Moody's Ratings assigns Baa1 rating to Verisk's new senior unsecured notes
Moody's Ratings (Moody's) assigned a Baa1 rating to Verisk Analytics, Inc.'s (Verisk, the company) proposed benchmark senior unsecured notes due 2031 and 2036. The outlook remains unchanged at stable. Net proceeds from the debt issuance will be used for general corporate purposes including financing...Verisk Analytics is a data analytics provider serving customers in insurance, energy and specialized markets, and financial services. The company has three segments: Insurance, which provides underwriting and ratings and claims insurance data for the United States property and casualty insurance industry; Energy and Specialized Markets, which provides research and consulting data analytics for the global energy, chemicals, and metals and mining industries; and Financial Services, which provides benchmarking, decisioning algorithms, business intelligence, and customized analytic services to financial institutions, payment networks and processors, alternative lenders, regulators and merchants.
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