PICC to offer insurance for five satellites
By Dai Yan (chinadaily.com.cn)
Updated: 2006-09-21 13:43 PICC Property and Casualty Co
Ltd, the largest non-life insurer on the Chinese mainland has become the chief
insurer for five Geostationary Earth Orbiting commercial communications
satellites that China will launch in the coming 15 months.
The five satellites are: Beijing-based SINO Satellite Communications Co Ltd's
SINOSAT-2 and SINOSAT-3, scheduled to be launched in October 2006 and May 2007
respectively; the NigerSat-1 that China made and will launch for Nigeria in
March 2007; the Zhongxing (Star of China) 6B and Zhongxing 9 to be launched in
May and November 2007 respectively that were bought by China Satellite
Comminications Corporation from Alcatel Alenia Space Co. These satellites will
be used for telecommunications and television and radio broadcasting.
...
The full text is available in the September Issue of China Insurance
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