Munich Re agrees to acquire cyber MGA At-Bay

The proposed transaction would bring At-Bay into Munich Re Group, subject to closing conditions.

Munich Re · At-Bay disclosed the development in a public announcement dated 2026-08-19. The MGA Index has classified the item under M&A, with its principal market relevance in Global.

The development should be read in the context of the delegated insurance market’s continuing focus on underwriting specialization, durable capacity and disciplined execution. Its longer-term significance will depend on how the announced plans are implemented and whether additional commercial details are disclosed.

The MGA Index will update this report if the organization publishes material terms, implementation milestones or related regulatory information.