Tower Limited (NZX: TWR) Rating Reaffirmed as A- (Excellent)

Global company rating specialist A.M. Best has reaffirmed Tower Limited’s financial strength rating at A- (Excellent).

The rating reflects Tower’s balance sheet strength, which A.M. Best assesses as very strong. A.M. Best also noted Tower’s robust financial flexibility and prudent reinsurance programme.

Tower Chair, Michael Stiassny welcomes the confirmation from A.M. Best saying this latest reaffirmation recognises Tower’s strong performance in recent years.

“This is recognition that Tower is a consistent performer and we are well placed to continue successfully delivering on our strategy and achieving positive results.

Please see the link below for details:

Tower rating reaffirmed as A- (Excellent)

Source: Tower Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

NZAS Sign Long Term Contracts
Amended - IFT230 Maturity and Exchange for IFT350
Synlait forecast milk price update
Chorus submits 2023 fibre regulatory report
Infratil Infrastructure Bond Exchange Offer opens
May 31st Morning Report
NZAS and Mercury sign long-term agreement, creating opportunity for future investment in renewables
Meridian and NZAS sign long term contracts
ArborGen Holdings Results for Year Ended 31 March 2024
BAI - Full unaudited results to 31 March 2024