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Turkey to set up nuclear insurance pool: reports

Turkey is to establish a nuclear insurance pool to offer EUR700mn ($829mn) of protection for the country's first nuclear power plants, located in Akkuyu and Sinop, according to reports

Catrin Shi, 30 November 2017
Opinion: EU outreach

David Davis might feel like he's spent the last five months locked in the European Commission's Berlaymont building expected to weave a model of Brussels' famous Atomium with his teeth

Laura Board, 30 November 2017
Insurers under scrutiny in Australian financial services probe

The Australian government is to commission an investigation into the financial services industry covering "alleged misconduct" at banks, wealth managers, pension funds and insurers.

Bernard Goyder, 30 November 2017
Senate tax reform plan moves to final debate

The Senate Republicans' tax reforms passed a major hurdle late yesterday with an agreement to move the proposals to a full vote of the chamber.

Ted Bunker, 30 November 2017
Chubb expects $280mn hit from California wildfires

Chubb has estimated California wildfires will cost it $280mn before taxes and net of reinsurance.

David Bull, 30 November 2017
Axis unit prices $350mn debt sale

An Axis Capital unit has priced a $350mn debt offering that is expected to close next week.

Ted Bunker, 30 November 2017
Guarantee moved into liquidation by Florida regulators

Guarantee Insurance, the workers’ compensation carrier that wrote business in more than half the US, is being liquidated by Florida authorities.

Ted Bunker, 30 November 2017
Genworth-Oceanwide deal deadline pushed back again

Genworth and China Oceanwide have agreed to extend a takeover deadline again from tomorrow to 1 April and provide a space to reformulate the proposed $2.7bn deal to meet any concerns from US federal regulators and overseers in China

Ted Bunker, 30 November 2017
Arch extends depositary share offering by $100mn

Arch is seeking to raise $100.6mn as it prices another round of depositary shares in a bid to generate funds to buy back preferred stock.

Dan Ascher, 30 November 2017
KBW recruits Deloitte London M&A trio

Investment bank Keefe, Bruyette & Woods (KBW) has hired a trio of M&A advisory bankers from Deloitte, The Insurance Insider understands.

Adam McNestrie, 29 November 2017

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