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News Link • Solar Flares

Satellites and Solar Flares Among Emerging Risks

• propertycasualty360.com
 

What goes on in the sky can affect those on the ground, says a Guy Carpenter report on the reinsurance industry’s emerging exposures, and can disrupt entire communities and halt economic activity. With more satellites than ever in orbit, our reliance on them for global communications, broadcasting, air traffic control and weather forecasting makes the world a vulnerable place should anything disrupt their service.

“Space debris poses a serious risk to operational satellites,” says the report. “Indeed, debris amounts are increasing as objects continue to collide with one another, producing more fragments.” 

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