Statistical Review of Nuclear Power Accidents

Hofert, Marius ; Wüthrich, Mario V.

In: Asia-Pacific Journal of Risk and Insurance, 2012, vol. 7, no. 1, p. -

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    Summary
    A statistical analysis which provides a risk assessment of nuclear safety based on historical data is conducted. Classical probabilistic models from risk theory are used to analyze data on nuclear power accidents from 1952 to 2011. Findings are that the severities of nuclear power accidents should be modeled with an infinite mean model and, thus, cannot be insured by an unlimited cover