Tower reports $1.2m loss, after multiple extreme weather events
Insurer reports overall loss in year ended September, while no dividend will be paid.
Tower CEO Blair Turnbull.
Insurer Tower has reported a full-year loss, after being challenged by extreme weather events.
The listed company said its net loss was $1.2 million in the year ended September 30, compared with a profit of $18.9m last year.
That included strengthening of the residual Canterbury earthquake and
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