Munich Re Among Insurers for Failed Vega Rocket, UAE Satellite

3D rendering of a satellite orbiting the earth with illuminated cities at night. Map From: http://planetpixelemporium.com/earth.html Software for rendering: https://www.blender.org

Munich Re is one of the insurers for the European Vega rocket, which failed after take-off on Thursday, destroying a military observation satellite about to be placed in orbit for the United Arab Emirates, a Munich Re spokesman said. The combined insurance policy for the rocket and satellite totaled 369 million euros ($415.57 million) and… Continue reading Munich Re Among Insurers for Failed Vega Rocket, UAE Satellite