Fidelidade (insurance)
| Fidelidade Companhia de Seguros SA | |
|---|---|
| legal form |
Sociedade Anónima Public Company (Portugal) |
| founding | 1808 |
| Seat |
Lisbon , Portugal
|
| Branch | insurer |
| Website | www.fidelidade.pt |
Fidelidade Companhia de Seguros SA , formerly Fidelidade Mundial , is a Portuguese insurance company. It traces its history back to 1808. Since 2014, Fidelidade has been indirectly controlled by the Chinese investment conglomerate Fosun International ; previously the insurer was a subsidiary of the state-owned credit institution Caixa Geral de Depósitos (CGD). Fosun had offered 1 billion euros for the takeover of the majority stake of 80% in the insurance group. Fidelidade had a domestic market share of 26% in 2014, making it the largest insurer in Portugal.
Fidelidade's business areas include the health insurer Multicare and the traffic risk insurer Cares . Via Fidelidade, Fosun holds significant stakes in several large western companies in various industries.
Individual evidence
- ↑ China's Fosun buys Portuguese insurer Caixa Seguros. (No longer available online.) In: FT.com. January 9, 2014, formerly in the original ; accessed in 2015 . ( Page no longer available , search in web archives )