Thank you for visiting Alpha. You have now logged out.

To access the Alpha Private Client Area please login above with your username and password.

If you wish to register with us please contact:

Alpha Insurance Analysts Ltd, 107 Fenchurch Street London EC3M 5JF

T: 020 7767 3420 E: info@aianalysts.com

Login Required

The Market News articles are for registered members only. Please input your email and provided password within the client login box at the top right of this page to view our articles in full.

Alternatively you can register for access to our Market News from HERE.

Forgotten Passwords

If you have forgotten your password please click HERE

or contact us below:

Tel: 020 7767 3433
Fax: 020 7022 8781
Email: info@aianalysts.com

Thank you!
Alpha Insurance Analysts Ltd


Notice: Undefined index: client_login_id in /var/www/vhosts/aianalysts.com/httpdocs/wp-content/themes/rttheme18/header-design2.php on line 58

Welcome
Notice: Undefined variable: user_data in /var/www/vhosts/aianalysts.com/httpdocs/wp-content/themes/rttheme18/header-design2.php on line 76

Notice: Trying to get property of non-object in /var/www/vhosts/aianalysts.com/httpdocs/wp-content/themes/rttheme18/header-design2.php on line 76
to the Alpha Private Client Area.

Click on the Private Client Area icon to view information relating to your personal underwriting through Alpha.

Visit Market News to read Alpha’s commentary on events and listen to audio files of Alpha meetings and other events on Diary Dates.

by : Alpha Insurance Analysts Limited

On 29th October, an unmanned supply rocket exploded shortly after launch from its launch pad in Virginia, US.  The spacecraft, Antares, was on a cargo re-supply mission to the International Space Station and was built by Orbital Sciences Corp., a US manufacturer.

The blast is likely to have seriously damaged the launch pad and support infrastructure, meaning that even if the fault is quickly identified and corrected, restarting Antares flights again may take a long time.  No-one was injured and an investigation team is going through the data to try to establish the cause of the explosion. The launch was insured for about $40 million (NASA incentives cover only), whereas the asset value, which is not covered, is said to be around $200 million.

On 31st October, a second accident for a US space company occurred, when passenger spaceship Virgin Galactic SpaceShipTwo broke up during a test flight in California's Mojave Desert, killing one pilot and seriously injuring the other.  The craft's launcher, carrier aircraft WhiteKnightTwo, landed safely.

Investigation of the crash has found that a function designed to aid the space plane's descent was deployed early, causing the accident.  The system requires a two-step process to be activated, and while the co-pilot unlocked the system, the second step occurred unprompted by the pilot.  The US National Transportation Safety Board and the Federal Aviation Administration are both conducting investigations into the crash.  Investigators have warned it could take up to a year to complete a full report into the incident.  The Virgin Galactic spacecraft crash is set to generate losses of $46 million.  The placement is led by American International Group (AIG) and brokered by JLT.