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International

Tower Ltd. to report positive underwriting results over medium term

April 29, 2024 Reprints

A.M. Best Co. Inc. said New Zealand-based Tower Ltd. is expected to report positive underwriting and operating results over the medium term, backed by appropriate risk selection, pricing as well as positive investment returns, Asia Insurance Review reported. The non-life insurer is also expected to decrease its expense ratio over the medium term as it grows its premium base and increases efficiency through IT transformation.

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Tower Ltd. to report positive underwriting results over medium term

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