Tower Limited is a New Zealand-based general insurer that offers car, house, contents and other types of insurance. If you’d like to buy shares in the company on New Zealand’s Exchange (NZX), we’ll provide step-by-step instructions on how to buy TWR shares in this guide.
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Tower can trace its history back to 1869 and the creation of the Government Life Insurance Office. Government Life was renamed Tower Corporation in the 1980s and became a mutual association in 1990. However, it was demutualised in 1999 and became a shareholder-owned company.
Today, Tower Limited offers a range of general insurance products to customers in New Zealand and the Pacific Islands. These include car, house, contents, business and travel insurance, plus cover for motorbikes, bikes, boats and more.
Tower shares (TWR) are listed on the NZX and the Australian Securities Exchange (ASX).
In its 2020 annual report, Tower Limited announced the following key financial results:
|Type||Ordinary Shares||Date listed on NZX||28 Sep 1999|
|End of financial year||September||Chief executive officer||Blair Turnbull|
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