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Verisk Analytics, Inc. -- Moody's rates Verisk note at Baa2

Moody's Investors Service ("Moody's") assigned a Baa2 rating to Verisk Analytics, Inc.'s ("Verisk") announced senior unsecured note due 2029. The Baa2 senior unsecured rating reflects Verisk's recurring and growing subscription revenue model with longstanding customers supported by its highly scalable, comprehensive, and hard-to-duplicate P&C claims database. Moody's expects debt to EBITDA below 2.5 times in 2019 and over $600 million of free cash flow after about $160 million from the recently-announced quarterly cash dividend to shareholders.