Tower Limited

TWR

NZTWRE0011S2

Tower Limited is a New Zealand-based company, which is engaged in the provision of general insurance. The Company operates in two geographical segments: New Zealand and the Pacific region. The New Zealand segment consists of general insurance business underwritten in New Zealand. The Pacific Islands segment includes general insurance business underwritten in the Pacific by Companyâs subsidiaries and branch operations. It offers various types of insurance, such as Car Insurance, House Insurance, Contents Insurance, Contract Works-Renovation cover, Landlord Insurance, Boat Insurance, Business Insurance, Travel Insurance, Pet Insurance, Rentersâ Insurance, House and Contents bundle, Electric Vehicle Insurance, Motorbike & Motorcycle Insurance, Lifestyle Block and Farm, Caravan or Trailer Insurance, Motorhome, Campervan & RV Insurance, and Multi-Policy Discount. Its subsidiaries include Tower Insurance (Cook Islands) Limited and Tower Insurance (Fiji) Limited.

Sector

Property & Casualty Insurance

Calendar

2024-05-27 - Q2 2024 Earnings Call

More about the company

Income Statement Evolution

More financial data

Ratings for Tower Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.825 NZD

Average target price

0.9 NZD

Spread / Average Target

+9.09%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Property & Casualty Insurance

	1st Jan change	Capi.
TOWER LIMITED	+35.25%	183M
TOKIO MARINE HOLDINGS, INC.	+31.43%	59.7B
AMERICAN INTERNATIONAL GROUP, INC.	+9.68%	49.2B
THE TRAVELERS COMPANIES	+12.20%	48.18B
THE ALLSTATE CORPORATION	+23.75%	44.6B
ARCH CAPITAL GROUP LTD.	+24.84%	34.15B
INTACT FINANCIAL CORPORATION	+8.96%	28.78B
MS&AD INSURANCE GROUP HOLDINGS, INC.	+44.92%	27.43B
FAIRFAX FINANCIAL HOLDINGS LIMITED	+24.10%	24.97B
SAMPO OYJ	+0.66%	21.11B

Other Property & Casualty Insurance

End-of-day quote New Zealand S.E. Other stock markets 06:00:00 2024-04-18 pm EDT			5-day change	1st Jan Change
0.825 ^NZD	+1.23%		+19.57%	+35.25%

Apr. 17	New Zealand Shares Rebound on Easing Inflation; Tower Ltd. Rises 8% on Improved FY2024 Guidance	MT
Apr. 17	Tower Upwardly Revises Underlying Net Profit Guidance for Fiscal 2024	MT

New Zealand Shares Rebound on Easing Inflation; Tower Ltd. Rises 8% on Improved FY2024 Guidance	Apr. 17	MT
Tower Upwardly Revises Underlying Net Profit Guidance for Fiscal 2024	Apr. 16	MT
Transcript : Tower Limited - Shareholder/Analyst Call	Feb. 20
Tower Limited Revises Earnings Guidance for the Fiscal Year 2024	Feb. 20	CI
New Zealand Shares Extend Decline on US Inflation Woes; Fletcher Building Swings to Net Loss in Fiscal H1	Feb. 13	MT
Tower Expects Underlying Net Profit to be at Upper End/Exceed Fiscal Year 2024 Guidance; Shares Jump 8%	Feb. 13	MT
New Zealand Shares Flat on Tuesday; Tower Signs Deal to Sell Vanuatu Subsidiary	Jan. 15	MT
Tower Signs Deal to Sell Vanuatu Subsidiary	Jan. 15	MT
Capital Insurance Group agreed to acquire TOWER Insurance Limited from Tower Limited.	Jan. 15	CI
Johns Lyng Joins Forces with Tower in New Zealand with Building Repair Deal	Dec. 11	MT
Tower Undertaking Strategic Review of Ownership Structure; Shares Slide 3%	Dec. 03	MT
Tower Ltd Announces Strategic Review	Dec. 03	CI
Transcript : Tower Limited, 2023 Earnings Call, Nov 23, 2023	Nov. 22
Tower Limited Reports Earnings Results for the Full Year Ended September 30, 2023	Nov. 22	CI
Tower Exits Commercial Rural Business	Nov. 19	MT
Tower Limited Announces Board Changes	Nov. 16	CI
Tower Limited Revises Earnings Guidance for the Full Year of 2023	23-10-15	CI
New Zealand's Tower raises annual profit forecast on lower cyclone allowance	23-10-15	RE
New Zealand's Tower raises annual profit forecast	23-10-15	RE
Tower Limited Revises Earnings Guidance for the Full Year of 2023	23-07-18	CI
Tower to Sell Solomon Islands Business to Trans Pacific Assurance for NZ$3.3 Million	23-07-02	MT
Tower Limited Reports Earnings Results for the Half Year Ended March 31, 2023	23-05-25	CI
Tower Falls to Fiscal H1 Loss as Claims, Underwriting Expenses Jump	23-05-24	MT
Transcript : Tower Limited, H1 2023 Earnings Call, May 25, 2023	23-05-24
Australian Shares Rise Amid Easing Downward Pressure on Banking Stocks	23-05-08	MT

Tower Limited

Equities

TWR