The issue of SPS insurance was addressed in a study performed by an aerospace insurance broker. The objective was to identify perceived SPS insurance risks, and how the insurance industry would respond. SPS poses many exposures to risk, due to potential financial losses from extensive launch and space construction activities, and from liability to third parties. Insurance underwriters have shown a willingness to insure aerospace risks as the industry develops. The study therefore concluded that insurance could be provided to minimize exposure to certain SPS risks during pre-operational and operational phases. Such insurance could result from continuing liaison with the insurance underwriting industry, through compilation of risk and actuarial data on the SPS and aerospace insurance premiums.
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