SpaceX

According to a filing on the Tel Aviv Stock Exchange, the insurance claim for the destruction of an Amos 6 satellite, owned by Israel based company Space Communications, will total $196 million, perhaps lower than some of the initial loss estimates.

Another man-made disaster loss is set to hit the insurance-linked securities (ILS) market, with at least one ILS fund reporting an exposure to the SpaceX rocket launch failure in September, again providing evidence of the sectors expanding scope.