Insurance — Aon Expands Data Center Insurance to $3.5B as Hedge Fund ILS Allocations Hit Record $136B, Signaling Capital Realignment Around Tech and Cat Risk

Insurance · 2026-04-15

TODAY'S SIGNAL — The insurance industry is recalibrating around two dominant forces: the explosion of data center infrastructure and the structural shift in how catastrophe risk is capitalized. Aon's expansion of its Data Center Lifecycle Insurance Program to $3.5 billion — with coverage now extending beyond first-year operations — reflects a market racing to keep pace with AI-driven buildouts…