nuclear risks


Nuclear liability ILS deals renewed, as investor commits again

A significant institutional investor has again committed to supporting nuclear liability risks in insurance-linked securities (ILS) form, with the renewal of two deals covering risks of corporate nuclear power operators in a format considered akin to a private catastrophe bond. These private nuclear liability risk insurance-linked securities (ILS) transactions first came read the full article →

ILS capacity can support nuclear third-party liability risks: EC study

A European Commission study looking at the insurability of nuclear third-party liability risks (NTPL) and availability of capacity to support them, found that insurance-linked securities (ILS) market capital would be available, under the right structures and terms. The European Commission study on nuclear third-party liability risks was undertaken during 2018-19 and read the full article →

Nuclear liability risk ILS transactions upsized for 2018

Private nuclear liability risk insurance-linked securities (ILS) transactions have been expanded and upsized for 2018, Artemis understands, as corporate nuclear power operators show increasing comfort with tapping ILS markets for direct insurance coverage. These nuclear liability ILS deals were seen as ground-breaking, when details first emerged last year. These transactions are relatively read the full article →

Nuclear liability risks ILS deal transacted on a direct insurance basis

Artemis understands from sources that a ground breaking insurance-linked security (ILS) transaction has been completed featuring nuclear plant liability risks that were transferred direct to an investor in a private cat bond-like format. We’re told that the arrangement featured an ILS investor working directly with owners of nuclear power plants, entering read the full article →