Tower renews FY25 reinsurance programme with 6.7% increase to upper cat limit
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Tower renews FY25 reinsurance programme with 6.7% increase to upper cat limit

The New Zealand-based insurer estimates it will pay 11.7% of total income for reinsurance coverage.

By Jai Singh
September 23, 2024
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stack of one hundred dollars notes

New Zealand insurer Tower has renewed its reinsurance programme for the 2025 financial year, increasing its catastrophe upper limit by 6.7%

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