Fidelity National Financial, Inc. (NYSE:FNF), is a leading provider of title insurance, mortgage services and restaurant and other diversified services. For over thirty years we have found opportunistic ways to provide industry leading products, services, and value.
As a group, our title insurance underwriters issue more title insurance policies than any other title company in the United States, are collectively hold the top spot in market share in each of the top five residential real estate states.
Through an innovative investments strategy, often with financial partners, we are able to acquire, improve performance, grow organically and through acquisition to create greater scale, and periodically exit investments that generate meaningful gains, which complement our industry leading profitability in the title insurance space.
Recognized as a leader in our industry, FNF is ranked #353 in the 2013 Fortune 500 and is the highest ranked company in the title insurance industry on the list.
We achieved our strongest first quarter in the title business since 2004, producing pre-tax earnings of $171 million and a pre-tax title margin of 12.3%. With the improving purchase market, continued low mortgage rates and a stabilizing economy, we are confident in our ability to continue to produce industry-leading earnings in our title business.
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