Tower warns of potential full-year loss amid challenging claims environment in New Zealand
Reinsurance News - Jul 19, 2023
New Zealand-based insurer Tower has revised its market guidance on underlying net profit after tax for the year ending 30 September 2023, from a profit of between $8 million and $13 million to a loss of $2 million and a profit of $3 million, driven by the ongoing challenging claims environment in Ne...
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