Management
Interest in Satellite Insurance Grows
Washington—Loss of an Intelsat-4A communications satellite Sept. 29, due to failure of a General Dynamics Atlas-Centaur booster, has focused attention on the growing use of satellite launch insurance. Communications Satellite Corp. carried insurance on its share of the recent Intelsat-4A with British underwriters, arranged through Marsh & McLennan, Inc., and Britain’s C. T. Bowring & Co., Ltd., insurance brokers.