|
The People's Insurance Company of China (PICC) has issued a policy worth 15 billion yuan (US$1.9 billion) covering the third-phase project of Qinshan Nuclear Power Station in east China's Zhejiang Province.
The policy covers material property damage to the station and harm to people and property nearby.
The third-phase Qinshan Nuclear Power Station is a key project in China and the biggest cooperative project between China and Canada.
Experts said the policy indicated PICC's advanced position in China's nuclear insurance market.
(Xinhua News Agency July 27, 2002)
|
