Chaucer Group, a global specialty insurance and reinsurance company, has appointed Emily Brand as Deputy Class Underwriter – Energy. Brand, based in Singapore, will support the underwriting strategy for Chaucer’s energy business and expand its presence in the APAC energy insurance market. She brings over a decade of insurance industry experience, including roles at AEGIS, Markel, and Lloyd’s, and will report to Scott Ho, who leads Chaucer’s Energy team in the region.

Following the Israel-Iran conflict, U.S. oil hedging activities reached record levels as oil prices spiked. Aegis Hedging reported record trading volumes, while producers locked in prices through 2026. The event highlighted strategic risk management in the oil industry amid geopolitical tensions.

The Spring 2025 batch of Y Combinator's startup accelerator has launched 70 agent-based AI startups focused on revolutionizing industries through AI agents. These startups address challenges in healthcare, finance, manufacturing, and B2B sectors by automating processes, optimizing workflows, and enhancing efficiency. Key examples include Aegis (healthcare insurance automation), Airweave (data productivity tools), Approval AI (mortgage automation), and Mbodi AI (robotic skill training). The accelerator's $500,000 investment per startup underscores confidence in AI's transformative potential.

Aegis Energy, a division of Aegis General Insurance Agency and K2 Insurance Services, has partnered with Everspan Group to launch an Excess program for petroleum gasoline haulers. The program offers up to $4 million in coverage nationwide, excluding Massachusetts, Hawaii, and Alaska, and is designed to address unique risks in the petroleum industry.

Aegis Vopak Terminals, a leading Indian LPG and liquid products storage provider, is launching an IPO to raise ₹2,800 crore through a fresh issue of 119.14 million shares. The company aims to use funds for debt repayment and capital expenditures, with a grey market premium (GMP) of 6.17% on unlisted shares. Analysts suggest the IPO may appeal to long-term investors, though listing gains could be muted. The IPO opens on May 26, 2025, with shares set to list on BSE and NSE on June 2, 2025.