Fairfax Financial

Fairfax Financial Holdings Limited
Company typePublic
TSXFFH
TSXFFH.U
IndustryInsurance
Founded1951; 73 years ago (1951) (as Markel Service of Canada)
HeadquartersToronto-Dominion Centre
Toronto, Ontario, Canada
Key people
V. Prem Watsa (chairman & CEO)
ProductsProperty and casualty insurance
RevenueDecrease US$19.794 Billion (Fiscal Year Ended 31 December 2020)[1]
Decrease US$244.1 Million (Fiscal Year Ended 31 December 2020)[1]
Decrease US$37.4 Million (Fiscal Year Ended 31 December 2020)[1]
Total assetsIncrease US$74.054 Billion (Fiscal Year Ended 31 December 2020)[1]
Total equityIncrease US$17.527 Billion (Fiscal Year Ended 31 December 2020)[1]
Number of employees
44,000 (2019)
Divisions(list of divisions)
Subsidiaries(list of subsidiaries)
Websitewww.fairfax.ca

Fairfax Financial Holdings Limited is a Canadian financial holding company based in Toronto, Ontario, engaged in property, casualty, insurance and reinsurance, investment management, and insurance claims management. The company operates primarily through several subsidiaries, including Allied World, Odyssey Re, Northbridge Financial, Crum & Forster, Verassure Insurance, Onlia Agency Inc., and Zenith Insurance Company. The company was also the largest shareholder of Torstar with 40% of the Class B shares, as of May 2020.[2]

Fairfax is led by chairman and CEO Prem Watsa, who controls nearly half of the firm.[3][4]

  1. ^ a b c d e "Fairfax Financial Holdings Limited 2020 Annual Report" (PDF). Fairfax. December 31, 2020. Archived from the original (PDF) on July 22, 2021. Retrieved July 15, 2021.
  2. ^ "Torstar to be sold, taken private in $52-million deal". Toronto.com. May 26, 2020. Retrieved May 27, 2020.
  3. ^ (Yahoo! Finance - Company Profile of Fairfax Financial) http://biz.yahoo.com/ic/56/56469.html "
  4. ^ (Fool.com - 2007-12-05 - How to Dodge the Debt: BRK.A & FFH) http://www.fool.com/investing/general/2007/12/05/how-to-dodge-the-debt.aspx "