China Re's to Establish a Partnership with Portugal's Fidelidade on Belt & Road Projects
- 8 de ago. de 2019
- 1 min de leitura
In order to help support Chinese investments under the Belt & Road initiative, China Re has established a new partnership with Portuguese insurer Fidelidade.
Together, the companies aim to contribute to the implementation of reinsurance solutions in projects based in Portugal, Spain, France, Angola, Mozambique, Cape Verde, and Peru.
Fidelidade stated that the agreement with China Re would help to expand its business abroad by enhancing the coverage it can offer to Chinese citizens living outside their country.
“With this collaboration, it will be possible to identify investment opportunities in these countries for Fidelidade products and services that are suitable to the needs in these target markets, as well as the sharing of best commercial and technical practices,” read a statement from the company.
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