Tower

TOWER Insurance is a New Zealand-based insurance company which provides fire & general insurance.

Company Details

Registered Office: Level 5, 136 Fanshawe Street, Auckland 1010, New Zealand

Postal Address: Level 5, 136 Fanshawe Street, Auckland 1010, New Zealand

Telephone: +64-21-900-104

Facsimile: n/a

Website: http://www.tower.co.nz

First Listed: 28/09/1999

Balance Date: 30 September

AGM: 11/02/2025

Directors and Executives

Naomi Ballantyne

Independent Director

Michael Cutter

Independent Director

Paul Johnston

Chief Executive Officer

Geraldine McBride

Director

Marcus Nagel

Independent Director

Angus Shelton

Chief Financial Officer

Michael Stiassny

Independent Chairman

Announcements

Title	Date	Type
SPH Notice - Forsyth Barr Investment Management Limited	Wed, Oct 01 2025 04:52 pm	SHINTR
Tower announces partnership with Westpac NZ	Fri, Sep 26 2025 08:30 am	MKTUPDTE
Amended SPH Notice - Salt Funds Management Limited	Wed, Sep 24 2025 10:10 am	SHINTR
Tower successfully renews insurance programme for FY26	Wed, Sep 24 2025 08:30 am	MKTUPDTE
SPH Notice - Salt Funds Management Limited	Tue, Sep 23 2025 08:37 am	SHINTR
Tower updates FY25 guidance	Fri, Sep 12 2025 08:30 am	MKTUPDTE
Tower to discontinue multi-policy discounts	Wed, Jul 23 2025 08:30 am	MKTUPDTE
SPH Notice - Forsyth Barr Investment Management Limited	Wed, Jul 16 2025 05:29 pm	SHINTR
SPH Notice - Salt Funds Management Limited	Thu, Jul 10 2025 10:39 am	SHINTR
Ongoing Disclosure - Blair Turnbull	Thu, Jul 10 2025 08:30 am	SHINTR

Major Holdings Announcements

Date	Name	No. Held	%	Current
16/07/25	Forsyth Barr Group Limited	17,151,296	-	5.01
10/07/25	Salt Funds Management Limited	20,740,168	7.09	5.99
01/07/25	Accident Compensation Corporation	27,464,356	9.07	8.02
03/04/25	Bain Capital Credit LP, Bain Capita	-	-	-
22/10/24	New Zealand Funds Management Limite	18,947,838	6.31	4.99
24/07/23	Investment Services Group Limited	16,462,854	5.43	4.34
19/04/21	Westpac Banking Corporation	20,302,521	5.48	4.82
04/01/18	National Australia Bank Limited	12,520,366	7.36	3.71
29/06/17	Fairfax Corporation Pty Limited	-	18.13	-
24/03/17	Blair Cooper	13,604,120	8.30	8.07
20/03/17	UBS AG and its related bodies corpo	2,970,204	7.82	1.76
17/03/17	Perpetual Limited	2,556,325	8.71	1.52

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
02/04/25	Angus Shelton	44,550	-	-	-
01/04/25	Michael John Cutter	31,253	-	-	-
01/04/25	Marcus Nagel	50	-	-	-
01/04/25	Geraldine Celia McBride	4,929	-	-	-
01/04/25	Michael Stiassny	562,407	-	-	-
04/01/23	Blair McLaren Turnbull	256,578	-	-	-
04/04/22	Wendy Thorpe	14,625	-	-	-
04/04/22	Michael Peter Stiassny	624,897	-	-	-
04/04/22	Graham Robert Stuart	202,500	-	-	-
04/04/22	Warren Lee	108,450	-	-	-
24/10/19	Richard Murdoch Harding	44,625	-	-	-
24/10/19	Jeffrey Simon Wright	25,000	-	-	-
22/12/17	Steve Smith	18,460	-	-	-
01/12/17	David Charles Callanan	1,500	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	59.1	17.4	11.5	630.3
high	59.1	17.4	11.5	630.3
low	59.1	17.4	11.5	630.3
sample	1	0	1	1	1	0	0

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 04/09/2025