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Tower lifts reinsurance cover at lower cost

📅 2026-09-22 | 📰 Business Insurance
#insurance-news #tower #lifts #reinsurance

New Zealand-based Tower Ltd. has increased its first-event catastrophe reinsurance coverage to 970 million New Zealand dollars ($526 million) for fiscal 2027, at an estimated cost of 9% of gross written premium, down from 11% last year,...

Read more: https://www.businessinsurance.com/tower-lifts-rein...