Nuclear insurance group won't renew Fukushima plant's liability insurance


  • Nuclear insurance group won't renew Fukushima plant's liability insurance

    The Japan Atomic Energy Insurance Pool has decided not to renew the Fukushima No. 1 Nuclear Power Plant's insurance contract when it expires in January next year, it has been learned.

    The pool, a group formed by 23 nonlife insurance companies to provide nuclear power plant-related liability insurance, judged that the risks from the plant are still high, even though the nuclear disaster triggered by the March 11 earthquake and tsunami is gradually being brought under control.

    webmasters comment:

    LoL. What is this? the risks from the plant are still high... even though....is gradually being brought under control...

    These spin doctors are cracking me up.

    1st thing these companies asked Tepco was, " What would you like to insure exactly?"

    Source: mdn.mainichi.jp