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0.00146521614882674 0.00182681934448984 0.000969303194774501 -0.00166523437362786 -0.00316330475566065 -0.00660370087439796 -0.0106743197055765 -0.0139390799864203
Stock impact report

Moody's Acquires Praedicat to Enhance Insurance Solutions [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
The details of the transaction have been kept under wraps. Strategic Rationale Behind Moody's Acquisition This deal strengthens Moody's overall risk assessment strategy by adding comprehensive casualty and liability modeling to its portfolio of market-leading solutions for the insurance industry. MCO will incorporate Praedicat's models and predictive analytics into its existing insurance solutions product suite, enabling casualty insurance industry customers to navigate risks tied to catastrophic events. This allows its clients to comprehend their risk exposure with a holistic approach. Rob Fauber, president and CEO of Moody's, stated, “Praedicat's industry-leading liability modeling enhances our data and analytics capabilities to deliver actionable insights that will help the casualty insurance industry customers navigate the complex risk landscape.” The impact of this transaction will be immaterial to Moody's 2024 earnings. This move complements the RMS acquisition in 20 Show less Read more
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