NASA Warns of Untracked Asteroids, Potential Impact on Insurance Stocks

NASA's planetary defense experts have issued a warning about the existence of tens of thousands of mid-sized near-Earth asteroids that remain untracked. According to NS3.AI, these asteroids pose a significant risk of regional devastation. The current planetary defense systems are not equipped to deflect an imminent asteroid threat, which has raised concerns within both the scientific and financial communities. This heightened awareness of the potential risks associated with asteroid impacts could lead to a repricing in insurance stocks. Companies such as Travelers, Chubb, and Kinsale Capital may experience rallies as investors reassess the potential financial implications of such threats.