Tower reinstates cat cover following cyclone and flood losses
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
Insurance Insider is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Tower reinstates cat cover following cyclone and flood losses

tower logo generic 2023.png

New Zealand insurer Tower has placed an additional cat reinsurance protection providing coverage for the rest of its fiscal year to 30 September.

The extra coverage provides protection for a third potential cat event up to a loss of NZ$889mn ($541mn), after it suffered losses from flooding in Auckland and Cyclone Gabrielle earlier this year.

Earlier

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article