Aerospace firm China Satcom has filed an insurance claim over the ChinaSat-18 communications satellite, after it failed to communicate with the satellite after it was deemed lost in space.
According to a report by SpaceNews, the insurance claim for ChinaSat-18, which was insured for US$250 million, has long been expected.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.