEGISLATION
US Congress Again Sees National Disaster Reinsurance Bill
Dec 18, 2025 04:45 PM (EST)
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
NAIC Acts on RBC Update, Elects New Leaders at Fall Meeting
Dec 18, 2025 04:21 PM (EST)
BEST'S PERFORMANCE ASSESSMENT
AM Best Assigns Performance Assessment to Across America Insurance Services, Inc.
Dec 18, 2025 04:18 PM (EST)
ARTIFICIAL INTELLIGENCE
NY Regulator: Tech-Agnostic Regulation Treats Processes Equally, Whether Manual or AI
Dec 18, 2025 03:47 PM (EST)
BEST'S CREDIT RATING ACTION
AM Best Assigns Credit Ratings to Prismic Life Reinsurance, Ltd. and Prismic Life Reinsurance International, Ltd.
Dec 18, 2025 03:20 PM (EST)

More from Best’s News


Trending

1
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
NAIC: AI Executive Order Carries Potential to Disrupt Established Practices
Dec 17, 2025 02:45 PM (EST)
2
PET INSURANCE
Employers Fuel Growth of Pet Insurance as Millennials, Gen Z Prioritize 'Family' Care
Dec 17, 2025 03:12 PM (EST)
3
BUSINESS INTERRUPTION INSURANCE
Federal Court Dismisses COVID Business Interruption Lawsuit, Allows Plaintiffs to Refile
Dec 17, 2025 03:20 PM (EST)
4
MERGERS AND ACQUISITIONS
Investment Firm Howard Hughes to Acquire Vantage for $2.1 Billion
Dec 18, 2025 10:39 AM (EST)
5
CAPTIVE INSURANCE
Michigan Lawmakers Debut Captive Insurance Legislative Package
Dec 17, 2025 04:28 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