Who Insures Nuclear Power Operations?

The adoption of nuclear power presents both substantial opportunities and formidable challenges, with insurance coverage being one of the biggest hurdles. The two companies I can find that provide insurance pools for nuclear operations are Nuclear Electric Insurance Limited (NEIL) and American Nuclear Insurers (ANI), and they handle different types of insurance in the nuclear sector.

🔹 NEIL | Nuclear property insurance and loss prevention services

Covers physical damage (such as fires or accidents) and offers insurance capacity of up to $2.75B for nuclear events and $2.25B for non-nuclear events. NEIL insures every operating nuclear generating plant in the U.S., Belgium, and Spain, and holds significant placements in Canada, the U.K., France, Sweden, and more.

🔹 ANI | Nuclear liability insurance

The sole provider of nuclear liability insurance in the U.S., ANI operates under the Price-Anderson Act, which outlines compensation for nuclear incidents. In 2025, the average annual premium for a single-unit reactor site is $1.1M, with discounts applied to additional reactors at the same site. The average site premium is about $1.5M.