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

Tuesday 27th April 2021

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

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