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Tower finds extra FY26 earnings as event claims stay below allowance
6:30am on Tuesday 6th of October, 2026 AEDT
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Insurance
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Tower finds extra FY26 earnings as event claims stay below allowance
6:30am on Tuesday 6th of October, 2026 AEDT
Key Points
Underlying FY26 NPAT guidance raised to $69m-$79m from $55m-$65m
Large event claims totalled around $25m against a $45m allowance
Unused allowance is expected to add about $14m after tax
Customer numbers increased 8% to 345,000
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Tower (NZX:TWR)
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