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.

Aon launches new Data Center Lifecycle Insurance Program for clients

9th July 2025

Aon has launched its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility created to help clients manage risk across every stage of data center development and operations. According to Aon, the DCLP provides an integrated solution that unifies construction, cargo, cyber, and operational risk coverage within a single, ... Read the full article

Lockton and Parametrix to launch SLA insurance for data centre market

25th June 2025

Lockton, a privately held insurance brokerage, has partnered with Parametrix, a provider of digital business interruption risk solutions, to launch Service Level Agreement (SLA) breach coverage to the data centre market. The pair explained that the coverage delivers immediate financial compensation in the event of an SLA breach, based on predefined ... Read the full article

Marsh launches €1bn insurance facility for data centre construction projects

16th June 2025

Marsh, an insurance broker, risk advisor and business of Marsh McLennan, has launched Nimbus, its new insurance facility providing clients with comprehensive cover for the construction of large-scale data centres across the UK and Europe. Nimbus, supported by a panel of insurers from Lloyd’s and company markets in London and Europe, ... Read the full article

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