Tower insurer to adjust premiums based on sea surge and landslide risk
Wednesday 20 August 2025 · 2 outlets · 2 reports · updated In this story ACC
NZX-listed insurer Tower is implementing a new pricing model to account for risks from sea surges and landslides. While most of the company's 150,000 customers will see lower costs, approximately 15,000 policyholders face higher premiums, and some homes may no longer be covered.