Fairfax Financial Holdings Ltd
TSX:FFH

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Fairfax Financial Holdings Ltd
TSX:FFH
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Price: 2 009 CAD 0.3%
Market Cap: 46.7B CAD
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Fairfax Financial Holdings Ltd
Investor Relations

In the bustling world of finance, Fairfax Financial Holdings Ltd. emerges as a figure of enduring intrigue and complexity. Founded in 1985 by the savvy businessman Prem Watsa, often likened to Warren Buffett for his investment acumen, Fairfax's journey is one of calculated risks and strategic foresight. Headquartered in Toronto, Canada, this formidable conglomerate operates primarily in the realms of property and casualty insurance and reinsurance. The business model of Fairfax is akin to that of Berkshire Hathaway, focusing not only on insurance underwriting but using the float—essentially, other people’s money collected as premiums but not yet paid out in claims—to generate investment returns. Fairfax takes pride in its conservative investment philosophy, with Watsa ensuring a broad diversification of assets combined with a keen eye for undervalued opportunities across various sectors and geographies.

Fairfax Financial Holdings generates its revenue through a meticulously orchestrated blend of insurance operations and astute investment activities. The company writes policies, aiming for disciplined underwriting practices that lead to profitable insurance operations. Its insurance subsidiaries, spread across the globe, focus on maintaining low combined ratios, which measure the cost of paying claims and running the insurance business. The profits from underwriting are often enhanced by the returns from its investment portfolio. Watsa’s approach includes significant equity exposure, sometimes contrarian bets that mirror a long-term perspective, seeking out investments in distressed markets or undervalued sectors. This dual engine of insurance and investments allows Fairfax, much like its American counterpart in Omaha, to thrive in varying economic climates, constantly evolving and adapting to ensure a steady trajectory of growth and shareholder value.

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Management

Mr. V. Prem Watsa
Founder, Chairman & CEO
No Bio Available
Mr. Peter S. Clarke
President & COO
No Bio Available
Ms. Jennifer J. S. Allen CPA
VP & CFO
No Bio Available
Mr. Jean Cloutier
VP & Chairman of International
No Bio Available
Mr. Bryan Bailey
Vice President of Tax
No Bio Available
Mr. Vinodh Loganadhan
Vice President of Administrative Services
No Bio Available
Mr. Derek Bulas
VP, Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. John Charles Varnell CPA
Vice President of Corporate Development
No Bio Available
Mr. Paul Adamson
Chief Executive Officer of GIG Gulf
No Bio Available
Mr. Khaled Saoud Abdul Aziz Al Hasan
Group Chief Executive Officer of Gulf Insurance
No Bio Available

Contacts

Address
ONTARIO
TORONTO
95 Wellington St W Suite 800
Contacts
+14163674941.0
www.fairfax.ca