Liability Insurance for the Nuclear Energy Hazard

The process of thinking about liability insurance on nuclear energy exposures is helped considerably by bearing in mind that fundamentally most of this insurance is only an extension of lines that have been written by the companies for many years. The largest part consists of premises-operations and products liability exposures from the general liability line. The transportation of nuclear material brings in automobile, railroad, aircraft and marine exposures. It is also worth remembering that at this point in time the lighter and numerically common risks are still insured by the individual companies under normal liability insurance contracts. Only the more severe hazards are included mandatorially in the nuclear liability insurance pools in the United States and it seems likely that a similar pattern will appear abroad.