If SpaceX Rockets Are To Be Reused, They’ll Need Insurance First

Friday, June 10th, 2016 Excess & Surplus Lines

The company is looking to use their technology more than once and is preparing to recover them for re-launch. Now that it has been shown that SpaceX rockets are able to make landings on a consistent basis, they are now looking to insurance underwriters to make it possible to be able to reuse those devices for the launch of commercial satellites. The insurance industry will need to be heavily involved in this process in order to manage the financial implications. Over the next week or two, the Hawthorn space company will be addressing international and domestic insurance underwriters with regards to the progress being made with SpaceX rockets and their plans for reuse.

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http://www.liveinsurancenews.com/spacex-rockets-reused-theyll-need-insurance-first/

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