Daily Digest: Data centre boom tests insurers, London Club hikes rates, Marine insurers and EV risks

Catch up on the essential news and analysis from the Insurance Day experts

Data centre boom brings opportunity and new challenges for insurers The rapid build-out of data centres worldwide is creating one of the most significant new markets insurers have seen in decades: construction pipelines are expanding, the value of individual projects is rising sharply and operators are producing more real-time performance data than any previous generation of infrastructure. At the same time, the technical and operational dependencies of facilities driven by artificial intelligence (AI) are introducing risks that do not fit neatly into traditional property or construction models. The scale of investment is massive. Analysts expect close to $7trn in global data centre spending by 2030 as AI capacity requirements accelerate.