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Small Business Insurer Next Sold to ERGO for $2.6 Billion

German insurance giant ERGO is expanding into the U.S. after acquiring Next Insurance. The $2.6 billion deal, announced in a news release Friday (March 21), will allow ERGO — owned by Munich Re — to target...

MunichRe NEXT Investor Presentation 2025 03 20 – Insurance News

Yuichiro Chino / Getty Images Munich Re Group Increase of stake in NEXT Insurance to 100% 20 March 2025 Key takeaways Acquisition of NEXT Insurance marks a big step to enter the so far untapped and attractive SMB1 market in the US with a market premium volume of...

BlackRock invest in Viridium Group

Allianz, BlackRock and T&D Holdings invest in Viridium Group. Generali Financial Holdings1and Hannover Re remain investors in Viridium joining the Consortium. Cinven will exit its investment after more than ten years Viridium will continue to operate as an independent, stand-alone platform for the management...