Moody’s Acquires Praedicat, Adding Casualty and Liability Modeling Capabilities
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) announced today that it has acquired Praedicat, a leading provider of casualty insurance analytics. The acquisition adds comprehensive casualty and liability modeling to Moody’s range of market leading solutions for the insurance industry, further enhancing its overall risk assessment strategy.Praedicat’s models and predictive analytics help insurers and reinsurers navigate risks associated with catastrophic events, including product and environmental liabilities. Moody’s will integrate Praedicat’s capabilities into its existing suite of insurance solutions, providing casualty insurance industry customers with a holistic approach to understanding their risk exposure.“As losses from catastrophic events are increasing, insurers are constantly looking for science-based casualty data and analytics,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “Praedicat’s industry-leading liability modeling enhances our d
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MCO
Earnings
- 7/24/24 - Beat
MCO
Sec Filings
- 9/10/24 - Form 4
- 9/10/24 - Form 4
- 9/10/24 - Form 4
- MCO's page on the SEC website