Moody's (MCO) Acquires Praedicat
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Moody’s Acquires Praedicat, Adding Casualty and Liability Modeling Capabilities
September 5, 2024 7:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Moodys 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 Moodys range of market leading solutions for the insurance industry, further enhancing its overall risk assessment strategy.
Praedicats models and predictive analytics help insurers and reinsurers navigate risks associated with catastrophic events, including product and environmental liabilities. Moodys will integrate Praedicats capabilities into its existing suite of insurance solutions, providing casualty insurance industry customers with a holistic approach to... More
