Time to build Expanding the frontier of insurability for the capex super-cycle

2026

Open publication workspace · Sign in to read the full PDF.

AI-generated summary

1) This Swiss Re Institute report analyzes how the global capital expenditure super-cycle—driven by energy infrastructure, AI data centers, and advanced manufacturing—reshapes commercial insurance demand and tests traditional boundaries of insurability through increased risk concentration and network dependencies.
2) What's inside:
- An assessment of how the capex super-cycle expands commercial P&C growth opportunities, generating billions in cumulative premiums for data centers and renewable energy across project lifecycles.
- An analysis of emerging risk accumulation channels, highlighting how single-risk severity, geographic clustering, supply chain bottlenecks, and network interdependencies drive correlated losses.
- Strategic guidance for stakeholders on expanding insurability boundaries through engineering-led underwriting, enhanced data sharing, portfolio accumulation management, and advanced risk-sharing structures like layering and syndication.
3) Tags: insurance, capex, risk accumulation, infrastructure, insurability

Check the original publication for accuracy and context.