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Tower (ASX:TWR) Unearned Premiums : A$157.0 Mil (As of Mar. 2024)


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What is Tower Unearned Premiums?

Tower's quarterly unearned premiums increased from Mar. 2023 (A$230.7 Mil) to Sep. 2023 (A$251.8 Mil) but then declined from Sep. 2023 (A$251.8 Mil) to Mar. 2024 (A$157.0 Mil).

Tower's annual unearned premiums increased from Sep. 2021 (A$204.8 Mil) to Sep. 2022 (A$211.2 Mil) and increased from Sep. 2022 (A$211.2 Mil) to Sep. 2023 (A$251.8 Mil).


Tower Unearned Premiums Historical Data

The historical data trend for Tower's Unearned Premiums can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tower Unearned Premiums Chart

Tower Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Unearned Premiums
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174.86 187.72 204.79 211.21 251.80

Tower Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Unearned Premiums Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 206.00 211.21 230.66 251.80 157.04

Tower Unearned Premiums Calculation

The portion of premium that has not been earned by insurance companies. Insurance companies have to pay them back to the insured if the policies are cancelled.


Tower (ASX:TWR) Business Description

Traded in Other Exchanges
Address
136 Fanshawe Street, Level 5, PO Box 90347, Auckland, NTL, NZL, 1142
Tower Ltd is a general insurance company. The company provides insurance services namely car, house, contents, travel, business, boat insurance among others. The company has two geographical segments, New Zealand General Insurance, and Pacific Islands General Insurance. The company derives majority of its revenue from New Zealand segment.

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