CGN's 33 in-operation nuclear power units achieve RMB-denominated pricing and settlement for operational period insurance
On September 10, the "CGN In-Service Nuclear Power Plant Operational Period Insurance Project Co-Insurance Agreement" was signed in Shenzhen. The agreement achieves RMB-denominated pricing and settlement for major types of nuclear power plant operational period insurance, changing the convention of China's nuclear insurance market's over thirty years of primarily relying on foreign currency transactions. Nuclear insurance is an important type of insurance for ensuring the safe and stable operation of nuclear power units. Due to the enormous insured amount of a single policy, it typically requires joint underwriting by hundreds of insurance companies both domestically and internationally, and is regarded by the insurance industry as one of the most special and complex types of insurance. Since China's first nuclear power plant operational insurance policy——the Daya Bay Nuclear Power Plant operational insurance policy——was issued in 1993, China's nuclear power industry has long followed mature foreign models...
2026-09-11
