Tower posts solid net profit in FY24 as GWP climbs to $595m

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Reinsurance News - Nov 29, 2024

Kiwi insurer Tower Limited has posted an underlying net profit after tax (underlying NPAT) of $83.5 million and a reported profit of $74.3 million for the financial year ended September 30, 2024. This increase was a significant turnaround from the $1 million loss recorded in FY23, which was primaril...

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