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Tower significantly cheaper than Aussie peers

4 min read

Tower’s shares more than doubled in 2024 as the lack of any major weather events shone a light on the work the general insurer’s done in getting its operations running smoothly.

In the four-and-a-half years with Blair Turnbull in charge, the general insurer’s share price surged 150%, gross written premium climbed 55%, its management expense ratio is down by a quarter and shareholders are in...


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