Moody’s to Acquire Geospatial AI Firm CAPE Analytics January 13, 2025 By Andrew G. Simpson Moody’s Corp. has agreed to acquire CAPE Analytics, which provides geospatial AI intelligence for residential and commercial properties. Moody’s said...
Moody’s Global P/C Outlook Now Stable Despite Past-Peak Commercial Pricing January 7, 2025 By Susanne Sclafane Moody’s Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to...
Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion November 8, 2024 By Macarena Munoz The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total...
Moody’s: Private Market Insured Losses From Francine to Not Exceed $2B September 18, 2024 U.S. private market insured losses from Hurricane Francine are estimated to not exceed $2 billion, Moody’s RMS Event Response team...
Moody’s, Amwins Expect Continued Cyber Market Growth September 12, 2024 By Allen Laman Two organizations recently expressed optimism that the softening cyber market that emerged in 2023 will remain favorable into the future....
Moody’s: Insurers and Asset Managers Bolstering Cyber Defenses September 10, 2024 Insurers and asset managers worldwide continue to focus on cybersecurity amid growing risks, according to findings from a Moody’s Ratings...
Moody’s Acquires Praedicat to Add Casualty and Liability Models September 5, 2024 Moody’s Corp. today said it acquired analytics firm Praedicat. The acquisition adds casualty and liability modeling to Moody’s range of...
SEC’s WhatsApp Probe Expands as Rating Agencies Hit With Fines September 4, 2024 By Lydia Beyoud Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating...
Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage July 22, 2024 By Chad Hemenway Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley...
Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s July 16, 2024 By Ezra Amacher U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s...