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Tower (ASX:TWR) Unpaid Loss & Loss Reserve : A$42.6 Mil (As of Mar. 2024)


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What is Tower Unpaid Loss & Loss Reserve?

Tower's annual unpaid loss & loss reserve declined from Sep. 2021 (A$118.0 Mil) to Sep. 2022 (A$110.5 Mil) but then increased from Sep. 2022 (A$110.5 Mil) to Sep. 2023 (A$222.0 Mil).


Tower Unpaid Loss & Loss Reserve Historical Data

The historical data trend for Tower's Unpaid Loss & Loss Reserve 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.

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Tower Unpaid Loss & Loss Reserve Chart

Tower Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Unpaid Loss & Loss Reserve
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.48 99.42 118.02 110.46 222.05

Tower Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Unpaid Loss & Loss Reserve 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 126.76 110.46 368.55 222.05 42.62

Tower Unpaid Loss & Loss Reserve Calculation

The fund insurance companies set aside for the loss that has not be paid or possible losses in the future.


Tower (ASX:TWR) Business Description

Industry
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.

Tower (ASX:TWR) Headlines

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