Tower
TOWER Insurance is a New Zealand-based insurance company which provides fire & general insurance.
Announcements
| Title | Date | Type |
|---|---|---|
| AM Best affirms Tower Limited's A- (excellent) rating | Tue, Apr 26 2022 08:31 am | CREDIT |
| Tower Half Year 2022 Results Date | Tue, Apr 26 2022 08:31 am | GENERAL |
| SPH Notice – Accident Compensation Corporation (ACC) | Tue, Apr 19 2022 03:17 pm | SHINTR |
| Ongoing Disclosure Notices | Mon, Apr 04 2022 05:18 pm | SHINTR |
| Tonga Event Claims Update and Cyclone Dovi Claims | Tue, Mar 22 2022 05:15 pm | MKTUPDTE |
| Capital Change Notice - Return of Capital to Shareholders | Wed, Mar 09 2022 04:11 pm | SECISSUE |
| Capital Return to Shareholders Implemented | Wed, Mar 09 2022 11:47 am | CORPACT |
| Tower Limited (“TWR”) – Capital Return to Shareholders | Wed, Mar 02 2022 11:54 am | MEMO |
| CAPITAL RETURN – FINAL COURT ORDERS RECEIVED | Tue, Mar 01 2022 04:38 pm | CORPACT |
| Results of Annual Shareholder Meeting | Wed, Feb 02 2022 01:35 pm | MEETING |
Directors and Executives
Paul Johnston
Chief Financial Officer
Warren Lee
Independent Director
Marcus Nagel
Non-Executive Director
Michael Stiassny
Independent Chairman
Graham Stuart
Independent Director
Wendy Thorpe
Independent Non-Executive Director
Blair Turnbull
Chief Executive Officer
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:
02/02/2022
Major Holdings Announcements
| Date | Name | No. Held | % | Current |
|---|---|---|---|---|
| 19/04/22 | Accident Compensation Corporation | 36,239,113 | 8.37 | 9.55 |
| 19/07/21 | Salt Funds Management Limited | 29,607,771 | 8.41 | 7.02 |
| 19/04/21 | Westpac Banking Corporation | 20,302,521 | 5.48 | 4.82 |
| 19/04/21 | Investment Services Group Limited | 27,379,134 | 7.58 | 6.49 |
| 16/04/21 | New Zealand Funds Management Limite | 26,615,216 | 5.24 | 6.31 |
| 08/03/18 | Bain Capital Credit LP, Bain Capita | 67,464,858 | - | 20.00 |
| 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 |
|---|---|---|---|---|---|
| 04/04/22 | Blair McLaren Turnbull | 372,998 | - | - | - |
| 04/04/22 | Michael Peter Stiassny | 624,897 | - | - | - |
| 04/04/22 | Graham Robert Stuart | 202,500 | - | - | - |
| 04/04/22 | Wendy Thorpe | 14,625 | - | - | - |
| 04/04/22 | Marcus Nagel | 56 | - | - | - |
| 04/04/22 | Warren Lee | 108,450 | - | - | - |
| 24/10/19 | Jeffrey Simon Wright | 25,000 | - | - | - |
| 24/10/19 | Richard Murdoch Harding | 44,625 | - | - | - |
| 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 | 23.0 | 29.2 | 5.4 | 5.0 | 426.9 | ||
| high | 23.0 | 29.2 | 5.4 | 5.0 | 426.9 | ||
| low | 23.0 | 29.2 | 5.4 | 5.0 | 426.9 | ||
| sample | 1 | 1 | 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: 31/03/2022