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Five state-owned insurers in India would provide a capacity of 7.5 billion Indian rupees ($122.1 million) to the country's proposed nuclear risk pool, Business Standard reports.
The insurers are New India Assurance Co. Ltd., National Insurance Co. Ltd., Oriental Insurance Co. Ltd., United India Insurance Co. Ltd. and General Insurance Corp. of India.
The country's central government would provide the rest half of the pool's capacity.
The pool would "cover both operators and suppliers and will be functional as soon as the need arises," New India Assurance chairman G Srinivasan said.