application of ani guideline 07-01 william wendland, p.e. american nuclear insurers glastonbury,...
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Application of ANI Guideline 07-01Application of ANI Guideline 07-01
William Wendland, P.E.
American Nuclear Insurers Glastonbury, Connecticut USA
Philadelphia, PA
June 2007
“ RETS – REMP WORKSHOP 2007”
AMERICANNUCLEARINSURERS
RiskRisk Term is all inclusive, many componentsTerm is all inclusive, many components
BiologicalBiological
RadiologicalRadiological
FinancialFinancial
Corporate LiabilityCorporate Liability
OthersOthers
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
Nuclear Liability Insurance Nuclear Liability Insurance RiskRisk
$300 Million US Provided to Each US NPP Site$300 Million US Provided to Each US NPP Site
Protection Covers Operators & Suppliers Against Protection Covers Operators & Suppliers Against
Bodily Injury or Property Damage Caused by Nuclear Bodily Injury or Property Damage Caused by Nuclear
HazardHazard
Losses Can Be Losses Can Be CatastrophicCatastrophic or or Non-CatastrophicNon-Catastrophic
Claims Defense Costs Can Be Major Portion of ClaimClaims Defense Costs Can Be Major Portion of Claim
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
Nuclear Liability Insurance Nuclear Liability Insurance Risk Risk (Effluent Releases)(Effluent Releases)
Increased Public Awareness of NPP Effluent Increased Public Awareness of NPP Effluent
Releases & Perception of Personal RiskReleases & Perception of Personal Risk
Public does not differentiate between Isotope of Public does not differentiate between Isotope of
Cobalt and Tritium Cobalt and Tritium
1 atom Co-60 ~ 1 atom of Tritium (perception)1 atom Co-60 ~ 1 atom of Tritium (perception)
NPP Releases Cause Harm ! (Perception)NPP Releases Cause Harm ! (Perception)
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
Nuclear Liability Nuclear Liability Insurance RiskInsurance Risk
Recent Global Risk Management Experience Recent Global Risk Management Experience – Compliance with Applicable Jurisdictional – Compliance with Applicable Jurisdictional Regulations does not always offer protection Regulations does not always offer protection from future environmental liabilitiesfrom future environmental liabilities
Facilities Can Mitigate Excessive Claims Facilities Can Mitigate Excessive Claims Defense Costs Through Evidence of Due Defense Costs Through Evidence of Due Care and Proper OperationCare and Proper Operation
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
ANI Guideline 07-01 ANI Guideline 07-01 (“Potential for (“Potential for Unmonitored & Unplanned Off-Site Releases Unmonitored & Unplanned Off-Site Releases of Radioactive Material”)of Radioactive Material”)
Fuel Pool IntegrityFuel Pool Integrity
SumpsSumps
GW Intrusion into StructuresGW Intrusion into Structures
Storage TanksStorage Tanks
Pipe IntegrityPipe Integrity
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
Drinking WaterDrinking Water
Storm DrainsStorm Drains
Settling PondsSettling Ponds
Sanitary SewageSanitary Sewage
On-Site LandfillsOn-Site Landfills
Ground Water Monitoring ProgramGround Water Monitoring Program
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
ANI Guideline 07-01 ANI Guideline 07-01
Underground Piping BreachesUnderground Piping Breaches
Pond Liner LeaksPond Liner Leaks
Above ground tank & SFP leaksAbove ground tank & SFP leaks
On and Off-Site GW ContaminationsOn and Off-Site GW Contaminations
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
ExperienceExperience
ExperienceExperience
Many sites installed wells to monitor for leaks to Many sites installed wells to monitor for leaks to groundwater at ANI request. groundwater at ANI request. • ANI Recommendations Underwriting AdjustmentsANI Recommendations Underwriting Adjustments
Wells provided indication of piping, pond, tank or Wells provided indication of piping, pond, tank or SFP integrity breachesSFP integrity breaches
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
Recent Industry Recent Industry ExperienceExperience
Recent Industry ExperienceRecent Industry Experience
Challenging Public ConfidenceChallenging Public Confidence
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
ANI ResponseANI Response
“RETS – REMP 2007"AMERICANNUCLEARINSURERS
Nuclear Liability Insurance InspectionsNuclear Liability Insurance Inspections
Increased Attention in Select AreasIncreased Attention in Select Areas
SummarySummary
ANI Supports the elements of the ANI Supports the elements of the Industry Initiative and looks forward Industry Initiative and looks forward to successful implementation.to successful implementation.
“RETS – REMP 2007"AMERICANNUCLEARINSURERS