NRI Annual Review 2024 - Flipbook - Page 22
AREAS OF WORK
We are proud of our
reputation as the
sector leader. NRI’s
capacity, security and
creditworthiness are of
the very highest quality
in the global nuclear
insurance market.
Our expertise in solving
complex nuclear sector risk issues,
combined with the strength of
our business, gives our customers
the ultimate protection. Lloyd’s
and the companies that make
up NRI’s membership have
some of the strongest capacity
and insurance ratings globally,
providing con昀椀dence and peace
of mind.
NRI’s underwriters and nuclear
engineers are globally renowned
experts and recognised leaders,
providing our customers with
specialist support and advice
across the civil nuclear fuel cycle.
Our global
portfolio of
products for
the sector
Transportation
Nuclear installations
Construction
NRI provides physical assets
and 昀椀nancial loss protection
for all elements of the nuclear
fuel cycle, outside of mining,
including generation, new build,
decommissioning, chemical
processing, uranium enrichment,
waste storage and disposal,
reprocessing, fuel fabrication
and transit.
Our cover for nuclear property
includes property damage,
machinery breakdown, business
interruption and terrorism.
Liability
In compliance with international
nuclear liability conventions and
national nuclear liability laws,
NRI insures conventional and
nonconventional nuclear thirdparty liability. We also provide
protection for nuclear transit
liability and construction liability.
Claims
NRI provides con昀椀dence that
people, society and businesses
are protected with our worldclass claims solution. NRI has
developed a catastrophe claims
process that aligns with an
immediate emergency response
to quickly compensate those with
valid claims and then move into
the recovery phase.
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In compliance with international
nuclear liability conventions and
national nuclear liability laws,
NRI provides protection for
nuclear transit liability.
NRI’s construction cover includes
scope for all nuclear construction
projects, including fuel
enrichment, reactor new build,
refurbishment, waste handling
and decommissioning.
With sector-leading insurance
capacity and the ability to
insure cover extensions, such
as decontamination costs and
nuclear fuel elements, NRI
provides tailored solutions for
construction projects where a
nuclear exposure already exists,
as well as multi-section policies
with nuclear and conventional
coverage for refurbishment risks.
Other
NRI is open to considering any
new nuclear risk that cannot
be accommodated by the
conventional insurance market.
Please get in touch to discuss
your needs.
