Tower Investments

Tower recovers well; pays 6c dividend

Tower shareholders will be rewarded for the company's much improved profit through an increased dividend payment and a capital return of about $120 million, the company announced yesterday.

Tower shares take a pounding

Tower shares take a pounding

Shares in dual-listed insurer Tower have been pummelled this year dropping almost 25% in value, reflecting uncertainty about premium increases in New Zealand and Australia.

Tower still eyeing AMI

Tower still eyeing AMI

Tower Ltd remained in a sound financial position despite two major earthquakes in the past six months, group managing director Rob Flannagan said yesterday.

Questions in Tower purchase of AMI

Questions in Tower purchase of AMI

Any purchase of AMI Insurance by another New Zealand-based insurer would need Commerce Commission approval, to ensure competitiveness remained in the market.

PPPs pushed as KiwiSaver investment

Tower Investments is pushing for KiwiSaver schemes to be able to invest funds in infrastructure public private partnerships (PPPs).

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