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Fairfax Financial Holdings Limited (T:FFH)

Business Focus: Property & Casualty Insurance (NEC)

Sector:  Financials Industry:  Property & Casualty Insurance
See Regulatory Filings on SEDAR
Company Contact
Address: 95 Wellington St W Suite 800
Tel: N/A
IR: See website
Key People
Vivan Prem Watsa
Chairman of the Board, Chief Executive Officer
Jennifer Allen
Chief Financial Officer, Vice President
Peter S. Clarke
Chief Operating Officer, Vice President
Eric P. Salsberg
Vice President - Corporate Affairs, Corporate Secretary
Jean Cloutier
Vice President - International Operations
Bradley Paul Martin
Vice President - Strategic Investments
John C. Varnell
Vice President - Corporate Development
Vinodh Loganadhan
Vice President - Administrative Services
Business Overview
Fairfax Financial Holdings Limited (Fairfax) is a holding company. The Company, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management. Fairfax subsidiaries provide a full range of property and casualty products, maintaining a diversified portfolio of risks across all classes of business, geographic regions, and types of insureds. Its segments include Insurance and Reinsurance, Non-insurance, and Corporate and Other. The Insurance and Reinsurance segment includes Northbridge Financial Corporation, Odyssey Re Holdings Corp., and Crum & Forster Holdings Corp. The Company's Non-insurance segment includes Cara Operations Limited (Cara), Eurobank Ergasias Services & Holdings S.A., Atlas Corp., Bangalore International Airport Limited and Quess Corp Limited. Corporate and Other segment includes the parent entity (Fairfax Financial Holdings Limited) and its subsidiary intermediate holding companies.
Financial Overview
For the nine months ended 30 September 2021, FairfaxFinancial Holdings Ltd revenues increased 25% to $17.46B.Net income applicable to common stockholders totaled $2.44Bvs. loss of $723.6M. Revenues reflect Dividends increase of27% to $77.3M. Net Income reflects Elimination & Adjustmentsegment income increase from $41.6M to $247.8M, ExpenseRatio -% Comm. Brit decrease of 22% to 20.3%, Loss Ratio -%- Allied world increase of 2% to 72.3%.
Employees: 41,000 as of Dec 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $26,552M as of Sep 30, 2021
Annual revenue (TTM): $29,177M as of Sep 30, 2021
EBITDA (TTM): $3,048M as of Sep 30, 2021
Net annual income (TTM): $4,247M as of Sep 30, 2021
Free cash flow (TTM): $5,863M as of Sep 30, 2021
Net Debt Last Fiscal Year: $8,595M as of Sep 30, 2021
Shares outstanding: 26,675,599 as of Sep 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization