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UK nuclear insurers provide certainty to support decarbonisation : Regulation & Safety

The UK nuclear insurance pool has expanded its capacity to EUR1.2 billion (USD1.4 billion), which will provide the "insurance certainty" to allow the nuclear sector to support the net zero transition, London-based Nuclear Risk Insurers said yesterday. It has finalised its position on covering the extensions of liability created as part of the 2004 Protocol Amendment to the Paris Convention which comes into force on 1 January 2022.

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