- Business
- Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, primarily provides property and casualty insurance and reinsurance, alongside associated investment management services. Founded in 1985 and headquartered in Toronto, Ontario, Canada, the company operates globally across North America, Europe, Asia, Latin America, and other regions, with key insurance subsidiaries including North American Insurers such as Crum & Forster, Northbridge Financial, and Zenith National; Global Insurers and Reinsurers such as Allied World, Odyssey Group, Brit Insurance, and Ki; International Insurers and Reinsurers such as Gulf Insurance Group, Bryte, Fairfax Brasil, and various others including RiverStone, Colonnade, Polish Re, ARX, Universalna, Digit, Fairfirst, Falcon Insurance, Thai Re, Pacific Insurance, BIC, Singapore Re, and AMAG; Life Insurance and Run-off operations including Eurolife; and Non-insurance companies such as Fairfax India, Thomas Cook India, Dexterra Group, Sporting Life Group, and others. Fairfax focuses on disciplined underwriting combined with value-oriented total return investing to achieve long-term book value per share growth of 15%, writing cumulative premiums exceeding $290 billion since inception while maintaining decentralized operations managed by subsidiary presidents. Recent developments include the August 2025 completion of a $507.5 million unsecured senior notes offering maturing in 2035 and 2055; the August 2025 acquisition and reorganization of Keg Royalties Income Fund into Keg Restaurants Ltd. with a partnership alongside LFG Growth Partners; the September 2025 redemption of Series G and H preferred shares; the October 2025 agreement to sell its 80% interest in Eurolife's life insurance operations to Eurobank for approximately $940 million while acquiring a 45% stake in ERB Asfalistiki for $68 million, expected to close in Q1 2026; and the November 2025 proposal by a consortium including Fairfax to acquire remaining shares of Kennedy-Wilson Holdings for $10.25 per share.