[Insurance brokerage Marsh calls on the Federal Reserve to reduce banks’ capital provision requirements for insured AI loans] November 12th, the world’s largest insurance brokerage Marsh & McLennan Cos. is lobbying U.S. regulators to allow banks to provide less capital for loans covered by credit risk insurance. Banks are looking for new ways to reduce their exposure to data center-related risks. Azi Larsen, managing director of the company's credit specialty business, said there has been a surge in demand for risk hedging in AI-related financing, but U.S. banks have traditionally relied more on other instruments because buying insurance cannot help them release regulatory capital. "We have been doing a lot of advocacy and lobbying on this issue in the United States," Larsen said. "Hopefully we will get a positive response from U.S. regulators by the end of the year."