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The 15th International Space insurance Conference was another successful event and its 30th anniversary was well celebrated

The 14th edition of the Space Insurance Conference was held on 22nd and 23rd March 2007 in Milan at the Atahotel Quark. The first edition was held in Trieste in 1979, at that time just 79 people attended, including representatives from NASA, ESA and the major Italian operators. From there on, the number of countries and speakers has grown year by year. This year the speakers were 52 which exceeded by far the number of the previous events.
At the speakers' dinner held on the 21st of March, a plaque was awarded to Arianespace and Pino & Associates LLP for their active participation to 13 of the 14 Space Insurance Conferences already held. The same recognition was awarded in 2005 to NASA and ESA at the 13th Space Insurance Conference held in Stresa.
This year the Conference was opened by Mr Benito Pagnanelli, President of Pagnanelli Risk Solutions Ltd, who thanked the participants for contributing to the success of the meeting with their numerous presence. The number of participants exceeded 300 and new countries, such as Turkey and Malaysia were represented, along with the traditional ones, for a total of twenty-seven countries. Mr. Pagnanelli reminded that again this year the Conference aimed at putting together different professional experiences (technological, industrial, commercial, financial, legal and insurance), in order to answer the question that was chosen as the theme of this year's edition: "Space and private enterprise: is the environment ripe for expansion?". Even if the new private space activities are extending the spectrum of insurance demands and new insurance opportunities will be offered by new applications made feasible through the utilisation of space technologies, the insurance sector remains extremely volatile and is not, as yet, self founding.

The 13th International Space Insurance Conference on space activities and their relevant insurance implications was held in Stresa on the 14th and 15th April, 2005.
Countries represented were 25.
Delegates were around 350 coming from the main space agencies, manufacturers of launchers and spacecraft, users, as well as legal and financial firms together with representatives of the main insurance and broking companies.
The speakers were 43, divided into panels made up of: Risk and Finance Managers, Space Agencies and Satellite Operators, Lawyers and Investors, Brokers, Insurers and Reinsurers, Manufacturers and Launch Providers.
The theme of this year's Conference was "How can Finance and Insurance better facilitate the development of Space Activities?".
Each panel presented topics which were widely discussed among the members themselves and with the audience.
The discussions focused in particular on how privatization of space activities could be sustained, on how the insurers and brokers could work together with the clients to produce adequate policy wordings, simplify the claims handling procedures and on how insurance could possibly mitigate the level of premiums through a better risk assessment.
Special attention was given to the presentation of the privately funded SpaceShipOne operations.
It was suggested that the setting up of an International Committee involving insurers, clients, lawyers, brokers, etc..., should be made to provide opportunities for common discussions on issues of mutual interest (clauses, procedures, etc..).
At the end, it appeared that a vast consensus had been reached on the need for better transparency and cooperation among the several parties involved.
Finance and Insurance feel to be fully responsible in their task to help in the development of Space activities.
According to the overall comment of the audience, this year Conference was the best ever!

The 12th International Space Conference on space activities and their relevant Insurance implications was held in Florence on 3rd and 4th April, 2003.
Representatives from over 29 countries involved in scientific and commercial operations in Space attended this year's event.
Over 300 delegates from the main space agencies, manufacturers of launchers and spacecraft, users, as well as legal and financial firms were present together with representatives from the most important insurance and broking companies.
The speakers involved were over 30 and were divided into panels made up of: Space Agencies & Satellite Operators, Manufacturers, Launch Providers, Legal & Finance, Brokers, Insurers & Reinsurers.
The theme of this year's Conference was ´Transparency and Co-operation: Keys essential to success´.
The various debates and topics discussed within the panels were greatly supported by the audience.
At the end of the two day proceedings, a number of suggestions on how to regenerate confidence in technology and profitability for the Insurers of the Space sector were presented for consideration by all the Space operators.
The overall comments expressed by the audience, speakers and sponsors concurred that the event, which was organised this year by Pagnanelli Risk Solutions Ltd, was a great success!

Si è svolto a Milano il 18 marzo 2004, presso il Centro Congressi Palazzo delle Stelline il Seminario sulle Esportazioni italiane in USA, organizzato e coordinato dalla società Pagnanelli Risk Solutions Ltd.
Ha aperto i lavori l'amministratore delegato della società, il dott. Benito Pagnanelli.
Agli interventi hanno partecipato Daniela Meregalli dello Studio Legale Zambelli-Luzzati-Meregalli per gli aspetti istituzionali delle aziende esportatrici, Giorgio Pretti dello Studio Pretti per gli aspetti fiscali e tributari, Rudolph Pino dello Studio Legale americano Pino & Associates LLP per gli aspetti giuridico-legali delle responsabilità per danni alle cose e alle persone da prodotto difettoso nel contesto americano, Pierluca Impronta presidente della società di brokeraggio Marine & Aviation e Renzo Verità della società americana di consulenza Renzo Verità & Associates LLC, per la presentazione di alcuni esempi di soluzioni assicurative.
Sono state affrontate in particolare le problematiche delle esportazioni italiane in USA nei settori agroalimentari, farmaceutici, dell'abbigliamento e delle manifatture aerospaziali.

Il Convegno/Seminario Risk Management e Assicurazione per l'Industria e le Attività Aeronautiche è stato introdotto dal dr. Benito Pagnanelli, CEO della PRS Ltd.
Lo stesso ha esordito spiegando quale sia la funzione della società organizzatrice che si sintetizza in consulenza altamente specializzata per le aziende aerospaziali.
Il dr. Pagnanelli ha sottolineato l'importanza di creare un forum nel quale tutte le Parti interessate alle attività aeronautiche (vettori aerei, costruttori, assicuratori, brokers, agenti, studi legali,...) possano discutere problemi di comune interesse, portando ognuno il proprio contributo di esperienze.
Hanno preso poi la parola l'avv. Nicholas Hughes, dello studio legale inglese Barlow Lyde & Gilbert, e l'avv. Alessio Totaro, dello studio legale italiano AS&T, i quali hanno illustrato le problematiche dei costruttori nei riguardi della RC Prodotti a livello mondiale e con particolare riferimento ai Paesi emergenti come la Cina.
L'argomento che è stato più a lungo presentato e dibattuto è stato quello degli atti di terrorismo e i loro particolari riflessi negativi, soprattutto sullo svolgimento del trasporto aereo.
La presentazione è stata fatta da Mueller-Rostin, della compagnia assicuratrice Delvag/Lufthansa, e da Christopher Freeman, della società di brokeraggio JLT Aerospace di Londra.
E' stato in particolare sottolineato che le giuste limitazioni alle coperture terrorismo introdotte dal mercato assicurativo internazionale rischiano la messa a terra delle flotte, in quanto i vettori aerei hanno obblighi legali di coperture assicurative, alcune delle quali non sono più disponibili nel mercato assicurativo.
L'intervento dello Stato è ritenuto quindi essenziale affinché il trasporto aereo non abbia a subire insostenibili condizionamenti di fatto, per il terrorismo, e di diritto per gli obblighi che derivano dalle convenzioni internazionali.
Gli interventi che sono seguiti la mattina e i due workshops del pomeriggio hanno mirato ad un esame del mercato assicurativo aviazione sul piano generale ed anche a dibattiti su aspetti pratici delle coperture RC Prodotti Aeronautici e dei rischi di RC in generale, i cui alti limiti comportano la necessità di un forte ricorso alla riassicurazione internazionale.
Al Seminario hanno partecipato circa 70 rappresentanti delle Parti interessate all'aviazione e alla copertura dei rischi connessi.
Dal lato delle Compagnie di assicurazione, numerosi sono stati i rappresentanti del Gruppo Generali, leader del settore non solo a livello nazionale.
Mentre da parte dei costruttori aeronautici italiani è stata notata la presenza delle maggiori società quali Avio, AgustaWestland (compresa Finmeccanica) e Mecaer.
Presenti anche i maggiori brokers nazionali.