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FOSUN INTERNATIONAL LIMITED

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With the "In-house Counsel of the Year" award given to the insurance industry, Fidelidade distinguished by Iberian Lawyer, Iberian largest legal publishing group

11/09/2021 | 10:45pm EST
With the "In-house Counsel of the Year" award given to the insurance industry, Fidelidade distinguished by Iberian Lawyer, Iberian largest legal publishing group
Release Time:2021-11-08Author:Source: Pageviews:

Lisbon, November 8,2021 -Fidelidade was distinguished, for the third consecutive year, in the Gold Awards organised by Iberian Lawyer, which is part of the largest legal publishing group in the Iberian Peninsula and Latin America.

In this fifth edition, Fidelidade was awarded the "In-house Counsel of the Year" prize for the insurance industry in the Iberian Peninsula, given to Isabel Lage, General Counsel of the Insurer.

The Iberian Lawyer award recognises the excellent work carried out by the Company's legal team, in all its areas of activity and covering the various countries where it is present.

For Isabel Lage, "This award recognises, in yet another edition, the professionalism, dedication and commitment of the great team that is Fidelidade, always focused on innovating in order to better support all customers and promote a sustained development of the Company, so that our life and the lives of our customers do not stop. "

The winners of the Gold Awards 2021 were announced at a ceremony held in Madrid on 4 November.

About Fidelidade


Founded in 1808, Fidelidade is the leading life and non-life insurer in Portugal, with a total market share of 25.5% in 2019, and is present in Angola, Cape Verde, Mozambique, Spain, France, Macau, Peru, Bolivia, Paraguay, and Chile.

With 2.3 million customers in Portugal and more than 7 million worldwide, Fidelidade conducts its activity with a "Customer Centric Approach" strategy and, through a distribution network and channels of high size and capillarity, guarantees consumers an integrated and personalized experience, regardless of the channel used.

Fidelidade is guided by values that have always defined it: experience, innovation, overcoming expectations and proximity, and this year it has already been re-elected Consumer Choice in the category of "Insurers", "Trusted Brand" and Most Reputed Insurer in Portugal.

Supporting the development and construction of a sustainable society is an essential part of its Social Responsibility policy, which is embodied in the Fidelidade Comunidade (Fidelidade Community) Programme, which distinguishes entities working in the areas of ageing, health prevention and inclusion of people with disabilities.

www.fidelidade.pt

Disclaimer

Fosun International Limited published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 03:44:01 UTC.


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Sales 2021 155 B 24 445 M 24 445 M
Net income 2021 12 012 M 1 895 M 1 895 M
Net Debt 2021 126 B 19 871 M 19 871 M
P/E ratio 2021 4,92x
Yield 2021 4,67%
Capitalization 59 746 M 9 426 M 9 425 M
EV / Sales 2021 1,20x
EV / Sales 2022 1,13x
Nbr of Employees 78 000
Free-Float 27,2%
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Mean consensus BUY
Number of Analysts 10
Last Close Price 7,19 CNY
Average target price 10,65 CNY
Spread / Average Target 48,2%
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Managers and Directors
Qi Yu Chen Co-Chief Executive Officer & Executive Director
Xiao Liang Xu Co-Chief Executive Officer & Executive Director
Ping Gong Chief Financial Officer & Executive Director
Hou Lin Zhang Co-Chief Financial Officer & Senior Vice President
Li Gang Zhang Co-CFO & GM-Financial Management
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