NU Online News Service, March 22, 3:04 p.m. EDT
The disaster following the tsunami that hit the Fukushima Daiichi nuclear power plant in Japan should not create a reduction in insurance capacity for such plants, but it is too early to know if the incident will result in increased pricing, according to JLT Global Nuclear Practice Group.
The unit of London-based insurance broker Jardine Lloyd Thompson Group adds that while the Japan event's impact on the insurance market pricing is uncertain, the political effects will be to slow the nuclear renaissance.
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