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Next Insurance gets scooped up by Munich Re for $2.6B
Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion.
However, Next says it generated “a top line of $548 million” in 2024, has more than 600,000 customers, and employs roughly 700 people. The deal is expected to close in the third quarter of 2025, subject to regulatory approvals and customary conditions. His writing has appeared in VentureBeat and Digital Trends, as well as a range of gadget blogs including Android Police, Android Authority, Droid-Life, and XDA-Developers.
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