Tranquilidade
Encyclopedia
Tranquilidade is a Portuguese
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...

 insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...

 company, founded in Oporto in 1871. It is part of the Portuguese economic group "Grupo Espirito Santo".

The company has enjoyed a lot of highs and lows during its history, and at the moment (year 2006) has a very solid economic presence on the Portuguese insurance market.

Tranquilidade has subsidiaries in several countries, such as Spain, Angola and Mozambique.

In 2006, a subsidiary company, called "T-Vida, Companhia de Seguros" was created, as a sequence of "Grupo Espirito Santo" reorganization.
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