Monday, April 6, 2015

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Nuclear pool: Private sector insurers chip in with Rs 100 crore

MUMBAI: Private sector general insurers Reliance General, ICICI Lombard and Universal Sompo, among others, have committed around Rs 100 crore as their contribution towards the Rs 1,500-crore nuclear insurance pool so far, which is being managed by GIC Re. The 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 the four state-owned non-life insurers and the...
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