Munich Re Taps Into U.S. Market With $2.6 Billion NEXT Insurance Acquisition
The German reinsurer on Thursday said the acquired business will become part of ERGO, the main insurance business of Munich ...
Munich Re’s Ergo to Buy Next Insurance in $2.6 Billion Deal
Munich Re agreed to buy Next Insurance in a deal valuing the US-based startup at $2.6 billion. Next Insurance, which is ...
Next Insurance gets scooped up by Munich Re for $2.6B
Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion.
Reinsurance News8d
AM Best places Next Insurance’s ratings under review following Munich Re acquisition
Credit rating agency AM Best has placed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit ...
Globes13d
Munich Re buys Israeli insurtech co Next at $2.6b valuation
Munich Re is buying the 71% of Next Insurance that it does not already own, through Ergo Group, its main insurance unit. The ...
UBS Reaffirms Their Hold Rating on Munich Reinsurance (0KFE)
In a report released today, William Hardcastle from UBS maintained a Hold rating on Munich Reinsurance (0KFE – Research Report), with a price ...
Goldman Sachs downgrades Munich Reinsurance (0KFE) to a Hold
Munich Reinsurance (0KFE – Research Report) received a Hold rating and a €573.00 price target from Goldman Sachs analyst Andrew Baker today.
Reuters on MSN13d
Germany's Munich Re to Buy $2.6 Billion Next Insurance
FRANKFURT (Reuters) -Munich Re is buying the 71% of Next Insurance that it doesn't already own, strengthening its foothold in ...
Reuters14d
Germany's Munich Re to buy $2.6 billion Next Insurance
FRANKFURT, March 20 (Reuters) - Munich Re (MUVGn.DE), opens new tab is buying the 71% of Next Insurance that it doesn't already own, strengthening its foothold in the United States and valuing the ...