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)

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https://www.techmeme.com/260819/p49#a260819p49" title="Techmeme permalink">http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /> Meir Orbach / https://www.calcalistech.com/">CTech:

https://www.calcalistech.com/ctechnews/article/3icwf2pbx">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  —  The German insurance giant is buying the cyber insurtech at less than half its 2021 valuation, as insurers increasingly seek …