Tower navigates future with more extreme weather
Net loss of $1.2m in the year ended September after multiple weather events, compared with $18.9m profit last year.
Tower chair Michael Stiassny.
Listed insurer Tower is attempting to build resilience within the business to protect itself – and customers – from future natural disasters.
Chief executive Blair Turnbull told NBR it was a year of “unprecedented challenges”, which were exacerbated by the extreme weather.
He said Tower had
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