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India: GIC Re, public sector insurers discuss nuclear insurance pool

May 1, 2014 - 6:00am


India's four public sector general insurers and the country's lone reinsurer General Insurance Corp. of India are discussing details related to formation of a nuclear insurance pool, reported The Hindu Business Line.

The insurers recently discussed with GIC Re officials matters related to contributions from them, an official from one of the insurers said. Talks on a pool to cover nuclear facilities had been stuck as no agreement was reached on plant inspections, but this issue is now being discussed, The Hindu Business Line reports.

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