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News 2026-10-07 01:06 UTC

Tower Gets New Bull as Forsyth Barr Likes Leverage to Pricing Recovery

Forsyth Barr has initiated coverage on Tower with a "bull" rating, expressing increased confidence in the general insurer's partnership-led growth strategy and its ability to benefit from a recovery in pricing. The firm also highlighted Tower's upgraded FY26 underlying net profit outlook, which is now 23% above the mid