Acquisition History / Munich Re / At-Bay

Munich Re Acquires At-Bay

Announced August 19, 2026 — $575M

Munich ReCyber insurance / insurtech2026

What happened

At-Bay is an Israeli-founded cyber insurtech combining coverage with technology to prevent cyber losses. German reinsurer Munich Re agreed to acquire it for US$575M, less than half its 2021 valuation.

Acquirer
Munich Re
Target
At-Bay
Announced
August 19, 2026
Price
$575M
Industry
Cyber insurance / insurtech
Buyer type
Strategic acquirer
Status
Announced, not yet closed

By the numbers

Munich Re's acquisition history
1st of 1 tracked deals
Disclosed prices
1 of 1 Munich Re deals
Munich Re's average disclosed price
$575M
Munich Re's largest disclosed deal
At-Bay ($575M)
Tracked acquisitions in 2026
397 across all acquirers
Munich Re in Cyber insurance / insurtech
1 acquisition

Frequently Asked Questions About This Acquisition

When did Munich Re acquire At-Bay?

Munich Re acquired At-Bay on August 19, 2026. This was Munich Re's 1st publicly tracked acquisition out of 1 we have on record.

How much did Munich Re pay for At-Bay?

Munich Re paid $575M for At-Bay.

What does At-Bay do?

At-Bay is an Israeli-founded cyber insurtech combining coverage with technology to prevent cyber losses. German reinsurer Munich Re agreed to acquire it for US$575M, less than half its 2021 valuation.

What other Cyber insurance / insurtech companies has Munich Re acquired?

At-Bay is Munich Re's only publicly tracked acquisition in Cyber insurance / insurtech so far.

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