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As personal, commercial and municipal demand for telecommunications, navigation and entertainment continues, there is an increasing need for substantial redevelopments to the existing network worldwide. This has driven significant growth in satellite insurance in recent years.
At Tokio Marine Kiln we can provide property and liability insurance coverage at all stages of satellite deployment:
- Transport, storage and pre-launch
- Property insurance covering launch, commissioning, in-orbit life and de-orbiting
- Launch, in-orbit and de-orbiting third-party liability
Our maximum line size is USD26m for property risks and up to USD100m for third party liability perils. We also write USD130m on an excess basis.
Tokio Marine Kiln’s space underwriters write business from our service company in France.