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.

September 23, 2024

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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