SpaceX Still Doesn’t Know Why Falcon 9 Rocket Exploded July 7, 2015 By Irene Klotz SpaceX is still homing in on why its Falcon 9 rocket exploded after liftoff last week, unable to resolve conflicting...
Virgin Galactic Spaceship Crashes; Co-Pilot Reported Dead October 31, 2014 By Julie Johnsson and Thomas Black A spacecraft for Richard Branson’s Virgin Galactic Ltd. tourism operator crashed during a test flight in California’s Mojave Desert, killing...
Commercial Rocket Explosion Draws Attention to Space Industry Risk, Oversight October 30, 2014 By Alan Levin, Chris Strohm and Kathleen Miller A NASA advisory panel said earlier this year that inadequate funding jeopardized the safety of commercial space cargo shipments, such...
AIG Launches New Distribution Channel for Space-Related Risks April 9, 2013 American International Group, Inc. (AIG) has appointed Castor Aerospace LLC as its new program administrator for space-related risks. This appointment...
Space Insurance Agency Aims to Help Florida’s Space Business Take Off October 8, 2012 By Amy O'Connor A new partnership formed between Space Florida, the spaceport authority and aerospace development organization for the state, and insurance agency...
New Underwriting Agency Assure Space to Cover Satellite Risks September 7, 2012 Assure Space, LLC, a new space insurance agency for satellite risks, has partnered with Auster Capital Partners (ACP) and Space...
Let the 2012 Olympic Games Insurance Challenges Begin! July 17, 2012 By Lee Tookey, Aspen Re As images and sound are beamed from the UK to devices all over the world, insurers and reinsurers will play...
Falling Satellites? Uncle Sam’s Got It Covered, Mostly September 22, 2011 By Don Jergler When, where and how much, if any, damage will be caused by about 1,200 pounds worth of falling satellite debris...