Benfield increases ISB stake
Reinsurance broker Benfield has announced that its US subsidiary Crawley Warren has bought an additional 43% of the share capital of International Space Brokers (ISB). Benfield now owns 86% of ISB's issued share capital.
ISB is an insurance broker dedicated exclusively to the space industry, helping to insure satellites against the possibility of events like launch failures.David Spiller, chief executive of Benfield's
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