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Finance & Markets

AI Data Centers Are on Track to Fuel ‘Explosive’ Growth in Captive Insurance

A form of self-insurance often associated with mining, oil and other environmentally risky sectors is quietly transforming the market for physical-risk coverage, thanks to the rise of mega AI data centers. Captives — whereby firms sidestep traditional insurers and instead …

AI Data Centers Are on Track to Fuel ‘Explosive’ Growth in Captive Insurance

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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Swiss Franc weakens as US Dollar gains on Fed rate hike odds

USD/CHF extends its winning streak for the fourth consecutive day, trading around 0.8180 during Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains support amid aggressive Federal Reserve (Fed) rate-hike bets for Wednesday’s decision following hotter US inflation reports.

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