Insurance

Portugal’s public venture capital company Portugal Ventures invested almost €13 million in 70 companies in 2021. Forty-eight of the 70 startups were added to Portugal Venture’s portfolio last [...]

The Allianz Group enjoyed its best results for Q3 ever with €9.9Bn in operational results for the first nine months of the year, up 27.2% like-for-like on 2020 and 82% its target for the entire [...]

DS Seguros, the Decisões and Soluções group company, enjoyed 44% turnover growth in Q3 of 2021 like-for-like on 2020. Between July, August and September 2021 health insurance was the insurance [...]

The Sino-Portuguese insurer Fidelidade says it will appeal against a decision by the competition authority to fine it €300,000. The insurer was fined by the competition authority for acquiring a [...]

The insurer Fidelidade has announced that it has closed a deal to acquire 70% of Insurtech Prosperity Group which operates in the German and Swiss markets. The amount of cash involved in the deal [...]

Insurance company GamaLife, formerly GNB Vida, has achieved a profit of €35.7 million for the first half of 2021. It compares to a loss of €50.3 million registered for the same period in 2020. [...]

The SMA Group, the shareholder of insurance company Victoria Seguros, has appointed Carlos Suárez and Francisco Campilho to the board. Francisco Campilho has also been appointed as managing [...]

Verlingue, the insurance broker from the Adelaide group that bought Luso-Atlântica, closed the year with an organic growth of 3%. The French insurance brokerage holding Adelaide, which has [...]

The CPP Group, a UK-based global product and services company specialising in the financial services and insurance markets, has appointed Justine Shaw as CEO for Spain and Portugal (CPP Group [...]

The Fidelidade insurance group has announced the launch of an on-line services platform called FIXO whose goal is to facilitate the day-to-day life of the Portuguese and their families. The Fixo [...]