2022 Update: Fidelidade Insurance Market Leadership
Reduced equity exposure with limited co-investments
with shareholders
Key considerations on equity exposure¹
•
Limited equity investments, c.6% of portfolio
✓ Equity Investments sum up to €1.0 B.
Equity Co-Investments with Fosun
€ M, Current book-value co-investments above €10M
€ M
Country
Listed
New China Life Insurance
143
China
•
Well diversified investment portfolio
✓ Geographical diversification with exposures to Europe, Asia, Latam
and North America.
Ageas
85
Belgium
Chongqing Rural Commercial
19
Hong Kong
•
More focused co-investments with Fosun
Total Top 3 Co-Investments
247
✓ Approximately 66% reduction, from €756 M invested in 2017 to
€252 M in December 2022.
Total Co-Investments
252
Source: Company information (31 December 2022)
1. Includes Equity and Equity fund investments
27 FIDELIDADEView entire presentation