Moody's Corporation announced that specialist Lloyd's re/insurance group, Apollo, has licensed six of its high-definition catastrophe models. The models, which cover perils such as floods, wildfires, and windstorms in Europe and North America, will be delivered through Moody's cloud-native Intelligent Risk Platform. This will support Apollo's data-driven underwriting and portfolio management strategies. According to Apollo's Chief Risk Officer, Vinay Mistry, the models are integral to building the company's proprietary 'View of Risk' and will be integrated into their underwriting and portfolio management. The deal reinforces Moody's strategy of expanding its suite of risk-assessment tools and analytics for the insurance industry, a key growth area for its Moody's Analytics division. There was no significant market reaction analysis available regarding this announcement.