Banks Turn to Insurers to Offload Risk on Data Center Debt

Summary

Banks are looking to insurers to take on credit risk from loans that finance artificial intelligence infrastructure. Bloomberg reported on October 28 that Barclays is seeking to buy default protection on more than $10 billion of debt used to finance AI infrastructure, a move it says would create capacity for more lending as hyperscaler funding needs soar. Bloomberg reported on October 29 that HSBC is looking to offload credit risk on data center loans to insurers as demand for AI-related finance continues to grow.

Timeline

1. Bloomberg

   28 Oct 2026, 14:00 UTCSource ↗

   Bloomberg reports that Barclays is looking to buy default protection on more than $10 billion of debt financing AI infrastructure, to create capacity for more lending as hyperscaler funding needs soar.

2. Bloomberg

   29 Oct 2026, 12:20 UTCSource ↗

   Bloomberg reports that HSBC is looking to offload credit risk on data center loans to insurers as demand for AI-related finance continues to grow.