tropical storm

Risk assessment platform bolstered

Category: ABS Insurance-linked securities

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Sector developments and company hires

Risk assessment platform bolstered
Moody's is set to acquire climate and natural disaster risk modeling and analytics firm RMS from Daily Mail and General Trust for approximately US$2bn. The acquisition will immediately increase Moody’s insurance data and analytics business to nearly US$500m in revenue and accelerate the development of the company’s global integrated risk capabilities to address the next generation of risk assessment.

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