Emerging risks | Growth Opportunities | APAC Insurance

Wednesday, November 11, 2026

Fidelidade Macau’s strong capital supports Fitch rating affirmation despite weaker underwriting

Higher motor claims and reserve strengthening weakened underwriting performance in 2025, but strong investment returns and capital buffers are expected to support the insurer's credit profile.
Fitch Affirms Fidelidade Macau's IFS Rating at 'A'; Outlook Stable
November 11, 2026

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3 min read
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