Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)
AI hyperscale data centers are exposed to a dizzying array of potential threats during construction and operation
Global premiums for insuring data centers are expected to reach $20 billion to $30 billion per year by 2030, according to Swiss Re. The US is home to a significant portion of the world's data center capacity, with around 40 percent of it located in tornado-prone areas. This makes data centers vulnerable to various threats, including natural disasters, during construction and operation.
The insurance industry is preparing for the potential risks associated with data centers, particularly those related to extreme weather events.
The US Federal Reserve's potential interest rate hike and inflation data release are being closely watched by investors, but this information is unrelated to data centers and insurance.
Brief written by urgent.news from Techmeme, The Economic Times - Top News — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
