Tower (TWR)•HY22•Released 26 May 2022NPAT fell 74.8% on large events while underlying profit rose 6.4%Weather-event claims drove Pacific Islands into a $2.3m loss and pre-lease FCF below normal; Tower held FY22 underlying NPAT guidance.Published 23 April 2026Read briefing→
Heartland Group Holdings (HGH)•HY22•Released 22 February 2022NPAT +7.7% as lending growth lifts borrowings 32.6%Underlying earnings progress is modest and clean, but a NZ$449m step-up in borrowings and deeply negative operating cash define the period.Published 22 April 2026Read briefing→
Tower (TWR)•FY21•Released 24 November 2021Combined ratio rose to 91.4% on weaker underwritingUnderwriting profit fell to $28.7m from $36.7m as large-event claims and a higher loss ratio offset modest premium growth.Published 23 April 2026Read briefing→
Tower (TWR)•HY21•Released 26 May 2021Combined ratio rose 4.9pp to 90.3% as large events drove underwriting lowerUnderwriting profit fell to $16.2m from $22.9m, yet Tower restarted dividends on a 309% solvency margin.Published 23 April 2026Read briefing→