2022 Update: Fidelidade Insurance Market Leadership
Fidelidade's A rating positions the company at the
frontline of Portuguese corporates
Issuer Default Rating >
A-
Investment Grade Rating
Stable
Fitch reaffirmed¹ the top-tier rating in November 2022, confirming Fidelidade's strong capacity to honor its financial
commitments under a challenging market environment.
Fitch
highlights:
Positive
corporate strategy
Strong capitalization,
with robust solvency
✓ Undisputed leadership in
Portuguese market
Top-tier rating within Portugal
Rating outcome above the Portuguese
sovereign rating and among the top-rated
corporations in Portugal
Capital markets credibility
Access to reduced direct finan-cing costs
and a reinforcement of Fidelidade's
credibility on the capital markets
Business opportunities
Unlocked potential business opportunities
regarding reinsurance and cooperation with
other business counterparts
1. Fitch ratings for Fidelidade: "A" IFS (Insurer Financial Strength) and "A-" IDR (Issuer Default Rating)
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