Membership

Criteria

To ensure that sufficient funds are available in the unlikely event of a nuclear accident, ANI has established membership criteria that has resulted in a financially strong membership with adequate liquidity in the event of an emergency.

In order to be considered for membership in the Association, a prospective member company must satisfy the following criteria:

  • A license to write Property or Casualty business in at least one jurisdiction in the United States;
  • An AM Best rating of “A-“ or better;
  • A policyholder surplus of at least $100 million; and
  • An unqualified, audited financial statements for the latest financial reporting period.

 

Membership is not automatic upon satisfying the above criteria.  All applications for membership are subject to approval by the Board of Directors.

Adherence to the membership criteria is an ongoing obligation upon becoming a member of ANI.  ANI audits the overall performance of all member companies annually to ensure the financial strength of the membership and that funds would be readily available in the unlikely event of a nuclear occurrence. Continued participation in ANI is subject to annual Board of Directors approval.

If you are a Property & Casualty insurer that is interested in learning more about membership in ANI, please complete our contact form and a representative from ANI will be in touch.