Egypt – Need for nuclear insurance
Tuesday, 01 16 2018, Category: Insurance and Reinsurance, Country: Egypt
The Dabaa nuclear power plant represents a new opportunity for insurance companies operating in Egypt in order to expand business and boost their expertise in insuring nuclear power plants.
Although there were previous plans to insure nuclear facilities in Egypt, the Dabaa power plant is the first effective project to produce peaceful nuclear energy compared to the previous projects that only included nuclear research.
Moreover, the insurance companies started amending the nuclear insurance pool in the Insurance Federation of Egypt and are communicating with international companies in order to take advantage of nuclear insurance expertise.
Source: Al Borsa