Company Profile - Fairfax Financial Holdings Ltd

Introduction

Fairfax Financial Holdings Ltd (Fairfax) is a financial service holding company. The company, through its subsidiaries, undertakes insurance and reinsurance businesses. 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$27,912.6 million in the fiscal year ended December 2022 (FY2022), which showed an increase of 16.7% over that in FY2021. Its net premiums written were US$22,271.7 million in FY2022, which indicated an increase of 21.8% over that in FY2021.