Feb. 15 (Bloomberg) — Munich Re, the world’s largest reinsurer, may generate 500 million euros ($658 million) in annual revenue within five years from insuring renewable energy projects, including protecting against the risk that their solar suppliers become insolvent.

If solar module output falls below guaranteed levels and the manufacturer is unable to meet liabilities because of insolvency, Munich Re will protect the project investor, management board member Thomas Blunck said.

via Munich Re Sees $658 Million in Renewable Energy Insurance Sales – Businessweek.