Profile: Fairfax Financial Holdings Ltd (FRFHF.PK)
2 Oct 2015
Fairfax Financial Holdings Limited, incorporated on November 23, 1976, is a holding company. The Company, through its subsidiaries, is engaged in property and casualty insurance, and reinsurance and investment management. The Company's insurance and reinsurance companies operate on a decentralized basis. The Company's subsidiaries provide a range of property and casualty products, maintaining a diversified portfolio of risks across all classes of business, geographic regions, and types of insureds. The Company's investments are managed by Hamblin Watsa Investment Counsel Ltd. (Hamblin Watsa Investment Counsel).
The Company's principal subsidiaries include Northbridge Financial Corporation (Northbridge Financial), Federated Insurance Company of Canada Limited, Crum & Forster Holdings Corp (C&F), Seneca Insurance Company, Inc. (Seneca Insurance), Zenith National Insurance Corp. (Zenith National), Odyssey Re Holdings Corp.( OdysseyRe), First Capital Insurance Limited (First Capital), Falcon Insurance Company (Hong Kong) Ltd. (Falcon Insurance), The Pacific Insurance Berhad (Pacific Insurance), PT. Fairfax Insurance Indonesia (Fairfax Indonesia), Fairfax Brasil Seguros Corporativos S.A. (Fairfax Brasil), Pethealth Inc. (Pethealth), Advent Capital (Holdings) Ltd. (Advent), Polskie Towarzystwo Reasekuracji SA (Polish Re) and Hamblin Watsa Investment Counsel, among others.
Northbridge Financial, based in Toronto, provides property and casualty insurance products in the Canadian market through its Northbridge Insurance and Federated subsidiaries. C&F, -based in Morristown, New Jersey, is a national commercial property and casualty insurance company in the United States writing a range of commercial coverages. Its subsidiary, Seneca Insurance, provides property and casualty insurance to small businesses and certain specialty coverages. C&F's other specialty property and casualty business and its accident and health insurance business are carried on through its Fairmont Specialty division. Zenith National, -based in Woodland Hills, California, is primarily engaged in the workers' compensation insurance business in the United States. OdysseyRe, -based in Stamford, Connecticut, underwrites treaty and facultative reinsurance , as well as specialty insurance, with principal locations in the United States, Toronto, London, Paris, Singapore and Latin America.
First Capital, based in Singapore, writes property and casualty insurance primarily in Singapore markets. Falcon Insurance, -based in Hong Kong, writes property and casualty insurance in markets in Hong Kong. Pacific Insurance, -based in Malaysia, writes all classes of general insurance and medical insurance in Malaysia. Fairfax Indonesia, -based in Indonesia, writes all classes of general insurance, specializing in automobile coverage in Indonesia.
Fairfax Brasil, based in Sao Paulo, writes insurance in all lines of business in Brazil. Pethealth, based in Toronto, provides pet medical insurance, management software and pet-related database management services in North America and the United Kingdom. Advent, -based in the United Kingdom, is a reinsurance and insurance company focused on specialty property reinsurance and insurance risks. Polish Re, -based in Warsaw, Poland, writes reinsurance in the Central and Eastern European regions. Hamblin Watsa Investment Counsel, -based in Toronto, provides investment management to the insurance, reinsurance and runoff subsidiaries of Fairfax.
Fairfax Financial Holdings Ltd
Fairfax Financial Holdings Ltd
95 Wellington St W Suite 800
TORONTO ON M5J 2N7
Company Web Links
- Irish insurer FBD boosts capital via Fairfax investment
- UPDATE 1-Fairfax alters Watsa voting-stake plan after shareholder talks
- Fairfax again postpones vote aimed at protecting Watsa's voting stake
- UPDATE 1-Fairfax postpones vote aimed at protecting Watsa's voting stake
- Fairfax postpones vote aimed at protecting Watsa's voting stake