S&P: Data Centres Offer $10bn Opportunity for Insurers

Herbert Frommes Versicherungsmonitor

Factuality

Ownership

The S&P rating agency expects a growing insurance gap in view of the huge growth in the global construction of data centers. Even with consortia, insurers could no longer fully secure projects that reach a value of up to $30 billion (€25.6 billion). Worldwide investments in data centers are growing rapidly© isdockphoto / kynny The construction of data centers is booming, the rating agency S&P [...]

01net

Factuality

Ownership

The growth of hyperscale data centers is creating a new market for insurance and reinsurance, with insurable assets of up to $30 billion per site and global investments that could exceed $300 billion annually by 2027. The complexity of risks requires new underwriting models and collaboration between operators. The article "Data Centers and Insurance: $30 Billion Risk for a Single Hyperscale Campus" is an original content from 01net.