Cyclicality or volatility? The satellite insurance market

The history of the satellite insurance market indicates that this market experiences crises and booms in profitability and prices that repeat in a manner suggestive of cycles. The purpose of this article is to rigorously investigate cyclicality of these and other features of the satellite insurance market and assess their volatility formally. Using data from 1968 to 2008, volatility and cyclicality are analyzed for satellite insurance market capacity, rates, and underwriting results, among other measures. The coefficient of variation for the various satellite insurance market metrics is used to assess volatility. Standard underwriting analysis is used to determine whether a cycle exists for various insurance metrics. The results indicate that some aspects of the satellite insurance market are volatile (e.g. claims) or cyclical (e.g. rates), while capacity is both volatile and cyclical.     

Plasma flow variations and energetic protons upstream of the earth’s bow shock: A statistical study

Foreshock is a special region located upstream of the Earth’s bow shock characterized by the presence of various plasma waves and fluctuations caused by the interaction of the solar wind plasma with particles reflected from the bow shock or escaping from the magnetosphere. On the other hand, foreshock fluctuations may modify the bow shock structure and, being carried through the magnetosheath, influence the magnetopause. During the years 1995–2000, the INTERBALL-1 satellite made over 10,000 hours of plasma and energetic particles measurements in the solar wind upstream of the Earth’s bow shock. We have sorted intervals according to the level of solar wind ion flux fluctuations and/or according to the flux of back-streaming energetic protons. An analysis of connection between a level of ion flux fluctuations and fluxes of high-energy protons and their relation to the IMF orientation is presented.     

Small-scale deformation of the bow shock

The prediction of the bow shock location is a proof of our understanding of the processes governing the solar wind – magnetosphere interaction. However, the models describing the bow shock location as a function of upstream parameters are based on a statistical processing of bow shock crossings observed by a single spacecraft. Such crossings locate the bow shock in motion, i.e., in a non-equilibrium state and this fact can be a source of significant errors. We have carefully analyzed a long interval of simultaneous observations of the bow shock and magnetopause and another interval of bow shock observations at two well-separated points. Our results suggest that often a small-scale deformation of the bow shock front due to magnetosheath fluctuations is the most appropriate interpretation of observations. Since the low-frequency magnetosheath variations exhibit largest amplitudes, a simultaneous bow shock displacement over a distance of 10–15 R_E can be observed. We suggest that bow shock models can be probably improved if the tilt angle would be implemented as a parameter influencing the bow shock location in high latitudes.     

A new approach to solar wind monitoring

The monitoring of solar wind parameters is a key problem of the space weather program. We are presenting a new solution of plasma parameter determination suitable for small and fast solar wind monitors. The first version will be launched during the SPECTR-R project into a highly elongated orbit with apogee ∼350,000 km. The method is based on simultaneous measurements of the total ion flux and ion integral energy spectrum by six identical Faraday cups. Three of them are dedicated to determination of the ion flow direction, the other three (equipped with control grids supplied by a retarding potential) are used for determination of the density, temperature, and speed of the plasma flow. The version under development is primarily designed for the measurements in the solar wind and tail magnetosheath, thus for velocities range from 270 to 750 km/s, temperatures from 1 to 30 eV, and densities up to 200 cm⁻³. However, the instrument design can be simply modified for measurements in other regions with a substantial portion of low-energy plasma as a subsolar magnetosheath, cusp or low-latitude boundary layer. Testing of the engineering model shows that the proposed method can provide reliable plasma parameters with a high time resolution (up to 8 Hz). The paper presents not only the method and its technical realization but it documents all advantages and peculiarities of the suggested approach.     

Instruments for X-ray astronomy

The present communication describes instruments for galactic-extragalactic and solar X-ray astronomy.     

The Role of Wave–Particle Interactions in the Dynamics of Plasma in the Polar Cusp

This paper presents a review of observations of low-frequency plasma waves together with plasma particles performed by Interball 1 and its subsatellite Magion 4 and by the Freja satellite in different cusp regions. The detailed study of the wave spectra together with the electron distribution functions indicates the correlation between the presence of lower-hybrid waves and of particles with energies higher than in the surrounding space. These experimental facts suggest that strong coupling between waves and particles is responsible for plasma heating. The Freja data with a high time resolution allow identification of the process of energy transport via a cascade from low frequency waves to high frequency waves accompanied by electron energization.     

Advances in Plasmaspheric Wave Research with CLUSTER and IMAGE Observations

This paper highlights significant advances in plasmaspheric wave research with Cluster and Image observations. This leap forward was made possible thanks to the new observational capabilities of these space missions. On one hand, the multipoint view of the four Cluster satellites, a unique capability, has enabled the estimation of wave characteristics impossible to derive from single spacecraft measurements. On the other hand, the Image experiments have enabled to relate large-scale plasmaspheric density structures with wave observations and provide radio soundings of the plasmasphere with unprecedented details. After a brief introduction on Cluster and Image wave instrumentation, a series of sections, each dedicated to a specific type of plasmaspheric wave, put into context the recent advances obtained by these two revolutionary missions.     

Fine structure of the interplanetary shock front according to measurements of the ion flux of the solar wind with high time resolution

According to the data of the BMSW/SPEKTR-R instrument, which measured the density and velocity of solar wind plasma with a record time resolution, up to ~3 ×10^–2 s, the structure of the front of interplanetary shocks has been investigated. The results of these first investigations were compared with the results of studying the structure of the bow shocks obtained in previous years. A comparison has shown that the quasi-stationary (averaged over the rapid oscillations) distribution of plasma behind the interplanetary shock front was significantly more inhomogeneous than that behind the bow-shock front, i.e., in the magnetosheath. It has also been shown that, to determine the size of internal structures of the fronts of quasi-perpendicular (θ_BN > 45°) shocks, one could use the magnetic field magnitude, the proton density, and the proton flux of the solar wind on almost equal terms. A comparison of low Mach (М _А < 2), low beta (β₁ < 1) fronts of interplanetary and bow shocks has shown that the dispersion of oblique magnetosonic waves plays an essential role in their formation.     

Minimum time span of TOPEX/Poseidon,Jason-1 and Jason-2 global altimeter data to detect a significant trend and acceleration in sea level change

The present study aims to estimate a minimum time span of the global mean sea level time series (from TOPEX/Poseidon, Jason-1 and Jason-2 satellite altimetry) which is sufficient to detect a statistically meaningful trend in global sea level variation. In addition, the objective of this paper is also to seek a minimum time span required to detect a significant acceleration in sea level change.