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Whitecap Underwriting Europe s.r.o. will launch its space underwriting capacity on January 1, 2026, through its Whitecap Aerospace division, utilizing an A-rated insurer and deploying up to $8 million for various space-related risks. Tim Wright will lead the underwriting efforts, focusing on establishing a new insurance class, while David Godley expressed confidence in achieving profitable outcomes amid the expanding commercial space sector.