Fidelidade's non-life insurance business was more lucrative.
The biggest life insurance company in Portugal by revenue generated was Fidelidade from 2020 to 2023. The Lisbon-headquartered insurance group reported revenues of approximately 2.3 billion euros in the life insurance segment in 2021 and 1.6 billion euros in 2023. Largest life insurance companies in Portugal in 2020 and 2023, by revenue (in million euros)
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Autoridade de Supervisão de Seguros e Fundos de Pensões. (January 1, 2024). Largest life insurance companies in Portugal in 2020 and 2023, by revenue (in million euros) [Graph]. In Statista. Retrieved May 18, 2024, from https://www.statista.com/statistics/1342011/largest-life-insurance-companies-portugal-by-revenue/
Autoridade de Supervisão de Seguros e Fundos de Pensões. "Largest life insurance companies in Portugal in 2020 and 2023, by revenue (in million euros)." Chart. January 1, 2024. Statista. Accessed May 18, 2024. https://www.statista.com/statistics/1342011/largest-life-insurance-companies-portugal-by-revenue/
Autoridade de Supervisão de Seguros e Fundos de Pensões. (2024). Largest life insurance companies in Portugal in 2020 and 2023, by revenue (in million euros). Statista. Statista Inc.. Accessed: May 18, 2024. https://www.statista.com/statistics/1342011/largest-life-insurance-companies-portugal-by-revenue/
Autoridade de Supervisão de Seguros e Fundos de Pensões. "Largest Life Insurance Companies in Portugal in 2020 and 2023, by Revenue (in Million Euros)." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1342011/largest-life-insurance-companies-portugal-by-revenue/
Autoridade de Supervisão de Seguros e Fundos de Pensões, Largest life insurance companies in Portugal in 2020 and 2023, by revenue (in million euros) Statista, https://www.statista.com/statistics/1342011/largest-life-insurance-companies-portugal-by-revenue/ (last visited May 18, 2024)
Largest life insurance companies in Portugal in 2020 and 2023, by revenue (in million euros) [Graph], Autoridade de Supervisão de Seguros e Fundos de Pensões, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1342011/largest-life-insurance-companies-portugal-by-revenue/