Commercial space and launch insurance : current market and future outlook : fourth quarter 2002 Quarterly Launch Report
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2002-01-01
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Abstract:Since the last review of the space and launch insurance industry (see "Update of the Space and Launch Insurance Industry," 4th quarter,
1998 Quarterly Launch Report), many changes have occurred in the market. This report endeavors to examine the current market situation
and to explore what causes insurance market changes. We also examine how and why this market moves over time and discuss the future outlook for space insurance. The insurance market for the commercial
space transportation industry is a global one, with satellite owners, satellite manufacturers, launch services providers, insurance brokers,
underwriters, financial institutions, reinsurers, and government agents worldwide cooperating in order to coordinate an insurance package for any given commercial satellite launch.
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