04:22 AM EDT, 08/19/2026 (MT Newswires) -- Munich Re (MUV2.F) said Wednesday it agreed to buy US-based insurance technology company At-Bay at an enterprise value of $575 million. The German reinsurance group said the purchase of the cyber insurance and cybersecurity solutions provider will improve its position in the cyber market, particularly for small and medium-sized enterprises. At-Bay will be overseen by Hartford Steam Boiler, which is part of Munich Re's Global Specialty Insurance business. Completion of the transaction is expected in the first quarter of 2027, subject to the approval of relevant regulators, among other customary conditions.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.