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Tower Lifts FY25 NPAT Guidance on Strong Claims Performance
7:30am on Wednesday 5th of February, 2025 AEDT
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Insurance
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Tower Lifts FY25 NPAT Guidance on Strong Claims Performance
7:30am on Wednesday 5th of February, 2025 AEDT
Key Points
Underlying NPAT guidance increased to $60m-$70m from $50m-$60m
Gross written premiums guidance lowered to 7%-12% growth
Combined operating ratio improved to 84%-86%
Claims performance benefited from benign weather and easing inflation
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