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Aussie insurer takes 5.82% stake in Tower

Pacific International Insurance is fully owned by South African insurer Badger International.

Tower chief executive Blair Turnbull.

NBR Staff Wed, 26 Jul 2023
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

An Australian insurer, fully owned by South African insurer Badger International, has taken a 5.82% stake in dual-listed New Zealand insurer Tower.

An NZX disclosure notice published today said that Pacific International Insurance – which has had New Zealand operations for more than 20 years –

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NBR Staff Wed, 26 Jul 2023
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Aussie insurer takes 5.82% stake in Tower
Investment,
100083
true