March 14, 2011 / 6:58 PM / 9 years ago

Japan nuke policies exclude quake, tsunami-source

NEW YORK, March 14 (Reuters) - Insurance policies on nuclear plants in Japan exclude coverage for property damage or liabilities caused by earthquakes or tsunamis, a person familiar with the situation said on Monday.

Those exclusions would apply to Tokyo Electric Power Co Inc’s (9501.T) Fukushima reactors, which were damaged in last Friday’s record temblor. (Reporting by Ben Berkowitz, editing by Gerald E. McCormick)

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