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Insurers worried that Angosat is still ill and fear Viasat 2’s beam/antenna fault will become claim

Insurers worried that Angosat is still ill and fear Viasat 2’s beam/antenna fault will become claim

by David Todd | Jan 18, 2018 | Seradata News, Space Insurance

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...
First official space insurance loss of 2017 is registered but 2016 was a profitable year

First official space insurance loss of 2017 is registered but 2016 was a profitable year

by David Todd | Apr 13, 2017 | Seradata News, Space Insurance

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,...
On a lighter note: Underwriters (and wily brokers) can still drink at lunchtime but lowly Lloyd’s workers are crestfallen by ban

On a lighter note: Underwriters (and wily brokers) can still drink at lunchtime but lowly Lloyd’s workers are crestfallen by ban

by David Todd | Feb 17, 2017 | On a Lighter Note, Seradata News, Space Insurance

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...

WSRF 2016 Dubai: Insurers worry about low premiums, new launch vehicles and hackers

by David Todd | Nov 10, 2016 | commercial launch services, Launches, Seradata Announcements, Seradata News, Space Insurance, SpaceX, Technology

  Held every two years, albeit now with an additional “half time” conference in London in between the intervening years, the World Space Risk Forum (WSRF) conference in Dubai has become the premier event for space insurers and their clients to attend. This year,...

Seradata Space Conference: Spaceflight reliability is stable – but overcapacity is forcing space insurance into loss

by David Todd | Jun 12, 2015 | Satellites, Space Insurance, Technology

At the Seradata Space Conference in London on 9 June 2015, this writer (David Todd) gave a brief presentation noting that launch reliability had remained relatively stable, and from Seradata’s serious anomaly dataset, that in orbit reliability was slowly improving –...
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