Tower acquires rights to Kiwibank portfolio

Oct 6, 2022 | Latest News

6.10.22 Kiwi insurer Tower (NZX/ASX: TWR) has agreed to pay $5.9m to Kiwibank to acquire and assume Kiwibank’s rights and obligations relating to a portfolio of insurance policies underwritten by Tower. Tower CEO, Blair Turnbull says, “The completion of this deal brings an end to our strategy of acquiring legacy insurance books and migrating them […]

 


 

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