About Munich Re
Munich Re is a global provider of reinsurance, primary insurance, and insurance-related risk solutions. Its group includes the reinsurance and ERGO business segments, along with the capital investment company MEAG, and it operates across all lines of the insurance business.
Businesses, institutions, and private individuals turn to the company for financial protection against major losses and unusual risks. That coverage spans events and exposures such as earthquakes, hurricane seasons, rocket launches, renewable energy projects, cyber attacks, and pandemics, supported by tailored risk solutions and insurance services.
Founded in 1880 and headquartered in Munich, Bavaria, Germany, Munich Re has more than 10,001 employees. It also plays a role in the digital transformation of insurance, expanding its risk assessment capabilities and service range through technology and specialized expertise.
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Insights
Updated 24 Aug 2026Munich Re looks to be taking a selective M&A approach to build out its cyber insurance position. Israeli cyber insurer At-Bay is being sold to Munich Re for $575 million, and At-Bay’s CEO said the deal rewards investors, employees and years of growth. That points to a buyer willing to pay for scale and capability in a segment where demand still matters strategically.
Pricing in the wider commercial insurance market is getting more competitive, but the shift is uneven. Marsh reported that global commercial insurance rates fell 6% on average in the second quarter of 2026, with property and cyber cover getting cheaper while casualty rates rose, and insurers remain selective on catastrophe-exposed buildings, hazardous operations and businesses with poor claims records. The result is discipline, not a broad softening.
For investors and customers, the picture is mixed but still constructive. Lower rates can help budgets in some lines, while higher casualty costs and underwriting selectivity support pricing power in harder risk classes. Munich Re’s acquisition of At-Bay also signals confidence in cyber growth, even with softer pricing in parts of commercial insurance.
Frequently asked questions
Munich Re is headquartered in Munich, Bavaria, Germany.
Munich Re has 10001+ employees according to its company profile.
Munich Re operates in the Insurance sector. Public valuation figures are not always disclosed for private companies.