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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (4745)	10/21/1998 7:32:00 AM
From: Valueman	Read Replies (1) \| Respond to of 10852

Gdichaz: What report indicates the INSURER is Russian? Very few companies make up the leaders in the launch/sat insurance industry. Typically, the insurance is offered by an agent, and underwritten by a major, and reinsured up the wazoo. Any one companies exposure will be relatively small. I also highly doubt that there is any problem with Russian law. SS/L-G* is being insured, not Zenit. They typically buy insurance in a package for multiple launches. It is likely that the insurance for the Delta launches was the same. I wouldn't wory that some busted Russian insurance company is unable to pay. Until you get the facts, don't believe it.