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American Nuclear Insurers

ANI is a joint underwriting association, an organization created by some of the largest stock insurance companies in the United States.  Its purpose is to pool the financial assets pledged by these member companies to provide the significant amount of property and liability insurance they make available to nuclear power plants and related facilities throughout the world.
ANI's origins go back to 1957, when the United States Congress enacted the Price-Anderson Act as an amendment to the Atomic Energy Act of 1954. Its purpose was to encourage the commercial development of nuclear energy. To do this, the Act established a unique framework for handling potential liability claims that could arise in the event of a nuclear incident. This framework requires that the operators of nuclear power plants provide financial protection against liability for bodily injury or property damage caused by the nuclear energy hazard. The amount of financial protection required by the Act is equal to the maximum amount of liability insurance available from all private insurance sources.
At the same time, Congress encouraged the insurance industry to develop a way that power plant operators could meet their financial protection responsibilities. Insurers rose to the occasion by creating American Nuclear Insurers.
Today, much of the financial protection is provided by about 60 U.S. property & casualty insurance companies, who are members of ANI. They represent some of the largest insurers in the country. The total amount of funds pledged by these companies in support of their insurance is called capacity.  Capacity is also provided by about 30  re-insurers around the world, many of whom are they pools that underwrite nuclear risks in their own countries.

ANI is a joint underwriting association of approximately 50 member companies. Membership is open to any domestic property/casualty insurance company licensed to do business in one of the states or territories of the United States. The Company maintains certain minimum requirements to ensure safe and secure insurance capacity for their customers, which are available for viewing here.

Their liability coverage’s are designed to satisfy the requirements of the federal Price-Anderson Act, which established a framework for handling potential liability claims that could arise in the event of a nuclear incident.

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