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Moody's completed the acquisition of RMS from Daily Mail and General Trust for $2bn.

Synopsis

Moody's, an American business and financial services company, completed the acquisition of RMS, a global provider of climate and natural disaster risk modeling and analytics, from Daily Mail and General Trust for $2bn. “In the context of a global pandemic, the climate crisis and increasing cyberattacks, our customers must manage a wider range of risks than ever before. We are excited to add RMS and its team of world-class data scientists, modelers and software engineers to the Moody’s family to help accelerate solutions that enable customers to build resilience and make better decisions," Rob Fauber, Moody President and CEO.

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