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...
by David Todd | Apr 7, 2020 | Seradata News, Space Insurance
On 9 March it was announced that Aon the World’s second largest insurance broker in the world would by Willis Towers Watson, the third largest broking firm. The deal, which is subject to regulatory approval involves all-stock US$30 billion purchase of Willis...
by David Todd | Mar 17, 2020 | Launches, Satellites, Seradata News, Space Insurance, Space politics
Whether you call it coronavirus or COVID-19 you cannot avoid this “Elephant in the Room”, which is affecting much of industry and commerce, the world’s health systems and even basic human relationships. And space has not been insulated from the virus. Despite a tardy...
