China News Service, Beijing, April 1 (Reporter Xia Bin) The "Hualong No. 1" demonstration project was recently completed. The optimal plan for the third generation of nuclear power contributed to the world is of great significance to China's leap from a nuclear power country to a nuclear power power.
It is reported that the two units of Fuqing Nuclear Power Plant No. 5 and No. 6 are the global demonstration project of "Hualong No. 1", with an annual power generation capacity of nearly 20 billion kWh after completion.
A reporter from Chinanews.com learned on the 4th that during the operation period of the "Hualong No. 1" project, the China Nuclear Insurance Community of which China Re Property & Casualty is the executive agency comprehensively analyzed the design concept and risk characteristics of China's independent third-generation nuclear power technology, and formulated reasonable underwriting conditions. Integrating domestic insurance and global nuclear insurance market underwriting capabilities to provide more than 13 billion yuan of nuclear risk protection for the project, ensuring the smooth issuance of the world's first "Hualong No. 1" nuclear insurance policy.
During the construction period of the "Hualong No. 1" project, China Re Property & Casualty provided reinsurance support of about 3 billion yuan for the project, providing comprehensive protection for natural disasters, accidents and third-party liability risks faced by the project, covering up to nearly The seven-year construction and installation period of the main project.
The "14th Five-Year Plan" clearly states that "actively and orderly promote the construction of coastal third-generation nuclear power", which indicates that China's nuclear power development is in a period of important strategic opportunities.
Reinsurance has become an important means of risk protection in the nuclear industry by virtue of the unique attribute of global risk dispersion.
Among the insurance guarantees for China's nuclear power projects, China Re P&C provides reinsurance support for the vast majority of construction projects, and provides nuclear risk protection for all operational projects under the mechanism of the China Nuclear Insurance Community.
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