International Space Brokers Proprietary 1 Guillaume de Dinechin International Space Brokers 42, avenue de la Grande Armée Paris- France 

Slides:



Advertisements
Similar presentations
The Basel Protocol, Warsaw, Availability of insurance and other financial guarantees: coverage of the liability.
Advertisements

CASE STUDIES Client:Developer of former Manufactured Gas Utility Plant Property Problem:Developer bought contaminated former plant site to develop for.
Space Insurance: The New Frontier By Ryan Cox. What is an actuary? Business professional that analyzes statistics to: 1)Manage financial risk 2)Develop.
CLAIMS SETTLING WITHIN AND OUTSIDE THE EUROPEAN UNION.
Commercial Insurance: What Every GC Should Know Edwin L. Doernberger, Esq. Jeffrey J. Vita, Esq. Tuesday, October 7, 2008.
“Can I Be Sued for That?” Liability and Liability Insurance Trey Allen NC Emergency Management Association 2014 Spring Conference March 24, 2014.
1 16TH ECSL SUMMER COURSE ON SPACE LAW AND POLICY September 3rd-14th, 2007 Noordwijk, Wednesday 12th, 15 :30-16 :45 Lecture on : Risk management and insurance.
What about a future European Safety Act ? June 8, 2012 Noëlle Lenoir.
Chapter 3 INSURANCE BASICS ALL OF THE FOLLOWING ARE TORTS EXCEPT: A. ABSOLUTE LIABLITY B. NEGLIGENCE C. LEGAL WRONG D. ROBBERY.
THE INSURANCE POINT OF VIEW Sophie Moysan Aviation & Space Department MARSH SA PROJECT 2001 PLUS WORSHOP - “Towards a harmonized approach for National.
Definition of An Outing A Sierra Club outing is a sanctioned Sierra Club activity in which a significant component is to take participants into the out-of-doors.
Design Lease Contracting for Services IT/Security Medical IGA Special Events Providing Services.
“This workforce solution was funded by a grant awarded under Workforce Innovation in Regional Economic Development (WIRED) as implemented by the U.S. Department.
Products Liability and Insuring Protection ForanGlennonPalandechPonzi&Rudloff PC.
INTERNATIONAL AIR LAW CONFERENCE 85 ANNIVERSARY OF WARSAW CONVENTION 24 OCTOBER 2014.
Which legal regime for space transportation with regard to passengers? by Prof. Dr. Stephan Hobe LL.M. Director of the Institute of Air and Space Law University.
Launch & Space Liability Insurance Overview Presentation to COMSTAC
Commercial Space Launch Accidents: Who Pays? by Pamela Meredith Eighth Annual McGill Conference on International Aviation Liability & Insurance Montreal.
Regulating Space Tourism: impact on registration requirements and exposure to liability André FARAND, ESA Legal Department Cologne, Germany, 10 June 2005.
ARIANESPACE PROPRIETARY / PRIVILEGED PROJECT PLUS WORKSHOP 29/30 January 2004 Towards a harmonised approach for National Space laws in Europe CdP.
Purpose and modes of State indemnification Project 2001 Plus Towards an harmonised approach for Nations Space Legislation in Europe. Berlin, 29/30 January.
Risk Management at Oregon State University Presented by: Joyce K. Fred, Risk Officer MBA, MPA, ARM November 19, 2008.
Measure, Manage and Reduce Presented By: Rick Richardson 4-H Specialist Ag. & Natural Resources.
Introduction to Space Systems and Spacecraft Design Space Systems Design Legal Considerations For Mission Design.
By Ram S. Jakhu Associate Professor Institute of Air and Space Law McGill University 16 March Some Legal Aspects of Private Space Stations.
Risk Management Overview with Meg Tully, CAE Meg Tully, CAE Association Development Director.
Claims Adjusting Objectives Complying with contractual promise Achieving profit objective Collection of information Marketing Underwriting Actuarial Definitions.
Liability and Insurance Issues Theodore A. (Ted) Feitshans Extension Associate Professor Department of Agricultural & Resource Economics North Carolina.
Insurance Terms Business Essentials. Term Insurance An insurance policy that provides coverage for a limited period, the value payable only if a loss.
PEO Update 2005 AASCIF Legal Workshop George M. Parham Chief Legal Counsel Idaho State Insurance Fund.
© 2007 McGraw-Hill Higher Education. All rights reserved. Chapter 3: Legal Liability and Insurance.
Partial lesson 13 of 36 slides Insurance Policy.
Step up to Saxion. Course Introduction to International Business Law Lecture 2.
REQUIREMENTS WHEN RENTING YOUR FRATERNAL PROPERTY Cynthia Traynor Moose International Convention June 20, 2008 Las Vegas, Nevada.
Office of Commercial Space Transportation FAA/AST NASA Insurance Task Report Pam Underwood Technical Advisor Kennedy Space Center Operations Office May.
Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business Cargo Insurance.
Joint Venture Agreements. Joint Ventures Joint Venture (JV) : Two or more construction contractors jointly competing for a particular project pooling.
Personal Lines Policies Personal Auto Policy - ISO 1994 Personal Vehicle Manual - ISO 1994 Homeowners 3 Special Form - ISO 1990.
Rotary Certification Program Thomas Woods, Senior Coordinator, Youth Exchange Section, RI Programs.
SPACE Act of 2015 Dr. Sarah J. Nilsson, Esq. A 3 ir Conference January 2016.
Chapter 51 Insurance Law McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
RISK MANAGEMENT WORKING GROUP John Vinter International Space Brokers, Inc Wilson Boulevard, Suite 990 Rosslyn, Virginia Telephone: (703)
Rules of Participation in Framework Programme 7 Brussels Office Helmholtz Association of German Research Centres Rue du Trône 98 B-1050 Brüssel
HUNTER’s INSURANCE. THE LLOYD'S MARKET The Lloyd’s market is home to 94 syndicates, which offer an unrivalled concentration of specialist underwriting.
Federal Aviation Administration Federal Aviation Administration The Regulatory Role of the Federal Aviation Administration in Space Transportation With.
1 Session 1 Perspective for More National Space Legislation - Report of the Rapporteur - Dr. Michael Gerhard, DLR Project 2001 Plus Symposium, Cologne,
General Liability Insurance Tammy Hicks. Part 1: Liability Insurance Overview  What is Liability Insurance?  Who is covered under the Board’s Insurance.
1 EASTERN MUNICIPAL WATER DISTRICT Risk Management and Insurance Program Doug Hefley Director of Safety, Risk and Emergency Management June.
Torts: A Civil Wrong Chapter 18. The Idea of Liability Under criminal law, wrongs committed are called crimes. Under civil law, wrongs committed are called.
Incorporated in the Motor Tariff. Agreement between two insurers. Each insurer shall bear its own policyholder’s vehicle damage loss irrespective.
1 PMI Insurance Overview Name of Presenter, 18pt Regular DD Month YYYY.
Information day on EUROCONTROL Guidance Material on the application of Common Requirements for Service Provision LIABILITY AND INSURANCE ISSUES Nathalie.
IGA Assistance Program and Law Enforcement Joint Dispatch IGA Bill Sims, AMRRP Legal Advisor Arizona City Attorneys Summer Conference 2016.
INDEMNITY The University of Texas System Office of General Counsel Dana Hollingsworth, Attorney.
Adriana V. Padovan, Ph.D. Adriatic Institute
ENROLL IN THE HEADS UP FOOTBALL INSURANCE PROGRAM:
Contracts A contract is an agreement between two or more parties which creates an obligation to do or not to do a particular thing. The document containing.
Petrolia Ball Hockey League
Chapter 51 Insurance Law Chapter 51: Insurance Law
Community buildings in a changing landscape
Types of Liability Insurance
Navigating the Slippery Slope of Insurance & Risk Management
AN Overview of the Insurance Market in Cambodia
Types of Liability Insurance
Claims Adjusting Objectives Definitions
Claims Adjusting Objectives Definitions
Automobile Insurance: The Basics
London Institute of Space Policy and Law
Part D-I The Economics of Tort Law
PMI Insurance Overview
Presentation transcript:

International Space Brokers Proprietary 1 Guillaume de Dinechin International Space Brokers 42, avenue de la Grande Armée Paris- France   Legal and Ethical framework for astronauts in space sojourns House of UNESCO 29 October 2004

International Space Brokers Proprietary 2 Liability in Space Ruled by existing instruments 1972 Liability Convention –“Launching State” liable for damage to third parties –Tort liability in space –Absolute liability for damage on earth International Space Station IGA –Cross waiver of liability among Participants –Liability Convention for Third Parties

International Space Brokers Proprietary 3 Liability ConventionISS IGA Current Liability Allocation Mission Participant Related Entity Third Party In space: tort liability On earth: absolute liability Cross waiver of Liability

International Space Brokers Proprietary 4 Liability coverage Third Party Liability: States usually require launching authority to take out a minimum insurance –Insurance coverage up to m$: specialised space insurance market –State coverage for damage in excess of insurance coverage Participants in an ISS mission are free to take insurance for their own damage

International Space Brokers Proprietary 5 Coverage of Astronauts Bodily injury to/death of astronaut –As a result of the mission: from entering the space vessel to leaving it after return on earth or mission abort of failure –Sum Insured: an agreed value Damage caused by an Astronaut –Damage to other mission participants –Damage to third parties: as per requirements of the Liability convention

International Space Brokers Proprietary 6 Does tourism turn the issue upside down ? 3 issues: –Coverage of their own risk –Liabilities towards other participants in the mission –Third Party Liability

International Space Brokers Proprietary 7 Space Tourists: Liability towards participants and third Parties Does the ISS IGA cross waiver apply ? –Visiting crew not part of the IGA  Need some regulation there Liability Convention applies: –Private venture needs Agreement with “Launching State” Set insurance requirement for Third Party Liability Agree excess claims supported by “Launching State”

International Space Brokers Proprietary 8 Tourists: coverage of their own risk Bodily Injury/death resulting from the mission Events resulting in mission cancellation –candidate disqualification by the medical committee –Accidental Death of the candidate before the mission –Previous Mission Failure –Political event –License withdrawal, –Others as may appear

International Space Brokers Proprietary 9 Way forward International Space Station –legal regime established –but little experience Tourism is the next frontier Government policy: how welcoming will they be ? Insurance Markets reactions: how receptive can they be ?