Tower Limited operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tower Limited with three other
insurance companies in Australasia:
sales of 154.16 million Australian Dollars [US$108.26 million]
of which 51%
was Health Insurance),
AUB Group Ltd
(279.81 million Australian Dollars [US$196.50 million]
of which 82%
was Insurance Intermediary), and
Clearview Wealth Limited
based in AUSTRALIA
(385.76 million Australian Dollars [US$270.90 million]
of which 45%
was Life Insurance).
Tower Limited reported sales of 303.36 million New Zealand Dollars (US$198.40 million)
September of 2019.
increase of 7.7%
versus 2018, when the company's sales were 281.72 million New Zealand Dollars.
Sales at Tower Limited have increased during each of the previous five years
(and since 2014, sales have increased a total of 19%).
Sales of General Insurance saw an increase
8.1% in 2019, from
278.51 million New Zealand Dollars to 301.00 million New Zealand Dollars.
Not all segments of Tower Limited experienced an increase in sales in 2019:
sales of Corporate fell 26.8% to 2.35 million New Zealand Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).