Falling satellite insurance premiums put market at risk of major upheaval
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| 001 | MAP20120009257 | ||
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| 005 | 20120307112944.0 | ||
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| 245 | 0 | 0 | $aFalling satellite insurance premiums put market at risk of major upheaval$cBy Peter B. de Selding |
| 520 | $aThe price of insuring a commercial satellite's launch and first year in orbit has dropped by around 50 percent in the past six years and has left the market vulnerable to a violent shock that could occur with just one launch failure, insurance underwriters said. For insurers, the nightmare scenario is the failure of Europe's Ariane 5 rocket, which unlike competing vehicles typically carries two satellites at a time into orbit. On at least three occasions in the past three years, Ariane 5 launches have carried satellites whose combined insurance coverage is $750 million, according to figures compiled by XL Insurance of New York. Given that total insurance premiums for the global space insurance market do not exceed $1 billion, the failure would wipe out 75 percent of the year's premium income in a single stroke | ||
| 650 | 1 | $0MAPA20080573874$aSeguro espacial | |
| 650 | 1 | $0MAPA20080606589$aIndustria aeroespacial | |
| 650 | 1 | $0MAPA20080592127$aNavegación espacial | |
| 650 | 1 | $0MAPA20080586294$aMercado de seguros | |
| 773 | 0 | $tSpace News .- Springfield : Space News International$g2 March, 2012 ; 2 p. |