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SXM-7 payload failure is a bad start to the year for space insurance market

SXM-7 payload failure is a bad start to the year for space insurance market

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...
Space Insurance: AIG makes surprising move in turning its back on class

Space Insurance: AIG makes surprising move in turning its back on class

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...
Express AM-6 has had its Ka-payload turned off due to thermal issue

Express AM-6 has had its Ka-payload turned off due to thermal issue

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...
China loses another: Long March 3B launch fails and Palapa-N1 falls into the drink

China loses another: Long March 3B launch fails and Palapa-N1 falls into the drink

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...
Aon buy-out of Willis Towers Watson still likely to go ahead despite coronavirus

Aon buy-out of Willis Towers Watson still likely to go ahead despite coronavirus

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...
Coronavirus Analysis: How is the outbreak affecting space industry? (Updated)

Coronavirus Analysis: How is the outbreak affecting space industry? (Updated)

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...
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