Reinsurers , such as Hannover Re , Munich Re and Swiss Re are looking to new , underinsured markets , such as cyber risk , to provide opportunities for growth . Cyber insurance is projected to triple to $ 500 in annual premiums by 2020 , says a new report , and some of the reinsurers say that closing the huge protection gap , by making more natural disasters insurable , may help to stabilise risk levels . Furthermore , some experts see a trend of greater losses from natural disasters , following several benign years , with natural disasters in emerging markets tending to be under - represented , thereby providing a good growth opportunity .
Reinsurers, such as Hannover Re, Munich Re and Swiss Re are looking to new, underinsured markets, such as cyber risk, to provide opportunities for growth. Cyber insurance is expected to triple to $7.5bn in annual premiums by 2020, says a new report, and some of the reinsurers say that closing the huge protection gap, by making more natural disasters insurable, may help to stabilise price levels. Furthermore, some experts see a risk of greater losses from natural catastrophes, following several benign years, with natural disasters in emerging markets tending to be under-insured, thereby providing a good growth opportunity.