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Tower investor: ‘We lost confidence in the board’

Insurer disappoints again with increase in claims provision.

Tim Hunter
Thu, 08 Sep 2016

Insurance company Tower’s [NZX: TWR] latest announcement of another increase in claims provision for the Canterbury earthquakes may have shocked the market but it comes as no surprise to a former significant shareholder.

“One of the big reasons we sold out of the company was we lost complete

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Tim Hunter
Thu, 08 Sep 2016
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Tower investor: ‘We lost confidence in the board’
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