Tower expects FY24 underlying NPAT at upper end of or exceed range of $22m & $27m

Share!

Reinsurance News - Feb 15, 2024

Kiwi insurer Tower has updated its earnings guidance on underlying net profit after tax (NPAT) for the year ending September 30, 2024 to be at the upper end of or exceed the previously advised range of between $22 million and $27 million. This assumes full utilisation of a large events allowance whi...

Read Full Article

Recommended Articles

Parametrix places $35m cloud outage cat bond for Hannover Re

Posted: Apr 08, 2026

Parametrix, a provider of cloud monitoring, modelling and insurance services, has placed its third a...

Fuse introduces Contractors and Construction vertical to expand insurance intelligence platform

Posted: Apr 08, 2026

Fuse, an AI-powered commercial insurance intelligence platform, has launched its Contractors and Con...

Marsh Risk’s Cyber ECHO facility now offers up to $200m of insurance capacity

Posted: Apr 08, 2026

Marsh Risk, a business of global re/insurance broker Marsh, has announced that its Cyber ECHO facili...