Insurance

Tower gets A-

Tuesday 19th of September 2006
Other companies to see an upgrade are Tower Australia and PrefSure Life. Previously they all had a BBB+ rating.

S&P has also raised the counterparty credit ratings on the group’s holding companies, Tower, Tower Financial Services Group, and Tower Group (Australia) from BBB- to BBB. The outlook on all ratings has been revised to stable from positive.

“The rating upgrades on the operating...

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