Aspen on Nuclear Crisis: No “Known Exposure”
Bermuda-based re/insurer Aspen Insurance Holdings Ltd said it does not have “any known exposure to property damage, business interruption or liability for any nuclear incidents arising from the Tohoku Earthquake.”
A statement issued by the company said, “The tragic loss of life and extent of devastation continues to unfold following the earthquake and tsunami that struck the North Eastern Coast of Japan on March 11, 2011.”
“The Company has initiated its estimation process in connection with expected claims relating to this event but believes it is too early to issue a loss estimate at this time.”
“However, the Company does not have any known exposure to property damage, business interruption or liability for any nuclear incidents arising from the Tohoku Earthquake.
