Aon-COFCO Hosts First-Ever International Nuclear Insurance Forum in China

Forum highlights evolution of nuclear risk management in Asia in 2013

BEIJING, CHINA, December 10, 2013 – Aon-COFCO, the China arm of Aon plc (NYSE:AON), the leading global provider of risk management and human resource consulting and outsourcing, recently hosted the first-ever international Nuclear Insurance Forum in China. The forum focused on major nuclear industry participants sharing their experience in risk management, insurance, loss control and safety. A broad range of speakers included China General Nuclear Power Group (CGN), Korea Hydro and Nuclear Power (KHNP), China Nuclear Insurance Pool (CNIP), Nuclear Industry Reinsurance Association (NIRA), Overseas Nuclear Electric Insurance Limited (ONEIL), French Nuclear Industry Association (G.I.I.N.), Aon, AIG and Pinsent Masons. “Unlike Europe and the Americas, Asia’s nuclear industry is in expansionary mode. Only with greater understanding of global nuclear industry best practices is it possible for Asia to continuously improve approaches to nuclear risk management, insurance, safety and loss control,” said Brian DeBruin, Regional Director for Construction, Power & Infrastructure for North Asia, Aon Risk Solutions. “This forum provided a unique opportunity to meet face-to-face with the industry’s international peers, hear about their experiences, and share best practices.”

“This forum also provided a message to the world that sharing international best practices with respect to nuclear safety, risk management, insurance, loss control, and fire prevention are of utmost importance in China. We believe in thought leadership and the importance of the nuclear industry in China taking the initiative to open up, share and learn from its peers worldwide while driving transparency on the world stage.” Brian added.

Over 70 delegates registered to the Nuclear Insurance Forum at The Peninsula Hotel, which included local and international nuclear power companies, contractors, equipment suppliers, and consultancy companies. The forum sought to dispel stereotypical assumptions that the nuclear industry is insular and closed by opening up the industry’s risk management side to focused discussion and inquiry.