Insight and Intelligence on the Global Facultative Markets

19 May 2012

Major satellite loss could end softening market

22 November 2010

The loss of Eutelsat's W3B satellite - insured for EUR245mn - could harden rates in the niche space insurance market. This will come as a relief to the sector as a benign loss experience in recent years has put downward pressure on rates, with premium reductions of 20 percent to 30 percent common in 2010.

"In general, over the past few years the space market has been pretty profitable," said Dr Sima Adhya, a space mission risk analyst at Sciemus...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share: This article was published as part of issue November 2010/1

Insider Publishing Limited - 2nd Floor Asia House, 31-33 Lime Street, London, EC3M 7HT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2012. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π