Facilities that are out of date on completion and equipment that cannot be replaced new for old are complicating cover, while clustered sites raise aggregation concerns, speakers at the PARIMA Singapore...
(Re)in Summary
Single hyperscale AI campuses can carry total insurable values of US$20bn–50bn, beyond what one insurance placement can absorb, Howden says.
Underwriters are pricing the largest sites...
Insurance-linked securities, captives and other alternative capital structures are increasingly important tools for supporting Asia's rising infrastructure risk exposures, the regulator said.
Cover extends to the global exposures of US-domiciled companies, with 30 traditional and alternative capital providers pricing each placement individually.
As operators assume greater responsibility for power infrastructure, insurers face new questions around batteries, construction, curtailment and BI coverage.
The insurer's new global data centre head will oversee the development of integrated underwriting, risk engineering and claims solutions for the sector.