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Moody’s has agreed to acquire the RMS analytics unit of the publisher of the Daily Mail for about $2 billion in a move to add disaster and climate-change risk modeling to its solutions for the insurance industry.
RMS, which stands for Risk Management Solutions, is a pioneer of the catastrophic risk business, running more than 400 models covering 120 countries that property and casualty insurers use to better understand, measure, and manage risk.
According to Moody’s, the acquisition will immediately increase its insurance data and analytics...