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United Kingdom · Question · Written question

UIN 104267

Nuclear Power: Insurance

answeredUnited Kingdom· UK Parliament· EN

Introduced

6 December 2022

Last action

13 December 2022 · Answer

Status

Answered

Sponsors

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Subjects

Nuclear energy

Source updated

13 December 2022

Nuclear energy

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, how his Department will (a) calculate and (b) apply an economic charge for an indemnity to cover increased personal injury liabilities for the 10-to-30-year period of liability un

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Timeline

  1. 6 December 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, how his Department will (a) calculate and (b) apply an economic charge for an indemnity to cover increased personal injury liabilities for the 10-to-30-year period of liability un

    Source: Commons

  2. 13 December 2022

    Answer

    The Government has agreed to provide a targeted and limited indemnity, for an economic charge to cover a current gap in the insurance market. The economic charge is calculated by considering a number of factors including risk, claims cost, type of nuclear...

    Source: Written answer

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