The move follows a wave of new insurance offerings and capacity expansions as the insurance industry targets growing data centre opportunity - and risks.
The facility, backed by over 10 (re)insurers and Lloyd’s syndicates, aims to streamline insurance for large-scale AI projects by combining multiple coverages under one, modular contract.
Maduro's capture sets the stage for a potentially turbulent 2026, in which insures will juggle geopolitical shifts, technology-linked challenges, and new regulatory frameworks.
(Re)insurers face interconnected risks from climate change, geoeconomic fragmentation, demographic shifts and digital transformation that require new approaches, say experts at SIRC.