Indian Nuclear Insurance Pool (INIP)


  • Indian Nuclear Insurance Pool (INIP) of 1,500 crore rupees was launched as per the mandatory provision under the Civil Liability for Nuclear Damage Act (CLND), 2010.
  • The pool provides capacity for insurance coverage to operators and suppliers for any nuclear liability towards third party.
  • INIP also will offer policies on the nuclear operator’s liability insurance policy and a nuclear suppliers’ special contingency (against right to recourse) insurance policy.
  • It will also address third-party liability insurance and later expand into property and other hot zone i.e. inside reactor areas risk.
  • At present, it only covers cold zones (outside reactor areas).
  • It will also provide the risk transfer mechanism to the operators and suppliers to meet their obligations under the CLND Act, 2010.



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