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Space Weather Web Server |
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Cost and Insurance Aspects
| Numerous insurance companies provide capacity
for the ground aspects of space risks (during Assembly, integration
and test phases). A smaller number of companies provide capacity
during the transport (to and from launch site) and launch
campaign phases. For the phases that follow the intentional ignition of a launch vehicle, the market is composed of roughly 12 leading insurers (i.e. insurers able to study a risk and provide a quotation for it) worldwide, and roughly 30 "followers" (insurers that will provide capacity behind a leader). |
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Some of the main leaders in Europe are: GENERALI (Italy), AGF ( France), MARHAM (Lloyds - UK), ......
Due to the fact that
- on a given risk, you will never find a single insurer but a co- insurance, and
- given the complexity of the insurance policies to set up,
Capacity per event is defined as the maximum amount of insurance that an insurer is theoretically able to provide on a given event (launch or in orbit life of one satellite)
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