Overview
Description
Fairfax Financial Holdings Limited is a diversified financial holding company principally engaged in the property and casualty insurance and reinsurance sectors. Founded in 1985 and headquartered in Toronto, Canada, Fairfax operates through a variety of subsidiaries that underwrite insurance risk across major markets, including North America, Europe, Latin America, and Asia. The company manages a broad portfolio of insurance brands and employs a decentralized structure, allowing local expertise within its underwriting operations.
Fairfax Financial Holdings also differentiates itself with a dedicated investment management strategy, managed centrally by its subsidiary Hamblin Watsa Investment Counsel Ltd., focusing on value-oriented, long-term total returns. Beyond its insurance core, Fairfax maintains interests in non-insurance businesses, including investment management and occasional stakes in other sectors.
The firm is recognized for its disciplined underwriting practices, strong leadership under Chairman and CEO Prem Watsa, and its long-term objective to steadily increase book value per share. Over several decades, Fairfax has established a reputation for sound risk management and has grown into a globally significant player in insurance and financial services.
About
CEO
Mr. V. Prem Watsa
Employees
47040
Address
95 Wellington Street West
Suite 800
Toronto, M5J 2N7, ON
Canada
Suite 800
Toronto, M5J 2N7, ON
Canada
Phone
416 367 4941
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Property & Casualty
Country
Germany
MIC code
XMUN