...The ratings reflect the core strategic position of Fortis s main insurance operations in the Benelux countries, and the quality and conservatism of their management teams, who are following a focused st rategy to expand the current solid business positions in the region. The ratings are also based on the strong capital adequacy currently displayed by Fortis s insurance activities and their good profitability, although this is somewhat tempered by the limited, although improving, geographic diversification. Fortis s insurance activities in the Benelux countries are closely related to the group s banking businesses. The two businesses share a brand name, distribution channels and a client base, particularly in Belgium. In the region, management teams follow a focused strategy to increase overall market leadership through product differentiation, cross\##selling and customer retention. As a result, Fortis s insurance operations...
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| Report Type: | Full Rating Report
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| Company(ies): | Fortis ASR Levensverzekering N.V., Companhia Portuguesa de Seguros de Saude S.A., Fortis Insurance Belgium, Ocidental-Cia Portuguesa de Seg., S.A., Ocidental Companhia Portuguesa de Seguros de Vida, S.A., Fortis Insurance Company (Asia) Limited, Fortis ASR Schadeverzekering N.V., Fortis Insurance NV, Fortis Corporate Insurance N.V.
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| Issuer: | Pacific Century Insurance Company Ltd
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| Free Sample: |
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| Format: | | PDF |  |
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