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Tower Group International, Ltd. Reports First Quarter 2013 Results
05/08/13
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First Quarterly Results Since Merger with Canopius Holdings Bermuda
Limited
Gross Premiums Written and Managed of $550.4 Million
Operating Income of $25.9 Million; Operating EPS of $0.56
Book Value per Share of $20.85; Tower Stockholders' Equity ...
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Tower Group International, Ltd. to Hold First Quarter Conference Call on May 9, 2013
04/24/13
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HAMILTON, Bermuda--(BUSINESS WIRE)--
Tower Group International, Ltd. (Nasdaq: TWGP) announced today that it
plans to release first quarter 2013 financial results on Wednesday, May
8, 2013, after the market close. Tower will host a conference call to
discuss these results on Thursday, May 9, 2013, at 9:00 a.m. Eas...
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Company Profile for Tower Group International, Ltd.
03/15/13
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Tower Group International, Ltd. is a Bermuda-based global specialty
insurance holding company. Tower has 58,447,239 common shares
outstanding as of March 14, 2013 and is listed on the NASDAQ Global
Select Market under the symbol TWGP. Tower's insurance subsidiaries are
focused on providing commercial, personal an...
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Tower Group Announces Closing of Merger with Canopius Holdings Bermuda Limited and Trading of Tower Group International, Ltd. Common Shares on March 14, 2013
03/13/13
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NEW YORK--(BUSINESS WIRE)--
First graph, fifth sentence of release has been replaced and now reads:
It is expected that the opening price of Tower Ltd. common shares, which
will have a new CUSIP number of G8988C105, will be based on the closing
price of Tower Group, Inc. on March 13, 2013, adjusted to account for...
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Tower Group Announces Stock Conversion Number for Pending Merger with Canopius Holdings Bermuda Limited
03/08/13
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. ( NASDAQ:TWGP ) has been informed by Canopius Group
Limited ("CGL") that in conjunction with the pending merger between
Canopius Holdings Bermuda Limited ("Canopius Bermuda") and Tower, CGL
has priced on March 6, 2013 its private sale of 100% of the shares of
...
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Tower Group Reports Fourth Quarter and Full Year 2012 Results
02/25/13
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (NASDAQ: TWGP) today reported fourth quarter 2012 net
loss attributable to common shareholders of $52.1 million or ($1.36) per
share, compared to fourth quarter 2011 net income attributable to common
shareholders of $25.3 million or $0.64 per diluted share. For the fu...
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Tower Group, Inc. Provides Updated Estimate of Superstorm Sandy Impact
02/12/13
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Announces Earnings Release and Conference Call Dates for Fourth
Quarter and Year-End Financial Results
NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (Nasdaq: TWGP) announced today that it plans to
release its fourth quarter and year-end 2012 financial results on Monday
February 25, ...
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Tower Group Appoints Investor Relations Head
01/18/13
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (TWGP) announced today that Bernard J. Kilkelly has
joined the company as Managing Vice President, Investor Relations. Mr.
Kilkelly joins Tower after serving since 2001 as Vice President,
Investor Relations for Delphi Financial Group, Inc., a specialty
insura...
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Tower Group Provides Update on Merger Status and Announces Filing of 2012 Form 10-Q/As
01/16/13
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NEW YORK--(BUSINESS WIRE)--
Tower Group announced today that it has received all required insurance
regulatory approvals for its merger agreement with Canopius Holdings
Bermuda Limited (CHBL). Tower Group also announced today that it is
restating its reports issued on Form 10-Q for the periods ended March
...
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Tower Group Announces Significant Support of 2013 Underwriting Year at Lloyd's
12/19/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. ("Tower") (Nasdaq: TWGP) announced today its support
of more than £200m ($325m) projected gross written premiums at Lloyd's
for the 2013 year of account. This is a significant step in Tower's
strategy to develop its presence in the Lloyd's market.
...
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Tower Provides Update on Merger Status
12/07/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. announced today that it now expects the consummation
of its previously announced merger with Canopius Holdings Bermuda
Limited to occur in the first quarter of 2013. Tower's preliminary proxy
materials continue to be under review by the Securities and Exchange
...
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Tower Group, Inc. to Present at 2012 FBR Fall Investor Conference
11/15/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (NASDAQ: TWGP) announced that it will participate in
the 2012 FBR Fall Investor Conference in New York City on Tuesday,
November 27, 2012 at 12:50 p.m. Eastern Time. Representing Tower will be
Michael H. Lee, President and Chief Executive Officer, and Bill
Hi...
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Tower Group Reports Third Quarter Results
11/07/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (NASDAQ: TWGP) today reported third quarter 2012 net
income attributable to common shareholders of $21.6 million, or $0.56
per diluted share. Net loss attributable to common shareholders in the
third quarter of 2011 was $16.4 million, or ($0.40) per diluted share.
...
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Tower Group, Inc. Announces Earnings Release and Conference Call Dates for Third Quarter Financial Results
10/11/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (Nasdaq: TWGP) announced today that it plans to
release its third quarter financial results on Wednesday, November 7,
2012, after the market close. Tower will also host a conference call and
webcast to discuss these results on Thursday, November 8, 2012 at 9:00
...
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Tower Group, Inc. to Present at Barclays Global Financial Services Conference
09/06/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (NASDAQ: TWGP) announced that it will participate in
the Barclays Global Financial Services Conference in New York City on
Monday, September 10, 2012 at 3:30 p.m. Eastern Time. Representing Tower
will be Bill Hitselberger, Executive Vice President and Chief Financial
...
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Tower Group, Inc. to Present at Keefe, Bruyette & Woods Insurance Conference
08/27/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (NASDAQ: TWGP) announced that it will participate in
the Keefe, Bruyette & Woods Insurance Conference in New York City on
Wednesday, September 5, 2012 at 9:30 a.m. Eastern Time. Representing
Tower will be Michael H. Lee, President and Chief Executive Officer, and
...
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Tower Closes on Investment in Canopius Group, Ltd.
08/22/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (Tower) (NASDAQ: TWGP) announced today that it has
consummated its $75 million investment in Canopius Group, Ltd.
(Canopius), a privately owned Lloyd's of London insurance holding
company domiciled in Guernsey, Channel Islands. Canopius's principal
business i...
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Tower Group Reports Second Quarter Results
08/06/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (NASDAQ: TWGP) today reported a net loss attributable
to common shareholders in the second quarter of 2012 of $15.1 million,
or ($0.39) per diluted share. Net income attributable to common
shareholders in the second quarter of 2011 was $24.1 million, or $0.58
...
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Tower Group, Inc. Announces Execution of Merger Agreement with Canopius Holdings Bermuda Limited and Estimate of Second Quarter Operating Results Including Reserve Adjustment
07/30/12
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (NASDAQ: TWGP-News) today announced that it has
exercised its previously announced option to combine with Canopius
Holdings Bermuda Limited and Canopius Bermuda Limited (together,
"Canopius Bermuda"), the Bermuda reinsurance business currently operated
by Can...
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Tower Group Announces Strategic Investment in Cinium Financial Services Corporation
06/14/12
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18.0 KB |
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NEW YORK--(BUSINESS WIRE)--
Tower Group, Inc. (Tower) announced today that it has invested $7
million in 8.5% convertible senior notes due 2026 of Cinium Financial
Services Corporation (Cinium), a privately owned holding company
focusing on providing surety insurance and related products and
services. Th...
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