RISK INSURANCE IN THE SPACE INDUSTRY

Abstract

At present, special attention is paid to insurance of all kinds of risks, including in the space industry. in the space sector insurance covers the period of the implementation of space-related activities from design to create space objects until the completion of their work in orbit. Risk insurance in the space sector is a relatively new activity. Currently, each space project is unique and requires a careful analysis of the risks inherent in it, which leads to the development of an integrated approach to insurance. Insurance space activities support the development of the space industry, as is the indemnity upon the occurrence of accidental adverse events. Insurance allows enterprises to comprehensively manage the risks arising from normal course of business, and contribute to the implementation of uninterrupted production cycle.Article is written in the area ofrisk insurance specialists and can also be useful in the field of innovation management.