by Matt Wilson | Jul 15, 2021 | Finance, Satellites, Seradata News, Space Insurance
Peter B. De Selding of Space Intel Report has reported that the Measat-3 satellite looks to be in trouble. Read here. The operator of the satellite, MEASAT Global Berhad, said in a press release on 26 June that it had observed an anomaly on 21 June, which had been...
by Tim Fuller | May 26, 2021 | Finance, Seradata News, Space Insurance
Insurance broker Arthur J Gallagher & Co is once again set to be a beneficiary of another firm’s mega takeover. In a re-run of its successful 2019 acquisition of part of JLT speciality – with the main deal going to Marsh – Gallagher has struck a US$3.57 billion...
by David Todd | Jan 27, 2021 | Reliability Info, Satellites, Space Insurance
Sirius-XM Radio announced on 27 January that its SXM-7 satellite, which was launched by a Falcon 9 rocket on 13 December 2021, had suffered a major failure on its payload. Seradata understands that a failure during in-orbit testing resulted in the loss one of the...
by David Todd | Nov 18, 2020 | Seradata News, Space Insurance
In what could be billed as the biggest news for the space insurance market since Swiss Re left in 2019, US insurance giant AIG (American International Group) has decided to leave the space insurance class. The firm currently provides about US$40 million of...
by David Todd | May 7, 2020 | Reliability Info, Russia, Satellites, Space Insurance
The Russian Satellite Communications Company (RSCC) has confirmed that it has turned off the Ka-band payload of the communications satellite Express AM-6 and transferred its clients to other satellites. The announcement also confirmed that the underlying cause was a...
by David Todd | Apr 9, 2020 | China, Launches, Satellites, Space Insurance
Having had a launch setback with its new Long March 7A (CZ-7A) rocket in March, it looked unlikely that China would have another launch failure so soon. And yet, on 9 April 2020, an improved version of its venerable Long March 3B-G2 launch vehicle failed while...
