Login Register Subscribe
Current Issue

Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

UAE satellite firm to make 50% insurance claim for incorrectly launched craft

Reprints

U.A.E.-based Al Yah Satellite Communications Co. PrJSC plans to make a claim for 50% of the insured value of its YahSat-3 craft after France-based satellite launching firm Arianespace S.A.'s rocket launched YahSat-3 into an incorrect orbit on Jan. 25, Advanced Television reported citing Satellite Finance. The claim could include the actual launch cost as well as the cost for building the craft. Rodolphe Belmer, chief executive of France-based satellite operator Eutelsat S.A., said that earnings from its Konnect Africa broadband-by-satellite service would be delayed due to the incorrect launch.

Read more.