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Application of ANI Guideline 07-01

AMERICAN. NUCLEAR. INSURERS. Philadelphia, PA June 2007. “ RETS – REMP WORKSHOP 2007”. Application of ANI Guideline 07-01. William Wendland, P.E. American Nuclear Insurers Glastonbury, Connecticut USA. “RETS – REMP 2007". AMERICAN. NUCLEAR. INSURERS. Risk.

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Application of ANI Guideline 07-01

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  1. AMERICAN NUCLEAR INSURERS Philadelphia, PA June 2007 “ RETS – REMP WORKSHOP 2007” Application of ANI Guideline 07-01 William Wendland, P.E. American Nuclear Insurers Glastonbury, Connecticut USA

  2. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS Risk • Term is all inclusive, many components • Biological • Radiological • Financial • Corporate Liability • Others

  3. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS Nuclear Liability Insurance Risk • $300 Million US Provided to Each US NPP Site • Protection Covers Operators & Suppliers Against Bodily Injury or Property Damage Caused by Nuclear Hazard • Losses Can Be Catastrophic or Non-Catastrophic • Claims Defense Costs Can Be Major Portion of Claim

  4. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS Nuclear Liability Insurance Risk (Effluent Releases) • Increased Public Awareness of NPP Effluent Releases & Perception of Personal Risk • Public does not differentiate between Isotope of Cobalt and Tritium • 1 atom Co-60 ~ 1 atom of Tritium (perception) • NPP Releases Cause Harm ! (Perception)

  5. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS Nuclear Liability Insurance Risk • Recent Global Risk Management Experience – Compliance with Applicable Jurisdictional Regulations does not always offer protection from future environmental liabilities • Facilities Can Mitigate Excessive Claims Defense Costs Through Evidence of Due Care and Proper Operation

  6. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS ANI Guideline 07-01 (“Potential for Unmonitored & Unplanned Off-Site Releases of Radioactive Material”) • Fuel Pool Integrity • Sumps • GW Intrusion into Structures • Storage Tanks • Pipe Integrity

  7. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS ANI Guideline 07-01 • Drinking Water • Storm Drains • Settling Ponds • Sanitary Sewage • On-Site Landfills • Ground Water Monitoring Program

  8. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS Experience • Underground Piping Breaches • Pond Liner Leaks • Above ground tank & SFP leaks • On and Off-Site GW Contaminations

  9. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS Experience • Many sites installed wells to monitor for leaks to groundwater at ANI request. • ANI Recommendations Underwriting Adjustments • Wells provided indication of piping, pond, tank or SFP integrity breaches

  10. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS Recent Industry Experience • Recent Industry Experience • Challenging Public Confidence

  11. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS ANI Response Nuclear Liability Insurance Inspections Increased Attention in Select Areas

  12. “RETS – REMP 2007" AMERICAN NUCLEAR INSURERS Summary • ANI Supports the elements of the Industry Initiative and looks forward to successful implementation.

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