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Munich Re enters $2.6bn deal for NEXT Insurance buyout
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 Re.
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 ...
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 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 ...
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 agreed to buy Next Insurance in a deal valuing the US-based startup at $2.6 billion.Most Read from BloombergNew ...
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...
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 ...