Emerging risks | Growth Opportunities | APAC Insurance

Thursday, July 16, 2026

News, Non-life, Ratings, Ratings outlook affirmation

Strong capital, ROE underpin Fitch’s affirmed IFS rating for Fidelidade Macau amid rising COR

The non-life insurer achieved a 69% combined ratio in 2024, though Fitch expects this to rise above 80% this year.

By

Nica Hanopol

November 13, 2025

•

3 min read

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

MEMBERS ONLY

Continue reading with a free account.

Get access to in-depth analysis, breaking news, and exclusive features across APAC insurance.

• Free daily briefing in your inbox each morning

• 7-day trial of premium intelligence

• No credit card required

Existing user?

Sign in here

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

Read next