13.09.2007 // Information Department of Leningrad NPP/Press service of AIB

During the forthcoming emergency training at Leningrad NPP insurance companies will practice mass insurance indemnity technology

On Sept 19–21 2007 Atomic Insurance Broker (AIB) and the leaders of the Russian Nuclear Insurance Pool (RNIP), SOGAZ and MAKC (Moscow Joint Stock Insurance Company) will take part in the complex emergency training at Leningrad NPP. AIB represents Rosenergoatom Concern at RNIP.

Every year Rosenergoatom, AIB and RNIP (a pool of 23 biggest insurance companies of Russia) make nuclear damage liability contracts, which say that in case of emergency evacuated people should be paid compensation within 3–7 days so as to be able to move to and settle down in other areas of Russia. 

Tens of thousands of people may be evacuated during the training. They will be taken to different areas. So, insurance companies need a technology of compensation. It may be different for different NPPs.

During this particular training, the participant insurance companies will test their compensation technologies and will practice interaction with one another and Rosenergoatom in case of accident.  

Note

The Federal State Unitary Enterprise “Russian State Concern for the Production of Electric and Thermal Energy at Nuclear Power Plants” (“Rosenergoatom” Concern) was set up in 1992 and operates 10 nuclear power plants in Russia.

Since Apr 1 2002 Leningrad Nuclear Power Plant has been the branch of Federal State Unitary Enterprise “Russian State Concern for Production of Electric and Thermal Power at Nuclear Power Plants” (Rosenergoatom Concern).

The plant has four units with RBMK-1000 reactors with a total capacity of 4000 MW. In 2006 the plant produced 23.178bln KWh.

AIB was set up on June 29 1995 and insures against nuclear risks. In the past 12 years the company has substantially grown. Today, AIB is the leader on the nuclear risk insurance market. It is known as en effective insurance broker providing complex insurance and reinsurance services.