Posts Tagged "portugal"
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[RATING] Confirming the financial robustness of the Company, Fitch rates Fidelidade Portugal of “A”
The international financial rating agency assigned an Insurer Financial Strength (“IFS”) rating of “A” and a Long-term Issuer Default rating (“IDR”) of “A-“ to the Portuguese Insurer. Lisbon, December 10, 2021. The American financial rating agency Fitch announced today that it has assigned Fidelidade an Insurer Financial Strength (“IFS”) of “A”... -
[News] Chinese conglomerate bids for Fidelidade
Chinese conglomerate Fosun International Ltd has bid for the Portuguese insurance firm Companhia de Seguros Fidelidade Mundial SA, which also has a branch here. Fosun is competing against American private equity firm Apollo Management International LLC for the insurance business of Portugal’s Caixa Geral de Depósitos SA (CGD). State-owned...