Reinsurance News
Data centre
The data centre build-out to support technology giants and artificial intelligence (AI) is a growing opportunity for the insurance and reinsurance industry.
Market participants are launching new dedicated data centre teams and specialist insurance products to support data centre construction and operations, while reinsurance capital is in-demand to support the multi-billion dollar projects.
With projections suggesting that the data centre build-out could generate $5–$11 billion in annual premiums for the insurance and reinsurance sector, while artificial intelligence use and use-cases continue to proliferate, this looks set to be a key area of growth for the market.
Swiss Re flags extreme heat as deadliest natural hazard in latest SONAR report
12th June 2025
Swiss Re, a reinsurance company, has issued a warning in its newly published 2025 SONAR report: extreme heat now poses a greater threat to human life than floods, earthquakes, and hurricanes combined. The annual report, which monitors emerging risks affecting insurers and global systems, positions extreme heat as a primary concern ... Read the full article
Marsh launches Data Centre Insurance and Risk Management Services offering
21st May 2025
Insurance broker Marsh has announced the launch of its Data Centre Insurance and Risk Management Services, to support global clients across data centre and digital infrastructure lifecycle to safeguard critical assets. This new offering has been designed to address the unique challenges faced by data centre operators and related sectors, including ... Read the full article
Rising capacity in construction insurance to Stabilise pricing and terms through 2025, says WTW
12th September 2024
The construction insurance market is experiencing a notable increase in capacity, reaching levels last seen in 2019, according to the newly released Global Construction Rate Trend Report by WTW, a global insurance broker. This expansion is anticipated to continue through late 2024 and into 2025, as insurers seek to maximise local ... Read the full article
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