Global rating agency Fitch Ratings has given “Stable” outlooks and “BBB+” ratings to competitors Fidelity National Financial Inc. (FNF) and First American Financial Corp. (FAF).
FNF’s rating reflects its “market-leading margins, scale and strong capitalization in title insurance,” while FAF’s rating affirms its “strong capitalization, moderate financial leverage and continued profitability,” Fitch said in statements released on June 3.