Dividend capacity of market-leading title insurer with industry-leading title operating margins. Increasing earnings diversification outside traditional title operations. The continually evolving strategic direction of senior management, in addition to the company's aggressive acquisition appetite. Cyclical nature of title insurance operations and real estate related businesses. The counterparty credit rating on Fidelity National Financial Inc. (FNF) is primarily based on the dividend capacity of the company's majority owned subsidiary Fidelity National Title Group Inc. (FNT) in addition to the company's majority stake in Fidelity National Information Services Inc. (FIS). Offsetting FNF's prospective strengths are the continually evolving strategic direction of senior management and the company's aggressive acquisition appetite. FNT leads the market as the number one domestic U.S. title insurance writer
