Tower bounces back to profit after healthy year
Outgoing chief executive Blair Turnbull says business set up for long-term growth.
Blair Turnbull leaves Tower early next year.
Listed insurer Tower has reported a solid financial result because of stronger business activity and no large-scale weather events.
Its net profit after tax in the year ended September 30 was $74.3 million, compared with a loss of $1m last year.
Revenue rose 17% to $562.4m, while customer numbers
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