Fairfax Financial
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.
| Company type | Public |
|---|---|
Traded as | TSX: FFH TSX: FFH.U |
| Industry | Insurance |
| Founded | 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) |
| US$244.1 Million (Fiscal Year Ended 31 December 2020) | |
Net income | US$37.4 Million (Fiscal Year Ended 31 December 2020) |
| Total assets | US$74.054 Billion (Fiscal Year Ended 31 December 2020) |
| Total equity | US$17.527 Billion (Fiscal Year Ended 31 December 2020) |
Number of employees | 44,000 (2019) |
| Divisions | (list of divisions) |
| Subsidiaries | (list of subsidiaries) |
| Website | www.fairfax.ca |
Fairfax is led by chairman and CEO Prem Watsa, who controls nearly half of the firm.
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