ASX:TWR

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ASX:TWR

Trans-Tasman Tidings: TWR, FSF

26 May 2023 - Some news wafted across the Tasman on Thursday from a couple of our Kiwi siblings, insurance group Tower (ASX:TWR) and dairy major Fonterra (ASX:FSF).

Tower (ASX:TWR) to sell its PNG subsidiary to Alpha Insurance

10 Jun 2022 - New Zealand-based insurance company Tower (ASX:TWR) is set to sell its Papua New Guinea (PNG) subsidiary to Alpha Insurance for $7.9 million.

Tower (ASX:TWR) voluntarily refunds $7.2M: ASX secures 6th week of gains

05 Jun 2020 - The Australian share market made a comeback this afternoon to finish 0.1 per cent higher today, falling just short of the 6,000 point level. The market was buoyed by …

5th consecutive week of gains: Aus gain 4.5% over week

29 May 2020 - Despite today’s losses, the market finished the week 4.5% higher. That’s the fifth consecutive week of gains for the ASX200. Investors are optimistic that the easing …

Tower (ASX:TWR) reports $14.9M first half profit

29 May 2020 - New Zealand insurer, Tower (ASX:TWR) has reported first half profit of $14.9 million after tax.

Tower (ASX:TWR) appoints new CEO

04 May 2020 - Tower (ASX:TWR) has appointed Blair Turnbull as Chief Executive Officer.

US oil price plunges into negative territory: ASX poised to open lower

21 Apr 2020 - The ASX looks set to open lower this morning. As demand for oil collapses during the coronavirus pandemic, oil has traded in negative prices for the first time in Uni…

All sectors in the black: ASX tracking 1.3% higher at noon

03 Jan 2020 - The ASX shot up at the open after positivity from global share markets. It is now tracking 1.3% higher at noon. Pro Medicus (ASX:PME) rose as did Netwealth Group (ASX…

Wall Street sees declines: ASX poised to open lower

10 Dec 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning as US stocks saw declines. The losses ended three days of rises on Wall Street, boo…

Tower to acquire Youi NZ insurance portfolio and raise capital

24 Sep 2019 - Tower insurance (ASX:TWR) has inked a deal to acquire Youi NZ insurance portfolio.

Gold miners take a dip: ASX tracking 1.1% higher at noon

16 Jan 2019 - The ASX opened lower is now tracking 0.1 per cent higher at noon. Ausdrill (ASX:ASL) shares are up to almost 7% today, rebounding from the resignation of its CFO. Gol…

Tower more than doubles earned premiums

01 Mar 2018 - Insurance company, Tower (ASX:TWR) told the market its transformation is going well, and in the four months to January’s end, it more than doubled its gross written p…

Wall Street lifts and oil rises: Aus shares to rally

13 Feb 2018 - The Australian share market opened higher after Wall Street rebounded and the oil price started to ease. The three major US indices all gained over 1 per cent on Mond…

GE falls while Boeing gains: Aus shares to open lower

14 Nov 2017 - Market Outlook in 3 mins: GE falls more than 7% while Boeing pulled Dow up. Markets were flat amid tax cut concerns. NAB will release business confidence figures for …

Suncorp Group no longer seeking to buy Tower

07 Nov 2017 - Suncorp Group (ASX:SUN) will no longer be proceeding with its appeal of the New Zealand Commerce Commission’s decision to potentially buy Tower (ASX:TWR).

Fantastic Finish: Aus shares close around one-year highs

03 Nov 2017 - Market Wrap: The Australian share market had a positive day of trade and a solid finish for the week with the ASX200 hitting one-year highs. Tower (ASX:TWR) will rele…

Suncorp disappointed NZCC declines Tower to buy Vero

26 Jul 2017 - Suncorp (ASX:SUN) says its disappointed that the New Zealand Commerce Commission has declined Tower Insurance (ASX:TWR) to buy Suncorp’s subsidiary, Vero Insurance Ne…

Muted finish: Aus shares close 0.1% lower

27 Jun 2017 - Muted finish: Aus shares close 0.1% lower. Tower Limited (ASX:TWR) has entered into a Scheme Implementation Agreement with Suncorp Group (ASX:SUN) via its wholly own…

Tower’s FY16 statutory loss affected by NZ earthquakes

29 Nov 2016 - Tower Ltd (ASX:TWR) reports full year FY16 statutory loss of $21.5M due to IT impairments and further Canterbury earthquake provisions.

Bears bellow: Aus shares close 0.71% lower

08 Sep 2016 - Bears bellow: Aus shares close 0.71% lower. Lucapa Diamond Company (ASX:LOM) have announced the recovery of a 38.6 carat pink diamond from alluvial mining operations…

Tower Increases earthquake claims provisions

08 Sep 2016 - New Zealand insurance company, Tower Ltd (ASX:TWR), expects to increase claims provisions for the Canterbury earthquakes.

Market Wrap: Aus shares close 0.43% lower

23 Feb 2016 - Aus shares close 0.43% lower. Tower Limited (ASX:TWR) says it’s in the early stages of assessing the impact of Cyclone Winston that caused extensive damage in Fiji.