Japan Enterprises to Offer First Lunar Lander and Rover Insurance for Moon Missions
Mitsui Sumitomo Insurance will indemnify HAKUTO-R lander mission sequence beginning NET Q4 2022 for ispace under newly signed MoU, with The Nikkei reporting an expected US$80M coverage level will cost lander companies $8M; Tokio Marine & Nichido Fire Insurance offering financial liability protection for mobile payloads that may suffer damage in-transit / on lunar surface with first customer Dymon of Tokyo, whose 498-g lunar rover YAOKI (touted as “world’s smallest lunar rover”) is slated for late 2022 mission with Astrobotic