- Business
- Fairfax Financial Holdings Limited is a holding company primarily engaged in property and casualty insurance and reinsurance, as well as associated investment management activities through its subsidiaries. The company offers a broad range of insurance products including commercial property, casualty, specialty lines, personal lines, and reinsurance coverage; key operating subsidiaries encompass North American insurers such as Crum & Forster, Northbridge Financial, and Zenith National; global insurers and reinsurers including Allied World, Odyssey Group, Brit Insurance, and Ki; and international operations like Gulf Insurance Group, Bryte, Fairfax Brasil, and Thai Re, with additional services in travel-related financial products, infrastructure support, digital agricultural tools, and value-added food ingredients. Fairfax conducts business worldwide, with significant operations in North America, Europe, Asia, Latin America, Africa, and the Middle East, targeting commercial, specialty, and personal insurance markets. Founded in 1985 and headquartered in Toronto, Canada, the company manages investments on a value-oriented total return basis, aiming for 15% long-term growth in book value per share. Recent developments include the August 2025 completion of a $507.5 million unsecured senior notes offering; the August 2025 acquisition and reorganization of Keg Royalties Income Fund into Keg Restaurants Ltd. with a strategic partnership; the September 2025 redemption of Series G and H preferred shares; the October 2025 agreement to sell its 80% stake in Eurolife's life insurance operations to Eurobank for approximately $940 million while acquiring a 45% interest in ERB Asfalistiki; and the November 2025 proposal by a Fairfax-led consortium to acquire remaining shares of Kennedy Wilson Holdings, Inc.