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pzerr t1_j5n19n1 wrote

Reply to comment by Bensemus in Space insurers toast another profitable year. The space insurance market managed to make a profit for 2022 despite a devastating Vega C rocket failure at the end of the year that ruined two Airbus imaging satellites. by EricFromOuterSpace

Excess profits year after year are not right.

Having excess profits for a couple years after some years of losses is fine. Space launches are rather a unique and relatively small market and a few bad launches to make for a bad year.

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