Tower's increased earthquake cover puts dividend at risk
Tower's increased Christchurch rebuild cover by $50 million may put dividends at risk, analysts warn.
Listed general insurer Tower’s [NZX: TWR] announcement it had increased its Christchurch rebuild cover by $50 million will put its dividend at risk, analysts warn.
Tower chief executive David Hancock said last week the company has increased its level of adverse development cover through its
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Calida Smylie
Tue, 21 Apr 2015
Tue, 21 Apr 2015
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Tower's increased earthquake cover puts dividend at risk
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