Tower Limited operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tower Limited with three other
insurance companies in Australasia:
Freedom Insurance Group
sales of 53.66 million Australian Dollars [US$39.11 million]
Turners Automotive Group Ltd
(249.87 million New Zealand Dollars [US$165.26 million]
of which 77%
was Automotive Retail), and
Clearview Wealth Limited
based in Australia
(333.50 million Australian Dollars [US$243.08 million]
of which 41%
was Life Insurance).
Tower Limited reported sales of 267.60 million New Zealand Dollars (US$176.98 million)
September of 2017.
a very small
increase of 0.5%
versus 2016, when the company's sales were 266.25 million New Zealand Dollars.
This was the fourth straight year of sales growth at Tower Limited.
Sales of General Insurance/nz saw an increase
that was more than double the company's growth rate: sales were up
1.4% in 2017, from
218.99 million New Zealand Dollars to 222.12 million New Zealand Dollars.
Not all segments of Tower Limited experienced an increase in sales in 2017:
sales of Holdings and Eliminations fell 55.3% to 665,000.00 New Zealand Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).
Tower Limited also experienced decreases in sales in
General Insurance/pacific (down 2.1% to 44.82 million New Zealand Dollars)