Following Fidelity National Financial agreement to acquire FGL Holdings, Moody’s Investors Service affirmed Fidelity’s Baa2 senior unsecured debt rating and the A2 insurance financial strength ratings of its primary title insurance subsidiaries.
Moody’s said outlook for Fidelity’s ratings remains stable based on the company’s good profitability in its core title business and solid balance sheet.
Read on to learn the rationale behind Moody’s assessment.