The business summary, share performance, financial summary and outlook, management overview, key ratio analysis and a key financial summary.
TOWER Limited (TOWER) was engaged in the provision of health, life and general insurance and investment management services. The Company operates in New Zealand with some of its general insurance operations based in the Pacific Islands region. The Company’s segments included: Life insurance, which is engaged in all life and disability insurance in New Zealand; General Insurance, which includes all general insurance services in New Zealand and the Pacific Islands; Investments, which includes all wealth management services in New Zealand; and Other, which includes head office expenses, financing costs and eliminations. Its insurance products include boat, business, car, contents, rural, house, and travel. In July 2014, Tower Ltd sold its remaining life business, TOWER Life (N.Z.) Limited to Fidelity Life (NZ) Holdings Limited. The investment business was sold to Fisher Funds. The company was founded in 1869 and is based in Auckland, New Zealand.
energy, healthcare, industrials