Monte Carlo #49 - Daniel Raizman: Data Centres Are Reinsurance's Biggest Growth Bet

Somewhere between eight and ten trillion dollars is heading into data centres by 2030. The reinsurance market's response so far has been to argue about how to code the occupancy. Daniel Raizman of Aon joins Ben at Monte Carlo to talk through the market's largest growth opportunity, and why "name your three biggest concentrations" is the question nobody wants to be asked twice.

WHAT YOU'LL LEARN:

- Why a $13bn premium pool in 2026 becomes roughly $29bn by 2030, and what the market has to do to actually write it

- How to find data centre exposure inside a portfolio when the only thing you've been given is a geocode

- Why reinsurers are now asking cedents to name their three largest concentrations, and what it takes to answer

- What the chips and GPUs inside a campus do to its value once the compute goes in

- Why the most expensive data centre loss might involve no physical damage at all

TIMESTAMPS:

00:00 Intro

00:34 Daniel Raizman on Aon's data centre and digital infrastructure push

01:37 The $10 trillion capex wave and the $29bn premium prize

02:30 6,500 data centres already exist, so what actually changed

03:16 Inside a live build: 5,000 workers a day and the contents problem

04:11 Why data centre risk is coming off balance sheets

05:10 Identifying data centre exposure when all you have is a geocode

05:53 The three-concentrations question reinsurers keep asking

06:54 Dive straight in, or get a grip on exposure first

07:38 Triaging sites for wind, seismic and extreme heat

08:15 Fire, tornadoes and the perils that actually bite

09:00 The uptime penalties that dwarf the physical damage

10:02 Where the capital needs to go next

EPISODE LINKS:

Daniel's LinkedIn: https://www.linkedin.com/in/danielraizman/

Aon: https://www.aon.com/

CONNECT WITH US:

Say Hello: ⁠producer@thereinsurancepodcast.com⁠

Website: ⁠https://www.supercede.com⁠

LinkedIn: https://www.linkedin.com/company/supercedehq

Twitter: ⁠https://twitter.com/SupercedeHQ⁠

YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠

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