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Munich Re Plans To Acquire At-Bay For $575M

Munich Re is acquiring Israeli insurtech At-Bay for an enterprise value of $575 million, integrating it with HSB to offer continuous cyber risk monitoring and proactive risk mitigation as part of a broader shift toward integrated cyber risk platforms. The deal, expected to close in the first quarter of 2027, cements At-Bay as a top-10 US cyber insurer with substantial funding and a broad investor base, including Microsoft’s M12 and Lightspeed, among others.

7 sources

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BusinessJul 26, 2026

US tariffs Singapore; Allianz buys HSBC Singapore insurer

The US has imposed a 12.5% tariff on Singapore over forced-labor concerns, while Allianz agreed to buy HSBC’s Singapore Life unit for about US$2.9 billion, reflecting a broader push to streamline portfolios in Singapore. HSBC’s sale, including a 15-year exclusive bancassurance distribution deal, is part of its strategy to free capital and focus on core markets, potentially boosting CET1 and enabling higher returns.

39 sources

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FinanceJul 26, 2026

Global Mortgage Rates Rise Amid Geopolitics

Global mortgage costs are firming as swap rates climb amid Middle East tensions, with UK lenders like Halifax, HSBC, and Barclays lifting pricing and removing sub-4% deals, while US rates have climbed to about 6.55% for a 30-year fixed, dampening buyer demand. The trend extends to other markets, including the Czech Republic, where rate volatility continues to push up borrowing costs and mortgage pricing.

50 sources

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