Reinsurance News

ICEYE

AXA DCP to utilise ICEYE’s SAR data to track extreme weather events

21st January 2026

AXA Digital Commercial Platform (AXA DCP), an AI-powered risk management system, has struck a deal with ICEYE, the manufacturer and operator of the world’s largest synthetic aperture radar (SAR) microsatellite constellation, enabling it to track floods, wildfires, hurricanes and other extreme weather events with what the companies call an “unprecedented” ... Read the full article

ICEYE partners with Munich Re unit to expand access to nat cat intelligence

9th December 2025

ICEYE, a global leader in synthetic aperture radar (SAR) satellite data and natural catastrophe solutions, has entered into a new strategic global partnership with Risk Management Partners, a Munich Re unit that draws on the group’s reinsurance expertise to deliver advanced climate risk insights through its Location Risk Intelligence platform. Through ... Read the full article

ICEYE secures new funding to boost capabilities valued by re/insurance market

8th December 2025

ICEYE, a world leader in synthetic aperture radar (SAR) satellite systems, has secured €150 million in new funding and a €50 million secondary placement, led by General Catalyst with broad pan-European participation, valuing the company at €2.4 billion ($2.8 billion). According to the firm, the funding will be used to accelerate ... Read the full article

ICEYE expands satellite constellation to close information gap for re/insurers

1st December 2025

ICEYE, a global leader in Synthetic Aperture Radar (SAR) satellite operations, has launched five new SAR satellites to close critical information gaps, giving insurers the situational awareness to protect communities, target resources, and speed recovery. The new satellites were reportedly integrated via Exolaunch. They successfully lifted off on November 28, 2025, aboard ... Read the full article

ICEYE adds Earthquake with Fire Following to multi-peril change detection for re/insurers

2nd September 2025

ICEYE, a global leader in satellite-powered disaster management solutions, has expanded its multi-peril change detection portfolio with the launch of an Earthquake with Fire Following capability, initially available in California. The new solution builds on ICEYE’s proven rapid disaster impact assessment technology, already used in its Hurricane and Wildfire offerings. It ... Read the full article

ICEYE launches Flood Rapid Impact to deliver timely, actionable flood intelligence

14th July 2025

ICEYE, a provider of satellite-based disaster response technologies, has introduced Flood Rapid Impact (FRI) — a new solution designed to provide automated, near-real-time flood data to emergency response teams, energy providers, insurers, and financial institutions. FRI supplies critical information about floodwater extent within 6 to 12 hours of the earliest signs ... Read the full article

MAPFRE RE partners with ICEYE for global flood data

2nd July 2025

Global reinsurer MAPFRE RE has entered into an agreement with ICEYE, an specialist in satellite-based disaster management solutions, to license its Flood Insights data globally. This collaboration aims to improve MAPFRE RE’s rapid and effective response to natural catastrophes. This will be achieved thanks to ICEYE’s near real-time flood data, which will ... Read the full article

ICEYE expands capabilities with largest SAR satellite launch to date

24th June 2025

ICEYE, a global leader in Synthetic Aperture Radar (SAR) satellite operations, has successfully launched and deployed six new SAR satellites into orbit, further expanding its constellation and capabilities. ICEYE revealed that satellites in this latest launch were integrated via Exolaunch and were part of the Transporter-14 rideshare mission with SpaceX from ... Read the full article

ICEYE launches new hurricane data solution

31st March 2025

ICEYE, a provider of satellite-based disaster management solutions, has launched a hurricane data solution, providing insurers with impact information from both wind and flooding within 24 hours of a hurricane making landfall in the US. "Using high-resolution satellite imagery, ground-based data sensors, and auxiliary information, the solution delivers damage data across ... Read the full article

ICEYE and SATIM partner to develop AI-powered SAR imagery analysis products

12th February 2025

ICEYE, a provider of satellite-based disaster management solutions, has partnered with AI technology company, SATIM, to develop new AI-powered Synthetic-aperture radar (SAR) imagery analysis products. By combining ICEYE's high-quality SAR satellite imagery with SATIM's advanced AI capabilities, the partnership aims to create products that enable rapid and reliable detection and classification ... Read the full article

ICEYE to provide more SAR-imaging opportunities at middle latitudes with new satellites launch

24th December 2024

ICEYE, a provider of satellite-based disaster management solutions, has expanded its Earth Observation capabilities with the launch of two new SAR satellites. With these new satellites, ICEYE aims to expand its availability imaging technology to deliver additional 25 cm imaging capacity. Now, ICEYE counts with 40 satellites in orbit since 2018. This ... Read the full article

ICEYE raises total of $158m in 2024 with recent $65m funding

19th December 2024

ICEYE, a provider of satellite-based disaster management solutions, has closed a $65 million extension of the company’s existing growth funding round of $93 million, announced in April 2024. This funding round extension - which included participation from funds managed by Solidium Oy, BlackRock, Seraphim, Plio Limited, and Christo Georgiev - ... Read the full article

Insurity partners with ICEYE to enhance insurer response to natural catastrophes

15th November 2024

Insurity, a provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, has partnered with ICEYE, a provider of satellite-based disaster management solutions, to offer real-time catastrophe insights to property and casualty (P&C) insurance customers. As natural disasters become more frequent and severe, timely access to accurate data is ... Read the full article

ICEYE estimates 2.6k buildings impacted by Spain flooding

4th November 2024

Using its synthetic aperture radar (SAR) satellite constellation to track the recent severe flooding in southeastern Spain, ICEYE estimates that over 2,600 buildings have been affected. For those unaware, flash floods in Spain have killed over 200 people, triggered by a destructive weather system where cold and warm air meet to ... Read the full article

Milton flooding impacted almost 185,000 buildings in Florida, says ICEYE

30th October 2024

A new analysis from ICEYE, a provider of satellite-based disaster management solutions, has revealed that almost 185,000 buildings in Florida were impacted by hurricane Milton's flooding. Readers will recall that ICEYE had previously warned that the satellite data it had secured during and after hurricane Milton indicated that the storm ... Read the full article