Insight and Intelligence on the Global Facultative Markets

5 February 2012

Nuclear boom for fac…

14 June 2010

The facultative market could be set to benefit from changes to internationally agreed limits for nuclear liability cover, which will increase the current limits for operators' liability for nuclear power plants from EUR210mn to EUR700mn, Inside FAC understands.

The current situation regarding third-party liabilities for nuclear power plants is complicated, as exact regulations differ according to geography, with cover in many countries provided by a variety of pooled associations.

In the UK, for example, the third-party liability limit is £140mn...

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