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After the 1974 revolution in Portugal, the company was nationalized and merged with other insurance companies, and later reprivatised. In 2015, in the aftermath of the demise of the Espírito Santo Group, it was sold to the Apollo Global Management fund for 215 million €. [1] In 2016 Tranquildade acquired Açoreana Seguros. [2]
Automotive companies of Portugal (1 C, 1 P) C. Cars of Portugal (15 P)
Porto Seguro is the leader in the auto and homeowner insurance segments in Brazil and has around 10 million clients all over the different business lines. [1] Currently, the company is owned by the Brazilian businessman Jayme Garfinkel and the bank Itaú Unibanco, through PSIUPAR (Porto Seguro Itaú Unibanco Participações S.A.). "Since ...
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
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The history of the company dates back to 1808 with the foundation of Bonança. In 1835 Companhia de Seguros Fidelidade is founded. Over the centuries, there have been several moments that have marked the activity of the companies that are at its origin: mergers, nationalization and later privatization, expansion into new markets, and adoption of new strategies.
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