Munich Re Group agrees to acquire At-Bay
The deal, valued at $575 million, will add cyber insurtech capabilities and be overseen by Hartford Steam Boiler.
See the latest news and media coverage for Munich Re. We track all announcements, press releases, and industry mentions in real time, all in one place.
Global reinsurance and primary insurance group
munichre.comLast updated
In short: Munich Re reported a €3.9bn half-year profit and agreed to acquire cyber insurtech At-Bay for $575m amid softening market conditions.
The deal, valued at $575 million, will add cyber insurtech capabilities and be overseen by Hartford Steam Boiler.
The media release details the company's earnings and key performance indicators for Q2 and the first half of 2026.
The result exceeded the consensus estimate of €1.786bn, supported by strong operational performance and low major-loss expenditure. H1 net profit of €3.9bn puts the company on track for its annual target of €6.3bn.
Q2 net result reached €2.2bn, with annual guidance unchanged at €6.3bn. Strong investment results and low major-loss expenditure drove performance.
Munich Re faces ~5% reinsurance price declines in 2026 renewals while mid-sized catastrophe losses hit USD 104bn, testing its EUR 6.3bn profit target.
Munich Re Group is pleased to announce that it has agreed to acquire At-Bay, Inc., a U.S.-based insurtech company that provides cyber insurance and proactive...
The large reinsurers are trying to contain the further price decline in property and casualty business at the industry meeting in Monte Carlo. For example, the world market leaders Munich...
National Munich Re Group, At-Bay Inc. Munich Re Group agreed to acquire cyber insurtech At-Bay Inc. for $575 million. The cyber insurance and managed...
Track Munich Re and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Munich Re and other trending companies.