Zurich Insurance data indicate severe weather has become the leading cause of losses in its U.S. data center builders' risk portfolio over the past three years, accounting for one-third of claims. Head of International Construction Patrick McBride stated that $3 billion in assets now carry more than a mile of exposure to such events. A First Street study cited in the same reporting found 79 percent of global data center capacity faces elevated risks from flooding, extreme winds, and wildfires.