Cross Waivers, MPL and Indemnification: How Launch Contracts Allocate Catastrophe
Everyone bears their own losses regardless of fault. Above that sit three tiers of third party protection, one of which has never…
Topic
Insurance
Space Insurance Explained: How a $650 Million Market Prices Risk in Orbit
One bad year in 2023 wiped out several good ones and pushed the five year margin negative for the first time since…
Commercial Space7 min read
7 min
Cross Waivers, MPL and Indemnification: How Launch Contracts Allocate Catastrophe
Everyone bears their own losses regardless of fault. Above that sit three tiers of third party protection, one of which has never actually been funded.
Commercial Space7 min read
7 min
Space Insurance Explained: How a $650 Million Market Prices Risk in Orbit
One bad year in 2023 wiped out several good ones and pushed the five year margin negative for the first time since 2001. What that means…