Satellite Insurance Faces a Changing Landscape

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Although space insurance has historically been integral to innovation, growth, and investment throughout the space enterprise, multiple indicators of future supply and demand point to a likely changed and potentially diminished role of insurers in the commercial space business in the long term. To remain viable in the changing space landscape, insurance companies must gradually adjust capacity to match demand for insurance to avoid sudden spikes in premiums, which could provide an incentive for satellite operators to self-insure.

Author: Lindsay Chaney (ret.)