23–24 Jun 2022
ESA/ESOC
Europe/Amsterdam timezone

How insurance companies address collision risk in space

24 Jun 2022, 10:54
12m
ESA/ESOC

ESA/ESOC

Robert-Bosch-Straße 5, 64293 Darmstadt

Speaker

Chris Kunstadter

Description

Space insurance is a critical enabler of innovation and investment in space. With the growing population of active and derelict satellites, spent rocket bodies, fragmentation objects, and lethal non-trackable debris, insurers need to be able to determine and characterize the risk of collision, particularly in low earth orbit. Through collaboration with industry on analytical tools, active participation in industry organizations, and engagement with policymakers and regulators, AXA XL is leading the space insurance market in promoting space and responsible space activity. This session will explore the ways that space insurers assess collision risk in orbit and quantify the financial exposures – both insured and uninsured – that could be at risk from a collision in various orbital regimes.

Primary author

Presentation materials