NU Online News Service, Dec. 1, 2:16 p.m. EST

A profitable 2009 for space insurers could mean continued declines in rates for operators of orbiting satellites, a report from Aon's International Space Brokers said.

The Chicago-based insurance broker's London affiliate said space insurers are expected to generate more than $400 million in profit for 2009, provided there are no claims before the end of the year.

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