Tower Sees Lower Reinsurance Premium Expense in Fiscal 2026

MT Newswires Live

2025/09/24

Tower (ASX:TWR, NZE:TWR) said it expects its reinsurance premium expense for fiscal 2026 to be about 11% of gross written premium, down from a little over 13% last year, according to a Wednesday filing with the New Zealand bourse.

The result will be offset by lower reinsurance recoveries on property risks, the filing said.

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