Interview Series 9th October 2024
From the helm: Tower Ltd (ASX:TWR), CEO, Blair Turnbull
In this edition of our From the helm series, Bell Direct’s Grady Wulff speaks with Blair Turnbull, CEO of Tower (ASX:TWR)
Tower is a general insurance company that offers a range of services, including car, home, contents, travel, business, and boat insurance. With recent discussions surrounding insurance premiums driving earnings in a challenging market, Tower is well-positioned for growth.
To delve into the company’s performance and outlook, CEO Blair Turnbull joins the conversation. In this video, he covers:
- (0:34) an overview of Tower for investors who may not be familiar with the company
- (1:11) how insurance premiums have positively impacted Tower's earnings
- (2:52) highlights from Tower’s FY24 results, particularly related to a shortage of bad weather events
- (3:30) the reasons behind the recent upgrade in guidance for FY24
- (4:15) outcomes from the recent strategic review
- (4:50) what the next 12 months hold for Tower.
Note: This interview was recorded at the ASX Small to Mid-Cap Conference on 25 September 2024.