Moody’s Completes Acquisition of RMS

Rhea-AI Summary

Moody’s Corporation (NYSE:MCO) has successfully completed its acquisition of RMS, announced on August 5, 2021. RMS specializes in climate and natural disaster risk modeling and analytics, enhancing Moody’s capabilities in insurance data and analytics. This strategic move aims to accelerate the development of integrated risk solutions, positioning Moody’s to better address modern risk assessment needs.

Positive

• Acquisition of RMS strengthens Moody's insurance analytics business.
• Enhances Moody's integrated risk capabilities for climate-related evaluations.
• Positioned to meet next-generation risk assessment demands.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Moody’s Corporation (NYSE:MCO) announced today that it has completed its acquisition of RMS, which was announced on August 5, 2021. RMS is a leading global provider of climate and natural disaster risk modeling and analytics.

The acquisition expands Moody’s insurance data and analytics business and accelerates the development of the Company’s global integrated risk capabilities to address the next generation of risk assessment.

For more information visit Moody’s ESG & Climate Risk hub at www.moodys.com/esg

ABOUT MOODY’S CORPORATION

Moody’s (NYSE: MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With over 11,500 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets. Learn more at moodys.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210915005275/en/

For Moody’s:

SHIVANI KAK

Investor Relations

+1 212-553-0298

Shivani.kak@moodys.com

OR

JOE MIELENHAUSEN

Communications

+1 212-553-1461

joe.mielenhausen@moodys.com

Source: Moody’s Corporation Investor Relations

FAQ

What was the purpose of Moody's acquisition of RMS?

The acquisition aimed to enhance Moody’s insurance data and analytics business and accelerate its integrated risk capabilities.

When was the acquisition of RMS by Moody's announced?

The acquisition was announced on August 5, 2021.

What does RMS specialize in?

RMS is a leading global provider of climate and natural disaster risk modeling and analytics.

How will the acquisition impact Moody's risk assessment capabilities?

The acquisition expands Moody's ability to address next-generation risk assessments, particularly regarding climate risks.