Tower Limited

TWR

NZTWRE0011S2

Property & Casualty Insurance

End-of-day quote New Zealand S.E. Other stock markets 03:30:00 17/07/2024 am IST			5-day change	1st Jan Change
0.95 ^NZD	+0.53%		+4.40%	+55.74%

02/07	New Zealand's Reserve Bank to Stress Test General Insurers	MT
25/06	New Zealand Shares Rise as Domestic Employment Cools; SkyCity to Sell 10% Stake in European Gaming Platform	MT

Tower Limited Reaffirms Earnings Guidance for the Fiscal Year 2023

January 30, 2023 at 08:26 am IST

Tower Limited reaffirmed earnings guidance for the fiscal year 2023. The company's fiscal year 2023 full year guidance remains unchanged.

Latest news about Tower Limited

New Zealand's Reserve Bank to Stress Test General Insurers	03/07	MT
New Zealand Shares Rise as Domestic Employment Cools; SkyCity to Sell 10% Stake in European Gaming Platform	25/06	MT
Tower Enters General Insurance Products Agreement with Kiwibank	25/06	MT
New Zealand Shares Flat; Tower Raises Underlying Net Profit Guidance for Fiscal Year 2024	11/06	MT
Tower Further Raises Underlying Net Profit Guidance for Fiscal 2024	11/06	MT
Tower Limited Updates Earnings Guidance for the Year Ending September 30, 2024	11/06	CI
Tower Limited Reports Earnings Results for the Half Year Ended March 31, 2024	28/05	CI
New Zealand Shares Fall as Filled Jobs Settle; Tower Swings to Net Profit in Fiscal H1	28/05	MT
Transcript : Tower Limited, H1 2024 Earnings Call, May 28, 2024	28/05
Tower Swings to Profit in Fiscal H1, Declares Dividend	28/05	MT
Tower Limited Announces Dividend for the Period of Six Months Ended March 31, 2024, Payable on June 27, 2024	28/05	CI
New Zealand Shares Drop on Consumer Pessimism; Ebos Group Falls 3% After Appointing New CFO	26/04	MT
AM Best Affirms Tower's Financial Strength Rating as A- (Excellent)	26/04	MT
New Zealand Shares Rebound on Easing Inflation; Tower Ltd. Rises 8% on Improved FY2024 Guidance	17/04	MT
Tower Upwardly Revises Underlying Net Profit Guidance for Fiscal 2024	17/04	MT
Tower Limited Revises Earnings Guidance for the Year Ending 30 September 2024	17/04	CI
Transcript : Tower Limited - Shareholder/Analyst Call	21/02
Tower Limited Revises Earnings Guidance for the Fiscal Year 2024	21/02	CI
New Zealand Shares Extend Decline on US Inflation Woes; Fletcher Building Swings to Net Loss in Fiscal H1	14/02	MT
Tower Expects Underlying Net Profit to be at Upper End/Exceed Fiscal Year 2024 Guidance; Shares Jump 8%	14/02	MT
New Zealand Shares Flat on Tuesday; Tower Signs Deal to Sell Vanuatu Subsidiary	16/01	MT
Tower Signs Deal to Sell Vanuatu Subsidiary	16/01	MT
Capital Insurance Group agreed to acquire TOWER Insurance Limited from Tower Limited.	16/01	CI
Johns Lyng Joins Forces with Tower in New Zealand with Building Repair Deal	12/12	MT
Tower Undertaking Strategic Review of Ownership Structure; Shares Slide 3%	04/12	MT

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

19/11/2024 - Q4 2024 Earnings Release (Projected)

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

0.95 NZD

Average target price

0.9 NZD

Spread / Average Target

-5.26%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Property & Casualty Insurance

	1st Jan change	Capi.
TOWER LIMITED	+55.74%	22Cr
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THE TRAVELERS COMPANIES	+15.91%	5.06TCr
THE ALLSTATE CORPORATION	+21.95%	4.51TCr
MS&AD INSURANCE GROUP HOLDINGS, INC.	+102.25%	3.82TCr
ARCH CAPITAL GROUP LTD.	+31.78%	3.66TCr
INTACT FINANCIAL CORPORATION	+17.46%	3.12TCr
FAIRFAX FINANCIAL HOLDINGS LIMITED	+29.61%	2.58TCr
SAMPO OYJ	-0.50%	2.16TCr

Other Property & Casualty Insurance

Tower Limited

Equities

TWR

NZTWRE0011S2

Property & Casualty Insurance

Tower Limited Reaffirms Earnings Guidance for the Fiscal Year 2023

Latest news about Tower Limited

Chart Tower Limited

Company Profile

Income Statement Evolution

Ratings for Tower Limited

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Other Property & Casualty Insurance