Verisk Company profile
About Verisk Analytics, Inc.
Verisk Analytics, Inc. is a data analytics company. The Company offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, commercial banking and finance, and many other fields. Its business segments include Insurance, Energy and Specialized Markets, and Financial Services. The Insurance segment serves property and casualty (P&C) insurance customers and focuses on the prediction of loss, the selection and pricing of risk, and compliance with their reporting requirements; The Energy and Specialized Markets segment provides research and consulting services focusing on exploration strategies and screening, asset development and acquisition, commodity markets, and corporate analysis; The Financial Services segment maintains the bank account consortia to provide benchmarking, decisioning algorithms, business intelligence, and customized analytic services.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Verisk Analytics, Inc. revenues increased 8% to $3B. Net income applicable to common stockholders decreased 7% to $666.2M. Revenues reflect Insurance segment increase of 11% to $2.21B, Energy and Specialized Markets segment increase of 1% to $648.9M, United States (Country) segment increase of 7% to $2.29B, Other Countries segment increase of 8% to $508.7M.
Equity composition
Common Stock $.001 Par, 04/11 1.2B auth., 152,557,291 issd., Class B(Series 1) $.001 Par, 400M auth., 198,327,962 issd. ClassB(Series 2) $.001 Par, 400M auth 193,665,008 issd., less 374,350,934 shs. in Treas. @ $1.18B. IPO: 10/7/2009, 85,250,000 shs offerred @ $22 by Merill Lynch, Pierce, Fenner & Smith Inc., Morgan Srtanley & Co. Float 85.00%.