Thaicom 5 transfers customers after anomaly…likely insurance loss

by | Jan 21, 2020 | Reliability Info, Satellites, Seradata News, Space Insurance

It has been reported that customers on the Thaicom 5 communications satellite have been moved to other satellites following a telemetry issue that is preventing control of the spacecraft. The nearly 14-year-old spacecraft was coming to the end of its design life. Details of the fault remain sketchy, but Seradata understands that it occurred in late December and involves a related battery issue. A claim for total insurance loss is likely to be made. 

Thaicom 5 was built by Thales Alenia Space, using its Spacebus 3000A platform, and was launched in 2006. While the Thaicom 5 insurance claim will not be large – its insured value at the time of loss was only circa US$26 million, the likely claim adds to the woes of space insurers. They already had a total surpassing US$800 million in claims for last year against premium income of circa US$500 million.

Artist’s impression of Thaicom 5 in orbit. Courtesy: Thales Alenia Space


About Seradata

Seradata produce the renowned SpaceTrak Launch & Satellite Database. Trusted by 100 of the world’s leading Space organisations, SpaceTrak is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).

For more information go to

Related Articles

Thaicom subisidiary buys new comsat from CGWIC in turnkey contract

The International Satellite Company, has, with funding from its parent company - the regional satellite operator Thaicom, made a formal construction order Read more

Orbital Sciences gets new construction orders for three satellites

While officially not disclosing their identities or clients, Orbital Sciences Corporation, has  signed two contracts for three satellites.  According to Read more

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

Sirius-XM Radio announced on 27 January that its SXM-7 satellite, which was launched by a Falcon 9 rocket on 13 Read more

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

In what could be billed as the biggest news for the space insurance market since Swiss Re left in 2019, Read more

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

The Russian Satellite Communications Company (RSCC) has confirmed that it has turned off the Ka-band payload of the communications satellite Read more

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

Having had a launch setback with its new Long March 7A (CZ-7A) rocket in March, it looked unlikely that China Read more

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

On 9 March it was announced that Aon the World's second largest insurance broker in the world would by Willis Read more

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

Whether you call it coronavirus or COVID-19 you cannot avoid this “Elephant in the Room”, which is affecting much of Read more