Tower to raise premium after losses
30-05-2018
Tower Insurance capital raise, reinsurance deal reassure AM Best
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New Zealand-based general insurer Tower's CEO is planning to cut 108 jobs as part of its cost-saving initiative, saying "digital is the way of the future". The company aims to cut cost by NZ$7.2 million ($4.46 million) per year.
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Tower Insurance, Job cuts, Insurance. Reinsurance, Richard Harding, New Zealand
