Photo: RNZ / Dan Cook
Insurer Tower has increased its full year underlying profit guidance to more than $45 million.
Tower said efforts to address vehicle thefts, as well as improved weather conditions had improved business-as-usual claims.
The company's previous guidance for the year ending September was for more than $40m in early June.
It said gross written premium growth was expected to be at the top-end, or exceed guidance of between 10 and 15 percent.
The absence of any unforeseen events would see underlying profit growth of $32m.