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Data CentersGlobal reinsurer SCOR has joined a consortium of more than 10 leading re/insurers to back a recently launched insurance facility designed to support artificial intelligence (AI) and data centre infrastructure. Introduced by Advanced Technology Assurance (ATA), and valued at up to $750 million, this facility is described as the first of its kind to integrate multiple traditional and new lines of insurance under a single multi-line policy. The AI …See the Story
SCOR supports major new AI infrastructure insurance facility as lead insurer

SatellitesThe European Space Agency’s [ESA] Business Applications and Space Solutions [BASS] has signed a Memorandum of Intent [MoI] with Liberty Mutual Reinsurance [LM Re], part of Liberty Mutual Insurance Group. A spokesperson said, “The agreement marks the start of a three-year collaboration aimed at exploring how space applications can help create parametric insurance solutions to protect […]See the Story
