08:30 The risk of Bezos flying into space next month is too high, no one in the insurance industry dares to bear

Bezos, the richest man in the world, will go to space next month.  (Reuters)

Bezos, the richest man in the world, will go to space next month. (Reuters)

2021/06/25 08:30

[Real-time news/comprehensive report]Bezos, the world’s richest man and founder of e-commerce leader Amazon, will take the rocket of his own space company “Blue Origin” into space next month. What is additionally arousing curiosity is that the contemporary insurance industry, which is all-inclusive, still seems to be hesitant about whether to provide space travel insurance.

“Reuters” reported that the modern insurance industry covers a wide range of projects, but in the case of accidents that may occur in space, how to plan the amount of compensation still does not follow the standard. A spokesperson for the Insurance Information Association (III) said, “Space tourism is very risky, but it is still not an area of ​​special concern for life insurance, because “into space” is too rare for anyone.”

The report mentioned that there is an insurance market of US$500 million for satellites, rockets, and unmanned spacecraft projects, but none of them, including Bezos, has put forward any legal requirements to insure passengers or space travel.

On July 20, Bezos and his brother Mark will use the reusable sub-orbital rocket system “New Shepard” to sail to the boundary line between space and the Earth’s atmosphere, “Karman line”. A seat was sold in the form of charity auction at a price of 770 million Taiwan dollars.

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