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Description:
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In light of this increasing significance, this book offers the first in-depth coverage, both practical and theoretical, of space insurance from an international law perspective. What's in this book: Attending throughout to the important and problematic distinction between the space segment (upstream) and the ground segment (downstream) in space law, this book deals comprehensively with such issues and topics as the following: the main hazards relating to space activities; the impact of new space technologies on the level of risk and insurance; the differing types of risks attributable to various entities in the context of insurable interest; aspects of the space risk allocation regimes and risk assessment; the impact of the five 'space treaties' - the Outer Space Treaty, the Liability Convention, the Rescue Agreement, the Registration Convention, and the Moon Agreement - on the subject and scope of insurance coverage; the advent of suborbital flight, commercial human space flight, and space tourism in the context of emerging insurance risks; the problem of space debris; contractual aspects of space activities affecting the space insurance risks; basic notions such as 'outer space', 'space object' in the context of space activities and related insurance coverage; basic insurance principles and their operation in the space insurance; the adjustment of losses and the settlement of disputes in space insurance.
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