Insurance

The Spanish group Concentra has bought 100% of the Óbidos-based insurance agency Obimedia – Sociedade Mediadora de Seguros. Grupo Concentra, specialising in insurance and reinsurance [...]

The Portuguese Association of Insurers (APS) has already settled approximately 71% of the 205,000 claims reported after the passage of the storms that hit the country between January 27 and [...]

At a time when construction costs and a lack of financial predictability are hindering the development of new housing in Portugal, insurance company Verlingue Portugal brought together some of [...]

Portugal’s Prime Minister Luís Montenegro plans to create a mandatory insurance scheme for earthquake risks, promising some financial support for those who might find it difficult to afford the [...]

Portugal’s insurer Fidelidade Group, which is in 14 countries, posted €201 million in net profits globally, a growth of 16% compared to 2024, with a positive contribution from the Portuguese [...]

The Portuguese Association of Insurance Agents and Brokers is to launch awards for the sector and launch a post graduate degree. APROSE will present the awards at the 11th National Congress of [...]

Portugal’s State-owned bank, Caixa Geral de Depósitos is considering increasing its shareholding in one of Portugal’s largest insurers, Fidelidade. The public bank sold the insurer to the Chinese [...]

Portugal’s largest insurance company, Fidelidade, is planning to float on the Euronext Lisbon stock exchange in 2027. The company, which is part-owned buy the Chinese holding Fosun, believes that [...]

Portuguese insurance underwriters Innovarisk has launched a new version of its website Portal Innoval1|GO “improving navigation, speed, and functions that simplify the daily work of insurance [...]

Portugal closed 2025 with a 4.4% drop in insolvencies compared to the previous year, from 2,361 to 2,256 cases, according to data from Allianz Trade, the world leader in Credit Insurance. The [...]