November 2021
Space insurance and the future of risk management
... underwriter of an Airbus A380 policy would rarely be interested in the design of its power or propulsion system, a typical satellite insurer is interested in the type of solar array and battery employed and keen to know whether it uses bipropellant...
February 2021
In-orbit servicing and insurance – a marriage of convenience?
... IS-901 to service in its designated position in GEO on 2 April 2020. Left: One of the leading satellite insurers, Swiss Re, left the space insurance market last year due to losses. Risk analysis IOS is no longer an extravagant fantasy of rich...
March 2015
On-orbit satellite servicing, insurance and lessons of Palapa B2 and Westar 6
... whole produces about $700 million in premiums per year. There are about 25-30 insured launches annually; a typical launch will be insured for $300 million. Satellite insurance policies are carefully tailored to align with the overall risk management...
April 2025
Spacecraft anomalies and insurance losses
... = 0.625 (i.e. a 62.5 percent loss of capability). The trend in the annual insurance loss rate fell until 2018, then flattened out before rising again Although most satellite insurance is more complicated than this and policy wordings include more...
August 2016
National legislation provides incentives for private business
... undertakings found outside the UK’s space law, including zero per cent corporate tax and no insurance premium tax for satellite insurances. Consequently, it is worth mentioning that these benefits can de facto amount to considerable incentives for...
