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Tower (ASX:TWR) voluntarily refunds $7.2M: ASX secures 6th week of gains

05 Jun 2020 – The Australian share market made a comeback this afternoon to finish 0.1 per cent higher today, falling just short of the 6,000 point level. The market was buoyed by a strong performance from the Financials sector. New Zealand Insurance Company, Tower (ASX:TWR) is refunding customers to the tune of $7.2 million due to the lower cost of car claims during the covid lock down period.

Source: Finance News Network

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