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earthquake provisions

Tower gets $30 million cash advance from BNZ as quake costs see it only $5 million away from breaching the RBNZ solvency requirements
24th May 17, 2:53pm
11
Tower gets $30 million cash advance from BNZ as quake costs see it only $5 million away from breaching the RBNZ solvency requirements
Tower upsets a reinsurer by allegedly catching it 'off-guard' in its haste to secure desperately needed cash
14th Sep 16, 11:47am
5
Tower upsets a reinsurer by allegedly catching it 'off-guard' in its haste to secure desperately needed cash
Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low
8th Sep 16, 11:51am
7
Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low