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Tower profit guidance range bumped up by $30m

The listed insurer says the guidance is on condition no large natural disasters occur this month.

Chief executive Paul Johnston.

NBR Staff Fri, 12 Sep 2025

Listed insurance company Tower has boosted its profit guidance for the financial year ended September by $30 million because of limited severe weather.

It said its underlying net profit after tax is now expected to be in the range of between $100m to $110m, provided that no large events are recorded

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NBR Staff Fri, 12 Sep 2025
Contact the Writer: editor@nbr.co.nz
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Tower profit guidance range bumped up by $30m
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