ML18108A121

American Nuclear Insurers - Notification of Change in the Number of Power Reactors in the Secondary Financial Protection (SFP) Program

ML18108A121
Person / Time
Site:	Fort Calhoun
Issue date:	04/11/2018
From:	Uricchio G S American Nuclear Insurers
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
Download: ML18108A121 (1)

Text

April 11, 2018 UNDERWRITING DEPARTMENT Gary S. Uricchio, CPCU, Senior Vice President MEMORANDUM TO OPERATING POWER REACTOR RISK MANAGERS AND THEIR BROKERS Notification of Change in the Number of Power Reactors in the Secondary Financial Protection (SFP) Program Further to my memorandum of May 12, 2016, we have been advised that the Nuclear Regulatory Commission has granted Omaha Public Power District an exemption on April 7, 2018 to remove the Fort Calhoun Nuclear Power Station from the Secondary Financial Protection (SFP) program.

Per the requ~st of O~~ha pu)Jli~,

P.ow~r Di~tric~,

Arne{i_c.~~

Nu:~J:ar; Insure~~

ha.s c~ncelled the Fort Calhoun Station cert1f1cate, under the SFP.:Master.

Pqhcy effective the same. date. As a result of this, the total number of participants in the SFP program has been reduced from 102 to 101. The total amount of financial protection available for a nuclear incident is now $13,309,092,750*

which is determined as follows:

' {; Primary Limit: $450,000,000

., . ;' 'ofus t *, '*.;, .Total Amount available

~nder the SFP Program:

$12,859,092, 750**

• Does not include any additional funds from foreign Convention on Supplementary Compensation for Nuclear Damage (CSC) Contracting Sta.tes .. . . ., . .* ~-*' . **Maximum retrospective premium is $127,317,750 per reactor which includes the 5% additional assessment pursuant to 42 U.S.C.A.

§ 2210(o)(1)(E).

$127,317,750 x 101 reactors=

$12,859,092,750.

If you have any questions, please don't hesitate to cpnta~t:me or your account underwriter

. . . ) *.* Regards,

/ 1/ *.I"->.' _v.v~:-:. Gary S. Uncch10, CPCU ,, .. Senior Vice President, Underwriting i/"c: Nuclear Regulatory Commission

-Document Control ( :1 " ) < ; :* ' .~* ;.' .* * *1 , 1-.;. ' .* ,": ' .. : !'_: ; '.. \ ** American Nuclear Insurers Ill! 85 Glastonbury

.Blvd., ~uite 300

• Glastonbury, CT 0603cl4453

. , guricchio@nucl~arinsurance.com

• • ~oice: (860) ~82-fo01*

Ext.224 *, F!=i~: [860) 6.58-0002

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