TOKYO -- Japan's two largest nonlife insurers are investing in space insurance, wagering that the segment will eventually become a major revenue source.
Commercial space activity has expanded rapidly in recent years, but there have also been many failures. Insurance is expected to reduce the economic risk of failure. ( Source photos by AP and Getty. Logo from LLOYD'S 's website )
Market Spotlight
Japanese insurers reach for the stars with space policies
Niche market expected to grow as commercial space activity takes off
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