Tower Group restatement News

A day after Tower Group International Ltd. disclosed “substantial doubt about the company’s ability to continue as a going concern,” the insurer’s CEO issued a letter seeking to reassure business partners that it will meet its obligations, Carrier Management has …

Tower Group International Ltd. announced Nov. 14 that it is restating previously filed audited annual consolidated financial statements for 2011 and 2012, which are contained in Tower’s March 31, 2013 10-K annual report for 2012. Such financial statements “should no …