Sharechat Logo

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

Tuesday 27th April 2021

Text too small?

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

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
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.

Related News:

Pacific Edge Limited (NZX: PEB) Placement Upsized Following Strong Demand
24th September 2021 Morning Report
23rd September 2021 Morning Report
Pacific Edge Limited (NZX: PEB) Dual Lists on ASX; Announces Capital Raise to Accelerate
Tower Limited (NZX: TWR) Updates Guidance
South Port New Zealand Limited (NZX: SPN) 2021 Annual Report
22nd September 2021 Morning Report
Kathmandu Holdings Limited (NZX: KMD) FY21 Annual Results Announcement
Stride Property Ltd & Stride Investment Management Ltd (NZX: SPG) Update on Demerger and Office Fund
21st September 2021 Morning Report