Login Register Subscribe
Current Issue

Three space accidents cost insurers more $500 million

Reprints

Alexander Podchufarov, vice president at Russia-based Ingosstrakh Insurance Co., said that three major accidents in the Russian space industry in 2015 has cost insurers more than $500 million, reported Forinsurer citing Finmarket.

The accidents included failed launches of the MexSat and EgyptSat satellites, Mr. Podchufarov said.

Read more