Tower's Reinsurance Cost Reset Pleases Bull -- Market Talk

Dow Jones09-25

0130 GMT - Forsyth Barr is happy with general insurer Tower's reset to its reinsurance costs. Analyst James Lindsay says Tower's renewal of its reinsurance program for FY 2026 was achieved on better-than-expected terms. Reinsurance costs are likely to fall from 13.3% of gross written premium in FY 2025 to 10.7% in FY 2026, Forsyth Barr says. Meanwhile, the maximum cover for the first two events has increased to NZ$915 million from NZ$800 million. "The program simplifies protection for large individual property risks, with Tower opting to retain increased underwriting risk in return for higher premiums," Forsyth Barr says. "We see this as a sensible trade-off in light of Tower's risk-based pricing capability, and view the placement of the program positively overall." It keeps an outperform call on Tower. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

September 24, 2025 21:30 ET (01:30 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2570058160?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-25 09:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2570058160","market":"us","top_or_hot":-1,"title":"Tower's Reinsurance Cost Reset Pleases Bull -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0130 GMT - Forsyth Barr is happy with general insurer Tower's reset to its reinsurance costs. Analyst James Lindsay says Tower's renewal of its reinsurance program for FY 2026 was achieved on better-than-expected terms. Reinsurance costs are likely to fall from 13.3% of gross written premium in FY 2025 to 10.7% in FY 2026, Forsyth Barr says. Meanwhile, the maximum cover for the first two events has increased to NZ$915 million from NZ$800 million. \"The program simplifies protection for large individual property risks, with Tower opting to retain increased underwriting risk in return for higher premiums,\" Forsyth Barr says. \"We see this as a sensible trade-off in light of Tower's risk-based pricing capability, and view the placement of the program positively overall.\" It keeps an outperform call on Tower. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 24, 2025 21:30 ET (01:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tower's Reinsurance Cost Reset Pleases Bull -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTower's Reinsurance Cost Reset Pleases Bull -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-25 09:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0130 GMT - Forsyth Barr is happy with general insurer Tower's reset to its reinsurance costs. Analyst James Lindsay says Tower's renewal of its reinsurance program for FY 2026 was achieved on better-than-expected terms. Reinsurance costs are likely to fall from 13.3% of gross written premium in FY 2025 to 10.7% in FY 2026, Forsyth Barr says. Meanwhile, the maximum cover for the first two events has increased to NZ$915 million from NZ$800 million. \"The program simplifies protection for large individual property risks, with Tower opting to retain increased underwriting risk in return for higher premiums,\" Forsyth Barr says. \"We see this as a sensible trade-off in light of Tower's risk-based pricing capability, and view the placement of the program positively overall.\" It keeps an outperform call on Tower. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 24, 2025 21:30 ET (01:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TWR.NZ","symbol_name":"Tower Limited Ordinary Shares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2570058160","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570058160","pubTimestamp":1758763800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0130 GMT - Forsyth Barr is happy with general insurer Tower's reset to its reinsurance costs. Analyst James Lindsay says Tower's renewal of its reinsurance program for FY 2026 was achieved on better-than-expected terms. Reinsurance costs are likely to fall from 13.3% of gross written premium in FY 2025 to 10.7% in FY 2026, Forsyth Barr says. Meanwhile, the maximum cover for the first two events has increased to NZ$915 million from NZ$800 million. \"The program simplifies protection for large individual property risks, with Tower opting to retain increased underwriting risk in return for higher premiums,\" Forsyth Barr says. \"We see this as a sensible trade-off in light of Tower's risk-based pricing capability, and view the placement of the program positively overall.\" It keeps an outperform call on Tower. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TWR.NZ":"Tower Limited Ordinary Shares","BK8017":"财产与意外伤害保险"},"translate_title":"Tower的再保险成本重置令多头满意——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TWR.NZ":0.9},"content_text":"0130 GMT - Forsyth Barr is happy with general insurer Tower's reset to its reinsurance costs. Analyst James Lindsay says Tower's renewal of its reinsurance program for FY 2026 was achieved on better-than-expected terms. Reinsurance costs are likely to fall from 13.3% of gross written premium in FY 2025 to 10.7% in FY 2026, Forsyth Barr says. Meanwhile, the maximum cover for the first two events has increased to NZ$915 million from NZ$800 million. \"The program simplifies protection for large individual property risks, with Tower opting to retain increased underwriting risk in return for higher premiums,\" Forsyth Barr says. \"We see this as a sensible trade-off in light of Tower's risk-based pricing capability, and view the placement of the program positively overall.\" It keeps an outperform call on Tower. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 24, 2025 21:30 ET (01:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2570058160","isCrawlerRequest":true}