Moody's boosts risk assessment capabilities with Praedicat purchase [Yahoo! Finance]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: Yahoo! Finance
Financial details of the transaction were not revealed. This move aims to bolster Moody's insurance industry offerings by adding comprehensive casualty and liability modelling to its suite of solutions. Praedicat's models and predictive analytics are designed to assist insurers and reinsurers in managing risks from catastrophic events, including product and environmental liabilities. Moody's plans to integrate these capabilities into its existing insurance solutions, offering customers a more holistic view of their risk exposure. Moody's president and CEO Rob Fauber said: “As losses from catastrophic events are increasing, insurers are constantly looking for science-based casualty data and analytics. Praedicat's industry-leading liability modelling enhances our data and analytics capabilities to deliver actionable insights that will help the casualty insurance industry customers navigate the complex risk landscape.” In a blog post, Praedicat CEO and co-founder Robert Revill
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News
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- Moody's Co. (NYSE: MCO) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- It looks like the commercial real estate market has finally bottomed out — and experts say it's time to invest [Business Insider]Business Insider
- Moody's Co. (NYSE: MCO) had its price target raised by analysts at Barclays PLC from $500.00 to $570.00. They now have an "overweight" rating on the stock.MarketBeat
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