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Suncorp disappointed by NZ Commerce Commission decision on Tower

26 July 2017

Suncorp Group Limited today said it was disappointed that the New Zealand Commerce Commission had declined the application of Vero Insurance New Zealand Limited to acquire Tower Limited.

Vero and Tower enter into Scheme Implementation Agreement

27 June 2017

Suncorp Group and Tower Limited today announced that Vero Insurance New Zealand Limited (a wholly-owned subsidiary of Suncorp) and Tower have entered into a Scheme Implementation Agreement whereby it is proposed that Vero will acquire all of Tower’s ordinary shares it does not currently own by way of a Scheme of Arrangement.

Suncorp update on proposed Tower Limited acquisition

26 June 2017

Suncorp Group Limited today provided an update on the proposed acquisition by its wholly owned subsidiary, Vero Insurance New Zealand Limited of outstanding shares in Tower Limited.

Suncorp New Zealand launches inaugural Business Success Index and asks… “Is bigger really best?”

21 June 2017

A Suncorp New Zealand survey of New Zealand businesses has revealed that their view of success is not defined by growth - challenging the theory that bigger is best.

Suncorp New Zealand returns to Christchurch CBD

10 April 2017

Suncorp New Zealand, whose brands include Vero Insurance and Asteron Life, will take space in the new Te Urutī building at 48 Hereford Street, which has been developed by Ngai Tahu Property.

Suncorp New Zealand welcomes Campbell Mitchell as head of Customer Experience

21 March 2017

Suncorp New Zealand is delighted to welcome Campbell Mitchell as Executive General Manager Customer Experience. 

Suncorp New Zealand confirms 19.99% shareholding in Tower Limited

15 March 2017

Suncorp New Zealand confirms that Vero Insurance New Zealand Limited (a wholly owned subsidiary of Suncorp Group Limited) has increased its shareholding in Tower Limited (Tower) to 19.99%. 

Suncorp New Zealand update on proposed acquisition of Tower Limited

3 March 2017

Suncorp New Zealand today announced that it had made an application for clearance under s66 of the Commerce Act in respect of its proposed acquisition of Tower Limited (Tower).

Suncorp New Zealand acquires 11.14% of ordinary shares in Tower Limited in New Zealand

22 February 2017

Suncorp Group Limited (Suncorp) today announced that its wholly owned subsidiary, Vero Insurance New Zealand Limited (Vero NZ), had successfully acquired 11.14% of the ordinary shares in Tower Limited in New Zealand (Tower), and is standing in the market to acquire up to 19.9% of the shares in Tower.

Suncorp New Zealand announces 2017 half year results

9 February 2017

Suncorp Group Limited today reported net profit after tax (NPAT) of A$537 million for the six months to 31 December 2016. 

Suncorp New Zealand sale of Autosure business

22 November 2016

Suncorp New Zealand today announced the sale of the majority of its Autosure motor insurance business to Turners Limited, and the start of a new corporate partnership with Turners.

Vero ready to help customers affected by today’s earthquakes

14 November 2016

If your property has been damaged by the quakes, here are a few things we recommend you do to stay safe and get things sorted.

Vero wins Intermediated Insurance Company of the Year at 2016 ANZIIF Awards

11 November 2016

Vero Insurance was awarded Intermediated Insurance Company of the Year at the 5th annual New Zealand Insurance Industry Awards.

Suncorp New Zealand brands announced as finalists at the 2016 New Zealand Insurance Industry Awards

16 September 2016

Asteron Life and Vero named as finalists for Life Insurer and Intermediated Insurer of the Year.

Suncorp announces 2016 full year results

4 August 2016

Suncorp New Zealand is well positioned to deliver on its strategy to build resilience, capacity and a market place to meet New Zealanders’ needs.

Media team:
Tony Reid
027 405 1174
Lisa Meiklejohn 
027 404 4355