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...
The first official space insurance loss of 2017 occurred when CAN$3.5 million (US$2.6 million) was paid to ExactEarth for the total loss of one of its exactView satellites (believed to be EV-5R) on 3 February 2017. Insurers will be hoping that losses remain low,...
The Lloyd’s of London insurance market has introduced a ban on its workers from drinking alcohol during the standard office hours of 9am to 5pm. And, according to reports some of its 800 workers are not happy at missing out on their traditional pint down the pub at...
Elon Musk and his SpaceX team scored a successful return launch with its Falcon 9 launch of 10 Iridium Next communications satellites. The launch took place at 1754 GMT from the Vandenberg launch site in California on 14 January 2016. While the Falcon 9’s...
Commercial satellite operator SES has decided to risk flying its 5,300 kg SES-10 satellite to a geosynchronous Transfer Orbit (GTO) on a “reused reusable” first stage Falcon 9V1.2 FT launch vehicle (Seradata annotates this as a Falcon 9V1.2 FT-RR). The...
