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Tower earnings guidance unchanged on $7.6m Tonga eruption cost

NZX-listed insurer has received 288 claims relating to January's eruption and tsunami.

NZX-listed insurer Tower says its full-year earnings guidance is unchanged after assessing the cost of January’s volcanic eruption and tsunami in Tonga and last month’s Cyclone Dovi in New Zealand.

Tower has about 2500 customers in Tonga, with the branch also supporting around 300 commercial

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Hamish McNicol Wed, 23 Mar 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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Tower earnings guidance unchanged on $7.6m Tonga eruption cost
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