TWR - Tower Insurance.

[Dassets]

Don't think Tower does travel insurance

[aquaman]

Any loss from Pandemics are normally excluded from travel insurance

General Exclusions – applying to all sectionsThis policy does not cover any loss, damage, liability,death or incapacity directly or indirectly caused by orarising from:1. war, invasion, act of foreign enemy, war likeoperations (whether war is declared or not), civil war,mutiny, rebellion, revolution, insurrection, military orusurped power. (In respect of civil unrest only, thisexclusion does not apply to Section 1i. Evacuation –Civil Unrest Pacific Islands);2. Act of Terrorism – unless cover is otherwise providedunder individual sections of this policy. If we allegethat by reason of this clause, any loss or damage,cost or expense is not covered by this insurancethe burden of proving the contrary will be upon theinsured;3. nuclear weapons material;4. an actual or likely epidemic or pandemic, or thethreat of an epidemic or pandemic

[Rowdy Flat]

Don't think Tower does travel insurance

Yeah, they do. Not a significant part of their book thou'.

They have exposure to Southland but... all manageable.

Honestly... maybe consider mere minutes of simple research, rather than typing fear mongering posts.

[Cadalac123]

Yeah, they do. Not a significant part of their book thou'.

They have exposure to Southland but... all manageable.

Honestly... maybe consider mere minutes of simple research, rather than typing fear mongering posts.

Honestly I think this company is going to perform extremely well this year .

Balance sheet has demonstrated three years of steady growth. Significant turnaround year in fy19 with the IT transition and claim costs being tidied after the earthquake and the cyclones

Yeah risky stock in the sense that a major disaster can shake it but I see a dividend being reintroduced soon given last years performance and a strong cash position OR takeover offer

[boysy]

Yes divi reintroduced could be the catalyst for a rerate let’s hope the update next week reaffirms or increases guidance for FY20 ....

[winner69]

All going to plan

Interesting first time they’ve mentioned investment income lower than than forecast ....becoming a problem for most insurors as investment returns diminish

http://nzx-prod-s7fsd7f98s.s3-websit...388/316701.pdf

[trader_jackson]

suncorp NZ 5.4% GWP growth and IAG NZ 4.2% GWP growth... tower tracking to be more than double either of those at 11%... tower growing pretty fast but you wouldn't think so... the share price has been essentially flat for 3 and a half years...

[Cadalac123]

Guidance reaffirmed ! Awesome

[Balance]

suncorp NZ 5.4% GWP growth and IAG NZ 4.2% GWP growth... tower tracking to be more than double either of those at 11%... tower growing pretty fast but you wouldn't think so... the share price has been essentially flat for 3 and a half years...

Yes, sp has attempted uptrends twice over that period - to be flattened by capital raisings (2017 and 2019).

Company needs to demonstrate it does not need to raise any more capital and the best way to do that is to reinstate dividends.

If dividends are reinstated, expect the sp will put on at least 20% from here.

Let's see if AGM today mentions anything regarding dividends.

[Cadalac123]

The lower end of the guidance is a 63% increase in net income compared to FY19... will continue to hold this one till the full year report..