Emerging Markets
Space Startups Seek Insurance for Orbital AI Data Centers
Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue ...
AM Best: Data Centers Pose Risks Beyond What P/C Industry Has Experienced
The proliferation of data centers across the U.S. to bolster critical infrastructure for artificial intelligence is also bring some complicated risks. A new report from AM Best outlines "substantial ...
Aon Is Expanding Its Data Center Lifecycle Insurance Program Capacity to $3.5B
Aon plc is expanding its proprietary Data Center Lifecycle Insurance Program (DCLP) with an additional $1 billion, increasing the program's capacity to $3.5 billion. In addition, coverage will extend ...
Data Centers Offer a Potential $10 Billion Windfall for Insurers
Soaring demand for insurance coverage related to data center construction is creating a "meaningful growth opportunity" for the industry, outstripping some traditional insurance markets, according to ...
Iranian Strikes on Amazon Data Centers Highlight Vulnerability to Physical Disasters
Damage to three Amazon Web Services facilities in the Middle East from Iranian drone strikes highlights the rapid growth of data centers in the region, as well as the industry's vulnerability to ...
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
Fitch Ratings said it does not expect autonomous vehicles (AVs) to "have any meaningful impact" on insurers in the next decade. Therefore, impacts to credit ratings will be modest. However, over ...
Munich Re Launches Pandemic Consortium via Lloyd’s Market
Munich Re Specialty – Global Markets, Syndicate announced the launch of The Pandemic Consortium, a Lloyd's market initiative which will be focused on offering parametrically triggered catastrophic ...
Getting the Embedded Ecosystem Right
Consumer expectations are fundamentally reshaping how insurance is delivered and experienced. Rather than purchasing insurance as a separate transaction, today's customers expect protection to be ...