Let's get physical - and watch those insurance premiums soar as the AI driven CapEx super-cycle goes into over-drive
The physical economy is back as data centers become strategic infrastructure. So says, Jérôme Haegeli, Group Chief Economist at Swiss Re and Head of the Swiss Re Institute.
Swiss Re Ltd is a Swiss reinsurance company founded in 1863 and headquartered in Zürich, Switzerland. It is one of the world's largest reinsurers, as measured by gross premiums written. Swiss Re operates through around 80 offices in 29 countries and employs over 14,000 people. The Institute is its research arm which produces macro-economic and insurance data, forecasting and scenarios, and thought leadership on emerging risks.
According to Swiss Re Institute's latest sigma report "Time to build: Expanding the frontier of insurability for the capex super-cycle”, there are huge amounts of global capital flowing into physical infrastructure investment, with AI data centers alone counting for $91 billion spend in commercial P&C (Property & Casualty). Such investments are turning data centers...
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