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

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

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 ...

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

Munich Re agreed to buy Next Insurance in a deal valuing the US-based startup at $2.6 billion.Most Read from BloombergNew ...

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.

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 ...

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

FRANKFURT (Reuters) -Munich Re is buying the 71% of Next Insurance that it doesn't already own, strengthening its foothold in the United States and valuing the California-based company at $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 headquartered in Palo Alto, California, will become part of Munich Re’s ...