Fairfax Financial Holdings Ltd

Overview

Fairfax Financial Holdings Ltd (Fairfax) is a financial service holding company. The company, through its subsidiaries, undertakes insurance and reinsurance business. It provides property and casualty insurance and reinsurance products. Fairfax also offers services such as investment management, insurance claims management, claims adjusting, and appraisal and loss management services. Fairfax operates its investment management business through its wholly owned subsidiary, Hamblin Watsa Investment Counsel Ltd. The company operates in the US, Canada, the UK, France, Singapore, Hong Kong, Japan, Ireland, India, Thailand, Malaysia, Vietnam, Sri Lanka, and Brazil among others. Fairfax is headquartered in Toronto, Canada. Fairfax reported gross premiums written of US$19,125.9 million during fiscal year ended December 2020 (FY2020), an increase of 9.2% over that in FY2019. Its net premiums written were US$14,864.5 million in FY2020, an increase of 7.4% over that in FY2019.
Key Stats
Address
95 Wellington St W Suite 800, TORONTO, M5J 2N7, Ontario
Headquarters

Canada

Contact

1 416 3674941

Website
www.fairfax.ca
No of Employees

41,000

Industry

Financial Services

Ticker Symbol & Exchange​

FFH [TSE]

Revenue (2020)

$19,397 m

-4% (2020 vs 2019)
Net Income (2020)

$218 m

-89.1% (2020 vs 2019)
Net Profit Margin

1 %

-88.6% (2020 vs 2019)
Market Cap *

$11,707 m

EPS *

$6.3

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Fairfax Financial Holdings LtdThe Travelers Companies IncReinsurance Group of America IncLoews Corp
Key Information
Headquarters Canada United States of America United States of America United States of America
Headquarter City TORONTO SAINT PAUL CHESTERFIELD NEW YORK
Headquarter State/Province Ontario Minnesota Missouri New York
No. of Employees 41,000 30,600 3,600 12,200
Entity Type Public Public Public Public

Products & Services

Fairfax is a financial holding company providing property and casualty insurance and reinsurance, and investment management services. Key products and services offered by the company include:

Products
  • Workers’ Compensation Insurance
  • Property and Casualty Insurance
  • Reinsurance
Services
  • Claims Adjusting Services
  • Appraisal and Loss Management
  • Insurance Claims Management
Brands
  • Allied World
  • Crum & Forster
  • Northbridge Insurance
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Peter Clarke Chief Operating Officer; Vice President Senior Management 2019 - Mr.Peter Clarke has been the Vice President and Chief Operating Officer of the company since 2019. Peter has been with...
V. Prem Watsa Chief Executive Officer; Chairman Executive Board 1985 - Mr. V. Prem Watsa has been the Chairman and Chief Executive Officer of the company since 1985. Previously, he served...
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History

Year Event Description
2021 Plans/Strategy In March, the company’s Fairfax Asia, announced its plans to acquire Singapore Reinsurance Corp.
2021 Contracts/Agreements In June, the company's Alberta Inc entered into an agreement to acquire all of the…
2021 Regulatory Approval In June, the company secured approval from European Commission to acquire remaining 50% stake in…
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2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


Singapore Reinsurance Corp Ltd

Address

85 Amoy Street
Singapore

Telephone

65 6 3247388

Website

www.singre.com.sg
Eurolife Erb General Insurance SA

Address

209-211, Sygrou Avenue, Nea Smyrni, Athens
Greece

Telephone

30 - 2109303900

Website

www.eurolife.gr
Fairfax Brasil Seguros Corporativos S/A

Address

Alameda Santos, 1.940, 4º a., Cerqueira Cesar, Sao Paulo
Brazil

Telephone

55 11 30413020

The Pacific Insurance Berhad

Address

Level 5 Menara Prudential, 10 Jalan Sultan Ismail, Kuala Lumpur
Malaysia

Telephone

60 3 2176 1188

Website

www.pacificinsurance.com.my
Zenith National Insurance Corp

Address

21255 Califa Street, Woodland Hills
United States of America

Telephone

1 818 7131000

Website

www.thezenith.com
Fairfax India Holdings Corp

Address

95 Wellington St W Suite 800, TORONTO
Canada

Telephone

1 416 3674941

Website

www.fairfaxindia.ca
FAJR AL GULF Insurance & Reinsurance SAL

Address

Adlieh Square, Olivetti Building, Beirut
Lebanon

Telephone

961 1 423 323

Website

http://www.gig.com.lb
Toys R Us (Canada), LTD.

Address

2777 Langstaff Road, Concord
Canada

Telephone

1 905 6602000

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
19 Aug 2021 Putman Investments to Acquire Toys R Us (Canada) Private Equity Putman Investments Inc Toys R Us (Canada), LTD.
22 Jun 2021 Fairfax Financial Acquires Remaining 50% Stake in Eurolife FFH Insurance Group Acquisition Fairfax Financial Holdings Ltd Eurolife FFH Insurance Group Holdings S.A.
25 May 2021 Foran Mining Raises USD41.45 Million in Private Placement of Voting Common Shares Equity Offering Fairfax Financial Holdings Ltd Foran Mining Corporation
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24 Feb 2021 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
24 Feb 2021 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

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