1980 Solar Power Satellite Program Review

SATELLITE POWER SYSTEM: INITIAL INSURANCE EVALUATION William Lloyd Marsh and McLennon, Inc. If realized, the Satellite Power System will present a substantial economic risk to the International Agency or Consortium managing its development and use. The solution to unavoidable economic risk is insurance. Insurance has been written for the in-orbit performance of satellite systems, including launch. An insurance evaluation of the SPS, both in its in-orbit and ground aspects is presented. The history of spacecraft insurance, the prime economic risks foreseen for the SPS, and the proportion of these risks the world insurance market might be willing to underwrite are considered.

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