Aging poles and overland lines pose billion-dollar liability and business interruption risks that often fall hardest on companies that do not own the failing infrastructure, according to Allianz Commercial.
The expansion of AI-driven data centers is generating insurance demand that stretches beyond what the traditional P&C industry has previously experienced, AM Best says.
A new report from Zurich North America outlines six critical risk areas facing data center construction and operations as the sector races to meet AI-driven demand.
Geoeconomic confrontation, cyberattacks, extreme weather and aging systems are amplifying risks across essential infrastructure networks, according to a Gallagher report.
Construction costs for a single data center location can exceed $20 billion — double once technology is installed — creating concentration exposures in catastrophe-prone areas, according to Swiss Re Institute.
Federally funded infrastructure projects propel recent surety market premium growth and demand for surety bonds among contractors and developers: AM Best.
Construction spending projected between $3 trillion and $7 trillion globally by 2029-2030 is fueling rapid expansion in data center infrastructure: Allianz Commercial.
Recent government opposition notwithstanding, this new frontier in U.S. renewable energy is seen as essential to meet power demands for data centers and the electrified economy.