Ukraine: Energoatom gets cover for nuclear liability limited to a staggering 1.6 billion dollars

March 28, 2014
Ukrainian nuclear energy operator Energoatom has bought cover for its nuclear liabilities from INGO Ukraine Insurance Co. for 1.7 million Ukrainian hryvnia ($153,068) and 5.07 million Special Drawing Rights, Forinsurer reported citing Interfax.
The operator has four nuclear power plants in Zaporizhzhya , South Ukrainian , Rivne and Khmelnitsky stations with 15 generating units equipped with water-cooled power reactors and total installed electrical capacity of 13,835 MW, Forinsurer added.
Google translation of full article
“Energoatom ” identified insurance company ” INGO Ukraine ” (Kyiv ) for signing a contract for liability insurance for nuclear damage.
As reported in the disclosure of information about the tender purchases , acceptance took place on March 27.
Price accepted the offer of 1,629 million USD. and 5.07 million Special Drawing Rights ( SDRs).
“Energoatom” is the operator of all four operating nuclear power plants in Ukraine. Operates Zaporizhzhya , South Ukrainian , Rivne and Khmelnitsky stations with 15 generating units equipped with water-cooled power reactors with a total installed electrical capacity of 13,835 MW.
ASK ” INGO Ukraine ” since 1994 . Part of an international insurance group “Ingo ” and a member of the Ukrainian Nuclear Insurance Pool . | Inerfaks Ukraine
Forinshurer – Insurance Journal forinsurer.com
http://www.businessinsurance.com/article/20140328/NEWS09/140329824
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