Nuclear Diplomacy and Disarmament

Nuclear plants insured

  1. News: India’s first insurance policy covering public liability to an atomic power plant operator has been issued to Nuclear Power Corporation of India Ltd (NPCIL)
  2. The insurance policy was issued by the country’s largest non-life insurer New India Assurance Company Ltd
  3. The total was around Rs 100 crore for a risk cover of Rs 1,500 crore
  4. Background: The Central government had announced the setting up of the Rs 1,500-crore India Nuclear Insurance Pool to be managed by national reinsurer GIC Re
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