Comments
msltoe t1_j5jyuof wrote
How badly the editor wanted to say rates "skyrocketed"?
Bensemus t1_j5k6xgj wrote
If insurance companies never turned a profit they would leave the area. That's not what you want. As an individual you can't personally insure your home or car unless you are extremely wealthy. Excessive profits are an issue but profits in general aren't.
[deleted] t1_j5kk6vh wrote
[removed]
Cam599 t1_j5kkvpa wrote
How much did they loose on the Virgin failure ?
Primae_Noctis t1_j5kpr67 wrote
Sure it wasn't just blood and tears.
WolverineDDS t1_j5lwzal wrote
Thank God, I spend so much time hoping that insurance companies are doing OK.
Chairboy t1_j5m7z5y wrote
Sadly that second stage didn’t stay In The Air Tonight.
pzerr t1_j5n19n1 wrote
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.
hmm-boy t1_j5jxtzt wrote
Insurers having a profitable year == space insurance rates are too high?