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Launch of two Russian satellites insured for $82 million

July 11, 2014 - 6:00am


The launch of two Russian satellites, including Meteor-M, from the Baikonur Cosmodrome in Kazakhstan has been insured for 2.8 billion Russian rubles ($82 million), reports Forinsurer.

Coverage was provided through four Russian insurance agencies. SOGAZ Insurance Group acted as the coordinator in the deal.

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