Financial holding company based in Toronto, Ontario
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Fairfax Financial Holdings Limited
Company type
Public
Traded as
TSX: FFH TSX: FFH.U
Industry
Insurance
Founded
1951; 73 years ago (1951) (as Markel Service of Canada)
Headquarters
Toronto-Dominion Centre Toronto, Ontario, Canada
Key people
V. Prem Watsa (chairman & CEO)
Products
Property and casualty insurance
Revenue
US$19.794 Billion (Fiscal Year Ended 31 December 2020)[1]
Operating income
US$244.1 Million (Fiscal Year Ended 31 December 2020)[1]
Net income
US$37.4 Million (Fiscal Year Ended 31 December 2020)[1]
Total assets
US$74.054 Billion (Fiscal Year Ended 31 December 2020)[1]
Total equity
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)
Website
www.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]
^ abcde"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.
^"Torstar to be sold, taken private in $52-million deal". Toronto.com. May 26, 2020. Retrieved May 27, 2020.
^(Yahoo! Finance - Company Profile of Fairfax Financial) http://biz.yahoo.com/ic/56/56469.html "
^(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 "
FairfaxFinancial Holdings Limited is a Canadian financial holding company based in Toronto, Ontario, engaged in property, casualty, insurance and reinsurance...
from John Fairfax Holdings to Fairfax Media in 2007.[citation needed] The Australian Financial Review was founded in 1951. In that decade, Fairfax started...
bank, and FairfaxFinancial Holdings Limited- a financial services company based in Toronto. ICICI Bank had 64% stake in the venture while Fairfax had 36%...
California Fairfax District, Los Angeles, California, centered on Fairfax Avenue Fairfax, Georgia Fairfax, Indiana Fairfax, Iowa Fairfax District (Kansas...
status by 1975. In Dec 2016, RBI allowed FairfaxFinancial Holdings to acquire 51% of the bank and in Feb 2018, Fairfax India (via FIH Mauritius Investments...
chain for $200 million, from then owners David Aisenstat (49%) and FairfaxFinancial (51%). Aisenstat was the sole owner from 1997 until 2014. The company...
Airport. In 2016, GVK decided to divest its 33% share of in BIAL to FairfaxFinancial for ₹2149 cr. In March 2017, GVK confirmed having done so. Finally...
India, Sri Lanka and Mauritius. Thomas Cook India is a subsidiary of FairfaxFinancial Holdings Limited, through its wholly owned subsidiary, Fairbridge...
businessman who is the founder, chairman, and chief executive of FairfaxFinancial Holdings, based in Toronto. He has been called the "Canadian Warren...
by FairfaxFinancial Holdings Limited". Washington Post. Archived from the original on December 16, 2020. Retrieved September 24, 2013. "Fairfax Financial...
investment company Grivalia Properties, controlled by FairfaxFinancial Holdings through its 51% stake. Fairfax increased its stake in Eurobank after the takeover...
well as Kuoni Travel (India) Pvt. Ltd., is a step-down subsidiary of FairfaxFinancial Holdings Group; held through two companies, its Indian listed subsidiary...
Cara IPO was brokered by FairfaxFinancial. Through it, the company raised $200 million, and merged in a 7:8 ratio with Fairfax's East Side Mario's, Casey's...
entirely separate entity since August 2012, when it was acquired by FairfaxFinancial and thus was not affected. In September 2020, Fosun International...
has been reduced from six to four models. On September 23, 2013, FairfaxFinancial, which owns a 10% equity stake in BlackBerry, made an offer to acquire...
FFH (band), an American contemporary Christian band FairfaxFinancial Holdings, a Canadian financial holding company Far from Home (disambiguation) Federal...
across all media. The Australian Financial Review newspaper started as a weekly publication in 1951, published by John Fairfax & Sons. The paper's main objective...
reinsurance group specialising in commercial insurance. It was acquired by FairfaxFinancial in May 2015. The Company was founded as Benfield & Rea Investment...
744 George Weston Limited Toronto 37.5 0.4 32.1 11.7 Retail 25 766 FairfaxFinancial Toronto 18.2 0.4 64.4 13.7 Insurance 26 771 Fortis Inc. St. John's...
incorporates Temple Street Productions. Its majority shareholder is FairfaxFinancial. Boat Rocker is led by co-executive chairs David Fortier and Ivan...
(renamed Recipe Unlimited in 2018), a subsidiary of the holding company FairfaxFinancial. The restaurant opened a location in Waterloo, Ontario in 2019, their...
insurance. It has been an indirect wholly owned subsidiary of Canadian FairfaxFinancial since 2010. Zenith operates nationally in the workers' compensation...
Athletics Inc. (co-owned by affiliates of Sagard Holdings Inc. and FairfaxFinancial Holdings Limited). 2020 Easton Diamond Sports sold to Rawlings. Cooper...
Global Information
US$19.794 Billion (Fiscal Year Ended 31 December 2020)[1]
US$74.054 Billion (Fiscal Year Ended 31 December 2020)[1]