From a lonely outpost, underwriter Assure Space warns of satellite collision risk

by Peter B. de Selding

PARIS — Satellite insurance underwriter Assure Space’s Richard Parker knew he was throwing a snowball at the Sun this year in announcing he would no longer cover satellite collision risk in low Earth orbit.

Several months later, the snowball’s status is about as expected.

“Have people been receptive to it? They are not receptive to it,” Parker, the company's divisional president, said in a June 17 space insurance webinar hosted by Access.Space. “They can go to any other insurer and if they . . .

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