Large events, house claims and cost pressures weight in 'difficult' year.
NZX-listed insurer Tower has proposed a $30.4 million compulsory share buyback following a challenging and difficult year.
The company said today that its net profit after tax was up 72% to $19.3m in the year ended September 30, while underlying profit was down to $20.8m from $28.4m last
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Hamish McNicol
Wed, 24 Nov 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
