...providing manufacturing, pre-launch, launch and in-orbit coverage At the time of that first space insurance policy, there were no space brokers, no space insurers and precious little space industry, so the policy was placed with the existing aviation...
...existing regime sufficient, or should there be some ‘legal incentives’ for IOS to develop and for insurers to participate? Natural allies? Space insurance has existed as an industry since the launch of the first commercial satellites in the mid-1960s...
...geomagnetic storm can be generated. Three main types of space weather events are typically recognised: radio blackouts, solar ... most extreme cases, geomagnetic storms can hamper space activities and satellite tracking, high frequency radio propagation...
... being intentionally de-orbited. NASA has serviced the Hubble Space Telescope five times during the space telescope’s 25-year lifetime The salvage clauses in most space insurance policies do not predict a scenario in which a servicing mission...
... are more frequent and data has been accumulated, rate swings are reducing, but to some extent space insurance is still in its infancy. Investment fund There needs, therefore, to be some financial as well as legislative incentive for prospective...
...5 ECA launch – although both managed to recover themselves. Space insurance required Moreover, mistakes can still happen - even to the...failure of Soyuz MS-10), resulting in a net loss for space insurers - as the gross premium income of around US$450 ...