Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion.

Munich Re agreed to buy Next Insurance in a deal valuing the US-based startup at $2.6 billion. Next Insurance, which is ...

Germany’s Munich Re has reached a definitive agreement to acquire 100% of NEXT Insurance shares, valuing the business at ...

The German reinsurer on Thursday said the acquired business will become part of ERGO, the main insurance business of Munich ...

Next Insurance founders Nissim Tapiro Guy Goldstein Alon Huri source PR Munich Re, a global leader in insurance and ...

Munich Re is buying the 71% of Next Insurance that it does not already own, through Ergo Group, its main insurance unit. The ...

Munich Re has sealed a deal to acquire Next Insurance in a transaction that values the start-up’s equity at $2.6bn, in the latest of a series of moves towards consolidation in the insurance sector.

Credit rating agency AM Best has placed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit ...

Giulio Terzariol said there will be fewer insurance companies in 10 or 20 years, adding weaker players could become takeover ...

Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

Next Insurance, which is headquartered in Palo Alto, California, will become part of Munich Re’s primary insurance unit Ergo upon completion of the transaction, which is expected in the third ...