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Nuclear Risk Insurers (NRI) features in a new London Market Group report, ‘No Insurance, No Sustainable Future: How Insurance Unlocks the Growth of Green Projects’, which highlights the role of insurance in safeguarding innovative green projects across sectors, such as international property and clean energy. With the London Market being ‘a global epicentre for insurance’, we are […]
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Nuclear energy has been thrust into the spotlight recently, as more countries and companies transition to net zero technologies. The growing demand for nuclear capacity and what that means for nuclear risk insurance has been a focal point of this year’s annual review. From SMR/AMR technology updates, to solving the 30-years liability conundrum and NRI’s […]
This festive period our colleague, Rebecca Milton, will once again be raising awareness for The Royal Marsden cancer charity, as part of their Celebrate a Life campaign. It’s a campaign and charity close to Rebecca’s heart, having tragically lost her partner in April 2019. Rebecca’s partner, Simon, was diagnosed with Sarcoma in 2018. Initially it […]
Nuclear Risk Insurer’s chairman, Dr Tim Stone CBE, has written an insightful opinion piece for The Telegraph, entitled “Why Britain does not have a nuclear fleet to rival France” in relation to the current energy security crises taking place all over Europe. “Today, we have a system prone to excess: one that relies on too […]
Nuclear Risk Insurers (NRI), the lead reinsuring pool to the Ukraine Nuclear Insurance Pool (UNIP), renewed the nuclear third-party liability policy for Energoatom, the Ukrainian nuclear power operator, on 29 July 2022. The cover renewed is for three of the Energoatom nuclear power plant (NPP) sites at Rivne, Khmelnytska and Yuzhnoukrainsk, which are all within the direct control and oversight […]
On 14 July, NRI hosted the Radiate Nuclear Network’s first face-to-face event since pre-Covid, in which Network members were left enriched by Burges Salmon partner Ian Truman, one of the country’s top nuclear law experts, who delivered a presentation on the Revised Paris Convention 2004 and its implementation and application, both in the United Kingdom […]
On the weekend of 9 and 10 July, Joe, who works in our Underwriting team, and two of his good friends competed in the inaugural Snowdon24 endurance trail race, a 24-hour ultramarathon, representing Team Summit Mentality in their maiden competitive endurance event. The three runners managed to summit Yr Wyddfa nine times as a team within the […]
NRI and its predecessor, the British Insurance (Atomic Energy) Committee (BIAEC), have been supporting Imperial College London with nuclear insurance for many years. Our first policy was created in 1958, just two years after BIAEC’s formation, which coincided with the commercial operation of Calder Hall, the first civil nuclear power plant in the UK in 1956. […]