Nuclear Power Plant Insured

Home>>Business

Last updated at: (Beijing Time) Saturday, June 29, 2002

Nuclear Power Plant Insured

DISCUSSION

CHINESE

SEND TO FRIEND

The Hangzhou branch of China's Ping'an Insurance Company issued a policy of more than 10 billion yuan (1.2 billion U.S. dollars) to the second-phase project of Qinshan Nuclear Power Station in east China's Zhejiang Province Friday.

Jiang Su, general manager of the Hangzhou branch, said that thepolicy covered material property damages to the station and harm to surrounding people and property.

Located in Haiyan County, the second-phase project of Qinshan Nuclear Power Station officially started commercial operation in mid-April.

Ping'an Insurance Company accounts for more than half of China's nuclear power insurance market, with its clients including nuclear power plants in Guangdong, Jiangsu and the first-phase project of Qinshan Nuclear Power Station.

The company reported a total of 46.46 billion yuan (5.6 billionU.S. dollars) in premium revenue in 2001, ranking second among China's insurance companies.

Questions?Comments? Click here

China's Nuclear Power Domestication onto a New Stage

China Making Progress in Producing Nuclear Power Equipment

China's First Domestically-Designed Nuclear Power Plant Operational

Englishman Hired as Chief Advisor of Yunnan Provincial Government ( 74 Messages)

Mysterious Pipes Left by "ET" Reported from Qinghai ( 8 Messages)

Premier Zhu Discusses Economic Issues with Experts ( 2 Messages)

Uncle Sam's Policy to Cross-Straits Ties against Its Own Interests ( 46 Messages)

China Strikes Hard on Drug Crimes ( 4 Messages)

China to Boost the Service Sector to Create More Jobs ( 7 Messages)