NEIL is incorporated under the laws of Bermuda, has its place of business in Wilmington, Delaware and is a registered insurer in Bermuda and Delaware. The Company insures electric utilities for damages to insured sites, decontamination expenses incurred at such sites arising from nuclear contamination, other risks of direct physical loss at such sites, certain premature decommissioning costs, and the costs associated with certain long-term interruptions of electricity supply.
Nuclear power is vital to ensuring the clean energy needs of tomorrow. NEIL’s Mission is to enable nuclear power through our commitment to:
Financial Strength – Maintain resources to cover two policy limit losses
Our Members – Delivering value by providing sustainable, cost effective and comprehensive insurance coverage to our Members
Self Determination – Developing superior solutions hand in hand with our Members