Data centers in space could be a new frontier for insurers — if they can price the risk
CNBC·- Technology companies and space firms are planning to deploy orbital AI data centers, creating a potential new multibillion-dollar asset class for insurers. - While the current space insurance market generates up to $750 million in annual premiums, scaling coverage for hundreds of billions of dollars in orbital infrastructure presents unprecedented challenges. - Insurers face significant difficulties in pricing and modeling these risks due to regulatory gaps, technical uncertainties like space debris, and a lack of historical data.