Stock Detail
TOWER GROUP INC
Indices SP 600
TWGP @ Yahoo Finance | TWGP Option @ Yahoo Finance
Last Day's Data
| Current Price | High | Value Change | Percent Change | Dividend | Previous Close |
|---|---|---|---|---|---|
| $21.57 | $22.11 | $-0.44 | -2.02% | 0.76 | $22.01 |
| Opening Price | Low | Volume | Market Cap | Average Volume | P/E |
| $21.84 | $21.54 | 165,809 | 860.16M | 330,898 | 10.74 |
Pivot Table
| R2 | R1 | Pivot | S1 | S2 |
| 22.31 | 21.94 | 21.74 | 21.37 | 21.17 |
Stock Profile
Tower Group, Inc. provides specialized property and casualty insurance products and services to small to mid-sized businesses and individuals in New York City and the adjacent areas of New York State. Tower Group operates in three segments: Insurance, Reinsurance, and Insurance Services. In Insurance segment, its insurance subsidiary, Tower Insurance Company of New York (TICNY) provides commercial and personal lines insurance policies to businesses and individuals. TICNY's commercial lines products include commercial multiple-peril, monoline general liability, commercial umbrella, monoline property, workers' compensation, and commercial automobile policies. It offers these services to businesses, such as retail and wholesale stores, grocery stores, restaurants, artisan contractors, and residential and commercial buildings. Its personal lines products consist of homeowners, dwelling, and other liability policies. In Reinsurance segment, TICNY assumes reinsurance directly from the insurance companies for which its insurance service subsidiary, Tower Risk Management Corporation (TRM) produces insurance premiums or indirectly from reinsurers that provide reinsurance coverage directly to these companies. In Insurance Services segment, TRM provides general underwriting, claims administration, and reinsurance intermediary services. The company was founded by Michael H. Lee in 1990 and is based in New York City.