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The latest update is out from Tower Limited ( (AU:TWR) ).
Tower Limited has appointed Naomi Ballantyne as an independent director to its board, bringing extensive experience in the New Zealand insurance sector. This strategic move aligns with Tower’s goal to enhance its market position as a top insurer. Additionally, the board has re-evaluated Marcus Nagel’s status, now considering him an independent director following Bain Capital’s divestment of its shares in Tower.
More about Tower Limited
Tower Limited operates in the financial services industry, focusing on insurance products in New Zealand. The company aims to be a leading provider of direct personal lines and SME insurance in its chosen markets.
Average Trading Volume: 25,356
Technical Sentiment Signal: Buy
Current Market Cap: A$453.2M
Find detailed analytics on TWR stock on TipRanks’ Stock Analysis page.