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flag Moody's acquires CAPE Analytics to boost property risk analysis for insurers and financial firms.

flag Moody's Corporation is set to acquire CAPE Analytics, a company that specializes in geospatial AI for analyzing property risks. flag This merger will enhance Moody's ability to provide detailed risk insights for properties, aiding insurance companies and financial stakeholders in assessing risks related to natural hazards. flag The deal is expected to close in the first quarter of 2025, pending customary conditions.

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