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

VIDEO UKRAINE RIOTS.MP4

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

Original article

forinsurer.com/news/14/03/27/30708

March 31, 2014 - Posted by | Uncategorized

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