GE, Westinghouse keen to take nuclear insurance from Rs 1,500-crore pool“We are seeing interest from global nuclear suppliers to buy the policy to cover their liabilities,” said Alice Vaidyan, chairman and manag...
12 Jun, 2017, 12.38 AM IST
First Nuclear Liability Policy issued to push private investmentThe policy was the missing link from the set of requirements for getting private investment in nuclear power by Manmohan Singh - led govern...
27 May, 2016, 11.31 AM IST
Concerns about nuclear liability act 'unwarranted': Jitendra SinghHe said to address these concerns the government has launched an insurance pool to the tune of Rs 1,500 crore, which is mandatory under the...
15 Oct, 2015, 04.30 PM IST
GIC Re eyes Rs 100-crore premium from nuclear pool this fiscalThe sole national reinsurer GIC Re is hopeful of collecting Rs 100 crore premium from the recently launched nuclear insurance pool this fin...
29 Jul, 2015, 07.16 PM IST
General Insurance Corporatio Re ropes in UK's Nuclear Risk Insurers for nuclear poolNRI will provide reinsurance support of Rs 500 crore, replacing the funding that the government had planned to contribute.
16 Jun, 2015, 11.05 AM IST
Government sets up Rs 1,500 crore nuclear insurance poolGovernment launches insurance pool to tune of Rs 1,500 crore which is mandatory under CLND in bid to offset financial burden of foreign nuc...
13 Jun, 2015, 08.51 PM IST
GIC Re ropes in UK's Nuclear Risk Insurers for nuke poolGIC Re, India’s national reinsurer has succeeded in roping in a foreign player- Nuclear Risk Insurers to launch its Rs 1500 cr Nuclear Insu...
13 Jun, 2015, 08.43 PM IST
Government to contribute Rs 600 crore to nuclear poolThe government would contribute Rs 600 crore to the proposed Rs 1,500-crore nuclear insurance pool that will be launched by Atomic Energy C...
10 Jun, 2015, 09.41 PM IST
US reactor suppliers must be cognizant of cost effectiveness: India's Deputy AmbassadorUS atomic reactor suppliers should be cognizant of "cost competitiveness" when they set up power plants in India, a top Indian diplomat has...
05 Jun, 2015, 04.47 PM IST
Nuclear insurance pool: Foreign firms interested to pitch in, says GICWith the Indian nuclear insurance pool falling short by Rs 600 crore towards becoming operational, some foreign companies have shown intere...
17 May, 2015, 07.23 PM IST
- Parliamentary panel asks govt to extend sovereign guarantee for N-power insurance pool
In a report presented in Parliament today, the Committee on Public Undertakings urged the Department of Atomic Energy (DAE) to pursue the m...
28 Apr, 2015, 09.23 PM IST
Government may hike share in nuclear insurance poolEarlier the government had promised to contribute Rs 750 crore to the Rs 1,500 crore nuclear insurance pool, which was officially launched ...
08 Apr, 2015, 02.00 AM IST
Nuclear pool: Private sector insurers chip in with Rs 100 croreThe total size of the nuclear pool, which was officially kicked off from April 1, is Rs 1,500 crore and half of this will be contributed by...
05 Apr, 2015, 01.37 PM IST
Rs 1,500 crore insurance pool to indemnify Nuclear Reactor suppliersThe govt has made it clear that liability law will not be amended, but has suggested the Indian Nuclear Insurance Pool as a mechanism to tr...
21 Mar, 2015, 10.46 AM IST
Govt to form Nuclear Insurance Pool to address liability issueUnder the Liability Law, compensation of upto Rs 1500 crore will have to be paid in case of a mishap involving a nuclear plant.
20 Apr, 2014, 06.42 PM IST
- India may have to look abroad for N-cover
Domestic insurers have said they can insure only a fourth of the $320 million liability cover mandated by the government for nuclear plant ...
14 Dec, 2011, 09.06 AM IST
- Global insurance cos shy away after Japan disaster
NPC & General Insurance find it tough to go ahead with the plan as global insurance cos stay away citing financial risks, post Japan catast...
25 Mar, 2011, 07.27 AM IST