The recent good performance of insured satellites and launch vehicles has helped generate substantial profit for underwriters, causing new insurance capacity to enter the market and lowering premiums, insurance underwriters and brokers agreed.rnOne of the most visible signs of the confidence insurers have in the industry is the fact that underwriters are willing to insure single launches for ever-higher amounts of coverage.rnTen years ago, it was difficult to assemble enough underwriting capacity to insure a single launch for much more than $400 million in combined coverage. Then as now, the most expensive launches are likely to be European Ariane 5 rockets carrying two telecommunications satellites.
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