 |
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>
|
 |
