FNF has a leading market position in the U.S. title industry supported by very strong capital and earnings. We are affirming our ratings on FNF and its core operating subsidiaries. The stable outlook reflects our expectation the group will continue to have strong operating performance and very strong capital adequacy. On Oct. 7, 2019, S&P Global Ratings affirmed its 'BBB' long-term issuer credit rating on Fidelity National Financial Inc. (FNF) and its 'A' financial strength ratings on FNF's subsidiaries (collectively, Fidelity National). The outlook is stable. The stable outlook on Fidelity National reflects our expectation that the group will maintain its strong competitive position, including operating performance metrics and market share. We also expect Fidelity National to maintain capital adequacy
