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:
AUB Group Ltd
sales of 196.65 million Australian Dollars [US$150.69 million]
of which 96%
was Insurance Intermediary),
Cbl Corporation Ltd
(244.45 million New Zealand Dollars [US$175.74 million]
of which 70%
was CBL Insurance), and
Cover More Group Ltd
based in Australia
(220.24 million Australian Dollars [US$168.77 million]
of which 71%
was Travel Insurance).
Tower Limited reported sales of 265.68 million New Zealand Dollars (US$191.00 million)
September of 2015.
increase of 4.2%
versus 2014, when the company's sales were 254.86 million New Zealand Dollars.
Sales of General Insurance/nz saw an increase
that was more than double the company's growth rate: sales were up
458.9% in 2015, from
38.79 million New Zealand Dollars to 216.81 million New Zealand Dollars.
Not all segments of Tower Limited experienced an increase in sales in 2015:
sales of General Insurance/pacific fell 78.0% to 46.92 million New Zealand Dollars.
Tower Limited also experienced decreases in sales in
Holdings and Eliminations (down 26.2% to 1.95 million New Zealand Dollars)