China looks to accelerate the development of the Shanghai International Reinsurance Center
The State Financial Regulatory Commission and the Shanghai Municipal People’s Government have issued a joint notice for the re/insurance industry outlining measures to accelerate the development of the Shanghai International Reinsurance Center. The Shanghai International Reinsurance Center officially launched in October 2024, building on the establishment of the international board for reinsurance trading, and the […]
Insurance capacity constraints for data centres to drive ILS use: S&P
With capacity constraints likely to limit the insurance industry’s ability to fully insure hyperscale data centre projects, given their scale and complexity, a new report from S&P notes that this will drive greater use of self-insurance through captive insurers, and potentially, alternative capital such as insurance-linked securities (ILS). The rating agency’s latest report suggests that […]