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.
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
- ← Previous
- 1
- …
- 3
- 4
- 5
- 6
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
