Space insurers initially appeared to have had a good year in 2017, with premium revenues exceeding US$625 million (for both launch and in orbit insurance) and losses of much less than this at circa US$270 million. The worst confirmed loss in dollar terms was the Long...
According to the Seradata SpaceTrak database – the industry standard for the logging of spacecraft launch and orbital events – there were 91 launch attempts to orbit during 2017 – up from 85 in 2016. The standout figure of 2017 was the record number of satellites...
A Soyuz 2-1B Fregat launched from the new Vostochny site in Far Eastern Russia, at 0541 GMT on 28 November, ended in total failure when its fourth stage, the Fregat upper stage, was apparently sent in the wrong direction during its first firing. Interfax reports that...
We are sad to report the death of Benito Pagnanelli, former aviation and space underwriter at Generali, who subsequently became an aerospace conference organiser and consultant. Benito Pagnanelli graduated from Pisa University in political and social science...
We are sad to report the death of Brian Spark, a well-known and respected figure in the space insurance market. He passed away on 7 August following a long period of illness. Brian Spark, who came to be nicknamed “Sparky”, originally joined the insurance market...
After a welcoming introduction to the WSRF London event from Chairman Denis Bensoussan, Space Underwriter at Beezley, the launch providers led off proceedings. New entrants Blue Origin and SpaceX dazzled with their slick presentations. A little more measured where...