The Columbia Space Shuttle Tragedy: Third-Party Liability Implications for the Insurance of Space Losses |
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Authors: | Piotr Manikowski |
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Institution: | Piotr Manikowski is with the PoznańUniversity of Economics, Insurance Department, al. Niepodleglosci 10, 60-967 Poznań, Poland (e-mail: ). This article was subject to anonymous peer review. |
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Abstract: | Space flights are no longer rare events, but the commonplace is not necessarily safe. When disaster strikes, as in the Columbia Space Shuttle disaster of 2003, third parties as well as those directly involved are financially affected. This article considers how these issues are treated under international law. It also analyzes what products the insurance markets offer as protection against such third-party liabilities. |
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