Tower falls to US$3m first half loss as cat costs bite, COR at 105.3%

May 26 2023 by

Kiwi insurer Tower reported a loss of NZ$5.1 million (US$3 million) for the first half of its financial year (H1 2023) ending September 30, 2023 as large catastrophe event costs rose up to NZ$33.9 mil...

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