HC Deb 13 February 1996 vol 271 cc537-8W
Dr. Lynne Jones

To ask the President of the Board of Trade (1) what account is taken of the level of commercial insurance in setting the nuclear industry's level of liability in respect of a nuclear accident; and what account is taken of inflation; [14560]

(2) at what intervals reviews are conducted on the level of nuclear industry liability in respect of a nuclear accident; and when the next review is planned to take place. [14561]

Mr. Eggar

My Department keeps the level of insurance required to be held by nuclear operators under review. There are no formal review intervals. The most recent increase was in April 1994. The key considerations were to meet the internationally agreed target limit for parties to the Paris convention and the level of commercial insurance then available. There has been no significant change in insurance capacity since that time.