Incorporating 'Stars and Ocean' into Insurance Policies: Commercial Space Insurance Steps Up Its Pace
2 day ago / Read about 0 minute
Author:小编   

At the 2026 China International Fair for Trade in Services (CIFTIS), which was held recently, a strategic cooperation agreement was jointly signed by insurance companies, satellite in-orbit data monitoring firms, space risk assessment bodies, and insurance brokerage companies. This move officially marked the establishment of the nation's first commercial space satellite insurance ecosystem, characterized by 'Space Data Infrastructure AOE + In-Orbit Risk Assessment.' Industry experts highlighted that this collaborative framework effectively bridges the gaps in safeguarding the in-orbit operations of domestic commercial satellites. In this year's government work report, aerospace was, for the first time, designated as an emerging pillar industry, with a specific focus on expediting the development of satellite internet. As the industry sets its sights on the 'stars and ocean,' the pace and robustness of enhancing the risk assurance system have emerged as pivotal factors in bolstering the industry's sustainable competitiveness.