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The latest announcement is out from Tower Limited ( (AU:TWR) ).
Global credit rating agency AM Best has affirmed Tower Limited’s Financial Strength Rating as A- (Excellent) and its Long-Term Issuer Credit Rating as a- (Excellent), both with a stable outlook. This affirmation reflects Tower’s robust balance sheet, adequate operating performance, and effective enterprise risk management, positioning the company for long-term shareholder returns.
More about Tower Limited
Tower Limited is a company incorporated in New Zealand, operating within the financial services industry. It focuses on providing insurance products and services, with a strong emphasis on maintaining financial stability and effective risk management.
YTD Price Performance: 7.51%
Average Trading Volume: 33,435
Technical Sentiment Signal: Sell
Current Market Cap: A$430.5M
For detailed information about TWR stock, go to TipRanks’ Stock Analysis page.