Markel and Willis create a facility dedicated to nuclear insurance

Markel and Willis create a facility dedicated to nuclear insurance

Insurer Markel International and brokerage Willis have established what they describe as the first insurance facility dedicated to the nuclear sector, offering end-to-end capacity throughout the life cycle of a project. The facility covers property damage and business interruption for both critical and conventional nuclear exposures, from construction to operation, with capacity available on a…

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Nuclear Stocks Sell Off After US Military Launches Microreactor Program

Nuclear Stocks Sell Off After US Military Launches Microreactor Program

The US nuclear sector has been in full swing in recent years, fueled by the global energy crisis, the clean energy revolution and the rise of artificial intelligence, even as global demand for electricity soars. Meanwhile, the uranium market is experiencing a structural supply shortfall, creating potential challenges for nuclear operators. Unlike many commodities, uranium…

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