Corporate structure update Sept 2020
Tower Limited (NZX/ASX: TWR) intends to simplify its corporate structure to make Tower Insurance Limited the listed parent company of the Tower Group, subject to regulatory approval.
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New Tower CEO announced
Tower Insurance has today announced the appointment of New Zealander, Blair Turnbull as Chief Executive Officer, subject to completion of the regulatory approvals process.
Tower commits to refund COVID-19 claims
Tower Insurance confirms it will pass on any savings it makes due to COVID-19 with refunds for car insurance customers to be made by the end of May 2020.
Tower supports customers during COVID-19
Tower introduces hardship measures to support customers during COVID-19.
Tower Insurance takes EQC to court
Tower Insurance (Tower) today advised it has lodged formal proceedings against the EQC for the recovery of money owed to Tower for rectifying building issues on EQC’s behalf.
Tower fixes fee disclosure issues
Tower Insurance today advised it has identified, resolved and self-reported an issue relating to the disclosure of fees for some customers.
Tower completes acquisition of Youi NZ
Tower Limited today announced that Tower Insurance Limited has settled its purchase of Youi NZ Pty Ltd’s insurance portfolio.
This industry needs to rebuild trust
The insurance industry needs to increase transparency and rebuild trust." - Richard Harding
Tower welcomes new financial regime
Tower welcomes the government’s announcement today to regulate financial conduct and create fairer outcomes for customers of all insurers.
Tower to acquire Youi NZ
Tower Limited today announced that Tower Insurance Limited has signed a Portfolio Transfer Agreement for the purchase of Youi NZ Pty Ltd’s insurance portfolio, subject to regulatory approvals.