Maharashtra
India’s first Nuclear Suppliers’ insurance policy for Right to Recourse’ has been launched by India Nuclear Insurance Pool (INIP). It was unveiled by Atomic Energy Commission (AEC) chairman Sekhar Basu in Mumbai, Maharashtra. INIP is the 27th global nuclear insurance pool which was launched by state run General Insurance Corporation of India (GIC Re), in association with non-life insurance companies. Both New India Assurance Co (NIAC) and INIP will issue the policy and administer the claims on behalf of the pool.