Synthetik Calls for Engineering‑Based PML Methodology to Manage Data‑Centre PVT Risk

Synthetik has emphasized the need for a new risk framework for data centres. The company recommends an engineering‑based probabilistic maximum loss (PML) model. This approach targets the specific PVT (physical‑vulnerability‑technology) risk profile. Global Reinsurance published the commentary highlighting the proposal. Advocates say the model improves accuracy over traditional methods. Implementing the methodology could affect underwriting practices. Industry stakeholders are expected to evaluate its feasibility. Adoption may influence future data‑centre insurance standards.