CTech · Meir Orbach ·
German insurance giant Munich Re agrees to acquire cyber insurance provider At-Bay for $575M; At-Bay has raised $276M and was last valued at $1.35B in 2021
The German insurance giant is buying the cyber insurtech at less than half its 2021 valuation, as insurers increasingly seek …
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Reuters: Reuters
Munich Re: Munich Re
Globes: Globes
RuntimeWire: RuntimeWire
Insurance Business: Insurance Business
Dow Jones Newswires: Dow Jones Newswires
Insurance Journal: Insurance Journal