Space facing a trek back to profitability as 2023 losses mount
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Space facing a trek back to profitability as 2023 losses mount

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The space insurance market is facing one of its toughest periods since 2019 after being struck by major losses that have significantly outpaced its premium base.

A canvass of London space market players by Insurance Insider suggested that the picture for the end of 2023 is nearly as bleak as it was four years ago.

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