Moody’s to acquire CAPE Analytics, adds AI-powered geospatial property risk intelligence to its insurance risk models

“By combining our CAT risk models with CAPE’s AI-powered property risk intelligence, we will provide our customers with the most advanced property risk analytics available in the industry, enhancing insights and decision-making across the insurance lifecycle,” said...

Spain floods to trigger total insurance losses in excess of $3.8 billion, will have limited impact on local re/insurers

Another rating agency S&P has said the catastrophic flash floods that hit the Valencia region on Oct. 29 will have limited effects on private insurers and reinsurers. Around 4,500 businesses in the Valencia area have been directly affected, half of which face...