If tower maintains it div todays prices represent a nice div, of more interest to me is for them to demonstrate they are serious about growing the general insurance business.
I see if IAG is not allowed to take over lumley ( lets hope so we dont want another duopoly in nz developing do we ) there maybe an opportunity for someone else to buy tower? would substanially boost there general insurance market share.
I read it and makes it sound like a great buy at current price with Premiums going up etc.. Not familiar at all with history here , legacies , management , debt etc. So whats the catch? cheers jt
I dont know if i would like them knowing everywhere i went
They say they wont use the data for any other purpose including claims. I am sure the Police may request it if you are in a crash though. Count me out but then I dont think I would score highly anyway.
I dont know if i would like them knowing everywhere i went
Thanks for the link. Most innovative thing I have seen an insurer do in a while. Might attract younger and bored drivers interested in a bit of gaming and friendly competition on their way to work or whereever.
Originally Posted by brucey09
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