> NO insurance company in the world will insure a nuclear power plant.
This is hardly a meaningful claim. Insurance companies in the US won't write flood insurance policies, either. This doesn't mean that your house is very likely to get washed away in a flood. It means that the business is not profitable because no one wants to pay the premiums required to insure for the worst-case, nor do insurance companies want to sit on the piles of cash necessary to insure these sorts of events.
As a counter-point, hydroelectric power plants are also not insured for worst-case scenarios. And when hydroelectric dams fail, the results can be orders of magnitude worse than Nuclear meltdown. e.g.: http://en.wikipedia.org/wiki/Banqiao_Dam
This is hardly a meaningful claim. Insurance companies in the US won't write flood insurance policies, either. This doesn't mean that your house is very likely to get washed away in a flood. It means that the business is not profitable because no one wants to pay the premiums required to insure for the worst-case, nor do insurance companies want to sit on the piles of cash necessary to insure these sorts of events.
As a counter-point, hydroelectric power plants are also not insured for worst-case scenarios. And when hydroelectric dams fail, the results can be orders of magnitude worse than Nuclear meltdown. e.g.: http://en.wikipedia.org/wiki/Banqiao_Dam