Nuclear insurance risk assessment using risk-based methodology

Conference · Tue Dec 31 23:00:00 EST 1991 · Transactions of the American Nuclear Society; (United States)

OSTI ID:6964313

Wendland, W G ^[1]

---

1. American Nuclear Insurers, Farmington, CT (United States)

This paper presents American Nuclear Insurers' (ANI's) and Mutual Atomic Energy Liability Underwriters' (MAELU's) process and experience for conducting nuclear insurance risk assessments using a risk-based methodology. The process is primarily qualitative and uses traditional insurance risk assessment methods and an approach developed under the auspices of the American Society of Mechanical Engineers (ASME) in which ANI/MAELU is an active sponsor. This process assists ANI's technical resources in identifying where to look for insurance risk in an industry in which insurance exposure tends to be dynamic and nonactuarial. The process is an evolving one that also seeks to minimize the impact on insureds while maintaining a mutually agreeable risk tolerance.

• OSTI ID: 6964313
• Report Number(s): CONF-920606--
• Journal Information: Transactions of the American Nuclear Society; (United States), Journal Name: Transactions of the American Nuclear Society; (United States) Vol. 65; ISSN TANSA; ISSN 0003-018X
• Country of Publication: United States
• Language: English

Related Subjects

22 GENERAL STUDIES OF NUCLEAR REACTORS
220901* -- Nuclear Reactor Technology-- Reactor Safety-- Accident Liability
DECISION MAKING
ECONOMICS
FIRES
INSPECTION
INSURANCE
LIABILITIES
MANAGEMENT
NUCLEAR FACILITIES
NUCLEAR INSURANCE
NUCLEAR POWER PLANTS
POWER PLANTS
PROBABILISTIC ESTIMATION
REACTOR COMPONENTS
REGULATIONS
RELIABILITY
RISK ASSESSMENT
THERMAL POWER PLANTS