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MUNICH RE BUYS AT-BAY FOR $575M

German insurance giant Munich Re is acquiring cybersecurity insurance provider At-Bay for $575 million, marking a significant consolidation in the cyber insurance market as traditional insurers move to strengthen their digital risk portfolios.

1 SOURCEFIRST SEEN AUG 20, 12:40 AM► READ THE ARTICLE

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German insurance giant Munich Re agrees to acquire cyber insurance provider At-Bay for $575M; At-Bay has raised $276M and was last valued at $1.35B in 2021 (Meir Orbach/CTech)

Meir Orbach / CTech: German insurance giant Munich Re agrees to acquire cyber insurance provider At-Bay for $575M; At-Ba…

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