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417029
registered interest false more like this
date remove maximum value filtermore like thismore than 2015-09-07
answering body
Department for Energy and Climate Change more like this
answering dept id 63 more like this
answering dept short name Energy and Climate Change more like this
answering dept sort name Energy and Climate Change more like this
hansard heading Hinkley Point B Power Station more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what assessment they have made of whether there is sufficient capacity in the nuclear insurance market to cover the expected level of investment in Hinkley Point B. more like this
tabling member printed
Lord Foulkes of Cumnock remove filter
uin HL1949 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2015-09-14more like thismore than 2015-09-14
answer text <p>The Government is in regular contact with the insurance market to discuss the provision of insurance for nuclear operators; this includes both general insurance and third party liabilities. At present there is predicted to be sufficient capacity in the market for planned nuclear power stations, including Hinkley Point C, although the availability of such insurance will always depend on the circumstances at the time. Government will continue to monitor the insurance market for capacity in this area and to encourage insurers to enter the nuclear insurance market.</p><p>The Government fully recognises the importance of promoting competition in insurance markets so that customers can get the best price possible. The Financial Conduct Authority and the Competition and Markets Authority between them ensure effective competition, and make sure markets work well for consumers, business and the economy.</p> more like this
answering member printed Lord Bourne of Aberystwyth more like this
grouped question UIN
HL1948 more like this
HL1950 more like this
question first answered
less than 2015-09-14T14:37:55.093Zmore like thisremove minimum value filter
answering member
4282
label Biography information for Lord Bourne of Aberystwyth more like this
tabling member
579
label Biography information for Lord Foulkes of Cumnock more like this