21 Aug '11, 11am

Nuclear risk insurance « BraveNewClimate: It is often said by the anti-nuclearists that the commercial nuclear e...

Nuclear risk insurance « BraveNewClimate: It is often said by the anti-nuclearists that the commercial nuclear e...

NRI’s capacity comes from eight insurance companies and 16 Lloyds syndicates, and it represents the largest single block of risk transfer insurance capacity in the world, at more than 400 million British pounds. It also reinsures other nuclear energy industry insurance pools worldwide. It covers risks including property, industrial risk in all parts of the nuclear fuel cycle, such as the nuclear fuel handling and radioactive waste management industries, construction work on nuclear energy sites and transport liabilities. The role of the commercial insurance and actuarial sectors in understanding and underwriting the risks associated with the commercial nuclear energy industry is discussed at greater length in 2008 issue three of Market magazine, the industry journal of Lloyds of London.

Full article: http://bravenewclimate.com/2011/08/21/nuclear-risk-insura...

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